Market Overview:
The United States electric insulator market size reached US$ 3,238.7 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 4,926.1 Million by 2032, exhibiting a growth rate (CAGR) of 4.6% during 2024-2032.
Report Attribute
|
Key Statistics
|
Base Year
|
2023
|
Forecast Years
|
2024-2032
|
Historical Years
|
2018-2023
|
Market Size in 2023 |
US$ 3,238.7 Million |
Market Forecast in 2032 |
US$ 4,926.1 Million |
Market Growth Rate (2024-2032) |
4.6% |
An electric insulator is a material with high resistivity and low electrical conductivity used to stop the flow of electrical current. It is also used in electrical circuits, which lowers damage to properties and lives in case of mishaps. Ceramic, glass, wood, silk, paper, wood, rubber, and plastic are some of the most commonly used electric insulating material. They are useful for coating wires and distributing electric networks and act as dielectrics in capacitors.
The United States electric insulator market is primarily driven by the growing awareness and the increasing international pressure to lower greenhouse gas emissions, which have resulted in the shift toward the adoption of renewable energy sources. The rising investments to refurbish the aging grid infrastructure has prompted the country to upgrade the network, which is expected to create a positive outlook for the market. For instance, American Electric Power, a US retail energy provider, has invested approximately US$ 9 Billion between the 2017-2019 in-state transmission system to modernize the design standards for improving efficiency and strengthening grid infrastructure. Furthermore, the growth in electricity transmission and distribution (T&D) networks is also catalyzing the growth of the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the United States electric insulator market report, along with forecasts at the country and regional levels from 2024-2032. Our report has categorized the market based on material, voltage, category, installation, product, rating, application and end use industry.
Breakup by Material:
- Ceramic/Porcelain
- Glass
- Composites
- Others
Breakup by Voltage:
Breakup by Category:
- Bushings
- Other Insulators
Breakup by Installation:
- Distribution Networks
- Transmission Lines
- Substations
- Railways
- Others
Breakup by Product:
- Pin Insulator
- Suspension Insulator
- Shackle Insulator
- Others
Breakup by Rating:
- <11 kV
- 11 kV
- 22 kV
- 33 kV
- 72.5 kV
- 145 kV
- Others
Breakup by Application:
- Transformer
- Cable
- Switchgear
- Busbar
- Surge Protection Device
- Others
Breakup by End Use Industry:
- Utilities
- Industries
- Others
Breakup by Region:
- Northeast
- Midwest
- South
- West
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
US$ Million |
Segment Coverage |
Material, Voltage, Category, Installation, Product, Rating, Application, End Use Industry, Region |
Region Covered |
Northeast, Midwest, South, West |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 3699
Five User License: US$ 4699
Corporate License: US$ 5699 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the United States electric insulator market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the United States electric insulator market?
- What are the key regional markets?
- What is the breakup of the market based on the material?
- What is the breakup of the market based on the voltage?
- What is the breakup of the market based on the category?
- What is the breakup of the market based on the installation?
- What is the breakup of the market based on the product?
- What is the breakup of the market based on the rating?
- What is the breakup of the market based on the application?
- What is the breakup of the market based on the end use industry?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the United States electric insulator market and who are the key players?
- What is the degree of competition in the industry?