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Electric Insulator Market - Global Industry analysis & Trends to 2023

Electric Insulator Market - Global Industry analysis & Trends to 2023

The global electric insulator market is projected to reach a market size of USD 13.34 billion by 2023, at a CAGR of 5.58%, from an estimated USD 10.17 billion in 2018. Increasing investments in T&D networks, refurbishment of the existing grid networks, and growing adoption of renewable energy sources are some of the major drivers of the electric insulator market. Increasing investments in smart grid projects and HVDC transmission methods for long-distance transmission could act as the opportunities for the electric insulator market.

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Electric Insulator Market by Type,Voltage, Category, End-User, Application and Region - Global Forecast to 2023

Electric Insulator Market by Type,Voltage, Category, End-User, Application and Region - Global Forecast to 2023

The report Electric Insulator Market by Type (Ceramic, Glass, and Composite), Voltage (Low, Medium, and High), Category (Bushings), End-User (Utilities, Industries), Application (Transformer, Cables, Busbar), and Region - Global Forecast to 2023", The electric insulator market is expected to grow from an estimated USD 10.17 billion in 2018 to USD 13.34 billion by 2023, at a CAGR of 5.58%. Increasing investments in T&D networks, refurbishment of the existing grid networks, and growing adoption of renewable energy sources across the globe are likely to drive the electric insulator market. Increasing investments in smart grid projects and growing demand for HVDC transmission projects can lead to opportunities in the electric insulator market.

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92 views • 8 slides
Electric Insulator Market worth $13.34 billion by 2023

Electric Insulator Market worth $13.34 billion by 2023

The global electric insulator market is projected to reach a market size of USD 13.34 billion by 2023, at a CAGR of 5.58%, from an estimated USD 10.17 billion in 2018. Increasing investments in T&D networks, refurbishment of the existing grid networks, and growing adoption of renewable energy sources are some of the major drivers of the electric insulator market. Increasing investments in smart grid projects and HVDC transmission methods for long-distance transmission could act as the opportunities for the electric insulator market.

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44 views • 3 slides

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