India Electric Insulator Market (2021-2027) | COVID-19 IMPACT, Industry, Growth, Trends, Size, Outlook, Revenue, Companies, Analysis, Share, Forecast & Value

Market Forecast By Material (Ceramic/Porcelain, Glass, Composite), By Voltage (High, Medium, Low), By Application (Cables and transmission lines, Switchgears, Transformers, Busbars, Others), By Product Type (Pin, Suspension, Shackle, Others), By End-Use (Residential, Commercial & Industrial, Utilities), By Installation (Distribution, Transmission, Substation, Railways, Others) And Competitive Landscape
Product Code: ETC064603 Publication Date: Aug 2023 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

India Electric Insulator Market Shipment Analysis

India Electric Insulator Market registered a growth of 6.51% in value shipments in 2022 as compared to 2021 and a decrease of -0.67% CAGR in 2022 over a period of 2017. In Electric Insulator Market India is becoming more competitive as the HHI index in 2022 was 4592 while in 2017 it was 5125. Herfindahl Index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means less numbers of players or countries exporting in the market. India has reportedly relied more on domestic production to meet its growing demand in Electric Insulator Market.

India is shifting towards local production to meet its demand as we see the trend is shifting towards reducing imports. The import factor of Electric Insulator Market in 2022 was 0.66 while in 2017 it was 1.19. China, Germany, USA, France and Rep. of Korea were among the top players of the market in 2022, where China acquired the largest market share of 66.91% with a shipment value of 68.44 million USD in 2022 China also offered the product below the average market price thus having a competitive advantage over others In 2017 China had the largest market share of 71.04% with the shipment value of 71.05 million USD. The country was offering its product with an average price which is lower than the average market price offered in the country. As China price is lower than the average price, it provided a significant edge among other competitor in 2017.

India Electric Insulator Market Synopsis

Electric insulators are materials that are highly resistant to electrical current and can be used in a variety of applications. Electrical insulators, such as porcelain, fiberglass, plastic or rubber, prevent the flow of electricity between components and protect personnel from hazardous contact with high-voltage lines. In India, the electric insulator market is expected to grow at a CAGR of 8.1% during the forecast period 2021-2027. The growing demand for renewable energy sources such as wind and solar power coupled with increasing investments in smart grid technology is driving growth in the Indian electric insulation market. Moreover, increased government initiatives towards rural electrification will further boost the market’s growth prospects over the forecast period.

Drivers of the Market:

The primary driver behind this market is an increase in investment across many states within India for projects related to transmission & distribution (T&D) networks which use cables & wires insulated by various types of electrical insulators. Additionally, government schemes like ‘Power for All` has launched numerous projects related to infrastructure development along with providing financial assistance to local bodies for installation of poles & towers made from these materials thus creating more opportunities leading towards expansion of Indian electric insulator market size over next few years. Another contributing factor would be rapid industrialization along with increase in consumer awareness about safety products specifically designed for protection against short circuits due to presence of high voltage current resulting into higher utilization rates among key end users primarily being utilities companies & engineering/manufacturing firms etc..

Challenges of the Market:

One major challenge faced by players operating within this industry would be availability/shortage supply raw material required during production process due which prices tend fluctuate significantly apart from other issues including labor cost inflation leading up towards reduction on profit margin among players associated with this sector .Apart from price dynamic another hurdle could emerge due continuous technological changes making it difficult product design choice among users while selecting right type equipment matching their specific requirements .Finally , stringent regulatory policies implemented by various governments can have direct impact on companies operations considering fact that one need license upon its initiation therefore hindering new entrants wanting establish themselves amidst existing competitive landscape.

Trends of the Market:

A newer trend seen amongst player operating within industry includes introduction 3d printing technology allowing manufacturers produce parts /components directly without any requirement allocating time consuming tasks manually thereby reducing overall efforts involved during fabrication process resulting greater productivity levels Also , using nanotechnology based coating techniques onto surface layer provided extra durability enabling.

Key Highlights of the Report:

  • India Electric Insulator Market Outlook
  • Market Size of India Electric Insulator Market, 2020
  • Forecast of India Electric Insulator Market, 2027
  • Historical Data and Forecast of India Electric Insulator Revenues & Volume for the Period 2018 - 2027
  • India Electric Insulator Market Trend Evolution
  • India Electric Insulator Market Drivers and Challenges
  • India Electric Insulator Price Trends
  • India Electric Insulator Porter's Five Forces
  • India Electric Insulator Industry Life Cycle
  • Historical Data and Forecast of India Electric Insulator Market Revenues & Volume By Material for the Period 2018 - 2027
  • Historical Data and Forecast of India Electric Insulator Market Revenues & Volume By Ceramic/Porcelain for the Period 2018 - 2027
  • Historical Data and Forecast of India Electric Insulator Market Revenues & Volume By Glass for the Period 2018 - 2027
  • Historical Data and Forecast of India Electric Insulator Market Revenues & Volume By Composite for the Period 2018 - 2027
  • Historical Data and Forecast of India Electric Insulator Market Revenues & Volume By Voltage for the Period 2018 - 2027
  • Historical Data and Forecast of India Electric Insulator Market Revenues & Volume By High for the Period 2018 - 2027
  • Historical Data and Forecast of India Electric Insulator Market Revenues & Volume By Medium for the Period 2018 - 2027
  • Historical Data and Forecast of India Electric Insulator Market Revenues & Volume By Low for the Period 2018 - 2027
  • Historical Data and Forecast of India Electric Insulator Market Revenues & Volume By Application for the Period 2018 - 2027
  • Historical Data and Forecast of India Electric Insulator Market Revenues & Volume By Cables and transmission lines for the Period 2018 - 2027
  • Historical Data and Forecast of India Electric Insulator Market Revenues & Volume By Switchgears for the Period 2018 - 2027
  • Historical Data and Forecast of India Electric Insulator Market Revenues & Volume By Transformers for the Period 2018 - 2027
  • Historical Data and Forecast of India Electric Insulator Market Revenues & Volume By Busbars for the Period 2018 - 2027
  • Historical Data and Forecast of India Electric Insulator Market Revenues & Volume By Others for the Period 2018 - 2027
  • Historical Data and Forecast of India Electric Insulator Market Revenues & Volume By Product Type for the Period 2018 - 2027
  • Historical Data and Forecast of India Electric Insulator Market Revenues & Volume By Pin for the Period 2018 - 2027
  • Historical Data and Forecast of India Electric Insulator Market Revenues & Volume By Suspension for the Period 2018 - 2027
  • Historical Data and Forecast of India Electric Insulator Market Revenues & Volume By Shackle for the Period 2018 - 2027
  • Historical Data and Forecast of India Electric Insulator Market Revenues & Volume By Others for the Period 2018 - 2027
  • Historical Data and Forecast of India Electric Insulator Market Revenues & Volume By End-Use for the Period 2018 - 2027
  • Historical Data and Forecast of India Electric Insulator Market Revenues & Volume By Residential for the Period 2018 - 2027
  • Historical Data and Forecast of India Electric Insulator Market Revenues & Volume By Commercial & Industrial for the Period 2018 - 2027
  • Historical Data and Forecast of India Electric Insulator Market Revenues & Volume By Utilities for the Period 2018 - 2027
  • Historical Data and Forecast of India Electric Insulator Market Revenues & Volume By Installation for the Period 2018 - 2027
  • Historical Data and Forecast of India Electric Insulator Market Revenues & Volume By Distribution for the Period 2018 - 2027
  • Historical Data and Forecast of India Electric Insulator Market Revenues & Volume By Transmission for the Period 2018 - 2027
  • Historical Data and Forecast of India Electric Insulator Market Revenues & Volume By Substation for the Period 2018 - 2027
  • Historical Data and Forecast of India Electric Insulator Market Revenues & Volume By Railways for the Period 2018 - 2027
  • Historical Data and Forecast of India Electric Insulator Market Revenues & Volume By Others for the Period 2018 - 2027
  • India Electric Insulator Import Export Trade Statistics
  • Market Opportunity Assessment By Material
  • Market Opportunity Assessment By Voltage
  • Market Opportunity Assessment By Application
  • Market Opportunity Assessment By Product Type
  • Market Opportunity Assessment By End-Use
  • Market Opportunity Assessment By Installation
  • India Electric Insulator Top Companies Market Share
  • India Electric Insulator Competitive Benchmarking By Technical and Operational Parameters
  • India Electric Insulator Company Profiles
  • India Electric Insulator Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
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1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 India Electric Insulator Market Overview

3.1 India Country Macro Economic Indicators

3.2 India Electric Insulator Market Revenues & Volume, 2020 & 2027F

3.3 India Electric Insulator Market - Industry Life Cycle

3.4 India Electric Insulator Market - Porter's Five Forces

3.5 India Electric Insulator Market Revenues & Volume Share, By Material, 2020 & 2027F

3.6 India Electric Insulator Market Revenues & Volume Share, By Voltage, 2020 & 2027F

3.7 India Electric Insulator Market Revenues & Volume Share, By Application, 2020 & 2027F

3.8 India Electric Insulator Market Revenues & Volume Share, By Product Type, 2020 & 2027F

3.9 India Electric Insulator Market Revenues & Volume Share, By End-Use, 2020 & 2027F

3.10 India Electric Insulator Market Revenues & Volume Share, By Installation, 2020 & 2027F

4 India Electric Insulator Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 India Electric Insulator Market Trends

6 India Electric Insulator Market, By Types

6.1 India Electric Insulator Market, By Material

6.1.1 Overview and Analysis

6.1.2 India Electric Insulator Market Revenues & Volume, By Material, 2018 - 2027F

6.1.3 India Electric Insulator Market Revenues & Volume, By Ceramic/Porcelain, 2018 - 2027F

6.1.4 India Electric Insulator Market Revenues & Volume, By Glass, 2018 - 2027F

6.1.5 India Electric Insulator Market Revenues & Volume, By Composite, 2018 - 2027F

6.2 India Electric Insulator Market, By Voltage

6.2.1 Overview and Analysis

6.2.2 India Electric Insulator Market Revenues & Volume, By High, 2018 - 2027F

6.2.3 India Electric Insulator Market Revenues & Volume, By Medium, 2018 - 2027F

6.2.4 India Electric Insulator Market Revenues & Volume, By Low, 2018 - 2027F

6.3 India Electric Insulator Market, By Application

6.3.1 Overview and Analysis

6.3.2 India Electric Insulator Market Revenues & Volume, By Cables and transmission lines, 2018 - 2027F

6.3.3 India Electric Insulator Market Revenues & Volume, By Switchgears, 2018 - 2027F

6.3.4 India Electric Insulator Market Revenues & Volume, By Transformers, 2018 - 2027F

6.3.5 India Electric Insulator Market Revenues & Volume, By Busbars, 2018 - 2027F

6.3.6 India Electric Insulator Market Revenues & Volume, By Others, 2018 - 2027F

6.4 India Electric Insulator Market, By Product Type

6.4.1 Overview and Analysis

6.4.2 India Electric Insulator Market Revenues & Volume, By Pin, 2018 - 2027F

6.4.3 India Electric Insulator Market Revenues & Volume, By Suspension, 2018 - 2027F

6.4.4 India Electric Insulator Market Revenues & Volume, By Shackle, 2018 - 2027F

6.4.5 India Electric Insulator Market Revenues & Volume, By Others, 2018 - 2027F

6.5 India Electric Insulator Market, By End-Use

6.5.1 Overview and Analysis

6.5.2 India Electric Insulator Market Revenues & Volume, By Residential, 2018 - 2027F

6.5.3 India Electric Insulator Market Revenues & Volume, By Commercial & Industrial, 2018 - 2027F

6.5.4 India Electric Insulator Market Revenues & Volume, By Utilities, 2018 - 2027F

6.6 India Electric Insulator Market, By Installation

6.6.1 Overview and Analysis

6.6.2 India Electric Insulator Market Revenues & Volume, By Distribution, 2018 - 2027F

6.6.3 India Electric Insulator Market Revenues & Volume, By Transmission, 2018 - 2027F

6.6.4 India Electric Insulator Market Revenues & Volume, By Substation, 2018 - 2027F

6.6.5 India Electric Insulator Market Revenues & Volume, By Railways, 2018 - 2027F

6.6.6 India Electric Insulator Market Revenues & Volume, By Others, 2018 - 2027F

7 India Electric Insulator Market Import-Export Trade Statistics

7.1 India Electric Insulator Market Export to Major Countries

7.2 India Electric Insulator Market Imports from Major Countries

8 India Electric Insulator Market Key Performance Indicators

9 India Electric Insulator Market - Opportunity Assessment

9.1 India Electric Insulator Market Opportunity Assessment, By Material, 2020 & 2027F

9.2 India Electric Insulator Market Opportunity Assessment, By Voltage, 2020 & 2027F

9.3 India Electric Insulator Market Opportunity Assessment, By Application, 2020 & 2027F

9.4 India Electric Insulator Market Opportunity Assessment, By Product Type, 2020 & 2027F

9.5 India Electric Insulator Market Opportunity Assessment, By End-Use, 2020 & 2027F

9.6 India Electric Insulator Market Opportunity Assessment, By Installation, 2020 & 2027F

10 India Electric Insulator Market - Competitive Landscape

10.1 India Electric Insulator Market Revenue Share, By Companies, 2020

10.2 India Electric Insulator Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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