Porcelain Insulators: Introduction
- Porcelain insulators are made from a refined, white clay (kaolin) and are fired at temperatures as high as 2,600° Fahrenheit.
- Porcelain material is denser and less absorbent than ceramic material; therefore, it can easily withstand moisture and harsher weather conditions.
- Growing investments in the refurbishment and replacement of aging electrical infrastructure across developed economies coupled with a rise in adoption of smart grid technologies boost the global porcelain insulators market.
- The two types of porcelain insulators are breakdown type and non-breakdown type. They are used in various applications such as low voltage line, high voltage line, and power plants, substations.
Rise in Demand for Low Voltage Line
- The low voltage line segment is expected to expand at a rapid pace during the forecast period. Rise in construction of residential and small-scale commercial establishments along with ongoing rural electrification is projected to boost the demand for the global low voltage line porcelain insulators during the forecast period.
- Moreover, expansion of electrical infrastructure in developing countries across the world along with increasing commercialization and urbanization propels the market
- Certain physical properties of porcelain, such as high mechanical strength, minimal leakage current, corrosion resistance, and negligible effect of temperature change, are key factors that are estimated to boost the demand for porcelain insulators during the forecast period
- Increasing R&D expenditure on modernization of grid networks in response to increased electricity demand further propels the porcelain insulator market
- Rise in grey market products of low quality and volatility in raw material prices are major restraints of the global porcelain insulators market
Asia Pacific to Lead Global Porcelain Insulators Market
- In terms of region, the global porcelain insulators market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America
- Asia Pacific is anticipated to dominate the global porcelain insulators market during the forecast period, as a large number of manufacturers of porcelain insulators operate in the region
- Increase in demand for electricity, ongoing rural electrification programs, and expansion of the industrial sector have boosted the demand for power in countries in Asia such as China, Japan, South Korea, and India. Moreover, an increase in government efforts toward a clean energy economy increases investments in the power transmission infrastructure, which in turn propels the porcelain insulators market.
- Regulatory efforts toward renewable power integration and clean energy economy are estimated to propel the demand for porcelain insulators in the region
- North America holds the second-largest share of the global porcelain insulators market due to the replacement and refurbishment of existing infrastructure, which is a major requirement in the local power T&D scenario.
- The porcelain insulators market in Europe is expected to expand at a substantial rate during the forecast period due to smart grid technologies gaining momentum, particularly among European Union (EU) countries. On the other hand, the market in Middle East & Africa, and South America is estimated to expand at a moderate pace during the forecast period.
Key Players Operating in Global Porcelain Insulators Market
The global porcelain insulators market was highly fragmented in 2020. Major players operating in the global market are focusing on technological advancements and expansion to cater to the rising demand for porcelain insulators. Moreover, manufacturers are undertaking mergers and acquisitions for the development of innovative products.
Key players operating in the global porcelain insulators market are listed below:
- Siemens AG
- ABB
- Shenma Power
- Meister International
- China XD Group
- Dalian Insulator
- Victor Insulators
- ZPE ZAPEL S.A.
- Aditya Birla Insulator
- Yixing Yigang Precision Ceramics Co., Ltd.
- Akron Porcelain & Plastics Co.
- Metsch Refractories Inc.
- Nanjing Electric Technology Group Co., Ltd.
- Cji Porcelain Private Limited
- National Switchgears
Global Porcelain Insulators Market: Research Scope
Global Porcelain Insulators Market, by Product Type
- Breakdown Type
- Non Breakdown Type
Global Porcelain Insulators Market, by Insulator Shape
- Pin Insulators
- Round Insulators
- Disc Insulators
- Others
Global Porcelain Insulators Market, by Application
- Low Voltage Line
- High Voltage Line
- Power Plants
- Substations
- Others
Global Porcelain Insulators Market, by Region
- North America
- U.S.
- Canada
- Rest of North America
- Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- ASEAN
- Rest of Asia Pacific
- South America
- Brazil
- Mexico
- Rest of South America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Europe
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.
