“This report estimates the industrial insulator market in terms of value in $million. This has been broken down into component regions and further split into countries.
The power T&D industry has witnessed high number of the T&D expansion activities each year which is undertaken to meet the growing global energy demand. Industrial insulators form an integral part of the T&D infrastructure and can are used in the transmission lines, distribution lines, and substations. It provides electrical insulation as well as mechanical support for the electrical components. Furthermore, the increase in the T&D investments and the installed T&D line length over various regions, such as Asia-Pacific and North America, has also boosted the demand for the industrial insulator.
Industrial insulators are used to maintain an air gap for effective insulation between two or more conductors which includes separating the electrical line form the ground. Insulators are also used to resist mechanical stress which may be either compressional or tensional in nature; insulators also resist electrical stresses which involve protection against voltage overloads; and insulators are instrumental in resisting environmental stresses as well such as against heat, cold, and contamination among others.
The size of the overall market is determined by forecasting techniques based region-wise T&D capital expenditure along with the T&D installed line lengths in different geographical regions which are validated through primary sources. The market is growing at a CAGR of approximately 6.4 % from 2014 to 2019.
This report also includes the profiles for leading industrial insulator providers, and T&D utilities, such as:
ABB Ltd. (Switzerland), Alstom (France), Hubbell Incorporated (U.S.), Lapp Insulator Group (U.S.), Siemens AG (Germany), Toshiba Corporation (Japan), Aditya Birla Nuvo Ltd. (India), Seves Group (Italy), MacLean-Fogg (U.S.), and Bharat Heavy Electricals Limited (India).
Scope of the report: This study estimates the global market of industrial insulator, in terms of service, till 2019. It also offers a detailed qualitative and quantitative analysis of this market. This report provides a comprehensive review of major market drivers, restraints, opportunities, challenges, winning imperatives, and key issues of the market. The report also covers various important aspects of the market. These include analysis of value chain, Porter’s Five Forces model, competitive landscape, market dynamics, market estimates in terms of value, and future trends in the industrial insulator market.
Various secondary sources have been used such as encyclopedias, directories, and databases to identify and collect information that was useful for this extensive commercial study of the global industrial insulator market. The primary sources – experts, manufacturers, and utility providers from the industry have all been interviewed to obtain and verify critical information as well as assess future prospects of the global industrial insulator market.
On the basis of type: Ceramic, Glass, and Composite Insulators.
On the basis of applications: Cables & Transmission Lines, Transformers, Switchgears, Bus Bar, Surge Protection Devices, and Others.
On the basis of regions: North America, Europe, South America, Asia-Pacific, and the Middle-East and Africa.
On the basis of voltage: Low Voltage, Medium Voltage, and High Voltage.
On the basis of end-users: Utilities, Industries, and Others.
On the basis of category: Bushings, and Other Insulators.
”
“TABLE OF CONTENTS
1 INTRODUCTION 17
1.1 OBJECTIVES OF THE STUDY 17
1.2 MARKET DEFINITION 17
1.3 STUDY SCOPE 18
1.3.1 MARKETS COVERED 18
1.3.2 YEARS 18
1.4 CURRENCY & PRICING 19
1.5 LIMITATIONS 19
1.6 STAKEHOLDERS 19
2 RESEARCH METHODOLOGY 20
2.1 RESEARCH DATA 20
2.1.1 SECONDARY DATA 21
2.1.1.1 Key data from secondary sources 21
2.1.2 PRIMARY DATA 22
2.1.2.1 Key data from primary sources 22
2.1.2.2 Key industry insights 23
2.1.2.3 Breakdown of primaries 23
2.2 VARIABLES CONSIDERED FOR FACTOR ANALYSIS 24
2.2.1 INTRODUCTION 24
2.2.2 DEMAND-SIDE ANALYSIS 24
2.2.2.1 Increasing energy consumption 25
2.2.2.2 Upcoming smart grid projects 25
2.2.2.3 Increasing renewable sources of energy 25
2.2.3 SUPPLY-SIDE ANALYSIS 26
2.2.3.1 Investment in up-gradation of ageing technology 26
2.2.3.2 Volatility in the price of raw materials 26
2.3 MARKET SIZE ESTIMATION 26
2.3.1 BOTTOM-UP APPROACH 27
2.3.2 TOP-DOWN APPROACH 27
2.4 MARKET BREAKDOWN AND DATA TRIANGULATION 29
2.5 RESEARCH ASSUMPTIONS AND LIMITATIONS 30
2.5.1 ASSUMPTIONS 30
2.5.2 LIMITATIONS 31
3 EXECUTIVE SUMMARY 32
4 PREMIUM INSIGHTS 36
4.1 ATTRACTIVE MARKET OPPORTUNITIES IN THE ELECTRIC INSULATORS MARKET 36
4.2 ELECTRIC INSULATORS MARKET – TOP THREE REGIONS 37
4.3 ELECTRIC INSULATORS MARKET IN ASIA-PACIFIC 38
4.4 NORTH AMERICA: THE SECOND LARGEST ELECTRIC INSULATORS MARKET IN 2013 39
4.5 ELECTRIC INSULATORS MARKET: CATEGORY 40
5 MARKET OVERVIEW 42
5.1 INTRODUCTION 43
5.2 MARKET SEGMENTATION 43
5.2.1 INTRODUCTION 43
5.2.2 ON THE BASIS OF TYPE 44
5.2.2.1 Ceramic /Porcelain insulators 44
5.2.2.2 Glass insulators 44
5.2.2.3 Composite insulators 44
5.2.3 ON THE BASIS OF VOLTAGE 44
5.2.3.1 High voltage insulators 44
5.2.3.2 Medium voltage insulators 44
5.2.3.3 Low voltage insulators 44
5.2.4 ON THE BASIS OF APPLICATION 45
5.2.4.1 Transformers 45
5.2.4.2 Cables & Transmission lines 45
5.2.4.3 Switchgears 45
5.2.4.4 Bus bar 45
5.2.4.5 Surge Protection devices 45
5.2.4.6 Others 45
5.2.5 ON THE BASIS OF END-USER 45
5.2.5.1 Utilities 45
5.2.5.2 Commercial & Industrial 45
5.2.5.3 Others 45
5.2.6 ON THE BASIS OF CATEGORY 45
5.2.6.1 Bushings 45
5.2.6.2 Other insulators 46
5.3 MARKET DYNAMICS 46
5.3.1 DRIVERS 47
5.3.1.1 Augmentation & modernization of transmission & distribution network 47
5.3.1.2 Increasing demand of electricity globally 47
5.3.1.3 Upgrading of ageing technology in developed nations 48
5.3.1.4 Growth of renewable energy 48
5.3.2 RESTRAINT 49
5.3.2.1 Increasing grey market products of low quality 49
5.3.3 OPPORTUNITIES 50
5.3.3.1 HVDC transmission proposed methods for long-distance transmission 50
5.3.3.2 Continuous increase in power generation capacity 50
5.3.3.3 Adopting smart grid technology 50
5.3.4 CHALLENGE 50
5.3.4.1 Volatility in raw material prices 50
5.4 IMPACT OF MARKET DYNAMICS 51
6 INDUSTRY TRENDS 52
6.1 INTRODUCTION 52
6.2 VALUE CHAIN ANALYSIS 52
6.3 PORTER’S FIVE FORCES ANALYSIS 52
6.3.1 THREAT OF NEW ENTRANTS 53
6.3.2 THREAT OF SUBSTITUTES 53
6.3.3 BARGAINING POWER OF SUPPLIERS 54
6.3.4 BARGAINING POWER OF BUYERS 54
6.3.5 INTENSITY OF COMPETITIVE RIVALRY 54
7 ELECTRIC INSULATORS MARKET, BY APPLICATION 55
7.1 INTRODUCTION 56
7.2 ELECTRIC INSULATORS APPLICATION MARKET ANALYSIS, BY APPLICATION 58
7.2.1 CABLES & TRANSMISSION LINES 58
7.2.2 TRANSFORMER 59
7.2.3 SWITCHGEAR 60
7.2.4 BUS BARS 60
7.2.5 SURGE PROTECTION DEVICES 61
7.2.6 OTHERS 61
7.3 ELECTRIC INSULATORS REGIONAL MARKET ANALYSIS, BY REGION 62
7.3.1 ASIA-PACIFIC 62
7.3.2 NORTH AMERICA 62
7.3.3 EUROPE 63
7.3.4 SOUTH AMERICA 64
7.3.5 AFRICA 64
7.3.6 MIDDLE EAST 65
8 ELECTRIC INSULATORS MARKET, BY TYPE 66
8.1 INTRODUCTION 67
8.2 ELECTRIC INSULATORS MARKET SIZE ANALYSIS, BY REGION 69
8.2.1 ASIA-PACIFIC 69
8.2.2 NORTH AMERICA 70
8.2.3 EUROPE 70
8.2.4 SOUTH AMERICA 71
8.2.5 AFRICA 71
8.2.6 MIDDLE EAST 72
9 ELECTRIC INSULATORS MARKET, BY VOLTAGE 73
9.1 INTRODUCTION 74
9.2 ELECTRIC INSULATORS MARKET SIZE ANALYSIS, BY REGION 76
9.2.1 ASIA-PACIFIC 76
9.2.2 NORTH AMERICA 77
9.2.3 EUROPE 77
9.2.4 SOUTH AMERICA 78
9.2.5 AFRICA 78
9.2.6 MIDDLE EAST 79
10 ELECTRIC INSULATORS MARKET, BY END-USER 80
10.1 INTRODUCTION 81
10.2 ELECTRIC INSULATORS END-USER MARKET ANALYSIS, BY REGION 83
10.2.1 ASIA-PACIFIC 83
10.2.1.1 China 83
10.2.1.2 India 84
10.2.1.3 Japan 84
10.2.1.4 Australia 85
10.2.1.5 Rest of Asia-Pacific 85
10.2.2 NORTH AMERICA 86
10.2.2.1 U.S. 86
10.2.2.2 Canada 86
10.2.2.3 Mexico 87
10.2.3 EUROPE 88
10.2.3.1 U.K. 88
10.2.3.2 Germany 88
10.2.3.3 France 89
10.2.3.4 Rest of Europe 89
10.2.4 SOUTH AMERICA 90
10.2.4.1 Brazil 90
10.2.4.2 Argentina 90
10.2.4.3 Rest of South America 91
10.2.5 AFRICA 91
10.2.5.1 South Africa 91
10.2.5.2 Rest of Africa 92
10.2.6 MIDDLE EAST 93
10.2.6.1 UAE 93
10.2.6.2 Saudi Arabia 93
10.2.6.3 Kuwait 94
10.2.6.4 Rest of Middle East 95
11 ELECTRIC INSULATORS MARKET, BY CATEGORY 96
11.1 INTRODUCTION 97
11.2 ELECTRIC INSULATORS MARKET SIZE ANALYSIS, BY REGION 99
11.2.1 ASIA-PACIFIC 99
11.2.2 NORTH AMERICA 99
11.2.3 EUROPE 100
11.2.4 SOUTH AMERICA 100
11.2.5 AFRICA 101
11.2.6 MIDDLE EAST 101
12 ELECTRIC INSULATORS MARKET, BY REGION 102
12.1 INTRODUCTION 103
12.2 ASIA-PACIFIC 104
12.3 NORTH AMERICA 105
12.4 EUROPE 106
12.5 SOUTH AMERICA 107
12.6 AFRICA 108
12.7 MIDDLE EAST 109
13 COMPETITIVE LANDSCAPE 110
13.1 OVERVIEW 111
13.2 GROWTH STRATEGIES IN THE ELECTRIC INSULATORS MARKET 112
13.2.1 CONTRACTS & AGREEMENTS LEAD THE WAY 112
13.3 COMPETITIVE SITUATION & TRENDS 113
13.3.1 ANALYSIS OF MARKET DEVELOPMENTS 113
13.4 RECENT DEVELOPMENTS 114
13.4.1 CONTRACTS & AGREEMENTS 114
13.4.2 EXPANSIONS 116
13.4.3 MERGERS & ACQUISITIONS 117
13.4.4 NEW PRODUCT LAUNCH 117
13.4.5 OTHER DEVELOPMENTS 118
14 COMPANY PROFILES 119
14.1 INTRODUCTION 119
14.2 ABB LTD. 120
14.3 ADITYA BIRLA NUVO LTD. 123
14.4 ALSTOM 126
14.5 SIEMENS AG 129
14.6 TOSHIBA 132
14.7 BHARAT HEAVY ELECTRICALS LIMITED (BHEL) 135
14.8 HUBBELL INCORPORATED 137
14.9 LAPP INSULATORS 140
14.10 MACLEAN-FOGG 142
14.11 SEVES GROUP 144
15 APPENDIX 146
15.1 INSIGHTS OF INDUSTRY EXPERTS 146
15.2 DISCUSSION GUIDE 147
15.3 INTRODUCING RT: REAL TIME MARKET INTELLIGENCE 151
15.4 AVAILABLE CUSTOMIZATIONS 151
15.5 RELATED REPORTS 152
“
“LIST OF TABLES
TABLE 1 IMPACT ANALYSIS OF MARKET DYNAMICS 51
TABLE 2 ELECTRIC INSULATORS MARKET SIZE, BY APPLICATION, 2012-2019 ($MILLION) 57
TABLE 3 CABLES & TRANSMISSION LINES APPLICATION MARKET SIZE, BY REGION,
2012-2019 ($MILLION) 58
TABLE 4 TRANSFORMER APPLICATION MARKET SIZE, BY REGION, 2012-2019 ($MILLION) 59
TABLE 5 SWITCHGEAR APPLICATION MARKET SIZE, BY REGION, 2012-2019 ($MILLION) 60
TABLE 6 BUS BARS APPLICATION MARKET SIZE, BY REGION, 2012-2019 ($MILLION) 60
TABLE 7 SURGE PROTECTION DEVICES APPLICATION MARKET SIZE, BY REGION,
2012-2019 ($MILLION) 61
TABLE 8 OTHERS APPLICATION MARKET SIZE, BY REGION, 2012-2019 ($MILLION) 61
TABLE 9 ASIA-PACIFIC: ELECTRIC INSULATORS MARKET SIZE, BY APPLICATION,
2012-2019 ($MILLION) 62
TABLE 10 NORTH AMERICA: ELECTRIC INSULATORS MARKET SIZE, BY APPLICATION,
2012-2019 ($MILLION) 63
TABLE 11 EUROPE: ELECTRIC INSULATORS MARKET SIZE, BY APPLICATION,
2012-2019 ($MILLION) 63
TABLE 12 SOUTH AMERICA: ELECTRIC INSULATORS MARKET SIZE, BY APPLICATION,
2012-2019 ($MILLION) 64
TABLE 13 AFRICA: ELECTRIC INSULATORS MARKET SIZE, BY APPLICATION,
2012-2019 ($MILLION) 65
TABLE 14 MIDDLE EAST: ELECTRIC INSULATORS MARKET SIZE, BY APPLICATION,
2012-2019 ($MILLION) 65
TABLE 15 ELECTRIC INSULATORS MARKET SIZE, BY TYPE, 2012-2019 ($MILLION) 67
TABLE 16 CERAMIC TYPE: ELECTRIC INSULATORS MARKET SIZE, BY REGION,
2012-2019 ($MILLION) 68
TABLE 17 GLASS TYPE: ELECTRIC INSULATORS MARKET SIZE, BY REGION,
2012-2019 ($MILLION) 68
TABLE 18 COMPOSITE TYPE: ELECTRIC INSULATORS MARKET SIZE, BY REGION,
2012-2019 ($MILLION) 69
TABLE 19 ASIA-PACIFIC: ELECTRIC INSULATORS MARKET SIZE, BY TYPE,
2012-2019 ($MILLION) 69
TABLE 20 NORTH AMERICA: ELECTRIC INSULATORS MARKET SIZE, BY TYPE,
2012-2019 ($MILLION) 70
TABLE 21 EUROPE: ELECTRIC INSULATORS MARKET SIZE, BY TYPE, 2012-2019 ($MILLION) 70
TABLE 22 SOUTH AMERICA: ELECTRIC INSULATORS MARKET SIZE, BY TYPE,
2012-2019 ($MILLION) 71
TABLE 23 AFRICA: ELECTRIC INSULATORS MARKET SIZE, BY TYPE, 2012-2019 ($MILLION) 71
TABLE 24 MIDDLE EAST: ELECTRIC INSULATORS MARKET SIZE, BY TYPE,
2012-2019 ($MILLION) 72
TABLE 25 ELECTRIC INSULATORS MARKET SIZE, BY VOLTAGE, 2012-2019 ($MILLION) 74
TABLE 26 LOW VOLTAGE :ELECTRIC INSULATORS MARKET SIZE, BY REGION,
2012-2019 ($MILLION) 75
TABLE 27 MEDIUM VOLTAGE :ELECTRIC INSULATORS MARKET SIZE, BY REGION,
2012-2019 ($MILLION) 75
TABLE 28 HIGH VOLTAGE :ELECTRIC INSULATORS MARKET SIZE, BY REGION,
2012-2019 ($MILLION) 76
TABLE 29 ASIA-PACIFIC: ELECTRIC INSULATORS MARKET SIZE, BY VOLTAGE,
2012-2019 ($MILLION) 76
TABLE 30 NORTH AMERICA: ELECTRIC INSULATORS MARKET SIZE, BY VOLTAGE,
2012-2019 ($MILLION) 77
TABLE 31 EUROPE: ELECTRIC INSULATORS MARKET SIZE, BY VOLTAGE,
2012-2019 ($MILLION) 77
TABLE 32 SOUTH AMERICA: ELECTRIC INSULATORS MARKET SIZE, BY VOLTAGE,
2012-2019 ($MILLION) 78
TABLE 33 AFRICA: ELECTRIC INSULATORS MARKET SIZE, BY VOLTAGE,
2012-2019 ($MILLION) 78
TABLE 34 MIDDLE EAST: ELECTRIC INSULATORS MARKET SIZE, BY VOLTAGE,
2012-2019 ($MILLION) 79
TABLE 35 ELECTRIC INSULATORS MARKET SIZE, BY END-USER, 2012–2019 ($MILLION) 81
TABLE 36 UTILITIES: ELECTRIC INSULATORS MARKET SIZE, BY REGION,
2012–2019 ($MILLION) 82
TABLE 37 INDUSTRIES: ELECTRIC INSULATORS MARKET SIZE, BY REGION,
2012–2019 ($MILLION) 82
TABLE 38 OTHERS: ELECTRIC INSULATORS MARKET SIZE, BY REGION,
2012–2019 ($MILLION) 83
TABLE 39 CHINA: ELECTRIC INSULATORS MARKET SIZE, BY END-USER,
2012–2019 ($MILLION) 83
TABLE 40 INDIA: ELECTRIC INSULATORS MARKET SIZE, BY END-USER,
2012–2019 ($MILLION) 84
TABLE 41 JAPAN: ELECTRIC INSULATORS MARKET SIZE, BY END-USER,
2012–2019 ($MILLION) 84
TABLE 42 AUSTRALIA: ELECTRIC INSULATORS MARKET SIZE, BY END-USER,
2012–2019 ($MILLION) 85
TABLE 43 REST OF ASIA PACIFIC: ELECTRIC INSULATORS MARKET SIZE, BY END-USER, 2012–2019 ($MILLION) 86
TABLE 44 U.S: ELECTRIC INSULATORS MARKET SIZE, BY END-USER, 2012–2019 ($MILLION) 86
TABLE 45 CANADA: ELECTRIC INSULATORS MARKET SIZE, BY END-USER,
2012–2019 ($MILLION) 87
TABLE 46 MEXICO: ELECTRIC INSULATORS MARKET SIZE, BY END-USER,
2012–2019 ($MILLION) 87
TABLE 47 U.K.: ELECTRIC INSULATORS MARKET SIZE, BY END-USER,
2012–2019 ($MILLION) 88
TABLE 48 GERMANY: ELECTRIC INSULATORS MARKET SIZE, BY END-USER,
2012–2019 ($MILLION) 88
TABLE 49 FRANCE: ELECTRIC INSULATORS MARKET SIZE, BY END-USER,
2012–2019 ($MILLION) 89
TABLE 50 REST OF EUROPE: ELECTRIC INSULATORS MARKET SIZE, BY END-USER,
2012–2019 ($MILLION) 89
TABLE 51 BRAZIL: ELECTRIC INSULATORS MARKET SIZE, BY END-USER,
2012–2019 ($MILLION) 90
TABLE 52 ARGENTINA: ELECTRIC INSULATORS MARKET SIZE, BY END-USER,
2012–2019 ($MILLION) 90
TABLE 53 REST OF SOUTH AMERICA: ELECTRIC INSULATORS MARKET SIZE, BY END-USER, 2012–2019 ($MILLION) 91
TABLE 54 SOUTH AFRICA: ELECTRIC INSULATORS MARKET SIZE, BY END-USER,
2012–2019 ($MILLION) 92
TABLE 55 REST OF AFRICA: ELECTRIC INSULATORS MARKET SIZE, BY END-USER,
2012–2019 ($MILLION) 92
TABLE 56 UAE: ELECTRIC INSULATORS MARKET SIZE, BY END-USER, 2012–2019 ($MILLION) 93
TABLE 57 SAUDI ARABIA: ELECTRIC INSULATORS MARKET SIZE, BY END-USER,
2012–2019 ($MILLION) 94
TABLE 58 KUWAIT: ELECTRIC INSULATORS MARKET SIZE, BY END-USER,
2012–2019 ($MILLION) 94
TABLE 59 REST OF MIDDLE EAST: ELECTRIC INSULATORS MARKET SIZE, BY END-USER, 2012–2019 ($MILLION) 95
TABLE 60 ELECTRIC INSULATORS MARKET SIZE, BY CATEGORY, 2012-2019 ($MILLION) 97
TABLE 61 BUSHINGS :ELECTRIC INSULATORS MARKET SIZE, BY REGION,
2012-2019 ($MILLION) 98
TABLE 62 OTHER INSULATORS :ELECTRIC INSULATORS MARKET SIZE, BY REGION,
2012-2019 ($MILLION) 98
TABLE 63 ASIA-PACIFIC: ELECTRIC INSULATORS MARKET SIZE, BY CATEGORY,
2012-2019 ($MILLION) 99
TABLE 64 NORTH AMERICA: ELECTRIC INSULATORS MARKET SIZE, BY CATEGORY,
2012-2019 ($MILLION) 99
TABLE 65 EUROPE: ELECTRIC INSULATORS MARKET SIZE, BY CATEGORY,
2012-2019 ($MILLION) 100
TABLE 66 SOUTH AMERICA: ELECTRIC INSULATORS MARKET SIZE, BY CATEGORY,
2012-2019 ($MILLION) 100
TABLE 67 AFRICA: ELECTRIC INSULATORS MARKET SIZE, BY CATEGORY,
2012-2019 ($MILLION) 101
TABLE 68 MIDDLE EAST: ELECTRIC INSULATORS MARKET SIZE, BY CATEGORY,
2012-2019 ($MILLION) 101
TABLE 69 ELECTRIC INSULATORS MARKET SIZE, BY REGION, 2012–2019 ($MILLION) 103
TABLE 70 ASIA-PACIFIC: ELECTRIC INSULATORS MARKET SIZE, BY COUNTRY,
2012–2019 ($MILLION) 104
TABLE 71 ASIA-PACIFIC: ELECTRIC INSULATORS MARKET SIZE, BY END-USER,
2012–2019 ($MILLION) 104
TABLE 72 NORTH AMERICA: ELECTRIC INSULATORS MARKET SIZE, BY COUNTRY,
2012–2019 ($MILLION) 105
TABLE 73 NORTH AMERICA: ELECTRIC INSULATORS MARKET SIZE, BY END-USER,
2012–2019 ($MILLION) 105
TABLE 74 EUROPE: ELECTRIC INSULATORS MARKET SIZE, BY COUNTRY,
2012–2019 ($MILLION) 106
TABLE 75 EUROPE: ELECTRIC INSULATORS MARKET SIZE, BY END-USER,
2012–2019 ($MILLION) 106
TABLE 76 SOUTH AMERICA: ELECTRIC INSULATORS MARKET SIZE, BY COUNTRY,
2012–2019 ($MILLION) 107
TABLE 77 SOUTH AMERICA: ELECTRIC INSULATORS MARKET SIZE, BY END-USER,
2012–2019 ($MILLION) 107
TABLE 78 AFRICA: ELECTRIC INSULATORS MARKET SIZE, BY COUNTRY,
2012–2019 ($MILLION) 108
TABLE 79 AFRICA: ELECTRIC INSULATORS MARKET SIZE, BY END-USER,
2012–2019 ($MILLION) 108
TABLE 80 MIDDLE EAST: ELECTRIC INSULATORS MARKET SIZE, BY COUNTRY,
2012–2019 ($MILLION) 109
TABLE 81 MIDDLE EAST: ELECTRIC INSULATORS MARKET SIZE, BY END-USER,
2012–2019 ($MILLION) 109
TABLE 82 CONTRACTS & AGREEMENTS 114
TABLE 83 EXPANSIONS 116
TABLE 84 MERGERS & ACQUISITIONS 117
TABLE 85 NEW PRODUCT LAUNCH 117
TABLE 86 OTHER DEVELOPMENTS 118
“
“LIST OF FIGURES
FIGURE 1 RESEARCH DESIGN 20
FIGURE 2 INCREASE IN GLOBAL ENERGY CONSUMPTION (2010 TO 2040) 25
FIGURE 3 BOTTOM-UP APPROACH 27
FIGURE 4 TOP-DOWN APPROACH 28
FIGURE 5 ASSUMPTIONS OF THE RESEARCH STUDY 30
FIGURE 6 LIMITATIONS OF THE RESEARCH STUDY 31
FIGURE 7 TECHNOLOGY HAS GAINED MOMENTUM OVER THE YEARS, INCREASING VERSATILITY & EFFICIENCY 32
FIGURE 8 ELECTRIC INSULATORS OCCUPIED THE LARGEST MARKET SHARE (VALUE) IN ASIA-PACIFIC IN 2013 33
FIGURE 9 CABLES & TRANSMISSION LINES OCCUPIED THE LARGEST MARKET SHARE (VALUE) AMONGST THE APPLICATIONS SEGMENT IN 2013 34
FIGURE 10 ASIA-PACIFIC & NORTH AMERICA ARE EXPECTED TO DOMINATE THE ELECTRIC INSULATORS MARKET DURING THE FORECAST PERIOD 34
FIGURE 11 COMPOSITE ELECTRIC INSULATORS MARKET VALUE, 2014–2019 35
FIGURE 12 INCREASE IN ENERGY DEMAND FROM EMERGING ECONOMIES TO CREATE GROWTH IN ELECTRIC INSULATORS MARKET 36
FIGURE 13 ASIA-PACIFIC IS EXPECTED TO ACCOUNT FOR A MAJOR SHARE OF THE ELECTRIC INSULATORS MARKET DURING THE FORECAST PERIOD 37
FIGURE 14 CHINA HELD A MAJOR SHARE IN THE ASIA-PACIFIC ELECTRIC INUSLATORS MARKET, 2013 38
FIGURE 15 ASIA-PACIFIC COMMANDED NEARLY ONE THIRD OF THE ELECTRIC INSULATORS MARKET IN 2013 39
FIGURE 16 ASIA-PACIFIC IS ESTIMATED TO ACCOUNT FOR THE LARGEST MARKET SHARE (VALUE) FOR BUSHINGS BY 2019 40
FIGURE 17 OTHER END-USERS ARE EXPECTED TO ACCOUNT FOR THE LARGEST MARKET SHARE IN EUROPE REGION IN 2019 41
FIGURE 18 MARKET SEGMENTATION: BY APPLICATION, TYPE, VOLTAGE, CATEGORY, END-USERS, & REGION 43
FIGURE 19 INCREASE IN THE T&D EXPENDITURE SPURRED THE DEMAND FOR INSULATORS AS WELL 46
FIGURE 20 INCREASING INVESTMENTS ON POWER T&D PROJECTS BETWEEN 2010 AND 2020 47
FIGURE 21 INCREASE IN THE POWER GENERATION CAPACITY BETWEEN 2010 AND 2013 48
FIGURE 22 INCREASE IN THE INSTALLED WIND CAPACITY BETWEEN 2010 AND 2013 49
FIGURE 23 VALUE CHAIN: MAJOR VALUE ADDITION TAKES PLACE DURING THE MANUFACTURING STAGE 52
FIGURE 25 ELECTRIC INSULATORS: APPLICATIONS 56
FIGURE 26 CABLES & TRANSMISSION LINES APPLICATION IS EXPECTED TO CAPTURE LARGEST MARKET SHARE IN 2019 57
FIGURE 27 ASIA-PACIFIC IS PROJECTED TO LEAD TRANSFORMER APPLICATION
MARKET IN 2019 59
FIGURE 28 ELECTRIC INSULATORS: TYPES 67
FIGURE 29 ELECTRIC INSULATORS: VOLTAGE 74
FIGURE 30 ELECTRIC INSULATORS: END-USERS 81
FIGURE 31 ELECTRIC INSULATORS: CATEGORY 97
FIGURE 32 REGIONAL SNAPSHOT: RAPID GROWTH MARKETS ARE EMERGING AS NEW HOT SPOTS 103
FIGURE 33 COMPANIES ADOPTED CONTRACTS & AGREEMENTS AS THE KEY GROWTH STRATEGY IN THE PAST THREE YEARS, 2012-2015 111
FIGURE 34 ELECTRIC INSULATORS: SHARE OF KEY GROWTH STRATEGIES , BY DEVELOPMENT, 2012 – 2015 112
FIGURE 35 ELECTRIC INSULATORS MARKET SHARE ANALYSIS OF TOP COMPANIES, BY DEVELOPMENT, 2012-2015 113
FIGURE 36 BATTLE FOR MARKET SHARE: CONTRACTS & AGREEMENTS WAS THE KEY STRATEGY 114
FIGURE 37 GEOGRAPHICAL REVENUE MIX OF TOP 5 MARKET PLAYERS 119
FIGURE 38 ABB LTD.: COMPANY SNAPSHOT 120
FIGURE 39 ABB LTD.: SWOT ANALYSIS 122
FIGURE 40 ADITYA BIRLA NUVO LTD.: COMPANY SNAPSHOT 123
FIGURE 41 ADITYA BIRLA NUVO LTD.: SWOT ANALYSIS 125
FIGURE 42 ALSTOM: COMPANY SNAPSHOT 126
FIGURE 43 ALSTOM : SWOT ANALYSIS 127
FIGURE 44 SIEMENS AG: COMPANY SNAPSHOT 129
FIGURE 45 SIEMENS AG LTD.: SWOT ANALYSIS 130
FIGURE 46 TOSHIBA: COMPANY SNAPSHOT 132
FIGURE 47 TOSHIBA: SWOT ANALYSIS 134
FIGURE 48 BHARAT HEAVY ELECTRICALS LIMITED: COMPANY SNAPSHOT 135
FIGURE 49 HUBBELL INCORPORATED: COMPANY SNAPSHOT 137
“
