The electric insulator market size was valued at $12.6 billion in 2021, and electric insulator industry is estimated to reach $20.8 billion by 2031, growing at a CAGR of 5.2% from 2022 to 2031. The major companies profiled in this report include ABB Ltd., Siemens Energy, GE Grid Solutions, Hubbell Power Systems, NGK Insulators, Ltd., …
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Rising demand for energy has led to increased need for stable and reliable energy network and increased investments due to launch of smart grid projects drive the growth of the global electric insulator market. Advanced technology with smart devices in circuits enables remote monitoring of normal operations. Increased smart city or smart grid projects have been …
Continue reading “Electric Insulator Market Is Set To Experience Revolutionary Growth Till 2029”