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Hollow Core Composite Insulators Market likely to reach US$ 443.9 million in 2025, as estimated by Stratview Research

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The hollow core composite insulators market is estimated to grow at an excellent rate over the next five years to reach an estimated value of US$ 443.9 million in 2025. The market is driven by 

  • Increasing primary energy consumption,
  • growing interest towards high-performance and safer power equipment, and
  • the gradual shift from porcelain to composite insulators 

A noteworthy trend that is creating a disrupting environment in the market is a sheer interest towards EHV and UHV apparatus, which, in turn, has created a positive impact in the demand for hollow core composite insulators as they are preferably used in such apparatus.

Stratview Research