South America Electric Insulator Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product Type (Shackle Insulator, Pin Insulator, Suspension Insulator, and Other Product Types), Material Type (Ceramic, Glass, and Composite), Application (Transformer, Busbar, Cable, Switchgear, Surge Protection Device, and Other Applications), and End User (Utilities, Industries, and Other End Users)

Market Introduction

The SAM region includes various well-established economies such as Brazil and Argentina. The growth of the electric insulator market across the region can be attributed to several transmission and distribution projects in the region. According to the Global Transmission Report of 2021, in Argentina, there is an ongoing construction of the interconnection project of transmission systems associated with the Yacyretá hydroelectric power project. Similarly, there is another ongoing project of the Silvânia–Trindade C1 line and Associated Transmission Network Project in Brazil. Additionally, there is an interconnection project of a 500-km high voltage direct current (HVDC) line connecting the power grids of Colombia and Panama. Therefore, with the multiple ongoing transmission and distribution projects, the demand for electric insulators is increasing. The region also has several manufacturers of electric insulators such as GAMMA Insulator (Corona Group),0 PPC Santana, and Global Insulator Group. These manufacturers are offering different kinds of electric insulators including shackle insulators, pin insulators, and suspension insulators. This is also helping in the growth of the electric insulator market in the region. Due to the COVID-19 pandemic, the demand for electric insulators has decreased across the region. According to the Statista data 2020, around 23% of the decline in electricity demand has been observed in Argentina and around 26% in Peru, both in March. However, with the release of lockdown measures and the opening of factories and offices, the electricity demand will slowly increase in countries such as Brazil, Argentina, and Peru.

In case of COVID-19, SAM is highly affected specially Brazil followed by Peru, Chile, Colombia, and Ecuador, among others. The SAM countries have been witnessing growth in several industries over the past few years. Industries such as automotive, aerospace, and equipment manufacturing have experienced a fair growth rate; however, the COVID-19 outbreak has created a significant turmoil among the manufacturers across the industries in the region. The Government of SAM has taken an array of actions to protect its citizens and contain the COVID-19 spread. Further, due to the COVID-19 impact, the demand of electric insulator has decreases across the region. Such as, according to the Statista data 2020, around 23% of declined in the electricity has been observed in Argentina and around 26% declined Peru, both in March month. However, with the uplifting of lockdowns, and opening of factories and offices, the electricity demand increases slowly in countries such as Brazil, Argentina, and Peru, among others. It helps in the growth of electric insulator market in the region.

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Market Overview and Dynamics

The SAM electric insulator market is expected to grow from US$ 782.67 million in 2021 to US$ 1,151.02 million by 2028; it is estimated to grow at a CAGR of 5.7% from 2021 to 2028. Many developing countries across the region are focusing on industrialization growth. In region, the government across the countries are focusing on developing industries under the “Make in Country’ program. It is a major national program designed to facilitate investment, foster innovation, enhance skill development, protect intellectual property, and build best-in-class manufacturing infrastructure in the country. The focus of the program is on 25 sectors, including automobiles, automobile components, aviation, biotechnology, chemicals, construction, defense manufacturing electrical machinery, electronic systems, food processing, IT & BPM, leather, media and entertainment, mining, oil and gas, pharmaceuticals, ports and shipping, railways, renewable energy, roads and highways, space, textile and garments, thermal power, tourism and hospitality, and wellness. Similarly, the development and growth of the industrial and manufacturing industry are being catalyzed by an attractive ecosystem consisting of industrial cities, well-developed infrastructure, high-quality utility supplies, and a well-established logistics network. Therefore, with the growing industrialization in developing countries, the demand for electric insulators will increase across SAM region.

Key Market Segments

In terms of product type, the pin insulator segment accounted for the largest share of the SAM electric insulator market in 2020. In terms of material type, the ceramic segment held a larger market share of the SAM electric insulator market in 2020. In terms of application, the transformer segment held a larger market share of the SAM electric insulator market in 2020. Further, the utilities segment held a larger share of the SAM electric insulator market based on end user in 2020.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the SAM electric insulator market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Aditya Birla Insulators; General Electric Company; Hitachi ABB Power Grids Group; Hubbell Incorporated; MacLean-Fogg Company; NGK Insulators, Ltd.; PFISTERER Holding AG; SEVES Group; Siemens AG; and TE Connectivity Ltd.

Reasons to buy report

To understand the SAM electric insulator market landscape and identify market segments that are most likely to guarantee a strong return
Stay ahead of the race by comprehending the ever-changing competitive landscape for SAM electric insulator market
Efficiently plan M&A and partnership deals in SAM electric insulator market by identifying market segments with the most promising probable sales
Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form SAM electric insulator market
Obtain market revenue forecast for market by various segments from 2021-2028 in SAM region.

SAM Electric Insulator Market Segmentation

SAM Electric Insulator Market - By Product Type

Shackle Insulator
Pin Insulator
Suspension Insulator
Other Product Types

SAM Electric Insulator Market - By Material Type

Ceramic
Glass
Composite

SAM Electric Insulator Market - By Application

SAM Electric Insulator Market - By End User

Utilities
Industries
Other End Users

SAM Electric Insulator Market - By Country

Brazil
Argentina
Rest of SAM

SAM Electric Insulator Market - Company Profiles

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 SAM Electric Insulator Market – By Product Type

1.3.2 SAM Electric Insulator Market – By Material Type

1.3.3 SAM Electric Insulator Market – By Application

1.3.4 SAM Electric Insulator Market – By End User

1.3.5 SAM Electric Insulator Market- By Country

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. SAM Electric Insulator Market Landscape

4.1 Market Overview

4.2 SAM PEST Analysis

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. SAM Electric Insulator Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Increasing Electricity Demand

5.1.2 Industrial Growth in Developing Countries

5.2 Market Restraints

5.2.1 Fluctuation in Raw Material Prices

5.3 Market Opportunities

5.3.1 Railway Infrastructure Development

5.4 Future Trends

5.4.1 Trend of Smart Cities and Smart Grids

5.5 Impact Analysis of Drivers and Restraints

6. Electric Insulator Market – SAM Analysis

6.1 SAM Electric Insulator Market Overview

6.2 SAM Electric Insulator Market –Revenue and Forecast to 2028 (US$ million)

7. SAM Electric Insulator Market Analysis – By Product Type

7.1 Overview

7.2 SAM Electric Insulator Market Breakdown, By Product Type, 2020 and 2028

7.3 Shackle Insulator

7.3.1 Overview

7.3.2 Shackle Insulator: Electric Insulator Market Revenue and Forecast to 2028 (US$ million)

7.4 Pin Insulator

7.4.1 Overview

7.4.2 Pin Insulator: Electric Insulator Market Revenue and Forecast to 2028 (US$ million)

7.5 Suspension Insulator

7.5.1 Overview

7.5.2 Suspension Insulator: Electric Insulator Market Revenue and Forecast to 2028 (US$ million)

7.6 Other Product Types

7.6.1 Overview

7.6.2 Other Product Types: Electric Insulator Market Revenue and Forecast to 2028 (US$ million)

8. SAM Electric Insulator Market Analysis – By Material Type

8.1 Overview

8.2 SAM Electric Insulator Market Breakdown, By Material Type, 2020 and 2028

8.3 Ceramic

8.3.1 Overview

8.3.2 Ceramic: Electric Insulator Market Revenue and Forecast to 2028 (US$ million)

8.4 Glass

8.4.1 Overview

8.4.2 Glass: Electric Insulator Market Revenue and Forecast to 2028 (US$ million)

8.5 Composite

8.5.1 Overview

8.5.2 Composite: Electric Insulator Market Revenue and Forecast to 2028 (US$ million)

9. SAM Electric Insulator Market Analysis – By Application

9.1 Overview

9.2 SAM Electric Insulator Market Breakdown, By Application, 2020 and 2028

9.3 Transformer

9.3.1 Overview

9.3.2 Transformer: Electric Insulator Market Revenue and Forecast to 2028 (US$ million)

9.4 Busbar

9.4.1 Overview

9.4.2 Busbar: Electric Insulator Market Revenue and Forecast to 2028 (US$ million)

9.5 Cable

9.5.1 Overview

9.5.2 Cable: Electric Insulator Market Revenue and Forecast to 2028 (US$ million)

9.6 Switchgear

9.6.1 Overview

9.6.2 Switchgear: Electric Insulator Market Revenue and Forecast to 2028 (US$ million)

9.7 Surge Protection Device

9.7.1 Overview

9.7.2 Surge Protection Device: Electric Insulator Market Revenue and Forecast to 2028 (US$ million)

9.8 Other Applications

9.8.1 Overview

9.8.2 Other Applications: Electric Insulator Market Revenue and Forecast to 2028 (US$ million)

10. SAM Electric Insulator Market Analysis– By End User

10.1 Overview

10.2 SAM Electric Insulator Market Breakdown, By End User, 2020 and 2028

10.3 Utilities

10.3.1 Overview

10.3.2 Utilities: Electric Insulator Market Revenue and Forecast to 2028 (US$ million)

10.4 Industries

10.4.1 Overview

10.4.2 Industries: Electric Insulator Market Revenue and Forecast to 2028 (US$ million)

10.5 Other End Users

10.5.1 Overview

10.5.2 Other End Users: Electric Insulator Market Revenue and Forecast to 2028 (US$ million)

11. SAM Electric Insulator Market – Country Analysis

11.1 Overview

11.1.1 SAM Electric Insulator Market Breakdown, by Country

11.1.1.1 Brazil Electric Insulator Market, Revenue and Forecast to 2028

11.1.1.1.1 Brazil Electric Insulator Market Breakdown, By Product Type

11.1.1.1.2 Brazil Electric Insulator Market Breakdown, By Material Type

11.1.1.1.3 Brazil Electric Insulator Market Breakdown, By Application

11.1.1.1.4 Brazil Electric Insulator Market Breakdown, By End User

11.1.1.2 Argentina Electric Insulator Market, Revenue and Forecast to 2028

11.1.1.2.1 Argentina Electric Insulator Market Breakdown, By Product Type

11.1.1.2.2 Argentina Electric Insulator Market Breakdown, By Material Type

11.1.1.2.3 Argentina Electric Insulator Market Breakdown, By Application

11.1.1.2.4 Argentina Electric Insulator Market Breakdown, By End User

11.1.1.3 Rest of SAM Electric Insulator Market, Revenue and Forecast to 2028

11.1.1.3.1 Rest of SAM Electric Insulator Market Breakdown, By Product Type

11.1.1.3.2 Rest of SAM Electric Insulator Market Breakdown, By Material Type

11.1.1.3.3 Rest of SAM Electric Insulator Market Breakdown, By Application

11.1.1.3.4 Rest of SAM Electric Insulator Market Breakdown, By End User

12. SAM Electric Insulator Market- COVID-19 Impact Analysis

12.1 SAM

13. Industry Landscape

13.1 Overview

13.2 Market Initiative

13.3 Merger and Acquisition

13.4 New Development

14. Company Profiles

14.1 Hitachi ABB Power Grids Group

14.1.1 Key Facts

14.1.2 Business Description

14.1.3 Products and Services

14.1.4 Financial Overview

14.1.5 SWOT Analysis

14.1.6 Key Developments

14.2 Aditya Birla Insulators

14.2.1 Key Facts

14.2.2 Business Description

14.2.3 Products and Services

14.2.4 Financial Overview

14.2.5 SWOT Analysis

14.2.6 Key Developments

14.3 General Electric Company

14.3.1 Key Facts

14.3.2 Business Description

14.3.3 Products and Services

14.3.4 Financial Overview

14.3.5 SWOT Analysis

14.3.6 Key Developments

14.4 Hubbell Incorporated

14.4.1 Key Facts

14.4.2 Business Description

14.4.3 Products and Services

14.4.4 Financial Overview

14.4.5 SWOT Analysis

14.4.6 Key Developments

14.5 MacLean-Fogg Company

14.5.1 Key Facts

14.5.2 Business Description

14.5.3 Products and Services

14.5.4 Financial Overview

14.5.5 SWOT Analysis

14.5.6 Key Developments

14.6 NGK Insulators, Ltd.

14.6.1 Key Facts

14.6.2 Business Description

14.6.3 Products and Services

14.6.4 Financial Overview

14.6.5 SWOT Analysis

14.6.6 Key Developments

14.7 PFISTERER Holding AG

14.7.1 Key Facts

14.7.2 Business Description

14.7.3 Products and Services

14.7.4 Financial Overview

14.7.5 SWOT Analysis

14.7.6 Key Developments

14.8 SEVES Group

14.8.1 Key Facts

14.8.2 Business Description

14.8.3 Products and Services

14.8.4 Financial Overview

14.8.5 SWOT Analysis

14.8.6 Key Developments

14.9 Siemens AG

14.9.1 Key Facts

14.9.2 Business Description

14.9.3 Products and Services

14.9.4 Financial Overview

14.9.5 SWOT Analysis

14.9.6 Key Developments

14.10 TE Connectivity Ltd.

14.10.1 Key Facts

14.10.2 Business Description

14.10.3 Products and Services

14.10.4 Financial Overview

14.10.5 SWOT Analysis

14.10.6 Key Developments

15. Appendix

15.1 About The Insight Partners

15.2 Word Index

LIST OF TABLES

Table 1. SAM Electric Insulator Market – Revenue and Forecast to 2028 (US$ million)

Table 2. SAM Electric Insulator Market, Revenue and Forecast To 2028 – By Country (US$ million)

Table 3. Brazil Electric Insulator Market, Revenue and Forecast to 2028 – By Product Type (US$ million)

Table 4. Brazil Electric Insulator Market, Revenue and Forecast to 2028 – By Material Type (US$ million)

Table 5. Brazil Electric Insulator Market, Revenue and Forecast to 2028 – By Application (US$ million)

Table 6. Brazil Electric Insulator Market, Revenue and Forecast to 2028 – By End User (US$ million)

Table 7. Argentina Electric Insulator Market, Revenue and Forecast to 2028 – By Product Type (US$ million)

Table 8. Argentina Electric Insulator Market, Revenue and Forecast to 2028 – By Material Type (US$ million)

Table 9. Argentina Electric Insulator Market, Revenue and Forecast to 2028 – By Application (US$ million)

Table 10. Argentina Electric Insulator Market, Revenue and Forecast to 2028 – By End User (US$ million)

Table 11. Rest of SAM Electric Insulator Market, Revenue and Forecast to 2028 – By Product Type (US$ million)

Table 12. Rest of SAM Electric Insulator Market, Revenue and Forecast to 2028 – By Material Type (US$ million)

Table 13. Rest of SAM Electric Insulator Market, Revenue and Forecast to 2028 – By Application (US$ million)

Table 14. Rest of SAM Electric Insulator Market, Revenue and Forecast to 2028 – By End User (US$ million)

Table 15. List of Abbreviation

LIST OF FIGURES

Figure 1. SAM Electric Insulator Market Segmentation

Figure 2. SAM Electric Insulator Market Segmentation – By Country

Figure 3. SAM Electric Insulator Market Overview

Figure 4. Pin Insulator Type Held the Largest Market Share in 2020

Figure 5. Ceramic Held the Largest Market Share in 2020

Figure 6. Utilities End User Held the Largest Market Share in 2020

Figure 7. Brazil was the Largest Revenue Contributor in 2020

Figure 8. SAM – PEST Analysis

Figure 9. SAM Electric Insulator Market– Ecosystem Analysis

Figure 10. Expert Opinion

Figure 11. SAM Electric Insulator Market: Impact Analysis of Drivers and Restraints

Figure 12. SAM Electric Insulator Market – Revenue and Forecast to 2028 (US$ million)

Figure 13. SAM Electric Insulator Market Revenue Share, By Product Type (2020 and 2028)

Figure 14. SAM Shackle Insulator: Electric Insulator Market Revenue and Forecast to 2028 (US$ million)

Figure 15. SAM Pin Insulator: Electric Insulator Market Revenue and Forecast to 2028 (US$ million)

Figure 16. SAM Suspension Insulator: Electric Insulator Market Revenue and Forecast to 2028 (US$ million)

Figure 17. SAM Other Product Types: Electric Insulator Market Revenue and Forecast to 2028 (US$ million)

Figure 18. SAM Electric Insulator Market Revenue Share, By Material Type (2020 and 2028)

Figure 19. SAM Ceramic: Electric Insulator Market Revenue and Forecast to 2028 (US$ million)

Figure 20. SAM Glass: Electric Insulator Market Revenue and Forecast to 2028 (US$ million)

Figure 21. SAM Composite: Electric Insulator Market Revenue and Forecast to 2028 (US$ million)

Figure 22. SAM Electric Insulator Market Revenue Share, By Application (2020 and 2028)

Figure 23. SAM Transformer: Electric Insulator Market Revenue and Forecast to 2028 (US$ million)

Figure 24. SAM Busbar: Electric Insulator Market Revenue and Forecast to 2028 (US$ million)

Figure 25. SAM Cable: Electric Insulator Market Revenue and Forecast to 2028 (US$ million)

Figure 26. SAM Switchgear: Electric Insulator Market Revenue and Forecast to 2028 (US$ million)

Figure 27. SAM Surge Protection Device: Electric Insulator Market Revenue and Forecast to 2028 (US$ million)

Figure 28. SAM Other Applications: Electric Insulator Market Revenue and Forecast to 2028 (US$ million)

Figure 29. SAM Electric Insulator Market Revenue Share, By End User (2020 and 2028)

Figure 30. SAM Utilities: Electric Insulator Market Revenue and Forecast to 2028 (US$ million)

Figure 31. SAM Industries: Electric Insulator Market Revenue and Forecast to 2028 (US$ million)

Figure 32. SAM Other End Users: Electric Insulator Market Revenue and Forecast to 2028 (US$ million)

Figure 33. SAM: Electric Insulator Market, by Key Country – Revenue (2020) (USD Million)

Figure 34. SAM Electric Insulator Market Breakdown, by Country, 2020 & 2028 (%)

Figure 35. Brazil Electric Insulator Market, Revenue and Forecast to 2028 (US$ million)

Figure 36. Argentina Electric Insulator Market, Revenue and Forecast to 2028 (US$ million)

Figure 37. Rest of SAM Electric Insulator Market, Revenue and Forecast to 2028 (US$ million)

Figure 38. Impact of COVID-19 Pandemic in SAM Country Markets

Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the SAM electric insulator market.
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The key findings and recommendations highlight crucial progressive industry trends in SAM electric insulator market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth SAM market trends and outlook coupled with the factors driving the electric insulator market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

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