Insulators Market in India 2011
Insulators in India are a part of the Transmission line equipment industry. They are broadly divided into three types on the basis of material – Ceramic/Porcelain insulators, Composite/ Polymer insulators and Glass insulators. They are further divided on types with respect to the voltage levels they suit. Ceramic insulators are the ones which are popular in India however; the market for composite insulators is also increasing rapidly. Indian market is facing competition from cheap Chinese products which are being imported into the market on a large scale. This phenomenon is impacting the domestic market for the same. The government is although providing lucrative benefits for the industry and the growth potential is huge. Increased attention to the power sector and transmission and distribution sector is providing a fillip to the insulators market a well. Players in the market are increasing their production capacities and the market is geared up to meet the total requirements of ambitious plans of Ministry of Power for power developments in India for 11th as well as 12th Five year plans.
The report begins with an introduction of the insulators market in India. It gives a clear overview of the equipment and highlights the category it falls in. The types of insulators prevalent in India on the basis of material have been analyzed and their differentiation has been provided on various parameters. A brief overview of the types of insulators on the basis of construction has also been included to highlight their requirements at different voltage levels. The market overview section provides an insight into the Insulator market and includes the market size and growth of insulators on the basis of value. Market segmentation of the transmission line equipments has been included on the basis of volume as well as value. The import and export figures of insulators in India and the region-wise breakup of the same has been provided.
An analysis of the drivers explains the factors for growth of the industry including growth in transmission sector, growth in power sector, government initiatives, growth potential of composite insulators and opportunities offered by private sector. The key challenges include lack of proper testing facilities and competition from Chinese products.
The competition section provides an overview of the competitive landscape in the industry. It includes the segmentation of the market on the basis of organized and unorganized players with respect to the market in value. It includes a brief profile of the major players in the market including their financials.Market Analysis
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Insulators Market in India 2011
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