TECHGuru

  Hollow Core Insulator Market - Snapshot The hollow core insulator market is going through a transition stage in different regions of the world. Manufacturers produce either ceramic or composite hollow core insulators according to the preference of end-users, especially the power transmission sector in that specific region. For e.g. ceramic remains by far the preferred material for hollow core insulators in India. On the other hand, European countries are increasingly adopting composite hollow core insulation technology. However, certain parts of these countries still prefer the ceramic type. Thus, overall, the demand for hollow core insulator technology varies in different regions of the world. The global hollow core insulator market is projected to expand at a CAGR of 4.9% during the forecast period and reach US$ 4,959.2 Mn by 2026. Selection of composite hollow core insulators for one to one replacement of ceramic type is expected to be the major driver facilitating the growth ...