Electrical Isolator Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019 - 2029

  • Single User License $3500

Electrical Isolator Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019 - 2029

Status : July, 2020 | Automotive | PPT format

Report Digest


Electrical Isolator Market Overview

Electrical isolation is required to prevent electric circuit from damaging and eliminate shock hazards in case of electric failure. Electrical isolator which is a mechanical device is used to disconnect any electrical component from the system. Electrical isolator switches are featured on both the end of circuit breaker and they are used to open an electric circuit in the no-load condition so that the circuit breaker repair can be done easily without any risk.

Electrical isolator market is anticipated to grow with lower-single digit CAGR during the forecast period (2020 - 2030). Owing to factors like huge investment in the energy sector by developing countries. For instance, in its annual budget for fiscal year 2020-21 Government of India allocated around US$ 3 billion for power sector. However, expected global economic slowdown due to COVID-19 pandemic is expected to impact the global electrical isolator market.

Electrical Isolator Market Dynamics

Global electrical isolator market is mainly driven by the increasing spending in the energy sector and at the same time substantial upsurge in the power grids. For instance, in 2018, Government of China initiated building 1.1 million volt transmission system that will deliver electricity from 12 large power plants to its citizens over 2,000 miles. Similarly, governments of other developing countries are also investing huge money in order to build power grid in their region. Therefore demand for the electrical isolator is expected to remain high during the forecast period (2020 – 2030).

Another factor that supports growth of the global electrical isolator market is increasing demand of electric distribution. As global population is increasing there has been significant upsurge in the urbanization causing expansion of residential complexes, and at the same time rapid industrialization has created significant demand of power supply in newer geographies. Which is further anticipated to create high opportunity for the electrical isolator manufacturers globally.

Global economic slowdown due to coronavirus pandemic electrical isolator market is expected to witness stagnancy till 2021 end. However, from 2022 the market will regain traction.

Electrical Isolator Market Segmentation

For a better understanding, global electrical isolator market is being studied under type, location of power system & Region.

By type of electrical isolator, global electrical isolator market is segmented as –

  • Single Break Isolator
  • Double Break Isolator
  • Pantograph type Isolator

By location of power system, global electrical isolator market is segmented as –

  • Bus Side Isolator
  • Line Side Isolator
  • Transfer Bus Side Isolator

Electrical Isolator Market Regional Overview

Fast growing economies and rapid urbanization and increasing investment in the power sector in higher as well as lower middle income countries in Asia Pacific (including East Asia, South Asia & Oceania) is the most considerable phenomenon which makes the region most suitable market for electrical isolator. In addition, Governments of the countries in Asia Pacific have initiated incentive programs such as Made in China and Make in India to encourage global manufacturers to setup their production bases in the region. As a result leading electric and electronics goods manufacturers are shifting their production bases in Asia Pacific due economic labour cost and availability of the raw material. Which has created substantial demand for electrical isolator in the Asia Pacific region. However, due to comparatively high impact of the COVID-19 pandemic, North America and Europe are expected to witness slow growth for next couple of years in the global electrical isolator market.

Electrical Isolator Market Competitive Landscape

The global electrical isolator market is moderately consolidated in nature with few major players serving to majority customer base. Leading manufacturers are launching new products with upgraded features in order to maintain their position in the global market. Some of the prominent manufacturers of the electrical isolator are Eaton, Siemens, Mitsubishi Electric, Positron, Dairyland Electrical, Schneider Electric, Orient Electric, Toshiba International Corporation, GIPRO GmbH, KINTO Electric, Omniflex, Renu Electronics, Pertronic Industries

The research report presents a comprehensive assessment of the electrical isolator market and contains deep insights, facts, historical and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to electrical isolator market segments such as by electrical isolator unit, location of power system & region.

The Electrical Isolator Market report covers exhaustive analysis on:

  • Electrical Isolator Market Segments
  • Electrical Isolator Market Dynamics
  • Electrical Isolator Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on electrical isolator market segments and geographies.

Report Highlights:

  • Detailed overview of parent market
  • Changing electrical isolator market dynamics in the industry
  • In-depth electrical isolator market segmentation
  • Historical, current and projected electrical isolator market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key electrical isolator players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on electrical isolator market performance
  • Must-have information for electrical isolator market players to sustain and enhance their market footprint.

The study presents a granular assessment and quantitative evaluation of:

  • Key growth factors and prominent trends
  • Size and share of key segments in overall market
  • Key challenges and winning imperatives
  • Factors shaping competitive landscape
  • Insights into how contours of market will change in coming years
  • Technological advances
  • New avenues and imminent investment pockets
  • Regulatory landscape shaping current and future strategies of companies

The region-wise assessment includes market dynamics in:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The study is prepared with the help of an extensive primary and secondary research. Primary research includes but not limited to interactions, interviews, surveys, and events. Opinions of policy makers and industry experts are carefully integrated into the insights to complement primary research. Volumes of secondary data gleaned through renowned paid sources, annual statements, reputed journals, and government documents offer insights into current dynamics and key evolution trajectories the market is likely to assume. The research employs various industry-wide analytics methods and well-established methodologies to ascertain the attractiveness of key segments. Further, it evaluates the lucrativeness of key regions and factors underlying their maturity. The insights notably include a detailed analysis of forces behind vendor differentiation and offers insight into investment-decision making by prominent players.

The report strives to enlighten businesses and industry stakeholders on multiple facets of the growth dynamic of the market, the key of which include answers to:

  • Which key factors will shape the competitive landscape?
  • Which trends will stimulate research and development activities in different geographies?
  • Which are the lucrative growth areas and what is the size of potential they are likely contribute to the overall market?
  • Which disruptions in market growth are likely to come with the new business models?
  • Which are some of the recent overhauls in policies that may change the course of the market significantly?
  • Which are the geographies that will form sizable sources of new streams to new and established players alike?
  • How are top players likely to realign their strategy to counter the forces of competition?
  • Which key strategies emerging players are likely to focus on to consolidate their position?
  • Which changes in end-user preferences might affect the status quo held by the leading players?
  • Which are some of the game-changing innovations influencing the projected share and revenue of the market and its segments?

Note: Utmost care has invariably been taken to present data and arrive at statistics at all the TMR Research reports. Meanwhile, some recent developments and new industry trends may take time to be included in the reports.