Global Insulation Monitoring Devices Market – Industry Trends and Forecast to 2026

  • Semiconductors and Electronics
  • Upcoming Report
  • Jan 2019
  • Global
  • 350 Pages
  • No of Tables: 60
  • No of Figures: 220

Global insulation monitoring devices Market, By Response Time (Mounting/Installation Types of Insulation Monitoring Devices, Response Time), Application (Power Utilities, Manufacturing and Production, Healthcare, Mining, Transportation), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026

Market Analysis: Global Insulation Monitoring Devices Market

Global insulation monitoring devices market is driven by the need for preventing the data loss due to power supply fluctuations and other similar reasons, global insulation monitoring devices market in estimated value from USD 600 million in 2018 to an estimated value of USD 873.05 million by 2026, registering a CAGR of 4.80% in the forecast period of 2019-2026.

Market Definition: Global Insulation Monitoring Devices Market

An insulation monitoring device is used for monitoring the insulated resistance of undergrounded system which is in between the earth and an active phase conductor. When the resistance between two conductors drops below a pre-set value, usually 50 kΩ. The undergrounded system helps to continue operation without any hindrance for medical, military and chemical industry among others.

Market Drivers:

  • Growing Influx of insulation monitoring devices across renewable energy power plants
  • Necessity of electricals in IT systems

Market Restraints:

  • High deploying investment

Segmentation: Global Insulation Monitoring Devices Market

  • By Response Time

    • Mounting/Installation Types of Insulation Monitoring Devices

      • Din Rail
      • Screw Mounting
      • Panel Mounting

    • Response Time

      • =4 Second
      • <7 Second
      • >7 Second

  • By Application

    • Power Utilities
    • Manufacturing and Production
    • Healthcare
    • Mining
    • Transportation

  • By Geography

    • North America

      • US
      • Canada
      • Mexico

    • South America

      • Brazil
      • Argentina
      • Rest of South America

    • Europe

      • Germany
      • France
      • United Kingdom
      • Italy
      • Spain
      • Russia
      • Turkey
      • Belgium
      • Netherlands
      • Switzerland
      • Rest of Europe

    • Asia-Pacific

      • Japan
      • China
      • South Korea
      • India
      • Australia
      • Singapore
      • Malaysia
      • Indonesia
      • Thailand
      • Philippines
      • Rest of Asia-Pacific

    • Middle East and Africa

      • South Africa
      • Egypt
      • Saudi Arabia
      • United Arab Emirates
      • Israel
      • Rest of Middle East and Africa

Key Developments in the Market:

  • In January 2017, The US Army Engineering and Support Center (U.S.) gave a contract to Eaton to help in assisting the Utilities System Division of the Naval Facilities Engineering Command (NAVFAC) Southwest. As per the contract, the company would assist in modernizing the electrical monitoring and control systems at the facility located in San Diego.
  • In March 2016, Littelfuse acquired TE Connectivity’s (Switerland) circuit protection business for USD 350 million. This helped the company to expand its product portfolio as well as its geographical presence.

Competitive Analysis: Global Insulation Monitoring Devices Market

Global insulation monitoring devices market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of  insulation monitoring market for global, Europe, North America, Asia Pacific and South America.

Major Market Competitors/Players: Global Insulation Monitoring Devices Market

Few of the major competitors currently working in insulation monitoring market are Schneider Electric, ABB, Eaton, Littelfuse, Inc., Bender Inc, Mitsubishi Electric Corporation, Siemens AG, Viper Innovations, Cirprotec, S.L. , E. Dold & Sohne, HAKEL LTD., Martens, MUUNTOSÄHKÖ OY TRAFOX, Ppo-Elektroniikka OY, megacon.com, Wei Dian Union(Hubei) Technology Co.,Ltd, Deif A/S, Renesas Electronics Corporation, CapTech Ventures, Inc., Lemvigh-Muller and others.

Research Methodology: Global Insulation Monitoring Devices Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request An Analyst Call or can drop down your inquiry.

The key research methodology used by DBMR Research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Key Insights in the report:

  • Complete and distinct analysis of the market drivers and restraints
  • Key market players involved in this industry
  • Detailed analysis of the market segmentation
  • Competitive analysis of the key players involved

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