Electric Insulator Market worth $13.34 billion by 2023 - PowerPoint PPT Presentation

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Electric Insulator Market worth $13.34 billion by 2023

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The global electric insulator market is projected to reach a market size of USD 13.34 billion by 2023, at a CAGR of 5.58%, from an estimated USD 10.17 billion in 2018. Increasing investments in T&D networks, refurbishment of the existing grid networks, and growing adoption of renewable energy sources are some of the major drivers of the electric insulator market. Increasing investments in smart grid projects and HVDC transmission methods for long-distance transmission could act as the opportunities for the electric insulator market. – PowerPoint PPT presentation

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