Global Hollow Core Insulator Market in Ainslie, Australia Capital Territory
Global Hollow Core Insulator Market was valued US$ 3.58 Bn in 2018 and is expected to reach US$ XX Bn by 2026, at a CAGR of XX % during the forecast period.Safety is a major driving factor offered by composite hollow core insulators on pressurized substation equipment and personnel. Increasing industrialization and urbanization, growth in transmission and distribution networks, increased renewable energy production, and supportive government initiatives for expansion or upgrade of existing transmission systems is another major driving factor of the hollow core insulators market. However, the major restraining factor of the global hollow core insulators market is insufficient chemical bonding at the point of interface, even if limited to a small area, could result in the inception of the degradation process.
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