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Insulation Monitoring Devices

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Á¶»ç ´ë»ó ±â¾÷ »ç·Ê(ÃÑ 11°Ç)

  • ABB Group
  • Cirprotec, S.L.
  • Eaton Corporation PLC
  • HAKEL Spol. Sro
  • Littelfuse, Inc.
  • Megacon
  • Mitsubishi Electric Corporation
  • Muuntosahko OY-Trafox
  • Ppo-Elektroniikka Oy
  • Schneider Electric SA
  • Siemens AG
  • Viper Innovations Ltd.

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KSM 24.05.21

Global Insulation Monitoring Devices Market to Reach $930.4 Million by 2030

The global market for Insulation Monitoring Devices estimated at US$686.4 Million in the year 2023, is expected to reach US$930.4 Million by 2030, growing at a CAGR of 4.4% over the analysis period 2023-2030. Power Utilities Application, one of the segments analyzed in the report, is expected to record a 4.3% CAGR and reach US$342 Million by the end of the analysis period. Growth in the Manufacturing & Production Application segment is estimated at 4% CAGR for the next 7-year period.

The U.S. Market is Estimated at $202.3 Million, While China is Forecast to Grow at 4.3% CAGR

The Insulation Monitoring Devices market in the U.S. is estimated at US$202.3 Million in the year 2023. China, the world's second largest economy, is forecast to reach a projected market size of US$165.6 Million by the year 2030 trailing a CAGR of 4.3% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.1% and 3.7% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 4.3% CAGR.

Introducing Our Exciting New Report Features for 2024

Full access to influencer engagement stats

Free access to our digital archives & "MarketGlass" research platform. Our proprietary MarketGlass platform is fully enabled to unlock creativity and market knowledge of domain experts worldwide in a cohesive and collaborative manner. Our state-of-art tools bring world class market perspectives while protecting participants' privacy and identity. Numbers, statistics and market narrative in the report are based on fully curated insights shared by domain experts and influencers in this space.

Opportunity to engage with interactive questionnaires that come with real-time data simulator tools & bespoke report generation capabilities

Full client access to peer collaborative and interactive platform for cross-enterprise smart exchange of ideas

Complimentary report updates for one year

Competitor coverage with global market shares of major players

Player market presence analysis (Strong/Active/Niche/Trivial) across multiple geographies

Access to curated YouTube video transcripts of domain experts/influencer interviews, podcasts, press statements and event keynotes

What to Expect from the Global Economy in 2024

Edgy geopolitics, and economic instability caused by monetary policy tightening and ensuing higher interest rates will create a tumultuous landscape for 2024. Several factors will continue to exert pressure on the path to recovery including hostilities in the Middle East and increasingly common climate disasters. Among the risks, several positives are also taking shape such as growing signs of disinflation and easing of anxiety over stubborn inflation, supply chain normalization and price moderation despite volatility in energy costs. Elections across several G21 jurisdictions, notably in India and the United States, will have potential ramifications for capital flows and investment strategies. While India emerges as a compelling destination in the global investment landscape, U.S, based tech firms will continue to dominate, fueled by a dynamic ecosystem of talent and capital. Tech opportunities in Silicon Valley and beyond remain attractive for investors seeking high-growth prospects supported largely by a resilient albeit slowing domestic economy and conducive regulatory environment. Europe will continue to battle tight monetary policy and recession risks with U.K. having the most challenging outlook and running the greatest risk of recession in 2024. China remains a wild card with hope for growth in the country underpinned by government spending and improvements in consumer spending. The volatile environment will offer both opportunities and challenges for investors and businesses alike. Embracing volatility as a catalyst for growth together with agility and strategic foresight in navigating investment decisions will remain important for survival.

Select Competitors (Total 11 Featured) -

  • ABB Group
  • Cirprotec, S.L.
  • Eaton Corporation PLC
  • HAKEL Spol. Sro
  • Littelfuse, Inc.
  • Megacon
  • Mitsubishi Electric Corporation
  • Muuntosahko OY - Trafox
  • Ppo-Elektroniikka Oy
  • Schneider Electric SA
  • Siemens AG
  • Viper Innovations Ltd.

TABLE OF CONTENTS

I. METHODOLOGY

II. EXECUTIVE SUMMARY

  • 1. MARKET OVERVIEW
    • Influencer Market Insights
    • World Market Trajectories
    • Insulation Monitoring Devices Market - Prelude
    • End-Use Demand Dynamics
    • Competition
    • Insulation Monitoring Devices - Global Key Competitors Percentage Market Share in 2024 (E)
    • Global Economic Update
    • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
  • 2. FOCUS ON SELECT PLAYERS
  • 3. MARKET TRENDS & DRIVERS
    • Increase in Demand for Renewable Energy Solutions Drives Growth in Insulation Monitoring Devices Market
    • Global Renewable Energy Capacity in GW and as % of Total Energy Generation for the Years 2010 through 2018
    • Insulation Monitoring in Healthcare Industry: An Overview
    • Growing Importance of Insulation Monitoring Devices for Unearthed IT Systems
    • Growing Use of Insulation Monitoring in EVs Drives Growth in Transportation Application
    • Factory Automation Trend and the Need to Prevent Downtime through Timely Detection of Insulations Fault to Spur Market Growth
    • Product Overview
    • Insulation Monitoring: A Conceptual Overview
    • Insulation Monitoring Devices in Ungrounded IT Networks
    • Isolation Monitoring Devices Standards
  • 4. GLOBAL MARKET PERSPECTIVE
    • TABLE 1: World Insulation Monitoring Devices Market Analysis of Annual Sales in US$ Thousand for Years 2014 through 2030
    • TABLE 2: World Recent Past, Current & Future Analysis for Insulation Monitoring Devices by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
    • TABLE 3: World Historic Review for Insulation Monitoring Devices by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
    • TABLE 4: World 16-Year Perspective for Insulation Monitoring Devices by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2014, 2024 & 2030
    • TABLE 5: World Recent Past, Current & Future Analysis for Power Utilities by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
    • TABLE 6: World Historic Review for Power Utilities by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
    • TABLE 7: World 16-Year Perspective for Power Utilities by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
    • TABLE 8: World Recent Past, Current & Future Analysis for Manufacturing & Production by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
    • TABLE 9: World Historic Review for Manufacturing & Production by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
    • TABLE 10: World 16-Year Perspective for Manufacturing & Production by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
    • TABLE 11: World Recent Past, Current & Future Analysis for Mining by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
    • TABLE 12: World Historic Review for Mining by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
    • TABLE 13: World 16-Year Perspective for Mining by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
    • TABLE 14: World Recent Past, Current & Future Analysis for Healthcare by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
    • TABLE 15: World Historic Review for Healthcare by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
    • TABLE 16: World 16-Year Perspective for Healthcare by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
    • TABLE 17: World Recent Past, Current & Future Analysis for Transportation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
    • TABLE 18: World Historic Review for Transportation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
    • TABLE 19: World 16-Year Perspective for Transportation by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
    • TABLE 20: World Recent Past, Current & Future Analysis for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
    • TABLE 21: World Historic Review for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
    • TABLE 22: World 16-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030

III. MARKET ANALYSIS

  • UNITED STATES
    • Insulation Monitoring Devices Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
    • TABLE 23: USA Recent Past, Current & Future Analysis for Insulation Monitoring Devices by Application - Power Utilities, Manufacturing & Production, Mining, Healthcare, Transportation and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
    • TABLE 24: USA Historic Review for Insulation Monitoring Devices by Application - Power Utilities, Manufacturing & Production, Mining, Healthcare, Transportation and Other Applications Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
    • TABLE 25: USA 16-Year Perspective for Insulation Monitoring Devices by Application - Percentage Breakdown of Value Sales for Power Utilities, Manufacturing & Production, Mining, Healthcare, Transportation and Other Applications for the Years 2014, 2024 & 2030
  • CANADA
    • TABLE 26: Canada Recent Past, Current & Future Analysis for Insulation Monitoring Devices by Application - Power Utilities, Manufacturing & Production, Mining, Healthcare, Transportation and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
    • TABLE 27: Canada Historic Review for Insulation Monitoring Devices by Application - Power Utilities, Manufacturing & Production, Mining, Healthcare, Transportation and Other Applications Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
    • TABLE 28: Canada 16-Year Perspective for Insulation Monitoring Devices by Application - Percentage Breakdown of Value Sales for Power Utilities, Manufacturing & Production, Mining, Healthcare, Transportation and Other Applications for the Years 2014, 2024 & 2030
  • JAPAN
    • Insulation Monitoring Devices Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
    • TABLE 29: Japan Recent Past, Current & Future Analysis for Insulation Monitoring Devices by Application - Power Utilities, Manufacturing & Production, Mining, Healthcare, Transportation and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
    • TABLE 30: Japan Historic Review for Insulation Monitoring Devices by Application - Power Utilities, Manufacturing & Production, Mining, Healthcare, Transportation and Other Applications Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
    • TABLE 31: Japan 16-Year Perspective for Insulation Monitoring Devices by Application - Percentage Breakdown of Value Sales for Power Utilities, Manufacturing & Production, Mining, Healthcare, Transportation and Other Applications for the Years 2014, 2024 & 2030
  • CHINA
    • Insulation Monitoring Devices Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
    • TABLE 32: China Recent Past, Current & Future Analysis for Insulation Monitoring Devices by Application - Power Utilities, Manufacturing & Production, Mining, Healthcare, Transportation and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
    • TABLE 33: China Historic Review for Insulation Monitoring Devices by Application - Power Utilities, Manufacturing & Production, Mining, Healthcare, Transportation and Other Applications Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
    • TABLE 34: China 16-Year Perspective for Insulation Monitoring Devices by Application - Percentage Breakdown of Value Sales for Power Utilities, Manufacturing & Production, Mining, Healthcare, Transportation and Other Applications for the Years 2014, 2024 & 2030
  • EUROPE
    • Insulation Monitoring Devices Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
    • TABLE 35: Europe Recent Past, Current & Future Analysis for Insulation Monitoring Devices by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
    • TABLE 36: Europe Historic Review for Insulation Monitoring Devices by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
    • TABLE 37: Europe 16-Year Perspective for Insulation Monitoring Devices by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2014, 2024 & 2030
    • TABLE 38: Europe Recent Past, Current & Future Analysis for Insulation Monitoring Devices by Application - Power Utilities, Manufacturing & Production, Mining, Healthcare, Transportation and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
    • TABLE 39: Europe Historic Review for Insulation Monitoring Devices by Application - Power Utilities, Manufacturing & Production, Mining, Healthcare, Transportation and Other Applications Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
    • TABLE 40: Europe 16-Year Perspective for Insulation Monitoring Devices by Application - Percentage Breakdown of Value Sales for Power Utilities, Manufacturing & Production, Mining, Healthcare, Transportation and Other Applications for the Years 2014, 2024 & 2030
  • FRANCE
    • Insulation Monitoring Devices Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
    • TABLE 41: France Recent Past, Current & Future Analysis for Insulation Monitoring Devices by Application - Power Utilities, Manufacturing & Production, Mining, Healthcare, Transportation and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
    • TABLE 42: France Historic Review for Insulation Monitoring Devices by Application - Power Utilities, Manufacturing & Production, Mining, Healthcare, Transportation and Other Applications Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
    • TABLE 43: France 16-Year Perspective for Insulation Monitoring Devices by Application - Percentage Breakdown of Value Sales for Power Utilities, Manufacturing & Production, Mining, Healthcare, Transportation and Other Applications for the Years 2014, 2024 & 2030
  • GERMANY
    • Insulation Monitoring Devices Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
    • TABLE 44: Germany Recent Past, Current & Future Analysis for Insulation Monitoring Devices by Application - Power Utilities, Manufacturing & Production, Mining, Healthcare, Transportation and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
    • TABLE 45: Germany Historic Review for Insulation Monitoring Devices by Application - Power Utilities, Manufacturing & Production, Mining, Healthcare, Transportation and Other Applications Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
    • TABLE 46: Germany 16-Year Perspective for Insulation Monitoring Devices by Application - Percentage Breakdown of Value Sales for Power Utilities, Manufacturing & Production, Mining, Healthcare, Transportation and Other Applications for the Years 2014, 2024 & 2030
  • ITALY
    • TABLE 47: Italy Recent Past, Current & Future Analysis for Insulation Monitoring Devices by Application - Power Utilities, Manufacturing & Production, Mining, Healthcare, Transportation and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
    • TABLE 48: Italy Historic Review for Insulation Monitoring Devices by Application - Power Utilities, Manufacturing & Production, Mining, Healthcare, Transportation and Other Applications Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
    • TABLE 49: Italy 16-Year Perspective for Insulation Monitoring Devices by Application - Percentage Breakdown of Value Sales for Power Utilities, Manufacturing & Production, Mining, Healthcare, Transportation and Other Applications for the Years 2014, 2024 & 2030
  • UNITED KINGDOM
    • Insulation Monitoring Devices Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
    • TABLE 50: UK Recent Past, Current & Future Analysis for Insulation Monitoring Devices by Application - Power Utilities, Manufacturing & Production, Mining, Healthcare, Transportation and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
    • TABLE 51: UK Historic Review for Insulation Monitoring Devices by Application - Power Utilities, Manufacturing & Production, Mining, Healthcare, Transportation and Other Applications Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
    • TABLE 52: UK 16-Year Perspective for Insulation Monitoring Devices by Application - Percentage Breakdown of Value Sales for Power Utilities, Manufacturing & Production, Mining, Healthcare, Transportation and Other Applications for the Years 2014, 2024 & 2030
  • REST OF EUROPE
    • TABLE 53: Rest of Europe Recent Past, Current & Future Analysis for Insulation Monitoring Devices by Application - Power Utilities, Manufacturing & Production, Mining, Healthcare, Transportation and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
    • TABLE 54: Rest of Europe Historic Review for Insulation Monitoring Devices by Application - Power Utilities, Manufacturing & Production, Mining, Healthcare, Transportation and Other Applications Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
    • TABLE 55: Rest of Europe 16-Year Perspective for Insulation Monitoring Devices by Application - Percentage Breakdown of Value Sales for Power Utilities, Manufacturing & Production, Mining, Healthcare, Transportation and Other Applications for the Years 2014, 2024 & 2030
  • ASIA-PACIFIC
    • Insulation Monitoring Devices Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
    • TABLE 56: Asia-Pacific Recent Past, Current & Future Analysis for Insulation Monitoring Devices by Application - Power Utilities, Manufacturing & Production, Mining, Healthcare, Transportation and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
    • TABLE 57: Asia-Pacific Historic Review for Insulation Monitoring Devices by Application - Power Utilities, Manufacturing & Production, Mining, Healthcare, Transportation and Other Applications Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
    • TABLE 58: Asia-Pacific 16-Year Perspective for Insulation Monitoring Devices by Application - Percentage Breakdown of Value Sales for Power Utilities, Manufacturing & Production, Mining, Healthcare, Transportation and Other Applications for the Years 2014, 2024 & 2030
  • REST OF WORLD
    • TABLE 59: Rest of World Recent Past, Current & Future Analysis for Insulation Monitoring Devices by Application - Power Utilities, Manufacturing & Production, Mining, Healthcare, Transportation and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
    • TABLE 60: Rest of World Historic Review for Insulation Monitoring Devices by Application - Power Utilities, Manufacturing & Production, Mining, Healthcare, Transportation and Other Applications Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
    • TABLE 61: Rest of World 16-Year Perspective for Insulation Monitoring Devices by Application - Percentage Breakdown of Value Sales for Power Utilities, Manufacturing & Production, Mining, Healthcare, Transportation and Other Applications for the Years 2014, 2024 & 2030

IV. COMPETITION

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