Press Release

Insulators Market in Africa to Surpass $ 250 Million by 2022

According to a recently published TechSci Research report “Africa Insulators Market By Rating, By Country, By Type, Competition Forecast & Opportunities, 2012-2022’’, insulators market in Africa is expected to reach $ 254 million by 2022 on account of increasing development in the country’s infrastructure and power sectors. Moreover, expansion of power transmission and distribution networks and inter-state power transmission lines are expected to further boost demand for insulators in Africa over the next five years.

Browse 24 market data Tables and 113 Figures spread through 148 Pages and an in-depth TOC on "Africa Insulators Market" 

https://www.techsciresearch.com/report/africa-insulators-market/1481.html

Africa, being an underdeveloped region suffers from huge shortage of power. However, this scenario is changing rapidly as the governments across various African nations are focussing on improving access to electricity for citizens. Also, inter-country power transmission projects such as North Africa Power Transmission Corridor, North-South Africa Power Transmission Corridor, West Africa Power Transmission Corridor, and Central Africa Power Transmission Corridor, which aim at connecting various African nation through shared network of power transmission lines, is boosting demand for insulators in the region.

On the basis of ratings, Africa insulators market is categorized into low voltage insulators, medium voltage insulators and high voltage insulators. Low voltage insulators segment accounts for the largest share in the region’s insulators market owing to their extensive usage in electricity distribution networks. Among all the African countries, Nigeria dominates Africa insulators market owing to the country’s economic boom, which has encouraged the government to focus on improving electricity supply in the country over the last few years, thereby increasing demand for insulators. Aditya Birla Nuvo Limited and Dalian Composite Insulator Co. Ltd.  are two of the market leaders in Africa insulators market.

“With growing investments in infrastructure and power sectors across Africa, demand for insulators is likely to rise in the coming years. Moreover, increasing focus of the governments of the African nations to increase electricity supply across urban as well as rural areas is further anticipated to improve the power scenario in the region, which consequently would lead to surge in demand for insulators over the course of next five years in Africa. Introduction of many power transmission projects in the region will further add to the demand for insulators.,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

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Africa Insulators Market By Rating, By Country, By Type, Competition Forecast & Opportunities, 2012-2022’’ has evaluated the future growth potential of Africa insulators market and provides statistics and information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in Africa insulators market.

About TechSci Research

TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.

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