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Global demand for insulation monitoring devices on the rise

Global demand for insulation monitoring devices on the rise

An insulation monitoring device continuously monitors the insulation resistance of an unearthed power system between an active phase conductor and earth. Whenever the insulation resistance in the system falls below a threshold limit, the device triggers an alarm. This device is widely used in unearthed systems where a continuous power supply is indispensable to avoid risking human life, such as in mines, hospitals, railways, and airports.

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Research Beam  analysts forecast the global insulation monitoring devices market to grow at a CAGR of 4.82% during the period 2017-2021.

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Covered in this report

The report covers the present scenario and the growth prospects of the global insulation monitoring devices market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA

Research Beam  report, Global Insulation Monitoring Devices Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts.

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The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

  • ABB
  • Eaton
  • Littelfuse
  • Mitsubishi Electric
  • Schneider Electric

Other prominent vendors

  • Bender GmbH & Co. KG
  • Cirprotec
  • E. Dold & Söhne KG
  • Hakel
  • Martens (GHM Messtechnik GmbH)
  • Megacon
  • Ppo elektroniikka
  • Siemens
  • MUUNTOSÄHKÖ OY - TRAFOX
  • Viper innovations

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Market driver

  • Growth of renewable energy in power generation mix
  • For a full, detailed list, view our report

Market challenge

  • Slow growth in the mining industry
  • For a full, detailed list, view our report

Market trend

  • Increase in use of low voltage DC power systems
  • For a full, detailed list, view our report

Key questions answered in this report

  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?

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Table of Contents

  • PART 01: Executive summary
  • PART 02: Scope of the report
  • PART 03: Research Methodology
  • PART 04: Introduction
  • Market outline
  • PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
  • PART 06: Market segmentation by end-user
  • Market overview
  • Global insulation monitoring device market for power utilities industry
  • Global insulation monitoring device market for healthcare industry
  • Global insulation monitoring device market for transportation industry
  • Global insulation monitoring device market for mining industry
  • Global insulation monitoring device market for others industry
  • PART 07: Geographical segmentation
  • Market Overview
  • Insulation monitoring device market in Americas
  • Insulation monitoring device market in EMEA
  • Insulation monitoring device market in APAC
  • PART 08: Decision framework
  • PART 09: Drivers and challenges
  • Market drivers
  • Market challenges
  • PART 10: Market trends
  • Incorporation of new features in insulation monitoring devices by vendors
  • Increase in use of low voltage DC power systems
  • Use of smart cables for fault location

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