PUBLISHER: KBV Research | PRODUCT CODE: 1534589
PUBLISHER: KBV Research | PRODUCT CODE: 1534589
Europe Insulation Monitoring Systems Market Size, Share & Trends Analysis Report By Type, By Vertical (Power Utilities, Mining, Manufacturing & Production, Transportation, Healthcare, and Others), By Country and Growth Forecast, 2024 - 2031
The Europe Insulation Monitoring Systems Market would witness market growth of 4.8% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe Insulation Monitoring Systems Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $73.3 million by 2031. The UK market is exhibiting a CAGR of 3.9% during (2024 - 2031). Additionally, The France market would experience a CAGR of 5.6% during (2024 - 2031).
Manufacturing is a key industry driving the growth of this market. As a result of the growing automation and digitization of manufacturing processes, sophisticated electrical apparatus and control systems are now in widespread use. This help manufacturing facilities maintain continuous and reliable operation by monitoring the integrity of electrical insulation in machinery, control panels, and power distribution networks.
Moreover, the market is experiencing growth due to the emergence of renewable energy. As nations endeavor to mitigate their carbon footprints and transition to sustainable energy sources, the implementation of renewable energy systems, including solar and wind power, is on the rise. These renewable energy installations rely heavily on advanced electrical infrastructure to convert and distribute power.
In France, the expansion of the healthcare sector is fueling the demand for these systems. The French government announced a €6 billion investment in healthcare infrastructure in 2021, aiming to enhance the safety and efficiency of medical facilities. These systems ensure continuous power supply and compliance with safety regulations in these settings. Likewise, Italy invests heavily in upgrading its hospital infrastructure, enhancing electrical safety and efficiency in the healthcare sector. The implementation of sophisticated monitoring technologies, such as insulation monitoring systems, is a critical element of this modernization initiative. Italy is increasing the safety and quality of patient care throughout the nation by integrating these advanced technologies, thereby enhancing the resilience and reliability of its healthcare infrastructure. Hence, the region will present lucrative opportunities for market growth.
Based on Type, the market is segmented into 1 Phase Insulation Monitoring Device, 3 Phase Insulation Monitoring Device, and DC Insulation Monitoring Device. Based on Vertical, the market is segmented into Power Utilities, Mining, Manufacturing & Production, Transportation, Healthcare, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
- ABB Group
- Omron Corporation
- Schneider Electric SE
- HELLA GmbH & Co. KGaA
- Sensata Technologies Holdings PLC
- Texas Instruments, Inc.
- Eaton Corporation plc
- SOCOMEC Group S.A.
- Legrand S.A. (Legrand Group)
- HAKEL spol. s r.o.
Europe Insulation Monitoring Systems Market Report Segmentation
By Type
- 1 Phase Insulation Monitoring Device
- 3 Phase Insulation Monitoring Device
- DC Insulation Monitoring Device
By Vertical
- Power Utilities
- Mining
- Manufacturing & Production
- Transportation
- Healthcare
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Europe Insulation Monitoring Systems Market, by Type
- 1.4.2 Europe Insulation Monitoring Systems Market, by Vertical
- 1.4.3 Europe Insulation Monitoring Systems Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market at a Glance
- 2.1 Key Highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
- 4.1 Market Share Analysis, 2023
- 4.2 Strategies Deployed in Insulation Monitoring Systems Market.
- 4.3 Porter Five Forces Analysis
Chapter 5. Europe Insulation Monitoring Systems Market by Type
- 5.1 Europe 1 Phase Insulation Monitoring Device Market by Country
- 5.2 Europe 3 Phase Insulation Monitoring Device Market by Country
- 5.3 Europe DC Insulation Monitoring Device Market by Country
Chapter 6. Europe Insulation Monitoring Systems Market by Vertical
- 6.1 Europe Power Utilities Market by Country
- 6.2 Europe Mining Market by Country
- 6.3 Europe Manufacturing & Production Market by Country
- 6.4 Europe Transportation Market by Country
- 6.5 Europe Healthcare Market by Country
- 6.6 Europe Others Market by Country
Chapter 7. Europe Insulation Monitoring Systems Market by Country
- 7.1 Germany Insulation Monitoring Systems Market
- 7.1.1 Germany Insulation Monitoring Systems Market by Type
- 7.1.2 Germany Insulation Monitoring Systems Market by Vertical
- 7.2 UK Insulation Monitoring Systems Market
- 7.2.1 UK Insulation Monitoring Systems Market by Type
- 7.2.2 UK Insulation Monitoring Systems Market by Vertical
- 7.3 France Insulation Monitoring Systems Market
- 7.3.1 France Insulation Monitoring Systems Market by Type
- 7.3.2 France Insulation Monitoring Systems Market by Vertical
- 7.4 Russia Insulation Monitoring Systems Market
- 7.4.1 Russia Insulation Monitoring Systems Market by Type
- 7.4.2 Russia Insulation Monitoring Systems Market by Vertical
- 7.5 Spain Insulation Monitoring Systems Market
- 7.5.1 Spain Insulation Monitoring Systems Market by Type
- 7.5.2 Spain Insulation Monitoring Systems Market by Vertical
- 7.6 Italy Insulation Monitoring Systems Market
- 7.6.1 Italy Insulation Monitoring Systems Market by Type
- 7.6.2 Italy Insulation Monitoring Systems Market by Vertical
- 7.7 Rest of Europe Insulation Monitoring Systems Market
- 7.7.1 Rest of Europe Insulation Monitoring Systems Market by Type
- 7.7.2 Rest of Europe Insulation Monitoring Systems Market by Vertical
Chapter 8. Company Profiles
- 8.1 ABB Group
- 8.1.1 Company Overview
- 8.1.2 Financial Analysis
- 8.1.3 Segmental and Regional Analysis
- 8.1.4 Research & Development Expense
- 8.1.5 SWOT Analysis
- 8.2 Omron Corporation
- 8.2.1 Company Overview
- 8.2.2 Financial Analysis
- 8.2.3 Segmental and Regional Analysis
- 8.2.4 Research & Development Expenses
- 8.2.5 Recent strategies and developments:
- 8.2.5.1 Product Launches and Product Expansions:
- 8.2.6 SWOT Analysis
- 8.3 Schneider Electric SE
- 8.3.1 Company Overview
- 8.3.2 Financial Analysis
- 8.3.3 Segmental and Regional Analysis
- 8.3.4 Research & Development Expense
- 8.3.5 Recent strategies and developments:
- 8.3.5.1 Partnerships, Collaborations, and Agreements:
- 8.3.5.2 Product Launches and Product Expansions:
- 8.3.6 SWOT Analysis
- 8.4 HELLA GmbH & Co. KGaA (FORVIA S.E.)
- 8.4.1 Company Overview
- 8.4.2 Financial Analysis
- 8.4.3 Segmental and Regional Analysis
- 8.4.4 Research & Development Expenses
- 8.4.5 SWOT Analysis
- 8.5 Sensata Technologies Holdings PLC
- 8.5.1 Company Overview
- 8.5.2 Financial Analysis
- 8.5.3 Segmental and Regional Analysis
- 8.5.4 Research & Development Expense
- 8.5.5 Recent strategies and developments:
- 8.5.5.1 Product Launches and Product Expansions:
- 8.5.6 SWOT Analysis
- 8.6 Texas Instruments, Inc.
- 8.6.1 Company Overview
- 8.6.2 Financial Analysis
- 8.6.3 Segmental and Regional Analysis
- 8.6.4 Research & Development Expense
- 8.6.5 Recent strategies and developments:
- 8.6.5.1 Product Launches and Product Expansions:
- 8.6.6 SWOT Analysis
- 8.7 Legrand S.A. (Legrand Group)
- 8.7.1 Company Overview
- 8.7.2 Financial Analysis
- 8.7.3 Segmental and Regional Analysis
- 8.7.4 Research & Development Expense
- 8.7.5 SWOT Analysis
- 8.8 Eaton Corporation PLC
- 8.8.1 Company Overview
- 8.8.2 Financial Analysis
- 8.8.3 Segmental and Regional Analysis
- 8.8.4 Research & Development Expense
- 8.8.5 SWOT Analysis
- 8.9 SOCOMEC Group S.A.
- 8.9.1 Company Overview
- 8.10. HAKEL spol. s r.o.
- 8.10.1 Company Overview
LIST OF TABLES
- TABLE 1 Europe Insulation Monitoring Systems Market, 2020 - 2023, USD Million
- TABLE 2 Europe Insulation Monitoring Systems Market, 2024 - 2031, USD Million
- TABLE 3 Europe Insulation Monitoring Systems Market by Type, 2020 - 2023, USD Million
- TABLE 4 Europe Insulation Monitoring Systems Market by Type, 2024 - 2031, USD Million
- TABLE 5 Europe 1 Phase Insulation Monitoring Device Market by Country, 2020 - 2023, USD Million
- TABLE 6 Europe 1 Phase Insulation Monitoring Device Market by Country, 2024 - 2031, USD Million
- TABLE 7 Europe 3 Phase Insulation Monitoring Device Market by Country, 2020 - 2023, USD Million
- TABLE 8 Europe 3 Phase Insulation Monitoring Device Market by Country, 2024 - 2031, USD Million
- TABLE 9 Europe DC Insulation Monitoring Device Market by Country, 2020 - 2023, USD Million
- TABLE 10 Europe DC Insulation Monitoring Device Market by Country, 2024 - 2031, USD Million
- TABLE 11 Europe Insulation Monitoring Systems Market by Vertical, 2020 - 2023, USD Million
- TABLE 12 Europe Insulation Monitoring Systems Market by Vertical, 2024 - 2031, USD Million
- TABLE 13 Europe Power Utilities Market by Country, 2020 - 2023, USD Million
- TABLE 14 Europe Power Utilities Market by Country, 2024 - 2031, USD Million
- TABLE 15 Europe Mining Market by Country, 2020 - 2023, USD Million
- TABLE 16 Europe Mining Market by Country, 2024 - 2031, USD Million
- TABLE 17 Europe Manufacturing & Production Market by Country, 2020 - 2023, USD Million
- TABLE 18 Europe Manufacturing & Production Market by Country, 2024 - 2031, USD Million
- TABLE 19 Europe Transportation Market by Country, 2020 - 2023, USD Million
- TABLE 20 Europe Transportation Market by Country, 2024 - 2031, USD Million
- TABLE 21 Europe Healthcare Market by Country, 2020 - 2023, USD Million
- TABLE 22 Europe Healthcare Market by Country, 2024 - 2031, USD Million
- TABLE 23 Europe Others Market by Country, 2020 - 2023, USD Million
- TABLE 24 Europe Others Market by Country, 2024 - 2031, USD Million
- TABLE 25 Europe Insulation Monitoring Systems Market by Country, 2020 - 2023, USD Million
- TABLE 26 Europe Insulation Monitoring Systems Market by Country, 2024 - 2031, USD Million
- TABLE 27 Germany Insulation Monitoring Systems Market, 2020 - 2023, USD Million
- TABLE 28 Germany Insulation Monitoring Systems Market, 2024 - 2031, USD Million
- TABLE 29 Germany Insulation Monitoring Systems Market by Type, 2020 - 2023, USD Million
- TABLE 30 Germany Insulation Monitoring Systems Market by Type, 2024 - 2031, USD Million
- TABLE 31 Germany Insulation Monitoring Systems Market by Vertical, 2020 - 2023, USD Million
- TABLE 32 Germany Insulation Monitoring Systems Market by Vertical, 2024 - 2031, USD Million
- TABLE 33 UK Insulation Monitoring Systems Market, 2020 - 2023, USD Million
- TABLE 34 UK Insulation Monitoring Systems Market, 2024 - 2031, USD Million
- TABLE 35 UK Insulation Monitoring Systems Market by Type, 2020 - 2023, USD Million
- TABLE 36 UK Insulation Monitoring Systems Market by Type, 2024 - 2031, USD Million
- TABLE 37 UK Insulation Monitoring Systems Market by Vertical, 2020 - 2023, USD Million
- TABLE 38 UK Insulation Monitoring Systems Market by Vertical, 2024 - 2031, USD Million
- TABLE 39 France Insulation Monitoring Systems Market, 2020 - 2023, USD Million
- TABLE 40 France Insulation Monitoring Systems Market, 2024 - 2031, USD Million
- TABLE 41 France Insulation Monitoring Systems Market by Type, 2020 - 2023, USD Million
- TABLE 42 France Insulation Monitoring Systems Market by Type, 2024 - 2031, USD Million
- TABLE 43 France Insulation Monitoring Systems Market by Vertical, 2020 - 2023, USD Million
- TABLE 44 France Insulation Monitoring Systems Market by Vertical, 2024 - 2031, USD Million
- TABLE 45 Russia Insulation Monitoring Systems Market, 2020 - 2023, USD Million
- TABLE 46 Russia Insulation Monitoring Systems Market, 2024 - 2031, USD Million
- TABLE 47 Russia Insulation Monitoring Systems Market by Type, 2020 - 2023, USD Million
- TABLE 48 Russia Insulation Monitoring Systems Market by Type, 2024 - 2031, USD Million
- TABLE 49 Russia Insulation Monitoring Systems Market by Vertical, 2020 - 2023, USD Million
- TABLE 50 Russia Insulation Monitoring Systems Market by Vertical, 2024 - 2031, USD Million
- TABLE 51 Spain Insulation Monitoring Systems Market, 2020 - 2023, USD Million
- TABLE 52 Spain Insulation Monitoring Systems Market, 2024 - 2031, USD Million
- TABLE 53 Spain Insulation Monitoring Systems Market by Type, 2020 - 2023, USD Million
- TABLE 54 Spain Insulation Monitoring Systems Market by Type, 2024 - 2031, USD Million
- TABLE 55 Spain Insulation Monitoring Systems Market by Vertical, 2020 - 2023, USD Million
- TABLE 56 Spain Insulation Monitoring Systems Market by Vertical, 2024 - 2031, USD Million
- TABLE 57 Italy Insulation Monitoring Systems Market, 2020 - 2023, USD Million
- TABLE 58 Italy Insulation Monitoring Systems Market, 2024 - 2031, USD Million
- TABLE 59 Italy Insulation Monitoring Systems Market by Type, 2020 - 2023, USD Million
- TABLE 60 Italy Insulation Monitoring Systems Market by Type, 2024 - 2031, USD Million
- TABLE 61 Italy Insulation Monitoring Systems Market by Vertical, 2020 - 2023, USD Million
- TABLE 62 Italy Insulation Monitoring Systems Market by Vertical, 2024 - 2031, USD Million
- TABLE 63 Rest of Europe Insulation Monitoring Systems Market, 2020 - 2023, USD Million
- TABLE 64 Rest of Europe Insulation Monitoring Systems Market, 2024 - 2031, USD Million
- TABLE 65 Rest of Europe Insulation Monitoring Systems Market by Type, 2020 - 2023, USD Million
- TABLE 66 Rest of Europe Insulation Monitoring Systems Market by Type, 2024 - 2031, USD Million
- TABLE 67 Rest of Europe Insulation Monitoring Systems Market by Vertical, 2020 - 2023, USD Million
- TABLE 68 Rest of Europe Insulation Monitoring Systems Market by Vertical, 2024 - 2031, USD Million
- TABLE 69 Key Information - ABB Group
- TABLE 70 Key Information - Omron Corporation
- TABLE 71 Key Information - Schneider Electric SE
- TABLE 72 key information - HELLA GmbH & Co. KGaA
- TABLE 73 Key Information - Sensata Technologies Holdings PLC
- TABLE 74 Key Information - Texas Instruments, Inc.
- TABLE 75 key Information - Legrand S.A.
- TABLE 76 Key Information - Eaton Corporation PLC
- TABLE 77 Key Information - SOCOMEC Group S.A.
- TABLE 78 Key Information - HAKEL spol. s r.o.
