Insulation Monitoring Devices Market Is Forecast to Exceed CAGR of 4.82% during 2017-2021

About Insulation Monitoring Devices

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.

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

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.

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

• Americas

• APAC

• EMEA

Global Insulation Monitoring Devices Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendorsoperating in this market.

View summary of this report @ https://www.radiantinsights.com/research/global-insulation-monitoring-devices-market-2017-2021

Key vendors

• ABB

• Eaton

• Littelfuse

• Mitsubishi Electric

• Schneider Electric

Other prominent vendors

• Bender GmbH & Co. KG

• Cirprotec

• E. Dold & Sohne KG

• Hakel

• Martens (GHM Messtechnik GmbH)

• Megacon

• Ppo elektroniikka

• Siemens

• MUUNTOSaHKo OY - TRAFOX

• Viper innovations

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

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