Global Electrical Bushing Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2027
“Global Electrical Bushing Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2027” is a recent report generated by MarketResearch.biz, which offers in-depth insights, revenue details, and other vital information regarding the global electrical bushing market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global electrical bushing market report has been segmented on the basis of insulation type, voltage type, end user, and region.
Electrical bushings are insulated devices that allow electric conductor to bypass electric current safely through the grounded conductor barrier such as circuit breaker or transformer. The electrical bushings are generally made up of paper, porcelain, and resin insulation. Electrical bushes reduce stress in electric field thus not harmful to electric insulator. In addition, bushes are capable to hold high voltage that is generated when it passes through the ground i.e. electric field. Electrical bushes are divided on the basis of the voltage, for the voltage up to 100kv low voltage bushing such as porcelain bushings are used and for the voltage up to 800kv high voltage bushings such as condenser bushings are capable enough to protect high voltage extensions lines from electrical spark and current leakage.
Increasing demand for electrical bushing across various end-use application sectors such as transformer, switchgear, and circuit breaker is a major factor estimated to drive growth of the global market over the next 10 years. In addition, growing demand for the electrical equipment from various industries such as renewables and railways is another factor expected to support revenue growth of the global market over the next few years.
Various advantages offered by these materials such as reduced chances of fire explosion, reduced risk for oil leakage, no requirement of oil expansion chambers, and capability to withstand seismic activity is another factor anticipated to propel adoption of electrical bushing, which in turn is estimated to drive growth of the global market over the forecast period. In addition, growing demand for these bushes from energy, transport, and telecommunications industries is another factor expected to increase electrical bushing demand, which in turn projected to drive growth of the global market in the next few years.
On the basis of insulation type, oil-impregnated paper bushing segment is expected to dominate the global electrical bushing market over the forecast period. The oil-impregnated paper bushing segment revenue is also anticipated to register highest CAGR over the forecast.
On the basis of voltage type, the high voltage bushings segment is expected to account for major share in terms of revenue in the global market. The high voltage bushings segment revenue is also anticipated to register highest CAGR over the forecast.
On the basis of end user, the utilities segment is expected to account for significant share in terms of revenue in the global market. The utilities segment revenue is also anticipated to register highest CAGR over the forecast.
Asia Pacific electrical bushing market is expected to account for significant share in terms of revenue in the global market. The Asia Pacific market is also anticipated to register faster growth in terms of revenue over the next 10 years, owing to increasing focus towards combined insulation bushings and growing demand for HVDC transmission in the countries in this region. The market in China is anticipated to account for significant share in terms of revenue in the Asia Pacific market.
Global electrical bushing market segmentation:
Segmentation by insulation type:
- Liquid-insulated Bushing
- Oil-impregnated Paper Bushing
- Combined Insulation Bushing
- Gas-impregnated Bushing
Segmentation by voltage type:
- Low Voltage Bushings
- High Voltage Bushings
Segmentation by end user:
- Circuit Breakers
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Estimated Year 2020 Actual Year 2021 Forecast Period 2021–2030 Revenue in US$
- ABB Ltd.
- Siemens AG
- General Electric Company
- Eaton Corporation plc
- Bharat Heavy Electricals Limited
- Nexans S.A.
- CG Power and Industrial Solutions Limited
- Elliott Industries, Inc.
- GAMMA Insulator Company
- GIPRO GmbH
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