Global Electrical bushing Market
To strengthen the power supply in urban and growing in rural areas, Indian transformer bushing market is anticipated to gain healthy growth due to support by government in electric infrastructure. In Latin America, Brazil is foremost electricity market and in the coming years electric power sector is expected to receive significant investments during the forecast period. Europe and North America region are likely to trigger the demand for transformer bushings as increase in renewable energy projects.
Electricity is a major requirement for all the economies worldwide, and electrical bushings have enabled isolated countries and islands to meet their energy needs. Condenser bushing have been driving the growth of the global electrical bushing market, with the growing demand for grid distribution capabilities.
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The global electrical bushing market has been segmented based on insulation type, voltage type, end-user type and region. On the basis of insulation type, the market is segmented as liquid-insulated bushing, oil-impregnated paper bushing, combined insulation bushing, gas-impregnated bushing and others. oil-impregnated paper bushing segment had been dominating the market due to high voltage capability. On the basis of voltage type, the market is segmented as low voltage bushings, high voltage bushings. High voltage bushings had a larger market share in the year 2017 and is expected to dominate the global Electrical bushing market during the forecast period as high-power rating and stability in transmission. On the basis of End-User, the market is segmented as utilities, industries and others. Utilities segment dominates the global electrical bushing market as it has multiple uses in transformers and circuit breaker.
The global electrical bushing market is expected to grow at 3.5% CAGR during the forecast period.
Market Research Analysis
Asia-Pacific holds the largest market share whereas Europe region is the fastest growing region.
Asia-Pacific region is expected to dominate the market for electrical bushing market due to increased demand for power from renewable sources of energy. China is one of the largest users of electrical bushings in this region. World biggest DC transformer bushing is tested in china, the capacity of this bushing is around 1100kv. As there is tremendous investment in hydro-generated industry and this will drive the electrical bushing market.
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Scope of the Report
This report provides an in-depth analysis of the global electrical bushing market, tracking five market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, and share for North America, Europe, Asia-Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region.
The scope of the study segments the Electrical bushing market by insulation type, voltage type, end-user and by region.
By Insulation Type
Oil-Impregnated Paper Bushing
Combined Insulation Bushing
By Voltage Type
Low voltage bushings
High voltage bushings
Rest of the World
The key players of the global Electrical bushings market are ABB Group, TRENCH Group (SIEMENS), General Electric, Eaton, Elliot Industries, Gipro GMBH, RHM International, Toshiba, Webster-Wilkinson, Siemens (Germany), Nexans (France) are among others.
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