Electrical bushing are
insulated devices which are used in high voltage transmission so as to avoid
current leakage. Due to its composition and rigid design these devices are most
effective in electrical application which are driving factor in this market.
Many isolated countries and island are meeting their electrical energy needs
through electrical bushing. Technological developments in electrical bushing
like reducing the diameters of the porcelain housings to make them slimmer and
also lighter has helped in transport and installation of bushings which have
resulted in growth in market. The Global
Electrical Bushing Market is estimated to grow at 3.5% CAGR during the
forecast period.
According to the recent
study 2017, ABB has successfully tested the direct current (DC) transformer
bushing developed for ultra-high voltage direct current. The capacity of this
bushing is around 1100 kv which is installed in china for hydro-generated
electricity.
Industry Segmentation
The Oil-Impregnated Paper
Bushing segment has dominated having highest share due to reduction in diameter
and lighter weight which is easy to transport and install. The cost involved in
installing high voltage direct current line is lower than that involved in
installing an alternating current line.
China has accounted largest
installed power stations and power transmission system. In south east Asian
countries development and advancement in power distribution expected to drive
the electrical bushings market in Asia Pacific region.
Regional Analysis
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.
Prominent Players
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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