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. Adapting
to the recent novel COVID-19 pandemic, the impact of the COVID-19
on Electrical Bushing Market is included in the present report. 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.
Scope of the Report
This research report
provides insights into various levels of analysis, such as industry analysis
and market share analysis for the leading industry competitors, along with
their profiles. It also helps in studying the target segments by providing
views on the emerging & high-growth segments. The market data comprises the
basic assessment of the competitive scenarios and strategies in the global
electrical bushing market, including high-growth regions and/or countries, and
political and economic environments. The project report further provides both –
historical market values and pricing & cost analysis
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