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.
The sudden challenges created by the ongoing COVID-19
are captured effectively to exhibit the long term growth projections in the
MRFR report on Electrical Bushing Market. The growth sectors of the Electrical
Bushing Market are identified with precision for a better growth perspective.
Industry Segmentation
The global Electrical
bushing market analysis 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.
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.
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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