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.
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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.
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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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