Global Electrical Bushings Market - Growth, Trends, and Forecast (Outlook to 2028)

Global Electrical Bushings Market - Growth, Trends, and Forecast (Outlook to 2028)

Updated on 26th May 2023 | Market Research Reports | Q2 2023 | Report ID: BR0287

About the Report

Global Electrical Bushings Market Growth is driven by Factors like the growth of the energy transmission and distribution network and growing power demand. Furthermore, rising renewable energy penetration and an increasing emphasis on R&D in electrical utilities will have a beneficial impact on the industry.

 

Rising expenditures in the maintenance and renovation of existing power grid infrastructure and regulatory initiatives aimed at energy optimization will drive the expansion of the electrical bushing industry.

 

Electrical bushings are critical components in various electrical equipment, including power transformers that fulfill the crucial role of transporting high-voltage current into equipment casings. They serve this purpose by acting as an insulator between the live conductor and the electrical equipment's metallic (conducting) body (which is at ground potential).

 

Electrical bushings in transformers transport high-voltage current through equipment enclosures while also acting as an insulator between the live conductor and the electrical apparatus's metallic (conducting) body. They aid in lowering the risk of fire, and in the case of a severe transformer breakdown, this seals the transformer.

 

Bushings were hollow porcelains filled with transformer oil or solid resin that encased the conductor. Such basic bulk and solid type bushings are still used at medium voltages. However, as networks got more complex, the necessity to effectively spread the electric field created over a bushing – particularly at high voltages – became apparent.

 

This led to the creation of capacitance-graded designs. The fundamental idea was to spread the natural field between the conductor and the earthed flange by using intermediary conductive layers both radially (to decrease the field at the conductor and make better use of the insulation material) and axially (to allow for higher flashover voltage values for a given arcing distance).

 

Air-to-oil (used in outdoor air-insulated substation (AIS) equipment like transformers and shunt reactors), air-to-gas (used in gas-insulated substations (GIS) and SF6 circuit breakers), and air-to-air are the most prevalent uses for bushings (used for outdoor to indoor connections, e.g., wall bushings)

 

Key Opportunities

  • In recent years, there has been a growth in the usage of HVDC-based transmission and an increase in UHV AC voltage levels. Simultaneously, environmental demands for the development of oil-free, low or SF6-free high voltage substations are opening new prospects for the sector.
  • There is an increase in power grid infrastructure internationally, offering electric bushing manufacturers and suppliers an opportunity.
  • As the transformers industry expands, the electrical bushings market expands, as it is ancillary to the transformers business.

 

The market is divided into R.I.P (Resin Impregnated Paper), O.I.P (Oil Impregnated Paper), Hybrid, SF6 Insulated, based on technology. 

 

The Global Electrical Bushings market research by Blackridge Research provides insights into the current global and regional market demand environment and its prognosis. The study provides a detailed examination of the many factors driving the growth of the Electrical Bushings business. The study also thoroughly investigates the load break switch market by region (North America, Europe, ACAP, and the Rest of the World).

 

In addition, the research analyses present and prospects, market trends, advances, and the impact of Covid-19 on the Electrical Bushings Market, as well as significant commercial developments, trends, regional, and segment positioned for the fastest-growing, competitive landscape. Furthermore, the size of the Electrical Bushings Market, demand forecast, growth rates, and trade (imports and expo) were included in the report.

  Table of Contents

1. Executive Summary

2. Research Scope and Methodology

3. Market Analysis

  • 3.1 Introduction
  • 3.2 Market Dynamics
    • 3.2.1. Drivers
    • 3.2.2 Restraints
  • 3.3 Market Trends & Developments
  • 3.4 Analysis of Covid-19 Impact
  • 3.5 Market Opportunities
  • 3.6 Market Size and Forecast

4. Industry Analysis

  • 4.1 Supply Chain Analysis
  • 4.2 Porter’s Five Forces Analysis

5. Market Segmentation & Forecast

  • 5.1 By Technology
    • 5.1.1 R.I.P (Resin Impregnated Paper)
    • 5.1.2 O.I.P (Oil Impregnated Paper)
    • 5.1.3 Hybrid
    • 5.1.4 SF6 Insulated

6. Regional Market Analysis

  • 6.1 North America
  • 6.2 Europe
  • 6.3 Asia-Pacific
  • 6.4 Rest of the World

7. Key Company Profiles

  • 7.1 General Electrical Company
  • 7.2 Siemens AG
  • 7.3 Hitachi ABB Power Grids
  • 7.4 Bharat Heavy Electricals Limited
  • 7.5 Eaton Corporation Inc.

8. Competitive Landscape

  • 8.1 List of Notable Players in the Market
  • 8.2 M&A, JV, and Agreements
  • 8.3 Market Share Analysis
  • 8.4 Strategies of Key Players

9. Conclusions and Recommendations

List of Tables & Figures

Abbreviations

Additional Notes

Disclaimer

  This report helps to:-

  • Gain a deeper understanding of the impact of COVID-19 on the global Electrical Bushings Market.  
  • Equip yourself with rigorous analysis and forward-looking insight into the Electrical Bushings Market.
  • Gain an understanding of uncertainty and discover how the most influential growth drivers and barriers in the country will impact market development.
  • Evaluate the attractiveness of the industry and gain a comprehensive view of the emerging market trends and developments to identify opportunities and develop a strategy.
  • Discover information on government policy, regulation, and targets in the country
  • Gain perspectives and insights about the current state of the industry and how the market is likely to evolve in the next five years.
  • Keep abreast of the project activity and developments in the country.
  • Understand the market and its participants to make the best strategic decisions

  Who need this report?

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  • Contract Manufacturers & Suppliers
  • Electric Utilities
  • Raw Materials & Component Suppliers
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  What's included

Report - Global Electrical Bushings Market Outlook to 2028.pdf
Market Data - Global Electrical Bushings Market Outlook to 2028.xls

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  • Gain a deeper understanding of the impact of Covid-19 on the <Global Electrical Bushings Market>.
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  • Gain an understanding of uncertainty and discover how the most influential growth drivers and restraints in the regions will impact market development.
  • Assess market size data and forecasts to understand how the demand across various segments evolves over the next few years.
  • Gain a comprehensive view of the emerging market trends and developments to assess market opportunities.
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  • Keep on top of M&A developments, JVs, and other agreements to assess the evolving competitive landscape and enhance your competitive position

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