An electrical bushing is used to transmit electrical power in or out of enclosures, such as barriers, circuit breakers, shunt reactors, transformers, and power capacitors. The global electrical bushings market is estimated to reach $3.14 Billion by 2025 from $2.54 Billion in 2019 with a CAGR of 3.86% during the forecast period. The prominent factors leading the global electrical bushings market growth are increasing demand for electrical equipment from end users such as railways and infrastructure sectors, rising electrical network expenditure, and growing focus on renewable power generation. Despite these drivers, the major restraints hampering the market growth are untimely bushing failure and high competition of key players. Growing focus towards combined insulation bushings and growing demand for HVDC transmission are creating significant opportunities for the market growth during the forecast period 2019-2025.
Research Study Objectives:
- Define, estimate, and forecast the Electrical Bushings market statistics by type, insulation, voltage, application, end user, and regions concerning the individual growth drivers, market trends and their contribution toward the Electrical Bushings market growth
- Provides comprehensive information regarding the key factors influencing the market growth (Drivers, Restraints & Challenges, and Opportunities)
- Estimate & forecast the market size of all the segments concerning geographies including North America, Europe, Asia Pacific (APAC), South America and the Middle East and Africa (MEA).
- Recent competitive developments including M&A (Mergers and Acquisitions), Partnerships, and Product Innovations are provided in the Electrical Bushings Market Analysis
- Analysis and conclusions on the future Electrical Bushings market outlook.
Top-down and bottom-up approaches are used to validate the Electrical Bushings Market Size and are used to estimate the size of other dependent submarkets. Key players in the market are identified through various secondary sources;
databases including Bloomberg Businessweek, Hoovers, Factiva, journals and associations and the market revenues are estimated and are thoroughly validated through primary and secondary research. Secondary research involves the study of annual and financial reports of top players in the market, whereas primary research includes extensive interviews with the KoL’s such as CEOs, directors, board members, VP’s, sales managers, engineers, marketing executives, technicians, account managers, investors, strategic decision makers and others. The Electrical Bushings Market shares and breakdowns are determined using secondary sources and are verified by the primary sources. All possible parameters/factors that are affecting the Electrical Bushings market demand are covered in the research study are verified through primary research, analysed and interpreted to get the final qualitative and quantitative data. This data is collected and added with detailed analysis from Envision Inteligence and presented in this report.
The scope of the Report
The Electrical Bushings market segmentation is as follows:
By Type
- Oil Impregnated Paper
- Resin Impregnated Paper
- Others
By Insulation
- Porcelain
- Polymeric
- Glass
By Voltage
- Medium Voltage (1 – 72.5 KV)
- High Voltage (72.5 -220 KV)
- Extra High Voltage (>220 KV)
By Application
- Transformer
- Switchgear
- Others
By End User
- Utilities
- Industries
- Others
Geographical Analysis:
Electrical Bushings Market is segmented by geography into North America, South America, Europe, APAC and Middle East & Africa. U.S., Canada, Mexico and Costa Rica are analysed under North American region which is usually turning as the hotspot in the market. The South American region is further segregated into Brazil, Argentina, Chile, Columbia and some other emerging economies. In Europe, the market is extensively examined by covering U.K., Germany, France, Italy, Spain, Netherlands, Poland, Switzerland and some other promising economies. APAC is further categorised by countries into China, India, Japan, South Korea, Australia & New Zealand, Malaysia, Singapore and
many other emerging nations. In the Middle East & African region, Saudi Arabia, UAE, Iran, Iraq, Qatar, South Africa, Algeria, Morocco, Nigeria and so on countries are evaluated to understand the market growth lucidly.
Customization Options:
With the given research report, Envision Inteligence offers customisations as per the client’s specific requirements. The following customisation options offered for the Electrical Bushings Market include:
- Scope Revision
- Geographic Analysis
- Company Profiles
- Historical Data & Forecasting
- Key Contact Persons in companies
Global Electrical Bushings Market Research Report Includes:
- An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
- To have a complete market analysis through industry value chain analysis, Porter’s Five Force Model, PESTLE, SWOT analysis, and Y-o-Y analysis.
- Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
- Identifying DROC in the current market and their impact on altering market dynamics.
- Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial study with significant competitors.
- Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
- Identify the latest developments, market shares and strategies that are employed by the significant Electrical Bushings market players, such as
- Eaton Corporation PLC
- ABB Ltd
- Siemens AG
- Bharat Heavy Electricals Limited
- Elliot Industries, Inc.
- Along with these companies, many other companies are considered in the report while analysing the Global Electrical Bushings competitive strategies and environment. These companies held substantial share-owning to the nature of the industry whereas, the rest of the market shares are marginal chunks to regional and local level manufacturers. Other players also have considerable presence owing to its robust brand image, geographical reach and stable customer base.
