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Electrical Bushings Market by Type (Oil Impregnated Paper, Resin Impregnated Paper), Insulation (Porcelain, Polymeric, Glass), Voltage (MV, HV, EHV), Application (Transformer, Switchgear), End-User (Utilities, Industries), & Region-Global Forecast to 2023

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Date: 03-Apr-2018
No. of pages: 144
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“The electrical bushings market is projected to grow at a CAGR of 3.86%, from 2018 to 2023.”

The electrical bushings market is projected to reach USD 2.96 billion by 2023, from an estimated USD 2.45 billion in 2018, at a CAGR of 3.86%, from 2018 to 2023. This growth can be attributed to the rising demand for electrical equipment from end-users such as railways and the renewable sector and increasing expenditure on electrical networks. Untimely bushing failures can hinder the growth of the market.

“The transformer segment is expected to dominate the electrical bushings market, from 2018 to 2023.”

The transformer segment held the largest market share in 2017 and is estimated to be the fastest-growing segment during the forecast period. Bushing is the main component in transformers to withstand any voltage and mechanical and environmental stresses. The reduction of downtime in the event of transformer failure is the major factor driving the transformer segment.

“Asia Pacific: The fastest growing market for electrical bushings.”

Asia Pacific was the largest market for electrical bushings in 2017 and projected to grow at the highest CAGR, during the forecast period. China accounted for the largest share of the electrical bushings market in Asia Pacific region in 2017 and has the largest installed power generation and distribution capacity. Countries such as China, India, and Japan are driving the electrical bushings market in Asia Pacific. These countries are investing in grid expansion projects in order to increase distribution grid reliability. Moreover, South-East Asian countries in the region are augmenting their power generation capacities. All these factors are expected to drive the growth of the electrical bushings market in Asia Pacific.

Breakdown of Primaries:

In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:


  • By Company Type: Tier 1- 45%, Tier 2- 35%, and Tier 3- 20%

  • By Designation: C-Level- 15%, D-Level- 25%, and Others- 60%

  • By Region: Asia Pacific- 40%, North America- 25%, Europe-20%, Middle East & Africa-10%, and South America- 5%


Note: Others includes sales managers, marketing managers, product managers, and product engineers
Note: The tiers of the companies are defined on the basis of their total revenues as of 2017. Tier 1:>USD 10 billion, Tier 2: From USD 1 billion to USD 10 billion, and Tier 3:< USD 1 billion

The leading players in the electrical bushings market include ABB (Switzerland), Siemens (Germany),GE (US), Eaton (Ireland), and Nexans (France).

Research Coverage:

The report defines, describes, and forecasts the global electrical bushings market by type, insulation, voltage, application, end-user, and region. It also offers a detailed qualitative and quantitative analysis of the market. The report provides a comprehensive review of the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market. These include an analysis of the competitive landscape, market dynamics, market estimates in terms of value, and future trends in the electrical bushings market.

Why Buy this Report?


  • The report identifies and addresses key markets for electrical bushings, which would help manufacturers review the growth in demand.

  • The report helps system providers understand the pulse of the market and provides insights into drivers, restraints, opportunities, and challenges.

  • The report will help key players understand the strategies of their competitors better and will help in making strategic decisions.

Electrical Bushings Market by Type (Oil Impregnated Paper, Resin Impregnated Paper), Insulation (Porcelain, Polymeric, Glass), Voltage (MV, HV, EHV), Application (Transformer, Switchgear), End-User (Utilities, Industries), & Region-Global Forecast to 2023

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Definition
1.3 Market Scope
1.3.1 Market Segmentation
1.3.2 Regional Scope
1.4 Years Considered for the Study
1.5 Currency
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primaries
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown & Data Triangulation
2.4 Limitations
2.5 Assumptions

3 Executive Summary

4 Premium Insights
4.1 Electrical Bushings Market, By Country
4.2 Electrical Bushings Market, By Type
4.3 Electrical Bushings Market, By Insulation
4.4 Electrical Bushings Market, By Voltage
4.5 Electrical Bushings Market, By Application
4.6 Electrical Bushings Market, By End-User
4.7 Asia Pacific Electrical Bushings Market

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Growing Electrical Network Expenditure
5.2.1.2 Growing Demand for Electrical Equipment From End-Users Such as Railways and Renewables
5.2.2 Restraints
5.2.2.1 Untimely Bushing Failure
5.2.3 Opportunities
5.2.3.1 Focus Towards Combined Insulation Bushings
5.2.3.2 Growing Demand for HVDC Transmission
5.2.4 Challenges
5.2.4.1 Presence of A Large Number of Local and Regional Players

6 Electrical Bushings Market, By Type
6.1 Introduction
6.2 Oil Impregnated Paper (OIP)
6.3 Resin Impregnated Paper (RIP)
6.4 Others

7 Electrical Bushings Market, By Insulation
7.1 Introduction
7.2 Porcelain
7.3 Polymeric
7.4 Glass

8 Electrical Bushings Market, By Voltage
8.1 Introduction
8.2 Medium Voltage (1 kV to 72.5 kV)
8.3 High Voltage (72.5 kV to 220 kV)
8.4 Extra High Voltage (> 220 kV)

9 Electrical Bushings Market, By Application
9.1 Introduction
9.2 Transformer
9.3 Switchgear
9.4 Others

10 Electrical Bushings Market, By End-User
10.1 Introduction
10.2 Utilities
10.3 Industries
10.4 Others

11 Electrical Bushings Market, By Region
11.1 Introduction
11.2 Asia Pacific
11.2.1 By Type
11.2.2 By Insulation
11.2.3 By Voltage
11.2.4 By Application
11.2.5 By End-User
11.2.6 By Country
11.2.6.1 China
11.2.6.2 India
11.2.6.3 Japan
11.2.6.4 Australia
11.2.6.5 Rest of Asia Pacific
11.3 Europe
11.3.1 By Type
11.3.2 By Insulation
11.3.3 By Voltage
11.3.4 By Application
11.3.5 By End-User
11.3.6 By Country
11.3.6.1 Russia
11.3.6.2 Germany
11.3.6.3 UK
11.3.6.4 France
11.3.6.5 Rest of Europe
11.4 North America
11.4.1 By Type
11.4.2 By Insulation
11.4.3 By Voltage
11.4.4 By Application
11.4.5 By End-User
11.4.6 By Country
11.4.6.1 US
11.4.6.2 Canada
11.4.6.3 Mexico
11.5 Middle East & Africa
11.5.1 By Type
11.5.2 By Insulation
11.5.3 By Voltage
11.5.4 By Application
11.5.5 By End-User
11.5.6 By Country
11.5.6.1 Saudi Arabia
11.5.6.2 UAE
11.5.6.3 South Africa
11.5.6.4 Rest of the Middle East & Africa
11.6 South America
11.6.1 By Type
11.6.2 By Insulation
11.6.3 By Voltage
11.6.4 By Application
11.6.5 By End-User
11.6.6 By Country
11.6.6.1 Brazil
11.6.6.2 Argentina
11.6.6.3 Rest of South America

12 Competitive Landscape
12.1 Overview
12.2 Ranking of Players & Industry Concentration, 2017
12.3 Competitive Scenario
12.3.1 Contracts & Agreements
12.3.2 New Product Launches
12.3.3 Expansions
12.3.4 Mergers & Acquisitions

13 Company Profiles
Business Overview, Products Offered, Recent Developments, MnM View
13.1 Benchmarking
13.2 ABB
13.3 Siemens
13.4 GE
13.5 Eaton
13.6 Nexans
13.7 Bharat Heavy Electricals Limited
13.8 CG Power and Industrial Solutions
13.9 Elliot Industries
13.10 Gamma
13.11 Gipro GmbH
13.12 Hubbell
13.13 Polycast International
13.14 RHM International
13.15 Toshiba
13.16 Webster-Wilkinson

*Details Might Not Be Captured in Case of Unlisted Companies.

14 Appendix
14.1 Insights of Industry Experts
14.2 Discussion Guide
14.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
14.4 Introducing RT: Real-Time Market Intelligence
14.5 Available Customizations
14.6 Related Reports
14.7 Author Details

List of Tables

Table 1 Global Electrical Bushings Market Snapshot
Table 2 Characteristics of Porcelain Bushing and Combined Insulation Bushing
Table 3 Key HVDC Projects By ABB
Table 4 Electrical Bushings System Market Size, By Type , 2016–2023 (USD Million)
Table 5 Oil Impregnated Paper: Electrical Bushings Market Size, By Region, 2016–2023 (USD Million)
Table 6 Resin Impregnated Paper: Electrical Bushings Market Size, By Region, 2016–2023 (USD Million)
Table 7 Others: Electrical Bushings Market Size, By Region, 2016–2023 (USD Million)
Table 8 Electrical Bushings Market Size, By Insulation, 2016–2023 (USD Million)
Table 9 Porcelain: Electrical Bushings Market Size, By Region, 2016–2023 (USD Million) )
Table 10 Polymeric: Electrical Bushings Market Size, By Region, 2016–2023 (USD Million) )
Table 11 Glass: Electrical Bushings Market Size, By Region, 2016–2023 (USD Million)
Table 12 Electrical Bushings Market Size, By Voltage, 2016–2023 (USD Million)
Table 13 Medium Voltage: Electrical Bushings Market Size, By Region, 2016–2023 (USD Million)
Table 14 High Voltage: Electrical Bushings Market Size, By Region, 2016–2023 (USD Million)
Table 15 Extra High Voltage: Electrical Bushings Market Size, By Region, 2016–2023 (USD Million)
Table 16 Electrical Bushings Market Size, By Application, 2016–2023 (USD Million)
Table 17 Transformer: Electrical Bushings Market Size, By Region, 2016–2023 (USD Million)
Table 18 Switchgear: Electrical Bushings Market Size, By Region, 2016–2023 (USD Million)
Table 19 Others: Electrical Bushings Market Size, By Region, 2016–2023 (USD Million)
Table 20 Electrical Bushings Market Size, By End-User, 2016–2023 (USD Million)
Table 21 Utilities: Electrical Bushings Market Size, By Region, 2016–2023 (USD Million)
Table 22 Industries: Electrical Bushings Market Size, By Region, 2016–2023 (USD Million)
Table 23 Others: Electrical Bushings Market Size, By Region, 2016–2023 (USD Million)
Table 24 Electrical Bushings Market, By Region, 2016–2023 (USD Million)
Table 25 Asia Pacific: Electrical Bushings Market Size, By Type, 2016–2023 (USD Million)
Table 26 Asia Pacific: Electrical Bushings Market Size, By Insulation, 2016–2023 (USD Million)
Table 27 Asia Pacific: Electrical Bushings Market Size, By Voltage, 2016–2023 (USD Million)
Table 28 Asia Pacific: Electrical Bushings Market Size, By Application, 2016–2023 (USD Million)
Table 29 Asia Pacific: Electrical Bushings Market Size, By End-User, 2016–2023 (USD Million)
Table 30 Asia Pacific: Electrical Bushings Market Size, By Country, 2016–2023 (USD Million)
Table 31 China: Electrical Bushings Market Size, By End-User, 2016–2023 (USD Million)
Table 32 India: Electrical Bushings Market Size, By End-User, 2016–2023 (USD Million)
Table 33 Japan: Electrical Bushings Market Size, By End-User, 2016–2023 (USD Million)
Table 34 Australia: Electrical Bushings Market Size, By End-User, 2016–2023 (USD Million)
Table 35 Rest of Asia Pacific: Electrical Bushings Market Size, By End-User, 2016–2023 (USD Million)
Table 36 Europe: Electrical Bushings Market Size, By Type, 2016–2023 (USD Million)
Table 37 Europe: Electrical Bushings Market Size, By Insulation, 2016–2023 (USD Million)
Table 38 Europe: Electrical Bushings Market Size, By Voltage, 2016–2023 (USD Million)
Table 39 Europe: Electrical Bushings Market Size, By Application, 2016–2023 (USD Million)
Table 40 Europe: Electrical Bushings Market Size, By End-User, 2016–2023 (USD Million)
Table 41 Europe: Electrical Bushings Market Size, By Country, 2016–2023 (USD Million)
Table 42 Russia: Electrical Bushings Market Size, By End-User, 2016–2023 (USD Million)
Table 43 Germany: Electrical Bushings Market Size, By End-User, 2016–2023 (USD Million)
Table 44 UK: Electrical Bushings Market Size, By End-User, 2016–2023 (USD Million)
Table 45 France: Electrical Bushings Market Size, By End-User, 2016–2023 (USD Million)
Table 46 Rest of Europe: Electrical Bushings Market Size, By End-User, 2016–2023 (USD Million)
Table 47 North America: Electrical Bushings Market Size, By Type, 2016–2023 (USD Million)
Table 48 North America: Electrical Bushings Market Size, By Insulation, 2016–2023 (USD Million)
Table 49 North America: Electrical Bushings Market Size, By Voltage, 2016–2023 (USD Million)
Table 50 North America: Electrical Bushings Market Size, By Application, 2016–2023 (USD Million)
Table 51 North America: Electrical Bushings Market Size, By End-User, 2016–2023 (USD Million)
Table 52 North America: Electrical Bushings Market Size, By Country, 2016–2023 (USD Million)
Table 53 US: Electrical Bushings Market Size, By End-User, 2016–2023 (USD Million)
Table 54 Canada: Electrical Bushings Market Size, By End-User, 2016–2023 (USD Million)
Table 55 Mexico: Electrical Bushings Market Size, By End-User, 2016–2023 (USD Million)
Table 56 Middle East & Africa: Electrical Bushings Market Size, By Type, 2016–2023 (USD Million)
Table 57 Middle East & Africa: Electrical Bushings Market Size, By Insulation, 2016–2023 (USD Million)
Table 58 Middle East & Africa: Electrical Bushings Market Size, By Voltage, 2016–2023 (USD Million)
Table 59 Middle East & Africa: Electrical Bushings Market Size, By Application, 2016–2023 (USD Million)
Table 60 Middle East & Africa: Electrical Bushings Market Size, By End-User, 2016–2023 (USD Million)
Table 61 Middle East & Africa: Electrical Bushings Market Size, By Country, 2016–2023 (USD Million)
Table 62 Saudi Arabia: Electrical Bushings Market Size, By End-User, 2016–2023 (USD Million)
Table 63 UAE: Electrical Bushings Market Size, By End-User, 2016–2023 (USD Million)
Table 64 South Africa: Electrical Bushings Market Size, By End-User, 2016–2023 (USD Million)
Table 65 Rest of Middle East & Africa: Electrical Bushings Market Size, By End-User, 2016–2023 (USD Million)
Table 66 South America: Electrical Bushings Market Size, By Type, 2016–2023 (USD Million)
Table 67 South America: Electrical Bushings Market Size, By Insulation, 2016–2023 (USD Million)
Table 68 South America: Electrical Bushings Market Size, By Voltage, 2016–2023 (USD Million)
Table 69 South America: Electrical Bushings Market Size, By Application, 2016–2023 (USD Million)
Table 70 South America: Electrical Bushings Market Size, By End-User, 2016–2023 (USD Million)
Table 71 South America: Electrical Bushings Market Size, By Country, 2016–2023 (USD Million)
Table 72 Brazil: Electrical Bushings Market Size, By End-User, 2016–2023 (USD Million)
Table 73 Argentina: Electrical Bushings Market Size, By End-User, 2016–2023 (USD Million)
Table 74 Rest of South America: Electrical Bushings Market Size, By End-User, 2016–2023 (USD Million)
Table 75 Market Developments Between 2014 & 2017
Table 76 Contracts & Agreements, 2014-2017
Table 77 New Product Launches, 2017
Table 78 Expansions, 2013–2017
Table 79 Mergers & Acquisitions, 2015–2016

List of Figures

Figure 1 Electrical Bushings Market Segmentation
Figure 2 Electrical Bushings System Market Research Design
Figure 3 Bottom-Up Approach
Figure 4 Top-Down Approach
Figure 5 Data Triangulation Methodology
Figure 6 Assumptions for the Research Study
Figure 7 Asia Pacific Held the Largest Share in the Electrical Bushings Market in 2017
Figure 8 Resin Impregnated Paper Segment is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 9 Porcelain Segment Dominated the Electrical Bushings Market in 2017
Figure 10 Medium Voltage Segment is Expected to Dominate the Electrical Bushings Market From 2018 to 2023
Figure 11 Transformer Segment is Expected to Dominate the Electrical Bushings Market During the Forecast Period
Figure 12 Utilities Segment is Expected to Grow at the Fastest Rate in the Electrical Bushings Market During the Forecast Period
Figure 13 Attractive Opportunities in the Electrical Bushings Market, 2018–2023
Figure 14 China is Estimated to Grow at the Fastest Rate in the Global Electrical Bushings Market During the Forecast Period
Figure 15 Resin Impregnated Paper Segment is Expected to Grow at the Fastest Rate During the Forecast Period
Figure 16 Porcelain Segment is Expected to Dominate the Electrical Bushings Market During the Forecast Period
Figure 17 Medium-Voltage Segment Dominated the Market in 2017, While Asia Pacific Dominated the Medium-Voltage Segment in 2017
Figure 18 Transformer Segment to Grow at the Fastest Rate During the Forecast Period
Figure 19 Utilities Segment is Expected to Dominate the Electrical Bushings Market During the Forecast Period
Figure 20 China Accounted for the Largest Share of the Asia Pacific Electrical Bushings Market in 2017
Figure 21 Drivers, Restraints, Opportunities, and Challenges
Figure 22 Electrical Network Expenditure, By Region (%)
Figure 23 Global Installed Renewable Power Generation Capacity, By Region, 2015 & 2016
Figure 24 The Resin Impregnated Paper Segment is Expected to Grow at the Fastest Growth Rate in the Electrical Bushings Market During the Forecast Period
Figure 25 Polymeric is Expected to Be the Fastest Growing Segment in the Electrical Bushings Market During the Forecast Period
Figure 26 Asia Pacific: the Fastest Growing Electrical Bushings Market in the Porcelain Segment, 2018–2023
Figure 27 Electrical Bushings Market, By Voltage, 2017
Figure 28 Electrical Bushings Market Segment, By Application, 2017
Figure 29 Electrical Bushings Market, By End-User, 2018–2023 (USD Million)
Figure 30 Electrical Bushings Market, By Region, 2017
Figure 31 Regional Snapshot: the Market in Asia Pacific is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 32 Asia Pacific: Market Snapshot
Figure 33 Europe: Market Snapshot
Figure 34 Key Developments in Electrical Bushings Market, 2014–2017
Figure 35 ABB Led the Electrical Bushings Market in 2017
Figure 36 ABB: Company Snapshot
Figure 37 Siemens: Company Snapshot
Figure 38 GE: Company Snapshot
Figure 39 Eaton: Company Snapshot
Figure 40 Nexans: Company Snapshot
Figure 41 Bhel: Company Snapshot
Figure 42 CG Power and Industrial Solutions: Company Snapshot
Figure 43 Hubbell: Company Snapshot
Figure 44 Toshiba: Company Snapshot

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