Industrial Silicon-Based Electrical Bushing Market Size - By Insulation, By Voltage, By Application Analysis, Share, Growth Forecast, 2024 – 2032

Industrial Silicon-Based Electrical Bushing Market Size

The global industrial silicon-based electrical bushing market size was valued at USD 171.8 million in 2023 and is expected to witness a CAGR of 7.6% between 2024 and 2032. Silicon-based bushings are gaining popularity in industry. They resist moisture and extreme temperatures well, making them ideal for tough environments. These bushings need less maintenance and last longer, saving time and money for businesses. Stricter global environmental rules are pushing the electrical bushing industry toward greener manufacturing. Silicon materials, prized for lasting long and being recyclable, support these sustainability efforts and help reduce environmental impact.
 

Smart grid projects, particularly in North America and Europe, are fueling demand for advanced silicon-based bushings. These bushings offer enhanced monitoring capabilities, aiding in data collection and diagnostics to improve grid performance. Smart grid projects, particularly in North America and Europe, are fueling demand for advanced silicon-based bushings. These bushings offer enhanced monitoring capabilities, aiding in data collection and diagnostics to improve grid performance.
 

Industrial Silicon-Based Electrical Bushing Market Trends

Industries need custom bushing solutions for specific uses. Manufacturers now offer tailored designs to meet exact voltage, current, and environmental needs. Recent improvements in silicon-based bushings enhance insulation, dielectric performance, and mechanical strength. These upgrades boost efficiency and make them more suitable for high-voltage uses. The global push for sustainability favors silicon-based bushings due to their recyclability and longevity. Manufacturers are embracing eco-friendly production, cutting waste, and meeting environmental standards. This trend gains importance as industries and governments seek to reduce emissions and adopt greener solutions.
 

Industrial Silicon-Based Electrical Bushing Market Analysis

The market is divided into categories based on insulation materials, including glass, polymeric, and porcelain. The porcelain segment is projected to surpass USD 106.8 million through 2032. Porcelain bushings are key components in high-voltage transmission and distribution networks, prized for their strong insulation and dielectric properties. As worldwide electricity needs grow, utilities are expanding their grids and investing in high-voltage projects. This trend is especially prominent in fast-growing industrial regions like Asia-Pacific and Latin America, spurring demand for reliable porcelain bushings.
 

The industrial silicon-based electrical bushing market is segmented by application into transformers, switchgear, and other categories. The switchgear segment is anticipated to experience a growth rate exceeding 7.1% through 2032. Silicon-based bushings are ideal for switchgear due to their excellent heat resistance and insulation. These qualities help handle the high temperatures and voltage changes in switchgear, making them popular for high and medium-voltage equipment. The material's ability to withstand heat-related expansion and shrinking reduces wear, ensuring long-lasting performance in industrial and utility settings.
 

The U.S. industrial silicon-based electrical bushing market is projected to exceed USD 43.2 million by 2032. Much of the U.S. power grid is old and needs upgrades. As utilities and factories update their systems, they're turning to better bushings. Silicon-based options are becoming popular, offering better insulation and lasting longer than old porcelain types. This matters most for high-voltage systems where reliability is key.
 

Europe's power grid is modernizing to meet carbon reduction and energy efficiency goals. Silicon-based bushings are key to this effort, providing insulation and durability in high and medium-voltage equipment. As Europe invests in advanced grid infrastructure, these bushings are increasingly used in upgraded substations and transformers across the continent.
 

Industrial Silicon-Based Electrical Bushing Market Share

ABB is a leading force in the industrial silicon-based electrical bushing industry, known for its wide range of both standard and custom bushing solutions. With deep roots in the electrical equipment sector, ABB consistently delivers specialized bushing options to fulfill varied application requirements.
 

Industrial Silicon-Based Electrical Bushing Market Companies

Some of the key market players operating across the industrial silicon-based electrical bushing industry are:

• ABB
• Barberi
• CG Power
• Eaton
• Elliot Industries
• General Electric
• GIPRO
• Hitachi Energy
• Hubbell
• Jiangxi Johnson Electric
• Liyond
• Maschinenfabrik Reinhausen
• Meister International
• Nexans
• PFISTERER
• Poinsa
• Polycast
• Siemens Energy
   

Industrial Silicon-Based Electrical Bushing Industry News

• In February 2024, Jiangxi Electric has begun construction at its Qiangsheng Electric Porcelain factory, highlighting its commitment to enhancing and growing its electric porcelain manufacturing capabilities. This initiative supports Qiangsheng Electric Porcelain Factory’s goal to advance the industry and meet changing market demands.
   
• In November 2023, Hitachi’s Vadodara facility received a Recognition Award from its key partner, BHEL, in appreciation of its electrical bushings. Presented by India’s Minister of Heavy Industries, this award underscores Hitachi Energy’s commitment to quality, innovation, and support for the "Make in India" initiative.
   

The industrial silicon-based electrical bushing market research report includes an in-depth coverage of the industry with estimates & forecast in terms of volume & revenue in ‘000 Units & USD Million from 2021 to 2032, for the following segments:

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Market, By Insulation

• Porcelain
• Polymeric
• Glass

Market, By Voltage

• Medium voltage
• High voltage
• Extra high voltage

Market, By Application

• Transformer
• Switchgear
• Others

The above information has been provided for the following regions and countries:

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • France
  • Russia
  • UK
  • Italy
  • Spain
  • Netherlands
• Asia Pacific
  • China
  • Japan
  • South Korea
  • India
  • Australia
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • South Africa
• Latin America
  • Brazil
  • Argentina