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Industrial Silicon-Based Electrical Bushing Market Share

Report ID: GMI12094
Published Date: Nov 2024
Report Format: PDF

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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

Authors: Ankit Gupta, Vinayak Shukla

Frequently Asked Questions (FAQ) :

The market size of industrial silicon-based electrical bushing reached USD 171.8 million in 2023 and is set to grow at a 7.6% CAGR from 2024 to 2032, driven by the increasing adoption of silicon-based bushings due to their resistance to moisture and extreme temperatures.

The porcelain segment is projected to surpass USD 106.8 million by 2032, facing challenges such as the need for strong insulation and dielectric properties in high-voltage transmission and distribution networks.

The switchgear segment is anticipated to experience a growth rate exceeding 7.1% through 2032, propelled by the excellent heat resistance and insulation properties of silicon-based bushings.

The U.S. market is projected to exceed USD 43.2 million by 2032, led by the need to upgrade the aging power grid and the superior insulation properties of silicon-based bushings.