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Medium Voltage Electrical Bushing Market Trends

Report ID: GMI9678
Published Date: May 2024
Report Format: PDF

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Medium Voltage Electrical Bushing Market Trends

Recent developments in materials science and manufacturing processes have led to the production of high-performance bushings with enhanced durability, insulation properties, and operational efficiency. Innovations such as composite and hybrid insulators are gaining traction, offering improved mechanical strength and environmental resistance. Stringent regulatory standards and guidelines are influencing the design and manufacturing of medium voltage bushings. Compliance with international standards such as IEC, ANSI/IEEE, and others ensures product safety, reliability, and performance. Companies are investing in certification and testing to meet these regulatory requirements, driving market growth.

Authors: Ankit Gupta, Vinayak Shukla

Frequently Asked Questions (FAQ) :

The market size of medium voltage electrical bushing was reached USD 1.05 billion in 2023 and is projected to grow at 7.1% CAGR through 2032, owing to the increasing adoption of smart grid technologies.

The resin impregnated paper segment in the medium voltage electrical bushing market will surpass USD 230.5 million by 2032, as innovations in resin formulations and impregnation techniques are enhancing the performance and reliability of RIP bushings.

The Asia Pacific medium voltage electrical bushing market is expected to exceed over USD 750 million by 2032, attributed to the rapid urbanization and industrialization.

ABB, Barberi Rubinetterie Industriali S.r.l., CG Power and Industrial Solutions, Eaton, Elliot Industries, General Electric, GIPRO, Hitachi Energy, Hubbell, Jiangxi Johnson Electric Co.,Ltd. Liyond, Meister International, LLC, and Maschinenfabrik Reinhausen GmbH.