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Polymeric Electrical Bushing Market Size
- Report ID: GMI8886
- Published Date: Apr 2024
- Report Format: PDF
Polymeric Electrical Bushing Market Size
Polymeric Electrical Bushing Market size was assessed at USD 1,378 million in 2023 and is envisioned to grow at a CAGR of 7.3% from 2024 to 2032. Over the past decade, the growing forces of globalization and the expanding global population have notably fueled the rise in global electricity demand. With flourishing GDPs in both developed and emerging economies, there has been a concurrent increase in the establishment of new industrial units, alongside a heightened emphasis on ensuring a dependable power supply.
Consequently, nations are prioritizing the enhancement of their current power supply infrastructure by deploying efficient, secure, and sustainable technologies. For instance, in April 2023, Siemens Smart Infrastructure unveils innovative solutions with the debut of SIBushing, a smart cable connection bushing, and SICAM FCM plus, a flexible short-circuit and earth-fault indicator.
| Report Attribute | Details |
|---|---|
| Base Year: | 2023 |
| Polymeric Electrical Bushing Market Size in 2023: | USD 1.37 Billion |
| Forecast Period: | 2024 to 2032 |
| Forecast Period 2024 to 2032 CAGR: | 7.3% |
| 2032 Value Projection: | USD 2.62 Billion |
| Historical Data for: | 2019 to 2023 |
| No. of Pages: | 400 |
| Tables, Charts & Figures: | 844 |
| Segments covered: | Bushing Type, Voltage, Application, End Use |
| Growth Drivers: |
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Frequently Asked Questions (FAQ) :
Polymeric Electrical Bushing Market Scope
