Porcelain Electrical Bushing Market Size – By Bushing Type, By Voltage, By Application, By End Use, Analysis, Share, Growth Forecast, 2025 – 2034

Porcelain Electrical Bushing Market Size

The global porcelain electrical bushing market was estimated at USD 1.5 billion in 2024 and is expected to reach USD 2.8 billion by 2034, growing at a CAGR of 6.4% from 2025 to 2034. The surge in electricity demand, along with growing considerations for refurbishing and expanding power systems. Furthermore, the rapid acceleration of industrialization and urbanization has resulted in a considerable increase in electricity demand, thereby placing significant emphasis on the rapid expansion of transmission and distribution systems.
 

Growth of renewable energy projects is increasing the demand for porcelain electrical bushings. These components are fundamental for connecting renewable energy sources to the power grid, as they serve as reliable insulation. The need for efficient and stable energy transmission between the transformer and external circuits is driving the adoption of porcelain electrical bushings in new and upgraded electrical infrastructure projects.
 

The rising demand to restore current electrical systems, alongside significant investments in grid infrastructure, is set to boost business prospects. The lack of efficient electric networks in developing nations, along with a push to improve existing infrastructure in developed countries, has encouraged a promising business landscape. For instance, in 2024, more than 800 grid modernization were undergoing in the U.S.
 

Moreover, owing to rising focus on reduction in greenhouse gas elimination the rise in investment in renewable energy sector by different countries is expected to increase the demand for porcelain electrical bushing. For instance, in 2024, Australia recorded 9 billion investments for generating renewable energy of around 23 GW capacity and battery of around 9GW capacity. In addition, growth in the number of EV charging stations spontaneously increases demand for porcelain electrical bushings.
 

For instance, in 2022, more than 850,000 new public charging infrastructures for EV were installed worldwide, thus recording the number of public EV charging stations more than 2.5 million and is estimated to cross 12 million by 2030. Porcelain electrical bushings are used in high voltage transformers and switchgear to reduce charging time and durability of charging infrastructures.
 

Porcelain Electrical Bushing Market Trends

The porcelain electrical bushing industry has been registering positive trends owing to rising need for effective energy management from various end users such as EV infrastructures, substations, green energy generation plants and others. This progresses various innovative initiations in the industry. Development of an eco-friendly and smart porcelain electrical bushings being some of these innovations in the field. Replacement of mineral oil  with natural ester oil in the transformer systems that include bushing is being adopted massively. Natural ester oils are biodegradable and are less harmful than mineral oil used in the bushings and other electrical equipment.
 

Moreover, the demand for porcelain electrical bushing is predicted to grow due to rising smart grids and smart meters integration. For instance, more than 130.2 million smart electricity meters were installed in the U.S as of 2023. Additional spending towards automation of power systems is also expected to increase the adoption of porcelain electrical bushings.
 

For instance, in August 2024, government of the U.S. set forth the investment of USD 2.2 billion for restoration of power grids. Similarly, National Grid announced the investment of more than USD 43 billion by March of 2031 to upgrade electricity grid in UK. Such technological innovation increases demand for porcelain electrical bushings for grids to optimize the energy flow will rise the growth of market in focus.
 

To further promote the goal of environmental preservation across globe and reduce the carbon footprint many companies are using sustainable materials as coating in porcelain electrical bushings. Furthermore, manufacturers are majorly concerned on decreasing waste production and introduce economical manufacturing method. For reference, adoption of closed loop water and energy recycling process. These initiatives decreases the waste material production while manufacturing process. It is cost-effective due to cost saving in response to newly exploring for materials.
 

Additionally, porcelain electrical bushing integrated with IoT is widely spreading. The technology is used while manufacturing the porcelain electrical bushings to provide real time data and prevent any future failures or errors before the occurrence and suggest improvements. Such initiatives would help company’s to capture cost-sensitive user target.
 

Porcelain Electrical Bushing Market Analysis

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Based on voltage, the market is segmented into medium voltage, high voltage and extra high voltage. The porcelain electrical bushing industry reached USD 1.3 billion, USD 1.4 billion and USD 1.5 billion in 2022, 2023 and 2024 respectively.  
 

• The medium voltage segment is predicted to reach over USD 700 million by 2034. The rising adoption of clean energy and electric vehicle and metro are rising demand for medium voltage porcelain electrical bushing. Due to the simple design of medium voltage porcelain electrical bushing can detect faults at faster rate and are effective in protecting distribution networks and industrial systems they are more commonly used in distribution networks in industrial environment.
   
• The high voltage porcelain electrical bushing is more complex than medium range porcelain electrical bushing and are developed to withstand harsh environmental conditions, making them perfect choice for solar energy and EVs. Rising shift towards clean energy also increasing demand for high voltage porcelain electrical bushing in modern grids.
   
• For instance, in 2023, the renewable energy generation witnessed 36% growth in generation capacity as compared to the renewable energy generation capacity in 2022. Thus recorded 473 GW capacity renewable energy generation worldwide in 2023. Additionally, the renewable energy source accounted for nearly 28%-32% of total electricity generated in 2023 across the globe.   
   
• Wherein, extra high voltage is complex in design and is expensive as compared to medium and high voltage porcelain electrical bushing. Thus, making them an ideal choice for large-scale transformer, transmission grid range, substations and power plants for large metropolitan and industrial areas.
   
• These electrical bushings are used in transformers and can avoid any major power outage. Increasing power outage due to faulty transmission lines increases demand for high voltage porcelain electrical bushing.
   
• For instance, in November 2024, different areas of Nigeria registered severe power outages caused by fault in transmission lines. Such instances highlight the high requirement in upgrading transmission infrastructure thus rising demand for high voltage porcelain electrical bushings.
   

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The porcelain electrical bushing market by end use is segmented into industries, utility and others. The utility segment is accounted for over 62.5% market share in 2024.
 

• Rising demand for upgrading of old grids into modern grid and favorable government initiatives will also increase the demand for porcelain electrical bushing in utility end use segment. For instance, in September 2024, U.S. DOE introduced grid modernization Strategy 2024, defining procedure for grid modernization across the country.
   
• Furthermore, rising power outage cases due to several circuit and transmission faults and other factors are increasing demand for efficient error monitoring to receive uninterrupted energy flow. Porcelain electrical bushings help to isolate these errors and offer solutions to avoid any damages.
   
• For instance, in January 2025, a major winter storm costed loss of power for over 190,000 U.S. households in the central and eastern side of the country. Such instances will increase demand for porcelain electrical bushing in utility end use segment during forecast period.
   
• Due to growth in the introduction of EV owing to increasing adoption of ecologically friendly transportation and supportive government policies in the field, the porcelain electrical bushing industry is expected to witness higher demand from industrial segment.
   
• For instance, in 2023, more than 13 million electric cars were purchased globally showcasing 33% Y-o-Y growth. Thus, recording 40 million total number of electric cars on the road by end of 2023.
   

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• The porcelain electrical bushing market in U.S. reached USD 302.3 million, USD 323.9 million and USD 346.4 million in 2022, 2023 and 2024 respectively. Favorable government initiatives for energy efficiency and investment in smart grid adoption across the nation are driving demand for porcelain electrical bushing for utility setting.
   
• Furthermore, positive investment into EV infrastructure such as EV charging station in the country due to rising EV sales also increases demand for GCBs for EV charging stations. For instance, as of early January 2025, U.S. recorded more than 190,000 public EV charging points with nearly 1,000 new public chargers being installed weekly.
   
• Favorable government and company-initiated investment scenario towards grid modernization in Europe is driving the growth of porcelain electrical bushing market in the region. For instance, in December 2024, ScottishPower announced investment plans of more than USD 10 billion for substation and grid modernization to connect 19 GW of green power for the year 2026 to 2031.
   

Porcelain Electrical Bushing Market Share

Top 5 companies including ABB, Eaton, General Electric, Siemens Energy, and Hitachi Energy held a market share of over 40% in 2024. Many market players are operating in porcelain electrical bushing industry and players are working to develop cost-effective and eco-friendly porcelain electrical bushings.
 

Among these companies ABB is one of the largest share holding company in the porcelain electrical bushing market. Owing to its wide product offerings, well-established clientele and strategic partnership with clients to offer eco-friendly porcelain electrical bushing along the side of standard solutions. The demand for porcelain electrical bushing is expected to boost as the renewable energy and electricity demand constantly grow, especially in emerging countries such as China, and India.
 

Moreover, supportive government regulations in the developing and developed countries, rising adoption of renewable energy, positive electrification of automotive industry and affordable labor cost further decreases prices of porcelain electrical bushing and helps with strong uphold of market in the cost-sensitive group of consumers. Other major companies including Eaton, General Electric, Siemens Energy, and Hitachi Energy are also poised to target significant share of the market in focus, particularly in power grid and substations target group and energy storage systems sectors.
 

Porcelain Electrical Bushing Market Companies

Some of the key players operating across the porcelain electrical bushing industry are:

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

• ABB is a Swidish multinational electrical engineering company. The company holds significant market share in porcelain electrical bushing industry. The company registered around 9% to 9.5% revenue growth in 2023 from 2022 crossing USD 32 billion.
   
• Siemens a Germany headquartered multinational company with global footprint in energy, automation, and digitalization business segments. The company registered a revenue of USD 83 billion in 2023. In addition, the company is partnering with local utilities and industrial leaders in grid modernization to expand client range for porcelain electrical bushing.
   
• Eaton is Ireland based multinational company that held around USD 25 billion revenue in 2023. The company has recently introduced an advanced solution to enhance the durability and expansion in emerging countries.
   
• General Electric is a U.S. based multinational company dealing in different business segment such as aviation, renewable energy and power. The company witnessed around 17% increase in revenue recording USD 68 billion in 2023.
   
• Hitachi a Japanese global company operating in IT service, industrial products, energy and others. In 2023, the company registered revenue accounted more than USD 85 billion revenue. The company is investing to expand its clientele by customizing the product which captures revenue growth.
   

Porcelain Electrical Bushing Industry News

• In February 2025, Transformers & Rectifiers (India) Ltd (TRAIL) announced the launch of 245 kV high voltage electrical bushings along the side of its backward integration. The new product is developed by sustainable materials to offer RIP electrical bushing in critical environmental conditions.
   
• In May 2024, Hitachi Energy launched its GOB+ OIP Transformer Bushings range at CWIEME Berlin 2024. The newly introduced range of electrical bushing uses robust insulation technology, wider voltage and current range and simplified design.
   
• In February 2024, Jiangxi Johnson Electric Co., Ltd. has announced the official start of construction at their Qiangsheng Electric Porcelain Factory. This milestone marks a new chapter for the factory, highlighting its dedication to growth and innovation in the electric porcelain manufacturing sector.
   
• In April 2023, Eaton has announced its successful acquisition of a stake in Jiangsu Ryan Electrical Co. Ltd., a company specializing in power distribution systems and sub-transmission transformers. This strategic acquisition boosts Eaton's global presence and fortifies its position in the energy, utility, and industrial sectors.
   

The porcelain electrical bushing market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue and volume (USD Million and ‘000 Units) from 2021 to 2034, for the following segments:

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Market, By Bushing Type

• Oil Impregnated Paper (OIP)
  • Mineral-Based
  • Silicon-Based
  • Others 
• Resin Impregnated Paper (RIP)
• Others

Market, By Voltage

• Medium Voltage
• High Voltage
• Extra High Voltage

Market, By Application

• Transformer
• Switchgear
• Others

Market, By End Use

• Industries
• Utility
• Others

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

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