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Porcelain Electrical Bushing Market Trends

Report ID: GMI9083
Published Date: Apr 2024
Report Format: PDF

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Porcelain Electrical Bushing Market Trends

Porcelain electrical bushings exhibit resistance to corrosion and minimal leakage issues, making them less susceptible to temperature fluctuations. They offer dependable performance in challenging environments and are utilized in corrosive facilities, facilitating sustained operations at targeted voltages. These bushings play a crucial role in substations linking renewable energy installations like wind and solar farms to the grid. With the escalating proportion of renewable energy in the global energy portfolio, the need for porcelain bushings grows to aid the seamless integration of these energy sources into the grid.

Authors: Ankit Gupta, Vinayak Shukla

Frequently Asked Questions (FAQ) :

The market size of porcelain electrical bushing was reached USD 1.40 billion in 2023 and is estimated to grow at 6.6% CAGR till 2032, owing to the rapid acceleration of industrialization and urbanization.

The medium voltage segment in the porcelain electrical bushing industry is expected to grow at more than 6.3% CAGR from 2024 to 2032, due to their extensive utilization across industrial and commercial settings, where they are engineered to endure harsh conditions effectively.

North America porcelain electrical bushing market is anticipated to reach over USD 500 million by 2032, attributed to the growing emphasis on renewable energy sources like wind and solar power.

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, Maschinenfabrik Reinhausen GmbH, Nexans, Poinsa , Polycast among others.