Home > Energy & Power > Electrical Equipment > Electrical Bushings > Utility Scale Mineral-Based Electrical Bushing Market

Utility Scale Mineral-Based Electrical Bushing Market Size

Report ID: GMI11962
Published Date: Oct 2024
Report Format: PDF

Download Free Sample

Utility Scale Mineral-Based Electrical Bushing Market Size

The global utility scale mineral-based electrical bushing market was valued at USD 1.2 billion in 2023 and is set to witness more than 5.6% CAGR through 2032. The growing need for high-voltage transmission to support renewable energy and long-distance power delivery has increased demand for reliable mineral-based electrical bushings. These components, with their high dielectric strength and thermal stability, are vital for the efficiency and safety of large-scale power transformers and switchgear.

To get key market trends

Download Free Sample

Investments in grid upgrades, especially in emerging markets, are driving the utility-scale bushing market. Mineral-based bushings are popular due to their ability to handle high electrical stress. This makes them ideal for complex grid networks and smart grid systems. New technology is improving mineral-based electrical bushings, making them last longer and withstand harsh environments better. As a result, utility companies are choosing these new designs to make their power systems more reliable and resilient.

Utility Scale Mineral-Based Electrical Bushing Market Report Attributes
Report Attribute	Details
Base Year:	2023
Utility Scale Mineral-Based Electrical Bushing Market Size in 2023:	USD 1.2 Billion
Forecast Period:	2024 to 2032
Forecast Period 2024 to 2032 CAGR:	5.6%
2032 Value Projection:	USD 1.9 Billion
Historical Data for:	2021 to 2023
No. of Pages:	80
Tables, Charts & Figures:	20
Segments covered:	Insulation, Voltage and Application
Growth Drivers:	Refurbishment of existing grid networks Rapid smart grid adoption Escalating demand for reliable & continuous electricity
Pitfalls & Challenges:	Fluctuating raw material cost

Learn more about the key segments shaping this market

Download Free Sample

Authors: Ankit Gupta, Vinayak Shukla

Frequently Asked Questions (FAQ) :

The market size of utility-scale mineral-based electrical bushing was reached USD 1.2 billion in 2023 and is projected to grow at a 5.6% CAGR from 2024 to 2032, driven by the increasing need for high-voltage transmission to support renewable energy and long-distance power delivery.

The porcelain segment is expected to surpass USD 600 million by 2032, due to its durability and strength, making it ideal for high-voltage insulation in large-scale transformers and switchgear.

The switchgear segment is projected to grow at a CAGR of over 5.2% through 2032, driven by the expansion of high-voltage transmission networks and the integration of renewable energy.

The U.S. utility-scale mineral-based electrical bushing market is set to exceed USD 235.3 million by 2032, led by the push to integrate renewable energy into national grids, which boosts demand for high-voltage transmission infrastructure.

Key players in the industry include 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, and Siemens Energy.