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Utility Scale Silicon-Based Electrical Bushing Market Share

Report ID: GMI12048
Published Date: Oct 2024
Report Format: PDF

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Utility Scale Silicon-Based Electrical Bushing Market Share

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ABB is a major player in the utility-scale silicon-based electrical bushing industry, recognized for its extensive selection of electrical bushings, offering both standard and custom designs. With a longstanding presence in the electrical equipment industry, ABB reliably provides tailored bushing solutions to meet diverse application needs.

Utility Scale Silicon-Based Electrical Bushing Market Companies

Some of the key market players operating across the industry are:

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
Siemens Energy

Authors: Ankit Gupta, Vinayak Shukla

Frequently Asked Questions (FAQ) :

The market size of utility-scale silicon-based electrical bushing reached USD 377.4 million in 2023 and is anticipated to grow at a 6.8% CAGR from 2024 to 2032, driven by the rise of renewable energy sources like wind, solar, and hydropower.

The transformer segment is forecasted to grow at a CAGR of more than 5.9% through 2032, as utilities invest in high-voltage transformers to meet rising electricity demand.

The U.S. market is expected to surpass USD 89.4 million by 2032, led by the need to upgrade the aging electrical grid and comply with stringent environmental regulations.

The key players in the market include ABB, Barberi, CG Power, Eaton, Elliot Industries, General Electric, GIPRO, Hitachi Energy, Hubbell, Jiangxi Johnson Electric, Liyond, Maschinenfabrik Reinhausen, and Meister International.