HV Bushing Market Analysis and In-Depth Analysis on Market Dynamics, Emerging Trends, Growth Factors and Sales Forecast to 2023

Market Scenario:

An HV Bushing is mainly used in an electrical equipment, where it is means for passing an electrical conductor through a grounded object without causing short circuit. As the electrical strength varies in the conductor due to frequency fluctuation, leakage paths may develop within the insulation. If this leakage overcomes the dielectric strength of the insulation, it may puncture the insulation and permits the current to conduct the nearest earthed material causing burning and arching. The Global HV Bushing Market is driven by the increasing need of reliable electric supply & subsequent investment in transmission & distribution network, grid expansion, and developing safe electrical infrastructure.

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Bushings are widely accepted across the world in various industrial & commercial sectors as safety devices. A bushing is usually a hollow ceramic tube, through which conductor passes. Bushing provides rigid support to the conductors from inside. Bushings are primarily found in circuit breakers, alternators, motors and capacitors. Also, HV Bushings are filled with insulating media such as oil, resin impregnated paper, and oil impregnated paper to provide greater dielectric strength which makes them permeable for installation in various utilities and in the industrial sector. The constant need for electricity and the worldwide growth in grid infrastructure, will aid in the growth of Global HV bushing Market over the forecast period. However, Fluctuation in material costs and R&D in modern HV Bushing are expected to restrain the Global HV Bushing Market.

The market is expected to grow at a CAGR of 6.5% during the forecast period.

Global HV Bushing Market:

The Global HV Bushing Market is driven by the need for reliable electric supply, maximum safety in transmission & distribution network, and also investments into the replacement of matured electric grid structures with modern upgraded ones. The Asia-Pacific region is the leading market for HV bushings. Rapid industrialization, urbanization, and the fast economic growth in countries such as India and China, will drive the market for HV bushings.

Key Players:

The key players of Global HV Bushing Market are General Electric (U.S.), Siemens AG (Germany), Crompton Greaves (India), Hubbell Incorporated (U.S), Webster-Wilkinson Ltd. (U.K), Warco, Inc. (U.S), ABB Ltd. (Switzerland), Meister International, LLC (U.S), The H-J Family of Companies (U.S) and ELANTAS GmbH (Germany).

Intended Audience:

Distributer & Supplier companies
End Users
Consultants and Investment bankers
Government as well as Independent Regulatory Authorities

Product Analysis:

Product matrix which gives a detailed comparison of the market for different recycled product types

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Additional Information:

Regulatory Landscape
Pricing Analysis
Macroeconomic Indicators

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