Electrical bushing market size to grow by USD 666.59 million between 2022 and 2027; Increasing investment in renewable energy sources identified as primary trend - Technavio

NEW YORK, March 23, 2023 /PRNewswire/ -- The electrical bushing market size is forecast to increase by USD 666.59 million between 2022 and 2027, and the growth momentum will accelerate at a CAGR of 4.46% during the forecast period. Increasing investment in renewable energy sources is identified as one of the major trends in the market. Growing concerns over greenhouse gas emissions have increased investments in renewable energy sources. Many countries are moving toward the adoption of renewable energies such as wind and solar to meet their carbon emission goals and reduce dependency on fossil fuels. In addition, the growing global demand for energy and increasing R&D investments in renewable energy will also foster market growth over the forecast period. Charts & data tables about market and segment sizes for a historic period of five (2017-2021) years have been covered in this report. Download The Sample Report

Vendor Analysis

The global electrical bushing market is fragmented due to the presence of several global and regional vendors. Global vendors have a considerable market presence because of their wide selection of iconic products. They concentrate more on innovation and technical improvements in order to maintain their competitiveness in the market. International vendors are expanding their customer base by improving their product lines and expanding their geographic reach. Similarly, prominent vendors are increasing their focus on the development of eco-friendly transformers. All these factors are expected to intensify the competition among vendors during the forecast period.

Technavio has extensively analyzed 15 major vendors, including ABB Ltd., ALMACENES CORONA SAS, Alutronic Kuhlkorper GmbH and Co. KG., Bharat Heavy Electricals Ltd., CG Power and Industrial Solutions Ltd., Eaton Corp. Plc, Elliott Industries Inc., General Electric Co., GIPRO GmbH, HSP Hochspannungsgerate GmbH, Megger Ltd., Nanjing Rainbow Electric Co., Ltd., Nexans SA, Preis GmbH, Radiant Enterprises, Toshiba Corp., Webster Wilkinson Ltd., Weidmann Holding AG, Maschinenfabrik Reinhausen GmbH, and Siemens AG.

Key Benefits for Industry Players & Stakeholders – 

• The report offers information on the criticality of vendor inputs, including R&D, CAPEX, and technology.
• It also provides detailed analyses of the market's competitive landscape and vendors' product offerings.
• The report also provides a qualitative and quantitative analysis of vendors to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

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Customer Landscape - Analysis of Price Sensitivity, Adoption Lifecycle, Customer Purchase Basket, Adoption Rates, and Purchase Criteria by Technavio

• One of the core components of the customer landscape is price sensitivity, an analysis of which will help companies refine marketing strategies to gain a competitive advantage. 
• Another key aspect is price sensitivity drivers (purchases are undifferentiated, the purchase is a key cost to buyers, and quality is not important), which range between LOW and HIGH.
• Furthermore, market adoption rates for all regions have been covered.

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and develop growth strategies. Download the Sample

The market is segmented by type (oil-impregnated paper (OIP), resin-impregnated paper (RIP), and others), application (transformer, switchgear, and others), and geography (APAC, Europe, North America, Middle East and Africa, and South America).

Segmentation by Type (Inclusion/Exclusion)

• The market will observe significant growth in the oil-impregnated paper (OIP) segment during the forecast period. OIP bushings are widely used in high-voltage power applications. The segment is driven by recent advancements in power system components and the development of lighter and sleeker OIP bushings.
• By geography, APAC will account for 31% of the market growth during the forecast period. Rapid urbanization and the growth in the industrial sector are driving the growth of the electrical bushing market in APAC. The expansion of T&D networks to improve the existing infrastructure is another major factor driving the growth of the regional market.

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What are the key data covered in this electrical bushing market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the electrical bushing market between 2023 and 2027
• Precise estimation of the size of the electrical bushing market and its contribution to the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the electrical bushing industry across APAC, Europe, North America, Middle East and Africa, and South America
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of electrical bushing market vendors

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Table of contents:

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global electrical bushing market 2017 - 2021 
• Exhibit 18: Historic Market Size – Data Table on Global electrical bushing market 2017 - 2021 ($ million)

• 4.2 Type Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – Type Segment 2017 - 2021 ($ million)

• 4.3 Application Segment Analysis 2017 - 2021 
• Exhibit 20: Historic Market Size – Application Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Type

• 6.1 Market segments
• Exhibit 30: Chart on Type - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Type - Market share 2022-2027 (%)

• 6.2 Comparison by Type
• Exhibit 32: Chart on Comparison by Type
• Exhibit 33: Data Table on Comparison by Type

• 6.3 Oil impregnated paper (OIP) - Market size and forecast 2022-2027 
• Exhibit 34: Chart on Oil impregnated paper (OIP) - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Oil impregnated paper (OIP) - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Oil impregnated paper (OIP) - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Oil impregnated paper (OIP) - Year-over-year growth 2022-2027 (%)

• 6.4 Resin impregnated paper (RIP) - Market size and forecast 2022-2027 
• Exhibit 38: Chart on Resin impregnated paper (RIP) - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Resin impregnated paper (RIP) - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Resin impregnated paper (RIP) - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Resin impregnated paper (RIP) - Year-over-year growth 2022-2027 (%)

• 6.5 Others - Market size and forecast 2022-2027 
• Exhibit 42: Chart on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 43: Data Table on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 44: Chart on Others - Year-over-year growth 2022-2027 (%)
• Exhibit 45: Data Table on Others - Year-over-year growth 2022-2027 (%)

• 6.6 Market opportunity by Type 
• Exhibit 46: Market opportunity by Type ($ million)

7 Market Segmentation by Application

• 7.1 Market segments
• Exhibit 47: Chart on Application - Market share 2022-2027 (%)
• Exhibit 48: Data Table on Application - Market share 2022-2027 (%)

• 7.2 Comparison by Application 
• Exhibit 49: Chart on Comparison by Application
• Exhibit 50: Data Table on Comparison by Application

• 7.3 Transformer - Market size and forecast 2022-2027 
• Exhibit 51: Chart on Transformer - Market size and forecast 2022-2027 ($ million)
• Exhibit 52: Data Table on Transformer - Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Chart on Transformer - Year-over-year growth 2022-2027 (%)
• Exhibit 54: Data Table on Transformer - Year-over-year growth 2022-2027 (%)

• 7.4 Switchgear - Market size and forecast 2022-2027 
• Exhibit 55: Chart on Switchgear - Market size and forecast 2022-2027 ($ million)
• Exhibit 56: Data Table on Switchgear - Market size and forecast 2022-2027 ($ million)
• Exhibit 57: Chart on Switchgear - Year-over-year growth 2022-2027 (%)
• Exhibit 58: Data Table on Switchgear - Year-over-year growth 2022-2027 (%)

• 7.5 Others - Market size and forecast 2022-2027 
• Exhibit 59: Chart on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 60: Data Table on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 61: Chart on Others - Year-over-year growth 2022-2027 (%)
• Exhibit 62: Data Table on Others - Year-over-year growth 2022-2027 (%)

• 7.6 Market opportunity by Application 
• Exhibit 63: Market opportunity by Application ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 64: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 65: Chart on Market share by geography 2022-2027 (%)
• Exhibit 66: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 67: Chart on Geographic comparison
• Exhibit 68: Data Table on Geographic comparison

• 9.3 APAC - Market size and forecast 2022-2027 
• Exhibit 69: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 70: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 71: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 72: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.4 Europe - Market size and forecast 2022-2027 
• Exhibit 73: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 74: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 75: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 76: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.5 North America - Market size and forecast 2022-2027 
• Exhibit 77: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 78: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 79: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.6 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 81: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 82: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 83: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.7 South America - Market size and forecast 2022-2027 
• Exhibit 85: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 86: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 87: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.8 US - Market size and forecast 2022-2027 
• Exhibit 89: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 90: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 91: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.9 China - Market size and forecast 2022-2027 
• Exhibit 93: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 94: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 95: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.10 Japan - Market size and forecast 2022-2027 
• Exhibit 97: Chart on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 98: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 99: Chart on Japan - Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on Japan - Year-over-year growth 2022-2027 (%)

• 9.11 Germany - Market size and forecast 2022-2027 
• Exhibit 101: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 102: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 103: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 104: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.12 India - Market size and forecast 2022-2027 
• Exhibit 105: Chart on India - Market size and forecast 2022-2027 ($ million)
• Exhibit 106: Data Table on India - Market size and forecast 2022-2027 ($ million)
• Exhibit 107: Chart on India - Year-over-year growth 2022-2027 (%)
• Exhibit 108: Data Table on India - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 109: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 110: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape
• Exhibit 111: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption
• Exhibit 112: Overview on factors of disruption

• 11.4 Industry risks
• Exhibit 113: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered
• Exhibit 114: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 115: Matrix on vendor position and classification

• 12.3 ABB Ltd.
• Exhibit 116: ABB Ltd. - Overview
• Exhibit 117: ABB Ltd. - Business segments
• Exhibit 118: ABB Ltd. - Key news
• Exhibit 119: ABB Ltd. - Key offerings
• Exhibit 120: ABB Ltd. - Segment focus

• 12.4 ALMACENES CORONA SAS
• Exhibit 121: ALMACENES CORONA SAS - Overview
• Exhibit 122: ALMACENES CORONA SAS - Product / Service
• Exhibit 123: ALMACENES CORONA SAS - Key offerings

• 12.5 CG Power and Industrial Solutions Ltd. 
• Exhibit 124: CG Power and Industrial Solutions Ltd. - Overview
• Exhibit 125: CG Power and Industrial Solutions Ltd. - Business segments
• Exhibit 126: CG Power and Industrial Solutions Ltd. - Key offerings
• Exhibit 127: CG Power and Industrial Solutions Ltd. - Segment focus

• 12.6 Eaton Corp. Plc
• Exhibit 128: Eaton Corp. Plc - Overview
• Exhibit 129: Eaton Corp. Plc - Business segments
• Exhibit 130: Eaton Corp. Plc - Key news
• Exhibit 131: Eaton Corp. Plc - Key offerings
• Exhibit 132: Eaton Corp. Plc - Segment focus

• 12.7 Elliott Industries Inc. 
• Exhibit 133: Elliott Industries Inc. - Overview
• Exhibit 134: Elliott Industries Inc. - Product / Service
• Exhibit 135: Elliott Industries Inc. - Key offerings

• 12.8 General Electric Co.
• Exhibit 136: General Electric Co. - Overview
• Exhibit 137: General Electric Co. - Business segments
• Exhibit 138: General Electric Co. - Key news
• Exhibit 139: General Electric Co. - Key offerings
• Exhibit 140: General Electric Co. - Segment focus

• 12.9 GIPRO GmbH
• Exhibit 141: GIPRO GmbH - Overview
• Exhibit 142: GIPRO GmbH - Product / Service
• Exhibit 143: GIPRO GmbH - Key offerings

• 12.10 HSP Hochspannungsgerate GmbH 
• Exhibit 144: HSP Hochspannungsgerate GmbH - Overview
• Exhibit 145: HSP Hochspannungsgerate GmbH - Product / Service
• Exhibit 146: HSP Hochspannungsgerate GmbH - Key offerings

• 12.11 Megger Ltd.
• Exhibit 147: Megger Ltd. - Overview
• Exhibit 148: Megger Ltd. - Product / Service
• Exhibit 149: Megger Ltd. - Key offerings

• 12.12 Nanjing Rainbow Electric Co., Ltd. 
• Exhibit 150: Nanjing Rainbow Electric Co., Ltd. - Overview
• Exhibit 151: Nanjing Rainbow Electric Co., Ltd. - Product / Service
• Exhibit 152: Nanjing Rainbow Electric Co., Ltd. - Key offerings

• 12.13 Nexans SA
• Exhibit 153: Nexans SA - Overview
• Exhibit 154: Nexans SA - Business segments
• Exhibit 155: Nexans SA - Key offerings
• Exhibit 156: Nexans SA - Segment focus

• 12.14 Siemens AG
• Exhibit 157: Siemens AG - Overview
• Exhibit 158: Siemens AG - Business segments
• Exhibit 159: Siemens AG - Key news
• Exhibit 160: Siemens AG - Key offerings
• Exhibit 161: Siemens AG - Segment focus

• 12.15 Toshiba Corp.
• Exhibit 162: Toshiba Corp. - Overview
• Exhibit 163: Toshiba Corp. - Business segments
• Exhibit 164: Toshiba Corp. - Key offerings
• Exhibit 165: Toshiba Corp. - Segment focus

• 12.16 Webster Wilkinson Ltd. 
• Exhibit 166: Webster Wilkinson Ltd. - Overview
• Exhibit 167: Webster Wilkinson Ltd. - Product / Service
• Exhibit 168: Webster Wilkinson Ltd. - Key offerings

• 12.17 Weidmann Holding AG
• Exhibit 169: Weidmann Holding AG - Overview
• Exhibit 170: Weidmann Holding AG - Product / Service
• Exhibit 171: Weidmann Holding AG - Key offerings

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 172: Inclusions checklist
• Exhibit 173: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 174: Currency conversion rates for US$

• 13.4 Research methodology
• Exhibit 175: Research methodology
• Exhibit 176: Validation techniques employed for market sizing
• Exhibit 177: Information sources

• 13.5 List of abbreviations 
• Exhibit 178: List of abbreviations

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Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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