電気ブッシング市場 – 2029年までの世界予測

Electrical Bushings Market - Global Forecast 2029

電気ブッシング市場 - 種類(油含浸紙、樹脂含浸紙、その他)、絶縁材(磁器、ポリマー、ガラス)、用途(変圧器、開閉器)、電圧、エンドユーザー、地域別 - 2029年までの世界予測
Electrical Bushings Market by Type (Oil Impregnated Paper, Resin Impregnated Paper, Others), Insulation Material (Porcelain, Polymer, Glass), Application (Transformer, Switchger), Voltage, End User, and Region - Global Forecast 2029

商品番号 : SMB-71893

出版社MarketsandMarkets
出版年月2025年1月
ページ数291
図表数301
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

Report Overview

The global electrical bushings market is expected to grow significantly from an estimated USD 3.67 billion in 2024 to USD 4.77 billion by 2029, at a CAGR of 5.4% during the forecast period. Growth in electrical bushings is predominantly seen worldwide, led by demand in effective transmission and distribution of electricity triggered by rapid urbanization and industrialization.

世界の電気ブッシュ市場は、2024年の推定36億7,000万米ドルから2029年までに47億7,000万米ドルに、予測期間中に5.4%のCAGRで大幅に成長すると予想されています。電気ブッシングの成長は主に世界中で見られ、急速な都市化と工業化によって引き起こされた効果的な送電と配電の需要に牽引されています。

Major investment in renewable energy projects along with the modernization of grid helps escalate demand for high-performance, reliable advanced bushings that may have withstanding voltage capability for more prolonged system performance. Resin-impregnated and synthetic bushings replace the traditional porcelain to reduce energy losses and improve electrical safety. Furthermore, stringent government regulations and environmental mandates drive the industries toward the adoption of more sustainable and high-performance bushing solutions. These drivers along with a growing demand for the upgradation of aging power infrastructure worldwide propel the market growth at an aggressive rate.

電気ブッシング市場 - 2029年までの世界予測
electrical-bushing-market

“Above 230 segment, by voltage, is expected to hold third largest market share during forecast period”

The Above 230 kV subsegment of the By Voltage segment is the third-largest in the global electrical bushings market, given its importance in high-voltage power transmission applications. This range is most commonly used in large-scale infrastructure projects, including inter-regional and cross-border transmission networks, which are considered essential for stabilizing grids and integrating renewable energy sources. The increasing adoption of ultra-high-voltage direct current (UHVDC) systems, especially in emerging economies in the Asia Pacific and the Middle East, is further fuelling demand. Also, investments in upgrading aging grid infrastructure in developed regions like North America and Europe have fueled growth in this subsegment. In fact, these bushings are irreplaceable for maintaining the reliability of operation, reducing losses in power, and sustaining the long-distance transmission of electricity.

“Switchgear segment, by Application, is expected to hold second-largest market share during forecast period”

The Switchgear subsegment of the By Application segment is the second-largest market share in the global electrical bushings market because switchgear plays a critical role in ensuring that electrical systems are safe and reliable. Electrical bushings in switchgear provide an easy, secure passage for current with seamless insulation, even in high-stress conditions. Demand for advanced and compact switchgear solutions has emerged in urbanization projects, renewable energy integration, and industrial expansions across the globe. The grid modernization initiatives pursued by regions such as Europe and North America along with rapid electrification and industrialization in Asia Pacific will positively impact the adoption of bushings for medium- and high-voltage switchgear. These factors explain why, to ensure operational efficiency and system protection, bushings are indispensable.

電気ブッシング市場 - 2029年までの世界予測 region
electrical-bushing-market-region

“South Amrica is expected to hold the least market share during forecast period.”

South America has the lowest market share in the global electrical bushings market due to various limiting factors. These include a lower level of investment in power infrastructure compared to other regions, and slower adaptation of the latest grid technologies. It is still more focused on basic electrification efforts for rural areas and has only limited budgets for upgrading its transmission and distribution networks with advanced equipment such as electrical bushings. Economic instability and political insecurity in other countries further compound large infrastructure development. Ongoing renewable projects in countries such as Brazil and Chile will continue to keep the overall demand for high-voltage equipment like bushings very modest with limited industrialization and grid modernization progressing at a slower rate than elsewhere in the region.

  • By Company Type: Tier 1- 30%, Tier 2- 55%, and Tier 3- 15%
  • By Designation: C-level Executives – 30%, Director Level- 20%, and Others- 50%
  • By Region: North America – 18%, Europe – 8%, Asia Pacific – 60%, South America – 4%, Middle East & Africa – 10%

Note: Other designations include sales managers, marketing managers, product managers, and product engineers.

The tier of the companies is defined based on their total revenue as of 2023. Tier 1: USD 1 billion and above, Tier 2: From USD 500 million to USD 1 billion, and Tier 3: <USD 500 million.

The global electrical bushings market is dominated by key players that hold a wide regional presence and offer a diverse range of products. Leading companies in the electrical bushings market include ABB (Switzerland), Siemens (Germnay), Trench Group (Germany), General Electric Company (US), Schneider Electric (France), Eaton (Ireland) among others. These players focus on strategies such as product innovations, acquisitions, agreements, partnerships, and expansions to strengthen their market position. New product launches, coupled with strategic investments in power infrastructure and energy-efficient technologies, are key approaches adopted by these companies to maintain competitive advantages in the evolving market landscape.

電気ブッシング市場 - 2029年までの世界予測 ecosystem
electrical-bushing-market-ecosystem

Research Coverage:

The report defines, describes, and forecasts the electrical bushings market by type, insulation material, voltage, application,  end user, and region. It also offers a detailed qualitative and quantitative analysis of the market. The report comprehensively reviews the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market. A detailed analysis of the key industry players has been done to provide insights into their business overview, solutions, and services; key strategies; Contracts, partnerships, agreements. new product launches, acquisitions, and recent developments associated with the electrical bushings market. Competitive analysis of upcoming startups in the electrical bushings market ecosystem is covered in this report.

Reasons to buy this report:

The report will help the market leaders/new entrants electrical bushings market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:

  • Analysis of key drivers (Growing global reliable power demand, Modernization of aging infrastructure, Increasing adoption of high-voltage and extra high-voltage networks), restraints (High initial costs associated with electrical bushings, Availability of low-cost alternatives) opportunities (Integration of renewable energy into power grids, Increasing adoption of smart grid infrastructure, Industrial growth in emerging economies), and challenges (Complex manufacturing and customization requirements of electrical bushings, Maintenance and replacement challenges associated with electrical bushings) influencing the growth.
  • Product Development/ Innovation: Advancements in the use of insulation materials and digital monitoring capabilities and improving energy efficiency are driving the developments in product innovation within the global electrical bushings market. The leading players ABB, Siemens, and Hitachi Energy are focusing on the production of next-generation bushings, such as Resin-Impregnated Paper (RIP) and Resin-Impregnated Synthetic (RIS), promising better thermal performance, lower environmental effects, and safety than the traditional oil-impregnated bushing (OIP). Innovations also include smart bushings with sensors and real-time monitoring systems for predictive maintenance, which are critical to ensuring grid reliability and minimizing downtime. In addition, there is an increasing emphasis on sustainable solutions, and hence designs that are eco-friendly, minimize oil usage, and maximize recyclability. These developments address the changing needs of modern power infrastructure, renewable energy integration, and the global push toward grid modernization, all set to propel the market for healthy growth through technological advancements.
  • Market Development: Increasing the extension of T&D networks is currently driving the market for electrical bushings across the world. This development is occurring mostly in the developing economies of Asia Pacific, Africa, and Latin America. The governments and utilities are investing highly in modernization projects related to the grid, renewable energy integration, and cross-border power transmission as a way of increasing grid reliability and answering the increase in demand for electricity. Developed countries like North America and Europe are upgrading ageing infrastructure, replacing old obsolete bushings with modern technologies like RIP and RIS for safety improvements and efficiency. In emerging countries, growth is seen because of rapid urbanization and industrialization and also due to increased electrification initiatives. Use of smart grid technology and also digital substations further creates newer opportunities for bushings along with monitoring systems. Market players expand presence in untapped geographies through strategic collaborations and partnerships and new product launches that make the most of opportunities driven by rising demand for safe and efficient power delivery systems.
  • Market Diversification: Market diversification in the global electrical bushings market comes from regional expansion, innovation in technology, and new verticals. Major manufacturers look to tap opportunities through the growing economies of Asia Pacific, Africa, and South America with a focus on emerging markets related to infrastructure development, grid expansions, and renewable projects. Companies are also expanding their product lines by introducing higher level of insulation technologies such as RIP and RIS bushings that are gaining traction as more consumers seek sustainable and efficient energy solutions. In addition, new applications are being found for this technology in rail transportation, offshore wind energy, and industrial power systems, well beyond traditional utilities and substations. Strategic alliances, mergers, and acquisitions further enable companies to enter untapped markets, strengthen supply chains, and leverage regional expertise. This diversification approach helps market players reduce dependency on a single market segment, thus ensuring long-term growth and resilience amidst evolving global energy needs.
  • Competitive Assessment: In-depth analysis of market share, growth plans, and service offerings of top companies in the global electrical bushings market, including ABB (Switzerland), Siemens (Germnay), Trench Group (Germany), General Electric Company (US), Schneider Electric (France), Eaton (Ireland), RHM International LLC (US), Hitachi Energy Ltd. (Japan), Hubbell (US), Polycast International (US), among others.

Table of Contents

1               INTRODUCTION              24

1.1           STUDY OBJECTIVES       24

1.2           MARKET DEFINITION   24

1.3           STUDY SCOPE   25

1.3.1        MARKETS COVERED AND REGIONAL SCOPE      25

1.3.2        INCLUSIONS AND EXCLUSIONS 26

1.3.3        YEARS CONSIDERED      27

1.4           CURRENCY CONSIDERED            28

1.5           UNIT CONSIDERED        28

1.6           LIMITATIONS    28

1.7           STAKEHOLDERS               28

1.8           SUMMARY OF CHANGES               29

2               RESEARCH METHODOLOGY       30

2.1           RESEARCH DATA              30

2.1.1        SECONDARY DATA          31

2.1.1.1    List of key secondary sources              31

2.1.1.2    Key data from secondary sources       31

2.1.2        PRIMARY DATA 32

2.1.2.1    List of primary interview participants               32

2.1.2.2    Key data from primary sources           33

2.1.2.3    Key industry insights           34

2.1.2.4    Breakdown of primaries      35

2.2           MARKET SIZE ESTIMATION METHODOLOGY     36

2.2.1        BOTTOM-UP APPROACH              36

2.2.1.1    Regional analysis  37

2.2.1.2    Country-level analysis          38

2.2.1.3    Demand-side assumptions 38

2.2.1.4    Demand-side calculations   38

2.2.2        TOP-DOWN APPROACH                39

2.2.2.1    Supply-side assumptions     41

2.2.2.2    Supply-side calculations      41

2.3           MARKET BREAKDOWN AND DATA TRIANGULATION                 42

2.4           FORECAST          43

2.5           RESEARCH ASSUMPTIONS           43

2.6           RISK ANALYSIS  43

2.7           RESEARCH LIMITATIONS             43

3               EXECUTIVE SUMMARY  44

4               PREMIUM INSIGHTS       50

4.1           ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN ELECTRICAL BUSHINGS MARKET             50

4.2           ELECTRICAL BUSHINGS MARKET IN ASIA PACIFIC, BY TYPE AND COUNTRY     51

4.3           ELECTRICAL BUSHINGS MARKET, BY TYPE          51

4.4           ELECTRICAL BUSHINGS MARKET, BY INSULATION MATERIAL           52

4.5           ELECTRICAL BUSHINGS MARKET, BY VOLTAGE                 52

4.6           ELECTRICAL BUSHINGS MARKET, BY APPLICATION                 52

4.7           ELECTRICAL BUSHINGS MARKET, BY END USER                 53

4.8           ELECTRICAL BUSHINGS MARKET, BY REGION   53

5               MARKET OVERVIEW       54

5.1           INTRODUCTION              54

5.2           MARKET DYNAMICS       55

5.2.1        DRIVERS               55

5.2.1.1    Mounting demand for reliable power due to industrialization                 55

5.2.1.2    Rapid modernization of aging grid infrastructure           57

5.2.1.3    Increasing focus on high-voltage and ultra-high-voltage transmission projects           58

5.2.2        RESTRAINTS      59

5.2.2.1    High initial and upfront costs             59

5.2.2.2    Availability of low-cost alternatives   60

5.2.3        OPPORTUNITIES              60

5.2.3.1    Increasing integration of renewable energy into power grids                 60

5.2.3.2    Rising emphasis on expansion of smart grid infrastructure                 63

5.2.3.3    Rapid industrial growth in emerging economies              63

5.2.4        CHALLENGES    64

5.2.4.1    Complex manufacturing and customization requirements                 64

5.2.4.2    Challenges associated with maintenance and replacement                 65

5.3           TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS            66

5.4           ECOSYSTEM ANALYSIS  68

5.5           PRICING ANALYSIS          70

5.5.1        INDICATIVE PRICING OF ELECTRICAL BUSHINGS, BY INSULATION MATERIAL, 2023     70

5.5.2        AVERAGE SELLING PRICE TREND OF ELECTRICAL BUSHINGS, BY REGION, 2021–2023             71

5.6           INVESTMENT AND FUNDING SCENARIO               71

5.7           SUPPLY CHAIN ANALYSIS             72

5.8           TECHNOLOGY ANALYSIS             75

5.8.1        KEY TECHNOLOGIES     75

5.8.1.1    Advanced insulation technologies      75

5.8.1.2    Smart bushings     76

5.8.2        ADJACENT TECHNOLOGIES       77

5.8.2.1    Additive manufacturing       77

5.9           KEY CONFERENCES AND EVENTS, 2025–2026        78

5.10         TARIFF AND REGULATORY LANDSCAPE               80

5.10.1      TARIFF ANALYSIS (HS CODE 854620)        80

5.10.2      REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS             81

5.10.3      CODES AND REGULATIONS        84

5.11         TRADE ANALYSIS             85

5.11.1      IMPORT SCENARIO (HS CODE 854620)    85

5.11.2      EXPORT SCENARIO (HS CODE 854620)    86

5.12         PATENT ANALYSIS          88

5.13         PORTER’S FIVE FORCES ANALYSIS           92

5.13.1      THREAT OF NEW ENTRANTS      93

5.13.2      THREAT OF SUBSTITUTES          93

5.13.3      BARGAINING POWER OF SUPPLIERS       93

5.13.4      BARGAINING POWER OF BUYERS             94

5.13.5      INTENSITY OF COMPETITIVE RIVALRY 94

5.14         KEY STAKEHOLDERS AND BUYING CRITERIA     94

5.14.1      KEY STAKEHOLDERS IN BUYING PROCESS           94

5.14.2      BUYING CRITERIA           95

5.15         CASE STUDY ANALYSIS 96

5.15.1      UTILITY COMPANY IN EUROPE IMPLEMENTS BIIT BUSHING TO ENHANCE OPERATIONAL EFFICIENCY OF HIGH-VOLTAGE SYSTEMS        96

5.15.2      SIEMENS’ BUSHING ENABLES TECHNISCHE BETRIEBE GLARUS NORD TO ACHIEVE SECURE AND SUSTAINABLE POWER SUPPLY AND ENHANCE GRID TRANSPARENCY 96

5.16         IMPACT OF GEN AI/AI ON ELECTRICAL BUSHINGS MARKET               97

5.17         MACROECONOMIC OUTLOOK  99

5.17.1      GDP OUTLOOK 99

5.17.2      RESEARCH & DEVELOPMENT EXPENDITURE     99

5.17.3      INVESTMENTS BY END USERS   100

5.17.4      POWER SECTOR GROWTH           101

6               ELECTRICAL BUSHINGS MARKET, BY APPLICATION                 102

6.1           INTRODUCTION              103

6.2           TRANSFORMERS               104

6.2.1        INCREASING DEVELOPMENT OF GRID INFRASTRUCTURE TO BOOST SEGMENTAL GROWTH    104

6.3           SWITCHGEARS  105

6.3.1        RAPID INDUSTRIALIZATION AND URBANIZATION TO AUGMENT SEGMENTAL GROWTH           105

6.4           OTHER APPLICATIONS 106

7               ELECTRICAL BUSHINGS MARKET, BY END USER                 108

7.1           INTRODUCTION              109

7.2           UTILITIES            110

7.2.1        INCREASING PENETRATION OF RENEWABLE ENERGY SOURCES TO BOLSTER SEGMENTAL GROWTH  110

7.3           INDUSTRIAL      111

7.3.1        GROWING EMPHASIS ON AUTOMATION AND DIGITALIZATION TO FUEL MARKET GROWTH  111

7.4           COMMERCIAL   112

7.4.1        INCREASING CONSTRUCTION OF ENERGY-EFFICIENT AND SUSTAINABLE BUILDINGS TO SPUR DEMAND         112

7.5           DATA CENTERS                 113

7.5.1        RISING NEED FOR UNINTERRUPTED AND EFFICIENT POWER SUPPLY SYSTEMS TO DRIVE MARKET    113

7.6           RENEWABLES    114

7.6.1        INCREASING RELIANCE ON CLEAN ENERGY SOURCES FOR POWER GENERATION TO BOOST SEGMENTAL GROWTH                 114

7.7           OTHER END USERS         116

8               ELECTRICAL BUSHINGS MARKET, BY INSULATION MATERIAL           118

8.1           INTRODUCTION              119

8.2           PORCELAIN        120

8.2.1        OPERATIONAL RELIABILITY IN POWER TRANSMISSION AND DISTRIBUTION SYSTEMS TO FUEL DEMAND            120

8.3           POLYMER            121

8.3.1        ENHANCED FLEXIBILITY AND LIGHTWEIGHT PROPERTIES TO FOSTER SEGMENTAL GROWTH               121

8.4           GLASS   122

8.4.1        DURABILITY, CHEMICAL RESISTANCE, AND DIELECTRIC PERFORMANCE TO FUEL SEGMENTAL GROWTH                 122

9               ELECTRICAL BUSHINGS MARKET, BY TYPE          124

9.1           INTRODUCTION              125

9.2           OIL IMPREGNATED PAPER BUSHINGS   126

9.2.1        COST-EFFECTIVENESS AND LONGER OPERATIONAL LIFESPAN TO ACCELERATE SEGMENTAL GROWTH         126

9.3           RESIN IMPREGNATED PAPER BUSHINGS               127

9.3.1        INCREASING CONSUMPTION OF RENEWABLE ENERGY AND GRID MODERNIZATION TO BOOST DEMAND          127

9.4           OTHER TYPES   129

10            ELECTRICAL BUSHINGS MARKET, BY VOLTAGE                 131

10.1         INTRODUCTION              132

10.2         UP TO 36 KV       133

10.2.1      GROWING EMPHASIS ON MODERNIZING URBAN INFRASTRUCTURE TO DRIVE MARKET  133

10.3         37–230 KV             134

10.3.1      INCREASING URBANIZATION, INDUSTRIALIZATION, AND CROSS–BORDER ENERGY TRADING TO AUGMENT SEGMENTAL GROWTH  134

10.4         ABOVE 230 KV   135

10.4.1      RISING NEED FOR LONG-DISTANCE POWER TRANSMISSION TO FACILITATE SEGMENTAL GROWTH                 135

11            ELECTRICAL BUSHINGS MARKET, BY REGION   137

11.1         INTRODUCTION              138

11.2         ASIA PACIFIC     141

11.2.1      CHINA  146

11.2.1.1  Strategic focus on grid modernization to accelerate demand                 146

11.2.2      INDIA    147

11.2.2.1  Rapid urbanization and energy demand to support market growth                 147

11.2.3      JAPAN   148

11.2.3.1  Energy transition and grid modernization to drive market                 148

11.2.4      AUSTRALIA         150

11.2.4.1  Growing need for robust electrical infrastructure to foster market growth    150

11.2.5      REST OF ASIA PACIFIC   151

11.3         NORTH AMERICA             152

11.3.1      US           158

11.3.1.1  Investments in clean energy to accelerate market growth                 158

11.3.2      CANADA               159

11.3.2.1  Deployment of advanced electrical bushings to support market growth    159

11.3.3      MEXICO                160

11.3.3.1  Rapid infrastructure development to drive market         160

11.4         EUROPE               162

11.4.1      GERMANY           167

11.4.1.1  Rising investment in green energy to accelerate market growth                 167

11.4.2      UK          168

11.4.2.1  Increasing focus on expanding power transmission networks to drive market          168

11.4.3      FRANCE                169

11.4.3.1  Growing consumption of renewable energy to meet decarbonization targets to spur demand           169

11.4.4      REST OF EUROPE             170

11.5         MIDDLE EAST & AFRICA                172

11.5.1      GCC       176

11.5.1.1  Saudi Arabia          177

11.5.1.1.1                Growing emphasis on renewable energy and infrastructure modernization to foster market growth   177

11.5.1.2  UAE        179

11.5.1.2.1                Rapid development of advanced electrical infrastructure to drive market      179

11.5.1.3  Rest of GCC          180

11.5.2      SOUTH AFRICA 182

11.5.2.1  Increasing generation of renewable energy to foster market growth    182

11.5.3      REST OF MIDDLE EAST & AFRICA             183

11.6         SOUTH AMERICA             185

11.6.1      BRAZIL 190

11.6.1.1  Ambitious policy and investments in electricity infrastructure to fuel demand           190

11.6.2      ARGENTINA       191

11.6.2.1  Increasing reliance on renewable energy sources for power generation to fuel market growth       191

11.6.3      REST OF SOUTH AMERICA           193

12            COMPETITIVE LANDSCAPE         195

12.1         INTRODUCTION              195

12.2         REVENUE ANALYSIS, 2019–2023  199

12.3         MARKET SHARE ANALYSIS, 2023                 200

12.4         COMPANY VALUATION AND FINANCIAL METRICS, 2024                 203

12.5         PRODUCT COMPARISON              204

12.6         COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023                 205

12.6.1      STARS   205

12.6.2      EMERGING LEADERS     205

12.6.3      PERVASIVE PLAYERS      205

12.6.4      PARTICIPANTS 205

12.6.5      COMPANY FOOTPRINT: KEY PLAYERS, 2023         207

12.6.5.1  Company footprint               207

12.6.5.2  Region footprint   208

12.6.5.3  Type footprint       209

12.6.5.4  Application footprint            210

12.6.5.5  Voltage footprint  211

12.7         COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023        212

12.7.1      PROGRESSIVE COMPANIES         212

12.7.2      RESPONSIVE COMPANIES            212

12.7.3      DYNAMIC COMPANIES  212

12.7.4      STARTING BLOCKS         212

12.7.5      COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023                 214

12.7.5.1  Detailed list of key startups/SMEs    214

12.7.5.2  Competitive benchmarking of key startups/SMEs          215

12.8         COMPETITIVE SCENARIO             215

12.8.1      PRODUCT LAUNCHES   216

12.8.2      DEALS  216

12.8.3      EXPANSIONS     219

13            COMPANY PROFILES      221

13.1         KEY PLAYERS     221

13.1.1      ABB        221

13.1.1.1  Business overview 221

13.1.1.2  Products/Solutions/Services offered 222

13.1.1.3  Recent developments           223

13.1.1.3.1                Deals      223

13.1.1.3.2                Expansions             224

13.1.1.3.3                Other developments             225

13.1.1.4  MnM view              225

13.1.1.4.1                Key strengths        225

13.1.1.4.2                Strategic choices   225

13.1.1.4.3                Weaknesses and competitive threats 225

13.1.2      SIEMENS              226

13.1.2.1  Business overview 226

13.1.2.2  Products/Solutions/Services offered 227

13.1.2.3  Recent developments           228

13.1.2.3.1                Product launches  228

13.1.2.3.2                Deals      229

13.1.2.4  MnM view              229

13.1.2.4.1                Key strengths        229

13.1.2.4.2                Strategic choices   229

13.1.2.4.3                Weaknesses and competitive threats 230

13.1.3      HITACHI ENERGY LTD  231

13.1.3.1  Business overview 231

13.1.3.2  Products/Solutions/Services offered 232

13.1.3.3  Recent developments           233

13.1.3.3.1                Developments       233

13.1.3.4  MnM view              234

13.1.3.4.1                Key strengths        234

13.1.3.4.2                Strategic choices   234

13.1.3.4.3                Weaknesses and competitive threats 234

13.1.4      EATON 235

13.1.4.1  Business overview 235

13.1.4.2  Products/Solutions/Services offered 236

13.1.4.3  Recent developments           237

13.1.4.3.1                Deals      237

13.1.4.3.2                Expansions             238

13.1.4.4  MnM view              239

13.1.4.4.1                Key strengths        239

13.1.4.4.2                Strategic choices   239

13.1.4.4.3                Weaknesses and competitive threats 239

13.1.5      GENERAL ELECTRIC COMPANY 240

13.1.5.1  Business overview 240

13.1.5.2  Products/Solutions/Services offered 241

13.1.5.3  Recent developments           242

13.1.5.3.1                Deals      242

13.1.5.3.2                Other developments             243

13.1.5.4  MnM view              243

13.1.5.4.1                Key strengths        243

13.1.5.4.2                Strategic choices   243

13.1.5.4.3                Weaknesses and competitive threats 243

13.1.6      SCHNEIDER ELECTRIC  244

13.1.6.1  Business overview 244

13.1.6.2  Products/Solutions/Services offered 245

13.1.6.3  Recent developments           246

13.1.6.3.1                Expansions             246

13.1.7      CG POWER & INDUSTRIAL SOLUTIONS LTD.      247

13.1.7.1  Business overview 247

13.1.7.2  Products/Solutions/Services offered 248

13.1.8      TRENCH GROUP               249

13.1.8.1  Business overview 249

13.1.8.2  Products/Solutions/Services offered 250

13.1.8.3  Recent developments           251

13.1.8.3.1                Deals      251

13.1.9      HUBBELL             252

13.1.9.1  Business overview 252

13.1.9.2  Products/Solutions/Services offered 253

13.1.10   POLYCAST INTERNATIONAL      255

13.1.10.1                 Business overview 255

13.1.10.2                 Products/Solutions/Services offered 255

13.1.11   RHM INTERNATIONAL, LLC        257

13.1.11.1                 Business overview 257

13.1.11.2                 Products/Solutions/Services offered 257

13.1.12   RELIANCE POTTERIES   258

13.1.12.1                 Business overview 258

13.1.12.2                 Products/Solutions/Services offered 258

13.1.13   PFISTERER HOLDING SE               260

13.1.13.1                 Business overview 260

13.1.13.2                 Products/Solutions/Services offered 260

13.1.14   WEBSTER WILKINSON LTD.        262

13.1.14.1                 Business overview 262

13.1.14.2                 Products/Solutions/Services offered 262

13.1.15   BUSHING (BEIJING) HV ELECTRIC CO., LTD        264

13.1.15.1                 Business overview 264

13.1.15.2                 Products/Solutions/Services offered 264

13.1.16   NEXANS                267

13.1.16.1                 Business overview 267

13.1.16.2                 Products/Solutions/Services offered 268

13.1.16.3                 Recent developments           269

13.1.16.3.1             Deals      269

13.1.17   YASH HIGHVOLTAGE INSULATORS PVT. LTD.   270

13.1.17.1                 Business overview 270

13.1.17.2                 Products/Solutions/Services offered 271

13.1.17.3                 Recent developments           272

13.1.17.3.1             Product launches  272

13.1.18   NU-CORK PRODUCTS PVT LTD 273

13.1.18.1                 Business overview 273

13.1.18.2                 Products/Solutions/Services offered 274

13.1.19   CHINSUN             275

13.1.19.1                 Business overview 275

13.1.19.2                 Products/Solutions/Services offered 275

13.1.20   AMMA INSULATORS       277

13.1.20.1                 Business overview 277

13.1.20.2                 Products/Solutions/Services offered 277

13.2         OTHER PLAYERS              278

13.2.1      DALIAN HIVOLT POWER SYSTEM CO., LTD.        278

13.2.2      NANJING ELECTRIC HV BUSHING CO., LTD         279

13.2.3      BAODING HEWEI POWER TECHNOLOGY CO., LTD                 280

13.2.4      MASSA IZOLYATOR MEHRU PVT. LTD. (MIM PVT. LTD.)                 281

13.2.5      POINSA 282

14            APPENDIX           283

14.1         INSIGHTS FROM INDUSTRY EXPERTS     283

14.2         DISCUSSION GUIDE        283

14.3         KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL                287

14.4         CUSTOMIZATION OPTIONS        289

14.5         RELATED REPORTS         289

14.6         AUTHOR DETAILS           290

LIST OF TABLES

TABLE 1                ELECTRICAL BUSHINGS MARKET SIZE ESTIMATION METHODOLOGY

(DEMAND SIDE)               37

TABLE 2                ELECTRICAL BUSHINGS MARKET: RISK ANALYSIS            43

TABLE 3                ELECTRICAL BUSHINGS MARKET SNAPSHOT                 45

TABLE 4                ROLE OF COMPANIES IN ELECTRICAL BUSHINGS ECOSYSTEM 68

TABLE 5                INDICATIVE PRICING OF ELECTRICAL BUSHINGS, BY INSULATION MATERIAL, 2023      70

TABLE 6                LIST OF KEY CONFERENCES AND EVENTS, 2025–2026        78

TABLE 7                MFN TARIFF FOR HS CODE 854620-COMPLIANT PRODUCTS, BY COUNTRY, 2023 80

TABLE 8                NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS             81

TABLE 9                EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS                 82

TABLE 10              ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS                 82

TABLE 11              MIDDLE EAST & AFRICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS             83

TABLE 12              SOUTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS             84

TABLE 13              CODES AND REGULATIONS        84

TABLE 14              IMPORT DATA FOR HS CODE 854620-COMPLIANT PRODUCTS, BY COUNTRY, 2019–2023 (USD THOUSAND)      85

TABLE 15              EXPORT DATA FOR HS CODE 854620-COMPLIANT PRODUCTS, BY COUNTRY, 2019–2023 (USD THOUSAND)      86

TABLE 16              LIST OF KEY PATENTS, 2020–2023              89

TABLE 17              PORTER’S FIVE FORCES ANALYSIS           93

TABLE 18              INFLUENCE OF KEY STAKEHOLDERS ON BUYING PROCESS

FOR TOP THREE END USERS      95

TABLE 19              KEY BUYING CRITERIA FOR TOP THREE END USERS   95

TABLE 20              ELECTRICAL BUSHINGS MARKET, BY APPLICATION, 2021–2023 (USD MILLION)              103

TABLE 21              ELECTRICAL BUSHINGS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)              104

TABLE 22              TRANSFORMERS: ELECTRICAL BUSHINGS MARKET, BY REGION,

2021–2023 (USD MILLION)            104

TABLE 23              TRANSFORMERS: ELECTRICAL BUSHINGS MARKET, BY REGION,

2024–2029 (USD MILLION)            105

TABLE 24              SWITCHGEARS: ELECTRICAL BUSHINGS MARKET, BY REGION,

2021–2023 (USD MILLION)            106

TABLE 25              SWITCHGEARS: ELECTRICAL BUSHINGS MARKET, BY REGION,

2024–2029 (USD MILLION)            106

TABLE 26              OTHER APPLICATIONS: ELECTRICAL BUSHINGS MARKET, BY REGION,

2021–2023 (USD MILLION)            107

TABLE 27              OTHER APPLICATIONS: ELECTRICAL BUSHINGS MARKET, BY REGION,

2024–2029 (USD MILLION)            107

TABLE 28              ELECTRICAL BUSHINGS MARKET, BY END USER, 2021–2023 (USD MILLION)            109

TABLE 29              ELECTRICAL BUSHINGS MARKET, BY END USER, 2024–2029 (USD MILLION)            110

TABLE 30              UTILITIES: ELECTRICAL BUSHINGS MARKET, BY REGION,

2021–2023 (USD MILLION)            110

TABLE 31              UTILITIES: ELECTRICAL BUSHINGS MARKET, BY REGION,

2024–2029 (USD MILLION)            111

TABLE 32              INDUSTRIAL: ELECTRICAL BUSHINGS MARKET, BY REGION,

2021–2023 (USD MILLION)            111

TABLE 33              INDUSTRIAL: ELECTRICAL BUSHINGS MARKET, BY REGION,

2024–2029 (USD MILLION)            112

TABLE 34              COMMERCIAL: ELECTRICAL BUSHINGS MARKET, BY REGION,

2021–2023 (USD MILLION)            112

TABLE 35              COMMERCIAL: ELECTRICAL BUSHINGS MARKET, BY REGION,

2024–2029 (USD MILLION)            113

TABLE 36              DATA CENTERS: ELECTRICAL BUSHINGS MARKET, BY REGION,

2021–2023 (USD MILLION)            114

TABLE 37              DATA CENTERS: ELECTRICAL BUSHINGS MARKET, BY REGION,

2024–2029 (USD MILLION)            114

TABLE 38             RENEWABLES: ELECTRICAL BUSHINGS MARKET, BY REGION,

2021–2023 (USD MILLION)            115

TABLE 39             RENEWABLES: ELECTRICAL BUSHINGS MARKET, BY REGION,

2024–2029 (USD MILLION)            115

TABLE 40              OTHER END USERS: ELECTRICAL BUSHINGS MARKET, BY REGION,

2021–2023 (USD MILLION)            116

TABLE 41              OTHER END USERS: ELECTRICAL BUSHINGS MARKET, BY REGION,

2024–2029 (USD MILLION)            117

TABLE 42              ELECTRICAL BUSHINGS MARKET, BY INSULATION MATERIAL,

2021–2023 (USD MILLION)            119

TABLE 43              ELECTRICAL BUSHINGS MARKET, BY INSULATION MATERIAL,

2024–2029 (USD MILLION)            119

TABLE 44              PORCELAIN: ELECTRICAL BUSHINGS MARKET, BY REGION,

2021–2023 (USD MILLION)            120

TABLE 45              PORCELAIN: ELECTRICAL BUSHINGS MARKET, BY REGION,

2024–2029 (USD MILLION)            120

TABLE 46              POLYMER: ELECTRICAL BUSHINGS MARKET, BY REGION,

2021–2023 (USD MILLION)            121

TABLE 47              POLYMER: ELECTRICAL BUSHINGS MARKET, BY REGION,

2024–2029 (USD MILLION)            122

TABLE 48              GLASS: ELECTRICAL BUSHINGS MARKET, BY REGION, 2021–2023 (USD MILLION)          123

TABLE 49              GLASS: ELECTRICAL BUSHINGS MARKET, BY REGION, 2024–2029 (USD MILLION)          123

TABLE 50              ELECTRICAL BUSHINGS MARKET, BY TYPE, 2021–2023 (USD MILLION)            125

TABLE 51              ELECTRICAL BUSHINGS MARKET, BY TYPE, 2024–2029 (USD MILLION)            126

TABLE 52              OIL IMPREGNATED PAPER BUSHINGS: ELECTRICAL BUSHINGS MARKET,

BY REGION, 2021–2023 (USD MILLION)   127

TABLE 53              OIL IMPREGNATED PAPER BUSHINGS: ELECTRICAL BUSHINGS MARKET,

BY REGION, 2024–2029 (USD MILLION)   127

TABLE 54              RESIN IMPREGNATED PAPER BUSHINGS: ELECTRICAL BUSHINGS MARKET,

BY REGION, 2021–2023 (USD MILLION)   128

TABLE 55              RESIN IMPREGNATED PAPER BUSHINGS: ELECTRICAL BUSHINGS MARKET,

BY REGION, 2024–2029 (USD MILLION)   128

TABLE 56              OTHER TYPES: ELECTRICAL BUSHINGS MARKET, BY REGION,

2021–2023 (USD MILLION)            130

TABLE 57              OTHER TYPES: ELECTRICAL BUSHINGS MARKET, BY REGION,

2024–2029 (USD MILLION)            130

TABLE 58              ELECTRICAL BUSHINGS MARKET, BY VOLTAGE, 2021–2023 (USD MILLION)            132

TABLE 59              ELECTRICAL BUSHINGS MARKET, BY VOLTAGE, 2024–2029 (USD MILLION)            132

TABLE 60              UP TO 36 KV: ELECTRICAL BUSHINGS MARKET, BY REGION,

2021–2023 (USD MILLION)            133

TABLE 61              UP TO 36 KV: ELECTRICAL BUSHINGS MARKET, BY REGION,

2024–2029 (USD MILLION)            133

TABLE 62              37–230 KV: ELECTRICAL BUSHINGS MARKET, BY REGION,

2021–2023 (USD MILLION)            134

TABLE 63              37–230 KV: ELECTRICAL BUSHINGS MARKET, BY REGION,

2024–2029 (USD MILLION)            134

TABLE 64             ABOVE 230 KV: ELECTRICAL BUSHINGS MARKET, BY REGION,

2021–2023 (USD MILLION)            135

TABLE 65             ABOVE 230 KV: ELECTRICAL BUSHINGS MARKET, BY REGION,

2024–2029 (USD MILLION)            136

TABLE 66              ELECTRICAL BUSHINGS MARKET, BY REGION, 2021–2023 (USD MILLION)            140

TABLE 67              ELECTRICAL BUSHINGS MARKET, BY REGION, 2024–2029 (USD MILLION)            140

TABLE 68              ELECTRICAL BUSHINGS MARKET, BY REGION, 2021–2023 (UNITS)            140

TABLE 69              ELECTRICAL BUSHINGS MARKET, BY REGION, 2024–2029 (UNITS)            141

TABLE 70              ASIA PACIFIC: ELECTRICAL BUSHINGS MARKET, BY TYPE,

2021–2023 (USD MILLION)            142

TABLE 71              ASIA PACIFIC: ELECTRICAL BUSHINGS MARKET, BY TYPE,

2024–2029 (USD MILLION)            143

TABLE 72              ASIA PACIFIC: ELECTRICAL BUSHINGS MARKET, BY INSULATION MATERIAL,

2021–2023 (USD MILLION)            143

TABLE 73              ASIA PACIFIC: ELECTRICAL BUSHINGS MARKET, BY INSULATION MATERIAL,

2024–2029 (USD MILLION)            143

TABLE 74              ASIA PACIFIC: ELECTRICAL BUSHINGS MARKET, BY VOLTAGE,

2021–2023 (USD MILLION)            144

TABLE 75              ASIA PACIFIC: ELECTRICAL BUSHINGS MARKET, BY VOLTAGE,

2024–2029 (USD MILLION)            144

TABLE 76              ASIA PACIFIC: ELECTRICAL BUSHINGS MARKET, BY APPLICATION,

2021–2023 (USD MILLION)            144

TABLE 77              ASIA PACIFIC: ELECTRICAL BUSHINGS MARKET, BY APPLICATION,

2024–2029 (USD MILLION)            144

TABLE 78              ASIA PACIFIC: ELECTRICAL BUSHINGS MARKET, BY END USER,

2021–2023 (USD MILLION)            145

TABLE 79              ASIA PACIFIC: ELECTRICAL BUSHINGS MARKET, BY END USER,

2024–2029 (USD MILLION)            145

TABLE 80              ASIA PACIFIC: ELECTRICAL BUSHINGS MARKET, BY COUNTRY,

2021–2023 (USD MILLION)            145

TABLE 81              ASIA PACIFIC: ELECTRICAL BUSHINGS MARKET, BY COUNTRY,

2024–2029 (USD MILLION)            146

TABLE 82              CHINA: ELECTRICAL BUSHINGS MARKET, BY END USER,

2021–2023 (USD MILLION)            147

TABLE 83              CHINA: ELECTRICAL BUSHINGS MARKET, BY END USER,

2024–2029 (USD MILLION)            147

TABLE 84              INDIA: ELECTRICAL BUSHINGS MARKET, BY END USER,

2021–2023 (USD MILLION)            148

TABLE 85              INDIA: ELECTRICAL BUSHINGS MARKET, BY END USER,

2024–2029 (USD MILLION)            148

TABLE 86              JAPAN: ELECTRICAL BUSHINGS MARKET, BY END USER,

2021–2023 (USD MILLION)            149

TABLE 87              JAPAN: ELECTRICAL BUSHINGS MARKET, BY END USER,

2024–2029 (USD MILLION)            149

TABLE 88              AUSTRALIA: ELECTRICAL BUSHINGS MARKET, BY END USER,

2021–2023 (USD MILLION)            150

TABLE 89              AUSTRALIA: ELECTRICAL BUSHINGS MARKET, BY END USER,

2024–2029 (USD MILLION)            151

TABLE 90              REST OF ASIA PACIFIC: ELECTRICAL BUSHINGS MARKET, BY END USER,

2021–2023 (USD MILLION)            152

TABLE 91              REST OF ASIA PACIFIC: ELECTRICAL BUSHINGS MARKET, BY END USER,

2024–2029 (USD MILLION)            152

TABLE 92              NORTH AMERICA: ELECTRICAL BUSHINGS MARKET, BY TYPE,

2021–2023 (USD MILLION)            154

TABLE 93              NORTH AMERICA: ELECTRICAL BUSHINGS MARKET, BY TYPE,

2024–2029 (USD MILLION)            154

TABLE 94              NORTH AMERICA: ELECTRICAL BUSHINGS MARKET, BY INSULATION MATERIAL, 2021–2023 (USD MILLION)                 154

TABLE 95              NORTH AMERICA: ELECTRICAL BUSHINGS MARKET, BY INSULATION MATERIAL, 2024–2029 (USD MILLION)                 155

TABLE 96              NORTH AMERICA: ELECTRICAL BUSHINGS MARKET, BY VOLTAGE,

2021–2023 (USD MILLION)            155

TABLE 97              NORTH AMERICA: ELECTRICAL BUSHINGS MARKET, BY VOLTAGE,

2024–2029 (USD MILLION)            155

TABLE 98              NORTH AMERICA: ELECTRICAL BUSHINGS MARKET, BY APPLICATION,

2021–2023 (USD MILLION)            155

TABLE 99              NORTH AMERICA: ELECTRICAL BUSHINGS MARKET, BY APPLICATION,

2024–2029 (USD MILLION)            156

TABLE 100            NORTH AMERICA: ELECTRICAL BUSHINGS MARKET, BY END USER,

2021–2023 (USD MILLION)            156

TABLE 101            NORTH AMERICA: ELECTRICAL BUSHINGS MARKET, BY END USER,

2024–2029 (USD MILLION)            157

TABLE 102            NORTH AMERICA: ELECTRICAL BUSHINGS MARKET, BY COUNTRY,

2021–2023 (USD MILLION)            157

TABLE 103            NORTH AMERICA: ELECTRICAL BUSHINGS MARKET, BY COUNTRY,

2024–2029 (USD MILLION)            157

TABLE 104            US: ELECTRICAL BUSHINGS MARKET, BY END USER, 2021–2023 (USD MILLION)                158

TABLE 105            US: ELECTRICAL BUSHINGS MARKET, BY END USER, 2024–2029 (USD MILLION)                159

TABLE 106            CANADA: ELECTRICAL BUSHINGS MARKET, BY END USER,

2021–2023 (USD MILLION)            160

TABLE 107            CANADA: ELECTRICAL BUSHINGS MARKET, BY END USER,

2024–2029 (USD MILLION)          160

TABLE 108            MEXICO: ELECTRICAL BUSHINGS MARKET, BY END USER,

2021–2023 (USD MILLION)            161

TABLE 109            MEXICO: ELECTRICAL BUSHINGS MARKET, BY END USER,

2024–2029 (USD MILLION)            162

TABLE 110            EUROPE: ELECTRICAL BUSHINGS MARKET, BY TYPE, 2021–2023 (USD MILLION)                163

TABLE 111            EUROPE: ELECTRICAL BUSHINGS MARKET, BY TYPE, 2024–2029 (USD MILLION)                163

TABLE 112            EUROPE: ELECTRICAL BUSHINGS MARKET, BY INSULATION MATERIAL,

2021–2023 (USD MILLION)            163

TABLE 113            EUROPE: ELECTRICAL BUSHINGS MARKET, BY INSULATION MATERIAL,

2024–2029 (USD MILLION)            163

TABLE 114            EUROPE: ELECTRICAL BUSHINGS MARKET, BY VOLTAGE,

2021–2023 (USD MILLION)            164

TABLE 115            EUROPE: ELECTRICAL BUSHINGS MARKET, BY VOLTAGE,

2024–2029 (USD MILLION)            164

TABLE 116            EUROPE: ELECTRICAL BUSHINGS MARKET, BY APPLICATION,

2021–2023 (USD MILLION)            164

TABLE 117            EUROPE: ELECTRICAL BUSHINGS MARKET, BY APPLICATION,

2024–2029 (USD MILLION)            165

TABLE 118            EUROPE: ELECTRICAL BUSHINGS MARKET, BY END USER,

2021–2023 (USD MILLION)            165

TABLE 119            EUROPE: ELECTRICAL BUSHINGS MARKET, BY END USER,

2024–2029 (USD MILLION)            165

TABLE 120            EUROPE: ELECTRICAL BUSHINGS MARKET, BY COUNTRY,

2021–2023 (USD MILLION)            166

TABLE 121            EUROPE: ELECTRICAL BUSHINGS MARKET, BY COUNTRY,

2024–2029 (USD MILLION)            166

TABLE 122            GERMANY: ELECTRICAL BUSHINGS MARKET, BY END USER,

2021–2023 (USD MILLION)            167

TABLE 123            GERMANY: ELECTRICAL BUSHINGS MARKET, BY END USER,

2024–2029 (USD MILLION)            167

TABLE 124            UK: ELECTRICAL BUSHINGS MARKET, BY END USER, 2021–2023 (USD MILLION)                168

TABLE 125            UK: ELECTRICAL BUSHINGS MARKET, BY END USER, 2024–2029 (USD MILLION)                169

TABLE 126            FRANCE: ELECTRICAL BUSHINGS MARKET, BY END USER,

2021–2023 (USD MILLION)            169

TABLE 127            FRANCE: ELECTRICAL BUSHINGS MARKET, BY END USER,

2024–2029 (USD MILLION)            170

TABLE 128            REST OF EUROPE: ELECTRICAL BUSHINGS MARKET, BY END USER,

2021–2023 (USD MILLION)            171

TABLE 129            REST OF EUROPE: ELECTRICAL BUSHINGS MARKET, BY END USER,

2024–2029 (USD MILLION)            171

TABLE 130            MIDDLE EAST & AFRICA: ELECTRICAL BUSHINGS MARKET, BY TYPE,

2021–2023 (USD MILLION)            172

TABLE 131            MIDDLE EAST & AFRICA: ELECTRICAL BUSHINGS MARKET, BY TYPE,

2024–2029 (USD MILLION)            173

TABLE 132            MIDDLE EAST & AFRICA: ELECTRICAL BUSHINGS MARKET, BY INSULATION MATERIAL, 2021–2023 (USD MILLION) 173

TABLE 133            MIDDLE EAST & AFRICA: ELECTRICAL BUSHINGS MARKET, BY INSULATION MATERIAL, 2024–2029 (USD MILLION) 173

TABLE 134            MIDDLE EAST & AFRICA: ELECTRICAL BUSHINGS MARKET, BY VOLTAGE,

2021–2023 (USD MILLION)            174

TABLE 135            MIDDLE EAST & AFRICA: ELECTRICAL BUSHINGS MARKET, BY VOLTAGE,

2024–2029 (USD MILLION)            174

TABLE 136            MIDDLE EAST & AFRICA: ELECTRICAL BUSHINGS MARKET, BY APPLICATION, 2021–2023 (USD MILLION)            174

TABLE 137            MIDDLE EAST & AFRICA: ELECTRICAL BUSHINGS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)            174

TABLE 138            MIDDLE EAST & AFRICA: ELECTRICAL BUSHINGS MARKET, BY END USER,

2021–2023 (USD MILLION)            175

TABLE 139            MIDDLE EAST & AFRICA: ELECTRICAL BUSHINGS MARKET, BY END USER,

2024–2029 (USD MILLION)            175

TABLE 140            MIDDLE EAST & AFRICA: ELECTRICAL BUSHINGS MARKET, BY COUNTRY,

2021–2023 (USD MILLION)            175

TABLE 141            MIDDLE EAST & AFRICA: ELECTRICAL BUSHINGS MARKET, BY COUNTRY,

2024–2029 (USD MILLION)            176

TABLE 142            GCC: ELECTRICAL BUSHINGS MARKET, BY COUNTRY, 2021–2023 (USD MILLION)     177

TABLE 143            GCC: ELECTRICAL BUSHINGS MARKET, BY COUNTRY, 2024–2029 (USD MILLION)     177

TABLE 144            SAUDI ARABIA: ELECTRICAL BUSHINGS MARKET, BY END USER,

2021–2023 (USD MILLION)            178

TABLE 145            SAUDI ARABIA: ELECTRICAL BUSHINGS MARKET, BY END USER,

2024–2029 (USD MILLION)            178

TABLE 146            UAE: ELECTRICAL BUSHINGS MARKET, BY END USER, 2021–2023 (USD MILLION)                179

TABLE 147            UAE: ELECTRICAL BUSHINGS MARKET, BY END USER, 2024–2029 (USD MILLION)                180

TABLE 148            REST OF GCC: ELECTRICAL BUSHINGS MARKET, BY END USER,

2021–2023 (USD MILLION)            181

TABLE 149            REST OF GCC: ELECTRICAL BUSHINGS MARKET, BY END USER,

2024–2029 (USD MILLION)            181

TABLE 150            SOUTH AFRICA: ELECTRICAL BUSHINGS MARKET, BY END USER,

2021–2023 (USD MILLION)            183

TABLE 151            SOUTH AFRICA: ELECTRICAL BUSHINGS MARKET, BY END USER,

2024–2029 (USD MILLION)            183

TABLE 152            REST OF MIDDLE EAST & AFRICA: ELECTRICAL BUSHINGS MARKET, BY END USER, 2021–2023 (USD MILLION)                 184

TABLE 153            REST OF MIDDLE EAST & AFRICA: ELECTRICAL BUSHINGS MARKET, BY END USER, 2024–2029 (USD MILLION)                 185

TABLE 154            SOUTH AMERICA: ELECTRICAL BUSHINGS MARKET, BY TYPE,

2021–2023 (USD MILLION)            186

TABLE 155            SOUTH AMERICA: ELECTRICAL BUSHINGS MARKET, BY TYPE,

2024–2029 (USD MILLION)            186

TABLE 156            SOUTH AMERICA: ELECTRICAL BUSHINGS MARKET, BY INSULATION MATERIAL, 2021–2023 (USD MILLION)                 186

TABLE 157            SOUTH AMERICA: ELECTRICAL BUSHINGS MARKET, BY INSULATION MATERIAL, 2024–2029 (USD MILLION)                 187

TABLE 158            SOUTH AMERICA: ELECTRICAL BUSHINGS MARKET, BY VOLTAGE,

2021–2023 (USD MILLION)            187

TABLE 159            SOUTH AMERICA: ELECTRICAL BUSHINGS MARKET, BY VOLTAGE,

2024–2029 (USD MILLION)            187

TABLE 160            SOUTH AMERICA: ELECTRICAL BUSHINGS MARKET, BY APPLICATION,

2021–2023 (USD MILLION)            187

TABLE 161            SOUTH AMERICA: ELECTRICAL BUSHINGS MARKET, BY APPLICATION,

2024–2029 (USD MILLION)            188

TABLE 162            SOUTH AMERICA: ELECTRICAL BUSHINGS MARKET, BY END USER,

2021–2023 (USD MILLION)            188

TABLE 163            SOUTH AMERICA: ELECTRICAL BUSHINGS MARKET, BY END USER,

2024–2029 (USD MILLION)            189

TABLE 164            SOUTH AMERICA: ELECTRICAL BUSHINGS MARKET, BY COUNTRY,

2021–2023 (USD MILLION)            189

TABLE 165            SOUTH AMERICA: ELECTRICAL BUSHINGS MARKET, BY COUNTRY,

2024–2029 (USD MILLION)            189

TABLE 166            BRAZIL: ELECTRICAL BUSHINGS MARKET, BY END USER,

2021–2023 (USD MILLION)            191

TABLE 167            BRAZIL: ELECTRICAL BUSHINGS MARKET, BY END USER,

2024–2029 (USD MILLION)            191

TABLE 168            ARGENTINA: ELECTRICAL BUSHINGS MARKET, BY END USER,

2021–2023 (USD MILLION)            192

TABLE 169            ARGENTINA: ELECTRICAL BUSHINGS MARKET, BY END USER,

2024–2029 (USD MILLION)            192

TABLE 170            REST OF SOUTH AMERICA: ELECTRICAL BUSHINGS MARKET, BY END USER,

2021–2023 (USD MILLION)            193

TABLE 171            REST OF SOUTH AMERICA: ELECTRICAL BUSHINGS MARKET, BY END USER,

2024–2029 (USD MILLION)            194

TABLE 172            ELECTRICAL BUSHINGS MARKET: OVERVIEW OF STRATEGIES ADOPTED

BY KEY PLAYERS, 2021–2024          195

TABLE 173            ELECTRICAL BUSHINGS MARKET: DEGREE OF COMPETITION, 2023       200

TABLE 174            ELECTRICAL BUSHINGS MARKET: REGION FOOTPRINT       208

TABLE 175            ELECTRICAL BUSHINGS MARKET: TYPE FOOTPRINT       209

TABLE 176            ELECTRICAL BUSHINGS MARKET: APPLICATION FOOTPRINT         210

TABLE 177            ELECTRICAL BUSHINGS MARKET: VOLTAGE FOOTPRINT       211

TABLE 178            ELECTRICAL BUSHINGS MARKET: DETAILED LIST OF KEY STARTUPS/SMES   214

TABLE 179            ELECTRICAL BUSHINGS MARKET: COMPETITIVE BENCHMARKING OF

KEY STARTUPS/SMES    215

TABLE 180            ELECTRICAL BUSHINGS MARKET: PRODUCT LAUNCHES, JANUARY

2021–NOVEMBER 2024    216

TABLE 181            ELECTRICAL BUSHINGS MARKET: DEALS, JANUARY 2021–NOVEMBER 2024                 216

TABLE 182            ELECTRICAL BUSHINGS MARKET: EXPANSIONS, JANUARY 2021–NOVEMBER 2024                 219

TABLE 183            ABB: COMPANY OVERVIEW         221

TABLE 184            ABB: PRODUCTS/SOLUTIONS/SERVICES OFFERED             222

TABLE 185            ABB: DEALS        223

TABLE 186            ABB: EXPANSIONS           224

TABLE 187            ABB: OTHER DEVELOPMENTS   225

TABLE 188            SIEMENS: COMPANY OVERVIEW               226

TABLE 189            SIEMENS: PRODUCTS/SOLUTIONS/SERVICES OFFERED             227

TABLE 190            SIEMENS: PRODUCT LAUNCHES               228

TABLE 191            SIEMENS: DEALS               229

TABLE 192            HITACHI ENERGY LTD: COMPANY OVERVIEW                 231

TABLE 193            HITACHI ENERGY LTD: PRODUCTS/SOLUTIONS/SERVICES OFFERED    232

TABLE 194            HITACHI ENERGY LTD: DEVELOPMENTS                 233

TABLE 195            EATON: COMPANY OVERVIEW  235

TABLE 196            EATON: PRODUCTS/SOLUTIONS/SERVICES OFFERED             236

TABLE 197            EATON: DEALS 237

TABLE 198            EATON: EXPANSIONS    238

TABLE 199            GENERAL ELECTRIC COMPANY: COMPANY OVERVIEW          240

TABLE 200            GENERAL ELECTRIC COMPANY: PRODUCTS/SOLUTIONS/SERVICES OFFERED    241

TABLE 201            GENERAL ELECTRIC COMPANY: DEALS 242

TABLE 202            GENERAL ELECTRIC COMPANY: OTHER DEVELOPMENTS              243

TABLE 203            SCHNEIDER ELECTRIC: COMPANY OVERVIEW                 244

TABLE 204            SCHNEIDER ELECTRIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED    245

TABLE 205            SCHNEIDER ELECTRIC: EXPANSIONS     246

TABLE 206            CG POWER & INDUSTRIAL SOLUTIONS LTD.: COMPANY OVERVIEW   247

TABLE 207            CG POWER & INDUSTRIAL SOLUTIONS LTD.:

PRODUCTS/SOLUTIONS/SERVICES OFFERED    248

TABLE 208            TRENCH GROUP: COMPANY OVERVIEW                 249

TABLE 209            TRENCH GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED    250

TABLE 210            TRENCH GROUP: DEALS               251

TABLE 211            HUBBELL: COMPANY OVERVIEW              252

TABLE 212            HUBBELL: PRODUCTS/SOLUTIONS/SERVICES OFFERED             253

TABLE 213            POLYCAST INTERNATIONAL: COMPANY OVERVIEW          255

TABLE 214            POLYCAST INTERNATIONAL: PRODUCTS/SOLUTIONS/SERVICES OFFERED    255

TABLE 215            RHM INTERNATIONAL, LLC: COMPANY OVERVIEW          257

TABLE 216            RHM INTERNATIONAL, LLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED    257

TABLE 217            RELIANCE POTTERIES: COMPANY OVERVIEW                 258

TABLE 218            RELIANCE POTTERIES: PRODUCTS/SOLUTIONS/SERVICES OFFERED    258

TABLE 219            PFISTERER HOLDING SE: COMPANY OVERVIEW                 260

TABLE 220            PFISTERER HOLDING SE: PRODUCTS/SOLUTIONS/SERVICES OFFERED    260

TABLE 221            WEBSTER WILKINSON LTD.: COMPANY OVERVIEW          262

TABLE 222            WEBSTER WILKINSON LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    262

TABLE 223            BUSHING (BEIJING) HV ELECTRIC CO., LTD: COMPANY OVERVIEW   264

TABLE 224            BUSHING (BEIJING) HV ELECTRIC CO., LTD:

PRODUCTS/SOLUTIONS/SERVICES OFFERED    264

TABLE 225            NEXANS: COMPANY OVERVIEW 267

TABLE 226            NEXANS: PRODUCTS/SOLUTIONS/SERVICES OFFERED             268

TABLE 227            NEXANS: DEALS                269

TABLE 228            YASH HIGHVOLTAGE INSULATORS PVT. LTD.: COMPANY OVERVIEW   270

TABLE 229            YASH HIGHVOLTAGE INSULATORS PVT. LTD.:

PRODUCTS/SOLUTIONS/SERVICES OFFERED    271

TABLE 230            YASH HIGHVOLTAGE INSULATORS PVT. LTD.: PRODUCT LAUNCHES   272

TABLE 231            NU-CORK PRODUCTS PVT LTD: COMPANY OVERVIEW          273

TABLE 232            NU-CORK PRODUCTS PVT LTD: PRODUCTS/SOLUTIONS/SERVICES OFFERED    274

TABLE 233            CHINSUN: COMPANY OVERVIEW              275

TABLE 234            CHINSUN: PRODUCTS/SOLUTIONS/SERVICES OFFERED             275

TABLE 235            GAMMA INSULATORS: COMPANY OVERVIEW                 277

TABLE 236            GAMMA INSULATORS: PRODUCTS/SOLUTIONS/SERVICES OFFERED    277

LIST OF FIGURES

FIGURE 1              ELECTRICAL BUSHINGS MARKET SEGMENTATION AND REGIONAL SCOPE              25

FIGURE 2              ELECTRICAL BUSHINGS MARKET: RESEARCH DESIGN                30

FIGURE 3              KEY METRICS CONSIDERED TO ANALYZE DEMAND FOR ELECTRICAL BUSHINGS 36

FIGURE 4              ELECTRICAL BUSHINGS MARKET: BOTTOM-UP APPROACH         36

FIGURE 5              ELECTRICAL BUSHINGS MARKET: TOP-DOWN APPROACH         39

FIGURE 6              KEY STEPS CONSIDERED TO ASSESS SUPPLY OF ELECTRICAL BUSHINGS                40

FIGURE 7              ELECTRICAL BUSHINGS MARKET SIZE ESTIMATION METHODOLOGY (SUPPLY SIDE)  40

FIGURE 8              ELECTRICAL BUSHINGS MARKET: DATA TRIANGULATION             42

FIGURE 9              OIL IMPREGNATED PAPER BUSHINGS SEGMENT TO DOMINATE ELECTRICAL BUSHINGS MARKET DURING FORECAST PERIOD       46

FIGURE 10            PORCELAIN SEGMENT TO HOLD LARGEST SHARE OF ELECTRICAL BUSHINGS MARKET IN 2029        46

FIGURE 11            UP TO 36 KV SEGMENT TO DOMINATE ELECTRICAL BUSHINGS MARKET FROM 2024 TO 2029     47

FIGURE 12            TRANSFORMERS SEGMENT TO CAPTURE LARGEST SHARE OF ELECTRICAL BUSHINGS MARKET IN 2024                 48

FIGURE 13            UTILITIES SEGMENT TO HOLD LARGEST MARKET SHARE IN 2024 48

FIGURE 14            ASIA PACIFIC TO ACCOUNT FOR LARGEST SHARE OF ELECTRICAL BUSHINGS MARKET BETWEEN 2024 AND 2029        49

FIGURE 15            RISING EMPHASIS ON GRID MODERNIZATION TO ENHANCE POWER TRANSMISSION EFFICIENCY TO DRIVE MARKET               50

FIGURE 16            OIL IMPREGNATED PAPER BUSHINGS SEGMENT AND CHINA CAPTURED LARGEST SHARES OF ELECTRICAL BUSHINGS MARKET IN ASIA PACIFIC IN 2023                 51

FIGURE 17            OIL IMPREGNATED PAPER BUSHINGS SEGMENT TO HOLD LARGEST MARKET SHARE IN 2029  51

FIGURE 18            PORCELAIN SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE IN 2029             52

FIGURE 19            UP TO 36 KV SEGMENT TO HOLD LARGEST MARKET SHARE IN 2029 52

FIGURE 20            TRANSFORMERS SEGMENT TO CAPTURE LARGEST MARKET SHARE IN 2029             52

FIGURE 21            UTILITIES SEGMENT TO HOLD LARGEST MARKET SHARE IN 2029 53

FIGURE 22            ASIA PACIFIC TO WITNESS HIGHEST CAGR IN ELECTRICAL BUSHINGS MARKET DURING FORECAST PERIOD                 53

FIGURE 23            DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES    55

FIGURE 24            GLOBAL INVESTMENT IN POWER SECTOR, 2019–2023              56

FIGURE 25            GLOBAL ANNUAL INVESTMENT IN GRID INFRASTRUCTURE, 2017–2023     58

FIGURE 26            GLOBAL INVESTMENT IN CLEAN ENERGY, 2017–2023        62

FIGURE 27            INCREASE IN ANNUAL CLEAN ENERGY INVESTMENT IN

SELECTED COUNTRIES AND REGIONS, 2019–2023              62

FIGURE 28            TRENDS/DISRUPTIONS INFLUENCING CUSTOMER BUSINESS   67

FIGURE 29            ECOSYSTEM ANALYSIS  68

FIGURE 30            AVERAGE SELLING PRICE TREND OF ELECTRICAL BUSHINGS,

BY REGION, 2021–2023    71

FIGURE 31            INVESTMENT AND FUNDING SCENARIO, 2023                 71

FIGURE 32            SUPPLY CHAIN ANALYSIS             72

FIGURE 33            IMPORT DATA FOR HS CODE 854620-COMPLIANT PRODUCTS

FOR TOP 5 COUNTRIES, 2019–2023            86

FIGURE 34            EXPORT DATA FOR HS CODE 854620-COMPLIANT PRODUCTS

FOR TOP 5 COUNTRIES, 2019–2023            87

FIGURE 35            PATENTS APPLIED AND GRANTED, 2014–2023                 88

FIGURE 36            PORTER’S FIVE FORCES ANALYSIS           92

FIGURE 37            INFLUENCE OF KEY STAKEHOLDERS ON BUYING PROCESS

FOR TOP THREE END USERS      94

FIGURE 38            BUYING CRITERIA FOR TOP THREE END USERS                 95

FIGURE 39            IMPACT OF GEN AI/AI ON ELECTRICAL BUSHINGS MARKET, BY REGION               98

FIGURE 40            ELECTRICAL BUSHINGS MARKET SHARE, BY APPLICATION, 2023         103

FIGURE 41            ELECTRICAL BUSHINGS MARKET SHARE, BY END USER, 2023 109

FIGURE 42            ELECTRICAL BUSHINGS MARKET SHARE, BY INSULATION MATERIAL, 2023     119

FIGURE 43            ELECTRICAL BUSHINGS MARKET SHARE, BY TYPE, 2023           125

FIGURE 44            ELECTRICAL BUSHINGS MARKET SHARE, BY VOLTAGE, 2023 132

FIGURE 45            ASIA PACIFIC TO REGISTER HIGHEST CAGR IN ELECTRICAL BUSHINGS MARKET FROM 2024 TO 2029     139

FIGURE 46            ELECTRICAL BUSHINGS MARKET SHARE, BY REGION, 2023     139

FIGURE 47            ASIA PACIFIC ELECTRICAL BUSHINGS MARKET SNAPSHOT          142

FIGURE 48            NORTH AMERICA ELECTRICAL BUSHINGS MARKET SNAPSHOT       153

FIGURE 49            ELECTRICAL BUSHINGS MARKET: REVENUE ANALYSIS OF FIVE KEY PLAYERS, 2019–2023          199

FIGURE 50            MARKET SHARE ANALYSIS OF COMPANIES

OFFERING ELECTRICAL BUSHINGS, 2023               201

FIGURE 51            COMPANY VALUATION, 2024      203

FIGURE 52            FINANCIAL METRICS, 2024            203

FIGURE 53            PRODUCT COMPARISON              204

FIGURE 54            ELECTRICAL BUSHINGS MARKET:

COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023  206

FIGURE 55            ELECTRICAL BUSHINGS MARKET: COMPANY FOOTPRINT       207

FIGURE 56            ELECTRICAL BUSHINGS MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023 213

FIGURE 57            ABB: COMPANY SNAPSHOT        222

FIGURE 58            SIEMENS: COMPANY SNAPSHOT               227

FIGURE 59            HITACHI ENERGY LTD: COMPANY SNAPSHOT                 232

FIGURE 60            EATON: COMPANY SNAPSHOT  236

FIGURE 61            GENERAL ELECTRIC COMPANY: COMPANY SNAPSHOT          241

FIGURE 62            SCHNEIDER ELECTRIC: COMPANY SNAPSHOT                 245

FIGURE 63            CG POWER & INDUSTRIAL SOLUTIONS LTD.: COMPANY SNAPSHOT   248

FIGURE 64            HUBBELL: COMPANY SNAPSHOT             253

FIGURE 65            NEXANS: COMPANY SNAPSHOT                268