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.
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.
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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).
Study Objectives of Global HV Bushing Market:
- To provide detailed analysis of the market structure along with forecast for the next five years of the various segments and sub-segments of the Global HV Bushing Market.
- To provide insights about factors affecting the market growth.
- To analyze the global HV bushing market based on various tools such as Supply Chain Analysis, and Porter’s Five Forces Analysis.
- To provide historical and forecast revenue of the market segments and sub-segments with respect to regions and their respective key countries.
- To provide country level analysis of the market with respect to the current market size and future prospective.
- To provide country level analysis of the market for segments by material type, product, application and region.
- To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.
- To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the HV Bushing Market.
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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 Points from Table of Contents:
9.2 Competitive Scenario
9.2.1 Market Share Analysis
9.2.2 Market Development Analysis
9.2.3 INSTALLATION /Service Benchmarking
9.3 General Electric (U.S.)
9.3.2 HV Bushing Type/Service Offering
9.4 Siemens AG (Germany)
9.4.2 HV Bushing Type/Service Offering
9.5 ELANTAS GmbH (Germany)
9.5.2 HV Bushing Type/Service Offering
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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.