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Polymeric Electrical Bushing Market Size

  • Report ID: GMI8886
  • Published Date: Apr 2024
  • Report Format: PDF

Polymeric Electrical Bushing Market Size

Polymeric Electrical Bushing Market size was assessed at USD 1,378 million in 2023 and is envisioned to grow at a CAGR of 7.3% from 2024 to 2032. Over the past decade, the growing forces of globalization and the expanding global population have notably fueled the rise in global electricity demand. With flourishing GDPs in both developed and emerging economies, there has been a concurrent increase in the establishment of new industrial units, alongside a heightened emphasis on ensuring a dependable power supply.


 Consequently, nations are prioritizing the enhancement of their current power supply infrastructure by deploying efficient, secure, and sustainable technologies. For instance, in April 2023, Siemens Smart Infrastructure unveils innovative solutions with the debut of SIBushing, a smart cable connection bushing, and SICAM FCM plus, a flexible short-circuit and earth-fault indicator.


Authors: Ankit Gupta, Vinayak Shukla

Frequently Asked Questions (FAQ) :

Polymeric Electrical Bushing industry size was registered USD 1.37 billion in 2023 and will demonstrate a 7.3% CAGR between 2024 and 2032 owing to industrialization and urbanization, fuels the need for efficient and reliable power transmission and distribution systems.

The oil impregnated paper (OIP) bushing type segment will capture USD 1.45 billion in 2032, attributed to superior insulation properties and reliability of OIP bushings, especially in high voltage applications.

Asia Pacific polymeric electrical bushing industry secured 750 million in 2023, driven by rapid industrialization, infrastructural developments, and increasing demand for electricity.

Key Players operating in the market are ABB, CG Power and Industrial Solutions, Eaton, Elliot Industries, General Electric, GIPRO, Hitachi Energy, Hubbell, Meister International, LLC, Nexans, Siemens Energy among others.

Polymeric Electrical Bushing Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 18
  • Tables & Figures: 844
  • Countries covered: 22
  • Pages: 400
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