Glass Insulated Electrical Bushing Market Size

  • Report ID: 6559
  • Published Date: Oct 14, 2024
  • Report Format: PDF, PPT

Glass Insulated Electrical Bushing Market Size

Glass Insulated Electrical Bushing Market size is estimated at USD 1.6 billion in 2024 and is predicted to attain USD 3.4 billion in 2037 surging at a CAGR of 6.5% during the forecast period from 2025 to 2037. In 2025, the industry size of glass insulated electrical bushing is assessed at USD 1.7 billion.

The glass insulated electrical bushing market has accelerated at a rapid pace attributable to the rising interest in efficient energy transmission systems. Glasses are preferably used as they provide superior insulation properties compared with other materials and also exhibit mechanical strength and resistance to environmental influences such as moisture or pollution.

Renewable energy projects are adding further to the increased demand for glass-insulated bushings, as wind and solar power are rising. Many countries are upgrading power infrastructure towards clean-energy-generation sources, making them ideal for power transformers, gas-insulated switchgear, and other high-voltage equipment. For instance, in February 2020, Indiana Michigan Power, an American Electric Power division, announced investing USD 77 million to modernize and construct new substations as part of its electric transmission network. The shift toward modernized and smart grids is enhancing the prospects for the glass insulated electrical bushing market.


Glass Insulated Electrical Bushing Market Overview
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Author Credits:  Dhruv Bhatia


  • Report ID: 6559
  • Published Date: Oct 14, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of the glass insulated electrical bushing market was over USD 1.6 billion.

The market size of the glass insulated electrical bushing market is projected to cross USD 3.4 billion by the end of 2037 expanding at a CAGR of 6.5% during the forecast period i.e., between 2025-2037.

The major players in the market are Schneider Electric, Siemens AG, Eaton Corporation, General Electric, Nexans, RBC Bearings, and others.

In terms of voltage, the high voltage segment is anticipated to garner the largest market share of 51.6% by 2037 and display lucrative growth opportunities during 2025-2037.

The market in Asia Pacific is projected to hold the largest market share of 48.0% by the end of 2037 and provide more business opportunities in the future.
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