Global Electrical Bushings Market to reach USD 3.47 billion by 2027.Global Electrical Bushings Market is valued approximately at USD 2.66 billion in 2020 and is anticipated to grow with a growth rate of more than 3.86% over the forecast period 2021-2027. Electrical bushing is an inorganic material that permits an electric field to pass safely past a transmitting boundary without making electrical connection with it. Increasing demand from the end user industries such as railways and increasing demand for electricity generation and transmission are factors contributing to the market growth. For instance: according to BP Statistical, the global electricity generation went up to 27004.7 TWh, in the year 2019 from 25643 TWh, in the year 2017, worldwide. However, increasing number of local and other new players, leading to heavy competition, in the market and decline in the demand and supply of electrical bushing due to COVID-19 Pandemic impedes the growth of the market over the forecast period of 2021-2027. Also, growing attention on the insulation bushings and increasing demand for HVDC (high-voltage direct current) transmission is likely to increase the growth of the market in the forecast period.

The regional analysis of global electrical bushings market includes Asia Pacific, North America, Europe, Latin America and Rest of the World for analysis and estimation, Asia Pacific is the significant region in terms of largest market share, across the world owing to increasing demand for electricity generation and transmission Whereas, Europe is anticipated to exhibit highest growth rate over the forecast period 2021-2027. Factors such as increasing demand from the end user industries would create lucrative growth prospects for the Electrical Bushings market across European region.

Major market player included in this report are:
RHM International
General Electric Company
GAMMA Insulator Company
ABB Ltd
Siemens AG
Eaton Corporation PLC.
Bharat Heavy Electricals Ltd
Nexans S.A
CG Power and Industrial Solutions ltd
Bharat Heavy Electricals Ltd




The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By type:
Oil Impregnated Paper
Resin Impregnated Paper
Others
By Application:
Transformers
Switchgears
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027

Target Audience of the Global Electrical Bushings Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors