電気ブッシングの市場規模：タイプ別、絶縁体別、電圧別、用途別、エンドユーザー別、地域別、範囲および予測

電気ブッシングの市場規模と予測

電気ブッシング市場規模は、2024年に24億8,000万米ドルと評価され、2024年から2031年にかけてCAGR 3.36%で成長し、2031年には31億5,000万米ドルに達すると予測されています。電気ブッシングは中空の絶縁体であり、変圧器のケーシングや回路ブレーカーなどの導電性バリアを、導電体が電気的に接触することなく安全に通過できるようにします。その主な役割は、活線導体と接地された金属ケーシングとの間に電気絶縁を提供し、高電圧での安全な動作を可能にすることです。電気ブッシングは、電力変圧器、回路遮断器、分路リアクトル、コンデンサなどの電気機器において重要な役割を果たします。安全で効率的な電力伝達を保証します。

電気ブッシングの世界市場力学

電気ブッシング市場を形成している主な市場力学

主な市場促進要因

世界の電力需要の増加とインフラの拡張：

世界の電力需要の増加により、送配電網の建設が推進され、電気ブッシングの需要が高まっています。国際エネルギー機関（IEA）によると、世界の電力需要は2040年まで毎年2.1％ずつ増加すると予想されています。IEAのWorld Energy Outlook 2021によると、最終エネルギー消費に占める電力の割合は2020年の20％から2040年には26％に上昇すると予測されており、多額のインフラ投資が必要となり、ブッシングのような電気部品の需要が増加します。

再生可能エネルギー源の採用増加：

再生可能エネルギーへの移行は、ブッシングのような電気インフラの新設・改良を必要とします。国際再生可能エネルギー機関（IRENA）によると、再生可能エネルギーが世界のエネルギー発電に占める割合は、2019年の27％から2020年には29％に増加します。IRENAの「世界の再生可能エネルギー展望」によると2050年のエネルギー転換」によると、2050年までに再生可能エネルギーは総発電量の86％を占めるようになるかもしれないです。この移行に伴い、送電網のインフラや電気部品への多額の投資が必要となり、電気ブッシングの必要性が高まる。

先進諸国における電力インフラの老朽化：

多くの先進国では、電力インフラの老朽化が課題となっており、交換やアップグレードが必要となっています。米国土木学会（American Society of Civil Engineers）の2021年インフラ・レポート・カードによると、米国の大型変圧器の平均使用年数は40年で、70％は25年以上です。このような老朽化したインフラは、送電網の信頼性を維持・向上させるために、電気ブッシングなどの部品を交換する必要性をかなり生み出しています。

主な課題

インフラの老朽化：

世界中の多くの電気系統は古く、かなりの更新や交換が必要です。このような状況は、メンテナンスコストやダウンタイムの増加を招き、革新的な電気ブッシング技術への投資を阻害しています。さらに、電力会社が長期的な改善よりも短期的な保守を優先する可能性があるため、既存のシステムを最新のブッシングで改修することの複雑さが、市場の採用と拡大を遅らせています。

不安定な原材料価格：

電気ブッシング市場は、磁器、樹脂、金属部品など、生産に使用される原材料価格の変動に大きな影響を受ける。価格の変動は予期せぬ製造コストを生み、生産者が競合価格を維持することを困難にします。この不確実性が新規参入を阻む一方で、既存企業が独創的なブッシング・ソリューションの研究開発に費やす能力を制限しています。

主要動向

環境に優しい材料の採用：

電気ブッシングの生産において、環境に優しい材料の使用がますます一般的になってきています。メーカー各社は、持続可能な生産手順と環境への影響が少ない材料にますます重点を置くようになっています。このトランスミッションは、規制基準を満たすだけでなく、より環境に優しい送電技術を求める消費者の需要の高まりに対応するものであり、世界の環境目標に沿ったものです。

スマートグリッド技術の統合：

電気ブッシング市場は、スマートグリッド技術を取り入れる方向に大きくシフトしています。これらの技術革新は監視と診断を改善し、電力システムの信頼性と効率を高める。センサーを備えたスマートブッシングは、運転状況に関するリアルタイムのデータを提供し、予知保全を可能にして故障の可能性を下げ、最終的には電気ネットワークの全体的な性能を最適化します。

再生可能エネルギー用途の拡大：

世界的に再生可能エネルギーへの注目が高まっており、再生可能エネルギーシステムにおける電気ブッシングの需要も増加しています。この動向は、効率的なエネルギートランスミッションのために信頼性の高い電気部品を必要とする風力発電施設や太陽光発電施設の増加に後押しされています。様々な用途で電気ブッシングを使用することで、よりクリーンな代替エネルギーへの移行を助け、電力インフラの信頼性を高めることができます。

目次

第1章 電気ブッシングの世界市場：イントロダクション

• 市場概要
• 調査範囲
• 前提条件

第2章 エグゼクティブサマリー

第3章 VERIFIED MARKET RESEARCHの調査手法

• データマイニング
• バリデーション
• 一次資料
• データソース一覧

第4章 電気ブッシングの世界市場展望

• 概要
• 市場力学
  • 促進要因
  • 抑制要因
  • 機会
• ポーターのファイブフォースモデル
• バリューチェーン分析

第5章 電気ブッシングの世界市場：タイプ別

• イントロダクション
• 含油紙（OIP）
• 樹脂含浸紙（RIP）
• その他

第6章 電気ブッシングの世界市場：絶縁体別

• イントロダクション
• 磁器
• ポリマー
• ガラス

第7章 電気ブッシングの世界市場：電圧別

• イントロダクション
• 中電圧（1 kV～72.5 kV）
• 高電圧（72.5 kV～220 kV）
• 特別高圧（220 kV超）

第8章 電気ブッシングの世界市場：用途別

• イントロダクション
• 変圧器
• 開閉装置
• その他

第9章 電気ブッシングの世界市場：エンドユーザー別

• イントロダクション
• 公益事業
• 産業
• その他

第10章 電気ブッシングの世界市場：地域別

• 概要
• 北米
  • 米国
  • カナダ
  • メキシコ
• 欧州
  • ドイツ
  • 英国
  • フランス
  • その他欧州
• アジア太平洋
  • 中国
  • 日本
  • インド
  • その他アジア太平洋地域
• 世界のその他の地域
  • ラテンアメリカ
  • 中東

第11章 世界の電気ブッシング市場：競合情勢

• 概要
• 各社の市場ランキング
• 主な発展戦略

第12章 企業プロファイル

• ABB
• Siemens
• GE
• Eaton
• Nexans
• Bharat Heavy Electricals Limited
• CG Power and Industrial Solutions
• Elliot Industries
• Gamma

第13章 付録

• 関連調査

Electrical Bushings Market Size and Forecast

Electrical Bushings Market size was valued at USD 2.48 Billion in 2024 and is projected to reach USD 3.15 Billion by 2031, growing at a CAGR of 3.36% from 2024 to 2031. An electrical bushing is a hollow insulator that allows an electrical conductor to safely pass past a conducting barrier, such as a transformer's casing or a circuit breaker, without making electrical contact. Its principal role is to provide electrical insulation between the live conductor and the grounded metallic casing, allowing for safe operation at high voltages. Electrical bushings play a crucial role in electrical equipment such as power transformers, circuit breakers, shunt reactors, and capacitors. They ensure safe and efficient power transfer.

Global Electrical Bushings Market Dynamics

The key market dynamics that are shaping the electrical bushings market include:

Key Market Drivers

Increasing Global Electricity Demand and Infrastructure Expansion:

The increasing global demand for electricity is pushing the construction of power transmission and distribution networks, which raises the demand for electrical bushings. According to the International Energy Agency (IEA), worldwide electricity demand is expected to increase by 2.1% each year until 2040. According to the IEA's World Energy Outlook 2021, the share of electricity in final energy consumption is predicted to rise from 20% in 2020 to 26% in 2040, necessitating significant infrastructure expenditures and increasing demand for electrical components such as bushings.

Rising Adoption of Renewable Energy Sources:

The transition to renewable energy sources necessitates the installation of new and improved electrical infrastructure, such as bushings. According to the International Renewable Energy Agency (IRENA), renewables accounted for 29% of worldwide energy generation in 2020, up from 27% in 2019. According to IRENA's "Global Renewables Outlook: Energy Transformation 2050," renewable energy might account for 86% of total electricity output by 2050. This transition necessitates significant investments in grid infrastructure and electrical components, which increases the need for electrical bushings.

Aging Power Infrastructure in Developed Countries:

Many developed nations are experiencing the challenge of outdated electricity infrastructure that requires replacement and upgrading. According to the American Society of Civil Engineers' 2021 Infrastructure Report Card, the average age of big power transformers in the United States is 40 years, with 70% being 25 years or older. This aging infrastructure generates a considerable need for replacement components, such as electrical bushings, to maintain and increase grid reliability.

Key Challenges:

Aging Infrastructure:

Many electrical systems around the world are ancient and need considerable updates or replacements. This condition results in higher maintenance costs and downtime, discouraging investment in innovative electrical bushing technologies. Furthermore, the complexity of retrofitting existing systems with contemporary bushings delays market adoption and expansion, since utilities may prioritize short-term maintenance over long-term improvements.

Volatile Raw Material Prices:

The electrical bushings market is heavily influenced by fluctuations in the prices of raw materials used in production, including porcelain, resin, and metal components. Volatile prices create unexpected manufacturing costs, making it difficult for producers to maintain competitive pricing. This uncertainty deters new entrants while limiting incumbent companies' capacity to spend in R&D for creative bushing solutions.

Key Trends:

Adoption of Environmentally Friendly Materials:

The use of environmentally friendly materials in the production of electrical bushings is becoming increasingly popular. Manufacturers are increasingly focused on sustainable production procedures and materials that have less environmental impact. This transition not only meets regulatory standards but also addresses increased consumer demand for greener power transmission technologies, which aligns with global environmental goals.

Integration of Smart Grid Technologies:

The electrical bushings market is experiencing a considerable shift toward the incorporation of smart grid technology. These innovations offer improved monitoring and diagnostics, hence increasing the dependability and efficiency of power systems. Smart bushings with sensors can offer real-time data on operational conditions, allowing for predictive maintenance and lowering the chance of failures, ultimately optimizing the overall performance of electrical networks.

Expansion in Renewable Energy Applications:

The global focus on renewable energy sources is increasing, as is the demand for electrical bushings in renewable energy systems. This trend is fueled by the growing number of wind and solar power facilities, which require dependable electrical components for efficient energy transmission. The use of electrical bushings in various applications aids in the shift to cleaner energy alternatives and increases the reliability of power infrastructure.

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Global Electrical Bushings Market Regional Analysis

Here is a more detailed regional analysis of the electrical bushings market:

Asia Pacific:

According to Verified Market Research, the Asia Pacific region is estimated to dominate in electrical bushings market during the forecast period. The Asia Pacific region is rapidly industrializing and urbanizing, resulting in major increases in electricity demand and infrastructure development. According to the Asian Development Bank (ADB), Asia's urban population is projected to increase from 1.84 billion in 2017 to 3.3 billion by 2050. The ADB also predicts that energy demand in the Asia-Pacific region will rise by almost 60% between 2010 and 2035. This surge in energy demand needs considerable power infrastructure expansion, which increases the demand for electrical components such as bushings.

Furthermore, the Asia Pacific region is leading the global investment in renewable energy, necessitating significant modifications to existing power grids as well as the installation of new transmission and distribution networks. According to the International Renewable Energy Agency (IRENA), Asia accounted for 64% of global new renewable energy capacity additions in 2020. In 2020, China alone added 136 GW of renewable capacity, accounting for more than half of the global total. The increasing expansion of renewable energy infrastructure is driving up demand for electrical bushings in the region.

Europe:

Europe region is estimated to exhibit significant growth during the forecast period. Much of Europe's electricity infrastructure is old and needs to be replaced or modernized. According to ENTSO-E, approximately 25% of the European high-voltage transmission system is more than 40 years old. In their "Ten-Year Network Development Plan 2020," ENTSO-E predicts that €93 billion in investments in the European power grid are required by 2030 to facilitate the energy transition. This aged infrastructure generates a substantial need for replacement parts, especially electrical bushings.

Furthermore, the rapid expansion of electric cars (EVs) in Europe is pushing the demand for improved power distribution networks and charging facilities. According to the European Automobile Manufacturers Association (ACEA), electric car registrations in the EU climbed by 110% between 2019 and 2020, totaling more than 1 million units. The European Commission hopes to see at least 30 million zero-emission automobiles on European roads by 2030. This growth needs major modifications to the power infrastructure and distribution systems, which raises the demand for electrical bushings and other components.

North America:

North America is estimated to exhibit substantial growth within the electrical bushings market during the forecast period. North America, particularly the United States, is facing issues from outdated electricity infrastructure, necessitating replacements and upgrades. According to the U.S. Department of Energy's Grid Modernization Multi-Year Program Plan, over 70% of power transformers are over 25 years old, and 60% of circuit breakers are older than 30 years. The American Society of Civil Engineers' 2021 Infrastructure Report Card forecasts that upgrading the United States' electric system will cost $208 billion by 2029. The aging infrastructure and modernization activities are pushing up demand for electrical components, particularly bushings.

Furthermore, North America's electricity demand is increasing, owing to the electrification of many industries. The National Renewable Energy Laboratory (NREL) projects that US electricity consumption would rise by up to 38% by 2050 compared to 2018 levels, owing primarily to electrification in transportation, buildings, and industry. According to the Edison Electric Institute, annual electric car sales in the United States are predicted to approach 3.5 million units by 2030, up from approximately 330,000 in 2019. The increased need for power and the trend toward electrification are pushing investments in grid infrastructure, particularly electrical bushings.

Global Electrical Bushings Market: Segmentation Analysis

The Electrical Bushings Market is segmented based on Type, Insulation, Voltage, Application, End-User, and Geography.

Electrical Bushings Market, By Type

• Oil Impregnated Paper
• Resin Impregnated Paper
• Others

Based on Type, the market is segmented into Oil Impregnated Paper, Resin Impregnated Paper, and Others. The oil impregnated paper segment is estimated to dominate the electrical bushings market due to its great electrical performance, low cost, and high dielectric strength. This type of bushing is commonly utilized in transformer and switchgear applications that require high reliability and efficiency. Oil-impregnated paper bushings' popularity is due to their established manufacturing processes and proven track record of meeting the needs of modern electrical infrastructure reliably and affordably.

Electrical Bushings Market, By Insulation

• Porcelain
• Polymeric
• Glass

Based on Insulation, the Electrical Bushings Market is segmented into Porcelain, Polymeric, and Glass. The porcelain segment is estimated to dominate the market over the forecast period due to porcelain's outstanding dielectric strength, mechanical endurance, and resilience to environmental conditions, which make it the best material for high-voltage applications. Porcelain bushings are commonly used in transformers and substations, where dependable insulation is essential for safety and performance. As infrastructure investments increase, demand for porcelain-insulated bushings is likely to stay high, maintaining the segment's market leadership.

Electrical Bushings Market, By Voltage

• Medium
• High
• Extra-high

Based on Voltage, the market is divided into Medium, High, and Extra-high. The high-voltage segment is estimated to dominate the global market due to the growing need for high-voltage applications in power transmission and distribution systems, particularly transformers and switchgear. As worldwide energy consumption and infrastructure investments rise, high-voltage bushings become increasingly important in guaranteeing an efficient and dependable power supply, making them a crucial component of modern electrical networks.

Electrical Bushings Market, By Application

• Transformer
• Switchgear
• Others

Based on Application, the market is segmented into Transformer, Switchgear, and Others. The transformer segment is estimated to lead this segment in the forecast period due to the crucial function transformers play in power transmission, where bushings are required for securely transporting high-voltage electricity while providing electrical insulation. Increased investments in transmission and distribution (T&D) networks, together with the rising need for dependable electrical infrastructure, are likely to drive the transformer segment's growth in the coming years.

Electrical Bushings Market, By End-User

• Utilities
• Industries
• Others

Based on End-User, the market is segmented into Utilities, Industries, and Others. The utility segment is estimated to hold the majority share in the forecast period in the electrical bushings market due to utilities' vital role in power generation and distribution, which necessitates a large number of transformers and related equipment. As utilities invest in updating and extending their power grid infrastructure to meet increased electricity demand, the need for electrical bushings increases. This trend is projected to continue, reinforcing the utilities segment's market leadership.

Electrical Bushings Market, By Geography

• North America
• Europe
• Asia Pacific
• Rest of the World

Based on Geography, the Electrical Bushings Market is classified into North America, Europe, Asia Pacific, and the Rest of the World. The Asia Pacific region is estimated to hold the largest share of the electrical bushings market due to increased industrialization, rising electricity demand, and considerable expenditures in renewable energy and infrastructural development. The region's increased emphasis on updating transmission and distribution networks drives up demand for electrical bushings, making it a key region for market growth and innovation in the next years.

Key Players

• The "Electrical Bushings Market" study report will provide valuable insight with an emphasis on the global market. The major players in the market are
• ABB, Siemens, GE, Eaton, Nexans Bharat Heavy Electricals Limited, CG Power, and Industrial Solutions, Elliot Industries, and Gamma.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

• Electrical Bushings Market Recent Developments
• In September 2023, CG Power, part of the Murugappa Group, announced plans to expand capacity across their plants in response to a strong order intake in Q2 2023. The development would increase manufacturing capacity for instrument transformers and condenser bushings in Nashik and large industrial machine units in Mandideep.
• In April 2023, Eaton acquired a share in Jiangsu Ryan Electrical Co. Ltd., a manufacturer of power distribution and sub-transmission transformers. Eaton's strategic decision increases its position in worldwide markets, including energy, utility, and industrial sectors.

TABLE OF CONTENTS

1 INTRODUCTION OF GLOBAL ELECTRICAL BUSHINGS MARKET

• 1.1 Overview of the Market
• 1.2 Scope of Report
• 1.3 Assumptions

2 EXECUTIVE SUMMARY

3 RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH

• 3.1 Data Mining
• 3.2 Validation
• 3.3 Primary Interviews
• 3.4 List of Data Sources

4 GLOBAL ELECTRICAL BUSHINGS MARKET OUTLOOK

• 4.1 Overview
• 4.2 Market Dynamics
  • 4.2.1 Drivers
  • 4.2.2 Restraints
  • 4.2.3 Opportunities
• 4.3 Porters Five Force Model
• 4.4 Value Chain Analysis

5 GLOBAL ELECTRICAL BUSHINGS MARKET, BY TYPE

• 5.1 Introduction
• 5.2 Oil Impregnated Paper (OIP)
• 5.3 Resin Impregnated Paper (RIP)
• 5.4 Others

6 GLOBAL ELECTRICAL BUSHINGS MARKET, BY INSULATION

• 6.1 Introduction
• 6.2 Porcelain
• 6.3 Polymeric
• 6.4 Glass

7 GLOBAL ELECTRICAL BUSHINGS MARKET, BY VOLTAGE

• 7.1 Introduction
• 7.2 Medium Voltage (1 kV to 72.5 kV)
• 7.3 High Voltage (72.5 kV to 220 kV)
• 7.4 Extra High Voltage (> 220 kV)

8 GLOBAL ELECTRICAL BUSHINGS MARKET, BY APPLICATION

• 8.1 Introduction
• 8.2 Transformer
• 8.3 Switchgear
• 8.4 Others

9 GLOBAL ELECTRICAL BUSHINGS MARKET, BY END-USER

• 9.1 Introduction
• 9.2 Utilities
• 9.3 Industries
• 9.4 Others

10 GLOBAL ELECTRICAL BUSHINGS MARKET, BY GEOGRAPHY

• 10.1 Overview
• 10.2 North America
  • 10.2.1 U.S.
  • 10.2.2 Canada
  • 10.2.3 Mexico
• 10.3 Europe
  • 10.3.1 Germany
  • 10.3.2 U.K.
  • 10.3.3 France
  • 10.3.4 Rest of Europe
• 10.4 Asia Pacific
  • 10.4.1 China
  • 10.4.2 Japan
  • 10.4.3 India
  • 10.4.4 Rest of Asia Pacific
• 10.5 Rest of the World
  • 10.5.1 Latin America
  • 10.5.2 Middle East

11 GLOBAL ELECTRICAL BUSHINGS MARKET COMPETITIVE LANDSCAPE

• 11.1 Overview
• 11.2 Company Market Ranking
• 11.3 Key Development Strategies

12 COMPANY PROFILES

• 12.1 ABB
  • 12.1.1 Overview
  • 12.1.2 Financial Performance
  • 12.1.3 Product Outlook
  • 12.1.4 Key Developments
• 12.2 Siemens
  • 12.2.1 Overview
  • 12.2.2 Financial Performance
  • 12.2.3 Product Outlook
  • 12.2.4 Key Developments
• 12.3 GE
  • 12.3.1 Overview
  • 12.3.2 Financial Performance
  • 12.3.3 Product Outlook
  • 12.3.4 Key Developments
• 12.4 Eaton
  • 12.4.1 Overview
  • 12.4.2 Financial Performance
  • 12.4.3 Product Outlook
  • 12.4.4 Key Developments
• 12.5 Nexans
  • 12.5.1 Overview
  • 12.5.2 Financial Performance
  • 12.5.3 Product Outlook
  • 12.5.4 Key Developments
• 12.6 Bharat Heavy Electricals Limited
  • 12.6.1 Overview
  • 12.6.2 Financial Performance
  • 12.6.3 Product Outlook
  • 12.6.4 Key Developments
• 12.7 CG Power and Industrial Solutions
  • 12.7.1 Overview
  • 12.7.2 Financial Performance
  • 12.7.3 Product Outlook
  • 12.7.4 Key Developments
• 12.8 Elliot Industries
  • 12.8.1 Overview
  • 12.8.2 Financial Performance
  • 12.8.3 Product Outlook
  • 12.8.4 Key Developments
• 12.9 Gamma
  • 12.9.1 Overview
  • 12.9.2 Financial Performance
  • 12.9.3 Product Outlook
  • 12.9.4 Key Developments

13 Appendix

• 13.1 Related Research