Market Overview:
The global HV bushing market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for electricity and rising investments in power infrastructure. In addition, the growing trend of electrification is also contributing to the growth of the global HV bushing market. The global HV bushing market can be segmented by type, application, and region. By type, the market can be divided into condenser type and non-condenser type. The condenser type segment is expected to dominate the global HV bushing market during the forecast period owing to its high efficiency and low maintenance requirements. By application, utilities accounted for majority ofthe share in 2017and is projectedto maintain its dominance duringthe forecast period due toprominentgrowthin emerging economies such as Chinaand India .
Product Definition:
A high voltage bushing is a type of electrical insulation that is used to prevent electric current from traveling along the outside of a conductor. This type of bushing is typically made from porcelain or glass and is designed to withstand high voltages.
Condenser Type:
The condenser type is a classification of heat exchangers used for cooling or heating fluids. They are widely used in industrial processes and the chemical industry. The different types of condensers include air-cooled, water-cooled, oil-cooled, and vapor phase cooling (VPC). VPC is also known as dry coolant circulation (DCC) and uses dry ice as the coolant.
Non-Condenser Type:
Non-condenser type is used in HV Bushing market for applications such as condensing the vapor formed from lubricants and cooling of heat transfer liquids. These are widely used in industrial processes, which include automobile engine oils, hydraulic fluids, greases & waxes and metal working fluids.
The non-condenser type is majorly available with two different designs namely “flat” and “U” shaped.
Application Insights:
The industries application segment accounted for the largest revenue share of over 50% in 2017. HV bushings are widely used in industries such as oil & gas, power generation, petrochemicals and pharmaceuticals on account of their ability to withstand high vibration environments. The growing demand for electric vehicles is expected to augment the product demand from the automotive industry over the forecast period.
The utility application segment was valued at USD 544.3 million in 2017 owing to increasing use of HVAC systems across commercial buildings and industrial facilities coupled with rising environmental regulations pertaining to energy consumption is anticipated fuel product demand from this sector over the forecast period. HVAC is a major technology that is widely used across various applications including residential, commercial and industrial heating ventilation air conditioning (HVAC).
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the next eight years. The region has been witnessing strong economic growth on account of increasing industrialization, coupled with rising electricity consumption by industries. This trend is projected to drive the demand for electric motors and other components as well as HV bushing in various applications across Asia Pacific.
The growing manufacturing sector across emerging economies such as China, India, Thailand, Vietnam among others are expected to boost industry expansion over the forecast period. In addition, favorable government policies promoting investments through tax benefits are anticipated to further propel regional product demand from 2018 to 2030 timeframe.
Europe accounted for a significant share of revenue in 2017 owing to early adoption of innovative technologies such as condenser type high-velocity connector (CHVC).
Growth Factors:
- Increasing demand for electric vehicles
- Growing investments in renewable energy sources
- Rising trend of miniaturization in electronic devices
- Proliferation of Internet of Things (IoT) and connected devices
- Emergence of new applications requiring high-voltage bushing
Scope Of The Report
Report Attributes
Report Details
Report Title
HV Bushing Market Research Report
By Type
Condenser Type, Non-Condenser Type
By Application
Utilities, Industries, Others
By Companies
General Electric, Siemens, Crompton Greaves, Hubbell Incorporated, Webster-Wilkinson, Warco, ABB, Meister International
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global HV Bushing Market Report Segments:
The global HV Bushing market is segmented on the basis of:
Types
Condenser Type, Non-Condenser Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Utilities, Industries, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- General Electric
- Siemens
- Crompton Greaves
- Hubbell Incorporated
- Webster-Wilkinson
- Warco
- ABB
- Meister International
Highlights of The HV Bushing Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Condenser Type
- Non-Condenser Type
- By Application:
- Utilities
- Industries
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the HV Bushing Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
HV Bushing is a type of bushing used in hydraulic systems. It is made from high-quality materials and has been designed to provide long-lasting performance.
Some of the major companies in the hv bushing market are General Electric, Siemens, Crompton Greaves, Hubbell Incorporated, Webster-Wilkinson, Warco, ABB, Meister International.
The hv bushing market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. HV Bushing Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. HV Bushing Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. HV Bushing Market - Supply Chain
4.5. Global HV Bushing Market Forecast
4.5.1. HV Bushing Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. HV Bushing Market Size (000 Units) and Y-o-Y Growth
4.5.3. HV Bushing Market Absolute $ Opportunity
5. Global HV Bushing Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. HV Bushing Market Size and Volume Forecast by Type
5.3.1. Condenser Type
5.3.2. Non-Condenser Type
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global HV Bushing Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. HV Bushing Market Size and Volume Forecast by Application
6.3.1. Utilities
6.3.2. Industries
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global HV Bushing Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. HV Bushing Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global HV Bushing Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. HV Bushing Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global HV Bushing Demand Share Forecast, 2019-2026
9. North America HV Bushing Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America HV Bushing Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America HV Bushing Market Size and Volume Forecast by Application
9.4.1. Utilities
9.4.2. Industries
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America HV Bushing Market Size and Volume Forecast by Type
9.7.1. Condenser Type
9.7.2. Non-Condenser Type
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America HV Bushing Demand Share Forecast, 2019-2026
10. Latin America HV Bushing Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America HV Bushing Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America HV Bushing Market Size and Volume Forecast by Application
10.4.1. Utilities
10.4.2. Industries
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America HV Bushing Market Size and Volume Forecast by Type
10.7.1. Condenser Type
10.7.2. Non-Condenser Type
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America HV Bushing Demand Share Forecast, 2019-2026
11. Europe HV Bushing Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe HV Bushing Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe HV Bushing Market Size and Volume Forecast by Application
11.4.1. Utilities
11.4.2. Industries
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe HV Bushing Market Size and Volume Forecast by Type
11.7.1. Condenser Type
11.7.2. Non-Condenser Type
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2.By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe HV Bushing Demand Share, 2019-2026
12. Asia Pacific HV Bushing Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific HV Bushing Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific HV Bushing Market Size and Volume Forecast by Application
12.4.1. Utilities
12.4.2. Industries
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific HV Bushing Market Size and Volume Forecast by Type
12.7.1. Condenser Type
12.7.2. Non-Condenser Type
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific HV Bushing Demand Share, 2019-2026
13. Middle East & Africa HV Bushing Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa HV Bushing Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa HV Bushing Market Size and Volume Forecast by Application
13.4.1. Utilities
13.4.2. Industries
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa HV Bushing Market Size and Volume Forecast by Type
13.7.1. Condenser Type
13.7.2. Non-Condenser Type
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa HV Bushing Demand Share, 2019-2026
14. Competition Landscape
14.1. Global HV Bushing Market: Market Share Analysis
14.2. HV Bushing Distributors and Customers
14.3. HV Bushing Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. General Electric
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Siemens
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Crompton Greaves
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Hubbell Incorporated
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Webster-Wilkinson
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Warco
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. ABB
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Meister International
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
