封面
市场调查报告书
商品编码
1622982

电气套管市场规模:按类型、按绝缘子、按电压、按应用、按最终用户、按地区、范围和预测

Electrical Bushings Market Size By Type, By Insulation, By Voltage, By Application, By End-user, By Geographic Scope And Forecast

出版日期: | 出版商: Verified Market Research | 英文 202 Pages | 商品交期: 2-3个工作天内

价格
简介目录

电力套管市场规模及预测

2024 年电动套管市场规模价值 24.8 亿美元,预计到 2031 年将达到 31.5 亿美元,2024 年至 2031 年的复合年增长率为 3.36%。电气套管是一种中空绝缘体,可使电导体安全地穿过导电屏障(例如变压器外壳或断路器),而不会发生电接触。其主要作用是在带电导体和接地金属外壳之间提供电气绝缘,从而确保在高电压下安全操作。电气套管在电力变压器、断路器、并联电抗器、电容器等电气设备中扮演重要角色。确保安全且有效率的电力传输。

电力套管的全球市场动态

影响电动套管市场的关键市场动态

主要市场驱动因子

全球电力需求不断增加和基础设施不断扩大:

全球电力需求的不断增长,推动了输配电网的建设,从而增加了电气套管的需求。根据国际能源总署 (IEA) 的数据,预计到 2040 年全球电力需求将每年增加 2.1%。根据国际能源总署的《2021年世界能源展望》,电力在最终能源消耗中的占有率预计将从2020年的20%上升到2040年的26​​%,这需要大量的基础设施投资,并增加对套管等电气元件的需求。

越来越多采用再生能源:

向再生能源的过渡将需要新的和改进的电力基础设施,例如套管。根据国际再生能源机构(IRENA)的数据,再生能源在全球能源发电中的占有率将从2019年的27%增加到2020年的29%。根据IRENA的《全球再生能源展望:2050年能源转型》,到2050年,再生能源可能占总发电量的86%。这种转变将需要对电网基础设施和电气元件进行大量投资,从而增加对电气套管的需求。

已开发国家的电力基础设施老化:

许多已开发国家都面临电力基础设施老化的课题,需要更换或升级。根据美国土木工程师学会2021年基础建设报告卡,美国大型变压器的平均使用年资为40年,其中70%的使用年资超过25年。这种老化的基础设施迫切需要更换电气套管等组件,以维护和提高电网可靠性。

主要问题

基础设施老化:

世界各地的许多电力系统都已老旧,需要进行重大更新或更换。这种情况会导致维护成本和停机时间增加,从而阻碍对创新电动套管技术的投资。此外,用现代套管改造现有系统的复杂性正在减缓市场采用和扩张,因为公用事业公司可能优先考虑短期维护而不是长期改进。

原物料价格波动:

电气套管市场受其生产所用原料(如瓷器、树脂和金属零件)价格波动的影响很大。价格波动会造成无法预料的生产成本,使得生产商难以维持有竞争力的价格。这种不确定性阻碍了新进业者的参与,同时也限制了现有企业投资研发创新套管解决方案的能力。

主要趋势

使用环保材质:

在电气套管的生产中,环保材料的使用越来越普遍。製造商越来越关注对环境影响较小的永续生产程序和材料。除了满足监管标准外,该变速箱还满足了消费者对更环保的电力传输技术日益增长的需求,并符合全球环境目标。

智慧电网技术整合:

电气套管市场正经历向智慧电网技术的重大转变。这些创新将改善监控和诊断,使电力系统更加可靠和有效率。智慧套管配备感测器,可提供运作状况的即时数据并实现预测性维护以减少故障的可能性,最终优化电网的整体性能。

扩大再生能源的使用:

随着全球对再生能源的关注度日益提高,再生能源系统对电气套管的需求也不断增加。这一趋势是由风能和太阳能发电设施数量的不断增加所推动的,这些发电设施需要可靠的电气元件来实现高效的能源传输。在各种应用中使用电气套管可以帮助向更清洁的替代能源过渡,并提高我们电力基础设施的可靠性。

目录

第 1 章。
    市场概况
  • 研究范围
  • 先决条件

第 2 章执行摘要

第 3 章:经过验证的市场研究方法

  • 资料探勘
  • 验证
  • 主要来源
  • 资料来源列表

第 4 章 电力套管全球市场展望

  • 概述
  • 市场动态
    • 促进因素
    • 阻碍因素
    • 机会
  • 波特五力模型
  • 价值链分析

第 5 章 全球电动套管市场(按类型)

  • 简介
  • 油浸纸 (OIP)
  • 树脂浸渍纸 (RIP)
  • 其他

6. 全球电气套管市场依绝缘类型划分

  • 简介
  • 瓷器
  • 聚合物
  • 玻璃

第 7 章。
  • 简介
  • 中压(1 kV 至 72.5 kV)
  • 高压(72.5 kV 至 220 kV)
  • 超高压(220 kV 以上)

第 8 章 全球电动套管市场(依应用)

  • 简介
  • 变形金刚
  • 开关设备
  • 其他

第 9 章全球电力套管市场(依最终用户划分)

  • 简介
  • 实用程式
  • 行业
  • 其他

第 10 章全球电力套管市场(按地区)

  • 概述
  • 北美洲
    • 美国
    • 加拿大
    • 墨西哥
  • 欧洲
    • 德国
    • 英国
    • 法国
    • 其他欧洲国家
    亚太地区
    • 中国
    • 日本
    • 印度
    • 其他亚太地区
  • 世界其他地区
    • 拉丁美洲
    • 中东

第 11 章全球电动套管市场:竞争格局

  • 概述
  • 各公司的市场排名
  • 主要发展策略

第 12 章 公司简介

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

第 13 章附录

  • 相关研究
简介目录
Product Code: 9103

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