Global Info Research offers a latest published report on Transformer Bushings Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 102 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability.
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Transformer bushing is an indispensable part of electric power transmission equipment utilized to operate reliably and safely. It is an insulated device that facilitates the transfer of current carrying conductor through an earthed conducting obstacle. Transformer bushings are often attributed as a prominent cause of transformer failures. In order to avoid the failure and loss, manufacturers strive to develop reliable, cost-efficient and durable transformer bushings.
Scope of the Report:
Rapid urbanization and significant growth in industrialization are the pre-eminent factors responsible to aid the growth of transformer bushings market.
Additionally, the spurring urbanization is underpinning the demand growth for the need of power infrastructure thus bolstering the transformer bushings market during the forecast period. Transformers bushings market is forecast to remain lucrative in the foreseeable future owing to the enhancement of electrical transmission lines in the majority of countries.
Another reason driving the global transformer bushings market is the need for enhancing electrical power grid reliability. Significant fleet expansion and broadening of the rail network in various regions are expected to increase the demand for transformer bushings in railway networks owing to rapidly increasing passenger count. Investments in the power sector to address chronic electricity shortages are expected to drive the global transformer bushings market.
The worldwide market for Transformer Bushings is expected to grow at a CAGR of roughly 4.0% over the next five years, will reach 440 million US$ in 2024, from 360 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Transformer Bushings in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
Nanjing Electric HV Bushing
Ankara Seramik A.S
MGC Moser-Glaser AG
Market Segment by Type, covers
Resin Impregnated Paper
Oil Impregnated Paper
Market Segment by Applications, can be divided into
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North America Transformer Bushings Market Growth 2019-2024
United States Transformer Bushings Market Growth 2019-2024
Asia-Pacific Transformer Bushings Market Growth 2019-2024
Europe Transformer Bushings Market Growth 2019-2024
EMEA Transformer Bushings Market Growth 2019-2024
Global Transformer Bushings Market Growth 2019-2024
China Transformer Bushings Market Growth 2019-2024
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