Asia-Pacific Electrical Bushing Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The market is segmented by Type (Oil Impregnated Paper, Resin Impregnated Paper, and Other Types), Application (Transformers, Switchgears, and Other Applications), and Geography (China, India, Japan, and Rest of Asia-Pacific). The report offers the market size and forecasts in revenue (USD Billion) for all the above segments.

Asia-Pacific Electrical Bushing Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

APAC Electrical Bushing Market Size

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Asia-Pacific Electrical Bushing Market - Market Summary
Study Period 2020 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Historical Data Period 2020 - 2023
CAGR 4.40 %
Market Concentration Medium

Major Players

Asia-Pacific Electrical Bushing Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Asia-Pacific Electrical Bushing Market with other markets in Energy & Power Industry

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APAC Electrical Bushing Market Analysis

The Asia-Pacific Electrical Bushing Market is expected to register a CAGR of greater than 4.4% during the forecast period.

The market was negatively impacted by COVID-19 in 2020. Presently, the market has reached pre-pandemic levels.

  • Over the medium term, factors such as growing power demand and the expansion and upgradation of grid structure are expected to drive the electrical bushings market in the forecast period. Applications like railways and smart grids are anticipated to create a need for electrical bushings and drive the market further.
  • On the flip side, electrical bushings are subjected to failure and can result in the loss of costly assets/equipment with long replacement times and cause issues related to personnel safety. Thus, untimely bushing failure can act as a restraint for the electrical bushing market.
  • The world, especially Asia-Pacific, is moving towards renewable energy, which requires new transmission and distribution networks. With this, ample opportunities would be generated in the future for electrical bushing market players.
  • India is expected to witness significant demand in the Asia-Pacific electrical bushing market during the forecast period.

APAC Electrical Bushing Industry Overview

The Asia-Pacific electrical bushing market is moderately fragmented in nature. Some of the major players in the market (in no particular order) include ABB Ltd., Siemens AG, Bharat Heavy Electricals Limited, Eaton Corporation PLC, and General Electric Company.

APAC Electrical Bushing Market Leaders

  1. General Electric Company

  2. ABB Ltd

  3. Siemens AG

  4. Eaton Corporation PLC

  5. Bharat Heavy Electricals Limited

  6. *Disclaimer: Major Players sorted in no particular order
Asia-Pacific Electrical Bushing Market Concentration
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APAC Electrical Bushing Market News

  • Hitachi Energy India Ltd., in May 2022, inaugurated its new transformer components factory in Vadodara, Gujarat. Located in its largest manufacturing location in India, this factory will produce dry bushings with the most reliable technology called 'Resin Impregnated Paper. This will be the first manufacturing facility in India to produce Resin Impregnated Paper bushings up to 400 kV voltage level. This dry technology improves transformer bushings' thermal, electrical, and mechanical performance, making them more resilient and reliable - critical in transformers deployed in the power grid.

APAC Electrical Bushing Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Scope of the Study
  • 1.2 Market Definition
  • 1.3 Study Assumptions

2. EXECUTIVE SUMMARY

3. RESEARCH METHODOLOGY

4. MARKET OVERVIEW

  • 4.1 Introduction
  • 4.2 Market Size and Demand Forecast in USD billion, till 2027
  • 4.3 Recent Trends and Developments
  • 4.4 Government Policies and Regulations
  • 4.5 Market Dynamics
    • 4.5.1 Drivers
    • 4.5.2 Restraints
  • 4.6 Supply Chain Analysis
  • 4.7 Industry Attractiveness - Porter's Five Forces Analysis
    • 4.7.1 Bargaining Power of Suppliers
    • 4.7.2 Bargaining Power of Consumers
    • 4.7.3 Threat of New Entrants
    • 4.7.4 Threat of Substitutes Products and Services
    • 4.7.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION

  • 5.1 Type
    • 5.1.1 Oil Impregnated Paper
    • 5.1.2 Resin Impregnated Paper
    • 5.1.3 Other Types
  • 5.2 Application
    • 5.2.1 Transformers
    • 5.2.2 Switchgears
    • 5.2.3 Other Applications
  • 5.3 Geography
    • 5.3.1 China
    • 5.3.2 India
    • 5.3.3 Japan
    • 5.3.4 Rest of Asia-Pacific

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Strategies Adopted by Leading Players
  • 6.3 Company Profiles
    • 6.3.1 General Electric Company
    • 6.3.2 ABB Ltd
    • 6.3.3 Siemens AG
    • 6.3.4 Eaton Corporation PLC
    • 6.3.5 Bharat Heavy Electricals Limited
    • 6.3.6 Nexans SA
    • 6.3.7 CG Power and Industrial Solutions Limited
    • 6.3.8 Toshiba Corporation
    • 6.3.9 Hubbell Incorporated
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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APAC Electrical Bushing Industry Segmentation

Electrical bushings are essential components for a wide range of electrical equipment, such as power transformers, shunt reactors, circuit breakers, and capacitors. These seemingly simple devices perform the critical function of carrying current at high voltage through equipment enclosures. They perform this function by providing an insulating barrier between the live conductor and the metallic (conducting) body of the electrical apparatus (which is at ground potential).

The Asia-Pacific electrical bushing market is segmented by type, application, and geography. By type, the market is segmented into oil-impregnated paper, resin-impregnated paper, and other types. By application, the market is segmented into transformers, switchgear, and other applications. The report also covers the market size and forecasts for the electrical bushing market across major countries in the Asia-Pacific region. For each segment, the market sizing and forecasts have been done based on revenue (USD Billion).

Type Oil Impregnated Paper
Resin Impregnated Paper
Other Types
Application Transformers
Switchgears
Other Applications
Geography China
India
Japan
Rest of Asia-Pacific
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APAC Electrical Bushing Market Research FAQs

What is the current Asia-Pacific Electrical Bushing Market size?

The Asia-Pacific Electrical Bushing Market is projected to register a CAGR of greater than 4.4% during the forecast period (2025-2030)

Who are the key players in Asia-Pacific Electrical Bushing Market?

General Electric Company, ABB Ltd, Siemens AG, Eaton Corporation PLC and Bharat Heavy Electricals Limited are the major companies operating in the Asia-Pacific Electrical Bushing Market.

What years does this Asia-Pacific Electrical Bushing Market cover?

The report covers the Asia-Pacific Electrical Bushing Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Asia-Pacific Electrical Bushing Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Asia-Pacific Electrical Bushing Industry Report

Statistics for the 2025 Asia-Pacific Electrical Bushing market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Asia-Pacific Electrical Bushing analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.