North America Electrical Bushing Market Size & Outlook

The electrical bushing market in North America is expected to reach a projected revenue of US$ 5,650.1 million by 2030. A compound annual growth rate of 5.6% is expected of North America electrical bushing market from 2024 to 2030.
Revenue, 2023 (US$M)
$3,868.7
Forecast, 2030 (US$M)
$5,650.1
CAGR, 2024 - 2030
5.6%
Report Coverage
North America

North America electrical bushing market, 2018-2030 (US$M)

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North America electrical bushing market highlights

  • The North America electrical bushing market generated a revenue of USD 3,868.7 million in 2023.
  • The market is expected to grow at a CAGR of 5.6% from 2024 to 2030.
  • In terms of segment, ceramic insulator was the largest revenue generating type in 2023.
  • Ceramic Insulator is the most lucrative type segment registering the fastest growth during the forecast period.


North America data book summary

Market revenue in 2023USD 3,868.7 million
Market revenue in 2030USD 5,650.1 million
Growth rate5.6% (CAGR from 2023 to 2030)
Largest segmentCeramic insulator
Fastest growing segmentCeramic Insulator
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationCeramic Insulator
Key market players worldwideABB Ltd, Siemens AG, General Electric, Eaton Corp PLC, Toshiba Corporation, Nexans


Other key industry trends

  • In terms of revenue, North America region accounted for 30.9% of the global electrical bushing market in 2023.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 5,503.2 million by 2030.

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Electrical Bushing Market Scope

Electrical bushing market segmentation & scope
Composite Insulator
Glass Insulator
Voltage
Low
Medium
High
Application
Cable
Switchgear
Transformer
Busbars
Others
Countries
U.S.
Canada
Mexico
Greece
UK
France
Italy
Spain
Denmark
Sweden
Norway
China
Japan
India
South Korea
Australia
Thailand
Brazil
Argentina
South Africa
Saudi Arabia
UAE
Kuwait

Electrical Bushing Market Companies

Name Profile # Employees HQ Website

North America electrical bushing market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to electrical bushing market will help companies and investors design strategic landscapes.


Ceramic insulator was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the North America electrical bushing market based on ceramic insulator covering the revenue growth of each sub-segment from 2018 to 2030.


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Horizon Databook provides a detailed overview of continent-level data and insights on the North America electrical bushing market , including forecasts for subscribers. This continent databook contains high-level insights into North America electrical bushing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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North America electrical bushing market

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