Glass Insulated Electrical Bushing Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented, By Voltage, By Application, By End-Users, By Region & Competition, 2020-2030F

Description

The Glass Insulated Electrical Bushing Market was valued at USD 3.81 Billion in 2024 and is projected to reach USD 5.38 Billion by 2030, growing at a CAGR of 5.76% during the forecast period. This market pertains to the segment within the electrical insulation and transmission industry that focuses on the development and supply of bushings utilizing glass as the core insulating medium. These components are essential in facilitating the safe transmission of electrical currents through grounded enclosures like transformer tanks or switchgear panels while maintaining high dielectric strength and mechanical integrity. Glass insulated bushings are especially prevalent in high-voltage systems, including transformers, circuit breakers, and substation equipment, where their resistance to extreme temperatures, contamination, and environmental wear provides enhanced reliability and safety. Unlike oil or resin-based counterparts, glass bushings offer extended service life and superior performance in demanding operational conditions, making them indispensable for energy infrastructure, particularly in renewable energy and industrial applications.

Market Overview
Forecast Period	2026-2030
Market Size 2024	USD 3.81 Billion
Market Size 2030	USD 5.38 Billion
CAGR 2025-2030	5.76%
Fastest Growing Segment	High Voltage
Largest Market	North America

Key Market Drivers

Integration of Renewable Energy Sources

The growing adoption of renewable energy globally is a major driver for the Glass Insulated Electrical Bushing Market. Countries are increasingly investing in wind, solar, and hydroelectric energy to meet decarbonization goals. The integration of these variable energy sources into national power grids necessitates robust electrical components that can withstand fluctuating voltages and harsh environmental conditions. Glass insulated bushings are ideally suited for this due to their high dielectric performance and durability. These bushings support consistent power transmission across renewable energy installations, even under dynamic load and weather changes. According to IRENA, global renewable energy capacity rose from approximately 3,365 GW in 2022 to 3,865 GW in 2023, a historic 15% increase. This accelerating shift toward sustainable energy continues to stimulate demand for high-quality, high-voltage insulation solutions like glass bushings.

Key Market Challenges

High Initial Investment and Maintenance Costs

The market for glass insulated electrical bushings is constrained by the significant upfront and operational expenses involved in their deployment. These bushings require advanced materials, such as high-grade glass and specialized insulation components, which increase production costs. Moreover, their installation often necessitates skilled technicians and dedicated equipment, further raising capital requirements. Ongoing maintenance, including inspections and occasional replacements, also adds to the total cost of ownership. These factors can be particularly challenging for utility companies and industrial users in emerging economies, where financial resources are more limited. The high cost can hinder adoption and reduce deployment across cost-sensitive markets. Manufacturers are exploring ways to reduce costs through production optimization and the use of alternative materials, but affordability remains a critical barrier.

Key Market Trends

Surge in Renewable Energy Integration Driving Demand for High-Performance Bushings

The accelerated global investment in renewable energy infrastructure is significantly shaping the demand for advanced electrical components. Glass insulated bushings, with their exceptional durability and insulation properties, are increasingly favored for renewable energy installations such as wind farms and solar power stations. These settings often involve high-voltage operations and exposure to outdoor environmental stressors, where traditional bushings may fail. In 2024, wind and solar energy collectively surpassed hydropower in electricity generation, marking a major transition in the global energy landscape. By 2028, renewables are expected to contribute over 42% of global electricity, with wind and solar accounting for 25%. This expanding footprint of clean energy sources is generating strong demand for reliable bushing technologies that can ensure secure and uninterrupted transmission.

Key Market Players

ABB Ltd.
Schneider Electric SE
Siemens AG
Eaton Corporation
General Electric Company
RBC Bearings Incorporated
Hubbell Incorporated
Mersen Corporate Services SAS
Toshiba Corporation
Mitsubishi Electric Corporation

Report Scope:

In this report, the Global Glass Insulated Electrical Bushing Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Glass Insulated Electrical Bushing Market, By Voltage:

Medium Voltage
High Voltage
Extra High Voltage

Glass Insulated Electrical Bushing Market, By Application:

Transformer
Switchgear
Others

Glass Insulated Electrical Bushing Market, By End-Users:

Utilities
Industrial
Commercial

Glass Insulated Electrical Bushing Market, By Region:

North America
- United States
- Canada
- Mexico
Europe
- France
- United Kingdom
- Italy
- Germany
- Spain
Asia-Pacific
- China
- India
- Japan
- Australia
- South Korea
South America
- Brazil
- Argentina
- Colombia
Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
- Kuwait
- Turkey

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Glass Insulated Electrical Bushing Market.

Available Customizations:

Global Glass Insulated Electrical Bushing Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

1. Product Overview

1.1. Market Definition
1.2. Scope of the Market
- 1.2.1. Markets Covered
- 1.2.2. Years Considered for Study
1.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Formulation of the Scope
2.4. Assumptions and Limitations
2.5. Sources of Research
- 2.5.1. Secondary Research
- 2.5.2. Primary Research
2.6. Approach for the Market Study
- 2.6.1. The Bottom-Up Approach
- 2.6.2. The Top-Down Approach
2.7. Methodology Followed for Calculation of Market Size & Market Shares
2.8. Forecasting Methodology
- 2.8.1. Data Triangulation & Validation

3. Executive Summary

3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, and Trends

4. Voice of Customer

5. Global Glass Insulated Electrical Bushing Market Outlook

5.1. Market Size & Forecast
- 5.1.1. By Value
5.2. Market Share & Forecast
- 5.2.1. By Voltage (Medium Voltage, High Voltage, Extra High Voltage)
- 5.2.2. By Application (Transformer, Switchgear, Others)
- 5.2.3. By End-Users (Utilities, Industrial, Commercial)
- 5.2.4. By Region
5.3. By Company (2024)
5.4. Market Map

6. North America Glass Insulated Electrical Bushing Market Outlook

6.1. Market Size & Forecast
- 6.1.1. By Value
6.2. Market Share & Forecast
- 6.2.1. By Voltage
- 6.2.2. By Application
- 6.2.3. By End-Users
- 6.2.4. By Country
6.3. North America: Country Analysis
- 6.3.1. United States Glass Insulated Electrical Bushing Market Outlook
  - 6.3.1.1. Market Size & Forecast
    - 6.3.1.1.1. By Value
  - 6.3.1.2. Market Share & Forecast
    - 6.3.1.2.1. By Voltage
    - 6.3.1.2.2. By Application
    - 6.3.1.2.3. By End-Users
- 6.3.2. Canada Glass Insulated Electrical Bushing Market Outlook
  - 6.3.2.1. Market Size & Forecast
    - 6.3.2.1.1. By Value
  - 6.3.2.2. Market Share & Forecast
    - 6.3.2.2.1. By Voltage
    - 6.3.2.2.2. By Application
    - 6.3.2.2.3. By End-Users
- 6.3.3. Mexico Glass Insulated Electrical Bushing Market Outlook
  - 6.3.3.1. Market Size & Forecast
    - 6.3.3.1.1. By Value
  - 6.3.3.2. Market Share & Forecast
    - 6.3.3.2.1. By Voltage
    - 6.3.3.2.2. By Application
    - 6.3.3.2.3. By End-Users

7. Europe Glass Insulated Electrical Bushing Market Outlook

7.1. Market Size & Forecast
- 7.1.1. By Value
7.2. Market Share & Forecast
- 7.2.1. By Voltage
- 7.2.2. By Application
- 7.2.3. By End-Users
- 7.2.4. By Country
7.3. Europe: Country Analysis
- 7.3.1. Germany Glass Insulated Electrical Bushing Market Outlook
  - 7.3.1.1. Market Size & Forecast
    - 7.3.1.1.1. By Value
  - 7.3.1.2. Market Share & Forecast
    - 7.3.1.2.1. By Voltage
    - 7.3.1.2.2. By Application
    - 7.3.1.2.3. By End-Users
- 7.3.2. United Kingdom Glass Insulated Electrical Bushing Market Outlook
  - 7.3.2.1. Market Size & Forecast
    - 7.3.2.1.1. By Value
  - 7.3.2.2. Market Share & Forecast
    - 7.3.2.2.1. By Voltage
    - 7.3.2.2.2. By Application
    - 7.3.2.2.3. By End-Users
- 7.3.3. Italy Glass Insulated Electrical Bushing Market Outlook
  - 7.3.3.1. Market Size & Forecast
    - 7.3.3.1.1. By Value
  - 7.3.3.2. Market Share & Forecast
    - 7.3.3.2.1. By Voltage
    - 7.3.3.2.2. By Application
    - 7.3.3.2.3. By End-Users
- 7.3.4. France Glass Insulated Electrical Bushing Market Outlook
  - 7.3.4.1. Market Size & Forecast
    - 7.3.4.1.1. By Value
  - 7.3.4.2. Market Share & Forecast
    - 7.3.4.2.1. By Voltage
    - 7.3.4.2.2. By Application
    - 7.3.4.2.3. By End-Users
- 7.3.5. Spain Glass Insulated Electrical Bushing Market Outlook
  - 7.3.5.1. Market Size & Forecast
    - 7.3.5.1.1. By Value
  - 7.3.5.2. Market Share & Forecast
    - 7.3.5.2.1. By Voltage
    - 7.3.5.2.2. By Application
    - 7.3.5.2.3. By End-Users

8. Asia-Pacific Glass Insulated Electrical Bushing Market Outlook

8.1. Market Size & Forecast
- 8.1.1. By Value
8.2. Market Share & Forecast
- 8.2.1. By Voltage
- 8.2.2. By Application
- 8.2.3. By End-Users
- 8.2.4. By Country
8.3. Asia-Pacific: Country Analysis
- 8.3.1. China Glass Insulated Electrical Bushing Market Outlook
  - 8.3.1.1. Market Size & Forecast
    - 8.3.1.1.1. By Value
  - 8.3.1.2. Market Share & Forecast
    - 8.3.1.2.1. By Voltage
    - 8.3.1.2.2. By Application
    - 8.3.1.2.3. By End-Users
- 8.3.2. India Glass Insulated Electrical Bushing Market Outlook
  - 8.3.2.1. Market Size & Forecast
    - 8.3.2.1.1. By Value
  - 8.3.2.2. Market Share & Forecast
    - 8.3.2.2.1. By Voltage
    - 8.3.2.2.2. By Application
    - 8.3.2.2.3. By End-Users
- 8.3.3. Japan Glass Insulated Electrical Bushing Market Outlook
  - 8.3.3.1. Market Size & Forecast
    - 8.3.3.1.1. By Value
  - 8.3.3.2. Market Share & Forecast
    - 8.3.3.2.1. By Voltage
    - 8.3.3.2.2. By Application
    - 8.3.3.2.3. By End-Users
- 8.3.4. South Korea Glass Insulated Electrical Bushing Market Outlook
  - 8.3.4.1. Market Size & Forecast
    - 8.3.4.1.1. By Value
  - 8.3.4.2. Market Share & Forecast
    - 8.3.4.2.1. By Voltage
    - 8.3.4.2.2. By Application
    - 8.3.4.2.3. By End-Users
- 8.3.5. Australia Glass Insulated Electrical Bushing Market Outlook
  - 8.3.5.1. Market Size & Forecast
    - 8.3.5.1.1. By Value
  - 8.3.5.2. Market Share & Forecast
    - 8.3.5.2.1. By Voltage
    - 8.3.5.2.2. By Application
    - 8.3.5.2.3. By End-Users

9. South America Glass Insulated Electrical Bushing Market Outlook

9.1. Market Size & Forecast
- 9.1.1. By Value
9.2. Market Share & Forecast
- 9.2.1. By Voltage
- 9.2.2. By Application
- 9.2.3. By End-Users
- 9.2.4. By Country
9.3. South America: Country Analysis
- 9.3.1. Brazil Glass Insulated Electrical Bushing Market Outlook
  - 9.3.1.1. Market Size & Forecast
    - 9.3.1.1.1. By Value
  - 9.3.1.2. Market Share & Forecast
    - 9.3.1.2.1. By Voltage
    - 9.3.1.2.2. By Application
    - 9.3.1.2.3. By End-Users
- 9.3.2. Argentina Glass Insulated Electrical Bushing Market Outlook
  - 9.3.2.1. Market Size & Forecast
    - 9.3.2.1.1. By Value
  - 9.3.2.2. Market Share & Forecast
    - 9.3.2.2.1. By Voltage
    - 9.3.2.2.2. By Application
    - 9.3.2.2.3. By End-Users
- 9.3.3. Colombia Glass Insulated Electrical Bushing Market Outlook
  - 9.3.3.1. Market Size & Forecast
    - 9.3.3.1.1. By Value
  - 9.3.3.2. Market Share & Forecast
    - 9.3.3.2.1. By Type of Protection
    - 9.3.3.2.2. By End-User Industry

10. Middle East and Africa Glass Insulated Electrical Bushing Market Outlook

10.1. Market Size & Forecast
- 10.1.1. By Value
10.2. Market Share & Forecast
- 10.2.1. By Voltage
- 10.2.2. By Application
- 10.2.3. By End-Users
- 10.2.4. By Country
10.3. Middle East and Africa: Country Analysis
- 10.3.1. South Africa Glass Insulated Electrical Bushing Market Outlook
  - 10.3.1.1. Market Size & Forecast
    - 10.3.1.1.1. By Value
  - 10.3.1.2. Market Share & Forecast
    - 10.3.1.2.1. By Voltage
    - 10.3.1.2.2. By Application
    - 10.3.1.2.3. By End-Users
- 10.3.2. Saudi Arabia Glass Insulated Electrical Bushing Market Outlook
  - 10.3.2.1. Market Size & Forecast
    - 10.3.2.1.1. By Value
  - 10.3.2.2. Market Share & Forecast
    - 10.3.2.2.1. By Voltage
    - 10.3.2.2.2. By Application
    - 10.3.2.2.3. By End-Users
- 10.3.3. UAE Glass Insulated Electrical Bushing Market Outlook
  - 10.3.3.1. Market Size & Forecast
    - 10.3.3.1.1. By Value
  - 10.3.3.2. Market Share & Forecast
    - 10.3.3.2.1. By Voltage
    - 10.3.3.2.2. By Application
    - 10.3.3.2.3. By End-Users
- 10.3.4. Kuwait Glass Insulated Electrical Bushing Market Outlook
  - 10.3.4.1. Market Size & Forecast
    - 10.3.4.1.1. By Value
  - 10.3.4.2. Market Share & Forecast
    - 10.3.4.2.1. By Voltage
    - 10.3.4.2.2. By Application
    - 10.3.4.2.3. By End-Users
- 10.3.5. Turkey Glass Insulated Electrical Bushing Market Outlook
  - 10.3.5.1. Market Size & Forecast
    - 10.3.5.1.1. By Value
  - 10.3.5.2. Market Share & Forecast
    - 10.3.5.2.1. By Voltage
    - 10.3.5.2.2. By Application
    - 10.3.5.2.3. By End-Users

11. Market Dynamics

11.1. Drivers
11.2. Challenges

12. Market Trends & Developments

12.1. Merger & Acquisition (If Any)
12.2. Product Launches (If Any)
12.3. Recent Developments

13. Company Profiles

13.1. ABB Ltd.
- 13.1.1. Business Overview
- 13.1.2. Key Revenue and Financials
- 13.1.3. Recent Developments
- 13.1.4. Key Personnel/Key Contact Person
- 13.1.5. Key Product/Services Offered
13.2. Schneider Electric SE
13.3. Siemens AG
13.4. Eaton Corporation
13.5. General Electric Company
13.6. RBC Bearings Incorporated
13.7. Hubbell Incorporated
13.8. Mersen Corporate Services SAS
13.9. Toshiba Corporation
13.10. Mitsubishi Electric Corporation