Global Bushings Market by Type (Porcelain Insulation, Paper Insulation, Resin Insulation), By Application (Construction Equipment, Material Handling Equipment, Other) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

The Global Bushings Market size is projected to grow at a CAGR of 3.2% during the forecast period, owing to the increasing demand from construction and mining equipment manufacturers for bushings that can withstand high temperatures. Key players in the global bushing market include Parker Hannifin Corporation, Nachi-Fujikoshi Corporation, Toyo Rubber Industries Limited, Continental AG, and Bekaert SA.

Bushings are designed to transfer or distribute forces from one part of a machine to another. They also absorb vibration and minimize friction between moving parts of the system. Bushings can be made in many shapes, sizes, materials, and configurations depending on the requirements at hand. It has the following features: - solid insulating material between rotating shafts and fixed components. - Porcelain insulation is the most commonly used type of insulation in electrical applications such as switchgear equipment and circuit breakers. The benefits of bushings are: - Durability - Low Maintenance Cost - Ease of Installation - Low Friction & Less Heat Generation.

On the basis of Type, the global bushings market is segmented into Porcelain Insulation (Bushings), Paper insulation bushings, Resin insulation bushing.

Porcelain Insulation Bushings:

Porcelain insulation bushings are insulated with porcelain. They consist of an outer shell and inner metal tube, the latter is usually chromed or stainless steel for corrosion resistance. Porcelain insulation is a type of electrical insulator used to contain and cover live parts (such as bus bars) in high voltage equipment such as switchgear. The shells range from simple round cross-sections to very complex shapes that may be designed for decorative purposes too; they can also carry cooling fins or other features where needed.

Paper Insulation Bushings:

Paper insulation bushings are made of paper, which is a fibrous material that can be formed into thin sheets. It’s used as an insulating material in construction equipment and other materials handling equipment. The primary benefit of using this type of bushing is it provides thermal resistance properties to reduce heat transfer between the bearings and loads placed on them.

Paper insulation bushings are typically used for low voltage DC applications. They can withstand up to 150°C, depending on the design and material of these insulators. Bushings made out of paper have better mechanical strength vs porcelain or resin molded standard bushing designs, which makes them suitable for small hoses with tight bends in order to prevent failures due to overloads. Paper insulated parts may be found in valves built into electrical enclosures that provide environmental protection from water ingress whenever there is a hose disconnection.

Resin Insulation Bushing:

Resin insulation bushing is a type of insulation bushing that provides optimum performance under the most difficult environments. It offers superior protection through its high resistance to chemicals, acids, and organic solvents. This type of resin insulation bearings is suitable for medium voltage applications with voltages up to 31 kV AC/60 Hz or 60kV DC. Resin insulated bushings can withstand short circuit currents as well as resist flash-over which makes them an ideal choice in these circumstances where they’re exposed to harsh conditions. Resin insulation bushing has high mechanical strength, durability, and resistance to chemicals. Some of the features are excellent thermal conductivity, a good balance between electrical resistance and magnetic permeability, etc.

On the basis of Application, the global bushings market is segmented into Construction Equipment, Material Handling Equipment, Other Applications.

Construction Equipment:

Bushings are used in construction equipment for their ability to support axles, guide shafts, and help reduce the gearbox housing noise. The main functions of bushings include reducing vibration by dampening it along with supporting heavyweight loads without any deterioration. Other applications that use bushing include power steering pumps or pinions, vehicle transmission casings or oil pans, etc. Some of the major construction equipment types in which bushings are used include crawler tractors, mining excavators, and wheel loaders.

Material Handling Equipment:

Bushings are devices in the material handling equipment industry that help in reducing friction and increasing the life of a product. Bushings can be manufactured with various materials such as metal, plastic, or rubber depending on the requirement. Bushings are generally used as a spacer and to reduce the friction between moving parts of different components. Bushings can be found in most conveyors, elevators, cranes, or other material handling equipment that involves movement or some sort of rotation. The reduction in friction results in increased product movement at high speeds while minimizing wear.

On the basis of Region, the global bushings market is segmented into North America, Latin America, Europe, Asia-Pacific, and Middle East & Africa. North America is anticipated to hold the largest market share and dominate the global bushings industry during 2019 - 2028. However, Asia-Pacific will record a CAGR of over 13% in the coming years because of rapid industrialization and economic growth in China and India.

Growth Factors For The Global Bushings Market:

-Increase in construction spending.

-Increasing demand for energy-efficient buildings and other infrastructure projects around the world, especially in emerging economies.

-Increasing R&D investments in new technologies.

-Rising demand for low emission vehicles.

-Increasing demand for electric vehicles.

-Increasing focus towards bushing application in the automotive industry to improve fuel efficiency and performance of the vehicle.

Up Market Research published a new report titled “Bushings Market research report which is segmented by Types (Porcelain Insulation, Paper Insulation, Resin Insulation), By Applications (Construction Equipment, Material Handling Equipment, Other), By Players/Companies ABB, AST Bearings, STEMCO, AutoZone, Trench, PSB, Jergens Inc, Warehouse Skateboards, Hubbell Power Systems, NEWWAY Air bearings, Riptide, ABB(Cooper Industries), BONES WHEELS, Martin Sprocket & Gear, Mec”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

Report Scope

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Bushings Market Report Segments:

The market is segmented by Type Porcelain Insulation, Paper Insulation, Resin Insulation and By Application Construction Equipment, Material Handling Equipment, Other.

Some of the companies that are profiled in this report are:

1. ABB
2. AST Bearings
3. STEMCO
4. AutoZone
5. Trench
6. PSB
7. Jergens Inc
8. Warehouse Skateboards
9. Hubbell Power Systems
10. NEWWAY Air bearings
11. Riptide
12. ABB(Cooper Industries)
13. BONES WHEELS
14. Martin Sprocket & Gear
15. Mec

Bushings Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Bushings Market

Overview of the regional outlook of the Bushings Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The Bushings Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of Bushings Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.
6. By Type:

                1. Porcelain Insulation

                2. Paper Insulation

                3. Resin Insulation

                1. Construction Equipment

                2. Material Handling Equipment

                3. Other

8. Market scenario by region, sub-region, and country.
9. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
10. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
11. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Bushings Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

How you may use our products:

• Correctly Positioning New Products
• Market Entry Strategies
• Business Expansion Strategies
• Consumer Insights
• Understanding Competition Scenario
• Product & Brand Management
• Channel & Customer Management
• Identifying Appropriate Advertising Appeals

Reasons to Purchase the Bushings Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.