Transformer Bushing Market to Reach USD 3.84 Billion by 2032, Growing at 6.5% CAGR Driven by Grid Modernization Initiatives
The global Transformer Bushing market is witnessing steady expansion as power utilities and industrial sectors intensify investments in grid reliability and energy infrastructure upgrades. According to Market Intelo, the market was valued at USD 2.17 billion in 2023 and is projected to reach USD 3.84 billion by 2032, registering a CAGR of 6.5% during the forecast period. Rising demand for...
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