RIP & RIF Bushings Market worth $1.83 billion by 2032
The global RIP & RIF Bushings Market is projected to reach USD 1.83 billion by 2032 from an estimated USD 1.21 billion in 2025, at a CAGR of 5.9% during the forecast period.
The global RIP & RIF Bushings Market is projected to grow from estimated USD 1.21 billion in 2025 to USD 1.83 billion by 2032, at a CAGR of 5.9% during the forecast period. The global RIP & RIF Bushings Market is expected to grow at a high CAGR between 2025 and 2030, due to the increasing need for safe, dependable, and maintenance-free insulation systems in high-voltage transmission and distribution systems. As grid infrastructure continues to age and adoption of renewable energy systems proliferates, the utility and industrial operators will shift from traditional oil-filled bushings to newer dry-type bushings, such as resin-impregnated paper and resin-impregnated fiberglass (RIP & RIF) bushings because these new insulation materials are notably safer at high voltages, have improved dielectric strengths, less exposure to moisture/water, better fire safety, and superior electrical insulation than traditional oil-filled bushings. Grid modernization, along with the increased uptake of digital substations, modularized containment capability, and new compact equipment designs, all help to further the adoption of RIP and RIF bushings within smart grids, modular substations, and high-voltage switchgear. In addition, national governments and transmission operators are also growing towards eco-friendly insulation components and maintenance-free insulation solutions that align with other sustainability goals and provide operators with a means to lower their overall lifetime operating costs. About emerging markets and economies in the Asia Pacific region, there is a significant growth opportunity for manufacturers of RIP and RIF bushings. This is especially true with the ongoing power infrastructure projects, including electrification, and the sustained growth expected to continue throughout the next forecast period.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=63958834
Resin-impregnated paper bushings type to hold larger market share throughout forecast period
The resin-impregnated paper bushings segment is estimated to hold a larger market share during the forecast period due to widespread adoption of RIP bushings, particularly in high-voltage applications. The rise of RIP bushings can be attributed to their large installation in voltage rating use with transformers and switchgears, owing to their advantageous performance characteristics compared to traditional oil-impregnated bushings. They offer improved dielectric performance, thermal stability, and greater ability to resist moisture and contaminants from the environment. They are dry-type, maintenance-free, and safer, making for easier installation in both indoor and outdoor serviceable areas with strict environmental/safety regulations. They also take up less implementation space, which aligns with the trend of more efficient and space-saving substation and modular equipment installation. As utilities and grid operators continue investing in renewable energy, smart grids, and transmission network upgrades, RIP bushings are preferred due to their long operational life, less flammability risk, and compatibility with digital monitoring systems. The factors identified make RIP bushings an overall preferred type across a vast array of high-voltage infrastructure projects, and they are positioned as the leading size segment.
Transformers to account for majority of market share throughout forecast period.
The transformers segment is expected to be the most extensive application in the RIP & RIF Bushings Market throughout the forecast period because of the continuing growth and modernization of transmission and distribution infrastructure development worldwide. The transformers are key components of electrical grid systems, and bushings are essential interfaces for safely transferring high-voltage current beyond the grounded enclosure. Electricity demand is increasing, urbanization is accelerating the need for increased capacity for electricity delivery to consumers, and large amounts of renewable energy are being incorporated into the electrical grid. The power and distribution transformers needed will continue to increase significantly over the forecast period. With excellent dielectric strength, moisture resistance, and reliability under extreme environmental conditions, RIP and RIF bushings are selected because of their inherent benefits when used in transformers designed to deliver power to consumers. The ongoing and speeding up of the transition toward digital substations and smart transformers, requiring insulation solutions with improved capabilities, also contributes to the demand for resin-impregnated bushings.
Asia Pacific to lead global market during forecast period
Asia Pacific will lead the global RIP & RIF Bushings Market during the forecast period, driven by urbanization, increasing power demand, and heavy investments in grid infrastructure among key economies such as China, India, Japan, and South Korea. The region is witnessing large-scale grid modernization, renewable integration, and electrification projects, all necessitating upgraded power transmission and distribution equipment such as superior-quality bushings. Government-sponsored rural electrification programs, innovative grid installations, and substation expansion also promote using resin-impregnated paper and fiberglass bushings. Moreover, the availability of tier-one transformer and switchgear producers in Asia Pacific, combined with a robust industrial base and growing emphasis on grid reliability and energy efficiency, drives demand for low-maintenance and reliable bushing technology. With the increasing development of energy infrastructure, particularly in the developing world, Asia Pacific is poised to dominate the RIP & RIF Bushings Market worldwide during the forecast period.
Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=63958834
Key Players
ABB (Switzerland), Eaton (Ireland), Siemens (Germany), General Electric Company (US), Hitachi Energy Ltd. (Switzerland), and Trench Group (Germany) are some of the prominent players in the global market for RIP & RIF bushings. Business entities involved in the RIP & RIF bushings industry aggressively embrace strategic actions such as product development, collaborations, mergers and acquisitions, and expansions to consolidate their positions further and address the growing need for dependable grid components. With the international drive for grid modernization, renewable energy integration, and high-voltage transmission infrastructure development, manufacturers are investing in more advanced, environmentally friendly bushing technologies that provide superior thermal performance, lower partial discharge, and extended operating life. The industry leaders also emphasize digital integration, such as condition monitoring and smart diagnostic systems, to improve asset performance and minimize unplanned outages. In addition, strategic partnerships with OEMs and utilities and growth in high-growth markets such as Asia Pacific are helping firms diversify their portfolios and tap new customer bases. These initiatives are complemented by R&D initiatives for making lighter, modular, and maintenance-free RIP and RIF bushings to address the changing demands of the world energy industry.
About MarketsandMarkets™:
MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe.
Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem.
The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.
Contact:
Mr. Rohan Salgarkar
MarketsandMarkets™ INC.
1615 South Congress Ave.
Suite 103, Delray Beach, FL 33445
USA: +1-888-600-6441
Email: newsletter@marketsandmarkets.com
Media Contact
Company Name: MarketsandMarkets™ Research Private Ltd.
Contact Person: Mr. Rohan Salgarkar
Email: Send Email
Phone: 18886006441
Address: 1615 South Congress Ave. Suite 103, Delray Beach, FL 33445
City: Florida
State: Florida
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/hot-melt-adhesives-market-1088.html
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Globe and Mail
an hour ago
- Globe and Mail
CoreWeave (CRWV) Bolsters its Growth Story with New AI Cloud Products
Artificial intelligence (AI) cloud provider CoreWeave (CRWV) continues to bolster its growth story with innovative products. At the Weights & Biases Fully Connected Conference held on Wednesday, the company launched three new AI cloud software products and capabilities to help customers develop, deploy, and iterate AI faster. CRWV stock has rallied about 112% over the past month, reflecting investor optimism about the demand for the company's AI infrastructure. Confident Investing Starts Here: CoreWeave Launches New AI Cloud Products CoreWeave, which acquired AI developer platform Weights & Biases in May 2025, launched three new products – Mission Control Integration, W&B Inference, and W&B Weave Online Evaluations, to enable more developers to build AI models on its cloud platform. The launch of these products marks the first software integration between the two companies following the acquisition. The AI cloud computing platform highlighted that these capabilities integrate CoreWeave's infrastructure with Weights & Biases' intuitive tooling to empower AI engineers in training models, performing inference efficiently, and monitoring AI applications. CRWV's Continued Innovation to Boost Demand CoreWeave's efforts to offer innovative products to customers could further strengthen the demand for its platform. Powered by Nvidia's (NVDA) GPUs (graphics processing units), CoreWeave is well-positioned to capture the massive demand for computing from AI companies. This high-growth stock has rallied 325% to $170 from its IPO (initial public offering) price of $40, thanks to optimism about its prospects amid the ongoing AI wave. However, several analysts are concerned about CoreWeave's high cash burn and lofty valuation. Earlier this week, Bank of America analyst Bradley Sills downgraded CRWV stock to Hold from Buy, citing valuation concerns. Is CRWV a Good Stock to Buy? Overall, Wall Street has a Moderate Buy consensus rating on CoreWeave stock based on six Buys, 11 Holds, and one Sell recommendation. The average CRWV stock price target of $78.53 indicates downside risk of about 54% from current levels. See more CRWV analyst ratings Disclaimer & Disclosure Report an Issue
Globe and Mail
2 hours ago
- Globe and Mail
Kaj Labs to Invest $160 Million in Bitcoin (BTC) to Back Imagen Network's (IMAGE) AI Infrastructure
The BTC reserve aims to enhance long-term sustainability and multichain liquidity for Imagen's AI social platform. Seattle, Washington--(Newsfile Corp. - June 20, 2025) - KaJ Labs, a decentralized AI and blockchain research organization, has announced a $160 million investment in Bitcoin (BTC) to reinforce the infrastructure and long-term sustainability of Imagen Network's decentralized AI social ecosystem. The strategic BTC reserve will underpin Imagen's multichain operations and act as a liquidity backbone for upcoming AI modules, community incentives, and cross-chain integrations. Strengthening the foundation of AI-powered decentralized systems. To view an enhanced version of this graphic, please visit: Imagen Network, the world's first AI-powered decentralized social platform, has recently expanded across Ethereum, BNB Chain, and Solana. This BTC investment by KaJ Labs reflects a growing focus on building stable, value-backed foundations for the platform's AI tooling, node orchestration systems, and token-based creator economy. The Bitcoin reserve will be used to balance operational costs, provide long-term collateral for $IMAGE-backed utility services, and fund ecosystem expansion as Imagen onboards more users and developers. It also aligns with Imagen's commitment to decentralization—using a neutral, trustless asset like BTC to support AI infrastructure across multiple blockchains. This investment follows a series of major capital moves including KaJ Labs' prior $52M commitment and Imagen's $125M XRP reserve expansion. Together, they position Imagen as one of the most capital-backed and infrastructure-secured AI social platforms in Web3. About Imagen Network Imagen Network is a decentralized social platform that blends AI content generation with blockchain infrastructure to give users creative control and data ownership. Through tools like adaptive filters and tokenized engagement, Imagen fosters a new paradigm of secure, expressive, and community-driven networking. About KaJ Labs KaJ Labs is a decentralized research organization focused on developing innovative solutions in artificial intelligence, blockchain, and Web3 infrastructure. The organization invests in high-impact projects that prioritize decentralization, transparency, and community empowerment. Media Contact Dorothy Marley KaJ Labs +1 707-622-6168 media@ Social Media Twitter Instagram
Globe and Mail
5 hours ago
- Globe and Mail
Why Quantum Computing Inc. Is the Quiet Winner in Quantum Stocks
presents a fascinating paradox for investors to study. On one hand, it's a headline-grabbing technology stock whose valuation often seems disconnected from its current financial results. On the other hand, it is a company that inspires intense bullish conviction and significant doubt simultaneously, as evidenced by a large number of investors betting against it. This has led many to label Quantum Computing Inc. (QCi) as a speculative, all-or-nothing bet on a technology that could be years away from mainstream adoption. This view, however, misses the most compelling part of the company's story. The key to understanding Quantum Computing's immediate potential and its most direct path to generating substantial revenue is not hidden in a futuristic quantum lab. Instead, it is housed within a far more conventional and tangible industrial asset that the company has just brought online. From Theory to Tangible Production In Quantum Computing's earnings report for the first quarter of 2025, the company revealed it had completed the construction of its Quantum Photonic Chip Foundry in Tempe, Arizona. This milestone is crucial, and its importance becomes immediately apparent when contrasted with the company's financials. With a market capitalization recently hovering around $2.79 billion, QCi reported revenue of just $39,000 in its most recent quarter. The new foundry is the company's answer to bridging this vast gap between valuation and revenue. The facility is a commercial manufacturing operation designed to produce Thin-Film Lithium Niobate (TFLN) chips. These are the high-performance engines of modern data transmission. Think of the massive data centers that power artificial intelligence (AI) or the 5G sector, which is connecting our world; they all require components that can move enormous amounts of data faster and more efficiently. TFLN chips are a key solution, prized for their ability to handle immense bandwidth with very low power loss. By opening this foundry, QCi is tapping into a massive and established market. According to multiple industry analyses, the global market for Photonic Integrated Circuits (PICs) is projected to grow from $15.1 billion in 2024 to an estimated $38.4 billion by 2029. Evidence of early demand is already materializing. QCi has secured an offtake agreement with Comtech Telecommunications (NASDAQ: CMTL), a defense and communications firm, to produce TFLN wafers for its satellite communication hardware. Why the Foundry Is a Strategic Masterstroke The decision to become a chip manufacturer provides QCi with powerful strategic advantages that directly address the risks of being a deep-tech hardware startup. It creates a more resilient and defensible business model built on three key pillars: Vertical Integration: By making its own core components, QCi gains complete control over its supply chain, design cycle, and intellectual property. It is not dependent on third-party suppliers for its most critical technology. This allows the company to innovate more quickly and protects it from supply chain disruptions that can sideline other hardware companies. A Diversified Business Model: The foundry offers a second, potentially high-margin revenue stream that is completely independent of the quantum computing timeline. While its competitors are focused almost exclusively on the long-term goal of selling access to quantum computers, QCi can profit today by selling essential components to the broader telecommunications, AI, and defense industries. This provides a financial cushion to fund its ambitious research and development. Validation as a Marketing Tool: The foundry's technology is already being validated in the real world through QCi's products. High-profile sales to customers like BMW, which is using QCi technology to optimize sensor placement on autonomous vehicles, and the Korea Research Institute of Standards and Science (KRISS) prove the performance of the company's photonic systems. Every product success story doubles as a high-profile demonstration of the foundry's capabilities, acting as a powerful marketing tool for its manufacturing services. From Moonshot to Manufacturing For investors, this dual-pronged strategy fundamentally changes the investment thesis. Quantum Computing Inc. is more than just a speculative quantum stock; it is an emerging, vertically integrated photonics manufacturer. The quantum machines represent the company's long-term, high-growth moonshot, but the foundry offers a grounded industrial business with a much more straightforward and nearer-term path to profitability. This hybrid identity provides a potential valuation floor and a strategic resilience that its peers may lack, as its success is not tied exclusively to the unpredictable timeline of quantum adoption. The success of the foundry can de-risk the entire enterprise. Therefore, the single most important indicator for investors to watch over the coming quarters will be the revenue generated by the foundry services division. The rate at which QCi can scale this manufacturing business from a promising start into a significant revenue stream will determine if the company's fundamental value can finally begin to catch up with its impressive, but speculative, stock price. Where Should You Invest $1,000 Right Now? Before you make your next trade, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. Our team has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and none of the big name stocks were on the list. They believe these five stocks are the five best companies for investors to buy now...
