In electric power distribution, a bus duct (also called busway), is a sheet metal duct containing either copper or aluminium busbars for the purpose of conducting a substantial current of electricity. Bus duct, is an electrical power supply distribution system that seamlessly distributes power from one end of the building to another. A key advantage of busway is its flexibility and adaptability to a wide range of requirements. It is widely used in industrial buildings, commercial building, civil building etc.
According to our (Global Info Research) latest study, the global Bus Duct market size was valued at US$ 11340 million in 2023 and is forecast to a readjusted size of USD 19210 million by 2030 with a CAGR of 7.9% during review period.
The main manufacturers of Global Bus Duct include Schneider Electric, Siemens, ABB, Eaton, etc. These top four manufacturers hold a market share about 30%. Europe is the main production region in the world. In terms of application, the product is mainly used in commercial building, followed by industrial building.
This report is a detailed and comprehensive analysis for global Bus Duct market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.
Key Features:
Global Bus Duct market size and forecasts, in consumption value ($ Million), sales quantity (K Meters), and average selling prices (US$/Meter), 2019-2030
Global Bus Duct market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Meters), and average selling prices (US$/Meter), 2019-2030
Global Bus Duct market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Meters), and average selling prices (US$/Meter), 2019-2030
Global Bus Duct market shares of main players, shipments in revenue ($ Million), sales quantity (K Meters), and ASP (US$/Meter), 2019-2024
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Bus Duct
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Bus Duct market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Schneider Electric, Siemens, ABB, Eaton, LS Cable, Legrand, DBTS Ind, Godrej & Boyce, Furukawa Electric, Powell, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Bus Duct market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
BMC (Air Splicing Bus Duct)
CMC (Intensive Insulation Plug Bus Duct)
CFW (Higher Strength Enclosed Bus Duct)
Market segment by Application
Industrial Building
Commercial Building
Civil Building
Other Application
Major players covered
Schneider Electric
Siemens
ABB
Eaton
LS Cable
Legrand
DBTS Ind
Godrej & Boyce
Furukawa Electric
Powell
Honeywell
Dynamic Electrical
PPB
KYODO KY-TEC Corp.
Amppelec
Huapeng Group
WETOWN
Dasheng Microgrid
WOER
BYE
Guangle Electric
Baosheng
Hanhe Cable
SWCC SHOWA HOLDINGS
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Bus Duct product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Bus Duct, with price, sales quantity, revenue, and global market share of Bus Duct from 2019 to 2024.
Chapter 3, the Bus Duct competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Bus Duct breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Bus Duct market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Bus Duct.
Chapter 14 and 15, to describe Bus Duct sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Bus Duct. Industry analysis & Market Report on Bus Duct is a syndicated market report, published as Global Bus Duct Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030. It is complete Research Study and Industry Analysis of Bus Duct market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.