Busbar trunking is a system consisting of prefabricated electrical distribution system covered in a highly protective enclosure, which basically includes components such as fittings, devices, straight lengths, elbows and accessories.
Rising demand for reliable and uninterrupted supply of electricity in developing economies coupled with stringent government directives to curb T&D losses will drive the market. Ease of installation, low costs and the ability to effectively transmit bulk power over long distances have significantly favored the adoption of these products over traditional cables. Rapid urbanization backed by growing construction and infrastructure spending will further complement the product penetration. Growing investments to modernize the aging electricity network coupled with increasing adoption of smart grid technology will significantly enhance the busbar trunking system market. Installing such system avoids the plethora of cables in power transmission network and can reduce the ample space covered by the cables. Minimal heat dissipation, flexibility of tap-off locations, and trifling fire risks will positively impact its adoption globally. As per International Energy Agency (IEA), an estimated investment of USD 9.7 Trillion must be made to meet the global generating capacity till 2035 along with USD 7.2 Trillion to replace and install T&D grids.
In recent times, aluminum conductors are being widely used in North America. This region holds a major share of the global busbar trunking systems market, followed by Europe. Due to growth of manufacturing industries and commercial buildings in Asia Pacific, the market in the region is anticipated to expand at a significant rate during the forecast period.
The Busbar Trunking Systems market was valued at xx Million US$ in 2018 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Busbar Trunking Systems.
This report presents the worldwide Busbar Trunking Systems market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
ABB
GE
Legrand
Schneider Electric
Siemens
Eaton
L&T
C&S Electric
Pogliano
DBTS Industries
Elbagate
Busbar Services
Jiangsu Wetown Busway
Shanghai Zhenda
Superior Electric
Delta Electric
Busbar Trunking Systems Breakdown Data by Type
Copper
Aluminum
Busbar Trunking Systems Breakdown Data by Application
Industrial
Commercial
Large Residential
Transportation
Busbar Trunking Systems Production by Region
United States
Europe
China
Japan
South Korea
Other Regions
Busbar Trunking Systems Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Busbar Trunking Systems status and future forecast,involving, production, revenue, consumption, historical and forecast.
To present the key Busbar Trunking Systems manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Busbar Trunking Systems :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Busbar Trunking Systems market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Busbar Trunking Systems . Industry analysis & Market Report on Busbar Trunking Systems is a syndicated market report, published as Global Busbar Trunking Systems Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Busbar Trunking Systems market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.