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Busbar-Global Market Insights and Sales Trends 2024
Synopsis
In electric power distribution, a busbar (also bus bar, and sometimes misspelled as buss bar or bussbar) is a metallic strip or bar, typically housed inside switchgear, panel boards, and busway enclosures for local high current power distribution. They are also used to connect high voltage equipment at electrical switchyards, and low voltage equipment in battery banks. They are generally uninsulated, and have sufficient stiffness to be supported in air by insulated pillars. These features allow sufficient cooling of the conductors, and the ability to tap in at various points without creating a new joint.
The global Busbar market size is expected to reach US$ 17860 million by 2029, growing at a CAGR of 4.4% from 2023 to 2029. The market is mainly driven by the significant applications of Busbar in various end use industries. The expanding demands from the Utilities, Residential, Commercial and Industrial Use, are propelling Busbar market. Low Power (Below 125 A), one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Medium Power (125 A–800 A) segment is estimated at % CAGR for the next seven-year period.
The utilities segment is the largest end-user of the market as it finds a number of applications such as switchgear, motor controls, and transformers, among others.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Busbar, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Busbar market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Busbar market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Busbar sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Busbar covered in this report include ABB, Eaton, Legrand, Schneider Electric, Siemens, Chint Electrics, Mersen, Power Products and Rittal, etc.
The global Busbar market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
ABB
Eaton
Legrand
Schneider Electric
Siemens
Chint Electrics
Mersen
Power Products
Rittal
Pentair
C&S Electric
Promet
Baotai
Metal Gems
Global Busbar market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Busbar market, Segment by Type:
Low Power (Below 125 A)
Medium Power (125 A–800 A)
High Power (Above 800 A)
Global Busbar market, by Application
Utilities
Residential
Commercial
Industrial Use
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Busbar manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Busbar in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
In electric power distribution, a busbar (also bus bar, and sometimes misspelled as buss bar or bussbar) is a metallic strip or bar, typically housed inside switchgear, panel boards, and busway enclosures for local high current power distribution. They are also used to connect high voltage equipment at electrical switchyards, and low voltage equipment in battery banks. They are generally uninsulated, and have sufficient stiffness to be supported in air by insulated pillars. These features allow sufficient cooling of the conductors, and the ability to tap in at various points without creating a new joint.
The global Busbar market size is expected to reach US$ 17860 million by 2029, growing at a CAGR of 4.4% from 2023 to 2029. The market is mainly driven by the significant applications of Busbar in various end use industries. The expanding demands from the Utilities, Residential, Commercial and Industrial Use, are propelling Busbar market. Low Power (Below 125 A), one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Medium Power (125 A–800 A) segment is estimated at % CAGR for the next seven-year period.
The utilities segment is the largest end-user of the market as it finds a number of applications such as switchgear, motor controls, and transformers, among others.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Busbar, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Busbar market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Busbar market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Busbar sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Busbar covered in this report include ABB, Eaton, Legrand, Schneider Electric, Siemens, Chint Electrics, Mersen, Power Products and Rittal, etc.
The global Busbar market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
ABB
Eaton
Legrand
Schneider Electric
Siemens
Chint Electrics
Mersen
Power Products
Rittal
Pentair
C&S Electric
Promet
Baotai
Metal Gems
Global Busbar market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Busbar market, Segment by Type:
Low Power (Below 125 A)
Medium Power (125 A–800 A)
High Power (Above 800 A)
Global Busbar market, by Application
Utilities
Residential
Commercial
Industrial Use
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Busbar manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Busbar in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Busbar Market Overview
1.1 Busbar Product Overview
1.2 Busbar Market Segment by Type
1.2.1 Low Power (Below 125 A)
1.2.2 Medium Power (125 A–800 A)
1.2.3 High Power (Above 800 A)
1.3 Global Busbar Market Size by Type
1.3.1 Global Busbar Market Size Overview by Type (2018-2029)
1.3.2 Global Busbar Historic Market Size Review by Type (2018-2023)
1.3.3 Global Busbar Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Busbar Sales Breakdown by Type (2018-2023)
1.4.2 Europe Busbar Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Busbar Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Busbar Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Busbar Sales Breakdown by Type (2018-2023)
2 Global Busbar Market Competition by Company
2.1 Global Top Players by Busbar Sales (2018-2023)
2.2 Global Top Players by Busbar Revenue (2018-2023)
2.3 Global Top Players by Busbar Price (2018-2023)
2.4 Global Top Manufacturers Busbar Manufacturing Base Distribution, Sales Area, Product Type
2.5 Busbar Market Competitive Situation and Trends
2.5.1 Busbar Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Busbar Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Busbar as of 2022)
2.7 Date of Key Manufacturers Enter into Busbar Market
2.8 Key Manufacturers Busbar Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Busbar Status and Outlook by Region
3.1 Global Busbar Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Busbar Historic Market Size by Region
3.2.1 Global Busbar Sales in Volume by Region (2018-2023)
3.2.2 Global Busbar Sales in Value by Region (2018-2023)
3.2.3 Global Busbar Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Busbar Forecasted Market Size by Region
3.3.1 Global Busbar Sales in Volume by Region (2024-2029)
3.3.2 Global Busbar Sales in Value by Region (2024-2029)
3.3.3 Global Busbar Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Busbar by Application
4.1 Busbar Market Segment by Application
4.1.1 Utilities
4.1.2 Residential
4.1.3 Commercial
4.1.4 Industrial Use
4.2 Global Busbar Market Size by Application
4.2.1 Global Busbar Market Size Overview by Application (2018-2029)
4.2.2 Global Busbar Historic Market Size Review by Application (2018-2023)
4.2.3 Global Busbar Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Busbar Sales Breakdown by Application (2018-2023)
4.3.2 Europe Busbar Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Busbar Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Busbar Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Busbar Sales Breakdown by Application (2018-2023)
5 North America Busbar by Country
5.1 North America Busbar Historic Market Size by Country
5.1.1 North America Busbar Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Busbar Sales in Volume by Country (2018-2023)
5.1.3 North America Busbar Sales in Value by Country (2018-2023)
5.2 North America Busbar Forecasted Market Size by Country
5.2.1 North America Busbar Sales in Volume by Country (2024-2029)
5.2.2 North America Busbar Sales in Value by Country (2024-2029)
6 Europe Busbar by Country
6.1 Europe Busbar Historic Market Size by Country
6.1.1 Europe Busbar Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Busbar Sales in Volume by Country (2018-2023)
6.1.3 Europe Busbar Sales in Value by Country (2018-2023)
6.2 Europe Busbar Forecasted Market Size by Country
6.2.1 Europe Busbar Sales in Volume by Country (2024-2029)
6.2.2 Europe Busbar Sales in Value by Country (2024-2029)
7 Asia-Pacific Busbar by Region
7.1 Asia-Pacific Busbar Historic Market Size by Region
7.1.1 Asia-Pacific Busbar Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Busbar Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Busbar Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Busbar Forecasted Market Size by Region
7.2.1 Asia-Pacific Busbar Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Busbar Sales in Value by Region (2024-2029)
8 Latin America Busbar by Country
8.1 Latin America Busbar Historic Market Size by Country
8.1.1 Latin America Busbar Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Busbar Sales in Volume by Country (2018-2023)
8.1.3 Latin America Busbar Sales in Value by Country (2018-2023)
8.2 Latin America Busbar Forecasted Market Size by Country
8.2.1 Latin America Busbar Sales in Volume by Country (2024-2029)
8.2.2 Latin America Busbar Sales in Value by Country (2024-2029)
9 Middle East and Africa Busbar by Country
9.1 Middle East and Africa Busbar Historic Market Size by Country
9.1.1 Middle East and Africa Busbar Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Busbar Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Busbar Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Busbar Forecasted Market Size by Country
9.2.1 Middle East and Africa Busbar Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Busbar Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 ABB
10.1.1 ABB Company Information
10.1.2 ABB Introduction and Business Overview
10.1.3 ABB Busbar Sales, Revenue and Gross Margin (2018-2023)
10.1.4 ABB Busbar Products Offered
10.1.5 ABB Recent Development
10.2 Eaton
10.2.1 Eaton Company Information
10.2.2 Eaton Introduction and Business Overview
10.2.3 Eaton Busbar Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Eaton Busbar Products Offered
10.2.5 Eaton Recent Development
10.3 Legrand
10.3.1 Legrand Company Information
10.3.2 Legrand Introduction and Business Overview
10.3.3 Legrand Busbar Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Legrand Busbar Products Offered
10.3.5 Legrand Recent Development
10.4 Schneider Electric
10.4.1 Schneider Electric Company Information
10.4.2 Schneider Electric Introduction and Business Overview
10.4.3 Schneider Electric Busbar Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Schneider Electric Busbar Products Offered
10.4.5 Schneider Electric Recent Development
10.5 Siemens
10.5.1 Siemens Company Information
10.5.2 Siemens Introduction and Business Overview
10.5.3 Siemens Busbar Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Siemens Busbar Products Offered
10.5.5 Siemens Recent Development
10.6 Chint Electrics
10.6.1 Chint Electrics Company Information
10.6.2 Chint Electrics Introduction and Business Overview
10.6.3 Chint Electrics Busbar Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Chint Electrics Busbar Products Offered
10.6.5 Chint Electrics Recent Development
10.7 Mersen
10.7.1 Mersen Company Information
10.7.2 Mersen Introduction and Business Overview
10.7.3 Mersen Busbar Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Mersen Busbar Products Offered
10.7.5 Mersen Recent Development
10.8 Power Products
10.8.1 Power Products Company Information
10.8.2 Power Products Introduction and Business Overview
10.8.3 Power Products Busbar Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Power Products Busbar Products Offered
10.8.5 Power Products Recent Development
10.9 Rittal
10.9.1 Rittal Company Information
10.9.2 Rittal Introduction and Business Overview
10.9.3 Rittal Busbar Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Rittal Busbar Products Offered
10.9.5 Rittal Recent Development
10.10 Pentair
10.10.1 Pentair Company Information
10.10.2 Pentair Introduction and Business Overview
10.10.3 Pentair Busbar Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Pentair Busbar Products Offered
10.10.5 Pentair Recent Development
10.11 C&S Electric
10.11.1 C&S Electric Company Information
10.11.2 C&S Electric Introduction and Business Overview
10.11.3 C&S Electric Busbar Sales, Revenue and Gross Margin (2018-2023)
10.11.4 C&S Electric Busbar Products Offered
10.11.5 C&S Electric Recent Development
10.12 Promet
10.12.1 Promet Company Information
10.12.2 Promet Introduction and Business Overview
10.12.3 Promet Busbar Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Promet Busbar Products Offered
10.12.5 Promet Recent Development
10.13 Baotai
10.13.1 Baotai Company Information
10.13.2 Baotai Introduction and Business Overview
10.13.3 Baotai Busbar Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Baotai Busbar Products Offered
10.13.5 Baotai Recent Development
10.14 Metal Gems
10.14.1 Metal Gems Company Information
10.14.2 Metal Gems Introduction and Business Overview
10.14.3 Metal Gems Busbar Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Metal Gems Busbar Products Offered
10.14.5 Metal Gems Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Busbar Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Busbar Industrial Chain Analysis
11.4 Busbar Market Dynamics
11.4.1 Busbar Industry Trends
11.4.2 Busbar Market Drivers
11.4.3 Busbar Market Challenges
11.4.4 Busbar Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Busbar Distributors
12.3 Busbar Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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