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Global Busbar Trunking Systems Market Research Report 2024
Synopsis
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.
The global Busbar Trunking Systems market was valued at US$ 7110.5 million in 2023 and is anticipated to reach US$ 9937.4 million by 2030, witnessing a CAGR of 4.8% during the forecast period 2024-2030.
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.
This report aims to provide a comprehensive presentation of the global market for Busbar Trunking Systems, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Busbar Trunking Systems.
Report Scope
The Busbar Trunking Systems market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Busbar Trunking Systems market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Busbar Trunking Systems manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
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
Segment by Type
Copper
Aluminum
Segment by Application
Industrial
Commercial
Large Residential
Transportation
Production by Region
North America
Europe
China
Japan
South Korea
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Busbar Trunking Systems manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Busbar Trunking Systems by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Busbar Trunking Systems in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
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.
The global Busbar Trunking Systems market was valued at US$ 7110.5 million in 2023 and is anticipated to reach US$ 9937.4 million by 2030, witnessing a CAGR of 4.8% during the forecast period 2024-2030.
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.
This report aims to provide a comprehensive presentation of the global market for Busbar Trunking Systems, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Busbar Trunking Systems.
Report Scope
The Busbar Trunking Systems market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Busbar Trunking Systems market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Busbar Trunking Systems manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
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
Segment by Type
Copper
Aluminum
Segment by Application
Industrial
Commercial
Large Residential
Transportation
Production by Region
North America
Europe
China
Japan
South Korea
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Busbar Trunking Systems manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Busbar Trunking Systems by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Busbar Trunking Systems in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
Index1 Busbar Trunking Systems Market Overview
1.1 Product Definition
1.2 Busbar Trunking Systems Segment by Type
1.2.1 Global Busbar Trunking Systems Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Copper
1.2.3 Aluminum
1.3 Busbar Trunking Systems Segment by Application
1.3.1 Global Busbar Trunking Systems Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Industrial
1.3.3 Commercial
1.3.4 Large Residential
1.3.5 Transportation
1.4 Global Market Growth Prospects
1.4.1 Global Busbar Trunking Systems Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Busbar Trunking Systems Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Busbar Trunking Systems Production Estimates and Forecasts (2019-2030)
1.4.4 Global Busbar Trunking Systems Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Busbar Trunking Systems Production Market Share by Manufacturers (2019-2024)
2.2 Global Busbar Trunking Systems Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Busbar Trunking Systems, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Busbar Trunking Systems Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Busbar Trunking Systems Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Busbar Trunking Systems, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Busbar Trunking Systems, Product Offered and Application
2.8 Global Key Manufacturers of Busbar Trunking Systems, Date of Enter into This Industry
2.9 Busbar Trunking Systems Market Competitive Situation and Trends
2.9.1 Busbar Trunking Systems Market Concentration Rate
2.9.2 Global 5 and 10 Largest Busbar Trunking Systems Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Busbar Trunking Systems Production by Region
3.1 Global Busbar Trunking Systems Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Busbar Trunking Systems Production Value by Region (2019-2030)
3.2.1 Global Busbar Trunking Systems Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Busbar Trunking Systems by Region (2025-2030)
3.3 Global Busbar Trunking Systems Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Busbar Trunking Systems Production by Region (2019-2030)
3.4.1 Global Busbar Trunking Systems Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Busbar Trunking Systems by Region (2025-2030)
3.5 Global Busbar Trunking Systems Market Price Analysis by Region (2019-2024)
3.6 Global Busbar Trunking Systems Production and Value, Year-over-Year Growth
3.6.1 North America Busbar Trunking Systems Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Busbar Trunking Systems Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Busbar Trunking Systems Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Busbar Trunking Systems Production Value Estimates and Forecasts (2019-2030)
3.6.5 South Korea Busbar Trunking Systems Production Value Estimates and Forecasts (2019-2030)
4 Busbar Trunking Systems Consumption by Region
4.1 Global Busbar Trunking Systems Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Busbar Trunking Systems Consumption by Region (2019-2030)
4.2.1 Global Busbar Trunking Systems Consumption by Region (2019-2024)
4.2.2 Global Busbar Trunking Systems Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Busbar Trunking Systems Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Busbar Trunking Systems Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Busbar Trunking Systems Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Busbar Trunking Systems Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Busbar Trunking Systems Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Busbar Trunking Systems Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Busbar Trunking Systems Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Busbar Trunking Systems Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Busbar Trunking Systems Production by Type (2019-2030)
5.1.1 Global Busbar Trunking Systems Production by Type (2019-2024)
5.1.2 Global Busbar Trunking Systems Production by Type (2025-2030)
5.1.3 Global Busbar Trunking Systems Production Market Share by Type (2019-2030)
5.2 Global Busbar Trunking Systems Production Value by Type (2019-2030)
5.2.1 Global Busbar Trunking Systems Production Value by Type (2019-2024)
5.2.2 Global Busbar Trunking Systems Production Value by Type (2025-2030)
5.2.3 Global Busbar Trunking Systems Production Value Market Share by Type (2019-2030)
5.3 Global Busbar Trunking Systems Price by Type (2019-2030)
6 Segment by Application
6.1 Global Busbar Trunking Systems Production by Application (2019-2030)
6.1.1 Global Busbar Trunking Systems Production by Application (2019-2024)
6.1.2 Global Busbar Trunking Systems Production by Application (2025-2030)
6.1.3 Global Busbar Trunking Systems Production Market Share by Application (2019-2030)
6.2 Global Busbar Trunking Systems Production Value by Application (2019-2030)
6.2.1 Global Busbar Trunking Systems Production Value by Application (2019-2024)
6.2.2 Global Busbar Trunking Systems Production Value by Application (2025-2030)
6.2.3 Global Busbar Trunking Systems Production Value Market Share by Application (2019-2030)
6.3 Global Busbar Trunking Systems Price by Application (2019-2030)
7 Key Companies Profiled
7.1 ABB
7.1.1 ABB Busbar Trunking Systems Corporation Information
7.1.2 ABB Busbar Trunking Systems Product Portfolio
7.1.3 ABB Busbar Trunking Systems Production, Value, Price and Gross Margin (2019-2024)
7.1.4 ABB Main Business and Markets Served
7.1.5 ABB Recent Developments/Updates
7.2 GE
7.2.1 GE Busbar Trunking Systems Corporation Information
7.2.2 GE Busbar Trunking Systems Product Portfolio
7.2.3 GE Busbar Trunking Systems Production, Value, Price and Gross Margin (2019-2024)
7.2.4 GE Main Business and Markets Served
7.2.5 GE Recent Developments/Updates
7.3 Legrand
7.3.1 Legrand Busbar Trunking Systems Corporation Information
7.3.2 Legrand Busbar Trunking Systems Product Portfolio
7.3.3 Legrand Busbar Trunking Systems Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Legrand Main Business and Markets Served
7.3.5 Legrand Recent Developments/Updates
7.4 Schneider Electric
7.4.1 Schneider Electric Busbar Trunking Systems Corporation Information
7.4.2 Schneider Electric Busbar Trunking Systems Product Portfolio
7.4.3 Schneider Electric Busbar Trunking Systems Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Schneider Electric Main Business and Markets Served
7.4.5 Schneider Electric Recent Developments/Updates
7.5 Siemens
7.5.1 Siemens Busbar Trunking Systems Corporation Information
7.5.2 Siemens Busbar Trunking Systems Product Portfolio
7.5.3 Siemens Busbar Trunking Systems Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Siemens Main Business and Markets Served
7.5.5 Siemens Recent Developments/Updates
7.6 Eaton
7.6.1 Eaton Busbar Trunking Systems Corporation Information
7.6.2 Eaton Busbar Trunking Systems Product Portfolio
7.6.3 Eaton Busbar Trunking Systems Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Eaton Main Business and Markets Served
7.6.5 Eaton Recent Developments/Updates
7.7 L&T
7.7.1 L&T Busbar Trunking Systems Corporation Information
7.7.2 L&T Busbar Trunking Systems Product Portfolio
7.7.3 L&T Busbar Trunking Systems Production, Value, Price and Gross Margin (2019-2024)
7.7.4 L&T Main Business and Markets Served
7.7.5 L&T Recent Developments/Updates
7.8 C&S Electric
7.8.1 C&S Electric Busbar Trunking Systems Corporation Information
7.8.2 C&S Electric Busbar Trunking Systems Product Portfolio
7.8.3 C&S Electric Busbar Trunking Systems Production, Value, Price and Gross Margin (2019-2024)
7.8.4 C&S Electric Main Business and Markets Served
7.7.5 C&S Electric Recent Developments/Updates
7.9 Pogliano
7.9.1 Pogliano Busbar Trunking Systems Corporation Information
7.9.2 Pogliano Busbar Trunking Systems Product Portfolio
7.9.3 Pogliano Busbar Trunking Systems Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Pogliano Main Business and Markets Served
7.9.5 Pogliano Recent Developments/Updates
7.10 DBTS Industries
7.10.1 DBTS Industries Busbar Trunking Systems Corporation Information
7.10.2 DBTS Industries Busbar Trunking Systems Product Portfolio
7.10.3 DBTS Industries Busbar Trunking Systems Production, Value, Price and Gross Margin (2019-2024)
7.10.4 DBTS Industries Main Business and Markets Served
7.10.5 DBTS Industries Recent Developments/Updates
7.11 Elbagate
7.11.1 Elbagate Busbar Trunking Systems Corporation Information
7.11.2 Elbagate Busbar Trunking Systems Product Portfolio
7.11.3 Elbagate Busbar Trunking Systems Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Elbagate Main Business and Markets Served
7.11.5 Elbagate Recent Developments/Updates
7.12 Busbar Services
7.12.1 Busbar Services Busbar Trunking Systems Corporation Information
7.12.2 Busbar Services Busbar Trunking Systems Product Portfolio
7.12.3 Busbar Services Busbar Trunking Systems Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Busbar Services Main Business and Markets Served
7.12.5 Busbar Services Recent Developments/Updates
7.13 Jiangsu Wetown Busway
7.13.1 Jiangsu Wetown Busway Busbar Trunking Systems Corporation Information
7.13.2 Jiangsu Wetown Busway Busbar Trunking Systems Product Portfolio
7.13.3 Jiangsu Wetown Busway Busbar Trunking Systems Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Jiangsu Wetown Busway Main Business and Markets Served
7.13.5 Jiangsu Wetown Busway Recent Developments/Updates
7.14 Shanghai Zhenda
7.14.1 Shanghai Zhenda Busbar Trunking Systems Corporation Information
7.14.2 Shanghai Zhenda Busbar Trunking Systems Product Portfolio
7.14.3 Shanghai Zhenda Busbar Trunking Systems Production, Value, Price and Gross Margin (2019-2024)
7.14.4 Shanghai Zhenda Main Business and Markets Served
7.14.5 Shanghai Zhenda Recent Developments/Updates
7.15 Superior Electric
7.15.1 Superior Electric Busbar Trunking Systems Corporation Information
7.15.2 Superior Electric Busbar Trunking Systems Product Portfolio
7.15.3 Superior Electric Busbar Trunking Systems Production, Value, Price and Gross Margin (2019-2024)
7.15.4 Superior Electric Main Business and Markets Served
7.15.5 Superior Electric Recent Developments/Updates
7.16 Delta Electric
7.16.1 Delta Electric Busbar Trunking Systems Corporation Information
7.16.2 Delta Electric Busbar Trunking Systems Product Portfolio
7.16.3 Delta Electric Busbar Trunking Systems Production, Value, Price and Gross Margin (2019-2024)
7.16.4 Delta Electric Main Business and Markets Served
7.16.5 Delta Electric Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Busbar Trunking Systems Industry Chain Analysis
8.2 Busbar Trunking Systems Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Busbar Trunking Systems Production Mode & Process
8.4 Busbar Trunking Systems Sales and Marketing
8.4.1 Busbar Trunking Systems Sales Channels
8.4.2 Busbar Trunking Systems Distributors
8.5 Busbar Trunking Systems Customers
9 Busbar Trunking Systems Market Dynamics
9.1 Busbar Trunking Systems Industry Trends
9.2 Busbar Trunking Systems Market Drivers
9.3 Busbar Trunking Systems Market Challenges
9.4 Busbar Trunking Systems Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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