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Global Busbar Market Size Study & Forecast, By Conductor (Aluminum, Copper), By End-Users (Utilities, Residential, Commercial, Industrial End-Users), By Power Rating (Low Power (Below 125 A), Medium Power (125 A–800 A), High Power (Above 800 A)), and Regional Analysis, 2023-2030

April 2024 | 200 pages | ID: GA546AEC3FAEN
Bizwit Research & Consulting LLP

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Global Busbar Market is valued at approximately USD XX billion in 2022 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2023-2030. A busbar is a metallic strip or bar that is used to conduct electricity within an electrical distribution system. It is typically made of copper or aluminum due to its high electrical conductivity and resistance to corrosion. Busbars are commonly found in electrical substations, switchgear, distribution boards, and electrical panels. The Busbars provide a low-resistance path for electrical current to flow, minimizing power losses and heat generation. Moreover, the rising electricity demand, growing renewable energy integration, increasing infrastructure development projects, and growing expansion of data centers are anticipated to create lucrative demand for the market during the forecast period 2023-2030.

Additionally, with the increasing global demand for electricity, there is a growing need for efficient power distribution systems. Busbars provide a reliable and efficient means of distributing electricity, driving their demand in various sectors such as residential, commercial, and industrial. According to Statista, in 2020, the electricity demand worldwide was 23,995 terawatt hours and it is anticipated to reach 29463 terawatt hours by 2030. As a result, the growing electricity demand globally is anticipated to support the market growth. Moreover, the growing development of smart cities and rising industrialization and urbanization are anticipated to create a lucrative opportunity for the market. However, the availability of counterfeit products, and volatile raw material pricing stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Busbar Market study include Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the growing rapid industrialization, increasing adoption of renewable energy sources, growing urbanization, and infrastructure development. Whereas the Asia Pacific is expected to grow with the fastest growth rate during the forecast period, owing to factors such as the increasing energy demand, increasing smart city projects, expansion of data centers, and cohesive government initiatives and investments in the region.

Major market players included in this report are:

ABB Ltd. (Switzerland)

Schneider Electric (France)

Siemens AG (Germany)

Eaton Corporation plc. (Ireland)

Legrand S.A. (France)

C&S Electric Company (India)

Eaton Corporation plc. (Ireland)

Mersen S.A. (France)

Schneider Electric SE (France)

CHINT Electric Co. Ltd. (China)

Recent Developments in the Market:
  • In March 2020, the electrification division of ABB Ltd. made an investment in Shanghai Charge Dot New Energy Technology Co., Ltd., securing a significant stake in the company. Through this investment company expand its market and product portfolio.
Global Busbar Market Report Scope:
  • Historical Data – 2020 - 2021
  • Base Year for Estimation – 2022
  • Forecast period - 2023-2030
  • Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
  • Segments Covered - Conductor, End-Users, Power Rating, Region
  • Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
  • Customization Scope - Free report customization (equivalent to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define the market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters to detailed information about the crucial aspects such as driving factors & challenges that will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with a detailed analysis of the competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Conductor:

Aluminum

Copper

By End-Users:

Utilities

Residential

Commercial

Industrial End-Users

By Power Rating:

Low Power (Below 125 A)

Medium Power (125 A–800 A)

High Power (Above 800 A)

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Middle East & Africa

Saudi Arabia

South Africa

Rest of Middle East & Africa
CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
  1.2.1. Busbar Market, by Region, 2020-2030 (USD Billion)
  1.2.2. Busbar Market, by Conductor, 2020-2030 (USD Billion)
  1.2.3. Busbar Market, by End-Users, 2020-2030 (USD Billion)
  1.2.4. Busbar Market, by Power Rating, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL BUSBAR MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Industry Evolution
  2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL BUSBAR MARKET DYNAMICS

3.1. Busbar Market Impact Analysis (2020-2030)
  3.1.1. Market Drivers
    3.1.1.1. Rising Electricity Demand
    3.1.1.2. Growing Renewable Energy Integration
    3.1.1.3. Increasing Infrastructure Development Projects
  3.1.2. Market Challenges
    3.1.2.1. Availability Of Cheap and Low-Quality Products
    3.1.2.2. Volatile Raw Material Pricing
  3.1.3. Market Opportunities
    3.1.3.1. Growing Development of Smart Cities
    3.1.3.2. Rising Industrialization and Urbanization

CHAPTER 4. GLOBAL BUSBAR MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
  4.3.1. Political
  4.3.2. Economical
  4.3.3. Social
  4.3.4. Technological
  4.3.5. Environmental
  4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

CHAPTER 5. GLOBAL BUSBAR MARKET, BY CONDUCTOR

5.1. Market Snapshot
5.2. Global Busbar Market by Conductor, Performance - Potential Analysis
5.3. Global Busbar Market Estimates & Forecasts by Conductor 2020-2030 (USD Billion)
5.4. Busbar Market, Sub Segment Analysis
  5.4.1. Aluminum
  5.4.2. Copper

CHAPTER 6. GLOBAL BUSBAR MARKET, BY END-USERS

6.1. Market Snapshot
6.2. Global Busbar Market by End-Users, Performance - Potential Analysis
6.3. Global Busbar Market Estimates & Forecasts by End-Users 2020-2030 (USD Billion)
6.4. Busbar Market, Sub Segment Analysis
  6.4.1. Utilities
  6.4.2. Residential
  6.4.3. Commercial
  6.4.4. Industrial End-Users

CHAPTER 7. GLOBAL BUSBAR MARKET, BY POWER RATING

7.1. Market Snapshot
7.2. Global Busbar Market by Power Rating, Performance - Potential Analysis
7.3. Global Busbar Market Estimates & Forecasts by Power Rating 2020-2030 (USD Billion)
7.4. Busbar Market, Sub Segment Analysis
  7.4.1. Low Power (Below 125 A)
  7.4.2. Medium Power (125 A–800 A)
  7.4.3. High Power (Above 800 A)

CHAPTER 8. GLOBAL BUSBAR MARKET, REGIONAL ANALYSIS

8.1. Top Leading Countries
8.2. Top Emerging Countries
8.3. Busbar Market, Regional Market Snapshot
8.4. North America Busbar Market
  8.4.1. U.S. Busbar Market
    8.4.1.1. Conductor breakdown estimates & forecasts, 2020-2030
    8.4.1.2. End-Users breakdown estimates & forecasts, 2020-2030
    8.4.1.3. Power Rating breakdown estimates & forecasts, 2020-2030
  8.4.2. Canada Busbar Market
8.5. Europe Busbar Market Snapshot
  8.5.1. U.K. Busbar Market
  8.5.2. Germany Busbar Market
  8.5.3. France Busbar Market
  8.5.4. Spain Busbar Market
  8.5.5. Italy Busbar Market
  8.5.6. Rest of Europe Busbar Market
8.6. Asia-Pacific Busbar Market Snapshot
  8.6.1. China Busbar Market
  8.6.2. India Busbar Market
  8.6.3. Japan Busbar Market
  8.6.4. Australia Busbar Market
  8.6.5. South Korea Busbar Market
  8.6.6. Rest of Asia Pacific Busbar Market
8.7. Latin America Busbar Market Snapshot
  8.7.1. Brazil Busbar Market
  8.7.2. Mexico Busbar Market
8.8. Middle East & Africa Busbar Market
  8.8.1. Saudi Arabia Busbar Market
  8.8.2. South Africa Busbar Market
  8.8.3. Rest of Middle East & Africa Busbar Market

CHAPTER 9. COMPETITIVE INTELLIGENCE

9.1. Key Company SWOT Analysis
  9.1.1. Company
  9.1.2. Company
  9.1.3. Company
9.2. Top Market Strategies
9.3. Company Profiles
  9.3.1. ABB Ltd. (Switzerland)
    9.3.1.1. Key Information
    9.3.1.2. Overview
    9.3.1.3. Financial (Subject to Data Availability)
    9.3.1.4. Product Summary
    9.3.1.5. Recent Developments
  9.3.2. Schneider Electric (France)
  9.3.3. Siemens AG (Germany)
  9.3.4. Eaton Corporation plc. (Ireland)
  9.3.5. Legrand S.A. (France)
  9.3.6. C&S Electric Company (India)
  9.3.7. Eaton Corporation plc. (Ireland)
  9.3.8. Mersen S.A. (France)
  9.3.9. Schneider Electric SE (France)
  9.3.10. CHINT Electric Co. Ltd. (China)

CHAPTER 10. RESEARCH PROCESS

10.1. Research Process
  10.1.1. Data Mining
  10.1.2. Analysis
  10.1.3. Market Estimation
  10.1.4. Validation
  10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Busbar Market, report scope
TABLE 2. Global Busbar Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global Busbar Market estimates & forecasts by Conductor 2020-2030 (USD Billion)
TABLE 4. Global Busbar Market estimates & forecasts by End-Users 2020-2030 (USD Billion)
TABLE 5. Global Busbar Market estimates & forecasts by Power Rating 2020-2030 (USD Billion)
TABLE 6. Global Busbar Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7. Global Busbar Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Busbar Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Busbar Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Busbar Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Busbar Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Busbar Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Busbar Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Busbar Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. Global Busbar Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. U.S. Busbar Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 17. U.S. Busbar Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 18. U.S. Busbar Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 19. Canada Busbar Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 20. Canada Busbar Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21. Canada Busbar Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 22. UK Busbar Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 23. UK Busbar Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24. UK Busbar Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 25. Germany Busbar Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 26. Germany Busbar Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27. Germany Busbar Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 28. France Busbar Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 29. France Busbar Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30. France Busbar Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 31. Italy Busbar Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 32. Italy Busbar Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33. Italy Busbar Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 34. Spain Busbar Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 35. Spain Busbar Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36. Spain Busbar Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 37. RoE Busbar Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 38. RoE Busbar Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39. RoE Busbar Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 40. China Busbar Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 41. China Busbar Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42. China Busbar Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 43. India Busbar Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 44. India Busbar Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45. India Busbar Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 46. Japan Busbar Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 47. Japan Busbar Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48. Japan Busbar Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 49. South Korea Busbar Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 50. South Korea Busbar Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51. South Korea Busbar Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 52. Australia Busbar Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 53. Australia Busbar Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54. Australia Busbar Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 55. RoAPAC Busbar Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 56. RoAPAC Busbar Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57. RoAPAC Busbar Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 58. Brazil Busbar Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 59. Brazil Busbar Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60. Brazil Busbar Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 61. Mexico Busbar Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 62. Mexico Busbar Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63. Mexico Busbar Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 64. RoLA Busbar Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 65. RoLA Busbar Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66. RoLA Busbar Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 67. Saudi Arabia Busbar Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 68. South Africa Busbar Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69. RoMEA Busbar Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 70. List of secondary sources, used in the study of Global Busbar Market
TABLE 71. List of primary sources, used in the study of Global Busbar Market
TABLE 72. Years considered for the study
TABLE 73. Exchange rates considered
List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Busbar Market, research methodology
FIG 2. Global Busbar Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Busbar Market, key trends 2022
FIG 5. Global Busbar Market, growth prospects 2023-2030
FIG 6. Global Busbar Market, porters 5 force model
FIG 7. Global Busbar Market, pest analysis
FIG 8. Global Busbar Market, value chain analysis
FIG 9. Global Busbar Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global Busbar Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global Busbar Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global Busbar Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global Busbar Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global Busbar Market, regional snapshot 2020 & 2030
FIG 15. North America Busbar Market 2020 & 2030 (USD Billion)
FIG 16. Europe Busbar Market 2020 & 2030 (USD Billion)
FIG 17. Asia Pacific Busbar Market 2020 & 2030 (USD Billion)
FIG 18. Latin America Busbar Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa Busbar Market 2020 & 2030 (USD Billion)
List of tables and figures and dummy in nature, final lists may vary in the final deliverable


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