Need help finding what you are looking for?
Contact Us
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1326599
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1326599
Global Busbar Protection Market Size study & Forecast, by Conductors, by Type, by Application, by Impedance and by Voltage and Regional Analysis, 2023-2030
PUBLISHED:
PAGES:
DELIVERY TIME: 2-3 business days
SELECT AN OPTION
Global Busbar Protection Market is valued approximately USD xxx billion in 2022 and is anticipated to grow with a healthy growth rate of more than xxx over the forecast period 2023-2030. Busbar Protection is a form of protective measure implemented on a busbar in order to safeguard it against potential short circuits that could potentially lead to damage of the entire electrical circuit. Its primary purpose is to collect electric current at a specific junction and effectively distribute it further using a bar-like structure. The busbar market is poised for future growth due to the rising demand for high-voltage electricity and the increasing adoption of renewable energy sources. Moreover, investments in new power plants and grids are driving the demand for busbars in electricity distribution.
Railways impact the busbar protection market by generating demand for protection systems in electrification projects, infrastructure development, adherence to safety requirements, and technological advancements. According to the IBEF in 2023, from April 2000 to September 2022, FDI inflows in railway-related components totaled USD 1.23 billion. In the coming years, there are ambitious investment plans for rail infrastructure, with an estimated amount of USD 715.41 billion expected by 2030. According to the Statista in 2023, the global railway management system market is expected to experience a compound annual growth rate of 7.8 percent between 2019 and 2030. By 2030, the market is projected to reach approximately USD 85.44 billion. In 2019, the market size was estimated to be around USD 37.4 billion. Additionally, modernization of existing power infrastructure and technological advancements offers a range of opportunities to the market. However, the high cost of Busbar Protection stifles market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Busbar Protection Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific dominated the market in 2022 owing to increased government support, investments in renewable energy have also surged due to the growing demand for transmission and distribution infrastructure. The increasing population, higher household incomes, and the proliferation of IoT activities are further propelling the expansion of regional industries. North America is expected to grow significantly during the forecast period, owing to rapid increase in demand for electricity, driven by factors such as population growth, industrial development, and technological advancements. This surge in electricity demand necessitates the implementation of efficient and reliable busbar protection systems to ensure the safe distribution of power.
Major market player included in this report are:
- General Electric Company
- Eaton, Schneider Electric Sa
- Siemens AG
- Toshiba Corporation
- Schweitzer Engineering Laboratories, Inc.
- Erl Phase Power Technologies Ltd.
- Basler Electric Company
- Mitsubishi Electric Corporation
- Andritz Ag
- Nr Electric Co., Ltd
Recent Developments in the Market:
- In March 2020, Le Lab by Legrand concept store, launched by Elektra Ltd, is a dedicated showroom in Qormi that exclusively showcases switches and electrical sockets. Situated in a central location, this unique electricity showroom offers customers an immersive experience to explore a wide range of products.
Global Busbar Protection 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: Conductors, Type, Application, Impedance, Voltage, Region
- Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
- Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to 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 detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Conductors:
- Aluminum
- Brass
- Copper
By Type:
- Centralized
- Decentralized
By Application:
- Utilities
- Oil Gas
- Metal Mining
- Railways and Metros
By Impedance:
- Low Impedance
- High Impedance
By Voltage:
- Automotive Medium Voltage
- High Voltage
- Extra High Voltage
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
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Busbar Protection Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Busbar Protection Market, by Conductors, 2020-2030 (USD Billion)
- 1.2.3. Busbar Protection Market, by Type, 2020-2030 (USD Billion)
- 1.2.4. Busbar Protection Market, by Application, 2020-2030 (USD Billion)
- 1.2.5. Busbar Protection Market, by Impedance, 2020-2030 (USD Billion)
- 1.2.6. Busbar Protection Market, by Voltage, 2020-2030 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Busbar Protection 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 Protection Market Dynamics
- 3.1. Busbar Protection Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
- 3.1.1.1. Increasing Railways and Metros Sectors
- 3.1.1.2. Rising demand for high-voltage electricity
- 3.1.1.3. Increasing adoption of renewable energy sources.
- 3.1.2. Market Challenges
- 3.1.2.1. Cost Constraints for MV Substations
- 3.1.3. Market Opportunities
- 3.1.3.1. Advancements in formulation of utilities sector
- 3.1.3.2. Modernization of existing power infrastructure
- 3.1.1. Market Drivers
Chapter 4. Global Busbar Protection 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 Protection Market, by Conductors
- 5.1. Market Snapshot
- 5.2. Global Busbar Protection Market by Conductors, Performance - Potential Analysis
- 5.3. Global Busbar Protection Market Estimates & Forecasts by Conductors 2020-2030 (USD Billion)
- 5.4. Busbar Protection Market, Sub Segment Analysis
- 5.4.1. Aluminum
- 5.4.2. Brass
- 5.4.3. Copper
Chapter 6. Global Busbar Protection Market, by Type
- 6.1. Market Snapshot
- 6.2. Global Busbar Protection Market by Type, Performance - Potential Analysis
- 6.3. Global Busbar Protection Market Estimates & Forecasts by Type 2020-2030 (USD Billion)
- 6.4. Busbar Protection Market, Sub Segment Analysis
- 6.4.1. Centralized
- 6.4.2. Decentralized
Chapter 7. Global Busbar Protection Market, by Application
- 7.1. Market Snapshot
- 7.2. Global Busbar Protection Market by Application, Performance - Potential Analysis
- 7.3. Global Busbar Protection Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
- 7.4. Busbar Protection Market, Sub Segment Analysis
- 7.4.1. Utilities
- 7.4.2. Oil Gas
- 7.4.3. Metal Mining
- 7.4.4. Railways and Metros
Chapter 8. Global Busbar Protection Market, by Impedance
- 8.1. Market Snapshot
- 8.2. Global Busbar Protection Market by Impedance, Performance - Potential Analysis
- 8.3. Global Busbar Protection Market Estimates & Forecasts by Impedance 2020-2030 (USD Billion)
- 8.4. Busbar Protection Market, Sub Segment Analysis
- 8.4.1. Low Impedance
- 8.4.2. High Impedance
Chapter 9. Global Busbar Protection Market, by Voltage
- 9.1. Market Snapshot
- 9.2. Global Busbar Protection Market by Voltage , Performance - Potential Analysis
- 9.3. Global Busbar Protection Market Estimates & Forecasts by Voltage 2020-2030 (USD Billion)
- 9.4. Busbar Protection Market, Sub Segment Analysis
- 9.4.1. Automotive Medium Voltage
- 9.4.2. High Voltage
- 9.4.3. Extra High Voltage
Chapter 10. Global Busbar Protection Market, Regional Analysis
- 10.1. Top Leading Countries
- 10.2. Top Emerging Countries
- 10.3. Busbar Protection Market, Regional Market Snapshot
- 10.4. North America Busbar Protection Market
- 10.4.1. U.S. Busbar Protection Market
- 10.4.1.1. Conductors breakdown estimates & forecasts, 2020-2030
- 10.4.1.2. Type breakdown estimates & forecasts, 2020-2030
- 10.4.1.3. Application breakdown estimates & forecasts, 2020-2030
- 10.4.1.4. Impedance breakdown estimates & forecasts, 2020-2030
- 10.4.1.5. Voltage breakdown estimates & forecasts, 2020-2030
- 10.4.2. Canada Busbar Protection Market
- 10.4.1. U.S. Busbar Protection Market
- 10.5. Europe Busbar Protection Market Snapshot
- 10.5.1. U.K. Busbar Protection Market
- 10.5.2. Germany Busbar Protection Market
- 10.5.3. France Busbar Protection Market
- 10.5.4. Spain Busbar Protection Market
- 10.5.5. Italy Busbar Protection Market
- 10.5.6. Rest of Europe Busbar Protection Market
- 10.6. Asia-Pacific Busbar Protection Market Snapshot
- 10.6.1. China Busbar Protection Market
- 10.6.2. India Busbar Protection Market
- 10.6.3. Japan Busbar Protection Market
- 10.6.4. Australia Busbar Protection Market
- 10.6.5. South Korea Busbar Protection Market
- 10.6.6. Rest of Asia Pacific Busbar Protection Market
- 10.7. Latin America Busbar Protection Market Snapshot
- 10.7.1. Brazil Busbar Protection Market
- 10.7.2. Mexico Busbar Protection Market
- 10.8. Middle East & Africa Busbar Protection Market
- 10.8.1. Saudi Arabia Busbar Protection Market
- 10.8.2. South Africa Busbar Protection Market
- 10.8.3. Rest of Middle East & Africa Busbar Protection Market
Chapter 11. Competitive Intelligence
- 11.1. Key Company SWOT Analysis
- 11.1.1. Company 1
- 11.1.2. Company 2
- 11.1.3. Company 3
- 11.2. Top Market Strategies
- 11.3. Company Profiles
- 11.3.1. General Electric Company
- 11.3.1.1. Key Information
- 11.3.1.2. Overview
- 11.3.1.3. Financial (Subject to Data Availability)
- 11.3.1.4. Product Summary
- 11.3.1.5. Recent Developments
- 11.3.2. Eaton, Schneider Electric Sa
- 11.3.3. Siemens AG
- 11.3.4. Toshiba Corporation
- 11.3.5. Schweitzer Engineering Laboratories, Inc.
- 11.3.6. Erl Phase Power Technologies Ltd.
- 11.3.7. Basler Electric Company
- 11.3.8. Mitsubishi Electric Corporation
- 11.3.9. Andritz Ag
- 11.3.10. Nr Electric Co., Ltd
- 11.3.1. General Electric Company
Chapter 12. Research Process
- 12.1. Research Process
- 12.1.1. Data Mining
- 12.1.2. Analysis
- 12.1.3. Market Estimation
- 12.1.4. Validation
- 12.1.5. Publishing
- 12.2. Research Attributes
- 12.3. Research Assumption
LIST OF TABLES
- TABLE 1. Global Busbar Protection Market, report scope
- TABLE 2. Global Busbar Protection Market estimates & forecasts by Region 2020-2030 (USD Billion)
- TABLE 3. Global Busbar Protection Market estimates & forecasts by Conductors 2020-2030 (USD Billion)
- TABLE 4. Global Busbar Protection Market estimates & forecasts by Type 2020-2030 (USD Billion)
- TABLE 5. Global Busbar Protection Market estimates & forecasts by Application 2020-2030 (USD Billion)
- TABLE 6. Global Busbar Protection Market estimates & forecasts by Impedance 2020-2030 (USD Billion)
- TABLE 7. Global Busbar Protection Market estimates & forecasts by Voltage 2020-2030 (USD Billion)
- TABLE 8. Global Busbar Protection Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 9. Global Busbar Protection Market by region, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 10. Global Busbar Protection Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 11. Global Busbar Protection Market by region, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 12. Global Busbar Protection Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 13. Global Busbar Protection Market by region, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 14. Global Busbar Protection Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 15. Global Busbar Protection Market by region, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 16. Global Busbar Protection Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 17. Global Busbar Protection Market by region, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 18. U.S. Busbar Protection Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 19. U.S. Busbar Protection Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 20. U.S. Busbar Protection Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 21. Canada Busbar Protection Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 22. Canada Busbar Protection Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 23. Canada Busbar Protection Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 24. UK Busbar Protection Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 25. UK Busbar Protection Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 26. UK Busbar Protection Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 27. Germany Busbar Protection Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 28. Germany Busbar Protection Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 29. Germany Busbar Protection Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 30. France Busbar Protection Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 31. France Busbar Protection Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 32. France Busbar Protection Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 33. Italy Busbar Protection Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 34. Italy Busbar Protection Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 35. Italy Busbar Protection Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 36. Spain Busbar Protection Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 37. Spain Busbar Protection Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 38. Spain Busbar Protection Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 39. RoE Busbar Protection Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 40. RoE Busbar Protection Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 41. RoE Busbar Protection Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 42. China Busbar Protection Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 43. China Busbar Protection Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 44. China Busbar Protection Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 45. India Busbar Protection Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 46. India Busbar Protection Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 47. India Busbar Protection Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 48. Japan Busbar Protection Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 49. Japan Busbar Protection Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 50. Japan Busbar Protection Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 51. South Korea Busbar Protection Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 52. South Korea Busbar Protection Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 53. South Korea Busbar Protection Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 54. Australia Busbar Protection Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 55. Australia Busbar Protection Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 56. Australia Busbar Protection Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 57. RoAPAC Busbar Protection Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 58. RoAPAC Busbar Protection Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 59. RoAPAC Busbar Protection Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 60. Brazil Busbar Protection Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 61. Brazil Busbar Protection Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 62. Brazil Busbar Protection Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 63. Mexico Busbar Protection Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 64. Mexico Busbar Protection Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 65. Mexico Busbar Protection Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 66. RoLA Busbar Protection Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 67. RoLA Busbar Protection Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 68. RoLA Busbar Protection Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 69. Saudi Arabia Busbar Protection Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 70. South Africa Busbar Protection Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 71. RoMEA Busbar Protection Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 72. List of secondary sources, used in the study of global Busbar Protection Market
- TABLE 73. List of primary sources, used in the study of global Busbar Protection Market
- TABLE 74. Years considered for the study
- TABLE 75. Exchange rates considered
List of tables and figures are dummy in nature, final lists may vary in the final deliverable
LIST OF FIGURES
- FIG 1. Global Busbar Protection Market, research methodology
- FIG 2. Global Busbar Protection Market, Market estimation techniques
- FIG 3. Global Market size estimates & forecast methods
- FIG 4. Global Busbar Protection Market, key trends 2022
- FIG 5. Global Busbar Protection Market, growth prospects 2023-2030
- FIG 6. Global Busbar Protection Market, porters 5 force model
- FIG 7. Global Busbar Protection Market, pest analysis
- FIG 8. Global Busbar Protection Market, value chain analysis
- FIG 9. Global Busbar Protection Market by segment, 2020 & 2030 (USD Billion)
- FIG 10. Global Busbar Protection Market by segment, 2020 & 2030 (USD Billion)
- FIG 11. Global Busbar Protection Market by segment, 2020 & 2030 (USD Billion)
- FIG 12. Global Busbar Protection Market by segment, 2020 & 2030 (USD Billion)
- FIG 13. Global Busbar Protection Market by segment, 2020 & 2030 (USD Billion)
- FIG 14. Global Busbar Protection Market, regional snapshot 2020 & 2030
- FIG 15. North America Busbar Protection Market 2020 & 2030 (USD Billion)
- FIG 16. Europe Busbar Protection Market 2020 & 2030 (USD Billion)
- FIG 17. Asia pacific Busbar Protection Market 2020 & 2030 (USD Billion)
- FIG 18. Latin America Busbar Protection Market 2020 & 2030 (USD Billion)
- FIG 19. Middle East & Africa Busbar Protection Market 2020 & 2030 (USD Billion)
List of tables and figures are dummy in nature, final lists may vary in the final deliverable
Have a question?
SELECT AN OPTION
Have a question?
Questions? Please give us a call or visit the contact form.