Notice: Global Information Announces Listing on JASDAQ Standard Market of the Tokyo Stock Exchange

Cover Image
Market Research Report

Busbar Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Published by IMARC Services Private Limited Product code 1007146
Published Content info
Delivery time: 2-3 business days
Price
Back to Top
Busbar Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026
Published: May 20, 2021 Content info:
Description

The global busbar market exhibited moderate growth during 2015-2020. Busbars are strips of conductive materials which are used for collecting and distributing electric power. Since busbars ground and conduct electricity at the same time, they are often coated with materials which provide different conductivity limits and variations. They make the power distribution process easier, flexible and hassle-free. Additionally, they offer cost-efficient and fast installation services with no downtime. They also require few installation materials and employ reusable and re-locatable plug-in outlets. As a result, they are extensively utilized across various verticals including factories, data centers, retail facilities, hospitals, laboratories, universities, metros and railways.

The rising demand for electricity across residential, commercial and industrial sectors is the major factor driving the market growth. Changing lifestyles and increasing average global temperature have resulted in the adoption of heating, ventilation, and air conditioning (HVAC) systems across various industry sectors. This has created an increasing demand for uninterrupted and reliable power supply, thereby boosting the sales of high capacity busbars. Moreover, significant developments have also been witnessed in the power infrastructure sector. New power generation plants are continually being constructed, while the existing infrastructures are being renovated, thereby positively impacting the demand for busbars. In addition to this, governments of several countries are also taking initiatives to improve the existing power infrastructure to enhance electricity production and access. For instance, as per one of the World Bank reports, the Sub-Saharan African governments are engaging in collective investment endeavors for coordinated and long-term electrification plans, which is expected to improve the electricity access in the region. Also, Power Africa, a US government initiative, aims to aid governments of the African countries to improve the electricity status in the region. Furthermore, rising concerns about the risks posed by the increasing usage of non-renewable power sources have led to the growing adoption of energy-eficient products and systems which is further expected to drive the market in the coming years. Looking forward, IMARC Group expects the global busbar market to grow at a CAGR of around 5% during the forecast period (2021-2026).

Report Coverage:

  • Historical, Current and Future Market Trends

Market Breakup by Power Rating:

  • High
  • Medium
  • Low

Market Breakup by Conductor:

  • Copper
  • Aluminium

Market Breakup by End-User:

  • Industrial
  • Commercial
  • Residential
  • Utilities

Market Breakup by Industry:

  • Chemicals and Petroleum
  • Metals and Mining
  • Manufacturing
  • Others

Market Breakup by Region:

  • Asia Pacific
  • North America
  • Europe
  • Middle East and Africa
  • Latin America

Competitive Landscape:

  • The report has also analysed the competitive landscape of the market with some of the key players being Siemens, ABB, Schneider Electric, Eaton Corporation, Legrand, General Electric, Mersen, Rittal, Chint Electric, Power Products, C&S Electric, Promet, ElvalHalcor S.A., Littelfuse, Southwire Company, Oriental Copper, etc.
Table of Contents
Product Code: SR1020C232_Report

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Busbar Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Breakup by Power Rating
  • 5.5 Market Breakup by Conductor
  • 5.6 Market Breakup by End-User
  • 5.7 Market Breakup by Industry
  • 5.8 Market Breakup by Region
  • 5.9 Market Forecast

6 Market Breakup by Power Rating

  • 6.1 High
    • 6.1.1 Market Trends
    • 6.1.2 Market Forecast
  • 6.2 Medium
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast
  • 6.3 Low
    • 6.3.1 Market Trends
    • 6.3.2 Market Forecast

7 Market Breakup by Conductor

  • 7.1 Copper
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 Aluminium
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast

8 Market Breakup by End-User

  • 8.1 Industrial
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2 Commercial
    • 8.2.1 Market Trends
    • 8.2.2 Market Forecast
  • 8.3 Residential
    • 8.3.1 Market Trends
    • 8.3.2 Market Forecast
  • 8.4 Utilities
    • 8.4.1 Market Trends
    • 8.4.2 Market Forecast

9 Market Breakup by Industry

  • 9.1 Chemicals and Petroleum
    • 9.1.1 Market Trends
    • 9.1.2 Market Forecast
  • 9.2 Metals and Mining
    • 9.2.1 Market Trends
    • 9.2.2 Market Forecast
  • 9.3 Manufacturing
    • 9.3.1 Market Trends
    • 9.3.2 Market Forecast
  • 9.4 Others
    • 9.4.1 Market Trends
    • 9.4.2 Market Forecast

10 Market Breakup by Region

  • 10.1 Asia Pacific
    • 10.1.1 Market Trends
    • 10.1.2 Market Forecast
  • 10.2 North America
    • 10.2.1 Market Trends
    • 10.2.2 Market Forecast
  • 10.3 Europe
    • 10.3.1 Market Trends
    • 10.3.2 Market Forecast
  • 10.4 Middle East and Africa
    • 10.4.1 Market Trends
    • 10.4.2 Market Forecast
  • 10.5 Latin America
    • 10.5.1 Market Trends
    • 10.5.2 Market Forecast

11 SWOT Analysis

  • 11.1 Overview
  • 11.2 Strengths
  • 11.3 Weaknesses
  • 11.4 Opportunities
  • 11.5 Threats

12 Value Chain Analysis

13 Porter's Five Forces Analysis

  • 13.1 Overview
  • 13.2 Bargaining Power of Buyers
  • 13.3 Bargaining Power of Suppliers
  • 13.4 Degree of Competition
  • 13.5 Threat of New Entrants
  • 13.6 Threat of Substitutes

14 Price Analysis

15 Competitive Landscape

  • 15.1 Market Structure
  • 15.2 Key Players
  • 15.3 Profiles of Key Players
    • 15.3.1 Siemens
    • 15.3.2 ABB
    • 15.3.3 Schneider Electric
    • 15.3.4 Eaton Corporation
    • 15.3.5 Legrand
    • 15.3.6 General Electric
    • 15.3.7 Mersen
    • 15.3.8 Rittal
    • 15.3.9 Chint Electric
    • 15.3.10 Power Products
    • 15.3.11 C&S Electric
    • 15.3.12 Promet
    • 15.3.13 ElvalHalcor S.A.
    • 15.3.14 Littelfuse
    • 15.3.15 Southwire Company
    • 15.3.16 Oriental Copper

List of Figures

  • Figure 1: Global: Busbar Market: Major Drivers and Challenges
  • Figure 2: Global: Busbar Market: Sales Value (in Billion US$), 2015-2020
  • Figure 3: Global: Busbar Market: Breakup by Power Rating (in %), 2020
  • Figure 4: Global: Busbar Market: Breakup by Conductor (in %), 2020
  • Figure 5: Global: Busbar Market: Breakup by End-User (in %), 2020
  • Figure 6: Global: Busbar Market: Breakup by Industry (in %), 2020
  • Figure 7: Global: Busbar Market: Breakup by Region (in %), 2020
  • Figure 8: Global: Busbar Market Forecast: Sales Value (in Billion US$), 2021-2026
  • Figure 9: Global: Busbar (High) Market: Sales Value (in Million US$), 2015 & 2020
  • Figure 10: Global: Busbar (High) Market Forecast: Sales Value (in Million US$), 2021-2026
  • Figure 11: Global: Busbar (Medium) Market: Sales Value (in Million US$), 2015 & 2020
  • Figure 12: Global: Busbar (Medium) Market Forecast: Sales Value (in Million US$), 2021-2026
  • Figure 13: Global: Busbar (Low) Market: Sales Value (in Million US$), 2015 & 2020
  • Figure 14: Global: Busbar (Low) Market Forecast: Sales Value (in Million US$), 2021-2026
  • Figure 15: Global: Busbar (Copper) Market: Sales Value (in Million US$), 2015 & 2020
  • Figure 16: Global: Busbar (Copper) Market Forecast: Sales Value (in Million US$), 2021-2026
  • Figure 17: Global: Busbar (Aluminium) Market: Sales Value (in Million US$), 2015 & 2020
  • Figure 18: Global: Busbar (Aluminium) Market Forecast: Sales Value (in Million US$), 2021-2026
  • Figure 19: Global: Busbar (Industrial) Market: Sales Value (in Million US$), 2015 & 2020
  • Figure 20: Global: Busbar (Industrial) Market Forecast: Sales Value (in Million US$), 2021-2026
  • Figure 21: Global: Busbar (Commercial) Market: Sales Value (in Million US$), 2015 & 2020
  • Figure 22: Global: Busbar (Commercial) Market Forecast: Sales Value (in Million US$), 2021-2026
  • Figure 23: Global: Busbar (Residential) Market: Sales Value (in Million US$), 2015 & 2020
  • Figure 24: Global: Busbar (Residential) Market Forecast: Sales Value (in Million US$), 2021-2026
  • Figure 25: Global: Busbar (Utilities) Market: Sales Value (in Million US$), 2015 & 2020
  • Figure 26: Global: Busbar (Utilities) Market Forecast: Sales Value (in Million US$), 2021-2026
  • Figure 27: Global: Busbar (Chemicals and Petroleum) Market: Sales Value (in Million US$), 2015 & 2020
  • Figure 28: Global: Busbar (Chemicals and Petroleum) Market Forecast: Sales Value (in Million US$), 2021-2026
  • Figure 29: Global: Busbar (Metals and Mining) Market: Sales Value (in Million US$), 2015 & 2020
  • Figure 30: Global: Busbar (Metals and Mining) Market Forecast: Sales Value (in Million US$), 2021-2026
  • Figure 31: Global: Busbar (Manufacturing) Market: Sales Value (in Million US$), 2015 & 2020
  • Figure 32: Global: Busbar (Manufacturing) Market Forecast: Sales Value (in Million US$), 2021-2026
  • Figure 33: Global: Busbar (Other Industries) Market: Sales Value (in Million US$), 2015 & 2020
  • Figure 34: Global: Busbar (Other Industries) Market Forecast: Sales Value (in Million US$), 2021-2026
  • Figure 35: Asia Pacific: Busbar Market: Sales Value (in Million US$), 2015 & 2020
  • Figure 36: Asia Pacific: Busbar Market Forecast: Sales Value (in Million US$), 2021-2026
  • Figure 37: North America: Busbar Market: Sales Value (in Million US$), 2015 & 2020
  • Figure 38: North America: Busbar Market Forecast: Sales Value (in Million US$), 2021-2026
  • Figure 39: Europe: Busbar Market: Sales Value (in Million US$), 2015 & 2020
  • Figure 40: Europe: Busbar Market Forecast: Sales Value (in Million US$), 2021-2026
  • Figure 41: Middle East and Africa: Busbar Market: Sales Value (in Million US$), 2015 & 2020
  • Figure 42: Middle East and Africa: Busbar Market Forecast: Sales Value (in Million US$), 2021-2026
  • Figure 43: Latin America: Busbar Market: Sales Value (in Million US$), 2015 & 2020
  • Figure 44: Latin America: Busbar Market Forecast: Sales Value (in Million US$), 2021-2026
  • Figure 45: Global: Busbar Industry: SWOT Analysis
  • Figure 46: Global: Busbar Industry: Value Chain Analysis
  • Figure 47: Global: Busbar Industry: Porter's Five Forces Analysis

List of Tables

  • Table 1: Global: Busbar Market: Key Industry Highlights, 2020 and 2026
  • Table 2: Global: Busbar Market Forecast: Breakup by Power Rating (in Million US$), 2021-2026
  • Table 3: Global: Busbar Market Forecast: Breakup by Conductor (in Million US$), 2021-2026
  • Table 4: Global: Busbar Market Forecast: Breakup by End-User (in Million US$), 2021-2026
  • Table 5: Global: Busbar Market Forecast: Breakup by Industry (in Million US$), 2021-2026
  • Table 6: Global: Busbar Market Forecast: Breakup by Region (in Million US$), 2021-2026
  • Table 7: Global: Busbar Market: Competitive Structure
  • Table 8: Global: Busbar Market: Key Players
Back to Top