Global Busbar Trunking System Market
Busbar trunking is defined as a system consisting of prefabricated electrical distribution system covered in a highly protective enclosure, which includes various components like fittings, devices, straight lengths, elbows and accessories. They find their applications in many industrial & commercial firms to offer ideal, secure, safe, and efficient distribution network system. Various industries & multi facilities infrastructure focus towards efficient use of electricity owing to stringent government rules & regulations. Also, rapid technical advancement & operational efficiency are the major attracting factors for the end-users, which influence the busbar trunking system market.
Market Drivers
The increase in Stable & reliable supply of electricity across the globe is expected to boost the global busbar trunking system market growth over the forecast period. The increase in focus towards energy conservation & energy efficiency along with accelerating investments to modernize the aging electricity infrastructure which is expected to propel the global busbar trunking system market growth. Also, the rise in adoption of smart grid will positively influence the market growth.
Furthermore, the significant investment by regulatory authorities to meet the increasing demand for energy across emergency and advanced economies which is expected to stimulate the industry outlook will significantly drive the global busbar trunking system market growth during this forecast period. Busbar trunking system performs the function of transforming current from one point to another point. The expansion of electrification of developing regions will elevate the demand for modern electrical equipments like busbars, and internet transformers will support the global busbar trunking system market growth.
Market Restraints
The increase in cost of capital expenditure is expected to hamper the global busbar trunking system market growth during this forecast timeframe. Also, instability of raw material prices may limit the growth of global busbar trunking system market.
Market Segmentation
The Global Busbar Trunking System Market is segmented into conductor material such as Aluminum, Copper, and Alloys, by insulation type such as Air Insulation, and Sandwich Insulation, by power rating such as Lighting, Low, Medium, and High. Further, market is segmented into end user such as Commercial, Residential, Industrial, Transportation, and Others.
Also, the Global Busbar Trunking System Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market Key Players
Some key players are discussed in this report including ABB LTD, EATON CORPORATION, SCHNEIDER ELECTRIC SE, SIEMENS, LARSEN & TOUBRO, C&S ELECTRIC, LEGRAND SA, KGS ENGINEERING LTD, GE, NAXSO S.R.L, etc.
Market Taxonomy
By Conductor Material
By Insulation Type
By Power Rating
By End User
By Region
Key Questions Addressed by the Report
Global Busbar Trunking System Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Busbar Trunking System Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Busbar Trunking System Market, By Conductor Material
5.1 Y-o-Y Growth Comparison, By Conductor Material
5.2 Global Busbar Trunking System Market Share Analysis, By Conductor Material
5.3 Global Busbar Trunking System Market Size and Forecast, By Conductor Material
5.3.1 Aluminum
5.3.2 Copper
5.3.3 Alloys
6 Global Busbar Trunking System Market, By Insulation type
6.1 Y-o-Y Growth Comparison, By Insulation type
6.2 Global Busbar Trunking System Market Share Analysis, By Insulation type
6.3 Global Busbar Trunking System Market Size and Forecast, By Insulation type
6.3.1 Air Insulation
6.3.2 Sandwich Insulation
7 Global Busbar Trunking System Market, By Power Rating
7.1 Y-o-Y Growth Comparison, By Power Rating
7.2 Global Busbar Trunking System Market Share Analysis, By Power Rating
7.3 Global Busbar Trunking System Market Size and Forecast, By Power Rating
7.3.1 Lighting
7.3.2 Low
7.3.3 Medium
7.3.4 High
8 Global Busbar Trunking System Market, By End User
8.1 Y-o-Y Growth Comparison, By End User
8.2 Global Busbar Trunking System Market Share Analysis, By End User
8.3 Global Busbar Trunking System Market Size and Forecast, By End User
8.3.1 Commercial
8.3.2 Residential
8.3.3 Industrial
8.3.4 Transportation
8.3.5 Others
9Global Busbar Trunking System Market, By Region
9.1 Global Busbar Trunking System Market Share Analysis, By Region
9.2 Global Busbar Trunking System Market Share Analysis, By Region
9.3 Global Busbar Trunking System Market Size and Forecast, By Region
10 North America Busbar Trunking System Analysis and Forecast (2020 – 2030)
10.1 Introduction
10.2 North America Busbar Trunking System Product Market Share Analysis, By Conductor Material
10.3 North America Busbar Trunking System Product Market Size and Forecast, By Insulation type
10.4 North America Busbar Trunking System Product Market Size and Forecast, By Power Rating
10.5 North America Busbar Trunking System Product Market Size and Forecast, By End User
10.6 North America Busbar Trunking System Product Market Size and Forecast, By Country
10.6.1 U.S.
10.6.2 Canada
10.6.3 Mexico
11Europe Busbar Trunking System Market Analysis and Forecast (2020 – 2030)
11.1 Introduction
11.2 Europe Busbar Trunking System Product Market Share Analysis, By Conductor Material
11.3 Europe Busbar Trunking System Product Market Size and Forecast, By Insulation type
11.4 Europe Busbar Trunking System Product Market Size and Forecast, By Power Rating
11.5 Europe Busbar Trunking System Product Market Size and Forecast, By End User
11.6 Europe Busbar Trunking System Product Market Size and Forecast, By Country
11.6.1 Germany
11.6.2 France
11.6.3 UK
11.64. Rest of Europe
12Asia Pacific Busbar Trunking System Market Analysis and Forecast (2020 – 2030)
12.1 Introduction
12.2 Asia Pacific Busbar Trunking System Product Market Share Analysis, By Conductor Material
12.3 Asia Pacific Busbar Trunking System Product Market Size and Forecast, By Insulation type
12.4 Asia Pacific Busbar Trunking System Product Market Size and Forecast, By Power Rating
12.5 Asia Pacific Busbar Trunking System Product Market Size and Forecast, By End User
12.6 Asia Pacific Busbar Trunking System Product Market Size and Forecast, By Country
12.6.1 China
12.6.2 Japan
12.6.3 India
12.6.4. Rest of Asia Pacific
13Latin America Busbar Trunking System Market Analysis and Forecast (2020 – 2030)
13.1 Introduction
13.2 Latin America Busbar Trunking System Product Market Share Analysis, By Conductor Material
13.3 Latin America Busbar Trunking System Product Market Size and Forecast, By Insulation type
13.4 Latin America Busbar Trunking System Product Market Size and Forecast, By Power Rating
13.5 Latin America Busbar Trunking System Product Market Size and Forecast, By End User
13.6 Latin America Busbar Trunking System Product Market Size and Forecast, By Country
14Middle East Busbar Trunking System Market Analysis and Forecast (2020 – 2030)
14.1 Introduction
14.2 Middle East Busbar Trunking System Product Market Share Analysis, By Conductor Material
14.3 Middle East Busbar Trunking System Product Market Size and Forecast, By Insulation type
14.4 Middle East Busbar Trunking System Product Market Size and Forecast, By Power Rating
14.5 Middle East Busbar Trunking System Product Market Size and Forecast, By End User
14.6 Middle East Busbar Trunking System Product Market Size and Forecast, By Country
15Competitive Analysis
15.1 Competition Dashboard
15.2 Market share Analysis of Top Vendors
15.3 Key Development Strategies
16Company Profiles
16.1 ABB LTD
16.1.1 Overview
16.1.2 Offerings
16.1.3 Key Financials
16.1.4 Business Segment & Geographic Overview
16.1.5 Key Market Developments
16.1.6 Key Strategies
16.2 EATON CORPORATION
16.2.1 Overview
16.2.2 Offerings
16.2.3 Key Financials
16.2.4 Business Segment & Geographic Overview
16.2.5 Key Market Developments
16.2.6 Key Strategies
16.3 SCHNEIDER ELECTRIC SE
16.3.1 Overview
16.3.2 Offerings
16.3.3 Key Financials
16.3.4 Business Segment & Geographic Overview
16.3.5 Key Market Developments
16.3.6 Key Strategies
16.4 SIEMENS
16.4.1 Overview
16.4.2 Offerings
16.4.3 Key Financials
16.4.4 Business Segment & Geographic Overview
16.4.5 Key Market Developments
16.4.6 Key Strategies
16.5 LARSEN & TOUBRO
16.5.1 Overview
16.5.2 Offerings
16.5.3 Key Financials
16.5.4 Business Segment & Geographic Overview
16.5.5 Key Market Developments
16.5.6 Key Strategies
16.6 C&S ELECTRIC
16.6.1 Overview
16.6.2 Offerings
16.6.3 Key Financials
16.6.4 Business Segment & Geographic Overview
16.6.5 Key Market Developments
16.6.6 Key Strategies
16.7 LEGRAND SA
16.7.1 Overview
16.7.2 Offerings
16.7.3 Key Financials
16.7.4 Business Segment & Geographic Overview
16.7.5 Key Market Developments
16.7.6 Key Strategies
16.8 KGS ENGINEERING LTD
16.8.1 Overview
16.8.2 Offerings
16.8.3 Key Financials
16.8.4 Business Segment & Geographic Overview
16.8.5 Key Market Developments
16.8.6 Key Strategies
16.9 GE
16.9.1 Overview
16.9.2 Offerings
16.9.3 Key Financials
16.9.4 Business Segment & Geographic Overview
16.9.5 Key Market Developments
16.9.6 Key Strategies
16.10 NAXSO S.R.L
16.10.1 Overview
16.10.2 Offerings
16.10.3 Key Financials
16.10.4 Business Segment & Geographic Overview
16.10.5 Key Market Developments
16.10.6 Key Strategies