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Busbar Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024

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 renewable sources of energy such as solar and wind energy which is further expected to increase the demand for busbars. On account of the aforementioned factors, IMARC Group expects the market to reach a value of US$ 19.1 Billion by 2024, growing at a CAGR of around 5% during 2019-2024.

Global Busbar Market Report

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, Halcor, Littelfuse, Southwire Company, Oriental Copper, etc.

Key Questions Answered in This Report:

  • How has the global busbar market performed so far and how will it perform in the coming years?
  • What are the key regional markets in the global busbar industry?
  • What is the breakup of the market based on the power rating?
  • What is the breakup of the market based on the conductor?
  • What is the breakup of the market based on the end-user?
  • What is the breakup of the market based on the industry?
  • What are the various stages in the value chain of the global busbar industry?
  • What are the key driving factors and challenges in the global busbar industry?
  • What is the structure of the global busbar industry and who are the key players?
  • What is the degree of competition in the global busbar industry?

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    Market Breakup by Power Rating
    5.4    Market Breakup by Conductor
    5.5    Market Breakup by End-User
    5.6    Market Breakup by Industry
    5.7    Market Breakup by Region
    5.8    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     Halcor
        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$), 2013-2018
Figure 3: Global: Busbar Market: Breakup by Power Rating (in %), 2018
Figure 4: Global: Busbar Market: Breakup by Conductor (in %), 2018
Figure 5: Global: Busbar Market: Breakup by End-User (in %), 2018
Figure 6: Global: Busbar Market: Breakup by Industry (in %), 2018
Figure 7: Global: Busbar Market: Breakup by Region (in %), 2018
Figure 8: Global: Busbar Market Forecast: Sales Value (in Billion US$), 2019-2024
Figure 9: Global: Busbar Industry: SWOT Analysis
Figure 10: Global: Busbar Industry: Value Chain Analysis
Figure 11: Global: Busbar Industry: Porter’s Five Forces Analysis
Figure 12: Global: Busbar (High) Market: Sales Value (in Million US$), 2013 & 2018
Figure 13: Global: Busbar (High) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 14: Global: Busbar (Medium) Market: Sales Value (in Million US$), 2013 & 2018
Figure 15: Global: Busbar (Medium) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 16: Global: Busbar (Low) Market: Sales Value (in Million US$), 2013 & 2018
Figure 17: Global: Busbar (Low) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 18: Global: Busbar (Copper) Market: Sales Value (in Million US$), 2013 & 2018
Figure 19: Global: Busbar (Copper) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 20: Global: Busbar (Aluminium) Market: Sales Value (in Million US$), 2013 & 2018
Figure 21: Global: Busbar (Aluminium) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 22: Global: Busbar (Industrial) Market: Sales Value (in Million US$), 2013 & 2018
Figure 23: Global: Busbar (Industrial) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 24: Global: Busbar (Commercial) Market: Sales Value (in Million US$), 2013 & 2018
Figure 25: Global: Busbar (Commercial) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 26: Global: Busbar (Residential) Market: Sales Value (in Million US$), 2013 & 2018
Figure 27: Global: Busbar (Residential) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 28: Global: Busbar (Utilities) Market: Sales Value (in Million US$), 2013 & 2018
Figure 29: Global: Busbar (Utilities) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 30: Global: Busbar (Chemicals and Petroleum) Market: Sales Value (in Million US$), 2013 & 2018
Figure 31: Global: Busbar (Chemicals and Petroleum) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 32: Global: Busbar (Metals and Mining) Market: Sales Value (in Million US$), 2013 & 2018
Figure 33: Global: Busbar (Metals and Mining) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 34: Global: Busbar (Manufacturing) Market: Sales Value (in Million US$), 2013 & 2018
Figure 35: Global: Busbar (Manufacturing) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 36: Global: Busbar (Other Industries) Market: Sales Value (in Million US$), 2013 & 2018
Figure 37: Global: Busbar (Other Industries) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 38: Asia Pacific: Busbar Market: Sales Value (in Million US$), 2013 & 2018
Figure 39: Asia Pacific: Busbar Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 40: North America: Busbar Market: Sales Value (in Million US$), 2013 & 2018
Figure 41: North America: Busbar Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 42: Europe: Busbar Market: Sales Value (in Million US$), 2013 & 2018
Figure 43: Europe: Busbar Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 44: Middle East and Africa: Busbar Market: Sales Value (in Million US$), 2013 & 2018
Figure 45: Middle East and Africa: Busbar Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 46: Latin America: Busbar Market: Sales Value (in Million US$), 2013 & 2018
Figure 47: Latin America: Busbar Market Forecast: Sales Value (in Million US$), 2019-2024
 

List of Tables

Table 1: Global: Busbar Market: Key Industry Highlights, 2018 and 2024
Table 2: Global: Busbar Market Forecast: Breakup by Power Rating (in Million US$), 2019-2024
Table 3: Global: Busbar Market Forecast: Breakup by Conductor (in Million US$), 2019-2024
Table 4: Global: Busbar Market Forecast: Breakup by End-User (in Million US$), 2019-2024
Table 5: Global: Busbar Market Forecast: Breakup by Industry (in Million US$), 2019-2024
Table 6: Global: Busbar Market Forecast: Breakup by Region (in Million US$), 2019-2024
Table 7: Global: Busbar Market Structure
Table 8: Global: Busbar Market: Key Players

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