Market Overview:
The United States busbar market size reached US$
3,501.6 Million in 2021. Looking forward, IMARC Group expects the market to reach US$
5,237.7 Million by 2027, exhibiting a growth rate (CAGR) of
7% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Busbar is an electrical junction that collects electric current from the incoming feeders and distributes it to the outgoing feeders. It comprises a circuit breaker that trips off in the event of a fault and disconnects itself from the busbar. It offers cost-efficient and fast installation services with no downtime and makes the power distribution process easier, flexible and hassle-free. Consequently, it is extensively utilized in factories, data centers, retail facilities, hospitals, laboratories, universities, metros and railways in the United States.
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Note: Values and trends in the above chart consists of dummy data and are only shown here for representation purpose. Kindly contact us for the actual market size and trends.
With the rising environmental concerns, there is an increase in the adoption of renewable energy sources for generating power in the US. On account of the growing requirements of different industries and enterprises, power consumption is increasing significantly, which, in turn, is impelling the market growth. Moreover, the growing warehouse and storage facilities in the country is resulting in the escalating demand for busbars with low power ratings. Besides this, the Government is planning to upgrade the existing transmission and distribution (T&D) infrastructure, which is expected to create a positive outlook for the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the United States busbar market report, along with forecasts at the country and regional level from 2022-2027. Our report has categorized the market based on power rating, conductor, end-user and industry.
Breakup by Power Rating:
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Note: Values and trends in the above chart consists of dummy data and are only shown here for representation purpose. Kindly contact us for the actual market size and trends.
Breakup by Conductor:
Breakup by End User:
- Industrial
- Commercial
- Residential
- Utilities
Breakup by Industry:
- Chemicals and Petroleum
- Metals and Mining
- Manufacturing
- Others
Breakup by Region:
- Northeast
- Midwest
- South
- West
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Report Coverage:
| Report Features |
Details |
|---|
| Base Year of the Analysis |
2021 |
| Historical Period |
2016-2021 |
| Forecast Period |
2022-2027 |
| Units |
US$ Million |
| Segment Coverage |
Power Rating, Conductor, End User, Industry, Region |
| Region Covered |
Northeast, Midwest, South, West |
| Customization Scope |
10% Free Customization |
| Report Price and Purchase Option |
Single User License: US$ 2699
Five User License: US$ 3699
Corporate License: US$ 4699 |
| Post-Sale Analyst Support |
10-12 Weeks |
| Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the United States busbar market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the United States busbar market?
- What are the key regional markets?
- 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 industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the United States busbar market and who are the key players?
- What is the degree of competition in the 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 United States Busbar Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 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 Northeast
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Midwest
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 South
10.3.1 Market Trends
10.3.2 Market Forecast
10.4 West
10.4.1 Market Trends
10.4.2 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 Porters 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 Policy and Regulatory Landscape
16 Competitive Landscape
16.1 Market Structure
16.2 Key Players
16.3 Profiles of Key Players
List of Figures
Figure 1: United States: Busbar Market: Major Drivers and Challenges
Figure 2: United States: Busbar Market: Sales Value (in Million US$), 2016-2021
Figure 3: United States: Busbar Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 4: United States: Busbar Market: Breakup by Power Rating (in %), 2021
Figure 5: United States: Busbar Market: Breakup by Conductor (in %), 2021
Figure 6: United States: Busbar Market: Breakup by End User (in %), 2021
Figure 7: United States: Busbar Market: Breakup by Industry (in %), 2021
Figure 8: United States: Busbar Market: Breakup by Region (in %), 2021
Figure 9: United States: Busbar (High) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: United States: Busbar (High) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: United States: Busbar (Medium) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: United States: Busbar (Medium) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: United States: Busbar (Low) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: United States: Busbar (Low) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: United States: Busbar (Copper) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: United States: Busbar (Copper) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: United States: Busbar (Aluminium) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: United States: Busbar (Aluminium) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: United States: Busbar (Industrial) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: United States: Busbar (Industrial) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: United States: Busbar (Commercial) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: United States: Busbar (Commercial) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: United States: Busbar (Residential) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: United States: Busbar (Residential) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: United States: Busbar (Utilities) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: United States: Busbar (Utilities) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: United States: Busbar (Chemicals and Petroleum) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: United States: Busbar (Chemicals and Petroleum) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: United States: Busbar (Metals and Mining) Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: United States: Busbar (Metals and Mining) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: United States: Busbar (Manufacturing) Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: United States: Busbar (Manufacturing) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: United States: Busbar (Other Industries) Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: United States: Busbar (Other Industries) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: Northeast: Busbar Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: Northeast: Busbar Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: Midwest: Busbar Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: Midwest: Busbar Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: South: Busbar Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: South: Busbar Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: West: Busbar Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: West: Busbar Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: United States: Busbar Industry: SWOT Analysis
Figure 44: United States: Busbar Industry: Value Chain Analysis
Figure 45: United States: Busbar Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: United States: Busbar Market: Key Industry Highlights, 2021 and 2027
Table 2: United States: Busbar Market Forecast: Breakup by Power Rating (in Million US$), 2022-2027
Table 3: United States: Busbar Market Forecast: Breakup by Conductor (in Million US$), 2022-2027
Table 4: United States: Busbar Market Forecast: Breakup by End User (in Million US$), 2022-2027
Table 5: United States: Busbar Market Forecast: Breakup by Industry (in Million US$), 2022-2027
Table 6: United States: Busbar Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 7: United States: Busbar Market: Competitive Structure
Table 8: United States: Busbar Market: Key Players