• Blog
  • Busbar Trunking System Market Report

    Busbar Trunking System Market Report

    Busbar Trunking System Market Report
    Report code - SRCE302 Delivery - 2 Weeks
    Get Free Sample |
    Play Audio
    Listen
    Busbar Trunking System Market Size, Share, Trend, Forecast, & Industry Analysis &ndash See more...

    Impact of COVID-19 on Busbar Trunking System Market

    Covid-19 has impacted the market dynamics, competition, and global...

    See more...

    Impact of COVID-19 on Busbar Trunking System Market

    Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Market Insights

    Busbar Trunking System Market is likely to witness an impressive CAGR of 9.5% during the forecast period. Increasing focus towards energy conservation & energy efficiency along with increasing investment towards modernizing aging electricity infrastructure is likely to drive the market for busbar trunking system.

    Busbar Trunking System Market – Snapshot

    Growth

    9.5% for the next five years

    Dominant Insulation Type

    Sandwich

    Region with the Highest demand

    Asia-Pacific

    Key Players

    ABB, Siemens, Schneider Electric, Larsen & Toubro (L&T), Legrand, General Electric, C&S Electric, Eaton, Godrej & Boyce, ARJ Group, Naxso, Megabarre, DBTS and MK Electric

    Segment Analysis

    Busbar-Trunking-System-Market-Dominant-Segments

    Wish to get a free sample? Register Here

    Busbar Trunking System Market Share: By Insulation Type

    Based on the insulation type, the market is segmented as sandwich and air-insulated. The sandwich insulation segment is projected to be the larger segment of the market during the forecast period. Flexible installation, better mechanical protection and space savings are the major factors behind the dominance of the sandwich segment.

    Busbar Trunking System Market Share: By Application Type

    Based on the application type, the market is segmented as industrial, commercial, and utilities. The industrial segment is projected to remain the largest segment of the market. Huge investment towards rapidly expanding industrial sectors in the emerging economies along with modernization of existing capabilities in the developed markets is the major factor driving the growth of the industrial sector.

    Busbar Trunking System Market Share: By Region

    In terms of regions, Asia-Pacific is estimated to be the largest market led by China, Japan, India, South Korea, ASEAN Countries, and Others. Expanding industrial sector, rapid urbanization, significant economic development in the region, and increased focus towards energy conservation are the major factors driving the growth of the Asia-Pacific region. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.

    Busbar-Trunking-System-Market-By-Region

    Know which region offers best growth opportunities. Register Here

    Market Scope & Segmentation

    Busbar Trunking System is a system of distributing electric power using copper or aluminum busbar with suitable enclosures and good amount of protection to prevent cables from getting damaged. The market is segmented as by insulation type into sandwich and air-insulated; by power rating into lighting, low, medium, and high; by conductor type into copper and aluminum; and by application type into industrial, commercial, and utilities.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Busbar Trunking System Market Research Report - Features

    Market Segmentation

    5

    Regions Covered

    4

    Countries/Sub-Regions Covered

    17

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The busbar trunking system market is segmented into the following categories. 

    Busbar Trunking System Market Size, Share, & Forecast, by Insulation Type:

    • Sandwich (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Air-Insulated (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Busbar Trunking System Market Size, Share, & Forecast, by Power Rating Type:

    • Lighting (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Low (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Medium (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • High (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Busbar Trunking System Market Size, Share, & Forecast, by Conductor Type:

    • Copper (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Aluminum (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Busbar Trunking System Market Size, Share, & Forecast, by Application Type:

    • Industrial
      • Regional Analysis: North America, Europe, Asia-Pacific, and RoW
      • Type Analysis: Power, Oil & Gas, Process, Transportation, and Manufacturing
    • Commercial
      • Regional Analysis: North America, Europe, Asia-Pacific, and RoW
      • Type Analysis: Education, Retail, Hospitality, Societies, Healthcare, and Others
    • Utilities (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Busbar Trunking System Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    Busbar-Trunking-System-Market-Segmentation

    Want to know the most attractive market segments? Register Here

    Key Players

    Some of the key players in the busbar trunking system market are-

    • ABB
    • Siemens
    • Schneider Electric
    • Larsen & Toubro (L&T)
    • Legrand
    • General Electric
    • C&S Electric
    • Eaton
    • Godrej & Boyce
    • ARJ Group
    • Naxso
    • Megabarre
    • DBTS
    • MK Electric

    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation by any one of the insulation types by application type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com

    Frequently Asked Questions (FAQs)

    The busbar trunking system market is expected to witness an impressive growth of 9.5% CAGR in the foreseeable future.

    ABB, Siemens, Schneider Electric, Larsen & Toubro (L&T), Legrand, General Electric, C&S Electric, Eaton, Godrej & Boyce, ARJ Group, Naxso, Megabarre, DBTS and MK Electric are among the key players in the busbar trunking system market.

    Asia-pacific is expected to be the largest busbar trunking system market during the forecast period.

    The industrial segment is expected to be the largest segment of the busbar trunking system market in the coming years.

    The sandwich insulation segment is expected to be larger insulation type in the busbar trunking system market in the next five years.

    Increasing focus towards energy conservation & energy efficiency along with increasing investment towards modernizing aging electricity infrastructure is the factor driving the growth of busbar trunking system market.

    •