Global Busbar Trunking Systems Market to Set Phenomenal Growth in Key Regions by 2025
Qyresearchreports include new market research report Global Busbar Trunking Systems Market Professional Survey Report 2018 to its huge collection of research reports.
This report studies the global Busbar Trunking Systems market status and forecast, categorizes the global Busbar Trunking Systems market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, India, Southeast Asia and other regions (Central & South America, and Middle East & Africa).
Busbar trunking is a system consisting of prefabricated electrical distribution system covered in a highly protective enclosure, which basically includes components such as fittings, devices, straight lengths, elbows and accessories.
Rising demand for reliable and uninterrupted supply of electricity in developing economies coupled with stringent government directives to curb T&D losses will drive the market. Ease of installation, low costs and the ability to effectively transmit bulk power over long distances have significantly favored the adoption of these products over traditional cables. Rapid urbanization backed by growing construction and infrastructure spending will further complement the product penetration. Growing investments to modernize the aging electricity network coupled with increasing adoption of smart grid technology will significantly enhance the busbar trunking system market.
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Installing such system avoids the plethora of cables in power transmission network and can reduce the ample space covered by the cables. Minimal heat dissipation, flexibility of tap-off locations, and trifling fire risks will positively impact its adoption globally. As per International Energy Agency (IEA), an estimated investment of USD 9.7 Trillion must be made to meet the global generating capacity till 2035 along with USD 7.2 Trillion to replace and install T&D grids.
In recent times, aluminum conductors are being widely used in North America. This region holds a major share of the global busbar trunking systems market, followed by Europe. Due to growth of manufacturing industries and commercial buildings in Asia Pacific, the market in the region is anticipated to expand at a significant rate during the forecast period.
The global Busbar Trunking Systems market is valued at xx million US$ in 2017 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2018-2025.
The major manufacturers covered in this report
ABB
GE
Legrand
Schneider Electric
Siemens
Eaton
L&T
C&S Electric
Pogliano
DBTS Industries
Elbagate
Busbar Services
Jiangsu Wetown Busway
Shanghai Zhenda
Superior Electric
Delta Electric
Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering
North America
Europe
China
Japan
India
Southeast Asia
Other regions (Central & South America, Middle East & Africa)
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Copper
Aluminum
By Application, the market can be split into
Industrial
Commercial
Large Residential
Transportation
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The study objectives of this report are:
To analyze and study the global Busbar Trunking Systems capacity, production, value, consumption, status (2013-2017) and forecast (2018-2025);
Focuses on the key Busbar Trunking Systems manufacturers, to study the capacity, production, value, market share and development plans in future.
Focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Busbar Trunking Systems are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Key Stakeholders
Busbar Trunking Systems Manufacturers
Busbar Trunking Systems Distributors/Traders/Wholesalers
Busbar Trunking Systems Subcomponent Manufacturers
Industry Association
Downstream Vendors
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