DUBLIN--(BUSINESS WIRE)--The "Global Busbar Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2019-2027" report has been added to ResearchAndMarkets.com's offering.
The overall busbar market worldwide was valued at US$ 18.50 Bn in 2018 and is set to grow with a CAGR of 7.0% during the forecast period.
The global busbar market is highly driven by the ability to reduce the system's cost, increase the efficiency and reliability of the systems. The busbars are majorly used for low voltage and high current distribution and to control equipment. These are used as feeders and planting cell in various industries and commercial buildings.
Moreover, the ability of this component to be installed easily and requires less maintenance makes them an essential component for various systems. Moreover, the cost of a busbar is less compared to the cables. The busbar has a large application in distribution panels, switchboards, switchgear, and system which require the consumption of electric power.
Based on the conductor, the busbar market has been segmented aluminum and copper. The comer sub-segment dominates the busbar market based on conductor due to their early adoption in commercial, residential and industrial application. Moreover, the copper has more conductivity as compared to aluminum, which also reduces the overall cost for the system as small bars of copper can be used making the overall systems reliable.
Asia-Pacific is expected to be the fastest-growing market due to the presence of various large chemical, manufacturing, utilities and other industries in the region which are using busbar. Additionally, the developing infrastructure and increasing population is a major factor for driving the busbar market in the region due to the demand for high electric power by the commercial and residential segment in the region.
Moreover, the development of malls, amusement parks, cinema complexes, and others are adding fuel in the growth of the market. India and China are the main contributors to the growth of the market. Additionally, the presence of other countries such as Australia, Japan, South Korea, and others also plays a vital role in the growth of the market.
Key Topics Covered:
Chapter 1 Preface
1.1 Report Description
1.2 Research Scope
1.3 Market Segmentation
1.4 Research Methodology
Chapter 2 Executive Summary
2.1 Market Snapshot: Global Busbar Market
2.2 Global Busbar Market, By Conductor, 2018 (US$ Bn)
2.3 Global Busbar Market, By Power Rating, 2018 (US$ Bn)
2.4 Global Busbar Market, By End-User, 2018 (US$ Bn)
2.5 Global Busbar Market, By Geography, 2018 (US$ Bn)
Chapter 3 Market Dynamics
3.1.1 Global Busbar Market Value, 2017 - 2027, (US$ Bn)
3.2 Market Drivers
3.3 Market Growth Inhibitors
3.3.1 Impact Analysis of Drivers and Restraints
3.4 Key Market Trends
3.5 Attractive Investment Proposition, by Geography, 2018
3.6 Competitive Analysis
3.6.1 Market Positioning of Key Busbar Vendors, 2018
3.6.2 Key Strategies Adopted by the Leading Players
Chapter 4 Global Busbar Market Analysis, by Conductor, 2017 - 2027 (US$ Bn)
Chapter 5 Global Busbar Market Analysis, by Power Rating, 2017 - 2027 (US$ Bn)
5.2 Low Power
5.3 Medium Power
5.4 High Power
Chapter 6 Global Busbar Market Analysis, by End-User, 2017 - 2027 (US$ Bn)
6.6 Chemicals & Petroleum
6.7 Metals & Mining
Chapter 7 North America Busbar Market Analysis, 2017 - 2027 (US$ Bn)
7.2 North America Busbar Market Analysis, By Conductor, 2017 - 2027
7.3 North America Busbar Market Analysis, By Power Rating, 2017 - 2027
7.4 North America Busbar Market Analysis, By End-User, 2017 - 2027
7.5 North America Busbar Market Analysis, By Region/Country, 2017 - 2027
Chapter 8 Europe Busbar Market Analysis, 2017 - 2027 (US$ Bn)
Chapter 9 Asia Pacific Busbar Market Analysis, 2017 - 2027 (US$ Bn)
Chapter 10 Rest of the World (RoW) Busbar Market Analysis, 2017 - 2027 (US$ Bn)
Chapter 11 Company Profiles
11.1 ABB Ltd
11.2 Siemens AG
11.3 Eaton Corporation plc
11.4 Legrand S.A.
11.5 C &S Electric Company
11.6 Mersen S.A.
11.7 Schneider Electric SE
11.8 CHINT Electric Co. Ltd
11.9 Rittal GMBH & CO.KG
11.10 Naxso S.R.L
11.11 Graziadio & C. S.P.A.
11.12 ARJ Group
11.13 Nova Ltd.
11.14 ARJ Group
For more information about this report visit https://www.researchandmarkets.com/r/ncygvp