Selbyville, DE -- (SBWire) -- 03/08/2019 --Market Study Report: The Report entitled 2019-2025 Global Busbar Trunking System Market size Report explores the essential factors of the Busbar Trunking System Market size considering such as industry situations, Market size demands, Market size players adopted business strategies and their growth scenario. The Global Busbar Trunking System Market size has been separated by this report based on the key players profiles, Type, Application and Regions.
Busbar trunking system market by aluminium is anticipated to grow over 11% by 2025. Cost effectiveness and the ability to withstand safety critical applications will positively impact the business scenario. In addition, ongoing technical advancement to improve the mechanical strength and heat stability will make them a suitable material choice for busbar systems.
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The U.S. busbar trunking system market, in 2018 was over USD 250 million. Increasing demand for the development and modernization of existing grid infrastructure along with growing need to replace the obsolete power cables will complement the business outlook. In 2016, the U.S. Department of Energy (DOE) announced investments worth USD 220 million for the development of country?s grid infrastructure over the next three years.
High degree of flexibility and low fire load are some of the key parameters that will drive the low voltage busbar trunking system market. Ability to provide hassle free power along with their extensive applicability across various establishments including shopping complexes, railway stations, airports, production & storage spaces will further stimulate the industry growth.
Sandwich busbar trunking system market will grow on account of their ability to withstand high short circuit currents. Ability to occupy minimum space, simple installation, highly customized design and flexibility will positively influence the industry growth. Extensive applicability of these systems in high voltage applications makes them a preferred choice over the conventional air insulated counterparts.
Busbar trunking system market in Europe will witness growth of over 8% by 2025. Enhanced government efforts toward smart grid adoption coupled with measures to optimize energy efficiency will stimulate the systems demand. For instance, the European Union set targets of 20% energy savings by 2020.
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Growing electricity demand across the emerging economies on account of rapid urbanization will drive the industrial busbar trunking system market. Enhanced government focus toward the expansion and modernization of the existing manufacturing facilities will further improve the industry dynamics. In India, the government initiated the Make in India campaign to improve the manufacturing capabilities and reduce the import dependency.
Notable participants in the busbar trunking system market includes Schneider Electric, Godrej, Larsen & Toubro, Eaton, Siemens, General Electric, Naxso, Effibar, DBTS, Legrand, C&S Electric and Megabarre.
Busbar Trunking System Market is anticipated to exceed USD 3 billion by 2025. Increasing demand for continuous & reliable power supply coupled with growing regulatory pressure on the power utilities to curb the T&D losses will boost the busbar trunking system market growth. Furthermore, accelerating investment toward infrastructural development coupled with shifting focus for the deployment of advanced instrumentation & digital technology will complement the industry landscape. Saudi Arabia has strategized to allocate around USD 1.1 trillion toward the infrastructure projects from the period of 2019 to 2038.
Report Content
Chapter 1 Methodology & Scope
1.1 Methodology
1.2 Market definitions
1.3 Market estimates & forecast parameters
1.4 Data Sources
1.4.1 Primary
1.4.2 Secondary
1.4.2.1 Paid Sources
1.4.2.2 Public Sources
Chapter 2 Executive Summary
2.1 Busbar trunking system 360 degree synopsis, 2014 - 2025
2.1.1 Business trends
2.1.2 Insulation trends
2.1.3 Power rating trends
2.1.4 Conductor trends
2.1.5 Application trends
2.1.6 Regional trends
Chapter 3 Busbar Trunking System Industry Insights
3.1 Industry segmentation
3.2 Industry landscape, 2014 - 2025
3.3 Industry ecosystem analysis
3.3.1 Vendor matrix
3.4 Innovation & sustainability
3.4.1 Legrand
3.4.2 Schneider Electric
3.4.3 Rittal
3.4.4 Anord Mardix
3.4.5 E+I Engineering
3.4.6 Universal Electric Corporation
3.4.7 Siemens
3.5 Regulatory landscape
3.5.1 International Electrotechnical Commission (IEC)
3.5.1.1 IEC 61439-6:2012:
3.5.2 UK
3.5.2.1 Directive 2014/ 30/EU
3.5.2.2 BS 7671
3.5.2.3 BS 7671:2018
3.5.2.4 BS EN 61439-6
3.5.2.5 BS 7671: 2008
3.5.3 U.S.
3.5.3.1 NEMA
3.5.4 China
3.5.4.1 GB 7251.6-2015
3.5.5 India
3.5.5.1 IS8623 (Part 2): 1993
3.5.6 Australia
3.5.6.1 AS 60529-2004:
3.5.7 Bahrain
3.5.7.1 Regulations for Electrical Installations
3.6 Industry impact forces
3.6.1 Growth drivers
3.6.1.1 North America
3.6.1.1.1 Refurbishment of existing grid networks
3.6.1.1.2 Rising electric infrastructure spending
3.6.1.2 Europe
3.6.1.2.1 Rapid smart grid adoption
3.6.1.3 Asia Pacific & MEA
3.6.1.3.1 Increasing demand for electricity
3.6.1.3.2 Rapid industrialization & infrastructure development
3.6.1.3.3 Increasing investment toward power generation
3.6.1.4 Latin America
3.6.1.4.1 Growing need for energy efficient distribution network system
3.6.2 Industry pitfalls & challenges
3.6.2.1 Volatile raw material prices
3.7 Global T&D loss trend
3.8 Raw Material trading trend in Commodity Exchange ("COMEX")
3.8.1 Copper
3.8.2 Aluminium
3.9 World energy investment outlook
3.10 History of development of busbar protection
3.11 Comparative analysis
3.11.1 Busbar trunking system & cable tray system
3.12 Customer requirement
3.13 Entry barriers
3.14 Import/export analysis
3.14.1 Copper
3.14.2 Aluminium
3.15 Market Share of BBT manufacturers, 2018
3.16 Growth potential analysis
3.17 Porter's analysis
3.18 Competitive landscape, 2018
3.18.1 Strategy dashboard
3.18.1.1 Eaton
3.18.1.2 C&S Electric
3.18.1.3 Schneider Electric
3.18.1.4 ABB
3.18.1.5 Siemens AG
3.18.1.6 Universal Electrical Corporation
3.18.1.7 Anord Matrix
3.19 PESTEL analysis
Chapter 4 Busbar Trunking System, By Insulation
4.1 Busbar trunking system market share by insulation, 2018 & 2025
4.2 Sandwich
4.2.1 Global market from sandwich, 2014 - 2025
4.3 Air-insulated
4.3.1 Global market from air-insulated, 2014 - 2025
4.3.2 Global market from air-insulated, by region, 2014 - 2025
Chapter 5 Busbar Trunking System Market, By Power Rating
5.1 Busbar trunking system market share by power rating, 2018 & 2025
5.2 Lighting
5.2.1 Global market from lighting, 2014 - 2025
5.2.2 Global market from lighting, by region, 2014 - 2025
5.3 Low
5.3.1 Global market from low, 2014 - 2025
5.3.2 Global market from low, by region, 2014 - 2025
5.4 Medium
5.4.1 Global market from medium, 2014 - 2025
5.4.2 Global market from medium, by region, 2014 - 2025
5.5 High
5.5.1 Global market from high, 2014 - 2025
5.5.2 Global market from high, by region, 2014 - 2025
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Busbar Trunking System Market Size Emerging Growth by Top Players-Schneider Electric, Godrej, Larsen & Toubro, Eaton, Siemens, Naxso, Effibar, DBTS, Legrand and Megabarre
Market Study Report: The Report entitled 2019-2025 Global Busbar Trunking System Market size Report explores the essential factors of the Busbar Trunking System Market size considering such as industry situations, Market size demands, Market size players adopted business strategies and their growth scenario. The Global Busbar Trunking System Market size has been separated by this report based on the key players profiles, Type, Application and Regions.