Los Angeles, CA -- (SBWIRE) -- 10/10/2018 -- Description

This report studies the global Busway/Bus Duct market status and forecast, categorizes the global Busway/Bus Duct market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, and other regions (India, Southeast Asia, Central & South America, and Middle East & Africa).
Busway, also known as bus duct, is an electrical power supply distribution system that seamlessly distributes power from one end of the building to another. A key advantage of busway is its flexibility and adaptability to a wide range of requirements. It is widely used in industrial buildings, commercial building, civil building etc.

Busway provides flexible power distribution solutions for a variety of applications where change and adaptation are important. It offers a complete line of compatible, sandwich-type feeder and plug-in busway lengths and fittings. According to the different insulation way, busway is divided into BMC, CMC and CFW etc. CMC is the most widely used type which takes up about 52% of the global total in 2016. And the production cost of CMC is relatively low.

The global busway average price is in the decline trend, from 681 $/m in 2012 to 578 $/m in 2017. The price will be in decline trend if more capacity goes into operation and price of the raw material get reduction in the future. The busway production will reach about 8985 km in 2016 from 7406 km in 2012 at an average annual growth rate of more than 7.43%.

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China is the largest production of busway in the world in the past few years and it will keep the same position in the next few years. The Chinese market took up about 42% the global market in 2016, the second largest is USA (14.6%) and Europe is followed with the share about 13%.

The global Busway/Bus Duct market is valued at 8980 million US$ in 2017 and will reach 11000 million US$ by the end of 2025, growing at a CAGR of 2.6% during 2018-2025.

The major manufacturers covered in this report

Schneider Electric

Siemens

GE Ind.

Eaton

LS Cable

UEC

Huapeng Group

C&S Electric

DBTS Ind

Godrej Busbar Systems

Furukawa Electric

Powell

Honeywell

WETOWN

Somet

ABB

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