Busbar Market Economic Forecasting by 2026 : ABB, Eaton, Legrand, Schneider Electric

Global busbar market accounted for revenue of $14.0 billion in 2018 and is anticipated to generate $23.6 billion by 2026. The global busbar market is projected to experience growth at a CAGR of 6.1% from 2019 to 2026.

Ontario, CA -- (SBWire) -- 03/25/2020 --Busbar consists of a strip of conductor made of aluminum or copper, supported by insulators that can connect the electrical loads and power supply in an integrated electrical network. It has a range of applications majorly in switchgears, distribution panels, switchboards, and any establishments that require the consumption of electric power.

Global busbar market accounted for revenue of $14.0 billion in 2018 and is anticipated to generate $23.6 billion by 2026. The global busbar market is projected to experience growth at a CAGR of 6.1% from 2019 to 2026.

The busbar conducts electricity within a switchboard, distribution board, substation, battery bank, or the other electrical apparatus. Busbars are used to carry substantial electric currents over relatively short distances. Their greater surface area reduces losses due to corona discharge. Busbars are not normally structural members. The material composition and cross sectional size of the busbar determines the maximum amount of current that can be safely carried.

Higher concerns regarding energy efficiency with preference for busbars over cables due to their low cost are the factors expected to drive the market size. Integration of wind power technology in global power generation mix coupled with emergence of smart & green cities are the key factors that will boost the growth of busbar market size.

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Segment by Key players:
- ABB
- Eaton
- Legrand
- Schneider Electric
- Siemens
- Chint Electrics
- Mersen
- Power Products
- Rittal
- Pentair
- C&S Electric
- Promet
- Baotai
- Metal Gems

Segment by Type:
- Low Power (Below 125 A)
- Medium Power (125 A?800 A)
- High Power (Above 800 A)

Segment by Application:
- Utilities
- Residential
- Commercial
- Industrial Use

Segment by Regions:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa

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Table of Content:

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Busbar Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Busbar Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Busbar Market - Supply Chain
4.5. Global Busbar Market Forecast
4.5.1. Busbar Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Busbar Market Size (000' Units) and Y-o-Y Growth
4.5.3. Busbar Market Absolute $ Opportunity

5. Global Busbar Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Busbar Market Size and Volume Forecast by Type
5.3.1. Fabricated Frame
5.3.2. Tube and Coupler
5.3.3. Mobile
5.3.4. Pole
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Busbar Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Busbar Market Size and Volume Forecast by Application
6.3.1. Personal Decoration
6.3.2. Commercial Decoration
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Busbar Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Busbar Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Busbar Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Busbar Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Busbar Demand Share Forecast, 2019-2029

Continued……

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