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Busbar Market by Conductor, Power Rating, End-User, and Region - Global Trends & Forecast to 2021

Busbar Market: Forecast until 2021

  • December 2016
  • 144 pages
  • ID: 4477039
In this report:
Increasing focus on energy efficiency and cost & operational benefits of busbar over cables will drive the global busbar market; it is expected to grow at a CAGR of ##.##% from 2016 to 2021.
The Asia-Pacific busbar market is expected to be valued at USD ##.## billion in 2016, and is projected to reach USD ##.## billion by 2021, at a CAGR of ##.##% from 2016 to 2021.

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"The busbar market is estimated to rise at a compound annual growth rate of ~5.5 percent from 2016 to 2021"

The busbar market is estimated to grow ~$16.5B by 2021, increasing at a compound annual growth rate (CAGR) of ~5.5 percent from 2016 to 2021. Busbar are used in oil & gas, power generation, commercial, residential, metals & mining, chemicals & petrochemicals, and other sectors. Rise in energy consumption due to urbanization & industrialization, growing focus on energy efficiency, and cost & operational benefits of busbar over cables are forecast to steer the busbar market. On the other hand, emerging grey/unorganized market providing low-quality and low price products is a restraint of the overall busbar market.

"The aluminium segment is anticipated to grow at the quickest Compound annual growth rate from 2016 to 2021"

With regard to conductor, the aluminium busbar segment is forecasted to grow at the quickest Compound annual growth rate. The industry demand from aluminium busbar is bound to rise quickly across industries in Asia-Pac (APAC) and the Middle East (ME) & African continent, according to their low-cost and low weight characteristics, together with electrical conducting properties that are comparable to copper to a big extent.

"APAC: The biggest market for busbar"

Asia-Pac is currently the biggest market for busbar, succeeded by Europe (EU). The Asia-Pac market is primarily influenced by countries including China (CN), Japan (JP), India (IN), Australia (AU), and Rest of Asia Pacific (APAC). China (CN) is forecasted to dominate the busbar market, succeeded by Japan (JP) and India (IN). Increasing energy consumption due to urbanization and industrialization will drive the APAC market during the outlook period.

Key players' distribution profiles:

Comprehensive interviews have been managed with several key industry participants, subject matter experts, C-suite executives of key industry players, and industry consultants, among other experts, to verify and obtain critical qualitative and quantitative info as well as to evaluate future industry prospects. The classification of primaries interviews is like:

By Company Type: Tier 1 55.0 percent, Tier 2 36.0 percent, Tier 3 9.0 percent

By Designation: C-Level- 9.0 percent, D-Level- 27.0 percent, Others- 64.0 percent

By area: Americas- 9.0 percent, Europe- 10.0 percent, Asia-pac- 45%, Rest of World- 36.0 percent

Note: The 1/3 of the companies, the tiers of the corporations has been defined on the basis of their final revenue, as of 2015: Tier 1 = >USD 20 billion, Tier 2 = From $10.0B to $20.0B, and Tier 3 =

The key players in the busbar market contain ABB Ltd. (NYSE:ABB), Schneider Electric (SU), Siemens (SIA), Eaton Corporation plc., Legrand S.A., C&S Electric Company, Eaton Corporation plc., Mersen S.A., Schneider Electric (SU), CHINT Electric Co. Ltd., and Rittal GMBH & CO. KG, among others.

Segment Research

The study offers a picture on the busbar market across various industry verticals and localities. It aims at evaluating the market value and upcoming growth potential of this market across several segments, including conductor, power rating, end-user, and area. Moreover, the analysis also comprises a detailed competitive analysis of the top players in the sector together with their company descriptions, SWOT study, recent evolutions, and key industries strategies.

Main highlights

The market research will facilitate the market top players/new sector entrants in this sector by providing them the closest approximations of the revenue numbers for the global busbar market and the sub-segments. This business report will facilitate partners to better apprehend the competitor overview and obtain additional insights to better option their businesses and make suitable go-to-market approaches. The industry report also benefits the partners to apprehend the pulse of the industry and offers them information on the main market drivers, industry restraints, opportunities, and alternatives.

Why acquire this industry report?

1. The study determines and addresses main markets for the busbar market, which is useful for suppliers to examine the rise in demand for the product.

2. The analysis benefits solution providers to comprehend the pulse of the sector and offers business insights on drivers, market restraints, and opportunities.

3. The market research will facilitate top players to better find out the competition's strategies and help in making tactical conclusions.

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