Summary
KEY FINDINGS
The global copper busbar market is projected to register a CAGR of 6.94% during the forecast period, 2022-2030. The growing investments in transmission & distribution infrastructure, the increasing utilization of urbanization, industrialization, and electricity, and the rising construction activities drive market growth.
MARKET INSIGHTS
Copper busbar is a common conductive metal used in busbars and various electrical utilities globally.Its resilience to higher temperatures offers extra security during short-circuit situations.
The increased construction activities lead to a growing number of sites, which further raises the demand for copper busbars in the construction industry. As a result, the growing construction activities are one of the key growth drivers of the global copper busbar market.
Also, the construction sector is one of the largest sectors in the world economy.Additionally, global investments by tech companies in complex megaprojects offer growth opportunities.
Besides, the residential construction expenditure was almost 25% in 2021 and is expected to increase by 7% in 2022.Such construction activities encompass copper busbar’s use as a construction material and for electricity transportation and wirings.
However, the global copper busbar market growth is hindered by fluctuations in raw material prices.
REGIONAL INSIGHTS
The global copper busbar market’s geographical assessment includes the analysis of Europe, Asia-Pacific, North America, and Rest of Asia-Pacific. Asia-Pacific has the largest market share in the region, accredited to the wide adoption of renewable energy sources for power generation and the surging demand for reliable and uninterrupted power supply.
COMPETITIVE INSIGHTS
Product differentiation by market players contributes to the high competitive rivalry in the market. Some of the main companies operating in the market are Eaton Corp, Siemens AG, Luvata, ABB Ltd, etc.
Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation caters to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• The competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
Companies mentioned
1. ABB LTD
2. AMERICAN POWER CONNECTION SYSTEMS INC
3. AURUBIS AG
4. EATON CORPORATION PLC
5. ELVALHALCOR HELLENIC COPPER AND ALUMINUM INDUSTRY SA
6. ETABLISSEMENTS GINDRE DUCHAVANY SA
7. KINTO ELECTRIC CO LTD
8. LAFER IBERICA SRL
9. LUVATA
10. ORIENTAL COPPER LTD
11. PROMET AG
12. SCHNEIDER ELECTRIC SE
13. SIEMENS AKTIENGESELLSCHAFT
14. SOFIA MED SA
15. WETOWN ELECTRIC GROUP
Table of contents
1. RESEARCH SCOPE & METHODOLOGY
1.1. STUDY OBJECTIVES
1.2. SCOPE OF STUDY
1.3. METHODOLOGY
1.4. ASSUMPTIONS & LIMITATIONS
2. EXECUTIVE SUMMARY
2.1. MARKET SIZE & ESTIMATES
2.2. MARKET OVERVIEW
3. MARKET DYNAMICS
3.1. KEY DRIVERS
3.1.1. RISING CONSTRUCTION ACTIVITIES WORLDWIDE
3.1.2. GROWING UTILIZATION OF ELECTRICITY, INDUSTRIALIZATION, AND URBANIZATION
3.1.3. INCREASING INVESTMENTS IN TRANSMISSION & DISTRIBUTION INFRASTRUCTURE
3.2. KEY RESTRAINTS
3.2.1. FLUCTUATIONS IN RAW MATERIAL PRICES
4. KEY ANALYTICS
4.1. IMPACT OF COVID-19 ON COPPER BUSBAR MARKET
4.2. KEY MARKET TRENDS
4.3. PORTER'S FIVE FORCES ANALYSIS
4.3.1. BUYERS POWER
4.3.2. SUPPLIERS POWER
4.3.3. SUBSTITUTION
4.3.4. NEW ENTRANTS
4.3.5. INDUSTRY RIVALRY
4.4. OPPORTUNITY MATRIX
4.5. VENDOR LANDSCAPE
4.6. VALUE CHAIN ANALYSIS
4.7. KEY BUYING CRITERIA
4.7.1. COST EFFECTIVENESS
4.7.2. APPLICATION
4.7.3. EFFICIENCY
4.7.4. RELIABILITY
5. MARKET BY MATERIAL TYPE
5.1. ETP (ELECTROLYTIC TOUGH PITCH COPPER BUSBAR)
5.2. OXYGEN-FREE COPPER (OF)
5.3. OTHER MATERIAL TYPES
6. MARKET BY DEPLOYMENT
6.1. INDUSTRIAL
6.2. COMMERCIAL
6.3. RESIDENTIAL
7. MARKET BY END-USER
7.1. ELECTRICAL UTILITIES
7.2. TELECOMMUNICATION
7.3. DATA CENTRES
7.4. AUTOMOTIVE & TRANSPORTATION
7.5. OTHER END-USERS
8. MARKET BY APPLICATION
8.1. POWER DISTRIBUTION PANEL
8.2. SWITCHBOARD
8.3. TRANSFORMER
8.4. BUS DUCT
8.5. HEAT SINK
8.6. MOTORS & GENERATORS
8.7. OTHER APPLICATIONS
9. GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1. MARKET SIZE & ESTIMATES
9.1.2. KEY GROWTH ENABLERS
9.1.3. KEY CHALLENGES
9.1.4. KEY PLAYERS
9.1.5. COUNTRY ANALYSIS
9.1.5.1. UNITED STATES
9.1.5.2. CANADA
9.2. EUROPE
9.2.1. MARKET SIZE & ESTIMATES
9.2.2. KEY GROWTH ENABLERS
9.2.3. KEY CHALLENGES
9.2.4. KEY PLAYERS
9.2.5. COUNTRY ANALYSIS
9.2.5.1. GERMANY
9.2.5.2. FRANCE
9.2.5.3. UNITED KINGDOM
9.2.5.4. SPAIN
9.2.5.5. ITALY
9.2.5.6. REST OF EUROPE
9.3. ASIA-PACIFIC
9.3.1. MARKET SIZE & ESTIMATES
9.3.2. KEY GROWTH ENABLERS
9.3.3. KEY CHALLENGES
9.3.4. KEY PLAYERS
9.3.5. COUNTRY ANALYSIS
9.3.5.1. CHINA
9.3.5.2. JAPAN
9.3.5.3. INDIA
9.3.5.4. SOUTH KOREA
9.3.5.5. INDONESIA
9.3.5.6. REST OF ASIA-PACIFIC
9.4. REST OF WORLD
9.4.1. MARKET SIZE & ESTIMATES
9.4.2. KEY GROWTH ENABLERS
9.4.3. KEY CHALLENGES
9.4.4. KEY PLAYERS
9.4.5. REGIONAL ANALYSIS
9.4.5.1. LATIN AMERICA
9.4.5.2. MIDDLE EAST & AFRICA
10. COMPETITIVE LANDSCAPE
10.1. KEY STRATEGIC DEVELOPMENTS
10.1.1. MERGERS & ACQUISITIONS
10.1.2. PARTNERSHIPS & AGREEMENTS
10.1.3. BUSINESS EXPANSIONS & DIVESTITURES
10.2. COMPANY PROFILES
10.2.1. ABB LTD
10.2.2. AMERICAN POWER CONNECTION SYSTEMS INC
10.2.3. AURUBIS AG
10.2.4. EATON CORPORATION PLC
10.2.5. ELVALHALCOR HELLENIC COPPER AND ALUMINUM INDUSTRY SA
10.2.6. ETABLISSEMENTS GINDRE DUCHAVANY SA
10.2.7. KINTO ELECTRIC CO LTD
10.2.8. LAFER IBERICA SRL
10.2.9. LUVATA
10.2.10. ORIENTAL COPPER LTD
10.2.11. PROMET AG
10.2.12. SCHNEIDER ELECTRIC SE
10.2.13. SIEMENS AKTIENGESELLSCHAFT
10.2.14. SOFIA MED SA
10.2.15. WETOWN ELECTRIC GROUP
Methodology
Our market research methodology is designed to provide the clients with comprehensive and accurate information
on various
industries and markets. It includes data collection, primary interviews, macro-economic factor analysis,
country-level data
analysis etc.
The data is gathered from a wide range of sources, including industry reports, government statistics, and
company financials.
This data is then analyzed and cross-referenced to ensure its accuracy and reliability. Next, primary
interviews are conducted
with industry experts and key stakeholders to gather their insights and perspectives on the market. This
information is then
combined with the data collected to provide a complete picture of the market. Macro-economic factor analysis
is also carried
out to understand the impact of external factors on the market. Finally, country-level data analysis is
performed to
understand the market dynamics in specific regions and countries.
Reportlinker's market research methodology is designed to provide clients with a clear understanding of the
market, its trends,
and its future potential.
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