Busbar Trunking Systems Market, Global Outlook and Forecast 2023-2032

The global Busbar Trunking Systems market was valued at US$ 7316.3 million in 2022 and is projected to reach US$ 10030 million by 2029, at a CAGR of 4.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Busbar trunking is a system consisting of prefabricated electrical distribution system covered in a highly protective enclosure, which basically includes components such as fittings, devices, straight lengths, elbows and accessories.

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This report aims to provide a comprehensive presentation of the global market for Busbar Trunking Systems, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Busbar Trunking Systems. This report contains market size and forecasts of Busbar Trunking Systems in global, including the following market information:

Global Busbar Trunking Systems Market Revenue, 2018-2023, 2024-2032, ($ millions)

Global Busbar Trunking Systems Market Sales, 2018-2023, 2024-2032, (K Units)

Global top five Busbar Trunking Systems companies in 2022 (%)

Rising demand for reliable and uninterrupted supply of electricity in developing economies coupled with stringent government directives to curb T&D losses will drive the market. Ease of installation, low costs and the ability to effectively transmit bulk power over long distances have significantly favored the adoption of these products over traditional cables. Rapid urbanization backed by growing construction and infrastructure spending will further complement the product penetration. Growing investments to modernize the aging electricity network coupled with increasing adoption of smart grid technology will significantly enhance the busbar trunking system market. Installing such system avoids the plethora of cables in power transmission network and can reduce the ample space covered by the cables. Minimal heat dissipation, flexibility of tap-off locations, and trifling fire risks will positively impact its adoption globally. As per International Energy Agency (IEA), an estimated investment of USD 9.7 Trillion must be made to meet the global generating capacity till 2035 along with USD 7.2 Trillion to replace and install T&D grids.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Busbar Trunking Systems manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Busbar Trunking Systems Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (K Units)

Global Busbar Trunking Systems Market Segment Percentages, by Type, 2022 (%)

• Copper

• Aluminum

Global Busbar Trunking Systems Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (K Units)

Global Busbar Trunking Systems Market Segment Percentages, by Application, 2022 (%)

• Industrial

• Commercial

• Large Residential

• Transportation

Global Busbar Trunking Systems Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (K Units)

Global Busbar Trunking Systems Market Segment Percentages, By Region and Country, 2022 (%)

• North America

• US

• Canada

• Mexico

• Europe

• Germany

• France

• U.K.

• Italy

• Russia

• Nordic Countries

• Benelux

• Rest of Europe

• Asia

• China

• Japan

• South Korea

• Southeast Asia

• India

• Rest of Asia

• South America

• Brazil

• Argentina

• Rest of South America

• Middle East & Africa

• Turkey

• Israel

• Saudi Arabia

• UAE

• Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

• Key companies Busbar Trunking Systems revenues in global market, 2018-2023 (Estimated), ($ millions)

• Key companies Busbar Trunking Systems revenues share in global market, 2022 (%)

• Key companies Busbar Trunking Systems sales in global market, 2018-2023 (Estimated), (K Units)

• Key companies Busbar Trunking Systems sales share in global market, 2022 (%)

Further, the report presents profiles of competitors in the market, key players include:

• ABB

• GE

• Legrand

• Schneider Electric

• Siemens

• Eaton

• L&T

• C&S Electric

• Pogliano

• DBTS Industries

• Elbagate

• Busbar Services

• Jiangsu Wetown Busway

• Shanghai Zhenda

• Superior Electric

• Delta Electric

Outline of Major Chapters:

Chapter 1: Introduces the definition of Busbar Trunking Systems, market overview.

Chapter 2: Global Busbar Trunking Systems market size in revenue and volume.

Chapter 3: Detailed analysis of Busbar Trunking Systems manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Busbar Trunking Systems in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Global Busbar Trunking Systems capacity by region & country.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.

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