0
USD
EUR USD GBP
+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Busbar Trunking Systems - Global Strategic Business Report

  • PDF Icon

    Report

  • 576 Pages
  • December 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 4804696
The global market for Busbar Trunking Systems is estimated at US$7.1 Billion in 2023 and is projected to reach US$10.6 Billion by 2030, growing at a CAGR of 5.9% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

The growth in the busbar trunking systems market is driven by several factors. The increasing demand for efficient and reliable power distribution solutions in commercial and industrial facilities is a major driver. Technological advancements in materials and design are enhancing the performance and reducing the costs of busbar trunking systems, making them more attractive. The growth of the construction and infrastructure sectors, particularly in emerging economies, is boosting demand for these systems.

Additionally, the emphasis on energy efficiency and sustainability is encouraging the adoption of busbar trunking systems, which offer reduced energy losses and improved power management. Regulatory standards and safety requirements further support market growth. These factors collectively ensure the sustained growth and innovation in the busbar trunking systems market.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Sandwich Insulation Busbar Trunking Systems segment, which is expected to reach US$7.1 Billion by 2030 with a CAGR of a 6.1%. The Air Insulation Busbar Trunking Systems segment is also set to grow at 5.6% CAGR over the analysis period.
  • Regional Analysis: Gain insights into the U.S. market, estimated at $1.4 Billion in 2023, and China, forecasted to grow at an impressive 7.6% CAGR to reach $1.6 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Busbar Trunking Systems Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Busbar Trunking Systems Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Busbar Trunking Systems Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players such as Alfa Technologies Pvt Ltd (Alfaduct), Anord Mardix Inc., Aurubis AG, and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 82 Featured):

  • Alfa Technologies Pvt Ltd (Alfaduct)
  • Anord Mardix Inc.
  • Aurubis AG
  • C&S Electric Limited
  • DBTS Industries Sdn Bhd
  • EAE Elektrik A.S.
  • Eaton Corporation plc
  • GERSAN ELEKTRIK AS
  • Godrej & Boyce Mfg. Co. Ltd.
  • GRAZIADIO & C. S.P.A.
  • JRC Powertech
  • KDH Engineering Ltd.
  • L&T Electrical and Automation
  • LEGRAND SA
  • Maan Engineering Ltd
  • MEGABARRE EUROPE SRL
  • NOVA Limited
  • Power Plug Busduct Sdn. Bhd.
  • Rittal GmbH & Co. KG
  • Schneider Electric SE
  • Siemens AG
  • Vass Electrical Industries
  • VMtec Maschinen- und Anlagenbau GmbH
  • ZHENDA Complete Sets of Electric Equipment Co., Ltd.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Proliferation of Electronic Equipment Amid the Digitalization Wave Sets the Stage for the Growth of Busbar Trunking Systems
  • Global Spending on Digital Transformation Paves the Way for the Rise of Busbar Trunking Systems: Global Spending on Digital Transformation Technologies & Services (In US$ Trillion) for Years 2023, 2025 and 2027
  • Global Economic Update
  • Global Average Annual Brent Crude Oil Price (In US$ Per Barrel) for Years 2017 through 2024
  • Global Inflation Rates (In %) for the Years 2019 through 2024
  • World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2020 Through 2024
  • Inflation Battling Policy Measures to Slowdown Post Pandemic Recovery in Unemployment Rates: Global Number of Unemployed People (In Million) for Years 2019 Through 2024
  • Competition
  • Busbar Trunking Systems - Global Key Competitors Percentage Market Share in 2024 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
  • Recent Market Activity
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • The Rise of Industry 4.0 Spurs Demand for Busbar Trunking Systems. Here’s How
  • Growing Investments in Industry 4.0 Amplifies the Importance & Prominence of Busbar Trunking Systems: Global Market for Industry 4.0 (In US$ Million) for Years 2023, 2025 and 2027
  • Busbar Trunking Systems Grow in Popularity in Manufacturing Plants for Lighting & Power Applications
  • The Rise of Smart Buildings Strengthens the Business Case for Busbar Trunking Systems
  • Growing Spending on Smart Buildings Bodes Well for the Growth of Busbar Trunking Systems: Global Market for Smart Buildings (In US$ Million for Years 2023, 2025 and 2027
  • Smart Cities Emerge as a Catalyzing Force for Busbar Trunking Systems
  • Smart Cities Expand the Addressable Market Opportunity for Busbar Trunking Systems: Global Market for Smart Cities (In US$ Billion) for Years 2023, 2025 and 2027
  • Datacenters Step Up the Use of Busbar Trunking Systems. Here’s Why
  • A Growing Share of Budgets for Data Center Infrastructure Management (DCIM) Will be Accorded to Busbar Trunking Systems: Global Market for DCIM (In US$ Million) for Years 2023, 2025 and 2027
  • Focus on Energy Efficacy Drives Demand for Busbar Trunking Systems
  • As the World Focusses on Ramping up Annual Energy Efficiency Progress, Purchase Decisions Will be Skewed Towards Busbar Trunking Systems in the Field of Electrical Power Distribution: Global Investments in Energy Efficiency (In US$ Billion) For Years 2023, 2025, 2027, 2029, 2031 and 2033
  • Open Channel Busbar Grows in Popularity in Mission Critical Facilities
  • Low Voltage Busbar Trunking Systems Grow in Popularity. Here’s Why
  • New Innovations Allow Busbar Trunking Systems to Carry Data as Well as Power
4. GLOBAL MARKET PERSPECTIVE
  • TABLE 1: World Busbar Trunking Systems Market Analysis of Annual Sales in US$ Thousand for Years 2017 through 2030
  • TABLE 2: World Recent Past, Current & Future Analysis for Busbar Trunking Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 3: World Historic Review for Busbar Trunking Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2017 through 2022 and % CAGR
  • TABLE 4: World 13-Year Perspective for Busbar Trunking Systems by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2017, 2024 & 2030
  • TABLE 5: World Recent Past, Current & Future Analysis for Sandwich by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 6: World Historic Review for Sandwich by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2017 through 2022 and % CAGR
  • TABLE 7: World 13-Year Perspective for Sandwich by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2017, 2024 & 2030
  • TABLE 8: World Recent Past, Current & Future Analysis for Air by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 9: World Historic Review for Air by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2017 through 2022 and % CAGR
  • TABLE 10: World 13-Year Perspective for Air by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2017, 2024 & 2030
  • TABLE 11: World Recent Past, Current & Future Analysis for Copper by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 12: World Historic Review for Copper by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2017 through 2022 and % CAGR
  • TABLE 13: World 13-Year Perspective for Copper by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2017, 2024 & 2030
  • TABLE 14: World Recent Past, Current & Future Analysis for Aluminum by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 15: World Historic Review for Aluminum by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2017 through 2022 and % CAGR
  • TABLE 16: World 13-Year Perspective for Aluminum by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2017, 2024 & 2030
  • TABLE 17: World Recent Past, Current & Future Analysis for Industrial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 18: World Historic Review for Industrial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2017 through 2022 and % CAGR
  • TABLE 19: World 13-Year Perspective for Industrial by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2017, 2024 & 2030
  • TABLE 20: World Recent Past, Current & Future Analysis for Commercial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 21: World Historic Review for Commercial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2017 through 2022 and % CAGR
  • TABLE 22: World 13-Year Perspective for Commercial by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2017, 2024 & 2030
  • TABLE 23: World Recent Past, Current & Future Analysis for Residential by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 24: World Historic Review for Residential by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2017 through 2022 and % CAGR
  • TABLE 25: World 13-Year Perspective for Residential by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2017, 2024 & 2030
  • TABLE 26: World Recent Past, Current & Future Analysis for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 27: World Historic Review for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2017 through 2022 and % CAGR
  • TABLE 28: World 13-Year Perspective for Other End-Uses by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2017, 2024 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • Busbar Trunking Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
CANADAJAPANCHINA
EUROPE
  • Busbar Trunking Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
FRANCEGERMANYITALYUNITED KINGDOMSPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Busbar Trunking Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
AUSTRALIAINDIASOUTH KOREAREST OF ASIA-PACIFICLATIN AMERICAARGENTINABRAZILMEXICOREST OF LATIN AMERICAMIDDLE EASTIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTAFRICAIV. COMPETITION

Companies Mentioned

  • Alfa Technologies Pvt Ltd (Alfaduct)
  • Anord Mardix Inc.
  • Aurubis AG
  • C&S Electric Limited
  • DBTS Industries Sdn Bhd
  • EAE Elektrik A.S.
  • Eaton Corporation plc
  • GERSAN ELEKTRIK AS
  • Godrej & Boyce Mfg. Co. Ltd.
  • GRAZIADIO & C. S.P.A.
  • JRC Powertech
  • KDH Engineering Ltd.
  • L&T Electrical and Automation
  • LEGRAND SA
  • Maan Engineering Ltd
  • MEGABARRE EUROPE SRL
  • NOVA Limited
  • Power Plug Busduct Sdn. Bhd.
  • Rittal GmbH & Co. KG
  • Schneider Electric SE
  • Siemens AG
  • Vass Electrical Industries
  • VMtec Maschinen- und Anlagenbau GmbH
  • ZHENDA Complete Sets of Electric Equipment Co., Ltd.

Table Information