Global Electrical Busbar Trunking System Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
Electrical Busbar Trunking System is the is a system of distributing electric power using copper or aluminium busbar with suitable enclosures and good amount of protection to prevent the cables from getting damaged due to foreign bodies.The busbar trunking system is a high-current trunk detachable power system, usually composed of a metal casing (iron or aluminum), conductors, insulating materials and related accessories. The busbar trunking system was first born in the United States, and after it was put into practical application in Japan, it has sprung up in developed countries and regions. In recent years, with the large-scale construction of infrastructure, the demand for electricity is also increasing, and the busbar trunking system has gradually become the standard power supply method for industrial factories, high-rise buildings, commercial complexes, rail transit and other places.
According to our (Global Info Research) latest study, the global Electrical Busbar Trunking System market size was valued at US$ 7557 million in 2023 and is forecast to a readjusted size of USD 11540 million by 2030 with a CAGR of 6.3% during review period.
Schneider Electric and Siemens are the top 2 companies in global electrical busbar trunking system market and account for over 20% of total market share. Geographically speaking, Asia-Pacific holds about 35% of global market share, followed by North America with about 30% share. In terms of type, aluminium segment holds an main share of about 65%. In terms of application, commercial segment accounts for about 45% of the global share.
This report is a detailed and comprehensive analysis for global Electrical Busbar Trunking System market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.
Key Features:
Global Electrical Busbar Trunking System market size and forecasts, in consumption value ($ Million), sales quantity (Km), and average selling prices (US$/m), 2019-2030
Global Electrical Busbar Trunking System market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Km), and average selling prices (US$/m), 2019-2030
Global Electrical Busbar Trunking System market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Km), and average selling prices (US$/m), 2019-2030
Global Electrical Busbar Trunking System market shares of main players, shipments in revenue ($ Million), sales quantity (Km), and ASP (US$/m), 2019-2024
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Electrical Busbar Trunking System
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Electrical Busbar Trunking System market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Schneider Electric, Siemens, ABB, Eaton, Legrand, LS Cable, E.A.E Elektrik, Vertiv, Godrej & Boyce, Anord Mardix, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Electrical Busbar Trunking System market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Aluminium Busbar Trunking Systems
Copper Busbar Trunking Systems
Market segment by Application
Industrial
Commercial
Residential
Transportation
Others
Major players covered
Schneider Electric
Siemens
ABB
Eaton
Legrand
LS Cable
E.A.E Elektrik
Vertiv
Godrej & Boyce
Anord Mardix
KYODO KY-TEC
Huapeng Group
Wetown Electric
TAIAN-ECOBAR
Dasheng Microgrid
Rittal
PPB
Zhuhai Guangle
Hanhe Cable
Shanghai Zhenda
Dynamic Electrical
Pogliano BusBar
Vass Electrical Industries
Baosheng
Graziadio
Megabarre
DTM Elektroteknik
DBTS Industries
Naxso
Gersan Elektrik
Norelco
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Electrical Busbar Trunking System product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Electrical Busbar Trunking System, with price, sales quantity, revenue, and global market share of Electrical Busbar Trunking System from 2019 to 2024.
Chapter 3, the Electrical Busbar Trunking System competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Electrical Busbar Trunking System breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Electrical Busbar Trunking System market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Electrical Busbar Trunking System.
Chapter 14 and 15, to describe Electrical Busbar Trunking System sales channel, distributors, customers, research findings and conclusion.