Global Bus Duct Market Growth 2023-2029

Global Bus Duct Market Growth 2023-2029

In electric power distribution, a bus duct (also called busway), is a sheet metal duct containing either copper or aluminium busbars for the purpose of conducting a substantial current of electricity. Bus duct, is an electrical power supply distribution system that seamlessly distributes power from one end of the building to another. A key advantage of busway is its flexibility and adaptability to a wide range of requirements. It is widely used in industrial buildings, commercial building, civil building etc.
LPI (LP Information)' newest research report, the “Bus Duct Industry Forecast” looks at past sales and reviews total world Bus Duct sales in 2022, providing a comprehensive analysis by region and market sector of projected Bus Duct sales for 2023 through 2029. With Bus Duct sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Bus Duct industry.
This Insight Report provides a comprehensive analysis of the global Bus Duct landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Bus Duct portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Bus Duct market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Bus Duct and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Bus Duct.
The global Bus Duct market size is projected to grow from US$ 9909.7 million in 2022 to US$ 17430 million in 2029; it is expected to grow at a CAGR of 17430 from 2023 to 2029.
The main manufacturers of Global Bus Duct include Schneider Electric, Siemens, ABB, Eaton, etc. These top four manufacturers hold a market share about 30%. Europe is the main production region in the world. In terms of application, the product is mainly used in commercial building, followed by industrial building.
This report presents a comprehensive overview, market shares, and growth opportunities of Bus Duct market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
BMC (Air Splicing Bus Duct)
CMC (Intensive Insulation Plug Bus Duct)
CFW (Higher Strength Enclosed Bus Duct)
Segmentation by application
Industrial Building
Commercial Building
Civil Building
Other Application
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Schneider Electric
Siemens
ABB
Eaton
LS Cable
Legrand
DBTS Ind
Godrej & Boyce
Furukawa Electric
Powell
Honeywell
Dynamic Electrical
PPB
KYODO KY-TEC Corp.
Amppelec
Huapeng Group
WETOWN
Dasheng Microgrid
WOER
BYE
Guangle Electric
Baosheng
Hanhe Cable
SWCC SHOWA HOLDINGS
Key Questions Addressed in this Report
What is the 10-year outlook for the global Bus Duct market?
What factors are driving Bus Duct market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Bus Duct market opportunities vary by end market size?
How does Bus Duct break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.