Global Busway-Bus Duct Market Growth 2023-2029

Global Busway-Bus Duct Market Growth 2023-2029

Bus duct is a closed metal device composed of copper and aluminum bus bars, which is used to distribute large power for each component of the distributed system. In the indoor low-voltage power transmission trunk project, more and more wires and cables have been replaced.
LPI (LP Information)' newest research report, the “Busway-Bus Duct Industry Forecast” looks at past sales and reviews total world Busway-Bus Duct sales in 2022, providing a comprehensive analysis by region and market sector of projected Busway-Bus Duct sales for 2023 through 2029. With Busway-Bus Duct sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Busway-Bus Duct industry.
This Insight Report provides a comprehensive analysis of the global Busway-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 Busway-Bus Duct portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Busway-Bus Duct market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Busway-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 Busway-Bus Duct.
The global Busway-Bus Duct market size is projected to grow from US$ 10250 million in 2022 to US$ 15430 million in 2029; it is expected to grow at a CAGR of 15430 from 2023 to 2029.
In terms of product type and technology, the products can be divided into Air Splicing Bus Duct (BMC), Intensive Insulation Plug Bus Duct (CMC) and Higher Strength Enclosed Bus Duct (CFW). Among them, Intensive Insulation Plug Bus Duct (CMC) occupies the main market, and the market share of output in 2019 is about 60%.
From the perspective of product market application, the products can be used in industrial buildings, commercial buildings, municipal buildings, etc., among which commercial buildings account for the largest proportion. In 2019, bus duct systems for commercial buildings account for about 52% of total production.
This report presents a comprehensive overview, market shares, and growth opportunities of Busway-Bus Duct market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Air Splicing Bus Duct (BMC)
Intensive Insulation Plug Bus Duct (CMC)
Higher Strength Enclosed Bus Duct (CFW)
Segmentation by application
Industrial Buildings
Commercial Building
Municipal Buildings
Other
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 & System
Starline (Legrand)
DBTS
Godrej & Boyce
Furukawa Electric
Powell Industries
Honeywell
Dynamic Electricals
PPB
KYODO KY-TEC Corp.
Hua Peng
Wetown
Dasheng Microgrid Technology
Woer
BYE Corporation
GUANGLE
Baosheng Group
Hanhe Cable
Key Questions Addressed in this Report
What is the 10-year outlook for the global Busway-Bus Duct market?
What factors are driving Busway-Bus Duct market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Busway-Bus Duct market opportunities vary by end market size?
How does Busway-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.