Global Copper Busbar Market Growth 2023-2029

Global Copper Busbar Market Growth 2023-2029

In electrical power distribution, a busbar (also spelled bus bar, or sometimes as buss bar or bussbar, with the term bus being a contraction of the Latin omnibus, "for all", is a metallic strip or bar (typically copper, brass or aluminium) that conducts electricity within a switchboard, distribution board, substation, battery bank, or other electrical apparatus. Busbar is an electrical conductor that carries large current, especially one that is part of a power distribution system; typically a thick strip, or a tube. Busbars are used to carry substantial electric currents over relatively short distances; their greater surface area (compared to a wire of the same weight) reduces losses due to corona discharge.

The material composition and cross-sectional size of the busbar determine the maximum amount of current that can be safely carried. Busbars can have a cross-sectional area of as little as 10 square millimetres (0.016 sq in), but electrical substations may use metal tubes 50 millimetres (2.0 in) in diameter (20 square millimetres (0.031 sq in)) or more as busbars.
LPI (LP Information)' newest research report, the “Copper Busbar Industry Forecast” looks at past sales and reviews total world Copper Busbar sales in 2022, providing a comprehensive analysis by region and market sector of projected Copper Busbar sales for 2023 through 2029. With Copper Busbar sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Copper Busbar industry.
This Insight Report provides a comprehensive analysis of the global Copper Busbar 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 Copper Busbar portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Copper Busbar market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Copper Busbar 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 Copper Busbar.
The global Copper Busbar market size is projected to grow from US$ 4503.9 million in 2022 to US$ 5200.1 million in 2029; it is expected to grow at a CAGR of 5200.1 from 2023 to 2029.
The major players in global Copper Busbar market include Pentair, Gindre, Luvata, etc. The top 3 players occupy about 25% shares of the global market. North America and Europe are main markets, they occupy about 55% of the global market. ETP (Electrolytic Tough Pitch Copper Busbar) is the main type, with a share about 60%. Commercial Buildings is the main application, which holds a share about 50%.
This report presents a comprehensive overview, market shares, and growth opportunities of Copper Busbar market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
ETP (Electrolytic Tough Pitch Copper Busbar)
OF (Oxygen-free Copper Busbar)
Others
Segmentation by application
Industrial Buildings
Commercial Buildings
Civil Buildings
Others
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.
Oriental Copper
Pentair
Gindre
Schneider
Watteredge
Luvata
Baotai
Metal Gems
Gonda Metal
EMS
Storm Power Components
Key Questions Addressed in this Report
What is the 10-year outlook for the global Copper Busbar market?
What factors are driving Copper Busbar market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Copper Busbar market opportunities vary by end market size?
How does Copper Busbar 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.