Middle East And Africa Copper Busbar Market: Forecast Analysis 2024-2032

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $1,500	110 Pages	Triton Market Research	June, 2024	TRTN18941477

Best Price Guarantee
Price	from $1,500
Length	110 Pages
Publisher	Triton Market Research
Published Date	June, 2024
SKU	TRTN18941477

Middle East And Africa Copper Busbar Market: Forecast Analysis 2024-2032

Triton’s analysis estimated that the Middle East and Africa copper busbar market is set to garner revenue at 4.89% CAGR over the forecast years 2024-2032.

In the automotive sector, vehicle assembly relies heavily on inner circuits, batteries, and switchboards, all of which utilize copper busbars. Major automobile manufacturers from developed countries, such as General Motors (GM) and Ford, are exploring the Middle East region, intending to launch electric vehicles in 2024-2025. In this regard, UAE collaborated with Einride, an autonomous electric trucking company, to develop the region’s largest electric truck fleet over the next 5 years. Similarly, Middle Eastern countries are witnessing prominent market growth as copper busbars are crucial components in the services, manufacturing, energy, and transportation industries.

The countries examined in this region include United Arab Emirates, Saudi Arabia, Turkey, South Africa, and Rest of Middle East & Africa.

South Africa leads with the highest market share, accounting for $157.37 million in 2023.

The UN Economic Commission for Africa (ECA) stated that over 75% of the country’s GDP is generated by metropolitan and large urban municipalities. With an annual urban growth rate of 3.4%, it is projected that half of the continent’s population will reside in cities by 2035.

As cities expand and industries flourish, the increased demand for electricity requires reliable power distribution systems. Such positive trends of urbanization in South Africa have driven the growth of the copper busbar market.

In support of the Power Africa Initiative, USAID is assisting the South African government in its efforts to transition 42% of its power sector to non-fossil fuel sources by 2030.

Copper busbars are capable of handling high current loads, which makes it ideal for renewable energy applications where large amounts of electricity need to be transmitted efficiently and safely.

Copper Busbar Market Trends in Saudi Arabia

As per news reports, Saudi Arabia aims to install 50,000 domestic charging stations by 2025. The increasing adoption of EVs globally fuels the demand for copper busbars, which are then utilized in motors, batteries, inverters, wiring, and charging stations for electric vehicles. Additionally, Saudi Arabia’s Vision 2030 plans to raise homeownership to 70% by this decade. This objective supports the expansion of the construction sector, subsequently boosting the demand for copper busbars for residential purposes.

The market segments for copper busbar consist of deployment, vertical, application, and type. The type segment includes ETP (Electrolytic Tough Pitch copper busbar), oxygen-free copper busbars, and other types. ETP copper busbars are ideal for extreme heat and cold environments due to their temperature resilience and corrosion resistance. They offer superior conductivity, second only to silver, as well as excellent tensile strength, elongation, and a shiny appearance. Available in plates, rods, sheets, and rectangular or square bars, they are suitable for both outdoor and indoor applications.

Contender Analysis in the Copper Busbar Market:

Oriental Copper is a leading high-conductivity copper busbar and copper fabricated products manufacturer. The copper material offered by the company is able to achieve an electrical conductivity of 101% IACS. It has mechanical properties suitable for many applications in the electrical energy and electronic industry. Its manufacturing plant is situated in Chon-buri, Thailand. The company provides several value-added copper products to different parts of the world, including the European countries and the Middle East.

In 2023, DUBAL Holding, the Dubai Government’s investment arm, signed an MoU with Oriental Copper Ltd to manufacture high-quality copper products in the UAE. This partnership aims to produce ETP and oxygen-free copper busbars, strips, sheets/tapes, profiles, alloys, and magnet wires through a production unit with an annual capacity of 30,000 MT of copper processing.

Some other notable contenders in the copper busbar market include Aurubis AG, Schneider Electric Se, Gindre Duchavany SA, Eaton Corporation PLC, ABB Ltd, Oriental Copper Ltd, Luvata, Rittal Gmbh & Co Kg, Siemens AG, and Promet AG.

1. Middle East And Africa Copper Busbar Market - Summary
2. Industry Outlook: 2.1. Impact Analysis On The Copper Busbar Market; 2.1.1. Covid-19 Impact On The Copper Busbar Market; 2.2. Porter’s Five Forces Analysis; 2.2.1. Threat Of New Entrants; 2.2.2. Threat Of Substitutes; 2.2.3. Bargaining Power Of Buyers; 2.2.4. Bargaining Power Of Suppliers; 2.2.5. Threat Of Competitive Rivalry; 2.3. Key Buying Impact Analysis; 2.3.1. Cost Effectiveness; 2.3.2. Application; 2.3.3. Efficiency; 2.3.4. Reliability; 2.4. Supply Chain Analysis; 2.4.1. Mining And Refining; 2.4.2. Manufacturing; 2.4.3. Distribution And Sales; 2.4.4. End-use And Application; 2.5. Market Attractiveness Index; 2.6. Key Market Strategies; 2.6.1. Collaborations; 2.6.2. Product Launches; 2.6.3. Investments & Expansions; 2.7. Market Drivers; 2.7.1. Investments In Transmission & Distribution Infrastructure; 2.7.2. Growth Of Construction Activities; 2.7.3. Rising Utility In Industrial, Electrical, And Urbanization Purposes; 2.8. Market Challenges; 2.8.1. Fluctuations In Raw Material Prices; 2.8.2. Competition From Other Cheaper Materials, Such As Aluminium Busbars; 2.9. Market Opportunities; 2.9.1. Copper Busbar Provides Longer Lifespan; 2.9.2. Emerging Switchgear And Energy & Power Markets; 2.10. Analyst Perspective
3. Middle East And Africa Copper Busbar Market – By Type: 3.1. Etp (Electrolytic Tough Pitch Copper Busbar); 3.2. Oxygen-free Copper Busbars; 3.3. Other Types
4. Middle East And Africa Copper Busbar Market – By Deployment: 4.1. Industrial; 4.2. Commercial; 4.3. Residential
5. Middle East And Africa Copper Busbar Market – By Application: 5.1. Power Distribution Panels; 5.2. Switchboards; 5.3. Transformers; 5.4. Bus Ducts; 5.5. Heat Sinks; 5.6. Motors & Generators; 5.7. Other Applications
6. Middle East And Africa Copper Busbar Market – By Vertical: 6.1. Electrical Utilities; 6.2. Telecommunication; 6.3. Data Centres; 6.4. Automotive & Transportation; 6.5. Other Verticals
7. Middle East And Africa Copper Busbar Market – By Country Outlook: 7.1. Middle East And Africa; 7.1.1. Country Analysis; 7.1.1.1. United Arab Emirates; 7.1.1.1.1. United Arab Emirates Copper Busbar Market Forecast & Prospects; 7.1.1.2. Saudi Arabia; 7.1.1.2.1. Saudi Arabia Copper Busbar Market Forecast & Prospects; 7.1.1.3. Turkey; 7.1.1.3.1. Turkey Copper Busbar Market Forecast & Prospects; 7.1.1.4. South Africa; 7.1.1.4.1. South Africa Copper Busbar Market Forecast & Prospects; 7.1.1.5. Rest Of Middle East & Africa; 7.1.1.5.1. Rest Of Middle East & Africa Copper Busbar Market Forecast & Prospects
8. Competitive Landscape: 8.1. Eaton Corporation Plc; 8.1.1. Overview; 8.1.2. Product Portfolio; 8.1.3. Key Strength; 8.1.4. Key Challenge; 8.2. Siemens Ag; 8.2.1. Overview; 8.2.2. Product Portfolio; 8.2.3. Key Strength; 8.2.4. Key Challenge; 8.3. Schneider Electric Se; 8.3.1. Overview; 8.3.2. Product Portfolio; 8.3.3. Key Strengths; 8.3.4. Key Challenges; 8.4. Abb Ltd; 8.4.1. Overview; 8.4.2. Product Portfolio; 8.4.3. Key Strength; 8.4.4. Key Challenge; 8.5. Oriental Copper Ltd; 8.5.1. Overview; 8.5.2. Product Portfolio; 8.5.3. Key Strength; 8.5.4. Key Challenges; 8.6. Luvata; 8.6.1. Overview; 8.6.2. Product Portfolio; 8.6.3. Key Strength; 8.6.4. Key Challenge; 8.7. Rittal Gmbh & Co Kg; 8.7.1. Overview; 8.7.2. Product Portfolio; 8.7.3. Key Strength; 8.7.4. Key Challenges; 8.8. Aurubis Ag; 8.8.1. Overview; 8.8.2. Product Portfolio; 8.8.3. Key Strength; 8.8.4. Key Challenge; 8.9. Gindre Duchavany Sa; 8.9.1. Overview; 8.9.2. Product Portfolio; 8.9.3. Key Strengths; 8.9.4. Key Challenge; 8.10. Promet Ag; 8.10.1. Overview; 8.10.2. Product Portfolio; 8.10.3. Key Strength; 8.10.4. Key Challenge
9. Research Methodology & Scope: 9.1. Research Scope & Deliverables; 9.2. Sources Of Data; 9.3. Research Methodology
Tables List: Table 1: Middle East And Africa Copper Busbar Market, By Country Outlook, 2024-2032 (In $ Million); Table 2: List Of Collaborations; Table 3: List Of Product Launches; Table 4: List Of Investments & Expansions; Table 5: Middle East And Africa Copper Busbar Market, By Type, 2024-2032 (In $ Million); Table 6: Middle East And Africa Copper Busbar Market, By Deployment, 2024-2032 (In $ Million); Table 7: Middle East And Africa Copper Busbar Market, By Application, 2024-2032 (In $ Million); Table 8: Middle East And Africa Copper Busbar Market, By Vertical, 2024-2032 (In $ Million); Table 9: Middle East And Africa Copper Busbar Market, By Country Outlook, 2024-2032 (In $ Million)
Figures List: Figure 1: Key Buying Impact Analysis; Figure 2: Supply Chain Analysis; Figure 3: Market Attractiveness Index; Figure 4: Middle East And Africa Copper Busbar Market, By Type, 2023 & 2032 (In %); Figure 5: Middle East And Africa Copper Busbar Market, By Etp (Electrolytic Tough Pitch Copper Busbar), 2024-2032 (In $ Million); Figure 6: Middle East And Africa Copper Busbar Market, By Oxygen-free Copper Busbars, 2024-2032 (In $ Million); Figure 7: Middle East And Africa Copper Busbar Market, By Other Types, 2024-2032 (In $ Million); Figure 8: Middle East And Africa Copper Busbar Market, By Deployment, 2023 & 2032 (In %); Figure 9: Middle East And Africa Copper Busbar Market, By Industrial, 2024-2032 (In $ Million); Figure 10: Middle East And Africa Copper Busbar Market, By Commercial, 2024-2032 (In $ Million); Figure 11: Middle East And Africa Copper Busbar Market, By Residential, 2024-2032 (In $ Million); Figure 12: Middle East And Africa Copper Busbar Market, By Application, 2023 & 2032 (In %); Figure 13: Middle East And Africa Copper Busbar Market, By Power Distribution Panels, 2024-2032 (In $ Million); Figure 14: Middle East And Africa Copper Busbar Market, By Switchboards, 2024-2032 (In $ Million); Figure 15: Middle East And Africa Copper Busbar Market, By Transformers, 2024-2032 (In $ Million); Figure 16: Middle East And Africa Copper Busbar Market, By Bus Ducts, 2024-2032 (In $ Million); Figure 17: Middle East And Africa Copper Busbar Market, By Heat Sinks, 2024-2032 (In $ Million); Figure 18: Middle East And Africa Copper Busbar Market, By Motors & Generators, 2024-2032 (In $ Million); Figure 19: Middle East And Africa Copper Busbar Market, By Other Applications, 2024-2032 (In $ Million); Figure 20: Middle East And Africa Copper Busbar Market, By Vertical, 2023 & 2032 (In %); Figure 21: Middle East And Africa Copper Busbar Market, By Electrical Utilities, 2024-2032 (In $ Million); Figure 22: Middle East And Africa Copper Busbar Market, By Telecommunication, 2024-2032 (In $ Million); Figure 23: Middle East And Africa Copper Busbar Market, By Data Centres, 2024-2032 (In $ Million); Figure 24: Middle East And Africa Copper Busbar Market, By Automotive & Transportation, 2024-2032 (In $ Million); Figure 25: Middle East And Africa Copper Busbar Market, By Other Verticals, 2024-2032 (In $ Million); Figure 26: Middle East And Africa Copper Busbar Market, By Country Outlook, 2023 & 2032 (In %); Figure 27: United Arab Emirates Copper Busbar Market 2024-2032 (In $ Million); Figure 28: Saudi Arabia Copper Busbar Market 2024-2032 (In $ Million); Figure 29: Turkey Copper Busbar Market 2024-2032 (In $ Million); Figure 30: South Africa Copper Busbar Market 2024-2032 (In $ Million); Figure 31: Rest Of Middle East & Africa Copper Busbar Market 2024-2032 (In $ Million)