Global Busbar Market 2016-2020
About Busbar
A busbar is a metallic strip or bar capable of conducting electricity. It is an essential component of the electrical power grid that enables the grid to conduct electricity while reducing power loss simultaneously. The materials used for busbar construction and its dimensional specifications determine the maximum current it can safely conduct. Low power rating busbars are used in electrical systems of small-scale buildings or residential construction and warehouses. Medium power rated busbars are employed in electrical substations, while high power rated busbars are used in the smelting industry.
Technavio’s analysts forecast the global busbar market to grow at a CAGR of 5.44% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global busbar market for 2016-2020. To calculate the market size, the report considers the demand for busbars from different end-users.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Busbar Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• ABB
• Eaton
• Legrand
• Schneider Electric
• Siemens
Other prominent vendors
• Chint Electrics
• Mersen
• Power Products
• Rittal
• TE Connectivity
Market driver
• Demand from transportation industry
• For a full, detailed list, view our report
Market challenge
• Low demand from steel smelting industry
• For a full, detailed list, view our report
Market trend
• Rising solar power capacity
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
A busbar is a metallic strip or bar capable of conducting electricity. It is an essential component of the electrical power grid that enables the grid to conduct electricity while reducing power loss simultaneously. The materials used for busbar construction and its dimensional specifications determine the maximum current it can safely conduct. Low power rating busbars are used in electrical systems of small-scale buildings or residential construction and warehouses. Medium power rated busbars are employed in electrical substations, while high power rated busbars are used in the smelting industry.
Technavio’s analysts forecast the global busbar market to grow at a CAGR of 5.44% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global busbar market for 2016-2020. To calculate the market size, the report considers the demand for busbars from different end-users.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Busbar Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• ABB
• Eaton
• Legrand
• Schneider Electric
• Siemens
Other prominent vendors
• Chint Electrics
• Mersen
• Power Products
• Rittal
• TE Connectivity
Market driver
• Demand from transportation industry
• For a full, detailed list, view our report
Market challenge
• Low demand from steel smelting industry
• For a full, detailed list, view our report
Market trend
• Rising solar power capacity
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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