The Global Busbar Trunking System Market was valued at USD 5.90 Billion in 2016 and is expected to grow at a CAGR of 6%, from 2017 to 2022.
Busbar trunking is basically a system consisting of a prefabricated power distribution system covered by a highly protective enclosure that includes components such as fittings, devices, straight lengths, elbows, and accessories. They have a wide range of applications in many industrial and commercial companies to provide an ideal, safe, secure and efficient distribution network system. A variety of industrial and complex infrastructures focus on efficient use of electricity due to stringent government rules and regulations. In addition, technological advances and operational efficiency are major attractive factors for end-users and affect the busbar trunking system market.
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A full report of the Global Busbar Trunking System Market is available at: https://www.orionmarketreports.com/busbar-trunking-system-2-market/59164/
Market Segments
By Conductor
- Copper
- Aluminum
By End-User
- Industrial
- Manufacturing
- Process
- Renewable Power Generation
- Commercial
- Large Residential
- Transportation
- Others (Public Infrastructure and IT/ITES)
By Power Rating
- Lighting Power Range
- Low Power Range
- Medium Power Range
- High Power Range
Key Players
Some of the key market participants reported in this study on the busbar trunking systems market are ABB, ALFA Technologies Pvt Ltd, Anord Mardix Inc., C&S Electric, DAVIS, DBTS Industries Sdn Bhd, DKC Europe s.r.l., DTM Elektroteknik A.S., Dynamic Electrical Sdn Bhd, E+I Engineering (Powerbar), EAE Elektrik, Eaton, Effibar, Elecsis Ltd., Energypac Power Generation Ltd.
Scope of the Report
The research study analyzes the global Busbar Trunking System industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Busbar Trunking System Market Report
1. What was the Busbar Trunking System Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Busbar Trunking System Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Busbar Trunking System Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Busbar Trunking System market.
- The market share of the global Busbar Trunking System market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Busbar Trunking System market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Busbar Trunking System market.
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