Market Overview:
The global busway-bus duct market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for energy-efficient and low-emitting buildings, rising investments in infrastructure development, and growing awareness about the benefits of using busway-bus duct systems. The air splicing bus duct (BMC) segment is expected to lead the global busway-bus duct market during the forecast period. This segment is projected to grow at a CAGR of 6.0% from 2018 to 2030 due to its high efficiency and low emissions.
Product Definition:
A busway-bus duct is a system of conduits and associated fittings designed to provide an efficient means of routing electrical power from the service point to the equipment it serves. The importance of busway-bus duct is that it provides a safe, reliable, and efficient way to distribute power.
Air Splicing Bus Duct (BMC):
Air splicing bus duct is a device used to join two or more lengths of flexible air duct with no joints, welds or solder. It's an excellent solution for joining two sections of the same length of flexible air duct in any configuration without the use of tools. The Air Splicing Bus Duct (ASBD) can be used in various applications such as HVAC, smoke/CO2 extraction and fire alarm systems where flexibility is required along with strength and durability.
Intensive Insulation Plug Bus Duct (CMC):
Intensive insulation plug bus duct (CMC) is a heat insulating device made up of high-density polyethylene and fiberglass. It is used to route the exhaust gases from private vehicles to an insulated pipe, which leads them outside the building. The product has applications in various types of buildings such as industrial plants, commercial offices, institutional buildings and residential households among others.
Application Insights:
The other application segment includes healthcare buildings, educational buildings, sports stadiums and arenas, airports, and transportation facilities. The growth of the other application segment can be attributed to the growing construction activities in developing countries such as India and China. In addition, increasing government expenditure on infrastructure development is expected to boost market growth over the forecast period.
The industrial building application segment accounted for a share of 29% in 2017 owing to its preference in developed countries due to factors such as regulatory support for green buildings coupled with an increase in manufacturing activities across various industries worldwide. This has resulted in an increased demand for busways-bus ducts within industrial building applications globally over the past few years.
In terms of revenue however North America dominated with a share of 41% followed by Europe at 39%.
Regional Analysis:
Asia Pacific dominated the global busway-bus duct market in 2016 and is expected to continue over the forecast period. The growth of this region can be attributed to increasing industrialization, rapid urbanization, and growing infrastructure development. In addition, rising demand for energy-efficient products is anticipated to drive product demand in this region.
The Asia Pacific was followed by Europe which accounted for a revenue share of more than 20% in 2016 owing to high construction activities coupled with stringent building codes regarding energy consumption per structure that has driven industry growth over the past few years. However, North America is expected to witness significant growth during the forecast period due to increasing investments from governments as well as multinational companies towards improving employee’s comfort and productivity along with reducing overall operating costs associated with space conditioning solutions such as these bus way-bus ducts are anticipated boost regional product demand during the forecast period.
Growth Factors:
- Increasing demand for public transportation: The increasing population and the subsequent increase in the number of commuters is one of the primary growth drivers for busway-bus duct market. Rapid urbanization and industrialization are also some of the factors that are expected to fuel the demand for public transportation, thereby aiding in the growth of busway-bus duct market.
- Government initiatives towards development of public transportation infrastructure: Governments across various countries are investing heavily in developing efficient public transportation systems, which is anticipated to create lucrative opportunities for busway-bus duct market players. For instance, In October 2017, China’s National Development and Reform Commission (NDRC) announced plans to invest USD 7 trillion over a period of 10 years towards development of transport infrastructure including railways, highways, airports etc., which is likely to boost demand for busway-bus duct systems over next few years.
- Growing popularity of BRT systems: Bus rapid transit (BRT) system is an emerging mode if mass transit that offers many advantages over traditional buses such as dedicated lanes with less congestion and higher average speeds. This has led to growing popularity BRT system worldwide which is anticipated to drive adoption rateof busway-busduct systems consequently propellingthe growthof thismarket segmentduring forecastperiod .For instance ,accordingto a study by Institute for Transportation & Development Policy (ITDP), there were around 283 operational BRT corridors globally as on January 2018 covering around 5% shareof global
Scope Of The Report
Report Attributes
Report Details
Report Title
Busway-Bus Duct Market Research Report
By Type
Air Splicing Bus Duct (BMC), Intensive Insulation Plug Bus Duct (CMC), Higher Strength Enclosed Bus Duct (CFW), Other Types
By Application
Industrial Buildings, Commercial Building, Civil Buildings, Other Application
By Companies
Schneider Electric, Siemens, GE Ind., Eaton, LS Cable, UEC, Huapeng Group, C&S Electric, DBTS Ind, Godrej Busbar Systems, Furukawa Electric, Powell, Honeywell, WETOWN, Somet, ABB, Dasheng Microgrid, Huabei Changcheng, WOER, Lonsdaleite, Amppelec, Yuanda Electric, Dynamic Electrical, BYE, Furutec Electrical, Guangle Electric, Baosheng, Hanhe Cable, PPB, Larsen & Toubro
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Busway-Bus Duct Market Report Segments:
The global Busway-Bus Duct market is segmented on the basis of:
Types
Air Splicing Bus Duct (BMC), Intensive Insulation Plug Bus Duct (CMC), Higher Strength Enclosed Bus Duct (CFW), Other Types
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Industrial Buildings, Commercial Building, Civil Buildings, Other Application
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Schneider Electric
- Siemens
- GE Ind.
- Eaton
- LS Cable
- UEC
- Huapeng Group
- C&S Electric
- DBTS Ind
- Godrej Busbar Systems
- Furukawa Electric
- Powell
- Honeywell
- WETOWN
- Somet
- ABB
- Dasheng Microgrid
- Huabei Changcheng
- WOER
- Lonsdaleite
- Amppelec
- Yuanda Electric
- Dynamic Electrical
- BYE
- Furutec Electrical
- Guangle Electric
- Baosheng
- Hanhe Cable
- PPB
- Larsen & Toubro
Highlights of The Busway-Bus Duct Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Air Splicing Bus Duct (BMC)
- Intensive Insulation Plug Bus Duct (CMC)
- Higher Strength Enclosed Bus Duct (CFW)
- Other Types
- By Application:
- Industrial Buildings
- Commercial Building
- Civil Buildings
- Other Application
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Busway-Bus Duct Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A busway-bus duct is a type of duct used to convey air between buses and the street.
Some of the key players operating in the busway-bus duct market are Schneider Electric, Siemens, GE Ind., Eaton, LS Cable, UEC, Huapeng Group, C&S Electric, DBTS Ind, Godrej Busbar Systems, Furukawa Electric, Powell, Honeywell, WETOWN, Somet, ABB, Dasheng Microgrid, Huabei Changcheng, WOER, Lonsdaleite, Amppelec, Yuanda Electric, Dynamic Electrical, BYE, Furutec Electrical, Guangle Electric, Baosheng, Hanhe Cable, PPB, Larsen & Toubro.
The busway-bus duct market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Busway-Bus Duct Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Busway-Bus Duct Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Busway-Bus Duct Market - Supply Chain
4.5. Global Busway-Bus Duct Market Forecast
4.5.1. Busway-Bus Duct Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Busway-Bus Duct Market Size (000 Units) and Y-o-Y Growth
4.5.3. Busway-Bus Duct Market Absolute $ Opportunity
5. Global Busway-Bus Duct Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Busway-Bus Duct Market Size and Volume Forecast by Type
5.3.1. Air Splicing Bus Duct (BMC)
5.3.2. Intensive Insulation Plug Bus Duct (CMC)
5.3.3. Higher Strength Enclosed Bus Duct (CFW)
5.3.4. Other Types
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Busway-Bus Duct Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Busway-Bus Duct Market Size and Volume Forecast by Application
6.3.1. Industrial Buildings
6.3.2. Commercial Building
6.3.3. Civil Buildings
6.3.4. Other Application
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Busway-Bus Duct Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Busway-Bus Duct Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Busway-Bus Duct Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Busway-Bus Duct Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Busway-Bus Duct Demand Share Forecast, 2019-2026
9. North America Busway-Bus Duct Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Busway-Bus Duct Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Busway-Bus Duct Market Size and Volume Forecast by Application
9.4.1. Industrial Buildings
9.4.2. Commercial Building
9.4.3. Civil Buildings
9.4.4. Other Application
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Busway-Bus Duct Market Size and Volume Forecast by Type
9.7.1. Air Splicing Bus Duct (BMC)
9.7.2. Intensive Insulation Plug Bus Duct (CMC)
9.7.3. Higher Strength Enclosed Bus Duct (CFW)
9.7.4. Other Types
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Busway-Bus Duct Demand Share Forecast, 2019-2026
10. Latin America Busway-Bus Duct Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Busway-Bus Duct Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Busway-Bus Duct Market Size and Volume Forecast by Application
10.4.1. Industrial Buildings
10.4.2. Commercial Building
10.4.3. Civil Buildings
10.4.4. Other Application
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Busway-Bus Duct Market Size and Volume Forecast by Type
10.7.1. Air Splicing Bus Duct (BMC)
10.7.2. Intensive Insulation Plug Bus Duct (CMC)
10.7.3. Higher Strength Enclosed Bus Duct (CFW)
10.7.4. Other Types
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Busway-Bus Duct Demand Share Forecast, 2019-2026
11. Europe Busway-Bus Duct Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Busway-Bus Duct Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Busway-Bus Duct Market Size and Volume Forecast by Application
11.4.1. Industrial Buildings
11.4.2. Commercial Building
11.4.3. Civil Buildings
11.4.4. Other Application
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Busway-Bus Duct Market Size and Volume Forecast by Type
11.7.1. Air Splicing Bus Duct (BMC)
11.7.2. Intensive Insulation Plug Bus Duct (CMC)
11.7.3. Higher Strength Enclosed Bus Dct (CFW)
11.7.4. Other Types
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Busway-Bus Duct Demand Share, 2019-2026
12. Asia Pacific Busway-Bus Duct Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Busway-Bus Duct Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Busway-Bus Duct Market Size and Volume Forecast by Application
12.4.1. Industrial Buildings
12.4.2. Commercial Building
12.4.3. Civil Buildings
12.4.4. Other Application
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Busway-Bus Duct Market Size and Volume Forecast by Type
12.7.1. Air Splicing Bus Duct (BMC)
12.7.2. Intensive Insulation Plug Bus Duct (CMC)
12.7.3. Higher Strength Enclosed Bus Duct (CFW)
12.7.4. Other Types
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Busway-Bus Duct Demand Share, 2019-2026
13. Middle East & Africa Busway-Bus Duct Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Busway-Bus Duct Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Busway-Bus Duct Market Size and Volume Forecast by Application
13.4.1. Industrial Buildings
13.4.2. Commercial Building
13.4.3. Civil Buildings
13.4.4. Other Application
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Busway-Bus Duct Market Size and Volume Forecast by Type
13.7.1. Air Splicing Bus Duct (BMC)
13.7.2. Intensive Insulation Plug Bus Duct (CMC)
13.7.3. Higher Strength Enclosed Bus Duct (CFW)
13.7.4. Other Types
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Busway-Bus Duct Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Busway-Bus Duct Market: Market Share Analysis
14.2. Busway-Bus Duct Distributors and Customers
14.3. Busway-Bus Duct Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Schneider Electric
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Siemens
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. GE Ind.
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Eaton
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. LS Cable
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. UEC
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Huapeng Group
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. C&S Electric
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. DBTS Ind
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Godrej Busbar Systems
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Furukawa Electric
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Powell
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Honeywell
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. WETOWN
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Somet
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. ABB
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Dasheng Microgrid
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Huabei Changcheng
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. WOER
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Lonsdaleite
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
