Market Overview:
The global busway systems 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 reliable electrical distribution systems in commercial and industrial buildings. Additionally, the growing awareness about safety and security concerns has led to an increase in the adoption of busway systems across various applications. Based on type, cable ladders accounted for the largest share of the global busway systems market in 2017. This can be attributed to their ability to provide safe and efficient electrical distribution in large areas with limited space constraints.
Product Definition:
A busway is a road or path specifically designed for buses. Busways are common in Europe, where they often form the core of an efficient public transport system, and are also found in other places such as North America, Australia and Japan.
Cable Ladders:
Cable ladders are used to access power and communication cables in overhead installations. They are also used for accessing other utility services such as water, gas, and sewage. Cable ladders can be single or double wire or multi-strand (more than one wire). The type of cable ladder to use depends on the diameter of the wires & cable being worked on along with safety concerns.
Cable Trays:
Cable trays are used in busway systems for the protection of wires and cables from sharp turns, abrasion, and other damages. They also provide a safe passage for the maintenance personnel to perform necessary works inside the cable channel. The product is manufactured using high-quality materials that offer superior strength to weight ratio as well as durability.
Application Insights:
The other application segment includes institutional buildings, residential buildings and non-building applications. In 2017, the industrial building segment dominated the market with a share of over 60.0% in terms of revenue on account of increasing number of manufacturing units across the globe coupled with growing demand for improved safety and security at workplace areas has resulted in increased adoption busways systems in industrial buildings.
The commercial building segment is expected to witness significant growth over the forecast period owing to rising construction spending by businesses across developed as well as developing countries such as China, India Japan etc. The civil building application is anticipated to witness considerable growth over the forecast period owing to increasing government expenditure on infrastructure development which includes roads railway networks airports etc., leading to an increase in construction spending by civil authorities resulting in increased adoption busway systems among civil buildings worldwide.
Regional Analysis:
Asia Pacific dominated the global busway systems market in 2016 and is expected to continue its dominance over the next eight years. The growth of this region can be attributed to increasing infrastructure development, coupled with growing industrialization across emerging economies such as China, India, Japan and South Korea. Furthermore, rising government initiatives for developing smart cities are also anticipated to contribute towards regional growth. For instance; In October 2017; Government of India launched ‘Smart Cities Mission’ under which it plans to develop 100 smart cities by 2020 equipped with various facilities including high-speed internet connectivity for all citizens.
The Middle East & Africa is expected to grow at a significant rate over the forecast period owing to rapid urbanization resulting into increased construction activities in countries such as Saudi Arabia and UAE. Moreover; due consideration being given towards improving public transportation network within these countries will further boost industry expansion opportunities.
Growth Factors:
- Increasing demand for public transportation: The increasing population and the subsequent increase in the number of vehicles on the road has resulted in traffic congestion and pollution. This has led to an increased demand for public transportation, which is being met by busway systems.
- Government initiatives: Governments around the world are investing in busway systems as a part of their efforts to reduce traffic congestion and pollution levels. For instance, the government of London has announced plans to invest £3 billion in busway systems over the next five years.
- Technological advancements: Busway systems are becoming increasingly sophisticated with features such as smart cards, real-time information displays, and GPS tracking capabilities becoming common across different models of buses operating on these systems. This is attracting more consumers to use these services and is helping operators improve their efficiency and profitability margins.
Scope Of The Report
Report Attributes
Report Details
Report Title
Busway Systems Market Research Report
By Type
Cable Ladders, Cable Trays, Lighting Busways, Mesh Trays, Power Busways, Others
By Application
Industrial Buildings, Commercial Building, Civil Buildings, Other Application
By Companies
Schneider Electric, Siemens, ABB, Eaton, LS Cable, Legrand, DBTS Ind, Godrej & Boyce, Furukawa Electric, Powell, Honeywell, Dynamic Electrical, PPB, KYODO KY-TEC Corp., Amppelec, Huapeng Group, WETOWN, Dasheng Microgrid, WOER, BYE, Guangle Electric, Baosheng, Hanhe Cable
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
220
Number of Tables & Figures
154
Customization Available
Yes, the report can be customized as per your need.
Global Busway Systems Market Report Segments:
The global Busway Systems market is segmented on the basis of:
Types
Cable Ladders, Cable Trays, Lighting Busways, Mesh Trays, Power Busways, Others
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
- ABB
- Eaton
- LS Cable
- Legrand
- DBTS Ind
- Godrej & Boyce
- Furukawa Electric
- Powell
- Honeywell
- Dynamic Electrical
- PPB
- KYODO KY-TEC Corp.
- Amppelec
- Huapeng Group
- WETOWN
- Dasheng Microgrid
- WOER
- BYE
- Guangle Electric
- Baosheng
- Hanhe Cable
Highlights of The Busway Systems 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:
- Cable Ladders
- Cable Trays
- Lighting Busways
- Mesh Trays
- Power Busways
- Others
- 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 Systems 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.
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- Correctly Positioning New Products
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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?
Busway Systems is a bus rapid transit system in the United States. It is a type of light rail, and operates in the Washington D.C., Maryland, and Virginia metropolitan areas.
Some of the key players operating in the busway systems market are Schneider Electric, Siemens, ABB, Eaton, LS Cable, Legrand, DBTS Ind, Godrej & Boyce, Furukawa Electric, Powell, Honeywell, Dynamic Electrical, PPB, KYODO KY-TEC Corp., Amppelec, Huapeng Group, WETOWN, Dasheng Microgrid, WOER, BYE, Guangle Electric, Baosheng, Hanhe Cable.
The busway systems market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Busway Systems Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Busway Systems Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Busway Systems Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Busway Systems Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Busway Systems Market Size & Forecast, 2018-2028
4.5.1 Busway Systems Market Size and Y-o-Y Growth
4.5.2 Busway Systems Market Absolute $ Opportunity
Chapter 5 Global Busway Systems Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Busway Systems Market Size Forecast by Type
5.2.1 Cable Ladders
5.2.2 Cable Trays
5.2.3 Lighting Busways
5.2.4 Mesh Trays
5.2.5 Power Busways
5.2.6 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Busway Systems Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Busway Systems Market Size Forecast by Applications
6.2.1 Industrial Buildings
6.2.2 Commercial Building
6.2.3 Civil Buildings
6.2.4 Other Application
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Busway Systems Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Busway Systems Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Busway Systems Analysis and Forecast
9.1 Introduction
9.2 North America Busway Systems Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Busway Systems Market Size Forecast by Type
9.6.1 Cable Ladders
9.6.2 Cable Trays
9.6.3 Lighting Busways
9.6.4 Mesh Trays
9.6.5 Power Busways
9.6.6 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Busway Systems Market Size Forecast by Applications
9.10.1 Industrial Buildings
9.10.2 Commercial Building
9.10.3 Civil Buildings
9.10.4 Other Application
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Busway Systems Analysis and Forecast
10.1 Introduction
10.2 Europe Busway Systems Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Busway Systems Market Size Forecast by Type
10.6.1 Cable Ladders
10.6.2 Cable Trays
10.6.3 Lighting Busways
10.6.4 Mesh Trays
10.6.5 Power Busways
10.6.6 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Busway Systems Market Size Forecast by Applications
10.10.1 Industrial Buildings
10.10.2 Commercial Building
10.10.3 Civil Buildings
10.10.4 Other Application
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Busway Systems Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Busway Systems Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Busway Systems Market Size Forecast by Type
11.6.1 Cable Ladders
11.6.2 Cable Trays
11.6.3 Lighting Busways
11.6.4 Mesh Trays
11.6.5 Power Busways
11.6.6 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Busway Systems Market Size Forecast by Applications
11.10.1 Industrial Buildings
11.10.2 Commercial Building
11.10.3 Civil Buildings
11.10.4 Other Application
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Busway Systems Analysis and Forecast
12.1 Introduction
12.2 Latin America Busway Systems Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Busway Systems Market Size Forecast by Type
12.6.1 Cable Ladders
12.6.2 Cable Trays
12.6.3 Lighting Busways
12.6.4 Mesh Trays
12.6.5 Power Busways
12.6.6 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Busway Systems Market Size Forecast by Applications
12.10.1 Industrial Buildings
12.10.2 Commercial Building
12.10.3 Civil Buildings
12.10.4 Other Application
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Busway Systems Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Busway Systems Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Busway Systems Market Size Forecast by Type
13.6.1 Cable Ladders
13.6.2 Cable Trays
13.6.3 Lighting Busways
13.6.4 Mesh Trays
13.6.5 Power Busways
13.6.6 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Busway Systems Market Size Forecast by Applications
13.10.1 Industrial Buildings
13.10.2 Commercial Building
13.10.3 Civil Buildings
13.10.4 Other Application
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Busway Systems Market: Competitive Dashboard
14.2 Global Busway Systems Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Schneider Electric
14.3.2 Siemens
14.3.3 ABB
14.3.4 Eaton
14.3.5 LS Cable
14.3.6 Legrand
14.3.7 DBTS Ind
14.3.8 Godrej & Boyce
14.3.9 Furukawa Electric
14.3.10 Powell
14.3.11 Honeywell
14.3.12 Dynamic Electrical
14.3.13 PPB
14.3.14 KYODO KY-TEC Corp.
14.3.15 Amppelec
14.3.16 Huapeng Group
14.3.17 WETOWN
14.3.18 Dasheng Microgrid
14.3.19 WOER
14.3.20 BYE
14.3.21 Guangle Electric
14.3.22 Baosheng
14.3.23 Hanhe Cable
