Market Overview:
The global copper busbar and profiles market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for copper busbars and profiles in various applications, such as transformers, switchgear, control panels and distribution boards, among others. In addition, the growing demand for renewable energy sources is also contributing to the growth of the market. On the basis of type, copper busbars accounted for a larger share of the global copper busbar and profiles market in 2017. This can be attributed to their high electrical conductivity as well as thermal conductivity properties when compared with other types of metal bars or wires used for electrical wiring purposes. On account of these properties, copper busbars are increasingly being used in various end-use applications that require efficient power transmission and distribution systems. Based on application, transformers held a major share of the global Copper Busbar & Profiles Market in 2017 owing to their widespread use across different industries for power transmission purposes. In addition, rising investments towards modernization initiatives across different sectors is also propelling demand for transformer units globally thereby fueling growth prospects for this segment over forecast period (2018-2030).
Product Definition:
A copper busbar is a metal bar or strip used to carry electrical current. It is commonly made of copper, but may also be made of other metals such as aluminum. Copper busbars are often used in electrical power distribution systems to connect power transformers, switchgear, and circuit breakers. They may also be used as the main grounding conductor for an electrical system.
Copper Busbar:
Copper busbar is a metal bar of circular cross-section, which is used in electrical applications. It consists of one or more conductors that are usually made from copper. Busbar can be further segmented into two types namely primary and secondary busbars. Primary busbars are generally shorter than secondary ones and are placed closer to the equipment or device to be powered; whereas secondary ones act as an extension to power distribution system and located at greater distances from the source.
Copper Profiles:
Copper busbar and profiles market is expected to grow at a significant rate owing to its increasing demand in the electrical industry. The copper busbar and profiles are widely used in transmission & distribution of electricity. It offers high mechanical strength, corrosion resistance, thermal conductivity, flexibility for aesthetic designs along with low weight which makes it suitable for various applications such as power generation plants, substations etc.
The global copper busbar.
Application Insights:
The others application segment includes electrical equipment, appliances and consumer electronics. The use of copper busbar and profiles in electrical equipment, appliances and consumer electronics is expected to witness significant growth over the forecast period owing to their high thermal conductivity. This enables efficient heat dissipation from the source generating the heat to be dissipated through Copper Busbar or Profiles thus making them suitable for such applications.
Transformers was the largest application segment accounting for a share of 37% in 2017 owing to its wide usage across various industries including power generation, transmission & distribution as well as oil & gas among others. Copper Busbar and profiles are used in transformer cores which help improve overall efficiency by increasing power factor along with providing better mechanical strength than steel bars do at a lower weight cost.
Regional Analysis:
Asia Pacific dominated the global copper busbar and profiles market in 2016. The region is expected to witness high demand for the product over the forecast period owing to rapid industrialization, growing population, and increasing electricity consumption across emerging economies such as China, India, Indonesia, Vietnam among others.
The Asia Pacific regional market accounted for a revenue share of more than 35% in 2016 owing to large scale investments made by governments of countries such as China and India towards infrastructure development coupled with rising consumer demand for electric vehicles is expected to drive industry growth over the next eight years.
Europe was estimated at USD X billion in 2016 and is anticipated to grow at a significant rate over the forecast period on account of increasing application scope across switchgears along with distribution boards used in commercial buildings including shopping malls & restaurants among others which require higher safety standards are projected positively impact industry growth during this time frame. North America also held a considerable share due its presence across key manufacturers namely ABB Ltd.
Growth Factors:
- Increasing demand from the electrical and electronics industry for copper busbar and profiles as these are used in various applications such as power distribution, grounding, signal transmission, and motor control
- Rising investment in infrastructure development projects across the globe which is expected to lead to an increase in demand for copper busbar and profiles over the forecast period
- Growing popularity of electric vehicles due to environmental concerns is anticipated to boost the market growth for copper busbar and profiles over the next few years
- Proliferation of smart grids across major economies is likely to create new opportunities for market players operating in this space
- Stringent government regulations pertaining to energy efficiency are projected to propel adoption of copper busbar and profiles products globally
Scope Of The Report
Report Attributes
Report Details
Report Title
Copper Busbar and Profiles Market Research Report
By Type
Copper Busbar, Copper Profiles
By Application
Transformers, Switchgear, Control Panels and Distribution Board, Others
By Companies
Oriental Copper, Pentair, Gindre, Schneider, Watteredge, Luvata, Aurubis, Gonda Metal, Metal Gems, Gonda Metal, Oriental Copper, Storm Power Components
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
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Copper Busbar and Profiles Market Report Segments:
The global Copper Busbar and Profiles market is segmented on the basis of:
Types
Copper Busbar, Copper Profiles
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
Transformers, Switchgear, Control Panels and Distribution Board, Others
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:
- Oriental Copper
- Pentair
- Gindre
- Schneider
- Watteredge
- Luvata
- Aurubis
- Gonda Metal
- Metal Gems
- Gonda Metal
- Oriental Copper
- Storm Power Components
Highlights of The Copper Busbar and Profiles 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:
- Copper Busbar
- Copper Profiles
- By Application:
- Transformers
- Switchgear
- Control Panels and Distribution Board
- Others
- 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 Copper Busbar and Profiles 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
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- 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?
Copper busbar is a type of electrical conductor used in high-voltage power transmission systems. It consists of a number of copper wires twisted together, with each wire supported by an insulating bushing. The busbars are connected to one another and to the ground at intervals along the power line.
Some of the key players operating in the copper busbar and profiles market are Oriental Copper, Pentair, Gindre, Schneider, Watteredge, Luvata, Aurubis, Gonda Metal, Metal Gems, Gonda Metal, Oriental Copper, Storm Power Components.
The copper busbar and profiles market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Copper Busbar and Profiles 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 Copper Busbar and Profiles Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Copper Busbar and Profiles 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 Copper Busbar and Profiles 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 Copper Busbar and Profiles Market Size & Forecast, 2020-2028
4.5.1 Copper Busbar and Profiles Market Size and Y-o-Y Growth
4.5.2 Copper Busbar and Profiles Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Copper Busbar
5.2.2 Copper Profiles
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Transformers
6.2.2 Switchgear
6.2.3 Control Panels and Distribution Board
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Copper Busbar and Profiles 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 Copper Busbar and Profiles 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Copper Busbar
9.6.2 Copper Profiles
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 Market Size Forecast by Applications
9.10.1 Transformers
9.10.2 Switchgear
9.10.3 Control Panels and Distribution Board
9.10.4 Others
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Copper Busbar
10.6.2 Copper Profiles
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 Market Size Forecast by Applications
10.10.1 Transformers
10.10.2 Switchgear
10.10.3 Control Panels and Distribution Board
10.10.4 Others
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Copper Busbar
11.6.2 Copper Profiles
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 Market Size Forecast by Applications
11.10.1 Transformers
11.10.2 Switchgear
11.10.3 Control Panels and Distribution Board
11.10.4 Others
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Copper Busbar
12.6.2 Copper Profiles
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 Market Size Forecast by Applications
12.10.1 Transformers
12.10.2 Switchgear
12.10.3 Control Panels and Distribution Board
12.10.4 Others
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Copper Busbar
13.6.2 Copper Profiles
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) Market Size Forecast by Applications
13.10.1 Transformers
13.10.2 Switchgear
13.10.3 Control Panels and Distribution Board
13.10.4 Others
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 Copper Busbar and Profiles Market: Competitive Dashboard
14.2 Global Copper Busbar and Profiles Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Oriental Copper
14.3.2 Pentair
14.3.3 Gindre
14.3.4 Schneider
14.3.5 Watteredge
14.3.6 Luvata
14.3.7 Aurubis
14.3.8 Gonda Metal
14.3.9 Metal Gems
14.3.10 Gonda Metal
14.3.11 Oriental Copper
14.3.12 Storm Power Components
