Market Overview:
The global copper busbar trunking system 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 busbar trunking systems from various end-use industries, such as industrial, manufacturing, process, renewable power generation, commercial and others. In terms of type, the lighting power range segment is projected to lead the global copper busbar trunking system market during the forecast period. This can be attributed to the increasing demand for LED lighting fixtures across various applications owing to their energy-efficiency and long life span as compared with traditional light sources.
Product Definition:
A copper busbar trunking system is a type of electrical wiring that uses copper bars to connect different parts of a circuit. This type of wiring is often used in large commercial or industrial settings where there is a lot of traffic and the need for quick and easy electrical connections. The importance of using this type of system lies in its ability to handle high levels of current without overheating, as well as its durability and resistance to corrosion.
Lighting Power Range:
Lighting power range is the difference between the high and low voltage that a lighting system can supply. The higher the voltage, the greater is its power. It mainly depends on how much electricity a country can generate from various sources like hydroelectricity, thermal, and nuclear power plants.
The copper busbar trunking system has been developed to transmit electricity over long distances using flexible copper cables; it's economical as compared to transmission lines of oil or gas pipelines.
Low Power Range:
Low power range is the lowest amount of current that can be safely used in any electrical device. In copper busbar trunking system low power rating means maximum capacity or amperage that can be safely handled by the devices connected to it.
In case of CBT systems, low power rating usually means high amperage (amps) range as these systems are designed for heavy loads and higher currents than normal household current could ever supply to an appliance.
Application Insights:
The industrial segment accounted for the largest revenue share in 2017 and is projected to continue its dominance over the forecast period. Copper busbar trunking system is widely used in industries such as oil & gas, power generation, manufacturing, etc. The robust construction of these systems ensure long-term performance and are an ideal solution for applications where space is a premium or limited supply of electricity supply.
Copper offers excellent electrical conductivity which makes it an ideal material for use in power distribution boards that distribute electricity across large areas within a plant or across several plants located at different locations within a country or region. These boards also have high thermal resistivity which helps reduce heat dissipation from the board itself thereby reducing energy consumption by 50%. These factors are likely to drive demand over the coming years.
Manufacturing was another key application segment that accounted for significant market share and was valued at USD 1,252 million in 2017 owing to increasing product installations at multiple facilities throughout North America.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand from end-users such as industrial, manufacturing, renewable power generation, and others. In addition, rising investments by governments for developing smart cities are also expected to drive copper busbar trunking system demand in Asia Pacific region.
The North America regional market accounted for a significant share owing to early adoption of these systems by major industries such as oil & gas industry and electric utility sector across U.S., Canada, and Mexico countries.
Growth Factors:
- Increasing demand for copper in the electrical and electronics industry as a result of its superior properties such as high thermal and electrical conductivity, corrosion resistance, and ductility.
- Growing investments in infrastructure development projects worldwide, which is expected to lead to an increase in demand for copper busbar trunking systems over the next few years.
- Rising awareness about the benefits of using copper busbar trunking systems among end-users, which is likely to boost market growth during the forecast period.
- The increasing popularity of green buildings across the globe is projected to fuel demand for energy-efficient copper busbar trunking systems in the near future. 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Copper Busbar Trunking System Market Research Report
By Type
Lighting Power Range, Low Power Range, Medium Power Range, High Power Range
By Application
Industrial, Manufacturing, Process, Renewable Power Generation, Commercial, Others
By Companies
ABB, Schneider Electric, Eaton Corporation, Larsen & Toubro, Siemens, General Electric, C&S Electric Limited, Legrand SA, Godrej & Boyce, ABB
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
162
Number of Tables & Figures
114
Customization Available
Yes, the report can be customized as per your need.
Global Copper Busbar Trunking System Market Report Segments:
The global Copper Busbar Trunking System market is segmented on the basis of:
Types
Lighting Power Range, Low Power Range, Medium Power Range, High Power Range
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, Manufacturing, Process, Renewable Power Generation, Commercial, 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:
- ABB
- Schneider Electric
- Eaton Corporation
- Larsen & Toubro
- Siemens
- General Electric
- C&S Electric Limited
- Legrand SA
- Godrej & Boyce
- ABB
Highlights of The Copper Busbar Trunking System 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:
- Lighting Power Range
- Low Power Range
- Medium Power Range
- High Power Range
- By Application:
- Industrial
- Manufacturing
- Process
- Renewable Power Generation
- Commercial
- 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 Trunking System 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
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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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?
Copper busbar trunking system is a type of electrical wiring system that uses copper wire to carry electric current. The copper wires are enclosed in a metal sheath, or trunk, which is then covered with insulation. This type of wiring system is often used in areas where it is difficult to install other types of electrical systems, such as near water or high-voltage lines.
Some of the major companies in the copper busbar trunking system market are ABB, Schneider Electric, Eaton Corporation, Larsen & Toubro, Siemens, General Electric, C&S Electric Limited, Legrand SA, Godrej & Boyce, ABB.
The copper busbar trunking system 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 Trunking System 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 Trunking System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Copper Busbar Trunking System 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 Trunking System 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 Trunking System Market Size & Forecast, 2020-2028
4.5.1 Copper Busbar Trunking System Market Size and Y-o-Y Growth
4.5.2 Copper Busbar Trunking System 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 Lighting Power Range
5.2.2 Low Power Range
5.2.3 Medium Power Range
5.2.4 High Power Range
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 Industrial
6.2.2 Manufacturing
6.2.3 Process
6.2.4 Renewable Power Generation
6.2.5 Commercial
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Copper Busbar Trunking System 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 Trunking System 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 Lighting Power Range
9.6.2 Low Power Range
9.6.3 Medium Power Range
9.6.4 High Power Range
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 Industrial
9.10.2 Manufacturing
9.10.3 Process
9.10.4 Renewable Power Generation
9.10.5 Commercial
9.10.6 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 Lighting Power Range
10.6.2 Low Power Range
10.6.3 Medium Power Range
10.6.4 High Power Range
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 Industrial
10.10.2 Manufacturing
10.10.3 Process
10.10.4 Renewable Power Generation
10.10.5 Commercial
10.10.6 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 Lighting Power Range
11.6.2 Low Power Range
11.6.3 Medium Power Range
11.6.4 High Power Range
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 Industrial
11.10.2 Manufacturing
11.10.3 Process
11.10.4 Renewable Power Generation
11.10.5 Commercial
11.10.6 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 Lighting Power Range
12.6.2 Low Power Range
12.6.3 Medium Power Range
12.6.4 High Power Range
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 Industrial
12.10.2 Manufacturing
12.10.3 Process
12.10.4 Renewable Power Generation
12.10.5 Commercial
12.10.6 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 Lighting Power Range
13.6.2 Low Power Range
13.6.3 Medium Power Range
13.6.4 High Power Range
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 Industrial
13.10.2 Manufacturing
13.10.3 Process
13.10.4 Renewable Power Generation
13.10.5 Commercial
13.10.6 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 Trunking System Market: Competitive Dashboard
14.2 Global Copper Busbar Trunking System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ABB
14.3.2 Schneider Electric
14.3.3 Eaton Corporation
14.3.4 Larsen & Toubro
14.3.5 Siemens
14.3.6 General Electric
14.3.7 C&S Electric Limited
14.3.8 Legrand SA
14.3.9 Godrej & Boyce
14.3.10 ABB
