Market Overview:
The global enclosed conductor bar market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for overhead cranes, electric chain hoists, travelling machine beds and other applications across the globe. In terms of type, the PVC housing material segment is expected to lead the global enclosed conductor bar market during the forecast period owing to its low cost and easy installation. In terms of application, the overhead crane segment is projected to lead the global market during 2018-2030 due its growing demand from various end-use industries such as automotive, aerospace & defense and heavy engineering.
Product Definition:
An enclosed conductor bar is a metal bar that is used to carry electrical current. It is encased in a protective housing, which helps to prevent the spread of fire or sparks. Enclosed conductor bars are important because they can help to prevent fires and electrical accidents.
PVC Housing Material:
PVC housing material is a kind of plastic that can be easily molded into various shapes and sizes. It has excellent resistance to chemicals, high tensile strength, flexibility at low temperatures and good electrical & thermal properties. PVC is widely used in the production of housing for electric wires owing to its cost-effectiveness, durability and easy availability.
The global enclosed conductor bar (ECB) market size was valued at USD 817 million in 2015.
Aluminum Housing Material:
Aluminum housing material is used in enclosed conductor bar (eCB) market owing to its properties such as high conductivity, corrosion resistance, and lightweight. Aluminum is the most preferred metal for manufacturing of eCBs due to its properties such as lightweight and flexibility. It can be easily bent, formed, and cut into desired shapes which gives it an edge over other metals.
Application Insights:
The electric chain hoists application segment accounted for the largest revenue share in 2017 and is projected to grow at a CAGR of XX% over the forecast period. Electric chain hoists are widely used in construction, mining, material handling and other industries due to their ability to lift heavy loads with ease. The travelling machine beds application segment is also expected to witness significant growth during the forecast period owing to rising demand from various industries including oil & gas, cement manufacturing etc.
The overhead crane industry has witnessed tremendous growth over recent years as they offer flexibility in working hours along with higher lifting capacity than other types of cranes do.
Regional Analysis:
Asia Pacific dominated the global ECB 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 developing economies such as China, India, Japan and South Korea. In addition, rising construction activities due to growing urbanization are anticipated to fuel product demand in Asia Pacific during the forecast period.
The Middle East & Africa is projected to grow at a significant rate over the next eight years owing to rapid development taking place across major countries such as Saudi Arabia and UAE. In addition, oil & gas industry has witnessed an upsurge in investments from international companies owing tp high potential for petroleum reserves across these regions which will drive overall industry growth over the coming years.
Growth Factors:
- Increasing demand from the transportation sector for improved safety and efficiency
- Growing popularity of electric vehicles, which will require more enclosed conductor bars to transmit power
- Rising investment in infrastructure development, especially in developing countries
- Advances in technology that make enclosed conductor bars more efficient and compact
- Increased awareness of the benefits of using enclosed conductor bars among businesses and consumers
Scope Of The Report
Report Attributes
Report Details
Report Title
Enclosed Conductor Bar Market Research Report
By Type
PVC Housing Material, Aluminum Housing Material
By Application
Overhead Cranes, Electric Chain Hoists, Travelling Machine Beds, Other
By Companies
VAHLE, Niko Ltd, Conductix-Wampfler, Klifting Industrial CO.,LTD., Anand Systems Engineering, Columbus McKinnon Corporation, Wuxi Komay, VAHLE
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
140
Number of Tables & Figures
98
Customization Available
Yes, the report can be customized as per your need.
Global Enclosed Conductor Bar Market Report Segments:
The global Enclosed Conductor Bar market is segmented on the basis of:
Types
PVC Housing Material, Aluminum Housing Material
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
Overhead Cranes, Electric Chain Hoists, Travelling Machine Beds, Other
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:
- VAHLE
- Niko Ltd
- Conductix-Wampfler
- Klifting Industrial CO.,LTD.
- Anand Systems Engineering
- Columbus McKinnon Corporation
- Wuxi Komay
- VAHLE
Highlights of The Enclosed Conductor Bar 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:
- PVC Housing Material
- Aluminum Housing Material
- By Application:
- Overhead Cranes
- Electric Chain Hoists
- Travelling Machine Beds
- Other
- 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 Enclosed Conductor Bar 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?
An enclosed conductor bar is a metal or plastic bar that has been encased in a protective sheath. This type of electrical conductor is used to protect the wire it's attached to from being damaged by contact with other objects.
Some of the major companies in the enclosed conductor bar market are VAHLE, Niko Ltd, Conductix-Wampfler, Klifting Industrial CO.,LTD., Anand Systems Engineering, Columbus McKinnon Corporation, Wuxi Komay, VAHLE.
The enclosed conductor bar 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 Enclosed Conductor Bar 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 Enclosed Conductor Bar Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Enclosed Conductor Bar 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 Enclosed Conductor Bar 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 Enclosed Conductor Bar Market Size & Forecast, 2018-2028
4.5.1 Enclosed Conductor Bar Market Size and Y-o-Y Growth
4.5.2 Enclosed Conductor Bar Market Absolute $ Opportunity
Chapter 5 Global Enclosed Conductor Bar 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 Enclosed Conductor Bar Market Size Forecast by Type
5.2.1 PVC Housing Material
5.2.2 Aluminum Housing Material
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Enclosed Conductor Bar 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 Enclosed Conductor Bar Market Size Forecast by Applications
6.2.1 Overhead Cranes
6.2.2 Electric Chain Hoists
6.2.3 Travelling Machine Beds
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Enclosed Conductor Bar 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 Enclosed Conductor Bar 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 Enclosed Conductor Bar Analysis and Forecast
9.1 Introduction
9.2 North America Enclosed Conductor Bar 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 Enclosed Conductor Bar Market Size Forecast by Type
9.6.1 PVC Housing Material
9.6.2 Aluminum Housing Material
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 Enclosed Conductor Bar Market Size Forecast by Applications
9.10.1 Overhead Cranes
9.10.2 Electric Chain Hoists
9.10.3 Travelling Machine Beds
9.10.4 Other
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 Enclosed Conductor Bar Analysis and Forecast
10.1 Introduction
10.2 Europe Enclosed Conductor Bar 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 Enclosed Conductor Bar Market Size Forecast by Type
10.6.1 PVC Housing Material
10.6.2 Aluminum Housing Material
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 Enclosed Conductor Bar Market Size Forecast by Applications
10.10.1 Overhead Cranes
10.10.2 Electric Chain Hoists
10.10.3 Travelling Machine Beds
10.10.4 Other
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 Enclosed Conductor Bar Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Enclosed Conductor Bar 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 Enclosed Conductor Bar Market Size Forecast by Type
11.6.1 PVC Housing Material
11.6.2 Aluminum Housing Material
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 Enclosed Conductor Bar Market Size Forecast by Applications
11.10.1 Overhead Cranes
11.10.2 Electric Chain Hoists
11.10.3 Travelling Machine Beds
11.10.4 Other
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 Enclosed Conductor Bar Analysis and Forecast
12.1 Introduction
12.2 Latin America Enclosed Conductor Bar 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 Enclosed Conductor Bar Market Size Forecast by Type
12.6.1 PVC Housing Material
12.6.2 Aluminum Housing Material
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 Enclosed Conductor Bar Market Size Forecast by Applications
12.10.1 Overhead Cranes
12.10.2 Electric Chain Hoists
12.10.3 Travelling Machine Beds
12.10.4 Other
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) Enclosed Conductor Bar Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Enclosed Conductor Bar 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) Enclosed Conductor Bar Market Size Forecast by Type
13.6.1 PVC Housing Material
13.6.2 Aluminum Housing Material
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) Enclosed Conductor Bar Market Size Forecast by Applications
13.10.1 Overhead Cranes
13.10.2 Electric Chain Hoists
13.10.3 Travelling Machine Beds
13.10.4 Other
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 Enclosed Conductor Bar Market: Competitive Dashboard
14.2 Global Enclosed Conductor Bar Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 VAHLE
14.3.2 Niko Ltd
14.3.3 Conductix-Wampfler
14.3.4 Klifting Industrial CO.,LTD.
14.3.5 Anand Systems Engineering
14.3.6 Columbus McKinnon Corporation
14.3.7 Wuxi Komay
14.3.8 VAHLE
