Market Overview:
The global higher strength enclosed bus duct market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be 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 is also propelling the demand for higher strength enclosed bus ducts in civil buildings. Based on type, the global higher strength enclosed bus duct market can be segmented into L type vertical, Z type vertical, T type vertical, and X type vertical segments. The L type vertical segment is expected to account for a major share of the global market due to its low installation cost and easy installation process. Based on application, the global higher strength enclosed bus duct market can be divided into industrial buildings, commercial building, civil buildings, and other applications segments.
Product Definition:
A bus duct is a metal enclosed electrical wiring system for high voltage and current applications. Bus ducts are used as an alternative to cable trays, and allow for the routing of several power cables in one location. They also provide protection from weather and accidents.
L Type Vertical:
L type vertical is a bus duct with enclosed upstream and downstream side. It has advantages over U type vertical in terms of strength, thermal performance, and noise reduction. L-type ducts are primarily used for air conditioning or heating applications where the exhausts have to pass through walls or other obstructions such as columns before reaching the outside environment.
Z Type Vertical:
Z type vertical is a special kind of steel tube, which has been designed and manufactured for use in higher strength enclosed bus ducts. These ducts are used to carry air or gas streams in industrial processes. Z-type vertical tubes have an inner diameter range from 1/2” up to 7/8” and outer diameter range from 3/4” up to 1 1/4”.
Application Insights:
The industry is segmented on the basis of application into industrial buildings, commercial buildings, civil buildings and others. The other applications include transportation facilities such as airports and seaports among others. Increasing demand for higher strength enclosed bus ducts in airport construction is expected to drive the market growth over the forecast period.
Increasing demand for higher strength enclosed bus ducts in railway stations and bridges construction across various regions including North America, Europe, Asia Pacific and Middle East & Africa are expected to drive industry growth over the forecast period. In addition, these products are used extensively in railway carriages which further contributes to its demand globally.
Regional Analysis:
Asia Pacific dominated the global higher strength enclosed bus duct market in 2016 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing industrialization, rapid urbanization, and growing commercial sector in countries such as China, India, Indonesia, Malaysia Philippines. In addition to this factors such as favorable government regulations for investments and infrastructure development are anticipated to drive industry expansion over the next eight years.
The Asia Pacific was followed by North America which accounted for a revenue share of 22% in 2016 owing to presence of major players along with high acceptance rate towards advanced HVAC systems among residential buildings across U.S.
Growth Factors:
- Increasing demand for electricity due to population growth and industrialization
- Rapid urbanization and growing need for reliable, uninterrupted power supply in cities
- Stringent government regulations mandating use of higher strength enclosed bus ducts in critical applications such as data centers, hospitals, airports, etc.
- Rising awareness about the benefits of using higher strength enclosed bus ducts among end users
- Technological advancements that have led to development of high-strength enclosed bus ducts with enhanced features
Scope Of The Report
Report Attributes
Report Details
Report Title
Higher Strength Enclosed Bus Duct Market Research Report
By Type
L Type Vertical, Z Type Vertical, T Type Vertical, X Type Vertical
By Application
Industrial Buildings, Commercial Building, Civil Buildings, Other
By Companies
Siemens, GE, Eaton, LS Cable, UEC, Huapeng Group, C&S Electric, DBTS, Godrej Busbar Systems, Furukawa Electric, Siemens, Honeywell, WETOWN, Somet, 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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Higher Strength Enclosed Bus Duct Market Report Segments:
The global Higher Strength Enclosed Bus Duct market is segmented on the basis of:
Types
L Type Vertical, Z Type Vertical, T Type Vertical, X Type Vertical
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
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:
- Siemens
- GE
- Eaton
- LS Cable
- UEC
- Huapeng Group
- C&S Electric
- DBTS
- Godrej Busbar Systems
- Furukawa Electric
- Siemens
- Honeywell
- WETOWN
- Somet
- ABB
Highlights of The Higher Strength Enclosed 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:
- L Type Vertical
- Z Type Vertical
- T Type Vertical
- X Type Vertical
- By Application:
- Industrial Buildings
- Commercial Building
- Civil Buildings
- 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 Higher Strength Enclosed 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
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- Consumer Insights
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- Product & Brand 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?
Higher Strength Enclosed Bus Duct is a type of duct that is designed to protect people and equipment from the effects of air pollution. This type of duct is made out of metal, and it has been specifically designed to resist the impact that pollutants can have on both people and equipment.
Some of the major players in the higher strength enclosed bus duct market are Siemens, GE, Eaton, LS Cable, UEC, Huapeng Group, C&S Electric, DBTS, Godrej Busbar Systems, Furukawa Electric, Siemens, Honeywell, WETOWN, Somet, ABB.
The higher strength enclosed bus duct 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 Higher Strength Enclosed Bus Duct 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 Higher Strength Enclosed Bus Duct Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Higher Strength Enclosed Bus Duct 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 Higher Strength Enclosed Bus Duct 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 Higher Strength Enclosed Bus Duct Market Size & Forecast, 2020-2028
4.5.1 Higher Strength Enclosed Bus Duct Market Size and Y-o-Y Growth
4.5.2 Higher Strength Enclosed Bus Duct 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 L Type Vertical
5.2.2 Z Type Vertical
5.2.3 T Type Vertical
5.2.4 X Type Vertical
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 Buildings
6.2.2 Commercial Building
6.2.3 Civil Buildings
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Higher Strength Enclosed Bus Duct 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 Higher Strength Enclosed Bus Duct 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 L Type Vertical
9.6.2 Z Type Vertical
9.6.3 T Type Vertical
9.6.4 X Type Vertical
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 Buildings
9.10.2 Commercial Building
9.10.3 Civil Buildings
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 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 L Type Vertical
10.6.2 Z Type Vertical
10.6.3 T Type Vertical
10.6.4 X Type Vertical
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 Buildings
10.10.2 Commercial Building
10.10.3 Civil Buildings
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 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 L Type Vertical
11.6.2 Z Type Vertical
11.6.3 T Type Vertical
11.6.4 X Type Vertical
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 Buildings
11.10.2 Commercial Building
11.10.3 Civil Buildings
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 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 L Type Vertical
12.6.2 Z Type Vertical
12.6.3 T Type Vertical
12.6.4 X Type Vertical
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 Buildings
12.10.2 Commercial Building
12.10.3 Civil Buildings
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) 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 L Type Vertical
13.6.2 Z Type Vertical
13.6.3 T Type Vertical
13.6.4 X Type Vertical
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 Buildings
13.10.2 Commercial Building
13.10.3 Civil Buildings
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 Higher Strength Enclosed Bus Duct Market: Competitive Dashboard
14.2 Global Higher Strength Enclosed Bus Duct Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Siemens
14.3.2 GE
14.3.3 Eaton
14.3.4 LS Cable
14.3.5 UEC
14.3.6 Huapeng Group
14.3.7 C&S Electric
14.3.8 DBTS
14.3.9 Godrej Busbar Systems
14.3.10 Furukawa Electric
14.3.11 Siemens
14.3.12 Honeywell
14.3.13 WETOWN
14.3.14 Somet
14.3.15 ABB
