Market Overview:
The global industrial motor busbar 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 electric vehicles and rising investments in renewable energy sources. The global industrial motor busbar market can be segmented on the basis of type, application, and region. On the basis of type, the market can be divided into copper busbars and aluminum busbars. Copper is a preferred choice for high-current applications as it has a low resistance per unit length as compared to other metals such as aluminum or brass. On the basis of application, the market can be classified into motor applications and generator applications. Motor applications are further sub-segmented into AC motors and DC motors while generator applications are sub-divided into synchronous generators and asynchronous generators. Geographically, the global industrial motor busbar market can be segmented into North America, Latin America, Europe Asia Pacific (APAC),and Middle East & Africa (MEA).
Product Definition:
An industrial motor busbar is a metal bar or strip used to connect several electrical machines, such as motors and generators, in an industrial setting. The bar allows for the transfer of electricity between the machines, and helps to ensure that each machine receives an equal share of power.
Copper Busbars:
Copper busbars are used in industrial motor busesbar market for carrying electric current. The copper busbar is made up of number of insulated wires which carry the electrical load and it's used to connect two or more devices electrically.
The size, shape and material composition play important role in determining the function of copper busbars. The type depends on application requirements such as high temperature, low temperature, general-purpose etc.
Aluminum Busbar:
Aluminum busbar and it’s usage in industrial motor busbar market is used for the transmission of electrical power from one point to another. It is also known as an electrical distribution frame or service pole. Aluminum Busbar has a great advantage over steel, iron or other metal bars; it can sustain high voltage without getting magnetized, heated up or get demagnetized.
Application Insights:
The motor application segment dominated the global industry in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for electric motors across various applications, such as residential, commercial and industrial buildings. Industrial applications include chemical plants, power plants and refineries among others.
Generator is expected to be the fastest-growing segment owing to rising demand for diesel generators in several industries across regions including North America and Europe. Generator sets are widely used in commercial as well as residential areas due to their ability provide backup power during outages or emergency situations when grid failure occurs or there's a need for immediate electricity supply at an affordable cost with high reliability over long hours.-related products such as electronic ignition systems along with advanced technologies that improve fuel efficiency by upingnthe overall performance of these devices.
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 for electric motors, which are used in various industrial applications such as food processing, pharmaceuticals, chemicals and metal processing. Moreover, rising investments by governments for implementation of clean energy initiatives coupled with favorable government policies aimed at promoting electric vehicles is also likely to drive industry expansion over the coming years.
The European market accounted for a significant share owing to growing demand from several major end-use industries such as food & beverage and automotive that require efficient motor drives systems based on reliable performance at all times under harsh environmental conditions. Furthermore, presence of key motor manufacturers in Europe has led it being a manufacturing hub for high-quality motors used across several industrial applications worldwide. This factor is anticipated to further boost industry expansion over the next eight years or so until 2030 globally.
Growth Factors:
- Increasing demand for energy-efficient industrial motors
- Growing popularity of modular busbar systems
- Rising need for reliable and safe power distribution systems
- Proliferation of Industry 4.0 and the Internet of Things (IoT) across manufacturing industries
- Increasing investments in industrial automation
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Motor Busbar Market Research Report
By Type
Copper Busbars, Aluminum Busbar
By Application
Motor, Generator
By Companies
ABB, Eaton, General Electric, Schneider Electric, Siemens, Legrand, 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
138
Number of Tables & Figures
97
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Motor Busbar Market Report Segments:
The global Industrial Motor Busbar market is segmented on the basis of:
Types
Copper Busbars, Aluminum Busbar
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
Motor, Generator
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
- Eaton
- General Electric
- Schneider Electric
- Siemens
- Legrand
- ABB
Highlights of The Industrial Motor Busbar 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 Busbars
- Aluminum Busbar
- By Application:
- Motor
- Generator
- 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 Industrial Motor Busbar 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?
Industrial motor busbar is a type of electrical equipment used in industrial and commercial applications. It is a metal or plastic conduit, typically with an insulating jacket, that carries electric currents between two points.
Some of the key players operating in the industrial motor busbar market are ABB, Eaton, General Electric, Schneider Electric, Siemens, Legrand, ABB.
The industrial motor busbar 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 Industrial Motor Busbar 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 Industrial Motor Busbar Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Industrial Motor Busbar 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 Industrial Motor Busbar 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 Industrial Motor Busbar Market Size & Forecast, 2018-2028
4.5.1 Industrial Motor Busbar Market Size and Y-o-Y Growth
4.5.2 Industrial Motor Busbar Market Absolute $ Opportunity
Chapter 5 Global Industrial Motor Busbar 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 Industrial Motor Busbar Market Size Forecast by Type
5.2.1 Copper Busbars
5.2.2 Aluminum Busbar
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Industrial Motor Busbar 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 Industrial Motor Busbar Market Size Forecast by Applications
6.2.1 Motor
6.2.2 Generator
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Industrial Motor Busbar 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 Industrial Motor Busbar 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 Industrial Motor Busbar Analysis and Forecast
9.1 Introduction
9.2 North America Industrial Motor Busbar 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 Industrial Motor Busbar Market Size Forecast by Type
9.6.1 Copper Busbars
9.6.2 Aluminum Busbar
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 Industrial Motor Busbar Market Size Forecast by Applications
9.10.1 Motor
9.10.2 Generator
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 Industrial Motor Busbar Analysis and Forecast
10.1 Introduction
10.2 Europe Industrial Motor Busbar 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 Industrial Motor Busbar Market Size Forecast by Type
10.6.1 Copper Busbars
10.6.2 Aluminum Busbar
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 Industrial Motor Busbar Market Size Forecast by Applications
10.10.1 Motor
10.10.2 Generator
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 Industrial Motor Busbar Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Industrial Motor Busbar 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 Industrial Motor Busbar Market Size Forecast by Type
11.6.1 Copper Busbars
11.6.2 Aluminum Busbar
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 Industrial Motor Busbar Market Size Forecast by Applications
11.10.1 Motor
11.10.2 Generator
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 Industrial Motor Busbar Analysis and Forecast
12.1 Introduction
12.2 Latin America Industrial Motor Busbar 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 Industrial Motor Busbar Market Size Forecast by Type
12.6.1 Copper Busbars
12.6.2 Aluminum Busbar
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 Industrial Motor Busbar Market Size Forecast by Applications
12.10.1 Motor
12.10.2 Generator
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) Industrial Motor Busbar Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Industrial Motor Busbar 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) Industrial Motor Busbar Market Size Forecast by Type
13.6.1 Copper Busbars
13.6.2 Aluminum Busbar
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) Industrial Motor Busbar Market Size Forecast by Applications
13.10.1 Motor
13.10.2 Generator
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 Industrial Motor Busbar Market: Competitive Dashboard
14.2 Global Industrial Motor Busbar Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ABB
14.3.2 Eaton
14.3.3 General Electric
14.3.4 Schneider Electric
14.3.5 Siemens
14.3.6 Legrand
14.3.7 ABB
