Market Overview:
The global power cable and busduct 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 electricity and rising investments in infrastructure development. In terms of type, the power cable segment is expected to dominate the market during the forecast period owing to its growing demand for transmission and distribution applications. By application, industrial buildings are expected to account for the largest share of the market during 2018-2030 owing to rising investments in industrial infrastructure across regions.
Product Definition:
Power cable is an insulated electrical conductor used for power transmission and distribution. It is a type of cable that is specifically designed to carry high voltage electricity.
Power cables are made of copper or aluminum and are available in a variety of sizes, depending on the wattage capacity required. The most common type of power cable is the three-phase, four-wire configuration.
A busduct (or busway) is a large metal conduit that carries high voltage electricity between two points in a facility or campus. Busducts are typically used to connect substations with buildings, or to connect different parts of a large building together.
Power Cable:
Power cable is a flexible metallic conductor used to transmit electrical power. It consists of two conductors (one from the source to the load and another from the load to the ground), insulated by an insulation layer, which is usually made up of rubber, plastic or asbestos. Power cables are widely used in buildings for electricity supply as well as for running electrical equipment such as lifts and machinery.
The global power cable market size was valued at USD 23 billion in 2015.
Busduct:
Busduct is a flexible, hollow, plastic tube that is used in power cables and bus ducts. It has high insulation properties which make it suitable for use in power cables and bus ducts. Busuct can be easily installed by simply pushing it into the desired location with the help of a drill bit or similar object.
The global market for busuct.
Application Insights:
The industrial buildings application segment accounted for the largest revenue share of over 40% in 2017. The demand is expected to be driven by the growing manufacturing sector in emerging economies including China, India and Brazil. These countries are widely using power cables & busducts for transferring high electrical currents from generators to loads resulting into increased demand across the industry.
Civil building applications include data centers, government offices and educational institutions which require a large number of power cables & busducts due to heavy requirements on electricity supply within these buildings. Power cable installation within civil buildings requires minimal clearance as compared to that required for industrial purposes thereby driving their adoption across civil applications in addition to providing an alternative solution when compared with traditional cabling solutions involving higher costs and more complex installation procedures driving their growth further over time.
Regional Analysis:
Asia Pacific is expected to be the largest as well as the fastest-growing regional market over the forecast period. The growth can be attributed to increasing demand for electronic products, such as laptops, mobiles, and tablets; rapid urbanization in developing countries including China and India; and rising construction activities in these regions.
The Asia Pacific region accounted for a revenue share of more than 30% in 2017 owing to high product adoption across various industrial sectors including manufacturing, oil & gas sector, automotive sector etc. In addition, growing awareness regarding power quality issues among end users is anticipated to drive demand from 2018 to 2030. Power quality concerns include voltage sags that leadto fires or damage equipmenton account of sudden fluctuationsin power supply caused by utility outages or storms.
Growth Factors:
- Increasing demand for electricity due to population growth and industrialization
- Rapid urbanization and electrification in developing countries
- Proliferation of electric vehicles and renewable energy sources
- Replacement of aging infrastructure
- Stringent government regulations for power quality
Scope Of The Report
Report Attributes
Report Details
Report Title
Power Cable & Busduct Market Research Report
By Type
Power Cable, Busduct
By Application
Industrial Buildings, Commercial Building, Civil Building, Other
By Companies
Schneider Electric, Siemens, GE Ind., Eaton, LS Cable, UEC, Huapeng Group, Eta-com, DBTS Ind, Godrej Busbar Systems, Schneider Electric, Powell, Honeywell, Weton, Somet, ABB, Dasheng Microgrid, Huabei Changcheng, WOER, Lonsdaleite, Amppelec, Yuanda Electric, Dynamic Electrical, BYE, Furutec Electrical, Guangle Electric, Baosheng, Hanhe Cable
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
154
Number of Tables & Figures
108
Customization Available
Yes, the report can be customized as per your need.
Global Power Cable & Busduct Market Report Segments:
The global Power Cable & Busduct market is segmented on the basis of:
Types
Power Cable, Busduct
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 Building, 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:
- Schneider Electric
- Siemens
- GE Ind.
- Eaton
- LS Cable
- UEC
- Huapeng Group
- Eta-com
- DBTS Ind
- Godrej Busbar Systems
- Schneider Electric
- Powell
- Honeywell
- Weton
- Somet
- ABB
- Dasheng Microgrid
- Huabei Changcheng
- WOER
- Lonsdaleite
- Amppelec
- Yuanda Electric
- Dynamic Electrical
- BYE
- Furutec Electrical
- Guangle Electric
- Baosheng
- Hanhe Cable
Highlights of The Power Cable & Busduct 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:
- Power Cable
- Busduct
- By Application:
- Industrial Buildings
- Commercial Building
- Civil Building
- 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 Power Cable & Busduct 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?
A power cable and busduct are two components of a power supply that allow electricity to be transferred between different parts of a computer.
Some of the major players in the power cable & busduct market are Schneider Electric, Siemens, GE Ind., Eaton, LS Cable, UEC, Huapeng Group, Eta-com, DBTS Ind, Godrej Busbar Systems, Schneider Electric, Powell, Honeywell, Weton, Somet, ABB, Dasheng Microgrid, Huabei Changcheng, WOER, Lonsdaleite, Amppelec, Yuanda Electric, Dynamic Electrical, BYE, Furutec Electrical, Guangle Electric, Baosheng, Hanhe Cable.
The power cable & busduct 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 Power Cable & Busduct 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 Power Cable & Busduct Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Power Cable & Busduct 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 Power Cable & Busduct 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 Power Cable & Busduct Market Size & Forecast, 2018-2028
4.5.1 Power Cable & Busduct Market Size and Y-o-Y Growth
4.5.2 Power Cable & Busduct Market Absolute $ Opportunity
Chapter 5 Global Power Cable & Busduct 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 Power Cable & Busduct Market Size Forecast by Type
5.2.1 Power Cable
5.2.2 Busduct
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Power Cable & Busduct 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 Power Cable & Busduct Market Size Forecast by Applications
6.2.1 Industrial Buildings
6.2.2 Commercial Building
6.2.3 Civil Building
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Power Cable & Busduct 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 Power Cable & Busduct 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 Power Cable & Busduct Analysis and Forecast
9.1 Introduction
9.2 North America Power Cable & Busduct 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 Power Cable & Busduct Market Size Forecast by Type
9.6.1 Power Cable
9.6.2 Busduct
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 Power Cable & Busduct Market Size Forecast by Applications
9.10.1 Industrial Buildings
9.10.2 Commercial Building
9.10.3 Civil Building
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 Power Cable & Busduct Analysis and Forecast
10.1 Introduction
10.2 Europe Power Cable & Busduct 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 Power Cable & Busduct Market Size Forecast by Type
10.6.1 Power Cable
10.6.2 Busduct
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 Power Cable & Busduct Market Size Forecast by Applications
10.10.1 Industrial Buildings
10.10.2 Commercial Building
10.10.3 Civil Building
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 Power Cable & Busduct Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Power Cable & Busduct 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 Power Cable & Busduct Market Size Forecast by Type
11.6.1 Power Cable
11.6.2 Busduct
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 Power Cable & Busduct Market Size Forecast by Applications
11.10.1 Industrial Buildings
11.10.2 Commercial Building
11.10.3 Civil Building
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 Power Cable & Busduct Analysis and Forecast
12.1 Introduction
12.2 Latin America Power Cable & Busduct 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 Power Cable & Busduct Market Size Forecast by Type
12.6.1 Power Cable
12.6.2 Busduct
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 Power Cable & Busduct Market Size Forecast by Applications
12.10.1 Industrial Buildings
12.10.2 Commercial Building
12.10.3 Civil Building
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) Power Cable & Busduct Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Power Cable & Busduct 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) Power Cable & Busduct Market Size Forecast by Type
13.6.1 Power Cable
13.6.2 Busduct
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) Power Cable & Busduct Market Size Forecast by Applications
13.10.1 Industrial Buildings
13.10.2 Commercial Building
13.10.3 Civil Building
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 Power Cable & Busduct Market: Competitive Dashboard
14.2 Global Power Cable & Busduct Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Schneider Electric
14.3.2 Siemens
14.3.3 GE Ind.
14.3.4 Eaton
14.3.5 LS Cable
14.3.6 UEC
14.3.7 Huapeng Group
14.3.8 Eta-com
14.3.9 DBTS Ind
14.3.10 Godrej Busbar Systems
14.3.11 Schneider Electric
14.3.12 Powell
14.3.13 Honeywell
14.3.14 Weton
14.3.15 Somet
14.3.16 ABB
14.3.17 Dasheng Microgrid
14.3.18 Huabei Changcheng
14.3.19 WOER
14.3.20 Lonsdaleite
14.3.21 Amppelec
14.3.22 Yuanda Electric
14.3.23 Dynamic Electrical
14.3.24 BYE
14.3.25 Furutec Electrical
14.3.26 Guangle Electric
14.3.27 Baosheng
14.3.28 Hanhe Cable
