Market Overview:
The global medium voltage rated busbar trunking 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 electric vehicles and hybrid vehicles. Additionally, the growing demand for energy-efficient buildings is also contributing to the growth of this market. The copper conductor material segment is expected to dominate the global medium voltage rated busbar trunking market during the forecast period. This segment accounted for a majority share of the global market in 2017 and is projected to maintain its dominance during the forecast period.
Product Definition:
Medium Voltage Rated Busbar Trunking is a type of electrical wiring that is used to connect various electrical components in a system. It allows for the transfer of electricity between devices, and helps to keep everything properly connected. The importance of Medium Voltage Rated Busbar Trunking lies in its ability to handle high levels of voltage without becoming damaged. This makes it an ideal choice for systems that require a great deal of power, such as industrial or commercial settings.
Copper Conductor Material:
Copper conductor material is a form of copper wire that has been processed to form an insulated electrical cable. The material is used in power transmission and distribution systems because of its ability to provide high-temperature resistance, flexibility, low weight and easy installation characteristics.
Aluminum Conductor Material:
Aluminum is a conductor of an electric current due to the presence of free electron pairs. It has the highest electrical conductivity among all metals. Aluminum is soft and can be easily drawn into wire form, which makes it easy to use in busbar trunks for power transmission and distribution systems.
Application Insights:
Gasoline engines segment held the largest market share in 2017. Medium voltage busbar trunking is used for power distribution between engine block and accessories, which includes fuel tanks, air intake system, cooling system and mufflers. The segment is expected to witness significant growth over the forecast period owing to increasing demand for gasoline-powered vehicles across countries such as India, China Japan and U.S.
The diesel engine application segment is projected to register a CAGR of XX% from 2018 to 2030 owing to rising demand for heavy commercial vehicles (HCVs) in various developing countries including Brazil Russia Indonesia Saudi Arabia UAE South Africa Argentina Turkey etc.
Regional Analysis:
Asia Pacific is expected to be the largest and fastest-growing regional market over the forecast period. The growth of this region can be attributed to increasing demand for medium voltage rated busbar trunking in countries, such as China, India, Japan, South Korea and Taiwan. These countries are adopting a policy of Make in India; Make in Japan 2025; Made-in-China 2025; and ASEAN Connectivity Vision 2020 among others. This vision aims at making Asia Pacific an economic leader with high technological standards by 2030.
The Middle East & Africa is anticipated to witness significant growth over the next eight years owing to rising government investments across several African nations including Nigeria, Ethiopia amongst others that have adopted Medium Voltage (MV) Power System Development Plan 2014 - 20H1).
Growth Factors:
- Increasing demand for energy due to the growth of population and industrialization
- Growing investments in power infrastructure
- Proliferation of smart grids and automation across utilities
- Rising concerns over grid security and resilience
- Development of new technologies for medium voltage rated busbar trunking
Scope Of The Report
Report Attributes
Report Details
Report Title
Medium Voltage Rated Busbar Trunking Market Research Report
By Type
Copper Conductor Material, Aluminum Conductor Material
By Application
Gasoline Engines, Diesel Engines
By Companies
GE, Legrand, Schneider Electric, Siemens, Eaton, L&T, C&S Electric, Pogliano, DBTS Industries, Elbagate, Busbar Services, Jiangsu Wetown Busway, Shanghai Zhenda, Superior Electric, Delta Electric
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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Medium Voltage Rated Busbar Trunking Market Report Segments:
The global Medium Voltage Rated Busbar Trunking market is segmented on the basis of:
Types
Copper Conductor Material, Aluminum Conductor 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
Gasoline Engines, Diesel Engines
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:
- GE
- Legrand
- Schneider Electric
- Siemens
- Eaton
- L&T
- C&S Electric
- Pogliano
- DBTS Industries
- Elbagate
- Busbar Services
- Jiangsu Wetown Busway
- Shanghai Zhenda
- Superior Electric
- Delta Electric
Highlights of The Medium Voltage Rated Busbar Trunking 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 Conductor Material
- Aluminum Conductor Material
- By Application:
- Gasoline Engines
- Diesel Engines
- 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 Medium Voltage Rated Busbar Trunking 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?
Medium voltage rated busbar trunking is a type of electrical wiring that is designed to carry medium voltage (120 volts or less) electricity. This type of wiring can be used in areas where high-voltage electricity is not needed, such as in the walls of a building.
Some of the key players operating in the medium voltage rated busbar trunking market are GE, Legrand, Schneider Electric, Siemens, Eaton, L&T, C&S Electric, Pogliano, DBTS Industries, Elbagate, Busbar Services, Jiangsu Wetown Busway, Shanghai Zhenda, Superior Electric, Delta Electric.
The medium voltage rated busbar trunking market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Medium Voltage Rated Busbar Trunking Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Medium Voltage Rated Busbar Trunking Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Medium Voltage Rated Busbar Trunking Market - Supply Chain
4.5. Global Medium Voltage Rated Busbar Trunking Market Forecast
4.5.1. Medium Voltage Rated Busbar Trunking Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Medium Voltage Rated Busbar Trunking Market Size (000 Units) and Y-o-Y Growth
4.5.3. Medium Voltage Rated Busbar Trunking Market Absolute $ Opportunity
5. Global Medium Voltage Rated Busbar Trunking Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Medium Voltage Rated Busbar Trunking Market Size and Volume Forecast by Type
5.3.1. Copper Conductor Material
5.3.2. Aluminum Conductor Material
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Medium Voltage Rated Busbar Trunking Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Medium Voltage Rated Busbar Trunking Market Size and Volume Forecast by Application
6.3.1. Gasoline Engines
6.3.2. Diesel Engines
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Medium Voltage Rated Busbar Trunking Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Medium Voltage Rated Busbar Trunking Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Medium Voltage Rated Busbar Trunking Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Medium Voltage Rated Busbar Trunking Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Medium Voltage Rated Busbar Trunking Demand Share Forecast, 2019-2026
9. North America Medium Voltage Rated Busbar Trunking Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Medium Voltage Rated Busbar Trunking Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Medium Voltage Rated Busbar Trunking Market Size and Volume Forecast by Application
9.4.1. Gasoline Engines
9.4.2. Diesel Engines
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Medium Voltage Rated Busbar Trunking Market Size and Volume Forecast by Type
9.7.1. Copper Conductor Material
9.7.2. Aluminum Conductor Material
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Medium Voltage Rated Busbar Trunking Demand Share Forecast, 2019-2026
10. Latin America Medium Voltage Rated Busbar Trunking Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Medium Voltage Rated Busbar Trunking Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Medium Voltage Rated Busbar Trunking Market Size and Volume Forecast by Application
10.4.1. Gasoline Engines
10.4.2. Diesel Engines
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Medium Voltage Rated Busbar Trunking Market Size and Volume Forecast by Type
10.7.1. Copper Conductor Material
10.7.2. Aluminum Conductor Material
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Medium Voltage Rated Busbar Trunking Demand Share Forecast, 2019-2026
11. Europe Medium Voltage Rated Busbar Trunking Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Medium Voltage Rated Busbar Trunking Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Medium Voltage Rated Busbar Trunking Market Size and Volume Forecast by Application
11.4.1. Gasoline Engines
11.4.2. Diesel Engines
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Medium Voltage Rated Busbar Trunking Market Size and Volume Forecast by Type
11.7.1. Copper Conductor Material
11.72. Aluminum Conductor Material
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Medium Voltage Rated Busbar Trunking Demand Share, 2019-2026
12. Asia Pacific Medium Voltage Rated Busbar Trunking Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Medium Voltage Rated Busbar Trunking Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Medium Voltage Rated Busbar Trunking Market Size and Volume Forecast by Application
12.4.1. Gasoline Engines
12.4.2. Diesel Engines
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Medium Voltage Rated Busbar Trunking Market Size and Volume Forecast by Type
12.7.1. Copper Conductor Material
12.7.2. Aluminum Conductor Material
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Medium Voltage Rated Busbar Trunking Demand Share, 2019-2026
13. Middle East & Africa Medium Voltage Rated Busbar Trunking Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Medium Voltage Rated Busbar Trunking Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Medium Voltage Rated Busbar Trunking Market Size and Volume Forecast by Application
13.4.1. Gasoline Engines
13.4.2. Diesel Engines
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Medium Voltage Rated Busbar Trunking Market Size and Volume Forecast by Type
13.7.1. Copper Conductor Material
13.7.2. Aluminum Conductor Material
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Medium Voltage Rated Busbar Trunking Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Medium Voltage Rated Busbar Trunking Market: Market Share Analysis
14.2. Medium Voltage Rated Busbar Trunking Distributors and Customers
14.3. Medium Voltage Rated Busbar Trunking Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. GE
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Legrand
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Schneider Electric
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Siemens
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Eaton
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. L&T
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. C&S Electric
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Pogliano
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. DBTS Industries
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Elbagate
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Busbar Services
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Jiangsu Wetown Busway
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Shanghai Zhenda
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Superior Electric
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Delta Electric
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
