Home / Market Reports / Machinery & Equipment / Global Busway-Bus Duct Market Growth 2024-2030

Global Busway-Bus Duct Market Growth 2024-2030

Global Busway-Bus Duct Market Growth 2024-2030

Product Code:1239970

Published Date: Nov 19,2024

Pages: 152

Region: Global

Category: Machinery & Equipment

PDF DOWNLOAD

GET FREE SAMPLE

CUSTOMIZE REQUEST

PDF DOWNLOAD

GET FREE SAMPLE

CUSTOMIZE REQUEST

SELECT A FORMAT

ADD TO BASKET

BUY NOW

Provide comprehensive and accurate analysis and reports according to your exact requirements

Provide comprehensive and accurate analysis and reports according to your exact requirements

CONTACT US 

The global Busway-Bus Duct market size is projected to grow from US$ 11470 million in 2024 to US$ 15620 million in 2030; it is expected to grow at a CAGR of 5.3% from 2024 to 2030.

Busway-Bus Duct is a closed metal device composed of copper and aluminum bus bars, which is used to distribute large power for each component of the distributed system. In the indoor low-voltage power transmission trunk project, more and more wires and cables have been replaced.

Bus duct provides flexible power distribution solutions for a variety of applications where change and adaptation are important. It offers a complete line of compatible, sandwich-type feeder and plug-in bus duct lengths and fittings. According to the different insulation way, bus duct is divided into BMC, CMC and CFW. CMC is the most widely used type which takes up about 59.6% of the global market. 
China is the largest production country of bus duct in the world in the past few years and it will keep the same position in the next few years. China took up about 40% the global market.

The main manufacturers of Global Bus Duct include Schneider Electric, Siemens, ABB, Eaton, etc. These top four manufacturers hold a market share about 30%.  In terms of application, the product is mainly used in commercial building, followed by industrial building.

Market Trends
Due to new entrants and rapid develop of the market, top players in the market occupy smaller market concentration during recent years.

Technological innovations have an important role in driving the growth of the market. To sustain in the competitive market, vendors can develop new ideas and technologies and stay up-to-date with the advanced technologies.

LP Information, Inc. (LPI) ' newest research report, the “Busway-Bus Duct Industry Forecast” looks at past sales and reviews total world Busway-Bus Duct sales in 2023, providing a comprehensive analysis by region and market sector of projected Busway-Bus Duct sales for 2024 through 2030. With Busway-Bus Duct sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Busway-Bus Duct industry.

This Insight Report provides a comprehensive analysis of the global Busway-Bus Duct landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Busway-Bus Duct portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Busway-Bus Duct market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Busway-Bus Duct and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Busway-Bus Duct.

This report presents a comprehensive overview, market shares, and growth opportunities of Busway-Bus Duct market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
    Air Splicing Bus Duct (BMC)
    Intensive Insulation Plug Bus Duct (CMC)
    Higher Strength Enclosed Bus Duct (CFW)

Segmentation by Application:
    Industrial Buildings
    Commercial Building
    Municipal Buildings
    Other

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
    Schneider Electric
    Siemens
    ABB
    Eaton
    LS Cable & System
    Legrand
    DBTS Ind
    Godrej
    Furukawa Electric
    Powell
    Honeywell
    Dynamic Electrical
    PPB
    Kyodo KY-Tec
    Huapeng Group
    WETOWN
    Dasheng Microgrid
    WOER
    BYE
    Guangle Electric
    Baosheng
    Hanhe Cable

Key Questions Addressed in this Report
What is the 10-year outlook for the global Busway-Bus Duct market?
What factors are driving Busway-Bus Duct market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Busway-Bus Duct market opportunities vary by end market size?
How does Busway-Bus Duct break out by Type, by Application?