Global Busbar Market - Industry Analysis, Forecast Report 2017-2024

© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com© Global Market Insights, Inc. 2018 www.gminsights.com
Busbar Market share to reach $20 Bn by
2024: Global Market Insights Inc.
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
Key Insights from Busbar Market Report:
 Global Busbar Market size for 2016 was valued over USD 13 billion and is predicted to surpass
4 million tons by 2024.
 Increasing demand for uninterruptable and reliable supply of electricity along with rising
concern to reduce energy losses across transmission and distribution lines will fuel the busbar
market size.
 Aluminum busbar market size in 2016, was valued over USD 3.5 billion.
 Copper busbar market is set to witness growth of over 5% owing to its ability to offer effective
corrosion resistance, and high thermal conductivity.
 Low power (≤ 600V) in 2016, accounted for over 25% of global busbar market share.
 Refurbishment and renovation of ultra-high transmission lines to reduce transmission losses
will propel the high-power busbar market growth.
 Industrial applications in 2016, accounted for over 40% of global busbar market share.
 The U.S. busbar market size is predicted to exceed USD 2 billion by 2024.
© Global Market Insights, Inc. 2018 www.gminsights.com

Busbar Market Key Insights (Continued...)
 Growing demand for sustainable energy along with favorable government measures to promote
the rural electrification reforms will fuel India busbar market share.
 The UK in 2016, accounted for over 10% of the Europe busbar market share. Growing demand
for energy efficient electric equipment to establish a sustainable electric supply network will
augment the business landscape.
 Saudi Arabia busbar market size is set to witness growth over 5% owing to the rapid expansion
of power generation facilities across the nation.
 Continuous innovation in product design to enhance efficiency has been witnessed in the
industry to enhance product penetration.

Germany Busbar Market, By Power Range, 2016 & 2024 (USD Million)

Growth Drivers:
Company Profiles:
 Increasing focus to reduce energy loss
 Rising electricity demand
 Increasing infrastructural spending
 C&S electric, Eaton, Bhagyanagar India, ABB, Legrand Group, Siemens AG, Busbar
Power range Belgium, Godrej & Boyce Mfg., Pentair, Oriental Copper, Southwire
Company, Rittal, MERSEN, Schneider Electric, Methode Electronics, Halcor, and
Littlefuse..
Browse Full Market Research Report On Busbar Market @ http://bit.ly/2otxN7F

A. Forecasts in Tons and USD for 2013 to 2024 on following segments
B. Segmentation Coverage
Report Coverage

For Standard Research Methodology:
https://www.gminsights.com/methodology/detail/busbar-
market
For In-Depth Table of Contents:
https://www.gminsights.com/toc/detail/busbar-market
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Global Busbar Market - Industry Analysis, Forecast Report 2017-2024

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Global Busbar Market - Industry Analysis, Forecast Report 2017-2024