Busbar Market by Material (Copper, Aluminum), Power Rating (Below 125 A, 125-800 A, Above 800 A), Insulation (Laminated, Powder-coated, Bare), Manufacturing Process (Molded, Stamped, Hybrid, Flexible), End-use and Region - Global Forecast to 2029
Market Report I 2024-10-10 I 269 Pages I MarketsandMarkets
The global busbar market is expected to grow significantly from an estimated USD 15.10 billion in 2024 to USD 19.70 billion by 2029, at a CAGR of 5.5% during the forecast period. The rising demand for efficient power distribution systems is driving the busbar market, as industries and urban infrastructure expansion require reliable energy solutions. Busbars, often made of copper or aluminum, are critical components in minimizing energy loss and ensuring effective power management. Governments and industries are increasingly focusing on modernizing power grids and integrating renewable energy sources, and busbars are essential in achieving these goals. The increasing need for sustainability, energy efficiency, and the transition to green energy solutions are expected to fuel the demand for busbars across utilities, industrial, and residential sectors globally.
"Commercial & residential, by end use, is expected to be the largest-growing segment from 2024 to 2029."
The commercial & residential segment is projected to be the fastest-growing end-use sector in the busbar market from 2024 to 2029. This growth is driven by increasing urbanization, infrastructure development, and the growing demand for energy-efficient power distribution systems in buildings. Busbars play a crucial role in reducing energy losses and optimizing electrical distribution in residential complexes, commercial buildings, and smart city infrastructure. With governments and developers focusing on sustainable energy solutions and smart grids, the commercial & residential sector is expected to witness robust demand for busbar systems, particularly in densely populated and rapidly developing regions like Asia-Pacific.
"Laminated, by insulation type, is expected to be the fastest-growing market from 2024 to 2029"
The laminated busbar segment, by insulation type, is projected to be the fastest-growing market from 2024 to 2029 due to its superior electrical performance and enhanced safety features. Laminated busbars offer reduced inductance, lower voltage drop, and improved heat dissipation, making them highly efficient for modern power distribution systems. The rise in demand for energy-efficient and compact solutions in industries such as power electronics, renewable energy, data centers, and electric vehicles is driving this growth. Additionally, the growing emphasis on reducing energy losses and improving system reliability, especially in high-demand sectors, makes laminated busbars a preferred choice for manufacturers and consumers alike.
"Asia Pacific is expected to be the fastest-growing region in the busbar market."
Asia Pacific is expected to be the fastest-growing region in the busbar market due to rapid industrialization, urbanization, and increasing energy demand across major economies such as China, India, and Japan. Government initiatives to upgrade power distribution infrastructure, coupled with the rising adoption of electric vehicles and renewable energy projects, are driving the demand for efficient power distribution systems like busbars. Furthermore, the growing investments in smart grids and the expansion of manufacturing industries in the region contribute to the substantial market growth. This is supported by large-scale infrastructure projects and increased demand for reliable, energy-efficient solutions across sectors.
In-depth interviews have been conducted with chief executive officers (CEOs), Directors, and other executives from various key organizations operating in the biorefinery market.
By Company Type: Tier 1- 30%, Tier 2- 55%, and Tier 3- 15%
By Designation: C-level Executives - 30%, Director Level- 20%, and Others- 50%
By Region: North America - 18%, Europe - 8%, Asia Pacific - 60%, South America - 4%, Middle East & Africa - 10%
Note: Other designations include sales managers, marketing managers, product managers, and product engineers.
The tier of the companies is defined based on their total revenue as of 2023. Tier 1: USD 1 billion and above, Tier 2: From USD 500 million to USD 1 billion, and Tier 3:
Research Coverage:
The report defines, describes, and forecasts the busbar market by material, power rating, insulation, manufacturing process, end use and region. It also offers a detailed qualitative and quantitative analysis of the market. The report comprehensively reviews the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market. A detailed analysis of the key industry players has been done to provide insights into their business overview, solutions, and services; key strategies; Contracts, partnerships, agreements. new product launches, mergers and acquisitions, and recent developments associated with the biorefinery market. Competitive analysis of upcoming startups in the busbar market ecosystem is covered in this report.
Reasons to buy this report:
Reasons to buy this report The report will help the market leaders/new entrants busbar market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
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The report provides insights on the following pointers:
- Analysis of key drivers (Rising demand for energy-efficient power distribution systems, Increasing construction of commercial and industrial buildings), restraints (Volatility in raw material prices, High initial installation costs), opportunities (Burgeoning demand for electric vehicles, Rapid expansion of data centers and cloud infrastructure, Rising investment in smart grid technologies), and challenges (Adapting to changing customer preferences) influencing the growth.
- Product Development/ Innovation: The busbar market is experiencing significant innovation and product development, largely driven by the growing demand for energy-efficient power distribution solutions. Companies in this sector are investing in new technologies to enhance the performance of busbars, focusing on improving conductivity, reducing power losses, and increasing reliability. Notable advancements include the development of laminated busbars, which offer improved insulation and heat dissipation, making them ideal for high-power applications. Key players such as ABB, Schneider Electric, and Siemens are actively engaging in product innovations and integrating smart grid technologies to meet the evolving energy needs of industries and infrastructure.
- Market Development: The growth in the busbar market is currently high because of an upsurge in the demand for efficient power supply systems across industries, commercial buildings, and residential locations. The development factors involve rapid infrastructural growth for industrial uses, urbanization, and coupled uses of sources of renewable energy. Also, the trends of technological advancements, such as laminated busbars with effective insulation and efficiency, add on to the market benefits. Government initiatives that are into energy efficiency and establishing smart grids are also propelling the global expansion of the busbar market. Major players are focusing on innovations and broadening their footprints to meet growing demand across geographies.
- Market Diversification: Market diversification across various industries in the busbar market is as such widespread as: its applications, that include power utilities, industrial manufacturing, renewable energy, transportation, and residential & commercial sectors. The companies have been trying to diversify their product portfolios on account of increasing demand for efficient power distribution systems in emerging technologies such as electric vehicles (EVs), renewable energy projects, and smart grids. In addition, regional diversification, especially in Asia-Pacific, is helping manufacturers tap into growing markets focused on rapidly urbanizing and industrializing with improvements in infrastructure. Diversification into these regions increases growth opportunities both for developed and emerging markets.
- Competitive Assessment: In-depth analysis of market share, growth plans, and service offerings of top companies in the stations market, including ABB (Switzerland), Schneider Electric (France), Eaton (Ireland), Siemens (Germany), and Legrand (France) among others.
1 INTRODUCTION 23
1.1 STUDY OBJECTIVES 23
1.2 MARKET DEFINITION 24
1.3 STUDY SCOPE 25
1.3.1 MARKETS COVERED AND REGIONAL SCOPE 25
1.3.2 INCLUSIONS AND EXCLUSIONS 26
1.3.3 YEARS CONSIDERED 26
1.4 CURRENCY CONSIDERED 26
1.5 UNITS CONSIDERED 27
1.6 LIMITATIONS 27
1.7 STAKEHOLDERS 27
1.8 SUMMARY OF CHANGES 28
2 RESEARCH METHODOLOGY 29
2.1 RESEARCH DATA 29
2.1.1 SECONDARY DATA 30
2.1.1.1 List of key secondary sources 30
2.1.1.2 Key data from secondary sources 30
2.1.2 PRIMARY DATA 31
2.1.2.1 List of primary interview participants 31
2.1.2.2 Key industry insights 31
2.1.2.3 Key data from primary sources 32
2.1.2.4 Breakdown of primaries 33
2.2 MARKET SIZE ESTIMATION METHODOLOGY 34
2.2.1 BOTTOM-UP APPROACH 34
2.2.1.1 Regional analysis 35
2.2.1.2 Country-level analysis 36
2.2.1.3 Demand-side assumptions 36
2.2.1.4 Demand-side calculations 36
2.2.2 TOP-DOWN APPROACH 37
2.2.2.1 Supply-side assumptions 39
2.2.2.2 Supply-side calculations 39
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 40
2.4 FORECAST 41
2.5 RESEARCH ASSUMPTIONS 41
2.6 RISK ANALYSIS 41
2.7 RESEARCH LIMITATIONS 41
3 EXECUTIVE SUMMARY 42
4 PREMIUM INSIGHTS 48
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN BUSBAR MARKET 48
4.2 BUSBAR MARKET IN ASIA PACIFIC, BY MATERIAL AND COUNTRY 49
4.3 BUSBAR MARKET, BY MATERIAL 49
4.4 BUSBAR MARKET, BY INSULATION TYPE 50
4.5 BUSBAR MARKET, BY MANUFACTURING PROCESS 50
4.6 BUSBAR MARKET, BY POWER RATING 50
4.7 BUSBAR MARKET, BY END USE 51
4.8 BUSBAR MARKET, BY REGION 51
5 MARKET OVERVIEW 52
5.1 INTRODUCTION 52
5.2 MARKET DYNAMICS 53
5.2.1 DRIVERS 53
5.2.1.1 Rising demand for energy-efficient power distribution systems 53
5.2.1.2 Increasing construction of commercial and industrial buildings 55
5.2.2 RESTRAINTS 55
5.2.2.1 Volatility in raw material prices 55
5.2.2.2 High initial installation costs 57
5.2.3 OPPORTUNITIES 57
5.2.3.1 Burgeoning demand for electric vehicles 57
5.2.3.2 Rapid expansion of data centers and cloud infrastructure 58
5.2.3.3 Rising investment in smart grid technologies 59
5.2.4 CHALLENGES 60
5.2.4.1 Adapting to changing customer preferences 60
5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 60
5.4 ECOSYSTEM ANALYSIS 61
5.5 VALUE CHAIN ANALYSIS 63
5.6 TECHNOLOGY ANALYSIS 64
5.6.1 KEY TECHNOLOGIES 64
5.6.1.1 Smart busbars 64
5.6.2 COMPLEMENTARY TECHNOLOGIES 65
5.6.2.1 Selective laser melting (SLM) 65
5.7 PRICING ANALYSIS 66
5.7.1 INDICATIVE PRICING TREND, BY MATERIAL 66
5.7.2 AVERAGE SELLING PRICE TREND, BY REGION 66
5.8 KEY CONFERENCES AND EVENTS, 2024-2025 67
5.9 TARIFF AND REGULATORY LANDSCAPE 68
5.9.1 TARIFF ANALYSIS 68
5.9.2 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 69
5.9.3 STANDARDS 72
5.10 TRADE ANALYSIS 72
5.10.1 IMPORT SCENARIO (HS CODE 853690) 72
5.10.2 EXPORT SCENARIO (HS CODE 853690) 74
5.11 PATENT ANALYSIS 75
5.12 INVESTMENT AND FUNDING SCENARIO 79
5.13 PORTER'S FIVE FORCES ANALYSIS 80
5.13.1 THREAT OF SUBSTITUTES 81
5.13.2 BARGAINING POWER OF SUPPLIERS 81
5.13.3 BARGAINING POWER OF BUYERS 81
5.13.4 THREAT OF NEW ENTRANTS 81
5.13.5 INTENSITY OF COMPETITIVE RIVALRY 82
5.14 KEY STAKEHOLDERS AND BUYING CRITERIA 82
5.14.1 KEY STAKEHOLDERS IN BUYING PROCESS 82
5.14.2 BUYING CRITERIA 83
5.15 CASE STUDY ANALYSIS 83
5.15.1 BARCELONA INTEGRATES MODULAR BUSBARS INTO SMART STREET LIGHTING SYSTEM TO REDUCE ENERGY CONSUMPTION 83
5.15.2 SCHNEIDER ELECTRIC IMPLEMENTS ADVANCED BUSBARS TO MANAGE VARIABLE LOADS 84
5.15.3 ABB INSTALLS BUSBAR SYSTEM TO HANDLE POWER GENERATION EFFICIENTLY 84
5.16 IMPACT OF GEN AI/AI IN BUSBAR MARKET 84
5.16.1 ADOPTION OF GEN AI/AI IN BUSBAR APPLICATIONS 85
5.16.2 IMPACT OF GEN AI/AI IN BUSBAR MARKET, BY REGION 86
5.17 MACROECONOMIC OUTLOOK FOR BUSBAR MARKET 86
6 BUSBAR MARKET, BY INSULATION TYPE 88
6.1 INTRODUCTION 89
6.2 LAMINATED 90
6.2.1 LOW OVERHEATING RISKS AND OPTIMAL INSULATION TO AUGMENT SEGMENTAL GROWTH 90
6.3 POWDER-COATED 92
6.3.1 ECO-FRIENDLY AND CORROSION-RESISTANT FEATURES TO CONTRIBUTE TO SEGMENTAL GROWTH 92
6.4 BARE 93
6.4.1 USE TO ENABLE EFFICIENT ENERGY TRANSFER FROM RENEWABLE SOURCES TO GRID TO EXPEDITE SEGMENTAL GROWTH 93
7 BUSBAR MARKET, BY MANUFACTURING PROCESS 95
7.1 INTRODUCTION 96
7.2 MOLDED 97
7.2.1 ABILITY TO ENHANCE ELECTRICAL AND THERMAL PERFORMANCE TO FUEL SEGMENTAL GROWTH 97
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7.3 STAMPED 98
7.3.1 COST-EFFECTIVENESS IN HIGH-VOLUME PRODUCTION TO ACCELERATE SEGMENTAL GROWTH 98
7.4 HYBRID 100
7.4.1 EXCELLENT ELECTRICAL CONDUCTIVITY AND EASE OF INSTALLATION TO BOOST SEGMENTAL GROWTH 100
7.5 FLEXIBLE 101
7.5.1 REDUCED CONNECTION POINTS AND SEAMLESS INTEGRATION TO EXPEDITE SEGMENTAL GROWTH 101
8 BUSBAR MARKET, BY MATERIAL 103
8.1 INTRODUCTION 104
8.2 COPPER 105
8.2.1 ABILITY TO WITHSTAND HIGH TEMPERATURES AND REDUCE OXIDATION TO AUGMENT SEGMENTAL GROWTH 105
8.3 ALUMINUM 106
8.3.1 LIGHTWEIGHT AND COST-EFFECTIVENESS TO CONTRIBUTE TO SEGMENTAL GROWTH 106
9 BUSBAR MARKET, BY POWER RATING 108
9.1 INTRODUCTION 109
9.2 LOW (BELOW 250 A) 110
9.2.1 EFFICIENT POWER GENERATION AND LOW INSTALLATION COMPLEXITY TO FOSTER SEGMENTAL GROWTH 110
9.3 MEDIUM (250-800 A) 111
9.3.1 ABILITY TO MANAGE SUBSTANTIAL ELECTRICAL CURRENTS WITHOUT EXCESSIVE HEAT BUILDUP TO BOOST SEGMENTAL GROWTH 111
9.4 HIGH (ABOVE 800 A) 112
9.4.1 REQUIREMENT FOR SUBSTANTIAL ELECTRIC CURRENT FOR LARGE-SCALE INDUSTRIAL PROCESSES TO DRIVE MARKET 112
10 BUSBAR MARKET, BY END USE 114
10.1 INTRODUCTION 115
10.2 UTILITIES 116
10.2.1 RISING INTEGRATION OF RENEWABLE ENERGY INTO POWER GRID TO CONTRIBUTE TO SEGMENTAL GROWTH 116
10.3 INDUSTRIAL 117
10.3.1 INCREASING DEPLOYMENT OF AUTOMATION AND DIGITAL MONITORING SYSTEMS TO FUEL SEGMENTAL GROWTH 117
10.4 LOCOMOTIVE 119
10.4.1 RISING EMPHASIS ON ENERGY EFFICIENCY TO ACCELERATE SEGMENTAL GROWTH 119
10.5 RENEWABLES 120
10.5.1 INCREASING NEED FOR ENERGY-EFFICIENT ELECTRICAL EQUIPMENT TO MANAGE HIGH-VOLTAGE DC OUTPUTS TO FOSTER SEGMENTAL GROWTH 120
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10.6 AUTOMOTIVE 121
10.6.1 GROWING EMPHASIS ON RELIABLE AND EFFICIENT OPERATION OF ELECTRICAL COMPONENTS IN VEHICLES TO BOOST SEGMENTAL GROWTH 121
10.7 COMMERCIAL & RESIDENTIAL 122
10.7.1 MOUNTING DEMAND FOR SPACE-SAVING WIRING SYSTEMS OVER TRADITIONAL COUNTERPARTS TO ACCELERATE SEGMENTAL GROWTH 122
11 BUSBAR MARKET, BY REGION 124
11.1 INTRODUCTION 125
11.2 NORTH AMERICA 127
11.2.1 US 131
11.2.1.1 Mounting investment in energy-efficient power distribution systems to accelerate market growth 131
11.2.2 CANADA 132
11.2.2.1 Rising emphasis on modernizing aging electricity infrastructure to fuel market growth 132
11.2.3 MEXICO 133
11.2.3.1 Rapid urbanization and high electricity demand to contribute to market growth 133
11.3 ASIA PACIFIC 135
11.3.1 CHINA 140
11.3.1.1 Increasing focus on upgrading power infrastructure to foster market growth 140
11.3.2 INDIA 141
11.3.2.1 Rising integration of renewable energy into power grid to bolster market growth 141
11.3.3 JAPAN 142
11.3.3.1 Growing emphasis on reducing carbon footprint to augment market growth 142
11.3.4 SOUTH KOREA 143
11.3.4.1 Rapid modernization of power plants to accelerate market growth 143
11.3.5 REST OF ASIA PACIFIC 145
11.4 EUROPE 146
11.4.1 GERMANY 151
11.4.1.1 Rising deployment of clean transportation solutions to contribute to market growth 151
11.4.2 UK 152
11.4.2.1 Growing emphasis on meeting net-zero carbon emission targets to foster market growth 152
11.4.3 ITALY 153
11.4.3.1 Increasing focus on achieving carbon neutrality to accelerate market growth 153
11.4.4 FRANCE 154
11.4.4.1 Rapid modernization of energy infrastructure to expedite market growth 154
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11.4.5 REST OF EUROPE 156
11.5 SOUTH AMERICA 157
11.5.1 BRAZIL 161
11.5.1.1 Rising infrastructure development and power consumption to foster market growth 161
11.5.2 ARGENTINA 162
11.5.2.1 Increasing investment in renewable energy to boost market growth 162
11.5.3 REST OF SOUTH AMERICA 163
11.6 MIDDLE EAST & AFRICA 165
11.6.1 GCC 170
11.6.1.1 Saudi Arabia 171
11.6.1.1.1 Rising emphasis on modernizing energy infrastructure to accelerate market growth 171
11.6.1.2 UAE 172
11.6.1.2.1 Growing focus on upgrading power distribution networks to expedite market growth 172
11.6.1.3 Qatar 173
11.6.1.3.1 Rapid urbanization and expansion of energy infrastructure to augment market growth 173
11.6.1.4 Rest of GCC 174
11.6.2 SOUTH AFRICA 176
11.6.2.1 Burgeoning energy demand due to industrialization to spur market growth 176
11.6.3 REST OF MIDDLE EAST & AFRICA 177
12 COMPETITIVE LANDSCAPE 179
12.1 OVERVIEW 179
12.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2022-2024 179
12.3 MARKET SHARE ANALYSIS, 2023 181
12.4 REVENUE ANALYSIS, 2019-2023 183
12.5 COMPANY VALUATION AND FINANCIAL METRICS 184
12.6 BRAND/PRODUCT COMPARISON 185
12.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023 185
12.7.1 STARS 185
12.7.2 EMERGING LEADERS 185
12.7.3 PERVASIVE PLAYERS 186
12.7.4 PARTICIPANTS 186
12.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023 187
12.7.5.1 Company footprint 187
12.7.5.2 Material footprint 188
12.7.5.3 Insulation type footprint 189
12.7.5.4 Power rating footprint 190
12.7.5.5 End use footprint 191
12.7.5.6 Region footprint 192
12.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023 193
12.8.1 PROGRESSIVE COMPANIES 193
12.8.2 RESPONSIVE COMPANIES 193
12.8.3 DYNAMIC COMPANIES 193
12.8.4 STARTING BLOCKS 193
12.8.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023 195
12.8.5.1 Detailed list of key startups/SMEs 195
12.8.5.2 Competitive benchmarking of key startups/SMEs 195
12.9 COMPETITIVE SCENARIO 196
12.9.1 DEALS 196
12.9.2 EXPANSIONS 199
12.9.3 OTHER DEVELOPMENTS 201
13 COMPANY PROFILES 202
13.1 KEY PLAYERS 202
13.1.1 ABB 202
13.1.1.1 Business overview 202
13.1.1.2 Products/Solutions/Services offered 203
13.1.1.3 Recent developments 205
13.1.1.3.1 Deals 205
13.1.1.3.2 Expansions 206
13.1.1.3.3 Other developments 206
13.1.1.4 MnM view 207
13.1.1.4.1 Key strengths 207
13.1.1.4.2 Strategic choices 207
13.1.1.4.3 Weaknesses and competitive threats 207
13.1.2 SCHNEIDER ELECTRIC 208
13.1.2.1 Business overview 208
13.1.2.2 Products/Solutions/Services offered 209
13.1.2.3 Recent developments 210
13.1.2.3.1 Expansions 210
13.1.2.3.2 Other developments 211
13.1.2.4 MnM view 211
13.1.2.4.1 Key strengths 211
13.1.2.4.2 Strategic choices 211
13.1.2.4.3 Weaknesses and competitive threats 211
13.1.3 EATON 212
13.1.3.1 Business overview 212
13.1.3.2 Products/Solutions/Services offered 213
13.1.3.3 Recent developments 214
13.1.3.3.1 Deals 214
13.1.3.3.2 Expansions 214
13.1.3.4 MnM view 215
13.1.3.4.1 Key strengths 215
13.1.3.4.2 Strategic choices 215
13.1.3.4.3 Weaknesses and competitive threats 215
13.1.4 SIEMENS 216
13.1.4.1 Business overview 216
13.1.4.2 Products/Solutions/Services offered 217
13.1.4.3 Recent developments 218
13.1.4.3.1 Deals 218
13.1.4.4 MnM view 218
13.1.4.4.1 Key strengths 218
13.1.4.4.2 Strategic choices 218
13.1.4.4.3 Weaknesses and competitive threats 218
13.1.5 MERSEN 219
13.1.5.1 Business overview 219
13.1.5.2 Products/Solutions/Services offered 220
13.1.5.3 Recent developments 222
13.1.5.3.1 Deals 222
13.1.5.3.2 Other developments 223
13.1.5.4 MnM view 223
13.1.5.4.1 Key strengths 223
13.1.5.4.2 Strategic choices 223
13.1.5.4.3 Weaknesses and competitive threats 223
13.1.6 LEGRAND 224
13.1.6.1 Business overview 224
13.1.6.2 Products/Solutions/Services offered 225
13.1.6.3 Recent developments 226
13.1.6.3.1 Deals 226
13.1.7 RITTAL GMBH & CO. KG 227
13.1.7.1 Business overview 227
13.1.7.2 Products/Solutions/Services offered 227
13.1.7.3 Recent developments 228
13.1.7.3.1 Expansions 228
13.1.8 TE CONNECTIVITY 229
13.1.8.1 Business overview 229
13.1.8.2 Products/Solutions/Services offered 230
13.1.8.3 Recent developments 231
13.1.8.3.1 Deals 231
13.1.9 INCRESOL ENGINEERING SOLUTIONS PVT. LTD. 232
13.1.9.1 Business overview 232
13.1.9.2 Products/Solutions/Services offered 232
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13.1.10 CHATSWORTH PRODUCTS 234
13.1.10.1 Business overview 234
13.1.10.2 Products/Solutions/Services offered 234
13.1.11 EAE GROUP 236
13.1.11.1 Business overview 236
13.1.11.2 Products/Solutions/Services offered 236
13.1.12 BHAGYANAGAR INDIA 238
13.1.12.1 Business overview 238
13.1.12.2 Products/Solutions/Services offered 239
13.1.13 MSS INDIA PVT. LTD 240
13.1.13.1 Business overview 240
13.1.13.2 Products/Solutions/Services offered 240
13.1.14 SALZER ELECTRONICS LIMITED 241
13.1.14.1 Business overview 241
13.1.14.2 Products/Solutions/Services offered 242
13.1.15 SVM PRIVATE LIMITED 243
13.1.15.1 Business overview 243
13.1.15.2 Products/Solutions/Services offered 243
13.1.16 JANS COPPER PRIVATE LIMITED 246
13.1.16.1 Business overview 246
13.1.16.2 Products/Solutions/Services offered 246
13.1.17 PARAM CONTROLS 248
13.1.17.1 Business overview 248
13.1.17.2 Products/Solutions/Services offered 248
13.1.18 DHANLAXMI STEEL DISTRIBUTORS 249
13.1.18.1 Business overview 249
13.1.18.2 Products/Solutions/Services offered 249
13.1.19 RAYCHEM RPG PRIVATE LIMITED 251
13.1.19.1 Business overview 251
13.1.19.2 Products/Solutions/Services offered 251
13.1.20 CHINT EUROPE (UK) LTD 253
13.1.20.1 Business overview 253
13.1.20.2 Products/Solutions/Services offered 254
13.2 OTHER PLAYERS 256
13.2.1 PADMAWATI EXTRUSION PRIVATE LIMITED 256
13.2.2 SIDHARTHA METALS 256
13.2.3 G AND N FORTUNE LIMITED 257
13.2.4 RR GLOBAL 258
13.2.5 ACMI INDUSTRIES 259
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14 APPENDIX 260
14.1 INSIGHTS FROM INDUSTRY EXPERTS 260
14.2 DISCUSSION GUIDE 260
14.3 KNOWLEDGESTORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL 265
14.4 CUSTOMIZATION OPTIONS 267
14.5 RELATED REPORTS 267
14.6 AUTHOR DETAILS 268
TABLE 1 BUSBAR MARKET SIZE ESTIMATION METHODOLOGY (DEMAND SIDE) 35
TABLE 2 BUSBAR MARKET: RISK ANALYSIS 41
TABLE 3 BUSBAR MARKET SNAPSHOT 43
TABLE 4 GRADE A COPPER CATHODE VS ALUMINUM PRICE RATE (USD PER METRIC TON) 56
TABLE 5 ROLE OF COMPANIES IN BUSBAR ECOSYSTEM 62
TABLE 6 INDICATIVE PRICING TREND OF BUSBARS, BY MATERIAL, 2023 (USD/KG) 66
TABLE 7 AVERAGE SELLING PRICE TREND OF BUSBARS, BY REGION, 2020-2023 (USD/KG) 66
TABLE 8 LIST OF KEY CONFERENCES AND EVENTS, 2024-2025 67
TABLE 9 MFN TARIFF FOR HS 853690 CODE-COMPLIANT PRODUCTS, BY COUNTRY, 2023 68
TABLE 10 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 69
TABLE 11 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 69
TABLE 12 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 70
TABLE 13 SOUTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 70
TABLE 14 MIDDLE EAST & AFRICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 71
TABLE 15 GLOBAL: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 71
TABLE 16 STANDARDS 72
TABLE 17 IMPORT DATA FOR HS CODE 853690-COMPLIANT PRODUCTS, BY COUNTRY, 2021-2023 (USD) 73
TABLE 18 EXPORT DATA FOR HS CODE 853690-COMPLIANT PRODUCTS, BY COUNTRY, 2021-2023 (USD) 74
TABLE 19 LIST OF MAJOR PATENTS, MARCH 2022-OCTOBER 2024 77
TABLE 20 PORTER'S FIVE FORCES ANALYSIS 80
TABLE 21 INFLUENCE OF KEY STAKEHOLDERS ON BUYING PROCESS FOR
TOP THREE END USES 82
TABLE 22 KEY BUYING CRITERIA FOR TOP THREE END USES 83
TABLE 23 BUSBAR MARKET, BY INSULATION TYPE, 2020-2023 (USD MILLION) 89
TABLE 24 BUSBAR MARKET, BY INSULATION TYPE, 2024-2029 (USD MILLION) 90
TABLE 25 LAMINATED: BUSBAR MARKET, BY REGION, 2020-2023 (USD MILLION) 91
TABLE 26 LAMINATED: BUSBAR MARKET, BY REGION, 2024-2029 (USD MILLION) 91
TABLE 27 POWDER-COATED: BUSBAR MARKET, BY REGION, 2020-2023 (USD MILLION) 92
TABLE 28 POWDER-COATED: BUSBAR MARKET, BY REGION, 2024-2029 (USD MILLION) 93
TABLE 29 BARE: BUSBAR MARKET, BY REGION, 2020-2023 (USD MILLION) 94
TABLE 30 BARE: BUSBAR MARKET, BY REGION, 2024-2029 (USD MILLION) 94
TABLE 31 BUSBAR MARKET, BY MANUFACTURING PROCESS, 2020-2023 (USD MILLION) 96
TABLE 32 BUSBAR MARKET, BY MANUFACTURING PROCESS, 2024-2029 (USD MILLION) 97
TABLE 33 MOLDED: BUSBAR MARKET, BY REGION, 2020-2023 (USD MILLION) 98
TABLE 34 MOLDED: BUSBAR MARKET, BY REGION, 2024-2029 (USD MILLION) 98
TABLE 35 STAMPED: BUSBAR MARKET, BY REGION, 2020-2023 (USD MILLION) 99
TABLE 36 STAMPED: BUSBAR MARKET, BY REGION, 2024-2029 (USD MILLION) 99
TABLE 37 HYBRID: BUSBAR MARKET, BY REGION, 2020-2023 (USD MILLION) 100
TABLE 38 HYBRID: BUSBAR MARKET, BY REGION, 2024-2029 (USD MILLION) 101
TABLE 39 FLEXIBLE: BUSBAR MARKET, BY REGION, 2020-2023 (USD MILLION) 102
TABLE 40 FLEXIBLE: BUSBAR MARKET, BY REGION, 2024-2029 (USD MILLION) 102
TABLE 41 BUSBAR MARKET, BY MATERIAL, 2020-2023 (USD MILLION) 104
TABLE 42 BUSBAR MARKET, BY MATERIAL, 2024-2029 (USD MILLION) 104
TABLE 43 COPPER: BUSBAR MARKET, BY REGION, 2020-2023 (USD MILLION) 106
TABLE 44 COPPER: BUSBAR MARKET, BY REGION, 2024-2029 (USD MILLION) 106
TABLE 45 ALUMINUM: BUSBAR MARKET, BY REGION, 2020-2023 (USD MILLION) 107
TABLE 46 ALUMINUM: BUSBAR MARKET, BY REGION, 2024-2029 (USD MILLION) 107
TABLE 47 BUSBAR MARKET, BY POWER RATING, 2020-2023 (USD MILLION) 109
TABLE 48 BUSBAR MARKET, BY POWER RATING, 2024-2029 (USD MILLION) 109
TABLE 49 LOW (BELOW 250 A): BUSBAR MARKET, BY REGION, 2020-2023 (USD MILLION) 110
TABLE 50 LOW (BELOW 250 A): BUSBAR MARKET, BY REGION, 2024-2029 (USD MILLION) 110
TABLE 51 MEDIUM (250-800 A): BUSBAR MARKET, BY REGION, 2020-2023 (USD MILLION) 111
TABLE 52 MEDIUM (250-800 A): BUSBAR MARKET, BY REGION, 2024-2029 (USD MILLION) 111
TABLE 53 HIGH (ABOVE 800 A): BUSBAR MARKET, BY REGION, 2020-2023 (USD MILLION) 112
TABLE 54 HIGH (ABOVE 800 A): BUSBAR MARKET, BY REGION, 2024-2029 (USD MILLION) 113
TABLE 55 BUSBAR MARKET, BY END USE, 2020-2023 (USD MILLION) 115
TABLE 56 BUSBAR MARKET, BY END USE, 2024-2029 (USD MILLION) 116
TABLE 57 UTILITIES: BUSBAR MARKET, BY REGION, 2020-2023 (USD MILLION) 117
TABLE 58 UTILITIES: BUSBAR MARKET, BY REGION, 2024-2029 (USD MILLION) 117
TABLE 59 INDUSTRIAL: BUSBAR MARKET, BY REGION, 2020-2023 (USD MILLION) 118
TABLE 60 INDUSTRIAL: BUSBAR MARKET, BY REGION, 2024-2029 (USD MILLION) 118
TABLE 61 LOCOMOTIVE: BUSBAR MARKET, BY REGION, 2020-2023 (USD MILLION) 119
TABLE 62 LOCOMOTIVE: BUSBAR MARKET, BY REGION, 2024-2029 (USD MILLION) 119
TABLE 63 RENEWABLES: BUSBAR MARKET, BY REGION, 2020-2023 (USD MILLION) 120
TABLE 64 RENEWABLES: BUSBAR MARKET, BY REGION, 2024-2029 (USD MILLION) 121
TABLE 65 AUTOMOTIVE: BUSBAR MARKET, BY REGION, 2020-2023 (USD MILLION) 122
TABLE 66 AUTOMOTIVE: BUSBAR MARKET, BY REGION, 2024-2029 (USD MILLION) 122
TABLE 67 COMMERCIAL & RESIDENTIAL: BUSBAR MARKET, BY REGION,
2020-2023 (USD MILLION) 123
TABLE 68 COMMERCIAL & RESIDENTIAL: BUSBAR MARKET, BY REGION,
2024-2029 (USD MILLION) 123
TABLE 69 BUSBAR MARKET, BY REGION, 2020-2023 (USD MILLION) 126
TABLE 70 BUSBAR MARKET, BY REGION, 2024-2029 (USD MILLION) 126
TABLE 71 BUSBAR MARKET, BY REGION, 2020-2023 (KILOTON) 127
TABLE 72 BUSBAR MARKET, BY REGION, 2024-2029 (KILOTON) 127
TABLE 73 NORTH AMERICA: BUSBAR MARKET, BY POWER RATING,
2020-2023 (USD MILLION) 128
TABLE 74 NORTH AMERICA: BUSBAR MARKET, BY POWER RATING,
2024-2029 (USD MILLION) 128
TABLE 75 NORTH AMERICA: BUSBAR MARKET, BY MATERIAL, 2020-2023 (USD MILLION) 128
TABLE 76 NORTH AMERICA: BUSBAR MARKET, BY MATERIAL, 2024-2029 (USD MILLION) 128
TABLE 77 NORTH AMERICA: BUSBAR MARKET, BY MANUFACTURING PROCESS,
2020-2023 (USD MILLION) 129
TABLE 78 NORTH AMERICA: BUSBAR MARKET, BY MANUFACTURING PROCESS,
2024-2029 (USD MILLION) 129
TABLE 79 NORTH AMERICA: BUSBAR MARKET, BY INSULATION TYPE,
2020-2023 (USD MILLION) 129
TABLE 80 NORTH AMERICA: BUSBAR MARKET, BY INSULATION TYPE,
2024-2029 (USD MILLION) 129
TABLE 81 NORTH AMERICA: BUSBAR MARKET, BY END USE, 2020-2023 (USD MILLION) 130
TABLE 82 NORTH AMERICA: BUSBAR MARKET, BY END USE, 2024-2029 (USD MILLION) 130
TABLE 83 NORTH AMERICA: BUSBAR MARKET, BY COUNTRY, 2020-2023 (USD MILLION) 130
TABLE 84 NORTH AMERICA: BUSBAR MARKET, BY COUNTRY, 2024-2029 (USD MILLION) 131
TABLE 85 US: BUSBAR MARKET, BY END USE, 2020-2023 (USD MILLION) 131
TABLE 86 US: BUSBAR MARKET, BY END USE, 2024-2029 (USD MILLION) 132
TABLE 87 CANADA: BUSBAR MARKET, BY END USE, 2020-2023 (USD MILLION) 133
TABLE 88 CANADA: BUSBAR MARKET, BY END USE, 2024-2029 (USD MILLION) 133
TABLE 89 MEXICO: BUSBAR MARKET, BY END USE, 2020-2023 (USD MILLION) 134
TABLE 90 MEXICO: BUSBAR MARKET, BY END USE, 2024-2029 (USD MILLION) 134
TABLE 91 ASIA PACIFIC: BUSBAR MARKET, BY POWER RATING, 2020-2023 (USD MILLION) 136
TABLE 92 ASIA PACIFIC: BUSBAR MARKET, BY POWER RATING, 2024-2029 (USD MILLION) 137
TABLE 93 ASIA PACIFIC: BUSBAR MARKET, BY MATERIAL, 2020-2023 (USD MILLION) 137
TABLE 94 ASIA PACIFIC: BUSBAR MARKET, BY MATERIAL, 2024-2029 (USD MILLION) 137
TABLE 95 ASIA PACIFIC: BUSBAR MARKET, BY MANUFACTURING PROCESS,
2020-2023 (USD MILLION) 137
TABLE 96 ASIA PACIFIC: BUSBAR MARKET, BY MANUFACTURING PROCESS,
2024-2029 (USD MILLION) 138
TABLE 97 ASIA PACIFIC: BUSBAR MARKET, BY INSULATION TYPE, 2020-2023 (USD MILLION) 138
TABLE 98 ASIA PACIFIC: BUSBAR MARKET, BY INSULATION TYPE, 2024-2029 (USD MILLION) 138
TABLE 99 ASIA PACIFIC: BUSBAR MARKET, BY END USE, 2020-2023 (USD MILLION) 138
TABLE 100 ASIA PACIFIC: BUSBAR MARKET, BY END USE, 2024-2029 (USD MILLION) 139
TABLE 101 ASIA PACIFIC: BUSBAR MARKET, BY COUNTRY, 2020-2023 (USD MILLION) 139
TABLE 102 ASIA PACIFIC: BUSBAR MARKET, BY COUNTRY, 2024-2029 (USD MILLION) 139
TABLE 103 CHINA: BUSBAR MARKET, BY END USE, 2020-2023 (USD MILLION) 140
TABLE 104 CHINA: BUSBAR MARKET, BY END USE, 2024-2029 (USD MILLION) 141
TABLE 105 INDIA: BUSBAR MARKET, BY END USE, 2020-2023 (USD MILLION) 142
TABLE 106 INDIA: BUSBAR MARKET, BY END USE, 2024-2029 (USD MILLION) 142
TABLE 107 JAPAN: BUSBAR MARKET, BY END USE, 2020-2023 (USD MILLION) 143
TABLE 108 JAPAN: BUSBAR MARKET, BY END USE, 2024-2029 (USD MILLION) 143
TABLE 109 SOUTH KOREA: BUSBAR MARKET, BY END USE, 2020-2023 (USD MILLION) 144
TABLE 110 SOUTH KOREA: BUSBAR MARKET, BY END USE, 2024-2029 (USD MILLION) 144
TABLE 111 REST OF ASIA PACIFIC: BUSBAR MARKET, BY END USE,
2020-2023 (USD MILLION) 145
TABLE 112 REST OF ASIA PACIFIC: BUSBAR MARKET, BY END USE,
2024-2029 (USD MILLION) 146
TABLE 113 EUROPE: BUSBAR MARKET, BY POWER RATING, 2020-2023 (USD MILLION) 147
TABLE 114 EUROPE: BUSBAR MARKET, BY POWER RATING, 2024-2029 (USD MILLION) 148
TABLE 115 EUROPE: BUSBAR MARKET, BY MATERIAL, 2020-2023 (USD MILLION) 148
TABLE 116 EUROPE: BUSBAR MARKET, BY MATERIAL, 2024-2029 (USD MILLION) 148
TABLE 117 EUROPE: BUSBAR MARKET, BY MANUFACTURING PROCESS,
2020-2023 (USD MILLION) 148
TABLE 118 EUROPE: BUSBAR MARKET, BY MANUFACTURING PROCESS,
2024-2029 (USD MILLION) 149
TABLE 119 EUROPE: BUSBAR MARKET, BY INSULATION TYPE, 2020-2023 (USD MILLION) 149
TABLE 120 EUROPE: BUSBAR MARKET, BY INSULATION TYPE, 2024-2029 (USD MILLION) 149
TABLE 121 EUROPE: BUSBAR MARKET, BY END USE, 2020-2023 (USD MILLION) 149
TABLE 122 EUROPE: BUSBAR MARKET, BY END USE, 2024-2029 (USD MILLION) 150
TABLE 123 EUROPE: POWER TRANSFORMER MARKET, BY COUNTRY,
2020-2023 (USD MILLION) 150
TABLE 124 EUROPE: POWER TRANSFORMER MARKET, BY COUNTRY,
2024-2029 (USD MILLION) 150
TABLE 125 GERMANY: BUSBAR MARKET, BY END USE, 2020-2023 (USD MILLION) 151
TABLE 126 GERMANY: BUSBAR MARKET, BY END USE, 2024-2029 (USD MILLION) 152
TABLE 127 UK: BUSBAR MARKET, BY END USE, 2020-2023 (USD MILLION) 153
TABLE 128 UK: BUSBAR MARKET, BY END USE, 2024-2029 (USD MILLION) 153
TABLE 129 ITALY: BUSBAR MARKET, BY END USE, 2020-2023 (USD MILLION) 154
TABLE 130 ITALY: BUSBAR MARKET, BY END USE, 2024-2029 (USD MILLION) 154
TABLE 131 FRANCE: BUSBAR MARKET, BY END USE, 2020-2023 (USD MILLION) 155
TABLE 132 FRANCE: BUSBAR MARKET, BY END USE, 2024-2029 (USD MILLION) 155
TABLE 133 REST OF EUROPE: BUSBAR MARKET, BY END USE, 2020-2023 (USD MILLION) 156
TABLE 134 REST OF EUROPE: BUSBAR MARKET, BY END USE, 2024-2029 (USD MILLION) 157
TABLE 135 SOUTH AMERICA: BUSBAR MARKET, BY POWER RATING,
2020-2023 (USD MILLION) 158
TABLE 136 SOUTH AMERICA: BUSBAR MARKET, BY POWER RATING,
2024-2029 (USD MILLION) 158
TABLE 137 SOUTH AMERICA: BUSBAR MARKET, BY MATERIAL, 2020-2023 (USD MILLION) 158
TABLE 138 SOUTH AMERICA: BUSBAR MARKET, BY MATERIAL, 2024-2029 (USD MILLION) 158
TABLE 139 SOUTH AMERICA: BUSBAR MARKET, BY MANUFACTURING PROCESS,
2020-2023 (USD MILLION) 159
TABLE 140 SOUTH AMERICA: BUSBAR MARKET, BY MANUFACTURING PROCESS,
2024-2029 (USD MILLION) 159
TABLE 141 SOUTH AMERICA: BUSBAR MARKET, BY INSULATION TYPE,
2020-2023 (USD MILLION) 159
TABLE 142 SOUTH AMERICA: BUSBAR MARKET, BY INSULATION TYPE,
2024-2029 (USD MILLION) 159
TABLE 143 SOUTH AMERICA: BUSBAR MARKET, BY END USE, 2020-2023 (USD MILLION) 160
TABLE 144 SOUTH AMERICA: BUSBAR MARKET, BY END USE, 2024-2029 (USD MILLION) 160
TABLE 145 SOUTH AMERICA: BUSBAR MARKET, BY COUNTRY, 2020-2023 (USD MILLION) 160
TABLE 146 SOUTH AMERICA: BUSBAR MARKET, BY COUNTRY, 2024-2029 (USD MILLION) 161
TABLE 147 BRAZIL: BUSBAR MARKET, BY END USE, 2020-2023 (USD MILLION) 162
TABLE 148 BRAZIL: BUSBAR MARKET, BY END USE, 2024-2029 (USD MILLION) 162
TABLE 149 ARGENTINA: BUSBAR MARKET, BY END USE, 2020-2023 (USD MILLION) 163
TABLE 150 ARGENTINA: BUSBAR MARKET, BY END USE, 2024-2029 (USD MILLION) 163
TABLE 151 REST OF SOUTH AMERICA: BUSBAR MARKET, BY END USE,
2020-2023 (USD MILLION) 164
TABLE 152 REST OF SOUTH AMERICA: BUSBAR MARKET, BY END USE,
2024-2029 (USD MILLION) 164
TABLE 153 MIDDLE EAST & AFRICA: BUSBAR MARKET, BY POWER RATING,
2020-2023 (USD MILLION) 165
TABLE 154 MIDDLE EAST & AFRICA: BUSBAR MARKET, BY POWER RATING,
2024-2029 (USD MILLION) 166
TABLE 155 MIDDLE EAST & AFRICA: BUSBAR MARKET, BY MATERIAL,
2020-2023 (USD MILLION) 166
TABLE 156 MIDDLE EAST & AFRICA: BUSBAR MARKET, BY MATERIAL,
2024-2029 (USD MILLION) 166
TABLE 157 MIDDLE EAST & AFRICA: BUSBAR MARKET, BY MANUFACTURING PROCESS, 2020-2023 (USD MILLION) 166
TABLE 158 MIDDLE EAST & AFRICA: BUSBAR MARKET, BY MANUFACTURING PROCESS, 2024-2029 (USD MILLION) 167
TABLE 159 MIDDLE EAST & AFRICA: BUSBAR MARKET, BY INSULATION TYPE,
2020-2023 (USD MILLION) 167
TABLE 160 MIDDLE EAST & AFRICA: BUSBAR MARKET, BY INSULATION TYPE,
2024-2029 (USD MILLION) 167
TABLE 161 MIDDLE EAST & AFRICA: BUSBAR MARKET, BY END USE,
2020-2023 (USD MILLION) 168
TABLE 162 MIDDLE EAST & AFRICA: BUSBAR MARKET, BY END USE,
2024-2029 (USD MILLION) 168
TABLE 163 MIDDLE EAST & AFRICA: BUSBAR MARKET, BY COUNTRY,
2020-2023 (USD MILLION) 168
TABLE 164 MIDDLE EAST & AFRICA: BUSBAR MARKET, BY COUNTRY,
2024-2029 (USD MILLION) 169
TABLE 165 GCC: BUSBAR MARKET, BY COUNTRY, 2020-2023 (USD MILLION) 169
TABLE 166 GCC: BUSBAR MARKET, BY COUNTRY, 2024-2029 (USD MILLION) 169
TABLE 167 GCC: BUSBAR MARKET, BY END USE, 2020-2023 (USD MILLION) 170
TABLE 168 GCC: BUSBAR MARKET, BY END USE, 2024-2029 (USD MILLION) 170
TABLE 169 SAUDI ARABIA: BUSBAR MARKET, BY END USE, 2020-2023 (USD MILLION) 171
TABLE 170 SAUDI ARABIA: BUSBAR MARKET, BY END USE, 2024-2029 (USD MILLION) 172
TABLE 171 UAE: BUSBAR MARKET, BY END USE, 2020-2023 (USD MILLION) 173
TABLE 172 UAE: BUSBAR MARKET, BY END USE, 2024-2029 (USD MILLION) 173
TABLE 173 QATAR: BUSBAR MARKET, BY END USE, 2020-2023 (USD MILLION) 174
TABLE 174 QATAR: BUSBAR MARKET, BY END USE, 2024-2029 (USD MILLION) 174
TABLE 175 REST OF GCC: BUSBAR MARKET, BY END USE, 2020-2023 (USD MILLION) 175
TABLE 176 REST OF GCC: BUSBAR MARKET, BY END USE, 2024-2029 (USD MILLION) 175
TABLE 177 SOUTH AFRICA: BUSBAR MARKET, BY END USE, 2020-2023 (USD MILLION) 176
TABLE 178 SOUTH AFRICA: BUSBAR MARKET, BY END USE, 2024-2029 (USD MILLION) 177
TABLE 179 REST OF MIDDLE EAST & AFRICA: BUSBAR MARKET, BY END USE,
2020-2023 (USD MILLION) 178
TABLE 180 REST OF MIDDLE EAST & AFRICA: BUSBAR MARKET, BY END USE,
2024-2029 (USD MILLION) 178
TABLE 181 OVERVIEW OF KEY STRATEGIES DEPLOYED BY TOP PLAYERS, JANUARY
2022-SEPTEMBER 2024 179
TABLE 182 BUSBAR MARKET: DEGREE OF COMPETITION 182
TABLE 183 BUSBAR MARKET: MATERIAL FOOTPRINT 188
TABLE 184 BUSBAR MARKET: INSULATION TYPE FOOTPRINT 189
TABLE 185 BUSBAR MARKET: POWER RATING FOOTPRINT 190
TABLE 186 BUSBAR MARKET: END USE FOOTPRINT 191
TABLE 187 BUSBAR MARKET: REGION FOOTPRINT 192
TABLE 188 BUSBAR MARKET: DETAILED LIST OF KEY STARTUPS/SMES 195
TABLE 189 BUSBAR MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES 195
TABLE 190 BUSBAR MARKET: DEALS, JANUARY 2022-SEPTEMBER 2024 197
TABLE 191 BUSBAR MARKET: EXPANSION, JANUARY 2022-SEPTEMBER 2024 199
TABLE 192 BUSBAR MARKET: OTHER DEVELOPMENTS, JANUARY 2022-SEPTEMBER 2024 201
TABLE 193 ABB: COMPANY OVERVIEW 202
TABLE 194 ABB: PRODUCTS/SOLUTIONS/SERVICES OFFERED 203
TABLE 195 ABB: DEALS 205
TABLE 196 ABB: EXPANSIONS 206
TABLE 197 ABB: OTHER DEVELOPMENTS 206
TABLE 198 SCHNEIDER ELECTRIC: COMPANY OVERVIEW 208
TABLE 199 SCHNEIDER ELECTRIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED 209
TABLE 200 SCHNEIDER ELECTRIC: EXPANSIONS 210
TABLE 201 SCHNEIDER ELECTRIC: OTHER DEVELOPMENTS 211
TABLE 202 EATON: COMPANY OVERVIEW 212
TABLE 203 EATON: PRODUCTS/SOLUTIONS/SERVICES OFFERED 213
TABLE 204 EATON: DEALS 214
TABLE 205 EATON: EXPANSIONS 214
TABLE 206 SIEMENS: COMPANY OVERVIEW 216
TABLE 207 SIEMENS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 217
TABLE 208 SIEMENS: DEALS 218
TABLE 209 MERSEN: COMPANY OVERVIEW 219
TABLE 210 MERSEN: PRODUCTS/SOLUTIONS/SERVICES OFFERED 220
TABLE 211 MERSEN: DEALS 222
TABLE 212 MERSEN: OTHER DEVELOPMENTS 223
TABLE 213 LEGRAND: COMPANY OVERVIEW 224
TABLE 214 LEGRAND: PRODUCTS/SOLUTIONS/SERVICES OFFERED 225
TABLE 215 LEGRAND: DEALS 226
TABLE 216 RITTAL GMBH & CO. KG: COMPANY OVERVIEW 227
TABLE 217 RITTAL GMBH & CO. KG: PRODUCTS/SOLUTIONS/SERVICES OFFERED 227
TABLE 218 RITTAL GMBH & CO. KG: EXPANSIONS 228
TABLE 219 TE CONNECTIVITY: COMPANY OVERVIEW 229
TABLE 220 TE CONNECTIVITY: PRODUCTS/SOLUTIONS/SERVICES OFFERED 230
TABLE 221 TE CONNECTIVITY: DEALS 231
TABLE 222 INCRESOL ENGINEERING SOLUTIONS PVT. LTD: COMPANY OVERVIEW 232
TABLE 223 INCRESOL ENGINEERING SOLUTIONS PVT. LTD: PRODUCTS/SOLUTIONS/
SERVICES OFFERED 232
TABLE 224 CHATSWORTH PRODUCTS: COMPANY OVERVIEW 234
TABLE 225 CHATSWORTH PRODUCTS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 234
TABLE 226 EAE GROUP: COMPANY OVERVIEW 236
TABLE 227 EAE GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED 236
TABLE 228 BHAGYANAGAR INDIA: COMPANY OVERVIEW 238
TABLE 229 BHAGYANAGAR INDIA: PRODUCTS/SOLUTIONS/SERVICES OFFERED 239
TABLE 230 MSS INDIA PVT. LTD: COMPANY OVERVIEW 240
TABLE 231 MSS INDIA PVT. LTD: PRODUCTS/SOLUTIONS/SERVICES OFFERED 240
TABLE 232 SALZER ELECTRONICS LIMITED: COMPANY OVERVIEW 241
TABLE 233 SALZER ELECTRONICS LIMITED: PRODUCTS/SOLUTIONS/SERVICES OFFERED 242
TABLE 234 SVM PRIVATE LIMITED: COMPANY OVERVIEW 243
TABLE 235 SVM PRIVATE LIMITED: PRODUCTS/SOLUTIONS/SERVICES OFFERED 243
TABLE 236 JANS COPPER PRIVATE LIMITED: COMPANY OVERVIEW 246
TABLE 237 JANS COPPER PRIVATE LIMITED: PRODUCTS/SOLUTIONS/SERVICES OFFERED 246
TABLE 238 PARAM CONTROLS: COMPANY OVERVIEW 248
TABLE 239 PARAM CONTROLS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 248
TABLE 240 DHANLAXMI STEEL DISTRIBUTORS: COMPANY OVERVIEW 249
TABLE 241 DHANLAXMI STEEL DISTRIBUTORS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 249
TABLE 242 RAYCHEM RPG PRIVATE LIMITED: COMPANY OVERVIEW 251
TABLE 243 RAYCHEM RPG PRIVATE LIMITED: PRODUCTS/SOLUTIONS/SERVICES OFFERED 251
TABLE 244 CHINT EUROPE (UK) LTD: COMPANY OVERVIEW 253
TABLE 245 CHINT EUROPE (UK) LTD: PRODUCTS/SOLUTIONS/SERVICES OFFERED 254
FIGURE 1 BUSBAR MARKET SEGMENTATION 25
FIGURE 2 BUSBAR MARKET: RESEARCH DESIGN 29
FIGURE 3 KEY METRICS CONSIDERED TO ANALYZE DEMAND FOR BUSBARS 34
FIGURE 4 BUSBAR MARKET: BOTTOM-UP APPROACH 34
FIGURE 5 BUSBAR MARKET: TOP-DOWN APPROACH 37
FIGURE 6 KEY STEPS CONSIDERED TO ASSESS SUPPLY OF BUSBARS 38
FIGURE 7 BUSBAR MARKET SIZE ESTIMATION METHODOLOGY (SUPPLY SIDE) 38
FIGURE 8 BUSBAR MARKET: DATA TRIANGULATION 40
FIGURE 9 COPPER SEGMENT TO HOLD LARGER SHARE OF BUSBAR MARKET IN 2024 44
FIGURE 10 BARE SEGMENT TO DOMINATE BUSBAR MARKET FROM 2024 TO 2029 44
FIGURE 11 STAMPED SEGMENT TO DOMINATE BUSBAR MARKET DURING FORECAST PERIOD 45
FIGURE 12 LOW (BELOW 125 A) SEGMENT TO ACCOUNT FOR LARGEST MARKET
SHARE IN 2029 46
FIGURE 13 COMMERCIAL & RESIDENTIAL SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE IN 2024 46
FIGURE 14 ASIA PACIFIC HELD LARGEST SHARE OF GLOBAL BUSBAR MARKET IN 2023 47
FIGURE 15 RAPID INDUSTRIALIZATION AND URBANIZATION TO CONTRIBUTE TO MARKET GROWTH 48
FIGURE 16 COPPER SEGMENT AND CHINA ACCOUNTED FOR LARGEST SHARES OF BUSBAR MARKET IN ASIA PACIFIC IN 2023 49
FIGURE 17 COPPER SEGMENT TO CAPTURE LARGER MARKET SHARE IN 2029 49
FIGURE 18 BARE SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE IN 2029 50
FIGURE 19 STAMPED SEGMENT HELD LARGEST MARKET SHARE IN 2029 50
FIGURE 20 LOW (BELOW 125 A) SEGMENT TO HOLD LARGEST MARKET SHARE IN 2029 50
FIGURE 21 COMMERCIAL & RESIDENTIAL SEGMENT TO HOLD LARGEST MARKET
SHARE IN 2029 51
FIGURE 22 ASIA PACIFIC TO EXHIBIT HIGHEST CAGR IN BUSBAR MARKET
BETWEEN 2024 AND 2029 51
FIGURE 23 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 53
FIGURE 24 TOTAL RENEWABLE ENERGY SUPPLY, 2020-2040 54
FIGURE 25 PRICE TREND OF GRADE A COPPER CATHODE, AUGUST 2014-MARCH
2024 (USD PER METRIC TON) 56
FIGURE 26 GLOBAL ELECTRIC VEHICLE SALES, BY TYPE, 2020-2030 58
FIGURE 27 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 61
FIGURE 28 BUSBAR ECOSYSTEM 61
FIGURE 29 VALUE CHAIN ANALYSIS 63
FIGURE 30 AVERAGE SELLING PRICE TREND OF BUSBARS, BY REGION,
2020-2023 (USD/KG) 67
FIGURE 31 IMPORT DATA FOR HS CODE 853690-COMPLIANT PRODUCTS, BY COUNTRY, 2021-2023 (USD) 72
FIGURE 32 EXPORT DATA FOR HS CODE 853690-COMPLIANT PRODUCTS, BY COUNTRY, 2021-2023 (USD) 74
FIGURE 33 PATENTS APPLIED AND GRANTED, 2014-2023 76
FIGURE 34 INVESTMENT AND FUNDING SCENARIO 79
FIGURE 35 PORTER'S FIVE FORCES ANALYSIS 80
FIGURE 36 INFLUENCE OF KEY STAKEHOLDERS ON BUYING PROCESS FOR
TOP THREE END USES 82
FIGURE 37 KEY BUYING CRITERIA FOR TOP THREE END USES 83
FIGURE 38 IMPACT OF GEN AI/AI IN BUSBAR MARKET, BY REGION 86
FIGURE 39 BUSBAR MARKET SHARE, BY INSULATION TYPE, 2023 89
FIGURE 40 BUSBAR MARKET SHARE, BY MANUFACTURING PROCESS, 2023 96
FIGURE 41 BUSBAR MARKET SHARE, BY MATERIAL, 2023 104
FIGURE 42 BUSBAR MARKET SHARE, BY POWER RATING, 2023 109
FIGURE 43 BUSBAR MARKET SHARE, BY END USE, 2023 115
FIGURE 44 BUSBAR MARKET SHARE, BY REGION, 2023 125
FIGURE 45 ASIA PACIFIC TO REGISTER HIGHEST CAGR IN BUSBAR MARKET
FROM 2024 TO 2029 126
FIGURE 46 ASIA PACIFIC: BUSBAR MARKET SNAPSHOT 136
FIGURE 47 EUROPE: BUSBAR MARKET SNAPSHOT 147
FIGURE 48 MARKET SHARE ANALYSIS OF COMPANIES OFFERING BUSBARS, 2023 182
FIGURE 49 BUSBAR MARKET: REVENUE ANALYSIS OF FIVE KEY PLAYERS, 2019-2023 183
FIGURE 50 COMPANY VALUATION 184
FIGURE 51 FINANCIAL METRICS 184
FIGURE 52 BRAND/PRODUCT COMPARISON 185
FIGURE 53 BUSBAR MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023 186
FIGURE 54 BUSBAR MARKET: COMPANY FOOTPRINT 187
FIGURE 55 BUSBAR MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023 194
FIGURE 56 ABB: COMPANY SNAPSHOT 203
FIGURE 57 SCHNEIDER ELECTRIC: COMPANY SNAPSHOT 209
FIGURE 58 EATON: COMPANY SNAPSHOT 213
FIGURE 59 SIEMENS: COMPANY SNAPSHOT 217
FIGURE 60 MERSEN: COMPANY SNAPSHOT 220
FIGURE 61 LEGRAND: COMPANY SNAPSHOT 225
FIGURE 62 TE CONNECTIVITY: COMPANY SNAPSHOT 230
FIGURE 63 BHAGYANAGAR INDIA: COMPANY SNAPSHOT 239
FIGURE 64 SALZER ELECTRONICS LIMITED: COMPANY SNAPSHOT 241
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Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.