70 likes | 84 Views
Simple installation, ease of maintenance, relatively low wiring errors and increase in capacitance are some of the factors that will drive the global busbars market during the forecast period.
E N D
Global Busbars Market Revenue Expected to Cross US$ 23 Billion by 2028 November 2018 Report Id :REP-GB-4249 Status : Publish Category : Industrial Automation and Equipment ©2015 Future Market Insights, All Rights Reserved
AboutFuture Market Insights Future Market Insights (FMI) is a premier provider of syndicated research reports, custom research reports, and consulting services. We deliver a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, aerial view of the competitive framework, and future market trends. We provide research services at a global as well as regional level; key regions include GCC, ASEAN, and BRIC. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology, Healthcare, and Retail. We have a global presence with delivery centers across India specializing in providing global research reports and country research reports. FMI is headquartered out of London, U.K., with a state-of-the-art delivery center located in Pune, India. We combine our knowledge and learning from every corner of the world to distill it to one thing – the perfect solution for our client. Research Capabilities Sector Coverage • Customized Research • Syndicated Research • Investment Research • Social Media Research • Automotive and Transportation • Electronics, Semiconductor, and ICT • Retail and Consumer Products • Industrial Automation and Equipment • Chemicals & Materials • Food and Beverages • Services and Utilities • Energy, Mining, Oil, and Gas Customized Research Syndicated Research Investment Research Social Media Research Subscription Information For detailed subscription information please contact Hari. T (Sr. Manager - Global Business Development) T: +44 (0) 20 7692 8790 | D: +44 20 3287 4268 Email: hari.t@futuremarketinsights.com ©2015 Future Market Insights, All Rights Reserved
Research Methodology (1/2) Research & Intelligence Data Collection Actionable Insights Data Filter & Analysis Business Solution 1 Market profiling 2 Formulating discussion guide • Identifying key opinion leaders • Questionnaire design • In-depth interviews • Coverage across value chain 3 A Developing list of respondents • Key industry experts • Channel study • Developments • Market dynamics • Products • Conclusions Primary Research 4 SOLUTION Data collection • Market participants • Key strengths • Product portfolio • Mapping as per value chain • Key focus segments B 5 Desk Research Data validation 6 C Data analysis Primary Research # • Secondary Research # • Paid Publications# Company Analysis • Linkedin • Zoominfo • Salesforce • Avention • Company websites • Company annual reports • White papers • Financial reports • Factiva • GBI • Genios • Meltwater 7 Insights Systematic Research Approach # includes sources of databases ©2015 Future Market Insights, All Rights Reserved
Busbars Market Introduction: Busbars Market A busbar is a metallic strip or bar that makes complicated power distribution easier. Busbars are less expensive and more flexible than wires & cable connections. Busbars distribute electricity with more ease and offer higher flexibility compared to other permanent forms of installation and distribution. The global market for Busbars is expected to witness significant growth in 2018. The Busbars market will reach a value of US$ 15,657.8 Mn while growing at a Y-o-Y growth rate of 3.6 % as compared to 2017. Furthermore, the global demand for Busbars will also be influenced by growing investments in hotels, hospitals, industries and residents to enhance power distribution and lower the possibility of errors. Busbars are extensively used in high current, low voltage distribution and control equipment. They feed to the heavy electrical usage in various industries and commercial buildings as feeder systems and plating cells. Furthermore, switchboards, panel boards, bus-way systems and low & medium voltage switchgears, among others, are some of the major conductor types where Busbars are used. Different busbar systems, such as single arrangement, main and transfer bus arrangement and double bus double breaker arrangement, amongst others, are being offered by companies. These are easy to install and can be designed as per the specific requirements. ©2015 Future Market Insights, All Rights Reserved
Busbars Market The possibility of inaccurate wiring can be significantly eliminated by replacing standard cable harnesses with Busbars. Furthermore, the addition of Busbars to systems provides better effective insurance when compared to costly repair problems associated with wiring harnesses which have higher failure rates.Moreover, the use of Busbars with increased capacitance results in decreased characteristic impedance, thereby leading to greater effective noise elimination and signal suppression. Thus, dielectrics with a high relative K factor are used and kept thin to increase capacitance. Request Sample Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-4249 Moreover, the construction sector across the globe seems poised for sustained growth in the foreseeable future owing to impressive plans related to infrastructure expansion. Furthermore, the construction of industrial facilities is expected to grow in near future owing to rising demand for goods and services by citizens. Based on conductor type, copper Busbars are widely preferred for higher current requirement as they provide better inbuilt resistance against corrosion, which makes them the more suitable choice for tough weather conditions. The segment is expected to remain dominant in terms of market value share and will account for 77.0% share by the end of 2028. Based on end user, the industrial segment is expected to remain the dominant segment in the global market and will account for more than 41.4% of the revenue by 2028 end. ©2015 Future Market Insights, All Rights Reserved
Busbars Market In 2017, North America, followed by Western Europe, was the most attractive region in the global market and accounted for nearly 32.4% of the global market share. Further, being at the forefront, in terms of Busbars production and consumption, these regions are pegged to control the global Busbars market in the future as well. China will be a key country in the market. Schneider Electric SE, Eaton Corporation Plc., Siemens AG, ABB, Methode Electronics, among others, are some of the key players involved in the global Busbars market. In terms of market value, the global Busbars market is expected to register 4.0% CAGR and create absolute $ opportunity worth US$ 7,519.9 Mn during the forecast period. MEA region is likely to witness significant traction while expanding at a CAGR of 5.4 % over the forecast period. Schneider Electric SE, Eaton Corporation Plc., Siemens AG, ABB, Methode Electronics, among others, are some of the key players involved in the global Busbars market. In terms of market value, the global Busbars market is expected to register 4.0% CAGR and create absolute $ opportunity worth US$ 7,519.9 Mn during the forecast period. MEA region is likely to witness significant traction while expanding at a CAGR of 5.4 % over the forecast period. Visit For TOC@ https://www.futuremarketinsights.com/askus/rep-gb-4249 ©2015 Future Market Insights, All Rights Reserved
To know more about us, please visit our website: www.futuremarketinsights.com For sales queries or new topics email us on: sales@futuremarketinsights.com For media queries, contact the press office at press@futuremarketinsights.com For other queries contact:Hari. T (Sr. Manager - Global Business Development) Future Market Insights: 3rd Floor,207 Regent Street, London W1B 3HH T: +44 20 7692 8790 | D: +44 20 3287 4268 Email: hari.t@futuremarketinsights.com Thank You Future Market Insights Global & Consulting Private Limited (FMI) ©2015 Future Market Insights, All Rights Reserved