Busbar Market

In electric power distribution, a busbar (also bus bar, and sometimes misspelled as buss bar or bussbar) is a metallic strip or bar, typically housed inside switchgear, panel boards, and busway enclosures for local high current power distribution. They are also used to connect high voltage equipment at electrical switchyards, and low voltage equipment in battery banks. They are generally uninsulated, and have sufficient stiffness to be supported in air by insulated pillars. These features allow sufficient cooling of the conductors, and the ability to tap in at various points without creating a new joint.

Busbar Market contains market size and forecasts of Busbar in global, including the following market information:

Global Busbar Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Busbar Market Sales, 2017-2022, 2023-2028, (K Units)

Global top five Busbar companies in 2021 (%)

The global Busbar market was valued at 13160 million in 2021 and is projected to reach US$ 17570 million by 2028, at a CAGR of 4.2% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Low Power (Below 125 A) Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Busbar include ABB, Eaton, Legrand, Schneider Electric, Siemens, Chint Electrics, Mersen, Power Products and Rittal, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Busbar manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Busbar Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Busbar Market Segment Percentages, by Type, 2021 (%)

Low Power (Below 125 A)

Medium Power (125 A?800 A)

High Power (Above 800 A)

Global Busbar Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Busbar Market Segment Percentages, by Application, 2021 (%)

Utilities

Residential

Commercial

Industrial Use

Global Busbar Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Busbar Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Busbar revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Busbar revenues share in global market, 2021 (%)

Key companies Busbar sales in global market, 2017-2022 (Estimated), (K Units)

Key companies Busbar sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

ABB

Eaton

Legrand

Schneider Electric

Siemens

Chint Electrics

Mersen

Power Products

Rittal

Pentair

C&S Electric

Promet

Baotai

Metal Gems