What is Busbar Trunking Market?
Busbar trunking system is a system of distributing electric power using copper or aluminum busbar with suitable enclosures and a good amount of protection which prevent the cables from getting damaged because of foreign bodies. The busbar trunking is a present solution for distribution of energy in an installation for machinery, equipment and light fittings in all types of buildings. Recent busbars are irreplaceable simply due to convenience and safety factor. Traditional cabling and trunking has high cost and the time taken for installation is much higher than busbars. Installing busbars over conventional cabling has various advantages such as heat absorption, flexibility, cost saving, better resistance etc.
The market study is being classified by Type (Low Power Busbar Trunking, Medium Power Busbar Trunking and High Power Busbar Trunking), by Application (Industrial, Commercial, Residential, Transportation and Other) and major geographies with country level break-up.
Schneider Electric (France), ABB, Ltd. (Switzerland), Eaton Corporation, Plc. (Ireland), Siemens AG (Germany), Larsen & Toubro (India), General Electric (United States), Legrand SA (France), C&S Electric Limited (India), Godrej & Boyce Manufacturing Company Limited (India) and Busbar Services (South Africa) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are DBTS Industries SDN. BHD. (Malaysia) and MK Electric (United Kingdom).
Research Analyst at AMA predicts that Indian Manufacturers will contribute to the maximum growth of Global Busbar Trunking market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Busbar Trunking market by Type, Application and Region.
On the basis of geography, the market of Busbar Trunking has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing Regulatory Focus toward Energy Conservation and Efficiency
- Multiple Advantages Like Cost Saving, Ease Of Distribution, Safe and Secured
- Technical Advancement and Operational Efficiency
- Fluctuations in Raw Material Prices
- Wide Use of Busbar System in Various Data Centers Worldwide
- Increasing Cost of Capital Expenditure
- Limited Benefits to Small and Medium Enterprises
On 14th February 2019, Siemens presented a new form of data transmission for busbar trunking systems. In this powerline technology added to Sivacon 8PS busbar trunking systems, current and data are transmitted in parallel via the conductors.
Key Target AudienceBusbar Trunking System Manufacturers, Raw Material Suppliers/ Buyers, Distributors, Government Body & Associations and End-user