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Busway/Bus Duct Market Key Player Analysis - Schneider Electric, Siemens, GE Ind., Eaton, LS Cable, UEC, Huapeng Group, C&S Electric, DBTS Ind, Godrej Busbar Systems, Furukawa Electric, Powell, Honeywell, WETOWN, Somet, ABB & more
This report presents a comprehensive overview, market shares, and growth opportunities of Busway/Bus Duct Market by product type, application, key manufacturers and key regions. Over the next five years, Busway/Bus Duct market will register a 3.3% CAGR in terms of revenue, reach US$ 10900 million by 2023, from US$ 8980 million in 2017.
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Busway, also known as bus duct, is an electrical power supply distribution system that seamlessly distributes power from one end of the building to another. A key advantage of busway is its flexibility and adaptability to a wide range of requirements. It is widely used in industrial buildings, commercial building, civil building etc.
Busway provides flexible power distribution solutions for a variety of applications where change and adaptation are important. It offers a complete line of compatible, sandwich-type feeder and plug-in busway lengths and fittings. According to the different insulation way, busway is divided into BMC, CMC and CFW etc. CMC is the most widely used type which takes up about 52% of the global total in 2016. And the production cost of CMC is relatively low.
The global busway average price is in the decline trend, from 681 $/m in 2012 to 578 $/m in 2017. The price will be in decline trend if more capacity goes into operation and price of the raw material get reduction in the future. The busway production will reach about 8985 km in 2016 from 7406 km in 2012 at an average annual growth rate of more than 7.43%.
China is the largest production of busway in the world in the past few years and it will keep the same position in the next few years. The Chinese market took up about 42% the global market in 2016, the second largest is USA (14.6%) and Europe is followed with the share about 13%.
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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Schneider Electric, Siemens, GE Ind., Eaton, LS Cable, UEC, Huapeng Group, C&S Electric, DBTS Ind, Godrej Busbar Systems, Furukawa Electric, Powell, Honeywell, WETOWN, Somet, ABB, Dasheng Microgrid, Huabei Changcheng, WOER, Lonsdaleite, Amppelec, Yuanda Electric, Dynamic Electrical, BYE, Furutec Electrical, Guangle Electric, Baosheng, Hanhe Cable, PPB, Larsen & Toubro.
Segmentation by product type:
Air Splicing Bus Duct (BMC)
Intensive Insulation Plug Bus Duct (CMC)
Higher Strength Enclosed Bus Duct (CFW)
Other Types
Segmentation by application:
Industrial Buildings
Commercial Building
Civil Buildings
Other Application
Research objectives:
To study and analyze the global Busway/Bus Duct consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Busway/Bus Duct market by identifying its various subsegments.
Focuses on the key global Busway/Bus Duct manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Busway/Bus Duct with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Busway/Bus Duct submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
More Report At: https://empowerednews.net/author/gminsights/
Related Report:
North America Busway/Bus Duct Market by Manufacturers, Countries, Type and Application, Forecast to 2022
Busway, also known as bus duct, is an electrical power supply distribution system that seamlessly distributes power from one end of the building to another. A key advantage of busway is its flexibility and adaptability to a wide range of requirements. It is widely used in industrial buildings, commercial building, civil building etc.
https://www.marketstudyreport.com/reports/north-america-busway-bus-duct-market-by-manufacturers-countries-type-and-application-forecast-to-2022/?utm_source=RR-PSR
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