Press release
Busbar Market Trends, Demand and Business Opportunities 2022-2027
Busbar Market
Request for a PDF sample of this report: https://www.imarcgroup.com/busbar-market/requestsample
A significant increase in the demand for uninterrupted and reliable power supply, along with the rising adoption of renewable energy sources for power generation, is primarily impelling the market growth. Furthermore, as busbars are reliable, cost-efficient, environment-friendly, require few installation materials, employ reusable and re-locatable plug-in outlets, etc., they are gaining traction over cables. Besides this, the governments of various countries are increasing their investments in grid expansion and modernization. They are also implementing energy-saving programs to improve energy efficiency across commercial facilities. This is projected to further augment the market growth in the coming years. Looking forward, IMARC Group expects the busbar market to reach US$ 22.8 Billion by 2027, exhibiting a growth rate (CAGR) of 4.9% during 2022-2027.
Checkout Now: https://www.imarcgroup.com/checkout?id=1500&method=1
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Competitive Landscape with Key Players:
Siemens
ABB
Schneider Electric
Eaton Corporation
Legrand
General Electric
Mersen
Rittal
Chint Electric
Power Products
C&S Electric
Promet
ElvalHalcor S.A.
Littelfuse
Southwire Company
Oriental Copper
Market Segmentation:
Report Coverage:
Historical, Current and Future Market Trends
Market Breakup by Power Rating:
High
Medium
Low
Market Breakup by Conductor:
Copper
Aluminium
Market Breakup by End-User:
Industrial
Commercial
Residential
Utilities
Market Breakup by Industry:
Chemicals and Petroleum
Metals and Mining
Manufacturing
Others
Breakup by Region:
North America (United States, Canada)
Europe (Germany, France, United Kingdom, Italy, Spain, Others)
Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)
Ask Analyst for Customization and Explore full report with TOC & List of Figures: https://www.imarcgroup.com/busbar-market
Key highlights of the report:
Market Performance (2016-2021)
Market Outlook (2022-2027)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
Related Reports by IMARC Group:
Oil Storage Market: https://www.imarcgroup.com/oil-storage-market
Concentrated Solar Power Market: https://www.imarcgroup.com/concentrated-solar-power-market
Well Intervention Market: https://www.imarcgroup.com/well-intervention-market
Solar Panel Market: https://www.imarcgroup.com/solar-panel-market
Specialty Pigments Market: https://www.imarcgroup.com/specialty-pigments-market
Contact Us:
IMARC Group
30 N Gould St Ste R
Sheridan, WY 82801 USA - Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas: - +1 631 791 1145 | Africa and Europe: - +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Busbar Market Trends, Demand and Business Opportunities 2022-2027 here
News-ID: 2693198 • Views: …
More Releases from IMARC Services Private Limited
Vietnam Food Service Market Size, Industry Growth, Report Trends and Outlook 202 …
How big is the Vietnam Food Service Market?
Vietnam food service market is projected to exhibit a growth rate (CAGR) of 8.82% during 2024-2032. Increased urbanization, rising disposable incomes, diverse cuisine preferences, health-conscious trends, enhanced safety standards post-pandemic, shifting focus on sustainable practices, and the burgeoning travel sector are some of the factors facilitating the market growth.
What is Food Service?
Food service encompasses all activities related to the preparation, distribution, and consumption…
Vietnam Self Storage Market Size, Growing Trends, Industry Report and Forecast 2 …
How big is the Vietnam Self Storage Market?
Vietnam self storage market is projected to exhibit a growth rate (CAGR) of 3.96% during 2024-2032. Increasing consumer demand for extra storage space, changing lifestyles, the rise of the gig economy and remote working arrangements, the thriving tourism industry, and rapid urbanization represent some of the key factors driving the market.
What is Self Storage?
Self-storage refers to the practice of renting or leasing individual…
Vietnam Road Freight Transport Market Size, Industry Trends and Report Insights …
IMARC Group, a leading market research company, has recently releases report titled "Vietnam Road Freight Transport Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032." The study provides a detailed analysis of the industry, including the Vietnam road freight transport market growth, trends, size, share and forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
How Big Is the Vietnam Road Freight…
Vietnam Digital Signage Market Size, Growth Opportunities and Challenges 2024-20 …
How big is the Vietnam Digital Signage Market?
Vietnam digital signage market is projected to exhibit a growth rate (CAGR) of 9.09% during 2024-2032. The surging demand for enhanced communication and interactive content, rising need for real-time updates, brand promotion, and data-driven insights, increasing urbanization and digitalization, and favorable government initiatives represent some of the key factors driving the market.
What is Digital Signage?
Digital signage refers to a technology-driven communication platform that…
More Releases for Busbar
Busbar Trunking Market 2020-2025 Top Key Players | ABB Siemens Schneider Electri …
The Busbar Trunking Market 2020-2025 report delivers a comprehensive research-based study of the market along with the market share, forecast data, in-depth analysis, and detailed overview of the Busbar Trunking industry with respect to Global market. The Busbar Trunking market report further emphasizes on market drivers and restraints at global and regional level. For complete understanding, the report also provides market segmentation and regional market analysis.
For competitor analysis it covers…
Global Busbar Trunking System Market
Global Busbar Trunking System Market valued approximately USD 5.90 billion in 2016 is anticipated to grow with a healthy growth rate of more than 7.23% over the forecast period 2018-2025. Rising energy consumption because of increasing urbanization & industrialization, cost & operational benefits of busbar over cables and increasing concerns towards energy efficiency are the major factors which are driving the growth in the Global Busbar Trunking System Market. Besides…
Busbar Market Blueprint 2025
Global Bubsar Market: Snapshot
Busbar is an electrical system that is made up of a conductor strip of aluminum or copper. This power distribution system is placed in a wide range of equipment such as switchgears, distribution panels, and switchboards along with other items that operate on electricity. In recent years, the demand for low power busbars has been relatively high as they are being readily adopted in commercial and residential…
Busbar Trunking Systems Market Outlook 2017-2022 Elbagate, Legrand, Mersen, Pogl …
Busbar Trunking Systems Market Research Report
A market study based on the " Busbar Trunking Systems Market " across the globe, recently added to the repository of Market Research, is titled ‘Global Busbar Trunking Systems Market 2017’. The research report analyses the historical as well as present performance of the worldwide Busbar Trunking Systems industry, and makes predictions on the future status of Busbar Trunking Systems market on the basis…
Busbar Trunking Systems Market Size 2017 - Elbagate, Mersen, Pogliano, Legrand, …
Busbar Trunking Systems Market Research 2017
A market study ” Global Busbar Trunking Systems Market ” examines the performance of the Busbar Trunking Systems market 2017. It encloses an in-depth Research of the Busbar Trunking Systems market state and the competitive landscape globally. This report analyzes the potential of Busbar Trunking Systems market in the present and the future prospects from various angles in detail.
The Global Busbar Trunking Systems Market 2017…
Europe Busbar Trunking Industry 2016-2021 Growing Market Solutions for Industria …
The report titled Busbar Trunking Market Research 2016 provides professional, research-backed insights into the current and projected dynamics of the Busbar Trunking market. With a firm focus on dynamics such as growth propellers, inhibitors, emerging trends and opportunities, and new technologies, the Busbar Trunking market report provides a well-rounded overview. The first chapter of the report introduces the research methodology as well, definition, and lays down the classification and segmentation…
