Press release
Global Grounding Busbar Trunking Systems Market Research Report 2023
Grounding busbar trunking systems distribute electricity with greater ease and flexibility than some other more permanent forms of installation and distribution. Sometimes spelled bus bar or buss bar, they are often metallic strips of copper, brass, or aluminum that both ground and conduct electricity.The global Grounding Busbar Trunking Systems market was valued at US$ million in 2022 and is anticipated to reach US$ million by 2029, witnessing a CAGR of % during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
North American market for Grounding Busbar Trunking Systems is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
Asia-Pacific market for Grounding Busbar Trunking Systems is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
The key global companies of Grounding Busbar Trunking Systems include Siemens, ABB, Eaton, NVent ERICO, Panduit, Chatsworth Products, Harger Lightning & Grounding, Rittal and Burndy, etc. In 2022, the world's top three vendors accounted for approximately % of the revenue.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Grounding Busbar Trunking Systems, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Grounding Busbar Trunking Systems.
The Grounding Busbar Trunking Systems market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Grounding Busbar Trunking Systems market comprehensively. Regional market sizes, concerning products by type, by application and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Grounding Busbar Trunking Systems manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.
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Key Segmentation
By Company
Siemens
ABB
Eaton
NVent ERICO
Panduit
Chatsworth Products
Harger Lightning & Grounding
Rittal
Burndy
Legrand
LS Cable
E.A.E Elektrik
Vertiv
Godrej & Boyce
Anord Mardix
KYODO KY-TEC
Huapeng Group
Wetown Electric
Vass Electrical Industries
Baosheng
Graziadio
Megabarre
DTM Elektroteknik
DBTS Industries
Naxso
Gersan Elektrik
Norelco
Segment by Type
Segregated Bus Duct
Nonsegregated Bus Duct
Segment by Application
Industrial
Commercial
Residential
Transportation
Others
Production by Region
North America
Europe
China
Japan
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