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Investment Opportunities in the Data Center Busway Market: CAGR of 8.6% and Forecast Value of $3,486.25 million by 2028

06-25-2023 09:58 PM CET | Health & Medicine

Press release from: Data Bridge Market Research

/ PR Agency: DBMR
Revolutionizing the Data Center Busway Market: Exploring Lucrative Opportunities and Market Dynamics

Revolutionizing the Data Center Busway Market: Exploring Lucrative Opportunities and Market Dynamics

The world class Data Center Busway market report offers sustainable forward looking growth programs, to ensure business success which is imperative for organizations. This report contains historic data, present market trends, environment, technological innovation, upcoming technologies and the technical progress in the related industry. This market research report is a complete overview of the market, covering various aspects like product definition, segmentation based on various parameters, and the prevailing vendor landscape. Data Center Busway market study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

Data center busway market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with the CAGR of 8.6% in the forecast period of 2021 to 2028 and expected to reach USD 3,486.25 million by 2028.

Download Sample PDF Copy of this Report to understand structure of the complete report (Including Full TOC, Table & Figures) @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-data-center-busway-market

Market Overview:

Data center busways are straight length power distribution components used for supplying power to electronic components in mission critical facilities such as data centers, manufacturing units, IT facilities, residential buildings and others. In a power distribution system busways are integrated with intelligent PDUs, monitoring systems, UPS and others. Busways provide advantages over the conventional wire & cable system of power distribution as once installed the cable & wire assemblies are difficult to change. Busways are pre-fabricated or can be customised according to the facility. Copper or aluminium is used as a conductor in the busways. Busways are usually employed where high power transmission is required as they are more efficient, scalable and safe as compared to the wire & cable system. Busways are preferred in the facilities where high power distribution system is required as for high power transmission the cable & wire installation becomes cluttered and takes more space apart from that the maintaining the busways is less costly as compared to the cables & wires.

Key players operating in the global pertussis market include:

• Vass Electrical Industries,
• Anord Mardix,
• ABB,
• Dingsheng Group,
• Schneider Electric,
• Eaton,
• Siemens,
• Legrand SA,
• Delta Power Solutions,
• Wetown,
• Power Plug Busduct Sdn. Bhd.,
• Rittal GmbH & Co. KG,
• Megabarre Group, Ltd.,
• TAIAN-ECOBAR TECHNOLOGY,
• Tai Sin Electric Limited,
• FURUKAWA ELECTRIC CO., LTD.,
• Vertiv Group Corp.,
• FURUTEC ELECTRICAL SDN BHD

Global Data Center Busway Market Scope and Market Size:

Data center busway market is segmented on the basis of product type, type, implementation, data center type, current ampere, and vertical. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

• On the basis of product type, the global data center busway market has been segmented into air splicing busway (BMC), intensive insulation plug busway (CMC), high strength enclosed busway (CFW), power distribution units (PDUs) and others. In 2021, the power distribution units (PDUs) holds the largest share in the market, as the power distribution are the important hardware for the data center which runs the data center.

• On the basis of type, the global data center busway market has been segmented into 3-phase 4-wire, 3-phase 5-wire and others. In 2021, 3-phase 4-wire holds the largest share in the market, as the companies uses this system for power supply to data center which results in less resistance of current and efficiency is high.

• On the basis of implementation, the global data center busway market has been segmented into raised floor and ceiling overhead. In 2021, ceiling overhead category holds the largest share in the market. This is mainly due to reusable property of the ceiling overboard which is very convenient and efficient.

• On the basis of data center type, the global data center busway market has been segmented into mid-sized & enterprise data center and large data center. In 2021, large data center holds the largest share in the market as the large data center have money and space for the installation of busways for power distribution and hence it is the most dominating segment
• On the basis of current ampere, the global data center busway market has been segmented into low and high. In 2021, low holds the largest share in the market as the busway systems are majorly used by mid enterprise data center.

• On the basis of vertical, the global data center busway market has been segmented into banking, financial services and insurance (BFSI), IT & telecom, government & defense, healthcare, retail & ecommerce, research & academia, energy & utilities, manufacturing and others. In 2021, IT & Telecom holds the largest share in the market, owing to the rapid growth of the IT & Telecom industry as it generates a large amount of data and the organizations are heading towards the digitalization and cloud services which requires data centers where busways are used for power distribution.

Browse More About This Research Report @ https://www.databridgemarketresearch.com/reports/global-data-center-busway-market

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About Data Bridge Market Research:

An absolute way to predict what the future holds is to understand the current trend! Data Bridge Market Research presented itself as an unconventional and neoteric market research and consulting firm with an unparalleled level of resilience and integrated approaches. We are committed to uncovering the best market opportunities and nurturing effective information for your business to thrive in the marketplace. Data Bridge strives to provide appropriate solutions to complex business challenges and initiates an effortless decision-making process. Data Bridge is a set of pure wisdom and experience that was formulated and framed in 2015 in Pune.

Data Bridge Market Research has more than 500 analysts working in different industries. We have served more than 40% of the Fortune 500 companies globally and have a network of more than 5,000 clients worldwide. Data Bridge is an expert in creating satisfied customers who trust our services and trust our hard work with certainty. We are pleased with our glorious 99.9% customer satisfaction rating.

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