Press release
Increasing Construction Activities facilitate Global Copper Busbar Market Growth
According to a new market research report launched by Inkwood Research, the Global Copper Busbar Market is projected to reach $13994.99 million by 2030, recording a CAGR of 6.94% during the forecast period, 2022-2030.Copper Busbar Market - https://inkwoodresearch.com/reports/copper-busbar-market/?utm_source=PaidPRNew&utm_medium=OpenPR&utm_campaign=InkwoodPR
Browse 62 market data Tables and 49 Figures spread over 195 Pages, along with an in-depth analysis of the Global Copper Busbar Market by Material Type, Deployment, End-User, Application & by Geography.
This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all the aspects of this comprehensive market by assessing major geographies, and is a valuable asset for the existing players, new entrants, and future investors. The study presents a detailed market analysis, with inputs derived from industry professionals across the value chain.
Global Copper Busbar Market Scenario
One of the significant growth drivers of the global copper busbar market growth is the rising construction activities. Busbar is an advanced solution for energy distribution, machinery, lighting fittings, and applications in all types of buildings like multi-stories and warehouses. Also, it is used as an alternative for cables, given their properties like ease of installation, low space requirements, and high efficiency.
Further, copper busbars are used in modular constructions due to their high molding capacity and conductivity. Additionally, the big tech players worldwide, like Cisco, Microsoft, and IBM, are heavily investing in megaprojects to build sustainable, smart cities. These encompass intense planning and development before commencement.
Also, these developments require advanced and upgraded transmission and distribution networks. As a result, the industrial and commercial segments are set to offer growth opportunities for copper busbars. However, the global copper busbar market growth is restrained by fluctuating raw material prices, attributed to green energy initiatives and supply chain disruptions.
The Global Copper Busbar Market report provides data tables and includes charts and graphs for visual analysis.
Request Free Sample Report for Global Copper Busbar Market by Material Type, Deployment, End-User, Application & by Geography: https://inkwoodresearch.com/reports/copper-busbar-market/#request-free-sample
Market Segmentation
Market by Deployment
• Industrial
• Residential
• Commercial
Market by End-User
• Data Centres
• Electrical Utilities
• Telecommunication
• Automotive & Transportation
• Other End-Users
Market by Material Type
• ETP (Electrolytic Tough Pitch Copper Busbar)
• Oxygen-Free Copper (Of)
• Other Material Types
Market by Application
• Heat Sink
• Bus Duct
• Transformer
• Switchboard
• Power Distribution Panel
• Motors & Generators
• Other Applications
Report Highlights
- The report provides a detailed analysis of the current and future market trends to identify the investment opportunities
- Market forecasts till 2030, using estimated market values as the base numbers
- Key market trends across the business segments, regions, and countries
- Key developments and strategies observed in the market
- Market dynamics such as drivers, restraints, opportunities, and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2030.
Companies Profiled
• AURUBIS AG
• PROMET AG
• AMERICAN POWER CONNECTION SYSTEMS INC
• LUVATA
• ORIENTAL COPPER LTD
• SIEMENS AKTIENGESELLSCHAFT
• ETABLISSEMENTS GINDRE DUCHAVANY SA
• LAFER IBERICA SRL
• EATON CORPORATION PLC
• SOFIA MED SA
• SCHNEIDER ELECTRIC SE
• ELVALHALCOR HELLENIC COPPER AND ALUMINUM INDUSTRY SA
• WETOWN ELECTRIC GROUP
• KINTO ELECTRIC CO LTD
• ABB LTD
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Tel: 1-(857)293-0150
Email: sales@inkwoodresearch.com
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