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Busway-Bus Duct Market Revenue, Insights, Overview, Outlook, Analysis | Valuates Reports
The global Busway-Bus Duct market was valued at US$ 10480 million in 2022 and is anticipated to reach US$ 15620 million by 2029, witnessing a CAGR of 5.8% during the forecast period 2023-2029.
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Busway-Bus Duct Market Share
In terms of product type and technology, the products can be divided into Air Splicing Bus Duct (BMC), Intensive Insulation Plug Bus Duct (CMC) and Higher Strength Enclosed Bus Duct (CFW). Among them, Intensive Insulation Plug Bus Duct (CMC) occupies the main market, and the market share of output in 2019 is about 60%.
From the perspective of product market application, the products can be used in industrial buildings, commercial buildings, municipal buildings, etc., among which commercial buildings account for the largest proportion. In 2019, bus duct systems for commercial buildings account for about 52% of total production.
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By Type
• Air Splicing Bus Duct (BMC)
• Intensive Insulation Plug Bus Duct (CMC)
• Higher Strength Enclosed Bus Duct (CFW)
By Application
• Industrial Buildings
• Commercial Building
• Municipal Buildings
• Other
Key Players
Schneider Electric, Siemens, ABB, Eaton, LS Cable & System, Starline (Legrand), DBTS, Godrej & Boyce, Furukawa Electric, Powell Industries, Honeywell, Dynamic Electricals, PPB, KYODO KY-TEC Corp., Hua Peng, Wetown, Dasheng Microgrid Technology, Woer, BYE Corporation, GUANGLE, Baosheng Group, Hanhe Cable
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