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Busway-Bus Duct Market Research Report 2023 | Valuates Reports
The global Busway-Bus Duct market is projected to grow from US$ 11140 million in 2023 to US$ 15620 million by 2029, at a Compound Annual Growth Rate (CAGR) of 5.8% during the forecast period.
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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%.
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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
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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