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Busway-Bus Duct Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports
Busway-Bus Duct Market SizeThe 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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Busway-Bus Duct Market Share
North America has a developed Busway-Bus Duct market, especially in the US and Canada. Modern infrastructure and energy efficiency are major priorities in this region. Due to its energy efficiency and versatility, Busway-Bus Ducts are recommended in data centers, industrial applications, and commercial buildings, which dominate this industry.
Another well-established market is the European Busway-Bus Duct market, which emphasizes technological developments and sustainability. The integration of renewable energy sources and smart grid technologies, which are being invested in by European nations, are propelling the use of Busway-Bus Ducts in the commercial and industrial sectors.
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Segment by Type
• Air Splicing Bus Duct (BMC)
• Intensive Insulation Plug Bus Duct (CMC)
• Higher Strength Enclosed Bus Duct (CFW)
Segment by Application
• Industrial Buildings
• Commercial Building
• Municipal Buildings
• Other
By Company
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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