Busway, also known as bus duct, is an electrical power supply distribution system that seamlessly distributes power from one end of the building to another. A key advantage of busway is its flexibility and adaptability to a wide range of requirements. It is widely used in industrial buildings, commercial building, civil building etc.
Busway provides flexible power distribution solutions for a variety of applications where change and adaptation are important. It offers a complete line of compatible, sandwich-type feeder and plug-in busway lengths and fittings. According to the different insulation way, busway is divided into BMC, CMC and CFW etc. CMC is the most widely used type which takes up about 52% of the global total in 2016. And the production cost of CMC is relatively low.
Schneider Electric, Siemens, GE Ind, Eaton and LS Cable are the key producers in the global busway market. Top five took up about 26% of the global production in 2016. Schneider Electric is the leading producer over the world with the total local share of about 8% in 2016.
According to this study, over the next five years the Busway-Bus Duct market will register a 3.3% CAGR in terms of revenue, the global market size will reach US$ 10900 million by 2024, from US$ 8980 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Busway-Bus Duct business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Busway-Bus Duct market by product type, application, key manufacturers and key regions and countries.
This study considers the Busway-Bus Duct value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3: and forecast to 2024 in section 11.7.
Air Splicing Bus Duct (BMC)
Intensive Insulation Plug Bus Duct (CMC)
Higher Strength Enclosed Bus Duct (CFW)
Other Types
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4: and forecast to 2024 in section 11.8.
Industrial Buildings
Commercial Building
Civil Buildings
Other Application
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Schneider Electric
Siemens
GE Ind.
Eaton
LS Cable
UEC
Huapeng Group
C&S Electric
DBTS Ind
Godrej Busbar Systems
Furukawa Electric
Powell
Honeywell
WETOWN
Somet
ABB
Dasheng Microgrid
Huabei Changcheng
WOER
Lonsdaleite
Amppelec
Yuanda Electric
Dynamic Electrical
BYE
Furutec Electrical
Guangle Electric
Baosheng
Hanhe Cable
PPB
Larsen & Toubro
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Busway-Bus Duct consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Busway-Bus Duct market by identifying its various subsegments.
Focuses on the key global Busway-Bus Duct manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Busway-Bus Duct with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Busway-Bus Duct submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
