In electrical power distribution, a busbar (also spelled bus bar, or sometimes as buss bar or bussbar, with the term bus being a contraction of the Latin omnibus, "for all", is a metallic strip or bar (typically copper, brass or aluminium) that conducts electricity within a switchboard, distribution board, substation, battery bank, or other electrical apparatus. Busbar is an electrical conductor that carries large current, especially one that is part of a power distribution system; typically a thick strip, or a tube. Busbars are used to carry substantial electric currents over relatively short distances; their greater surface area (compared to a wire of the same weight) reduces losses due to corona discharge.
The material composition and cross-sectional size of the busbar determine the maximum amount of current that can be safely carried. Busbars can have a cross-sectional area of as little as 10 square millimetres (0.016 sq in), but electrical substations may use metal tubes 50 millimetres (2.0 in) in diameter (20 square millimetres (0.031 sq in)) or more as busbars.
Global demand of Copper Busbar has maintained steady growth, the growth rate is around 1.5%, and similar to production growth. Copper Busbar major type is OFCopper Busbar and ETPCopper Busbar. Downstream applications field include Industrial Buildings, Commercial Building and Civil Building, these industries development rapidly, this industries demand for fastener and shaped pieces are constantly increasing, indirectly stimulating the market demand of Copper Busbar, and stimulate the development of Copper Busbar industry.
Despite the presence of competition problems, the global recovery trend is clear, Copper Busbar retains its advantage in fastener and shaped pieces produce, investors are still optimistic about this area; the future will still have more new investment enter the field. Although sales of Copper Busbar brought a lot of opportunity, the study group recommends the new entrants just having money but without technical advantage and downstream support do not to enter into the Copper Busbar field.
According to this study, over the next five years the Copper Busbar market will register a 2.2% CAGR in terms of revenue, the global market size will reach USD 4810 million by 2024, from USD 4210 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Copper Busbar business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Copper Busbar market by product type, application, key manufacturers and key regions and countries.
This study considers the Copper Busbar 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.
ETP (Electrolytic Tough Pitch Copper Busbar)
OF (Oxygen-free Copper Busbar)
Others
Segmentation by application- breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Industrial Buildings
Commercial Buildings
Civil Buildings
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.
Oriental Copper
Pentair
Gindre
Schneider
Watteredge
Luvata
Gonda Metal
Metal Gems
Gonda Metal
EMS
Storm Power Components
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 Copper Busbar 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 Copper Busbar market by identifying its various subsegments.
Focuses on the key global Copper Busbar 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 Copper Busbar 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 Copper Busbar 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.
