Bus Duct Market - Global Outlook and Forecast 2023-2028

Report ID: 1077716 | Published Date: Jan 2025 | No. of Page: 126 | Base Year: 2024 | Rating: 4.8 | Webstory: Check our Web story

In electric power distribution, a bus duct (also called busway), is a sheet metal duct containing either copper or aluminium busbars for the purpose of conducting a substantial current of electricity. 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.
This report contains market size and forecasts of Bus Duct in global, including the following market information:
Global Bus Duct Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Bus Duct Market Sales, 2017-2022, 2023-2028, (K Meters)
Global top five Bus Duct companies in 2021 (%)
The global Bus Duct market was valued at 10420 million in 2021 and is projected to reach US$ 17580 million by 2028, at a CAGR of 7.8% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
BMC (Air Splicing Bus Duct) Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Bus Duct include Schneider Electric, Siemens, ABB, Eaton, LS Cable, Legrand, DBTS Ind, Godrej & Boyce and Furukawa Electric, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Bus Duct manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Bus Duct Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Meters)
Global Bus Duct Market Segment Percentages, by Type, 2021 (%)
BMC (Air Splicing Bus Duct)
CMC (Intensive Insulation Plug Bus Duct)
CFW (Higher Strength Enclosed Bus Duct)
Global Bus Duct Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Meters)
Global Bus Duct Market Segment Percentages, by Application, 2021 (%)
Industrial Building
Commercial Building
Civil Building
Other Application
Global Bus Duct Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Meters)
Global Bus Duct Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Bus Duct revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Bus Duct revenues share in global market, 2021 (%)
Key companies Bus Duct sales in global market, 2017-2022 (Estimated), (K Meters)
Key companies Bus Duct sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Schneider Electric
Siemens
ABB
Eaton
LS Cable
Legrand
DBTS Ind
Godrej & Boyce
Furukawa Electric
Powell
Honeywell
Dynamic Electrical
PPB
KYODO KY-TEC Corp.
Amppelec
Huapeng Group
WETOWN
Dasheng Microgrid
WOER
BYE
Guangle Electric
Baosheng
Hanhe Cable
SWCC SHOWA HOLDINGS

Frequently Asked Questions
Bus Duct Market In Global report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
Bus Duct Market In Global report is categorised based on following features:
  1. Global Market Players
  2. Geopolitical regions
  3. Consumer Insights
  4. Technological advancement
  5. Historic and Future Analysis of the Market
Bus Duct Market In Global report is designed on the six basic aspects of analysing the market, which covers the SWOT and SWAR analysis like strength, weakness, opportunity, threat, aspirations and results. This methodology helps investors to reach on to the desired and correct decision to put their capital into the market.

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