Heavy Industry

Busbar Trunking Systems

Busbar Trunking Systems

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Busbar Trunking Systems
Global Busbar Trunking Systems Market to Reach $10.6 Billion by 2030
The global market for Busbar Trunking Systems estimated at US$6.7 Billion in the year 2022, is projected to reach a revised size of US$10.6 Billion by 2030, growing at a CAGR of 5.9% over the period 2022-2030. Sandwich, one of the segments analyzed in the report, is projected to record 6.1% CAGR and reach US$7.1 Billion by the end of the analysis period. Growth in the Air segment is estimated at 5.6% CAGR for the next 8-year period.

The U.S. Market is Estimated at $1.3 Billion, While China is Forecast to Grow at 7.5% CAGR
The Busbar Trunking Systems market in the U.S. is estimated at US$1.3 Billion in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.6 Billion by the year 2030 trailing a CAGR of 7.5% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.2% and 5.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.1% CAGR.Select Competitors (Total 82 Featured) - Alfa Technologies Pvt Ltd (Alfaduct) Anord Mardix Inc. Aurubis AG C&S Electric Limited DBTS Industries Sdn Bhd EAE Elektrik A.S. Eaton Corporation plc GERSAN ELEKTRIK AS Godrej & Boyce Mfg. Co. Ltd. GRAZIADIO & C. S.P.A. JRC Powertech KDH Engineering Ltd. L&T Electrical and Automation LEGRAND SA Maan Engineering Ltd MEGABARRE EUROPE SRL NOVA Limited Power Plug Busduct Sdn. Bhd. Rittal GmbH & Co. KG Schneider Electric SE Siemens AG Vass Electrical Industries VMtec Maschinen- und Anlagenbau GmbH ZHENDA Complete Sets of Electric Equipment Co., Ltd.Please note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.

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