Global Busway-Bus Duct Market Research Report 2021

Bus duct is a closed metal device composed of copper and aluminum bus bars, which is used to distribute large power for each component of the distributed system. In the indoor low-voltage power transmission trunk project, more and more wires and cables have been replaced.
In terms of product type and technology, the products can be divided into Air Splicing Bus Duct (BMC), Intensive Insulation Plug Bus Duct (CMC) and Higher Strength Enclosed Bus Duct (CFW). Among them, Intensive Insulation Plug Bus Duct (CMC) occupies the main market, and the market share of output in 2019 is about 60%.
From the perspective of product market application, the products can be used in industrial buildings, commercial buildings, municipal buildings, etc., among which commercial buildings account for the largest proportion. In 2019, bus duct systems for commercial buildings account for about 52% of total production.

Market Analysis and Insights: Global Busway-Bus Duct Market
The global Busway-Bus Duct market was valued at US$ 9888.3 million in 2020 and it is expected to reach US$ 14700 million by the end of 2027, growing at a CAGR of 5.8% during 2021-2027.

Global Busway-Bus Duct Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global Busway-Bus Duct Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

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

Production by Region
North America
Europe
China
Japan
Southeast Asia
India

Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E