Busbar Trunking Market worth


Posted May 3, 2017 by singhsanju85

Busbar Trunking System is a prefabricated electrical distribution system consisting of busbars in a protective enclosure, including straight lengths, elbows, fittings, devices, and accessories.

 
The report "Busbar Trunking Market by Power (Lighting, Low, Medium, & High), by Conductor (Copper & Aluminum), by Insulation, by End-User (Industrial, Commercial, Residential, Wind & Solar, Public Infrastructure and Transportation) - Global Trends & Forecast to 2020", The global busbar trunking system market will grow from an estimated value of $6.46 Billion in 2015 to $9.17 Billion by 2020 with a CAGR of 7.25% from 2015 to 2020
Browse 79 market data tables and 76 figures spread through 168 pages and in-depth TOC on “Busbar Trunking Market by Power (Lighting, Low, Medium, & High), by Conductor (Copper & Aluminum), by Insulation, by End-User (Industrial, Commercial, Residential, Wind & Solar, Public Infrastructure and Transportation) - Global Trends & Forecast to 2020”
http://www.marketsandmarkets.com/Market-Reports/busbar-trunking-market-267448154.html
Early buyers will receive 10% customization on reports.
The market study on busbar trunking system defines and segments the market with regional forecast and segment revenue estimates till 2020. Top market players from the industry have been studied in order to track developments, technologies, and other key business strategies that define the market environment. Busbar trunking systems are considered as a replacement for cable tray systems as they are more energy efficient, reduces system costs, provides better operational flexibility, and improves reliability when compared to cable tray systems in an electrical network.
Asia-Pacific: The largest market for busbar trunking systems
The Asia-Pacific region holds the largest market for busbar trunking system, driven by huge investments in smart cities, green constructions, high-rise buildings and transportation infrastructure especially in the South East Asian region. The other major drivers include increasing power demand, industrialization and urbanization, and rapid development in the commercial sector in countries such as China, India, Japan, and South Korea.
Download PDF Brochure @ http://www.marketsandmarkets.com/pdfdownload.asp?id=267448154
Renewable power generation: Biggest market by application
Busbar trunking system is an important component in wind and solar based power generation. They are used for interconnection of wind turbines and solar panels with the nearby switchgear and it connects the switchgear to the transformers and vice versa. Currently, both developed and developing countries are making mandates to include wind energy in their generation mix that would increase the demand of busbar trunking systems.
The busbar trunking system industry is fragmented and offers several opportunities for consolidation and growth through an increase in economies of scale. The industry has low entry and exit barriers, which acts as a driver for the market. Top players of the busbar trunking system market are General Electric (U.S.), Eaton Corporation Plc. (Ireland), Schneider Electric SE (France), Legrand (France), and Siemens AG (Germany)
Make an Inquiry @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=267448154
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
Email: [email protected]
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By marketsandmarkets
Country India
Categories Energy
Last Updated May 3, 2017