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Busbar Market Share

Report ID: GMI2399
Published Date: May 2023
Report Format: PDF

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Busbar Market Share

Notable industry players across busbar market share include:

Littlefuse
Halcor Metal Works S.A.
Methode Electronics
Schneider Electric
MERSEN
Rittal GmbH & Co. KG
Southwire Company, LLC.
Oriental Copper Co., Ltd.
Godrej
Busbar Systems Belgium BVBA
Siemens Energy
Legrand
ABB
Bhagyanagar India
Eaton
C&S electric

Authors: Ankit Gupta, Shashank Sisodia

Frequently Asked Questions (FAQ) :

Global market for busbar was worth more than USD 20.2 billion in 2023 and will grow at a CAGR of over 5% through 2032, driven by the rapid urbanization and infrastructural development projects, particularly in emerging economies.

Commercial application was over 43% in 2022 due to the increasing electricity demand on account of rapid commercialization and urbanization.

The U.S. busbar market will witness robust growth by 2032 on account of favorable measures to replace conventional power supply systems with energy-efficient technologies to lower transmission losses.

Littlefuse, Halcor Metal Works S.A., Methode Electronics, MERSEN, Rittal GmbH & Co. KG, Schneider Electric, Southwire Company, LLC., Oriental Copper Co., Ltd., Godrej, Busbar Systems Belgium BVBA, Siemens Energy, Legrand, ABB, Bhagyanagar India, Eaton, and C&S electric.