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Busbar Trunking Systems Market Share
- Report ID: GMI2217
- Published Date: May 2023
- Report Format: PDF
Busbar Trunking Systems Market Share
Major busbar trunking systems market players includes
- Eaton
- Siemens
- EAE
- Schneider Electric
- ABB
- L&T Electrical & Automation
- C&S Electric Limited
- Legrand
- Godrej
- Naxso S.r.l
- MEGABARRE EUROPE SRL
- Effibar
- NOVA Electrical Co.
- Entraco Bks Busducts Pvt. Ltd.
- Gersan Elektrik A
Enhanced espousal of cost & energy efficient alternatives to obsolete cable power distribution systems will offer opportunities for the manufacturers to develop innovative products, thereby boosting the industry dynamics.
Frequently Asked Questions (FAQ) :
The market size of busbar trunking systems exceeded USD 2.6 billion in 2023 and will progress at 10.3% CAGR during 2024 to 2032 propelled by the increasing electricity demand, coupled with the rising need for the refurbishment of prevailing electrical setup.
The lighting systems segment is poised to grow considerably through 2032 on account of rising demand for hassle-free power distribution systems across overhead & raised floors and false ceilings.
The utility application segment held a considerable share of the busbar trunking systems industry in 2022 attributed to increasing emphasis on the integration of wide-ranging frequency distribution links, along with growing concerns for energy efficiency.
Asia Pacific busbar trunking systems sector is slated to expand significantly by 2032 as a result of growing electricity demand, coupled with growing points of connection in the region.
Major firms operating in busbar trunking systems industry are Eaton, Siemens, EAE, Schneider Electric, ABB, L&T Electrical & Automation, C&S Electric Limited, Legrand, Godrej, Naxso S.r.l, MEGABARRE EUROPE SRL, Effibar, NOVA Electrical Co., Entraco Bks Busducts Pvt. Ltd., Gersan Elektrik A.?.
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