Bus Duct Market | Busway Market Value to grow at 10900 Million USD in 2023 Worldwide

Global busway/bus duct market overview:

Busway, also known as bus duct, is an electrical power supply distribution system that seamlessly distributes power from one end of the building to another. A key advantage of busway is its flexibility and adaptability to a wide range of requirements. It is widely used in industrial buildings, commercial building, civil building etc.

This report focuses on the Busway /Bus Duct in Global Market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Busway provides flexible power distribution solutions for a variety of applications where change and adaptation are important. It offers a complete line of compatible, sandwich-type feeder and plug-in busway lengths and fittings. According to the different insulation way, busway is divided into BMC, CMC and CFW etc. CMC is the most widely used type which takes up about 52% of the global total in 2016. And the production cost of CMC is relatively low.

The global busway average price is in the decline trend, from 681 $/m in 2012 to 578 $/m in 2017. The price will be in decline trend if more capacity goes into operation and price of the raw material get reduction in the future. The busway production will reach about 8985 km in 2016 from 7406 km in 2012 at an average annual growth rate of more than 7.43%.
China is the largest production of busway in the world in the past few years and it will keep the same position in the next few years. The Chinese market took up about 42% the global market in 2016, the second largest is USA 14.6% and Europe is followed with the share about 13%.
The worldwide market for Busway/Bus Duct is expected to grow at a CAGR of roughly 3.3% over the next five years, will reach 10900 million US$ in 2023, from 8980 million US$ in 2017, according to a new Planet Market Reports study.

Market Segment by Manufacturers, this report covers

Schneider Electric
Siemens
GE Ind.
Eaton
LS Cable
UEC
Huapeng Group
C&S Electric
DBTS Ind
Godrej Busbar Systems
Furukawa Electric
Powell
Honeywell
WETOWN
Somet
ABB
Dasheng Microgrid
Huabei Changcheng
WOER
Lonsdaleite
Amppelec
Yuanda Electric
Dynamic Electrical
BYE
Furutec Electrical
Guangle Electric
Baosheng
Hanhe Cable
PPB
Larsen & Toubro

Market segment by regions, regional analysis covers

North America United States, Canada and Mexico
Europe Germany, France, UK, Russia and Italy
Asia-Pacific China, Japan, Korea, India and Southeast Asia
South America Brazil, Argentina, Colombia etc.
Middle East and Africa Saudi Arabia, UAE, Egypt, Nigeria and South Africa

Market segment by type, covers

Air Splicing Bus Duct BMC
Intensive Insulation Plug Bus Duct CMC
Higher Strength Enclosed Bus Duct CFW
Other Types

Market segment by applications, can be divided into

Industrial Buildings
Commercial Building
Civil Buildings
Other Application

Get More Information about this Report and TOC @ https://www.planetmarketreports.com/reports/global-busway-bus-duct-market-2018-2023

There are 15 Chapters to deeply display the global Busway/Bus Duct market.

Chapter 1, to describe Busway/Bus Duct Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Busway/Bus Duct, with sales, revenue, and price of Busway/Bus Duct, in 2016 and 2017;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Busway/Bus Duct, for each region, from 2013 to 2018;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
Chapter 12, Busway/Bus Duct market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
Chapter 13, 14 and 15, to describe Busway/Bus Duct sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.

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