Lack of sufficient space in multi-storey buildings and focus towards energy efficient practices along with increased government mandates to have efficient use of electricity are the key factors that boost the growth of this market. Furthermore, operational efficiency and technical enhancements are the factors attracting end-users thereby fueling the growth of the busbar trunking market. The limited benefits to small & medium enterprises coupled with fluctuating prices of raw materials is a restraining factor hindering the growth of the market. Integration of wind power technology in global power generation mix coupled with emergence of smart & green cities are the key factors that is expected to offer abundant growth opportunities to the busbar trunking market. High cost of capital is a key market challenge that is faced by market players to grow in the market.
The report segments the busbar trunking market on the basis of power rating, conductor, insulation, end-user and region. On the basis of power rating the market is segmented into lighting range, low power range, medium power range and high power range. On the basis of conductor the market is segmented into copper and aluminium. The report segments the market on the basis of insulation into air insulation and sandwich insulation. On the basis of end-users the report is segmented into industrial, commercial, renewable power generation, large residential, public infrastructure and transportation. The Industrial segment is further segmented into manufacturing industry and process industry. On the basis of region, the market is segmented into North America, South America, Europe, Asia-Pacific, Middle East and Africa.
Key market players operating in this market are ABB Ltd., Siemens AG, Schneider Electric Co., Legrand, Eaton Co., GE Industrial, ARJ Group, Busbar Services, C&S Electric Ltd and DBTS Industries SDN. BHD.
KEY BENEFITS FOR STAKEHOLDERS:
The report provides a comprehensive analysis of current & future market trends and emerging avenues for the growth of this market across the globe.
The report offers an overview of changing market dynamics in terms of fast turn-around analysis of stakeholders responses to recent industry policy changes and market trends.
The report offers an insight into competitive landscape in terms of new technological developments, untapped segments, and value chain analysis.
This report entails the detailed quantitative analysis of the current market and estimations through 2014 and 2020, which assists in identifying the prevailing market opportunities.
Recent developments in government policies on various segments is highlighted along with offering insight into the regulatory framework impacting the market.
The report offers strategic analysis of financial status of key market players, and highlights market share of key vendors.
The report offers the competitive landscape scenario in terms of the strategies adopted by key industry players to consolidate their market positions.
BUSBAR TRUNKINGKEY MARKET SEGMENTS:
Busbar Trunking Market By Power Rating
Low Power Range
Medium Power Range
High Power Range
Busbar Trunking Market By Conductor
Busbar Trunking Market By Insulation
Busbar Trunking Market By End-User
Renewable Power Generation
Busbar Trunking Market By Region
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.