United States Busbar Market – By Key Players, Type, Application, Region, and Forecast 2023

The global busbar market has been witnessing considerable growth due to increasing application of busbars in the power infrastructure sector, which includes substations, switchgear, transformers and other transformation and distribution (T&D) equipment.

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Busbar is an advanced solution for the distribution of energy in an installation, for machinery, equipment and lighting fittings. Busbar finds its application in all types of buildings such as warehouses and multi-storey buildings.

A busbar is an electrical conductor which carries a large current and is an integral part of the power distribution system.It typically exists in the form of a thick strip or a tube, which is made up of copper or aluminum.

In the transportation sector, solid aluminum busbar is used to connect batteries to electrical components. Increase in the demand for commercial or passenger vehicles would aid in the growth of the busbar market, as busbar is an essential component of vehicular operations.

The APAC region outgrew other regions in the global busbar market in 2015. The region showcased increased demand for busbars from the automotive and power sectors which drove the growth of the market in the APAC region.

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The key players operating in the global busbar market are ABB LTD. (Switzerland), Mersen S.A., Schneider Electric (France), Chint Electrics Co. Ltd., Siemens AG (Germany), Eaton Corporation plc. (Ireland), and Legrand S.A. (France).