Global Copper Busbar Market Overview:
Copper Busbar is a Busbar system which made of the conductors in the form of a bar of copper conductor. These bars can be exposed or enclosed. It is having one or more joints with one or more take-off points connected to the end-use equipment. It is also available in aluminum busbars. It is required to define a power distribution inside an electric panel board. Some of the players profiled in the study are Oriental Copper (Thailand), Pentair (United States), Gindre (United States), Schneider Electric (France), Watteredge (United States), Luvata (Finland), Gonda Metal (Japan), Metal Gems (India), EMS Industrial & Service (United States) and Storm Power Components (United States).
On the basis of geography, the market of Copper Busbar has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Technical Features, the sub-segment i.e. Electrolytic Copper will boost the Copper Busbar market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Product, the sub-segment i.e. Threaded Copper Bars will boost the Copper Busbar market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Parameter, the sub-segment i.e. Electrical Parameters will boost the Copper Busbar market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers
- Rising Investments towards Establishing Enhanced Power Supply Network across the Residential, Commercial and Industrial Establishment
- Rising Investments towards Refurbishment and Replacement of Aging Transmission Networks
- High Adoption of Smart Grid Technology
Influencing Trend
- Increasing demand of ETP (Electrolytic Tough Pitch Copper Busbar) because of its high electrical and thermal conductivity, and high corrosion resistance and solderability. It is highly utilized in electrical power installation. Another reason behind its high adoption is because of its high availability in various sizes.
Restraints
- High Availability Low-Quality and Inexpensive Products by Unorganized Market
Opportunities
- Rising Demand for Reliable and Continuous Electricity Supply Coupled
- Rapid Urbanization Along With Rising Funding Toward Infrastructure Development
- Increasing Number of Smart Cities
Challenges
- Fluctuation of Raw Material Prices
The global copper busbar market is highly competitive and consists of some key players. In terms of market share, few of the key players presently dominate the global market. These market players are leveraging on strategic collaborative creativities to intensification their market share and escalation their profitability.
Target Audience:
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Copper Busbar Manufacturers, Suppliers and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries
Major Objectives Focused through this Study
To define, describe, and forecast the Global Copper Busbar market on the basis of product [ETP (Electrolytic Tough Pitch Copper Busbar), OF (Oxygen-Free Copper Busbar) and Others] , application [Utilities, Commercial, Industrial, Residential, Industrial {Chemicals & Petroleum, Metals & Mining, Manufacturing} and Others], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Copper Busbar market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Copper Busbar industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Vendors which are also part of the research are Kaseey Co., Ltd. (China), nVent Electric (United Kingdom) and Sarkuysan (Turkey).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Copper Busbar market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.