(EMAILWIRE.COM, April 19, 2019 ) The report "Busbar Trunking System Market by End-User (Industrial, Commercial, Large Residential, and Transportation), Power Rating (Lighting, Low, Medium, and High), Conductor (Copper and Aluminum), Insulation (Air and Sandwich), and by Low Voltage Segment - Global Forecast to 2022", The busbar trunking system market is expected to grow from an estimated USD 6.35 Billion in 2017 to USD 8.85 Billion by 2022, registering a CAGR of 6.88%, from 2017 to 2022. The global market is set to witness a significant growth due to the increasing demand for electricity, multiple operational and technical advantages to attracted end-users, and stringent regulatory requirements to save power.

Browse 115 market data tables and 104 figures spread through 215 pages and in-depth TOC on "Busbar Trunking System Market - Global Forecast to 2022"

The industrial sector is expected to hold the largest share of the busbar trunking system market, by end-user, during the forecast period.

The industrial sub-segment, within the end-user segment, led the busbar trunking system market in 2016, and is projected to dominate the market during the forecast period. The segment is expected to grow at the fastest rate during the forecast period. This segment is primarily driven by the increasing number of manufacturing activities in South Asian countries and increasing renewable sector in the North American countries. This is expected to create new revenue pockets for the busbar trunking system market during the forecast period. Busbar trunking systems plays a critical role in the T&D sector and distributes electricity to the production floors in various manufacturing as well as process industries.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=267448154

The sandwich busbar trunking system sub-segment, within the insulation segment, is expected to hold the largest share of the busbar trunking system market during the forecast period.

The sandwich busbar trunking sub-segment, within the insulation segment, led the busbar trunking system market in 2016, and is projected to dominate the market during the forecast period. The segment is expected to grow at the fastest rate during the forecast period.

In the sandwich insulation type busbar trunking system, busbars are coated with epoxy or cast resin insulation material. This structure is more compact, energy efficient, flexible, reliable, fire retardant, and economical as compared to air insulated system. Hence, it is more preferred and used in applications such as wind power generation, data centers, high-rise buildings, IT parks, large retail outlets, warehouses, manufacturing, and process industries. The growing number of commercialization in developing economies, such as China, Japan, Australia, and India, is expected to create new revenue pockets for the busbar trunking system market during the forecast period.

Asia-Pacific: The leading market for busbar trunking system

In this report, the busbar trunking system market has been analyzed with respect to six regions, namely, North America, Europe, Asia-Pacific, South America, the Middle East, and Africa. Asia-Pacific is expected to dominate the global busbar trunking system market, given an increased adoption of energy efficient practices in countries such as Australia, India, China, Japan, and South Korea.

Request Sample Pages of the Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=267448154

To enable an in-depth understanding of the competitive landscape, the report includes profiles of some of the top players in the busbar trunking system market. These players include ABB, Ltd. (Switzerland), Siemens AG (Germany), Schneider Electric (France), General Electric (U.S.), and Eaton Corporation, Plc (Ireland). The leading players are trying to penetrate the markets in developing economies and are adopting various strategies to increase their market share.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com