Busway/Bus Duct Market (Updated Version Available)

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.
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 report offers detailed coverage of Busway/Bus Duct industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Busway/Bus Duct by geography. The report splits the market size, by volume and value, on the basis of application type and geography.

The report forecast global Busway/Bus Duct market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.

First, this report covers the present status and the future prospects of the global Busway/Bus Duct market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
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

At the same time, we classify Busway/Bus Duct according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market Segment as follows:
Market by Order Type
Air Splicing Bus Duct (BMC)
Intensive Insulation Plug Bus Duct (CMC)
Higher Strength Enclosed Bus Duct (CFW)
Other Types
Market by Application
Industrial Buildings
Commercial Building
Civil Buildings
Other Application

By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Busway/Bus Duct market for the forecast period 2021 - 2025?
• What are the driving forces in the Busway/Bus Duct market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Busway/Bus Duct industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?