The global busway market is experiencing significant growth, driven by the increasing demand for efficient and reliable power distribution systems across various sectors. Busways, also known as bus ducts, are integral to modern electrical infrastructure, offering advantages such as space efficiency, flexibility, and enhanced safety compared to traditional wiring methods. The market is characterized by a diverse range of products, including air splicing bus ducts, intensive insulation plugs bus ducts, and higher strength enclosed bus ducts, each catering to specific industrial requirements. The industrial facilities segment is expected to dominate the market, reflecting the critical need for robust power distribution solutions in manufacturing and processing plants. Key players in the market include Delta Power Solutions, Schneider Electric, General Electric Company, Eaton, and Vertiv Group Corp., who are actively innovating to meet the evolving needs of the industry.
Global Busway Market size was valued at USD 9.65 billion in 2024 and is projected to reach USD 16.58 billion by 2032, with a CAGR of 7.1% during the forecast period of 2025 to 2032.
To know more, visit https://www.databridgemarketresearch.com/reports/global-busway-market
Below are the Top Busway Companies with a Significant Market Share:
|
Rank
|
Company
|
Overview
|
Product Portfolio
|
Sales Geographical Coverage
|
Developments
|
|
1.
|
Delta Power Solutions
|
Delta Power Solutions is a leading provider of energy-efficient solutions, focusing on power and thermal management systems, including busway solutions. The company designs and manufactures products that optimize energy usage and improve system reliability for a variety of industries. Delta’s busway systems are recognized for their scalability, flexibility, and advanced thermal management capabilities. Their solutions are widely used in data centers, industrial facilities, and other critical infrastructure projects.
|
|
North America, South America, Middle East and Africa, Asia-Pacific, and Europe
|
In January 2025, Delta Power Solutions has recently introduced its BR Series and BL Series Cast Resin Busway Systems, designed to enhance power distribution efficiency and safety across various industries. These systems utilize epoxy cast resin technology, significantly improving ingress protection levels and overall reliability compared to traditional power cable systems or sandwich busway solutions.
|
|
2.
|
Schneider Electric
|
Schneider Electric is a global leader in energy management and automation, offering a wide range of products, including busway systems. Known for their focus on sustainability, Schneider Electric integrates advanced software with hardware to improve energy efficiency and resource management. The company’s busway systems are designed to ensure safe, reliable, and flexible power distribution for both commercial and industrial sectors. Schneider’s offerings are widely adopted in buildings, industrial facilities, and data centers.
|
|
North America, Middle East and Africa, Asia-Pacific, and Europe
|
In October 2024, Schneider Electric has partnered with Noida International Airport to implement advanced building and energy management solutions, including Electrical SCADA and ADMS. These solutions will enhance energy efficiency, sustainability, and operational performance, supporting seamless airport operations while reducing carbon emissions.
|
|
3.
|
General Electric Company
|
General Electric (GE) is a multinational conglomerate that provides comprehensive solutions in power, renewable energy, and digital technologies, including busway systems. GE’s busway products are engineered to support efficient and reliable power distribution, particularly in large-scale industrial and commercial applications. The company is focused on sustainability and the integration of digital technologies to enhance operational efficiency. GE’s robust portfolio of power solutions is critical in supporting electrification across various sectors.
|
|
North America, South America, Middle East and Africa, Asia-Pacific, and Europe
|
In November, GE Vernova has announced the acquisition of Woodward, Inc.'s heavy-duty gas turbine combustion parts business in Greenville, S.C. This acquisition strengthens GE Vernova’s domestic supply chain and supports increasing global demand for gas turbines, reinforcing the company's commitment to U.S. manufacturing.
|
|
4.
|
Eaton
|
Eaton is a global leader in power management solutions, offering advanced electrical systems, including busway products. Eaton’s busway solutions are known for their versatility, safety, and ability to optimize energy usage in both industrial and commercial sectors. The company designs energy-efficient products that help businesses reduce operational costs while improving power distribution reliability. Eaton’s solutions support critical infrastructure, including data centers, manufacturing plants, and utilities.
|
|
North America, South America, Middle East and Africa, Asia-Pacific, and Europe
|
In October 2024, Eaton has expanded its Puducherry manufacturing facility, adding 120,000 square feet for Power Distribution products and an R&D center. The expansion doubles production capacity for critical products, supports India's "Make in India" initiative, and creates over 300 new jobs.
|
|
5.
|
Vertiv Group Corp.
|
Vertiv Group is a leading provider of critical digital infrastructure solutions, including busway systems for power distribution. The company specializes in supporting data centers, telecommunications, and other mission-critical environments. Vertiv’s busway solutions are designed to deliver efficient, flexible, and reliable power management for complex systems. By focusing on advanced technologies and innovation, Vertiv continues to meet the growing demands of digital infrastructure and ensure business continuity across industries.
|
|
North America, South America, Middle East and Africa, Asia-Pacific, and Europe
|
In December 2024, Vertiv has acquired key assets and technologies from BiXin Energy Technology (BSE), a leader in centrifugal chiller systems. This acquisition strengthens Vertiv’s global portfolio, enhancing its capabilities to support high-performance computing and AI applications with advanced cooling and heat recovery solutions.
|
Conclusion
Global busway market is on a strong growth trajectory, driven by the increasing need for efficient and reliable power distribution systems across various industries. As industries and urban infrastructures evolve, busways offer a safer, more flexible, and space-efficient alternative to traditional wiring methods. The market is expected to be led by industrial facilities, where reliable and scalable power distribution is essential. North America is set to maintain its leadership, while the Asia-Pacific region is anticipated to see the fastest growth due to rapid industrialization and infrastructure development. Key players are focused on innovation, ensuring that the market continues to meet the rising demand for advanced power distribution solutions across commercial, industrial, and residential sectors.
