Global Data Center Busway Market is growing with factors such as high power consumption requirements by data centers and surging demand for data centers. Rising demand for compact power distribution systems also acts as a major factor for the growth of the market. Growing emphasis on digitalization and cloud computing have also given a boom to the global data center busway market.
Technological advancements have propelled the demand of the market. However, availability of cheaper alternative power distribution systems has decreased the demand of the market.
According to Data Bridge Market Research, the market for global data center busway in North America has the highest market share followed by Europe and Asia-Pacific. Market leader is ABB, which accounts an estimated market share of approximately 13% to 19% in the global market. The company has gained outstanding sale by providing low voltage products and systems, and medium voltage products.
Trends Impacting the Market
Now the question is which other regions ABB, Schneider Electric, and Siemens are targeting? Data Bridge Market Research has forecasted a large growth in North America data center busway market and the market leaders are targeting the U.S. and Canada to be their next pocket revenue for 2021.
The data center busway market is becoming more competitive with companies like ABB, Schneider Electric, and Siemens. These are the top dominating companies in data center busway market and have launched various products in the market. The data bridge market research new reports highlight the major growth factors and opportunities in the global data center busway market.
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All country based analysis of the global data center busway market is further analysed based on maximum granularity into further segmentation. On the basis of product type, the global data center busway market has been segmented into air splicing busway, intensive insulation plug busway, high strength enclosed busway, power distribution units (PDUs) and others. On the basis of type, the global data center busway market has been segmented into 3-phase 4-wire, 3-phase 5-wire and others. On the basis of implementation, the global data center busway market has been segmented into raised floor and ceiling overhead. On the basis of data center type, the global data center busway market has been segmented into mid-size & enterprise data center and large data center. On the basis of current ampere, the global data center busway market has been segmented into low and high current ampere. On the basis of vertical, global data center busway market has been segmented into banking, financial services and insurance (BFSI), IT & telecom, government and defense, healthcare, retail & ecommerce, research & academia, energy & utilities, manufacturing and others.
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Key Market Competitors Covered in the Report
Above are the key players covered in the report, to know about more and exhaustive list of data center busway companies’, contact us https://www.databridgemarketresearch.com/toc/?dbmr=global-data-center-busway-market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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