The market is segmented based on , By Conductor (Aluminium and Copper), Weight Wise (Less Than 1 Kg and More Than 1 Kg), Shape Wise (Chamfer and Rectangle), Insulation (Epoxy Power Coating, Teonix, Tedler, Mylar, Nomex, Kapton, and Others), Length (Less Than 1m, 1m To 2 M, 2 Mt To 3 Mt, and More Than 3 Mt), Busbar Type (Single Conductor Busbars, Multiple Conductor Busbars, Flexible Busbars, and Laminate Busbars), Power Rating (Low Power, Medium Power (125A-800A), and High Power (Above 800A), End User (Industrial, Residential, and Commercial) – Industry Trends and Forecast to 2031.
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The Global Busbar Market size was valued at USD 16.10 USD Billion in 2023.
The Global Busbar Market is projected to grow at a CAGR of 5.9% during the forecast period of 2024 to 2031.
The major players operating in the market include ABB ,Siemens ,Schneider Electric ,Eaton ,GENERAL ELECTRIC ,Legrand SA ,Rittal GmbH &, Co. KG ,CHINT Group ,Emerson Electric Co. ,Rogers Corporation ,Eaton .
The market report covers data from the U.S., Canada, Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa, Brazil, Argentina, Rest of South America.
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