Lewes, DE -- (SBWire) -- 10/29/2018 --Global Copper Busbar market will register a 2.2% CAGR in terms of revenue, reach US$ 4810 million by 2023, from US$ 4210 million in 2017.
In electrical power distribution, a busbar (also spelled bus bar, or sometimes as buss bar or bussbar, with the term bus being a contraction of the Latin omnibus, "for all", is a metallic strip or bar (typically copper, brass or aluminium) that conducts electricity within a switchboard, distribution board, substation, battery bank, or other electrical apparatus. Busbar is an electrical conductor that carries large current, especially one that is part of a power distribution system; typically a thick strip, or a tube. Busbars are used to carry substantial electric currents over relatively short distances; their greater surface area (compared to a wire of the same weight) reduces losses due to corona discharge.
The material composition and cross-sectional size of the busbar determine the maximum amount of current that can be safely carried. Busbars can have a cross-sectional area of as little as 10 square millimetres (0.016 sq in), but electrical substations may use metal tubes 50 millimetres (2.0 in) in diameter (20 square millimetres (0.031 sq in)) or more as busbars.
Global demand of Copper Busbar has maintained steady growth, the growth rate is around 1.5%, and similar to production growth. Copper Busbar major type is OFCopper Busbar and ETPCopper Busbar. Downstream applications field include Industrial Buildings, Commercial Building and Civil Building, these industries development rapidly, this industries demand for fastener and shaped pieces are constantly increasing, indirectly stimulating the market demand of Copper Busbar, and stimulate the development of Copper Busbar industry.
Despite the presence of competition problems, the global recovery trend is clear, Copper Busbar retains its advantage in fastener and shaped pieces produce, investors are still optimistic about this area; the future will still have more new investment enter the field. Although sales of Copper Busbar brought a lot of opportunity, the study group recommends the new entrants just having money but without technical advantage and downstream support do not to enter into the Copper Busbar field.
Over the next five years, Study projects that Copper Busbar will register a 2.2% CAGR in terms of revenue, reach US$ 4810 million by 2023, from US$ 4210 million in 2017.
This report studies the global market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa, focuses on the top 5 players in each region, with sales, price, revenue and market share from 2013 to 2018, the top players:
Oriental Copper
Pentair
Gindre
Schneider
Watteredge
Luvata
Gonda Metal
Metal Gems
Gonda Metal
EMS
Storm Power Components
Market Segment by Regions, this report splits Global into several key Regions, with sales, revenue, market share of top players in these regions, from 2013 to 2018 (forecast), like
North America (United States, Canada and Mexico)
Asia-Pacific (China, Japan, Southeast Asia, India and Korea)
Europe (Germany, UK, France, Italy and Russia etc.)
South America (Brazil, Chile, Peru and Argentina)
Middle East and Africa (Egypt, South Africa, Saudi Arabia)
Split by Product Types, with sales, revenue, price, market share of each type, can be divided into
ETP (Electrolytic Tough Pitch Copper Busbar)
OF (Oxygen-free Copper Busbar)
Others
Split by applications, this report focuses on sales, market share and growth rate in each application, can be divided into
Industrial Buildings
Commercial Buildings
Civil Buildings
Spanning over 146 pages "Forecast of Global Copper Busbar Market 2023" report covers Copper Busbar Market Overview, Global Copper Busbar Sales, Revenue (Value) and Market Share by Players, Global Copper Busbar Sales, Revenue (Value) by Regions, Type and Application (2013-2018), North America Top 5 Players Copper Busbar Sales, Revenue and Price, Europe Top 5 Players Copper Busbar Sales, Revenue and Price, Asia-Pacific Top 5 Players Copper Busbar Sales, Revenue and Price, South America Top 5 Players Copper Busbar Sales, Revenue and Price, Middle East & Africa Top 5 Players Copper Busbar Sales, Revenue and Price, Global Copper Busbar Players Profiles/Analysis, Global Copper Busbar Market Forecast (2018-2023), Copper Busbar Manufacturing Cost Analysis, Industrial Chain, Sourcing Strategy and Downstream Buyers, Marketing Strategy Analysis, Distributors/Traders, Market Effect Factors Analysis, Research Findings and Conclusion, Appendix.
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