According to the latest report by IMARC Group, titled “Europe Busbar Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, the Europe busbar market is currently witnessing moderate growth and is expected to continue its moderate growth during the forecast period (2020-2025).
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Request Free Report Sample: https://www.imarcgroup.com/europe-busbar-market/requestsample
A busbar is an electrical metallic conductor used for acquiring and circulating electric power from incoming feeders to the outgoing terminal. It is enclosed in panelboards, switch panels, switchgear, and busway enclosures as it can endure high temperatures and dissipate heat. The busbar is formulated from various metals, such as bronze, aluminum, and copper. Currently, they are commercially available in varying systems, including sectionalized double busbar, single busbar arrangement, and main ring arrangement.
The widespread adoption of busbars across various industrial verticals in Europe, such as commercial and residential, due to their instant installation procedure, long life expectancy, and cost-effectiveness represents one of the key factor driving the market growth. Additionally, numerous initiatives undertaken by the European Union (EU) for renovating existing infrastructure have significantly increased the demand for busbars, which is further propelling the market growth. Apart from this, the rising utilization of energy-efficient systems in the EU is creating a positive outlook for the market.
Europe Busbar Market 2020-2025 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the europe busbar market has been studied in the report with the detailed profiles of the key players operating in the market.
Key Market Segmentation:
The report has segmented the europe busbar market on the basis of power rating, conductor, end user, industry and country.
Breakup by Power Rating:
- High
- Medium
- Low
Breakup by Conductor:
- Copper
- Aluminium
Breakup by End User:
- Industrial
- Commercial
- Residential
- Utilities
Breakup by Industry:
- Chemicals and Petroleum
- Metals and Mining
- Manufacturing
- Others
Breakup by Country:
- Germany
- France
- United Kingdom
- Italy
- Spain
- Others
Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/europe-busbar-market
Key highlights of the report:
- Market Performance (2014-2019)
- Market Outlook (2020-2025)
- Industry Trends
- Market Drivers and Success Factors
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact US:
IMARC Group
30 N Gould St, Ste R
Sheridan, WY 82801, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas: +1-631-791-1145 | Europe & Africa: +44-753-713-2163 | Asia: +91-120-433-0800
