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A00873 | Pages: 300 | Charts: 58 | Tables: 138 |
The global busbar trunking market was valued at $8.4 billion in 2023, and is projected to reach $15.8 billion by 2033, growing at a CAGR of 6.6% from 2024 to 2033.
Market Introduction and Definition
Busbar trunking systems, also known as busway systems, are an essential component in electrical distribution. A busbar trunking system comprises a set of metal bars enclosed within a protective casing, used to conduct substantial amounts of electrical power efficiently. These systems are typically used to distribute power from a central source to various branches of an electrical distribution network. The metal bars, commonly made of copper or aluminum, provide a robust, reliable, and efficient means of power distribution, minimizing energy loss and enhancing overall system performance.
Busbar trunking systems are designed to handle varying electrical loads, ensuring that power is transmitted with minimal voltage drops and power losses. They are modular, allowing for easy installation, extension, and maintenance. The systems can be customized to meet specific requirements, including current rating, voltage rating, and environmental conditions. Additionally, busbar trunking systems offer high levels of safety and protection, incorporating features such as insulation, segregation, and earthing.
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Key Market Segments
Key Market Players