PUNE, India, Dec. 4, 2016 /PRNewswire-iReach/ -- The aluminum segment is expected to grow at the fastest CAGR from 2016 to 2021. With regard to conductor, the aluminum busbar segment is estimated to grow at the fastest CAGR. The demand from aluminum busbar is bound to increase rapidly across markets in Asia-Pacific and the Middle East & Africa, owing to their low-cost and low weight characteristics, along with electrical conducting properties that are comparable to copper to a large extent.Complete report on "Busbar Market" spread across 143 pages, profiling 10 companies and supported with 83 tables and 46 figures is now available at http://www.rnrmarketresearch.com/busbar-market-by-power-rating-low-medium-and-high-end-user-utilities-industrial-residential-and-others-by-region-north-america-south-america-europe-asia-pacific-middle-east-africa-market-report.html .

Photo - http://photos.prnewswire.com/prnh/20161202/444992LOGO

Busbar are used in oil & gas, power generation, commercial, residential, metals & mining, chemicals & petrochemicals, and other industries. On the other hand, emerging grey/unorganized market providing low-quality and low price products is a restraint of the global busbar market.

The report provides a picture on the busbar market across different industry verticals and regions. It aims at estimating the market size and future growth potential of this market across different segments, such as conductor, power rating, end-user, and region. Furthermore, the report also includes an in-depth competitive analysis of the key players in the market along with their company profiles, SWOT analysis, recent developments, and key market strategies.

Asia-Pacific is currently the largest market for busbar, followed by Europe. The Asia-Pacific market is primarily driven by countries such as China, Japan, India, Australia, and Rest of Asia-Pacific. China is expected to dominate the busbar market, followed by Japan and India. Growing energy consumption due to urbanization and industrialization will drive the Asia-Pacific market during the forecast period.

This research study is obliging for following audience:

  1. Busbar manufacturers, dealers, and suppliers
  2. Busbar equipment manufacturing companies
  3. Government and research organizations
  4. Environmental and industrial associations
  5. Banks, venture capitalists, financial institutions, and other investors
  6. Market research and consulting firms

The leading players in the busbar market include ABB Ltd. (Switzerland), Schneider Electric (France), Siemens AG (Germany), Eaton Corporation plc. (Ireland), Legrand S.A. (France), C&S Electric Company (India), Eaton Corporation plc. (Ireland), Mersen S.A. (France), Schneider Electric SE (France), CHINT Electric Co. Ltd. (China), and Rittal GMBH & CO. KG (Germany), among others. Make an Inquiry on "Busbar Market by Conductor (Copper, Aluminum), Power Rating (Low, Medium, High Power), End-User (Utilities, Commercial, Industrial, Residential, Industrial (Chemicals & Petroleum, Metals & Mining, Manufacturing)), and Region - Global Trends & Forecast to 2021" research report at http://www.rnrmarketresearch.com/contacts/inquire-before-buying?rname=386748 .

In the process of determining and verifying, the market size for several segments and sub segments gathered through secondary research, extensive primary interviews were conducted with key people. In Tier 1 (55%), Tier 2 (36%) and Tier 3 (9%) companies were contacted for primary interviews. The interviews were conducted with various key people such as C-Level (9%), D-Level (27%) and others (64%) from various key organizations operating in the busbar market. The primary interviews were conducted worldwide covering regions such as Americas (9%), Asia-Pacific (45%), Europe (10%) and RoW (36%).

The report will help the market leaders/new entrants in this market by providing them the closest approximations of the revenue numbers for the overall busbar market and the subsegments. This report will help stakeholders to better understand the competitor landscape and gain more insights to better position their businesses and make suitable go-to-market strategies. The report also helps the stakeholders to understand the pulse of the market and provides them information on the key market drivers, restraints, challenges, and opportunities.

On a related note, another research titled Laminated Busbar Market Global forecast to 2021 says, the laminated busbar market is projected to reach USD 955.6 million by 2021, growing at a CAGR of 5.72% from 2016 to 2021. The laminated busbars with tedlar segment is expected to grow at the fastest CAGR from 2016 to 2021. Europe is currently the largest market for laminated busbars, closely followed by the Asia-Pacific. Companies such as Amphenol Corporation (U.S.), Idealec SAS (France), Methode Electronics, Inc. (U.S.), Mersen S.A. (France), Rogers Corporation (U.S.), and SunKing Power Electronics Group Limited (China) have been profiled in this 136 pages research report available at http://www.rnrmarketresearch.com/laminated-busbar-market-by-insulation-epoxy-powder-coating-kapton-mylar-nomex-tedlar-and-teonex-end-user-power-electronics-alternative-energy-transportation-telecom-datacenters-a-d-industrial-and-re-st-to-2021-market-report.html .

About Us:

RnRMarketResearch.com is your single source for all market research needs. Our database includes 500,000+ market research reports from over 100+ leading global publishers & in-depth market research studies of over 5000 micro markets. With comprehensive information about the publishers and the industries for which they publish market research reports, we help you in your purchase decision by mapping your information needs with our huge collection of reports.

Connect with Us:

G+ / Google Plus: https://plus.google.com/104156468549256253075/posts

Twitter: https://twitter.com/RnRMR

Facebook: https://www.facebook.com/pages/RnR-Market-Research/413488545356345

RSS / Feeds: http://www.rnrmarketresearch.com/feed

Media Contact: Ritesh Tiwari, RnR Market Research, +1-888-391-5441, sales@rnrmarketresearch.com

News distributed by PR Newswire iReach: https://ireach.prnewswire.com

SOURCE RnR Market Research

Copyright 2016 PR Newswire