According to our (Global Info Research) latest study, the global Grounding Busbar Trunking Systems market size was valued at US$ 2900 million in 2024 and is forecast to a readjusted size of USD 5262 million by 2031 with a CAGR of 9.0% during review period.
Grounding busbar trunking systems distribute electricity with greater ease and flexibility than some other more permanent forms of installation and distribution. Sometimes spelled bus bar or buss bar, they are often metallic strips of copper, brass, or aluminum that both ground and conduct electricity.
Rising demand for restoration of existing power grids in developed countries and shift towards development of existing infrastructure is further driving favorable industry growth. The influx of advanced, efficient and safe power distribution technology has injected a sustainable business platform into the busway system industry. The increasing preference of end consumers to deploy energy efficient components to protect the living environment and increase the life expectancy of electrical infrastructure is further increasing the value of the busway systems market. Furthermore, due to the fourth industrial revolution, the transformation of the power landscape has become more complex, with systems and solutions evolving, leading to unprecedented transformations in power transmission and distribution systems. Due to the ever-increasing energy demands of communication base stations and data centers, the rapid digitization of the entire industrial peripherals has clearly injected into highly competitive business scenarios. Data centers face the challenge of operating with a unique approach to power distribution in mission-critical facilities. The challenge of reducing financial losses due to system downtime issues requires a solution to provide reliable power distribution, thereby increasing the adoption of busbar systems in these facilities. Increasing product demand in commercial and industrial sectors where busway systems are widely used for power distribution is expected to increase the industry scenario brought about by increased energy demand. Growing construction activities and infrastructure developments in these sectors are driving the demand for these systems. Furthermore, the rapid growth in the installation of renewable energy sources including solar and wind power is driving the market demand for busway systems to efficiently distribute the generated electricity. These systems provide reliable and safe solutions for transferring electricity from renewable sources to the grid or local loads. Compliance with international safety standards ensures the reliability and safe operation of these systems.
This report is a detailed and comprehensive analysis for global Grounding Busbar Trunking Systems market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Grounding Busbar Trunking Systems market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2020-2031
Global Grounding Busbar Trunking Systems market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2020-2031
Global Grounding Busbar Trunking Systems market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2020-2031
Global Grounding Busbar Trunking Systems market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (USD/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Grounding Busbar Trunking Systems
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Grounding Busbar Trunking Systems market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Siemens, ABB, Eaton, NVent ERICO, Panduit, Chatsworth Products, Harger Lightning & Grounding, Rittal, Burndy, Legrand, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Grounding Busbar Trunking Systems market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Segregated Bus Duct
Nonsegregated Bus Duct
Market segment by Application
Industrial
Commercial
Residential
Transportation
Others
Major players covered
Siemens
ABB
Eaton
NVent ERICO
Panduit
Chatsworth Products
Harger Lightning & Grounding
Rittal
Burndy
Legrand
LS Cable
E.A.E Elektrik
Vertiv
Godrej & Boyce
Anord Mardix
KYODO KY-TEC
Huapeng Group
Wetown Electric
Vass Electrical Industries
Baosheng
Graziadio
Megabarre
DTM Elektroteknik
DBTS Industries
Naxso
Gersan Elektrik
Norelco
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Grounding Busbar Trunking Systems product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Grounding Busbar Trunking Systems, with price, sales quantity, revenue, and global market share of Grounding Busbar Trunking Systems from 2020 to 2025.
Chapter 3, the Grounding Busbar Trunking Systems competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Grounding Busbar Trunking Systems breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Grounding Busbar Trunking Systems market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Grounding Busbar Trunking Systems.
Chapter 14 and 15, to describe Grounding Busbar Trunking Systems sales channel, distributors, customers, research findings and conclusion.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook