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Global Industrial Motor Busbar Market 2018-2022

Global Industrial Motor Busbar Market 2018-2022

About Industrial Motor Busbar

Busbars are metallic strips made of copper or aluminum, which can conduct electricity and are used for power distribution. Industrial motor busbars are mainly used in motor control centers for supplying the power to motor protection devices such as soft starters, contactors, and drive systems.

Technavio’s analysts forecast the global industrial motor busbar market to grow at a CAGR of 4.52% during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the global industrial motor busbar market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of industrial motor busbar.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Industrial Motor Busbar Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • ABB
  • Eaton
  • General Electric
  • Schneider Electric
  • Siemens
  • Legrand
Market driver
  • Increasing preference for busbars over cables
  • For a full, detailed list, view our report
Market challenge
  • High fluctuations in copper and aluminum prices
  • For a full, detailed list, view our report
Market trend
  • Growing need for power monitoring
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2022 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Industrial Motor Busbar Market 2018-2022

Technavio recognizes the following companies as the key players in the global industrial motor busbar market: ABB, Eaton, General Electric, Schneider Electric, Siemens, and Legrand.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is growing need for power monitoring. As power utilization cost in the process and discrete industries is high, monitoring the power consumption is very essential. The increasing regulations regarding the installation of energy-efficient products have reduced energy consumption considerably. Power monitoring helps industrial manufacturers set the baseline and take necessary steps to reduce power consumption, thereby reducing the potential cost of power. Standalone devices for power monitoring can be mounted on motor control centers and busbars to fetch the data regarding the total power consumption. This data helps in making energy-efficient decisions and reduce the overall power consumptions.”

According to the report, one of the major drivers for this market is Increasing preference for busbars over cables. As motor control centers and motor controllers have various arrangements of devices such as soft starters, contactors, circuit breakers, and drive systems; using wires increases the space requirement and adds to the weight of the overall motor control center. Moreover, wire systems often complicate the connection of motor starters and other protection devices. With the increasing focus toward uninterrupted power supply and maximum space utilization, motor busbars are used in motor control centers.

Further, the report states that one of the major factors hindering the growth of this market is High fluctuations in copper and aluminum prices. The primary raw materials that constitute an industrial motor busbar are copper and aluminum. All motor busbar vendors incur a major share of their manufacturing cost for acquiring these raw materials. The total cost of copper and aluminum metals account for roughly 50% of the total production cost.

Companies Mentioned

ABB, Eaton, General Electric, Schneider Electric, Siemens, and Legrand.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Market landscape
    • Market ecosystem
      • Table Parent market
      • Table Global industrial motors bus bars market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2017
      • Table Market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Global - Market size and forecast 2017-2022 ($ mn)
      • Table Global - Year-over-year growth 2018-2022 (%)
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2017
  • Market segmentation by product
    • Segmentation by product
      • Table Product - Market share 2017-2022 (%)
    • Comparison by product
      • Table Comparison by product
    • Copper busbar - Market size and forecast 2017- 2022
      • Table Copper busbar - Market size and forecast 2017-2022 ($ mn)
      • Table Copper busbars - Year-over-year growth 2018-2022 (%)
    • Aluminum busbars - Market size and forecast 2017-2022
      • Table Aluminum busbars - Market size and forecast 2017-2022 ($ mn)
      • Table Aluminum busbars - Year-over-year growth 2018-2022 (%)
      • Table Characteristic comparison between copper and aluminum
    • Market opportunity by product
      • Table Market opportunity by product
  • Customer landscape
    • Table Customer landscape
  • Market segmentation by end-user
    • Segmentation by end-user
      • Table End-user - Market share 2017-2022 (%)
    • Comparison by end-user
      • Table Comparison by end-user
    • Oil and gas - Market size and forecast 2017-2022
      • Table Oil and gas - Market size and forecast 2017-2022 ($ mn)
      • Table Oil and gas - Year-over-year growth 2018-2022 (%)
    • Food and beverage - Market size and forecast 2017-2022
      • Table Food and beverage - Market size and forecast 2017-2022 ($ mn)
      • Table Food and beverage - Year-over-year growth 2018-2022 (%)
    • Metal and mining - Market size and forecast 2017-2022
      • Table Metal and mining - Market size and forecast 2017-2022 ($ mn)
      • Table Metal and mining - Year-over-year growth 2018-2022 (%)
    • Power generation - Market size and forecast 2017-2022
      • Table Power generation - Market size and forecast 2017-2022 ($ mn)
      • Table Power generation - Year-over-year growth 2018-2022 (%)
    • Others - Market size and forecast 2017-2022
      • Table Others - Market size and forecast 2017-2022 ($ mn)
      • Table Others - Year-over-year growth 2018-2022 (%)
    • Market opportunity by end-user
      • Table Market opportunity by end-user
  • Regional landscape
    • Geographical segmentation
      • Table Global - Market share by geography 2017-2022 (%)
    • Regional comparison
      • Table Regional comparison
    • EMEA - Market size and forecast 2017-2022
      • Table EMEA - Market size and forecast 2017-2022 ($ mn)
      • Table EMEA - Year-over-year growth 2018-2022 (%)
      • Table Top 3 countries in EMEA
    • APAC - Market size and forecast 2017-2022
      • Table APAC - Market size and forecast 2017-2022 ($ mn)
      • Table APAC - Year-over-year growth 2018-2022 (%)
      • Table Top 3 countries in APAC
    • Americas - Market size and forecast 2017-2022
      • Table Americas - Market size and forecast 2017-2022 ($ mn)
      • Table Americas - Year-over-year growth 2018-2022 (%)
      • Table Top 3 countries in Americas
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Global motor control centers market 2017-2022 ($ millions)
    • Market challenges
      • Table Copper, grade A cathode price fluctuations 2014-2016
  • Market trends
    • Growing need for power monitoring
    • Increase in adoption of intelligent motor control centers
    • Rising demand for smart and integrated motor control and protection devices
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive landscape
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • ABB
      • Table Vendor overview
      • Table ABB - Business segments
      • Table ABB - Organizational developments
      • Table ABB - Geographic focus
      • Table ABB - Segment focus
      • Table ABB - Key offerings
    • Eaton
      • Table Vendor overview
      • Table Eaton - Business segments
      • Table Eaton - Organizational developments
      • Table Eaton - Geographic focus
      • Table Eaton - Segment focus
      • Table Eaton - Key offerings
    • General Electric
      • Table Vendor overview
      • Table General Electric - Business segments
      • Table General Electric - Organizational developments
      • Table General Electric - Geographic focus
      • Table General Electric - Segment focus
      • Table General Electric - Key offerings
    • Schneider Electric
      • Table Vendor overview
      • Table Schneider Electric - Business segments
      • Table Schneider Electric - Organizational developments
      • Table Schneider Electric - Geographic focus
      • Table Schneider Electric - Segment focus
      • Table Schneider Electric - Key offerings
    • Siemens
      • Table Vendor overview
      • Table Siemens - Business segments
      • Table Siemens - Organizational developments
      • Table Siemens - Geographic focus
      • Table Siemens - Segment focus
      • Table Siemens - Key offerings
    • Legrand
      • Table Vendor overview
      • Table Legrand - Product segment
      • Table Legrand - Organizational developments
      • Table Legrand - Geographic focus
      • Table Legrand - Segment focus
      • Table Legrand - Key offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

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