Market by Deployment, Type, Application, Vertical, and Country Outlook | Forecast 2022-2028
A report by Triton Market Research has concluded that the copper busbar market in North America is expected to grow at a CAGR of 8.72% during the forecast period 2022-2028.
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The countries scrutinized in this region include:
• The United States
• Canada
Because of its
favorable policies, the region's demand for copper busbars has increased
significantly. Market players are investing heavily in R&D activities to
find new growth avenues. The demand for copper busbars in North America is also
increasing due to their widening commercial applications, such as in shipbuilding
and electricity conduction in commercial & residential areas.
The copper busbar
market in the United States will expand due to positive steps taken by
authorities to replace traditional power supply systems with energy-efficient
technologies to reduce transmission losses. Copper busbars have extremely high
efficiency, as well as high conductivity, which enables their usage for a range
of applications.
They are specially used
in several electrical utilities across the globe, owing to their resilience to
higher temperatures and ability to provide additional security in case of a
short circuit. Initiatives aimed at enhancing energy efficiency are anticipated
to drive the copper busbar market in the country during the forecast period.
In Canada, the Electric
Vehicle Technology Roadmap was organized by Electric Vehicle Technology Roadmap,
with the help of the national government. As part of the initiative, a series
of workshops revolving around four aspects of electrical mobility, such as
electrical power grid interfacing, batteries & energy storage, electrical
drive components, and vehicle integration & optimization.
These workshops helped
spread awareness regarding the availability of various energy solutions and how
they can be efficiently distributed. Laminated copper busbars are largely used
for this purpose, owing to their high efficiency and cost-effectiveness. Thus,
the increasing number of such initiatives and workshops is expected to drive
the expansion of the studied market in Canada.
Oxygen-free copper is an
extremely pure type of copper with a very less amount of oxygen content. It is
largely preferred for making busbars. C101 oxygen-free copper is the highest-grade
copper available, with its typical oxygen content being less than 0.0005% and having
typical purity of 99.99%. As an ultra-high purity copper product, it has superior
thermal & electrical conductivity and machinability, as well as high ductility.
The studied report assesses the market's growth based on deployment, type, application and vertical. Here the market by type comprises ETP (electrolytic tough pitch copper busbars) & oxygen-free copper busbars, and others.
Schneider
Electric SE, Oriental Copper Ltd, Etablissements Gindre Duchavany SA, ABB Ltd,
American Power Connection Systems Inc, ElvalHalcor Hellenic SA, Kinto Electric
Co Ltd, and Wetown Electric Group are some esteemed companies in the copper
busbar market.
American Power Connection Systems Inc (APCSI) was founded in 1992 in Bay
City, Michigan. APCSI is a rapidly expanding company specializing in custom-designed
laminated shunts, busbars, and cables. The company has strong and fast delivery
timing with an in-house Tool & Die Department and experienced shunt
manufacturers.
Key deliverables of the report:
· Market CAGR during the forecasting
years 2022-2028
· Detailed data highlighting key
insights, industry components, and market strategies
· Comprehensive information and
estimation of the copper busbar market revenue growth in North America and its
influence on the parent market
· In-depth study of forthcoming trends
in consumer behavioral patterns
· A meticulous analysis of the
competitive landscape, vendor scorecard, and Porter's Five Forces Analysis
Model
· A wide-ranging study of factors that
will challenge the North America copper busbar market's growth during the
upcoming years
Want
to get specific insights? Our team of analysts can customize this report based
on your preferences. Connect with us here.
1. NORTH
AMERICA COPPER BUSBAR MARKET - SUMMARY
2. INDUSTRY
OUTLOOK
2.1. IMPACT
OF COVID-19 ON THE COPPER BUSBAR MARKET
2.2. KEY
INSIGHTS
2.2.1. RISING GREEN AND SMART
CITY PROJECTS
2.2.2. MULTIPLE
BENEFITS OF COPPER BUSBARS LEADING TO ENHANCED APPLICATIONS
2.3. PORTER’S
FIVE FORCES ANALYSIS
2.3.1. THREAT
OF NEW ENTRANTS
2.3.2. THREAT
OF SUBSTITUTES
2.3.3. BARGAINING
POWER OF BUYERS
2.3.4. BARGAINING
POWER OF SUPPLIERS
2.3.5. THREAT
OF COMPETITIVE RIVALRY
2.4. KEY
BUYING IMPACT ANALYSIS
2.4.1. COST
EFFECTIVENESS
2.4.2. APPLICATION
2.4.3. EFFICIENCY
2.4.4. RELIABILITY
2.5. MARKET
ATTRACTIVENESS INDEX
2.6. VENDOR
SCORECARD
2.7. INDUSTRY
COMPONENTS
2.8. KEY
MARKET STRATEGIES
2.8.1. ACQUISITIONS
2.8.2. AGREEMENTS
2.8.3. BUSINESS
DIVESTITURES
2.9. MARKET
DRIVERS
2.9.1. INVESTMENTS
IN TRANSMISSION & DISTRIBUTION INFRASTRUCTURE
2.9.2. CONSTRUCTION
ACTIVITY GROWTH ACROSS THE GLOBE
2.9.3. UTILIZATION
FOR ELECTRICITY, INDUSTRIALIZATION AND URBANIZATION PURPOSES
2.10. MARKET
CHALLENGE
2.10.1. FLUCTUATIONS
IN RAW MATERIAL PRICES
2.11. MARKET
OPPORTUNITIES
2.11.1. COPPER
BUSBAR PROVIDES LONGER LIFESPAN
2.11.2. EMERGING
SWITCHGEAR AND ENERGY & POWER MARKETS
3. NORTH
AMERICA COPPER BUSBAR MARKET OUTLOOK - BY DEPLOYMENT
3.1. INDUSTRIAL
3.2. COMMERCIAL
3.3. RESIDENTIAL
4. NORTH
AMERICA COPPER BUSBAR MARKET OUTLOOK - BY TYPE
4.1. ETP
(ELECTROLYTIC TOUGH PITCH COPPER BUSBARS)
4.2. OXYGEN-FREE
COPPERS
4.3. OTHER
TYPES
5. NORTH
AMERICA COPPER BUSBAR MARKET OUTLOOK - BY APPLICATION
5.1. POWER
DISTRIBUTION PANELS
5.2. SWITCHBOARDS
5.3. TRANSFORMERS
5.4. BUS
DUCTS
5.5. HEAT
SINKS
5.6. MOTORS
& GENERATORS
5.7. OTHER APPLICATIONS
6. NORTH
AMERICA COPPER BUSBAR MARKET OUTLOOK - BY VERTICAL
6.1. ELECTRIC
UTILITIES
6.2. TELECOMMUNICATION
6.3. DATA
CENTERS
6.4. AUTOMOTIVE
& TRANSPORTATION
6.5. OTHER VERTICALS
7. NORTH
AMERICA COPPER BUSBAR MARKET – COUNTRY OUTLOOK
7.1. UNITED
STATES
7.2. CANADA
8. COMPETITIVE
LANDSCAPE
8.1. ORIENTAL
COPPER LTD
8.2. AURUBIS
AG
8.3. SCHNEIDER
ELECTRIC SE
8.4. EATON
CORPORATION PLC
8.5. ABB
LTD
8.6. SIEMENS
AKTIENGESELLSCHAFT
8.7. ELVALHALCOR
HELLENIC SA
8.8. LUVATA
8.9. AMERICAN
POWER CONNECTION SYSTEMS INC
8.10. SOFIA
MED SA
8.11. ETABLISSEMENTS
GINDRE DUCHAVANY SA
8.12. PROMET
AG
8.13. KINTO
ELECTRIC CO LTD
8.14. LAFER IBERICA
SRL
8.15. WETOWN
ELECTRIC GROUP
9. RESEARCH
METHODOLOGY & SCOPE
9.1. RESEARCH
SCOPE & DELIVERABLES
9.2. SOURCES
OF DATA
9.3. RESEARCH
METHODOLOGY
TABLE 1: NORTH AMERICA COPPER
BUSBAR MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 2: VENDOR SCORECARD
TABLE 3: LIST OF ACQUISITIONS
TABLE 4: LIST OF AGREEMENTS
TABLE 5: LIST OF BUSINESS
DIVESTITURES
TABLE 6: NORTH AMERICA COPPER
BUSBAR MARKET, BY DEPLOYMENT, 2022-2028 (IN $ MILLION)
TABLE 7: NORTH AMERICA COPPER
BUSBAR MARKET, BY TYPE, 2022-2028 (IN $ MILLION)
TABLE 8: NORTH AMERICA COPPER
BUSBAR MARKET, BY APPLICATION, 2022-2028 (IN $ MILLION)
TABLE 9: NORTH AMERICA COPPER
BUSBAR MARKET, BY VERTICAL, 2022-2028 (IN $ MILLION)
TABLE 10: NORTH AMERICA COPPER
BUSBAR MARKET, REGIONAL OUTLOOK, 2022-2028 (IN $ MILLION)
FIGURE 1: KEY BUYING IMPACT
ANALYSIS
FIGURE 2: MARKET
ATTRACTIVENESS INDEX
FIGURE 3: INDUSTRY COMPONENTS
FIGURE 4: NORTH AMERICA COPPER
BUSBAR MARKET, BY DEPLOYMENT, 2021 & 2028 (IN %)
FIGURE 5: NORTH AMERICA COPPER
BUSBAR MARKET, BY INDUSTRIAL, 2022-2028 (IN $ MILLION)
FIGURE 6: NORTH AMERICA COPPER
BUSBAR MARKET, BY COMMERCIAL, 2022-2028 (IN $ MILLION)
FIGURE 7: NORTH AMERICA COPPER
BUSBAR MARKET, BY RESIDENTIAL, 2022-2028 (IN $ MILLION)
FIGURE 8: NORTH AMERICA COPPER
BUSBAR MARKET, BY TYPE, 2021 & 2028 (IN %)
FIGURE 9: NORTH AMERICA COPPER
BUSBAR MARKET, BY ETP (ELECTROLYTIC TOUGH PITCH COPPER BUSBARS), 2022-2028 (IN
$ MILLION)
FIGURE 10: NORTH AMERICA
COPPER BUSBAR MARKET, BY OXYGEN-FREE COPPER BUSBARS, 2022-2028 (IN $ MILLION)
FIGURE 11: NORTH AMERICA
COPPER BUSBAR MARKET, BY OTHER TYPES, 2022-2028 (IN $ MILLION)
FIGURE 12: NORTH AMERICA
COPPER BUSBAR MARKET, BY APPLICATION, 2021 & 2028 (IN %)
FIGURE 13: NORTH AMERICA
COPPER BUSBAR MARKET, BY POWER DISTRIBUTION PANELS, 2022-2028 (IN $ MILLION)
FIGURE 14: NORTH AMERICA
COPPER BUSBAR MARKET, BY SWITCHBOARDS, 2022-2028 (IN $ MILLION)
FIGURE 15: NORTH AMERICA
COPPER BUSBAR MARKET, BY TRANSFORMERS, 2022-2028 (IN $ MILLION)
FIGURE 16: NORTH AMERICA
COPPER BUSBAR MARKET, BY BUS DUCTS, 2022-2028 (IN $ MILLION)
FIGURE 17: NORTH AMERICA
COPPER BUSBAR MARKET, BY HEAT SINKS, 2022-2028 (IN $ MILLION)
FIGURE 18: NORTH AMERICA
COPPER BUSBAR MARKET, BY MOTORS & GENERATORS, 2022-2028 (IN $ MILLION)
FIGURE 19: NORTH AMERICA
COPPER BUSBAR MARKET, BY OTHER APPLICATIONS, 2022-2028 (IN $ MILLION)
FIGURE 20: NORTH AMERICA
COPPER BUSBAR MARKET, BY VERTICAL, 2021 & 2028 (IN %)
FIGURE 21: NORTH AMERICA
COPPER BUSBAR MARKET, BY ELECTRIC UTILITIES, 2022-2028 (IN $ MILLION)
FIGURE 22: NORTH AMERICA
COPPER BUSBAR MARKET, BY TELECOMMUNICATION, 2022-2028 (IN $ MILLION)
FIGURE 23: NORTH AMERICA
COPPER BUSBAR MARKET, BY DATA CENTERS, 2022-2028 (IN $ MILLION)
FIGURE 24: NORTH AMERICA
COPPER BUSBAR MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2028 (IN $
MILLION)
FIGURE 25: NORTH AMERICA
COPPER BUSBAR MARKET, BY OTHER VERTICALS, 2022-2028 (IN $ MILLION)
FIGURE 26: NORTH AMERICA
COPPER BUSBAR MARKET, COUNTRY OUTLOOK, 2021 & 2028 (IN %)
FIGURE 27: UNITED STATES
COPPER BUSBAR MARKET 2022-2028 (IN $ MILLION)
FIGURE 28: CANADA COPPER
BUSBAR MARKET 2022-2028 (IN $ MILLION)