Lucintel Forecasts The Global Copper Busbar And Profile Market To Reach $6 Billion By 2030

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According to a market report by Lucintel, the future of the global copper busbar and profile market looks promising with opportunities in the power distribution panel, switchboard, transformer, bus duct, heat sink, and motor & generator markets. The global copper busbar and profile market is expected to reach an estimated $6 billion by 2030 from $5 billion in 2024 at a CAGR of 5.1% from 2024 to 2030. The major drivers for this market are increasing demand for energy efficiency, growing adoption in the power and electrical equipment sectors, and increasing adoption of renewable energy sources.
A more than 150-page report to understand trends, opportunity and forecast in global copper busbar and profile market to 2030 by type (copper busbars and copper profiles), application (power distribution panels, switchboards, transformers, bus ducts, heat sinks, motors & generators, and others), end use (electric utilities, telecommunication, data centers, medical, automotive & transportation, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that copper ...
... busbar is expected to witness the higher growth over the forecast period due to increased conductivity,good flexibility, and environmental friendliness.
Within this market, power distribution panel will remain the largest segment due to their adaptability, safety, and potential to minimize total design and integration costs.
APAC is expected to witness highest growth over the forecast period due to growing population, high industrialization, and urbanization.
Download sample by clicking on copper busbar and profile market.
Aurubis, Schneider Electric, Gindre, Oriental Copper, American Power Connection System are the major suppliers in the copper busbar and profile market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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