1 INTRODUCTION OBJECTIVES OF THE STUDY MARKET DEFINITION MARKET SCOPE... 15
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1 TABLE OF CONTENTS 1 INTRODUCTION OBJECTIVES OF THE STUDY MARKET DEFINITION MARKET SCOPE MARKETS COVERED YEARS CONSIDERED FOR THE STUDY CURRENCY LIMITATIONS STAKEHOLDERS RESEARCH METHODOLOGY RESEARCH DATA SECONDARY DATA Key data from secondary sources PRIMARY DATA Key data from primary sources Breakdown of primaries MARKET SIZE ESTIMATION MARKET BREAKDOWN & DATA TRIANGULATION RESEARCH ASSUMPTIONS ASSUMPTIONS EXECUTIVE SUMMARY HISTORICAL BACKDROP CURRENT SCENARIO FUTURE OUTLOOK CONCLUSION PREMIUM INSIGHTS ATTRACTIVE OPPORTUNITIES IN THE BUSBAR MARKET, ASIA-PACIFIC ACCOUNTED FOR THE LARGEST MARKET SHARE IN BUSBAR MARKET, BY END-USER, BUSBAR MARKET IN THE ASIA-PACIFIC REGION COPPER SEGMENT IS EXPECTED TO DOMINATE THE MARKET DURING THE FORECAST PERIOD BUSBAR MARKET, BY POWER RATING LIFE CYCLE ANALYSIS, BY REGION... 37
2 5 MARKET OVERVIEW INTRODUCTION APPLICABLE STANDARDS FOR BUSBAR BUSBAR: MARKET SEGMENTATION BY POWER RATING BY CONDUCTOR BY END-USER BY REGION MARKET DYNAMICS DRIVERS Growing energy consumption due to industrialization & urbanization Increasing focus on energy efficiency Cost & operational benefits of busbar RESTRAINTS Emerging grey/unorganized market providing low-quality & low priced products OPPORTUNITIES Development of smart cities Power sector reforms leading to upgrade of T&D networks CHALLENGES Volatility of raw material prices, especially copper BUSBAR MARKET, BY CONDUCTOR INTRODUCTION COPPER ALUMINUM BUSBAR MARKET, BY POWER RATING INTRODUCTION LOW POWER MEDIUM POWER HIGH POWER BUSBAR MARKET, BY END-USER INTRODUCTION UTILITIES INDUSTRIAL COMMERCIAL RESIDENTIAL... 57
3 9 BUSBAR MARKET, BY INDUSTRIAL END-USER INTRODUCTION CHEMICALS & PETROLEUM METALS & MINING MANUFACTURING OTHERS BUSBAR MARKET, BY REGION INTRODUCTION BY REGION ASIA-PACIFIC BY CONDUCTOR BY POWER RATING BY END-USER BY INDUSTRIAL END-USER BY COUNTRY China Japan India Australia Rest of Asia-Pacific NORTH AMERICA BY CONDUCTOR BY POWER RATING BY END-USER BY INDUSTRIAL END-USER BY COUNTRY U.S Canada Mexico SOUTH AMERICA BY CONDUCTOR BY POWER RATING BY END-USER BY INDUSTRIAL END-USER BY COUNTRY Argentina Brazil Colombia VENEZUELA Rest of South America... 80
4 10.6 EUROPE BY CONDUCTOR BY POWER RATING BY END-USER BY INDUSTRIAL END-USER BY COUNTRY Germany France U.K Italy Spain Russia Rest of Europe MIDDLE EAST & AFRICA BY CONDUCTOR BY POWER RATING BY END-USER BY INDUSTRIAL END-USER BY COUNTRY Nigeria South Africa Saudi Arabia UAE Iran Iraq Qatar Rest of the Middle East & Africa COMPETITIVE LANDSCAPE OVERVIEW COMPETITIVE SITUATIONS & TRENDS CONTRACTS & AGREEMENTS MERGERS & ACQUISITIONS NEW PRODUCT DEVELOPMENTS INVESTMENTS & EXPANSIONS
5 12 COMPANY PROFILES (Overview, Products & Services, Strategies & Insights, Developments and MnM View)* 12.1 INTRODUCTION SIEMENS AG ABB LTD SCHNEIDER ELECTRIC SE EATON CORPORATION PLC LEGRAND S.A GENERAL ELECTRIC MERSEN S.A RITTAL GMBH & CO. KG CHINT ELECTRIC CO. LTD POWER PRODUCTS LLC C&S ELECTRIC COMPANY PROMET AG *Details on Overview, Products & Services, Strategies & Insights, Developments and MnM View might not be captured in case of unlisted companies. 13 APPENDIX INSIGHTS OF INDUSTRY EXPERTS DISCUSSION GUIDE KNOWLEDGE STORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL INTRODUCING RT: REAL TIME MARKET INTELLIGENCE AVAILABLE CUSTOMIZATIONS RELATED REPORTS AUTHOR DETAILS...142
6 LIST OF TABLES TABLE 1 BUSBAR MARKET SIZE, BY CONDUCTOR, (USD MILLION) 46 TABLE 2 COPPER: BUSBAR MARKET SIZE, BY REGION, (USD MILLION) 46 TABLE 3 ALUMINUM: BUSBAR MARKET SIZE, BY REGION, (USD MILLION) 47 TABLE 4 BUSBAR MARKET SIZE, BY POWER RATING, (USD MILLION) 50 TABLE 5 LOW POWER: BUSBAR MARKET SIZE, BY REGION, (USD MILLION) 51 TABLE 6 MEDIUM POWER: BUSBAR MARKET SIZE, BY REGION, (USD MILLION) 51 TABLE 7 HIGH POWER: BUSBAR MARKET SIZE, BY REGION, (USD MILLION) 52 TABLE 8 BUSBAR MARKET SIZE, BY END-USER, (USD MILLION) 55 TABLE 9 UTILITIES: BUSBAR MARKET SIZE, BY REGION, (USD MILLION) 55 TABLE 10 INDUSTRIAL : BUSBAR MARKET SIZE, BY REGION, (USD MILLION) 56 TABLE 11 COMMERCIAL: BUSBAR MARKET SIZE, BY REGION, (USD MILLION) 57 TABLE 12 RESIDENTIAL: BUSBAR MARKET SIZE, BY REGION, (USD MILLION) 57 TABLE 13 BUSBAR MARKET SIZE, BY INDUSTRIAL END-USER, (USD MILLION) 60 TABLE 14 TABLE 15 CHEMICALS & PETROLEUM: BUSBAR MARKET SIZE, BY REGION, (USD MILLION) 60 METALS & MINING : BUSBAR MARKET SIZE, BY REGION, (USD MILLION) 61 TABLE 16 MANUFACTURING: BUSBAR MARKET SIZE, BY REGION, (USD MILLION) 62 TABLE 17 OTHERS: BUSBAR MARKET SIZE, BY REGION, (USD MILLION) 62 TABLE 18 BUSBAR MARKET SIZE, BY REGION, (USD MILLION) 65 TABLE 19 ASIA-PACIFIC: BUSBAR MARKET SIZE, BY CONDUCTOR, (USD MILLION) 67 TABLE 20 ASIA-PACIFIC: BUSBAR MARKET SIZE, BY POWER RATING, (USD MILLION) 67 TABLE 21 ASIA-PACIFIC: BUSBAR MARKET SIZE, BY END-USER, (USD MILLION) 67 TABLE 22 ASIA-PACIFIC: BUSBAR MARKET SIZE, BY INDUSTRIAL END-USER, (USD MILLION) 68 TABLE 23 ASIA-PACIFIC: BUSBAR MARKET SIZE, BY COUNTRY, (USD MILLION) 68 TABLE 24 CHINA: BUSBAR MARKET SIZE, BY END-USER, (USD MILLION) 69 TABLE 25 JAPAN: BUSBAR MARKET SIZE, BY END-USER, (USD MILLION) 69 TABLE 26 INDIA: BUSBAR MARKET SIZE, BY END-USER, (USD MILLION) 70 TABLE 27 AUSTRALIA: BUSBAR MARKET SIZE, BY END-USER, (USD MILLION) 70 TABLE 28 TABLE 29 TABLE 30 TABLE 31 TABLE 32 TABLE 33 REST OF ASIA-PACIFIC: BUSBAR MARKET SIZE, BY END-USER, (USD MILLION) 71 NORTH AMERICA: BUSBAR MARKET SIZE, BY CONDUCTOR, (USD MILLION) 72 NORTH AMERICA: BUSBAR MARKET SIZE, BY POWER RATING, (USD MILLION) 72 NORTH AMERICA: BUSBAR MARKET SIZE, BY END-USER, (USD MILLION) 73 NORTH AMERICA: BUSBAR MARKET SIZE, BY INDUSTRIAL END-USER, (USD MILLION) 73 NORTH AMERICA: BUSBAR MARKET SIZE, BY COUNTRY, (USD MILLION) 74 TABLE 34 U.S.: BUSBAR MARKET SIZE, BY END-USER, (USD MILLION) 74
7 TABLE 35 CANADA: BUSBAR MARKET SIZE, BY END-USER, (USD MILLION) 75 TABLE 36 MEXICO: BUSBAR MARKET SIZE, BY END-USER, (USD MILLION) 75 TABLE 37 TABLE 38 TABLE 39 TABLE 40 TABLE 41 SOUTH AMERICA : BUSBAR MARKET SIZE, BY CONDUCTOR, (USD MILLION) 76 SOUTH AMERICA: BUSBAR MARKET SIZE, BY POWER RATING, (USD MILLION) 76 SOUTH AMERICA: BUSBAR MARKET SIZE, BY END-USER, (USD MILLION) 77 SOUTH AMERICA: BUSBAR MARKET SIZE, BY INDUSTRIAL END-USER, (USD MILLION) 77 SOUTH AMERICA: BUSBAR MARKET SIZE, BY COUNTRY, (USD MILLION) 78 TABLE 42 ARGENTINA: BUSBAR MARKET SIZE, BY END-USER, (USD MILLION) 78 TABLE 43 BRAZIL: BUSBAR MARKET SIZE, BY END-USER, (USD MILLION) 79 TABLE 44 COLOMBIA: BUSBAR MARKET SIZE, BY END-USER, (USD MILLION) 79 TABLE 45 VENEZUELA: BUSBAR MARKET SIZE, BY END-USER, (USD MILLION) 80 TABLE 46 REST OF SOUTH AMERICA: BUSBAR MARKET SIZE, BY END-USER, (USD MILLION) 81 TABLE 47 EUROPE: BUSBAR MARKET SIZE, BY CONDUCTOR, (USD MILLION) 81 TABLE 48 EUROPE: BUSBAR MARKET SIZE, BY POWER RATING, (USD MILLION) 82 TABLE 49 EUROPE: BUSBAR MARKET SIZE, BY END-USER, (USD MILLION) 82 TABLE 50 EUROPE: BUSBAR MARKET SIZE, BY INDUSTRIAL END-USER, (USD MILLION) 83 TABLE 51 EUROPE: BUSBAR MARKET SIZE, BY COUNTRY, (USD MILLION) 83 TABLE 52 GERMANY: BUSBAR MARKET SIZE, BY END-USER, (USD MILLION) 84 TABLE 53 FRANCE: BUSBAR MARKET SIZE, BY END-USER, (USD MILLION) 84 TABLE 54 U.K.: BUSBAR MARKET SIZE, BY END-USER, (USD MILLION) 85 TABLE 55 ITALY: BUSBAR MARKET SIZE, BY END-USER, (USD MILLION) 86 TABLE 56 SPAIN: BUSBAR MARKET SIZE, BY END-USER, (USD MILLION) 86 TABLE 57 RUSSIA: BUSBAR MARKET SIZE, BY END-USER, (USD MILLION) 87 TABLE 58 TABLE 59 TABLE 60 TABLE 61 TABLE 62 TABLE 63 REST OF EUROPE: BUSBAR MARKET SIZE, BY END-USER, (USD MILLION) 87 MIDDLE EAST & AFRICA: BUSBAR MARKET SIZE, BY CONDUCTOR, (USD MILLION) 88 MIDDLE EAST & AFRICA: BUSBAR MARKET SIZE, BY POWER RATING, (USD MILLION) 88 MIDDLE EAST & AFRICA: BUSBAR MARKET SIZE, BY END-USER, (USD MILLION) 89 MIDDLE EAST & AFRICA: BUSBAR MARKET SIZE, BY INDUSTRIAL END-USER, (USD MILLION) 89 MIDDLE EAST & AFRICA: BUSBAR MARKET SIZE, BY COUNTRY, (USD MILLION) 90 TABLE 64 NIGERIA: BUSBAR MARKET SIZE, BY END-USER, (USD MILLION) 90 TABLE 65 SOUTH AFRICA: BUSBAR MARKET SIZE, BY END-USER, (USD MILLION) 91 TABLE 66 SAUDI ARABIA: BUSBAR MARKET SIZE, BY END-USER, (USD MILLION) 91 TABLE 67 UAE: BUSBAR MARKET SIZE, BY END-USER, (USD MILLION) 92 TABLE 68 IRAN: BUSBAR MARKET SIZE, BY END-USER, (USD MILLION) 93 TABLE 69 IRAQ: BUSBAR MARKET SIZE, BY END-USER, (USD MILLION) 93
8 TABLE 70 QATAR: BUSBAR MARKET SIZE, BY END-USER, (USD MILLION) 94 TABLE 71 REST OF THE MIDDLE EAST & AFRICA: BUSBAR MARKET SIZE, BY END-USER, (USD MILLION) 94 TABLE 72 CONTRACTS & AGREEMENTS, TABLE 73 MERGER & ACQUISITIONS, TABLE 74 NEW PRODUCT DEVELOPMENTS, TABLE 75 INVESTMENTS & EXPANSIONS,
9 LIST OF FIGURES FIGURE 1 BUSBAR MARKET: MARKET SEGMENTATION 15 FIGURE 2 BUSBAR MARKET: COUNTRY-WISE SCOPE 16 FIGURE 3 BUSBAR MARKET: RESEARCH DESIGN 19 FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, & REGION 22 FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 23 FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 23 FIGURE 7 DATA TRIANGULATION METHODOLOGY 24 FIGURE 8 THE ASIA-PACIFIC MARKET OCCUPIED THE LARGEST SHARE (VALUE) IN FIGURE 9 BUSBAR MARKET SHARE (VALUE), BY POWER RATING, 2016 & FIGURE 10 FIGURE 11 FIGURE 12 FIGURE 13 FIGURE 14 FIGURE 15 FIGURE 16 FIGURE 17 FIGURE 18 FIGURE 19 FIGURE 20 FIGURE 21 FIGURE 22 COPPER BUSBAR SEGMENT IS EXPECTED TO ACCOUNT FOR THE MAXIMUM SHARE DURING THE FORECAST PERIOD 28 UTILITIES SEGMENT IS EXPECTED TO BE THE LARGEST END-USER IN 2016 AND IS PROJECTED TO REMAIN SO TILL CHEMICAL & PETROLEUM SEGMENT IS EXPECTED TO BE THE LARGEST INDUSTRIAL END-USER IN 2016 AND IS PROJECTED TO REMAIN SO TILL ASIA-PACIFIC IS EXPECTED TO BE THE LARGEST MARKET DURING THE FORECAST PERIOD 30 CONTRACTS & AGREEMENTS WAS THE MOST ADOPTED STRATEGY BY KEY PLAYERS ( ) 31 GROWING ENERGY CONSUMPTION DUE TO URBANIZATION & INDUSTRIALIZATION IS EXPECTED TO DRIVE THE DEMAND FOR BUSBAR DURING THE FORECAST PERIOD 32 ASIA-PACIFIC AND THE MIDDLE EAST & AFRICA ARE EXPECTED TO GROW AT A FAST PACE DURING THE FORECAST PERIOD 33 UTILITIES SEGMENT IS EXPECTED TO HOLD THE LARGEST SHARE DURING THE FORECAST PERIOD 34 THE CHINESE BUSBAR MARKET IS PROJECTED TO HOLD THE LARGEST SHARE IN ASIA-PACIFIC DURING THE FORECAST PERIOD 35 COPPER SEGMENT ACCOUNTED FOR THE LARGEST MARKET SHARE GLOBALLY IN LOW POWER BUSBAR SEGMENT IS EXPECTED TO DOMINATE THE GLOBAL MARKET DURING THE FORECAST PERIOD 36 THE MIDDLE EAST & AFRICA MARKET IS EXPECTED TO GROW AT THE HIGHEST RATE DURING THE FORECAST PERIOD 37 BUSBAR MARKET SEGMENTATION, BY CONDUCTOR, POWER RATING, END-USER, & REGION 40 FIGURE 23 MARKET DYNAMICS OF BUSBAR 41 FIGURE 24 URBANIZATION TREND 42 FIGURE 25 COPPER CONDUCTOR SEGMENT DOMINATED THE BUSBAR MARKET, FIGURE 26 FIGURE 27 FIGURE 28 ALUMINUM CONDUCTOR SEGMENT IS PROJECTED TO GROW AT A FAST PACE DURING THE FORECAST PERIOD 45 LOW POWER SEGMENT ACCOUNTED FOR THE LARGEST MARKET SHARE (VALUE) IN HIGH POWER IS PROJECTED TO BE THE FASTEST GROWING SEGMENT IN THE GLOBAL BUSBAR MARKET,
10 FIGURE 29 UTILITIES SEGMENT WAS THE LARGEST MARKET, BY END-USER IN FIGURE 30 FIGURE 31 FIGURE 32 FIGURE 33 UTILITIES SEGMENT IS PROJECTED TO GROW AT THE HIGHEST RATE DURING THE FORECAST PERIOD 54 CHEMICALS & PETROLEUM WAS THE LARGEST SEGMENT FOR THE BUSBAR MARKET, BY INDUSTRIAL END-USER, CHEMICALS & PETROLEUM SEGMENT IS PROJECTED TO GROW AT THE HIGHEST RATE DURING THE FORECAST PERIOD 59 REGIONAL SNAPSHOT (2015) RAPIDLY GROWING MARKETS ARE EMERGING AS NEW HOT SPOTS 64 FIGURE 34 BUSBAR MARKET SIZE, BY REGION, 2016 & 2021 (USD MILLION) 65 FIGURE 35 AN OVERVIEW OF THE ASIA-PACIFIC BUSBAR MARKET 66 FIGURE 36 COMPANIES ADOPTED CONTRACTS & AGREEMENTS AND NEW PRODUCT DEVELOPMENTS TO CAPTURE THE MARKET, FIGURE 37 COMPANY MARKET SHARE (BY VALUE), FIGURE 38 MARKET EVALUATION FRAMEWORK: NEW PRODUCT DEVELOPMENTS, CONTRACTS & AGREEMENTS, AND MERGER & ACQUISITION HAVE FUELED THE GROWTH OF COMPANIES, FIGURE 39 REGION-WISE REVENUE MIX OF THE TOP 5 MARKET PLAYERS 102 FIGURE 40 SIEMENS AG: COMPANY SNAPSHOT 103 FIGURE 41 SIEMENS AG: SWOT ANALYSIS 105 FIGURE 42 ABB LTD.: COMPANY SNAPSHOT 108 FIGURE 43 ABB LTD.: SWOT ANALYSIS 110 FIGURE 44 SCHNEIDER ELECTRIC SE: COMPANY SNAPSHOT 111 FIGURE 45 SCHNEIDER ELECTRIC SE: SWOT ANALYSIS 114 FIGURE 46 EATON CORPORATION PLC.: COMPANY SNAPSHOT 115 FIGURE 47 EATON CORPORATION PLC. : SWOT ANALYSIS 117 FIGURE 48 LEGRAND S.A. : COMPANY SNAPSHOT 118 FIGURE 49 LEGRAND S.A. : SWOT ANALYSIS 120 FIGURE 50 GENERAL ELECTRIC : COMPANY SNAPSHOT 121 FIGURE 51 MERSEN S.A.: COMPANY SNAPSHOT 123
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