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ASIA-PACIFIC COPPER BUSBAR MARKET FORECAST 2022-2030

The Asia-Pacific copper busbar market is projected to register a CAGR of 6.46% during the forecast period, 2022-2030, and is set to reach a revenue of $7621.67 million by 2030.

ASIA-PACIFIC COPPER BUSBAR MARKET FORECAST 2022-2030

Asia-Pacific Copper Busbar Market by Material Type (Electrolytic Tough Pitch Copper Busbar, Oxygen-free Copper, Other Material Types) Market by Deployment (Industrial, Commercial, Residential) Market by End-user (Electrical Utilities, Telecommunication, Data Centres, Automotive & Transportation, Other End-users) Market by Application (Power Distribution Panel, Switchboard, Transformer, Bus Duct, Heat Sink, Motors & Generators, Other Applications) By Geography

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The Asia-Pacific copper busbar market is projected to register a CAGR of 6.46% during the forecast period, 2022-2030, and is set to reach a revenue of $7621.67 million by 2030.

The copper busbar market growth in Asia-Pacific is attributed to the growing investments in grid modernization & expansion and the efforts to lessen the gap between the supply & demand for electricity in the key countries. For instance, the national electricity consumption in China increased in 2018 by 18% more than the previous year, according to the China Electricity Council (CEC). In addition, the strong prioritization of developing grid infrastructure and cellular technologies is expected to offer growth opportunities.

Asia-Pacific Copper Busbar Market

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The Asia-Pacific copper busbar market growth analysis includes the assessment of China, India, Japan, Indonesia, South Korea, and Rest of Asia-Pacific. In Japan, the considerable investments in advanced technologies are enabling laminated busbar companies to optimize and enhance their business performance and operations. Also, the thriving hybrid electric vehicle market offers lucrative growth opportunities for copper busbar. For instance, Japan registered the largest hybrid electric vehicle fleet globally in March 2018, with 7.5 million hybrids. As a result, the advancements in the transportation & automotive sectors and new investments in the energy sector aid the Japan copper busbar market growth.

Further, Indonesia plans to install large-scale solar panels to generate 5.3 gigawatts of power through 2030, since the country is transitioning from fossil fuels to renewable energy. This is further facilitating more panel installations in households, offices, and factories. While in the Rest of Asia-Pacific segment, increased investments in advanced technologies like silicon carbide applications, renewable energy integration, smart city initiatives, hybrid electric vehicles, favorable government initiatives boosting industrial development, and rapid industrialization propel market growth.

The Asia-Pacific copper busbar market segmentation includes application, end-user, deployment, and material type. The deployment segment includes residential, commercial, and industrial.

The commercial deployment of copper busbar encompasses water distributors, cooling centers, offices, theatres, malls, commercial buildings, etc. Monitoring energy consumption and electrical conductivity are the common uses of copper busbar in commercial deployment. Also, it is used in busway enclosures, panel boards, inside switchgear, and electric power distribution for local high current power distribution. For instance, it can connect low-voltage equipment in battery banks and high-voltage equipment at electrical switchyards.

Further, copper busbars are versatile, and their utilization can be found in educational institutions, hospitals, and factories. They are an ideal choice when a project has limited space and needs alternative electrical distribution systems.

Some of the key firms in the Asia-Pacific copper busbar market are Promet AG, Oriental Copper Ltd, Luvata, Schneider Electric SE, etc.

Oriental Copper is a leading manufacturer of copper fabricated products and copper busbar. Its copper materials can achieve an electrical conductivity of 101% IACS and have high quality mechanical properties suitable for applications in the electronic industry and electrical energy business.

One of its key products, OC-ETP®, is cast from the highest purity copper cathode available from smelters and mines. The high quality production and the purity of raw material make it an ideal choice for all economical and technical solutions regarding electrical applications that require copper busduct and busbar.

Report Synopsis

Report Scope Details
Market Forecast Years 2022-2030
Base Year 2021
Market Historical Years 2018-2021
Forecast Units Revenue ($ Million)
Segments Analyzed Application, End-User, Deployment, Material Type
Countries Analyzed China, India, Japan, Indonesia, South Korea, and Rest of Asia-Pacific
Companies Analyzed

ABB Ltd, American Power Connection Systems Inc, Aurubis AG, Eaton Corporation Plc, ELVALHALCOR Hellenic Copper and Aluminum Industry SA, Etablissements Gindre Duchavany SA, KINTO Electric Co Ltd, Lafer Iberica Srl, Luvata, Oriental Copper Ltd, Promet AG, Schneider Electric SE, Siemens Aktiengesellschaft, Sofia Med SA, Wetown Electric Group

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    1. RESEARCH SCOPE & METHODOLOGY
      • STUDY OBJECTIVES
      • SCOPE OF STUDY
      • METHODOLOGY
      • ASSUMPTIONS & LIMITATIONS
    2. EXECUTIVE SUMMARY
      • MARKET SIZE & ESTIMATES
      • MARKET OVERVIEW
    3. MARKET DYNAMICS
      • KEY DRIVERS
        • RISING CONSTRUCTION ACTIVITIES WORLDWIDE
        • GROWING UTILIZATION OF ELECTRICITY, INDUSTRIALIZATION, AND URBANIZATION
        • INCREASING INVESTMENTS IN TRANSMISSION & DISTRIBUTION INFRASTRUCTURE
      • KEY RESTRAINTS
        • FLUCTUATIONS IN RAW MATERIAL PRICES
    1. KEY ANALYTICS
      • IMPACT OF COVID-19 ON COPPER BUSBAR MARKET
      • KEY MARKET TRENDS
      • PORTER’S FIVE FORCES ANALYSIS
        • BUYERS POWER
        • SUPPLIERS POWER
        • SUBSTITUTION
        • NEW ENTRANTS
        • INDUSTRY RIVALRY
      • OPPORTUNITY MATRIX
      • VENDOR LANDSCAPE
      • VALUE CHAIN ANALYSIS
      • KEY BUYING CRITERIA
        • COST EFFECTIVENESS
        • APPLICATION
        • EFFICIENCY
        • RELIABILITY
    1. MARKET BY MATERIAL TYPE
      • ETP (ELECTROLYTIC TOUGH PITCH COPPER BUSBAR)
      • OXYGEN-FREE COPPER (OF)
      • OTHER MATERIAL TYPE
    2. MARKET BY DEPLOYMENT
      • INDUSTRIAL
      • COMMERCIAL
      • RESIDENTIAL
    3. MARKET BY END-USER
      • ELECTRICAL UTILITIES
      • TELECOMMUNICATION
      • DATA CENTRES
      • AUTOMOTIVE & TRANSPORTATION
      • OTHER END-USERS
    4. MARKET BY APPLICATION
      • POWER DISTRIBUTION PANEL
      • SWITCHBOARD
      • TRANSFORMER
      • BUS DUCT
      • HEAT SINK
      • MOTORS & GENERATORS
      • OTHER APPLICATIONS
    5. GEOGRAPHICAL ANALYSIS
      • ASIA-PACIFIC
        • MARKET SIZE & ESTIMATES
        • KEY GROWTH ENABLERS
        • KEY CHALLENGES
        • KEY PLAYERS
        • COUNTRY ANALYSIS
          • CHINA
          • JAPAN
          • INDIA
          • SOUTH KOREA
          • INDONESIA
          • REST OF ASIA-PACIFIC
    1. COMPETITIVE LANDSCAPE
      • KEY STRATEGIC DEVELOPMENTS
        • MERGERS & ACQUISITIONS
        • PARTNERSHIPS & AGREEMENTS
        • BUSINESS EXPANSIONS & DIVESTITURES
      • COMPANY PROFILES
        • ABB LTD
        • AMERICAN POWER CONNECTION SYSTEMS INC
        • AURUBIS AG
        • EATON CORPORATION PLC
        • ELVALHALCOR HELLENIC COPPER AND ALUMINUM INDUSTRY SA
        • ETABLISSEMENTS GINDRE DUCHAVANY SA
        • KINTO ELECTRIC CO LTD
        • LAFER IBERICA SRL
        • LUVATA
        • ORIENTAL COPPER LTD
        • PROMET AG
        • SCHNEIDER ELECTRIC SE
        • SIEMENS AKTIENGESELLSCHAFT
        • SOFIA MED SA
        • WETOWN ELECTRIC GROUP

    LIST OF TABLES

    TABLE 1: MARKET SNAPSHOT – COPPER BUSBAR

    TABLE 2: ASIA-PACIFIC COPPER BUSBAR MARKET, BY MATERIAL TYPE, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

    TABLE 3: ASIA-PACIFIC COPPER BUSBAR MARKET, BY MATERIAL TYPE, FORECAST YEARS, 2022-2030 (IN $ MILLION)

    TABLE 4: ASIA-PACIFIC COPPER BUSBAR MARKET, BY DEPLOYMENT, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

    TABLE 5: ASIA-PACIFIC COPPER BUSBAR MARKET, BY DEPLOYMENT, FORECAST YEARS, 2022-2030 (IN $ MILLION)

    TABLE 6: ASIA-PACIFIC COPPER BUSBAR MARKET, BY END-USER, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

    TABLE 7: ASIA-PACIFIC COPPER BUSBAR MARKET, BY END-USER, FORECAST YEARS, 2022-2030 (IN $ MILLION)

    TABLE 8: ASIA-PACIFIC COPPER BUSBAR MARKET, BY APPLICATION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

    TABLE 9: ASIA-PACIFIC COPPER BUSBAR MARKET, BY APPLICATION, FORECAST YEARS, 2022-2030 (IN $ MILLION)

    TABLE 10: ASIA-PACIFIC COPPER BUSBAR MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

    TABLE 11: ASIA-PACIFIC COPPER BUSBAR MARKET, BY COUNTRY, FORECAST YEARS, 2022-2030 (IN $ MILLION)

    TABLE 12: LEADING PLAYERS OPERATING IN ASIA-PACIFIC COPPER BUSBAR MARKET

    TABLE 13: LIST OF MERGERS & ACQUISITIONS

    TABLE 14: LIST OF PARTNERSHIPS & AGREEMENTS

    TABLE 15: LIST OF BUSINESS EXPANSIONS & DIVESTITURES   

    LIST OF FIGURES

    FIGURE 1: KEY MARKET TRENDS

    FIGURE 2: PORTER’S FIVE FORCES ANALYSIS

    FIGURE 3: OPPORTUNITY MATRIX

    FIGURE 4: VENDOR LANDSCAPE

    FIGURE 5: VALUE CHAIN ANALYSIS

    FIGURE 6: KEY BUYING CRITERIA

    FIGURE 7: ASIA-PACIFIC COPPER BUSBAR MARKET, GROWTH POTENTIAL, BY MATERIAL TYPE, IN 2021

    FIGURE 8: ASIA-PACIFIC COPPER BUSBAR MARKET, BY ETP (ELECTROLYTIC TOUGH PITCH COPPER BUSBAR), 2022-2030 (IN $ MILLION)

    FIGURE 9: ASIA-PACIFIC COPPER BUSBAR MARKET, BY OXYGEN-FREE COPPER (OF), 2022-2030 (IN $ MILLION)

    FIGURE 10: ASIA-PACIFIC COPPER BUSBAR MARKET, BY OTHER MATERIAL TYPE, 2022-2030 (IN $ MILLION)

    FIGURE 11: ASIA-PACIFIC COPPER BUSBAR MARKET, GROWTH POTENTIAL, BY DEPLOYMENT, IN 2021

    FIGURE 12: ASIA-PACIFIC COPPER BUSBAR MARKET, BY INDUSTRIAL, 2022-2030 (IN $ MILLION)

    FIGURE 13: ASIA-PACIFIC COPPER BUSBAR MARKET, BY COMMERCIAL, 2022-2030 (IN $ MILLION)

    FIGURE 14: ASIA-PACIFIC COPPER BUSBAR MARKET, BY RESIDENTIAL, 2022-2030 (IN $ MILLION)

    FIGURE 15: ASIA-PACIFIC COPPER BUSBAR MARKET, GROWTH POTENTIAL, BY END-USER, IN 2021

    FIGURE 16: ASIA-PACIFIC COPPER BUSBAR MARKET, BY ELECTRICAL UTILITIES, 2022-2030 (IN $ MILLION)

    FIGURE 17: ASIA-PACIFIC COPPER BUSBAR MARKET, BY TELECOMMUNICATION, 2022-2030 (IN $ MILLION)

    FIGURE 18: ASIA-PACIFIC COPPER BUSBAR MARKET, BY DATA CENTRES, 2022-2030 (IN $ MILLION)

    FIGURE 19: ASIA-PACIFIC COPPER BUSBAR MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (IN $ MILLION)

    FIGURE 20: ASIA-PACIFIC COPPER BUSBAR MARKET, BY OTHER END-USERS, 2022-2030 (IN $ MILLION)

    FIGURE 21: ASIA-PACIFIC COPPER BUSBAR MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2021

    FIGURE 22: ASIA-PACIFIC COPPER BUSBAR MARKET, BY POWER DISTRIBUTION PANEL, 2022-2030 (IN $ MILLION)

    FIGURE 23: ASIA-PACIFIC COPPER BUSBAR MARKET, BY SWITCHBOARD, 2022-2030 (IN $ MILLION)

    FIGURE 24: ASIA-PACIFIC COPPER BUSBAR MARKET, BY TRANSFORMER, 2022-2030 (IN $ MILLION)

    FIGURE 25: ASIA-PACIFIC COPPER BUSBAR MARKET, BY BUS DUCT, 2022-2030 (IN $ MILLION)

    FIGURE 26: ASIA-PACIFIC COPPER BUSBAR MARKET, BY HEAT SINK, 2022-2030 (IN $ MILLION)

    FIGURE 27: ASIA-PACIFIC COPPER BUSBAR MARKET, BY MOTORS AND GENERATORS, 2022-2030 (IN $ MILLION)

    FIGURE 28: ASIA-PACIFIC COPPER BUSBAR MARKET, BY OTHER APPLICATIONS, 2022-2030 (IN $ MILLION)

    FIGURE 29: ASIA-PACIFIC COPPER BUSBAR MARKET, COUNTRY OUTLOOK, 2021 & 2030 (IN %)

    FIGURE 30: CHINA COPPER BUSBAR MARKET, 2022-2030 (IN $ MILLION)

    FIGURE 31: JAPAN COPPER BUSBAR MARKET, 2022-2030 (IN $ MILLION)

    FIGURE 32: INDIA COPPER BUSBAR MARKET, 2022-2030 (IN $ MILLION)

    FIGURE 33: SOUTH KOREA COPPER BUSBAR MARKET, 2022-2030 (IN $ MILLION)

    FIGURE 34: INDONESIA COPPER BUSBAR MARKET, 2022-2030 (IN $ MILLION)

    FIGURE 35: REST OF ASIA-PACIFIC COPPER BUSBAR MARKET, 2022-2030 (IN $ MILLION)       

    1. GEOGRAPHICAL ANALYSIS
      • ASIA-PACIFIC
        • MARKET SIZE & ESTIMATES
        • KEY GROWTH ENABLERS
        • KEY CHALLENGES
        • KEY PLAYERS
        • COUNTRY ANALYSIS
          • CHINA
          • JAPAN
          • INDIA
          • SOUTH KOREA
          • INDONESIA
          • REST OF ASIA-PACIFIC
    1. MARKET BY MATERIAL TYPE
      • ETP (ELECTROLYTIC TOUGH PITCH COPPER BUSBAR)
      • OXYGEN-FREE COPPER (OF)
      • OTHER MATERIAL TYPE
    2. MARKET BY DEPLOYMENT
      • INDUSTRIAL
      • COMMERCIAL
      • RESIDENTIAL
    3. MARKET BY END-USER
      • ELECTRICAL UTILITIES
      • TELECOMMUNICATION
      • DATA CENTRES
      • AUTOMOTIVE & TRANSPORTATION
      • OTHER END-USERS
    4. MARKET BY APPLICATION
      • POWER DISTRIBUTION PANEL
      • SWITCHBOARD
      • TRANSFORMER
      • BUS DUCT
      • HEAT SINK
      • MOTORS & GENERATORS
      • OTHER APPLICATIONS

    To request a free sample copy of this report, please complete the form below :

    We offer 10% free customization including country-level data, niche applications and competitive landscape with every report.


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