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ASIA-PACIFIC COPPER BUSBAR MARKET FORECAST 2024-2032

SCOPE OF THE REPORT

Asia-Pacific Copper Busbar Market by Material Type (ETP (Electrolytic Tough Pitch Copper Busbar), Oxygen-Free Copper (OF) Busbars, Other Material Types) Market by Deployment (Industrial, Commercial, Residential) Market by Application (Power Distribution Panels, Switchboards, Transformers, Bus Ducts, Heat Sinks, Motors & Generators, Other Applications) Market by End-user (Electrical Utilities, Telecommunication, Data Centres, Automotive & Transportation, Other End-users) by Geography


MARKET OVERVIEW

The Asia-Pacific copper busbar market is expected to project a CAGR of 6.70% during the forecast period, 2024-2032, and is set to reach a revenue of $xx million by 2032.

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.

The Asia-Pacific copper busbar market growth analysis includes the assessment of Australia & New Zealand, China, India, Japan, Indonesia, South Korea, and Rest of Asia-Pacific. In Japan, 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 busbars. 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.

Asia-Pacific Copper Busbar Market

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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. Whereas 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 busbars encompasses water distributors, cooling centers, offices, theatres, malls, commercial buildings, etc. Monitoring energy consumption and electrical conductivity are the common uses of copper busbars 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 busbars. 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 SCOPEDETAILS
Market Forecast Years2024-2032
Base Year2023
Market Historical Years2018-2022
Forecast UnitsRevenue ($ Million)
Segments Analyzed
Application, End-User, Deployment, and Material Type
Countries AnalyzedAustralia & New Zealand, China, India, Japan, Indonesia, South Korea, and Rest of Asia-Pacific
Companies AnalyzedABB 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, Luvata, Oriental Copper Ltd, Promet AG, Rittal, Schneider Electric SE, Siemens Aktiengesellschaft, Sofia Med SA, Wetown Electric Group
TABLE OF CONTENTS
  1. RESEARCH SCOPE & METHODOLOGY
    1. STUDY OBJECTIVES
    2. METHODOLOGY
    3. ASSUMPTIONS & LIMITATIONS
  2. EXECUTIVE SUMMARY
    1. MARKET SIZE & ESTIMATES
    2. MARKET OVERVIEW
    3. SCOPE OF STUDY
    4. CRISIS SCENARIO ANALYSIS
    5. MAJOR MARKET FINDINGS
  3. MARKET DYNAMICS
    1. KEY DRIVERS
      1. RISING CONSTRUCTION ACTIVITIES WORLDWIDE
      2. GROWING UTILIZATION OF ELECTRICITY, INDUSTRIALIZATION, AND URBANIZATION
      3. INCREASING INVESTMENTS IN TRANSMISSION & DISTRIBUTION INFRASTRUCTURE
    2. KEY RESTRAINTS
      1. FLUCTUATIONS IN RAW MATERIAL PRICES
      2. COMPETITION AGAINST ALTERNATIVE COST-EFFECTIVE MATERIALS LIKE ALUMINUM BUSBARS   
  4. KEY ANALYTICS
    1. KEY MARKET TRENDS
      1. GROWING DEMAND IN ELECTRONICS MANUFACTURING
      2. INTEGRATION WITH SMART GRID TECHNOLOGIES
      3. RISING ELECTRIFICATION OF TRANSPORTATION SERVICES
    2. PORTER’S FIVE FORCES ANALYSIS
      1. BUYERS POWER
      2. SUPPLIERS POWER
      3. SUBSTITUTION
      4. NEW ENTRANTS
      5. INDUSTRY RIVALRY
    3. GROWTH PROSPECT MAPPING
    4. MARKET CONCENTRATION ANALYSIS
    5. VALUE CHAIN ANALYSIS
      1. MINING AND REFINING 
      2. MANUFACTURING 
      3. DISTRIBUTION AND SALES
      4. END-USE AND APPLICATION
    6. KEY BUYING CRITERIA
      1. COST EFFECTIVENESS
      2. APPLICATION
      3. EFFICIENCY
      4. RELIABILITY
  5. MARKET BY MATERIAL TYPE 
    1. ETP (ELECTROLYTIC TOUGH PITCH COPPER BUSBAR)
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    2. OXYGEN-FREE COPPER (OF) BUSBARS
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    3. OTHER MATERIAL TYPES  
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
  6. MARKET BY DEPLOYMENT 
    1. INDUSTRIAL 
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    2. COMMERCIAL
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    3. RESIDENTIAL
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
  7. MARKET BY APPLICATION
    1. POWER DISTRIBUTION PANELS
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    2. SWITCHBOARDS
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    3. TRANSFORMERS
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    4. BUS DUCTS
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    5. HEAT SINKS
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    6. MOTORS & GENERATORS
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    7. OTHER APPLICATIONS
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
  8. MARKET BY END-USER
    1. ELECTRICAL UTILITIES
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    2. TELECOMMUNICATION
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    3. DATA CENTRES
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    4. AUTOMOTIVE & TRANSPORTATION
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    5. OTHER END-USERS 
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
  9. GEOGRAPHICAL ANALYSIS
    1. ASIA-PACIFIC
      1. MARKET SIZE & ESTIMATES
      2. ASIA-PACIFIC COPPER BUSBAR MARKET DRIVERS
      3. ASIA-PACIFIC COPPER BUSBAR MARKET CHALLENGES
      4. KEY PLAYERS IN ASIA-PACIFIC COPPER BUSBAR MARKET
      5. COUNTRY ANALYSIS
        1. CHINA
          1. CHINA COPPER BUSBAR MARKET SIZE & OPPORTUNITIES
        2. JAPAN
          1. JAPAN COPPER BUSBAR MARKET SIZE & OPPORTUNITIES
        3. INDIA
          1. INDIA COPPER BUSBAR MARKET SIZE & OPPORTUNITIES
        4. SOUTH KOREA
          1. SOUTH KOREA COPPER BUSBAR MARKET SIZE & OPPORTUNITIES
        5. INDONESIA
          1. INDONESIA COPPER BUSBAR MARKET SIZE & OPPORTUNITIES
        6. AUSTRALIA & NEW ZEALAND
          1. AUSTRALIA & NEW ZEALAND COPPER BUSBAR MARKET SIZE & OPPORTUNITIES
        7. REST OF ASIA-PACIFIC
          1. REST OF ASIA-PACIFIC COPPER BUSBAR MARKET SIZE & OPPORTUNITIES
  10. COMPETITIVE LANDSCAPE
    1. KEY STRATEGIC DEVELOPMENTS
      1. MERGERS & ACQUISITIONS
      2. PARTNERSHIPS & AGREEMENTS
      3. BUSINESS EXPANSIONS & DIVESTITURES
    2. COMPANY PROFILES
      1. ABB LTD
        1. COMPANY OVERVIEW
        2. PRODUCTS LIST
        3. STRENGTHS & CHALLENGES
      2. EATON CORPORATION PLC 
        1. COMPANY OVERVIEW
        2. PRODUCTS LIST
        3. STRENGTHS & CHALLENGES
      3. KINTO ELECTRIC CO LTD
        1. COMPANY OVERVIEW
        2. PRODUCTS LIST
        3. STRENGTHS & CHALLENGES
      4. LUVATA
        1. COMPANY OVERVIEW
        2. PRODUCTS LIST
        3. STRENGTHS & CHALLENGES
      5. ORIENTAL COPPER LTD
        1. COMPANY OVERVIEW
        2. PRODUCTS LIST
        3. STRENGTHS & CHALLENGES
      6. SCHNEIDER ELECTRIC SE
        1. COMPANY OVERVIEW
        2. PRODUCTS LIST
        3. STRENGTHS & CHALLENGES
      7. SIEMENS AKTIENGESELLSCHAFT
        1. COMPANY OVERVIEW
        2. PRODUCTS LIST
        3. STRENGTHS & CHALLENGES

LIST OF TABLES

TABLE 1: MARKET SNAPSHOT – COPPER BUSBAR

TABLE 2: ASIA-PACIFIC COPPER BUSBAR MARKET, BY MATERIAL TYPE, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 3: ASIA-PACIFIC COPPER BUSBAR MARKET, BY MATERIAL TYPE, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 4: ASIA-PACIFIC COPPER BUSBAR MARKET, BY DEPLOYMENT, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 5: ASIA-PACIFIC COPPER BUSBAR MARKET, BY DEPLOYMENT, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 6: ASIA-PACIFIC COPPER BUSBAR MARKET, BY APPLICATION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 7: ASIA-PACIFIC COPPER BUSBAR MARKET, BY APPLICATION, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 8: ASIA-PACIFIC COPPER BUSBAR MARKET, BY END-USER, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 9: ASIA-PACIFIC COPPER BUSBAR MARKET, BY END-USER, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 10: ASIA-PACIFIC COPPER BUSBAR MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 11: ASIA-PACIFIC COPPER BUSBAR MARKET, BY COUNTRY, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 12: KEY 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: GROWTH PROSPECT MAPPING FOR ASIA-PACIFIC

FIGURE 4: MARKET CONCENTRATION ANALYSIS

FIGURE 5: VALUE CHAIN ANALYSIS 

FIGURE 6: KEY BUYING CRITERIA

FIGURE 7: ASIA-PACIFIC COPPER BUSBAR MARKET, GROWTH POTENTIAL, BY MATERIAL TYPE, IN 2023

FIGURE 8: ASIA-PACIFIC COPPER BUSBAR MARKET, BY ETP (ELECTROLYTIC TOUGH PITCH COPPER BUSBAR), 2024-2032 (IN $ MILLION)

FIGURE 9: ASIA-PACIFIC COPPER BUSBAR MARKET, BY OXYGEN-FREE COPPER (OF) BUSBARS, 2024-2032 (IN $ MILLION)

FIGURE 10: ASIA-PACIFIC COPPER BUSBAR MARKET, BY OTHER MATERIAL TYPES, 2024-2032 (IN $ MILLION)

FIGURE 11: ASIA-PACIFIC COPPER BUSBAR MARKET, GROWTH POTENTIAL, BY DEPLOYMENT, IN 2023

FIGURE 12: ASIA-PACIFIC COPPER BUSBAR MARKET, BY INDUSTRIAL, 2024-2032 (IN $ MILLION)

FIGURE 13: ASIA-PACIFIC COPPER BUSBAR MARKET, BY COMMERCIAL, 2024-2032 (IN $ MILLION)

FIGURE 14: ASIA-PACIFIC COPPER BUSBAR MARKET, BY RESIDENTIAL, 2024-2032 (IN $ MILLION)

FIGURE 15: ASIA-PACIFIC COPPER BUSBAR MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2023

FIGURE 16: ASIA-PACIFIC COPPER BUSBAR MARKET, BY POWER DISTRIBUTION PANELS, 2024-2032 (IN $ MILLION)

FIGURE 17: ASIA-PACIFIC COPPER BUSBAR MARKET, BY SWITCHBOARDS, 2024-2032 (IN $ MILLION)

FIGURE 18: ASIA-PACIFIC COPPER BUSBAR MARKET, BY TRANSFORMERS, 2024-2032 (IN $ MILLION)

FIGURE 19: ASIA-PACIFIC COPPER BUSBAR MARKET, BY BUS DUCTS, 2024-2032 (IN $ MILLION)

FIGURE 20: ASIA-PACIFIC COPPER BUSBAR MARKET, BY HEAT SINKS, 2024-2032 (IN $ MILLION)

FIGURE 21: ASIA-PACIFIC COPPER BUSBAR MARKET, BY MOTORS & GENERATORS, 2024-2032 (IN $ MILLION)

FIGURE 22: ASIA-PACIFIC COPPER BUSBAR MARKET, BY OTHER APPLICATIONS, 2024-2032 (IN $ MILLION)

FIGURE 23: ASIA-PACIFIC COPPER BUSBAR MARKET, GROWTH POTENTIAL, BY END-USER, IN 2023

FIGURE 24: ASIA-PACIFIC COPPER BUSBAR MARKET, BY ELECTRICAL UTILITIES, 2024-2032 (IN $ MILLION)

FIGURE 25: ASIA-PACIFIC COPPER BUSBAR MARKET, BY TELECOMMUNICATION, 2024-2032 (IN $ MILLION)

FIGURE 26: ASIA-PACIFIC COPPER BUSBAR MARKET, BY DATA CENTRES, 2024-2032 (IN $ MILLION)

FIGURE 27: ASIA-PACIFIC COPPER BUSBAR MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2024-2032 (IN $ MILLION)

FIGURE 28: ASIA-PACIFIC COPPER BUSBAR MARKET, BY OTHER END-USERS, 2024-2032 (IN $ MILLION)

FIGURE 29: ASIA-PACIFIC COPPER BUSBAR MARKET, COUNTRY OUTLOOK, 2023 & 2032 (IN %)

FIGURE 30: CHINA COPPER BUSBAR MARKET, 2024-2032 (IN $ MILLION)

FIGURE 31: JAPAN COPPER BUSBAR MARKET, 2024-2032 (IN $ MILLION)

FIGURE 32: INDIA COPPER BUSBAR MARKET, 2024-2032 (IN $ MILLION)

FIGURE 33: SOUTH KOREA COPPER BUSBAR MARKET, 2024-2032 (IN $ MILLION)

FIGURE 34: INDONESIA COPPER BUSBAR MARKET, 2024-2032 (IN $ MILLION)

FIGURE 35: AUSTRALIA & NEW ZEALAND COPPER BUSBAR MARKET, 2024-2032 (IN $ MILLION)

FIGURE 36: REST OF ASIA-PACIFIC COPPER BUSBAR MARKET, 2024-2032 (IN $ MILLION)

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