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EUROPE COPPER BUSBAR MARKET FORECAST 2022-2030

The Europe copper busbar market is expected to record a CAGR of 7.72% during the forecast period, 2022-2030, and is predicted to garner a revenue of $1969.09 million by 2030.

EUROPE COPPER BUSBAR MARKET FORECAST 2022-2030

Europe 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 Europe copper busbar market is expected to record a CAGR of 7.72% during the forecast period, 2022-2030, and is predicted to garner a revenue of $1969.09 million by 2030.

Copper is the standard for electrical conductivity set by International Annealed Copper Standard (IACS), giving tensile strength almost twice as much as aluminum. Also, copper is more conducive to heat than aluminum, enabling better performance on short circuits. This has benefited the Europe copper busbar market.

Europe Copper Busbar Market

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The Europe copper busbar market growth assessment includes the analysis of Italy, Spain, the United Kingdom, France, Germany, and Rest of Europe. In the United Kingdom, the market growth is driven by the rising trend of hybrid electric vehicles. For instance, Ford Motor Company Ltd launched 14 new electric and hybrid vehicles in the UK by the end of 2020. Also, the UK government has been committed to delivering a smart meter to every household and business in Great Britain. As of September 2018, there were approximately 12.8 million advanced and smart meters operating across homes and businesses in Great Britain by large and small energy suppliers.

Further, the nation is focusing on researching and creating scalable tools for high-performance computing platforms that support interoperable and massively scaled close to real-time data processing and data mining techniques. In addition, the UK is also conducting smart grid research on computational analysis and real-time simulation approaches based on the performance at high computational speed using innovative infrastructure and scalable tools like cloud computing platforms. As a result, the UK copper busbar market growth prospects are supported by increased emphasis on the development of innovative communication solutions.

In Germany, the Development of Digital Technologies, SINTEG, and 7th Energy Research Program are among the many national initiatives in the renewable energy and smart grid domains. These programs strongly emphasize the presentation, creation, and investigation of novel energy technologies. Moreover, they cover intersystem research areas, including social challenges of the energy transition, CO2 approaches, materials research, energy system analysis, and resource efficiency. Such aspects contribute to the German copper busbar market growth.

The Europe copper busbar market scope includes material type, deployment, end-user, and application. The deployment segment includes industrial, commercial, and residential.

A copper busbar carries electricity between units similar to cables in houses. Also, busbars are designed to make the electrical connection safer, easier, and less expansive. In addition, they can be used for complicated electrical systems that carry high voltage energy, given their better resistance and heat absorption features. Besides, busbar systems are cost-effective due to low installation costs.

Furthermore, copper busbars have flexible construction and are safer than cables since they are equipped with a steel casing. Moreover, they take lesser space compared to the voltage they carry. Also, they are used in high-tech products, and with their expanding usage, busbar systems are evaluated to be the future of electrical systems.

Some of the eminent companies in the Europe copper busbar market are Luvata, Oriental Copper Ltd, Promet AG, Schneider Electric SE, etc.

Schneider Electric SE provides energy and digital automation solutions. The company is engaged in electrical equipment manufacturing, building control, safety & automation, secured power supply, electrical distribution, etc. The company has operations across Asia-Pacific, North America, and Europe, with headquarters in Rueil-Malmaison, Ile-de-France, France.

One of its key products, Linergy BS, are traditional copper busbars that can undergo lateral, vertical, horizontal, rear, or multi-staged installations.

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 Italy, Spain, the United Kingdom, France, Germany, and Rest of Europe
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
      • EUROPE
        • MARKET SIZE & ESTIMATES
        • KEY GROWTH ENABLERS
        • KEY CHALLENGES
        • KEY PLAYERS
        • COUNTRY ANALYSIS
          • GERMANY
          • FRANCE
          • UNITED KINGDOM
          • SPAIN
          • ITALY
          • REST OF EUROPE
    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: EUROPE COPPER BUSBAR MARKET, BY MATERIAL TYPE, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

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

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

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

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

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

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

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

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

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

    TABLE 12: LEADING PLAYERS OPERATING IN EUROPE 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: EUROPE COPPER BUSBAR MARKET, GROWTH POTENTIAL, BY MATERIAL TYPE, IN 2021

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

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

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

    FIGURE 11: EUROPE COPPER BUSBAR MARKET, GROWTH POTENTIAL, BY DEPLOYMENT, IN 2021

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

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

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

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

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

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

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

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

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

    FIGURE 21: EUROPE COPPER BUSBAR MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2021

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

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

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

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

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

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

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

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

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

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

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

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

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

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

    1. GEOGRAPHICAL ANALYSIS
      • EUROPE
        • MARKET SIZE & ESTIMATES
        • KEY GROWTH ENABLERS
        • KEY CHALLENGES
        • KEY PLAYERS
        • COUNTRY ANALYSIS
          • GERMANY
          • FRANCE
          • UNITED KINGDOM
          • SPAIN
          • ITALY
          • REST OF EUROPE
    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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