EUROPE COPPER BUSBAR MARKET FORECAST 2024-2032
SCOPE OF THE REPORT
Europe 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
REPORTS » BUILDING AND CONSTRUCTION » CONSTRUCTION MATERIAL » EUROPE COPPER BUSBAR MARKET FORECAST 2024-2032
MARKET OVERVIEW
The Europe copper busbar market is expected to record a CAGR of 6.94% during the forecast period, 2024-2032, and is predicted to garner a revenue of $xx million by 2032.
Copper is the standard for electrical conductivity set by the 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.
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.
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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 expensive. 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 up less 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 | 2024-2032 |
Base Year | 2023 |
Market Historical Years | 2018-2022 |
Forecast Units | Revenue ($ Million) |
Segments Analyzed | Application, End-User, Deployment, and 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, Luvata, Oriental Copper Ltd, Promet AG, Rittal, Schneider Electric SE, Siemens Aktiengesellschaft, Sofia Med SA, Wetown Electric Group |
RESEARCH SCOPE & METHODOLOGY
- STUDY OBJECTIVES
- METHODOLOGY
- ASSUMPTIONS & LIMITATIONS
EXECUTIVE SUMMARY
- MARKET SIZE & ESTIMATES
- MARKET OVERVIEW
- SCOPE OF STUDY
- CRISIS SCENARIO ANALYSIS
- MAJOR MARKET FINDINGS
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
- COMPETITION AGAINST ALTERNATIVE COST-EFFECTIVE MATERIALS LIKE ALUMINUM BUSBARS
- KEY DRIVERS
KEY ANALYTICS
- KEY MARKET TRENDS
- GROWING DEMAND IN ELECTRONICS MANUFACTURING
- INTEGRATION WITH SMART GRID TECHNOLOGIES
- RISING ELECTRIFICATION OF TRANSPORTATION SERVICES
- PORTER’S FIVE FORCES ANALYSIS
- BUYERS POWER
- SUPPLIERS POWER
- SUBSTITUTION
- NEW ENTRANTS
- INDUSTRY RIVALRY
- GROWTH PROSPECT MAPPING
- MARKET CONCENTRATION ANALYSIS
- VALUE CHAIN ANALYSIS
- MINING AND REFINING
- MANUFACTURING
- DISTRIBUTION AND SALES
- END-USE AND APPLICATION
- KEY BUYING CRITERIA
- COST EFFECTIVENESS
- APPLICATION
- EFFICIENCY
- RELIABILITY
- KEY MARKET TRENDS
MARKET BY MATERIAL TYPE
- ETP (ELECTROLYTIC TOUGH PITCH COPPER BUSBAR)
- MARKET FORECAST FIGURE
- SEGMENT ANALYSIS
- OXYGEN-FREE COPPER (OF) BUSBARS
- MARKET FORECAST FIGURE
- SEGMENT ANALYSIS
- OTHER MATERIAL TYPES
- MARKET FORECAST FIGURE
- SEGMENT ANALYSIS
- ETP (ELECTROLYTIC TOUGH PITCH COPPER BUSBAR)
MARKET BY DEPLOYMENT
- INDUSTRIAL
- MARKET FORECAST FIGURE
- SEGMENT ANALYSIS
- COMMERCIAL
- MARKET FORECAST FIGURE
- SEGMENT ANALYSIS
- RESIDENTIAL
- MARKET FORECAST FIGURE
- SEGMENT ANALYSIS
- INDUSTRIAL
MARKET BY APPLICATION
- POWER DISTRIBUTION PANELS
- MARKET FORECAST FIGURE
- SEGMENT ANALYSIS
- SWITCHBOARDS
- MARKET FORECAST FIGURE
- SEGMENT ANALYSIS
- TRANSFORMERS
- MARKET FORECAST FIGURE
- SEGMENT ANALYSIS
- BUS DUCTS
- MARKET FORECAST FIGURE
- SEGMENT ANALYSIS
- HEAT SINKS
- MARKET FORECAST FIGURE
- SEGMENT ANALYSIS
- MOTORS & GENERATORS
- MARKET FORECAST FIGURE
- SEGMENT ANALYSIS
- OTHER APPLICATIONS
- MARKET FORECAST FIGURE
- SEGMENT ANALYSIS
- POWER DISTRIBUTION PANELS
MARKET BY END-USER
- ELECTRICAL UTILITIES
- MARKET FORECAST FIGURE
- SEGMENT ANALYSIS
- TELECOMMUNICATION
- MARKET FORECAST FIGURE
- SEGMENT ANALYSIS
- DATA CENTRES
- MARKET FORECAST FIGURE
- SEGMENT ANALYSIS
- AUTOMOTIVE & TRANSPORTATION
- MARKET FORECAST FIGURE
- SEGMENT ANALYSIS
- OTHER END-USERS
- MARKET FORECAST FIGURE
- SEGMENT ANALYSIS
- ELECTRICAL UTILITIES
GEOGRAPHICAL ANALYSIS
- EUROPE
- MARKET SIZE & ESTIMATES
- EUROPE COPPER BUSBAR MARKET DRIVERS
- EUROPE COPPER BUSBAR MARKET CHALLENGES
- KEY PLAYERS IN EUROPE COPPER BUSBAR MARKET
- COUNTRY ANALYSIS
- UNITED KINGDOM
- UNITED KINGDOM COPPER BUSBAR MARKET SIZE & OPPORTUNITIES
- GERMANY
- GERMANY COPPER BUSBAR MARKET SIZE & OPPORTUNITIES
- FRANCE
- FRANCE COPPER BUSBAR MARKET SIZE & OPPORTUNITIES
- ITALY
- ITALY COPPER BUSBAR MARKET SIZE & OPPORTUNITIES
- SPAIN
- SPAIN COPPER BUSBAR MARKET SIZE & OPPORTUNITIES
- REST OF EUROPE
- REST OF EUROPE COPPER BUSBAR MARKET SIZE & OPPORTUNITIES
- UNITED KINGDOM
- EUROPE
COMPETITIVE LANDSCAPE
- KEY STRATEGIC DEVELOPMENTS
- MERGERS & ACQUISITIONS
- PARTNERSHIPS & AGREEMENTS
- BUSINESS EXPANSIONS & DIVESTITURES
- COMPANY PROFILES
- ABB LTD
- COMPANY OVERVIEW
- PRODUCTS LIST
- STRENGTHS & CHALLENGES
- EATON CORPORATION PLC
- COMPANY OVERVIEW
- PRODUCTS LIST
- STRENGTHS & CHALLENGES
- ELVALHALCOR HELLENIC COPPER AND ALUMINUM INDUSTRY SA
- COMPANY OVERVIEW
- PRODUCTS LIST
- STRENGTHS & CHALLENGES
- ETABLISSEMENTS GINDRE DUCHAVANY SA
- COMPANY OVERVIEW
- PRODUCTS LIST
- STRENGTHS & CHALLENGES
- LUVATA
- COMPANY OVERVIEW
- PRODUCTS LIST
- STRENGTHS & CHALLENGES
- PROMET AG
- COMPANY OVERVIEW
- PRODUCTS LIST
- STRENGTHS & CHALLENGES
- RITTAL
- COMPANY OVERVIEW
- PRODUCTS LIST
- STRENGTHS & CHALLENGES
- SCHNEIDER ELECTRIC SE
- COMPANY OVERVIEW
- PRODUCTS LIST
- STRENGTHS & CHALLENGES
- SIEMENS AKTIENGESELLSCHAFT
- COMPANY OVERVIEW
- PRODUCTS LIST
- STRENGTHS & CHALLENGES
- ABB LTD
- KEY STRATEGIC DEVELOPMENTS
LIST OF TABLES
TABLE 1: MARKET SNAPSHOT – COPPER BUSBAR
TABLE 2: EUROPE COPPER BUSBAR MARKET, BY MATERIAL TYPE, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 3: EUROPE COPPER BUSBAR MARKET, BY MATERIAL TYPE, FORECAST YEARS, 2024-2032 (IN $ MILLION)
TABLE 4: EUROPE COPPER BUSBAR MARKET, BY DEPLOYMENT, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 5: EUROPE COPPER BUSBAR MARKET, BY DEPLOYMENT, FORECAST YEARS, 2024-2032 (IN $ MILLION)
TABLE 6: EUROPE COPPER BUSBAR MARKET, BY APPLICATION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 7: EUROPE COPPER BUSBAR MARKET, BY APPLICATION, FORECAST YEARS, 2024-2032 (IN $ MILLION)
TABLE 8: EUROPE COPPER BUSBAR MARKET, BY END-USER, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 9: EUROPE COPPER BUSBAR MARKET, BY END-USER, FORECAST YEARS, 2024-2032 (IN $ MILLION)
TABLE 10: EUROPE COPPER BUSBAR MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 11: EUROPE COPPER BUSBAR MARKET, BY COUNTRY, FORECAST YEARS, 2024-2032 (IN $ MILLION)
TABLE 12: KEY 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: GROWTH PROSPECT MAPPING FOR EUROPE
FIGURE 4: MARKET CONCENTRATION ANALYSIS
FIGURE 5: VALUE CHAIN ANALYSIS
FIGURE 6: KEY BUYING CRITERIA
FIGURE 7: EUROPE COPPER BUSBAR MARKET, GROWTH POTENTIAL, BY MATERIAL TYPE, IN 2023
FIGURE 8: EUROPE COPPER BUSBAR MARKET, BY ETP (ELECTROLYTIC TOUGH PITCH COPPER BUSBAR), 2024-2032 (IN $ MILLION)
FIGURE 9: EUROPE COPPER BUSBAR MARKET, BY OXYGEN-FREE COPPER (OF) BUSBARS, 2024-2032 (IN $ MILLION)
FIGURE 10: EUROPE COPPER BUSBAR MARKET, BY OTHER MATERIAL TYPES, 2024-2032 (IN $ MILLION)
FIGURE 11: EUROPE COPPER BUSBAR MARKET, GROWTH POTENTIAL, BY DEPLOYMENT, IN 2023
FIGURE 12: EUROPE COPPER BUSBAR MARKET, BY INDUSTRIAL, 2024-2032 (IN $ MILLION)
FIGURE 13: EUROPE COPPER BUSBAR MARKET, BY COMMERCIAL, 2024-2032 (IN $ MILLION)
FIGURE 14: EUROPE COPPER BUSBAR MARKET, BY RESIDENTIAL, 2024-2032 (IN $ MILLION)
FIGURE 15: EUROPE COPPER BUSBAR MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2023
FIGURE 16: EUROPE COPPER BUSBAR MARKET, BY POWER DISTRIBUTION PANELS, 2024-2032 (IN $ MILLION)
FIGURE 17: EUROPE COPPER BUSBAR MARKET, BY SWITCHBOARDS, 2024-2032 (IN $ MILLION)
FIGURE 18: EUROPE COPPER BUSBAR MARKET, BY TRANSFORMERS, 2024-2032 (IN $ MILLION)
FIGURE 19: EUROPE COPPER BUSBAR MARKET, BY BUS DUCTS, 2024-2032 (IN $ MILLION)
FIGURE 20: EUROPE COPPER BUSBAR MARKET, BY HEAT SINKS, 2024-2032 (IN $ MILLION)
FIGURE 21: EUROPE COPPER BUSBAR MARKET, BY MOTORS & GENERATORS, 2024-2032 (IN $ MILLION)
FIGURE 22: EUROPE COPPER BUSBAR MARKET, BY OTHER APPLICATIONS, 2024-2032 (IN $ MILLION)
FIGURE 23: EUROPE COPPER BUSBAR MARKET, GROWTH POTENTIAL, BY END-USER, IN 2023
FIGURE 24: EUROPE COPPER BUSBAR MARKET, BY ELECTRICAL UTILITIES, 2024-2032 (IN $ MILLION)
FIGURE 25: EUROPE COPPER BUSBAR MARKET, BY TELECOMMUNICATION, 2024-2032 (IN $ MILLION)
FIGURE 26: EUROPE COPPER BUSBAR MARKET, BY DATA CENTRES, 2024-2032 (IN $ MILLION)
FIGURE 27: EUROPE COPPER BUSBAR MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2024-2032 (IN $ MILLION)
FIGURE 28: EUROPE COPPER BUSBAR MARKET, BY OTHER END-USERS, 2024-2032 (IN $ MILLION)
FIGURE 29: EUROPE COPPER BUSBAR MARKET, COUNTRY OUTLOOK, 2023 & 2032 (IN %)
FIGURE 30: UNITED KINGDOM COPPER BUSBAR MARKET, 2024-2032 (IN $ MILLION)
FIGURE 31: GERMANY COPPER BUSBAR MARKET, 2024-2032 (IN $ MILLION)
FIGURE 32: FRANCE COPPER BUSBAR MARKET, 2024-2032 (IN $ MILLION)
FIGURE 33: ITALY COPPER BUSBAR MARKET, 2024-2032 (IN $ MILLION)
FIGURE 34: SPAIN COPPER BUSBAR MARKET, 2024-2032 (IN $ MILLION)
FIGURE 35: REST OF EUROPE COPPER BUSBAR MARKET, 2024-2032 (IN $ MILLION)
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