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UNITED STATES COPPER BUSBAR MARKET FORECAST 2022-2028

The United States copper busbar market is projected to record a CAGR of 8.75% during the forecast period, 2022-2028, and is expected to garner a revenue of $2431.68 million by 2028.

UNITED STATES COPPER BUSBAR MARKET FORECAST 2022-2028

United States 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)

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The United States copper busbar market is projected to record a CAGR of 8.75% during the forecast period, 2022-2028, and is expected to garner a revenue of $2431.68 million by 2028.

The copper busbar market growth in the United States is accredited to the initiatives taken to replace conventional power supply systems with energy-efficient technologies to minimize transmission losses. This is because conductor structural integrity technology breakthroughs must be made continuously for installations to be more straightforward and quicker, increase efficiency, and preserve the electrical flow.

United States Copper Busbar Market

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In the United States, copper busbars are widely used in railways, metros, universities, laboratories, hospitals, retail facilities, data centers, and factories. Also, there is increasing adoption of renewable energy sources for generating power, given the growing environmental concerns. In addition, power consumption is on the rise due to the rising requirements in different enterprises and industries. Besides, the growing storage facilities and warehouses in the US are escalating the demand for busbars with low power ratings. Moreover, the government is planning to upgrade the existing transmission and distribution (T&D) infrastructure.

Furthermore, the growing awareness regarding the cost-effectiveness and energy efficiency of busbars is another major growth driver. Busbars minimize manufacturing and internal material handling costs by restricting assembly time. Also, automobile manufacturing companies are inclined to the usage of busbars over cables. In addition, busbars ease retrofitting due to the shifting loads and less space requirement, which has surged their preference in motor control center applications.

The United States copper busbar market scope includes material type, deployment, end-user, and application. The application segment includes heat sink, power distribution panel, bus duct, motors & generators, switchboard, transformer, and other applications.

Power distribution systems using copper busbars offer efficient placements and simplify the bill of materials for the control panels. Also, the designers can reduce the total dimensions of the control panel with the removal of the connection wires and power distribution block.

Further, industries are moving toward more electrification in mobility, transportation, and renewable energy. Therefore, busing the power into and out of the power inversion circuit becomes a key element that must be included in the overall system design for enhancing efficiency. Also, copper busbar technology entails a multi-layer composite structure connected with a platoon that can be considered similar to a power distribution system.

In addition, the use of the laminated copper busbar approach offers well-structured, quick-to-install, easy-to-design, and modern power distribution systems compared to the traditional cumbersome and time-consuming wiring methods. Moreover, it is characterized by repeatable electrical performance, space-saving, good reliability, anti-interference, simple & quick assembly, and low impedance.

With regard to switchboards, the key purpose of busbars is to conduct electrical current and are placed inside switchgear. Also, with control panels, it can be inconvenient to route line voltage and low voltage conductors in conformance with the National Electric Code. As a result, custom switchgear copper busbar systems can help meet line voltage switching and overcurrent protection requirements in control panels, thereby offering a reliable and clean installation.

Some of the leading companies in the United States copper busbar market include Luvata, Eaton Corporation Plc, Promet AG, Oriental Copper Ltd, etc.

Eaton Corporation Plc offers power management solutions. It sells, markets, manufactures, and designs electrical and electronic components, lighting products, industrial components, power products, etc. The company provides its products to industrial, residential, material handling, mining, forestry, molding, and renewable energy sectors, among others. It has a business presence across Latin America, Asia-Pacific, Europe, and North America, with headquarters in Dublin, Ireland.

The company offers copper ranging from 800 to 6,300 A.

Report Synopsis

Report Scope Details
Market Forecast Years 2022-2028
Base Year 2021
Market Historical Years 2018-2021
Forecast Units Revenue ($ Million)
Segments Analyzed Application, End-User, Deployment, Material Type
Country Analyzed United States
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
      • COUNTRY SNAPSHOT
      • COUNTRY ANALYSIS
      • KEY DRIVERS
      • KEY RESTRAINTS
    3. 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. 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: UNITED STATES COPPER BUSBAR MARKET, BY MATERIAL TYPE, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

    TABLE 3: UNITED STATES COPPER BUSBAR MARKET, BY MATERIAL TYPE, FORECAST YEARS, 2022-2028 (IN $ MILLION)

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

    TABLE 5: UNITED STATES COPPER BUSBAR MARKET, BY DEPLOYMENT, FORECAST YEARS, 2022-2028 (IN $ MILLION)

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

    TABLE 7: UNITED STATES COPPER BUSBAR MARKET, BY END-USER, FORECAST YEARS, 2022-2028 (IN $ MILLION)

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

    TABLE 9: UNITED STATES COPPER BUSBAR MARKET, BY APPLICATION, FORECAST YEARS, 2022-2028 (IN $ MILLION)

    TABLE 10: LIST OF MERGERS & ACQUISITIONS

    TABLE 11: LIST OF PARTNERSHIPS & AGREEMENTS

    TABLE 12: 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: UNITED STATES COPPER BUSBAR MARKET, GROWTH POTENTIAL, BY MATERIAL TYPE, IN 2021

    FIGURE 8: UNITED STATES COPPER BUSBAR MARKET, BY ETP (ELECTROLYTIC TOUGH PITCH COPPER BUSBAR), 2022-2028 (IN $ MILLION)

    FIGURE 9: UNITED STATES COPPER BUSBAR MARKET, BY OXYGEN-FREE COPPER (OF), 2022-2028 (IN $ MILLION)

    FIGURE 10: UNITED STATES COPPER BUSBAR MARKET, BY OTHER MATERIAL TYPE, 2022-2028 (IN $ MILLION)

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

    FIGURE 12: UNITED STATES COPPER BUSBAR MARKET, BY INDUSTRIAL, 2022-2028 (IN $ MILLION)

    FIGURE 13: UNITED STATES COPPER BUSBAR MARKET, BY COMMERCIAL, 2022-2028 (IN $ MILLION)

    FIGURE 14: UNITED STATES COPPER BUSBAR MARKET, BY RESIDENTIAL, 2022-2028 (IN $ MILLION)

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

    FIGURE 16: UNITED STATES COPPER BUSBAR MARKET, BY ELECTRICAL UTILITIES, 2022-2028 (IN $ MILLION)

    FIGURE 17: UNITED STATES COPPER BUSBAR MARKET, BY TELECOMMUNICATION, 2022-2028 (IN $ MILLION)

    FIGURE 18: UNITED STATES COPPER BUSBAR MARKET, BY DATA CENTRES, 2022-2028 (IN $ MILLION)

    FIGURE 19: UNITED STATES COPPER BUSBAR MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2028 (IN $ MILLION)

    FIGURE 20: UNITED STATES COPPER BUSBAR MARKET, BY OTHER END-USERS, 2022-2028 (IN $ MILLION)

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

    FIGURE 22: UNITED STATES COPPER BUSBAR MARKET, BY POWER DISTRIBUTION PANEL, 2022-2028 (IN $ MILLION)

    FIGURE 23: UNITED STATES COPPER BUSBAR MARKET, BY SWITCHBOARD, 2022-2028 (IN $ MILLION)

    FIGURE 24: UNITED STATES COPPER BUSBAR MARKET, BY TRANSFORMER, 2022-2028 (IN $ MILLION)

    FIGURE 25: UNITED STATES COPPER BUSBAR MARKET, BY BUS DUCT, 2022-2028 (IN $ MILLION)

    FIGURE 26: UNITED STATES COPPER BUSBAR MARKET, BY HEAT SINK, 2022-2028 (IN $ MILLION)

    FIGURE 27: UNITED STATES COPPER BUSBAR MARKET, BY MOTORS AND GENERATORS, 2022-2028 (IN $ MILLION)

    FIGURE 28: UNITED STATES COPPER BUSBAR MARKET, BY OTHER APPLICATIONS, 2022-2028 (IN $ MILLION)       

    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

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


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