Global Industrial Motor Busbar Market 2018-2022

The global industrial motor busbar market size will offer an up-to-date assessment of the market in the context of new developments, recent trends, along with an analysis of present-day competitors. This report provides an analysis of the market by product (copper busbars and aluminum busbar) and end-user (oil and gas, food and beverage, metal and mining, power generation, and others). The report also provides a detailed analysis of the growth opportunities for the companies in this marketspace across various geographic regions such as the Americas, APAC, and EMEA.

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Overview of the global industrial motor busbar market

The motor control centers and motor controllers have been used for many arrangements of devices such as soft starters, contactors, circuit breakers, and drive systems and the increasing utilization of wires increases the space necessities and adds to the total weight of the motor control center. According to Technavio’s market research analysis, the rising preference for busbars over cables will be one of the major global industrial motor busbar market drivers during the forecast period. Factors such as the high ability of busbars in offering ease of retrofitting due to shift in loads and less space requirement have increased the preferences for busbars in motor control center applications. Also, the growing attention toward continuous power supply and high space utilization are raising the usage of motor busbars in motor control centers. Our market research analysts predict that this market will grow at a CAGR of close to 5% by 2022.

The rising adoption of intelligent motor control centers is one of the key industrial motor busbar market trends in the coming years. Intelligent motor control centers are improved systems offering a range of communication features that assist in implementing a solution to communicate, control, and protect motors. Motor busbars are fixed inside the intelligent motor control centers to offer power supply to the connected protective devices. The increasing usage of intelligent motor control centers in the oil and gas, wastewater, mining, and chemical industries due to the lower maintenance cost and downtime, and the need to ensure better safety of the operator will drive the demand for industrial motor busbars.

Companies covered

Characterized by the presence of several players, the industrial motor busbar market appears to be fragmented. This industry research report offers information about the competitive environment among the players in this electrical busbars market and offers an analysis of the companies and their products. Additionally, our report also offers information about the key areas the players are currently focusing on and the strategies they are following to sustain the competition.

This research report provides an analysis of the various companies in this market including –

• ABB       
• Eaton   
• General Electric
• Schneider Electric            
• Siemens              
• Legrand               

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Segmentation by product and analysis of the industrial motor busbar market

• Copper busbars
• Aluminum busbar

The copper busbars market segment accounted for the major shares of industrial motor busbar market during 2017. According to our industry research experts, this segment will continue to provide the maximum growth opportunities to the players in this market during the forecast period as well.

Geographical segmentation and analysis of the industrial motor busbar market

• Americas
• APAC
• EMEA

This market study estimates that in terms of geographic regions, EMEA will be the major revenue contributor to the industrial motor busbar market throughout the forecast period. The rising investments in food and beverages and renewable power generation plants in countries such as Germany, Italy, and the UK will be a major factor in driving the market’s growth in this region.

Key questions answered in the report include

• What will the market size and the growth rate be in 2022?
• What are the key factors driving the global industrial motor busbar market?
• What are the key market trends impacting the growth of the global industrial motor busbar market?
• What are the challenges to market growth?
• Who are the key vendors in the global industrial motor busbar market?
• What are the market opportunities and threats faced by the vendors in the global industrial motor busbar market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global industrial motor busbar market?

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