Enjoy complimentary customisation on priority with our Enterprise License!
The infographic below contains key findings from our analysis of the industrial motor busbar market
Want a bigger picture? Try a FREE sample of this report now!
See the complete table of contents and list of exhibits, as well as selected illustrations and example pages from this report.
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.
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 –
Get more value with Technavio’s INSIGHTS subscription platform! Gain easy access to all of Technavio’s reports, along with on-demand services. Try the demo
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.
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.
Want to dial in on a specific region or segment? We can help! Our analysts can customize this market research report to meet your requirements. Get in touch
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
PART 05: MARKET SIZING
PART 06: FIVE FORCES ANALYSIS
PART 07: MARKET SEGMENTATION BY PRODUCT
PART 08: CUSTOMER LANDSCAPE
PART 09: MARKET SEGMENTATION BY END-USER
PART 10: REGIONAL LANDSCAPE
PART 11: DECISION FRAMEWORK
PART 12: DRIVERS AND CHALLENGES
PART 13: MARKET TRENDS
PART 14: VENDOR LANDSCAPE
PART 15: VENDOR ANALYSIS
PART 16: APPENDIX
Get lifetime access to our
Technavio Insights
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.