A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Copper
Busbar and Profiles
Market. The
study, titled “Copper
Busbar and Profiles Market - Global Industry Analysis, Size, Share,
Growth, Trends, and Forecast 2017 - 2025”,
is available for sale on the firm’s website.
Copper
busbars and profiles are widely employed in high current control
equipment and low voltage distribution systems. The application of
copper busbars and profiles include bus-way systems, switchboards,
low and medium voltage switchgear, and panel boards among others. A
busbar, which is in the form of a metallic strip, is typically
utilized in electric power distribution systems. Generally
un-insulated, these busbars are housed inside switch gear panels,
busway enclosures, and panel boards. Busbars connect low voltage
equipment in battery banks and high voltage equipment in electrical
switchyards. They allow for sufficient cooling of the conductors
since they are un-insulated. The maximum amount of current that can
be carried by a busbar depends on its cross-sectional size and
material composition. Busbars generally have a cross-sectional area
of about 10 square millimeters.
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Busbars
are produced in a variety of shapes and sizes, such as solid bars,
flat strips, or in the form of hollow tubes. Some of these shapes
with high surface and cross-sectional area allow more heat to
dissipate. Similarly, a hollow and flat-shaped busbar are prevalent
in higher current applications since a hollow or a flat busbar has
higher stiffness, and this allows for an enhanced capacity of
carrying electricity. In contrast to this, profiles are costly and
more difficult to manufacture than busbars due to some technical
constraints such as complexity in design, delicate production
process, complicated packaging, and the need of a much elaborate
machine set-up. Copper busbar and profiles contain better resistance
against corrosion and is a better conductor of electricity compared
to other metals such as aluminum.
Copper
busbar and profiles have several advantages associated with them
which make their usage beneficial in the power generation system
industry. Copper busbar and profiles reduces the weight of an
existing conductor and reduces the cost and improves the reliability
of the system. Moreover, its improved capacitance, lower inductance,
enhanced thermal characteristics, and variety of interconnection
methods make it ideally suitable for usage in electrical power
generation systems. Furthermore, conductivity properties of copper
and expansion in the power generation and electrical equipment sector
is estimated to further drive the expansion of the market.
Requirement for electricity has increased due to increase in
population and industrial activities. This has led to the setup of
more power generation plants and transmission and distribution
projects across the globe. Copper busbar and profiles are extensively
utilized in power generation plants and electrical equipment
industries for connecting generators to transformers and switchgears.
Consequently, expansion in these industries is projected to lead to
an increase in demand for copper busbar and profiles.
Complexity
in design of copper busbar and profiles and delicate production
process are some disadvantages associated with this product, which is
likely to create mild hindrances in the expansion of this market.
The
global copper busbar and profiles market can be segmented into
application and geography. In terms of application, the market can be
further segmented into power distribution solutions for the
information technology sector, telecommunications sector, healthcare
sector, automotive sector, transportation sector, and others.
In
terms of geography, the market can be segmented into North America,
Europe, Asia Pacific, Middle East & Africa, and Latin America.
Asia Pacific is estimated to lead this market due to large
electricity and power generation industries. The region has witnessed
a surge in energy and electricity consumption due to increase in
urbanization and industrialization. Furthermore, environmental
concerns have led to the adoption of renewable sources of energy,
which again, are anticipated to lead to the expansion of the
electricity and power generation industry. Latin America and Middle
East & Africa are also projected to show commendable performance
due to an improvement in their economic scenario.
Leading
players operating in this market include Gindre (France), Sofia Med
(Bulgaria), Aurubis (Germany), Luvata (Finland), Oriental Copper
(Thailand), Maksal (South Africa), Copalcor (South Africa),
Elektrosan (Istanbul), and Carlo Colombo (Italy).
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to view Sample Report:
The
report offers a comprehensive evaluation of the market. It does so
via in-depth qualitative insights, historical data, and verifiable
projections about market size. The projections featured in the report
have been derived using proven research methodologies and
assumptions. By doing so, the research report serves as a repository
of analysis and information for every facet of the market, including
but not limited to: Regional markets, technology, types, and
applications.
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