Busbar Market Size to Grow $27.71 billion by 2035

According to a research report “Busbar Market by Material (Copper, Aluminum), Insulation (Laminated, Powder-coated, Bare), Manufacturing Process (Molded, Stamped, Flexible, Hybrid), End-use Application (Utilities, Industrial, Data Centers, and Others), and Region – Global Forecast to 2035″, the busbar market is projected to reach USD 27.71 billion by 2035 from USD 15.72 billion in...

Busbar Market Set to Hit $19.7 Billion by 2029: Key Trends and Growth Drivers

The global busbar market is poised for significant growth, with projections indicating an increase from $15.10 billion in 2024 to $19.70 billion by 2029, reflecting a Compound Annual Growth Rate (CAGR) of 5.5%. This surge is primarily driven by the escalating demand for efficient power distribution systems across various industries, including utilities, automotive, and industrial sectors, spurred...