Busway Market Scope and Analysis by 2031
Busway Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 8.45 Billion |
Market Size by 2031 | US$ 20.76 Billion |
Global CAGR (2023 - 2031) | 11.9 % |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Types
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Busway Market News and Recent Developments
The busway market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market:
- In June 2021, Power management company Eaton announced it had completed the acquisition of a 50 percent stake in Jiangsu YiNeng Electric’s busway business, which manufactures and markets busway products in China and had sales of US$60 million in 2020.
(Source: Eaton, Press Release, 2021)
Busway Market Report Coverage and Deliverables
The "Busway Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering below areas:
- Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Market dynamics such as drivers, restraints, and key opportunities
- Key future trends
- Detailed PEST/Porter's Five Forces and SWOT analysis
- Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
- Detailed company profiles