Busbar Trunking Market Size and Share

Busbar Trunking Market (2025 - 2030)
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Busbar Trunking Market Analysis by Mordor Intelligence

The Busbar Trunking Market size is estimated at USD 9.94 billion in 2025, and is expected to reach USD 14.85 billion by 2030, at a CAGR of 8.36% during the forecast period (2025-2030).

Rapid progress in data-center construction, the modernization of industrial facilities, and widespread smart-building programs underpin this growth. Developers of hyperscale campuses now view busbars as a default option because the modular assemblies occupy less overhead space than bundled cables and shorten installation timelines. At the same time, industrial producers in sectors such as chemicals, metals, and advanced manufacturing rely on the technology to carry high-ampacity loads while maintaining power-quality parameters critical for automation. Demand also rises in utility and transportation projects that require compact, fire-tested products to handle harsh operating conditions. Finally, a wave of digitalization—IoT sensors, asset-health analytics, and power-quality monitoring—pushes suppliers to embed intelligence directly into the aluminum and copper bars, creating aftermarket service opportunities and new revenue streams.

Key Report Takeaways

  • By conductor material, copper led with 73% revenue share in 2024, while aluminum is projected to register the fastest 8.9% CAGR through 2030.
  • By insulation type, sandwich assemblies commanded 68% of the 2024 base and are growing at an 8.6% CAGR to the end of the decade.
  • By power rating, low-voltage configurations below 1 kV accounted for 35% of 2024 demand, whereas the high-voltage tier above 35 kV is expected to advance at a 9.4% CAGR.
  • By end-user, industrial facilities retaineda 42% share in 2024, yet the commercial segment is forecast to expand at a 9.9% CAGR through 2030.
  • By geography, Asia-Pacific captured 48% of global demand in 2024 and is set to record the quickest 8.8% CAGR through the forecast horizon.

Segment Analysis

By Conductor Material: Aluminum Gains Despite Copper Dominance

Copper captured 73% of the busbar trunking system market share 2024, reflecting legacy acceptance, high conductivity, and a well-established supplier base. Aluminum lines, however, are growing at an 8.9% CAGR as engineering teams place greater value on lower weight and reduced structural-support costs. Busbar trunking system market size contributions from aluminum are expected to double between 2024 and 2030 as global supply chains mature.[2]AP Precision Metals, “Aluminum Busbar Benefits,” apprecisionmetals.com

Weight savings translate into easier overhead handling, which lowers crane hire charges at construction sites and improves safety by reducing manual lifting. Thermal properties of advanced alloys meanwhile dissipate heat faster than comparable copper bars, which benefits solar-plant collector systems in hot climates. Hybrid Cuponal bars deliver copper-surface contact resistance with aluminum-core economics but require specialized roll-cladding equipment that only a few manufacturers possess. Continued R&D promises better compatibility between mixed-metal joints and standard terminations, supporting steady migration toward aluminum without fully displacing legacy copper inventories.

Busbar Trunking Market: Market Share by Conductor Material
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By Insulation Type: Compact Design Drives Sandwich Dominance

Sandwich-insulated assemblies accounted for 68% of 2024 revenue because their stacked conductor plates minimize overall cross-section and simplify routing through congested ceiling voids. Demand for space efficiency within data centers, hospitals, and modular office towers keeps this configuration ahead of air-insulated rivals. Busbar trunking system market size allocations to sandwich products will remain elevated through 2030 as premium real-estate values reward compact infrastructure.

Recent advances in halogen-free polymer casings achieve superior fire ratings that reduce insurance premiums for high-rise developers.[3]UK Government, “Fire Safety Approved Document B Updates,” gov.uk Digital temperature sensors integrated inside sandwich housing deliver early warning of loose joints, enabling condition-based maintenance. Air-insulated lines still find favor in low-rise industrial plants where easy visual inspection trumps density, yet their growth lags due to a larger footprint. Suppliers respond with hybrid products that combine ventilated covers and localized sandwich sections to optimize cost and fire safety, widening the menu of choices for consulting engineers.

By Power Rating: High-Voltage Segment Accelerates

Low-voltage bars below 1 kV represented 35% of 2024 shipments because they form the backbone of building services distribution. At the same time, the high-voltage tier above 35 kV will outpace all others at a 9.4% CAGR as renewable farms, battery-storage hubs, and mass-transit projects call for longer runs and reduced resistive losses. Therefore, the busbar trunking system market size for high-voltage products will rise more steeply than for lower ratings.

Siemens’ SENTRON ECPD solid-state protection device demonstrates how Arc energy can be curtailed 1,000 times faster than conventional breakers, enhancing safety margins at higher voltages. Medium-voltage assemblies between 1-35 kV remain the largest opportunity because industrial automation lines and multi-tenant logistics parks are upgrading feeders to accommodate electric heating, cranes, and conveyor systems. DC-based data-center layouts introduce additional voltage classes, driving suppliers to extend catalogues while maintaining cross-compatibility among joints and tap-off boxes.

Busbar Trunking Market: Market Share by Power Rating
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By End-User: Commercial Segment Outpaces Industrial Growth

Industrial plants retained 42% revenue contribution in 2024 due to entrenched busbar use in heavy machinery, refining, and assembly shops. Yet the commercial category—data centers, airports, shopping malls, and smart offices—is forecast to climb at a 9.9% CAGR, outstripping industrial growth as developers prioritize flexible power layouts. The shift will raise commercial stakeholders' busbar trunking system market share by 2030.

High-rise residential complexes form an adjacent opportunity because local fire codes are tightening. Projects such as Mumbai Metro Line 7 specify 25 kV AC traction feeds that leverage sandwich technology to control clearances within service tunnels.[4]MMRDA, “Mumbai Metro Line 7 Technical Specification,” mmrda.maharashtra.gov.in Combined commercial and industrial campuses adopt common busbar platforms to streamline spares and maintenance. Suppliers now bundle design services and digital twins to model load changes throughout building life cycles, ensuring commercial clients achieve targeted energy-efficiency ratings.

Geography Analysis

Asia-Pacific led the busbar trunking system market in 2024 with 48% of global revenue. Ambitious infrastructure corridors, factory expansions, and smart-city investments across China, India, and Southeast Asia continue to elevate regional demand. The region is also the fastest growing, posting an 8.8% CAGR to 2030 as national governments redirect stimulus toward grid resilience and EV charging rollouts. North America follows, buoyed by robust data-center pipelines in Virginia, Dallas, and Silicon Valley. Developers there demand custom busway skids that reduce deployment cycles from months to weeks.

Europe holds a mature installed base, yet policy pressures to integrate renewable energy and improve building fire performance sustain moderate expansion. Renovation of aging cable infrastructure adds scope for retrofit busbar packages in office and mixed-use refurbishments. The Middle East and Africa remain smaller in absolute numbers but present double-digit growth pockets in Gulf smart-city programs and mining megaprojects. Latin America lags because macroeconomic volatility restrains capital expenditure, though utility-scale solar parks in Chile and Brazil create selective opportunities for high-voltage collector busways. Overall, the busbar trunking system market size gains are geographically diversified, with Asia-Pacific adding the largest incremental volume.

Busbar Trunking Market CAGR (%), Growth Rate by Region
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Competitive Landscape

The competitive field is moderately consolidated. Global brands—ABB, Schneider Electric, Siemens, and Legrand—leverage broad product portfolios, in-house digital platforms, and turnkey service networks to lock in framework agreements with multinational contractors. Mid-tier manufacturers such as nVent, Power Bus Way, and Niedax emphasize niche expertise and value-engineering to win specifications in regional data-center or industrial niches.

Strategic acquisitions shape growth paths. Legrand’s EUR 70 million purchase of Power Bus Way in 2024 gave it immediate traction in North America’s rapidly scaling data-center build-out. ABB created a joint venture with Niedax Group to combine busways and cable trays for holistic routing packages across commercial campuses. Siemens is augmenting hardware with software by integrating SIMOCODE M-CP motor control data into its cloud analytics, differentiating on predictive maintenance.

Margin management is increasingly tied to materials innovation and localized manufacturing. Powell Industries launched PowlSmart IoT modules that retrofit on existing bars, providing higher-value service revenues. Start-ups offering aluminum-conductor licensing models nibble at budget segments, putting pressure on copper-dominated incumbents. Commodity price swings test cost pass-through agility; those with hedging programs and dual-sourcing strategies protect share, while smaller firms risk earnings compression. Despite these pressures, top suppliers collectively control well above half of global shipments, leaving room for regional specialists but deterring large-scale fragmentation.

Busbar Trunking Industry Leaders

  1. Schneider Electric SE

  2. Siemens AG

  3. ABB Ltd

  4. Eaton Corporation plc

  5. Legrand SA

  6. *Disclaimer: Major Players sorted in no particular order
Busbar Trunking Market Concentration
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Recent Industry Developments

  • January 2025: Hitachi Energy pledged an additional USD 250 million to expand global transformer capacity, supporting higher busbar demand in power-dense applications.
  • February 2025: Eaton invested USD 340 million in a South Carolina three-phase transformer plant to create 700 jobs and bolster downstream busbar installations.
  • December 2024: Siemens signed a multi-year supply agreement with Compass Datacenters for modular medium-voltage skids integrating busbars, switchgear, and transformers.
  • August 2024: Larsen & Toubro won major electrical packages for the Navi Mumbai Airport build, including high-capacity busbar trunking layouts.

Table of Contents for Busbar Trunking Industry Report

1. Introduction

  • 1.1 Study Assumptions & Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Demand for reliable, space-efficient distribution in data-centres & commercial real-estate
    • 4.2.2 Smart-grid & renewables roll-out needing modular busbar links
    • 4.2.3 Industrial capacity surge across APAC manufacturing hubs
    • 4.2.4 High-ampacity EV fast-charging networks adoption
    • 4.2.5 Prefab micro-grid kits for disaster-resilient power restoration
    • 4.2.6 Fire-retardant polymer casings lowering insurance premiums in high-rise projects
  • 4.3 Market Restraints
    • 4.3.1 Copper & aluminium price volatility
    • 4.3.2 Cable-based retrofits competing in aged facilities
    • 4.3.3 Thermal-runaway risks under harmonic-rich industrial loads
    • 4.3.4 Shortage of certified installers in emerging economies
  • 4.4 Supply-Chain Analysis
  • 4.5 Regulatory Landscape
  • 4.6 Technological Outlook (hybrid sandwich-air, Cuponal conductors, digital twins)
  • 4.7 Porter's Five Forces
    • 4.7.1 Bargaining Power of Suppliers
    • 4.7.2 Bargaining Power of Buyers
    • 4.7.3 Threat of New Entrants
    • 4.7.4 Threat of Substitutes
    • 4.7.5 Competitive Rivalry

5. Market Size & Growth Forecasts

  • 5.1 By Conductor Material
    • 5.1.1 Copper
    • 5.1.2 Aluminium
    • 5.1.3 Cuponal/Bi-metallic
  • 5.2 By Insulation Type
    • 5.2.1 Sandwich (Compact)
    • 5.2.2 Air-Insulated
  • 5.3 By Power Rating
    • 5.3.1 Lighting (Below 125 V)
    • 5.3.2 Low-Voltage (125 V to 1 kV)
    • 5.3.3 Medium-Voltage (1 to 35 kV)
    • 5.3.4 High-Voltage (Above 35 kV)
  • 5.4 By End-User
    • 5.4.1 Industrial (Process, Manufacturing, Mining, Oil & Gas)
    • 5.4.2 Commercial (Offices, Retail, Datacentres, Hospitals)
    • 5.4.3 Transportation (Airports, Rail & Metro, Marine)
    • 5.4.4 Residential and Mixed-Use High-Rise
  • 5.5 By Geography
    • 5.5.1 North America
    • 5.5.1.1 United States
    • 5.5.1.2 Canada
    • 5.5.1.3 Mexico
    • 5.5.2 Europe
    • 5.5.2.1 Germany
    • 5.5.2.2 United Kingdom
    • 5.5.2.3 France
    • 5.5.2.4 Italy
    • 5.5.2.5 Russia
    • 5.5.2.6 Rest of Europe
    • 5.5.3 Asia-Pacific
    • 5.5.3.1 China
    • 5.5.3.2 India
    • 5.5.3.3 Japan
    • 5.5.3.4 South Korea
    • 5.5.3.5 ASEAN Countries
    • 5.5.3.6 Rest of Asia-Pacific
    • 5.5.4 South America
    • 5.5.4.1 Brazil
    • 5.5.4.2 Argentina
    • 5.5.4.3 Rest of South America
    • 5.5.5 Middle East and Africa
    • 5.5.5.1 Saudi Arabia
    • 5.5.5.2 United Arab Emirates
    • 5.5.5.3 South Africa
    • 5.5.5.4 Egypt
    • 5.5.5.5 Rest of Middle East and Africa

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Strategic Moves (M&A, Partnerships, PPAs)
  • 6.3 Market Share Analysis (Market Rank/Share for key companies)
  • 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Products & Services, and Recent Developments)
    • 6.4.1 ABB Ltd
    • 6.4.2 Schneider Electric SE
    • 6.4.3 Siemens AG
    • 6.4.4 Eaton Corp plc
    • 6.4.5 General Electric Co.
    • 6.4.6 Legrand SA
    • 6.4.7 Larsen & Toubro Ltd
    • 6.4.8 C&S Electric Ltd
    • 6.4.9 Pogliano Busbar S.r.l
    • 6.4.10 Anord Mardix (Emerson)
    • 6.4.11 Megabarre Group
    • 6.4.12 NAXSO S.r.l
    • 6.4.13 Mersen SA
    • 6.4.14 Rittal GmbH
    • 6.4.15 Powell Industries Inc
    • 6.4.16 Godrej & Boyce Mfg Co
    • 6.4.17 DBTS Industries
    • 6.4.18 EAE Elektrik A.Ş
    • 6.4.19 Furukawa Electric Co.
    • 6.4.20 Huapeng Group China

7. Market Opportunities & Future Outlook

  • 7.1 White-space & Unmet-Need Assessment
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Global Busbar Trunking Market Report Scope

Busbar Trunking System distributes electric power using copper or aluminum busbars with suitable enclosures and a good amount of protection to prevent the cables from getting damaged due to foreign bodies. The busbar trunking market is segmented by Material, Power Rating, End-User, and Geography. By Material, the market is segmented into Aluminum and Copper. By Power Rating, the market is segmented into Lighting, Low Voltage, Medium Voltage, and High Voltage. By End-user, the market is segmented into Commercial, Industrial, Transportation, and Residential. By Geography, the market is segmented into North America, Europe, Asia-Pacific, South America, and Middle-East, and Africa. For each segment, the market sizing and forecasts have been done based on revenue (USD Billion).

By Conductor Material
Copper
Aluminium
Cuponal/Bi-metallic
By Insulation Type
Sandwich (Compact)
Air-Insulated
By Power Rating
Lighting (Below 125 V)
Low-Voltage (125 V to 1 kV)
Medium-Voltage (1 to 35 kV)
High-Voltage (Above 35 kV)
By End-User
Industrial (Process, Manufacturing, Mining, Oil & Gas)
Commercial (Offices, Retail, Datacentres, Hospitals)
Transportation (Airports, Rail & Metro, Marine)
Residential and Mixed-Use High-Rise
By Geography
North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Russia
Rest of Europe
Asia-Pacific China
India
Japan
South Korea
ASEAN Countries
Rest of Asia-Pacific
South America Brazil
Argentina
Rest of South America
Middle East and Africa Saudi Arabia
United Arab Emirates
South Africa
Egypt
Rest of Middle East and Africa
By Conductor Material Copper
Aluminium
Cuponal/Bi-metallic
By Insulation Type Sandwich (Compact)
Air-Insulated
By Power Rating Lighting (Below 125 V)
Low-Voltage (125 V to 1 kV)
Medium-Voltage (1 to 35 kV)
High-Voltage (Above 35 kV)
By End-User Industrial (Process, Manufacturing, Mining, Oil & Gas)
Commercial (Offices, Retail, Datacentres, Hospitals)
Transportation (Airports, Rail & Metro, Marine)
Residential and Mixed-Use High-Rise
By Geography North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Russia
Rest of Europe
Asia-Pacific China
India
Japan
South Korea
ASEAN Countries
Rest of Asia-Pacific
South America Brazil
Argentina
Rest of South America
Middle East and Africa Saudi Arabia
United Arab Emirates
South Africa
Egypt
Rest of Middle East and Africa
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Key Questions Answered in the Report

What is driving the rapid growth of the busbar trunking system market?

Data-center expansion, grid modernization linked to renewable energy, and industrial automation projects are the three largest drivers, supporting an 8.36% CAGR through 2030.

Which region accounts for the highest demand?

Asia-Pacific leads with 48% of 2024 revenue and remains the fastest growing at an 8.8% CAGR to 2030 due to large infrastructure and manufacturing investments.

How do sandwich-insulated busbars differ from air-insulated products?

Sandwich designs stack conductors tightly, saving ceiling space and achieving higher fire ratings, which explains their 68% revenue share in 2024.

Why is aluminum gaining share against copper?

Aluminum’s 60% weight advantage and lower cost translate into easier handling and reduced structural support, pushing its segment to an 8.9% CAGR.

What challenges could slow adoption?

Commodity price swings, a shortage of certified installers in emerging markets, and retrofit complexity in older facilities act as the main restraints.

How concentrated is the competitive landscape?

A handful of global players hold roughly 60% of shipments, resulting in a market concentration score of 6 on a 10-point scale.

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