The growth of the busbar trunking system market is majorly driven by stringent government rules and regulations in energy consumption. Globally there is an increased demand for electricity and growing commitment to reduce greenhouse gas emissions. The busbar trunking system process is convenient, safe, flexible, cost saving when compared to traditional counterparts. The market is further driven by recent advancement in technology and growing work ... Read more
The busbar trunking system market is expected to grow at a CAGR of 6.88%, from 2017 to 2022, to reach a market size of USD 8.85 billion by 2022. Increased adoption of energy efficiency practices, various operational and technical advantages to the potential end-users, and growing demand for power are the major drivers of the busbar trunking system market.
The busbar trunking system market is dominated by a few major players that have a wide regional presence and are ... Read more
