According to the research report titled ‘Asia Pacific Busbar Trunking System Market Size By Insulation, Rating, Conductor, Application, Industry Analysis Report, Country Outlook, Application Potential, Competitive Market Share & Forecast, 2019a?? 2025‘, available with Market Study Report, Asia Pacific busbar trunking system market is anticipated to register notable growth during 2019-2025.
 

Strict government rules focusing on energy conservation & efficiency, renovation of existing electrical infrastructure along with modernization of small-scale industries are the major factors impelling Asia Pacific busbar trunking system market growth. Further, increasing population and rise in disposable income are contributing to the market remuneration. However, global economic slowdown due to COVID-19 and delays in ongoing operations & manufacturing activities are estimated to hamper the industry growth in the coming years.
 

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Based on insulation type, sandwich insulated busbar trunking system segment is predicted to grow modestly over the forecast period, owing to low cost, smaller space footprint, and easy installation of the product. Focus towards refurbishment of prevailing cable system in tandem with widespread adoption for high voltage applications will stimulate the segmental share.
 

Speaking of rating, lighting segment is poised to gain substantial traction on account of increasing demand of uninterrupted and reliable power supply, construction of smart grid, and surging applicability across false ceiling & raised floors.
 

As per conductor type, aluminum segment of APAC busbar trunking system industry is expected to witness considerable growth through 2025, due to its ability to carry elevated loads across long distances and transmit high currents with fewer losses. Benefits such as longer lifecycle, lightweight, and high mechanical strength, alongside major investments by emerging countries towards expansion of manufacturing sector are likely to boost the deployment of aluminum as conductor.
 

Elaborating on the application spectrum, Asia Pacific busbar trunking system market size from commercial application is reckoned to soar high during 2019-2025, due to growing demand for power across the emerging economies. The system is adopted across airports, complexes, and production & storage spaces. In addition, investments from public and private players along with foreign funding toward reliable power generation are fueling the market growth.
 

Geographically, India busbar trunking system industry is anticipated to showcase robust growth trends through 2025. Rising real estate industry, increasing urbanization, surge in power consumption along with inclination towards safe & reliable power distribution are estimated to sway the business dynamics in India.  
 

Key players operating in Asia Pacific busbar trunking system market are ABB Group, Siemens, Legrand, Schneider Electric, Eaton, Godrej & Boyce, General Electric, C&S Electric, Megabarre, Larsen & Toubro, Naxso, ARJ Group, and MK Electric.