Busbar Market Scope, Research, Growth Prediction and Forecast Report Till 2021
The report "Busbar Market by Conductor (Copper, Aluminum), Power Rating (Low, Medium, High Power), End-User (Utilities, Commercial, Industrial, Residential, Industrial (Chemicals & Petroleum, Metals & Mining, Manufacturing)), and Region - Global Trends & Forecast to 2021", The busbar market is expected to grow from an estimated USD 12.68 Billion in 2016 to USD 16.55 Billion by 2021, registering a CAGR of 5.48% from 2016 to 2021. The global market is witnessing significant growth because of energy consumption due to urbanization & industrialization, increasing focus on energy efficiency, and cost & operational benefits of busbar over cables.
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