Global Busbar Protection Market by Voltage, Impedance, End-User & Region – Forecast to 2023 – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The "Busbar
Protection Market by Voltage (Medium Voltage, High Voltage, and Extra
High Voltage), Impedance (Low Impedance and High Impedance), End-User
(Utilities, Industries, and Transportation), and Region – Global
Forecast to 2023" report has been added to ResearchAndMarkets.com's
offering.

The busbar protection market is projected to grow from an estimated USD
3.20 billion in 2018 to USD 4.31 billion by 2023, at a CAGR of 6.10%,
from 2018 to 2023. The growth of the market is mainly attributed to the
increasing investment in transmission & distribution network in
countries such as China, India, and the US in the extra high voltage
segment. Asia Pacific and North America are expected to be the largest
markets for busbar protection during the forecast period.

Extra high voltage is the largest segment of the busbar protection
market, by voltage type, in terms of value. Extra high-voltage power
transmission infrastructure transmits the power generated by offshore
wind and solar plants. The increasing installation of offshore wind
farms and solar farms is creating an opportunity for busbar protection
systems in the extra high-voltage segment.

Asia Pacific is projected to be the fastest growing market during the
forecast period. This high growth rate can be attributed to increased
investments in infrastructure development, T&D spending, growing focus
on renewable sources of power generation, and infrastructural activities
in the recent past. China has the highest installed generation &
distribution capacity, resulting in an increased demand for
transformers, which in turn, is likely to augment the demand for busbar
protection systems.

Companies Mentioned

• ABB
• GE
• Schneider Electric
• Siemens
• Mitsubishi Electric
• Andritz
• Basler Electric
• Eaton
• Erlphase Power Technologies
• NR Electric
• SEL
• Toshiba
• ZIV

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Busbar Protection Market, By Voltage

7 Busbar Protection Market, By Impedance

8 Busbar Protection Market, By End-User

9 Busbar Protection Market, By Region

10 Competitve Landscape

11 Company Profiles

12 Appendix

For more information about this report visit https://www.researchandmarkets.com/research/v83dfg/global_busbar?w=4

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