Market Forecast By Insulation (Air And Sandwich), By Power Range (Lighting Power Range, Low Power Range, Medium Power Range And High Power Range), By Conductor (Copper And Aluminium), By Applications (Commercial, Industrial, Residential, Transportation And Others Including Power Utilities, Argo-Industries, And Civil Buildings) And Competitive Landscape
Product Code: ETC150366 | Publication Date: Jan 2025 | Updated Date: Jan 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 80 | No. of Figures: 14 | No. of Tables: 4 | |
The China Bus Duct Trunking System Market report thoroughly covers the market by insulation, by power range, by conductor, and by application. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The China Bus Duct Trunking System Market has seen significant growth due to rapid industrialization and urbanization. This system provides an efficient method for electric power distribution across diverse sectors, including commercial, industrial, and residential buildings. The technology is favored for its flexibility, reliability, and the ability to carry substantial current loads safely. The market dynamics are influenced by rising energy demands and stringent energy efficiency regulations. Additionally, increased investments in infrastructure development further propel the demand for bus duct trunking systems. Key players in the market are focusing on innovation and technological advancements to improve system efficiency and meet the evolving needs of various end-users.
According to 6Wresearch, China Bus Duct Trunking System Market size is projected to witness a CAGR of 7.5% during the forecast period of 2025-2031. The increasing demand for efficient power distribution systems in commercial and residential buildings has boosted the adoption of bus duct trunking systems. These systems offer advantages such as improved safety, reduced installation time, and enhanced flexibility for future modifications, which are appealing to both infrastructure developers and facility managers.
Intense competition from traditional cabling systems poses a significant hurdle, as bus duct trunking systems often involve higher initial costs. Additionally, the need for skilled labor for installation and maintenance could limit growth, especially in underdeveloped areas. Regulatory compliance and adherence to international standards also add layers of complexity to market expansion. Despite these challenges, ongoing technological advancements and governmental support for sustainable infrastructure development offer promising opportunities for the future of the bus duct trunking system market in China.
In the rapidly evolving China bus duct trunking system market, several key players have emerged as leaders, driving innovation and setting industry standards. Companies such as Schneider Electric, Siemens AG, and ABB Ltd. are at the forefront, offering state-of-the-art solutions that cater to the diverse needs of industrial and commercial applications. These players are distinguished by their commitment to sustainability, energy efficiency, and advanced technology, which are vital in addressing the growing demand for reliable and safe power distribution systems. Their focus on research and development ensures the continuous introduction of cutting-edge products that push the boundaries of what's possible in the market.
The Chinese government has recognized the importance of modern infrastructure in driving economic growth and has taken significant steps to promote the adoption of bus duct trunking systems. One of the main initiatives is the integration of these systems into the nation's urbanization projects, aiming to enhance the efficiency and reliability of power distribution in rapidly expanding cities. Additionally, the government has implemented favorable policies and subsidies to encourage industries to upgrade their traditional power distribution systems to more modern and sustainable alternatives like bus duct trunking. These measures also align with China's broader commitment to reducing carbon emissions and promoting energy efficiency. As a result, there is a growing demand for advanced power distribution solutions across various sectors, paving the way for innovative developments in the market.
The China Bus Duct Trunking System Market is poised for significant growth, driven by the country's rapid urbanization and industrial expansion. As China continues to invest in infrastructure development, there is an increasing demand for efficient and reliable power distribution solutions, making bus duct trunking systems an attractive option. These systems offer advantages such as reduced installation time, flexibility in design, and improved safety features compared to traditional cabling methods. Furthermore, the government's focus on energy efficiency and sustainable development is likely to boost the adoption of innovative trunking solutions. In the coming years, technological advancements and competitive strategies among key players are expected to further propel the market, paving the way for improved performance and cost efficiency in power distribution networks throughout China.
According to Ravi Bhandari, Research Head, 6Wresearch, the air type in China’s bus duct trunking system market is a crucial component that addresses specific requirements for high-performance electrical distribution in various industries. This type incorporates air as an insulator, offering benefits such as reduced risk of overheating and enhanced safety standards. Its use is particularly advantageous in environments requiring flexible configurations and resistance to external environmental impacts, making it ideal for applications in commercial complexes, industrial facilities, and public infrastructure. As the demand for efficient energy management solutions grows, air-type bus duct systems are gaining popularity due to their adaptability, reliability, and lower installation costs.
The medium power range in China’s bus duct trunking system market plays a pivotal role in bridging the gap between low and high-power demands across various sectors. These systems are designed to handle moderate levels of electrical load, typically ranging from a few hundred to several thousand amperes. Their versatility makes them suitable for a wide range of applications, including small to medium-sized manufacturing plants, commercial buildings, and data centers. The medium power range systems offer a balanced solution, providing both cost-effectiveness and efficiency in energy distribution.
Copper plays a significant role in China’s bus duct trunking system market due to its superior electrical conductivity and thermal properties. As a preferred material for conductor bars, copper allows for efficient energy transfer with minimal energy loss, making it an ideal choice for high-performance electrical systems. The use of copper contributes to enhanced durability and reliability, particularly in systems subjected to fluctuating load demands. Moreover, copper's resistance to corrosion ensures a longer lifespan for bus duct systems, even in challenging environmental conditions. With China's rapid industrialization and urbanization, the demand for copper-based bus duct systems is increasing, driven by the need for robust and efficient energy management solutions.
As China's industrial growth accelerates, the bus duct trunking system market is experiencing significant advancements, driven by increasing demand for energy-efficient and reliable power distribution solutions. The industrial sector is a major consumer of these systems due to its need for consistent and flexible power supply to support a wide range of operations, from heavy machinery to automation systems. Industries such as manufacturing, automotive, and electronics are particularly reliant on the robust infrastructure provided by bus duct systems to minimize downtime and enhance operational efficiency.
The report offers a comprehensive study of the subsequent market segments:
1. Executive Summary |
2. Introduction |
2.1. Report Description |
2.2. Key Highlights of the Report |
2.3. Market Scope & Segmentation |
2.4. Research Methodology |
2.5. Assumptions |
3. China Bus Duct Trunking System Market Overview |
3.1. CHINA Bus Duct Trunking System Market Revenues, 2021-2031F |
3.2. CHINA Bus Duct Trunking System Market - Industry Life Cycle, 2021 |
3.3. CHINA Bus Duct Trunking System Market - Porter’s Five Forces |
3.4. CHINA Bus Duct Trunking System Market Value Chain & Ecosystem |
3.5. CHINA Bus Duct Trunking System Market Revenue Share, By Insulation, 2021 & 2031F |
3.6. CHINA Bus Duct Trunking System Market Revenue Share, By Power Rating, 2021 & 2031F |
3.7. CHINA Bus Duct Trunking System Market Revenue Share, By Conductor, 2021 & 2031F |
3.8. CHINA Bus Duct Trunking System Market Revenue Share, By Application, 2021 & 2031F |
3.9. CHINA Bus Duct Trunking System Market Revenue Share, By Region, 2021 & 2031F |
4. China Bus Duct Trunking System Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. China Bus Duct Trunking System Market Trends |
6. China Bus Duct Trunking System Market Overview, By Insulation |
6.1. CHINA Bus Duct Trunking System Market Revenues, By Air Insulation, 2021-2031F |
6.2. CHINA Bus Duct Trunking System Market Revenues, By Sandwich insulation, 2021-2031F |
7. China Bus Duct Trunking System Market Overview, By Power Rating |
7.1. CHINA Bus Duct Trunking System Market Revenues, By Lighting Power Range, 2021-2031F |
7.2. CHINA Bus Duct Trunking System Market Revenues, By Low Power Range, 2021-2031F |
7.3. CHINA Bus Duct Trunking System Market Revenues, By Medium Power Range, 2021-2031F |
7.4. CHINA Bus Duct Trunking System Market Revenues, By High Power Range, 2021-2031F |
8. China Bus Duct Trunking System Market Overview, By Conductor |
8.1. CHINA Bus Duct Trunking System Market Revenues, By Copper, 2021-2031F |
8.2. CHINA Bus Duct Trunking System Market Revenues, By Aluminium, 2021-2031F |
9. China Bus Duct Trunking System Market Overview, By Application |
9.1. CHINA Bus Duct Trunking System Market Revenues, By Commercial Application, 2021-2031F |
9.2. CHINA Bus Duct Trunking System Market Revenues, By Industrial Application, 2021-2031F |
9.3. CHINA Bus Duct Trunking System Market Revenues, By Residential Application, 2021-2031F |
9.4. CHINA Bus Duct Trunking System Market Revenues, By Transportation Application, 2021-2031F |
9.5. CHINA Bus Duct Trunking System Market Revenues, By Other Applications, 2021-2031F |
10. China Bus Duct Trunking System Market Overview, By Region |
10.1. CHINA Bus Duct Trunking System Market Revenues, By Northern Region, 2021-2031F |
10.2. CHINA Bus Duct Trunking System Market Revenues, By Southern Region, 2021-2031F |
10.3. CHINA Bus Duct Trunking System Market Revenues, By Eastern Region, 2021-2031F |
10.4. CHINA Bus Duct Trunking System Market Revenues, By Western Region, 2021-2031F |
11. China Bus Duct Trunking System Market - Government Standards, Certifications, and Regulations |
12. China Bus Duct Trunking System Market - Identification of Test Facilities / Certifying Bodies in China |
13. China Bus Duct Trunking System Market - Manufacturing Analysis |
14. China Bus Duct Trunking System Market - Key Performance Indicators |
15. China Bus Duct Trunking System Market - Opportunity Assessment |
15.1. CHINA Bus Duct Trunking System Market Opportunity Assessment, By Conductor, 2031F |
15.2. CHINA Bus Duct Trunking System Market Opportunity Assessment, By Application, 2031F |
15.3. CHINA Bus Duct Trunking System Market Opportunity Assessment, By Region, 2031F |
16. China Bus Duct Trunking System Market Competitive Landscape |
16.1. CHINA Bus Duct Trunking System Market Revenue Share, By Company, 2021 |
16.2. CHINA Bus Duct Trunking System Market Competitive Benchmarking, By Operating Parameters |
17. Company Profiles |
18. Key Strategic Recommendations |
19. Disclaimer |
List of Figures |
Figure 1. CHINA Bus Duct Trunking System Market Revenues, 2021-2031F ($ Million) |
Figure 2. CHINA Bus Duct Trunking System Market - Industry Life Cycle, 2021 |
Figure 3. CHINA Bus Duct Trunking System Market Revenue Share, By Insulation, 2021 & 2031F |
Figure 4. CHINA Bus Duct Trunking System Market Revenue Share, By Power Range, 2021 & 2031F |
Figure 5. CHINA Bus Duct Trunking System Market Revenue Share, By Conductor, 2021 & 2031F |
Figure 6. CHINA Bus Duct Trunking System Market Revenue Share, By Application, 2021 & 2031F |
Figure 7. CHINA Bus Duct Trunking System Market Revenue Share, By Region, 2021 & 2031F |
Figure 8. CHINA Upcoming Mall Supply, 2021-2020E (Million sq.ft.) |
Figure 9. CHINA Healthcare Spending as a Percentage of GDP, 2021 - 2031F |
Figure 10. CHINA Projected Infrastructure Investment in Railways, 2021 - 2031 (INR Thousand Crore) |
Figure 11. CHINA Planned Metro Network Expansion - New Lines (km) |
Figure 12. CHINA Infrastructure Investment Forecast, 2021-2031 (INR Lakh Crore) |
Figure 13. CHINA Sector-wise Infrastructure Investment Forecast, 2021-2031 (INR Lakh Crore) |
Figure 14. International Copper Prices, 2021 ($/metric ton) |
Figure 15. CHINA Bus Duct Trunking System Market Revenues, By Commercial Application, 2021-2031F ($ Million) |
Figure 16. CHINA Bus Duct Trunking System Market Revenues, By Industrial Application, 2021-2031F ($ Million) |
Figure 17. CHINA Bus Duct Trunking System Market Revenues, By Residential Application, 2021-2031F ($ Million) |
Figure 18. CHINA Bus Duct Trunking System Market Revenues, By Transportation Application, 2021-2031F ($ Million) |
Figure 19. CHINA Bus Duct Trunking System Market Revenues, By Other Application, 2021-2031F ($ Million) |
Figure 20. CHINA Bus Duct Trunking System Market Revenues, By Northern Region, 2021-2031F ($ Million) |
Figure 21. CHINA Bus Duct Trunking System Market Revenues, By Southern Region, 2021-2031F ($ Million) |
Figure 22. CHINA Bus Duct Trunking System Market Revenues, By Eastern Region, 2021-2031F ($ Million) |
Figure 23. CHINA Bus Duct Trunking System Market Revenues, By Western Region, 2021-2031F ($ Million) |
Figure 24. CHINA Actual Government Spending Vs Actual Government Revenues, 2021-2031F (INR Trillion) |
Figure 25. CHINA New Office Supply in Major CHINA Cities, 2021–2020E (Million sq. ft.) |
Figure 26. CHINA Organized Retail Space Completions, 2021-2020E (Million Sq. Ft.) |
Figure 27. CHINA Foreign Tourist Arrivals, 2021 – 2031 (Lakhs) |
Figure 28. CHINA Travel & Tourism Total Contribution to CHINA’s GDP, 2021-2031F (INR Billion) |
Figure 29. Growth of Hotel Rooms Supply in CHINA, FY2021 & FY2023F (No. of Rooms) |
Figure 30. CHINA Branded Hotel Rooms Supply Across Major Cities in CHINA, FY2021 & FY2031F (No. of Rooms) |
Figure 31. CHINA Technology Wise Contribution Towards Renewable Energy Targets, CHINA(2031) |
Figure 32. CHINA Renewable Energy Capacity Target, 2021-2031F (MW) |
Figure 33. CHINA Total Renewable Energy Capacity Addition Share in 2021, MW |
Figure 34. CHINA Solar Tenders and Auctions in 2021 (MW) |
Figure 35. CHINA Top Ten States in Solar Installation Capacity (MW), Till March 2021 |
Figure 36. CHINA Rooftop PV Installation Target till March 2021 (MW) |
Figure 37. CHINA Bus Duct Trunking System Market Opportunity Assessment, By Conductor (2031F) |
Figure 38. CHINA Bus Duct Trunking System Market Opportunity Assessment, By Application (2031F) |
Figure 39. CHINA Bus Duct Trunking System Market Opportunity Assessment, By Region (2031F) |
Figure 40. CHINA Bus Duct Trunking System Market Revenue Share, By Company, 2021 |
List of Tables |
Table 1. CHINA Bus Duct Trunking System Market Revenues, By Insulation, 2021-2031F ($ Million) |
Table 2. CHINA Bus Duct Trunking System Market Revenues, By Power Rating, 2021-2031F ($ Million) |
Table 3. CHINA Bus Duct Trunking System Market Revenues, By Conductor, 2021-2031F ($ Million) |
Table 4. CHINA Proposed Branded New Hotel Room Supply, FY2021 (Number of Rooms) |
Table 5. CHINA Tourism Sector Key Indicators, 2031F |
Table 6. CHINA Upcoming Airport Projects |
Table 7. CHINA Solar Capacity Target (GW), By Segments, 2021-2031F |
Table 8. CHINA Proposed Plans Under Green Corridor Phase II, By States |
Table 9. Upcoming Retail Sector Projects in CHINA |
Table 10. Upcoming Metro Projects in CHINA |
Market Forecast By Insulation (Air And Sandwich), By Power Range (Lighting Power Range, Low Power Range, Medium Power Range And High Power Range), By Conductor (Copper And Aluminium), By Applications (Commercial, Industrial, Residential, Transportation And Others Including Power Utilities, Argo-Industries, And Civil Buildings) And Competitive Landscape
Product Code: ETC150366 | Publication Date: Feb 2022 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 80 | No. of Figures: 14 | No. of Tables: 4 |
China Bus Duct Trunking System Market report comprehensively covers the market by insulation, power rating, conductor, and applications. The China bus duct trunking system market outlook report provides an unbiased and detailed analysis of the China bus duct trunking system market trends, opportunities, high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
China’s economy largely witnessed subdued growth in the past on account of declining government investment and oversupply in the real estate sector. However, the economy is expected to grow post-2020 as a result of renewed government investment and development in tier 2&3 cities. All these efforts are likely to sustain the demand for a bus duct trunking system in the country. However, the Covid-19 pandemic had slowed down the market in terms of supply of the product during 2020. While on the other hand, the demand-side also fell victim to the slowdown due to the market being closed during the lockdown period. Currently, the market has recovered gradually and is likely to witness growth over the coming years.
According to 6Wresearch, China Bus Duct Trunking System Market size is expected to grow at a CAGR of 4.5% during 2020-2025. Upcoming projects such as the Shanghai metro and Beijing New Airport would present opportunities for growth of the bus duct trunking systems in the coming years in the country. Further, upcoming housing projects of high-rise buildings in the residential sector would propel the demand for bus duct trunking systems over the forecast period.
In terms of applications, industrial application dominates the overall China bus duct trunking system market. Further, the commercial application also held the majority of the market revenue share in 2019. Together the industrial and commercial applications held a major chunk of revenue share in 2019. Additionally, residential and transportation are the other major applications.
The report provides a detailed analysis of the following market segments: