Busbar Trunking System Market is Expected to grow at a robust CAGR of 5.26% through 2030F
Busbar Trunking System market is increasing due to
rising demand for efficient, flexible, and space-saving power distribution
solutions in commercial and industrial infrastructure projects during
the forecast period 2026-2030F.
According to TechSci Research report, “Busbar Trunking System Market – Global
Industry Size, Share, Trends, Competition Forecast & Opportunities, 2020-2030F”, The
Global Busbar Trunking System Market was valued at USD 6.24 Billion in 2024 and
is expected to reach USD 8.56 Billion by 2030 with a CAGR of 5.26% during the
forecast period. The electrification trend sweeping the automotive, rail, and aerospace
sectors is creating new power distribution challenges that busbar trunking
systems are uniquely designed to solve. Large-scale electric vehicle charging
stations, metro rail systems, and airport ground support equipment demand
high-amperage, flexible power distribution networks capable of handling loads
above 1,600 A. Traditional cabling solutions struggle to accommodate this scale
due to heat dissipation and installation footprint limitations.
Busbar trunking systems offer compact, high-current
paths with low impedance and straightforward modular upgrades. Vehicle
manufacturers are also integrating busbar solutions into production facilities,
battery assembly plants, and testing labs that demand precise power delivery.
With global EV sales crossing 14 million in 2023 and expected to exceed
30 million annually by 2027, the rapid rollout of charging infrastructure is
driving parallel growth in busbar installation. Moreover, urban rail systems in
select cities across Asia, the Middle East, and Europe are upgrading power
systems and using enclosed trunking for traction substations, platform power
feeds, and station electrification—further bolstering market demand.
According to the International Energy Agency (IEA), the global EV charging
station network expanded from approximately 3 million units in 2022 to nearly
5 million units by the end of 2024. Assuming each station averages 1‑meter
power busbar trunking per EV charger, this translates to an additional
2 million meters of busbar network deployed during 2023–2024.
The Busbar Trunking System market is confronted with
intense competition and rapid technological disruption, creating pressure on
manufacturers to innovate continuously while maintaining cost competitiveness.
The market features a mix of global leaders, such as Schneider Electric and
Legrand, and regional players offering cost-effective solutions, particularly
in Asia-Pacific, where low production costs allow for aggressive pricing
strategies. This competition forces established manufacturers to differentiate
through advanced features, such as IoT integration and energy-efficient
designs, which require substantial investment in research and development.
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Busbar Trunking System Market"
Based on End-use Industry, In 2024, the
industrial segment emerged as the dominant sector in the global busbar trunking
system market and is projected to maintain its leading position throughout the
forecast period. This dominance is largely attributed to the rapid expansion of
industrial infrastructure, especially in developing economies across
Asia-Pacific and the Middle East. Industrial facilities such as manufacturing
plants, oil and gas refineries, automotive factories, and chemical processing
units require highly reliable, scalable, and efficient power distribution
systems capable of handling large electrical loads.
Busbar trunking systems meet these requirements due to
their compact design, superior heat dissipation, low energy loss, and ease of
modification or extension without disrupting ongoing operations. Moreover,
industries are increasingly prioritizing energy efficiency and operational
safety, both of which are enhanced by the use of busbar trunking systems. The
growing shift toward automation and smart manufacturing also necessitates
uninterrupted and stable power distribution, further increasing the adoption of
busbar trunking solutions in the industrial sector. Additionally, governments
across various regions are supporting industrialization through favorable
policies, investments in industrial parks, and infrastructure development,
which is directly contributing to the demand for advanced power distribution
systems.
North America is emerging as the fastest-growing segment in the global busbar trunking system market, driven by a confluence of technological, regulatory, and industrial factors. The region is witnessing a surge in infrastructure modernization, particularly in data centers, commercial buildings, and industrial automation—sectors that demand efficient, scalable, and low-maintenance power distribution solutions. Busbar trunking systems, which offer advantages such as reduced energy losses, space efficiency, and easy installation compared to traditional cabling, are increasingly being adopted to meet the region’s evolving energy distribution needs. Government incentives promoting energy-efficient solutions and the enforcement of stringent building safety and electrical codes are further encouraging the shift toward advanced power distribution technologies.
The U.S., in particular, is investing heavily in smart grid infrastructure, sustainable building development, and renewable energy integration—all of which contribute to heightened demand for busbar systems. In addition, North American industries are prioritizing flexibility and modularity in electrical systems, making busbar trunking an ideal choice for both greenfield and retrofit projects. The presence of major market players and the rapid pace of technological innovation also support regional growth, enabling the development of customized and digitally integrated trunking solutions. As electrification continues to rise in sectors like transportation and logistics, the requirement for reliable and compact distribution systems will further bolster market growth. Combined, these trends position North America not only as a high-potential growth market but also as a technological leader in the global busbar trunking system industry over the coming years.
Key market players in the Global Busbar
Trunking System market are: -
- ABB Ltd.
- Siemens AG
- Schneider Electric SE
- Eaton Corporation plc
- Legrand S.A.
- General Electric
Company
- Mitsubishi Electric
Corporation
- Larsen & Toubro
Limited
- Godrej
& Boyce Manufacturing Co. Ltd
- DBTS Industries SDN BHD
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“The busbar trunking system market is
expected to witness robust growth in the coming years driven by increasing
urbanization, industrial expansion, and rising demand for energy-efficient
power distribution solutions. Growth in smart buildings, data centers, and
renewable energy projects is accelerating the adoption of compact and reliable
power infrastructure like busbar systems. Additionally, government initiatives
promoting sustainable construction and electrification in developing regions
are further fueling market expansion. Technological advancements such as
integration of Internet of Things-enabled monitoring in busbar systems will
also enhance performance and reliability, making them indispensable in modern
power distribution applications across various sectors globally.” said Mr.
Karan Chechi, Research Director of TechSci Research, a research-based Global
management consulting firm.
“Busbar Trunking System Market - Global Industry Size, Share,
Trends, Opportunity, and Forecast, Segmented By Conductor Material (Copper, Aluminum),
By Power Rating (Low Power (Below 630 A), Medium Power (630 A – 2500 A), High
Power (Above 2500 A)), By End-Use Industry (Commercial, Industrial, Utilities, Data
Centers, Residential, Transportation Infrastructure), By Region & Competition,
2020-2030F,”
has evaluated the future growth potential of Global Busbar Trunking System
Market and provides statistics & information on market size,
structure, and future market growth. The report intends to provide cutting-edge
market intelligence and help decision makers take sound investment decisions.
Besides the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in Global Busbar Trunking
System Market.
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