Press Release

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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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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