GVR Report cover Busbar Trunking Market Size, Share & Trends Report

Busbar Trunking Market (2025 - 2033) Size, Share & Trends Analysis Report By Conductor (Copper, Aluminum), By Insulation, By End Use (Residential, Commercial, Industrial), By Region, And Segment Forecasts

Busbar Trunking Market Summary

The global busbar trunking market size was estimated at USD 6.76 billion in 2024 and is projected to reach USD 11.81 billion in 2033, growing at a CAGR of 6.6% from 2025 to 2033. The market is being driven by a convergence of factors that emphasize efficiency, safety, and adaptability in modern power distribution systems.

Key Market Trends & Insights

  • Asia Pacific dominated the busbar trunking industry with the largest revenue share of 35.18% in 2024.
  • The busbar trunking market in China is the largest in Asia Pacific, driven by several interrelated economic, infrastructural, and regulatory factors.
  • By conductor, the copper segment held the largest revenue share of 64.06% in 2024.
  • By insulation, the sandwich insulated segment held the largest revenue share of 67.53% in 2024.
  • By end use, the industrial segment held the largest revenue share of 49.41% in 2024

Market Size & Forecast

  • 2024 Market Size: USD 6.76 Billion
  • 2033 Projected Market Size: USD 11.81 Billion
  • CAGR (2025-2033): 6.6%
  • Asia Pacific: Largest market in 2024


One of the foremost drivers is the rising demand for reliable and efficient power distribution, especially in high-load environments such as industrial plants, commercial buildings, and data centers. Compared to traditional cable systems, busbar trunking offers lower energy losses, better thermal management, and improved system reliability, making it a preferred choice for new infrastructure and retrofits alike.

Busbar trunking market size and growth forecast (2023-2033)

Another key factor is the surge in urbanization and infrastructure development globally. As cities expand and smart building projects multiply, the need for compact, flexible, and scalable power distribution grows. Busbar trunking systems are well-suited for these modern structures, including malls, airports, hospitals, and metro stations, due to their space-saving design and ease of reconfiguration. This trend is particularly evident in North America, Asia-Pacific, and the Middle East, where mega-projects are becoming increasingly common.

Technological advancements in busbar trunking systems are transforming how power is distributed in modern infrastructure by enhancing efficiency, safety, intelligence, and flexibility. These innovations address the rising demand for energy optimization, digital control, and future-ready installations across industries. Modern busbar trunking systems are now integrated with smart sensors, IoT devices, and real-time monitoring capabilities. These allow for continuous load monitoring, predictive maintenance, and fault detection. Through integration with SCADA and BMS (Building Management Systems), facility managers can gain insights into energy usage, overheating risks, and system health, enabling data-driven energy management.

The busbar trunking industry, despite its growth potential, faces several key restraints that may hinder broader adoption or slowing down of market expansion across certain regions and sectors. One of the major restraints is the higher upfront cost compared to traditional cable-based systems. Although busbar trunking offers long-term savings in maintenance and energy efficiency, the initial capital expenditure can be a barrier for small and medium enterprises (SMEs) and cost-sensitive projects. This is particularly limiting in developing countries where budget constraints influence infrastructure decisions.

Conductor Insights

The copper segment dominated the target market with the largest revenue share of 64.06% in 2024. This dominance is primarily attributed to copper’s superior electrical conductivity, thermal performance, and mechanical strength, which make it the preferred choice for high-performance and safety-critical power distribution systems. Copper busbars offer lower resistance compared to aluminum, resulting in reduced energy losses and enhanced efficiency, especially in high-load applications such as industrial manufacturing plants, commercial buildings, and data centers. Their ability to handle higher current densities in a compact form makes them ideal for space-constrained environments where reliability and heat dissipation are crucial.

The aluminum segment is expected to witness significant growth of 7.1% over the forecast period, driven by its cost-effectiveness, lightweight nature, and increasing adoption in budget-sensitive projects. Aluminum offers a more economical alternative to copper, making it especially attractive in regions and sectors where cost is a major consideration, such as residential developments, public infrastructure, and light industrial facilities. The recent volatility in copper prices has further boosted interest in aluminum-based solutions, especially in emerging economies aiming to expand electrification while managing capital expenditure.

Insulation Insights

The sandwich insulated segment dominated the market with a revenue share of 67.53% in 2024. Sandwich insulated busbar trunking systems feature conductors that are tightly enclosed with insulation and enclosed within a compact metal casing, minimizing the air gaps between conductors. This design significantly enhances thermal dissipation, short-circuit strength, and fire safety, making it ideal for use in commercial high-rises, industrial facilities, data centers, and power plants.

The air insulated segment is expected to witness significant growth over the forecast period, driven by driven by its cost-efficiency, flexibility in installation, and rising adoption across commercial and light industrial applications. This type of busbar trunking system utilizes air as the primary insulation medium, which reduces material costs and simplifies the overall design compared to sandwich insulated systems. As a result, air insulated busbars are more affordable and easier to install and maintain, making them highly suitable for projects with tight budgets or where frequent layout changes are anticipated.        

End Use Insights

The industrial segment led the market and accounted for more than 49.0% of the global revenue in 2024. This dominance is largely attributed to the high power demands, operational complexity, and safety requirements inherent in industrial environments, which make busbar trunking systems a preferred solution for efficient power distribution. Industries such as manufacturing, oil & gas, mining, chemicals, and automotive rely heavily on continuous, reliable, and scalable power supply systems. Busbar trunking systems, with their modular design, high current-carrying capacity, and ease of maintenance, are ideally suited to meet these demands. Their ability to withstand harsh environments, minimize downtime, and support future expansions has made them increasingly indispensable in industrial infrastructure.

Busbar Trunking Market Share

The commercial segment is expected to witness significant growth over the forecast period in the global market, fueled by the rapid expansion of urban infrastructure, smart buildings, data centers, and commercial complexes. As urbanization accelerates and energy efficiency becomes a top priority, busbar trunking systems are increasingly being adopted in office buildings, shopping malls, hospitals, hotels, and educational institutions for reliable and space-efficient power distribution.

Regional Insights

The North American busbar trunking industry is undergoing significant transformation, driven by multiple converging trends that are reshaping the industry landscape. Stringent safety regulations are another critical factor influencing market evolution. Recent updates to NFPA 70 (National Electrical Code) and UL 857 standards have accelerated the transition from traditional air-insulated busbars to safer sandwich-insulated alternatives with fire-resistant epoxy coatings. This regulatory push is particularly evident in high-rise buildings and public spaces, where fire safety has become paramount.

U.S. Busbar Trunking Market Trends

The U.S. busbar trunking industry is witnessing robust growth, primarily driven by the ongoing modernization of the country’s electrical infrastructure. With much of the existing power grid aging, there is a strong push from both the public and private sectors to upgrade and enhance grid capacity and reliability. The U.S. Department of Energy’s recent commitment of over USD 1.2 billion toward the development of large-scale transmission lines exemplifies this trend. This modernization effort aims to support the nation's ambitious goal of achieving 100% clean electricity by 2035, which requires more efficient and resilient power distribution systems like busbar trunking.

Asia Pacific Busbar Trunking Market Trends

The Asia Pacific busbar trunking industry dominated the global market and accounted for 35.18% of the global revenue in 2024. Countries such as China, India, Japan, South Korea, and Southeast Asian nations are investing heavily in expanding their manufacturing base, commercial real estate, and energy infrastructure. The growth of sectors such as automotive, electronics, construction, and data centers further fuels the need for advanced busbar trunking solutions that can handle high power loads while optimizing space and safety. In addition, the Asia Pacific’s expanding smart city projects and renewable energy initiatives are boosting the adoption of busbar trunking systems, which are compatible with modern energy management and automation technologies.

Busbar Trunking Market Trends, by Region, 2025 - 2033

China’s busbar trunking industry growth is driven by the ongoing industrial expansion and urban development projects that are significantly increasing the need for efficient power distribution solutions. Large-scale manufacturing plants, commercial complexes, and infrastructure developments require reliable and scalable busbar trunking systems. With China’s push towards smart cities and digital infrastructure, there is a rising demand for advanced electrical distribution systems that can support automation, energy efficiency, and high-power loads in commercial and industrial buildings.

India's busbar trunking industry growth is driven by the ongoing industrial expansion and urban development that are increasing the demand for efficient power distribution systems. The growth of sectors such as manufacturing, automotive, and chemicals necessitates reliable and scalable power solutions, positioning busbar trunking systems as a preferred choice. Supportive government policies aimed at upgrading the country's power infrastructure, promoting energy conservation, and encouraging the use of sustainable and safe electrical systems are driving the adoption of busbar trunking.

Europe Busbar Trunking Market Trends

Europe busbar trunking industry’s commitment to sustainability and reducing carbon footprints has led to stringent energy efficiency standards. Countries like Germany, France, and the UK are at the forefront, implementing regulations that encourage the adoption of energy-efficient solutions, including busbar trunking systems. Aditionally, advancements in busbar trunking technology, such as modular designs, smart monitoring capabilities, and improved materials, are enhancing the performance and appeal of these systems. These innovations contribute to reduced energy losses, improved safety, and easier maintenance, aligning with Europe's focus on modernizing electrical infrastructure.

Germany busbar trunking industry’s growth is driven by the significant investments being made to upgrade aging electrical grids and infrastructure. For instance, Germany's EON announced a USD 48.57 billion (EUR 42 billion) investment to modernize Europe's energy infrastructure between 2024 and 2028. Such initiatives are propelling the demand for advanced power distribution systems like busbar trunking.

Key Busbar Trunking Company Insights

Some of the key players operating in the busbar trunking industry include ABB, Schneider Electric, Eaton, Siemens AG, and General Electric Company. These companies are actively investing in research and development (R&D) to enhance system efficiency, safety, and reliability. Key areas of innovation include the development of advanced insulation materials, compact designs for space optimization, and improved thermal management to support higher current capacities. In addition, these players are expanding their global manufacturing footprints and forming strategic partnerships to cater to the growing demand for efficient power distribution systems across industrial, commercial, and infrastructure sectors worldwide.

  • ABB Ltd. is a multinational corporation headquartered in Zurich, Switzerland, and is a global technology provider in electrification, automation, robotics, and digitalization. offers a portfolio of low- and medium-voltage systems used in commercial buildings, industrial facilities, and infrastructure projects such as data centers, airports, and hospitals. These systems are designed for modularity and efficiency in power distribution and are compliant with international standards, including IEC 61439-1/6. Key product lines include the BD2, BW, and LB series, which support current ratings up to 6300A and are designed for simplified installation and maintenance.

  • Schneider Electric is a multinational company headquartered in Rueil-Malmaison, France, with operations in over 100 countries. The company focuses on energy management and automation solutions for buildings, data centers, industry, and infrastructure. Schneider Electric provides products and services across the entire electrical distribution value chain, including hardware, software, and integrated systems. In the busbar trunking industry, Schneider Electric offers a range of solutions under its Canalis product line. These systems are used for low- and medium-voltage power distribution in commercial, industrial, and infrastructure settings. The Canalis range includes lighting and power busbar trunking systems that are modular in design, support a wide range of current ratings, and are suitable for both horizontal and vertical installations

Key Busbar Trunking Companies:

The following are the leading companies in the busbar trunking market. These companies collectively hold the largest market share and dictate industry trends.

  • ABB
  • Schneider Electric
  • Eaton
  • Siemens AG
  • General Electric Company
  • DBTS Industries Sdn Bhd
  • GODREJ & BOYCE MANUFACTURING COMPANY LIMITED (Godrej Enterprises)
  • LARSEN & TOUBRO
  • LEGRAND SA
  • Legrand North and Central America, LLC

Recent Developments:

  • In March 2025, ABB announced a USD 120 million investment to expand its U.S. manufacturing operations for low-voltage electrification products, with USD 80 million allocated to build a new 320,000 sq ft facility in Selmer, Tennessee, set to open by Q4 2026, and USD 40 million to double its Senatobia, Mississippi plant by Q2 2026. These expansions would increase production capacity by over 50% and add 250 new jobs across both locations, addressing rising demand from data centers, utilities, and commercial infrastructure.

  • In March 2021, Tai Sin Electric Limited introduced a new busbar trunking system, expanding its product line beyond traditional cabling. The system is locally tested and certified to IEC 61439‑6, offering current capacities from 250 A to 5,000 A (aluminum) and 250 A to 6,300 A (copper), with operational voltages up to 690 V and insulation voltages to 1,000 V. It supports configurations including 3P3W, 3P4W, and 3P5W, operates at 50-60 Hz, and features protection ratings up to IP 66/68.

Busbar Trunking Market Report Scope

Report Attribute

Details

Market size value in 2025

USD 7.09 billion

Revenue forecast in 2033

USD 11.81 billion

Growth Rate

CAGR of 6.6% from 2025 to 2033

Base year for estimation

2024

Historical data

2021 - 2023

Forecast period

2025 - 2033

Quantitative units

Revenue in USD million/billion and CAGR from 2025 to 2033

Report coverage

Revenue forecast, company ranking, competitive landscape, growth factors, and trends

Segments covered

Conductor, insulation, end use, region

Regional scope

North America; Europe; Asia Pacific; Latin America; MEA

Country scope

U.S.; Canada; Mexico; UK; Germany; France; China; India; Japan; Australia; South Korea; Brazil; UAE; Saudi Arabia; South Africa

Key companies profiled

ABB; Schneider Electric; Eaton; Siemens AG; General Electric Company; DBTS Industries Sdn Bhd; GODREJ & BOYCE MANUFACTURING COMPANY LIMITED (Godrej Enterprises); LARSEN & TOUBRO; LEGRAND SA; Legrand North and Central America, LLC

Customization scope

Free report customization (equivalent up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Global Busbar Trunking Market Report Segmentation

This report forecasts revenue growth at regional and country levels and provides an analysis on the industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the busbar trunking market report based on conductor, insulation, end use, and region.

Global Busbar Trunking Market Report Segmentation

  • Conductor Outlook (Revenue, USD Million, 2021 - 2033)

    • Copper

    • Aluminum

  • Insulation Outlook (Revenue, USD Million, 2021 - 2033)

    • Air Insulated

    • Sandwich Insulated

  • End Use Outlook (Revenue, USD Million, 2021 - 2033)

    • Residential

    • Commercial

    • Industrial

    • Others

  • Regional Outlook (Revenue, USD Million, 2021 - 2033)

    • North America

      • U.S.

      • Canada

      • Mexico

    • Europe

      • UK

      • Germany

      • France

    • Asia Pacific

      • China

      • India

      • Japan

      • South Korea

      • Australia

    • Latin America

      • Brazil

    • Middle East & Africa

      • KSA

      • UAE

      • South Africa

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