The United States busbar market size reached USD 4,315.9 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 7,420.8 Million by 2033, exhibiting a growth rate (CAGR) of 5.9% during 2025-2033.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024
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USD 4,315.9 Million |
Market Forecast in 2033
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USD 7,420.8 Million |
Market Growth Rate 2025-2033 | 5.9% |
Busbar is an electrical junction that collects electric current from the incoming feeders and distributes it to the outgoing feeders. It comprises a circuit breaker that trips off in the event of a fault and disconnects itself from the busbar. It offers cost-efficient and fast installation services with no downtime and makes the power distribution process easier, flexible and hassle-free. Consequently, it is extensively utilized in factories, data centers, retail facilities, hospitals, laboratories, universities, metros and railways in the United States.
With the rising environmental concerns, there is an increase in the adoption of renewable energy sources for generating power in the US. On account of the growing requirements of different industries and enterprises, power consumption is increasing significantly, which, in turn, is impelling the market growth. Moreover, the growing warehouse and storage facilities in the country is resulting in the escalating demand for busbars with low power ratings. Besides this, the Government is planning to upgrade the existing transmission and distribution (T&D) infrastructure, which is expected to create a positive outlook for the market growth.
IMARC Group provides an analysis of the key trends in each sub-segment of the United States busbar market report, along with forecasts at the country and regional level from 2025-2033. Our report has categorized the market based on power rating, conductor, end-user and industry.
Breakup by Power Rating:
Breakup by Conductor:
Breakup by End User:
Breakup by Industry:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Segment Coverage | Power Rating, Conductor, End User, Industry, Region |
Region Covered | Northeast, Midwest, South, West |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report: