Busway Market to 2025 Introduction
Busway also known as Bus duct and bus bar Trucking System is a sheet metal duct containing either copper or aluminum bus bars for the purpose of conducting a substantial current of electricity . It is an alternative of conducting electricity to power cables or cable bus . Busway enable the stakeholders particularly , end-user from residential , commercial and industrial sector to enhance power carrying efficiency , reduce costs related to installation , reduction in down time , improved end-user experience , and with less complexity in maintenance . Busway applications in different sector are replacing the tradition wire cable use with advanced technology . APAC and Middle East , being emerging economy witnessed highest growth rate in near future . Global busway market is expected to grow from US $ 15.66 billion in 2015 to US $ 10.81 billion by 2025 at a CAGR of 6.66 % between 2016 and 2025 .
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