Global Copper Clad Aluminum (CCA) Busbar Market Size, Share, Trends, Industry Growth by Type (Flat, Rectangular, Round), by Application (Power Generation & Distribution, Automotives, Electronics, Industrial Machinery, Others), by Region, and Forecast to 2030
Report ID: RCMA356 | Report Format: PDF + Excel | Starting Price: 2680/- USD |The global copper-clad aluminum (CCA) busbar market size is expected to grow at a significant CAGR of over 5% during the forecast period from 2023 to 2030. The global market is expected to grow due to several driving factors. One of the key factors is the increasing demand for energy-efficient products and the adoption of renewable energy sources, such as solar and wind power, which require efficient and reliable power distribution systems. Additionally, the growing industrialization and urbanization in emerging economies are leading to an increase in demand for electricity, which is further driving the demand for CCA busbars.
Another factor contributing to the growth of the CCA busbar market is the rising popularity of electric vehicles (EVs) and hybrid electric vehicles (HEVs), which require high-performance power systems. Furthermore, the increasing focus on reducing carbon emissions is driving the adoption of energy-efficient and sustainable solutions, which is expected to boost the demand for CCA busbars.
Moreover, the high conductivity and corrosion resistance properties of CCA busbars make them ideal for use in various industries, including automotive, aerospace, telecommunications, and electronics, which is also driving the market growth. Finally, the development of new technologies and the emergence of smart grid systems are expected to create new opportunities for market players in the CCA busbar market.
Driving Factors:
Increasing demand for energy-efficient electrical equipment: The growing focus on energy efficiency and reducing carbon emissions has led to an increase in demand for energy-efficient electrical equipment, which in turn has boosted the demand for Copper Clad Aluminum (CCA) Busbars.
Rapid industrialization and urbanization: The increasing pace of industrialization and urbanization has led to a rise in demand for electricity, which has, in turn, led to a rise in demand for Copper Clad Aluminum (CCA) Busbars.
Cost-effectiveness: Copper Clad Aluminum (CCA) Busbars are less expensive than traditional copper busbars, making them an attractive option for manufacturers looking to reduce costs.
Lightweight and high conductivity: Copper Clad Aluminum (CCA) Busbars have a high conductivity and are lightweight, making them an attractive alternative to copper busbars, which are heavier and less conductive.
Growing renewable energy sector: The growing renewable energy sector, including solar and wind power, has led to an increase in demand for Copper Clad Aluminum (CCA) Busbars in power distribution systems.
Report Attributes:
| Benchmark Year | 2022 | ||
| Market Size | lock | ||
| Market Growth (CAGR) | > 5% (2023-2030) | ||
| Largest Market Share | lock | ||
| Analysis Period | 2020-2030 | ||
| Market Players | Storm Power Components, Gonda Metal Industry Co. Ltd., Pentair plc, Oriental Copper Co. Ltd., and Bronmetal |
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Market Insights:
Global CCA Busbar Market Analysis by Type
The global copper-clad aluminum busbar market is bifurcated into type, application, and geography. On the basis of type, the market is further segmented into flat, rectangular, and round CCA busbars. The flat CCA busbars are commonly used in power distribution applications and are preferred due to their compact design and high conductivity. Rectangular CCA busbars are mainly used in electrical panels and switchgears. They provide a larger surface area for connections and can carry more current. Round CCA busbars, on the other hand, are used in low voltage applications and have a higher resistance to bending due to their circular shape.
Global CCA Busbar Market Analysis by Application
On the basis of application, the global CCA busbar market is bifurcated into power generation & distribution, automotive, electronics, industrial machinery, and others. The dominant application segment in the global market is the power transmission and distribution segment. This can be attributed to the growing demand for reliable and efficient power transmission infrastructure across the globe, along with the increasing focus on renewable energy generation. The power transmission and distribution segment is expected to continue to hold a significant share of the market in the coming years, driven by investments in smart grid infrastructure and the increasing deployment of renewable energy sources.
Power Transmission and Distribution: CCA busbar is widely used in power transmission and distribution systems due to its high electrical conductivity, low weight, and cost-effectiveness.
Automotive: CCA busbar is also used in electric and hybrid vehicles as it is lighter and more cost-effective than traditional copper busbars.
Electronics: CCA busbar is used in various electronic devices such as computers, mobile phones, and others due to its excellent electrical conductivity and thermal properties.
Industrial Machinery: CCA busbar is used in various industrial machinery applications such as welding equipment, generators, and transformers due to its high electrical conductivity and low weight.
Others: CCA busbar is also used in other applications such as solar panels, wind turbines, and lighting systems.
The CCA busbar market research report presents the analysis of each segment from 2020 to 2030 considering 2022 as the base year for the research. The compounded annual growth rate (CAGR) for each respective segment is calculated for the forecast period from 2023 to 2030.
Historical & Forecast Period
- 2020-21 – Historical Year
- 2022 – Base Year
- 2023-2030 – Forecast Period
Market Segmentation:
By Type:
- Flat CCA Busbar
- Rectangular CCA Busbar
- Round CCA Busbar
By Application:
- Power Generation & Distribution
- Automotives
- Electronics
- Industrial Machinery
- Others
By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Geographic Coverage:
Geographically, the CCA busbar market report comprises dedicated sections centering on the regional market revenue and trends. The CCA busbar market has been segmented on the basis of geographic regions into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. The CCA busbar market has been extensively analyzed on the basis of various regional factors such as demographics, gross domestic product (GDP), inflation rate, acceptance, and others. CCA busbar market estimates have also been provided for the historical years 2020 & 2021 along with forecasts for the period from 2023 – 2030.
Competitive Assessment:
Some of the prominent market players operating in the global CCA busbar market are Storm Power Components, Gonda Metal Industry Co. Ltd., Pentair plc, Oriental Copper Co. Ltd., and Bronmetal. Companies are exploring markets through expansion, new investment, the introduction of new services, and collaboration as their preferred strategies. Players are exploring new geography through expansion and acquisition to gain a competitive advantage through joint synergy.
Key Companies:
- Storm Power Components
- Gonda Metal Industry Co. Ltd.
- Pentair plc
- Oriental Copper Co. Ltd.
- Bronmetal
- Alan Wire Company Inc.
- Eland Cables Ltd.
- Taihan Electric Wire Co. Ltd.
- Amphenol CTI Industries Inc.
- Zhejiang Bridgold Copper Science and Technology Co. Ltd.
Key Questions Answered by CCA Busbar Market Report
- Global CCA busbar market forecasts from 2023-2030
- Regional market forecasts from 2023-2030 covering Asia-Pacific, North America, Europe, Middle East & Africa, and Latin America
- Country-level forecasts from 2023-2030 covering 15 major countries from the regions as mentioned above
- CCA busbar submarket forecasts from 2023-2030 covering the market by type, application, and geography
- Various industry models such as SWOT analysis, PESTEL analysis, Value Chain Analysis about the market
- Analysis of the key factors driving and restraining the growth of the global, regional, and country-level CCA busbar markets from 2023-2030
- Competitive Landscape and market positioning of the top 10 players operating in the market
1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.4. Assumptions
2. Executive Summary
2.1. Global Copper Clad Aluminum (CCA) Busbar Market Portraiture
2.2. Global Copper Clad Aluminum (CCA) Busbar Market, by Type, 2022 (USD Mn)
2.3. Global Copper Clad Aluminum (CCA) Busbar Market, by Application, 2022 (USD Mn)
2.4. Global Copper Clad Aluminum (CCA) Busbar Market, by Geography, 2022 (USD Mn)
3. Global Copper Clad Aluminum (CCA) Busbar Market Analysis
3.1. Copper Clad Aluminum (CCA) Busbar Market Overview
3.2. Market Inclination Insights
3.3. Market Dynamics
3.3.1. Drivers
3.3.2. Challenges
3.3.3. Opportunities
3.4. Attractive Investment Proposition
3.5. Competitive Analysis
3.6. Porter’s Five Force Analysis
3.6.1. Bargaining Power of Suppliers
3.6.2. Bargaining Power of Buyers
3.6.3. Threat of New Entrants
3.6.4. Threat of Substitutes
3.6.5. Degree of Competition
3.7. PESTLE Analysis
3.8. COVID-19 Impact Analysis
4. Global Copper Clad Aluminum (CCA) Busbar Market By Type, 2020 – 2030 (USD Mn)
4.1. Overview
4.2. Flat CCA Busbar
4.3. Rectangular CCA Busbar
4.4. Round CCA Busbar
5. Global Copper Clad Aluminum (CCA) Busbar Market By Application, 2020 – 2030 (USD Mn)
5.1. Overview
5.2. Power Generation & Distribution
5.3. Automotives
5.4. Electronics
5.5. Industrial Machinery
5.6. Others
6. North America Copper Clad Aluminum (CCA) Busbar Market Analysis and Forecast, 2020 – 2030 (USD Mn)
6.1. Overview
6.2. North America Copper Clad Aluminum (CCA) Busbar Market by Type, (2020-2030 USD Mn)
6.3. North America Copper Clad Aluminum (CCA) Busbar Market by Application, (2020-2030 USD Mn)
6.4. North America Copper Clad Aluminum (CCA) Busbar Market by Country, (2020-2030 USD Mn)
6.4.1. U.S.
6.4.1.1. U.S. Copper Clad Aluminum (CCA) Busbar Market by Type, (2020-2030 USD Mn)
6.4.1.2. U.S. Copper Clad Aluminum (CCA) Busbar Market by Application, (2020-2030 USD Mn)
6.4.2. Canada
6.4.2.1. Canada Copper Clad Aluminum (CCA) Busbar Market by Type, (2020-2030 USD Mn)
6.4.2.2. Canada Copper Clad Aluminum (CCA) Busbar Market by Application, (2020-2030 USD Mn)
7. Europe Copper Clad Aluminum (CCA) Busbar Market Analysis and Forecast, 2020 - 2030 (USD Mn)
7.1. Overview
7.2. Europe Copper Clad Aluminum (CCA) Busbar Market by Type, (2020-2030 USD Mn)
7.3. Europe Copper Clad Aluminum (CCA) Busbar Market by Application, (2020-2030 USD Mn)
7.4. Europe Copper Clad Aluminum (CCA) Busbar Market by Country, (2020-2030 USD Mn)
7.4.1. Germany
7.4.1.1. Germany Copper Clad Aluminum (CCA) Busbar Market by Type, (2020-2030 USD Mn)
7.4.1.2. Germany Copper Clad Aluminum (CCA) Busbar Market by Application, (2020-2030 USD Mn)
7.4.2. U.K.
7.4.2.1. U.K. Copper Clad Aluminum (CCA) Busbar Market by Type, (2020-2030 USD Mn)
7.4.2.2. U.K. Copper Clad Aluminum (CCA) Busbar Market by Application, (2020-2030 USD Mn)
7.4.3. France
7.4.3.1. France Copper Clad Aluminum (CCA) Busbar Market by Type, (2020-2030 USD Mn)
7.4.3.2. France Copper Clad Aluminum (CCA) Busbar Market by Application, (2020-2030 USD Mn)
7.4.4. Spain
7.4.4.1. Spain Copper Clad Aluminum (CCA) Busbar Market by Type, (2020-2030 USD Mn)
7.4.4.2. Spain Copper Clad Aluminum (CCA) Busbar Market by Application, (2020-2030 USD Mn)
7.4.5. Italy
7.4.5.1. Italy Copper Clad Aluminum (CCA) Busbar Market by Type, (2020-2030 USD Mn)
7.4.5.2. Italy Copper Clad Aluminum (CCA) Busbar Market by Application, (2020-2030 USD Mn)
7.4.6. Rest of Europe
7.4.6.1. Rest of Europe Copper Clad Aluminum (CCA) Busbar Market by Type, (2020-2030 USD Mn)
7.4.6.2. Rest of Europe Copper Clad Aluminum (CCA) Busbar Market by Application, (2020-2030 USD Mn)
8. Asia Pacific Copper Clad Aluminum (CCA) Busbar Market Analysis and Forecast, 2020 - 2030 (USD Mn)
8.1. Overview
8.2. Asia Pacific Copper Clad Aluminum (CCA) Busbar Market by Type, (2020-2030 USD Mn)
8.3. Asia Pacific Copper Clad Aluminum (CCA) Busbar Market by Application, (2020-2030 USD Mn)
8.4. Asia Pacific Copper Clad Aluminum (CCA) Busbar Market by Country, (2020-2030 USD Mn)
8.4.1. China
8.4.1.1. China Copper Clad Aluminum (CCA) Busbar Market by Type, (2020-2030 USD Mn)
8.4.1.2. China Copper Clad Aluminum (CCA) Busbar Market by Application, (2020-2030 USD Mn)
8.4.2. Japan
8.4.2.1. Japan Copper Clad Aluminum (CCA) Busbar Market by Type, (2020-2030 USD Mn)
8.4.2.2. Japan Copper Clad Aluminum (CCA) Busbar Market by Application, (2020-2030 USD Mn)
8.4.3. India
8.4.3.1. India Copper Clad Aluminum (CCA) Busbar Market by Type, (2020-2030 USD Mn)
8.4.3.2. India Copper Clad Aluminum (CCA) Busbar Market by Application, (2020-2030 USD Mn)
8.4.4. Rest of Asia Pacific
8.4.4.1. Rest of Asia Pacific Copper Clad Aluminum (CCA) Busbar Market by Type, (2020-2030 USD Mn)
8.4.4.2. Rest of Asia Pacific Copper Clad Aluminum (CCA) Busbar Market by Application, (2020-2030 USD Mn)
9. Latin America (LATAM) Copper Clad Aluminum (CCA) Busbar Market Analysis and Forecast, 2020 - 2030 (USD Mn)
9.1. Overview
9.2. Latin America Copper Clad Aluminum (CCA) Busbar Market by Type, (2020-2030 USD Mn)
9.3. Latin America Copper Clad Aluminum (CCA) Busbar Market by Application, (2020-2030 USD Mn)
9.4. Latin America Copper Clad Aluminum (CCA) Busbar Market by Country, (2020-2030 USD Mn)
9.4.1. Brazil
9.4.1.1. Brazil Copper Clad Aluminum (CCA) Busbar Market by Type, (2020-2030 USD Mn)
9.4.1.2. Brazil Copper Clad Aluminum (CCA) Busbar Market by Application, (2020-2030 USD Mn)
9.4.2. Mexico
9.4.2.1. Mexico Copper Clad Aluminum (CCA) Busbar Market by Type, (2020-2030 USD Mn)
9.4.2.2. Mexico Copper Clad Aluminum (CCA) Busbar Market by Application, (2020-2030 USD Mn)
9.4.3. Rest of Latin America
9.4.3.1. Rest of Latin America Copper Clad Aluminum (CCA) Busbar Market by Type, (2020-2030 USD Mn)
9.4.3.2. Rest of Latin America Copper Clad Aluminum (CCA) Busbar Market by Application, (2020-2030 USD Mn)
10. Middle East and Africa Copper Clad Aluminum (CCA) Busbar Market Analysis and Forecast, 2020 - 2030 (USD Mn)
10.1. Overview
10.2. MEA Copper Clad Aluminum (CCA) Busbar Market by Type, (2020-2030 USD Mn)
10.3. MEA Copper Clad Aluminum (CCA) Busbar Market by Application, (2020-2030 USD Mn)
10.4. Middle East and Africa Copper Clad Aluminum (CCA) Busbar Market, by Country, (2020-2030 USD Mn)
10.4.1. GCC
10.4.1.1. GCC Copper Clad Aluminum (CCA) Busbar Market by Type, (2020-2030 USD Mn)
10.4.1.2. GCC Copper Clad Aluminum (CCA) Busbar Market by Application, (2020-2030 USD Mn)
10.4.2. South Africa
10.4.2.1. South Africa Copper Clad Aluminum (CCA) Busbar Market by Type, (2020-2030 USD Mn)
10.4.2.2. South Africa Copper Clad Aluminum (CCA) Busbar Market by Application, (2020-2030 USD Mn)
10.4.3. Rest of MEA
10.4.3.1. Rest of MEA Copper Clad Aluminum (CCA) Busbar Market by Type, (2020-2030 USD Mn)
10.4.3.2. Rest of MEA Copper Clad Aluminum (CCA) Busbar Market by Application, (2020-2030 USD Mn)
11. Company Profiles
11.1. Storm Power Components
11.1.1. Business Description
11.1.2. Financial Health and Budget Allocation
11.1.3. Product Positions/Portfolio
11.1.4. Recent Development
11.1.5. SWOT Analysis
11.2. Gonda Metal Industry Co. Ltd.
11.2.1. Business Description
11.2.2. Financial Health and Budget Allocation
11.2.3. Product Positions/Portfolio
11.2.4. Recent Development
11.2.5. SWOT Analysis
11.3. Pentair plc
11.3.1. Business Description
11.3.2. Financial Health and Budget Allocation
11.3.3. Product Positions/Portfolio
11.3.4. Recent Development
11.3.5. SWOT Analysis
11.4. Oriental Copper Co. Ltd.
11.4.1. Business Description
11.4.2. Financial Health and Budget Allocation
11.4.3. Product Positions/Portfolio
11.4.4. Recent Development
11.4.5. SWOT Analysis
11.5. Bronmetal
11.5.1. Business Description
11.5.2. Financial Health and Budget Allocation
11.5.3. Product Positions/Portfolio
11.5.4. Recent Development
11.5.5. SWOT Analysis
11.6. Alan Wire Company Inc.
11.6.1. Business Description
11.6.2. Financial Health and Budget Allocation
11.6.3. Product Positions/Portfolio
11.6.4. Recent Development
11.6.5. SWOT Analysis
11.7. Eland Cables Ltd.
11.7.1. Business Description
11.7.2. Financial Health and Budget Allocation
11.7.3. Product Positions/Portfolio
11.7.4. Recent Development
11.7.5. SWOT Analysis
11.8. Taihan Electric Wire Co. Ltd.
11.8.1. Business Description
11.8.2. Financial Health and Budget Allocation
11.8.3. Product Positions/Portfolio
11.8.4. Recent Development
11.8.5. SWOT Analysis
11.9. Amphenol CTI Industries Inc.
11.9.1. Business Description
11.9.2. Financial Health and Budget Allocation
11.9.3. Product Positions/Portfolio
11.9.4. Recent Development
11.9.5. SWOT Analysis
11.10. Zhejiang Bridgold Copper Science and Technology Co. Ltd.
11.10.1. Business Description
11.10.2. Financial Health and Budget Allocation
11.10.3. Product Positions/Portfolio
11.10.4. Recent Development
11.10.5. SWOT Analysis
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