Sep 7, 2018   SOURCE: BusinessWire

Global Busbar Protection Market Outlook 2018-2023 - Technological Advancements are Driving Market Growth - ResearchAndMarkets.com

The "Global Busbar Protection Market - Analysis by Voltage, Impedance, End-user, and Geography - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

The busbar protection market is likely to grow in the near future, owing to increasing demand for power and rising need to augment the power infrastructure across the world.

The expansion in grid connectivity is being stressed upon in many countries in order to integrate the off-grid communities with grid electricity. Apart from that, off-grid power generation, especially in wind power segment, is growing at a robust pace, which is expected to provide a huge impetus to busbar protection market during the forecast period.

The development of new power generation facilities requires availability of power evacuation systems. The growth in development of power plants is expected to foster demand for busbar protection across the world.

Major Highlights
  • Technological Advancements are Driving the Busbar Market
  • Utilities Sector - A Major End-user
  • Asia-Pacific to Dominate the Market Growth

Key Developments in the Market

  • ABB Ltd won a contract of worth USD 90 million from Dubai Electricity and Water Authority (DEWA) for development of a substation that will integrate solar power from upcoming phases of the Mohammed bin Rashid Al Maktoum solar park into the city's electrical grid.
  • Siemens AG was selected by Nepal Electricity Authority (NEA) for upgradation of its 15 year old Supervisory Control and Data Acquisition/Energy Management System (SCADA/EMS) at its Load Dispatch Center (LDC) located in Kathmandu.
Companies Featured
  • ABB Ltd.
  • General Electric Company
  • Siemens AG
  • Schneider Electric SE
  • Eaton Corporation PLC
  • Mitsubishi Electric Corporation
  • Toshiba Corp
  • Basler Electric Company Inc.
  • Andritz AG
  • Erlphase Power Technologies Limited
  • NR Electric Co. Ltd.

Key Topics Covered

1. Executive Summary

2. Research Methodology

3. Market Overview

4. Market Dynamics

5. Value Chain Analysis

6. Industry Attractiveness - Porter's Five Forces Analysis

7. Market Segmentation and Analysis

8. Regional Market Analysis

9. Key Company Analysis

10. Competitive Landscape

For more information about this report visit https://www.researchandmarkets.com/research/6q4c4h/global_busbar?w=4