Global Copper Busbar market will register a 2.2% CAGR in terms of revenue, reach US$ 4810 million by 2023, from US$ 4210 million in 2017.
In electrical power distribution, a busbar (also spelled bus bar, or sometimes as buss bar or bussbar, with the term bus being a contraction of the Latin omnibus, “for all”, is a metallic strip or bar (typically copper, brass or aluminium) that conducts electricity within a switchboard, distribution board, substation, battery bank, or other electrical apparatus. Busbar is an electrical conductor that carries large current, especially one that is part of a power distribution system; typically a thick strip, or a tube. Busbars are used to carry substantial electric currents over relatively short distances; their greater surface area (compared to a wire of the same weight) reduces losses due to corona discharge.
Read more: Global Copper Busbar Market Will Grow at a CAGR 2.2% and Reach USD 4.81 Billion by 2023, from USD 4.21 Billion in 2017