“This report estimates the busbar market in terms of value in $million. The overall busbar market is expected to grow at a CAGR of 5.41% from 2015 to 2020. The market has been classified on the basis of power rating, end-user, and region, which has been further divided on the basis of countries.
Busbar is an integral part of the power network system right from generation to transmission and distribution in the power market. It is an electro-mechanical device used for transferring electric power in short range of distances, such as connecting a generator to a step-up transformer or connecting a transformer to switchgear. They are selected according to their power ratings such as high, medium, and low power applications and according to the system frequency.
The power sector offers a promising future, with growing demands for electricity following increasing urbanization in the developing nations. Busbar forms a crucial part in the sector across various segments including power generation, transmission and distribution, and equipment protection. The market is segmented on the basis of the application, in which the utilities are estimated to dominate the market, while other categories taken into consideration contribute a considerable value to the market.
Busbars are preferred more over its substitute cables as they are more energy efficient, reliable, and compact which is very important in setting up the circuit in its normal functions. Moreover, they help in saving electricity and operational costs in the long run.
The study has profiled leading players of the industry, along with their recent developments and other strategic industry activities. Some of the key companies’ profiles include ABB Ltd. (Switzerland), Eaton Corporation (Ireland), Schneider Electric SE (France), Siemens AG (Germany), Legrand (France), and others.
Asia-Pacific leads the busbar market globally with the biggest market share and is expected to grow with a high CAGR among the other regions. This growth is attributed to the growing industrialization and urbanization in the market. There is also a good grid modernization market for the busbars in the developed regions like North America and Europe.
The market is projected to be promising for utilities owing to upgrades in transmission and distribution utilities in developed regions. Industries are second most growing application for Busbar. Residential and other applications, which include commercial and transportation sector, have a considerable combined share in the market.
This study estimates the busbar market, in terms of region, application, and type till 2020. The busbar market is also analyzed with respect to Porter’s Five Force model. Analysis of the sector’s value chain and the various factors affecting the stages of the chain has been tracked to assess and evaluate the model. The report also describes the competitive landscape of major market players that includes new product developments, mergers and acquisition, facility expansion, agreements and collaborations, and contracts signed. Key developments have been mapped against the market players involved to determine the growth strategies implemented by the leaders within the segment. The report also classifies and defines the value of busbar industry. The study provides a comprehensive review of major market drivers, restraints, opportunities, winning imperatives, and key burning issues in the busbar market.
In the methodology various secondary sources have been used such as encyclopedias, directories, and databases to identify and collect information that was useful for this extensive commercial study of the busbar market. Primary sources such as experts, manufacturers, and service providers from the industry have all been interviewed to obtain and verify critical information as well as assess future prospects of the busbar market.
The report provides a geographical segmentation into various regions such as North America, Europe, Asia-Pacific, South America, the Middle East, and Africa. Moreover, there is an in-depth regional country analysis based on the type and the applications in the market. The country analysis provides the market size in terms of revenue and the expenditure in the regions for the various segments undertaken in the study. This analysis offers market insights based on the power rating and end-users of busbar at country level.
Scope of the Report:
The global busbar market is analyzed in terms of revenue ($million) for the following power rating, end-users, and regions.
By Power Rating
• High
• Medium
• Low
By End-user
• Utilities
• Industries
• Residential
• Others including commercial transportation sectors
By Region
• North America
• South America
• Europe
• Asia-Pacific
• Middle East & Africa
”
“TABLE OF CONTENTS
1 INTRODUCTION 13
1.1 OBJECTIVES OF THE STUDY 13
1.2 MARKET DEFINITION 13
1.3 MARKET SCOPE 13
1.3.1 MARKETS COVERED 14
1.3.2 YEARS CONSIDERED FOR THE STUDY 14
1.4 CURRENCY & PRICING 14
1.5 LIMITATIONS 15
1.6 STAKEHOLDERS 15
2 RESEARCH METHODOLOGY 16
2.1 RESEARCH DATA 16
2.1.1 SECONDARY DATA 17
2.1.1.1 Key data from secondary sources 17
2.1.2 PRIMARY DATA 18
2.1.2.1 Key data from primary sources 18
2.1.2.2 Key industry insights 19
2.1.2.3 Breakdown of primaries 19
2.2 FACTOR ANALYSIS 20
2.2.1 DEMAND SIDE ANALYSIS 20
2.2.1.1 Increasing electricity consumption 21
2.2.1.2 Ongoing smart grid projects 21
2.2.2 SUPPLY SIDE ANALYSIS 22
2.2.2.1 Increase in electricity generation 22
2.3 MARKET SIZE ESTIMATION 23
2.4 MARKET BREAKDOWN & DATA TRIANGULATION 24
2.5 RESEARCH ASSUMPTIONS & LIMITATIONS 25
2.5.1 ASSUMPTIONS 25
2.5.2 LIMITATIONS 25
3 EXECUTIVE SUMMARY 26
4 PREMIUM INSIGHTS 29
4.1 ATTRACTIVE MARKET OPPORTUNITIES IN THE GLOBAL BUSBAR MARKET 29
4.2 GLOBAL BUSBAR MARKET – END-USER SEGMENT 30
4.3 GLOBAL BUSBAR MARKET, 2015 31
4.4 THE U.S. COMMANDS OVER ONE-FIFTH OF THE MARKET SHARE 32
4.5 GLOBAL BUSBAR MARKET, BY END-USER IN 2014 33
4.6 GLOBAL BUSBAR MARKET: DEVELOPED VS. DEVELOPING NATIONS 34
4.7 UTILITIES SECTOR HAS A PROMISING FUTURE IN EMERGING ECONOMIES OF THE ASIA-PACIFIC REGION 35
4.8 LIFE CYCLE ANALYSIS, BY REGION 36
5 MARKET OVERVIEW 37
5.1 INTRODUCTION 38
5.2 ADVANTAGES OF BUSBARS OVER CABLES 38
5.3 MARKET SEGMENTATION 39
5.3.1 BY POWER RATING 40
5.3.2 BY END-USER 40
5.3.3 BY REGION 41
5.4 MARKET DYNAMICS 41
5.4.1 DRIVERS 42
5.4.1.1 Increasing awareness about energy efficiency in leading organizations 42
5.4.1.2 Cost benefits of busbars over cables 42
5.4.1.3 Increased integration of wind energy in global power generation mix 42
5.4.1.4 Rise in the number of smart cities 42
5.4.1.5 Versatility in applications 42
5.4.2 RESTRAINT 43
5.4.2.1 Emerging grey market providing low-quality and low-priced products 43
5.4.3 OPPORTUNITIES 44
5.4.3.1 Emerging switchgears market 44
5.4.3.2 Power sector reforms directing towards T&D expansions and innovations 44
5.4.4 CHALLENGES 44
5.4.4.1 Price instability of raw materials 44
5.4.4.2 Lack of research investments and infrastructure 44
6 INDUSTRY TRENDS 46
6.1 INTRODUCTION 46
6.2 VALUE CHAIN ANALYSIS 46
6.3 SUPPLY CHAIN ANALYSIS 47
6.4 PORTER’S FIVE FORCES ANALYSIS 48
6.4.1 THREAT OF NEW ENTRANTS 48
6.4.2 THREAT OF SUBSTITUTES 49
6.4.3 BARGAINING POWER OF SUPPLIERS 49
6.4.4 BARGAINING POWER OF BUYERS 50
6.4.5 INTENSITY OF COMPETITIVE RIVALRY 50
7 GLOBAL BUSBAR MARKET, BY POWER RATING 51
7.1 INTRODUCTION 52
7.2 LOW POWER RATING BUSBARS 53
7.3 MEDIUM POWER RATING BUSBARS 54
7.4 HIGH POWER RATING 54
8 GLOBAL BUSBAR MARKET, BY END-USER 56
8.1 INTRODUCTION 57
8.2 UTILITIES 58
8.3 INDUSTRIAL 59
8.4 RESIDENTIAL 59
8.5 OTHERS 60
9 GLOBAL BUSBAR MARKET, BY REGION 62
9.1 INTRODUCTION 63
9.2 NORTH AMERICA 64
9.2.1 U.S. 65
9.2.2 CANADA 66
9.2.3 MEXICO 67
9.3 SOUTH AMERICA 68
9.3.1 ARGENTINA 68
9.3.2 BRAZIL 69
9.3.3 COLOMBIA 70
9.3.4 VENEZUELA 71
9.3.5 REST OF SOUTH AMERICA 72
9.4 EUROPE 73
9.4.1 GERMANY 74
9.4.2 FRANCE 75
9.4.3 U.K. 76
9.4.4 ITALY 77
9.4.5 SPAIN 78
9.4.6 RUSSIA 79
9.4.7 REST OF EUROPE 80
9.5 ASIA-PACIFIC 81
9.5.1 CHINA 81
9.5.2 JAPAN 83
9.5.3 INDIA 84
9.5.4 AUSTRALIA 85
9.5.5 REST OF ASIA-PACIFIC 86
9.6 MIDDLE EAST & AFRICA 87
9.6.1 NIGERIA 88
9.6.2 SOUTH AFRICA 89
9.6.3 SAUDI ARABIA 90
9.6.4 UAE 91
9.6.5 IRAN 92
9.6.6 IRAQ 93
9.6.7 QATAR 94
9.6.8 REST OF MIDDLE EAST & AFRICA 95
10 COMPETITIVE LANDSCAPE 96
10.1 OVERVIEW 97
10.2 MERGERS & ACQUISITIONS, 2012-2015 100
10.3 CONTRACTS & AGREEMENTS, 2012-2015 101
10.4 NEW PRODUCT LAUNCHES, 2012-2015 102
10.5 EXPANSIONS, 2012-2015 103
10.6 PARTNERSHIPS, 2014 104
11 COMPANY PROFILES 105
11.1 INTRODUCTION 105
11.2 SIEMENS AG 106
11.3 ABB LTD. 109
11.4 SCHNEIDER ELECTRIC SE 113
11.5 EATON CORPORATION PLC. 117
11.6 TE CONNECTIVITY LTD. 121
11.7 LEGRAND S.A. 123
11.8 RITTAL GMBH & CO. KG 126
11.9 MERSEN S.A. 128
11.10 CHINT ELECTRICS CO., LTD. 129
11.11 POWER PRODUCTS LLC. 132
12 APPENDIX 134
12.1 INSIGHTS OF THE INDUSTRY EXPERTS 134
12.2 DISCUSSION GUIDE 135
12.3 RECENT DEVELOPMENTS 138
12.4 AVAILABLE CUSTOMIZATIONS 141
12.5 INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE 142
12.6 RELATED REPORTS 143
“
“LIST OF TABLES
TABLE 1 INCREASING AWARENESS ABOUT ENERGY EFFICIENCY IN LEADING ORGANIZATIONS IS A PRIMARY DRIVING FORCE FOR THE BUSBAR MARKET 43
TABLE 2 EMERGING GREY MARKET IS RESTRAINING THE GROWTH OF THE GLOBAL BUSBAR MARKET 43
TABLE 3 EMERGING SWITCHGEARS MARKET IS AN OPPORTUNITY FOR THE BUSBAR INDUSTRY 44
TABLE 4 PRICE INSTABILITY OF RAW MATERIALS IS A CHALLENGE FOR BUSBAR MANUFACTURERS 45
TABLE 5 BUSBAR MARKET SIZE, BY POWER RATING, 2013-2020 ($MILLION) 52
TABLE 6 LOW POWER BUSBAR MARKET SIZE, BY REGION, 2013-2020 ($MILLION) 53
TABLE 7 MEDIUM POWER BUSBAR MARKET SIZE, BY REGION, 2013-2020 ($MILLION) 54
TABLE 8 HIGH POWER BUSBAR MARKET SIZE, BY REGION, 2013-2020 ($MILLION) 54
TABLE 9 BUSBAR MARKET SIZE, BY END-USER, 2013-2020 ($MILLION) 57
TABLE 10 UTILITIES MARKET SIZE, BY REGION, 2013-2020 ($MILLION) 58
TABLE 11 INDUSTRIAL MARKET SIZE, BY REGION, 2013-2020 ($MILLION) 59
TABLE 12 RESIDENTIAL MARKET SIZE, BY REGION, 2013-2020 ($MILLION) 60
TABLE 13 OTHERS MARKET SIZE, BY REGION, 2013-2020 ($MILLION) 60
TABLE 14 BUSBAR MARKET SIZE, BY REGION, 2013-2020 ($MILLION) 64
TABLE 15 NORTH AMERICA: BUSBAR MARKET SIZE, BY COUNTRY, 2013-2020 ($MILLION) 64
TABLE 16 U.S.: BUSBAR MARKET SIZE, BY END-USER, 2013-2020 ($MILLION) 65
TABLE 17 U.S.: BUSBAR MARKET SIZE, BY POWER RATING, 2013-2020 ($MILLION) 65
TABLE 18 CANADA: BUSBAR MARKET SIZE, BY END-USER, 2013-2020 ($MILLION) 66
TABLE 19 CANADA: BUSBAR MARKET SIZE, BY POWER RATING, 2013-2020 ($MILLION) 66
TABLE 20 MEXICO: BUSBAR MARKET SIZE, BY END-USER, 2013-2020 ($MILLION) 67
TABLE 21 MEXICO: BUSBAR MARKET SIZE, BY POWER RATING, 2013-2020 ($MILLION) 67
TABLE 22 SOUTH AMERICA: BUSBAR MARKET SIZE, BY COUNTRY, 2013-2020 ($MILLION) 68
TABLE 23 ARGENTINA: BUSBAR MARKET SIZE, BY END-USER, 2013-2020 ($MILLION) 68
TABLE 24 ARGENTINA: BUSBAR MARKET SIZE, BY POWER RATING, 2013-2020 ($MILLION) 69
TABLE 25 BRAZIL: BUSBAR MARKET SIZE, BY END-USER, 2013-2020 ($MILLION) 69
TABLE 26 BRAZIL: BUSBAR MARKET SIZE, BY POWER RATING, 2013-2020 ($MILLION) 70
TABLE 27 COLOMBIA: BUSBAR MARKET SIZE, BY END-USER, 2013-2020 ($MILLION) 70
TABLE 28 COLOMBIA: BUSBAR MARKET SIZE, BY POWER RATING, 2013-2020 ($MILLION) 71
TABLE 29 VENEZUELA: BUSBAR MARKET SIZE, BY END-USER, 2013-2020 ($MILLION) 71
TABLE 30 VENEZUELA: BUSBAR MARKET SIZE, BY POWER RATING, 2013-2020 ($MILLION) 72
TABLE 31 REST OF SOUTH AMERICA: BUSBAR MARKET SIZE, BY END-USER,
2013-2020 ($MILLION) 72
TABLE 32 REST OF SOUTH AMERICA: BUSBAR MARKET SIZE, BY POWER RATING,
2013-2020 ($MILLION) 73
TABLE 33 EUROPE: BUSBAR MARKET SIZE, BY COUNTRY, 2013-2020 ($MILLION) 73
TABLE 34 GERMANY: BUSBAR MARKET SIZE, BY END-USER, 2013-2020 ($MILLION) 74
TABLE 35 GERMANY: BUSBAR MARKET SIZE, BY POWER RATING, 2013-2020 ($MILLION) 74
TABLE 36 FRANCE: BUSBAR MARKET SIZE, BY END-USER, 2013-2020 ($MILLION) 75
TABLE 37 FRANCE: BUSBAR MARKET SIZE, BY POWER RATING, 2013-2020 ($MILLION) 75
TABLE 38 U.K.: BUSBAR MARKET SIZE, BY END-USER, 2013-2020 ($MILLION) 76
TABLE 39 U.K.: BUSBAR MARKET SIZE, BY POWER RATING, 2013-2020 ($MILLION) 76
TABLE 40 ITALY: BUSBAR MARKET SIZE, BY END-USER, 2013-2020 ($MILLION) 77
TABLE 41 ITALY: BUSBAR MARKET SIZE, BY POWER RATING, 2013-2020 ($MILLION) 77
TABLE 42 SPAIN: BUSBAR MARKET SIZE, BY END-USER, 2013-2020 ($MILLION) 78
TABLE 43 SPAIN: BUSBAR MARKET SIZE, BY POWER RATING, 2013-2020 ($MILLION) 78
TABLE 44 RUSSIA: BUSBAR MARKET SIZE, BY END-USER, 2013-2020 ($MILLION) 79
TABLE 45 RUSSIA: BUSBAR MARKET SIZE, BY POWER RATING, 2013-2020 ($MILLION) 79
TABLE 46 REST OF EUROPE: BUSBAR MARKET SIZE, BY END-USER, 2013-2020 ($MILLION) 80
TABLE 47 REST OF EUROPE: BUSBAR MARKET SIZE, BY POWER RATING,
2013-2020 ($MILLION) 80
TABLE 48 ASIA-PACIFIC: BUSBAR MARKET SIZE, BY COUNTRY, 2013-2020 ($MILLION) 81
TABLE 49 CHINA: BUSBAR MARKET SIZE, BY END-USER, 2013-2020 ($MILLION) 82
TABLE 50 CHINA: BUSBAR MARKET SIZE, BY POWER RATING, 2013-2020 ($MILLION) 82
TABLE 51 JAPAN: BUSBAR MARKET SIZE, BY END-USER, 2013-2020 ($MILLION) 83
TABLE 52 JAPAN: BUSBAR MARKET SIZE, BY POWER RATING, 2013-2020 ($MILLION) 83
TABLE 53 INDIA: BUSBAR MARKET SIZE, BY END-USER, 2013-2020 ($MILLION) 84
TABLE 54 INDIA: BUSBAR MARKET SIZE, BY POWER RATING, 2013-2020 ($MILLION) 84
TABLE 55 AUSTRALIA: BUSBAR MARKET SIZE, BY END-USER, 2013-2020 ($MILLION) 85
TABLE 56 AUSTRALIA: BUSBAR MARKET SIZE, BY POWER RATING, 2013-2020 ($MILLION) 85
TABLE 57 REST OF ASIA-PACIFIC: BUSBAR MARKET SIZE, BY END-USER,
2013-2020 ($MILLION) 86
TABLE 58 REST OF ASIA-PACIFIC: BUSBAR MARKET SIZE, BY POWER RATING,
2013-2020 ($MILLION) 86
TABLE 59 MIDDLE EAST & AFRICA: BUSBAR MARKET SIZE, BY COUNTRY,
2013-2020 ($MILLION) 87
TABLE 60 NIGERIA: BUSBAR MARKET SIZE, BY END-USER, 2013-2020 ($MILLION) 88
TABLE 61 NIGERIA: BUSBAR MARKET SIZE, BY POWER RATING, 2013-2020 ($MILLION) 88
TABLE 62 SOUTH AFRICA: BUSBAR MARKET SIZE, BY END-USER, 2013-2020 ($MILLION) 89
TABLE 63 SOUTH AFRICA: BUSBAR MARKET SIZE, BY POWER RATING,
2013-2020 ($MILLION) 89
TABLE 64 SAUDI ARABIA: BUSBAR MARKET SIZE, BY END-USER, 2013-2020 ($MILLION) 90
TABLE 65 SAUDI ARABIA: BUSBAR MARKET SIZE, BY POWER RATING, 2013-2020 ($MILLION) 90
TABLE 66 UAE: BUSBAR MARKET SIZE, BY END-USER, 2013-2020 ($MILLION) 91
TABLE 67 UAE: BUSBAR MARKET SIZE, BY POWER RATING, 2013-2020 ($MILLION) 91
TABLE 68 IRAN: BUSBAR MARKET SIZE, BY END-USER, 2013-2020 ($MILLION) 92
TABLE 69 IRAN: BUSBAR MARKET SIZE, BY POWER RATING, 2013-2020 ($MILLION) 92
TABLE 70 IRAQ: BUSBAR MARKET SIZE, BY END-USER, 2013-2020 ($MILLION) 93
TABLE 71 IRAQ: BUSBAR MARKET SIZE, BY POWER RATING, 2013-2020 ($MILLION) 93
TABLE 72 QATAR: BUSBAR MARKET SIZE, BY END-USER, 2013-2020 ($MILLION) 94
TABLE 73 QATAR: BUSBAR MARKET SIZE, BY POWER RATING, 2013-2020 ($MILLION) 94
TABLE 74 REST OF MIDDLE EAST & AFRICA: BUSBAR MARKET SIZE, BY END-USER,
2013-2020 ($MILLION) 95
TABLE 75 REST OF MIDDLE EAST & AFRICA: BUSBAR MARKET SIZE, BY POWER RATING, 2013-2020 ($MILLION) 95
TABLE 76 MERGERS & ACQUISITIONS 100
TABLE 77 CONTRACTS & AGREEMENTS 101
TABLE 78 NEW PRODUCT LAUNCHES 102
TABLE 79 EXPANSIONS 103
TABLE 80 PARTNERSHIPS 104
TABLE 81 MERGERS & ACQUISITIONS, 2010-2014 138
TABLE 82 CONTRACTS & AGREEMENTS, 2011-2015 139
TABLE 83 NEW PRODUCT LAUNCHES, 2013-2015 140
“
“LIST OF FIGURES
FIGURE 1 BUSBAR MARKET: RESEARCH DESIGN 16
FIGURE 2 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, & REGION 20
FIGURE 3 WORLD NET ELECTRICITY CONSUMPTION, 2008-2012, (BILLION KWH) 21
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 23
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 23
FIGURE 6 DATA TRIANGULATION METHOD: BUSBAR MARKET 24
FIGURE 7 GLOBAL BUSBAR MARKET SNAPSHOT (2015 VS. 2020): LOW POWER RATING BUSBARS ARE EXPECTED TO CAPTURE THE LARGEST MARKET SHARE 26
FIGURE 8 UTILITIES SECTOR WAS ESTIMATED TO HAVE THE LARGEST MARKET IN THE END-USER SEGMENT IN 2014 27
FIGURE 9 ASIA-PACIFIC DOMINATED THE MARKET IN 2014 28
FIGURE 10 ATTRACTIVE MARKET OPPORTUNITIES IN THE GLOBAL BUSBAR MARKET 29
FIGURE 11 INDUSTRIAL SEGMENT TO GROW AT THE FASTEST PACE IN THE GLOBAL BUSBAR MARKET 30
FIGURE 12 UTILITIES SEGMENT TO CAPTURE THE MAJORITY SHARE 31
FIGURE 13 THE U.S. COMMANDS OVER ONE-FIFTH OF THE MARKET SHARE 32
FIGURE 14 UTILITIES SEGMENT IS EXPECTED TO CONTINUE TO DOMINATE THE GLOBAL BUSBAR MARKET 33
FIGURE 15 GLOBAL BUSBAR MARKET: DEVELOPING COUNTRIES ARE ESTIMATED TO GROW FASTER THAN DEVELOPED ONES 34
FIGURE 16 CHINA LED THE ASIA-PACIFIC BUSBAR MARKET SHARE IN 2014 35
FIGURE 17 ASIA-PACIFIC MARKET TO WITNESS AN EXPONENTIAL GROWTH PHASE IN THE COMING YEARS 36
FIGURE 18 BUSBAR MARKET SEGMENTATION 39
FIGURE 19 BUSBAR MARKET SEGMENTATION: BY POWER RATING 40
FIGURE 20 BUSBAR MARKET SEGMENTATION: BY END USER 40
FIGURE 21 BUSBAR MARKET SEGMENTATION: BY REGION 41
FIGURE 22 GROWING INDUSTRIALIZATION & URBANIZATION IS DRIVING THE GLOBAL BUSBAR MARKET 41
FIGURE 23 VALUE CHAIN ANALYSIS: BUSBAR MARKET 46
FIGURE 24 SUPPLY CHAIN ANALYSIS: BUSBAR MARKET 47
FIGURE 25 PORTER’S FIVE FORCES ANALYSIS: BUSBAR MARKET 48
FIGURE 26 HIGH POWER RATING IS THE FASTEST GROWING SEGMENT IN THE GLOBAL BUSBAR MARKET 52
FIGURE 27 ASIA PACIFIC – AN ATTRACTIVE DESTINATION FOR ALL END-USER APPLICATIONS 57
FIGURE 28 REGIONAL SNAPSHOT (2014) – GERMANY, CHINA, AND INDIA ARE EMERGING AS NEW HOT SPOTS 63
FIGURE 29 COMPANIES ADOPTED VARIOUS GROWTH STRATEGIES IN THE PAST FOUR YEARS 97
FIGURE 30 MARKET SHARE ANALYSIS: SIEMENS HELDS THE HIGHEST MARKET SHARE (VALUE) IN 2014 98
FIGURE 31 BATTLE FOR MARKET SHARE: MERGERS & ACQUISITIONS IS THE KEY STRATEGIES ADOPTED BY MAJOR PLAYERS 2012-2015 98
FIGURE 32 MARKET LEADERS BASED ON DEVELOPMENTS, 2012-2015 99
FIGURE 33 MARKET EVOLUTION FRAMEWORK: MERGERS & ACQUISITIONS HAS LED TO MARKET GROWTH AND CONTRACTS & AGREEMENTS HAS FUELLED GROWTH 100
FIGURE 34 MARKET SHARE ANALYSIS 2010-2014 104
FIGURE 35 GEOGRAPHIC MIX OF THE TOP 5 PLAYERS 105
FIGURE 36 SIEMENS AG: COMPANY SNAPSHOT 106
FIGURE 37 SIEMENS AG: SWOT ANALYSIS 108
FIGURE 38 ABB LTD.: COMPANY SNAPSHOT 109
FIGURE 39 ABB LTD.: SWOT ANALYSIS 111
FIGURE 40 SCHNEIDER ELECTRIC SE: COMPANY SNAPSHOT 113
FIGURE 41 SCHNEIDER ELECTRIC SE: SWOT ANALYSIS 116
FIGURE 42 EATON CORPORATION PLC: COMPANY SNAPSHOT 117
FIGURE 43 EATON CORPORATION PLC: SWOT ANALYSIS 119
FIGURE 44 TE CONNECTIVITY LTD.: COMPANY SNAPSHOT 121
FIGURE 45 LEGRAND S.A.: COMPANY SNAPSHOT 123
FIGURE 46 LEGRAND S.A.: SWOT ANALYSIS 125
FIGURE 47 MERSEN S.A.: COMPANY SNAPSHOT 128
“
