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Current situation of the busbar busduct market
Reading volume:271 Release time:2023-12-01 08:44:34

The busduct product was introduced to China in the 1950s by the former Soviet Union, and at that time, only one or two production factories in Beijing conducted small-scale trial production of the product. In the late 1980s, with the continuous deepening of national reform and opening up policies, the national economy achieved rapid development. With the increase in investment in China's economic construction, especially the increase in investment in electric energy as a basic national policy for national development, the development of new products such as busducts has been promoted. In recent years, the sales of busduct products have maintained a rapid growth rate.
Data shows that the growth rate of the market size of China's busduct industry showed a fluctuating trend from 2015 to 2022, with a growth rate of 0.90% in the industry market size in 2022. In 2014, the market size of China's bus duct industry reached 36.758 billion RMB, and by 2022, the market size had grown to 72.437 billion RMB.
With the sustained and rapid development of China's economy, the demand and investment for electricity continue to grow, and the market prospects for China's transmission, distribution, and control equipment manufacturing industry are promising. The development of the national economy and electricity has injected strong impetus into the development of the entire transmission, distribution, and control equipment manufacturing industry. The busbar trunking system emerged more than 20 years ago in the field of factory and building power supply, and is widely recognized and used in the domestic market as an upgraded product for cables in high current transmission.
At present, China is in a stage of accelerated industrialization and is facing new opportunities for intelligent manufacturing in 2025. With the increasing requirements for the quality and reliability of power distribution systems in the power system, the performance requirements for transmission, distribution, and control equipment are also increasing; In particular, the decentralized new energy generation model requires flexibility and self coordination in the equipment and operation of the transmission and distribution grid. With the widespread application of busducts in the power transmission and distribution industry, the technology of products is undergoing positive changes with the development of the industry and the needs of customers. Greenization, intelligence, and integration are becoming new research and development directions for bus duct products. Intelligence, energy conservation, and other technologies will become the mainstream of busduct technology and lead the development of the industry.
Mega Technology (Zhenjiang) Co., Ltd. is a professional enterprise engaged in the research, development, production, and sales of complete sets of high and low voltage electrical appliances and medium and low voltage busbar equipment. Since the establishment of the company, our products have won the trust of a large number of customers with their excellent quality, reliable reputation, and perfect service. The sales volume has been increasing year by year, and authorized cooperative manufacturers have continuously explored the introduction of advanced technology at home and abroad. At present, our company has obtained a series of authoritative certifications such as national mandatory 3C certification, ISO9001 quality management system certification, CE certification,KEMA certification, and KEMA KEUR factory certification.
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