In addition, increased adoption of smart grids coupled with accelerating investments toward infrastructural development will stimulate growth. For instance, Saudi Arabia has planned to invest $1.1 trillion on infrastructure projects from 2019 to 2038.The ability to offer high flexibility, easy installation, and customised design will fuel the sandwich busbar trunking system market. Furthermore, increasing demand for the replacement of traditional cable systems for power distribution coupled with the ability of these systems to effectively utilise space will drive the product adoption. The U.S. market was over $250 million in 2018. Rising demand to replace the obsolete power cables coupled with regulatory measures to modernise the existing grid infrastructure will propel the industry outlook. Extensive applicability across industrial & commercial establishment on account of low fire load and high degree of flexibility will stimulate the low busbar trunking system market. High suitability across airports, shopping complexes, logistic storage & warehouses, railway stations, and production & storage spaces on account of providing hassle free power distribution will further propel the industry dynamics. The busbar trunking system market from aluminium, will grow over 11% by 2025. The ability to carry heavy loads over long distances along with their cost compatibility will drive the product adoption. Continual technical improvements in the quality of these systems to enhance the environmental credentials will further complement the business outlook. Rapid industrialisation along with increasing demand for power across the emerging economies will stimulate the market. Increasing electricity demand from growing numbers of data centres along with enhanced government efforts to modernise the existing transmission networks will further complement the business landscape. In 2016, data centres consumed around 416 terawatts (3% of the total electricity) globally, nearly 40% more than the consumption of the entire United Kingdom. The European market is anticipated to expand over 8% by 2025. Growing emphasis on the adoption of energy efficient systems to curb the T&D losses along with increasing electricity consumption will augment the industry dynamics. In 2017, the electricity consumption grew by 0.7%, marking an increase for the third consecutive year. Furthermore, the European Union (EU) has set energy saving target of 20% by 2020 to meet the burgeoning electricity demand. Eminent industry players operating in the industry include Godrej, Schneider Electric, Eaton. Larsen & Toubro, Legrand, Siemens, General Electric, C&S Electric, Naxso, Megabarre, Effibar and DBTS.
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