The KSA and MEA Busway-Bus Duct Market was valued at $741.4 million in 2023 and is projected to reach $1,284.4 million by 2033, registering a CAGR of 5.7% from 2024 to 2033. A bus duct, commonly known as a busway, serves as an alternative method for conducting electricity, primarily used in commercial and industrial settings as well as in residential buildings where voltage is higher. It consists of a metal housing containing copper or aluminum bars, known as busbars, capable of transmitting substantial electrical currents.
Bus duct systems are scalable and can replace traditional cable or conduit configurations, offering easier installation and better adaptability to specific spatial requirements. In addition, busways are lighter and more compact as compared to traditional cable systems, making them suitable for various applications, including industrial facilities, residential complexes, utilities, petrochemical sites, and data centers.
Key Takeaways:
- Based on type, the non-segregated phase bus duct segment held the largest share of the KSA and MEA Busway-Bus Duct market in 2023 and is also anticipated to grow at the fastest CAGR during the forecast period.
- Based on voltage, the medium-voltage segment held the largest share of the KSA and MEA Busway-Bus Duct market in 2023 and is anticipated to grow at the fastest CAGR during the forecast period
- Based on end user, the industrial segment dominated the KSA and MEA Busway-Bus Duct market size in terms of revenue in 2023. However, the commercial segment is anticipated to grow at the fastest CAGR during the forecast period.
- Region-wise, MEA held the largest market share in 2023. However, KSA is expected to witness the highest CAGR during the forecast period.
Market Dynamics
Rapid urbanization and large-scale infrastructure projects, expansion of manufacturing and heavy industries, and increase in demand for power transmission system are key drivers of the KSA and MEA busway-bus duct market, leading to greater need for reliable and scalable power distribution solutions that can accommodate the rising energy consumption. However, the KSA and MEA busway-bus duct market expansion is hindered by fluctuation in prices of raw material and high initial cost. Manufacturers are actively working to mitigate these issues by seeking cost-effective sourcing strategies, optimizing production processes, and developing competitive pricing models to encourage greater market acceptance.
Moreover, surge in focus on renewable energy sources and establishment of economic zones and trade hubs in KSA and other middle east countries offer opportunities for the KSA and MEA busway-bus duct market growth.
Key players in the KSA and MEA busway-bus duct market offers efficient and reliable power distribution solutions for various applications, including commercial, industrial, and infrastructure projects. busway-bus duct systems provide advantages such as reduced installation time, minimized space requirements, and enhanced safety as compared to traditional wiring methods. Unlike bulky cable trays that require multiple cables, busways integrate conductors within a single enclosure, reducing space requirements and simplifying installation. Busway-bus duct provides modular designs, flexible configurations, and support for high current ratings. For example, in April 2024, Schneider Electric announced the launch of its I-Line Track Medium Power Distribution Busway. This comprehensive, next-generation power distribution busway is designed specifically for use in data centre environments. I-Line Track provides an all-in-one solution to help build more flexible data centres, which can meet today’s ever-growing need for fast and scalable construction alongside continuous optimization. Its innovative design enables flexible deployment and rapid expansion of cloud edge colocations data centres.
Segment Overview
The KSA and MEA busway-bus duct market is segmented into type, voltage, end user, and country. By type, the market is divided into isolated phase bus duct, segregated phase bus duct, and non-segregated phase bus duct. By voltage, the market is segregated into high above high voltage, medium voltage, and low voltage. By end user, the market is classified into residential, commercial, and industrial. The commercial segment is further categorized into building type, data centers, shopping centers, and other commercial buildings. Region-wise, it is analyzed across the KSA and MEA. MEA further include UAE, Qatar, Kuwait, South Africa, Egypt, Nigeria, Kenya, and Rest of MEA.
By Type
On the basis of type, the KSA and MEA Busway-Bus Duct market is broken down into isolated phase bus duct, segregated phase bus duct, and non-segregated phase bus duct. In 2023, the non-segregated phase held the largest revenue share of the KSA and MEA busway-bus duct market, and the same segment is also expected to grow with a higher CAGR. The growth of non-segregated phase bus duct segment is driven by surge in infrastructural projects across various sectors, including commercial, industrial, and residential developments. The push for energy-efficient systems and reliable electrical distribution solutions aligns with government initiatives focused on diversifying energy sources.
By Type
The Non-segregated Phase Bus Duct segment is projected to grow at a significant CAGR during the forecast period.
By Voltage
On the basis of voltage, the market is classified into high voltage (above 33kV), medium voltage (600V to 33kV), and low voltage (up to 600V). In 2023, the medium-voltage segment dominated the KSA and MEA busway-bus duct market in terms of revenue. The same segment is also expected to grow with a higher CAGR during the forecast period. The medium-voltage segment is driven by expansion in industrial sector such as petrochemical sectors, power plants, manufacturing, and others. The Middle East has a strong oil & gas and petrochemical industry, requiring reliable power solutions for refineries, processing plants, and industrial complexes. In addition, shift towards clean energy is also being witnessed in the Middle East region. For example, UAE is planning to construct its second Nuclear power plant, eventually increasing the number of reactors in the country to from four to eight. This power plant is expected to be operational by 2032.
By End User
The Industrial segment is expected to hold a majority share of the market throughout the study period
By End User
On the basis of end user, the market is classified into residential, commercial, and industrial. In 2023, the industrial segment dominated the KSA and MEA Busway-Bus Duct market size in terms of revenue. Industries benefit from the enhanced safety provided by insulated, enclosed conductors, which reduce fire risks and electrical faults. Busways also optimize space by running along walls or ceilings, freeing up valuable floor area for operations. On the other hand, the commercial segment is expected to grow with a higher CAGR during the forecast period. The growing adoption of smart building systems and sustainable infrastructure drives the demand for busway- bus duct in KSA and MEA regions, as bus ducts reduce power losses and support energy-efficient solutions. Commercial spaces benefit from the busway’s flexibility, ensuring future scalability for evolving electrical needs. This segment addresses the electrical necessities of shopping malls, retail outlets, food courts, entertainment zones, and various other commercial establishments where an effective and flexible electrical distribution system is imperative for supporting multifaceted operational aspects.
By Region
On the basis of region, the market is analyzed KSA and MEA. In 2023, MEA held the largest market share in the KSA and MEA Busway-Bus Duct industry. The MEA region comprises of major middle eastern and African countries; UAE, Qatar, Kuwait, South Africa, Egypt, Nigeria, Kenya, and Rest of MEA. Countries such as the United Arab Emirates, Egypt, and South Africa are investing heavily in smart city initiatives and renewable energy projects, driving demand for advanced bus duct solutions. Companies such as Schneider Electric, Siemens, and GE are expanding their offerings to include energy-efficient and modular busway systems, facilitating easy installation and maintenance. On the other hand, KSA is expected to grow with a higher CAGR during the forecast period. Saudi Arabia is witnessing rapid urbanization and industrial growth, where busway systems play a crucial role in meeting the rising demand for electricity. In addition, bus ducts enhance safety by reducing the risk of electrical hazards, supporting the country’s commitment to improving energy infrastructure and sustainability in line with Vision 2030 initiatives.
Competitive Analysis
The KSA and MEA Busway-Bus Duct market analysis report highlights the highly competitive nature of the KSA and MEA Busway-Bus Duct, owing to the strong presence of existing vendors. Vendors with extensive technical and financial resources are expected to gain a competitive advantage over their counterparts by effectively addressing KSA and MEA Busway-Bus Duct market demands. The competitive environment in this market is expected to increase as product launches and acquisitions kind of strategies adopted by key vendors increase. Competitive analysis and profiles of the major KSA and MEA Busway-Bus Duct market players that have been provided in the report include Advancements in material science.
Key Developments Strategies by market players
- In January 2024, Vertiv Group Corp. announced expansion plans to more than double its capacity for switchgear, busbar, and modular solutions within the next two years. Since acquiring E&I Engineering and PowerBar Gulf, the company has already increased its capacity in these areas by over 100%. These expansion efforts aim to meet current commitments and the growing demand for data center power infrastructure, particularly for colocation and hyperscale applications, including AI and high-performance computing.
- In September 2022, Vertiv launched Vertiv Powerbar iMPB, a modular busbar system designed to enable seamless, on-demand power upgrades in dynamic data center environments. Available in both copper and aluminum conductor offerings, the Vertiv Powerbar iMPB family features capacities from 160 amps to 1,000 amps and delivers reliable overhead power distribution, with the inherent benefit of maximizing cooling airflow. The system is ideal for use in almost any size or style of data center, as well as laboratories, distribution warehouses, adaptable manufacturing plants and other dynamic environments.
- In April 2023, Powell Industries launched SmartThings Station, a user-friendly, cost-effective smart home hub and fast charging pad. This device supports quick setup and is compatible with various smart home products, including Matter devices. It enables users to automate home routines, enhancing convenience and reducing energy waste.
Key Benefits for Stakeholders
- To provide an accurate view of future investment pockets, this study provides analytical estimates for KSA and MEA Busway-Bus Duct market along with current trends and estimations.
- In order to be able to achieve a more prominent position, the overall KSA and MEA Busway-Bus Duct market analysis is based on an understanding of prevailing profitability trends.
- The report presents information related to key drivers, restraints, and KSA and MEA Busway-Bus Duct market opportunity with a detailed impact analysis.
- In order to measure financial competence, KSA and MEA Busway-Bus Duct market forecasts shall be quantitatively analyzed from 2023 until 2033.
- The Porter Five Force analysis shows that buyers and suppliers are more powerful in the KSA and MEA Busway-Bus Duct market.
- Key vendor shares and KSA and MEA Busway-Bus Duct market trends are included in the report.
Analyst Review
The KSA and MEA busway-bus duct market exhibits high growth potential owing to infrastructure development and rapid urbanization in the regions. Moreover, surge in infrastructure projects, including commercial buildings, industrial facilities, and smart cities, has contributed to the growth of the busway-bus duct market in KSA and MEA. The demand for critical digital infrastructure solutions is rising, particularly in data centers and other industrial applications. For instance, the CEO of Vertiv, Giordano (Gio) Albertazzi expressed that the growing demand for data centre power infrastructure is driven by rapid increase in use of artificial intelligence (AI), which increases the data traffic and the need for data centre power infrastructure, thereby increasing the demand for busways. Moreover, In January 2024, Vertiv announced major expansions in its switchgear, busway, and integrated modular solutions (IMS) business. This growth follows Vertiv's acquisition of E&I Engineering and PowerBar Gulf’s switchgear, busway, and IMS operations in November 2021. The CEO stated that the acquisition aimed to strengthen Vertiv's end-to-end power management portfolio for data centres and other critical applications.
The KSA and MEA busway-bus duct market was valued at $741.4 million in 2023.
Based on type, the non segregated segment holds the maximum market share of the KSA and MEA Busway-Bus Duct market in 2023.
The KSA and MEA Busway-Bus Duct market is projected to reach $1,284.4 million by 2033.
Rapid expansion of urban development, including smart cities and mega projects, Increasing emphasis on energy-efficient solutions and Investments in renewable energy and power grid modernization are the key trends in the KSA and MEA Busway-Bus Duct market.
The product launch, partnership and expansion are key growth strategies of KSA and MEA Busway-Bus Duct industry players
The company profile has been selected on factors such as geographical presence, market dominance (in terms of revenue and volume sales), various strategies and recent developments.
Fluctuation in the cost of raw material, and high initial cost of the Busways are the effecting factor for KSA and MEA Busway-Bus Duct market in negative ways.
The industrial application is the leading in KSA and MEA Busway-Bus Duct market.
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