Busbar market seen reaching $25.89 billion by 2031

Mordor Intelligence projects the global busbar market will rise from $19.22 billion in 2026 to $25.89 billion by 2031, driven by AI data centers, renewable energy projects, EV charging and grid upgrades. The firm also points to copper price swings and installer shortages as headwinds for deployment costs and timelines.

Why it matters: - Busbars are becoming more important as power demand rises in data centers, renewable energy systems, electric-vehicle charging and industrial automation. - The market forecast signals steady demand for electrical distribution infrastructure as grids and facilities become more power-dense. - Cost pressure from copper and labor shortages could slow some projects even as long-term demand expands.

What happened: - Mordor Intelligence said the global busbar market is projected to grow from $19.22 billion in 2026 to $25.89 billion by 2031. - The forecast implies a compound annual growth rate of 6.14%. - The research was released from Hyderabad, Telangana, India, on October 21, 2026. - Mordor Intelligence linked the growth outlook to AI data centers, renewable energy projects and automated industries.

The details: - Renewable energy buildout is increasing demand for busbar systems in solar plants, battery storage facilities and wind installations. - Busbar systems help support power distribution and integration with existing electrical networks. - Data center operators are favoring compact, scalable distribution as rack power densities rise and floor space stays limited. - Modular trunking systems can handle changing computing loads with less cable rework, which makes adaptability important for both new builds and upgrades. - Industrial electrification and automation are boosting demand across automotive, chemical and semiconductor facilities. - Smart monitoring can improve equipment reliability, identify faults and reduce unplanned downtime. - Busbar systems often require higher upfront spending than conventional cabling because of engineering, installation and commissioning work. - Retrofitting existing facilities can raise costs further, pushing some buyers toward traditional cable systems despite possible long-term savings. - Copper remains important for compact, high-power-density installations. - Rising copper prices are increasing interest in aluminum for utility distribution and long commercial busway runs. - Aluminum may require 1.6 times the cross-section of comparable copper conductors, so space and electrical requirements still shape material choice. - The report segments the market by type, material, power rating and end user. - By type, the report covers rigid busbars, flexible busbars, laminated busbars, busbar trunking systems and other busbar types. - By material, the report covers copper, aluminum and other materials. - By power rating, the report covers low power below 125 A, medium power from 125–800 A and high power above 800 A. - By end user, the report covers utilities, industrial, commercial, residential, transportation and other users. - The report is available at the full report.

Between the lines: - The demand story is broader than one sector, with data centers, clean energy and industrial electrification all pulling on the same electrical infrastructure market. - The materials tradeoff shows how supply-chain and layout constraints can shape procurement decisions as much as raw pricing. - Regional demand patterns suggest Asia-Pacific and North America are benefiting from different but overlapping infrastructure cycles. - In Asia-Pacific, demand is supported by industrial expansion, renewable energy projects, EV adoption and manufacturing investment. - China and India are key contributors in Asia-Pacific, while electronics production and infrastructure development in Southeast Asia add opportunities. - In North America, demand is driven by data center development, grid upgrades and EV charging infrastructure. - Domestic manufacturing investment and industrial electrification also support North American growth, although production capacity constraints may affect project timelines. - Himanshu Vasisht, senior research manager at Mordor Intelligence, said buyers need reliable insights into demand, material costs and technological developments as busbar systems become more important across power networks.

What's next: - Mordor Intelligence expects busbar demand to keep tracking data center buildouts, renewable energy deployment and grid modernization. - The company highlighted two near-term risks for the market: volatile copper prices and a shortage of skilled installers. - Recent industry moves suggest continued investment, including ABB’s March 2026 expansion in India and Anyi Electrical’s June 2026 order for DC compact busways. - The report is also available in Japanese, French, German, Spanish and Portuguese.

The bottom line: - Busbars are moving from niche infrastructure to a core part of the power transition, but adoption will depend on managing cost, space and installation complexity.