2025: Approx. USD 240 billion
2026 (projected): Exceed USD 257 billion, with an annual growth rate of 8.5%
China’s share of the global market: Over 47%, with a domestic annual growth rate of 9%–11%. The continuously expanding market brings huge business opportunities for busbar machine manufacturers, covering various equipment such as copper busbar machine, hydraulic busbar machine and CNC busbar machine.
2023: Approx. USD 83 billion
2025: Surpassed USD 107 billion
2030 (forecast): To reach USD 171–185 billion. The increasing market demand further lowers the busbar machine price threshold and promotes the popularization of diversified busbar processing machine products.
2025 market size: USD 29.4 billion
Share of the total busbar equipment market: 63.2%, making it the mainstream essential machine. Common types include 3 in 1 busbar machine, portable processing equipment and professional busbar fabrication machine, widely used for busbar cutting, punching and bending.
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