The global laminated busbar market is anticipated to grow at a formidable rate during the forecast period due to factors like rising awareness towards energy saving and growing renewable energy integration around the world. The demand for safe and secure electrical distribution systems is also compelling the demand for laminated busbars. Moreover, the increasing adoption of power efficient energy systems and stringent government regulations regarding energy use are further expected to fuel the growth of global laminated busbar market through 2027.
Laminated busbars are engineered component consisting of layers of fabricated copper separated by thin dielectric materials, laminated into a unified structure. They help in reducing system costs and increasing capacitance.
Global laminated busbar market can be segmented based on
Based on insulation material, the global laminated busbar market is segmented into epoxy powder coating, mylar, tedlar, teonex, kapton, nomex and others. Among them, the epoxy powder coating segment is expected to dominate the global market by 2027 owing to its high chemical & heat resistance and excellent electrical insulating properties.
Major companies operating in the global laminated busbar market include Storm Power Components, Rogers Corporation, Mersen S.A., Amphenol Corporation, King Power Electronics Group Limited, Methode Electronics, Inc., Idealec SAS, Electronic Systems Packaging, Suzhou West Deane Machinery and Shennan Circuits, among others. Companies are focusing on innovative product launches to cater to the growing need for laminated busbars. They are also trying to extend their reach to new markets like developing countries.
Objective of the Study
- To analyse and forecast the market size of
global laminated busbar market.
- To forecast global laminated busbar market based
on insulation
material, conductor, end user, company, and regional distribution.
- To identify drivers and challenges for global laminated
busbar market.
- To examine competitive developments such as
expansions, new product launches, mergers & acquisitions etc. in
global laminated busbar market.
- To identify and analyse the profile of leading
players operating in the global laminated busbar market.
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Market insights research performed both primary as well as exhaustive secondary research for this study. Initially, Market insights research sourced a list of laminated busbar manufacturing companies across the globe. Subsequently, Market insights research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Market insights research could include the companies which could not be identified due to the limitations of secondary research.
Market insights research calculated global laminated busbar market size using a bottom-up approach, where data for various end user industries and its application across various product types were recorded and forecast for the future years. Market insights research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also used by Market insights research.
Key Target Audience
- Laminated busbar manufacturing
companies/partners
- Suppliers/Distributers
- End-Users
- Government bodies such as
regulating authorities and policy makers
- Organizations, industry
associations, forums and alliances related to laminated busbar market
- Market research and
consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as laminated busbar manufacturing companies and partners, end users etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
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Attribute
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Details
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Base Year
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2021
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Historical Years
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2017 – 2020
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Estimated Year
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2022
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Forecast Period
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2023 – 2027
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Quantitative Units
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Revenue in USD Million, Volume in Units, and CAGR for
2017-2021 and 2022-2027
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Report Coverage
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Revenue forecast, volume forecast, company share, competitive
landscape, growth factors, and trends
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Segments Covered | - Insulation Material
- Conductor
- End User
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Regional Scope
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North America; Asia Pacific; Europe & CIS; South America;
Middle East & Africa
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Country Scope
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United States; Canada; Mexico; China; India; Japan; Malaysia;
Thailand; Indonesia; Vietnam; South Korea; Germany; France; United Kingdom;
Spain; Italy; Belgium; Russia; Brazil; Argentina; Colombia; Saudi Arabia;
UAE; South Africa; Egypt
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Key Companies Profiled
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Storm Power Components, Rogers Corporation, Mersen S.A.,
Amphenol Corporation, King Power Electronics Group Limited, Methode Electronics,
Inc., Idealec SAS, Electronic Systems Packaging, Suzhou West Deane Machinery
and Shennan Circuits.
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Customization Scope
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10% free report customization with purchase. Addition or
alteration to country, regional & segment scope.
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Pricing and Purchase Options
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Avail customized purchase options to meet your exact research
needs. Explore purchase options
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Delivery Format
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PDF and Excel through Email
(We can also provide the editable version of the report in PPT/Word format on
special request)
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