The global demand for Laminated Busbar Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026.
Busbars are an important part of any grid or electrical network both on the micro and macro scale. Laminated busbars are advanced variations with lamination for extra insulation and protection against faults and short circuits. Power electronics and silicon carbides widely employ laminated busbars for a variety of operations. Hybrid electric cars need power stacks that use laminated busbars for enhanced performance. Most of the major power grids around the world are adopting laminated busbars for their advantages in terms of performance and safety.
The emphasis on renewable energy sources is increasing drastically causing all the major industry segments to adopt electrical options for their operations. The increase in demand for more electrical machines and power electronics is acting as the major drier for the laminated busbar market. The market for hybrid and electric vehicles is increasing both in the private and commercial sector thereby causing an increase in demand for laminated busbars and their increased applications. The rise of smart cities with the help of microgrids is also fuelling the market growth for laminated busbars. The Asia-Pacific region has been coming up with major plans to employ electric and hybrid vehicles on a large scale, which is expected to cause a boom in the market for laminated busbars.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of laminated busbar.
The entire laminated busbar market has been sub-categorized into material, end-user and insulation material. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Insulation Material
- Epoxy Powder Coating
- Polyester Film
- PVF Film
- Polyester Resin
- Heat-Resistant Fiber
- Polyimide Film
This section covers regional segmentation which accentuates on current and future demand for laminated busbar market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Laminated Busbar Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the laminated busbar market include Rogers (US), Amphenol (US), Mersen (France), Methode (US), and Sun.King Power Electronics (China). This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.