The laminated busbar market was valued at USD 723.6 Million in 2016 and expected to grow at a CAGR of 6.21%, from 2017 to 2022, to reach a projected USD 1,004.5 Million by 2022. The growth of the laminated busbar market can be attributed to the increased adoption of electric vehicles and hybrid electric vehicles, along with the increased share of renewable energies in the primary energy mix. The laminated busbar market has been segmented by end-user, insulation material, conductor, and region.
For an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the laminated busbar market. These include Rogers Corporation (US), Amphenol Corporation (US), Mersen (France), Idealec SAS (France), and Sun King Power Electronics Group Limited (China). These players are trying to understand the markets in developing economies and are adopting various strategies to increase their market shares.
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Scope of the Report:
·
By Insulation
o Epoxy Powder Coating
o Teonex
o Tedlar
o Mylar
o Nomex
o Kapton
·
By End-User
o Power Electronics and
Silicon Carbide
o Alternative Energy
o Transportation
o Telecom
o Datacenters
o Aerospace and Defense
o Industrial
o Others
·
By Conductor
o Copper
o Aluminum
·
By Region
o North America
o Europe
o Asia Pacific
o South America
o Middle East & Africa
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The power electronics and silicon carbide segment is expected to be the largest market for laminated busbars, by end-user, during the forecast period.
Laminated busbars are used in a wide range of power electronics and silicon carbide applications. The increased adoption of electric vehicles, hybrid electric vehicles, and motor drives is leading to the increased demand for power stacks. These factors are expected to drive the power electronics and silicon carbide end-user segment of the laminated busbar market, during the forecast period.
Objectives of the Study
To define, describe, and forecast the
laminated busbar market by end-user, insulation material, conductor, and region
To provide detailed information regarding the
major factors influencing the growth of the laminated busbar market (drivers,
restraints, opportunities, and challenges)
To strategically analyze the laminated busbar
market with respect to individual growth trends, future prospects, and the
contribution of each segment to the market
To track and analyze competitive
developments, such as contracts & agreements, new product launches,
expansions and investments, and partnerships and collaborations, in the
laminated busbar market
To strategically profile the key players and
comprehensively analyze their market shares and core competencies
The research methodology has been explained below.
·
Study of the annual revenues and market
developments of the major players that provide laminated busbars
·
Assessment of future trends and growth of
end-users
·
Assessment of the laminated busbar market
with respect to the various insulation materials used for different applications
·
Study of the contracts and developments
related to the laminated busbar market by key players across different regions
·
Finalization of overall market sizes by
triangulating the supply-side data, which includes product developments, supply
chain, and annual revenues of companies supplying laminated busbars across the
globe
-Laminated busbar manufacturers, dealers, and
suppliers
-Renewable power generation and equipment
manufacturing companies
-Switchgear and power cable manufacturing
companies
-Energy management, audit, and green building
consulting companies
-Copper and aluminum raw material suppliers
-Government and research organizations
-Environmental and industrial associations
-Banks, venture capitalists, financial
institutions, and other investors
-Market research and consulting firms
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