Global Laminated Busbar Market Size study & Forecast, by Material, by Insulation Material, by End User and Regional Analysis, 2023-2030

Description

List of Tables

Global Laminated Busbar Market is valued at approximately USD 814.15 million in 2022 and is anticipated to grow with a healthy growth rate of more than 6.00% during the forecast period 2023-2030. Laminated busbar is a type of electrical conductor that consists of layers of conductive material, usually copper or aluminum, separated by insulating layers. These layers are then compressed and laminated together to form a single integrated structure. The resulting busbar provides a compact and efficient means of conducting electricity, with the insulation helping to prevent electrical arcing and short circuits. The key factors driving the market growth are growing demand for efficient power distribution systems, rising emphasis on renewable energy, and growing expansion of the electric vehicle market that is anticipated to create the lucrative demand for the market during the forecast period 2023-2030.

Additionally, the expansion of the Electric Vehicle Market has led to increased adoption of laminated busbars in EV power systems, where they play a crucial role in managing high currents. According to Statista, in 2019 globally the number of electric vehicles sold was 2.22 million; in 2022 the number reached 10.25 million and it is anticipated to reach 12.97 million by 2025. As a result, the growing demand for EVs is anticipated to support the market growth. Moreover, aging electrical infrastructure rising electricity demand, and increasing adoption of HVDC technology are anticipated to create lucrative opportunities for the market. However, the growing competition from local firms or unorganized sectors, and the high initial cost of laminated busbars stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Laminated Busbar Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the increased demand for power electronics, rising adoption of electric Vehicles (EVs), and growing infrastructure development projects, including smart cities and modernization initiatives. Whereas, the Asia Pacific is expected to grow with the fastest growth rate over the forecast period, owing to factors such as the increasing demand for energy, the growing shift toward electric mobility is a significant trend in the automotive sector, expansion of manufacturing and industrial sectors.

Major market player included in this report are:

Amphenol Corporation (US)
Methode Electronics, Inc. (US)
Mersen Group (France)
Rogers Corporation (US)
Sun.King Technology Group Limited (China)
Zhuzhou CRRC Times Electric Co., Ltd. (China)
Ryoden Kasei Co., Ltd. (Japan)
Shanghai Eagtop Electronics Technology Co., Ltd. (China)
Shenzhen Busbar Sci-Tech Development Co., Ltd. (China)
Storm Power Components (US)

Recent Developments in the Market:

In December 2020, Amphenol Corporation, a renowned global provider specializing in high-technology interconnect, antenna, and sensor solutions, has recently agreed to acquire MTS Systems. MTS Systems is a prominent global supplier known for its advanced test systems, motion simulators, and precision sensors.

Global Laminated Busbar Market Report Scope:

Historical Data - 2020 - 2021
Base Year for Estimation - 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered - Material, Insulation Material, End User, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope - Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Material:

Copper
Aluminium

By Insulation Material:

Epoxy Powder Coating
Polyester Film
PVF Films
Polyester Resin
Heat-Resistant Fiber
Polymide Film

By End User:

Utilities
Industrial
Commercial
Residential

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Million)
- 1.2.1. Laminated Busbar Market, by Region, 2020-2030 (USD Million)
- 1.2.2. Laminated Busbar Market, by Material, 2020-2030 (USD Million)
- 1.2.3. Laminated Busbar Market, by Insulation Material, 2020-2030 (USD Million)
- 1.2.4. Laminated Busbar Market, by End User, 2020-2030 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Laminated Busbar Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Laminated Busbar Market Dynamics

3.1. Laminated Busbar Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Growing demand for efficient power distribution systems
  - 3.1.1.2. Rising emphasis on renewable energy
  - 3.1.1.3. Growing expansion of the electric vehicle
- 3.1.2. Market Challenges
  - 3.1.2.1. Growing competition from local firms or unorganized sector
  - 3.1.2.2. High initial cost of laminated busbars
- 3.1.3. Market Opportunities
  - 3.1.3.1. Aging electrical infrastructure and rising electricity demand
  - 3.1.3.2. Increasing adoption of HVDC technology

Chapter 4. Global Laminated Busbar Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global Laminated Busbar Market, by Material

5.1. Market Snapshot
5.2. Global Laminated Busbar Market by Material, Performance - Potential Analysis
5.3. Global Laminated Busbar Market Estimates & Forecasts by Material 2020-2030 (USD Million)
5.4. Laminated Busbar Market, Sub Segment Analysis
- 5.4.1. Copper
- 5.4.2. Aluminium

Chapter 6. Global Laminated Busbar Market, by Insulation Material

6.1. Market Snapshot
6.2. Global Laminated Busbar Market by Insulation Material, Performance - Potential Analysis
6.3. Global Laminated Busbar Market Estimates & Forecasts by Insulation Material 2020-2030 (USD Million)
6.4. Laminated Busbar Market, Sub Segment Analysis
- 6.4.1. Epoxy Powder Coating
- 6.4.2. Polyester Film
- 6.4.3. PVF Films
- 6.4.4. Polyester Resin
- 6.4.5. Heat-Resistant Fiber
- 6.4.6. Polymide Film

Chapter 7. Global Laminated Busbar Market, by End User

7.1. Market Snapshot
7.2. Global Laminated Busbar Market by End User, Performance - Potential Analysis
7.3. Global Laminated Busbar Market Estimates & Forecasts by End User 2020-2030 (USD Million)
7.4. Laminated Busbar Market, Sub Segment Analysis
- 7.4.1. Utilities
- 7.4.2. Industrial
- 7.4.3. Commercial
- 7.4.4. Residential

Chapter 8. Global Laminated Busbar Market, Regional Analysis

8.1. Top Leading Countries
8.2. Top Emerging Countries
8.3. Laminated Busbar Market, Regional Market Snapshot
8.4. North America Laminated Busbar Market
- 8.4.1. U.S. Laminated Busbar Market
  - 8.4.1.1. Material breakdown estimates & forecasts, 2020-2030
  - 8.4.1.2. Insulation Material breakdown estimates & forecasts, 2020-2030
  - 8.4.1.3. End User breakdown estimates & forecasts, 2020-2030
- 8.4.2. Canada Laminated Busbar Market
8.5. Europe Laminated Busbar Market Snapshot
- 8.5.1. U.K. Laminated Busbar Market
- 8.5.2. Germany Laminated Busbar Market
- 8.5.3. France Laminated Busbar Market
- 8.5.4. Spain Laminated Busbar Market
- 8.5.5. Italy Laminated Busbar Market
- 8.5.6. Rest of Europe Laminated Busbar Market
8.6. Asia-Pacific Laminated Busbar Market Snapshot
- 8.6.1. China Laminated Busbar Market
- 8.6.2. India Laminated Busbar Market
- 8.6.3. Japan Laminated Busbar Market
- 8.6.4. Australia Laminated Busbar Market
- 8.6.5. South Korea Laminated Busbar Market
- 8.6.6. Rest of Asia Pacific Laminated Busbar Market
8.7. Latin America Laminated Busbar Market Snapshot
- 8.7.1. Brazil Laminated Busbar Market
- 8.7.2. Mexico Laminated Busbar Market
8.8. Middle East & Africa Laminated Busbar Market
- 8.8.1. Saudi Arabia Laminated Busbar Market
- 8.8.2. South Africa Laminated Busbar Market
- 8.8.3. Rest of Middle East & Africa Laminated Busbar Market

Chapter 9. Competitive Intelligence

9.1. Key Company SWOT Analysis
- 9.1.1. Company 1
- 9.1.2. Company 2
- 9.1.3. Company 3
9.2. Top Market Strategies
9.3. Company Profiles
- 9.3.1. Amphenol Corporation (US)
  - 9.3.1.1. Key Information
  - 9.3.1.2. Overview
  - 9.3.1.3. Financial (Subject to Data Availability)
  - 9.3.1.4. Product Summary
  - 9.3.1.5. Recent Developments
- 9.3.2. Methode Electronics, Inc. (US)
- 9.3.3. Mersen Group (France)
- 9.3.4. Rogers Corporation (US)
- 9.3.5. Sun.King Technology Group Limited (China)
- 9.3.6. Zhuzhou CRRC Times Electric Co., Ltd. (China)
- 9.3.7. Ryoden Kasei Co., Ltd. (Japan)
- 9.3.8. Shanghai Eagtop Electronics Technology Co., Ltd. (China)
- 9.3.9. Shenzhen Busbar Sci-Tech Development Co., Ltd. (China)
- 9.3.10. Storm Power Components (US)

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Laminated Busbar Market, report scope
TABLE 2. Global Laminated Busbar Market estimates & forecasts by region 2020-2030 (USD Million)
TABLE 3. Global Laminated Busbar Market estimates & forecasts by Material 2020-2030 (USD Million)
TABLE 4. Global Laminated Busbar Market estimates & forecasts by Insulation Material 2020-2030 (USD Million)
TABLE 5. Global Laminated Busbar Market estimates & forecasts by End User 2020-2030 (USD Million)
TABLE 6. Global Laminated Busbar Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 7. Global Laminated Busbar Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 8. Global Laminated Busbar Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 9. Global Laminated Busbar Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 10. Global Laminated Busbar Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 11. Global Laminated Busbar Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 12. Global Laminated Busbar Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 13. Global Laminated Busbar Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 14. Global Laminated Busbar Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 15. Global Laminated Busbar Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 16. U.S. Laminated Busbar Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 17. U.S. Laminated Busbar Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 18. U.S. Laminated Busbar Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 19. Canada Laminated Busbar Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 20. Canada Laminated Busbar Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 21. Canada Laminated Busbar Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 22. UK Laminated Busbar Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 23. UK Laminated Busbar Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 24. UK Laminated Busbar Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 25. Germany Laminated Busbar Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 26. Germany Laminated Busbar Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 27. Germany Laminated Busbar Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 28. France Laminated Busbar Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 29. France Laminated Busbar Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 30. France Laminated Busbar Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 31. Italy Laminated Busbar Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 32. Italy Laminated Busbar Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 33. Italy Laminated Busbar Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 34. Spain Laminated Busbar Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 35. Spain Laminated Busbar Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 36. Spain Laminated Busbar Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 37. RoE Laminated Busbar Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 38. RoE Laminated Busbar Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 39. RoE Laminated Busbar Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 40. China Laminated Busbar Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 41. China Laminated Busbar Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 42. China Laminated Busbar Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 43. India Laminated Busbar Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 44. India Laminated Busbar Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 45. India Laminated Busbar Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 46. Japan Laminated Busbar Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 47. Japan Laminated Busbar Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 48. Japan Laminated Busbar Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 49. South Korea Laminated Busbar Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 50. South Korea Laminated Busbar Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 51. South Korea Laminated Busbar Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 52. Australia Laminated Busbar Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 53. Australia Laminated Busbar Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 54. Australia Laminated Busbar Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 55. RoAPAC Laminated Busbar Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 56. RoAPAC Laminated Busbar Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 57. RoAPAC Laminated Busbar Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 58. Brazil Laminated Busbar Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 59. Brazil Laminated Busbar Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 60. Brazil Laminated Busbar Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 61. Mexico Laminated Busbar Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 62. Mexico Laminated Busbar Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 63. Mexico Laminated Busbar Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 64. RoLA Laminated Busbar Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 65. RoLA Laminated Busbar Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 66. RoLA Laminated Busbar Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 67. Saudi Arabia Laminated Busbar Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 68. South Africa Laminated Busbar Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 69. RoMEA Laminated Busbar Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 70. List of secondary sources, used in the study of global Laminated Busbar Market
TABLE 71. List of primary sources, used in the study of global Laminated Busbar Market
TABLE 72. Years considered for the study
TABLE 73. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Laminated Busbar Market, research methodology
FIG 2. Global Laminated Busbar Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Laminated Busbar Market, key trends 2022
FIG 5. Global Laminated Busbar Market, growth prospects 2023-2030
FIG 6. Global Laminated Busbar Market, porters 5 force model
FIG 7. Global Laminated Busbar Market, pest analysis
FIG 8. Global Laminated Busbar Market, value chain analysis
FIG 9. Global Laminated Busbar Market by segment, 2020 & 2030 (USD Million)
FIG 10. Global Laminated Busbar Market by segment, 2020 & 2030 (USD Million)
FIG 11. Global Laminated Busbar Market by segment, 2020 & 2030 (USD Million)
FIG 12. Global Laminated Busbar Market by segment, 2020 & 2030 (USD Million)
FIG 13. Global Laminated Busbar Market by segment, 2020 & 2030 (USD Million)
FIG 14. Global Laminated Busbar Market, regional snapshot 2020 & 2030
FIG 15. North America Laminated Busbar Market 2020 & 2030 (USD Million)
FIG 16. Europe Laminated Busbar Market 2020 & 2030 (USD Million)
FIG 17. Asia pacific Laminated Busbar Market 2020 & 2030 (USD Million)
FIG 18. Latin America Laminated Busbar Market 2020 & 2030 (USD Million)
FIG 19. Middle East & Africa Laminated Busbar Market 2020 & 2030 (USD Million)