Laminated Busbar Market Report: Trends, Forecast and Competitive Analysis to 2030

Laminated Busbar Trends and Forecast

The future of the global laminated busbar market looks promising with opportunities in the utilities, industrial, commercial, and industrial markets. The global laminated busbar market is expected to reach an estimated $1.6 billion by 2030 with a CAGR of 6.8% from 2024 to 2030. The major drivers for this market are increasing use of related infrastructures in both private and industrial settings, growing consumer desire for fast and small devices across the globe, as well as, increased emphasis on using more environmentally friendly power sources and ensuring requirement to modify power distribution infrastructures.

A more than 150-page report is developed to help in your business decisions.

Laminated Busbar by Segment

The study includes a forecast for the global laminated busbar by material, end use industry, insulation material, and region.

Laminated Busbar Market by Material [Shipment Analysis by Value from 2018 to 2030]:

• Copper
• Aluminum

Laminated Busbar Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:

• Utilities
• Industrial
• Commercial
• Residential

Laminated Busbar Market by Insulation Material [Shipment Analysis by Value from 2018 to 2030]:

• Epoxy Powder Coating
• Polyester Film
• Polyimide Film
• Heat Resistant Fiber
• Polyester Resin
• PVF Film

Laminated Busbar Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Laminated Busbar Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies laminated busbar companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the laminated busbar companies profiled in this report include-

• Storm Power Components
• Methode Electronics
• Rogers Corporation
• Idealec SAS
• Mersen
• Amphenol Corporation
• Electronic Systems Packaging
• Power Electronics Group
• Suzhou West Deane Machinery
• Shennan Circuits

Laminated Busbar Market Insights

Lucintel forecasts that copper is expected to witness the higher growth over the forecast period because it has properties such as, high conductivity, and lower coefficient of linear expansion.

APAC will remain the largest region over the forecast period because of fast industrialization, the burgeoning renewable energy industry, and the rising electronics and automobile industries in the region.

Features of the Global Laminated Busbar Market

Market Size Estimates: Laminated busbar market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Laminated busbar market size by material, end use industry, insulation material, and region in terms of value ($B).

Regional Analysis: Laminated busbar market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different material, end use industry, insulation material, and regions for the laminated busbar market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the laminated busbar market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the laminated busbar market size?

Answer: The global laminated busbar market is expected to reach an estimated $1.6 billion by 2030.

Q2. What is the growth forecast for laminated busbar market?

Answer: The global laminated busbar market is expected to grow with a CAGR of 6.8% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the laminated busbar market?

Answer: The major drivers for this market are increasing use of related infrastructures in both private and industrial settings, growing consumer desire for fast and small devices across the globe, as well as, increased emphasis on using more environmentally friendly power sources and ensuring requirement to modify power distribution infrastructures.

Q4. What are the major segments for laminated busbar market?

Answer: The future of the global laminated busbar market looks promising with opportunities in the utilities, industrial, commercial, and industrial markets.

Q5. Who are the key laminated busbar market companies?

Answer: Some of the key laminated busbar companies are as follows:

• Storm Power Components
• Methode Electronics
• Rogers Corporation
• Idealec SAS
• Mersen
• Amphenol Corporation
• Electronic Systems Packaging
• Power Electronics Group
• Suzhou West Deane Machinery
• Shennan Circuits

Q6. Which laminated busbar market segment will be the largest in future?

Answer: Lucintel forecasts that copper is expected to witness the higher growth over the forecast period because it has properties such as, high conductivity, and lower coefficient of linear expansion.

Q7. In laminated busbar market, which region is expected to be the largest in next 5 years?

Answer: APAC will remain the largest region over the forecast period because of fast industrialization, the burgeoning renewable energy industry, and the rising electronics and automobile industries in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the laminated busbar market by material (copper and aluminum), end use industry (utilities, industrial, commercial, and residential), insulation material (epoxy powder coating, polyester film, polyimide film, heat resistant fiber, polyester resin, and PVF film), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?