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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. Sample figures with some insights are shown below.
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?
For any questions related to Laminated Busbar Market, Laminated Busbar Market Size, Laminated Busbar Market Growth, Laminated Busbar Market Analysis, Laminated Busbar Market Report, Laminated Busbar Market Share, Laminated Busbar Market Trends, Laminated Busbar Market Forecast, Laminated Busbar Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Laminated Busbar Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Laminated Busbar Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Laminated Busbar Market by Material
3.3.1: Copper
3.3.2: Aluminum
3.4: Global Laminated Busbar Market by End Use Industry
3.4.1: Utilities
3.4.2: Industrial
3.4.3: Commercial
3.4.4: Residential
3.5: Global Laminated Busbar Market by Insulation Material
3.5.1: Epoxy Powder Coating
3.5.2: Polyester Film
3.5.3: Polyimide Film
3.5.4: Heat Resistant Fiber
3.5.5: Polyester Resin
3.5.6: PVF Film
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Laminated Busbar Market by Region
4.2: North American Laminated Busbar Market
4.2.2: North American Laminated Busbar Market by End Use Industry: Utilities, Industrial, Commercial, and Residential
4.3: European Laminated Busbar Market
4.3.1: European Laminated Busbar Market by Material: Copper and Aluminum
4.3.2: European Laminated Busbar Market by End Use Industry: Utilities, Industrial, Commercial, and Residential
4.4: APAC Laminated Busbar Market
4.4.1: APAC Laminated Busbar Market by Material: Copper and Aluminum
4.4.2: APAC Laminated Busbar Market by End Use Industry: Utilities, Industrial, Commercial, and Residential
4.5: ROW Laminated Busbar Market
4.5.1: ROW Laminated Busbar Market by Material: Copper and Aluminum
4.5.2: ROW Laminated Busbar Market by End Use Industry: Utilities, Industrial, Commercial, and Residential
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Laminated Busbar Market by Material
6.1.2: Growth Opportunities for the Global Laminated Busbar Market by End Use Industry
6.1.3: Growth Opportunities for the Global Laminated Busbar Market by Insulation Material
6.1.4: Growth Opportunities for the Global Laminated Busbar Market by
6.1.5: Growth Opportunities for the Global Laminated Busbar Market by Region
6.2: Emerging Trends in the Global Laminated Busbar Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Laminated Busbar Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Laminated Busbar Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Storm Power Components
7.2: Methode Electronics
7.3: Rogers Corporation
7.4: Idealec SAS
7.5: Mersen
7.6: Amphenol Corporation
7.7: Electronic Systems Packaging
7.8: Power Electronics Group
7.9: Suzhou West Deane Machinery
7.10: Shennan Circuits
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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