Laminated Busbar Market by Material (Aluminum, Copper), Insulation Material (Epoxy Powder Coating, Heat-Resistant Fiber, Polyester Film), End-User - Global Forecast 2024-2030
The Laminated Busbar Market size was estimated at USD 1.19 billion in 2023 and expected to reach USD 1.26 billion in 2024, at a CAGR 5.76% to reach USD 1.77 billion by 2030.
Laminated busbars are multilayered systems of fabricated copper or aluminum conductors separated by thin insulating materials and laminated into a unified structure. They are used to conduct electricity within a compact and controlled footprint and are critical components in power distribution and electronic systems. The demand for electric vehicles and renewable energy systems drives the need for efficient power distribution solutions. In addition, the expansion of end-use sectors such as data centers and telecommunications have significantly contributed to the increasing demand for laminated busbars. However, fluctuating raw material prices and intense competition from existing and new entrants can impact the growth of the laminated busbars market. Furthermore, research into new insulating materials and incorporating smart technologies for monitoring and control can significantly offer growth opportunities for the market.
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- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Demand for safe and secure electrical distribution systems
- 5.1.1.2. Rapid expansion of renewable energy generation projects
- 5.1.2. Restraints
- 5.1.2.1. Fluctuating prices of raw materials used in laminated busbars
- 5.1.3. Opportunities
- 5.1.3.1. Renovation of aging electrical infrastructure and electrification projects
- 5.1.3.2. Adoption of the high-voltage direct current (HVDC) technology
- 5.1.4. Challenges
- 5.1.4.1. Complexity associated with the design and construction of laminated busbars
- 5.2. Market Segmentation Analysis
- 5.2.1. Material: Growing demand for copper laminated busbars due to their higher electrical conductivity
- 5.2.2. Insulation Material: Significant use of heat-resistant fiber in extreme temperature application
- 5.2.3. End-User: Adoption of laminated busbar in utilities sector
- 5.3. Market Disruption Analysis
- 5.4. Porter’s Five Forces Analysis
- 5.4.1. Threat of New Entrants
- 5.4.2. Threat of Substitutes
- 5.4.3. Bargaining Power of Customers
- 5.4.4. Bargaining Power of Suppliers
- 5.4.5. Industry Rivalry
- 5.5. Value Chain & Critical Path Analysis
- 5.6. Pricing Analysis
- 5.7. Technology Analysis
- 5.8. Patent Analysis
- 5.9. Trade Analysis
- 5.10. Regulatory Framework Analysis
- 6. Laminated Busbar Market, by Material
- 6.1. Introduction
- 6.2. Aluminum
- 6.3. Copper
- 7. Laminated Busbar Market, by Insulation Material
- 7.1. Introduction
- 7.2. Epoxy Powder Coating
- 7.3. Heat-Resistant Fiber
- 7.4. Polyester Film
- 7.5. Polyester Resin
- 7.6. Polyimide Film
- 8. Laminated Busbar Market, by End-User
- 8.1. Introduction
- 8.2. Commercial
- 8.3. Industrial
- 8.4. Residential
- 8.5. Utilities
- 9. Americas Laminated Busbar Market
- 9.1. Introduction
- 9.2. Argentina
- 9.3. Brazil
- 9.4. Canada
- 9.5. Mexico
- 9.6. United States
- 10. Asia-Pacific Laminated Busbar Market
- 10.1. Introduction
- 10.2. Australia
- 10.3. China
- 10.4. India
- 10.5. Indonesia
- 10.6. Japan
- 10.7. Malaysia
- 10.8. Philippines
- 10.9. Singapore
- 10.10. South Korea
- 10.11. Taiwan
- 10.12. Thailand
- 10.13. Vietnam
- 11. Europe, Middle East & Africa Laminated Busbar Market
- 11.1. Introduction
- 11.2. Denmark
- 11.3. Egypt
- 11.4. Finland
- 11.5. France
- 11.6. Germany
- 11.7. Israel
- 11.8. Italy
- 11.9. Netherlands
- 11.10. Nigeria
- 11.11. Norway
- 11.12. Poland
- 11.13. Qatar
- 11.14. Russia
- 11.15. Saudi Arabia
- 11.16. South Africa
- 11.17. Spain
- 11.18. Sweden
- 11.19. Switzerland
- 11.20. Turkey
- 11.21. United Arab Emirates
- 11.22. United Kingdom
- 12. Competitive Landscape
- 12.1. Market Share Analysis, 2023
- 12.2. FPNV Positioning Matrix, 2023
- 12.3. Competitive Scenario Analysis
- 12.3.1. STL Innovation Produces Busbars For Fully Electric British Hypercar
- 12.3.2. BISOL Launches New M10 Solar Modules
- 12.3.3. Mersen Selected To Provide Smart Laminated Busbars For Batteries For Acc (Automotive Cells Company)
- 12.4. Strategy Analysis & Recommendation
- 13. Competitive Portfolio
- 13.1. Key Company Profiles
- 13.2. Key Product Portfolio
- FIGURE 1. LAMINATED BUSBAR MARKET RESEARCH PROCESS
- FIGURE 2. LAMINATED BUSBAR MARKET SIZE, 2023 VS 2030
- FIGURE 3. GLOBAL LAMINATED BUSBAR MARKET SIZE, 2018-2030 (USD MILLION)
- FIGURE 4. GLOBAL LAMINATED BUSBAR MARKET SIZE, BY REGION, 2023 VS 2030 (%)
- FIGURE 5. GLOBAL LAMINATED BUSBAR MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 6. LAMINATED BUSBAR MARKET DYNAMICS
- FIGURE 7. GLOBAL LAMINATED BUSBAR MARKET SIZE, BY MATERIAL, 2023 VS 2030 (%)
- FIGURE 8. GLOBAL LAMINATED BUSBAR MARKET SIZE, BY MATERIAL, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 9. GLOBAL LAMINATED BUSBAR MARKET SIZE, BY INSULATION MATERIAL, 2023 VS 2030 (%)
- FIGURE 10. GLOBAL LAMINATED BUSBAR MARKET SIZE, BY INSULATION MATERIAL, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 11. GLOBAL LAMINATED BUSBAR MARKET SIZE, BY END-USER, 2023 VS 2030 (%)
- FIGURE 12. GLOBAL LAMINATED BUSBAR MARKET SIZE, BY END-USER, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 13. AMERICAS LAMINATED BUSBAR MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 14. AMERICAS LAMINATED BUSBAR MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 15. UNITED STATES LAMINATED BUSBAR MARKET SIZE, BY STATE, 2023 VS 2030 (%)
- FIGURE 16. UNITED STATES LAMINATED BUSBAR MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 17. ASIA-PACIFIC LAMINATED BUSBAR MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 18. ASIA-PACIFIC LAMINATED BUSBAR MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 19. EUROPE, MIDDLE EAST & AFRICA LAMINATED BUSBAR MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 20. EUROPE, MIDDLE EAST & AFRICA LAMINATED BUSBAR MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 21. LAMINATED BUSBAR MARKET SHARE, BY KEY PLAYER, 2023
- FIGURE 22. LAMINATED BUSBAR MARKET, FPNV POSITIONING MATRIX, 2023
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