Laminated Busbar Market 2024-2028
The laminated busbar market is forecasted to grow by USD 280.4 mn during 2023-2028, accelerating at a CAGR of 5.4% during the forecast period. The report on the laminated busbar market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by application of laminated busbars in evs, growing deployment of laminated busbars in power electronics, and advantages of laminated busbars.
Technavio's laminated busbar market is segmented as below:
- By Material
- Copper
- Aluminium
- Others
- By Geographical Landscape
- Europe
- APAC
- North America
- Middle East and Africa
- South America
This study identifies the rise in adoption of renewable energy as one of the prime reasons driving the laminated busbar market growth during the next few years. Also, launch of new laminated busbars and growing deployment of laminated busbars in electrical distribution systems will lead to sizable demand in the market.
The report on the laminated busbar market covers the following areas:
- Laminated Busbar Market sizing
- Laminated Busbar Market forecast
- Laminated Busbar Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading laminated busbar market vendors that include Amphenol Corp., Bevone, Electronic Systems Packaging LLC, EMS Elektro Metall Schwanenmuhle GmbH, Jans Copper Pvt. Ltd., KINTO Electric Co. Ltd, Mersen Corporate Services SAS, Methode Electronics Inc., Molex LLC, Raychem RPG Pvt. Ltd., Rogers Corp., Ryoden Kasei Co. Ltd., Schneider Electric SE, Segue Electronics Inc., Shanghai Yingfeng Electronic Technology Co. Ltd., Shenzhen Woer New Energy Electrical Technology Co. Ltd., Storm Power Components Co., Sun King Technology Group Ltd, Suzhou West Deane Machinery Inc., and Zhejiang RHI ELectric Co. Ltd.. Also, the laminated busbar market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.