Search for a report

GLOBAL LAMINATED BUSBAR MARKET FORECAST 2019-2027

  • You are here:
  • Home
  • Downloads
  • GLOBAL LAMINATED BUSBAR MARKET FORECAST 2019-2027

GLOBAL LAMINATED BUSBAR MARKET FORECAST 2019-2027

The laminated busbar market is estimated to grow from $XX million in 2018 to $1,338 million by 2027 at a CAGR of 6.03% between 2019 and 2027. The base year considered for the study is 2018 and the estimated period is between 2019 and 2027. Key factors that are responsible for the market advancement are:

GLOBAL LAMINATED BUSBAR MARKET FORECAST 2019-2027

Global Laminated Busbar Market by Conductor (Copper, Aluminum) by Insulation Material (Epoxy Powder Coating, Kapton, Mylar, Nomex, Tedlar, Teonex) by End-user (Aerospace & Defense, Alternative Energy, Datacenters, Industrial, Power Electronics & Silicon Carbides, Telecom, Transportation, Others) by Geography.

Request free sample

Laminated busbars consist of layers of fabricated conductors such as copper and aluminum that are separated using thin dielectric material and laminated into a unified structure. Laminated busbars offer several benefits such as better electric performance, low inductance, and lower noise and it can handle higher currents with minimal voltage drop furthermore, laminated busbars are the ideal choice for the situation of high-power distribution.

The laminated busbar market is estimated to grow from $XX million in 2018 to $1,338 million by 2027 at a CAGR of 6.03% between 2019 and 2027. The base year considered for the study is 2018 and the estimated period is between 2019 and 2027. Key factors that are responsible for the market advancement are:

  • Wide adoption of laminated busbars across batteries in electric & hybrid vehicles
  • Increasing dependence on non-renewable sources of energy
  • Growing awareness related to the reduction in greenhouse gases

However, the market is primarily driven by the wide adoption of laminated busbars across batteries in electric & hybrid vehicles. Combustion from automobile releases greenhouse gases such as CO2 which are very harmful to the environment. Electric vehicles run on an electric motor which is powered through electricity stored in batteries. They do not emit any harmful substances and hence are a better alternative than petrol and diesel vehicles. Laminated busbars are widely adopted across batteries in electric vehicles and hybrid electric vehicles for transferring electrical energy to inverter from battery pack.

In terms of conductor segment, copper leads the market in terms of revenue with around XX% market share in 2018. Copper laminated busbar contains flexible laminated copper connections that are formed using highly conductive electrolytic grade copper sheets & foil. Copper is also determined as the standard for electrical conductivity by the IACS (International Annealed Copper Standard) with a copper resistivity of around 1.724μΩcm at XX°C is assigned the XX% value. Copper as a conductor material gives approximately twice the tensile strength as compared with aluminum. Copper is more thermally conductive than aluminum. Consequently, it offers better short circuit performance to the conductor.

Laminated busbar market is also facing some challenges with growing volatility in metal prices across the globe, the unorganized structure of the market hampers the market revenue & the demand for steel industry is witnessing the sharp decline. Steel has a wide range of applications in heavy industries such as construction, mining, automobile, and marine. As busbars are used in the steel smelting industry, the decline in steel production affects market demand for busbars. China, a major contributor to the world steel market, should see stabilized demand as the country moves toward a consumer-led economy.

The report on global laminated busbar market includes segmentation on the basis of the conductor, insulation material and end-users.

Conductor is sub-segmented into:

  • Aluminum
  • Copper

Insulation Material is sub-segmented into:

  • Epoxy Powder Coating
  • Kapton
  • Mylar
  • Nomex
  • Tedlar
  • Teonex

End-users is sub-segmented into:

  • Aerospace & Defense
  • Alternative Energy
  • Datacenters
  • Industrial
  • Power Electronics & Silicon Carbides
  • Telecom
  • Transportation
  • Others

Geographically, the global laminated busbar market has been segmented on the basis of four major regions, which includes:

The regional paradigm of laminated busbar market is dominated by European region by capturing the largest market share in terms of revenue of XX% in 2018. Europe laminated busbar market is expected to be on up-surging trend owing to government efforts to promote energy efficiency in power distribution along with a focus to promote electric vehicles in the region.

For instance, energy efficiency directive has established a set of binding rules for countries of the European Union to use energy more efficiently at all the stages of energy chain (production to consumption). With the help of the directive, the EU aims to achieve XX% energy efficiency by 2020. Moreover, increasing greenhouse gas emission along with increasing energy demand is also creating new opportunities for the laminated busbar market in Europe.

On the flip side, the Asia Pacific region is expected to surge with the fastest growth rate during the forecasted period. The Asia-Pacific laminated busbar market is expected to be on the up-surging trend owing to rising government investment in smart grid infrastructure along with the government efforts to enhance power capacity and high investment in renewable sources of energy. The government efforts to develop the power transmission & distribution infrastructure and government investments to promote smart cities program are also expected to augment the growth of the laminated busbar market in the Asia-Pacific region during the forecast period.

The market has a number of players, and some of the key players involved in the global laminated busbar market are:

  • Zhuzhou CRRC Times Electric Co. Ltd.
  • SUN.KING Power Electronics Group Limited
  • Storm Power Components
  • Rogers Corporation
  • OEM Automatic Ltd.
  • Others

Market share analysis along with company profiles of the prominent market players are discussed in detail. Most of the companies are looking for strategies such as merger & acquisition, partnership, contracts, agreements, new product launch, to gain a competitive edge over other companies. For example, in November 2018, Sun.King Power Electronics Group Limited announced that the company had signed contracts worth approximately RMBXX million in relation to the provision of IGBT and IGBT modules to be used in the flexible DC transmission converter valves for Zhangbei Project and Wudongde Project. Up to now, the Group has signed contracts with a total amount of more than RMBXX billion relating to the provision of relevant products for the aforementioned two projects.

Meanwhile, the contract value from Wudongde Project is expected to grow further as the company is in negotiations with enterprises winning the contracts for Wudongde Project. In January 2019, Molex is expanding its autonomous and connected vehicle capabilities by working with Accenture and Amazon Web Services (AWS) to bring edge computing and voice assistant capabilities to the Molex Automotive Ethernet Network Platform. These new digital enhancements to the platform offer essential autonomous vehicle performance and communication functionality for automotive OEMs.

Key findings of the global laminated busbar market:

  • Increase in demand for electricity across the globe
  • Overview of the global manufacturing sector
  • Laminated busbars are widely adopted in the renewable/distributed energy systems
  • Europe to dominate the laminated busbar market
  • Numerous developments in china’s laminated busbar market
  • Usage of silicon carbide & power electronics
  • Global investments in renewable energy have increased briskly in the past few years
  • Asia Pacific region is expected to grow at the fastest rate
  • Increasing electricity demand

 

  1. RESEARCH SCOPE
    • STUDY GOALS
    • SCOPE OF THE MARKET STUDY
    • WHO WILL FIND THIS REPORT USEFUL?
    • STUDY AND FORECASTING YEARS
  2. RESEARCH METHODOLOGY
    • SOURCES OF DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • TOP-DOWN APPROACH
    • BOTTOM-UP APPROACH
    • DATA TRIANGULATION
  3. EXECUTIVE SUMMARY
    • MARKET SUMMARY
    • KEY FINDINGS
      • INCREASE IN DEMAND OF ELECTRICITY ACROSS THE GLOBE
      • OVERVIEW OF GLOBAL MANUFACTURING SECTOR
      • LAMINATED BUSBARS ARE WIDELY ADOPTED IN THE RENEWABLE/DISTRIBUTED ENERGY SYSTEMS
      • EUROPE TO DOMINATE THE LAMINATED BUSBAR MARKET
      • NUMEROUS DEVELOPMENTS IN CHINA’S LAMINATED BUSBAR MARKET
      • USAGE OF SILICON CARBIDE & POWER ELECTRONICS
      • GLOBAL INVESTMENTS IN RENEWABLE ENERGY HAS INCREASED BRISKLY IN PAST FEW YEARS
      • ASIA PACIFIC REGION IS EXPECTED TO GROW AT FASTEST RATE
      • INCREASING ELECTRICITY DEMAND
  1. MARKET DYNAMICS
    • ETYMOLOGY OF LAMINATED BUSBAR
    • MARKET SCOPE & DEFINITION
    • MARKET DRIVERS
      • WIDE ADOPTION OF LAMINATED BUSBARS ACROSS BATTERIES IN ELECTRIC & HYBRID VEHICLES
      • INCREASING DEPENDENCE ON NON-RENEWABLE SOURCES OF ENERGY
      • GROWING AWARENESS RELATED TO REDUCTION IN GREENHOUSE GASES
    • MARKET RESTRAINTS
      • UNORGANIZED STRUCTURE OF THE MARKET HAMPERS THE MARKET REVENUE
    • MARKET OPPORTUNITIES
      • UPSURGE IN SMART CITIES PROJECTS ACROSS THE GLOBE
      • GROWTH IN SWITCHGEARS MARKET TRIGGERS THE DEMAND FOR THE LAMINATED BUSBAR
      • INCREASING APPLICATION IN POWER ELECTRONICS
    • MARKET CHALLENGES
      • GROWING VOLATILITY IN METAL PRICES ACROSS THE GLOBE
      • DEMAND FOR STEEL INDUSTRY IS WITNESSING A SHARP DECLINE
  1. MARKET BY CONDUCTOR
    • COPPER
    • ALUMINUM
  2. MARKET BY INSULATION MATERIAL
    • EPOXY POWDER COATING
    • KAPTON
    • MYLAR
    • NOMEX
    • TEDLAR
    • TEONEX
  3. MARKET BY END-USER
    • AEROSPACE & DEFENSE
    • ALTERNATIVE ENERGY
    • DATACENTERS
    • INDUSTRIAL
    • POWER ELECTRONICS & SILICON CARBIDES
    • TELECOM
    • TRANSPORTATION
    • OTHERS
  4. KEY ANALYTICS
    • PORTER’S FIVE FORCE MODEL
      • THREAT OF NEW ENTRANTS
      • THREAT OF SUBSTITUTE
      • BARGAINING POWER OF SUPPLIERS
      • BARGAINING POWER OF BUYERS
      • THREAT OF COMPETITIVE RIVALRY
    • OPPORTUNITY MATRIX
    • VENDOR LANDSCAPE
    • VALUE CHAIN ANALYSIS
      • SUPPLIERS
      • ASSEMBLY & MANUFACTURING
      • RETAIL & MARKETING
      • END-USERS
    • LEGAL, POLICY & REGULATORY FRAMEWORK
  5. GEOGRAPHICAL ANALYSIS
    • NORTH AMERICA
      • UNITED STATES
      • CANADA
    • EUROPE
      • UNITED KINGDOM
      • FRANCE
      • ITALY
      • RUSSIA
      • SPAIN
      • GERMANY
      • REST OF EUROPE
    • ASIA PACIFIC
      • CHINA
      • INDIA
      • JAPAN
      • AUSTRALIA
      • SOUTH KOREA
      • REST OF ASIA PACIFIC
    • REST OF WORLD
      • LATIN AMERICA
      • MIDDLE EAST & AFRICA
  1. COMPETITIVE LANDSCAPE
    • MARKET SHARE ANALYSIS
    • KEY COMPANY ANALYSIS
      • ROGERS CORPORATION
      • AMPHENOL CORPORATION
      • MERSEN S.A.
      • KING POWER ELECTRONICS GROUP LIMITED
      • MOLEX INCORPORATED
    • COMPANY PROFILES
      • ZHUZHOU CRRC TIMES ELECTRIC CO. LTD.
        • OVERVIEW
        • PRODUCT PORTFOLIO
        • STRATEGIC INITIATIVES
        • SCOT ANALYSIS
      • KING POWER ELECTRONICS GROUP LIMITED
        • OVERVIEW
        • PRODUCT PORTFOLIO
        • STRATEGIC INITIATIVES
        • SCOT ANALYSIS
      • STORM POWER COMPONENTS
        • OVERVIEW
        • PRODUCT PORTFOLIO
        • SCOT ANALYSIS
      • ROGERS CORPORATION
        • OVERVIEW
        • PRODUCT PORTFOLIO
        • STRATEGIC INITIATIVES
        • SCOT ANALYSIS
      • OEM AUTOMATIC LTD.
        • OVERVIEW
        • PRODUCT PORTFOLIO
        • STRATEGIC INITIATIVES
        • SCOT ANALYSIS
      • MOLEX INCORPORATED
        • OVERVIEW
        • PRODUCT PORTFOLIO
        • STRATEGIC INITIATIVES
        • SCOT ANALYSIS
      • METHODE ELECTRONICS INC.
        • OVERVIEW
        • PRODUCT PORTFOLIO
        • STRATEGIC INITIATIVES
        • SCOT ANALYSIS
      • MERSEN S.A.
        • OVERVIEW
        • PRODUCT PORTFOLIO
        • STRATEGIC INITIATIVES
        • SCOT ANALYSIS
      • JANS COPPER PVT. LTD.
        • OVERVIEW
        • PRODUCT PORTFOLIO
        • STRATEGIC INITIATIVES
        • SCOT ANALYSIS
      • RAYCHEM RPG (P) LTD.
        • OVERVIEW
        • PRODUCT PORTFOLIO
        • STRATEGIC INITIATIVES
        • SCOT ANALYSIS
      • AMPHENOL CORPORATION
        • OVERVIEW
        • PRODUCT PORTFOLIO
        • STRATEGIC INITIATIVES
        • SCOT ANALYSIS
      • ELECTRONIC SYSTEMS PACKAGING LLC
        • OVERVIEW
        • PRODUCT PORTFOLIO
        • STRATEGIC INITIATIVES
        • SCOT ANALYSIS

TABLE LIST

TABLE 1. GLOBAL LAMINATED BUSBAR MARKET, BY GEOGRAPHY, 2019-2027 (IN $ MILLION)

TABLE 2. GLOBAL LAMINATED BUSBAR MARKET, BY CONDUCTOR, 2019-2027, (IN $ MILLION)

TABLE 3. GLOBAL COPPER MARKET, BY REGION, 2019-2027 (IN $ MILLION)

TABLE 4. GLOBAL ALUMINUM MARKET, BY REGION, 2019-2027 (IN $ MILLION)

TABLE 5. GLOBAL LAMINATED BUSBAR MARKET, BY INSULATION MATERIAL, 2019-2027, (IN $ MILLION)

TABLE 6. GLOBAL EPOXY POWDER COATING MARKET, BY REGION, 2019-2027 (IN $ MILLION)

TABLE 7. GLOBAL KAPTON MARKET, BY REGION, 2019-2027 (IN $ MILLION)

TABLE 8. GLOBAL MYLAR MARKET, BY REGION, 2019-2027 (IN $ MILLION)

TABLE 9. GLOBAL NOMEX MARKET, BY REGION, 2019-2027 (IN $ MILLION)

TABLE 10. GLOBAL TEDLAR MARKET, BY REGION, 2019-2027 (IN $ MILLION)

TABLE 11. GLOBAL TEONEX MARKET, BY REGION, 2019-2027 (IN $ MILLION)

TABLE 12. GLOBAL LAMINATED BUSBAR MARKET, BY END USER, 2019-2027, (IN $ MILLION)

TABLE 13. GLOBAL AEROSPACE & DEFENSE MARKET, BY REGION, 2019-2027 (IN $ MILLION)

TABLE 14. GLOBAL ALTERNATIVE ENERGY MARKET, BY REGION, 2019-2027 (IN $ MILLION)

TABLE 15. GLOBAL DATACENTERS MARKET, BY REGION, 2019-2027 (IN $ MILLION)

TABLE 16. GLOBAL INDUSTRIAL MARKET, BY REGION, 2019-2027 (IN $ MILLION)

TABLE 17. GLOBAL POWER ELECTRONICS & SILICON CARBIDES MARKET, BY REGION, 2019-2027 (IN $ MILLION)

TABLE 18. GLOBAL TELECOM MARKET, BY REGION, 2019-2027 (IN $ MILLION)

TABLE 19. GLOBAL TRANSPORTATION MARKET, BY REGION, 2019-2027 (IN $ MILLION)

TABLE 20. GLOBAL OTHERS MARKET, BY REGION, 2019-2027 (IN $ MILLION)

TABLE 21. OPPORTUNITY MATRIX

TABLE 22. VENDOR LANDSCAPE

TABLE 23. LEGAL, POLICY & REGULATORY FRAMEWORK

TABLE 24. GLOBAL LAMINATED BUSBAR MARKET, BY GEOGRAPHY, 2019-2027, (IN $ MILLION)

TABLE 25. NORTH AMERICA LAMINATED BUSBAR MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)

TABLE 26. EUROPE LAMINATED BUSBAR MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)

TABLE 27. ASIA PACIFIC LAMINATED BUSBAR MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)

TABLE 28. REST OF WORLD LAMINATED BUSBAR MARKET, BY REGION, 2019-2027 (IN $ MILLION)

FIGURE LIST

FIGURE 1. GLOBAL LAMINATED BUSBAR MARKET, BY CONDUCTOR, 2018 & 2027 (IN %)

FIGURE 2. GLOBAL LAMINATED BUSBAR MARKET, BY COPPER, 2019-2027 (IN $ MILLION)

FIGURE 3. GLOBAL LAMINATED BUSBAR MARKET, BY ALUMINUM, 2019-2027 (IN $ MILLION)

FIGURE 4. GLOBAL LAMINATED BUSBAR MARKET, BY EPOXY POWDER COATING, 2019-2027 (IN $ MILLION)

FIGURE 5. GLOBAL LAMINATED BUSBAR MARKET, BY KAPTON, 2019-2027 (IN $ MILLION)

FIGURE 6. GLOBAL LAMINATED BUSBAR MARKET, BY MYLAR, 2019-2027 (IN $ MILLION)

FIGURE 7. GLOBAL LAMINATED BUSBAR MARKET, BY NOMEX, 2019-2027 (IN $ MILLION)

FIGURE 8. GLOBAL LAMINATED BUSBAR MARKET, BY TEDLAR, 2019-2027 (IN $ MILLION)

FIGURE 9. GLOBAL LAMINATED BUSBAR MARKET, BY TEONEX, 2019-2027 (IN $ MILLION)

FIGURE 10. GLOBAL LAMINATED BUSBAR MARKET, BY AEROSPACE & DEFENSE, 2019-2027 (IN $ MILLION)

FIGURE 11. GLOBAL LAMINATED BUSBAR MARKET, BY ALTERNATIVE ENERGY, 2019-2027 (IN $ MILLION)

FIGURE 12. GLOBAL LAMINATED BUSBAR MARKET, BY DATACENTERS, 2019-2027 (IN $ MILLION)

FIGURE 13. GLOBAL LAMINATED BUSBAR MARKET, BY INDUSTRIAL, 2019-2027 (IN $ MILLION)

FIGURE 14. GLOBAL LAMINATED BUSBAR MARKET, BY POWER ELECTRONICS & SILICON CARBIDES, 2019-2027 (IN $ MILLION)

FIGURE 15. GLOBAL LAMINATED BUSBAR MARKET, BY TELECOM, 2019-2027 (IN $ MILLION)

FIGURE 16. GLOBAL LAMINATED BUSBAR MARKET, BY TRANSPORTATION, 2019-2027 (IN $ MILLION)

FIGURE 17. GLOBAL LAMINATED BUSBAR MARKET, BY OTHERS, 2019-2027 (IN $ MILLION)

FIGURE 18. PORTER’S FIVE FORCE ANALYSIS

FIGURE 19. VALUE CHAIN ANALYSIS

FIGURE 20. GLOBAL LAMINATED BUSBAR MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN %)

FIGURE 21. UNITED STATES LAMINATED BUSBAR MARKET, 2019-2027 (IN $ MILLION)

FIGURE 22. CANADA LAMINATED BUSBAR MARKET, 2019-2027 (IN $ MILLION)

FIGURE 23. UNITED KINGDOM LAMINATED BUSBAR MARKET, 2019-2027 (IN $ MILLION)

FIGURE 24. FRANCE LAMINATED BUSBAR MARKET, 2019-2027 (IN $ MILLIONS)

FIGURE 25. ITALY LAMINATED BUSBAR MARKET, 2019-2027 (IN $ MILLIONS)

FIGURE 26. RUSSIA LAMINATED BUSBAR MARKET, 2019-2027 (IN $ MILLIONS)

FIGURE 27. SPAIN LAMINATED BUSBAR MARKET, 2019-2027 (IN $ MILLIONS)

FIGURE 28. GERMANY LAMINATED BUSBAR MARKET, 2019-2027 (IN $ MILLIONS)

FIGURE 29. REST OF EUROPE LAMINATED BUSBAR MARKET, 2019-2027 (IN $ MILLIONS)

FIGURE 30. CHINA LAMINATED BUSBAR MARKET, 2019-2027 (IN $ MILLION)

FIGURE 31. INDIA LAMINATED BUSBAR MARKET, 2019-2027 (IN $ MILLION)

FIGURE 32. JAPAN LAMINATED BUSBAR MARKET, 2019-2027 (IN $ MILLION)

FIGURE 33. AUSTRALIA LAMINATED BUSBAR MARKET, 2019-2027 (IN $ MILLION)

FIGURE 34. SOUTH KOREA LAMINATED BUSBAR MARKET, 2019-2027 (IN $ MILLIONS)

FIGURE 35. REST OF ASIA PACIFIC LAMINATED BUSBAR MARKET, 2019-2027 (IN $ MILLION)

FIGURE 36. LATIN AMERICA LAMINATED BUSBAR MARKET, 2019-2027 (IN $ MILLION)

FIGURE 37. MIDDLE EAST & AFRICA LAMINATED BUSBAR MARKET, 2019-2027 (IN $ MILLION)

FIGURE 38. MARKET SHARE ANALYSIS OF KEY PLAYERS IN 2018 (IN %)

  1. MARKET BY CONDUCTOR
    • COPPER
    • ALUMINUM
  2. MARKET BY INSULATION MATERIAL
    • EPOXY POWDER COATING
    • KAPTON
    • MYLAR
    • NOMEX
    • TEDLAR
    • TEONEX
  3. MARKET BY END-USER
    • AEROSPACE & DEFENSE
    • ALTERNATIVE ENERGY
    • DATACENTERS
    • INDUSTRIAL
    • POWER ELECTRONICS & SILICON CARBIDES
    • TELECOM
    • TRANSPORTATION
    • OTHERS
  4. GEOGRAPHICAL ANALYSIS
    • NORTH AMERICA
      • UNITED STATES
      • CANADA
    • EUROPE
      • UNITED KINGDOM
      • FRANCE
      • ITALY
      • RUSSIA
      • SPAIN
      • GERMANY
      • REST OF EUROPE
    • ASIA PACIFIC
      • CHINA
      • INDIA
      • JAPAN
      • AUSTRALIA
      • SOUTH KOREA
      • REST OF ASIA PACIFIC
    • REST OF WORLD
      • LATIN AMERICA
      • MIDDLE EAST & AFRICA

To request a free sample copy of this report, please complete the form below :

We offer 10% free customization including country-level data, niche applications and competitive landscape with every report.


    Choose License Type

    Buy Now