The laminated busbar market is expected to grow from an estimated USD 723.6 Million in 2016 to USD 955.6 Million by 2021, registering a CAGR of 5.72% from 2016 to 2021.
“Laminated Busbar Market by Insulation (Epoxy Powder Coating, Kapton, Mylar, Nomex, Tedlar, and Teonex), End User (Power Electronics, Alternative Energy, Transportation, Telecom, Datacenters, A&D, Industrial), and Region – Global forecast to 2021”.
The global market is witnessing significant growth due to development of smart cities, increase in the contribution of renewable energy sources to the global power generation mix, and increasing awareness about energy efficiency and saving.
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- Laminated busbar manufacturers, dealers, and suppliers
- Renewable power generation and equipment manufacturing companies
- Switchgear and power cable manufacturing companies
- Energy management, audit, and green building consulting companies
- Copper and aluminum raw material suppliers
- Government and research organizations
- Environmental and industrial associations
- Banks, venture capitalists, financial institutions, and other investors
- Market research and consulting firms
Scope of the Report
The development of smart cities across the globe is expected to drive the growth of the laminated busbar market.
Laminated busbars form an indispensable part of renewable solar panels, wind turbines and motors used in renewable power generation. Thus, rise in renewable sources for power generation will boost the demand for laminated busbars.
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Leading players in the laminated busbar market include Amphenol Corporation (U.S.), Idealec SAS (France), Methode Electronics, Inc. (U.S.), Mersen S.A. (France), Rogers Corporation (U.S.), and Sun King Power Electronics Group Limited (China).
- Laminated Busbar Market, By Insulation Material
- Laminated Busbar Market: End-User vs Insulation Material
- Europe is Projected to Be the Largest Market During the Forecast Period
- Laminated Busbar Market, By End-User, 2021
- Life Cycle Analysis, By Region
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