Laminated Busbar Market worth 955.6 Million USD by 2021 Laminated Busbar Market

Laminated Busbar Market worth 955.6 Million USD by 2021
The report "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 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. 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.
Objectives of the Study
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To define, describe, and forecast the global laminated busbar market by insulation material, end-
user, and region
To provide detailed information regarding major factors influencing the growth of the laminated
busbar market (drivers, restraints, opportunities, industry-specific challenges related to the market)
To strategically analyze the laminated busbar market with respect to individual growth trends,
future prospects, and contribution of each segment to the market
To strategically profile key players and comprehensively analyze their market shares and core
competencies
To track and analyze competitive developments such as contracts & agreements, expansions, new
product developments, and mergers & acquisitions in the laminated busbar market
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The major players of market
To enable an in-depth understanding of the competitive landscape, the report includes profiles of some of
the leading players in the laminated busbar market. These players 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). Leading players are trying to penetrate the
markets in developing economies and are adopting various strategies to increase their market share.
Europe: The leading market for laminated busbar
In this report, the laminated busbar market has been analyzed with respect to five regions, namely, North
America, Europe, Asia-Pacific, South America, and the Middle East & Africa. Europe is expected to
dominate the global laminated busbar market, given the increasing utilization of steel in various industries
such as mechanical, shipbuilding, automotive, appliances, packaging, construction, and transportation.
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Epoxy Powder Coating segment is expected to hold the largest share of the laminated busbar market,
by insulation material, during the forecast period
The epoxy powder coating segment led the overall laminated busbar market in 2015, owing to the increasing
demand for busbars across the globe. Epoxy powder coating also costs relatively less in comparison with