Laminated busbars are fabricated components with layers of engineered copper bars, separated with dielectric materials to form a unified construction. The structure is aimed to enhance stability and reliability of power devices and circuit integration for easier repair and maintenance. Laminated bus bars are efficient as they reduce system costs, eliminate wiring errors, and lower inductance. Multiple industries, including military, power electronics, computers, telecommunications, and other industries, uses multi-layered bus bar solutions on a regular basis.

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Rising focus on renewable energy, increasing demand for safe and secure electrical distribution systems, and cost-efficiency and operational benefits of laminated busbars are the key factors accelerating the growth of Laminated Busbar market. The rising demand for high-quality, consistent, and cost-effective power across industries coupled with uninterruptible power supply (UPS) systems, which support a wide range of power generation technologies, will drastically boost the demand for laminated busbar across the globe. A well-designed laminated bus bar provides mechanical improvement and electrical optimization within a UPS system. Laminated bus bars offer multiple benefits, including reducing part count, addressing component and personal safety issues, virtually eliminating assembly errors, and improving overall system cost. Hence, increasing benefits of the solution is catalyzing the growth of the market globally. On the other hand, low quality laminated bus bar wire and plates installed at capacitor might cause technical issues such as, transmission and heat loss, which might hamper the growth of the market.

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On the basis of material, the market is segmented into copper and aluminium. Among these, the copper segment is expected to grow at a higher CAGR during the forecast period. Copper offers higher conductivity and better load surge withstand capacity, therefore copper is considered best material for making laminated busbars and is widely used across different industries. Copper laminated bus bars are designed for commercial and industrial use to ensure safety and reduce initial costs.
Based on end-user, the market is segmented into utilities, industrial, commercial, and residential. Among these, the utilities segment is projected to grow at a higher CAGR during the forecast period owing to the growing power distribution infrastructure and increasing investments for renewable generation.

On the basis of insulation material, the market is segmented into epoxy power coating, polyester film, PVF film, polyester resin, heat-resistant fiber, and polyimide film. The epoxy power coating segment is projected to grow at a higher CAGR during the forecast period. Epoxy powder coated laminated bus bars are majorly used for motor drive applications and switch gears. Such properties make these laminated busbars makes them suitable for different industries and increases the demand of the segment in Laminated busbar market.

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Based on the region, Europe is projected to grow at a higher CAGR during the forecast period due to the growing construction activities, rising share of renewable energies, and increasing power demand in the region. Moreover, the Asia-Pacific region is expected to grow at a higher CAGR during the forecast period owing to the increasing support from government on renewable energy projects and the rising emphasis on reducing the emission of greenhouse gases in the region.

The key players in the market include Rogers Corporation, Amphenol Corporation, Mersen SA, Methode Electronics Inc, Sun.King Power Electronics, Auxel FTG, Idealec SAS, Ryoden Kasei Corporation, Shanghai Eagtop Electronic Technology, and Chevron Corporation among others.

Key Developments:

• • In 2018, Mersen SA acquired FTCAP, wherein FTCAP acted as an independent subsidiary. Through this acquisition, Mersen SA expanded its range of capacitors, which are mainly used for the development of powerful and efficient electronic systems.

The Global Laminated Busbar market has been segmented based on Material, End-User, Insulation Material, and key Region. Based on Material, the market is segmented into Copper and Aluminium. Based on End-User, the market is segmented into Utilities, Industrial, Commercial, and Residential. Based on Insulation Material, the market is segmented into Epoxy Powder Coating, Polyester Film, PVF Film, Polyester Resin, Heat-Resistant Fiber, and Polyimide Film.

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Key questions answered in this research report:

• • At what pace is the Global Laminated Busbar market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in Global Laminated Busbar market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenue and forecast breakdowns? Which are the major regional revenue pockets for growth in the Global Laminated Busbar market?
  • What are the materials used in Global Laminated Busbar market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

 

Report Coverage	Details
Market Base Year	2019
Market Forecast Period	2020-2027
Market Revenues Currency	USD Million
Base Year & Forecast Units	Value (USD Million)
Market Segment	By Material, By End-User, By Insulation Material, and By Region
Regional Coverage	Asia Pacific, Europe, North America, and RoW
Companies Profiled	Rogers Corporation, Amphenol Corporation, Mersen SA, Methode Electronics Inc, Sun.King Power Electronics, Auxel FTG, Idealec SAS, Ryoden Kasei Corporation, Shanghai Eagtop Electronic Technology, Chevron Corporation
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

 

Market Segmentation

Global Laminated Busbar Market by Material

• • Copper
  • Aluminium

Global Laminated Busbar Market by End-User

• • Utilities
  • Industrial
  • Commercial
  • Residential

Global Laminated Busbar Market by Insulation Material

• • Epoxy Powder Coating
  • Polyester Film
  • PVF Film
  • Polyester Resin
  • Heat-Resistant Fiber
  • Polyimide Film

Global Laminated Busbar Market by Region

• • North America Laminated Busbar Market
    Option 1: As a part of the free 25% customization
    • By Material
    • By End-User
    • By Insulation Material
    • US All-Up Laminated Busbar Market
    • Canada All-Up Laminated Busbar Market
  • Europe Laminated Busbar Market
    Option 2: As a part of the free 25% customization
    • By Material
    • By End-User
    • By Insulation Material
    • UK All-Up Laminated Busbar Market
    • Germany All-Up Laminated Busbar Market
    • Rest of Europe All-Up Laminated Busbar Market
  • Asia-Pacific Laminated Busbar Market
    Option 3: As a part of the free 25% customization
    • By Material
    • By End-User
    • By Insulation Material
    • China All-Up Laminated Busbar Market
    • India All-Up Laminated Busbar Market
    • Rest of Asia-Pacific All-Up Laminated Busbar Market
  • RoW Laminated Busbar Market
    Option 4: As a part of the free 25% customization
    • By Material
    • By End-User
    • By Insulation Material
    • U.A.E. All-Up Laminated Busbar Market
    • Brazil All-Up Laminated Busbar Market
    • Rest of World (remaining countries of LAMEA) All-Up Laminated Busbar Market

Leading Market Players (Option 5: As a part of the free 25% customization – Profiles of 5 Additional Companies of your Choice)

• • Rogers Corporation
  • Amphenol Corporation
  • Mersen SA
  • Methode Electronics Inc
  • Sun.King Power Electronics
  • Auxel FTG
  • Idealec SAS
  • Ryoden Kasei Corporation
  • Shanghai Eagtop Electronic Technology
  • Chevron Corporation