Planet Market Reports has added a report, titled, “Global Laminated Busbar Outlook, For Outdoor Power Market Forecast to 2023.”
Planet Market Reports projects that the Laminated Busbar market size will grow from USD 743.6 Million in 2017 to USD 1069.8 Million by 2023, at an estimated CAGR of 6.25%. The base year considered for the study is 2017, and the market size is projected from 2018 to 2023.
The continuously increasing demand for electric vehicles EVs and hybrid electric vehicle HEVs , along with the growing integration of renewable energies into main power supply grids is driving the laminated busbar market.The laminated busbar market has been segmented, by end-user, into power electronics, alternative energy, transportation, telecom, datacenters, aerospace and defense, industrial, and others. The power electronics segment led the laminated busbar market in 2017. Laminated busbars are mainly used in the parallel battery connection and wiring of EVs and HEVs. The increasing preference for clean, renewable energy sources is a major factor for the growth of the power electronics, alternative energy, and transportation end-user segments. On the basis of conductor material type, the laminated busbar market has been segmented into copper and aluminum. The copper segment is expected to be the fastest-growing segment during the forecast period. The superior thermal properties of copper material such as high conductivity, resistance to damage, and lower coefficient of linear expansion have resulted in copper conductors being preferred over aluminum.
By Market Players
Mersen , Methode Electronics , Rogers , Amphenol , Zhuzhou Crrc Times Electric , Sun.King Power Electronics , OEM Automatic , Idealac , Electronic Systems Packaging ESP , Ryoden Kasei , Suzhou West Deane Machinery , Storm Power Components , Shennan Circuits , Jans Copper , Shenzhen Woer New Energy, ,
By End-User
Power Electronics & Silicon Carbides , Alternative Energy , Transportation Alternative Fuel System, Traction Drive Among Other , Telecom , Datacenters
By Insulation Material
Epoxy Powder Coating , Teonex , Tedlar , Mylar , Nomex
By Conductor
Copper , Aluminum,
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Points Covered in The Report:
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The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. The historical data from 2012 to 2017 and forecast data from 2018 to 2023.
The growth factors of the market is discussed in detail wherein the different end users of the market are explained in detail.
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