Laminated Busbar Market worth USD 955.6 Million by 2021, at a CAGR of 5.72%


Posted August 18, 2017 by Dsiddhant

The laminated busbar market is expected to grow from an estimated USD 723.6 Million in 2016 to USD 955.6 Million by 2021, at a CAGR of 5.72% from 2016 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.

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 during the forecast period, owing to their applications in heavy industries such as steel, automotive and other manufacturing industries.

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Target Audience:

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).

Premium Insights

· 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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Contact Email [email protected]
Issued By MarketsandMarkets
Country United States
Categories Business
Last Updated August 18, 2017