Laminated Busbar Market Statistics, Trends, Analysis Size and Growth Factors,Applications, Products and Regions Till 2023
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.
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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:
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
By End-User
Power Electronics & Silicon Carbides ,
Alternative Energy , Transportation (Alternative Fuel System, Traction
Drive Among Other) , Telecom , Datacenters
By Insulation Material
By Insulation Material
Epoxy Powder Coating , Teonex ,
Tedlar , Mylar , Nomex
By Conductor
By Conductor
Copper , Aluminum
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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.
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