HOME Research Insight Market Leaders – Laminated Busbar Market

Market Leaders – Laminated Busbar Market

The global laminated busbar market is projected to grow at a CAGR of 5.72% from 2016 to 2021. Europe is estimated to be the largest market for laminated busbars, followed by the Asia-Pacific. This trend is expected to continue till 2021. The growth of the laminated busbar market is driven by increase in the development of smart cities, increase in the contribution of renewable sources of energy to the global power generation mix, and increasing awareness about energy saving and efficiency.

The laminated busbar market is dominated by global players. Some of the key players operating in the market are 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).

Key strategies adopted by players in the laminated busbar market include contracts and agreements, new product launches, expansions, and mergers & acquisitions. Contracts and agreements was the most commonly adopted strategy, constituting 43% of total developments from 2013 to 2016. Industry players also adopted expansions and investments, which was the second most widely followed strategy during the same period.

Amphenol Corporation manufactures laminated busbars as part of their interconnect products and assemblies division, which accounted for more than 90% of the company’s total net sales in 2015. The company provides laminated busbars for wide range of markets namely automotive, broadband communications, commercial aerospace, industrial, information technology, data communications, military, mobile devices, and mobile networks. Amphenol acquired FCI Asia Pte Ltd. (Singapore) which strengthened their laminated busbar product portfolio in the Asian market. The company would also benefit from FCI s technological capabilities in the busbar segment. Amphenol also inaugurated a new manufacturing facility in Illinois (U.S.) to cater to the growing need for laminated busbars in the American market.

Rogers Corporation is one of the world’s leading providers of power electronics, advanced foams (cushioning and protective sealing), and high-frequency printed circuit materials. The company power electronics solutions division manufactures busbars and has manufacturing and administrative facilities located in Belgium, Germany, Hungary, and China. The company signed a licensing agreement with SBE Inc. (U.S.) which would enable Rogers to build capacitor busbar assemblies and improve the capabilities of the company in power distribution systems. Rogers Corporation also acquired Arlon, LLC (U.S.), a leading global provider of high frequency circuit materials and engineered silicones, which is expected to aid the company in providing better service to its customers.

Related Reports:

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

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