HOME Top Market Reports Laminated Busbar Market by Insulation (Epoxy Powder Coating, Kapton, Mylar, Tedlar, Nomex, Tonnex), Conductor (Copper, Aluminum), End-User (Power Electronics, Alternative Energy, Transportation, Telecom), and Region - Global Forecast to 2022

Laminated Busbar Market by Insulation (Epoxy Powder Coating, Kapton, Mylar, Tedlar, Nomex, Tonnex), Conductor (Copper, Aluminum), End-User (Power Electronics, Alternative Energy, Transportation, Telecom), and Region - Global Forecast to 2022

By: marketsandmarkets.com
Publishing Date: December 2017
Report Code: EP 4596

 

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The laminated busbar market was valued at USD 723.6 Million in 2016 and expected to grow at a CAGR of 6.21%, from 2017 to 2022, to reach a projected USD 1,004.5 Million by 2022. The growth of the laminated busbar market can be attributed to the increased adoption of electric vehicles and hybrid electric vehicles, along with the increased share of renewable energies in the primary energy mix. The laminated busbar market has been segmented by end-user, insulation material, conductor, and region.

The years considered for the study are:

  • Base Year: 2016
  • Estimated Year: 2017
  • Projected Year: 2022
  • Forecast Period: 2017 to 2022

The base year considered for company profiles is 2016. Whenever information was unavailable for the base year, the prior year has been considered.

Objectives of the Study

  • To define, describe, and forecast the laminated busbar market by end-user, insulation material, conductor, and region
  • To provide detailed information regarding the major factors influencing the growth of the laminated busbar market (drivers, restraints, opportunities, and challenges)
  • To strategically analyze the laminated busbar market with respect to individual growth trends, future prospects, and the contribution of each segment to the market
  • To track and analyze competitive developments, such as contracts & agreements, new product launches, expansions and investments, and partnerships and collaborations, in the laminated busbar market
  • To strategically profile the key players and comprehensively analyze their market shares and core competencies

Research Methodology

This research study involved the use of extensive secondary sources, directories, and databases, such as Hoover’s, Bloomberg Businessweek, Factiva, and OneSource, to identify and collect information useful for a technical, market-oriented, and commercial study of the laminated busbar market. Primary sources are mainly industry experts from core and related industries, preferred suppliers, manufacturers, distributors, service providers, technology developers, standards and certification organizations of companies, and organizations related to all the segments of this industry’s value chain. The research methodology has been explained below.

  • Study of the annual revenues and market developments of the major players that provide laminated busbars
  • Assessment of future trends and growth of end-users
  • Assessment of the laminated busbar market with respect to the various insulation materials used for different applications
  • Study of the contracts and developments related to the laminated busbar market by key players across different regions
  • Finalization of overall market sizes by triangulating the supply-side data, which includes product developments, supply chain, and annual revenues of companies supplying laminated busbars across the globe

After arriving at the overall market size, the total market has been split into several segments and sub-segments. The figure below illustrates the breakdown of primaries conducted during the research study on the basis of company type, designation, and region.

Laminated Busbar Market

To know about the assumptions considered for the study, download the pdf brochure

Market Ecosystem:

Laminated busbars are engineered components, in which copper or aluminum conductor layers are coated with dielectric insulation materials. The laminated busbar market starts with the parent busbar market. Laminated busbar manufacturers either produce busbars in-house or import them from other busbar manufacturers. Laminated busbars are then supplied to various end-users in the power electronics and silicon carbide, transportation, alternative energy, and datacentres sectors. The major players in the laminated busbar market include Rogers Corporation (US), Amphenol Corporation (US), Mersen (France), Idealec SAS (France), and Sun King Power Electronics Group Limited (China).

Target Audience:

The report’s target audience includes:

  • 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:

  • By Insulation
    • Epoxy Powder Coating
    • Teonex
    • Tedlar
    • Mylar
    • Nomex
    • Kapton
  • By End-User
    • Power Electronics and Silicon Carbide
    • Alternative Energy
    • Transportation
    • Telecom
    • Datacenters
    • Aerospace and Defense
    • Industrial
    • Others
  • By Conductor
    • Copper
    • Aluminum
  • By Region
    • North America
    • Europe
    • Asia Pacific
    • South America
    • Middle East & Africa

Available Customizations:

With the given market data, MarketsandMarkets offers customizations as per the client’s specific needs. The following customization options are available for the report:

Regional Analysis

  • Further breakdown of region/country-specific analysis

Company Information

  • Detailed analyses and profiling of additional market players (up to 5)

Table of Contents

1 Introduction (Page No. - 13)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Markets Covered
           1.3.2 Regional Scope
           1.3.3 Years Considered for the Study
    1.4 Currency
    1.5 Stakeholders

2 Research Methodology (Page No. - 16)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Key Industry Insights
                    2.1.2.3 Breakdown of Primaries
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
    2.3 Market Breakdown & Data Triangulation
    2.4 Research Assumptions

3 Executive Summary (Page No. - 24)

4 Premium Insights (Page No. - 29)
    4.1 Attractive Opportunities in the Laminated Busbar Market
    4.2 Laminated Busbar Market, By Conductor
    4.3 European Laminated Busbar Market, By End-User & Country
    4.4 Laminated Busbar Market, By Insulation Material

5 Market Overview (Page No. - 32)
    5.1 Introduction
    5.2 Advantages of Busbars Over Cables
    5.3 Market Dynamics
           5.3.1 Drivers
                    5.3.1.1 Increasing Demand for Hybrid & Electric Vehicles
                    5.3.1.2 Increase in Renewable Energy Integration
                    5.3.1.3 Increasing Awareness About Energy Saving and Efficiency
           5.3.2 Restraints
                    5.3.2.1 Unorganized Market Providing Low-Quality and Inexpensive Products
           5.3.3 Opportunities
                    5.3.3.1 Growing Switchgears Market
                    5.3.3.2 Growing Number of Smart Cities
           5.3.4 Challenges
                    5.3.4.1 Instability of Raw Material Prices

6 Laminated Busbar Market, By End-User (Page No. - 37)
    6.1 Introduction
    6.2 Power Electronics & Silicon Carbides
    6.3 Alternative Energy
    6.4 Transportation (Alternative Fuel System, Traction Drive Among Other)
    6.5 Telecom
    6.6 Datacenters
    6.7 Aerospace & Defense
    6.8 Industrial (Motor Drives, Forklift Truck, Among Others)
    6.9 Others (Laboratories & Research Applications)

7 Laminated Busbar Market, By Insulation Material (Page No. - 49)
    7.1 Introduction
    7.2 Epoxy Powder Coating
    7.3 Teonex
    7.4 Tedlar
    7.5 Mylar
    7.6 Nomex
    7.7 Kapton

8 Laminated Busbar Market, By Conductor (Page No. - 55)
    8.1 Introduction
    8.2 Copper
    8.3 Aluminum

9 Laminated Busbar Market, By Region (Page No. - 59)
    9.1 Introduction
    9.2 Europe
           9.2.1 Germany
           9.2.2 France
           9.2.3 UK
           9.2.4 Russia
           9.2.5 Rest of Europe
    9.3 Asia Pacific
           9.3.1 China
           9.3.2 Japan
           9.3.3 India
           9.3.4 South Korea
           9.3.5 Rest of Asia Pacific
    9.4 North America
           9.4.1 US
           9.4.2 Canada
           9.4.3 Mexico
    9.5 South America
           9.5.1 Brazil
           9.5.2 Argentina
           9.5.3 Rest of South America
    9.6 Middle East & Africa
           9.6.1 Saudi Arabia
           9.6.2 UAE
           9.6.3 Qatar
           9.6.4 South Africa
           9.6.5 Rest of the Middle East & Africa

10 Competitive Landscape (Page No. - 97)
     10.1 Overview
     10.3 Market Ranking Analysis
     10.4 Competitive Scenario
             10.4.1 Competitive Situation & Trends
             10.4.2 Contracts & Agreements
             10.4.3 Mergers & Acquisitions
             10.4.4 Expansions
             10.4.5 New Product Launches
             10.4.6 Partnerships

11 Company Profiles (Page No. - 102)
(Business Overview, Products Offered, Recent Developments, MnM View, SWOT Analysis)*
     11.1 Mersen
     11.2 Methode Electronics
     11.3 Rogers
     11.4 Amphenol
     11.5 Zhuzhou Crrc Times Electric
     11.6 Sun.King Power Electronics
     11.7 OEM Automatic
     11.8 Idealac
     11.9 Electronic Systems Packaging (ESP)
     11.10 Ryoden Kasei
     11.11 Suzhou West Deane Machinery
     11.12 Storm Power Components
     11.13 Shennan Circuits
     11.14 Jans Copper
     11.15 Shenzhen Woer New Energy

*Business Overview, Products Offered, Recent Developments, MnM View, SWOT Analysis Might Not Be Captured in Case of Unlisted Companies.

12 Appendix (Page No. - 134)
     12.1 Insights of Industry Experts
     12.2 Discussion Guide
     12.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     12.4 Introducing RT: Real-Time Market Intelligence
     12.5 Available Customizations
     12.6 Related Reports
     12.7 Author Details


List of Tables (76 Tables)

Table 1 Lamintaed Busbar Market Snapshot
Table 2 Laminated Busbar Market Size, By End-User, 2015–2022 (USD Million)
Table 3 Power Electronics & Silicon Carbides: Laminated Busbar Market Size, By Region, 2015–2022 (USD Million)
Table 4 Power Electronics & Silicon Carbides: Laminated Busbar Market Size, By Top Country of Each Region, 2015–2022 (USD Million)
Table 5 Alternative Energy: Laminated Busbar Market Size, By Region, 2015–2022 (USD Million)
Table 6 Alternative Energy: Laminated Busbar Market Size, By Top Country of Each Region, 2015–2022 (USD Million)
Table 7 Transportation: Laminated Busbar Market Size, By Region, 2015–2022 (USD Million)
Table 8 Transportation: Laminated Busbar Market Size, By Top Country of Each Region, 2015–2022 (USD Million)
Table 9 Telecom: Laminated Busbar Market Size, By Region, 2015–2022 (USD Million)
Table 10 Telecom: Laminated Busbar Market Size, By Top Country of Each Region, 2015–2022 (USD Million)
Table 11 Datacenters: Laminated Busbar Market Size, By Region, 2015–2022 (USD Million)
Table 12 Datacenters: Laminated Busbar Market Size, By Top Country of Each Region, 2015–2022 (USD Million)
Table 13 Aerospace & Defense: Laminated Busbar Market Size, By Region, 2015–2022 (USD Million)
Table 14 Aerospace & Defense: Laminated Busbar Market Size, By Top Country of Each Region, 2015–2022 (USD Million)
Table 15 Industrial: Laminated Busbar Market Size, By Region, 2015–2022 (USD Million)
Table 16 Industrial: Laminated Busbar Market Size, By Top Country of Each Region, 2015–2022 (USD Million)
Table 17 Others: Laminated Busbar Market Size, By Region, 2015–2022 (USD Million)
Table 18 Others: Laminated Busbar Market Size, By Top Country of Each Region, 2015–2022 (USD Million)
Table 19 Laminated Busbar Market, By Insulation Material, 2015–2022 (USD Million)
Table 20 Epoxy Powder Coating: Laminated Busbar Market, By Region, 2015–2022 (USD Million)
Table 21 Teonex: Laminated Busbar Market, By Region, 2015–2022 (USD Million)
Table 22 Tedlar: Laminated Busbar Market, By Region, 2015–2022 (USD Million)
Table 23 Mylar: Laminated Busbar Market, By Region, 2015–2022 (USD Million)
Table 24 Nomex: Laminated Busbar Market, By Region, 2015–2022 (USD Million)
Table 25 Kapton: Laminated Busbar Market, By Region, 2015–2022 (USD Million)
Table 26 Laminated Busbar Market Size, By Conductor, 2015–2022 (USD Million)
Table 27 Copper: Laminated Busbar Market Size, By Region, 2015–2022 (USD Million)
Table 28 Aluminum: Laminated Busbar Market Size, By Region, 2015–2022 (USD Million)
Table 29 Laminated Busbar Market Size, By Region, 2015–2022 (USD Million)
Table 30 Europe: Laminated Busbar Market Size, By Country, 2015–2022 (USD Million)
Table 31 Europe: Laminated Busbar Market Size, By End-User, 2015–2022 (USD Million)
Table 32 Europe: Laminated Busbar Market Size, By Insulation Material, 2015–2022 (USD Million)
Table 33 Europe: Laminated Busbar Market Size, By Conductor, 2015–2022 (USD Million)
Table 34 Germany: Laminated Busbar Market Size, By End-User, 2015–2022 (USD Million)
Table 35 France: Laminated Busbar Market Size, By End-User, 2015–2022 (USD Million)
Table 36 UK: Laminated Busbar Market Size, By End-User, 2015–2022 (USD Million)
Table 37 Russia: Laminated Busbar Market Size, By End-User, 2015–2022 (USD Million)
Table 38 Rest of Europe: Laminated Busbar Market Size, By End-User, 2015–2022 (USD Million)
Table 39 Asia Pacific: Laminated Busbar Market Size, By Country, 2015–2022 (USD Million)
Table 40 Asia Pacific: Laminated Busbar Market Size, By End-User, 2015–2022 (USD Million)
Table 41 Asia Pacific: Laminated Busbar Market Size, By Insulation Material, 2015–2022 (USD Million)
Table 42 Asia Pacific: Laminated Busbar Market Size, By Conductor, 2015–2022 (USD Million)
Table 43 China: Laminated Busbar Market Size, By End-User, 2015–2022 (USD Million)
Table 44 Japan: Laminated Busbar Market Size, By End-User, 2015–2022 (USD Million)
Table 45 India: Laminated Busbar Market Size, By End-User, 2015–2022 (USD Million)
Table 46 South Korea: Laminated Busbar Market Size, By End-User, 2015–2022 (USD Million)
Table 47 Rest of Asia Pacific: Laminated Busbar Market Size, By End-User, 2015–2022 (USD Million)
Table 48 North America: Laminated Busbar Market Size, By Country, 2015–2022 (USD Million)
Table 49 North America: Laminated Busbar Market Size, By End-User, 2015–2022 (USD Million)
Table 50 North America: Laminated Busbar Market Size, By Insulation Material, 2015–2022 (USD Million)
Table 51 North America: Laminated Busbar Market Size, By Conductor, 2015–2022 (USD Million)
Table 52 US: Laminated Busbar Market Size, By End-User, 2015–2022 (USD Million)
Table 53 Canada: Laminated Busbar Market Size, By End-User, 2015–2022 (USD Million)
Table 54 Mexico: Laminated Busbar Market Size, By End-User, 2015–2022 (USD Million)
Table 55 South America: Laminated Busbar Market Size, By Country, 2015–2022 (USD Million)
Table 56 South America: Laminated Busbar Market Size, By End-User, 2015–2022 (USD Million)
Table 57 South America: Laminated Busbar Market Size, By Insulation Material, 2015–2022 (USD Million)
Table 58 South America: Laminated Busbar Market Size, By Conductor, 2015–2022 (USD Million)
Table 59 Brazil: Laminated Busbar Market Size, By End-User, 2015–2022 (USD Million)
Table 60 Argentina: Laminated Busbar Market Size, By End-User, 2015–2022 (USD Million)
Table 61 Rest of South America: Laminated Busbar Market Size, By End-User, 2015–2022 (USD Million)
Table 62 Middle East & Africa: Laminated Busbar Market Size, By Country, 2015–2022 (USD Million)
Table 63 Middle East & Africa: Laminated Busbar Market Size, By End-User, 2015–2022 (USD Million)
Table 64 Middle East & Africa: Laminated Busbar Market Size, By Insulation Material, 2015–2022 (USD Million)
Table 65 Middle East & Africa: Laminated Busbar Market Size, By Conductor, 2015–2022 (USD Million)
Table 66 Saudi Arabia: Laminated Busbar Market Size, By End-User, 2015–2022 (USD Million)
Table 67 UAE: Laminated Busbar Market Size, By End-User, 2015–2022 (USD Million)
Table 68 Qatar: Laminated Busbar Market Size, By End-User, 2015–2022 (USD Million)
Table 69 South Africa: Laminated Busbar Market Size, By End-User, 2015–2022 (USD Million)
Table 70 Rest of the Middle East & Africa: Laminated Busbar Market Size, By End-User, 2015–2022 (USD Million)
Table 71 Market Developments Between 2014 and 2017
Table 72 Contracts & Agreements, 2014–2017
Table 73 Mergers & Acquisitions, 2014–2017
Table 74 Expansions, 2014–2017
Table 75 New Product Launches, 2014–2017
Table 76 Partnerships, 2014–2017


List of Figures (38 Figures)

Figure 1 Laminated Busbar Market Segmentation
Figure 2 Research Design
Figure 3 Breakdown of Primaries: By Company Type, Designation, & Region
Figure 4 Bottom-Up Approach
Figure 5 Top-Down Approach
Figure 6 Data Triangulation Methodology
Figure 7 Assumptions of the Research Study
Figure 8 Laminated Busbar Market, By End-User, 2017–2022 (USD Million)
Figure 9 The Power Electronic Segment Led the Laminated Busbar Market in 2016
Figure 10 The Epoxy Powder Coating Segment Accounted for the Largest Share of the Laminated Busbar Market in 2016
Figure 11 The Copper Segment Led the Laminated Busbar Market During the Forecast Period
Figure 12 Contracts & Agreements Was the Key Strategy Adopted By Players in the Laminated Busbar Market
Figure 13 Opportunities in the Power Electronics & Silicon Carbides Segment of the Laminated Busbar Market, 2017–2022
Figure 14 The Copper Segment is Leading the Laminated Busbar Market
Figure 15 The Power Electronics Segment & the German Market Led the European Laminated Busbar Market in 2016
Figure 16 The Epoxy Powder Coating Segment Led the Laminated Busbar Market in 2016
Figure 17 Market Dynamics for the Laminated Busbar Market
Figure 18 Global Electric Car Stock, 2012–2016
Figure 19 Electric Vehicle Fleet Forecast, 2017–2022
Figure 20 Renewable Energy Investment & Capacity Addition, 2012–2016
Figure 21 Laminated Busbar Market, By End-User, 2016
Figure 22 Laminated Busbar Market, By Insulation Material, 2017–2022 (USD Million)
Figure 23 The Copper Segment is Expected to Lead the Laminated Busbar Market During the Forecast Period
Figure 24 Laminated Busbar Market, By Region, 2016
Figure 25 Asia Pacific is Expected to Grow at the Fastest Rate During the Forecast Period
Figure 26 Europe: Market Snapshot
Figure 27 Asia Pacific: Market Snapshot
Figure 28 Key Developments in the Laminated Busbar Market (2014–2017)
Figure 29 Market Ranking Based on Revenue, 2016
Figure 30 Mersen: Company Snapshot
Figure 31 SWOT Analysis: Mersen
Figure 32 Methode Electronics: Company Snapshot
Figure 33 SWOT Analysis: Methode
Figure 34 Rogers: Company Snapshot
Figure 35 Amphenol: Company Snapshot
Figure 36 Zhuzhou Crrc Times Electric: Company Snapshot
Figure 37 Sun.King Power Electronics: Company Snapshot
Figure 38 OEM Automatic: Company Snapshot

The laminated busbar market is projected to be USD 743.2 Million by 2017 and expected to grow at a CAGR of 6.21%, during the forecast period, to reach a market size of USD 1,004.5 Million by 2022. 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 2016. 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.

The report segments the laminated busbar market, on the basis of insulation material, into epoxy powder coating, Teonex, Tedlar, Mylar, Nomex, and Kapton. Tedlar is the fastest-growing segment of the laminated busbar market. Tedlar is mainly used for harsh environments as it performs exceptionally in high temperature and high pressure applications.

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.

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. Asia Pacific is expected to be the fastest-growing market for laminated busbars during the forecast period. Asia Pacific is home to 2 of the fastest-growing economies, India and China. In 2016, China overtook the US in terms of the number of new registrations of EV and EHV. China is also a major renewable energy producer. China’s ambitious goal to curb pollution and increase the share of renewable energy in its primary energy mix is a major factor in the growth of the laminated busbar market. Other countries in Asia Pacific, such as South Korea and Japan, are also investing heavily in clean and renewable energy technologies, which is expected to drive the laminated busbar market in the region.

Laminated Busbar Market

The major factor restraining the growth of the laminated busbar market is the unorganized market in countries such as China and India. Fluctuations in the prices of raw materials are the main challenge faced by players in the laminated busbar market.

Some of the major players in the laminated busbar market are Rogers Corporation (US), Amphenol Corporation (US), Mersen (France), Idealec SAS (France), and Sun King Power Electronics Group Limited (China). These players have adopted growth strategies such as new product launches, contracts & agreements, mergers & acquisitions, and expansions to capture a larger share of the laminated busbar market.

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