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Jul 25, 2023

Laminated Busbar Market Research Report by Technavio predicts USD 333.62 Mn growth

News provided by 09 Sep, 2022, 10:00 ET Share this article NEW YORK, Sept. 9,

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09 Sep, 2022, 10:00 ET

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NEW YORK, Sept. 9, 2022 /PRNewswire/ -- The laminated busbar market is growing at a CAGR of 6.29% and is expected to register an incremental growth of USD 333.62 million between 2021 and 2026. The report analyses the market size, growth, and provides accurate predictions of the market's growth.

Key Segments

The laminated busbar market is segmented by material (copper, aluminum, and others).

The contribution of copper applications in the market has been the highest. The increase in the manufacture of electrical and electronics products is driving the growth of the segment.

Regional Growth Analysis

The global laminated busbar market is analyzed across five regions — Europe, APAC, North America, the Middle East and Africa, and South America.

APAC is currently the dominating region, occupying 33% of the global market share. The regional market is driven by the growth of the automotive industry. China and India are the key markets for the laminated busbar market in APAC. Market growth in this region will be faster than the growth of the market in other regions.

Identify potential segments and regions to invest in over the forecast period. Read Sample Report Before Purchasing

Market Dynamics

The laminated busbar market is expected to witness substantial growth during the forecast period, primarily due to the application of laminated busbars in EVs. In addition, the growing deployment of laminated busbars in power electronics and the advantages of laminated busbars will further accelerate the growth of the market.

The report also covers information on the upcoming trends and challenges that will influence the market growth. Explore additional information by Downloading a Sample Report.

Vendor Landscape

The global laminated busbar market is fragmented with the presence of various vendors. These players have a vast geographical presence with large production facilities. In addition, they are establishing new capacities to ensure smooth and easy access to the fast-growing markets of China, India, and other Southeast Asian countries.

The competition among the vendors in the market is based on factors such as product quality, innovation, price, and operational cost. A few players have the ability to drive down the market prices because their costs are lower than that of their competitors. In addition, some of the suppliers have higher financial, technological, and other resources than their competitors, which strengthens their market position during the forecast period.

Along with the market data, Technavio offers customizations as per the specific needs of companies. The following customization options are available for the laminated busbar market report:

Regional Analysis

Market Player Information

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Related Reports:

Laminated Busbar Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 6.29%

Market growth 2022-2026

USD 333.62 million

Market structure

Fragmented

YoY growth (%)

5.27

Regional analysis

Europe, APAC, North America, Middle East and Africa, and South America

Performing market contribution

APAC at 33%

Key consumer countries

US, China, India, Germany, and UK

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Amphenol Corp., Bevone, Electronic Systems Packaging LLC, EMS Elektro Metall Schwanenmuhle GmbH, Jans Copper Pvt. Ltd., KINTO Electric Co. Ltd, Mersen Corporate Services SAS, Methode Electronics Inc., Molex LLC, Raychem RPG Pvt. Ltd., Rogers Corp., Ryoden Kasei Co. Ltd., Schneider Electric SE, Segue Electronics Inc., Shanghai Yingfeng Electronic Technology Co. Ltd., Shenzhen Woer New Energy Electrical Technology Co. Ltd., Sun King Technology Group Ltd., Suzhou West Deane Machinery Inc., Zhejiang RHI ELectric Co. Ltd., and Storm Power Components Co.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table Of Contents :

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Five Forces Analysis

5 Market Segmentation by Material

6 Customer Landscape

7 Geographic Landscape

8 Drivers, Challenges, and Trends

9 Vendor Landscape

10 Vendor Analysis

11 Appendix

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Technavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: [email protected]Website: www.technavio.com/

SOURCE Technavio