DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "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" report to their offering.
The laminated busbar market is projected to reach USD 955.6 million by 2021, growing at a CAGR of 5.72% from 2016 to 2021
Laminated busbars are used in power electronics, alternative energy, transportation, aerospace & defence, industrial, datacenter, telecom, as well as in laboratory and research applications.
Increase in the development of smart cities, increase in the contribution of renewable energy sources to the global power generation mix, and increasing awareness about energy saving and efficiency are expected to drive the laminated busbar market. Low quality laminated busbars for different end use applications, are available in the grey market which is a restraint for established laminated busbar manufacturers.
With regard to insulation material, the laminated busbar with tedlar segment is estimated to grow at the fastest CAGR. Tedlar meets all the U.S. Federal Aviation Administration and European Aviation Safety Agency's (FAA/EASA) fire, smoke and toxicity (FST) regulatory requirements, which means they can be used in the aerospace, transportation, architecture, and construction sectors.
Europe is currently the largest market for laminated busbars, closely followed by the Asia-Pacific. The European market is primarily driven by countries such as Germany, France, Russia, and the Rest of Europe, where there is a high demand for laminated busbars. The market in this region is projected to grow at a high rate, with Germany expected to dominate the market.
The 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).
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Laminated Busbar Market, By End User
7 Laminated Busbars Market, By Insulation Material
8 Laminated Busbar Market, By Region
9 Competitive Landscape
10 Company Profiles
- Amphenol Corporation
- Auxel FTG
- Idealec SAS
- Mersen S.A.
- Methode Electronics, Inc.
- Rogers Corporation
- Ryoden Kasei Corporation
- Shanghai Eagtop Electronic Technology Co., Ltd.
- Shenzhen Busbar Sci-Tech Development Co., Ltd.
- Storm Power Components
- Sun.King Power Electronics Group Ltd.
- Suzhou West Deane Machinery Inc.
Zhuzhou CRRC Times Electric Co., Ltd.
For more information about this report visit http://www.researchandmarkets.com/research/dfcprv/laminated_busbar