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Laminated Busbar Market worth 955.6 Million USD by 2021

The global laminated busbar market is projected to grow at a CAGR of 5.72% from 2016 to 2021, to reach a market size of USD 955.6 Million by 2021. This growth is attributed to the rise of renewable energy sources in power generation mix and increase in awareness about energy saving and efficiency.<br><br>The report segments the laminated busbar market based on end-user industry into power electronics, alternative energy, transportation, Aerospace & defense, industrial, datacenters, telecom, and other sectors (laboratory and research applications). The power electronics segment is expected to dominate the laminated busbar market during the forecast period.

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Laminated Busbar Market worth 955.6 Million USD by 2021

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  1. Laminated Busbar Market worth 955.6 Million USD by 2021 The report "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", The laminated busbar market is expected to grow from an estimated USD 723.6 Million in 2016 to USD 955.6 Million by 2021, registering a CAGR of 5.72% from 2016 to 2021. The global market is witnessing significant growth due to development of smart cities, increase in the contribution of renewable energy sources to the global power generation mix, and increasing awareness about energy efficiency and saving. Objectives of the Study To define, describe, and forecast the global laminated busbar market by insulation material, end- user, and region To provide detailed information regarding major factors influencing the growth of the laminated busbar market (drivers, restraints, opportunities, industry-specific challenges related to the market) To strategically analyze the laminated busbar market with respect to individual growth trends, future prospects, and contribution of each segment to the market To strategically profile key players and comprehensively analyze their market shares and core competencies To track and analyze competitive developments such as contracts & agreements, expansions, new product developments, and mergers & acquisitions in the laminated busbar market      Sample Request: http://www.marketsandmarkets.com/requestsample.asp?id=211931233 The major players of market To enable an in-depth understanding of the competitive landscape, the report includes profiles of some of the leading players in the laminated busbar market. These players 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). Leading players are trying to penetrate the markets in developing economies and are adopting various strategies to increase their market share. Europe: The leading market for laminated busbar 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. Europe is expected to dominate the global laminated busbar market, given the increasing utilization of steel in various industries such as mechanical, shipbuilding, automotive, appliances, packaging, construction, and transportation. Request for Customization: http://www.marketsandmarkets.com/requestCustomization.asp?id=211931233 Epoxy Powder Coating segment is expected to hold the largest share of the laminated busbar market, by insulation material, during the forecast period The epoxy powder coating segment led the overall laminated busbar market in 2015, owing to the increasing demand for busbars across the globe. Epoxy powder coating also costs relatively less in comparison with

  2. other types of insulation, which makes them increasingly favored by the end-use industries, and as a result, the market for this insulation type is the largest. However, the tedlar insulation material sub segment is expected to register a higher growth rate during the forecast period. Alternative energy to be the fastest growing segment in the global laminated busbar market The alternative energy sector is expected to be the fastest growing sector in the global laminated busbar market during the forecast period. Power generation through alternative energy requires the creation of DC feeds through a low inductance laminated busbar into an insulated-gate bipolar transistor (IGBT) and capacitor circuit, delivering safe and efficient power which means there would be high demand for laminated busbars in this sector. Download Brochure: http://www.marketsandmarkets.com/pdfdownload.asp?id=211931233 About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their pain points around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 Micro Quadrants (Positioning top players across leaders, emerging companies, innovators, and strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact: MarketsandMarkets™ 701 Pike Street Suite 2175, Seattle, WA 98101, United States Email: sales@marketsandmarkets.com

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