Laminated Busbar Market Research Report

 

The GMI Research forecasts that the laminated busbar market is witnessing an upsurge in demand during the forecast period. This is mainly due to the strong demand for laminated busbars, the growing demand for consistent, high-quality, and cost-effective power in various sectors, and the rising focus on renewable energy.

Request for a FREE Sample Report on Laminated Busbar Market

Laminated Busbar Market’s leading Manufacturers:

·        Rogers Corporation

·        Amphenol Corporation

·        Mersen SA

·        Methode Electronics Inc

·        Sun.King Power Electronics

·        Auxel FTG

·        Idealec SAS

·        Ryoden Kasei Corporation

·        Shanghai Eagtop Electronic Technology

·        Chevron Corporation

Laminated Busbar Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)

Key Drivers

Some of the major factors surging the growth of the global laminated busbar market include the strong demand for laminated busbars and the growing focus on renewable energy. The acclerating demand for consistent, high-quality, and cost-effective power in various sectors, followed by the uninterruptible power supply (UPS) systems, will support a large range of power generation technologies, which will fundamentally fuel the demand for the market worldwide. A well-designed laminated bus bar offers mechanical enhancement and electrical optimization within a UPS system. Laminated bus bars provide various benefits like addressing component and personal safety issues, better system cost, decreasing part count, and virtually eliminating assembly errors. According to the laminated busbar market report, the growing benefits of the solution is further anticipated to stimulate the growth of the market. However, low-quality laminated bus bar wire and plates installed at capacitor can create technical problems like heat loss and transmission.

Regional Drivers

Based on region, Europe is anticipated to increase at a higher CAGR in the upcoming years due to the increasing share of renewable energies, rising construction activities, and growing power demand. Furthermore, the Asia-Pacific region is projected to dominate the market over the forecast period. This is attributed to the rising support from the government on renewable energy projects and the increasing focus on decreasing the emission of greenhouse gases.

Insulation Material Segment Drivers

Based on insulation material, the market is segmented into epoxy powder coating, polyester film, PVF film, polyester resin, heat-resistant fiber, and polyimide film. The epoxy powder coating segment is expected to increase at a higher CAGR in the upcoming years. Epoxy powder coated laminated bus bars are mostly utilized for switch gears and motor drive applications. These features make them more suitable for multiple industries and surge the demand of the segment in the laminated busbar market.

Laminated Busbar Market Segmentation:

Segmentation by Material:

·        Copper

·        Aluminium

Segmentation by End-User:

·        Utilities

·        Industrial

·        Commercial

·        Residential

Segmentation by Insulation Material:

·        Epoxy Powder Coating

·        Polyester Film

·        PVF Film

·        Polyester Resin

·        Heat-Resistant Fiber

·        Polyimide Film

Segmentation by Region:

·        North America

o   United States of America

o   Canada

·        Asia Pacific

o   China

o   Japan

o   India

o   Rest of APAC

·        Europe

o   United Kingdom

o   Germany

o   France

o   Spain

o   Rest of Europe

·        RoW

o   Brazil

o   South Africa

o   Saudi Arabia

o   UAE

o   Rest of the world (remaining countries of the LAMEA region)

About GMI Research

GMI Research is a market research and consulting company that provides syndicated research reports, consulting services, and customized market research reports. Our reports are based on market intelligence studies to ensure relevant and fact-based research across numerous sectors, including healthcare, automotive, information technology & communication, FMCG, and other industries. GMI Research’s deep understanding related to the business environment helps us in generating objective strategic insights. Our research teams consisting of seasoned analysts and researchers have hands-on experience in various regions, including Asia-pacific, Europe, North America, and the Rest of the World. The market research report offers in-depth analysis, which contains refined forecasts, a bird's eye view of the competitive landscape, factors impacting the market growth, and several other market insights to aid companies in making strategic decisions. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to help our clients to stay ahead of the curve.

Media Contact
Company Name: GMI RESEARCH
Contact Person: Sarah Nash
Email: enquiry@gmiresearch.com
Phone: Europe – +353 1 442 8820; US – +1 860 881 2270
Address: Dublin, Ireland
Website: www.gmiresearch.com

 

Comments

Post a Comment

Popular posts from this blog

Hi-Fi System Market Research Report

 Growth opportunities in the Hi-Fi system market look promising over the next six years. This is mainly due to the rising demand for portable devices such as smartphones, and laptops, the continuous technological advancement in the Hi-Fi systems, like integration of AI and machine learning, and the increasing penetration of the internet. Request for a FREE Sample Report on Hi-Fi System Market Hi-Fi System Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis) Key Drivers The augmenting demand for portable devices and the growing need for infotainment services are the crucial drivers fuelling the growth of the global Hi-Fi system market .  Rising portable device demand such as laptops, tablets, and smartphones strengthens the demand for wireless audio products in the HI-FI system market. Also, the ongoing technological developments in Hi-Fi systems, like the amalgamation of machine learning and artificial intelligence, are ...
Read more

Tight Gas Market Research Report

  Growth opportunities in the tight gas market look promising over the next six years. This is mainly due to the favourable government strategies, funds and aids for the gas production and the development of sophisticated technology. Request for a FREE Sample Report on Tight Gas Market Tight Gas Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis) Key Drivers One of the prominent drivers responsible for the growth of the global tight gas market includes the augmenting demand for million barrels each day. In accordance with the U.S. Energy Information Administration, the demand of the barrels from 2016 Q1 to 2017 Q1 augmented from 1 million in 2016 to more than 2 million in 2017, and the same trend is anticipated in the future, which will change the perspective of the market, thereby fulfilling the market demand. Also, the emergence of low-cost gas supplies from different sources will change over the chauffeurs of natura...
Read more

Vitreoretinal Surgery Devices Market Research Report

 Growth opportunities in the vitreoretinal surgery devices market look promising over the next six years. This is mainly due to the increasing technological advancements and the rise in the geriatric population coupled with the rising eye disorders. Request for a FREE Sample Report on Vitreoretinal Surgery Devices Market Vitreoretinal Surgery Devices Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis) Key Drivers The increase in the geriatric population across the world along with the surging number of eye disorders including diabetic retinopathy, detached retina, macular hole, and CMV retinitis, and the growing awareness concerned with eye health are the key drivers stimulating the growth of the global vitreoretinal surgery devices market. The use of vitreoretinal surgeries to treat various eye-related disorders, with the help of several procedures, is effective in restoring and improving vision. Furthermore, the ongoing t...
Read more