Laminated Busbar Market Worth 1,004.5 Million USD by 2022
PUNE, India, December 6, 2017 /PRNewswire/ --
The report "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", published by MarketsandMarkets(TM), the market is expected to grow from an estimated USD 743.2 Million in 2017 to USD 1,004.5 Million by 2022, at a CAGR of 6.21%.
(Logo: http://photos.prnewswire.com/prnh/20160303/792302 )
Browse 76 market data Tables and 38 Figures spread through 141 Pages and in-depth TOC on "Laminated Busbar Market: Global Forecast to 2022" https://www.marketsandmarkets.com/Market-Reports/laminated-busbar-market-211931233.html [https://www.marketsandmarkets.com/Market-Reports/laminated-busbar-market-211931233.html?utm_source=PRnewswires&utm_medium=Referral&utm_campaign=Prnewswire ]
Early buyers will receive 10% customization on this report.
The market is set to grow due to the increasing demand for electric vehicles and hybrid electric vehicles to reduce pollution in tier 1 and tier 2 cities around the world and the increased share of renewable energies in the primary energy mix globally.
The power electronics and silicon carbide segment is expected to be the largest market for laminated busbars, by end-user, during the forecast period.
Laminated busbars are used in a wide range of power electronics and silicon carbide applications. The increased adoption of electric vehicles, hybrid electric vehicles, and motor drives is leading to the increased demand for power stacks. These factors are expected to drive the power electronics and silicon carbide end-user segment of the Laminated Busbar Market, during the forecast period.
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownload.asp?id=211931233 [https://www.marketsandmarkets.com/pdfdownload.asp?id=211931233&utm_source=PRnewswires&utm_medium=Referral&utm_campaign=PRnewswire ]
The epoxy powder coating segment is expected to be the largest segment of the Laminated Busbar Market in 2017
The epoxy powder coating segment is expected to be the largest market for laminated busbars, by insulation, in 2017. Epoxy materials are known for their excellent adhesion, chemical and heat resistance, excellent mechanical properties, and very good electrical insulating properties. Epoxy-based insulation is relatively cheaper than other insulation materials, leading to the segment accounting for the largest expected market share in 2017.
Europe is expected to lead the Laminated Busbar Market during the forecast period.
In this report, the Laminated Busbar Market has been analyzed with respect to 5 regions, namely, North America, Europe, Asia Pacific, South America, and the Middle East & Africa. The European market is expected to lead the Laminated Busbar Market, by region, during the forecast period. The increasing demand for electric vehicles and hybrid electric vehicles and the continuously increasing share of renewable energies are the main factors driving the growth of the European market.
Make an Inquiry @ https://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=211931233 [https://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=211931233&utm_source=PRnewswires&utm_medium=Referral&utm_campaign=PRnewswire ]
For an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the Laminated Busbar Market. These include Rogers Corporation (US), Amphenol Corporation (US), Mersen (France), Idealec SAS (France), and Sun King Power Electronics Group Limited (China). These players are trying to understand the markets in developing economies and are adopting various strategies to increase their market shares.
Browse Related Reports:
Busbar Market by Conductor (Copper, Aluminum), Power Rating (Low, Medium, High Power), End-User (Utilities, Commercial, Industrial, Residential, Industrial (Chemicals & Petroleum, Metals & Mining, Manufacturing)), and Region - Global Trends & Forecast to 2021
https://www.marketsandmarkets.com/Market-Reports/busbar-market-181939364.html [https://www.marketsandmarkets.com/Market-Reports/busbar-market-181939364.html?utm_source=PRnewswires&utm_medium=Referral&utm_campaign=Prnewswire ]
Busbar Trunking System Market by End-User (Industrial, Commercial, Large Residential, and Transportation), Power Rating (Lighting, Low, Medium, and High), Conductor (Copper and Aluminum), Insulation (Air and Sandwich), and by Low Voltage Segment - Global Forecast to 2022
https://www.marketsandmarkets.com/Market-Reports/busbar-trunking-market-267448154.html [https://www.marketsandmarkets.com/Market-Reports/busbar-trunking-market-267448154.html?utm_source=PRnewswires&utm_medium=Referral&utm_campaign=Prnewswire ]
About MarketsandMarkets(TM)
MarketsandMarkets(TM) 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(TM) for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets(TM) 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(TM) now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets(TM) 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's 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:
Mr. Rohan
MarketsandMarkets(TM)
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets Subscribe Reports from Energy and Power Domain @ http://www.marketsandmarkets.com/Knowledgestore.asp
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/energy-and-power
Photo:
http://photos.prnewswire.com/prnh/20160303/792302
SOURCE MarketsandMarkets
