Report : Europe Laminated Busbar Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Conductor (Aluminum and Copper), Insulation Material (Polyester Film, Heat-Resistant Fiber, Epoxy Powder Coating, Polyamide Film, and Epoxy Glass), Application (Datacenter, Telecom, Alternative Energy, Power Electronics and Silicon Carbides, Transportation, Aerospace & Defense, Industrial, and Others), and Country

Polyamide Film Segment to Dominate Europe Laminated Busbar Market During 2020–2027

 

According to a new market research study on “Europe Laminated Busbar Market to 2027 – Regional Analysis and Forecast by Conductor, Insulation Material, and Application,” the market is expected to reach US$ 474.28 million by 2027 from US$ 282.07 million in 2019. The market is estimated to grow at a CAGR of 6.9% from 2020 to 2027. The report provides trends prevailing in the Europe laminated busbar market along with the drivers and restraints pertaining to the market growth. Rising demand for sustainable energy systems coupled with increasing use of smart grids are the major factors driving the growth of the laminated busbar market. However, complexities related to the laminated busbars might hinder the growth of the Europe laminated busbar market.

 

The primary function of a laminated busbar is to have as compact as possible the electrical system with 3D mechanical dimensions and compliance with the electrical requirements (voltage and currents). Since all of the conductors involved need maximum electrical insulation performance, they are all laminated with flexible insulation. Flexible films coated with a glue layer are applied to the conductor during a temperature heat cycle for the lamination of these conductors. In this process, the glue is activated under pressure to stick the film firmly to the conductor and to create a sealing around the edges of the conductor, the goal being that even under the most critical atmospheric conditions, this sealing will not be compromised. The film coater develops the glue to have not only a performing bonding but also a flame-retardant behavior to limit the flammability of the complete busbar (conductor insulator) assembly. Polyester (PET) is the most commonly used flexible insulation material and has a bright or white appearance. Based on insulating material, the laminated busbar market is segmented into polyester film, heat-resistant fiber, epoxy powder coating, polyamide film, and epoxy glass. In terms of insulation material, the polyamide film segment is expected to dominate the laminated busbar market during the forecast period.

 

Amphenol Corporation, Mersen SA, Methode Electronics Inc., Rogers Corporation, OEM International AB, and Zhuzhou CRRC Times Electric Co, Ltd. are among the leading companies in the Europe laminated busbar market. In addition to these, several other important players operating in the ecosystem were analyzed during the course of this market research study. Various companies are focusing on growth strategies such as product launches and product approvals, as well as patents and events. These activities have paved the way for the expansion of business and customer base of market players. Rise in demand for laminated busbars is anticipated to create lucrative growth opportunities for the market players in the near future.    

 

 Europe Laminated Busbar Market, by Country, 2019 and 2027 (%)

 Europe Laminated Busbar Market, by Country, 2019 and 2027 (%)

 

 

The report segments the Europe laminated busbar market as follows:

 

By Conductor

  • Aluminum
  • Copper

By Insulation Material

  • Polyester Film
  • Heat-Resistant Fiber
  • Epoxy Powder Coating
  • Polyamide Film
  • Epoxy Glass

 

By Application

  • Datacenter
  • Telecom
  • Alternative Energy
  • Power Electronics and Silicon Carbides
  • Transportation
  • Aerospace & Defense
  • Industrial
  • Others

By Country

  • France
  • Germany
  • Italy
  • UK
  • Russia
  • Rest of Europe
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