North America 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
Market Introduction
Laminated busbar is an engineered component comprising of layers of fabricated metal separated by very thin dielectric materials, laminated into a unified structure. Bus bars aid in reducing the overall system costs, improving reliability, enhancing the capacitance, and eliminating any wiring errors. Busbars also help in lowering the inductance and impedance in the system. The physical structure of the bus bars offers exceptional features for mechanical design. One of the most common concerns with the conventional busbar is installation issues. The conventional ones comprise a complicated network of cables and interconnected parts that are difficult to assemble. On the other hand, laminated busbars are pre-assembled and has a compact structure. Geographically, the North America market is segmented into three major countries— US, Canada, and Mexico. The North America laminated busbar market is a fragmented market with the presence of considerable regional and local players providing numerous solutions for companies investing in the market arena. Currently, US leads the North America market, followed by Canada and Mexico.
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Market Overview and Dynamics
The laminated busbar market in North America is expected to grow from US$ 165.88 Mn in 2019 to US$ 307.67 Mn by 2027; it is estimated to grow at a CAGR of 8.2% from 2020 to 2027. The growing demand for sustainable energy system and rising usage of smart grids to boost demand for laminated busbars, which in turn are driving the growth of laminated busbar market across the region. However, the complexities associated with the laminated busbars is a hindering factor to the laminated busbar market growth. Further, growing demand for electric vehicles is expected to bolster the growth of the laminated busbar market in the near future.
Key Market Segments
In terms of conductor, the copper segment accounted for the largest share of the North America laminated busbar market in 2019. In terms of insulation material, the polyester film segment held a larger market share of the laminated busbar market in 2019. Further, based on application, power electronics and silicon carbides segment held the largest share of the market. On the basis of country, the market is bifurcated into US, Canada, and Mexico. The US held the largest share of the laminated busbar market.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the laminated busbar market in North America are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Electronic Systems Packaging LLC (ESP), Methode Electronics, Inc., Storm Power Components, Suzhou West Deane Machinery Inc., Zhuzhou CRRC Times Electric Co., Ltd., Mersen SA, Rogers Corporation, and Amphenol Corporation among others.
Reasons to Buy Report
- To understand the North America laminated busbar market landscape and identify market segments that are most likely to guarantee a strong return
- Stay ahead of the race by comprehending the ever-changing competitive landscape for North America laminated busbar market
- Efficiently plan M&A and partnership deals in North America laminated busbar market by identifying market segments with the most promising probable sales
- Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form North America laminated busbar market
- Obtain market revenue forecast for market by various segments from 2020-2027 in North America region.
North America Laminated Busbar Market Segmentation
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
- US
- Canada
- Mexico
Company Profiles
- Electronic Systems Packaging LLC (ESP)
- Methode Electronics, Inc.
- Storm Power Components
- Suzhou West Deane Machinery Inc.
- Zhuzhou CRRC Times Electric Co., Ltd.
- Mersen SA
- Rogers Corporation
- Amphenol Corporation
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Laminated Busbar Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. Laminated Busbar Market – Key Industry Dynamics
5.1 Market Drivers
5.1.1 Rising Usage of Smart Grids to Boost Demand for Laminated Busbars
5.1.2 Growing Demand for Sustainable Energy System
5.2 Market Restraint
5.2.1 Complexities Associated with the Laminated Busbars
5.3 Market Opportunity
5.3.1 Growing Demand for Electric Vehicles
5.4 Future Trend
5.4.1 Integration of Advanced Technologies for Power Management
5.5 Impact Analysis of Drivers and Restraints
6. Laminated Busbar Market – North America Market Analysis
6.1 Laminated Busbar Market Overview
6.2 Laminated Busbar Market Forecast and Analysis
6.3 Market Positioning –Key Players
7. Laminated Busbar Market Revenue and Forecast to 2027 – Conductor
7.1 Overview
7.2 North America Laminated Busbar Market Breakdown, By Conductor, 2019 & 2027
7.3 Aluminium
7.3.1 Overview
7.3.2 Aluminium Market Forecast and Analysis
7.4 Copper
7.4.1 Overview
7.4.2 Copper Market Forecast and Analysis
8. Laminated Busbar Market Revenue and Forecast to 2027 – Insulation Material
8.1 Overview
8.2 North America Laminated Busbar Market Breakdown, By Insulation Material, 2019 & 2027
8.3 Polyester Film
8.3.1 Overview
8.3.2 Polyester Film Market Forecast and Analysis
8.4 Heat-resistant Fiber
8.4.1 Overview
8.4.2 Heat-Resistant Fiber Market Forecast and Analysis
8.5 Epoxy Powder Coating
8.5.1 Overview
8.5.2 Epoxy Powder Coating Market Forecast and Analysis
8.6 Polyimide Film
8.6.1 Overview
8.6.2 Polyimide Film Market Forecast and Analysis
8.7 Epoxy Glass
8.7.1 Overview
8.7.2 Epoxy Glass Market Forecast and Analysis
9. Laminated Busbar Market Revenue and Forecast to 2027 – Application
9.1 Overview
9.2 North America Laminated Busbar Market Breakdown, By Application, 2019 & 2027
9.3 Datacenter
9.3.1 Overview
9.3.2 Datacenter Market Forecast and Analysis
9.4 Telecom
9.4.1 Overview
9.4.2 Telecom Market Forecast and Analysis
9.5 Alternative Energy
9.5.1 Overview
9.5.2 Alternative Energy Market Forecast and Analysis
9.6 Power Electronics and Silicon Carbides
9.6.1 Overview
9.6.2 Power Electronics and Silicon Carbides Market Forecast and Analysis
9.7 Transportation
9.7.1 Overview
9.7.2 Transportation Market Forecast and Analysis
9.8 Aerospace & Defense
9.8.1 Overview
9.8.2 Aerospace & Defense Market Forecast and Analysis
9.9 Industrial
9.9.1 Overview
9.9.2 Industrial Market Forecast and Analysis
9.10 Others
9.10.1 Overview
9.10.2 Others Market Forecast and Analysis
10. Laminated Busbar Market –Country Analysis
10.1 North America: Laminated Busbar Market
10.1.1 North America: Laminated Busbar Market, by Key Country
10.1.1.1 US: Laminated Busbar Market – Revenue and Forecast to 2027 (US$ Million)
10.1.1.1.1 US: Laminated Busbar Market, by Conductor
10.1.1.1.2 US: Laminated Busbar Market, by Insulation Material
10.1.1.1.3 US: Laminated Busbar Market, by Application Industry
10.1.1.2 Canada: Laminated Busbar Market – Revenue and Forecast to 2027 (US$ Million)
10.1.1.2.1 Canada: Laminated Busbar Market, by Conductor
10.1.1.2.2 Canada: Laminated Busbar Market, by Insulation Material
10.1.1.2.3 Canada: Laminated Busbar Market, by Application
10.1.1.3 Mexico: Laminated Busbar Market – Revenue and Forecast to 2027 (US$ Million)
10.1.1.3.1 Mexico: Laminated Busbar Market, by Conductor
10.1.1.3.2 Mexico: Laminated Busbar Market, by Insulation Material
10.1.1.3.3 Mexico: Laminated Busbar Market, by Application
11. Impact of COVID-19 Pandemic on North America Laminated Busbar Market
11.1 Overview
11.2 North America: Impact Assessment of COVID-19 Pandemic
12. North America Laminated Busbar Market- Industry Landscape
12.1 Market Initiative
12.2 Merger and Acquisition
13. Company Profiles
13.1 Electronic Systems Packaging LLC (ESP)
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Methode Electronics, Inc.
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Storm Power Components
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Suzhou West Deane Machinery Inc.
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Zhuzhou CRRC Times Electric Co., Ltd.
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Mersen SA
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Rogers Corporation
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Amphenol Corporation
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Glossary of Terms
LIST OF TABLES
Table 1. Laminated Busbar Market – Revenue and Forecast to 2027 (US$ Million)
Table 2. North America: Laminated Busbar Market, by Conductor – Revenue and Forecast to 2027 (US$ Million)
Table 3. North America: Laminated Busbar Market, by Insulation Material – Revenue and Forecast to 2027 (US$ Million)
Table 4. North America: Laminated Busbar Market, by Application Industry – Revenue and Forecast to 2027 (US$ Million)
Table 5. North America Laminated Busbar Market, by Country – Revenue and Forecast to 2027 (USD Million)
Table 6. US: Laminated Busbar Market, by Conductor –Revenue and Forecast to 2027 (US$ Million)
Table 7. US: Laminated Busbar Market, by Insulation Material –Revenue and Forecast to 2027 (US$ Million)
Table 8. US: Laminated Busbar Market, by Application Industry –Revenue and Forecast to 2027 (US$ Million)
Table 9. Canada: Laminated Busbar Market, by Conductor – Revenue and Forecast to 2027 (US$ Million)
Table 10. Canada: Laminated Busbar Market, by Insulation Material – Revenue and Forecast to 2027 (US$ Million)
Table 11. Canada: Laminated Busbar Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 12. Mexico: Laminated Busbar Market, by Conductor – Revenue and Forecast to 2027 (US$ Million)
Table 13. Mexico: Laminated Busbar Market, by Insulation Material – Revenue and Forecast to 2027 (US$ Million)
Table 14. Mexico: Laminated Busbar Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 15. Glossary of Term: Laminated Busbar Market
LIST OF FIGURES
Figure 1. Laminated Busbar Market Segmentation
Figure 2. Laminated Busbar Market Segmentation – By Geography
Figure 3. Laminated Busbar Market Overview
Figure 4. Copper Conductor Dominated the Market in 2019
Figure 5. Heat-resistant Fiber is Projected to Witness Lucrative Growth
Figure 6. Transportation Application is Projected to Grow at the Fastest Pace
Figure 7. North America – PEST Analysis
Figure 8. Laminated Busbar Market, Ecosystem
Figure 9. Laminated Busbar Market Impact Analysis of Drivers and Restraints
Figure 10. Laminated Busbar Market Forecast and Analysis (US$ Million)
Figure 11. North America Laminated Busbar Market Breakdown, By conductor, 2019 & 2027 (%)
Figure 12. North America Aluminium Market Revenue and Forecast to 2027 (US$ Mn)
Figure 13. North America Copper Market Revenue and Forecast to 2027 (US$ Mn)
Figure 14. North America Laminated Busbar Market Breakdown, By Insulation Material, 2019 & 2027 (%)
Figure 15. North America Polyester Film Market Revenue and Forecast to 2027(US$ Mn)
Figure 16. North America Heat-resistant Fiber Market Revenue and Forecast to 2027 (US$ Mn)
Figure 17. North America Epoxy Powder Coating Market Revenue and Forecast to 2027 (US$ Mn)
Figure 18. North America Polyimide Film Market Revenue and Forecast to 2027 (US$ Mn)
Figure 19. North America Epoxy Glass Market Revenue and Forecast to 2027 (US$ Mn)
Figure 20. North America Laminated Busbar Market Breakdown, By Application, 2019 & 2027 (%)
Figure 21. North America Datacenter Market Revenue and Forecast to 2027(US$ Mn)
Figure 22. North America Telecom Market Revenue and Forecast to 2027(US$ Mn)
Figure 23. North America Alternative Energy Market Revenue and Forecast to 2027(US$ Mn)
Figure 24. North America Power Electronics and Silicon Carbides Market Revenue and Forecast to 2027(US$ Mn)
Figure 25. North America Transportation Market Revenue and Forecast to 2027(US$ Mn)
Figure 26. North America Aerospace & Defense Market Revenue and Forecast to 2027(US$ Mn)
Figure 27. North America Industrial Market Revenue and Forecast to 2027(US$ Mn)
Figure 28. North America Others Market Revenue and Forecast to 2027(US$ Mn)
Figure 29. North America: Laminated Busbar Market Revenue Share, by Key Country (2019 and 2027)
Figure 30. US: Laminated Busbar Market – Revenue and Forecast to 2027 (US$ Million)
Figure 31. Canada: Laminated Busbar Market – Revenue and Forecast to 2027 (US$ Million)
Figure 32. Mexico: Laminated Busbar Market – Revenue and Forecast to 2027 (US$ Million)
Figure 33. Impact of COVID-19 Pandemic in North America
- Electronic Systems Packaging LLC (ESP)
- Methode Electronics, Inc.
- Storm Power Components
- Suzhou West Deane Machinery Inc.
- Zhuzhou CRRC Times Electric Co., Ltd.
- Mersen SA
- Rogers Corporation
- Amphenol Corporation
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