積層バスバー市場 : 2030年までの世界予測

出版:MarketsandMarkets(マーケッツアンドマーケッツ) 出版年月:2024年1月

Laminated Busbar Market – Global Forecast To 2030

積層バスバー市場 : 材料(銅、アルミニウム) エンドユーザー(公益事業、産業、商業、住宅) 断熱材(エポキシ粉体塗装、ポリエステルフィルム、PVFフィルム、ポリエステル樹脂、耐熱繊維) 地域別 – 2030年までの世界予測
Laminated Busbar Market by Material (Copper, Aluminum) End-User (Utilities, Industrial, Commercial, Residential) Insulation Material (Epoxy Powder Coating, Polyester Film, PVF Film, Polyester Resin, Heat-Resistant Fiber) Region – Global Forecast to 2030

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Report Overview

The global market for laminated busbar is expected to reach USD 1,296 million by 2030, a notable increase from the estimated USD 863 million in 2023, with a steady CAGR of 6.0% spanning the period from 2023 to 2030. One of the primary objectives of any electrical distribution system is to deliver high-quality and uninterrupted energy to consumers.

積層バスバー市場 : 2030年までの世界予測

The escalating demand for energy emphasizes the necessity for a stable and reliable transmission & distribution network globally. Given that many electrical distribution systems worldwide are aging, several countries, including the US and the UK, are investing in the modernization of their transmission & distribution infrastructure to establish a dependable supply network. As per the US Department of Energy (DOE), achieving a safe and secure electrical distribution system requires an investment ranging from USD 1.5 to 2 trillion between 2017 and 2030. To ensure the safety of distribution systems in the US, the electric power industry has developed voluntary standards, ensuring the coordination of various electrical distribution systems. Presently, mandatory reliability standards are in place for operating power systems and addressing security concerns at critical electrical infrastructure. For example, in North America, the North American Electric Reliability Corporation and its member organizations have formulated and enforced these standards, which receive approval from the Federal Energy Regulatory Commission in the US and Canadian regulators in Canada.

Laminated busbars play a crucial role in safeguarding electricity distribution systems by offering high heat resistance and applicability in high fire-risk environments. They contribute to minimizing equipment failure rates by eliminating wiring errors and protecting the electrical system when overused equipment is at the brink of failure, averting potential dangerous explosions. This, in turn, enhances productivity and optimizes power distribution systems.


“Epoxy powder coating segment, by insulation material, to be the largest market from 2023 to 2030.”
In 2022, the epoxy powder coating segment constituted a 37.8% share of the laminated busbar market in terms of insulation material. This segment is anticipated to retain its position as the largest in the laminated busbar market by insulation material throughout the forecast period. Epoxy powder coating, characterized by its free-flowing nature and thermosetting dry powder composition, boasts high dielectric strength. Renowned for exceptional adhesion, chemical and heat resistance, superior mechanical properties, and electrical insulating capabilities, epoxy powder coating stands out as a cost-effective option compared to other insulation materials. Laminated busbars coated with epoxy powder find predominant usage in switchgear and motor drive applications. These favorable properties contribute to the growing preference for epoxy powder-coated laminated busbars among end-use industries, indicating an expected increase in demand during the forecast period.

積層バスバー市場 : 2030年までの世界予測 ecosystem


 “Aluminium segment, by material, to be the second-largest market from 2023 to 2030.”
In 2022, the aluminum-laminated busbar segment held a 17.8% share of the laminated busbar market in terms of material. The cost-effectiveness of aluminum-laminated busbars compared to copper-laminated ones, especially beneficial in price-sensitive markets like Asia Pacific and the Middle East & Africa, contributes to their market share. Utilizing aluminum as a conductor offers a doubled conductivity per mass compared to copper, resulting in more than a 30% cost savings. With a lower density, aluminum-laminated busbars are lighter than their copper counterparts, making them suitable for applications where conductor weight is critical. Although aluminum conductors traditionally exhibit lower conductivity and a risk of oxidation, advancements in materials technology, such as tin plating, have addressed many limitations and improved performance. The rapid adoption of aluminum conductors is notable in distribution panels and busway systems for applications like households and data centers, indicating an expected surge in demand for aluminum-laminated busbars during the forecast period.


“North America to be third-largest region in laminated busbar market.”
In 2022, North America held an 18.2% share of the global laminated busbar market, encompassing the US, Mexico, and Canada. The demand for laminated busbars in the region is driven by the imperative to upgrade aging electrical infrastructure in both the US and Canada. According to the Grid Modernization and the Smart Grid publication by the US Department of Energy, North America’s transmission & distribution infrastructure is antiquated and in need of modernization. In response, utility companies and various stakeholders are investing in replacing outdated electrical equipment and upgrading transmission & distribution networks with advanced technologies. Over the next two decades, utility companies in the US and Canada are projected to invest approximately USD 880 billion and USD 100 billion, respectively, in power networks, spanning transmission & distribution networks. These investments encompass initiatives such as smart grids, asset monitoring, and smart grid analytics, with the adoption of smart technologies expected to further drive the laminated busbar market.
The ‘Global Landscape of Renewable Energy Finance 2023’ report by the International Renewable Energy Agency highlights North America as the recipient of the second-highest influx of investments in renewable energy. In 2019, the region attracted USD 68 billion, constituting 21% of the global total, and in 2020, it drew USD 53 billion, equivalent to 15% of the global total, with a focus on the US. However, the region’s share of funding has gradually diminished due to a decline in domestic investments within the US. Preliminary data suggests that investments in the region rose to nearly USD 66 billion in 2021 but then decreased to USD 59 billion in 2022. These trends are anticipated to drive the laminated busbar market in North America.

積層バスバー市場 : 2030年までの世界予測 region


Breakdown of Primaries:
Thorough interviews were conducted with key industry participants, subject-matter experts, C-level executives from prominent market players, and industry consultants, among other experts. These interviews aimed to acquire and authenticate essential qualitative and quantitative information, providing insights into future market prospects. The primary interviews were structured as follows:
By Company Type: Tier 1-55%, Tier 2-30%, and Tier 3-15%
By Designation: C-Level-30%, D-Level-20%, and Others-50%
By Region: Asia Pacific–60%, North America–18%, Europe–8%, Middle East & Africa–10%, and South America–4%
Note: “Others” include sales managers, engineers, and regional managers
The tiers of the companies are defined based on their total revenue as of 2021: Tier 1: >USD 1 billion, Tier 2: USD 500 million–1 billion, and Tier 3: <USD 500 million.
Prominent players in the laminated busbar market include Amphenol Corporation (US), Methode Electronics, Inc. (US), Mersen Group (France), Rogers Corporation (US), Sun.King Technology Group Limited (China), Zhuzhou CRRC Times Electric Co., Ltd. (China), and others.


Research Coverage:
The report presents a comprehensive overview, description, and forecast of the laminated busbar market, considering various parameters such as Material (Copper, Aluminium), Insulation Material (Epoxy Powder Coating, Polyester Film, PVF Films, Polyester Resin, Heat-Resistant Fiber, Polymide Film), End User (Utilities, Industrial, Commercial, Residential), and Region (Asia Pacific, North America, Europe, Middle East and Africa, South America). It further provides an in-depth qualitative and quantitative analysis of the laminated busbar market, encompassing a thorough examination of key market drivers, limitations, opportunities, and challenges. The report also addresses crucial aspects of the market, including an evaluation of the competitive landscape, an analysis of market dynamics, value-based market projections, and insights into future trends within the laminated busbar market.


Key Benefits of Buying the Report
The report is meticulously crafted to cater to both established industry leaders and newcomers entering the laminated busbar market. It delivers reliable revenue forecasts for the entire market and its individual sub-segments, offering stakeholders a valuable resource to comprehensively understand the competitive landscape and devise effective market strategies. Additionally, the report acts as a conduit for stakeholders to gauge the current market scenario, providing crucial insights into market drivers, limitations, challenges, and growth opportunities. By assimilating these insights, stakeholders can make informed decisions and remain abreast of the continually evolving dynamics within the laminated busbar industry.
• Analysis of key drivers: (Demand for safe and secure electrical distribution systems, Cost-efficiency and operational benefits of laminated busbars, Increasing focus on renewable energy, Growing adoption of electric vehicles), restraints (Growing competition from unorganized sector, High initial cost of laminated busbars), opportunities (Aging electrical infrastructure and rising electrical demand, Adoption of the High-Voltage Direct Current (HVDC) technology, Advancements in insulation materials), and challenges (Volatility of raw material prices, especially copper, Environmental concerns) influencing the growth of the laminated busbar market.

• Acquisitions and Expansion: The laminated busbar market is continually evolving, with a predominant emphasis on acquisition and expansion. Key industry players, including Amphenol Corporation, Methode Electronics, Inc., Mersen Group, Rogers Corporation, Sun. King Technology Group Limited, and Zhuzhou CRRC Times Electric Co., Ltd., are actively spearheading advancements in their product offerings to meet changing demands and environmental considerations.

• Market Development: The laminated busbar market is experiencing exceptional growth and development driven by several factors. The need to upgrade and modernize aging electrical infrastructure, especially in developed regions, fuels the demand for laminated busbars. The growing demand for electricity in various sectors, including industrial, commercial, and residential, drives the need for efficient and reliable power distribution systems, where laminated busbars play a crucial role. The rise in renewable energy projects, such as solar and wind power, requires effective power distribution systems, and laminated busbars provide a solution for efficient energy transfer and distribution. As industries and utilities prioritize energy efficiency, laminated busbars are adopted for their ability to enhance energy distribution efficiency and reduce energy losses. The increasing popularity of electric vehicles necessitates robust power distribution systems, and laminated busbars are integral components in electrical vehicle charging infrastructure. Supportive government policies, incentives, and regulations promoting the use of efficient electrical distribution systems contribute to the growth of the laminated busbar market. Ongoing advancements in materials and manufacturing technologies enhance the performance, reliability, and safety of laminated busbars, driving their adoption in various applications. Laminated busbars offer enhanced safety features and reliability compared to traditional alternatives, making them preferred in critical applications where operational safety is paramount. Increased investments in infrastructure projects, such as smart grids and power distribution networks, contribute to the demand for laminated busbars.

• Competitive Assessment: A thorough examination has been undertaken to analyze the market footprint, expansion strategies, and service portfolios of major players in the laminated busbar market. These notable companies comprise Amphenol Corporation (US), Methode Electronics, Inc. (US), Mersen Group (France), Rogers Corporation (US), Sun.King Technology Group Limited (China), Zhuzhou CRRC Times Electric Co., Ltd. (China), and others. This assessment yields comprehensive insights into the competitive standings of these key players, their methodologies for stimulating market growth, and the spectrum of services they provide within the laminated busbar segment.

Table of Contents

1            INTRODUCTION            30

1.1         STUDY OBJECTIVES      30

1.2         MARKET DEFINITION   30

1.3         INCLUSIONS AND EXCLUSIONS 31

1.3.1      LAMINATED BUSBAR MARKET, BY MATERIAL   31

1.3.2      LAMINATED BUSBAR MARKET, BY END USER    31

1.4         MARKET SCOPE             32

1.4.1      MARKET SEGMENTATION         32

1.4.2      REGIONAL SCOPE         32

1.5         YEARS CONSIDERED     33

1.6         CURRENCY CONSIDERED          33

1.7         UNITS CONSIDERED     33

1.8         LIMITATIONS   33

1.9         STAKEHOLDERS            34

1.10       SUMMARY OF CHANGES            34

2            RESEARCH METHODOLOGY     35

2.1         RESEARCH DATA           35

FIGURE 1           LAMINATED BUSBAR MARKET: RESEARCH DESIGN       35

2.2         MARKET BREAKDOWN AND DATA TRIANGULATION    36

FIGURE 2           DATA TRIANGULATION METHODOLOGY         36

2.2.1      SECONDARY DATA       36

2.2.1.1   List of major secondary sources       37

2.2.1.2   Key data from secondary sources     37

2.2.2      PRIMARY DATA 37

2.2.2.1   Key data from primary sources         38

2.2.2.2   Breakdown of primary interviews     38

FIGURE 3           BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION    39

FIGURE 4           MAIN METRICS CONSIDERED WHILE ANALYZING AND ASSESSING DEMAND FOR LAMINATED BUSBAR             39

2.3         MARKET SIZE ESTIMATION       40

2.3.1      BOTTOM-UP APPROACH           40

FIGURE 5           MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH       40

2.3.2      TOP-DOWN APPROACH             41

FIGURE 6           MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH       41

2.3.3      DEMAND-SIDE ANALYSIS           42

TABLE 1             LAMINATED BUSBAR MARKET: INDUSTRY-/COUNTRY-WISE ANALYSIS          42

2.3.3.1   Demand-side assumptions 42

2.3.3.2   Demand-side calculations  42

2.3.4      SUPPLY-SIDE ANALYSIS             43

FIGURE 7           KEY STEPS CONSIDERED FOR ASSESSING SUPPLY OF LAMINATED BUSBARS  43

FIGURE 8           LAMINATED BUSBAR MARKET: SUPPLY-SIDE ANALYSIS              44

2.3.4.1   Supply-side assumptions    44

2.3.4.2   Supply-side calculations     44

2.4         FORECAST        45

2.5         RISK ASSESSMENT         45

2.6         RECESSION IMPACT      45

3            EXECUTIVE SUMMARY 46

TABLE 2             LAMINATED BUSBAR MARKET SNAPSHOT        46

FIGURE 9           COPPER SEGMENT TO HOLD LARGER MARKET SHARE IN 2030              47

FIGURE 10         UTILITIES SEGMENT TO LEAD LAMINATED BUSBAR MARKET IN 2029 47

FIGURE 11         EPOXY POWDER COATING SEGMENT TO ACCOUNT FOR LARGER SHARE OF LAMINATED BUSBAR MARKET IN 2029          48

FIGURE 12         EUROPE LED LAMINATED BUSBAR MARKET IN 2022      49

4            PREMIUM INSIGHTS      50

4.1         ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN LAMINATED BUSBAR MARKET            50

FIGURE 13         RISING DEMAND FOR SAFE AND SECURE ELECTRICAL DISTRIBUTION SYSTEMS TO DRIVE MARKET    50

4.2         LAMINATED BUSBAR MARKET, BY MATERIAL, 2030       50

FIGURE 14         COPPER MATERIAL SEGMENT TO DOMINATE LAMINATED BUSBAR MARKET           50

4.3         LAMINATED BUSBAR MARKET, BY END USER, 2030        51

FIGURE 15         UTILITIES SEGMENT TO DOMINATE LAMINATED BUSBAR MARKET            51

4.4         EUROPEAN LAMINATED BUSBAR MARKET, BY INSULATION MATERIAL AND COUNTRY, 2022     51

FIGURE 16         EPOXY POWDER COATING SEGMENT AND GERMANY LED EUROPEAN LAMINATED BUSBAR MARKET IN 2022         51

4.5         LAMINATED BUSBAR MARKET, BY REGION       52

FIGURE 17         LAMINATED BUSBAR MARKET IN ASIA PACIFIC TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD    52

5            MARKET OVERVIEW     53

5.1         INTRODUCTION            53

5.2         MARKET DYNAMICS     53

FIGURE 18         LAMINATED BUSBAR MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES    53

5.2.1      DRIVERS            54

5.2.1.1   Increased demand for safe and secure electrical distribution systems        54

TABLE 3             FAILURE RATE OF EQUIPMENT USED IN INDUSTRIES   54

5.2.1.2   Significant operational benefits and cost-efficiency of laminated busbars 54

5.2.1.3   Strong focus on generating power using renewable energy         55

TABLE 4             SOLAR AND WIND RENEWABLE ENERGY TARGETS, BY MAJOR COUNTRY         55

5.2.1.4   High adoption of electric vehicles    55

FIGURE 19         GLOBAL ELECTRIC VEHICLE SALES, BY TYPE, 2020–2030              56

5.2.2      RESTRAINTS     56

5.2.2.1   Growing competition from local firms or unorganized sector      56

5.2.2.2   High initial cost of laminated busbars            56

5.2.3      OPPORTUNITIES           57

5.2.3.1   Aging electrical infrastructure and rising electricity demand      57

5.2.3.2   Increasing adoption of HVDC technology      57

5.2.3.3   Ongoing advancements in insulation materials            57

5.2.4      CHALLENGES   58

5.2.4.1   Volatility in raw material prices, especially copper       58

FIGURE 20         COPPER GRADE A CATHODE: PRICE TREND (IN USD PER METRIC TON), NOVEMBER 2018–SEPTEMBER 2023         58

5.2.4.2   Environmental impact of improper disposal   58

5.3         PORTER’S FIVE FORCES ANALYSIS         59

FIGURE 21         PORTER’S FIVE FORCES ANALYSIS FOR LAMINATED BUSBAR MARKET            59

TABLE 5             LAMINATED BUSBAR MARKET: PORTER’S FIVE FORCES ANALYSIS          59

5.3.1      THREAT OF NEW ENTRANTS    59

5.3.2      BARGAINING POWER OF SUPPLIERS     60

5.3.3      BARGAINING POWER OF BUYERS           60

5.3.4      THREAT OF SUBSTITUTES         60

TABLE 6             COMPARISON OF POTENTIAL SUBSTITUTES FOR LAMINATED BUSBARS           61

5.3.5      INTENSITY OF COMPETITIVE RIVALRY 61

5.4         TRADE ANALYSIS          61

5.4.1      TRADE SCENARIO FOR ELECTRICAL APPARATUS COVERED UNDER HS CODE 853690    61

5.4.2      IMPORT SCENARIO       61

TABLE 7             IMPORT SCENARIO FOR PRODUCTS COVERED UNDER HS CODE 853690, BY COUNTRY, 2020–2022 (USD THOUSAND)          62

FIGURE 22         IMPORT TRADE VALUES FOR TOP FIVE COUNTRIES (HS CODE 853690), 2018–2022 (USD THOUSAND)    63

5.4.3      EXPORT SCENARIO       63

TABLE 8             EXPORT SCENARIO FOR PRODUCTS COVERED UNDER HS CODE 853690, BY COUNTRY, 2020–2022 (USD THOUSAND)          63

FIGURE 23         EXPORT TRADE VALUES FOR TOP FIVE COUNTRIES (HS CODE 853690), 2018–2022 (USD THOUSAND)    64

5.5         VALUE CHAIN ANALYSIS            64

FIGURE 24         LAMINATED BUSBAR VALUE CHAIN ANALYSIS 64

5.5.1      RAW MATERIAL SUPPLIERS       65

5.5.2      COMPONENT MANUFACTURERS           65

5.5.3      LAMINATED BUSBAR MANUFACTURERS            65

5.5.4      DISTRIBUTORS 65

5.5.5      END USERS       65

6            LAMINATED BUSBAR MARKET, BY MATERIAL   66

6.1         INTRODUCTION            67

FIGURE 25         LAMINATED BUSBAR MARKET, BY MATERIAL, 2022       67

TABLE 9             LAMINATED BUSBAR MARKET, BY MATERIAL, 2018–2022 (USD MILLION)          67

TABLE 10           LAMINATED BUSBAR MARKET, BY MATERIAL, 2023–2030 (USD MILLION)          67

6.2         COPPER             68

6.2.1      ABILITY OF COPPER TO WITHSTAND LOAD SURGES TO DRIVE DEMAND           68

TABLE 11           COPPER: LAMINATED BUSBAR MARKET, BY REGION, 2018–2022 (USD MILLION) 68

TABLE 12           COPPER: LAMINATED BUSBAR MARKET, BY REGION, 2023–2030 (USD MILLION) 68

6.3         ALUMINUM       69

6.3.1      COST-EFFICIENCY OF ALUMINUM-LAMINATED BUSBARS TO BOOST DEMAND IN PRICE-SENSITIVE REGIONS            69

TABLE 13           ALUMINUM: LAMINATED BUSBAR MARKET, BY REGION, 2018–2022 (USD MILLION)     69

TABLE 14           ALUMINUM: LAMINATED BUSBAR MARKET, BY REGION, 2023–2030 (USD MILLION)     69

7            LAMINATED BUSBAR MARKET, BY INSULATION MATERIAL       70

7.1         INTRODUCTION            71

FIGURE 26         LAMINATED BUSBAR MARKET, BY INSULATION MATERIAL, 2022      71

TABLE 15           LAMINATED BUSBAR MARKET, BY INSULATION MATERIAL, 2018–2022 (USD MILLION)          71

TABLE 16           LAMINATED BUSBAR MARKET, BY INSULATION MATERIAL, 2023–2030 (USD MILLION)          72

7.2         EPOXY POWDER COATING        72

7.2.1      GROWING USE OF BUSBARS IN SWITCHGEAR AND MOTOR DRIVE APPLICATIONS TO DRIVE MARKET       72

TABLE 17           EPOXY POWDER COATING: LAMINATED BUSBAR MARKET, BY REGION, 2018–2022 (USD MILLION)       72

TABLE 18           EPOXY POWDER COATING: LAMINATED BUSBAR MARKET, BY REGION, 2023–2030 (USD MILLION)       73

7.3         POLYESTER FILM          73

7.3.1      INCREASING DEMAND FROM COSMETIC AND MEDICAL INDUSTRIES TO FUEL MARKET GROWTH     73

TABLE 19           POLYESTER FILM: LAMINATED BUSBAR MARKET, BY REGION, 2018–2022 (USD MILLION)          73

TABLE 20           POLYESTER FILM: LAMINATED BUSBAR MARKET, BY REGION, 2023–2030 (USD MILLION)          74

7.4         POLYVINYL FLUORIDE FILM     74

7.4.1      RISING ADOPTION IN AEROSPACE, TRANSPORTATION, ARCHITECTURE INDUSTRIES TO FOSTER MARKET GROWTH   74

TABLE 21           POLYVINYL FLUORIDE FILM: LAMINATED BUSBAR MARKET, BY REGION, 2018–2022 (USD MILLION)  74

TABLE 22           POLYVINYL FLUORIDE FILM: LAMINATED BUSBAR MARKET, BY REGION, 2023–2030 (USD MILLION)  75

7.5         POLYESTER RESIN         75

7.5.1      HIGH DURABILITY OF POLYESTER RESINS TO BOOST DEMAND              75

TABLE 23           POLYESTER RESIN: LAMINATED BUSBAR MARKET, BY REGION, 2018–2022 (USD MILLION)          75

TABLE 24           POLYESTER RESIN: LAMINATED BUSBAR MARKET, BY REGION, 2023–2030 (USD MILLION)          76

7.6         HEAT-RESISTANT FIBER            76

7.6.1      HIGH RESISTANCE TO HEAT TO BOOST DEMAND FOR HEAT-RESISTANT FIBER-INSULATED LAMINATED BUSBARS IN HEAVY-DUTY APPLICATIONS 76

TABLE 25           HEAT-RESISTANT FIBER: LAMINATED BUSBAR MARKET, BY REGION, 2018–2022 (USD MILLION)       76

TABLE 26           HEAT-RESISTANT FIBER: LAMINATED BUSBAR MARKET, BY REGION, 2023–2030 (USD MILLION)       77

7.7         POLYIMIDE FILM           77

7.7.1      EXCELLENT HEAT-RESISTANCE PROPERTY OF POLYAMIDE FILMS TO INCREASE DEMAND      77

TABLE 27           POLYIMIDE FILM: LAMINATED BUSBAR MARKET, BY REGION, 2018–2022 (USD MILLION)          77

TABLE 28           POLYIMIDE FILM: LAMINATED BUSBAR MARKET, BY REGION, 2023–2030 (USD MILLION)          78

8            LAMINATED BUSBAR MARKET, BY END USER    79

8.1         INTRODUCTION            80

FIGURE 27         LAMINATED BUSBAR MARKET, BY END USER, 2022        80

TABLE 29           LAMINATED BUSBAR MARKET, BY END USER, 2018–2022 (USD MILLION)          80

TABLE 30           LAMINATED BUSBAR MARKET, BY END USER, 2023–2030 (USD MILLION)          80

8.2         UTILITIES          81

8.2.1      INCREASING SPENDING ON POWER INFRASTRUCTURE DEVELOPMENT TO BOOST DEMAND   81

TABLE 31           UTILITIES: LAMINATED BUSBAR MARKET, BY REGION, 2018–2022 (USD MILLION)     81

TABLE 32           UTILITIES: LAMINATED BUSBAR MARKET, BY REGION, 2023–2030 (USD MILLION)     81

8.3         INDUSTRIAL     82

8.3.1      RISING NEED FOR RELIABLE POWER SUPPLY IN VARIOUS INDUSTRIES TO DRIVE MARKET       82

TABLE 33           INDUSTRIAL: LAMINATED BUSBAR MARKET, BY REGION, 2018–2022 (USD MILLION)     82

TABLE 34           INDUSTRIAL: LAMINATED BUSBAR MARKET, BY REGION, 2023–2030 (USD MILLION)     82

8.4         COMMERCIAL  83

8.4.1      LOW NOISE AND INDUCTANCE OF LAMINATED BUSBARS TO INCREASE ADOPTION IN HOSPITALS AND HOTELS       83

TABLE 35           COMMERCIAL: LAMINATED BUSBAR MARKET, BY REGION, 2018–2022 (USD MILLION)          83

TABLE 36           COMMERCIAL: LAMINATED BUSBAR MARKET, BY REGION, 2023–2030 (USD MILLION)          83

8.5         RESIDENTIAL   84

8.5.1      INCREASING FOCUS ON ENHANCING ENERGY EFFICIENCY IN RESIDENTIAL SECTOR TO DRIVE DEMAND       84

TABLE 37           RESIDENTIAL: LAMINATED BUSBAR MARKET, BY REGION, 2018–2022 (USD MILLION)          84

TABLE 38           RESIDENTIAL: LAMINATED BUSBAR MARKET, BY REGION, 2023–2030 (USD MILLION)          84

9            LAMINATED BUSBAR MARKET, BY REGION       85

9.1         INTRODUCTION            86

FIGURE 28         ASIA PACIFIC TO WITNESS HIGHEST GROWTH RATE DURING FORECAST PERIOD       86

FIGURE 29         LAMINATED BUSBAR MARKET SHARE (VALUE), BY REGION, 2022      86

TABLE 39           LAMINATED BUSBAR MARKET, BY REGION, 2018–2022 (USD MILLION)          87

TABLE 40           LAMINATED BUSBAR MARKET, BY REGION, 2023–2030 (USD MILLION)          87

TABLE 41           LAMINATED BUSBAR MARKET, BY REGION, 2018–2022 (KILOTON)       87

TABLE 42           LAMINATED BUSBAR MARKET, BY REGION, 2023–2030 (KILOTON)       88

9.2         NORTH AMERICA          88

9.2.1      NORTH AMERICA: RECESSION IMPACT 88

9.2.2      BY MATERIAL   89

TABLE 43           NORTH AMERICA: LAMINATED BUSBAR MARKET, BY MATERIAL, 2018–2022 (USD MILLION)   89

TABLE 44           NORTH AMERICA: LAMINATED BUSBAR MARKET, BY MATERIAL, 2023–2030 (USD MILLION)   89

9.2.3      BY END USER    89

TABLE 45           NORTH AMERICA: LAMINATED BUSBAR MARKET, BY END USER, 2018–2022 (USD MILLION)             89

TABLE 46           NORTH AMERICA: LAMINATED BUSBAR MARKET, BY END USER, 2023–2030 (USD MILLION)             90

9.2.4      BY INSULATION MATERIAL       90

TABLE 47           NORTH AMERICA: LAMINATED BUSBAR MARKET, BY INSULATION MATERIAL, 2018–2022 (USD MILLION)       90

TABLE 48           NORTH AMERICA: LAMINATED BUSBAR MARKET, BY INSULATION MATERIAL, 2023–2030 (USD MILLION)       90

9.2.5      BY COUNTRY    91

TABLE 49           NORTH AMERICA: LAMINATED BUSBAR MARKET, BY COUNTRY, 2018–2022 (USD MILLION)    91

TABLE 50           NORTH AMERICA: LAMINATED BUSBAR MARKET, BY COUNTRY, 2023–2030 (USD MILLION)    91

9.2.5.1   US         91

9.2.5.1.1 Increasing investments in grid modernization to boost demand  91

TABLE 51           US: LAMINATED BUSBAR MARKET, BY MATERIAL, 2018–2022 (USD MILLION) 92

TABLE 52           US: LAMINATED BUSBAR MARKET, BY MATERIAL, 2023–2030 (USD MILLION) 92

TABLE 53           US: LAMINATED BUSBAR MARKET, BY END USER, 2018–2022 (USD MILLION) 92

TABLE 54           US: LAMINATED BUSBAR MARKET, BY END USER, 2023–2030 (USD MILLION) 92

9.2.5.2   Canada  93

9.2.5.2.1 Rising focus on electric vehicle infrastructure development to drive market              93

TABLE 55           CANADA: LAMINATED BUSBAR MARKET, BY MATERIAL, 2018–2022 (USD MILLION)     93

TABLE 56           CANADA: LAMINATED BUSBAR MARKET, BY MATERIAL, 2023–2030 (USD MILLION)     94

TABLE 57           CANADA: LAMINATED BUSBAR MARKET, BY END USER, 2018–2022 (USD MILLION)     94

TABLE 58           CANADA: LAMINATED BUSBAR MARKET, BY END USER, 2023–2030 (USD MILLION)     94

9.2.5.3   Mexico  95

9.2.5.3.1 Pressing need to improve power infrastructure to drive market  95

TABLE 59           MEXICO: LAMINATED BUSBAR MARKET, BY MATERIAL, 2018–2022 (USD MILLION)     95

TABLE 60           MEXICO: LAMINATED BUSBAR MARKET, BY MATERIAL, 2023–2030 (USD MILLION)     95

TABLE 61           MEXICO: LAMINATED BUSBAR MARKET, BY END USER, 2018–2022 (USD MILLION)     96

TABLE 62           MEXICO: LAMINATED BUSBAR MARKET, BY END USER, 2023–2030 (USD MILLION)     96

9.3         EUROPE             96

9.3.1      EUROPE: RECESSION IMPACT   97

FIGURE 30         EUROPE: LAMINATED BUSBAR MARKET SNAPSHOT     97

9.3.2      BY MATERIAL   98

TABLE 63           EUROPE: LAMINATED BUSBAR MARKET, BY MATERIAL, 2018–2022 (USD MILLION)     98

TABLE 64           EUROPE: LAMINATED BUSBAR MARKET, BY MATERIAL, 2023–2030 (USD MILLION)     98

9.3.3      BY END USER    98

TABLE 65           EUROPE: LAMINATED BUSBAR MARKET, BY END USER, 2018–2022 (USD MILLION)     98

TABLE 66           EUROPE: LAMINATED BUSBAR MARKET, BY END USER, 2023–2030 (USD MILLION)     98

9.3.4      BY INSULATION MATERIAL       99

TABLE 67           EUROPE: LAMINATED BUSBAR MARKET, BY INSULATION MATERIAL, 2018–2022 (USD MILLION)   99

TABLE 68           EUROPE: LAMINATED BUSBAR MARKET, BY INSULATION MATERIAL, 2023–2030 (USD MILLION)   99

9.3.5      BY COUNTRY    99

TABLE 69           EUROPE: LAMINATED BUSBAR MARKET, BY COUNTRY, 2018–2022 (USD MILLION)     99

TABLE 70           EUROPE: LAMINATED BUSBAR MARKET, BY COUNTRY, 2023–2030 (USD MILLION)     100

9.3.5.1   UK         100

9.3.5.1.1 Expanding power distribution network to fuel market growth     100

TABLE 71           UK: LAMINATED BUSBAR MARKET, BY MATERIAL, 2018–2022 (USD MILLION) 101

TABLE 72           UK: LAMINATED BUSBAR MARKET, BY MATERIAL, 2023–2030 (USD MILLION) 101

TABLE 73           UK: LAMINATED BUSBAR MARKET, BY END USER, 2018–2022 (USD MILLION) 101

TABLE 74           UK: LAMINATED BUSBAR MARKET, BY END USER, 2023–2030 (USD MILLION) 101

9.3.5.2   Germany             102

9.3.5.2.1 Growing manufacturing and renewable energy sectors to drive market    102

TABLE 75           GERMANY: LAMINATED BUSBAR MARKET, BY MATERIAL, 2018–2022 (USD MILLION)          102

TABLE 76           GERMANY: LAMINATED BUSBAR MARKET, BY MATERIAL, 2023–2030 (USD MILLION)          102

TABLE 77           GERMANY: LAMINATED BUSBAR MARKET, BY END USER, 2018–2022 (USD MILLION)     102

TABLE 78           GERMANY: LAMINATED BUSBAR MARKET, BY END USER, 2023–2030 (USD MILLION)     103

9.3.5.3   Russia    103

9.3.5.3.1 Urgent need to upgrade aging power infrastructure to accelerate market growth              103

TABLE 79           RUSSIA: LAMINATED BUSBAR MARKET, BY MATERIAL, 2018–2022 (USD MILLION)     103

TABLE 80           RUSSIA: LAMINATED BUSBAR MARKET, BY MATERIAL, 2023–2030 (USD MILLION)     104

TABLE 81           RUSSIA: LAMINATED BUSBAR MARKET, BY END USER, 2018–2022 (USD MILLION)     104

TABLE 82           RUSSIA: LAMINATED BUSBAR MARKET, BY END USER, 2023–2030 (USD MILLION)     104

9.3.5.4   France   104

9.3.5.4.1 Increasing investments in renewable energy projects to boost demand s   104

TABLE 83           FRANCE: LAMINATED BUSBAR MARKET, BY MATERIAL, 2018–2022 (USD MILLION)     105

TABLE 84           FRANCE: LAMINATED BUSBAR MARKET, BY MATERIAL, 2023–2030 (USD MILLION)     105

TABLE 85           FRANCE: LAMINATED BUSBAR MARKET, BY END USER, 2018–2022 (USD MILLION)     106

TABLE 86           FRANCE: LAMINATED BUSBAR MARKET, BY END USER, 2023–2030 (USD MILLION)     106

9.3.5.5   Rest of Europe     106

TABLE 87           REST OF EUROPE: LAMINATED BUSBAR MARKET, BY MATERIAL, 2018–2022 (USD MILLION)   107

TABLE 88           REST OF EUROPE: LAMINATED BUSBAR MARKET, BY MATERIAL, 2023–2030 (USD MILLION)   107

TABLE 89           REST OF EUROPE: LAMINATED BUSBAR MARKET, BY END USER, 2018–2022 (USD MILLION)             107

TABLE 90           REST OF EUROPE: LAMINATED BUSBAR MARKET, BY END USER, 2023–2030 (USD MILLION)             108

9.4         ASIA PACIFIC    108

9.4.1      ASIA PACIFIC: RECESSION IMPACT        108

FIGURE 31         ASIA PACIFIC: LAMINATED BUSBAR MARKET SNAPSHOT              109

9.4.2      BY MATERIAL   109

TABLE 91           ASIA PACIFIC: LAMINATED BUSBAR MARKET, BY MATERIAL, 2018–2022 (USD MILLION)          109

TABLE 92           ASIA PACIFIC: LAMINATED BUSBAR MARKET, BY MATERIAL, 2023–2030 (USD MILLION)          110

9.4.3      BY END USER    110

TABLE 93           ASIA PACIFIC: LAMINATED BUSBAR MARKET, BY END USER, 2018–2022 (USD MILLION)          110

TABLE 94           ASIA PACIFIC: LAMINATED BUSBAR MARKET, BY END USER, 2023–2030 (USD MILLION)          110

9.4.4      BY INSULATION MATERIAL       111

TABLE 95           ASIA PACIFIC: LAMINATED BUSBAR MARKET, BY INSULATION MATERIAL, 2018–2022 (USD MILLION)   111

TABLE 96           ASIA PACIFIC: LAMINATED BUSBAR MARKET, BY INSULATION MATERIAL, 2023–2030 (USD MILLION)   111

9.4.5      BY COUNTRY    111

TABLE 97           ASIA PACIFIC: LAMINATED BUSBAR MARKET, BY COUNTRY, 2018–2022 (USD MILLION)          111

TABLE 98           ASIA PACIFIC: LAMINATED BUSBAR MARKET, BY COUNTRY, 2023–2030 (USD MILLION)          112

9.4.5.1   China     112

9.4.5.1.1 Increased government spending in power generation and renewable energy projects to contribute to market growth         112

TABLE 99           CHINA: LAMINATED BUSBAR MARKET, BY MATERIAL, 2018–2022 (USD MILLION)     113

TABLE 100         CHINA: LAMINATED BUSBAR MARKET, BY MATERIAL, 2023–2030 (USD MILLION)     113

TABLE 101         CHINA: LAMINATED BUSBAR MARKET, BY END USER, 2018–2022 (USD MILLION)     113

TABLE 102         CHINA: LAMINATED BUSBAR MARKET, BY END USER, 2023–2030 (USD MILLION)     113

9.4.5.2   Japan     114

9.4.5.2.1 Increasing investments in solar, wind, hydro, and biomass projects to create lucrative opportunities       114

TABLE 103         JAPAN: LAMINATED BUSBAR MARKET, BY MATERIAL, 2018–2022 (USD MILLION)     114

TABLE 104         JAPAN: LAMINATED BUSBAR MARKET, BY MATERIAL, 2023–2030 (USD MILLION)     114

TABLE 105         JAPAN: LAMINATED BUSBAR MARKET, BY END USER, 2018–2022 (USD MILLION) 115

TABLE 106         JAPAN: LAMINATED BUSBAR MARKET, BY END USER, 2023–2030 (USD MILLION) 115

9.4.5.3   India      115

9.4.5.3.1 Pressing need to upgrade existing power grids to boost demand 115

TABLE 107         INDIA: LAMINATED BUSBAR MARKET, BY MATERIAL, 2018–2022 (USD MILLION)     116

TABLE 108         INDIA: LAMINATED BUSBAR MARKET, BY MATERIAL, 2023–2030 (USD MILLION)     116

TABLE 109         INDIA: LAMINATED BUSBAR MARKET, BY END USER, 2018–2022 (USD MILLION) 116

TABLE 110         INDIA: LAMINATED BUSBAR MARKET, BY END USER, 2023–2030 (USD MILLION) 116

9.4.5.4   South Korea        117

9.4.5.4.1 Increasing investments in marine energy projects to boost demand          117

TABLE 111         SOUTH KOREA: LAMINATED BUSBAR MARKET, BY MATERIAL, 2018–2022 (USD MILLION)          117

TABLE 112         SOUTH KOREA: LAMINATED BUSBAR MARKET, BY MATERIAL, 2023–2030 (USD MILLION)          117

TABLE 113         SOUTH KOREA: LAMINATED BUSBAR MARKET, BY END USER, 2018–2022 (USD MILLION)          118

TABLE 114         SOUTH KOREA: LAMINATED BUSBAR MARKET, BY END USER, 2023–2030 (USD MILLION)          118

9.4.5.5   Rest of Asia Pacific            118

TABLE 115         REST OF ASIA PACIFIC: LAMINATED BUSBAR MARKET, BY MATERIAL, 2018–2022 (USD MILLION)   119

TABLE 116         REST OF ASIA PACIFIC: LAMINATED BUSBAR MARKET, BY MATERIAL, 2023–2030 (USD MILLION)   119

TABLE 117         REST OF ASIA PACIFIC: LAMINATED BUSBAR MARKET, BY END USER, 2018–2022 (USD MILLION)             119

TABLE 118         REST OF ASIA PACIFIC: LAMINATED BUSBAR MARKET, BY END USER, 2023–2030 (USD MILLION)             120

9.5         SOUTH AMERICA           120

9.5.1      SOUTH AMERICA: RECESSION IMPACT 120

9.5.2      BY MATERIAL   121

TABLE 119         SOUTH AMERICA: LAMINATED BUSBAR MARKET, BY MATERIAL, 2018–2022 (USD MILLION)   121

TABLE 120         SOUTH AMERICA: LAMINATED BUSBAR MARKET, BY MATERIAL, 2023–2030 (USD MILLION)   121

9.5.3      BY END USER    121

TABLE 121         SOUTH AMERICA: LAMINATED BUSBAR MARKET, BY END USER, 2018–2022 (USD MILLION)             121

TABLE 122         SOUTH AMERICA: LAMINATED BUSBAR MARKET, BY END USER, 2023–2030 (USD MILLION)             122

9.5.4      BY INSULATION MATERIAL       122

TABLE 123         SOUTH AMERICA: LAMINATED BUSBAR MARKET, BY INSULATION MATERIAL, 2018–2022 (USD MILLION)       122

TABLE 124         SOUTH AMERICA: LAMINATED BUSBAR MARKET, BY INSULATION MATERIAL, 2023–2030 (USD MILLION)       122

9.5.5      BY COUNTRY    123

TABLE 125         SOUTH AMERICA: LAMINATED BUSBAR MARKET, BY COUNTRY, 2018–2022 (USD MILLION)    123

TABLE 126         SOUTH AMERICA: LAMINATED BUSBAR MARKET, BY COUNTRY, 2023–2030 (USD MILLION)    123

9.5.5.1   Brazil     123

9.5.5.1.1 Robust investments in thermal power generation to boost demand          123

TABLE 127         BRAZIL: LAMINATED BUSBAR MARKET, BY MATERIAL, 2018–2022 (USD MILLION)     124

TABLE 128         BRAZIL: LAMINATED BUSBAR MARKET, BY MATERIAL, 2023–2030 (USD MILLION)     124

TABLE 129         BRAZIL: LAMINATED BUSBAR MARKET, BY END USER, 2018–2022 (USD MILLION)     124

TABLE 130         BRAZIL: LAMINATED BUSBAR MARKET, BY END USER, 2023–2030 (USD MILLION)     125

9.5.5.2   Argentina            125

9.5.5.2.1 Growing demand for power to drive market   125

TABLE 131         ARGENTINA: LAMINATED BUSBAR MARKET, BY MATERIAL, 2018–2022 (USD MILLION)          125

TABLE 132         ARGENTINA: LAMINATED BUSBAR MARKET, BY MATERIAL, 2023–2030 (USD MILLION)          126

TABLE 133         ARGENTINA: LAMINATED BUSBAR MARKET, BY END USER, 2018–2022 (USD MILLION)          126

TABLE 134         ARGENTINA: LAMINATED BUSBAR MARKET, BY END USER, 2023–2030 (USD MILLION)          126

9.5.5.3   Rest of South America       126

TABLE 135         REST OF SOUTH AMERICA: LAMINATED BUSBAR MARKET, BY MATERIAL, 2018–2022 (USD MILLION)   127

TABLE 136         REST OF SOUTH AMERICA: LAMINATED BUSBAR MARKET, BY MATERIAL, 2023–2030 (USD MILLION)   127

TABLE 137         REST OF SOUTH AMERICA: LAMINATED BUSBAR MARKET, BY END USER, 2018–2022 (USD MILLION)    127

TABLE 138         REST OF SOUTH AMERICA: LAMINATED BUSBAR MARKET, BY END USER, 2023–2030 (USD MILLION)    128

9.6         MIDDLE EAST & AFRICA             128

9.6.1      MIDDLE EAST & AFRICA: RECESSION IMPACT   128

9.6.2      BY MATERIAL   129

TABLE 139         MIDDLE EAST & AFRICA: LAMINATED BUSBAR MARKET, BY MATERIAL, 2018–2022 (USD MILLION)   129

TABLE 140         MIDDLE EAST & AFRICA: LAMINATED BUSBAR MARKET, BY MATERIAL, 2023–2030 (USD MILLION)   129

9.6.3      BY END USER    129

TABLE 141         MIDDLE EAST & AFRICA: LAMINATED BUSBAR MARKET, BY END USER, 2018–2022 (USD MILLION)    129

TABLE 142         MIDDLE EAST & AFRICA: LAMINATED BUSBAR MARKET, BY END USER, 2023–2030 (USD MILLION)    130

9.6.4      BY INSULATION MATERIAL       130

TABLE 143         MIDDLE EAST & AFRICA: LAMINATED BUSBAR MARKET, BY INSULATION MATERIAL, 2018–2022 (USD MILLION)       130

TABLE 144         MIDDLE EAST & AFRICA: LAMINATED BUSBAR MARKET, BY INSULATION MATERIAL, 2023–2030 (USD MILLION)       130

9.6.5      BY COUNTRY    131

TABLE 145         MIDDLE EAST & AFRICA: LAMINATED BUSBAR MARKET, BY COUNTRY, 2018–2022 (USD MILLION)    131

TABLE 146         MIDDLE EAST & AFRICA: LAMINATED BUSBAR MARKET, BY COUNTRY, 2023–2030 (USD MILLION)    131

9.6.5.1   Saudi Arabia        131

9.6.5.1.1 Rising demand for busbars in power generation projects to drive market  131

TABLE 147         SAUDI ARABIA: LAMINATED BUSBAR MARKET, BY MATERIAL, 2018–2022 (USD MILLION)          132

TABLE 148         SAUDI ARABIA: LAMINATED BUSBAR MARKET, BY MATERIAL, 2023–2030 (USD MILLION)          132

TABLE 149         SAUDI ARABIA: LAMINATED BUSBAR MARKET, BY END USER, 2018–2022 (USD MILLION)          132

TABLE 150         SAUDI ARABIA: LAMINATED BUSBAR MARKET, BY END USER, 2023–2030 (USD MILLION)          133

9.6.5.2   UAE      133

9.6.5.2.1 Booming construction sector to fuel market growth     133

TABLE 151         UAE: LAMINATED BUSBAR MARKET, BY MATERIAL, 2018–2022 (USD MILLION) 133

TABLE 152         UAE: LAMINATED BUSBAR MARKET, BY MATERIAL, 2023–2030 (USD MILLION) 133

TABLE 153         UAE: LAMINATED BUSBAR MARKET, BY END USER, 2018–2022 (USD MILLION) 134

TABLE 154         UAE: LAMINATED BUSBAR MARKET, BY END USER, 2023–2030 (USD MILLION) 134

9.6.5.3   Qatar     134

9.6.5.3.1 Rising focus on increasing renewable energy share in energy mix to support market growth   134

TABLE 155         QATAR: LAMINATED BUSBAR MARKET, BY MATERIAL, 2018–2022 (USD MILLION)     135

TABLE 156         QATAR: LAMINATED BUSBAR MARKET, BY MATERIAL, 2023–2030 (USD MILLION)     135

TABLE 157         QATAR: LAMINATED BUSBAR MARKET, BY END USER, 2018–2022 (USD MILLION)     135

TABLE 158         QATAR: LAMINATED BUSBAR MARKET, BY END USER, 2023–2030 (USD MILLION)     135

9.6.5.4   South Africa        136

9.6.5.4.1 Low carbon emission goals to boost market growth      136

TABLE 159         SOUTH AFRICA: LAMINATED BUSBAR MARKET, BY MATERIAL, 2018–2022 (USD MILLION)          136

TABLE 160         SOUTH AFRICA: LAMINATED BUSBAR MARKET, BY MATERIAL, 2023–2030 (USD MILLION)          136

TABLE 161         SOUTH AFRICA: LAMINATED BUSBAR MARKET, BY END USER, 2018–2022 (USD MILLION)          136

TABLE 162         SOUTH AFRICA: LAMINATED BUSBAR MARKET, BY END USER, 2023–2030 (USD MILLION)          137

9.6.5.5   Rest of Middle East & Africa            137

TABLE 163         REST OF MIDDLE EAST & AFRICA: LAMINATED BUSBAR MARKET, BY MATERIAL, 2018–2022 (USD MILLION)        137

TABLE 164         REST OF MIDDLE EAST & AFRICA: LAMINATED BUSBAR MARKET, BY MATERIAL, 2023–2030 (USD MILLION)        137

TABLE 165         REST OF MIDDLE EAST & AFRICA: LAMINATED BUSBAR MARKET, BY END USER, 2018–2022 (USD MILLION)         138

TABLE 166         REST OF MIDDLE EAST & AFRICA: LAMINATED BUSBAR MARKET, BY END USER, 2023–2030 (USD MILLION)         138

10          COMPETITIVE LANDSCAPE       139

10.1       OVERVIEW        139

10.2       KEY PLAYER STRATEGIES          139

TABLE 167         OVERVIEW OF KEY STRATEGIES ADOPTED BY TOP PLAYERS, APRIL 2019–MARCH 2023            139

10.3       MARKET SHARE ANALYSIS OF TOP FIVE PLAYERS          142

TABLE 168         LAMINATED BUSBAR MARKET: DEGREE OF COMPETITION              142

FIGURE 32         LAMINATED BUSBAR MARKET SHARE ANALYSIS, 2022  142

10.4       REVENUE ANALYSIS OF TOP FIVE MARKET PLAYERS     143

FIGURE 33         REVENUE OF TOP PLAYERS IN LAMINATED BUSBAR MARKET, 2018–2022          143

10.5       COMPANY EVALUATION MATRIX          144

10.5.1    STARS  144

10.5.2    EMERGING LEADERS    144

10.5.3    PARTICIPANTS 144

10.5.4    PERVASIVE PLAYERS     144

FIGURE 34         COMPANY EVALUATION MATRIX: LAMINATED BUSBAR MARKET, 2022  145

10.6       COMPETITIVE SCENARIO          146

TABLE 169         LAMINATED BUSBAR MARKET: DEALS, JANUARY 2020–OCTOBER 2023 146

TABLE 170         LAMINATED BUSBAR MARKET: OTHERS, MARCH 2020–OCTOBER 2023 148

11          COMPANY PROFILES    149

(Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*

11.1       KEY PLAYERS   149

11.1.1    AMPHENOL CORPORATION      149

TABLE 171         AMPHENOL CORPORATION: COMPANY OVERVIEW      149

FIGURE 35         AMPHENOL CORPORATION: COMPANY SNAPSHOT      150

TABLE 172         AMPHENOL CORPORATION: PRODUCTS OFFERED       150

TABLE 173         AMPHENOL CORPORATION: DEALS      151

TABLE 174         AMPHENOL CORPORATION: OTHERS   152

11.1.2    METHODE ELECTRONICS, INC. 154

TABLE 175         METHODE ELECTRONICS, INC.: COMPANY OVERVIEW 154

FIGURE 36         METHODE ELECTRONICS, INC.: COMPANY SNAPSHOT 155

TABLE 176         METHODE ELECTRONICS, INC.: PRODUCTS OFFERED  155

TABLE 177         METHODE ELECTRONICS, INC: DEALS 156

11.1.3    MERSEN GROUP            157

TABLE 178         MERSEN GROUP: COMPANY OVERVIEW             157

FIGURE 37         MERSEN GROUP: COMPANY SNAPSHOT             158

TABLE 179         MERSEN GROUP: PRODUCTS OFFERED 158

TABLE 180         MERSEN GROUP: DEALS            162

TABLE 181         MERSEN GROUP: OTHERS         162

11.1.4    ROGERS CORPORATION            164

TABLE 182         ROGERS CORPORATION: COMPANY OVERVIEW             164

FIGURE 38         ROGERS CORPORATION: COMPANY SNAPSHOT            165

TABLE 183         ROGERS CORPORATION: PRODUCTS OFFERED 165

TABLE 184         ROGERS CORPORATION: DEALS            166

TABLE 185         ROGERS CORPORATION: OTHERS         166

11.1.5    SUN.KING TECHNOLOGY GROUP LIMITED       168

TABLE 186         SUN.KING TECHNOLOGY GROUP LIMITED: COMPANY OVERVIEW        168

FIGURE 39         SUN.KING TECHNOLOGY GROUP LIMITED: COMPANY SNAPSHOT        169

TABLE 187         SUN.KING TECHNOLOGY GROUP LIMITED: PRODUCTS OFFERED          169

11.1.6    ZHUZHOU CRRC TIMES ELECTRIC CO., LTD.     171

TABLE 188         ZHUZHOU CRRC TIMES ELECTRIC CO., LTD: COMPANY OVERVIEW        171

FIGURE 40         ZHUZHOU CRRC TIMES ELECTRIC CO., LTD: COMPANY SNAPSHOT        172

TABLE 189         ZHUZHOU CRRC TIMES ELECTRIC CO., LTD: PRODUCTS OFFERED          172

11.1.7    RYODEN KASEI CO., LTD.           173

TABLE 190         RYODEN KASEI CO., LTD.: COMPANY OVERVIEW           173

TABLE 191         RYODEN KASEI CO., LTD.: PRODUCTS OFFERED            173

11.1.8    SHANGHAI EAGTOP ELECTRONIC TECHNOLOGY CO., LTD. (EAGTOP)              174

TABLE 192         EAGTOP: COMPANY OVERVIEW             174

TABLE 193         EAGTOP: PRODUCTS OFFERED 174

11.1.9    SHENZHEN BUSBAR SCI-TECH DEVELOPMENT CO., LTD.          175

TABLE 194         SHENZHEN BUSBAR SCI-TECH DEVELOPMENT CO., LTD.: COMPANY OVERVIEW  175

TABLE 195         SHENZHEN BUSBAR SCI-TECH DEVELOPMENT CO., LTD.: PRODUCTS OFFERED   175

11.1.10  STORM POWER COMPONENTS 176

TABLE 196         STORM POWER COMPONENTS: COMPANY OVERVIEW 176

TABLE 197         STORM POWER COMPONENTS: PRODUCTS OFFERED  176

11.1.11  SUZHOU WEST DEANE MACHINERY INC.            177

TABLE 198         SUZHOU WEST DEANE MACHINERY INC.: COMPANY OVERVIEW        177

TABLE 199         SUZHOU WEST DEANE MACHINERY INC.: PRODUCTS OFFERED          177

11.1.12  ELECTRONIC SYSTEMS PACKAGING LLC           178

TABLE 200         ELECTRONIC SYSTEMS PACKAGING LLC: COMPANY OVERVIEW        178

TABLE 201         ELECTRONIC SYSTEMS PACKAGING LLC: PRODUCTS OFFERED          178

11.1.13  JANS COPPER PRIVATE LIMITED            180

TABLE 202         JANS COPPER: COMPANY OVERVIEW    180

TABLE 203         JANS COPPER PRIVATE LIMITED: PRODUCTS OFFERED 180

11.1.14  MOLEX 181

TABLE 204         MOLEX: COMPANY OVERVIEW 181

TABLE 205         MOLEX: PRODUCTS OFFERED  181

11.1.15  SHENZHEN WOER ELECTRIC TECHNOLOGY CO., LTD. 182

TABLE 206         SHENZEN WOER ELECTRIC TECHNOLOGY CO., LTD.: COMPANY OVERVIEW  182

TABLE 207         SHENZEN WOER ELECTRIC TECHNOLOGY CO., LTD.: PRODUCTS OFFERED   182

11.2       OTHER PLAYERS           183

11.2.1    RAYCHEM RPG PRIVATE LIMITED         183

11.2.2    ZHEJIANG RHI ELECTRIC CO., LTD.       183

11.2.3    SEGUE ELECTRONICS, INC.       184

11.2.4    KINTO GROUP 184

11.2.5    EMS INDUSTRIAL & SERVICE COMPANY             184

*Details on Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.

12          APPENDIX         185

12.1       INSIGHTS FROM INDUSTRY EXPERTS   185

12.2       DISCUSSION GUIDE      185

12.3       KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL             189

12.4       CUSTOMIZATION OPTIONS      191

12.5       RELATED REPORTS       191

12.6       AUTHOR DETAILS         192