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Laminated Busbar Market worth 955.6 Million USD by 2021

(EnergyIndustry.Net, September 20, 2017 ) The report "Laminated Busbar Market by Insulation (Epoxy Powder Coating, Kapton, Mylar, Nomex, Tedlar, and Teonex), End User (Power Electronics, Alternative Energy, Transportation, Telecom, Datacenters, A&D, Industrial), and Region - Global forecast to 2021", The laminated busbar market is expected to grow from an estimated USD 723.6 Million in 2016 to USD 955.6 Million by 2021, registering a CAGR of 5.72% from 2016 to 2021. The global market is witnessing significant growth due to development of smart cities, increase in the contribution of renewable energy sources to the global power generation mix, and increasing awareness about energy efficiency and saving.



Browse 65 market data Tables and 42 Figures spread through 136 Pages and in-depth TOC on "Laminated Busbar Market by Insulation (Epoxy Powder Coating, Kapton, Mylar, Nomex, Tedlar, and Teonex), End User (Power Electronics, Alternative Energy, Transportation, Telecom, Datacenters, A&D, Industrial), and Region - Global forecast to 2021"



http://www.marketsandmarkets.com/Market-Reports/laminated-busbar-market-211931233.html



Early buyers will receive 10% customization on reports.



Epoxy Powder Coating segment is expected to hold the largest share of the laminated busbar market, by insulation material, during the forecast period

The epoxy powder coating segment led the overall laminated busbar market in 2015, owing to the increasing demand for busbars across the globe. Epoxy powder coating also costs relatively less in comparison with other types of insulation, which makes them increasingly favored by the end-use industries, and as a result, the market for this insulation type is the largest. However, the tedlar insulation material sub segment is expected to register a higher growth rate during the forecast period.



Download PDF Brochure: http://www.marketsandmarkets.com/pdfdownload.asp?id=211931233



Alternative energy to be the fastest growing segment in the global laminated busbar market

The alternative energy sector is expected to be the fastest growing sector in the global laminated busbar market during the forecast period. Power generation through alternative energy requires the creation of DC feeds through a low inductance laminated busbar into an insulated-gate bipolar transistor (IGBT) and capacitor circuit, delivering safe and efficient power which means there would be high demand for laminated busbars in this sector.



Europe: The leading market for laminated busbar

In this report, the laminated busbar market has been analyzed with respect to five regions, namely, North America, Europe, Asia-Pacific, South America, and the Middle East & Africa. Europe is expected to dominate the global laminated busbar market, given the increasing utilization of steel in various industries such as mechanical, shipbuilding, automotive, appliances, packaging, construction, and transportation.



To enable an in-depth understanding of the competitive landscape, the report includes profiles of some of the leading players in the laminated busbar market. These players include Amphenol Corporation (U.S.), Idealec SAS (France), Methode Electronics, Inc. (U.S.), Mersen S.A. (France), Rogers Corporation (U.S.), and Sun.King Power Electronics Group Limited (China). Leading players are trying to penetrate the markets in developing economies and are adopting various strategies to increase their market share.



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Our 850 fulltime analyst and SMEs at MarketsandMarkets™ 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™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ 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.



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