The Asia Pacific market for laminated busbar is expected to proliferate at a CAGR of 6.68% during the forecasting years of 2019-2027. The Asia-Pacific laminated busbar market mainly segmented into China, India, Japan, Australia, South Korea and the Rest of Asia-Pacific.
Laminated busbar finds its application primarily in alternative energy, data center. The Asia-Pacific Laminated Busbar Market is expected to be on the up-surging trend owing to rising government investment in smart grid infrastructure along with the government efforts to enhance power capacity and high investment in renewable sources of energy.
In 2018, majority of market share was captured by China in the global laminated busbar market in Asia Pacific region. China contributed xx% of market share in 2018 & is estimated to contribute majority of share to remain at xx% in 2027 as compared to 2018. Further, India is anticipated to be the fastest growing segment in the market with of xx% market share during forecast period of 2019-2027.
The major companies that are mentioned in the report are Mersen S.A., Amphenol Corporation, Electronic Systems Packaging LLC, Zhuzhou CRRC Times Electric Co. Ltd., Jans Copper Pvt. Ltd., Sun.King Power Electronics Group Limited, Rogers Corporation, OEM Automatic Ltd., Raychem RPG (P) Ltd., Methode Electronics Inc., Storm Power Components, and Molex Incorporated.