Key Findings
The laminated busbar market in North America deals with the market of the engineered component that consists of fabricated metal (copper/aluminum) layers, separated by thin dielectric materials and are laminated into a unified structure. The busbars can allow the flow of a large amount of current with a minimum voltage drop by maintaining the proper regulation of DC voltage across the system. They are majorly intended for use in power electronics, industrial applications, defense application, transportation, electronic devices, etc.

The North American laminated busbar market is expected to proliferate at a CAGR of 5.72% during the forecasting years of 2019-2027. The United States and Canada are considered for market analysis.

Market Insights
The North America market is expected to be on the growing significantly primarily due to the region’s government intends to support power electronics in the countries coupled with a high investment in the renewable energy sources. The increasing changing infrastructure amidst growing electric vehicle is likely to create a very profitable opportunity in laminated busbar market in the North America region during the forecast period.

In 2018, the majority of market share was captured by the United States in the global laminated busbar market in the North American region. The United States contributed xx% of market share in 2018 & is estimated to contribute the majority of share to remain at xx% in 2027 as compared to 2018. Further, the United States is anticipated to be the fastest growing segment in the market with a CAGR of xx% during the forecast period 2019-2027.

Competitive Insights
Methode Electronics Inc., Zhuzhou CRRC Times Electric Co. Ltd., Sun.King Power Electronics Group Limited, Rogers Corporation, Molex Incorporated, Storm Power Components, Mersen S.A., Electronic Systems Packaging LLC, Amphenol Corporation, Raychem RPG (P) Ltd., Jans Copper Pvt. Ltd., and OEM Automatic Ltd. are the companies that have been profiled in details within the report.