Global Laminated Busbar Market was valued USD$ 850.4 Mn in 2018 and is expected to reach US$ 1473.3 Mn by 2026, at CAGR of 7.11% during forecast period.
Global Laminated Busbar Market
Laminated busbars are widely used in power electronics and silicon carbide applications. Rising adoption of electric vehicles, hybrid electric vehicles, and motor drives is leading to the increasing demand for power stacks. These factors are projected to drive the power electronics and Silicon Carbide end-user segment of the laminated busbar market during forecast period.
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