The laminated busbar market is projected to grow at a CAGR of 6% from 2020 to 2025, to reach a market size of USD 1,183 million by 2025 from USD 861 million in 2020. Cost-efficiency and operational benefits of laminated busbars, demand for safe and secure electrical distribution systems, and focus on renewable energy are expected to drive the laminated busbar market during the forecast period.
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Laminated Busbar Market Segmentations
By Material
• Copper
• Aluminum
By End-User
• Utilities
• Industrial
• Commercial
• Residential
By Insulation Material
• Epoxy Powder Coating
• Polyester Film
• PVF Film
• Polyester Resin
• Heat-Resistant Fiber
• Polyimide Film
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