Latin America Laminated Busbar Market Size & Outlook
The laminated busbar market in Latin America is expected to reach a projected revenue of US$ 91.6 million by 2030. A compound annual growth rate of 4.5% is expected of Latin America laminated busbar market from 2024 to 2030.
Revenue, 2023 (US$M)
$66.9
Forecast, 2030 (US$M)
$91.6
CAGR, 2024 - 2030
4.5%
Report Coverage
Latin America
Latin America laminated busbar market highlights
- The Latin America laminated busbar market generated a revenue of USD 66.9 million in 2023.
- The market is expected to grow at a CAGR of 4.5% from 2024 to 2030.
- In terms of segment, copper was the largest revenue generating material in 2023.
- Copper is the most lucrative material segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 66.9 million |
| Market revenue in 2030 | USD 91.6 million |
| Growth rate | 4.5% (CAGR from 2024 to 2030) |
| Largest segment | Copper |
| Fastest growing segment | Copper |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Copper |
| Key market players worldwide | Eaton Corp PLC, Ryoden Kasei, Methode Electronics, Rogers Corp, Mersen SA, Sun.King Power Electronics Group, Zhuzhou CRRC Times Electric, Amphenol Corp Class A, Shanghai Eagtop Electronic Technology, Molex |
Other key industry trends
- In terms of revenue, Latin America region accounted for 8.1% of the global laminated busbar market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 463.1 million by 2030.
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Laminated Busbar Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Shanghai Eagtop Electronic Technology | View profile | 11-50 | Shanghai, Shanghai, China, Asia | http://www.eagtop.com/ |
| Zhuzhou CRRC Times Electric | View profile | 5001-10000 | Zhuzhou, Hunan, China, Asia | http://www.tec.crrczic.cc/ |
| Sun.King Power Electronics Group | View profile | 501-1000 | Shunyi, Beijing, China, Asia | http://www.sunking-tech.com/ |
| Methode Electronics | View profile | 1001-5000 | Chicago, Illinois, United States, North America | http://methode.com |
| Ryoden Kasei | View profile | - | Hyogo, Hokkaido, Japan, Asia | http://www.ryoka.co.jp |
| Rogers Corp | View profile | 3300 | 2225 West Chandler Boulevard, Chandler, AZ, United States, 85224-6155 | https://www.rogerscorp.com |
| Molex | View profile | 11-50 | Hankamer, Texas, United States, North America | https://www.molexcompany.com |
| Eaton Corp PLC | View profile | 94000 | 30 Pembroke Road, Eaton House, Dublin, Ireland, D04 Y0C2 | https://www.eaton.com |
| Amphenol Corp Class A | View profile | 95000 | 358 Hall Avenue, Wallingford, CT, United States, 06492 | https://www.amphenol.com |
| Mersen SA | View profile | 7534 | Tour Trinity, 1 bis place de la Defense, Courbevoie, France, 92400 | https://www.mersen.com |
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