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 4.6% 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
4.6%
Report Coverage
Latin America

Latin America laminated busbar market, 2018-2030 (US$M)

Latin

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 4.6% 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 2023USD 66.9 million
Market revenue in 2030USD 91.6 million
Growth rate4.6% (CAGR from 2023 to 2030)
Largest segmentCopper
Fastest growing segmentCopper
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationCopper


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 Scope

Laminated busbar market segmentation & scope
Aluminum
End Use
Utilities
Industrial
Commercial
Residential
Countries
U.S.
Canada
Mexico
Germany
UK
France
Italy
Spain
Denmark
Sweden
Norway
China
Japan
India
South Korea
Australia
Thailand
Brazil
Argentina
South Africa
Saudi Arabia
UAE
Kuwait

Laminated Busbar Market Companies

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Latin America laminated busbar market

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