North America Laminated Busbar Market Size & Outlook
The laminated busbar market in North America is expected to reach a projected revenue of US$ 356.8 million by 2030. A compound annual growth rate of 5.9% is expected of North America laminated busbar market from 2024 to 2030.
Revenue, 2023 (US$M)
$238.4
Forecast, 2030 (US$M)
$356.8
CAGR, 2024 - 2030
5.9%
Report Coverage
North America
North America laminated busbar market, 2018-2030 (US$M)
North America laminated busbar market highlights
- The North America laminated busbar market generated a revenue of USD 238.4 million in 2023.
- The market is expected to grow at a CAGR of 5.9% 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.
North America data book summary
| Market revenue in 2023 | USD 238.4 million |
| Market revenue in 2030 | USD 356.8 million |
| Growth rate | 5.9% (CAGR from 2023 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 |
Other key industry trends
- In terms of revenue, North America region accounted for 29.0% 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
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
| Name | Profile | # Employees | HQ | Website |
|---|
North America laminated busbar market
Related regional statistics
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