The Global Laminated Busbar Market was valued at USD 715.70 Million in 2023 and is projected to reach USD 1,110.29 Million by 2032, growing at a Compound Annual Growth Rate (CAGR) of 5.00% during the forecast period (2024–2032). This expansion is fueled by accelerating electrification across sectors, renewable energy adoption, and the explosive growth of electric vehicles requiring high-efficiency power distribution components.
As industries worldwide transition toward optimized energy systems, laminated busbars have emerged as critical infrastructure for power electronics, EV battery systems, and renewable energy converters. This analysis spotlights the Top 10 Companies in the Laminated Busbar Industry—innovators shaping power distribution through advanced materials and engineering solutions.
🔟 1. Mersen
Headquarters: Paris, France
Key Offering: High-performance laminated busbars, thermal management solutions
Mersen stands as a global authority in power electronics, specializing in engineered busbar systems for demanding industrial and energy applications. Their patented multilayer designs deliver superior current handling and heat dissipation capabilities.
Technical Advantages:
- CoolTech® insulation technology for high-density applications
- Integrated solutions for EV battery management
- Custom configurations for mega-watt scale converters
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9️⃣ 2. Methode Electronics
Headquarters: Chicago, Illinois, USA
Key Offering: Engineered copper/aluminum busbar assemblies
Methode Electronics delivers customized power distribution solutions across automotive, industrial, and renewable energy markets, featuring proprietary surface treatments for enhanced durability.
Technical Advantages:
- Automotive-grade reliability for EV applications
- High-current density designs (up to 500A/mm²)
- FlexCircuit® hybrid integration technology
8️⃣ 3. Rogers Corporation
Headquarters: Chandler, Arizona, USA
Key Offering: High-frequency and flexible busbar solutions
Rogers Corporation provides advanced material solutions for power electronics, specializing in low-inductance busbars essential for high-speed switching in next-generation EVs and renewable inverters.
Technical Advantages:
- Curamik® ceramic substrate integration
- Solutions for 800V+ EV architectures
- Integrated EMI/RFI shielding
7️⃣ 4. Amphenol Corporation
Headquarters: Wallingford, Connecticut, USA
Key Offering: Modular power distribution systems
Amphenol designs scalable busbar solutions for mission-critical applications including data centers, energy storage systems, and industrial automation environments.
Technical Advantages:
- Plug-and-play interconnect systems
- Combined power/signal transmission
- Military-grade corrosion resistance
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6️⃣ 5. Zhuzhou CRRC Times Electric
Headquarters: Zhuzhou, China
Key Offering: Heavy-duty transportation power solutions
As a subsidiary of CRRC Group, this company develops specialized busbars for China’s high-speed rail networks and expanding EV sector, combining robustness with precision engineering.
Technical Advantages:
- Vibration-resistant designs for rail applications
- Lightweight aluminum alloy formulations
- Integrated thermal monitoring solutions
5️⃣ 6. OEM Automatic
Headquarters: Longueuil, Canada
Key Offering: Custom busbar assemblies
OEM Automatic provides rapid prototyping and manufacturing services for specialized busbar applications across North America’s EV and clean energy sectors.
Technical Advantages:
- 72-hour prototype turnaround
- 3D CAD integration services
- Low-inductance configurations
4️⃣ 7. Electronic Systems Packaging
Headquarters: Bohemia, New York, USA
Key Offering: Aerospace/military power distribution
ESP engineers mission-critical busbar solutions that meet stringent MIL-STD specifications for defense and aerospace power systems.
Technical Advantages:
- Extreme environment performance (-55°C to +200°C)
- EMI/EMP hardening
- Space-grade material formulations
3️⃣ 8. Suzhou West Deane Machinery
Headquarters: Suzhou, China
Key Offering: High-volume busbar production
This manufacturer specializes in cost-effective copper busbars for Asia’s industrial automation and power infrastructure expansion.
Technical Advantages:
- Automated precision stamping processes
- Multi-layer lamination technology
- Regional supply chain integration
2️⃣ 9. Storm Power Components
Headquarters: Deerfield Beach, Florida, USA
Key Offering: Precision die-cut busbars
Storm Power Components utilizes advanced manufacturing techniques to produce customized busbars for North American energy applications.
Technical Advantages:
- 24-hour rapid prototyping
- Ultra-thin profiles (down to 0.1mm)
- Specialized plating options (tin, silver, nickel)
1️⃣ 10. Shenzhen Woer New Energy
Headquarters: Shenzhen, China
Key Offering: EV battery busbar systems
Specializing in lithium-ion battery interconnections, Woer New Energy provides integrated busbar solutions for China’s rapidly growing EV market.
Technical Advantages:
- Cell-to-pack integration solutions
- Integrated current sensing technology
- Thermal runaway prevention systems
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⚡ Outlook: The Evolving Landscape of Power Distribution
The laminated busbar market is undergoing significant transformation as industries demand more compact, efficient power solutions. Primary growth sectors include electric mobility, renewable energy infrastructure, and industrial automation requiring higher power densities.
🔌 Key Industry Trends:
- Adoption in next-gen 800V+ EV platforms
- Integration with wide-bandgap semiconductors (SiC/GaN)
- Modular designs for scalable energy storage
- Thinner materials enabling miniaturization
- Smart busbars with integrated sensors
The profiled companies represent the vanguard of power distribution technology, driving innovations that will define the energy systems of tomorrow.
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Laminated Busbar Market – View in Detailed Research Report
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