South Korea Laminated Busbar Market to 2032

Overview

The South Korea Laminated Busbar Market is expected to reach a 291.30 USD Million by 2032 and is projected to grow at a CAGR of 10.13% from 2025 to 2032.

Revenue, 2024 (USD Million)
165.80
Forecast, 2032 (USD Million)
291.30
CAGR, 2024 - 2032
10.13%
Report Coverage
South Korea

South Korea Laminated Busbar Market 2018-2032 USD Million

South Korea Laminated Busbar Market, Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 165.80 USD Million
  • Projected Market Size (2032): 291.30 USD Million
  • CAGR (2025-2032): 10.13%

Key Findings of South Korea Laminated Busbar Market

  • The South Korea Laminated Busbar Market was valued at 165.80 USD Million in 2024.
  • The South Korea Laminated Busbar Market is likely to grow at a CAGR of 10.13% during the forecast period of 2024 to 2032.
  • In 2024, the Largest segment Energy & Power in End User Segment accounted for the largest share of the market with a revenue of 309.92 USD Million
  • The fastest growing segment Chamfer in Shape Wise Segment grew Fastest with a CAGR of 11.23% during the forecast period from 2024 to 2032.

South Korea Laminated Busbar Market Scope

South Korea Laminated Busbar Market Segmentation & Scope
End User
  • Others
  • Military & Aerospace
  • Utilities
  • Telecommunications
  • Residential
  • Metal & Mining
  • Automotive
  • Transportation
  • Manufacturing
  • Energy & Power
Insulation Material
  • PVF Film
  • Polyester Resin
  • Heat Resistant Fiber
  • Polyimide Film
  • Polyester Film
  • Epoxy Powder Coating
Plating
  • Silver
  • Nickel
  • Tin
Power Rating
  • Low Power
  • High Power
  • Medium Power
Conductor
  • Aluminum
  • Copper
Weight Wise
  • Less Than 1 Kg
  • More Than 1 Kg
Shape Wise
  • Chamfer
  • Rectangle
Length
  • More Than 3M
  • 2M to 3M
  • 1M To 2M
  • Less Than 1M

South Korea Laminated Busbar Market Data Coverage Insights

Study Period 2024-2032
Base Year 2021
Unit Revenue in USD Million
Market Value in 2024 165.80 USD Million
Market Value in 2032 291.30 USD Million
CAGR (2025-2032) 10.13%
Historic Data 2016-2023
Market Segments Covered End User,Insulation Material,Plating,Power Rating,Conductor,Weight Wise,Shape Wise,Length

Regional Insights:

  • Leading Market (2024-2032): South Korea, leading in terms of revenue 165.80 USD Million in 2024
    • Key Country: South Korea, leading in terms of revenue with value of 165.80 USD Million in 2024.

Segments and Scope

  • South Korea Laminated Busbar Market to 2032, By End User
    • Energy & Power is the largest segment in South Korea Laminated Busbar Market to 2032 with a revenue of 309.92 USD Million in the year 2024.
    • Energy & Power is the Fastest growing segment in South Korea Laminated Busbar Market to 2032 with a Growth rate of 10.70 % in forecast period 2025-2032.
  • South Korea Laminated Busbar Market to 2032, By Insulation Material
    • Epoxy Powder Coating is the largest segment in South Korea Laminated Busbar Market to 2032 with a revenue of 59.04 USD Million in the year 2024.
    • Epoxy Powder Coating is the Fastest growing segment in South Korea Laminated Busbar Market to 2032 with a Growth rate of 10.97 % in forecast period 2025-2032.
  • South Korea Laminated Busbar Market to 2032, By Plating
    • Tin is the largest segment in South Korea Laminated Busbar Market to 2032 with a revenue of 77.35 USD Million in the year 2024.
    • Tin is the Fastest growing segment in South Korea Laminated Busbar Market to 2032 with a Growth rate of 10.93 % in forecast period 2025-2032.
  • South Korea Laminated Busbar Market to 2032, By Power Rating
    • Medium Power is the largest segment in South Korea Laminated Busbar Market to 2032 with a revenue of 72.67 USD Million in the year 2024.
    • Medium Power is the Fastest growing segment in South Korea Laminated Busbar Market to 2032 with a Growth rate of 11.22 % in forecast period 2025-2032.
  • South Korea Laminated Busbar Market to 2032, By Conductor
    • Copper is the largest segment in South Korea Laminated Busbar Market to 2032 with a revenue of 102.93 USD Million in the year 2024.
    • Aluminum is the Fastest growing segment in South Korea Laminated Busbar Market to 2032 with a Growth rate of 9.74 % in forecast period 2025-2032.
  • South Korea Laminated Busbar Market to 2032, By Weight Wise
    • More Than 1 Kg is the largest segment in South Korea Laminated Busbar Market to 2032 with a revenue of 97.68 USD Million in the year 2024.
    • Less Than 1 Kg is the Fastest growing segment in South Korea Laminated Busbar Market to 2032 with a Growth rate of 9.46 % in forecast period 2025-2032.
  • South Korea Laminated Busbar Market to 2032, By Shape Wise
    • Rectangle is the largest segment in South Korea Laminated Busbar Market to 2032 with a revenue of 125.23 USD Million in the year 2024.
    • Chamfer is the Fastest growing segment in South Korea Laminated Busbar Market to 2032 with a Growth rate of 9.76 % in forecast period 2025-2032.
  • South Korea Laminated Busbar Market to 2032, By Length
    • Less Than 1M is the largest segment in South Korea Laminated Busbar Market to 2032 with a revenue of 74.83 USD Million in the year 2024.
    • Less Than 1M is the Fastest growing segment in South Korea Laminated Busbar Market to 2032 with a Growth rate of 11.02 % in forecast period 2025-2032.

South Korea Laminated Busbar Market Company Share Analysis

 
Company Name Company Share Analysis
Molex, LLC
ABB
MERSEN PROPERTY
Rogers Corporation
Ryoden Kasei Co.,Ltd.
South Korea Laminated Busbar Market Company Share Analysis

South Korea Laminated Busbar Market Geographical Sales Distribution, 2018-2032 USD Million

South Korea Laminated Busbar Market Geographical Sales Distribution, 2018-2032 USD Million

South Korea Laminated Busbar Market Company Profiling

South Korea Laminated Busbar Market Company Profiling
Frequently Asked Questions
The South Korea Laminated Busbar Market is segmented based on Segmentation End User,Insulation Material,Plating,Power Rating,Conductor,Weight Wise,Shape Wise,Length.
South Korea Laminated Busbar Market was valued at USD 165.80(Revenue in USD Million) in 2021.
South Korea Laminated Busbar Market is projected to grow at a CAGR of 10.13% during the forecast period of 2024 to 2032.
The Energy & Power segment is expected to dominate the South Korea Laminated Busbar Market, holding a largest market share of 309.92 USD Million in 2024

South Korea Laminated Busbar Market Scope

South Korea Laminated Busbar Market Segmentation & Scope
End User
  • Others
  • Military & Aerospace
  • Utilities
  • Telecommunications
  • Residential
  • Metal & Mining
  • Automotive
  • Transportation
  • Manufacturing
  • Energy & Power
Insulation Material
  • PVF Film
  • Polyester Resin
  • Heat Resistant Fiber
  • Polyimide Film
  • Polyester Film
  • Epoxy Powder Coating
Plating
  • Silver
  • Nickel
  • Tin
Power Rating
  • Low Power
  • High Power
  • Medium Power
Conductor
  • Aluminum
  • Copper
Weight Wise
  • Less Than 1 Kg
  • More Than 1 Kg
Shape Wise
  • Chamfer
  • Rectangle
Length
  • More Than 3M
  • 2M to 3M
  • 1M To 2M
  • Less Than 1M
Frequently Asked Questions
The South Korea Laminated Busbar Market is segmented based on Segmentation End User,Insulation Material,Plating,Power Rating,Conductor,Weight Wise,Shape Wise,Length.
South Korea Laminated Busbar Market was valued at USD 165.80(Revenue in USD Million) in 2021.
South Korea Laminated Busbar Market is projected to grow at a CAGR of 10.13% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Laminated Busbar Market for final year is USD 291.30 (USD Million).

South Korea Laminated Busbar Market Company Profiling

South Korea Laminated Busbar Market Company Profiling
Frequently Asked Questions
The South Korea Laminated Busbar Market is segmented based on Segmentation End User,Insulation Material,Plating,Power Rating,Conductor,Weight Wise,Shape Wise,Length.
South Korea Laminated Busbar Market was valued at USD 165.80(Revenue in USD Million) in 2021.
South Korea Laminated Busbar Market is projected to grow at a CAGR of 10.13% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Laminated Busbar Market for final year is USD 291.30 (USD Million).

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