Global Coated Busbar Market Outlook (2025–2032): 5.6% CAGR Driven by Grid Modernization & Renewable Energy Expansion
global coated busbar market is experiencing steady growth, expanding from USD 3.45 billion in 2024 to USD 5.04 billion by 2032 at a CAGR of 5.6%. This growth is fueled by rising demand for energy-efficient power transmission, rapid renewable energy deployment, and increasing adoption across EV charging infrastructure, data centers, and industrial power distribution systems.