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Global Electric Vehicle Busbars Market Research Report 2024
Synopsis
Electric vehicle (EV) busbars are essential components of EV power systems. They are conductive bars that provide a pathway for electricity to flow between the battery, motor, and other electrical components of the vehicle. The busbars are typically made of copper or aluminum and are designed to withstand high temperatures and electrical currents. Because electric vehicles require high levels of power to operate, the busbars must be able to handle significant amounts of electrical current without overheating or melting. As EV technology continues to advance, busbars are becoming increasingly important in ensuring the safe and efficient operation of electric vehicles.
The global Electric Vehicle Busbars market was valued at US$ 1101 million in 2023 and is anticipated to reach US$ 4472 million by 2030, witnessing a CAGR of 20.9% during the forecast period 2024-2030.
The key manufacturers of Electric Vehicle Busbars include Intercable Automotive Solutions (Aptiv), Everwin Technology and BSB Technology Development, Methode Electronics, Rogers Corporation, etc. The top five players have a combined market share of about 62%.
Asia Pacific is the world's largest market, accounting for about 70% of the market. After that comes Europe, with about 20%.
In terms of product,, Electric Vehicle Busbars can be divided into copper busbars and aluminum busbars. Copper busbars account for the largest share of the market, about 83%.
Electric Vehicle Busbars are mainly used in BEV and PHEV.BEV is the main downstream industry, accounting for about 80% of the market, and this proportion continues to increase.
This report aims to provide a comprehensive presentation of the global market for Electric Vehicle Busbars, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Electric Vehicle Busbars.
Report Scope
The Electric Vehicle Busbars market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Electric Vehicle Busbars market comprehensively. Regional market sizes, concerning products by Materials, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Electric Vehicle Busbars manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Materials, by Application, and by regions.
Market Segmentation
By Company
Intercable Automotive Solutions (Aptiv)
Everwin Technology
BSB Technology Development
Rogers Corporation
Auto-Kabel
Methode Electronics
Suncall
Iwis e-tec
Mersen
RHI ELectric
Connor Manufacturing Services
Jenkent Electric Technology
Interplex
Segment by Materials
Copper Busbars
Aluminium Busbars
Segment by Application
BEV
PHEV
Production by Region
Europe
China
U.S.
Japan
Southeast Asia
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Materials, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Electric Vehicle Busbars manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Electric Vehicle Busbars by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Electric Vehicle Busbars in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Materials, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Electric vehicle (EV) busbars are essential components of EV power systems. They are conductive bars that provide a pathway for electricity to flow between the battery, motor, and other electrical components of the vehicle. The busbars are typically made of copper or aluminum and are designed to withstand high temperatures and electrical currents. Because electric vehicles require high levels of power to operate, the busbars must be able to handle significant amounts of electrical current without overheating or melting. As EV technology continues to advance, busbars are becoming increasingly important in ensuring the safe and efficient operation of electric vehicles.
The global Electric Vehicle Busbars market was valued at US$ 1101 million in 2023 and is anticipated to reach US$ 4472 million by 2030, witnessing a CAGR of 20.9% during the forecast period 2024-2030.
The key manufacturers of Electric Vehicle Busbars include Intercable Automotive Solutions (Aptiv), Everwin Technology and BSB Technology Development, Methode Electronics, Rogers Corporation, etc. The top five players have a combined market share of about 62%.
Asia Pacific is the world's largest market, accounting for about 70% of the market. After that comes Europe, with about 20%.
In terms of product,, Electric Vehicle Busbars can be divided into copper busbars and aluminum busbars. Copper busbars account for the largest share of the market, about 83%.
Electric Vehicle Busbars are mainly used in BEV and PHEV.BEV is the main downstream industry, accounting for about 80% of the market, and this proportion continues to increase.
This report aims to provide a comprehensive presentation of the global market for Electric Vehicle Busbars, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Electric Vehicle Busbars.
Report Scope
The Electric Vehicle Busbars market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Electric Vehicle Busbars market comprehensively. Regional market sizes, concerning products by Materials, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Electric Vehicle Busbars manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Materials, by Application, and by regions.
Market Segmentation
By Company
Intercable Automotive Solutions (Aptiv)
Everwin Technology
BSB Technology Development
Rogers Corporation
Auto-Kabel
Methode Electronics
Suncall
Iwis e-tec
Mersen
RHI ELectric
Connor Manufacturing Services
Jenkent Electric Technology
Interplex
Segment by Materials
Copper Busbars
Aluminium Busbars
Segment by Application
BEV
PHEV
Production by Region
Europe
China
U.S.
Japan
Southeast Asia
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Materials, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Electric Vehicle Busbars manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Electric Vehicle Busbars by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Electric Vehicle Busbars in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Materials, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Electric Vehicle Busbars Market Overview
1.1 Product Definition
1.2 Electric Vehicle Busbars Segment by Materials
1.2.1 Global Electric Vehicle Busbars Market Value Growth Rate Analysis by Materials 2023 VS 2030
1.2.2 Copper Busbars
1.2.3 Aluminium Busbars
1.3 Electric Vehicle Busbars Segment by Application
1.3.1 Global Electric Vehicle Busbars Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 BEV
1.3.3 PHEV
1.4 Global Market Growth Prospects
1.4.1 Global Electric Vehicle Busbars Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Electric Vehicle Busbars Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Electric Vehicle Busbars Production Estimates and Forecasts (2019-2030)
1.4.4 Global Electric Vehicle Busbars Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Electric Vehicle Busbars Production Market Share by Manufacturers (2019-2024)
2.2 Global Electric Vehicle Busbars Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Electric Vehicle Busbars, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Electric Vehicle Busbars Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Electric Vehicle Busbars Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Electric Vehicle Busbars, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Electric Vehicle Busbars, Product Offered and Application
2.8 Global Key Manufacturers of Electric Vehicle Busbars, Date of Enter into This Industry
2.9 Electric Vehicle Busbars Market Competitive Situation and Trends
2.9.1 Electric Vehicle Busbars Market Concentration Rate
2.9.2 Global 5 and 10 Largest Electric Vehicle Busbars Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Electric Vehicle Busbars Production by Region
3.1 Global Electric Vehicle Busbars Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Electric Vehicle Busbars Production Value by Region (2019-2030)
3.2.1 Global Electric Vehicle Busbars Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Electric Vehicle Busbars by Region (2025-2030)
3.3 Global Electric Vehicle Busbars Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Electric Vehicle Busbars Production by Region (2019-2030)
3.4.1 Global Electric Vehicle Busbars Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Electric Vehicle Busbars by Region (2025-2030)
3.5 Global Electric Vehicle Busbars Market Price Analysis by Region (2019-2024)
3.6 Global Electric Vehicle Busbars Production and Value, Year-over-Year Growth
3.6.1 Europe Electric Vehicle Busbars Production Value Estimates and Forecasts (2019-2030)
3.6.2 China Electric Vehicle Busbars Production Value Estimates and Forecasts (2019-2030)
3.6.3 U.S. Electric Vehicle Busbars Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Electric Vehicle Busbars Production Value Estimates and Forecasts (2019-2030)
3.6.5 Southeast Asia Electric Vehicle Busbars Production Value Estimates and Forecasts (2019-2030)
4 Electric Vehicle Busbars Consumption by Region
4.1 Global Electric Vehicle Busbars Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Electric Vehicle Busbars Consumption by Region (2019-2030)
4.2.1 Global Electric Vehicle Busbars Consumption by Region (2019-2024)
4.2.2 Global Electric Vehicle Busbars Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Electric Vehicle Busbars Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Electric Vehicle Busbars Consumption by Country (2019-2030)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe Electric Vehicle Busbars Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Electric Vehicle Busbars Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Electric Vehicle Busbars Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Electric Vehicle Busbars Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Electric Vehicle Busbars Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Electric Vehicle Busbars Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Materials
5.1 Global Electric Vehicle Busbars Production by Materials (2019-2030)
5.1.1 Global Electric Vehicle Busbars Production by Materials (2019-2024)
5.1.2 Global Electric Vehicle Busbars Production by Materials (2025-2030)
5.1.3 Global Electric Vehicle Busbars Production Market Share by Materials (2019-2030)
5.2 Global Electric Vehicle Busbars Production Value by Materials (2019-2030)
5.2.1 Global Electric Vehicle Busbars Production Value by Materials (2019-2024)
5.2.2 Global Electric Vehicle Busbars Production Value by Materials (2025-2030)
5.2.3 Global Electric Vehicle Busbars Production Value Market Share by Materials (2019-2030)
5.3 Global Electric Vehicle Busbars Price by Materials (2019-2030)
6 Segment by Application
6.1 Global Electric Vehicle Busbars Production by Application (2019-2030)
6.1.1 Global Electric Vehicle Busbars Production by Application (2019-2024)
6.1.2 Global Electric Vehicle Busbars Production by Application (2025-2030)
6.1.3 Global Electric Vehicle Busbars Production Market Share by Application (2019-2030)
6.2 Global Electric Vehicle Busbars Production Value by Application (2019-2030)
6.2.1 Global Electric Vehicle Busbars Production Value by Application (2019-2024)
6.2.2 Global Electric Vehicle Busbars Production Value by Application (2025-2030)
6.2.3 Global Electric Vehicle Busbars Production Value Market Share by Application (2019-2030)
6.3 Global Electric Vehicle Busbars Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Intercable Automotive Solutions (Aptiv)
7.1.1 Intercable Automotive Solutions (Aptiv) Electric Vehicle Busbars Corporation Information
7.1.2 Intercable Automotive Solutions (Aptiv) Electric Vehicle Busbars Product Portfolio
7.1.3 Intercable Automotive Solutions (Aptiv) Electric Vehicle Busbars Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Intercable Automotive Solutions (Aptiv) Main Business and Markets Served
7.1.5 Intercable Automotive Solutions (Aptiv) Recent Developments/Updates
7.2 Everwin Technology
7.2.1 Everwin Technology Electric Vehicle Busbars Corporation Information
7.2.2 Everwin Technology Electric Vehicle Busbars Product Portfolio
7.2.3 Everwin Technology Electric Vehicle Busbars Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Everwin Technology Main Business and Markets Served
7.2.5 Everwin Technology Recent Developments/Updates
7.3 BSB Technology Development
7.3.1 BSB Technology Development Electric Vehicle Busbars Corporation Information
7.3.2 BSB Technology Development Electric Vehicle Busbars Product Portfolio
7.3.3 BSB Technology Development Electric Vehicle Busbars Production, Value, Price and Gross Margin (2019-2024)
7.3.4 BSB Technology Development Main Business and Markets Served
7.3.5 BSB Technology Development Recent Developments/Updates
7.4 Rogers Corporation
7.4.1 Rogers Corporation Electric Vehicle Busbars Corporation Information
7.4.2 Rogers Corporation Electric Vehicle Busbars Product Portfolio
7.4.3 Rogers Corporation Electric Vehicle Busbars Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Rogers Corporation Main Business and Markets Served
7.4.5 Rogers Corporation Recent Developments/Updates
7.5 Auto-Kabel
7.5.1 Auto-Kabel Electric Vehicle Busbars Corporation Information
7.5.2 Auto-Kabel Electric Vehicle Busbars Product Portfolio
7.5.3 Auto-Kabel Electric Vehicle Busbars Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Auto-Kabel Main Business and Markets Served
7.5.5 Auto-Kabel Recent Developments/Updates
7.6 Methode Electronics
7.6.1 Methode Electronics Electric Vehicle Busbars Corporation Information
7.6.2 Methode Electronics Electric Vehicle Busbars Product Portfolio
7.6.3 Methode Electronics Electric Vehicle Busbars Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Methode Electronics Main Business and Markets Served
7.6.5 Methode Electronics Recent Developments/Updates
7.7 Suncall
7.7.1 Suncall Electric Vehicle Busbars Corporation Information
7.7.2 Suncall Electric Vehicle Busbars Product Portfolio
7.7.3 Suncall Electric Vehicle Busbars Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Suncall Main Business and Markets Served
7.7.5 Suncall Recent Developments/Updates
7.8 Iwis e-tec
7.8.1 Iwis e-tec Electric Vehicle Busbars Corporation Information
7.8.2 Iwis e-tec Electric Vehicle Busbars Product Portfolio
7.8.3 Iwis e-tec Electric Vehicle Busbars Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Iwis e-tec Main Business and Markets Served
7.7.5 Iwis e-tec Recent Developments/Updates
7.9 Mersen
7.9.1 Mersen Electric Vehicle Busbars Corporation Information
7.9.2 Mersen Electric Vehicle Busbars Product Portfolio
7.9.3 Mersen Electric Vehicle Busbars Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Mersen Main Business and Markets Served
7.9.5 Mersen Recent Developments/Updates
7.10 RHI ELectric
7.10.1 RHI ELectric Electric Vehicle Busbars Corporation Information
7.10.2 RHI ELectric Electric Vehicle Busbars Product Portfolio
7.10.3 RHI ELectric Electric Vehicle Busbars Production, Value, Price and Gross Margin (2019-2024)
7.10.4 RHI ELectric Main Business and Markets Served
7.10.5 RHI ELectric Recent Developments/Updates
7.11 Connor Manufacturing Services
7.11.1 Connor Manufacturing Services Electric Vehicle Busbars Corporation Information
7.11.2 Connor Manufacturing Services Electric Vehicle Busbars Product Portfolio
7.11.3 Connor Manufacturing Services Electric Vehicle Busbars Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Connor Manufacturing Services Main Business and Markets Served
7.11.5 Connor Manufacturing Services Recent Developments/Updates
7.12 Jenkent Electric Technology
7.12.1 Jenkent Electric Technology Electric Vehicle Busbars Corporation Information
7.12.2 Jenkent Electric Technology Electric Vehicle Busbars Product Portfolio
7.12.3 Jenkent Electric Technology Electric Vehicle Busbars Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Jenkent Electric Technology Main Business and Markets Served
7.12.5 Jenkent Electric Technology Recent Developments/Updates
7.13 Interplex
7.13.1 Interplex Electric Vehicle Busbars Corporation Information
7.13.2 Interplex Electric Vehicle Busbars Product Portfolio
7.13.3 Interplex Electric Vehicle Busbars Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Interplex Main Business and Markets Served
7.13.5 Interplex Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Electric Vehicle Busbars Industry Chain Analysis
8.2 Electric Vehicle Busbars Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Electric Vehicle Busbars Production Mode & Process
8.4 Electric Vehicle Busbars Sales and Marketing
8.4.1 Electric Vehicle Busbars Sales Channels
8.4.2 Electric Vehicle Busbars Distributors
8.5 Electric Vehicle Busbars Customers
9 Electric Vehicle Busbars Market Dynamics
9.1 Electric Vehicle Busbars Industry Trends
9.2 Electric Vehicle Busbars Market Drivers
9.3 Electric Vehicle Busbars Market Challenges
9.4 Electric Vehicle Busbars Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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