Global Electric Vehicle Laminated Busbar Market Growth 2024-2030

Global Electric Vehicle Laminated Busbar Market Growth 2024-2030

In electric vehicles (EVs), a laminated busbar plays a crucial role in the power distribution system. It essentially acts as a highway for high-voltage current, connecting the battery pack to various electric components like the motor, inverter, and auxiliary systems.

The global Electric Vehicle Laminated Busbar market size is projected to grow from US$ 940.1 million in 2023 to US$ 1484.4 million in 2030; it is expected to grow at a CAGR of 6.7% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Electric Vehicle Laminated Busbar Industry Forecast” looks at past sales and reviews total world Electric Vehicle Laminated Busbar sales in 2023, providing a comprehensive analysis by region and market sector of projected Electric Vehicle Laminated Busbar sales for 2024 through 2030. With Electric Vehicle Laminated Busbar sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electric Vehicle Laminated Busbar industry.

This Insight Report provides a comprehensive analysis of the global Electric Vehicle Laminated Busbar landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Electric Vehicle Laminated Busbar portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Electric Vehicle Laminated Busbar market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electric Vehicle Laminated Busbar and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Electric Vehicle Laminated Busbar.

Global EV sales continued strong. A total of 10,5 million new BEVs and PHEVs were delivered during 2022, an increase of +55 % compared to 2021. China and Europe emerged as the main drivers of strong growth in global EV sales. In 2022, the production and sales of new energy vehicles in China reach 7.0 million and 6.8 million respectively, a year-on-year increase of 96.9% and 93.4%, with a market share of 25.6%. The production and sales of new energy vehicles have ranked first in the world for eight consecutive years. Among them, the sales volume of pure electric vehicles was 5.365 million, a year-on-year increase of 81.6%. In 2022, sales of pure electric vehicles in Europe will increase by 29% year-on-year to 1.58 million.

This report presents a comprehensive overview, market shares, and growth opportunities of Electric Vehicle Laminated Busbar market by product type, application, key manufacturers and key regions and countries.

Segmentation by type
Copper Conductor
Aluminum Conductor

Segmentation by application
BEV
PHEV

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Mersen
Molex
Storm Power Components
Rogers
Amphenol
RHI-Busbar
Connor Manufacturing
BRAR Group
Zhejiang RHI Electric
Wenlida Technology
Bevone
Suzhou West Deane New Power Electric
Prostech
Methode Power Solutions Group

Key Questions Addressed in this Report

What is the 10-year outlook for the global Electric Vehicle Laminated Busbar market?

What factors are driving Electric Vehicle Laminated Busbar market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Electric Vehicle Laminated Busbar market opportunities vary by end market size?

How does Electric Vehicle Laminated Busbar break out type, application?

Please note: The report will take approximately 2 business days to prepare and deliver.