Global New Energy Vehicle Busbar Market Growth 2023-2029
The global New Energy Vehicle Busbar market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
The electric vehicle battery busbar market refers to the market for conducting bars or strips used to connect the individual cells in an electric vehicle (EV) battery pack. The busbars are the critical components that carry the current between the cells and distribute power to the rest of the vehicle's electrical system.
With the increasing demand for EVs, the demand for battery busbars is also growing. The market is driven by the environmental concerns associated with internal combustion engine vehicles and the push for sustainable transportation. Additionally, the ongoing development of new technologies and the push towards energy-efficiency are expected to propel the market forward.
The global electric vehicle battery busbar market is expected to grow at a significant rate in the coming years, driven by the increasing adoption of electric vehicles globally. Asia-Pacific is expected to hold the largest market share due to the higher rate of EV adoption in countries like China, Japan, and South Korea. Europe and North America are also expected to be key markets for electric vehicle battery busbars, as governments in these regions push for the adoption of zero-emissions vehicles.
LPI (LP Information)' newest research report, the “New Energy Vehicle Busbar Industry Forecast” looks at past sales and reviews total world New Energy Vehicle Busbar sales in 2022, providing a comprehensive analysis by region and market sector of projected New Energy Vehicle Busbar sales for 2023 through 2029. With New Energy Vehicle Busbar sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world New Energy Vehicle Busbar industry.
This Insight Report provides a comprehensive analysis of the global New Energy Vehicle 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 New Energy Vehicle Busbar portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global New Energy Vehicle Busbar market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for New Energy Vehicle 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 New Energy Vehicle Busbar.
This report presents a comprehensive overview, market shares, and growth opportunities of New Energy Vehicle Busbar market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Copper Busbars
Aluminium Busbars
Segmentation by application
BEV
PHEV
FCV
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.
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
Key Questions Addressed in this Report
What is the 10-year outlook for the global New Energy Vehicle Busbar market?
What factors are driving New Energy Vehicle Busbar market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do New Energy Vehicle Busbar market opportunities vary by end market size?
How does New Energy Vehicle Busbar break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.