Market Overview:
The global busbar for EV market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for electric vehicles across the globe. In terms of type, flat strips are expected to dominate the global busbar for EV market during the forecast period. This can be attributed to their low manufacturing cost and easy installation process as compared to solid bars. By application, electric cars are expected to account for a major share of the global busbar for EV market during the forecast period. This can be attributed to government initiatives towards promoting electric vehicles across various countries worldwide.
Product Definition:
A busbar (also bus bar, power bus, or electric bus) is a metallic strip or bar that conducts electricity throughout a electrical system. It is used to connect several electrical components together and usually runs the length of the entire system. The importance of a busbar for an EV is that it provides an efficient way to distribute power throughout the vehicle. Without it, each component would have to be individually connected to the battery pack, which would reduce efficiency and increase weight.
Flat Strips:
Flat strips are thin, flexible and robust electrical conductors made from high temperature super-abrasive material. They have a wide range of applications in the power industry for distribution and transmission of electric current. In EV market flat strips are used as busbar which is an essential part of any electric vehicle (EV).
Solid Bars:
Solid bars are used in busbar for electric vehicle market. They are made of alloy steel and carbon fiber. These products have high tensile strength and low elongation to break when hit by a car or any other obstacle.
These products do not melt on impact, but rather deform into shape of an L, which helps in preventing secondary fire along the bar.
Application Insights:
The electric car segment led the global busbar for EV market in 2017 and is projected to maintain its dominance over the forecast period. The increasing production of EVs, such as Tesla, Nissan Leaf, Chevrolet Volts and so on is expected to drive the demand for busbars. These buses bars are used in electric cars as they provide a reliable power source in case of emergencies or accidents.
Electric golf cart segment held a significant share of the global market owing to growing investments by governments across various countries to promote Electric Vehicles (EVs) as an alternative form of transportation.
Regional Analysis:
Asia Pacific dominated the global busbar market in 2017 and is expected to continue its dominance over the next eight years. The presence of key automobile manufacturers, such as Toyota, Honda Motor Company, Nissan Motors Corporation and Suzuki Motor Corporation; has resulted in high demand for electric vehicles across Asia Pacific. Moreover, favorable government policies regarding the use of environment-friendly electric vehicles are anticipated to drive industry growth. For instance, China offers subsidies on battery charging stations that enable users to charge their EVs for free using electricity from the grid or a household solar panel system.
Europe accounted for a significant share owing to increasing investments by governments towards development of EV infrastructure coupled with growing adoption by fleet operators such as municipal buses and taxicabs across major countries including Germany; France; Italy; U.K.
Growth Factors:
- Busbar for EV market will grow as the number of electric vehicles on the road increases.
- The busbar for EV market will grow as governments and municipalities invest in electric vehicle infrastructure projects.
- The busbar for EV market will grow as battery technology improves, making electric vehicles more affordable and practical for consumers.
- The busbar for EV market will grow as automakers increase their production of electric vehicles models and variants.
Scope Of The Report
Report Attributes
Report Details
Report Title
Busbar for EV Market Research Report
By Type
Flat Strips, Solid Bars
By Application
Electric Car, Electric Golf Cart, Others
By Companies
Shenzhen Everwin Technology, Zhejiang RHI Electric, APCSI, Storm Power Components, ELEKTRO NORDIC OU, Oriental Copper, Gindre, Schneider Electric, Southwire Company LLC, Luvata, Shenzhen Everwin Technology, Metal Gems, EMS Industrial & Service Company
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
138
Number of Tables & Figures
97
Customization Available
Yes, the report can be customized as per your need.
Global Busbar for EV Market Report Segments:
The global Busbar for EV market is segmented on the basis of:
Types
Flat Strips, Solid Bars
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Electric Car, Electric Golf Cart, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Shenzhen Everwin Technology
- Zhejiang RHI Electric
- APCSI
- Storm Power Components
- ELEKTRO NORDIC OU
- Oriental Copper
- Gindre
- Schneider Electric
- Southwire Company LLC
- Luvata
- Shenzhen Everwin Technology
- Metal Gems
- EMS Industrial & Service Company
Highlights of The Busbar for EV Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Flat Strips
- Solid Bars
- By Application:
- Electric Car
- Electric Golf Cart
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Busbar for EV Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Busbar is an electrical connector that can be used to join two buses. It is also known as a bus bar, bus connector, or power connector.
Some of the major companies in the busbar for ev market are Shenzhen Everwin Technology, Zhejiang RHI Electric, APCSI, Storm Power Components, ELEKTRO NORDIC OU, Oriental Copper, Gindre, Schneider Electric, Southwire Company LLC, Luvata, Shenzhen Everwin Technology, Metal Gems, EMS Industrial & Service Company.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Busbar for EV Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Busbar for EV Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Busbar for EV Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Busbar for EV Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Busbar for EV Market Size & Forecast, 2018-2028
4.5.1 Busbar for EV Market Size and Y-o-Y Growth
4.5.2 Busbar for EV Market Absolute $ Opportunity
Chapter 5 Global Busbar for EV Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Busbar for EV Market Size Forecast by Type
5.2.1 Flat Strips
5.2.2 Solid Bars
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Busbar for EV Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Busbar for EV Market Size Forecast by Applications
6.2.1 Electric Car
6.2.2 Electric Golf Cart
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Busbar for EV Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Busbar for EV Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Busbar for EV Analysis and Forecast
9.1 Introduction
9.2 North America Busbar for EV Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Busbar for EV Market Size Forecast by Type
9.6.1 Flat Strips
9.6.2 Solid Bars
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Busbar for EV Market Size Forecast by Applications
9.10.1 Electric Car
9.10.2 Electric Golf Cart
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Busbar for EV Analysis and Forecast
10.1 Introduction
10.2 Europe Busbar for EV Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Busbar for EV Market Size Forecast by Type
10.6.1 Flat Strips
10.6.2 Solid Bars
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Busbar for EV Market Size Forecast by Applications
10.10.1 Electric Car
10.10.2 Electric Golf Cart
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Busbar for EV Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Busbar for EV Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Busbar for EV Market Size Forecast by Type
11.6.1 Flat Strips
11.6.2 Solid Bars
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Busbar for EV Market Size Forecast by Applications
11.10.1 Electric Car
11.10.2 Electric Golf Cart
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Busbar for EV Analysis and Forecast
12.1 Introduction
12.2 Latin America Busbar for EV Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Busbar for EV Market Size Forecast by Type
12.6.1 Flat Strips
12.6.2 Solid Bars
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Busbar for EV Market Size Forecast by Applications
12.10.1 Electric Car
12.10.2 Electric Golf Cart
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Busbar for EV Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Busbar for EV Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Busbar for EV Market Size Forecast by Type
13.6.1 Flat Strips
13.6.2 Solid Bars
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Busbar for EV Market Size Forecast by Applications
13.10.1 Electric Car
13.10.2 Electric Golf Cart
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Busbar for EV Market: Competitive Dashboard
14.2 Global Busbar for EV Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Shenzhen Everwin Technology
14.3.2 Zhejiang RHI Electric
14.3.3 APCSI
14.3.4 Storm Power Components
14.3.5 ELEKTRO NORDIC OU
14.3.6 Oriental Copper
14.3.7 Gindre
14.3.8 Schneider Electric
14.3.9 Southwire Company LLC
14.3.10 Luvata
14.3.11 Shenzhen Everwin Technology
14.3.12 Metal Gems
14.3.13 EMS Industrial & Service Company
