Market Overview:
The global copper alloy for electric vehicles (EV) market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The market growth can be attributed to the increasing demand for electric vehicles across the globe. Based on type, the copper alloy bar segment is expected to account for a major share of the global copper alloy for EV market in 2018. This can be attributed to its high strength-to-weight ratio and thermal conductivity properties which make it suitable for use in various applications such as charging stations, electric motors, and electric control systems among others. Based on application, the charging stations segment is anticipated to hold a dominant position in the global copper alloy for EV market throughout the forecast period. This can be ascribed to rising installation of charging infrastructure across different regions worldwide coupled with government initiatives towards promoting adoption of EVs.
Product Definition:
A copper alloy is a metal that consists of copper and one or more other metals. The other metals can be added to improve the properties of the copper alloy, such as strength, toughness, ductility, or electrical conductivity. Copper alloys are used in a variety of applications, including electric vehicles (EVs).
Copper alloys are important for EVs because they have high electrical conductivity. This means that they can carry electricity efficiently and help to reduce power losses in the electrical system. Copper alloys are also corrosion-resistant and can withstand high temperatures, making them ideal for use in EV batteries and motors.
Copper Alloy Bar:
Copper alloys are widely used in the construction of transmission electron microscopes due to their high strength and corrosion resistance. Transmission electron microscopes are used for visualizing extremely small objects such as viruses, bacteria, cellular organelles and proteins, etc. The material selection is very important for these applications since copper alloys have different properties based on their composition.
Copper Alloy Wire:
Copper alloys are widely used in the electric vehicle (EV) industry owing to their superior properties such as high conductivity, ductility, and thermal stability. The market for copper alloy wire is expected to witness growth over the forecast period owing to its increasing usage in EV charging infrastructure.
The global increase in demand for Electric Vehicles (EVs), which require a large number of wires due to increased battery capacity.
Application Insights:
Based on application, the market has been segmented into charging stations, electric motors, electric control systems and others. Charging stations dominated the overall industry in terms of revenue in 2017. The segment is projected to maintain its dominance over the forecast period owing to increasing demand for EV chargers from various end-use industries such as commercial buildings and homes.
The growth of residential building construction across developed economies such as U.S., Canada and Germany is expected to increase product demand for installation at public places where many EVs can charge simultaneously which will further propel industry expansion over the coming years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 60% in terms of volume owing to increasing demand from key application sectors, such as automotive and consumer electronics. China is projected to remain a major contributor towards regional growth owing to presence of large-scale copper mines coupled with high production levels.
Europe was estimated at USD X million in 2017 and is anticipated to witness steady growth over the forecast period on account rising investments by key players for research & development activities related electric vehicles development processes along with technological innovations. North America emerged as second largest consumer due to growing preference for EVs mainly across U.S., which has resulted into increased sales volumes of copper alloy products used across electric vehicle charging stations applications’s power systems etc.).
Growth Factors:
- Increasing demand for electric vehicles due to environmental concerns and government initiatives for promotion of electric vehicles.
- Rising disposable income of consumers, which is resulting in increased spending on luxury items such as electric vehicles.
- Technological advancements in the production of copper alloys that are making them more efficient and durable, thus increasing their adoption in the EV market.
- Growing awareness about the benefits of using copper alloys in electric vehicles among consumers and automotive manufacturers alike.
Scope Of The Report
Report Attributes
Report Details
Report Title
Copper Alloy for Electric Vehicles (EV) Market Research Report
By Type
Copper Alloy Bar, Copper Alloy Wire, Copper Alloy Plate and Strip, Copper Welding Materials, Others
By Application
Charging Stations, Electric Motors, Electric Control Systems, Others
By Companies
Wieland, KME, Mitsubishi, Furukawa Electric, Diehl Metall, Metelec, Columbia Metals, Sanetu, Aviva Metals, Vyoma Metals, Boway Alloy, Jintian Copper, Taizhou Taijin Allow Material
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
192
Number of Tables & Figures
135
Customization Available
Yes, the report can be customized as per your need.
Global Copper Alloy for Electric Vehicles (EV) Market Report Segments:
The global Copper Alloy for Electric Vehicles (EV) market is segmented on the basis of:
Types
Copper Alloy Bar, Copper Alloy Wire, Copper Alloy Plate and Strip, Copper Welding Materials, Others
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
Charging Stations, Electric Motors, Electric Control Systems, 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:
- Wieland
- KME
- Mitsubishi
- Furukawa Electric
- Diehl Metall
- Metelec
- Columbia Metals
- Sanetu
- Aviva Metals
- Vyoma Metals
- Boway Alloy
- Jintian Copper
- Taizhou Taijin Allow Material
Highlights of The Copper Alloy for Electric Vehicles (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:
- Copper Alloy Bar
- Copper Alloy Wire
- Copper Alloy Plate and Strip
- Copper Welding Materials
- Others
- By Application:
- Charging Stations
- Electric Motors
- Electric Control Systems
- 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 Copper Alloy for Electric Vehicles (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.
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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?
Copper alloy is a material that is used in electric vehicles to help reduce the weight of the vehicle. Copper alloy also helps improve the performance of the electric vehicle by reducing wear and tear on components.
Some of the major companies in the copper alloy for electric vehicles (ev) market are Wieland, KME, Mitsubishi, Furukawa Electric, Diehl Metall, Metelec, Columbia Metals, Sanetu, Aviva Metals, Vyoma Metals, Boway Alloy, Jintian Copper, Taizhou Taijin Allow Material.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Copper Alloy for Electric Vehicles (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 Copper Alloy for Electric Vehicles (EV) Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Copper Alloy for Electric Vehicles (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 Copper Alloy for Electric Vehicles (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 Copper Alloy for Electric Vehicles (EV) Market Size & Forecast, 2020-2028 4.5.1 Copper Alloy for Electric Vehicles (EV) Market Size and Y-o-Y Growth 4.5.2 Copper Alloy for Electric Vehicles (EV) Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Copper Alloy Bar
5.2.2 Copper Alloy Wire
5.2.3 Copper Alloy Plate and Strip
5.2.4 Copper Welding Materials
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Charging Stations
6.2.2 Electric Motors
6.2.3 Electric Control Systems
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Copper Alloy for Electric Vehicles (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 Copper Alloy for Electric Vehicles (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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Copper Alloy Bar
9.6.2 Copper Alloy Wire
9.6.3 Copper Alloy Plate and Strip
9.6.4 Copper Welding Materials
9.6.5 Others
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 Market Size Forecast by Applications
9.10.1 Charging Stations
9.10.2 Electric Motors
9.10.3 Electric Control Systems
9.10.4 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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Copper Alloy Bar
10.6.2 Copper Alloy Wire
10.6.3 Copper Alloy Plate and Strip
10.6.4 Copper Welding Materials
10.6.5 Others
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 Market Size Forecast by Applications
10.10.1 Charging Stations
10.10.2 Electric Motors
10.10.3 Electric Control Systems
10.10.4 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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Copper Alloy Bar
11.6.2 Copper Alloy Wire
11.6.3 Copper Alloy Plate and Strip
11.6.4 Copper Welding Materials
11.6.5 Others
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 Market Size Forecast by Applications
11.10.1 Charging Stations
11.10.2 Electric Motors
11.10.3 Electric Control Systems
11.10.4 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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Copper Alloy Bar
12.6.2 Copper Alloy Wire
12.6.3 Copper Alloy Plate and Strip
12.6.4 Copper Welding Materials
12.6.5 Others
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 Market Size Forecast by Applications
12.10.1 Charging Stations
12.10.2 Electric Motors
12.10.3 Electric Control Systems
12.10.4 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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Copper Alloy Bar
13.6.2 Copper Alloy Wire
13.6.3 Copper Alloy Plate and Strip
13.6.4 Copper Welding Materials
13.6.5 Others
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) Market Size Forecast by Applications
13.10.1 Charging Stations
13.10.2 Electric Motors
13.10.3 Electric Control Systems
13.10.4 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 Copper Alloy for Electric Vehicles (EV) Market: Competitive Dashboard
14.2 Global Copper Alloy for Electric Vehicles (EV) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Wieland
14.3.2 KME
14.3.3 Mitsubishi
14.3.4 Furukawa Electric
14.3.5 Diehl Metall
14.3.6 Metelec
14.3.7 Columbia Metals
14.3.8 Sanetu
14.3.9 Aviva Metals
14.3.10 Vyoma Metals
14.3.11 Boway Alloy
14.3.12 Jintian Copper
14.3.13 Taizhou Taijin Allow Material