Market Overview:
The global copper busbar for automotive 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 growth of the market can be attributed to the increasing demand for electric vehicles and rising adoption of advanced technologies in automobiles. Based on type, the global copper busbar for automotive market has been segmented into flat strips and solid bars. The flat strips segment is expected to account for a major share of the global copper busbar for automotive market during the forecast period owing to its high conductivity and low resistance levels as compared to solid bars. On basis of application, passenger cars are anticipated hold a larger share in terms revenue contribution as compared other segments such as commercial vehicles during 2018-2030.
Product Definition:
A copper busbar is a metal bar or strip used to connect electrical components in a circuit. Copper is a good conductor of electricity and has low resistance, making it an ideal material for use in busbars. In automotive applications, copper busbars are often used to connect the battery to the starter motor, the alternator to the battery, and other electrical components. The use of copper busbars helps reduce power losses and improves system efficiency.
Flat Strips:
Flat strips are copper busbar with no internal cross-over. It is used for supplying power to the vehicle battery from alternator or it can be used as a ground connection for electrical systems in case of need. The major advantage of using flat strips is that there are no voltage fluctuations across its surface, which makes it suitable to use in applications where direct contact would be made with the battery terminals.
Solid Bars:
Solid bars are made from copper and have a cross-sectional area of less than 1mm. They can be used in applications where high electrical conductivity is required, for instance, anode bars in batteries or the positive terminal of a battery.
The global copper busbar for automotive market size was valued at USD 522.0 million in 2016.
Application Insights:
Passenger car application segment accounted for the largest share in 2017 and is projected to witness significant growth over the forecast period. Copper busbar provides excellent heat transfer properties which help in generating electricity by harnessing thermal energy. This factor is likely to propel its demand in passenger cars, especially across emerging economies of Asia Pacific and Latin America.
The commercial vehicle application segment was valued at USD 836.0 million in 2017 owing to increasing investments for developing electric vehicles on a large scale coupled with an increase in number of commercial buses globally, mainly due to growing population along with rising living standards among several countries such as India, China and Brazil which are major consumers of commercial vehicles worldwide are expected to drive the copper busbar market growth over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand from countries, such as China, India, Japan and South Korea. Copper is a key material used for manufacturing electrical conductors on account of high electrical conductivity of copper wire compared to other metals. Thus, increased production and usage of electric vehicles in these countries will boost market growth over the forecast period.
The European region accounted for a significant share owing to rising demand from passenger cars as well as commercial vehicles applications segment in this region due to increasing penetration rate EVs driven by consumers coupled with growing sales volume EVs units across major markets including Germany, France Italy etc., which will drive industry expansion over the next eight years time frame.
Growth Factors:
- Increasing demand for electric vehicles
- Rising demand for copper in renewable energy sector
- Growing infrastructure development in Asia Pacific region
- Proliferation of smart grids and electrical vehicles charging infrastructure
- Technological advancements in copper busbar manufacturing
Scope Of The Report
Report Attributes
Report Details
Report Title
Copper Busbar for Automotive Market Research Report
By Type
Flat Strips, Solid Bars
By Application
Passenger Car, Commercial Vehicle
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
121
Number of Tables & Figures
85
Customization Available
Yes, the report can be customized as per your need.
Global Copper Busbar for Automotive Market Report Segments:
The global Copper Busbar for Automotive 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
Passenger Car, Commercial Vehicle
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 Copper Busbar for Automotive 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:
- Passenger Car
- Commercial Vehicle
- 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 Busbar for Automotive 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?
Copper busbar is used in automotive applications to provide a reliable electrical connection between the battery and the engine.
Some of the major companies in the copper busbar for automotive 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 Copper Busbar for Automotive 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 Busbar for Automotive Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Copper Busbar for Automotive 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 Busbar for Automotive 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 Busbar for Automotive Market Size & Forecast, 2018-2028
4.5.1 Copper Busbar for Automotive Market Size and Y-o-Y Growth
4.5.2 Copper Busbar for Automotive Market Absolute $ Opportunity
Chapter 5 Global Copper Busbar for Automotive 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 Copper Busbar for Automotive 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 Copper Busbar for Automotive 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 Copper Busbar for Automotive Market Size Forecast by Applications
6.2.1 Passenger Car
6.2.2 Commercial Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Copper Busbar for Automotive 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 Busbar for Automotive 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 Copper Busbar for Automotive Analysis and Forecast
9.1 Introduction
9.2 North America Copper Busbar for Automotive 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 Copper Busbar for Automotive 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 Copper Busbar for Automotive Market Size Forecast by Applications
9.10.1 Passenger Car
9.10.2 Commercial Vehicle
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 Copper Busbar for Automotive Analysis and Forecast
10.1 Introduction
10.2 Europe Copper Busbar for Automotive 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 Copper Busbar for Automotive 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 Copper Busbar for Automotive Market Size Forecast by Applications
10.10.1 Passenger Car
10.10.2 Commercial Vehicle
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 Copper Busbar for Automotive Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Copper Busbar for Automotive 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 Copper Busbar for Automotive 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 Copper Busbar for Automotive Market Size Forecast by Applications
11.10.1 Passenger Car
11.10.2 Commercial Vehicle
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 Copper Busbar for Automotive Analysis and Forecast
12.1 Introduction
12.2 Latin America Copper Busbar for Automotive 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 Copper Busbar for Automotive 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 Copper Busbar for Automotive Market Size Forecast by Applications
12.10.1 Passenger Car
12.10.2 Commercial Vehicle
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) Copper Busbar for Automotive Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Copper Busbar for Automotive 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) Copper Busbar for Automotive 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) Copper Busbar for Automotive Market Size Forecast by Applications
13.10.1 Passenger Car
13.10.2 Commercial Vehicle
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 Busbar for Automotive Market: Competitive Dashboard
14.2 Global Copper Busbar for Automotive 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
