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Automotive Busbar Market Outlook | Development Factors, and Latest Opportunities PowerPoint Presentation
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Automotive Busbar Market Outlook | Development Factors, and Latest Opportunities

Automotive Busbar Market Outlook | Development Factors, and Latest Opportunities

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Automotive Busbar Market Outlook | Development Factors, and Latest Opportunities

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  1. Automotive Busbar Market Dynamics Trends, Segmentation, Key Players And Forecast 1 ©P&SIntelligence.Allrightsreserved

  2. The global automotive busbar market reached a value of $17.4 million in 2020, and it is predicted to progress at a CAGR of 24.6% between 2021 and 2030. Furthermore, as per the estimates of P&S Intelligence, a market research company based in India, the market will generate revenue of $177.1 million in 2030. The surging deployment of electric vehicles (EVs) in several countries is a key factor driving the expansion of the market. Request to Get the Sample Report: https://www.psmarketresearch.com/market- analysis/automotive-busbar-market/report-sample This is primarily because busbars are extensively used in EVs, as traditional cell connections such as strips, lugs, and welded wires are extremely prone to failure due to the dislocation of the cells because of the vibrations caused by a moving automobile. Moreover, busbars have low thermal and electrical resistance and are thus, used heavily in EV manufacturing processes. Besides these, the soaring usage of plug-in hybrid EVs (PHEVs) is also fueling the worldwide demand for automotive busbars. Many automakers such as BMW AG, Tesla Inc., and Hyundai Motor Company are increasingly focusing on manufacturing EVs, thereby positively impacting the market expansion across the world. The other factors fueling the market growth are the operational benefits and lower costs of busbars than cables. Busbars reduce the assembly time, which, in turn, curtails the internal manufacturing and material handling costs. Additionally, they are widely preferred in motor control center applications, due to their ability to provide ease of retrofitting. Because of the aforementioned factors, automobile manufacturers increasingly prefer busbars over cables. Depending on conductor, the automotive busbar market is divided into aluminum and copper. Between these, the copper category accounted for majority shares in the market in 2020. This was because of the large-scale usage of copper as a conducting material in busbars, on account of its high electrical conductivity, non-magnetic and easily machinable characteristics, and high corrosion resistance. Make Enquiry Before Buying the Report: https://www.psmarketresearch.com/send- enquiry?enquiry-url=automotive-busbar-market Hence, it can be safely said that the market will register huge expansion in the coming years, primarily because of the growing deployment of EVs and EV charging stations in several countries around the world. Market Segmentation by Power Rating •Low •High Market Segmentation by Conductor •Copper •Aluminum

  3. Market Segmentation by Geography •North America Automotive Busbar Market oBy power rating oBy conductor oBy country – U.S. and Canada ▪U.S. automotive busbar market ▪By power rating ▪By conductor ▪Canada automotive busbar market ▪By power rating ▪By conductor •Europe Automotive Busbar Market oBy power rating oBy conductor oBy country – Germany, France, U.K., Sweden, Netherlands, and Rest of Europe ▪Germany automotive busbar market ▪By power rating ▪By conductor ▪France automotive busbar market ▪By power rating ▪By conductor ▪U.K. automotive busbar market ▪By power rating ▪By conductor ▪Sweden automotive busbar market ▪By power rating ▪By conductor ▪Netherlands automotive busbar market ▪By power rating ▪By conductor •Asia-Pacific (APAC) Automotive Busbar Market oBy power rating oBy conductor oBy country – Japan, China, South Korea, and Rest of APAC ▪China automotive busbar market ▪By power rating ▪By conductor ▪Japan automotive busbar market ▪By power rating ▪By conductor ▪South Korea automotive busbar market ▪By power rating

  4. ▪By conductor •Rest of the World (RoW) Automotive Busbar Market oBy power rating oBy conductor oBy country –Mexico and Others ▪Mexico automotive busbar market ▪By power rating ▪By conductor This study covers •Historical and the present size of the Automotive Busbar Market •Major factors driving the market and their impact during the short, medium, and long terms •Market restraints and their impact during the short, medium, and long terms •Recent trends and evolving opportunities for the market participants •Historical and the present size of the market segments and understand their comparative future potential •Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings •Competitive scenario of various market segments across key countries in several regions for uncovering market opportunities for the stakeholders •Major players operating in the market and their service offerings •Recent strategic developments by the major players in the market 3 ©P&SIntelligence.Allrightsreserved

  5. Disclaimer: P&S Intelligence always keeps its customers’ interests at the core while carrying out research activities. P&S Intelligence ensures the reliability and accuracy of information and data provided in its market research publications. However, the information in publications is subject to fluctuations, as it is based on primary interviews of officials from various companies or organizations. P&S Intelligence is not responsible for any incorrect data provided by the key industry players of the concerned domain. The information or analysis in P&S Intelligence publications represents opinions based on research and should not be interpreted as statements of fact. Information in this report was believed to be correct at the time of publication, but cannot be guaranteed. P&S Intelligence does not endorse any product, service, or vendor depicted in its research publications. All intellectual properties, including trademarks and copyrights, belong to their respective owners and may be protected by copyright. Under no circumstance can these be reproduced in any form without prior written agreement of their owners. An order for market research report is intended for internal use of the company only and not for disclosure to third parties or any other publication in general. No service, report, or part thereof provided by P&S Intelligence can be reproduced, republished, resold, revealed, distributed, circulated, or sublicensed in any medium or form now realized or hereafter become realized, including but not limited to, all forms of optical-based media, magnetic, electronic, or digital, without a written permission from Prescient & Strategic Intelligence Pvt. Ltd.

  6. Kindly write to: enquiry@psmarketresearch.com B-13, Sector – 2, Noida, U.P. – 201301, INDIA Contact No: +91 120 4541 337 US/Canada Toll-Free: 1-888-778-7886 4 ©P&SIntelligence.Allrightsreserved