Electric vehicles Busbar and hybrid electric vehicles rely on powerful electric motor drives, large-capacity battery packs, power inverters, and efficient power distribution from charging source to battery and then throughout the vehicle. Busbars, which are made up of a network of electrical conductors for collecting and distributing current, allow power to be distributed efficiently to the vehicle's various subsystems. Efficient use of limited energy is critical in any vehicle design, and EVs and HEVs typically use rechargeable lithium-ion battery packs as their energy source. A busbar, when made of the right materials, can help with thermal management and power distribution in an EV/HEV.
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Key Industry Players in the Electric Vehicle Busbar Market:
- · Siemens AG
- · Mersen Corporate Services SAS
- · Hitachi Metals Ltd.
- · Sertec Group Ltd
- · TBC Holding GmbH
- · EG Electronics AB
- · Legrand Holding SA
- · ABB Group
- · Eaton Corporation plc
- · AMETEK Inc
- · Interplex Holdings Pte. Ltd and Other Major Players.
The Global Electric Vehicle Busbar Market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East Africa. In the Asia Pacific owing to the enhancement of transmission and distribution along with rapid growth in industrial activities in countries like China, India, Japan, etc. the expanding up-gradation of the power transmission system and replacement of aging equipment to enhance power supply. In the Middle East Africa, In Africa, most of the countries are a lack of power infrastructure. So, countries like Nigeria are focusing more on the development of infrastructure to provide electricity.
Segmentation Analysis Includes,
By System Type:
By Power Rating:
· North America (U.S., Canada, Mexico)
· Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
· Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
· Middle East Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
· South America (Brazil, Argentina, Rest of SA)
The Electric Vehicle Busbar Market is primarily driven by increasing demand for consistent and uninterruptable electric supply in industrial and commercial sectors. Rising concern towards the reduction of energy losses in electric transmission and distribution activities and growing awareness regarding the energy efficiency of busbar over cable owing to its cost-effectiveness are some other factors that are supporting to the growth of the targeted market.
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Table of Content
Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.4.1 Market Definition
1.4.2 Key Questions Answered
1.5 Market Segmentation
Chapter 2: Executive Summary
Chapter 3: Growth Opportunities By Segment
3.1 By System Type
3.2 By Power Rating
3.3 By Conductor
Chapter 4: Market Landscape
4.1 Porter's Five Forces Analysis
4.1.1 Bargaining Power of Supplier
4.1.2 Threat of New Entrants
4.1.3 Threat of Substitutes
4.1.4 Competitive Rivalry
4.1.5 Bargaining Power Among Buyers
4.2 Industry Value Chain Analysis
4.3 Market Dynamics
4.4 Pestle Analysis
4.5 Technological Roadmap
4.6 Regulatory Landscape
4.7 SWOT Analysis
4.8 Price Trend Analysis
4.9 Patent Analysis
4.10 Analysis of the Impact of Covid-19
4.10.1 Impact on the Overall Market
4.10.2 Impact on the Supply Chain
4.10.3 Impact on the Key Manufacturers
4.10.4 Impact on the Pricing
To be continue…
The delays caused in the delivery of infrastructure projects owing to the suspension of construction activities have drastically hampered the growth of the market. The slowdown in the construction sector and the reduced demand for conductors are also hindering the growth of the market. The resumption of commercial operations in the post-lockdown period is expected the drive the demand for power distribution, which in turn, is estimated to drive the demand for busbar systems.
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