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Asia Pacific Electric Vehicle Busbar Market Share

Report ID: GMI8925
Published Date: Apr 2024
Report Format: PDF

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Asia Pacific Electric Vehicle Busbar Market Share

Asia Pacific Electric Vehicle Busbar Company Market Share Analysis, 2023

Siemens, TE Connectivity, EAE Group, Infineon Technologies AG, among others leads the Asia Pacific EV Busbar market due to its strong presence in the region. As major EV manufacturers focusing on electric buses, these companies have capitalized on the region aggressive EV adoption targets, secured significant domestic orders, and implemented a vertical integration strategy. These factors, along with continuous technological advancements, have solidified these company dominant position in the market.

Asia Pacific Electric Vehicle Busbar Market Companies

Some of the major key players operating across the APAC electric vehicle busbar industry are -

Amphenol Corporation
Brar Elettromeccanica SpA
EMS Group
EG Electronics
EAE Group
Infineon Technologies AG
Littelfuse, Inc.
Legrand
Mitsubishi Electric Corporation
Mersen SA
Rogers Corporation
Siemens
Schneider Electric
TE Connectivity
Weidmüller Interface GmbH & Co. KG

Authors: Ankit Gupta, Shashank Sisodia

Frequently Asked Questions (FAQ) :

The market size of Asia Pacific electric vehicle busbar was reached USD 355.5 million in 2023 and is expected to register 19.6% CAGR from 2024-2032 owing to increasing demand for EVs, vehicles and governments enforcing regulations and offering incentives to promote electric vehicles (EVs) in the region.

Asia Pacific electric vehicle busbar industry from the copper segment is expected to exceed USD 1.3 billion by 2032 due to offering lower resistivity, thereby efficiently carrying higher currents with minimal power loss.

China electric vehicle busbar industry is expected to cross USD 1.8 billion by 2032 due to robust EV industry, supportive government policies, and extensive investments in deploying EV charging stations in the country.

EAE Group, Infineon Technologies AG, Littelfuse, Inc., Legrand, Mitsubishi Electric Corporation, Mersen SA, Corporation, Siemens, Schneider Electric, TE Connectivity, and Weidmüller Interface GmbH & Co. KG, are some of the major electric vehicle busbar companies in Asia Pacific.