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Europe Electric Vehicle Busbar Market Share
Siemens is projected to hold one of the largest market share in the electric vehicle busbar market across Europe. This dominance is attributed to Siemens' extensive expertise in electrical infrastructure and commitment to sustainable mobility solutions. Leveraging its advanced technology and widespread network, Siemens provides comprehensive busbar solutions tailored to evolving needs of the electric vehicle industry, solidifying its position as market leader in Europe.
Europe Electric Vehicle Busbar Market Companies
Some of the key market players operating across the Europe electric vehicle busbar industry are:
- Amphenol Corporation
- Brar Elettromeccanica SpA
- EMS Group
- EAE Group
- EG Electronics
- Littelfuse, Inc.
- Infineon Technologies AG
- Mitsubishi Electric Corporation
- Legrand
- Rogers Corporation
- Mersen SA
- Siemens
- Schneider Electric
- TE Connectivity
- Weidmuller Interface GmbH & Co. KG
How much is the Europe electric vehicle busbar market worth?
The market size of Europe electric vehicle busbar was crossed USD 76.6 million in 2023 and will grow at over 24% CAGR during 2024 to 2032, propelled by stringent emissions regulation and government incentives.
Why is the demand for copper electric vehicle busbars rising in Europe?
The copper material segment of the Europe electric vehicle busbar market will reach over USD 309 million by 2032, due to its excellent electrical conductivity.
Why is the electric vehicle busbar industry booming in Germany?
Germany electric vehicle busbar market will exceed USD 110 million by 2032, driven by its global leadership in automotive manufacturing.
Who are the major Europe electric vehicle busbar industry players?
Amphenol Corporation, Brar Elettromeccanica SpA, EMS Group, EAE Group, EG Electronics, Littelfuse, Inc, Infineon Technologies AG, and Mitsubishi Electric Corporation among others.