Report Overview:
Electric vehicle (EV) busbars are essential components of EV power systems. They are conductive bars that provide a pathway for electricity to flow between the battery, motor, and other electrical components of the vehicle. The busbars are typically made of copper or aluminum and are designed to withstand high temperatures and electrical currents. Because electric vehicles require high levels of power to operate, the busbars must be able to handle significant amounts of electrical current without overheating or melting. As EV technology continues to advance, busbars are becoming increasingly important in ensuring the safe and efficient operation of electric vehicles.
This report provides a deep insight into the global Electric Vehicle Busbars market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
Market Value:
Global Electric Vehicle Busbars market size was estimated at USD 1101 million in 2024 and is projected to reach USD 6076.09 million by 2032, exhibiting a CAGR of 20.90% during the forecast period.
North America Electric Vehicle Busbars market size was estimated at USD 398.88 million in 2024, at a CAGR of 17.91% during the forecast period of 2025 through 2032.
CAGR of 20.90%
(2024 – 2032)
By Applications:
BEV
PHEV
By Types:
• Copper Busbars
• Aluminium Busbars
Key players include:
• Intercable Automotive Solutions (Aptiv)
• Everwin Technology
• BSB Technology Development
• Rogers Corporation
• Auto-Kabel
• Methode Electronics
• Suncall
• Iwis e-tec
• Mersen
