Medium Power EV Busbars Market Analysis, Competition Benchmarking and Investment Outlook 2025-2030 - Focus on Vehicle Lightweighting Accelerates Demand for Aluminum and Composite Busbar Materials - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Medium Power Electric Vehicle Busbars - Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering.

The global market for Medium Power Electric Vehicle Busbars was valued at US$461.7 Million in 2024 and is projected to reach US$1.3 Billion by 2030, growing at a CAGR of 19.5% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

The growth in the medium power EV busbar market is driven by several factors, including the rapid expansion of the global EV market, increasing investments in battery technologies, advancements in power electronics, and stringent energy efficiency regulations. The global push for net-zero emissions and government policies favoring EV adoption have accelerated the demand for high-performance power distribution solutions, with medium power busbars emerging as a crucial component.

Additionally, the rise of electric commercial vehicles (e-trucks, e-buses, and electric delivery vans) is fueling demand for rugged and high-power busbar solutions that can handle higher electrical loads while maintaining optimal efficiency. The push for longer-range and faster-charging EVs is further driving innovation in busbar materials, cooling systems, and design architectures.

Another critical growth driver is the ongoing shift toward localized EV production and supply chain resilience. As automakers invest in domestic battery manufacturing and EV component production, the demand for regionally sourced, high-quality busbar solutions is rising. Furthermore, collaborations between EV manufacturers, semiconductor companies, and material science firms are fostering next-generation power distribution technologies that enhance the overall performance and safety of electric vehicles.

With continuous advancements in battery efficiency, vehicle electrification, and charging infrastructure, the medium power EV busbar market is expected to witness robust expansion in the coming years, playing a pivotal role in the next phase of sustainable transportation.

Report Scope

The report analyzes the Medium Power Electric Vehicle Busbars market, presented in terms of market value. The analysis covers the key segments and geographic regions outlined below.

• Segments: Material (Copper, Aluminium).
• Geographic Regions/Countries: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Copper Material segment, which is expected to reach US$963.6 Million by 2030 with a CAGR of a 21.2%. The Aluminium Material segment is also set to grow at 15.8% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, valued at $125.8 Million in 2024, and China, forecasted to grow at an impressive 26.6% CAGR to reach $319.3 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Some of the 34 companies featured in this Medium Power Electric Vehicle Busbars market report include:

• Amphenol Corporation
• Brar Elettromeccanica S.p.A.
• Connor Manufacturing Services
• EAE Group
• Eaton Corporation
• EG Electronics
• EMS Group
• HV Wooding Ltd.
• Infineon Technologies AG
• Intercable Automotive Solutions
• Legrand S.A.
• Lindgren Group
• Littelfuse, Inc.
• Mersen S.A.
• Mitsubishi Electric Corporation
• ProEV (Promark Electronics Inc.)
• Raychem RPG
• Rogers Corporation
• Schneider Electric SE
• TE Connectivity

MARKET OVERVIEW

• Trade Shocks, Uncertainty, and the Structural Rewiring of the Global Economy
• How Trump's Tariffs Impact the Market? The Big Question on Everyone's Mind
• Medium Power Electric Vehicle Busbars - Global Key Competitors Percentage Market Share in 2025 (E)
• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2025 (E)

MARKET TRENDS & DRIVERS

• Surge in Electric Bus Adoption Across Urban Transit Networks Propels Demand for Medium Power EV Busbars
• Government-Led Emission Reduction Mandates Strengthen Business Case for Electrified Powertrain Components
• Expansion of Electric Commercial Vehicle Fleets Expands Addressable Market Opportunity for Busbar Systems
• Shift Toward Modular Battery Architectures in EVs Drives Demand for Flexible and Custom Busbar Solutions
• Integration of Advanced Battery Management Systems (BMS) Spurs Need for Intelligent and High-Precision Busbars
• Standardization Initiatives Across EV Charging Infrastructure Drive Adoption of Compatible Busbar Technologies
• Rising Investments in EV Manufacturing Plants Throws the Spotlight on Scalable Power Distribution Solutions
• Focus on Vehicle Lightweighting Accelerates Demand for Aluminum and Composite Busbar Materials
• Growing Demand for Cost-Optimized EV Powertrain Solutions Fuels Innovation in Medium Power Busbar Designs
• Rise of Autonomous and Connected Electric Vehicles Generates Demand for High-Reliability Busbar Systems
• Urban Clean Transportation Policies Sustain Growth in Mid-Sized Electric Fleet Deployments

For more information about this report visit https://www.researchandmarkets.com/r/63vvhw

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