According to a recent market study published by Growth Market Reports, titled, “Global Automotive Copper Busbar Market by Type, by Application, by Region: Size, Share, Trends and Opportunity Analysis, 2015-2030”, the market was valued at US$ 335.7 Mn in 2021 and is expected to grow at a moderate growth rate of 7.9% by the year 2030.

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As per Growth Market Reports industry analyst Divjot Singh, the “Global Automotive Copper Busbar Market is anticipated to witness significant growth during the forecast period 2022-2030. Busbar systems are used to safely implement three-phase power distribution systems, often in large environments. Busbars are majorly found in factories, data centers, retail facilities, laboratories, hospitals, and universities, among others.

The type of busbars depends on their usage areas. Laminated busbars are widely used in cellular communication systems, telephone exchange systems, power and hybrid traction, base stations, power switch systems, large network equipment, military equipment systems, power generation systems, and power conversion modules of electric equipment, among others.

Key factors that are anticipated to fuel the demand for the global automotive copper busbar market during the forecast period are Increasing demand for copper busbars in automotive applications, and the Rising adoption of copper busbars over cables. Conversely, the availability of substitutes such as aluminum or brass and High volatility in copper prices may hamper the market growth of the automotive copper busbar market. Increasing demand for electric vehicles creates opportunities in the automotive copper busbar market.

Supply chain management is an essential part of any business. A supply chain contains a series of steps to get products from their original state to the customers. The automotive copper busbar market’s supply chain consists of various entities such as raw material suppliers, copper smelters, copper rod manufacturers, copper busbar manufacturers, automotive OEMs, automotive component suppliers, and end customers.

The primary, as well as secondary research methodology, is used for keen observation and study of the automotive copper busbar market. The primary research methodology involves commercial agreements made with the primary respondents as well as consulting partners to extract critical information pertaining to the syndicated as well as consulting projects.

Primary interviews were conducted with the stakeholders across industry verticals at regular intervals in line with the ongoing studies and to keep ourselves abreast with the latest market trends & developments. Validation of the estimated market size, and current and future trends done by the key opinion leaders (KOLs). These KOLs are the CXO level people from leading companies in the industry and possess experience of around 10-20 years in the industry.

On the other hand, the secondary research methodology involves exhaustive desk research undertaken to understand the prevailing market trends & dynamics, market competition, customer insights, and other KPIs. Company websites, their SEC filings, annual reports, broker & financial reports, and investor presentations are scanned for understanding the competitive scenario, details and developments, and the overall competitive landscape. Regional government and statistical databases were analyzed for macro & micro analysis. Research publications and paid data are referred to obtain and validate the market estimations, budget, expenditure, and other statistical insights.

COVID-19 hampered the automotive copper busbar market, as all the major automotive OEMs halted their production temporarily. Demand for copper busbars further decreased, due to trade restrictions levied on inter-country imports and exports of copper busbars.

Key Takeaways from the Study

  • In terms of type, the flat strips accounted for a considerable share of the market in 2021 due to their unique characteristics such as excellent electrical and thermal conductivity, maniacal property, formability, crack-free bends, dimensional control for contacts, and current carrying ability.
  • Based on application, passenger cars accounted for a substantial share of the market in 2021 and are expected to expand at a substantial CAGR during the forecast period due to their power distribution and overall cost. Manufacturers of passenger cars such as hatchback, sedan, and SUV, prefers copper busbars over aluminum due to their properties such as high mechanical strength in tension, low electrical thermal resistance, and high corrosion resistance. Flat strips of copper busbars are widely used in passenger cars.

Scope Automotive Copper Busbar Market Report

Report Metric


Market Value in 2021

US$ 335.7 Million

Market Growth Rate (from 2015 to 2030)


Historical Data


Base Year


Forecast Period

2022 – 2030

Units Considered

Value (US$ Million)

Market Segments

By type, by application

Key Companies Profiled

AMERICAN POWER CONNECTION SYSTEMS, INC., Storm Power Components, Connor Manufacturing Services, Inc, Oriental Copper Co.,ltd, ILF Ltd, Brar Elettromeccanica SpA, Rogers Corporation, , LLC, Zhejiang RHI Electric Co.,ltd, and WENZHOU YIHUA CONNECTOR CO., LTD.

Customization Scope

Report customization available on request

Pricing and Purchase Options

Avail of tailor-made purchase options to meet your research requirements.

Target Audience

  • Supply-side: Manufacturers, raw material suppliers, and distributors.
  • Demand Side: Government Agencies, Consulting Firms, Private Research and Development Firms, Equity Firms, and Investment Firms.