Market is expected to generate $177.1 million in 2030, advancing at a CAGR of 24.6% 2021-2030
The increasing adoption of electric vehicles (EVs), cost-effectiveness, ease of installation, along with low repair and service cost of automotive busbars, and development of EV charging infrastructure are some of the key factors behind the growing demand for automotive busbars.
Moreover, the technological developments in the manufacturing and charging infrastructure of EVs are expected to benefit the global automotive busbar market.
The COVID-19 pandemic has considerably impacted the automotive industry due to the temporary shutdown of automotive manufacturing plants. On the Other hand, the EV market showcased an upward trend owing to various government initiatives.
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NEW YORK, April 27, 2021 /PRNewswire/ The increasing adoption of electric vehicles (EVs), cost-effectiveness, ease of installation, along with low repair and service cost of automotive busbars, and development of EV charging infrastructure are some of the key factors behind the growing demand for automotive busbars. Moreover, the technological developments in the manufacturing and charging infrastructure of EVs are expected to benefit the global automotive busbar market. Due to these factors, the market is expected to generate $177.1 million in 2030, advancing at a CAGR of 24.6% 2021–2030, according to the market research report published by P&S Intelligence.
triFebruary 18, 2021 5
The “Global Outdoor Free Space Optics (FSO) Market” provides up-to-date information on current and future industry trends, enabling readers to identify products and services to increase revenue growth and profitability. This research report provides in-depth study of all key factors affecting global and regional markets, including drivers, imprisonment, threats, challenges, opportunities and industry-specific trends. This report cites worldwide trust and specimens with leading players downstream and upstream analysis.
This market research report on analyzes the growth prospects for the key vendors operating in this market space including
L3Harris Technologies, Benchmark Electronics, Optiwave, CableFree, DigitalAir Wireless, FSONA Networks, LightPointe, Prolight International, pureLiFi Ltd, Anova Technologies, Wireless Excellence Ltd, Light Bee, Outstanding Technology, EG Electronics