The growth of this market is driven by numerous factors. The prime factor fueling this market are rigid directives of the governments of various nations aimed at environmental conservation and reduction of carbon footprint. Electric buses are superior to traditional modes of transportation in terms of fuel-efficiency, carbon emissions and performance. For public transportation, many countries have to import crude oil. These countries are aiming towards curbing import bills which is indulging them to adopt electric buses over crude oil-based transportation systems. The development of hydrogen fuel cells has led to its widespread application in electric buses which is bolstering this market. High production cost, operating cost and maintenance cost are hindering the growth of this market. The upsurge in environmental concern and the depletion of non-renewable resources are expected to provide lucrative opportunities to this market.
The global Electric Bus market size is projected to reach US$ 31.23 billion by 2028, from US$ 17.75 billion in 2020, at a CAGR of 12.5% during 2021-2028.
In terms of production side, this report researches the Electric Bus production capacity, value, ex-factory price, growth rate, market share by manufacturers, regions (or countries) and by Type.
In terms of consumption side, this report focuses on the consumption of Electric Bus by regions (countries) and by Application.
The global Electric Bus market is thoroughly, accurately, and comprehensively assessed in the report with a large focus on market dynamics, market competition, regional growth, segmental analysis, and key growth strategies. Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Electric Bus market. These figures have been provided in terms of both revenue and volume for the period 2016-2028. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.
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Geographic Segmentation
The report offers exhaustive assessment of different region-wise Electric Bus markets such as North America, Europe, China and Japan, etc. Key regions covered in the report are U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E
For the period 2016-2028, the report provides country-wise revenue and volume sales analysis and region-wise revenue and volume analysis of the global Electric Bus market. For the period 2020-2028, it provides sales (consumption) analysis and forecast of different regional markets by each application as well as type segment in terms of volume.
Manufacturers
The report includes comprehensive company profiling of leading and emerging companies competing in the global Electric Bus market. It provides a detailed list of players operating at a global level. The players have been listed according to the type of products they offer in the global Electric Bus market and other factors. As part of the company profiling, the analysts authoring the report has provided the market entry year of each player considered for the research study. The report also offers extensive price, volume sales, and revenue analysis by the manufacturer at the global level for the period 2016-2028.
By Type and Application Segments
The report includes a detailed analysis of leading and type and application segments of the global Electric Bus market. All of the segments covered in the report are broadly analyzed based on some deciding factors. The segmental analysis section of the report offers revenue sales analysis and forecast of the global Electric Bus market by each type segment for the period 2016-2028. It also offers volume sales (consumption) analysis and forecast of the global Electric Bus market by each type segment for the same period. Also, it provides volume sales (consumption) analysis and forecast of the global Electric Bus market by each application segment for the same period.
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This report includes the following manufacturers:
AB Volvo
Ankai Bus
BYD Company Limited
Daimler AG
NFI Group Inc
Proterra
VDL GROEP BV
Yutong Group
Zhongtong Bus Holdings Co Ltd
Iveco
Market Segments by Propulsion Type
FCEV
PHEV
BEV
Market Segment by Consumer
Government
Fleet Operator
Market Segment by Application
Intracity
Intercity
Market Segment by Length of Bus
Above 14m
9 – 14m
Less than 9m
Market Segment by Battery Capacity
Above 250kWh
50 – 250 kWh
Less than 50 kWh
Market Segment by Range
Less than 150 miles
150 – 300 miles
Above 300 miles
Market Segment by Component
Ultra-Capacitor
Fuel Cell Stack
Battery
Motor
Research Methodology
To compile the detailed study of the global Electric Bus market, a robust research methodology has been adopted that aids in determining the key insights and also evaluates the growth prospects of the Electric Bus market. Data Insights Partner Research analysts have conducted in-depth primary and secondary research to obtain crucial insights into the Electric Bus market. To carry out secondary research, the analysts have collected the information through company annual reports, journals, company press releases, and paid databases that were referred to gain and identify better opportunities in the global market.
Salient Features:
Ø This study offers comprehensive yet detailed analysis of the Electric Bus market, size of the market (US$ Mn), and Compound Annual Growth Rate (CAGR (%)) for the period of forecast: 2020-2028, taking into account 2019 as the base year
Ø It explains upcoming revenue opportunities across various market segments and attractive matrix of investment proposition for the said market
Ø This market intelligence report also offers pivotal insights about various market opportunities, restraints, drivers, competitive market strategies of leading market players, emerging market trends, and regional outlook
Ø Profiling of key market players in the world Electric Bus market is done by taking into account various parameters such as company strategies, distribution strategies, product portfolio, financial performance, key developments, geographical presence, and company overview
Ø The data of this report would allow management authorities and marketers of companies alike to take informed decision when it comes to launch of Type of models, government initiatives, marketing tactics and expansion, and technical up gradation
Ø The world market for Electric Bus caters to the needs of various stakeholders pertaining to this industry, namely suppliers, manufacturers, investors, and distributors for Electric Bus market. The research also caters to the rising needs of consulting and research firms, financial analysts, and new market entrants
Ø Research methodologies that have been adopted for the purpose of this study have been clearly elaborated so as to facilitate better understanding of the reports
Ø Reports have been made based on the guidelines as mandated by General Data Protection Regulation
Ø Ample number of examples and case studies have been taken into consideration before coming to a conclusion
Reasons to buy:
v Identify opportunities and plan strategies by having a strong understanding of the investment opportunities in the Electric Bus market
v Identification of key factors driving investment opportunities in the Electric Bus market
v Facilitate decision-making based on strong historic and forecast data
v Position yourself to gain the maximum advantage of the industry’s growth potential
v Develop strategies based on the latest regulatory events
v Identify key partners and business development avenues
v Respond to your competitors’ business structure, strategy and prospects
v Identify key strengths and weaknesses of important market participants
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