Global Electric Bus Market Bwc19300

Electric Bus Market, by Electrification Type (Plug-in Hybrid Bus, Battery Electric Bus, and Hybrid Bus), by Bus Type (Light Bus, Medium Bus, High Seating Capacity Bus), by Component (Batteries, Electric Motor, Transmission System), by Battery (Lithium Titanate, Lithium Iron Phosphate, Nickel Manganese Cobalt), by Operation (Manual, Semi-autonomous, and Autonomous) – Global Market Insights and Forecast to 2015-2026

  • Published Date: October 2019
  • Report ID: BWC19300
  • Available Format: PDF
  • Page: 125

Report Overview

Global Electric Bus Market: Overview

The Global Electric Bus Market is projected to grow at a steady rate during the forecast period. Electric buses can store power ready or can be nourished ceaselessly from outside sources. Onboard stored-electricity-operated buses can be classified depending on the source of electricity as battery-electric buses and Capabus. The previous has picked up prevalence because of their capacity to keep running more than 200 km with one charge and lesser value contrasted with their diesel-worked partners. Nonetheless, the low stockpiling limit of these vehicles is anticipated to control its development in future. Extraordinary advantages related with EVs, including fuel and clamor effectiveness are required to lift showcase development in the future. Travel stations, including Worcester Regional Transit Authority, Boreal Transport of Norway, Massachusetts (U.S.), and Nashville Metropolitan Transit Authority, have conveyed electric buses. Ideal patterns towards the execution of green travel office so as to lessen contamination and the natural effect are anticipated to extend the market scope in the future.

Expanding ventures by makers is required to stay a key driving variable for the market. Organizations are concentrating on setting-up new assembling plants with decreased expenses and tapping new markets. For example, in 2017, BYD Company Ltd., a China-based electric vehicle producer, opened another generation office in Komarom, Hungary, with an expert to take into account interest for electric buses and extend its piece of the overall industry in Europe.

Global Electric Bus Market: Type Insight

The Global Electric Bus Market is segmented on the basis of its Electrification Type, bus type, component, battery, operation, and regional demand. Based on its Electrification Type, the market is divided into Plug-in Hybrid Bus, Battery Electric Bus, and Hybrid Bus. On the basis of its bus type, the market is bifurcated into Light Bus, Medium Bus, High Seating Capacity Bus. Based on its component, the market is divided into Batteries, Electric Motor, Transmission System. On the basis of its battery, the market is bifurcated into Lithium Titanate, Lithium Iron Phosphate, Nickel Manganese Cobalt. On the basis of its operation, the market is segmented into Manual, Semi-autonomous, and Autonomous. Geographically, the Global Electric Bus Market is divided into global regions like Europe, North America, Asia- Pacific, Middle East, LATAM, and Africa.

Global Electric Bus Market: Regional Insight

Regarding area, Asia Pacific holds a significant portion of the global electric bus market, trailed by Europe. In the Asia Pacific, China represented a noticeable offer attributable to the significantly huge electric transport armada in Shenzhen. China alone held over 85% portion of the market in the Asia Pacific in 2017. It sold in excess of 90,000 electric transports that contributed it to the outstanding portion of the electric transports showcase in the locale. Europe is a developing business sector for electric transports, and nations, for example, Poland, the Netherlands, and France are centering on supplanting their transport armadas with electric transports and henceforth, are promising markets for electric buses.

Global Electric Bus Market: Competitive Insight

Alexander Dennis Limited, and EBUSCO, Shenzhen Wuzhoulong Motors Co., Ltd. Yutong and BYD, BYD Company Limited, AB Volvo, Proterra, Inc., Yutong, Daimler AG and Zhongtong Bus & Holding Co., Ltd., New Flyer of America, Solaris Bus & Coach S.A., Ashok Leyland, Ltd., are some of the key players in the Global Electric Bus Market.

The objective of the Study:

·      To analyze and forecast the Global Electric Bus market size of the market, in terms of value.

·      To examine the careful market segmentation and forecast the market size, in terms value, based on the region by segmenting the Global Electric Bus market into five regions, namely, North America, Europe, Asia Pacific, Middle East, South America and their leading countries.

·      To outline, categorized and forecast the global Electric Bus market based on the type and Application.

·      To examine competitive developments like technological advancement, services, and regulative framework within the global Electric Bus Market.

·      To highlight the impact analysis of the factors, affecting the market dynamics such as drivers, restraints, opportunities, and challenges.

·      To strategically profile the key players and comprehensively analyze their market shares along with detailing the competitive landscape for market leaders.

Scope of the Report

By Electrification Type

·         Plug-in Hybrid Bus

·         Battery Electric Bus

·         Hybrid Bus

By Bus Type

·         Light Bus

·         Medium Bus

·         High Seating Capacity Bus

By Component

·         Batteries

·         Electric Motor

·         Transmission System

By Battery

·         Lithium Titanate

·         Lithium Iron Phosphate

·         Nickel Manganese Cobalt

By Operation

·         Manual

·         Semi-autonomous

·         Autonomous

Besides, the report provides an analysis of the Global Electric Bus market with respect to the following geographic segments:

North America

·         U.S.

·         Rest of North America


·         France

·         The UK

·         Spain

·         Germany

·         Italy

·         Rest of Europe

Asia Pacific

·         China

·         Japan

·         India

·         Southeast Asia

·         Rest of Asia Pacific

Middle East and Africa

·         Southern Africa

·         Rest of Middle East and Africa

Latin America

·         Brazil

·         Rest of Latin America

Business Questions answer by the report

·         How will the market drivers, restraints and opportunities affect the market dynamics?

·         What will be the market size in terms of value and volume and market statistics with a detailed classification?

·         Which segment dominates the market or region and one will be the fastest growing and why?

·         A comprehensive survey of the competitive landscape and the market participant players

·         Analysis of strategy adopted by the key player and their impact on other players.

Customization Scope for the Client

Client satisfaction is our first and last priority and that’s why BlueWeave Consulting offers customization according to Company’s specific needs. The following customization options are available for the report:

Additional Company Information

·         With five additional company detail analysis

·         Additional country analysis

·         Detailed segment analysis

1.    Research Framework

1.1. Research Objective

1.2. Product Overview

1.3. Market Segmentation

2.    Research Methodology

2.1. Qualitative Research

2.1.1.   Primary & Secondary Sources

2.2. Quantitative Research

2.2.1.   Primary & Secondary Sources

2.3. Breakdown of Primary Research Respondents, By Region

2.3.1.   Secondary Research

2.3.2.   Primary Research

2.4. Breakdown of Primary Research Respondents

2.5. Market Size Estimation

2.6. Assumption for the Study

2.7. Market Breakdown & Data Triangulation

3.    Executive Summary

4.    Global Electric Bus Industry Insights

4.1. Industry Value Chain Analysis

4.1.1.   Vendor Matrix

4.2. DROC Analysis

4.2.1.   Growth Drivers

4.2.2.   Restraints

4.2.3.   Opportunities

4.2.4.   Challenges

4.3. Technological Landscape

4.4. Regulatory Framework

4.5. Company market share analysis,2018

4.6. Porter’s Five forces analysis

4.6.1.   Bargaining Power of Suppliers

4.6.2.   Bargaining Power of Buyers

4.6.3.   Threat of New Entrants

4.6.4.   Threat of Substitutes

4.6.5.   Intensity of Rivalry

4.7. PESTEL Analysis

4.8. Strategic Outlook

5.    Global Electric Bus Market Overview

5.1. Market Size & Forecast 2015-2025

5.1.1.   By Value (USD)

5.2. Market Share & Forecast

5.2.1.   By Electrification Type       Plug-in Hybrid Bus       Battery Electric Bus       Hybrid Bus

5.2.2.   By Bus Type       Light Bus       Medium Bus       High Seating Capacity Bus

5.2.3.   By Component       Batteries       Electric Motor       Transmission System

5.2.4.   By Battery       Lithium Titanate       Lithium Iron Phosphate       Nickel Manganese Cobalt

5.2.5.   By Operation       Manual       Semi-autonomous       Autonomous

5.2.6.   By Region       North America       Europe       Asia Pacific       Latin America       Middle East & Africa

6.    North America Electric Bus Market

6.1. Key Regional Trends

6.2. Market estimates & forecast

6.2.1.   By Electrification Type

6.2.2.   By Bus Type

6.2.3.   By Component

6.2.4.   By Battery

6.2.5.   By Operation

6.2.6.   By Country       U.S       Canada

7.    Europe Electric Bus Market

7.1. Key Regional Trends

7.2. Market estimates & forecast

7.2.1.   By Electrification Type

7.2.2.   By Bus Type

7.2.3.   By Component

7.2.4.   By Battery

7.2.5.   By Operation

7.2.6.   By Country       Germany       U.K       France       Italy       Rest of Europe

8.    Asia Pacific Electric Bus Market

8.1. Key Regional Trends

8.2. Market estimates & forecast

8.2.1.   By Electrification Type

8.2.2.   By Bus Type

8.2.3.   By Component

8.2.4.   By Battery

8.2.5.   By Operation

8.2.6.   By Country       China       India       Japan       Rest of APAC

9.    Latin America Electric Bus Market

9.1. Key Regional Trends

9.2. Market estimates & forecast

9.2.1.   By Electrification Type

9.2.2.   By Bus Type

9.2.3.   By Component

9.2.4.   By Battery

9.2.5.   By Operation

9.2.6.   By Country       Brazil       Argentina       Rest of Latin America

10.Middle East & Africa Electric Bus Market

10.1.             Key Regional Trends

10.2.             Market estimates & forecast

10.2.1.                By Electrification Type

10.2.2.                By Bus Type

10.2.3.                By Component

10.2.4.                By Battery

10.2.5.                By Operation

10.2.6.                By Country    Saudi Arabia    UAE    South Africa    Rest of MEA

11.Company Profile (Company Overview, Financial Matrix, Key Product landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook)*

11.1.             Alexander Dennis Limited

11.2.             EBUSCO

11.3.             Shenzhen Wuzhoulong Motors Co. Ltd

11.4.             BYD Company Limited

11.5.             AB Volvo,

11.6.             Proterra.Inc.

11.7.             Yutong

11.8.             Daimler AG

11.9.             Zhongtong Bus & Holding Co.Ltd

11.10.          Ashok Leyland

11.11.          Other Prominent Players

Strategic Recommendation

*Financial Details Not Be Captured in Case of Unlisted Companies

**The segmentation and the companies are subjected to modifications based on in-depth secondary for the final deliverable

Market Segmentation

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