Global Electric Bus Market
Electric bus is defined as a bus which does not have a traditional ICE engine for its propulsion & it is completely electric. Electric bus is also referred as E-bus which is driven by an on-board electric motor that receives the power from on-board batteries or set of batteries. These are considered as eco-friendly buses as they do not produce any pollutants and also they are economical as compared to traditional/gasoline/ diesel buses. Electric buses are divided into various types such as battery electric bus, hybrid electric bus and plug-in hybrid electric bus.
Market Drivers
The growing demand for fuel efficient, low-emission buses and high performance is expected to drive the demand for electric buses over the forecast period. Stringent government regulations towards vehicle emission and reduction in battery prices will significantly boost the global electric bus market growth. Furthermore, the increase in demand for environment friendly buses will positively influence the market growth. The rise in demand for hydrogen fuel cell bus expected to drive the global electric bus market growth. Hydrogen fuel cell buses are considered as a next generation green transport. They consist speedy refueling pace & route flexibility. Ongoing technological advancements in every industry are focusing towards the adoption of innovation & efficient ways for market growth. Proactive government initiatives for adoption of electric buses will create opportunities for the market in near future.
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Low fuel economy and serviceability and high manufacturing cost are expected to hamper the global electric bus market growth during this forecast period. The initial cost of electric bus is huge as compared to conventional buses which may limit the market growth.
Market Segmentation
The Global Electric Bus Market is segmented into type, length, range, battery capacity, power output, and region.
On the basis of type market is segmented into type such as Battery Electric Vehicle, Fuel Cell Electric Vehicle, and Plug-In Hybrid Electric Vehicle. Based on length market is segmented into Less Than 9 Meters, 9-14 Meters, and Above 14 Meters. Based on range market is segmented into Less Than 200 miles, and More Than 200 miles. On the basis of battery capacity market is segmented into Up to 400 kWh, and Above 400 kWh. Further, market is segmented into power output such as Upto 250 kW, and Above 250kW.
Also, the Global Electric Bus Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market Key Players
Various key players are listed in this report such as Volvo, BYD Company, Construcciones y Auxiliar de Ferrocarriles, Daimler AG, Ankai Bus, NFI Group, Proterra, Zhengzhou Yutong Bus Co., Ltd., VDL GROEP, Scannia AB, etc.
Market Taxonomy
By Type
Battery Electric Vehicle
Fuel Cell Electric Vehicle
Plug-In Hybrid Electric Vehicle
By Length
Less Than 9 Meters
9-14 Meters
Above 14 Meters
By Range
Less Than 200 miles
More Than 200 miles
By Battery Capacity
Up to 400 kWh
Above 400 kWh
By Power Output
Upto 250 kW
Above 250kW
By Region
North America
Latin America
Europe
Asia Pacific
Middle East & Africa
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Global Electric Bus Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Electric Bus Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Electric Bus Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Electric Bus Market Share Analysis, By Type
5.3 Global Electric Bus Market Size and Forecast, By Type
5.3.1 Battery Electric Vehicle
5.3.2 Fuel Cell Electric Vehicle
5.3.3 Plug-In Hybrid Electric Vehicle
6 Global Electric Bus Market, By Length
6.1 Y-o-Y Growth Comparison, By Length
6.2 Global Electric Bus Market Share Analysis, By Length
6.3 Global Electric Bus Market Size and Forecast, By Length
6.3.1 Less Than 9 Meters
6.3.2. 9-14 Meters
6.3.3 Above 14 Meters
7 Global Electric Bus Market, By Range
7.1 Y-o-Y Growth Comparison, By Range
7.2 Global Electric Bus Market Share Analysis, By Range
7.3 Global Electric Bus Market Size and Forecast, By Range
7.3.1 Less Than 200 miles
7.3.2 More Than 200 miles
8 Global Electric Bus Market, By Battery Capacity
8.1 Y-o-Y Growth Comparison, By Battery Capacity
8.2 Global Electric Bus Market Share Analysis, By Battery Capacity
8.3 Global Electric Bus Market Size and Forecast, By Battery Capacity
8.3.1 Up to 400 kWh
8.3.2 Above 400 kWh
9 Global Electric Bus Market, By Power Output
9.1 Y-o-Y Growth Comparison, By Power Output
9.2 Global Electric Bus Market Share Analysis, By Power Output
9.3 Global Electric Bus Market Size and Forecast, By Power Output
9.3.1 Upto 250 kW
9.3.2 Above 250kW
10Global Electric Bus Market, By Region
10.1 Global Electric Bus Market Share Analysis, By Region
10.2 Global Electric Bus Market Share Analysis, By Region
10.3 Global Electric Bus Market Size and Forecast, By Region
11 North America Electric Bus Analysis and Forecast (2020 – 2027)
11.1 Introduction
11.2 North America Electric Bus Product Market Share Analysis, By Type
11.3 North America Electric Bus Product Market Size and Forecast, By Length
11.4 North America Electric Bus Product Market Size and Forecast, By Range
11.5 North America Electric Bus Product Market Size and Forecast, By Battery Capacity
11.6North America Electric Bus Product Market Size and Forecast, By Power Output
11.7 North America Electric Bus Product Market Size and Forecast, By Country
11.7.1 U.S.
11.7.2 Canada
11.7.3 Mexico
12Europe Electric Bus Market Analysis and Forecast (2020 – 2027)
12.1 Introduction
12.2 Europe Electric Bus Product Market Share Analysis, By Type
12.3 Europe Electric Bus Product Market Size and Forecast, By Length
12.4 Europe Electric Bus Product Market Size and Forecast, By Range
12.5 Europe Electric Bus Product Market Size and Forecast, By Battery Capacity
12.6 Europe Electric Bus Product Market Size and Forecast, By Power Output
12.7 Europe Electric Bus Product Market Size and Forecast, By Country
12.7.1 Germany
12.7.2 France
12.7.3 UK
12.7.4. Rest of Europe
13Asia Pacific Electric Bus Market Analysis and Forecast (2020 – 2027)
13.1 Introduction
13.2 Asia Pacific Electric Bus Product Market Share Analysis, By Type
13.3 Asia Pacific Electric Bus Product Market Size and Forecast, By Length
13.4 Asia Pacific Electric Bus Product Market Size and Forecast, By Range
13.5 Asia Pacific Electric Bus Product Market Size and Forecast, By Battery Capacity
13.6 Asia Pacific Electric Bus Product Market Size and Forecast, By Power Output
13.7 Asia Pacific Electric Bus Product Market Size and Forecast, By Country
13.7.1 China
13.7.2 Japan
13.7.3 India
13.7.4. Rest of Asia Pacific
14Latin America Electric Bus Market Analysis and Forecast (2020 – 2027)
14.1 Introduction
14.2 Latin America Electric Bus Product Market Share Analysis, By Type
14.3 Latin America Electric Bus Product Market Size and Forecast, By Length
14.4 Latin America Electric Bus Product Market Size and Forecast, By Range
14.5 Latin America Electric Bus Product Market Size and Forecast, By Battery Capacity
14.6 Latin America Electric Bus Product Market Size and Forecast, By Power Output
14.7 Latin America Electric Bus Product Market Size and Forecast, By Country
15Middle East Electric Bus Market Analysis and Forecast (2020 – 2027)
15.1 Introduction
15.2 Middle East Electric Bus Product Market Share Analysis, By Type
15.3 Middle East Electric Bus Product Market Size and Forecast, By Length
15.4 Middle East Electric Bus Product Market Size and Forecast, By Range
15.5 Middle East Electric Bus Product Market Size and Forecast, By Battery Capacity
15.6 Middle East Electric Bus Product Market Size and Forecast, By Power Output
15.7 Middle East Electric Bus Product Market Size and Forecast, By Country
16Competitive Analysis
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