Global Electric Bus Market 2018-2022 - Product Image

Global Electric Bus Market 2018-2022

  • ID: 4668738
  • Report
  • Region: Global
  • 100 pages
  • TechNavio
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FEATURED COMPANIES

  • ANKAI
  • BYD Company
  • Higer Bus
  • Yinlong Energy
  • YUTONG
  • Zhongtong Bus Holding
  • MORE
About this market
The initial cost of an electric bus is higher than that of a conventional bus. An average electric bus can cost 30%-35% more than an average conventional bus. Any change in the battery prices can bring a huge difference in the total cost of an electric bus. The need for efficiency improvement has encouraged battery manufacturers to come up with technological advancements in electric bus batteries. For example, advancements in Li-ion batteries have not only reduced the overall weight of electric buses but also increased their lifespan when compared to buses that use conventional lead acid and valve-regulated lead acid (VRLA) batteries. Thus, the reduction in battery prices will drive the electric bus market growth during the forecast period.

Market Overview

Reduction in battery prices
Battery prices account for a significant share of the total cost of electric bus production. The need for efficiency improvement has encouraged battery manufacturers to come up with technological advancements in electric bus batteries. For instance, advancements in Li-ion batteries have not only reduced the overall weight of electric buses but also increased their lifespan when compared to buses that use conventional lead acid and valve-regulated lead acid (VRLA) batteries.

Declining number of public transport users
The increasing preference for personal vehicles is limiting the demand for public transportation. As a result, transit agencies are becoming reluctant to replace their existing conventional buses with expensive electric buses. This is a hindrance for the growth of the global electric bus market.

For the detailed list of factors that will drive and challenge the growth of the electric bus market during the 2018-2022, view the full report.

Competitive Landscape
The market appears to be fragmented and with the presence of several companies including ANKAI, BYD Company the competitive environment is quite intense. Factors such as the reduction in battery prices and increasing popularity of wireless charging systems, will provide considerable growth opportunities to aircraft towbars manufactures. ANKAI, BYD Company, Higer BUS, Yinlong Energy, YUTONG, and Zhongtong Bus Holding are some of the major companies covered in this report.
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FEATURED COMPANIES

  • ANKAI
  • BYD Company
  • Higer Bus
  • Yinlong Energy
  • YUTONG
  • Zhongtong Bus Holding
  • MORE
PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: MARKET LANDSCAPE
  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis
PART 05: MARKET SIZING
  • Market definition
  • Market sizing 2017
  • Market size and forecast 2017-2022
PART 06: FIVE FORCES ANALYSIS
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition
PART 07: MARKET SEGMENTATION BY BUS TYPE
  • Segmentation by bus type
  • Comparison by bus type
  • Pure electric buses – Market size and forecast 2017-2022
  • Plug-in hybrid buses – Market size and forecast 2017-2022
  • Market opportunity by bus type
PART 08: CUSTOMER LANDSCAPE

PART 09: REGIONAL LANDSCAPE
  • Geographical segmentation
  • Regional comparison
  • China – Market size and forecast 2017-2022
  • Rest of the world – Market size and forecast 2017-2022
  • Key leading countries
  • Market opportunity
PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 12: MARKET TRENDS
  • Increasing popularity of wireless charging systems
  • Technological advancements in electric buses
  • Retrofitted electric buses
PART 13: VENDOR LANDSCAPE
  • Overview
  • Landscape disruption
PART 14: VENDOR ANALYSIS
  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • ANKAI
  • BYD Company
  • Higer Bus
  • Yinlong Energy
  • YUTONG
  • Zhongtong Bus Holding
PART 15: APPENDIX
  • List of abbreviations
List of Exhibits
Exhibit 01: Parent market
Exhibit 02: Global buses and coaches market: Segmentation
Exhibit 03: Market characteristics
Exhibit 04: Market segments
Exhibit 05: Market definition – Inclusions and exclusions checklist
Exhibit 06: Market size 2017
Exhibit 07: Validation techniques employed for market sizing 2017
Exhibit 08: Global electric bus market – Market size and forecast 2017-2022 (thousand units)
Exhibit 09: Global electric bus market – Year-over-year growth 2018-2022 (%)
Exhibit 10: Five forces analysis 2017
Exhibit 11: Five forces analysis 2022
Exhibit 12: Bargaining power of buyers
Exhibit 13: Bargaining power of suppliers
Exhibit 14: Threat of new entrants
Exhibit 15: Threat of substitutes
Exhibit 16: Threat of rivalry
Exhibit 17: Market condition – Five forces 2017
Exhibit 18: Global electric bus market by bus type – Market share 2017-2022 (%)
Exhibit 19: Comparison by bus type
Exhibit 20: Pure electric buses – Market size and forecast 2017-2022 (thousand units)
Exhibit 21: Pure electric buses – Year-over-year growth 2018-2022 (%)
Exhibit 22: Plug-in hybrid buses – Market size and forecast 2017-2022 (thousand units)
Exhibit 23: Plug-in hybrid buses – Year-over-year growth 2018-2022 (%)
Exhibit 24: Market opportunity by bus type
Exhibit 25: Customer landscape
Exhibit 26: Global electric bus market by geography – Market share 2017-2022 (%)
Exhibit 27: Regional comparison
Exhibit 28: China – Market size and forecast 2017-2022 (thousand units)
Exhibit 29: China – Year-over-year growth 2018-2022 (%)
Exhibit 30: Rest of the world – Market size and forecast 2017-2022 (thousand units)
Exhibit 31: Rest of the world – Year-over-year growth 2018-2022 (%)
Exhibit 32: Key leading countries
Exhibit 33: Market opportunity
Exhibit 34: Vendor landscape
Exhibit 35: Landscape disruption
Exhibit 36: Vendors covered
Exhibit 37: Vendor classification
Exhibit 38: Market positioning of vendors
Exhibit 39: ANKAI: An overview
Exhibit 40: ANKAI – Product segments
Exhibit 41: ANKAI – Organizational developments
Exhibit 42: ANKAI – Key offerings
Exhibit 43: BYD Company: An overview
Exhibit 44: BYD Company – Business segments
Exhibit 45: BYD Company – Organizational developments
Exhibit 46: BYD Company – Geographic focus
Exhibit 47: BYD Company – Segment focus
Exhibit 48: BYD Company – Key offerings
Exhibit 49: Higer Bus: An overview
Exhibit 50: Higer Bus – Product segments
Exhibit 51: Higer Bus – Organizational developments
Exhibit 52: Higer Bus – Key offerings
Exhibit 53: Yinlong Energy: An overview
Exhibit 54: Yinlong Energy – Product segments
Exhibit 55: Yinlong Energy – Organizational developments
Exhibit 56: Yinlong Energy – Key offerings
Exhibit 57: YUTONG: An overview
Exhibit 58: YUTONG – Product segments
Exhibit 59: YUTONG – Organizational developments
Exhibit 60: YUTONG – Key offerings
Exhibit 61: Zhongtong Bus Holding: An overview
Exhibit 62: Zhongtong Bus Holding – Product segments
Exhibit 63: Zhongtong Bus Holding – Organizational developments
Exhibit 64: Zhongtong Bus Holding – Key offerings
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • ANKAI
  • BYD Company
  • Higer Bus
  • Yinlong Energy
  • YUTONG
  • Zhongtong Bus Holding
  • MORE
Global Electric Bus Market 2018-2022

The author of the report recognizes the following companies as the key players in the global electric bus market: ANKAI, BYD Company, Higer BUS, Yinlong Energy, YUTONG, and Zhongtong Bus Holding.

Commenting on the report, an analyst from the research team said: “One trend in the market is increasing popularity of wireless charging systems. High power levels are required for charging electric buses, which when provided by the inductive wireless technology, increases the convenience of electric bus operators. The US Department of Energy's Oak Ridge National Laboratory (ORNL) has developed a 20-KW inductive wireless charging system for electric vehicles.”

According to the report, one driver in the market is reduction in battery prices. Battery prices account for a significant share of the total cost of electric bus production. The need for efficiency improvement has encouraged battery manufacturers to come up with technological advancements in electric bus batteries. For instance, advancements in Li-ion batteries have not only reduced the overall weight of electric buses but also increased their lifespan when compared to buses that use conventional lead acid and valve-regulated lead acid (VRLA) batteries. The initial cost of an electric bus is higher than that of a conventional bus. An average electric bus can cost 30%-35% more than an average conventional bus. Any change in the battery prices can bring a huge difference in the total cost of an electric bus.

Further, the report states that one challenge in the market is declining number of public transport users. The increasing preference for personal vehicles is limiting the demand for public transportation. As a result. transit agencies are becoming reluctant to replace their existing conventional buses with expensive electric buses. This is a hindrance for the growth of the global electric bus market

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • ANKAI
  • BYD Company
  • Higer Bus
  • Yinlong Energy
  • YUTONG
  • Zhongtong Bus Holding
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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