In 2018, the Italian electric bus charging station market generated a revenue of $12.3 million and is projected to reach $44.8 million in 2025, registering a 20.3% CAGR during the forecast period (2019-2025). The market is growing due to the rising deployment of electric buses in public fleet and government support for electric buses. Electric bus charging stations are also known as electric vehicle supply equipment, charge points, and electric recharging points and are utilized to charge the batteries of electric buses.
In terms of type, the Italian electric bus charging station market is bifurcated into opportunity charger and overnight charger. The market was dominated by the overnight charger category during the historical period (2017-2018), holding a volume share of more than 65.0% in 2018. This was due to the rising preference of private and public agencies for overnight charging buses, as their operational characteristics are similar to those of diesel buses. This category is further going to account for the major volume share of the market during the forecast period.
On the basis of power, the Italian electric bus charging station market is divided into < 22 kW, 22-50 kW, 51-150 kW, and >150 kW. In 2018, the 22-50 kW division held the largest volume share of the market. This was due to the fact that several electric bus manufacturers are launching DC fast charging buses, which facilitate fast charging in less time and in a cost-efficient manner. The fastest growth is predicted to be witnessed by the 51-150 kW division during the forecast period.
A key driving factor of the Italian electric bus charging station market is the increasing support by the government for the adoption of electric buses. For example, the Italian government has kept aside an amount of $4,371.55 million for the time period of 2019-2033 for shifting to electric and other new-energy-fueled buses in sub-urban and urban areas. Because of such initiatives, the traditional buses in the urban areas are projected to be replaced by electric buses. Major cities such as Milan, Cagliari, and Turin are changing their public transport rapidly.
The introduction of fast-charging stations is creating wide opportunities in the Italian electric bus charging station market. Various regions in the country are focusing on reducing their carbon emissions, due to which cities and municipalities are increasingly becoming inclined toward clean transportation, such as electric buses. This growing interest in electric buses in the country has led the public-owned utilities and private companies to increase their focus on installing fast-charging infrastructure. Attributed to this, battery electric buses will be able to offer uninterrupted service without carrying large batteries.
A key trend in the Italian electric bus charging station market is the increasing preference for opportunity charging buses. The reason for this is the advantages provided by such buses over depot charging system-based buses. Overnight charging is required in depot charging buses, due to which their battery is larger. The large battery increases the weight of the buses and requires significant space in the bus. In addition to this, range of the bus is affected as well. Because of these factors, the preference for opportunity charging system-based buses is on the rise in the country.
Thus, the market is growing considerably due to the rising support by the country’s government for increasing the adoption of electric buses.
In terms of type, the Italian electric bus charging station market is bifurcated into opportunity charger and overnight charger. The market was dominated by the overnight charger category during the historical period (2017-2018), holding a volume share of more than 65.0% in 2018. This was due to the rising preference of private and public agencies for overnight charging buses, as their operational characteristics are similar to those of diesel buses. This category is further going to account for the major volume share of the market during the forecast period.
On the basis of power, the Italian electric bus charging station market is divided into < 22 kW, 22-50 kW, 51-150 kW, and >150 kW. In 2018, the 22-50 kW division held the largest volume share of the market. This was due to the fact that several electric bus manufacturers are launching DC fast charging buses, which facilitate fast charging in less time and in a cost-efficient manner. The fastest growth is predicted to be witnessed by the 51-150 kW division during the forecast period.
A key driving factor of the Italian electric bus charging station market is the increasing support by the government for the adoption of electric buses. For example, the Italian government has kept aside an amount of $4,371.55 million for the time period of 2019-2033 for shifting to electric and other new-energy-fueled buses in sub-urban and urban areas. Because of such initiatives, the traditional buses in the urban areas are projected to be replaced by electric buses. Major cities such as Milan, Cagliari, and Turin are changing their public transport rapidly.
The introduction of fast-charging stations is creating wide opportunities in the Italian electric bus charging station market. Various regions in the country are focusing on reducing their carbon emissions, due to which cities and municipalities are increasingly becoming inclined toward clean transportation, such as electric buses. This growing interest in electric buses in the country has led the public-owned utilities and private companies to increase their focus on installing fast-charging infrastructure. Attributed to this, battery electric buses will be able to offer uninterrupted service without carrying large batteries.
A key trend in the Italian electric bus charging station market is the increasing preference for opportunity charging buses. The reason for this is the advantages provided by such buses over depot charging system-based buses. Overnight charging is required in depot charging buses, due to which their battery is larger. The large battery increases the weight of the buses and requires significant space in the bus. In addition to this, range of the bus is affected as well. Because of these factors, the preference for opportunity charging system-based buses is on the rise in the country.
Thus, the market is growing considerably due to the rising support by the country’s government for increasing the adoption of electric buses.
Table of Contents
Chapter 1. Research Background1.1 Research Objectives
1.2 Market Definition
1.3 Research Scope
1.3.1 Market Segmentation by Type
1.3.2 Market Segmentation by Power
1.3.3 Market Segmentation by Charger
1.3.4 Analysis Period
1.3.5 Market Data Reporting Unit
1.3.5.1 Volume
1.3.5.2 Value
1.4 Key Stakeholders
Chapter 2. Research Methodology
2.1 Secondary Research
2.2 Primary Research
2.2.1 Breakdown of Primary Research Respondents
2.2.1.1 By industry participant
2.2.1.2 By company type
2.3 Market Size Estimation
2.4 Market Breakdown and Data Triangulation
2.5 Assumptions for the Study
Chapter 3. Executive Summary
Chapter 4. Introduction
4.1 Definition of Market Segments
4.1.1 By Type
4.1.1.1 Overnight charger
4.1.1.2 Opportunity charger
4.1.2 By Power
4.1.2.1 < 22 kW
4.1.2.2 22-50 kW
4.1.2.3 51-150 kW
4.1.2.4 >150 kW
4.1.3 By Charger
4.1.3.1 On-board
4.1.3.2 Off-board
4.2 Value Chain Analysis
4.3 Market Dynamics
4.3.1 Trends
4.3.1.1 Growing preference for opportunity charging buses
4.3.2 Drivers
4.3.2.1 Government push for electric buses
4.3.2.2 Rise in deployment of electric buses in public fleet
4.3.2.3 Impact analysis of drivers on market forecast
4.3.3 Restraints
4.3.3.1 High cost of equipment and installation
4.3.3.2 Increasing availability of trolley and natural gas buses
4.3.3.3 Impact analysis of restraints on market forecast
4.3.4 Opportunities
4.3.4.1 Introduction of fast-charging stations
4.4 Porter’s Five Forces Analysis
4.4.1 Bargaining Power of Buyers
4.4.2 Bargaining Power of Suppliers
4.4.3 Threat of New Entrants
4.4.4 Intensity of Rivalry
4.4.5 Threat of Substitutes
Chapter 5. Government Policies and Regulation
5.1 Europe
5.2 Italy
Chapter 6. Potential Strategies for Charging Commercial Electric Vehicles
6.1 Overview
6.2 Strategies for Charging Commercial Electric Vehicles
6.3 Charging Business Model
6.3.1 Business Model Structure
6.3.1.1 Infrastructure
6.3.1.2 Offerings
6.3.1.3 Customers
Chapter 7. Europe Electric Bus Charging Station Market Size and Forecast
7.1 Overview
7.2 Market Size and Forecast
Chapter 8. Italy Market Size and Forecast
8.1 By Type
8.2 By Power
8.3 By Charger
Chapter 9. Competitive Landscape
9.1 List of Players and Their Offerings in Italy and Europe
9.2 Market Share Analysis of Key Players
9.3 Competitive Analysis of Key Players in Italy and Europe
9.4 Product Benchmarking of OEMs in Italy and Europe
9.5 Recent Activities of Major Players
9.5.1 Client Wins
9.5.2 Other Developments
Chapter 10. Company Profiles
10.1 Heliox B.V.
10.1.1 Business Overview
10.1.2 Product and Service Offerings
10.2 JEMA Energy S.A.
10.2.1 Business Overview
10.2.2 Product and Service Offerings
10.3 Schunk Carbon Technology
10.3.1 Business Overview
10.3.2 Product and Service Offerings
10.4 Bombardier Inc.
10.4.1 Business Overview
10.4.2 Product and Service Offerings
10.4.3 Key Financial Summary
10.5 Ekoenergetyka-Polska Sp. z o.o.
10.5.1 Business Overview
10.5.2 Product and Service Offerings
10.6 Powerdale NV
10.6.1 Business Overview
10.6.2 Product and Service Offerings
10.7 BYD Co. Ltd.
10.7.1 Business Overview
10.7.2 Product and Service Offerings
10.7.3 Key Financial Summary
Chapter 11. Appendix
11.1 Abbreviations
11.2 Sources and References
11.3 Related ReportsList of Tables
TABLE 1 ANALYSIS PERIOD OF THE STUDY
TABLE 2 DRIVERS FOR THE MARKET: IMPACT ANALYSIS
TABLE 3 RESTRAINTS FOR THE MARKET: IMPACT ANALYSIS
TABLE 4 STRATEGIES FOR CHARGING ELECTRIC VEHICLE
TABLE 5 EUROPE ELECTRIC BUS CHARGING STATION MARKET (2017-2025)
TABLE 6 ITALY ELECTRIC BUS CHARGING STATION MARKET, BY TYPE, UNITS (2017-2025)
TABLE 7 ITALY ELECTRIC BUS CHARGING STATION MARKET, BY TYPE, $M (2017-2025)
TABLE 8 ITALY ELECTRIC BUS CHARGING STATION MARKET, BY POWER, UNITS (2017-2025)
TABLE 9 ITALY ELECTRIC BUS CHARGING STATION MARKET, BY POWER, $M (2017-2025)
TABLE 10 ITALY ELECTRIC BUS CHARGING STATION MARKET, BY CHARGER, UNITS (2017-2025)
TABLE 11 ITALY ELECTRIC BUS CHARGING STATION MARKET, BY CHARGER, $M (2017-2025)
TABLE 12 LIST OF PLAYERS AND THEIR OFFERINGS
TABLE 13 COMPETITIVE BENCHMARKING OF KEY PLAYERS
TABLE 14 PRODUCT BENCHMARKING OF OEMS
TABLE 15 HELIOX B.V. - AT A GLANCE
TABLE 16 JEMA ENERGY S.A. - AT A GLANCE
TABLE 17 SCHUNK CARBON TECHNOLOGY - AT A GLANCE
TABLE 18 BOMBARDIER INC. - AT A GLANCE
TABLE 19 BOMBARDIER INC. - KEY FINANCIAL SUMMARY
TABLE 20 EKOENERGETYKA-POLSKA SP. Z O.O. - AT A GLANCE
TABLE 21 POWERDALE NV - AT A GLANCE
TABLE 22 BYD CO. LTD. - AT A GLANCEList of Figures
FIG 1 RESEARCH SCOPE
FIG 2 RESEARCH METHODOLOGY
FIG 3 BREAKDOWN OF PRIMARY RESEARCH BY INDUSTRY PARTICIPANT
FIG 4 BREAKDOWN OF PRIMARY RESEARCH BY COMPANY TYPE
FIG 5 DATA TRIANGULATION APPROACH
FIG 6 ITALY ELECTRIC BUS CHARGING STATION MARKET SUMMARY
FIG 7 VALUE CHAIN OF ANALYSIS
FIG 8 BARGAINING POWER OF BUYERS
FIG 9 BARGAINING POWER OF SUPPLIERS
FIG 10 THREAT OF NEW ENTRANTS
FIG 11 INTENSITY OF RIVALRY
FIG 12 THREAT OF SUBSTITUTES
FIG 13 CHARGING BUSINESS MODEL CANVAS
FIG 14 EUROPE ELECTRIC BUS CHARGING STATION MARKET SHARE ANALYSIS (2018)
FIG 15 ITALY ELECTRIC BUS CHARGING STATION MARKET, BY TYPE, UNITS (2017-2025)
FIG 16 ITALY ELECTRIC BUS CHARGING STATION MARKET, BY POWER, UNITS (2017-2025)
FIG 17 ITALY ELECTRIC BUS CHARGING STATION MARKET, BY CHARGER, UNITS (2017-2025)
FIG 18 ITALY ELECTRIC BUS CHARGING STATION MARKET SHARE OF KEY PLAYERS (2018)
FIG 19 BOMBARDIER INC. - REVENUE SPLIT BY SEGMENT AND GEOGRAPHY (2018)
FIG 20 BYD COMPANY LIMITED - REVENUE SPLIT BY GEOGRAPHY & SEGMENT (2018)
Companies Mentioned
- Heliox B.V.
- JEMA Energy S.A.
- Schunk Carbon Technology
- Bombardier Inc.
- Ekoenergetyka-Polska Sp. z o.o.
- Powerdale NV
- BYD Co. Ltd.
Methodology
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