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Spain Electric Bus Market 2019-2025

  • ID: 5124916
  • Report
  • May 2020
  • Region: Spain
  • Orion Market Research Private Limited
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FEATURED COMPANIES

  • BYD Co. Ltd.
  • Irizar Corp.
  • Kiepe Electriv GmbH
  • Solaris
  • MORE
Spain Electric Bus Market Size, Share & Trends Analysis Report by Bus Type (Hybrid Electric Bus, Fuel Cell Electric Bus, and Battery Electric Bus), by Battery Type (NiMH, Li-ion, and Others), by End-User (Government and Fleet Owner), and Forecast 2019-2025.

Spain electric bus market is estimated to grow at a considerable CAGR during the forecast period. Increasing awareness about green vehicles to reduce the level of greenhouse gases is a major factor to propel the growth of the Spain electric bus market. However, the high cost of electric buses in comparison to other conventional buses is a major factor that may restrict market growth. Technological advancements and growing adoption of high-end batteries to cut down the cost of electronic buses are anticipated to be major growth opportunities for the Spain electric bus market.

The market is segmented on the basis of bus type, battery type, and end-user. Based on the bus type, the market is sub-segmented into the hybrid electric bus, fuel cell electric bus, and battery-electric bus. Based on the battery type, the market is sub-segmented into NiMH, Li-Ion, and others. The decline in cost of li-ion battery and inherent benefits offered by these batteries including smaller size, lighter weight, and higher energy density is anticipated to drive the market share of these batteries. Based on end-user, the market is sub-segmented into government and fleet owners.

Spain electric bus market is composed of several local and international players. Some of the major market players operating in the market include BYD Co. Ltd., Irizar Corp., Jiangsu Alfa Bus Co., Ltd., Kiepe Electric GmbH, and Solaris, among others. These market players are anticipated to offer significant opportunities towards the growth of the market owing to their on-going R&D activities, investment in new technologies, and geographical expansion, among others. For instance, in May 2018, Irizar Corp. installed its plant in Aduna, Spain with an initial capacity of 1,000 vehicles per year for the manufacturing of electric buses along with other types of industrial vehicles to complement the electromobility needs of cities in Spain.

Research Methodology

The market study of the Spain Electric Bus market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. The team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors.

Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables the analyst to derive the closest possible figures without any major deviations in the actual number. The analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to the reports.

Secondary Sources Include:
  • Financial reports of companies involved in the market.
  • Whitepapers, research-papers, and news blogs.
  • Company websites and their product catalog.
The report provides an in-depth analysis on market size, intended quality of the service preferred by consumers. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation:

1. Spain Electric Bus Market Research and Analysis by Bus type
2. Spain Electric Bus Market Research and Analysis by Battery Type
3. Spain Electric Bus Market Research and Analysis by End-User

The Report covers:
  • Comprehensive research methodology of the Spain Electric Bus market.
  • This report also includes a detailed and extensive market overview with key analyst insights.
  • An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
  • Analysis of regional regulations and other government policies impacting the Spain Electric Bus market.
  • Insights about market determinants which are stimulating the Spain Electric Bus market.
  • Detailed and extensive market segments with regional distribution of forecasted revenues.
  • Extensive profiles and recent developments of market players.
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • BYD Co. Ltd.
  • Irizar Corp.
  • Kiepe Electriv GmbH
  • Solaris
  • MORE
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments

2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Rules & Regulations

3. Competitive Landscape
3.1. Company Share Analysis
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments

4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities

5. Market Segmentation
5.1. Spain Electric Bus Market by Bus Type
5.1.1. Hybrid Electric Bus
5.1.2. Fuel Cell Electric Bus
5.1.3. Battery Electric Bus
5.2. Spain Electric Bus Market by Battery Type
5.2.1. Lithium-ion batteries
5.2.2. NiMH Batteries
5.2.3. Others
5.3. Spain Electric Bus Market by End-User
5.3.1. Government
5.3.2. Fleet Owner

6. Company Profiles
6.1. BYD Co. Ltd.
6.2. Irizar Corp.
6.3. Iveco (A CNH Industrial Co.)
6.4. Jiangsu Alfa Bus Co., Ltd.
6.5. Kiepe Electriv GmbH
6.6. Solaris

LIST OF TABLES
1. SPAIN ELECTRIC BUS MARKET RESEARCH AND ANALYSIS BY BUS TYPE, 2018-2025 ($ MILLION)
2. SPAIN ELECTRIC BUS MARKET RESEARCH AND ANALYSIS BY BATTERY TYPE, 2018-2025 ($ MILLION)
3. SPAIN ELECTRIC BUS MARKET RESEARCH AND ANALYSIS BY END-USER, 2018-2025 ($ MILLION)

LIST OF FIGURES
1. SPAIN ELECTRIC BUS MARKET SHARE BY BUS TYPE, 2018 VS 2025 (%)
2. SPAIN HYBRID ELECTRIC BUS MARKET SIZE, 2018-2025 ($ MILLION)
3. SPAIN FUEL CELL ELECTRIC BUS MARKET SIZE, 2018-2025 ($ MILLION)
4. SPAIN BATTERY ELECTRIC BUS MARKET SIZE, 2018-2025 ($ MILLION)
5. SPAIN ELECTRIC BUS MARKET SHARE BY BATTERY TYPE, 2018 VS 2025 (%)
6. SPAIN LI-ION BATTERY FOR ELECTRIC BUS MARKET SIZE, 2018-2025 ($ MILLION)
7. SPAIN NIMH BATTERY FOR ELECTRIC BUS MARKET SIZE, 2018-2025 ($ MILLION)
8. SPAIN OTHER BATTERY FOR ELECTRIC BUS MARKET SIZE, 2018-2025 ($ MILLION)
9. SPAIN ELECTRIC BUS MARKET SHARE BY END-USER, 2018 VS 2025 (%)
10. SPAIN ELECTRIC BUS FOR GOVERNMENT MARKET SIZE, 2018-2025 ($ MILLION)
11. SPAIN ELECTRIC BUS FOR FLEET OWNER MARKET SIZE, 2018-2025 ($ MILLION)
Note: Product cover images may vary from those shown
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  • BYD Co. Ltd.
  • Irizar Corp.
  • Iveco (A CNH Industrial Co.)
  • Jiangsu Alfa Bus Co., Ltd.
  • Kiepe Electriv GmbH
  • Solaris
Note: Product cover images may vary from those shown
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