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The electric bus market is forecasted to grow by USD 25.05 billion during 2024-2029, accelerating at a CAGR of 16.7% during the forecast period. The report on the electric bus market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by reduction in battery prices of electric buses, technological improvements to reduce downtime, and government initiatives promoting electric buses.
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 size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
The electric bus market is segmented as below:
By Application
- Intercity
- Intra city
By Type
- Pure electric bus
- Plug-in hybrid bus
By Speed
- Less than 200 Miles
- More than 200 Miles
By Capacity
- Up to 400 kWh
- Above 400 kWh
By Product Type
- Semi-autonomous
- Autonomous
By Geographical Landscape
- APAC
- Europe
- North America
- Middle East and Africa
- South America
The report on the electric bus market covers the following areas:
- Electric Bus Market sizing
- Electric Bus Market forecast
- Electric Bus Market industry analysis
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Application
9 Market Segmentation by Type
10 Market Segmentation by Speed
11 Market Segmentation by Capacity
12 Market Segmentation by Product Type
13 Customer Landscape
14 Geographic Landscape
15 Drivers, Challenges, and Opportunity/Restraints
16 Competitive Landscape
17 Competitive Analysis
18 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global electric bus market: AB Volvo, BKM.BY, Bollore SE, BYD Co. Ltd., CNH Industrial NV, Complete Coach Works, Eletra, GreenPower Motor Co. Inc., Hyundai Motor Co., Jiangsu Alfa Bus Co. Ltd., Mercedes Benz Group AG, NFI Group Inc., Proterra Inc., Tata Motors Ltd., and TECNOBUS Spa.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increasing popularity of wireless charging systems."
According to the report, one of the major drivers for this market is the reduction in battery prices of electric buses.
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.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- AB Volvo
- BKM.BY
- Bollore SE
- BYD Co. Ltd.
- CNH Industrial NV
- Complete Coach Works
- Eletra
- GreenPower Motor Co. Inc.
- Hyundai Motor Co.
- Jiangsu Alfa Bus Co. Ltd.
- Mercedes Benz Group AG
- NFI Group Inc.
- Proterra Inc.
- Tata Motors Ltd.
- TECNOBUS Spa
