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Electric Bus Market by Component (Batteries, Battery Management System, Charger), Bus Type (Double-Decker Buses, School Buses, Shuttle Buses), Propulsion, Battery Type, Battery Capacity, Seating Capacity, Range, Autonomous Driving Level, Ownership, Applic

Publisher 360iResearch
Published Apr 17, 2024
Length 190 Pages
SKU # IRE18707662

Description

Electric Bus Market by Component (Batteries, Battery Management System, Charger), Bus Type (Double-Decker Buses, School Buses, Shuttle Buses), Propulsion, Battery Type, Battery Capacity, Seating Capacity, Range, Autonomous Driving Level, Ownership, Application - Global Forecast 2024-2030


The Electric Bus Market size was estimated at USD 34.35 billion in 2023 and expected to reach USD 38.78 billion in 2024, at a CAGR 14.65% to reach USD 89.47 billion by 2030.

An electric bus operates on electricity, contrasting with traditional buses that run on diesel & other fossil fuels. Electric buses utilize electric motors for propulsion and are powered primarily through a battery & an external power source that charges the battery. These vehicles are a key component in the transition to more sustainable public transport systems, aiming to lower greenhouse gas emissions, operating costs, and air quality in urban areas. Increasing demand for emission-free and energy-efficient mass transit solutions, along with government support for the electrification of public transport systems, boosts the deployment of electric buses. However, the limited availability of necessary infrastructure slows the market expansion globally. In addition, concerns associated with battery capacity and operations create a huge impact on electric bus utilization. Furthermore, technological advancements in electric bus design and development, with the improvements in charging infrastructure across economies, pose significant opportunities for market growth.

Please Note: PDF & Excel + Online Access - 1 Year

Table of Contents

190 Pages
1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Increasing demand for emission-free and energy-efficient mass transit solutions
5.1.1.2. Rising government support for electrification of public transport systems
5.1.1.3. Growing adoption of electric bus fleets by schools and colleges
5.1.2. Restraints
5.1.2.1. Limited availability of necessary infrastructure
5.1.3. Opportunities
5.1.3.1. Technological advancements in electric bus design and development
5.1.3.2. Improvements in charging infrastructure across economies
5.1.4. Challenges
5.1.4.1. Concerns associated with battery capacity and operation
5.2. Market Segmentation Analysis
5.2.1. Range: Growing adoption of electric buses with a range of over 200 miles due to its extended operation
5.2.2. Application: Smart city infrastructure development boost the adoption of intracity electric buses
5.2.3. Bus Type: Rising demand for electric school buses for promoting sustainability and environmental responsibility among young generations
5.3. Market Disruption Analysis
5.4. Porter’s Five Forces Analysis
5.4.1. Threat of New Entrants
5.4.2. Threat of Substitutes
5.4.3. Bargaining Power of Customers
5.4.4. Bargaining Power of Suppliers
5.4.5. Industry Rivalry
5.5. Value Chain & Critical Path Analysis
5.6. Pricing Analysis
5.7. Technology Analysis
5.8. Patent Analysis
5.9. Trade Analysis
5.10. Regulatory Framework Analysis
6. Electric Bus Market, by Component
6.1. Introduction
6.2. Batteries
6.3. Battery Management System
6.4. Charger
6.5. Cooling Systems
6.6. HV Cable Routing
6.7. Motors
6.8. Vehicle Testing
7. Electric Bus Market, by Bus Type
7.1. Introduction
7.2. Double-Decker Buses
7.3. School Buses
7.4. Shuttle Buses
8. Electric Bus Market, by Propulsion
8.1. Introduction
8.2. Battery Electric Bus
8.3. Fuel Cell Electric Bus
9. Electric Bus Market, by Battery Type
9.1. Introduction
9.2. Lead-Acid Batteries
9.3. Lithium-Ion Batteries
9.4. Nickel-Metal Hydride Batteries
10. Electric Bus Market, by Battery Capacity
10.1. Introduction
10.2. Over 350 kWh
10.3. Up to 350 kWh
11. Electric Bus Market, by Seating Capacity
11.1. Introduction
11.2. 40-70 Seats
11.3. Over 70 Seats
11.4. Up to 40 Seats
12. Electric Bus Market, by Range
12.1. Introduction
12.2. Over 200 Miles
12.3. Up to 200 Miles
13. Electric Bus Market, by Autonomous Driving Level
13.1. Introduction
13.2. Level 0
13.3. Level 1
13.4. Level 2
13.5. Level 3
13.6. Level 4
13.7. Level 5
14. Electric Bus Market, by Ownership
14.1. Introduction
14.2. Government
14.3. Private
15. Electric Bus Market, by Application
15.1. Introduction
15.2. Intercity
15.3. Intracity
16. Americas Electric Bus Market
16.1. Introduction
16.2. Argentina
16.3. Brazil
16.4. Canada
16.5. Mexico
16.6. United States
17. Asia-Pacific Electric Bus Market
17.1. Introduction
17.2. Australia
17.3. China
17.4. India
17.5. Indonesia
17.6. Japan
17.7. Malaysia
17.8. Philippines
17.9. Singapore
17.10. South Korea
17.11. Taiwan
17.12. Thailand
17.13. Vietnam
18. Europe, Middle East & Africa Electric Bus Market
18.1. Introduction
18.2. Denmark
18.3. Egypt
18.4. Finland
18.5. France
18.6. Germany
18.7. Israel
18.8. Italy
18.9. Netherlands
18.10. Nigeria
18.11. Norway
18.12. Poland
18.13. Qatar
18.14. Russia
18.15. Saudi Arabia
18.16. South Africa
18.17. Spain
18.18. Sweden
18.19. Switzerland
18.20. Turkey
18.21. United Arab Emirates
18.22. United Kingdom
19. Competitive Landscape
19.1. Market Share Analysis, 2023
19.2. FPNV Positioning Matrix, 2023
19.3. Competitive Scenario Analysis
19.3.1. Hitachi and FirstGroup Accelerate the UK's Push to Electric Mobility, Delivering 1,000 New Bus Batteries
19.3.2. JBM Marks European Entry with Two Electric Buses at Busworld Europe 2023
19.3.3. Volvo Buses Signs Agreement with MCV for the Manufacture of Volvo Bodies for Its City and Intercity Buses
19.4. Strategy Analysis & Recommendation
20. Competitive Portfolio
20.1. Key Company Profiles
20.2. Key Product Portfolio
FIGURE 1. ELECTRIC BUS MARKET RESEARCH PROCESS
FIGURE 2. ELECTRIC BUS MARKET SIZE, 2023 VS 2030
FIGURE 3. GLOBAL ELECTRIC BUS MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. GLOBAL ELECTRIC BUS MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. GLOBAL ELECTRIC BUS MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. ELECTRIC BUS MARKET DYNAMICS
FIGURE 7. GLOBAL ELECTRIC BUS MARKET SIZE, BY COMPONENT, 2023 VS 2030 (%)
FIGURE 8. GLOBAL ELECTRIC BUS MARKET SIZE, BY COMPONENT, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. GLOBAL ELECTRIC BUS MARKET SIZE, BY BUS TYPE, 2023 VS 2030 (%)
FIGURE 10. GLOBAL ELECTRIC BUS MARKET SIZE, BY BUS TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. GLOBAL ELECTRIC BUS MARKET SIZE, BY PROPULSION, 2023 VS 2030 (%)
FIGURE 12. GLOBAL ELECTRIC BUS MARKET SIZE, BY PROPULSION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. GLOBAL ELECTRIC BUS MARKET SIZE, BY BATTERY TYPE, 2023 VS 2030 (%)
FIGURE 14. GLOBAL ELECTRIC BUS MARKET SIZE, BY BATTERY TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. GLOBAL ELECTRIC BUS MARKET SIZE, BY BATTERY CAPACITY, 2023 VS 2030 (%)
FIGURE 16. GLOBAL ELECTRIC BUS MARKET SIZE, BY BATTERY CAPACITY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. GLOBAL ELECTRIC BUS MARKET SIZE, BY SEATING CAPACITY, 2023 VS 2030 (%)
FIGURE 18. GLOBAL ELECTRIC BUS MARKET SIZE, BY SEATING CAPACITY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. GLOBAL ELECTRIC BUS MARKET SIZE, BY RANGE, 2023 VS 2030 (%)
FIGURE 20. GLOBAL ELECTRIC BUS MARKET SIZE, BY RANGE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. GLOBAL ELECTRIC BUS MARKET SIZE, BY AUTONOMOUS DRIVING LEVEL, 2023 VS 2030 (%)
FIGURE 22. GLOBAL ELECTRIC BUS MARKET SIZE, BY AUTONOMOUS DRIVING LEVEL, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 23. GLOBAL ELECTRIC BUS MARKET SIZE, BY OWNERSHIP, 2023 VS 2030 (%)
FIGURE 24. GLOBAL ELECTRIC BUS MARKET SIZE, BY OWNERSHIP, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 25. GLOBAL ELECTRIC BUS MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
FIGURE 26. GLOBAL ELECTRIC BUS MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 27. AMERICAS ELECTRIC BUS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 28. AMERICAS ELECTRIC BUS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 29. UNITED STATES ELECTRIC BUS MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 30. UNITED STATES ELECTRIC BUS MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 31. ASIA-PACIFIC ELECTRIC BUS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 32. ASIA-PACIFIC ELECTRIC BUS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 33. EUROPE, MIDDLE EAST & AFRICA ELECTRIC BUS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 34. EUROPE, MIDDLE EAST & AFRICA ELECTRIC BUS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 35. ELECTRIC BUS MARKET SHARE, BY KEY PLAYER, 2023
FIGURE 36. ELECTRIC BUS MARKET, FPNV POSITIONING MATRIX, 2023

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