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Global Electric Bus Market 2016-2020

About Electric Bus

An electric bus is driven by an electric motor, which obtains the energy stored and transferred by batteries. Some types of electric buses operate on the energy transferred by overhead electric wires. Electric buses have been in existence since 2009. Initially, these buses were limited to mini versions with a size of 8-10 meters; however, with continuous advancements in technology in battery, heavier and longer electric buses of 12-meter size have been developed, which are being operated in many countries across the globe.

Technavio’s analysts forecast the global electric bus market to grow at a CAGR of 26.77% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global electric bus market during 2016-2020. To calculate the market size, the report considers the market size calculated in both revenue and unit terms.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Electric Bus Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • BYD
  • Ebus
  • Proterra
  • Wuzhoulong
  • Yutong
Other prominent vendors
  • Ankai
  • Eagle
  • Nanjing Jiayuan
  • Zhongtong
  • Zonda Electric Bus
Market driver
  • Need to adhere to regulatory standards
  • For a full, detailed list, view our report
Market challenge
  • Electric vehicle charging load to impact power grids and supply
  • For a full, detailed list, view our report
Market trend
  • New product launches and technology advancements
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Electric Bus Market 2016-2020

Technavio recognizes the following companies as the key players in the Global Electric Bus Market: BYD, Ebus, Proterra, Wuzhoulong, and Yutong.

Other Prominent Vendors in the market are: Ankai, Eagle, Nanjing Jiayuan, Zhongtong, and Zonda electric bus.

Commenting on the report, an analyst from Technavio’s team said: “New product launches and technology advancements will have a huge impact on market growth. Growing competition among electric bus manufacturers is expected to lead to rapid innovation and launch of new and differentiating products. New players are also entering the market and existing major players are constantly launching new buses, which shows the intensity of the competition in the market.”

According to the report, a key market driver is the need to adhere to regulatory standards. Prevailing regulatory standards like emission standards; fuel economy targets; subsidies available for electric, hybrid, and alternative fuel vehicles; and governments mandating greener transport solutions have a significant impact on the automotive industry as a whole. These standards set by many countries worldwide are changing the overall structure of vehicles — the components used are becoming lighter and the appearance of the vehicles is being modified, with more safety features and new technologies introduced frequently.

Further, the report states that a major challenge that has to be accounted for is the impact electric vehicle charging will have on power supply.

Companies Mentioned

BYD, Ebus, Proterra, Wuzhoulong, Yutong, Ankai, Eagle, Nanjing Jiayuan, Zhongtong, Zonda electric bus.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
    • Value chain analysis
      • Table Electric bus value chain
  • Market landscape
    • Market overview
      • Table Global electric bus market segmentation
    • Market size and forecast
      • Table Global electric bus market (units)
      • Table Global electric bus market 2015-2020 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by charging technology
    • Table Global electric bus market segmentation by charging technology type
    • Global electric bus market segmentation by charging technology
      • Table Global electric bus market segmentation by charging technology 2015-2020
    • Global autonomous charging electric bus market
      • Table Global autonomous charging electric bus market 2015-2020 (units)
    • Global non-autonomous charging electric bus market
      • Table Global non-autonomous charging electric bus market 2015-2020 (units)
  • Geographical segmentation
    • Table Global electric bus market segmentation by geography 2015 (share)
    • Table Global electric bus market by geography 2015-2020 (share)
    • Electric bus market in APAC
      • Table Electric bus market in APAC 2015-2020 (units)
      • Table Share of China in global electric bus market 2015
      • Table Share of China in APAC electric bus market 2015
    • Electric bus market in EMEA
      • Table Electric bus market in EMEA 2015-2020 (units)
    • Electric bus market in Americas
      • Table Electric bus market in Americas 2015-2020 (units)
  • Market drivers
    • Need to adhere to regulatory standards
      • Table Emission standards for heavy-duty vehicles (trucks and buses [in grams per bhp])
      • Table Average annual emission comparisons
    • Growing efforts to improve infrastructure
      • Table Countries offering monetary initiatives to develop charging infrastructure
    • Reliability, comfort, and cost benefits
      • Table Cost for a bus to travel 100 km
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Table CO2 emission by different sectors from fossil fuel combustion 2015
    • Table Price comparison of diesel, hybrid, and electric bus
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
  • Vendor landscape
    • Competitive scenario
      • Table Market share of vendors 2015
    • Competitive benchmarking
      • Table Competitive comparison of key vendors
    • Other prominent vendors
      • Table Other prominent vendors
  • Key vendor analysis
    • BYD
      • Table BYD: Electric bus
      • Table BYD: Product portfolio
      • Table BYD: Recent developments
    • Ebus
      • Table Ebus: Products
      • Table Ebus: Product portfolio
    • Proterra
      • Table Proterra: Products
      • Table Proterra: Product portfolio
      • Table Proterra: Recent developments
    • Wuzhoulong
      • Table Wuzhoulong: Electric bus portfolio
      • Table Wuzhoulong: Product portfolio
      • Table Wuzhoulong: Recent developments
    • Yutong
      • Table Yutong: Electric bus portfolio
      • Table Yutong: Recent developments
  • Appendix
    • List of abbreviations
  • Explore Technavio

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