Electric Bus Market Trends, Size, Share, Growth and Forecast to 2025

Pure Electric Bus Expected to be the Fastest Growing Segment in the Electric Bus Market During 2016 – 2025

Global Electric Bus Market to Witness 21% CAGR During 2016 – 2025

The global electric bus market is expected to grow at a CAGR of 20.9% in terms of volume during 2016-2025. Among the various technologies, the parallel hybrid bus segment accounted for largest share (43.6%) in the electric bus market in 2015.

Pure electric buses require battery for their operation, while hybrid electric buses use conventional fuel, along with an electric propulsion system. Hybrid electric buses accumulate energy, when the bus decelerates. The power stored in batteries of hybrid electric buses is used for forceful tasks, such as accelerating from standstill. Once the vehicle is in motion, the combustion engine later runs the vehicle’s movement Explore

Full

Market

Research

Report

at:

https://www.psmarketresearch.com/market-

analysis/electric-bus-market China accounted for the largest market share of electric bus, among the various countries in 2015.

With newly built smart cities and modern infrastructure, China is giving significant attention to the emission free public transit system. The government of China offers subsidies on the purchase of emission free vehicles that has assisted the growth of the electric bus market in the country. China is expected to account for more than 50% share of the global electric bus market by the end of 2025. Currently, the average cost of controller is about $9,000 to $10,000, however by the end of 2025, the average price for controller is expected to increase by 10% to 20%.

Request for Sample Pages: https://www.psmarketresearch.com/market-analysis/electric-busmarket/report-sample Across the value chain of electric bus market, the supplier-level cost for batteries and motors are expected to decline during the forecast period, which is expected to lower the overall manufacturing cost of electric bus during 2021-2025. However, the cost of controllers is likely to increase, due to a shift in propulsive power from diesel engine to electric motor. Therefore, it is expected to increase the complexity of power management in pure electric buses during the forecast period.

The regional electric bus players are expanding their market reach though organic expansion. BYD Company Limited has recently expanded its production base in Europe and North America. Solaris Bus and Coach S.A. launched articulated electric bus ‘Urbino 18’, in September 2014. EBUSCO launched EBUSCO 2.0, a new product under company’s electric bus portfolio in the same month in 2014. The major players operating in the global electric bus market include, Zhengzhou Yutong

© P&S Market Research. All rights reserved

2

Global Electric Bus Market to Witness 21% CAGR During 2016 – 2025

Group Co. Ltd., AB Volvo, Shenzhen Wuzhoulong Motors Co. Ltd., FAW Group Corporation, King Long United, Automotive Industry Co. Ltd., Daimler AG, Alexander Dennis Limited, EBUSCO, Ashok Leyland Ltd., Solaris Bus & Coach S.A., BYD Company Limited, and Proterra Inc. Browse

Other

Related

Report

at:

https://www.psmarketresearch.com/industry-

report/automotive-and-transportation

Table of Content Chapter 1. Research Scope and Methodology 1.1 Market Definition 1.2 Market Scope 1.2.1 Global electric bus market breakdown by technology 1.2.2 Global electric bus market breakdown by geography 1.3 Research Methodology and Sources Chapter 2. Executive Summary 2.1 Key Findings Chapter 3. Market Outlook 3.1 Introduction 3.2 Value Chain Analysis 3.3 Opportunities and Trends in the Electric Bus Market 3.3.1 China’s early adoption of electric buses would act as growth opportunities for the electric bus market 3.3.2 Increasing product portfolio of electric bus manufacturers 3.4 Factors Driving the Growth of Market and its Impact on Market Forecast 3.4.1 Growing concern of greenhouse gas emission 3.4.2 Long term environment and cost benefits of electric buses attracting transit agencies 3.4.3 Increasing venture capital funding, and public-private partnerships (PPP)

© P&S Market Research. All rights reserved

3

Global Electric Bus Market to Witness 21% CAGR During 2016 – 2025

3.4.4 Impact analysis of drivers on market forecast 3.5 Factors Hindering the Growth of Market and its Impact on Market Forecast 3.5.1 High purchasing cost of electric buses 3.5.2 Growing popularity of natural gas fuelled buses 3.5.3 Impact analysis of restraints on market forecast Chapter 4. Global Electric Bus Market, by Technology (2012 – 2025) 4.1 Series Parallel Hybrid Bus 4.2 Series Hybrid Bus 4.3 Parallel Hybrid Bus 4.4 Pure Electric Bus Chapter 5. Electric Bus Market, by Geography (2012 – 2025) 5.1 North America Electric Bus Market 5.1.1 North America electric bus market, by country 5.1.1.1 U.S. electric bus market 5.1.1.2 Canada electric bus market 5.1.2 North America electric bus market, by technology 5.2 Europe Electric Bus Market 5.2.1 Europe electric bus market, by country 5.2.1.1 U.K. electric bus market 5.2.1.2 France electric bus market 5.2.1.3 Germany electric bus market 5.2.1.4 Russia electric bus market 5.2.2 Europe electric bus market, by technology 5.3 Asia-Pacific Electric Bus Market 5.3.1 Asia-Pacific electric bus market, by country

© P&S Market Research. All rights reserved

4

Global Electric Bus Market to Witness 21% CAGR During 2016 – 2025

5.3.1.1 China electric bus market 5.3.1.2 India electric bus market 5.3.2 Asia-Pacific electric bus market, by technology 5.4 Rest of the World Electric Bus Market 5.4.1 Rest of the World electric bus market, by country 5.4.1.1 Brazil electric bus market 5.4.2 Rest of the World electric bus market, by technology Chapter 6. Competitive Positioning and Market Share Analysis 6.1 Porter’s Five Forces of Competitive Position Analysis 6.1.1 Bargaining power of buyers 6.1.2 Bargaining power of suppliers 6.1.3 Threat of new entrants 6.1.4 Intensity of rivalry 6.1.5 Threat of substitutes 6.2 Competitive Positioning of Key Players in the Global Market 6.3 Market Share Analysis of Major Players Chapter 7. Company Profiles and Strategic Developments 7.1 Key Company Profiles 7.1.1 Zhengzhou Yutong Group Co. Ltd. 7.1.1.1 Business overview 7.1.1.2 Product and service offerings 7.1.2 King Long United Automotive Industry Co. Ltd 7.1.2.1 Business overview 7.1.2.2 Product and service offerings 7.1.3 BYD Company Limited

© P&S Market Research. All rights reserved

5

Global Electric Bus Market to Witness 21% CAGR During 2016 – 2025

7.1.3.1 Business overview 7.1.3.2 Product and service offerings 7.1.4 Proterra Inc. 7.1.4.1 Business overview 7.1.4.2 Product and service offerings 7.1.5 AB Volvo 7.1.5.1 Business overview 7.1.5.2 Product and service offerings 7.1.6 Daimler AG 7.1.6.1 Business overview 7.1.6.2 Product and service offerings 7.1.7 Solaris Bus & Coach S.A. 7.1.7.1 Business overview 7.1.7.2 Product and service offerings 7.1.8 Zhongtong Bus & Holding Co. Ltd. 7.1.8.1 Business overview 7.1.8.2 Product and service offerings 7.1.9 Ashok Leyland Ltd. 7.1.9.1 Business overview 7.1.9.2 Product and service offerings 7.1.10 EBUSCO 7.1.10.1 Business overview 7.1.10.2 Product and service offerings 7.1.11 Alexander Dennis Limited 7.1.11.1 Business overview

Š P&S Market Research. All rights reserved

6

Global Electric Bus Market to Witness 21% CAGR During 2016 – 2025

7.1.11.2 Product and service offerings 7.1.12 Shenzhen Wuzhoulong Motors Co. Ltd 7.1.12.1 Business overview 7.1.12.2 Product and service offerings 7.2 Strategic Developments in the Electric Bus Market 7.2.1 Product launches 7.2.2 Orders and contracts 7.2.3 Other developments Chapter 8. Appendix 8.1 List of Abbreviations

About P&S Market Research P&S Market Research is a market research company, which offers market research and consulting services for various geographies around the globe. We provide market research reports, industry forecasting reports, business intelligence, and research based consulting services across different industry/business verticals.

As one of the top growing market research agency, we’re keen upon providing market landscape and accurate forecasting. Our analysts and consultants are proficient with business intelligence and market analysis, through their interaction with leading companies of the concerned domain. We help our clients with B2B market research and assist them in identifying various windows of opportunity, and framing informed and customized business expansion strategies in different regions.

Contact: Abhishek Executive – Client Partner 347, 5th Ave. #1402 New York City, NY - 10016

© P&S Market Research. All rights reserved

7

Global Electric Bus Market to Witness 21% CAGR During 2016 – 2025

Toll-free: +1-888-778-7886 (USA/Canada) Email: enquiry@psmarketresearch.com Web: https://www.psmarketresearch.com

Š P&S Market Research. All rights reserved

8