세계의 전기 버스 시장(-2030년) : 추진 구분(BEV, FCEV), 전지(LFP, NMC, NCA), 길이(9m 미만, 9-14m, 14m 초과), 용도별
Electric Bus Market by Propulsion (BEV, FCEV), Battery (LFP, NMC, NCA), Length (<9, 9-14, >14m), Application (City, Coach, Midi, School), Seating/Battery Capacity, Range, Power Output, Autonomy Level, Component, Consumer Region - Global Forecast to 2030
전기 버스 시장 규모는 2024년 170억 달러에서 예측 기간 동안 CAGR 14.2%로 추이하고 2030년에는 375억 달러 규모로 성장할 것으로 예측됩니다.
전기 버스 시장은 최근 세계적으로 꾸준히 성장하고 있습니다. 이 업계를 견인하고 있는 것은 제로 배출 차 보급을 위한 정부의 보조금, 공해 기준의 강화, 전지 팩 기술의 개발 등의 요인입니다. 규제 변경, 국제 협정, 기업의 헌신, 인프라에 대한 많은 투자에 의해 지원되며, 차량의 전기화를 위한 세계적인 노력이 이루어지고 있습니다. 배기 가스 규제에 의해 공공 버스 차량에서는 전지 구동 차량 수요가 증가하고 있기 때문에 E 버스 제조업자는 전동화 시장에 대규모 투자를 하고 있어 시장 성장을 견인하고 있습니다.
| 조사 범위 |
| 조사 대상 연도 |
2019-2030년 |
| 기준 연도 |
2024년 |
| 예측 기간 |
2024-2030년 |
| 단위 |
금액(달러) |
| 부문 |
추진 구분, 전지 유형, 소비자 유형, 길이, 좌석수, 자동 레벨, 주행 거리, 용도별 |
| 대상 지역 |
아시아태평양, 북미, 유럽, 라틴아메리카, 중동 및 아프리카 |
"길이별로는 9-14m 부문이 2024년 최대 시장 점유율을 차지할 전망"
현재 운행되고 있는 전기 버스의 대부분은 길이 9-14m로 40-70인승입니다. 이 버스는 승객 공간과 조종성이 균형을 이루므로 도시에서 사용하기에 이상적입니다. 도시 교통 정책에서는 공해와 교통 정체를 줄이기 위해 중형 버스의 채용을 추진하는 경우가 많으며, 이러한 버스는 1회 충전으로 최대 350km의 주행이 가능하기 때문에 도시 교통의 요구에 최적입니다. 제조업자는 혼잡한 도시에서도 효율적으로 다수의 승객을 운반할 수 있기 때문에 주로 9m 또는 12m의 전기 버스에 중점을 두고 있습니다. 그 결과, BYD(중국), Yutong(중국), King Long(중국), CRRC Corporation(중국), Tata Motors(인도) 등의 아시아 기업과 CAF(Solaris)(스페인), VDL Groep(네덜란드), AB Volvo(스웨덴) 등 세계의 제조업체들이 9-14m의 폭넓은 전기 버스를 제공합니다. 전기 버스 기술이 진화함에 따라 다양한 시장 수요에 부응하기 때문에 다양한 구성과 크기의 전기 버스가 등장할 수 있습니다.
"지역별로는 유럽이 두 번째로 큰 시장이 될 전망"
2024년 유럽은 독일, 영국, 프랑스, 스웨덴을 필두로 전기 버스에 있어서 두 번째로 큰 시장이 될 것으로 예측되고 있습니다. 유럽에서는 환경 규제가 점점 더 엄격 해지고 있기 때문에 전기 버스 시장에서 상당한 성장 가능성이 있습니다. 기업에 전기버스의 채용을 요구하는 규제는 시장의 추가 확대로 이어질 전망입니다. National Action Plan on Energy Efficiency에 따르면 독일의 대중교통사는 2025년까지 신형 버스의 50%를 전기로 주행할 계획이며, 2030년까지 100%를 목표로 하고 있습니다. 프랑스 정부는 2025년까지 파리의 공공버스 4,500대를 전기버스로 전환할 계획입니다. 노르웨이 정부는 도로세 면제, 통행 요금 인하, 무료 충전 등의 혜택을 제공함으로써 이러한 전환을 지원합니다. 네덜란드, 폴란드, 덴마크, 스웨덴 등 여러 국가도 2030-2040년까지 탄소 중립이 되는 것을 목표로 전기 모빌리티 솔루션을 채용하고 있습니다.
본 보고서에서는 세계 전기버스 시장을 조사했으며, 시장 개요, 시장 성장 영향요인 분석, 기술·특허 동향, 법규제 환경, 사례연구, 시장 규모 추이와 예측, 각종 구분·지역/주요 국가별 상세 분석, 경쟁 구도, 주요기업 프로파일 등을 정리했습니다.
목차
제1장 서론
제2장 조사 방법
제3장 주요 요약
제4장 중요 인사이트
제5장 시장 개요
- 시장 역학
- 무역 분석
- 생태계 분석
- 밸류체인 분석
- 총소유비용: 디젤버스와 전기버스의 10년간 서비스기간 비교
- 가격 분석
- 특허 분석
- 규제 상황
- 사례 연구 분석
- 고객의 사업에 영향을 미치는 동향과 혁신
- 기술 분석
- 부품표 분석
- 전기 버스 시장 : 제품 출시 및 기능 강화
- OEM 분석
- 주요 회의 및 이벤트
- 주요 이해관계자와 구매 기준
- 공급자 분석
- 투자와 자금조달 시나리오
- 향후의 전지 기술
제6장 전기 버스 시장 : 길이별
- 9m 미만
- 9-14m
- 14m 이상
- 주요 산업 인사이트
제7장 전기 버스 시장 : 자동 레벨별
제8장 전기 버스 시장 : 출력별
- 250KW 미만
- 250KW 이상
- 주요 인사이트
제9장 전기 버스 시장 : 용도별
- 시내버스/대중교통버스
- 코치
- 중형 버스
- 스쿨 버스
- 주요 산업 인사이트
제10장 전기 버스 시장 : 전지 용량별
- 400KWH 미만
- 400KWH 이상
- 주요 산업 인사이트
제11장 전기 버스 시장 : 전지 유형별
- NMC 배터리
- LFP 배터리
- NCA 배터리
- 기타
- 주요 산업 인사이트
제12장 전기 버스 시장 : 컴포넌트별
- 모터
- 배터리
- 연료전지 스택
- 배터리 관리 시스템
- 배터리 냉각 시스템
- DC-DC 컨버터
- 인버터
- AC/DC 충전기
- EV 커넥터
- 주요 산업 인사이트
제13장 전기 버스 시장 : 소비자별
제14장 전기 버스 시장 : 좌석수별
- 최대 40석
- 40-70석
- 70석 이상
- 주요 산업 인사이트
제15장 전기 버스 시장 : 추진 구분별
제16장 전기 버스 시장 : 차량 유형별
- 최대 200마일
- 200마일 이상
- 주요 인사이트
제17장 전기 버스 시장 : 지역별
- 아시아태평양
- 경기 후퇴의 영향
- 중국
- 일본
- 인도
- 한국
- 싱가포르
- 인도네시아
- 홍콩
- 호주
- 유럽
- 경기 후퇴의 영향
- 프랑스
- 독일
- 스페인
- 오스트리아
- 노르웨이
- 스웨덴
- 스위스
- 네덜란드
- 벨기에
- 영국
- 터키
- 폴란드
- 북미
- 라틴아메리카
- 경기 후퇴의 영향
- 아르헨티나
- 브라질
- 칠레
- 멕시코
- 콜롬비아
- 중동 및 아프리카
제18장 경쟁 구도
- 개요
- 주요 진입기업의 전략/강점
- 시장 점유율 분석
- 수익 분석
- 기업 평가 매트릭스 : 주요 기업
- 기업평가 매트릭스: 스타트업/중소기업
- 기업이치평가
- 재무지표
- 브랜드/제품 비교
- 경쟁 시나리오
제19장 기업 프로파일
- 주요 기업
- BYD COMPANY LTD.
- YUTONG BUS CO., LTD.
- VDL GROEP
- AB VOLVO
- CAF(SOLARIS BUS & COACH SP. Z OO)
- ZHONGTONG BUS HOLDING CO., LTD.
- CRRC CORPORATION LIMITED
- DAIMLER TRUCK AG
- NFI GROUP
- EBUSCO
- XIAMEN KING LONG INTERNATIONAL TRADING CO., LTD.
- 기타 기업
- BLUE BIRD CORPORATION
- GILLIG LLC
- THE LION ELECTRIC COMPANY
- TATA MOTORS
- ASHOK LEYLAND
- CHANGSHA SUNDA NEW ENERGY TECHNOLOGY CO., LTD.
- GREE ALTAIRNANO NEW ENERGY INC.
- GOLDEN DRAGON
- JBM GROUP
- SCANIA
- IRIZAR GROUP
- IVECO SPA
- BLUEBUS
- BOZANKAYA
- CAETANOBUS
- CHARIOT MOTORS
- HEULIEZ BUS
- OTOKAR OTOMOTIV VE SAVUNMA SANAYI AS
- TEMSA
- URSUS SA
- VAN HOOL
- KARSAN
- MELLOR
- HINO MOTORS, LTD.
- ANHUI ANKAI AUTOMOBILE CO., LTD.
- OLECTRA GREENTECH LIMITED
제20장 MARKETSANDMARKETS의 권장사항
- 아시아태평양이 전기 버스의 주요 시장에
- 배터리 전기 버스는 제조자에게 중요한 초점에
- 결론
제21장 부록
JHS
The electric bus market is projected to grow from USD 17.0 billion in 2024 to USD 37.5 billion by 2030, at a CAGR of 14.2%. The market for electric buses has grown steadily on a global scale in recent years. The industry is being driven by factors such government subsidies for promoting zero-emission vehicles, increased pollution standards, and developments in battery pack technologies. Global efforts are taken towards electrifying vehicle fleets, supported by regulatory changes, international agreements, corporate commitments, and substantial investments in infrastructure. Due to the emission norms, there is increasing demand for battery-powered vehicles in public-owned bus fleets and e-bus manufacturers are making huge investments in the electrification market which drives the market growth.
| Scope of the Report |
|---|
| Years Considered for the Study | 2019-2030 |
| Base Year | 2024 |
| Forecast Period | 2024-2030 |
| Units Considered | Value (USD Billion) |
| Segments | The Electric Bus Market By Propulsion, Electric Bus Market By Battery Type, Electric Bus Market By Consumer Type, Electric Bus Market By Length Of Bus, Electric Bus Market By Seating Capacity, Electric Bus Market Level Of Autonomy, Electric Bus Market Range, Electric Bus Market By Application |
| Regions covered | Asia Pacific, North America, Europe, Latin America, and Middle East and Africa |
"9-14 m segment by bus length is expected to hold the largest market share in 2024."
The majority of electric buses in service today have a length of 9 to 14 meters and can accommodate 40 to 70 people. These buses are ideal for use in cities since they balance passenger space with manoeuvrability. Urban transport policies often promote the employment of medium-sized buses in an attempt to reduce pollution and traffic congestion. These buses are perfect for urban transport needs as they have the ability to travel up to 350 kilometers on just one charge. Manufacturers focus mainly on 9- or 12-meter electric buses because they can efficiently carry large numbers of passengers in busy cities without being too large for urban roads. As a result, many Asian players such as BYD (China), Yutong (China), King Long (China), CRRC Corporation (China), and Tata Motors (India) and global manufacturers like CAF (Solaris) (Spain), VDL Groep (Netherlands), AB Volvo (Sweden), etc. offers a broad portfolio of electric buses within 9-14 m. Among them, some OEMs are increasingly focusing on this segment with new model launches leading to grab large supply contracts for different parts of the world. As an instance, BYD (China) sells K8 and K9 electric buses, which have a range of 155 to 190 miles and a height of 9 to 14 meters, respectively. LUMINUS is a fully electric city bus with lengths ranging from 9.7 to 13 meters, was launched by Volvo Buses in May 2023. As electric bus technology evolves, we may see a wider variety of electric buses that are available in different configurations and sizes to meet the demands of various markets.
"Above 200 miles segment in electric bus market will witness positive growth rate during the forecast period."
By range, the above 200-mile segment is estimated to be the fastest-growing market by 2030. There will be a growing demand for electric buses with long-distance commutes. The incorporation of intercity buses is also increasing and with the increasing demand for electric buses in long-distance commutes, companies are focusing on introducing electric buses with a range above 200 miles. As battery electric buses with above 200 miles are viable for urban and intercity transport the demand for these buses will grow. North America is expected to dominate the above 200 miles segment during the forecast period which is due to the charging structure availability in this region. In order to make it easier to use electric buses, multiple cities and transit companies in North America have established large charging stations on popular transit routes. For example, the Toronto Transit Commission has installed ten rapid-charging stations along a primary transportation route. Moreover, many North American OEMs offer products that can travel over 200 miles, increasing the need for buses with a similar range. As an instance, NFI Group Inc. unveiled its latest hydrogen fuel cell-electric bus in September 2022, featuring a range of over 370 miles. During Mobility Move 2024 in Berlin, the new Urbino 12 electric bus by Solaris was revealed, boasting an impressive range of 600 kilometers.
"Europe is projected to be the second largest electric bus market."
In 2024, Europe is estimated to be the second biggest market for electric buses, with Germany, the UK, France, and Sweden leading the way. In Europe, there is a considerable potential for growth in the electric bus market due to increasingly strict environmental regulations in the region. Regulations forcing companies to employ electric buses are expected to lead to further market expansion. According to the National Action Plan on Energy Efficiency, public transport operators in Germany plans to have 50% of their new buses run on electricity by 2025, and they aim to reach 100% by 2030. The French government plans to swap out the current fleet of 4,500 public buses in Paris for electric buses by 2025. Norway's government offers support for this transition by providing benefits such as exemption from road tax, lower toll charges, and complimentary charging. Several nations, including the Netherlands, Poland, Denmark, and Sweden, have adopted electric mobility solutions with the goal of becoming carbon neutral by 2030-2040. Such ongoing developments in the market along with the support from the government to promote the electrification of public transport through subsidies and tax benefits will drive the electric bus market in this region. The presence of renowned e-bus manufacturers such as VDL Groep (Netherland), AB Volvo (Sweden), Daimler AG (Germany), and Solaris (Spain) drives the regional requirements of electric buses with some Chinese players to be added to the list, contributing to a positive outlook for the European region.
The break-up of the profile of primary participants in the electric bus market:
- By Company Type: Electric Bus OEM - 80%, Tier 1 - 10%, Others - 10%
- By Designation: C Level - 70%, Director- level - 20%, Others - 10%
- By Region: North America- 15%, Europe - 30%, Asia Pacific - 55%
Prominent companies include BYD Company Ltd. (China), Yutong Co., Ltd. (China), VDL Groep (Netherlands), AB Volvo (Sweden) and CAF (Solaris Bus & Coach sp. z o.o.) (Spain) are the leading manufacturers of electric buses in the global market.
Research Coverage:
This research report categorizes the study segments of the electric bus market and forecasts the market size based on propulsion (BEVs, FCEVs), By Range (Up to 200 miles, Above 200 miles), by the length of the bus (less than 9 m, 9-14 m, more than 14m), the consumer (Private, Government), by application (city/ transit bus, coaches, midibus, school bus), by battery capacity (up to 400 kWh, Above 400 kWh), by component (motors, batteries, fuel cell stacks, battery management systems, battery cooling systems, DC-DC converters, inverters, AC/DC Chargers, EV Connectors), by level of autonomy (semi-autonomous, autonomous), By Power Output (up to 250 kW, Above 250 kW), by seating capacity (up to 40 seats, 40-70 seats, above 70 seats), and by region (Asia Pacific, North America, Middle East & Africa [MEA], Europe, and Latin America). This report covers the competitive analysis of upcoming startups/SMEs in the electric bus market ecosystem.
Reasons to buy this report:
The report will help the market leaders/new entrants with information on the closest approximations of the revenue numbers for the overall electric bus market and the subsegments. The report includes a comprehensive market share analysis, supply chain analysis, extensive lists and insights into component manufacturers, chapter segmentation based on materials, a thorough supply chain analysis, and a competitive landscape. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
- Analysis of key drivers (Rising GHG emissions, government incentives and policies, overall targets to reduce fleet-level emissions and increasing demand for emission-free vehicles), restraints (safety concerns in EV batteries and high development cost), opportunities (transition towards hydrogen fuel cell electric mobility), and challenges (high cost of developing charging infrastructure) are influencing the growth of the electric bus market.
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the electric bus market.
- Market Development: Comprehensive information about lucrative markets - the report analyses the electric bus market across varied regions.
- Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the electric bus market
- Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like BYD Company Ltd. (China), Yutong Co., Ltd. (China), VDL Groep (Netherlands), AB Volvo (Sweden) and CAF (Solaris Bus & Coach sp. z o.o.) (Spain) among others in the electric bus market.
The report also helps stakeholders understand the pulse of the electric bus market by providing them with information on key market drivers, restraints, challenges, and opportunities.
TABLE OF CONTENTS
1 INTRODUCTION
- 1.1 STUDY OBJECTIVES
- 1.2 MARKET DEFINITION
- 1.3 STUDY SCOPE
- 1.3.1 MARKET SEGMENTATION
- 1.3.2 INCLUSIONS & EXCLUSIONS
- 1.3.3 REGIONS COVERED
- 1.4 YEARS CONSIDERED
- 1.5 CURRENCY CONSIDERED
- 1.6 VOLUME UNIT CONSIDERED
- 1.7 STAKEHOLDERS
- 1.8 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
- 2.1 RESEARCH DATA
- 2.1.1 SECONDARY DATA
- 2.1.1.1 Key secondary sources
- 2.1.1.2 Key data from secondary sources
- 2.1.2 PRIMARY DATA
- 2.1.2.1 Sampling techniques and data collection methods
- 2.1.2.2 Primary participants
- 2.2 MARKET ESTIMATION METHODOLOGY
- 2.3 MARKET ESTIMATION
- 2.3.1 BOTTOM-UP APPROACH
- 2.3.2 TOP-DOWN APPROACH
- 2.4 DATA TRIANGULATION
- 2.5 FACTOR ANALYSIS
- 2.6 RESEARCH ASSUMPTIONS
- 2.6.1 MARKET ASSUMPTIONS & RISK ANALYSIS
- 2.7 RESEARCH LIMITATIONS
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
- 4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN ELECTRIC BUS MARKET
- 4.2 ELECTRIC BUS MARKET, BY CONSUMER
- 4.3 ELECTRIC BUS MARKET, BY PROPULSION
- 4.4 ELECTRIC BUS MARKET, BY RANGE
- 4.5 ELECTRIC BUS MARKET, BY LENGTH OF BUS
- 4.6 ELECTRIC BUS MARKET, BY APPLICATION
- 4.7 ELECTRIC BUS MARKET, BY POWER OUTPUT
- 4.8 ELECTRIC BUS MARKET, BY COMPONENT
- 4.9 ELECTRIC BUS MARKET, BY BATTERY CAPACITY
- 4.10 ELECTRIC BUS MARKET, BY BATTERY TYPE
- 4.11 ELECTRIC BUS MARKET, BY SEATING CAPACITY
- 4.12 ELECTRIC BUS MARKET, BY REGION
5 MARKET OVERVIEW
- 5.1 INTRODUCTION
- 5.2 MARKET DYNAMICS
- 5.2.1 DRIVERS
- 5.2.1.1 Rising GHG emissions
- 5.2.1.1.1 Government incentives and policies
- 5.2.1.1.2 Overall target to reduce fleet-level emissions
- 5.2.1.2 Increasing demand for emission-free vehicles
- 5.2.2 RESTRAINTS
- 5.2.2.1 Safety concerns in EV batteries and high development cost
- 5.2.3 OPPORTUNITIES
- 5.2.3.1 Transition toward Hydrogen Fuel Cell Electric Mobility
- 5.2.3.2 Emergence of charging services for electric buses
- 5.2.4 CHALLENGES
- 5.2.4.1 High cost of developing charging infrastructure
- 5.3 TRADE ANALYSIS
- 5.3.1 IMPORT SCENARIO
- 5.3.2 EXPORT SCENARIO
- 5.4 ECOSYSTEM ANALYSIS
- 5.5 VALUE CHAIN ANALYSIS
- 5.6 TOTAL COST OF OWNERSHIP: DIESEL BUSES VS. ELECTRIC BUSES OVER 10-YEAR SERVICE PERIOD
- 5.6.1 COST COMPARISON: ELECTRIC BUSES VS. ICE BUSES
- 5.7 PRICING ANALYSIS
- 5.7.1 AVERAGE SELLING PRICE TREND, BY APPLICATION
- 5.7.2 AVERAGE SELLING PRICE TREND, BY PROPULSION
- 5.7.3 AVERAGE SELLING PRICE TREND, BY REGION
- 5.8 PATENT ANALYSIS
- 5.9 REGULATORY LANDSCAPE
- 5.9.1 NORTH AMERICA
- 5.9.2 EUROPE
- 5.9.3 ASIA PACIFIC
- 5.9.4 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
- 5.10 CASE STUDY ANALYSIS
- 5.10.1 ABB TO ENERGIZE SINGAPORE'S AUTONOMOUS ELECTRIC BUS PROJECT
- 5.10.2 COMPLETE TRANSITION TO ELECTRIC BUSES IN SHENZHEN, CHINA
- 5.10.3 ZENOBE HELPED STAGECOACH INCORPORATE CHARGING INFRASTRUCTURE AND INSTALL CUSTOM MANAGEMENT SOFTWARE SYSTEM
- 5.10.4 COMPREHENSIVE ANALYSIS WAS CONDUCTED TO EVALUATE FINANCIAL FEASIBILITY OF DEPLOYING ELECTRIC BUS FLEETS THAT REDUCE EMISSIONS
- 5.10.5 ELECTRIC BUS DEPLOYMENT WITH INFRASTRUCTURAL CHANGES
- 5.10.6 HSL WAS AWARDED OPERATIONS BASED ON OPEN TENDERS UNDER CHARGING-AS-A-SERVING (CAAS) BUSINESS MODEL
- 5.10.7 AI-POWERED SOFTWARE WAS IMPLEMENTED TO HELP FLEET OPERATORS CHARGE ELECTRIC BUSES
- 5.10.8 HIGHLAND ELECTRIC FLEETS, IN PARTNERSHIP WITH NATIONAL GRID, PROVIDED ELECTRIC SCHOOL BUSES AND COORDINATED ITS PARTICIPATION IN V2G PROGRAM
- 5.10.9 VERMONT ELECTRIC SCHOOL AND TRANSIT BUS PILOT PROGRAM WAS IMPLEMENTED TO FACILITATE COST-EFFECTIVE ELECTRIFICATION
- 5.10.10 FLEET TEST & EVALUATION TEAM AT NREL SUPPORTED AVTA BY CONDUCTING ASSESSMENTS OF MEDIUM- AND HEAVY-DUTY ELECTRIC BUSES AND TROLLEYS
- 5.10.11 EVENERGI DEVELOPED FRAMEWORK TO DETERMINE OPTIMAL COMBINATION OF DEPOT LAYOUTS, CHARGER SPEEDS, AND CHARGER TYPES
- 5.11 TRENDS & DISRUPTIONS IMPACTING CUSTOMER BUSINESS
- 5.12 TECHNOLOGY ANALYSIS
- 5.12.1 FUTURE TECHNOLOGY OVERVIEW
- 5.12.2 TECHNOLOGY ROADMAP
- 5.12.3 KEY TECHNOLOGY
- 5.12.3.1 Autonomous buses
- 5.12.4 ADJACENT TECHNOLOGIES
- 5.12.4.1 Packaged fuel cell system module
- 5.12.4.2 Methane fuel cells
- 5.12.5 COMPLEMENTARY TECHNOLOGIES
- 5.12.5.1 Vehicle-to-grid (V2G) technology
- 5.12.5.2 Innovative charging solutions
- 5.12.5.3 Off-board top-down pantograph charging system
- 5.12.5.4 On-board bottom-up pantograph charging system
- 5.12.5.5 Ground-based static/dynamic charging system
- 5.13 BILL OF MATERIALS ANALYSIS
- 5.14 ELECTRIC BUS MARKET: PRODUCT LAUNCHES & ENHANCEMENTS, 2018-2023
- 5.15 OEM ANALYSIS
- 5.16 KEY CONFERENCES & EVENTS, 2025-2026
- 5.17 KEY STAKEHOLDERS & BUYING CRITERIA
- 5.17.1 KEY STAKEHOLDERS IN BUYING PROCESS
- 5.17.2 BUYING CRITERIA
- 5.18 SUPPLIER ANALYSIS
- 5.18.1 BATTERY CELL MANUFACTURERS
- 5.18.2 AXLE MANUFACTURE RS
- 5.18.3 HVAC SYSTEM MANUFACTURERS
- 5.18.4 MOTOR MANUFACTURERS
- 5.19 INVESTMENT & FUNDING SCENARIO
- 5.20 UPCOMING BATTERY TECHNOLOGIES
- 5.20.1 SOLID-STATE BATTERY TECHNOLOGY
- 5.20.2 SODIUM-ION BATTERY TECHNOLOGY
6 ELECTRIC BUS MARKET, BY LENGTH OF BUS
- 6.1 INTRODUCTION
- 6.2 LESS THAN 9 M
- 6.2.1 NEED FOR SHORT ELECTRIC BUSES OFFERING EASY MANEUVER ON COMPACT ROADS TO DRIVE MARKET
- 6.3 9-14 M
- 6.3.1 ELECTRIC BUSES WITH LENGTHS BETWEEN 9-14 METERS ARE WELL-SUITED FOR INTRACITY APPLICATIONS
- 6.4 MORE THAN 14 M
- 6.4.1 DEMAND FOR BUSES WITH LARGE PASSENGER-CARRYING CAPACITY TO DRIVE SEGMENT GROWTH
- 6.5 KEY INDUSTRY INSIGHTS
7 ELECTRIC BUS MARKET, BY LEVEL OF AUTONOMY
- 7.1 INTRODUCTION
- 7.2 SEMI-AUTONOMOUS
- 7.2.1 NEED FOR BUSES WITH ADVANCED SAFETY FEATURES TO DRIVE DEMAND FOR SEMI-AUTONOMOUS ELECTRIC BUSES
- 7.3 AUTONOMOUS
- 7.3.1 HIGH DEMAND FOR AUTONOMOUS ELECTRIC BUSES TO DRIVE MARKET DEMAND
- 7.4 KEY INDUSTRY INSIGHTS
8 ELECTRIC BUS MARKET, BY POWER OUTPUT
- 8.1 INTRODUCTION
- 8.2 UP TO 250 KW
- 8.2.1 INCREASE IN SHORT-DISTANCE COMMUTES TO DRIVE ADOPTION OF BUSES POWERING BATTERY CAPACITY OF UP TO 250 KW
- 8.3 ABOVE 250 KW
- 8.3.1 DEMAND FOR HIGH-PERFORMANCE ELECTRIC BUSES TO BOOST POPULARITY OF ELECTRIC BUSES WITH POWER OUTPUT ABOVE 250 KW
- 8.4 KEY PRIMARY INSIGHTS
9 ELECTRIC BUS MARKET, BY APPLICATION
- 9.1 INTRODUCTION
- 9.2 CITY/TRANSIT BUSES
- 9.2.1 NEED FOR IMPROVED AIR QUALITY IN CITIES TO DRIVE NEED FOR ELECTRIFIED CITY/TRANSIT BUSES
- 9.3 COACHES
- 9.3.1 ADVANCEMENTS IN LONG-DISTANCE COACHES TO DRIVE MARKET FOR BATTERY TECHNOLOGIES AND CHARGING SOLUTIONS
- 9.4 MIDIBUSES
- 9.4.1 INCREASE IN DEMAND FOR COMPACT AND EFFICIENT PUBLIC TRANSPORT BUSES TO BOOST MARKET
- 9.5 SCHOOL BUSES
- 9.5.1 INCREASING GOVERNMENT INITIATIVES TO SUPPORT GROWTH OF ELECTRIC SCHOOL BUSES MARKET
- 9.6 KEY INDUSTRY INSIGHTS
10 ELECTRIC BUS MARKET, BY BATTERY CAPACITY
- 10.1 INTRODUCTION
- 10.2 UP TO 400 KWH
- 10.2.1 DEMAND FOR ELECTRIC BUSES FOR SUBURBAN ROUTES TO DRIVE MARKET FOR BATTERIES WITH CAPACITY OF UP TO 400 KWH
- 10.3 ABOVE 400 KWH
- 10.3.1 NEED FOR POWERFUL ELECTRIC BUSES FOR LONG-DISTANCE COMMUTES TO DRIVE MARKET
- 10.4 KEY INDUSTRY INSIGHTS
11 ELECTRIC BUS MARKET, BY BATTERY TYPE
- 11.1 INTRODUCTION
- 11.2 NMC BATTERIES
- 11.2.1 INCREASED PREFERENCE FOR HIGH ENERGY DENSITY TO DRIVE ADOPTION OF NMC BATTERIES
- 11.3 LFP BATTERIES
- 11.3.1 DEMAND FOR BATTERIES AT LOW PRICE AND WITH GOOD THERMAL STABILITY TO BOOST ADOPTION OF LFP BATTERIES
- 11.4 NCA BATTERIES
- 11.4.1 HIGH ENERGY DENSITY AND LONG LIFE ASSOCIATED WITH NCA BATTERIES TO BOOST DEMAND
- 11.5 OTHER BATTERIES
- 11.6 KEY INDUSTRY INSIGHTS
12 ELECTRIC BUS MARKET, BY COMPONENT
- 12.1 INTRODUCTION
- 12.2 MOTORS
- 12.2.1 MOTORS OFFER HIGH EFFICIENCY TO ELECTRIC BUSES COMPARED TO TRADITIONAL COMBUSTION ENGINES
- 12.3 BATTERIES
- 12.3.1 NEED FOR ADVANCEMENTS IN BATTERY TECHNOLOGIES TO BOOST MARKET GROWTH
- 12.4 FUEL CELL STACKS
- 12.4.1 GROWING DEMAND FOR HYDROGEN FUEL CELL ELECTRIC BUSES TO BOOST NEED FOR FUEL CELL STACKS
- 12.5 BATTERY MANAGEMENT SYSTEMS
- 12.5.1 NEED FOR EFFICIENT BATTERY OPTIMIZATION IN ELECTRIC BUSES TO DRIVE ADOPTION OF BATTERY MANAGEMENT SYSTEMS
- 12.6 BATTERY COOLING SYSTEMS
- 12.6.1 NEED FOR LONG BATTERY LIFE IN ELECTRIC BUSES TO LEAD TO RISE IN ADOPTION OF BATTERY COOLING SYSTEMS
- 12.7 DC-DC CONVERTERS
- 12.7.1 GROWING SAFETY CONCERNS IN ELECTRIC BUSES TO DRIVE ADOPTION OF DC-DC CONVERTERS
- 12.8 INVERTERS
- 12.8.1 INVERTERS PROVIDE REGENERATIVE BRAKING TO INCREASE DRIVING RANGE OF VEHICLES
- 12.9 AC/DC CHARGERS
- 12.9.1 AC/DC CHARGERS REDUCE OVERALL LOAD ON GRID AND PROVIDE BACKUP SOURCE DURING POWER OUTAGE
- 12.10 EV CONNECTORS
- 12.10.1 HIGH DEMAND FOR ADVANCED CHARGING SYSTEMS TO DRIVE ADOPTION OF EV CONNECTORS
- 12.11 KEY INDUSTRY INSIGHTS
13 ELECTRIC BUS MARKET, BY CONSUMER
- 13.1 INTRODUCTION
- 13.2 PRIVATE
- 13.2.1 GOVERNMENT SUBSIDIES TO PROMOTE ADOPTION OF ELECTRIC BUSES
- 13.3 GOVERNMENT
- 13.3.1 USE OF ELECTRIC BUSES FOR PUBLIC TRANSPORTATION TO DRIVE MARKET GROWTH
- 13.4 KEY INDUSTRY INSIGHTS
14 ELECTRIC BUS MARKET, BY SEATING CAPACITY
- 14.1 INTRODUCTION
- 14.2 UP TO 40 SEATS
- 14.3 40-70 SEATS
- 14.4 ABOVE 70 SEATS
- 14.5 KEY INDUSTRY INSIGHTS
15 ELECTRIC BUS MARKET, BY PROPULSION
- 15.1 INTRODUCTION
- 15.2 BEVS
- 15.2.1 INCREASING DEMAND FOR ZERO-EMISSION VEHICLES TO BOOST NEED FOR BEVS
- 15.3 FCEVS
- 15.3.1 SUSTAINABLE PRODUCTION OF HYDROGEN TO SUPPORT DEVELOPMENT AND ADVANCEMENTS IN FCEVS
- 15.4 KEY INDUSTRY INSIGHTS
16 ELECTRIC BUS MARKET, BY RANGE
- 16.1 INTRODUCTION
- 16.2 UP TO 200 MILES
- 16.2.1 ELECTRIC BUSES OFFERING RANGE OF UP TO 200 MILES ARE EQUIPPED WITH LITHIUM-ION BATTERIES THAT CAN BE CHARGED OVERNIGHT
- 16.3 ABOVE 200 MILES
- 16.3.1 ADVANCEMENTS IN TECHNOLOGY TO DRIVE ADOPTION OF ELECTRIC BUSES OFFERING RANGE OF ABOVE 200 MILES
- 16.4 KEY PRIMARY INSIGHTS
17 ELECTRIC BUS MARKET, BY REGION
- 17.1 INTRODUCTION
- 17.2 ASIA PACIFIC
- 17.2.1 ASIA PACIFIC: RECESSION IMPACT
- 17.2.2 CHINA
- 17.2.2.1 Widespread adoption of electric buses in public transport and presence of leading OEMs to boost growth
- 17.2.3 JAPAN
- 17.2.3.1 Focus on developing advanced electric buses to drive market growth
- 17.2.4 INDIA
- 17.2.4.1 Government support for electrification of public transport to propel popularity of electric buses
- 17.2.5 SOUTH KOREA
- 17.2.5.1 Emphasis on electrification of public transport fleets to boost growth
- 17.2.6 SINGAPORE
- 17.2.6.1 Growing emphasis on promoting green public transport by 2040 to boost growth
- 17.2.7 INDONESIA
- 17.2.7.1 Government's commitment to improving air quality to spur demand for electric buses
- 17.2.8 HONG KONG
- 17.2.8.1 Country's focus on implementing initiatives to reduce GHG emissions to drive market
- 17.2.9 AUSTRALIA
- 17.2.9.1 Increasing awareness regarding climate change to drive growth
- 17.3 EUROPE
- 17.3.1 EUROPE: RECESSION IMPACT
- 17.3.2 FRANCE
- 17.3.2.1 Focus on cutting down emissions to promote use of electric buses
- 17.3.3 GERMANY
- 17.3.3.1 Increased government incentives and investments for infrastructure development to boost market
- 17.3.4 SPAIN
- 17.3.4.1 Government's focus on replacing existing public transport fleet with electric buses to boost growth
- 17.3.5 AUSTRIA
- 17.3.5.1 Rising concerns regarding emissions to encourage government to adopt electrification of public transport system
- 17.3.6 NORWAY
- 17.3.6.1 Rising government support and schemes for electric buses to increase demand
- 17.3.7 SWEDEN
- 17.3.7.1 Presence of market-leading OEMs to support growth of electric bus market
- 17.3.8 SWITZERLAND
- 17.3.8.1 Favorable government regulations to support growth of electric bus market
- 17.3.9 NETHERLANDS
- 17.3.9.1 Increased orders and deliveries of electric buses to boost demand
- 17.3.10 BELGIUM
- 17.3.10.1 Electric bus market growth to be helped by investments for electrification of public transport
- 17.3.11 UK
- 17.3.11.1 Stringent regulations for emission-free buses to boost popularity of electric buses
- 17.3.12 TURKEY
- 17.3.12.1 Continuous need for advancements in technology to drive growth
- 17.3.13 POLAND
- 17.3.13.1 Push toward sustainable public transportation to spur demand for electric buses
- 17.4 NORTH AMERICA
- 17.4.1 NORTH AMERICA: RECESSION IMPACT
- 17.4.2 US
- 17.4.2.1 Government programs to promote zero-emission vehicles to boost growth
- 17.4.3 CANADA
- 17.4.3.1 Government subsidies and presence of key players to boost adoption of electric school buses
- 17.5 LATIN AMERICA
- 17.5.1 LATIN AMERICA: RECESSION IMPACT
- 17.5.2 ARGENTINA
- 17.5.2.1 Demand for electrification of bus fleets to boost demand for advanced electric buses
- 17.5.3 BRAZIL
- 17.5.3.1 Growing environmental concerns to lead to pressing need for electric buses
- 17.5.4 CHILE
- 17.5.4.1 Government's focus on promoting emission-free public transport to encourage use of electric buses
- 17.5.5 MEXICO
- 17.5.5.1 Rapid strategies undertaken by government to indicate growth of electric bus market
- 17.5.6 COLOMBIA
- 17.5.6.1 Increasing government initiatives for electric bus purchases to drive market
- 17.6 MIDDLE EAST & AFRICA
- 17.6.1 MIDDLE EAST & AFRICA: RECESSION IMPACT
- 17.6.2 SOUTH AFRICA
- 17.6.2.1 Investments by leading OEMs in advanced technologies in automotive sector to drive market
- 17.6.3 UAE
- 17.6.3.1 Growing electrification trend in cities to boost demand for electric buses
- 17.6.4 QATAR
- 17.6.4.1 Net-zero aims to push incorporation of electric buses
18 COMPETITIVE LANDSCAPE
- 18.1 OVERVIEW
- 18.2 KEY PLAYER STRATEGIES/RIGHT TO WIN
- 18.3 MARKET SHARE ANALYSIS
- 18.4 REVENUE ANALYSIS
- 18.5 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
- 18.5.1 STARS
- 18.5.2 EMERGING LEADERS
- 18.5.3 PERVASIVE PLAYERS
- 18.5.4 PARTICIPANTS
- 18.5.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023
- 18.6 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023
- 18.6.1 PROGRESSIVE COMPANIES
- 18.6.2 RESPONSIVE COMPANIES
- 18.6.3 DYNAMIC COMPANIES
- 18.6.4 STARTING BLOCKS
- 18.6.5 COMPETITIVE BENCHMARKING
- 18.7 COMPANY VALUATION
- 18.8 FINANCIAL METRICS
- 18.9 BRAND/PRODUCT COMPARISON
- 18.10 COMPETITIVE SCENARIO
- 18.10.1 PRODUCT LAUNCHES & ENHANCEMENTS
- 18.10.2 DEALS
- 18.10.3 OTHERS
19 COMPANY PROFILES
- 19.1 KEY PLAYERS
- 19.1.1 BYD COMPANY LTD.
- 19.1.1.1 Business overview
- 19.1.1.2 Products/Solutions offered
- 19.1.1.3 Recent developments
- 19.1.1.4 MnM view
- 19.1.1.4.1 Right to win
- 19.1.1.4.2 Strategic choices
- 19.1.1.4.3 Weaknesses & competitive threats
- 19.1.2 YUTONG BUS CO., LTD.
- 19.1.2.1 Business overview
- 19.1.2.2 Products/Solutions offered
- 19.1.2.3 Recent developments
- 19.1.2.4 MnM view
- 19.1.2.4.1 Right to win
- 19.1.2.4.2 Strategic choices
- 19.1.2.4.3 Weaknesses & competitive threats
- 19.1.3 VDL GROEP
- 19.1.3.1 Business overview
- 19.1.3.2 Products/Solutions offered
- 19.1.3.3 Recent developments
- 19.1.3.4 MnM view
- 19.1.3.4.1 Right to win
- 19.1.3.4.2 Strategic choices
- 19.1.3.4.3 Weaknesses & competitive threats
- 19.1.4 AB VOLVO
- 19.1.4.1 Business overview
- 19.1.4.2 Products/Solutions offered
- 19.1.4.3 Recent developments
- 19.1.4.4 MnM view
- 19.1.4.4.1 Right to win
- 19.1.4.4.2 Strategic choices
- 19.1.4.4.3 Weaknesses & competitive threats
- 19.1.5 CAF (SOLARIS BUS & COACH SP. Z O.O.)
- 19.1.5.1 Business overview
- 19.1.5.2 Products/Solutions offered
- 19.1.5.3 Recent developments
- 19.1.5.4 MnM view
- 19.1.5.4.1 Right to win
- 19.1.5.4.2 Strategic choices
- 19.1.5.4.3 Weaknesses & competitive threats
- 19.1.6 ZHONGTONG BUS HOLDING CO., LTD.
- 19.1.6.1 Business overview
- 19.1.6.2 Products/Solutions offered
- 19.1.6.3 Recent developments
- 19.1.7 CRRC CORPORATION LIMITED
- 19.1.7.1 Business overview
- 19.1.7.2 Products/Solutions offered
- 19.1.7.3 Recent developments
- 19.1.8 DAIMLER TRUCK AG
- 19.1.8.1 Business overview
- 19.1.8.2 Products/Solutions offered
- 19.1.8.3 Recent developments
- 19.1.9 NFI GROUP
- 19.1.9.1 Business overview
- 19.1.9.2 Products/Solutions offered
- 19.1.9.3 Recent developments
- 19.1.10 EBUSCO
- 19.1.10.1 Business overview
- 19.1.10.2 Products/Solutions offered
- 19.1.10.3 Recent developments
- 19.1.11 XIAMEN KING LONG INTERNATIONAL TRADING CO., LTD.
- 19.1.11.1 Business overview
- 19.1.11.2 Products/Solutions offered
- 19.1.11.3 Recent developments
- 19.2 OTHER PLAYERS
- 19.2.1 BLUE BIRD CORPORATION
- 19.2.2 GILLIG LLC
- 19.2.3 THE LION ELECTRIC COMPANY
- 19.2.4 TATA MOTORS
- 19.2.5 ASHOK LEYLAND
- 19.2.6 CHANGSHA SUNDA NEW ENERGY TECHNOLOGY CO., LTD.
- 19.2.7 GREE ALTAIRNANO NEW ENERGY INC.
- 19.2.8 GOLDEN DRAGON
- 19.2.9 JBM GROUP
- 19.2.10 SCANIA
- 19.2.11 IRIZAR GROUP
- 19.2.12 IVECO S.P.A
- 19.2.13 BLUEBUS
- 19.2.14 BOZANKAYA
- 19.2.15 CAETANOBUS
- 19.2.16 CHARIOT MOTORS
- 19.2.17 HEULIEZ BUS
- 19.2.18 OTOKAR OTOMOTIV VE SAVUNMA SANAYI A.S.
- 19.2.19 TEMSA
- 19.2.20 URSUS S.A.
- 19.2.21 VAN HOOL
- 19.2.22 KARSAN
- 19.2.23 MELLOR
- 19.2.24 HINO MOTORS, LTD.
- 19.2.25 ANHUI ANKAI AUTOMOBILE CO., LTD.
- 19.2.26 OLECTRA GREENTECH LIMITED
20 RECOMMENDATIONS BY MARKETSANDMARKETS
- 20.1 ASIA PACIFIC TO BE MAJOR ELECTRIC BUS MARKET
- 20.2 BATTERY ELECTRIC BUSES TO BE KEY FOCUS AREA FOR MANUFACTURERS
- 20.3 CONCLUSION
21 APPENDIX
- 21.1 KEY INDUSTRY INSIGHTS
- 21.2 DISCUSSION GUIDE
- 21.3 KNOWLEDGESTORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
- 21.4 CUSTOMIZATION OPTIONS
- 21.5 RELATED REPORTS
- 21.6 AUTHOR DETAILS
