Global Electric Bus Market 2024-2028

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $2,500	166 Pages	TechNavio	January, 2024	INF18475393

Best Price Guarantee
Price	from $2,500
Length	166 Pages
Publisher	TechNavio
Published Date	January, 2024
SKU	INF18475393

Electric Bus Market 2024-2028

The electric bus market is forecasted to grow by USD 21.00 bn during 2023-2028, accelerating at a CAGR of 16.3% 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.

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 a reduction in battery prices of electric buses, technological improvements to reduce downtime, and government initiatives promoting electric buses.

Technavio's electric bus market is segmented as below:

By Application
Intercity
Intra city
By Type
Pure electric bus
Plug-in hybrid bus
By Geography
APAC
Europe
North America
Middle East and Africa
South America

This study identifies the increasing popularity of wireless charging systems as one of the prime reasons driving the electric bus market growth during the next few years. Also, technological advancements in electric buses and rising trend of retrofitted electric bus will lead to sizable demand in the market.

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 robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading electric bus market vendors that include 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 Industries srl. Also, the electric bus market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

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 an analysis of the key vendors.

The publisher 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 research - both primary and secondary. 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 the accurate market growth.

Executive Summary
- Market overview
  - Table Executive Summary – Chart on Market Overview
  - Table Executive Summary – Data Table on Market Overview
  - Table Executive Summary – Chart on Global Market Characteristics
  - Table Executive Summary – Chart on Market by Geography
  - Table Executive Summary – Chart on Market Segmentation by Application
  - Table Executive Summary – Chart on Market Segmentation by Type
  - Table Executive Summary – Chart on Incremental Growth
  - Table Executive Summary – Data Table on Incremental Growth
  - Table Executive Summary – Chart on Vendor Market Positioning
Market Landscape
- Market ecosystem
  - Table Parent market
  - Table Market Characteristics
Market Sizing
- Market definition
  - Table Offerings of vendors included in the market definition
- Market segment analysis
  - Table Market segments
- Market size 2023
- Market outlook: Forecast for 2023-2028
  - Table Chart on Global - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Global - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Global Market: Year-over-year growth 2023-2028 (%)
  - Table Data Table on Global Market: Year-over-year growth 2023-2028 (%)
Historic Market Size
- Global electric bus market 2018 - 2022
  - Table Historic Market Size – Data Table on global electric bus market 2018 - 2022 ($ million)
- Application Segment Analysis 2018 - 2022
  - Table Historic Market Size – Application Segment 2018 - 2022 ($ million)
- Type Segment Analysis 2018 - 2022
  - Table Historic Market Size – Type Segment 2018 - 2022 ($ million)
- Geography Segment Analysis 2018 - 2022
  - Table Historic Market Size – Geography Segment 2018 - 2022 ($ million)
- Country Segment Analysis 2018 - 2022
  - Table Historic Market Size – Country Segment 2018 - 2022 ($ million)
Five Forces Analysis
- Five forces summary
  - Table Five forces analysis - Comparison between 2023 and 2028
- Bargaining power of buyers
  - Table Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
- Bargaining power of suppliers
  - Table Bargaining power of suppliers – Impact of key factors in 2023 and 2028
- Threat of new entrants
  - Table Threat of new entrants – Impact of key factors in 2023 and 2028
- Threat of substitutes
  - Table Threat of substitutes – Impact of key factors in 2023 and 2028
- Threat of rivalry
  - Table Threat of rivalry – Impact of key factors in 2023 and 2028
- Market condition
  - Table Chart on Market condition - Five forces 2023 and 2028
Market Segmentation by Application
- Market segments
  - Table Chart on Application - Market share 2023-2028 (%)
  - Table Data Table on Application - Market share 2023-2028 (%)
- Comparison by Application
  - Table Chart on Comparison by Application
  - Table Data Table on Comparison by Application
- Intercity - Market size and forecast 2023-2028
  - Table Chart on Intercity - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Intercity - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Intercity - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Intercity - Year-over-year growth 2023-2028 (%)
- Intra city - Market size and forecast 2023-2028
  - Table Chart on Intra city - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Intra city - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Intra city - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Intra city - Year-over-year growth 2023-2028 (%)
- Market opportunity by Application
  - Table Market opportunity by Application ($ million)
  - Table Data Table on Market opportunity by Application ($ million)
Market Segmentation by Type
- Market segments
  - Table Chart on Type - Market share 2023-2028 (%)
  - Table Data Table on Type - Market share 2023-2028 (%)
- Comparison by Type
  - Table Chart on Comparison by Type
  - Table Data Table on Comparison by Type
- Pure electric bus - Market size and forecast 2023-2028
  - Table Chart on Pure electric bus - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Pure electric bus - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Pure electric bus - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Pure electric bus - Year-over-year growth 2023-2028 (%)
- Plug-in hybrid bus - Market size and forecast 2023-2028
  - Table Chart on Plug-in hybrid bus - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Plug-in hybrid bus - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Plug-in hybrid bus - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Plug-in hybrid bus - Year-over-year growth 2023-2028 (%)
- Market opportunity by Type
  - Table Market opportunity by Type ($ million)
  - Table Data Table on Market opportunity by Type ($ million)
Customer Landscape
- Customer landscape overview
  - Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Geographic Landscape
- Geographic segmentation
  - Table Chart on Market share by geography 2023-2028 (%)
  - Table Data Table on Market share by geography 2023-2028 (%)
- Geographic comparison
  - Table Chart on Geographic comparison
  - Table Data Table on Geographic comparison
- APAC - Market size and forecast 2023-2028
  - Table Chart on APAC - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on APAC - Market size and forecast 2023-2028 ($ million)
  - Table Chart on APAC - Year-over-year growth 2023-2028 (%)
  - Table Data Table on APAC - Year-over-year growth 2023-2028 (%)
- Europe - Market size and forecast 2023-2028
  - Table Chart on Europe - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Europe - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Europe - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Europe - Year-over-year growth 2023-2028 (%)
- North America - Market size and forecast 2023-2028
  - Table Chart on North America - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on North America - Market size and forecast 2023-2028 ($ million)
  - Table Chart on North America - Year-over-year growth 2023-2028 (%)
  - Table Data Table on North America - Year-over-year growth 2023-2028 (%)
- Middle East and Africa - Market size and forecast 2023- 2028
  - Table Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- South America - Market size and forecast 2023-2028
  - Table Chart on South America - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on South America - Market size and forecast 2023-2028 ($ million)
  - Table Chart on South America - Year-over-year growth 2023-2028 (%)
  - Table Data Table on South America - Year-over-year growth 2023-2028 (%)
- China - Market size and forecast 2023-2028
  - Table Chart on China - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on China - Market size and forecast 2023-2028 ($ million)
  - Table Chart on China - Year-over-year growth 2023-2028 (%)
  - Table Data Table on China - Year-over-year growth 2023-2028 (%)
- India - Market size and forecast 2023-2028
  - Table Chart on India - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on India - Market size and forecast 2023-2028 ($ million)
  - Table Chart on India - Year-over-year growth 2023-2028 (%)
  - Table Data Table on India - Year-over-year growth 2023-2028 (%)
- US - Market size and forecast 2023-2028
  - Table Chart on US - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on US - Market size and forecast 2023-2028 ($ million)
  - Table Chart on US - Year-over-year growth 2023-2028 (%)
  - Table Data Table on US - Year-over-year growth 2023-2028 (%)
- UK - Market size and forecast 2023-2028
  - Table Chart on UK - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on UK - Market size and forecast 2023-2028 ($ million)
  - Table Chart on UK - Year-over-year growth 2023-2028 (%)
  - Table Data Table on UK - Year-over-year growth 2023-2028 (%)
- Germany - Market size and forecast 2023-2028
  - Table Chart on Germany - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Germany - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Germany - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Germany - Year-over-year growth 2023-2028 (%)
- Market opportunity by geography
  - Table Market opportunity by geography ($ million)
  - Table Data Tables on Market opportunity by geography ($ million)
Drivers, Challenges, and Trends
- Market drivers
  - Reduction in battery prices of electric buses
  - Technological improvements to reduce downtime
  - Government initiatives promoting electric buses
- Market challenges
  - Declining number of public transport users
  - Lack of adequate charging infrastructure
  - Increased traveling range of electric buses
- Impact of drivers and challenges
  - Table Impact of drivers and challenges in 2023 and 2028
- Market trends
  - Increasing popularity of wireless charging systems
  - Technological advancements in electric buses
  - Rising trend of retrofitted electric bus
Vendor Landscape
- Overview
- Vendor landscape
  - Table Overview on Criticality of inputs and Factors of differentiation
- Landscape disruption
  - Table Overview on factors of disruption
- Industry risks
  - Table Impact of key risks on business
Vendor Analysis
- Vendors covered
  - Table Vendors covered
- Market positioning of vendors
  - Table Matrix on vendor position and classification
- AB Volvo
  - Table AB Volvo - Overview
  - Table AB Volvo - Business segments
  - Table AB Volvo - Key news
  - Table AB Volvo - Key offerings
  - Table AB Volvo - Segment focus
- BKM.BY
  - Table BKM.BY - Overview
  - Table BKM.BY - Product / Service
  - Table BKM.BY - Key offerings
- Bollore SE
  - Table Bollore SE - Overview
  - Table Bollore SE - Business segments
  - Table Bollore SE - Key offerings
  - Table Bollore SE - Segment focus
- BYD Co. Ltd.
  - Table BYD Co. Ltd. - Overview
  - Table BYD Co. Ltd. - Business segments
  - Table BYD Co. Ltd. - Key news
  - Table BYD Co. Ltd. - Key offerings
  - Table BYD Co. Ltd. - Segment focus
- CNH Industrial NV
  - Table CNH Industrial NV - Overview
  - Table CNH Industrial NV - Business segments
  - Table CNH Industrial NV - Key news
  - Table CNH Industrial NV - Key offerings
  - Table CNH Industrial NV - Segment focus
- Complete Coach Works
  - Table Complete Coach Works - Overview
  - Table Complete Coach Works - Product / Service
  - Table Complete Coach Works - Key offerings
- Eletra
  - Table Eletra - Overview
  - Table Eletra - Product / Service
  - Table Eletra - Key offerings
- GreenPower Motor Co. Inc.
  - Table GreenPower Motor Co. Inc. - Overview
  - Table GreenPower Motor Co. Inc. - Product / Service
  - Table GreenPower Motor Co. Inc. - Key offerings
- Hyundai Motor Co.
  - Table Hyundai Motor Co. - Overview
  - Table Hyundai Motor Co. - Business segments
  - Table Hyundai Motor Co. - Key news
  - Table Hyundai Motor Co. - Key offerings
  - Table Hyundai Motor Co. - Segment focus
- Jiangsu Alfa Bus Co. Ltd.
  - Table Jiangsu Alfa Bus Co. Ltd. - Overview
  - Table Jiangsu Alfa Bus Co. Ltd. - Product / Service
  - Table Jiangsu Alfa Bus Co. Ltd. - Key offerings
- Mercedes Benz Group AG
  - Table Mercedes Benz Group AG - Overview
  - Table Mercedes Benz Group AG - Business segments
  - Table Mercedes Benz Group AG - Key offerings
  - Table Mercedes Benz Group AG - Segment focus
- NFI Group Inc.
  - Table NFI Group Inc. - Overview
  - Table NFI Group Inc. - Business segments
  - Table NFI Group Inc. - Key offerings
  - Table NFI Group Inc. - Segment focus
- Proterra Inc.
  - Table Proterra Inc. - Overview
  - Table Proterra Inc. - Product / Service
  - Table Proterra Inc. - Key news
  - Table Proterra Inc. - Key offerings
- Tata Motors Ltd.
  - Table Tata Motors Ltd. - Overview
  - Table Tata Motors Ltd. - Business segments
  - Table Tata Motors Ltd. - Key news
  - Table Tata Motors Ltd. - Key offerings
  - Table Tata Motors Ltd. - Segment focus
- Tecnobus Industries srl
  - Table Tecnobus Industries srl - Overview
  - Table Tecnobus Industries srl - Product / Service
  - Table Tecnobus Industries srl - Key offerings
Appendix
- Scope of the report
  - Market definition
  - Objectives
  - Notes and caveats
- Inclusions and exclusions checklist
  - Table Inclusions checklist
  - Table Exclusions checklist
- Currency conversion rates for US$
  - Table Currency conversion rates for US$
- Research methodology
  - Table Research methodology
  - Table Validation techniques employed for market sizing
  - Table Information sources
- List of abbreviations
  - Table List of abbreviations