Global Battery-only Electric Bus Market Growth 2023-2029
An electric bus is a bus that is powered by electricity. Electric buses can store the electricity on board, or can be fed continuously from an external source. The majority of buses storing electricity are battery electric buses, in which the electric motor obtains energy from an on-board battery, although examples of other storage modes do exist, such as the gyrobus which uses flywheel energy storage. When electricity is not stored on board, it is supplied by contact with outside power sources.
LPI (LP Information)' newest research report, the “Battery-only Electric Bus Industry Forecast” looks at past sales and reviews total world Battery-only Electric Bus sales in 2022, providing a comprehensive analysis by region and market sector of projected Battery-only Electric Bus sales for 2023 through 2029. With Battery-only Electric Bus sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Battery-only Electric Bus industry.
This Insight Report provides a comprehensive analysis of the global Battery-only Electric Bus landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Battery-only Electric Bus portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Battery-only Electric Bus market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Battery-only Electric Bus and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Battery-only Electric Bus.
The global Battery-only Electric Bus market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
United States market for Battery-only Electric Bus is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
China market for Battery-only Electric Bus is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Europe market for Battery-only Electric Bus is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Global key Battery-only Electric Bus players cover Yutong, King Long, Zhong Tong, BYD, DFAC, CRRC, Foton, ANKAI and Guangtong, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.
This report presents a comprehensive overview, market shares, and growth opportunities of Battery-only Electric Bus market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
10-30 Seats
More Than 30 Seats
Segmentation by application
City Bus
Inter-city Bus
Private Bus
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Yutong
King Long
Zhong Tong
BYD
DFAC
CRRC
Foton
ANKAI
Guangtong
Volvo
New Flyer
Daimler
Gillig
Key Questions Addressed in this Report
What is the 10-year outlook for the global Battery-only Electric Bus market?
What factors are driving Battery-only Electric Bus market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Battery-only Electric Bus market opportunities vary by end market size?
How does Battery-only Electric Bus break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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