Biocontrol Market Forecasts to 2028 – Global Analysis By Crop Type (Oilseeds & Pulses, Cereal & Grains, Fruits & Vegetables, Other Crop Types), Type (Sweet Semiochemicals, Biopesticides, Other Types) and Active Substance(Entomopathogenic Nematodes, Bacter

Biocontrol Market Forecasts to 2028 – Global Analysis By Crop Type (Oilseeds & Pulses, Cereal & Grains, Fruits & Vegetables, Other Crop Types), Type (Sweet Semiochemicals, Biopesticides, Other Types) and Active Substance(Entomopathogenic Nematodes, Bacteria, Protozoa, Fungi, Virus, Microbials, Yeasts, Other Active Substances) and others

According to Stratistics MRC, the Global Electric Bus Charging Infrastructure Market is accounted for $198.9 billion in 2022 and is expected to reach $547.98 billion by 2028 growing at a CAGR of 18.4% during the forecast period. A special type of infrastructure created for the purpose of charging electric buses is known as an electric bus charging infrastructure. The power supply can be onboard batteries, a hydrogen fuel cell, above wires, like in a trolleybus application, or ground-based non-contact conductors.

According to American Public Transport Association (APTA), the share of electric buses in public transportation has soared from 7% in 2010 to 18.8% in 2020. Transit buses continue to add amenities and technology, on account of which the electric outlets for charging buses increased from 2% in 2010 to 11% in 2020. According to forecasts by Bloomberg New Energy Finance, by 2030, ~28% of car sales are likely to be electric vehicles, while 84% of new buses will be electric buses.

Market Dynamics:

Driver:

Growing Number of Electric Buses and E-mobility Services

Massive development prospects are being created for market participants by the exploding demand for electric bus charging stations in private areas. As part of their employee wellness initiatives, several large multinational firms are also offering charging stations, creating lucrative growth potential for charging station installers and manufacturers.

Restraint:

High Cost of Operations and Grid Infrastructure

One of the main obstacles to the development of the electric bus charging station market is the high cost of installation and the equipment itself, as well as the lack of uniformity in the infrastructure for electric bus charging. There isn't currently a universally accepted standard for electric bus charging stations. The criteria for these stations differs not just between countries but also between cities, making their mass implementation challenging.

Opportunity:

Governmental Efforts

Many governments have incentive programmes in place to encourage the construction of the infrastructure needed to charge electric buses, including grants, tax incentives, and subsidies. A number of significant factors, most notably expanding government funding programmes and increased government objectives for the electrification of mass transit buses, have boosted the market for electric bus charging stations. E-mobility is now considered to be the finest technology currently available for reducing emissions from transportation. Electric buses are taking the place of traditional diesel-fueled buses more swiftly than battery-powered cars.

Threat:

Lack of Standardization

A uniform technical standard is necessary so that creators of accusation infrastructure and original equipment manufacturers (OEMs) can support a specific voltage rating/plug design specification. The absence of such standards is not due to a lack of technological certainty; rather, it is a result of international standard-setting bodies' sluggish adoption of new technology into their regulatory frameworks.

Covid-19 Impact

Numerous factors are affecting the global market for electric bus charging infrastructure during the corona virus outbreak. Like most others, this industry has seen a severe decline as a result of the pandemic. Supply chain issues and falling demand for EV batteries and the absence of the most important components needed to make batteries are having a substantial negative impact on the market. However, the main players in the sector have started research and development to increase market growth by adopting cutting-edge technologies like 5G when supply chain restrictions are eased due to fewer corona virus infections. Due to lockdowns, travel restrictions, and business closures, the COVID-19 has had an impact on the businesses and industries of numerous nations. The closing of numerous plants and factories has had a detrimental influence on the production, delivery schedules, and sales of goods on the international market. Only a few businesses have already warned of potential delivery delays and eventual sales declines.

The 50 kW segment is expected to be the largest during the forecast period

The 50 kW segment is estimated to have a lucrative growth, due to the key factor behind the dominance of this category is the lower cost of deploying these charging stations than others. In addition to this, a majority of the electric bus fleet operators, use depot charging stations, which generally have a power output of less than 50 kW.

The Bus Depot segment is expected to have the highest CAGR during the forecast period

The Bus Depot segment is anticipated to witness the fastest CAGR growth during the forecast period, due to the depot chargers are necessary for bus fleets that are stationed at depots. With growing public investment in infrastructure of transportation sector by various governments across countries, the market for depot is anticipated to grow in coming years.

Region with highest share:

Asia Pacific is projected to hold the largest market share during the forecast period owing to the implementation of favourable government initiatives regarding the adoption of electric mobility, which is resulting in the surging deployment of electric buses in the region. The governments of these growing economies have recognized the global electric bus charging station market's growth potential and, as a result, have implemented a variety of efforts to recruit major OEMs for the construction of electric vehicle charging stations in their local markets.

Region with highest CAGR:

North America is projected to have the highest CAGR over the forecast period, owing to gained popularity as a result of backing from the government and the demand for emission-free public transportation. Continuous advancements in battery technology and the introduction of a cutting-edge electric bus will bode well for the future of business. Additionally, factors including expanded R&D in V2G technology, rising electric mobility acceptability in developing countries, and greater deployment of charging stations offer significant development prospects for market participants operating in the North American area.

Key players in the market

Some of the key players profiled in the Electric Bus Charging Infrastructure Market include Siemens, Heliox, ABB, IES Synergy, IPT Technology, ALSTOM, Furrer Frey, Momentum Dynamics, General Electric Company, Eaton Corporation, Schneider Electric, Proterra, AeroVironment Inc., ChargePoint, Valmont Structures, ClipperCreek, Inc., Leviton Manufacturing Co., Inc., Causis E-Mobility and ABC Companies.

Key Developments:

In September 2022, ABB E-mobility made the announcement that it would begin manufacturing in Columbia, South Carolina. Over 100 new jobs will be created and the production of electric vehicle chargers, including those that comply with the Buy America Act, will rise as a result of the multimillion-dollar investment. The new facility will be able to produce up to 10,000 chargers per year, ranging in power from 20 kW to 180 kW. These chargers are ideal for fleets, school buses, and public charging.

In August 2022, Siemens and MAHLE Group announced their intention to work together on wireless charging systems for electric vehicles.Complete infrastructure and automotive engineering systems will be developed and tested jointly in the future by both businesses.Promoting technological standards for inductive charging technology will be one of the areas of focus.Coordinated standardization efforts in the relevant pre-standardization and standardization bodies are one aspect of the planned cooperation.

In February 2022, Causis E-Mobility, which is sponsored by a UK fund, intends to build factories for electric 2-wheelers, 3-wheelers, and buses. The company's goal is to enter the whole value chain of electric vehicles, beginning with the establishment of an 8-gigatonne-hour lithium-ion cell factory, four manufacturing factories, and charging stations that will employ renewable energy sources.

In February 2022, ABC Companies, a North American motorcoach seller, reported the completion of a 1,700-mile voyage through the Pacific Northwest in an all-electric Van Hool CX45E bus. The Proterra Powered electric bus drove from Newark to Seattle and back, using only public charging stations.

In June 2021, ChargePoint Inc., the U.S. base electric vehicle infrastructure company, launched the comprehensive EV charging solution range available for fleets of all types and sizes. The launch of ChargePoint's AC/DC quick charging solutions, along with fleet management software, is aimed at harmonizing charging costs with operational readiness for light and heavy-duty vehicles throughout at-home, depot, and on-route, charging.

Charging Types Covered:
• Overhead Charging
• Plug-in Charging
• Other Charging Types

Types Covered:
• Wireless Charging
• Wired Charging
• Other Types

Powers Covered:
• 50 kW
• 50-150 kW
• 151-450 kW
• 450 kW
• Other Powers

Connectors Covered:
• Combined Charging System (CCS)
• CHArge de Move (CHAdeMO)
• Other Connectors

Applications Covered:
• Bus Depot
• Bus Stop
• Other Applications

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements