Battery Electric Bus Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: Battery Electric Bus Market covers analysis By Consumer segment (Fleet Operator, Government); Application (Intercity, Intracity); Length of bus type (Less than9m, 914 m, Above 14m); Battery capacity (Upto 400 kWh, Above 400 kWh); Power output (Upto 250 kW, Above 250 kW) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00022720
  • Category : Automotive and Transportation
  • No. of Pages : 150

Battery Electric Bus Market Scope and Size by 2031

Buy Now

MARKET OVERVIEW
A battery electric bus, often known as an e-bus, is a vehicle that runs entirely on electricity rather than a standard internal combustion engine. An on-board electric motor powers the E-bus, which is powered by on-board batteries or a set of batteries. Electric buses are considered environmentally friendly because they emit no emissions and are also cost effective when compared to typical gasoline/diesel buses..

MARKET SCOPE
The "Global Battery electric bus Market Analysis to 2031" is a specialized and in-depth study of the automotive and transportation industry with a special focus on the global market trend analysis. The report aims to provide an overview of the battery electric bus market with detailed market segmentation by consumer segment, application, length of bus type, capacity, power output, and geography. The report provides key statistics on the market status of the leading battery electric bus market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

  • Based on consumer segment, the global battery electric bus market is segmented into fleet operator and government.
  • On the basis of application, the market is segmented into intercity and intracity.
  • Based on length of bus type, the market is bifurcated into less than 9m, 9-14m, above 14m.
  • Based on battery capacity, the market is bifurcated into upto 400 kWH and above 400 kWH.
  • Based on power output, the market is bifurcated into upto 250 KW and above 250 KW.

MARKET DYNAMICS
Drivers

  • Various governments throughout the world have launched attempts to deploy electric buses to make their metropolitan public transportation systems more sustainable and fuel efficient.
  • Electric buses will revolutionise public transportation in the future years by improving air quality, reducing noise, and increasing fuel efficiency.
  • Manufacturers have been pushed to use electric technology since emission regulations in some nations have become more stringent.

Restraints

  • The high expense of developing electric buses and coaches, as well as associated components like batteries and monitoring systems.
  • Infrastructure development costs for EVs are also very costly.

REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The battery electric bus market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the battery electric bus market in these regions.

IMPACT OF COVID-19 ON BATTERY ELECTRIC BUS MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.

Battery Electric Bus Market Report Analysis

Battery Electric Bus Market
  • CAGR
    CAGR (2023 - 2031)
    XX%
  • Market Size 2023
    US$ XX Million
  • Market Size 2031
    US$ XX Million

Report Coverage

  • Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
  • Key future trends
  • Detailed PEST/Porter’s Five Forces and SWOT analysis
  • Industry landscape and competition analysis & recent developments
  • Detailed company profiles
  • Global and regional market analysis covering key market trends, major players, regulations, and recent market developments

Key Players

  • AB Volvo
  • BYD Company Limited
  • Ankai
  • Construcciones y Auxiliar de Ferrocarriles S A
  • Daimler AG
  • Ebusco B V
  • King Long United Automotive Industry Co Ltd
  • Scania
  • VDL Company

Regional Overview

Regional Overview
  • North America
  • Europe
  • Asia-Pacific
  • South and Central America
  • Middle East and Africa

Market Segmentation

Market Segment By Consumer segment
  • Fleet Operator
  • Government
Market Segment By Application
  • Intercity
  • Intracity
Market Segment By Length of bus type
  • Less than9m
  • 914 m
  • Above 14m
Market Segment By Battery capacity
  • Upto 400 kWh
  • Above 400 kWh
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
MARKET PLAYERS

The report covers key developments in the battery electric bus market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from battery electric bus market are anticipated to lucrative growth opportunities in the future with the rising demand for battery electric bus in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the battery electric bus market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

  • AB Volvo
  • BYD Company Limited
  • Ankai
  • Construcciones y Auxiliar de Ferrocarriles, S.A.
  • Daimler AG
  • Ebusco B.V.
  • King Long United Automotive Industry Co., Ltd
  • Scania
  • VDL Company
  • Zhengzhou Yutong Bus Co., Ltd. 

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Battery Electric Bus Market Report Scope

Report Attribute Details
Market size in 2023 US$ XX Million
Market Size by 2031 US$ XX Million
Global CAGR (2023 - 2031) XX%
Historical Data 2021-2022
Forecast period 2024-2031
Segments Covered By Consumer segment
  • Fleet Operator
  • Government
By Application
  • Intercity
  • Intracity
By Length of bus type
  • Less than9m
  • 914 m
  • Above 14m
By Battery capacity
  • Upto 400 kWh
  • Above 400 kWh
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • AB Volvo
  • BYD Company Limited
  • Ankai
  • Construcciones y Auxiliar de Ferrocarriles S A
  • Daimler AG
  • Ebusco B V
  • King Long United Automotive Industry Co Ltd
  • Scania
  • VDL Company
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Report Coverage

Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered

Segment Covered

This text is related
to segments covered.

Regional Scope

Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope

Country Scope

This text is related
to country scope.

The List of Companies

1. AB Volvo
2. BYD Company Limited
3. Ankai
4. Construcciones y Auxiliar de Ferrocarriles, S.A.
5. Daimler AG
6. Ebusco B.V.
7. King Long United Automotive Industry Co., Ltd
8. Scania
9. VDL Company
10. Zhengzhou Yutong Bus Co., Ltd.

Trends and growth analysis reports related to Automotive and Transportation : READ MORE..