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Market Research Report

Global Electric Bus Market Size study with COVID-19 impact, by Vehicle Type (Battery Electric Bus, Plug-in Hybrid Electric Bus, Fuel Cell Electric Bus), by Application and Regional Forecasts 2020-2026

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Global Electric Bus Market Size study with COVID-19 impact, by Vehicle Type (Battery Electric Bus, Plug-in Hybrid Electric Bus, Fuel Cell Electric Bus), by Application and Regional Forecasts 2020-2026
Published: May 18, 2020 Content info:
Description

Global Electric Bus Market is valued approximately at USD XXX billion in 2019 and is anticipated to grow with a healthy growth rate of more than XXX% over the forecast period 2020-2026. An electric bus is a type of bus which is powered by electricity. Electric buses can store electricity either on board or can be consumed unceasingly from an external source (i.e. overhead wires, as in the trolleybus, or with non-contact conductors exist on the ground). A bus that stores power are majorly known as battery electric buses, in which the electric motor takes energy from an on-board battery, although instances of additional storage modes do exist, like the gyrobus that uses flywheel energy storage. Increasing demand for the hydrogen fuel cell bus, rising focus on emission-free and energy-efficient mass transit solutions, and growing government initiatives for stimulation the adoption of electric bus are the few factors responsible for high CAGR of the market over the forecast period. For instance, in India, the National Electric Mobility Mission Plan 2020 is released with the aim to accelerate the growth of the electric and hybrid components of the automotive industry. It primarily emphasizes on fast tracing the production and introduction of electric vehicles in India. Similarly, in 2017, the Government of China paid over average of $10,000 per electric vehicle. This factor would contribute to rise in demand for electric buses around the world. However, the outbreak of COVID-19 pandemic across the globe has a swift and severe impact on every single sector including automotive industry. Government issued strict guidelines on movement of public, goods & services, due to which automobile companies cannot produce vehicles. As a result, the production of electric buses has substantially declined and affected the topline of electric bus manufacturers thereby, impacting to the market growth in the recent year. In addition, high manufacturing cost is being always consider as the major limiting factor to the market growth over the forecast period of 2020-2026.

The regional analysis of global Electric Bus market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia-Pacific is the leading/significant region across the world in terms of market share owing to increased government funding to accelerate the production of electric buses, along with the presence of significant number of OEMs such as BYD, Yutong, etc. in the countries, particularly China and India. Whereas, Asia-Pacific is also projected to exhibit highest growth rate / CAGR over the forecast period 2020-2026, due to the rapidly growing electric vehicle (EV) charging infrastructure in the region.

Major market player included in this report are:

Volvo Group

Daimler AG

Iveco Bus

Anhui Ankai Automobile Co. Ltd

BYD Co. Ltd.

New Flyer Industries

Proterra Inc.

Ryobi Bus

Scannia AB

Zhengzhou Yutong Bus Co. Ltd.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Vehicle Type:

Battery Electric Bus

Plug-in Hybrid Electric Bus

Fuel Cell Electric Bus

By Application:

Government

Fleet Operators

By Region:

North America

U.S.

Canada

Europe

UK

Germany

Asia Pacific

China

India

Japan

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2016, 2017, 2018

Base year - 2019

Forecast period - 2020 to 2026

Target Audience of the Global Electric Bus Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Table of Contents

TABLE OF CONTENTS

Chapter 1. Executive Summary

  • 1.1. Market Snapshot
  • 1.2. Global & Segmental Market Estimates & Forecasts, 2018-2026 (USD Billion)
    • 1.2.1. Electric Bus Market, by Region, 2018-2026 (USD Billion)
    • 1.2.2. Electric Bus Market, by Vehicle Type, 2018-2026 (USD Billion)
    • 1.2.3. Electric Bus Market, by Application, 2018-2026 (USD Billion)
  • 1.3. Key Trends
  • 1.4. Estimation Methodology
  • 1.5. Research Assumption

Chapter 2. Global Electric Bus Market Definition and Scope

  • 2.1. Objective of the Study
  • 2.2. Market Definition & Scope
    • 2.2.1. Scope of the Study
    • 2.2.2. Industry Evolution
  • 2.3. Years Considered for the Study
  • 2.4. Currency Conversion Rates

Chapter 3. Global Electric Bus Market Dynamics

  • 3.1. Electric Bus Market Impact Analysis (2018-2026)
    • 3.1.1. Market Drivers
    • 3.1.2. Market Challenges
    • 3.1.3. Market Opportunities

Chapter 4. Global Electric Bus Market: Industry Analysis

  • 4.1. Porter's 5 Force Model
    • 4.1.1. Bargaining Power of Suppliers
    • 4.1.2. Bargaining Power of Buyers
    • 4.1.3. Threat of New Entrants
    • 4.1.4. Threat of Substitutes
    • 4.1.5. Competitive Rivalry
    • 4.1.6. Futuristic Approach to Porter's 5 Force Model (2016-2026)
  • 4.2. PEST Analysis
    • 4.2.1. Political
    • 4.2.2. Economical
    • 4.2.3. Social
    • 4.2.4. Technological
  • 4.3. Investment Adoption Model
  • 4.4. Analyst Recommendation & Conclusion

Chapter 5. Global Electric Bus Market, by Vehicle Type

  • 5.1. Market Snapshot
  • 5.2. Global Electric Bus Market by Vehicle Type, Performance - Potential Analysis
  • 5.3. Global Electric Bus Market Estimates & Forecasts by Vehicle Type 2016-2026 (USD Billion)
  • 5.4. Electric Bus Market, Sub Segment Analysis
    • 5.4.1. Battery Electric Bus
    • 5.4.2. Plug-in Hybrid Electric Bus
    • 5.4.3. Fuel Cell Electric Bus

Chapter 6. Global Electric Bus Market, by Application

  • 6.1. Market Snapshot
  • 6.2. Global Electric Bus Market by Application, Performance - Potential Analysis
  • 6.3. Global Electric Bus Market Estimates & Forecasts by Application 2016-2026 (USD Billion)
  • 6.4. Electric Bus Market, Sub Segment Analysis
    • 6.4.1. Government
    • 6.4.2. Fleet Operators

Chapter 7. Global Electric Bus Market, Regional Analysis

  • 7.1. Electric Bus Market, Regional Market Snapshot
  • 7.2. North America Electric Bus Market
    • 7.2.1. U.S. Electric Bus Market
      • 7.2.1.1. Vehicle Type breakdown estimates & forecasts, 2016-2026
      • 7.2.1.2. Application breakdown estimates & forecasts, 2016-2026
    • 7.2.2. Canada Electric Bus Market
  • 7.3. Europe Electric Bus Market Snapshot
    • 7.3.1. U.K. Electric Bus Market
    • 7.3.2. Germany Electric Bus Market
    • 7.3.3. Rest of Europe Electric Bus Market
  • 7.4. Asia-Pacific Electric Bus Market Snapshot
    • 7.4.1. China Electric Bus Market
    • 7.4.2. India Electric Bus Market
    • 7.4.3. Japan Electric Bus Market
    • 7.4.4. Rest of Asia Pacific Electric Bus Market
  • 7.5. Latin America Electric Bus Market Snapshot
    • 7.5.1. Brazil Electric Bus Market
    • 7.5.2. Mexico Electric Bus Market
  • 7.6. Rest of The World Electric Bus Market

Chapter 8. Competitive Intelligence

  • 8.1. Top Market Strategies
  • 8.2. Company Profiles
    • 8.2.1. Volvo Group
      • 8.2.1.1. Key Information
      • 8.2.1.2. Overview
      • 8.2.1.3. Financial (Subject to Data Availability)
      • 8.2.1.4. Product Summary
      • 8.2.1.5. Recent Developments
    • 8.2.2. Daimler AG
    • 8.2.3. Iveco Bus
    • 8.2.4. Anhui Ankai Automobile Co. Ltd
    • 8.2.5. BYD Co. Ltd.
    • 8.2.6. New Flyer Industries
    • 8.2.7. Proterra Inc.
    • 8.2.8. Ryobi Bus
    • 8.2.9. Scania AB
    • 8.2.10. Zhengzhou Yutong Bus Co. Ltd.

Chapter 9. Research Process

  • 9.1. Research Process
    • 9.1.1. Data Mining
    • 9.1.2. Analysis
    • 9.1.3. Market Estimation
    • 9.1.4. Validation
    • 9.1.5. Publishing
  • 9.2. Research Attributes
  • 9.3. Research Assumption

List of Tables

List of Tables

  • TABLE 1. LIST OF SECONDARY SOURCES, USED IN THE STUDY OF GLOBAL ELECTRIC BUS MARKET
  • TABLE 2. LIST OF PRIMARY SOURCES, USED IN THE STUDY OF GLOBAL ELECTRIC BUS MARKET
  • TABLE 3. GLOBAL ELECTRIC BUS MARKET, REPORT SCOPE
  • TABLE 4. YEARS CONSIDERED FOR THE STUDY
  • TABLE 5. EXCHANGE RATES CONSIDERED
  • TABLE 6. GLOBAL ELECTRIC BUS MARKET ESTIMATES & FORECASTS BY REGION 2016-2026 (USD BILLION)
  • TABLE 7. GLOBAL ELECTRIC BUS MARKET ESTIMATES & FORECASTS BY VEHICLE TYPE 2016-2026 (USD BILLION)
  • TABLE 8. GLOBAL ELECTRIC BUS MARKET ESTIMATES & FORECASTS BY APPLICATION 2016-2026 (USD BILLION)
  • TABLE 9. GLOBAL ELECTRIC BUS MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
  • TABLE 10. GLOBAL ELECTRIC BUS MARKET BY REGION, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
  • TABLE 11. GLOBAL ELECTRIC BUS MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
  • TABLE 12. GLOBAL ELECTRIC BUS MARKET BY REGION, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
  • TABLE 13. GLOBAL ELECTRIC BUS MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
  • TABLE 14. GLOBAL ELECTRIC BUS MARKET BY REGION, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
  • TABLE 15. GLOBAL ELECTRIC BUS MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
  • TABLE 16. GLOBAL ELECTRIC BUS MARKET BY REGION, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
  • TABLE 17. GLOBAL ELECTRIC BUS MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
  • TABLE 18. GLOBAL ELECTRIC BUS MARKET BY REGION, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
  • TABLE 19. U.S. ELECTRIC BUS MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
  • TABLE 20. U.S. ELECTRIC BUS MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
  • TABLE 21. U.S. ELECTRIC BUS MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
  • TABLE 22. CANADA ELECTRIC BUS MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
  • TABLE 23. CANADA ELECTRIC BUS MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
  • TABLE 24. CANADA ELECTRIC BUS MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
  • TABLE 25. UK ELECTRIC BUS MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
  • TABLE 26. UK ELECTRIC BUS MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
  • TABLE 27. UK ELECTRIC BUS MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
  • TABLE 28. GERMANY ELECTRIC BUS MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
  • TABLE 29. GERMANY ELECTRIC BUS MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
  • TABLE 30. GERMANY ELECTRIC BUS MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
  • TABLE 31. ROE ELECTRIC BUS MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
  • TABLE 32. ROE ELECTRIC BUS MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
  • TABLE 33. ROE ELECTRIC BUS MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
  • TABLE 34. CHINA ELECTRIC BUS MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
  • TABLE 35. CHINA ELECTRIC BUS MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
  • TABLE 36. CHINA ELECTRIC BUS MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
  • TABLE 37. INDIA ELECTRIC BUS MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
  • TABLE 38. INDIA ELECTRIC BUS MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
  • TABLE 39. INDIA ELECTRIC BUS MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
  • TABLE 40. JAPAN ELECTRIC BUS MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
  • TABLE 41. JAPAN ELECTRIC BUS MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
  • TABLE 42. JAPAN ELECTRIC BUS MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
  • TABLE 43. ROAPAC ELECTRIC BUS MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
  • TABLE 44. ROAPAC ELECTRIC BUS MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
  • TABLE 45. ROAPAC ELECTRIC BUS MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
  • TABLE 46. BRAZIL ELECTRIC BUS MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
  • TABLE 47. BRAZIL ELECTRIC BUS MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
  • TABLE 48. BRAZIL ELECTRIC BUS MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
  • TABLE 49. MEXICO ELECTRIC BUS MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
  • TABLE 50. MEXICO ELECTRIC BUS MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
  • TABLE 51. MEXICO ELECTRIC BUS MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
  • TABLE 52. ROLA ELECTRIC BUS MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
  • TABLE 53. ROLA ELECTRIC BUS MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
  • TABLE 54. ROLA ELECTRIC BUS MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
  • TABLE 55. ROW ELECTRIC BUS MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
  • TABLE 56. ROW ELECTRIC BUS MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
  • TABLE 57. ROW ELECTRIC BUS MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)

List of Figures

List of Figures

  • FIG 1. GLOBAL ELECTRIC BUS MARKET, RESEARCH METHODOLOGY
  • FIG 2. GLOBAL ELECTRIC BUS MARKET, MARKET ESTIMATION TECHNIQUES
  • FIG 3. GLOBAL MARKET SIZE ESTIMATES & FORECAST METHODS
  • FIG 4. GLOBAL ELECTRIC BUS MARKET, KEY TRENDS 2019
  • FIG 5. GLOBAL ELECTRIC BUS MARKET, GROWTH PROSPECTS 2020-2026
  • FIG 6. GLOBAL ELECTRIC BUS MARKET, PORTERS 5 FORCE MODEL
  • FIG 7. GLOBAL ELECTRIC BUS MARKET, PEST ANALYSIS
  • FIG 8. GLOBAL ELECTRIC BUS MARKET, VALUE CHAIN ANALYSIS
  • FIG 9. GLOBAL ELECTRIC BUS MARKET BY SEGMENT, 2016 & 2026 (USD BILLION)
  • FIG 10. GLOBAL ELECTRIC BUS MARKET BY SEGMENT, 2016 & 2026 (USD BILLION)
  • FIG 11. GLOBAL ELECTRIC BUS MARKET BY SEGMENT, 2016 & 2026 (USD BILLION)
  • FIG 12. GLOBAL ELECTRIC BUS MARKET BY SEGMENT, 2016 & 2026 (USD BILLION)
  • FIG 13. GLOBAL ELECTRIC BUS MARKET BY SEGMENT, 2016 & 2026 (USD BILLION)
  • FIG 14. GLOBAL ELECTRIC BUS MARKET, REGIONAL SNAPSHOT 2016 & 2026
  • FIG 15. NORTH AMERICA ELECTRIC BUS MARKET 2016 & 2026 (USD BILLION)
  • FIG 16. EUROPE ELECTRIC BUS MARKET 2016 & 2026 (USD BILLION)
  • FIG 17. ASIA PACIFIC ELECTRIC BUS MARKET 2016 & 2026 (USD BILLION)
  • FIG 18. LATIN AMERICA ELECTRIC BUS MARKET 2016 & 2026 (USD BILLION)
  • FIG 19. GLOBAL ELECTRIC BUS MARKET, COMPANY MARKET SHARE ANALYSIS (2019)
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