Global Electric Bus Market 2023-2027

Description

List of Tables

Technavio has been monitoring the electric bus market and it is poised to grow by 61.03 th units during 2023-2027, accelerating at a CAGR of 9.23% during the forecast period. Our 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 global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the reduction in battery prices, 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
Rest of World (ROW)

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 retrofitted electric bus will lead to sizable demand in the market.

Technavio 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. Our report on the electric bus market covers the following areas:

Electric bus market sizing
Electric bus market forecast
Electric bus market industry analysis

Technavio's 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., Jiangsu Alfa Bus Co. Ltd., Linkker Oy, Mercedes Benz Group AG, NFI Group Inc., POL-MOT Holding SA, Proterra Inc., Tata Sons Pvt. Ltd., TECNOBUS Spa, VDL Bus and Coach BV, Xiamen King Long United Automotive Industry Co. Ltd., Yinlong Energy China Ltd., and Zhongtong Bus Holding Co. Ltd.. 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.

Technavio 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. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR70842

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market by Geography
Exhibit 05: Executive Summary - Chart on Market Segmentation by Application
Exhibit 06: Executive Summary - Chart on Market Segmentation by Type
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 14: Chart on Global - Market size and forecast 2022-2027 (thousand units)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 (thousand units)
Exhibit 16: Chart on Global Market- Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market- Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global electric bus market 2017 - 2021
Exhibit 18: Historic Market Size - Data Table on Global electric bus market 2017 - 2021 (thousand units)
4.2 Application Segment Analysis 2017 - 2021
Exhibit 19: Historic Market Size - Application Segment 2017 - 2021 (thousand units)
4.3 Type Segment Analysis 2017 - 2021
Exhibit 20: Historic Market Size - Type Segment 2017 - 2021 (thousand units)
4.4 Geography Segment Analysis 2017 - 2021
Exhibit 21: Historic Market Size - Geography Segment 2017 - 2021 (thousand units)
4.5 Country Segment Analysis 2017 - 2021
Exhibit 22: Historic Market Size - Country Segment 2017 - 2021 (thousand units)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Application

6.1 Market segments
Exhibit 30: Chart on Application - Market share 2022-2027 (%)
Exhibit 31: Data Table on Application - Market share 2022-2027 (%)
6.2 Comparison by Application
Exhibit 32: Chart on Comparison by Application
Exhibit 33: Data Table on Comparison by Application
6.3 Intercity - Market size and forecast 2022-2027
Exhibit 34: Chart on Intercity - Market size and forecast 2022-2027 (thousand units)
Exhibit 35: Data Table on Intercity - Market size and forecast 2022-2027 (thousand units)
Exhibit 36: Chart on Intercity - Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on Intercity - Year-over-year growth 2022-2027 (%)
6.4 Intra city - Market size and forecast 2022-2027
Exhibit 38: Chart on Intra city - Market size and forecast 2022-2027 (thousand units)
Exhibit 39: Data Table on Intra city - Market size and forecast 2022-2027 (thousand units)
Exhibit 40: Chart on Intra city - Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on Intra city - Year-over-year growth 2022-2027 (%)
6.5 Market opportunity by Application
Exhibit 42: Market opportunity by Application (thousand units)

7 Market Segmentation by Type

7.1 Market segments
Exhibit 43: Chart on Type - Market share 2022-2027 (%)
Exhibit 44: Data Table on Type - Market share 2022-2027 (%)
7.2 Comparison by Type
Exhibit 45: Chart on Comparison by Type
Exhibit 46: Data Table on Comparison by Type
7.3 Pure electric bus - Market size and forecast 2022-2027
Exhibit 47: Chart on Pure electric bus - Market size and forecast 2022-2027 (thousand units)
Exhibit 48: Data Table on Pure electric bus - Market size and forecast 2022-2027 (thousand units)
Exhibit 49: Chart on Pure electric bus - Year-over-year growth 2022-2027 (%)
Exhibit 50: Data Table on Pure electric bus - Year-over-year growth 2022-2027 (%)
7.4 Plug-in hybrid bus - Market size and forecast 2022-2027
Exhibit 51: Chart on Plug-in hybrid bus - Market size and forecast 2022-2027 (thousand units)
Exhibit 52: Data Table on Plug-in hybrid bus - Market size and forecast 2022-2027 (thousand units)
Exhibit 53: Chart on Plug-in hybrid bus - Year-over-year growth 2022-2027 (%)
Exhibit 54: Data Table on Plug-in hybrid bus - Year-over-year growth 2022-2027 (%)
7.5 Market opportunity by Type
Exhibit 55: Market opportunity by Type (thousand units)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 56: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 57: Chart on Market share by geography 2022-2027 (%)
Exhibit 58: Data Table on Market share by geography 2022-2027 (%)
9.2 Geographic comparison
Exhibit 59: Chart on Geographic comparison
Exhibit 60: Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2022-2027
Exhibit 61: Chart on APAC - Market size and forecast 2022-2027 (thousand units)
Exhibit 62: Data Table on APAC - Market size and forecast 2022-2027 (thousand units)
Exhibit 63: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibit 64: Data Table on APAC - Year-over-year growth 2022-2027 (%)
9.4 Europe - Market size and forecast 2022-2027
Exhibit 65: Chart on Europe - Market size and forecast 2022-2027 (thousand units)
Exhibit 66: Data Table on Europe - Market size and forecast 2022-2027 (thousand units)
Exhibit 67: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibit 68: Data Table on Europe - Year-over-year growth 2022-2027 (%)
9.5 North America - Market size and forecast 2022-2027
Exhibit 69: Chart on North America - Market size and forecast 2022-2027 (thousand units)
Exhibit 70: Data Table on North America - Market size and forecast 2022-2027 (thousand units)
Exhibit 71: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibit 72: Data Table on North America - Year-over-year growth 2022-2027 (%)
9.6 Rest of World (ROW) - Market size and forecast 2022-2027
Exhibit 73: Chart on Rest of World (ROW) - Market size and forecast 2022-2027 (thousand units)
Exhibit 74: Data Table on Rest of World (ROW) - Market size and forecast 2022-2027 (thousand units)
Exhibit 75: Chart on Rest of World (ROW) - Year-over-year growth 2022-2027 (%)
Exhibit 76: Data Table on Rest of World (ROW) - Year-over-year growth 2022-2027 (%)
9.7 China - Market size and forecast 2022-2027
Exhibit 77: Chart on China - Market size and forecast 2022-2027 (thousand units)
Exhibit 78: Data Table on China - Market size and forecast 2022-2027 (thousand units)
Exhibit 79: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibit 80: Data Table on China - Year-over-year growth 2022-2027 (%)
9.8 India - Market size and forecast 2022-2027
Exhibit 81: Chart on India - Market size and forecast 2022-2027 (thousand units)
Exhibit 82: Data Table on India - Market size and forecast 2022-2027 (thousand units)
Exhibit 83: Chart on India - Year-over-year growth 2022-2027 (%)
Exhibit 84: Data Table on India - Year-over-year growth 2022-2027 (%)
9.9 US - Market size and forecast 2022-2027
Exhibit 85: Chart on US - Market size and forecast 2022-2027 (thousand units)
Exhibit 86: Data Table on US - Market size and forecast 2022-2027 (thousand units)
Exhibit 87: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibit 88: Data Table on US - Year-over-year growth 2022-2027 (%)
9.10 Germany - Market size and forecast 2022-2027
Exhibit 89: Chart on Germany - Market size and forecast 2022-2027 (thousand units)
Exhibit 90: Data Table on Germany - Market size and forecast 2022-2027 (thousand units)
Exhibit 91: Chart on Germany - Year-over-year growth 2022-2027 (%)
Exhibit 92: Data Table on Germany - Year-over-year growth 2022-2027 (%)
9.11 UK - Market size and forecast 2022-2027
Exhibit 93: Chart on UK - Market size and forecast 2022-2027 (thousand units)
Exhibit 94: Data Table on UK - Market size and forecast 2022-2027 (thousand units)
Exhibit 95: Chart on UK - Year-over-year growth 2022-2027 (%)
Exhibit 96: Data Table on UK - Year-over-year growth 2022-2027 (%)
9.12 Canada - Market size and forecast 2022-2027
Exhibit 97: Chart on Canada - Market size and forecast 2022-2027 (thousand units)
Exhibit 98: Data Table on Canada - Market size and forecast 2022-2027 (thousand units)
Exhibit 99: Chart on Canada - Year-over-year growth 2022-2027 (%)
Exhibit 100: Data Table on Canada - Year-over-year growth 2022-2027 (%)
9.13 Market opportunity by geography
Exhibit 101: Market opportunity by geography (thousand units)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 102: Impact of drivers and challenges in 2022 and 2027
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 103: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 104: Overview on factors of disruption
11.4 Industry risks
Exhibit 105: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 106: Vendors covered
12.2 Market positioning of vendors
Exhibit 107: Matrix on vendor position and classification
12.3 AB Volvo
Exhibit 108: AB Volvo - Overview
Exhibit 109: AB Volvo - Business segments
Exhibit 110: AB Volvo - Key offerings
Exhibit 111: AB Volvo - Segment focus
12.4 BKM.BY
Exhibit 112: BKM.BY - Overview
Exhibit 113: BKM.BY - Product / Service
Exhibit 114: BKM.BY - Key offerings
12.5 Bollore SE
Exhibit 115: Bollore SE - Overview
Exhibit 116: Bollore SE - Business segments
Exhibit 117: Bollore SE - Key offerings
Exhibit 118: Bollore SE - Segment focus
12.6 BYD Co. Ltd.
Exhibit 119: BYD Co. Ltd. - Overview
Exhibit 120: BYD Co. Ltd. - Business segments
Exhibit 121: BYD Co. Ltd. - Key news
Exhibit 122: BYD Co. Ltd. - Key offerings
Exhibit 123: BYD Co. Ltd. - Segment focus
12.7 CNH Industrial NV
Exhibit 124: CNH Industrial NV - Overview
Exhibit 125: CNH Industrial NV - Business segments
Exhibit 126: CNH Industrial NV - Key news
Exhibit 127: CNH Industrial NV - Key offerings
Exhibit 128: CNH Industrial NV - Segment focus
12.8 Complete Coach Works
Exhibit 129: Complete Coach Works - Overview
Exhibit 130: Complete Coach Works - Product / Service
Exhibit 131: Complete Coach Works - Key offerings
12.9 Eletra
Exhibit 132: Eletra - Overview
Exhibit 133: Eletra - Product / Service
Exhibit 134: Eletra - Key offerings
12.10 GreenPower Motor Co. Inc.
Exhibit 135: GreenPower Motor Co. Inc. - Overview
Exhibit 136: GreenPower Motor Co. Inc. - Product / Service
Exhibit 137: GreenPower Motor Co. Inc. - Key news
Exhibit 138: GreenPower Motor Co. Inc. - Key offerings
12.11 Jiangsu Alfa Bus Co. Ltd.
Exhibit 139: Jiangsu Alfa Bus Co. Ltd. - Overview
Exhibit 140: Jiangsu Alfa Bus Co. Ltd. - Product / Service
Exhibit 141: Jiangsu Alfa Bus Co. Ltd. - Key offerings
12.12 Linkker Oy
Exhibit 142: Linkker Oy - Overview
Exhibit 143: Linkker Oy - Product / Service
Exhibit 144: Linkker Oy - Key offerings
12.13 Mercedes Benz Group AG
Exhibit 145: Mercedes Benz Group AG - Overview
Exhibit 146: Mercedes Benz Group AG - Business segments
Exhibit 147: Mercedes Benz Group AG - Key offerings
Exhibit 148: Mercedes Benz Group AG - Segment focus
12.14 Proterra Inc.
Exhibit 149: Proterra Inc. - Overview
Exhibit 150: Proterra Inc. - Product / Service
Exhibit 151: Proterra Inc. - Key news
Exhibit 152: Proterra Inc. - Key offerings
12.15 TECNOBUS Spa
Exhibit 153: TECNOBUS Spa - Overview
Exhibit 154: TECNOBUS Spa - Product / Service
Exhibit 155: TECNOBUS Spa - Key offerings
12.16 Xiamen King Long United Automotive Industry Co. Ltd.
Exhibit 156: Xiamen King Long United Automotive Industry Co. Ltd. - Overview
Exhibit 157: Xiamen King Long United Automotive Industry Co. Ltd. - Product / Service
Exhibit 158: Xiamen King Long United Automotive Industry Co. Ltd. - Key offerings
12.17 Yinlong Energy China Ltd.
Exhibit 159: Yinlong Energy China Ltd. - Overview
Exhibit 160: Yinlong Energy China Ltd. - Product / Service
Exhibit 161: Yinlong Energy China Ltd. - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 162: Inclusions checklist
Exhibit 163: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 164: Currency conversion rates for US$
13.4 Research methodology
Exhibit 165: Research methodology
Exhibit 166: Validation techniques employed for market sizing
Exhibit 167: Information sources
13.5 List of abbreviations
Exhibit 168: List of abbreviations