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PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1277677

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PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1277677

Asia Pacific Electric Bus Market Size- By Vehicle Type, By Power Source Type, By Consumer- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

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Asia Pacific Electric Bus Market Overview

According to SPER Market Research, the Asia Pacific Electric Bus Market is estimated to reach USD 113.14 billion by 2033 with a CAGR 10.78%.

An electric bus is a type of public transportation vehicle that runs on electricity instead of fossil fuels such as gasoline or diesel. These buses are powered by large batteries that store electrical energy, which is used to run an electric motor that propels the bus. Because they do not rely on traditional fuel sources, electric buses are considered a cleaner and more environmentally friendly form of transportation than their conventional counterparts.

What challenges does the Asia Pacific Electric Bus Market face?

While the Asia Pacific electric bus market has been experiencing rapid growth, there are still several challenges that need to be addressed. One of the main challenges is the high initial cost of electric buses compared to conventional buses, which can be a significant barrier for smaller transportation agencies and private bus operators.

Scope of the Report

Report Metric Details:

Market size available for years 2019-2033

Base year considered 2022

Forecast period 2023-2033

Segments covered By Vehicle Type, By Power Source Type, By Consumer

Regions covered China, India, Japan, South Korea, Rest of South Africa

Companies Covered

Anhui Ankai Automobile Industries Co. Limited, Ashok Leyland Limited, BYD Auto Co. Limited, King Long United Automotive Co. Limited, Tata Motors Limited, Volvo Group, Zhongtong Bus Holding Co. Limited

Asia Pacific Electric Bus Market Segmentation:

By Vehicle Type: Based on the Vehicle Type, Asia Pacific Electric Bus Market is segmented as; Battery Electric Bus, Plug-in Hybrid Bus.

By Consumer: Based on the Consumer, Asia Pacific Electric Bus Market is segmented as; Government, Fleet Operators.

By Region: This report also provides the data for key regional segments of China, India, Japan, South Korea, Rest of South Africa.

Product Code: AMIN2383

Table of Contents

1. Introduction

  • 1.1. Scope of the report
  • 1.2. Market segment analysis

2. Research Methodology

  • 2.1. Research data source
    • 2.1.1. Secondary Data
    • 2.1.2. Primary Data
    • 2.1.3. SPER's internal database
    • 2.1.4. Premium insight from KOL's
  • 2.2. Market size estimation
    • 2.2.1. Top-down and Bottom-up approach
  • 2.3. Data triangulation

3. Executive Summary

4. Market Dynamics

  • 4.1. Driver, Restraint, Opportunity and Challenges analysis
    • 4.1.1. Drivers
    • 4.1.2. Restraints
    • 4.1.3. Opportunities
    • 4.1.4. Challenges
  • 4.2. COVID-19 Impacts of the Asia Pacific Electric Bus Market

5. Market variable and outlook

  • 5.1. SWOT Analysis
    • 5.1.1. Strengths
    • 5.1.2. Weaknesses
    • 5.1.3. Opportunities
    • 5.1.4. Threats
  • 5.2. PESTEL Analysis
    • 5.2.1. Political Landscape
    • 5.2.2. Economic Landscape
    • 5.2.3. Social Landscape
    • 5.2.4. Technological Landscape
    • 5.2.5. Environmental Landscape
    • 5.2.6. Legal Landscape
  • 5.3. PORTER's Five Forces
    • 5.3.1. Bargaining power of suppliers
    • 5.3.2. Bargaining power of buyers
    • 5.3.3. Threat of Substitute
    • 5.3.4. Threat of new entrant
    • 5.3.5. Competitive rivalry
  • 5.4. Heat Map Analysis

6. Competitive Landscape

  • 6.1. Asia Pacific Electric Bus Market Manufacturing Base Distribution, Sales Area, Product Type
  • 6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Asia Pacific Electric Bus Market

7. Asia Pacific Electric Bus Market, By Vehicle Type (USD Million)

  • 7.1. Asia Pacific Electric Bus Market Value Share and Forecast, By Vehicle Type, 2023-2033
  • 7.2. Battery Electric Bus
  • 7.3. Plug-in Hybrid Electric Bus

8. Asia Pacific Electric Bus Market, By Power Source Type (USD Million)

  • 8.1. Asia Pacific Electric Bus Market Value Share and Forecast, By Power Source Type, 2023-2033
  • 8.2. DC/AC Inverter
  • 8.3. DC/DC Converter
  • 8.4. DC/DC Boost Converter
  • 8.5. E-Motor
  • 8.6. AC/DC Charger
  • 8.7. Motor Controller

9. Asia Pacific Electric Bus Market, By Consumer (USD Million)

  • 9.1. Asia Pacific Electric Bus Market Value Share and Forecast, By Consumer, 2023-2033
  • 9.2. Government
  • 9.3. Fleet Operator

10. Asia Pacific Electric Bus Market Forecast, 2019-2033 (USD Million)

  • 10.1. Asia Pacific Electric Bus Market Size and Market Share

11. Asia Pacific Electric Bus Market, By Vehicle Type, 2019-2033 (USD Million)

  • 11.1. Asia Pacific Electric Bus Market Size and Market Share by Vehicle Type (2019-2026)
  • 11.2. Asia Pacific Electric Bus Market Size and Market Share by Vehicle Type (2027-2033)

12. Asia Pacific Electric Bus Market, By Power Source Type, 2019-2033 (USD Million)

  • 12.1. Asia Pacific Electric Bus Market Size and Market Share by Power Source Type (2019-2026)
  • 12.2. Asia Pacific Electric Bus Market Size and Market Share by Power Source Type (2027-2033)

13. Asia Pacific Electric Bus Market, By Consumer, 2019-2033 (USD Million)

  • 13.1. Asia Pacific Electric Bus Market Size and Market Share by Consumer (2019-2026)
  • 13.2. Asia Pacific Electric Bus Market Size and Market Share by Consumer (2027-2033)

14. Asia Pacific Electric Bus Market, By Region, 2019-2033 (USD Million)

  • 14.1. Asia Pacific Electric Bus Market Size and Market Share by Region (2019-2026)
  • 14.2. Asia Pacific Electric Bus Market Size and Market Share by Region (2027-2033)
  • 14.3. China
  • 14.4. India
  • 14.5. Japan
  • 14.6. South Korea
  • 14.7. Rest of Asia-Pacific

15. Company Profile

  • 15.1. Anhui Ankai Automobile Industries Co. Limited
    • 15.1.1. Company details
    • 15.1.2. Financial outlook
    • 15.1.3. Product summary
    • 15.1.4. Recent developments
  • 15.2. Ashok Leyland Limited
    • 15.2.1. Company details
    • 15.2.2. Financial outlook
    • 15.2.3. Product summary
    • 15.2.4. Recent developments
  • 15.3. BYD Auto Co. Limited
    • 15.3.1. Company details
    • 15.3.2. Financial outlook
    • 15.3.3. Product summary
    • 15.3.4. Recent developments
  • 15.4. King Long United Automotive Co. Limited
    • 15.4.1. Company details
    • 15.4.2. Financial outlook
    • 15.4.3. Product summary
    • 15.4.4. Recent developments
  • 15.5. Nanjing Jiayuan EV
    • 15.5.1. Company details
    • 15.5.2. Financial outlook
    • 15.5.3. Product summary
    • 15.5.4. Recent developments
  • 15.6. Scania AB
    • 15.6.1. Company details
    • 15.6.2. Financial outlook
    • 15.6.3. Product summary
    • 15.6.4. Recent developments
  • 15.7. Tata Motors Limited
    • 15.7.1. Company details
    • 15.7.2. Financial outlook
    • 15.7.3. Product summary
    • 15.7.4. Recent developments
  • 15.8. Volvo Group
    • 15.8.1. Company details
    • 15.8.2. Financial outlook
    • 15.8.3. Product summary
    • 15.8.4. Recent developments
  • 15.9. Zhongtong Bus Holding Co. Limited
    • 15.9.1. Company details
    • 15.9.2. Financial outlook
    • 15.9.3. Product summary
    • 15.9.4. Recent developments

16. List of Abbreviations

17. Reference Links

18. Conclusion

19. Research Scope

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Christine Sirois

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