Description
Automotive Electric bus has a huge market potential at this time of rising environmental awareness. One of the primary drivers for this particular market is the rising need to reduce dependency on fossil fuels. Though electric buses require a high initial investment compared to those with compressed natural gas (CNG), diesel, or hybrid engines, they apparently offer greater benefits in the long run.
Market Dynamics
There is a rise in environmental concerns and increasing pressure on the governments to invest in fuel saving technologies.This drives the growth of the global electric bus market. A large number of global bus manufacturers are opting for electric & hybrid electric to substitute diesel fueled buses. This pushes the market towards growth.This also reduces pollution and disruptive noises.
Market Segmentation
It can be segmented into autonomous and non-Autonomous
The market can also be segmented according to geographies can be segmented into Asia-Pacific, including main players, Indian China and Japan, Europe, North America
Regional/Geographic Analysis
Asia-Pacific has the highest number of shipments in the global electric bus market mainly led by China. Owing to the increasing urbanization and development the public transit systems and further pubic transportation progress, the Chinese electric bus market is expected to grow significantly.
Opportunities
As various countries are progressing, they are focusing more and more on developing public transit infrastructure with no or low pollution to tackle the air pollutant emissions, mainly in the densely-populated cities and mega-cities. Specially the developed countries tha are replacing their existing diesel and natural gas based public transit to zero emission buses. There is a surge in urbanization, and also electric buses have lower operating cost. This is leading to their fast growth in the developing countries.
Key Players
Some of the key players are Daimler, Anhui Ankai Automobile, BYD, Iveco, Volvo, Ryobi bus, Scania, Wright Group, Proterra
- Market segments
- Market Drivers, Restraints and Opportunities
- Market Size & Forecast 2016 to 2022
- Supply & Demand Value Chain
- Market – Current Trends
- Competition & Major Companies
- Technology and R&D Status
- Porters Five Force Analysis
- Strategic and Critical Success Factor Analysis of Key Players
- North America
- US and Canada
- Latin America
- Mexico, Brazil, Argentina and Rest of Latin America
- Western Europe
- EU5 (Germany, France, Italy, Spain, U.K.)
- Nordic Countries (Denmark, Finland, Norway, and Sweden)
- Benelux (Belgium, The Netherlands, and Luxembourg)
- Rest of Western Europe
- Eastern Europe
- Russia
- Poland
- Rest of Eastern Europe
- Asia Pacific
- China
- India
- Japan
- Australia and New Zealand
- Rest of Asia Pacific
- Middle East and Africa
- GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
- South Africa
- North Africa
- Rest of Middle East and Africa
This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.
- Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
- Consumer and Pricing Analysis
- Market dynamics of the industry
- Market Segmentation
- Estimated Market Sizing in terms of volume and value
- Recent trends in Market and impact
- Research Status and Technology Overview
- Extensive Industry Structure Coverage
