Global Electric Bus Market By Battery Type (Lithium Ion & Lead Acid), By Application (Intracity, Intercity & Airport Bus), By Bus Length (6-8m, 9-12m, & Above 12m), By Seating Capacity (Up to 30-Seater, 31-40 Seater, & Above 40), By Region, Competition Forecast & Opportunities, 2026

  • Industry : Automotive
  • Pages : 110
  • Published Date : May, 2021
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Summary

Report Description

Global electric bus market stood at around 64.08 thousand units in 2020 and is expected to register growth with a CAGR of around 11.20% by volume in the forecast period. Various government & semi-government run transport departments are rapidly adopting electric buses throughout the globe. Moreover, in comparison with diesel run buses, electric buses have lower running and maintenance costs, therefore, the demand for electric buses are growing rapidly especially from small and medium enterprises. According to International Organization of Motor Vehicle Manufacturers (OICA), there were around 1.28 billion passenger and commercial vehicles on road in 2015 and 69.51 million vehicles were sold in 2020. With on road vehicle population increasing briskly, governments are concerned for both greenhouse gas emissions as well as traffic loggings. Governments as well as private firms are investing in development of sustainable public transport systems, that too with more green vehicles utilizing alternative fuels. These factors are also aiding private fleet owners to adopt EVs at a faster rate via numerous incentive schemes, tax rebates and subsidised loan facilities. These factors are cumulatively expected to aid the growth of global electric bus market in the forecast period. Continuous business expansion of the worlds’ leading electric bus manufacturing brands by increasing their product portfolio and customer outreach through more dealer addition as well as partnerships & tie-ups with transport & municipal corporations are anticipated to intensify the competition in the global electric bus market over the course of next five years.

Global electric bus market can be segmented into seating capacity, by battery type, by application, by bus length, by region and by company. On the basis of seating capacity as well as bus length, medium sized buses of seating capacity between 31 to 40 seats and length of 9 to 12 meters, have the most demand due to being suitable for both intracity and intercity routes. Based on battery type, lithium ion is more performance oriented and cost-effective battery type as compared to lead acid batteries. Therefore, a majority of demand is generated by lithium ion battery fitted electric buses. In terms of application, due to the shorter ranges of electric powered buses, electric buses are more commonly run on intra city routes. Although with new model launches more performance-oriented vehicles with larger range capacities, intercity travelling is also gaining popularity. Market is segmented across geographical regions of North America, Europe, Asia-Pacific and Middle East & Africa. Since, Asia-Pacific is the region with developing economies, public transport facilities are still under development. In such countries it is easier to adopt EVs in the municipal & private fleets and with flooding investments in such sectors, countries like China, India & Japan are showing a rapid increase in sales of electric buses.

Zhengzhou Yutong Bus Co., Ltd., BYD Auto Co., Ltd., VDL Groep, Solaris Bus & Coach sp. z o.o., etc. are some of the leading players operating in the global electric bus market. Apart from these flagship companies, many startup companies are also increasing their footprint in the global electric bus market by pushing their low-cost products blended with ease of availability. Major electric manufacturing and distribution companies are signing up contracts and partnerships with government and private transit or transport corporations across the globe for better market penetration.

Years considered for this report:

Historical Period: 2016-2019

Base Year: 2020

Estimated Year: 2021

Forecast Period: 2022-2026

Objective of the Study:

To analyze the historical growth in the market size of the global electric bus market, in terms of value as well as volume, from 2016 to 2020.

To estimate and forecast the global electric bus market from 2021 to 2026 and growth rate until 2026.

To classify and forecast global electric bus market based on seating capacity, by battery type, by application, by bus length and by region.

To identify drivers and challenges for the global electric bus market.

To examine competitive developments such as business growth opportunities, new product development, mergers and acquisitions, etc., in the global electric bus market.

To conduct the pricing analysis for the global electric bus market.

To identify and analyze the profile of leading players involved in the manufacturing of global electric buses.



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TechSci Research performed primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers, dealers and distributors operating in global electric bus market. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research was able to include vendors that could not be identified due to the limitations of secondary research. TechSci Research analyzed product offerings, application, distribution channel and regional presence of all the electric bus distributors and dealers across the globe.

TechSci Research calculated the market size for global electric bus market using a bottom-up technique, wherein manufacturers’ volume sales data for different applications, were recorded as well as forecast for the future years. TechSci Research sourced these values from industry experts and company representatives, and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Multiple secondary sources such as directories, databases such as OICA, Economic Intelligence Unit (EIU), company websites, company annual reports, white papers, investor presentations and financial reports were also studied for the global electric bus market research by TechSci Research.

Key Target Audience:

·         Electric bus manufacturing companies

·         Raw material suppliers

·         Dealers/distributors of electric buses

·         Governments and financial institutions

·         Research organizations and consulting companies

·         Research institutes

·         Associations, organizations, forums and alliances related to EVs

·         Industry associations

·         Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, the global electric bus market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Global Electric Bus Market, By Battery Type:
    • Lithium Ion
    • Lead Acid
  • Global Electric Bus Market, By Application:
    • Intracity
    • Intercity
    • Airport Bus
  • Global Electric Bus Market, By Bus Length:
    • 6-8m
    • 9-12m
    • Above 12m
  • Global Electric Bus Market, By Seating Capacity:
    • Up to 30 Seater
    • 31-40 Seater
    • Above 40
  • Global Electric Bus Market, By Region:
    • Asia-Pacific
    • Europe
    • North America
    • Middle East & Africa

Company Profiles: Detailed analysis of the major companies present in the global electric bus market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Profit Margin Analysis

  • Profit margin analysis in case of direct and indirect sales channel.

Table of content

1.    Product Overview

2.    Research Methodology

3.    Executive Summary

4.    Impact of COVID-19 on Global Electric Bus Market

5.    Voice of Customer

5.1.  Factors Influencing Purchase Decision

5.2.  Influencer of Purchase

5.3.  Brand Recall

5.4.  Brand Satisfaction Level

6.    Global Electric Bus Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value & Volume

6.2.  Market Share & Forecast

6.2.1.     By Battery Type (Lithium Ion and Lead Acid)

6.2.2.     By Application (Intracity; Intercity; Airport Bus)

6.2.3.     By Bus Length (6-8m; 9-12m; Above 12m)

6.2.4.     By Seating Capacity (Up to 30 Seater; 31-40 Seater; Above 40)

6.2.5.     By Region (Asia-Pacific, Europe, North America, and Middle East & Africa)

6.2.6.     By Company (2020)

7.    Asia-Pacific Electric Bus Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value & Volume

7.2.  Market Share & Forecast

7.2.1.     By Seating Capacity

7.2.2.     By Battery Type

7.2.3.     By Application

7.2.4.     By Bus Length

7.2.5.     By Country (China, India, Japan, Singapore, and Rest of Asia Pacific)

7.3.  Asia-Pacific: Country Analysis

7.3.1.     China Electric Bus Market Outlook

7.3.1.1.         Market Size & Forecast

7.3.1.1.1.             By Value & Volume

7.3.1.2.         Market Share & Forecast

7.3.1.2.1.             By Battery Type

7.3.1.2.2.             By Application

7.3.1.2.3.             By Bus Length

7.3.1.2.4.             By Seating Capacity

7.3.1.3.         Pricing Analysis

7.3.2.     India Electric Bus Market Outlook

7.3.2.1.         Market Size & Forecast

7.3.2.1.1.             By Value & Volume

7.3.2.2.         Market Share & Forecast

7.3.2.2.1.             By Battery Type

7.3.2.2.2.             By Application

7.3.2.2.3.             By Bus Length

7.3.2.2.4.             By Seating Capacity

7.3.2.3.         Pricing Analysis

7.3.3.     Japan Electric Bus Market Outlook

7.3.3.1.         Market Size & Forecast

7.3.3.1.1.             By Value & Volume

7.3.3.2.         Market Share & Forecast

7.3.3.2.1.             By Battery Type

7.3.3.2.2.             By Application

7.3.3.2.3.             By Bus Length

7.3.3.2.4.             By Seating Capacity

7.3.3.3.         Pricing Analysis

7.3.4.     Singapore Electric Bus Market Outlook

7.3.4.1.         Market Size & Forecast

7.3.4.1.1.             By Value & Volume

7.3.4.2.         Market Share & Forecast

7.3.4.2.1.             By Battery Type

7.3.4.2.2.             By Application

7.3.4.2.3.             By Bus Length

7.3.4.2.4.             By Seating Capacity

7.3.4.3.         Pricing Analysis

8.    Europe Electric Bus Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value & Volume

8.2.  Market Share & Forecast

8.2.1.     By Battery Type

8.2.2.     By Application

8.2.3.     By Bus Length

8.2.4.     By Seating Capacity

8.2.5.     By Country (United Kingdom, France, Poland, Turkey, Germany, Austria, Spain and Rest of the Europe)

8.3.  Europe: Country Analysis

8.3.1.     United Kingdom Electric Bus Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value & Volume

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Battery Type

8.3.1.2.2.             By Application

8.3.1.2.3.             By Bus Length

8.3.1.2.4.             By Seating Capacity

8.3.1.3.         Pricing Analysis

8.3.2.     France Electric Bus Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value & Volume

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Seating Capacity

8.3.2.2.2.             By Battery Type

8.3.2.2.3.             By Application

8.3.2.2.4.             By Bus Length

8.3.2.3.         Pricing Analysis

8.3.3.     Poland Electric Bus Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value & Volume

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Battery Type

8.3.3.2.2.             By Application

8.3.3.2.3.             By Bus Length

8.3.3.2.4.             By Seating Capacity

8.3.3.3.         Pricing Analysis

8.3.4.     Turkey Electric Bus Market Outlook

8.3.4.1.         Market Size & Forecast

8.3.4.1.1.             By Value & Volume

8.3.4.2.         Market Share & Forecast

8.3.4.2.1.             By Battery Type

8.3.4.2.2.             By Application

8.3.4.2.3.             By Bus Length

8.3.4.2.4.             By Seating Capacity

8.3.4.3.         Pricing Analysis

8.3.5.     Germany Electric Bus Market Outlook

8.3.5.1.         Market Size & Forecast

8.3.5.1.1.             By Value & Volume

8.3.5.2.         Market Share & Forecast

8.3.5.2.1.             By Battery Type

8.3.5.2.2.             By Application

8.3.5.2.3.             By Bus Length

8.3.5.2.4.             By Seating Capacity

8.3.5.3.         Pricing Analysis

8.3.6.     Austria Electric Bus Market Outlook

8.3.6.1.         Market Size & Forecast

8.3.6.1.1.             By Value & Volume

8.3.6.2.         Market Share & Forecast

8.3.6.2.1.             By Battery Type

8.3.6.2.2.             By Application

8.3.6.2.3.             By Bus Length

8.3.6.2.4.             By Seating Capacity

8.3.6.3.         Pricing Analysis

8.3.7.     Spain Electric Bus Market Outlook

8.3.7.1.         Market Size & Forecast

8.3.7.1.1.             By Value & Volume

8.3.7.2.         Market Share & Forecast

8.3.7.2.1.             By Battery Type

8.3.7.2.2.             By Application

8.3.7.2.3.             By Bus Length

8.3.7.2.4.             By Seating Capacity

8.3.7.3.         Pricing Analysis

9.    North America Electric Bus Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value & Volume

9.2.  Market Share & Forecast

9.2.1.     By Battery Type

9.2.2.     By Application

9.2.3.     By Bus Length

9.2.4.     By Seating Capacity

9.2.5.     By Country (United States; Canada; Mexico)

9.3.  North America: Country Analysis

9.3.1.     United States Electric Bus Market Outlook

9.3.1.1.         Market Size & Forecast

9.3.1.1.1.             By Value & Volume

9.3.1.2.         Market Share & Forecast

9.3.1.2.1.             By Battery Type

9.3.1.2.2.             By Application

9.3.1.2.3.             By Bus Length

9.3.1.2.4.             By Seating Capacity

9.3.1.3.         Pricing Analysis

9.3.2.     Canada Electric Bus Market Outlook

9.3.2.1.         Market Size & Forecast

9.3.2.1.1.             By Value & Volume

9.3.2.2.         Market Share & Forecast

9.3.2.2.1.             By Battery Type

9.3.2.2.2.             By Application

9.3.2.2.3.             By Bus Length

9.3.2.2.4.             By Seating Capacity

9.3.2.3.         Pricing Analysis

9.3.3.     Mexico Electric Bus Market Outlook

9.3.3.1.         Market Size & Forecast

9.3.3.1.1.             By Value & Volume

9.3.3.2.         Market Share & Forecast

9.3.3.2.1.             By Battery Type

9.3.3.2.2.             By Application

9.3.3.2.3.             By Bus Length

9.3.3.2.4.             By Seating Capacity

9.3.3.3.         Pricing Analysis

10.  Middle East and Africa Electric Bus Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value & Volume

10.2.              Market Share & Forecast

10.2.1.  By Battery Type

10.2.2.  By Application

10.2.3.  By Bus Length

10.2.4.  By Seating Capacity

10.2.5.  By Country (Saudi Arabia, United Arab Emirates, and Rest of Middle East)

10.3.              Middle East and Africa: Country Analysis

10.3.1.  Saudi Arabia Electric Bus Market Outlook

10.3.1.1.      Market Size & Forecast

10.3.1.1.1.           By Value & Volume

10.3.1.2.      Market Share & Forecast

10.3.1.2.1.           By Battery Type

10.3.1.2.2.           By Application

10.3.1.2.3.           By Bus Length

10.3.1.2.4.           By Seating Capacity

10.3.1.3.      Pricing Analysis

10.3.2.  United Arab Emirates Electric Bus Market Outlook

10.3.2.1.      Market Size & Forecast

10.3.2.1.1.           By Value & Volume

10.3.2.2.      Market Share & Forecast

10.3.2.2.1.           By Battery Type

10.3.2.2.2.           By Application

10.3.2.2.3.           By Bus Length

10.3.2.2.4.           By Seating Capacity

10.3.2.3.      Pricing Analysis

11.  Product Benchmarking

12.  Market Dynamics

12.1.              Drivers

12.2.              Challenges

13.  Market Trends & Developments

14.  Competitive Landscape

14.1.              Zhengzhou Yutong Bus Co., Ltd.

14.2.              BYD Auto Co., Ltd.

14.3.              VDL Groep

14.4.              Solaris Bus & Coach sp. z o.o.

14.5.              Zhejiang CRRC Electric Vehicle Co., Ltd.

14.6.              Zhongtong Bus Holding Co., Ltd.

14.7.              Higer Bus Company Limited

14.8.              Anhui Ankai Automobile Co., Ltd.

14.9.              King Long United Automotive Industry Co., Ltd.

14.10.            Beiqi Foton Motor Co., Ltd.

15.  Strategic Recommendations

16.  About Us & Disclaimer

Figures and Tables

Figure 1:   Global Electric Bus Market - Factors Influencing Purchase Decision (N=100)

Figure 2:   Global Electric Bus Market - Influencer of Purchase (N=100)

Figure 3:   Global Electric Bus Market - Aided Brand Recall (N=100)

Figure 4:   Global Electric Bus Market - Unaided Brand Recall (N=100)

Figure 5:   Global Electric Bus Market Brand Satisfaction Level (N=100)

Figure 6:   Global Electric Bus Market Size, By Value (USD Billion), By Volume (Units) 2016-2026F

Figure 7:   Global Electric Bus Market Share, By Battery Type, By Volume, 2016-2026F

Figure 8:   Global Electric Bus Market Share, By Application, By Volume, 2016-2026F

Figure 9:   Global Electric Bus Market Share, By Bus Length, By Volume, 2016-2026F

Figure 10:  Global Electric Bus Market Share, By Seating Capacity, By Volume, 2016-2026F

Figure 11:  Global Electric Bus Market Share, By Region, By Volume, 2016-2026F

Figure 12:  Global Electric Bus Market Share, By Company, By Volume, 2020

Figure 13:   Asia-Pacific Electric Bus Market Size, By Value (USD Billion), By Volume (Units) 2016-2026F

Figure 14:   Asia-Pacific Electric Bus Market Share, By Battery Type, By Volume, 2016-2026F

Figure 15:   Asia-Pacific Electric Bus Market Share, By Application, By Volume, 2016-2026F

Figure 16:   Asia-Pacific Electric Bus Market Share, By Bus Length, By Volume, 2016-2026F

Figure 17:   Asia-Pacific Electric Bus Market Share, By Seating Capacity, By Volume, 2016-2026F

Figure 18:   Asia-Pacific Electric Bus Market Share, By Country, By Volume, 2016-2026F

Figure 19:   China Electric Bus Market Size, By Value (USD Billion), By Volume (Units) 2016-2026F

Figure 20:   China Electric Bus Market Share, By Battery Type, By Volume, 2016-2026F

Figure 21:   China Electric Bus Market Share, By Application, By Volume, 2016-2026F

Figure 22:   China Electric Bus Market Share, By Bus Length, By Volume, 2016-2026F

Figure 23:   China Electric Bus Market Share, By Seating Capacity, By Volume, 2016-2026F

Figure 24:   India Electric Bus Market Size, By Value (USD Billion), By Volume (Units) 2016-2026F

Figure 25:   India Electric Bus Market Share, By Battery Type, By Volume, 2016-2026F

Figure 26:   India Electric Bus Market Share, By Application, By Volume, 2016-2026F

Figure 27:   India Electric Bus Market Share, By Bus Length, By Volume, 2016-2026F

Figure 28:   India Electric Bus Market Share, By Seating Capacity, By Volume, 2016-2026F

Figure 29:   Japan Electric Bus Market Size, By Value (USD Billion), By Volume (Units) 2016-2026F

Figure 30:   Japan Electric Bus Market Share, By Battery Type, By Volume, 2016-2026F

Figure 31:   Japan Electric Bus Market Share, By Application, By Volume, 2016-2026F

Figure 32:   Japan Electric Bus Market Share, By Bus Length, By Volume, 2016-2026F

Figure 33:   Japan Electric Bus Market Share, By Seating Capacity, By Volume, 2016-2026F

Figure 34:   Singapore Electric Bus Market Size, By Value (USD Billion), By Volume (Units) 2016-2026F

Figure 35:   Singapore Electric Bus Market Share, By Battery Type, By Volume, 2016-2026F

Figure 36:   Singapore Electric Bus Market Share, By Application, By Volume, 2016-2026F

Figure 37:   Singapore Electric Bus Market Share, By Bus Length, By Volume, 2016-2026F

Figure 38:   Singapore Electric Bus Market Share, By Seating Capacity, By Volume, 2016-2026F

Figure 39:   Europe Electric Bus Market Size, By Value (USD Billion), By Volume (Units) 2016-2026F

Figure 40:   Europe Electric Bus Market Share, By Battery Type, By Volume, 2016-2026F

Figure 41:   Europe Electric Bus Market Share, By Application, By Volume, 2016-2026F

Figure 42:   Europe Electric Bus Market Share, By Bus Length, By Volume, 2016-2026F

Figure 43:   Europe Electric Bus Market Share, By Seating Capacity, By Volume, 2016-2026F

Figure 44:   Europe Electric Bus Market Share, By Country, By Volume, 2016-2026F

Figure 45:   United Kingdom Electric Bus Market Size, By Value (USD Billion), By Volume (Units) 2016-2026F

Figure 46:   United Kingdom Electric Bus Market Share, By Battery Type, By Volume, 2016-2026F

Figure 47:   United Kingdom Electric Bus Market Share, By Application, By Volume, 2016-2026F

Figure 48:   United Kingdom Electric Bus Market Share, By Bus Length, By Volume, 2016-2026F

Figure 49:   United Kingdom Electric Bus Market Share, By Seating Capacity, By Volume, 2016-2026F

Figure 50:   France Electric Bus Market Size, By Value (USD Billion), By Volume (Units) 2016-2026F

Figure 51:   France Electric Bus Market Share, By Battery Type, By Volume, 2016-2026F

Figure 52:   France Electric Bus Market Share, By Application, By Volume, 2016-2026F

Figure 53:   France Electric Bus Market Share, By Bus Length, By Volume, 2016-2026F

Figure 54:   France Electric Bus Market Share, By Seating Capacity, By Volume, 2016-2026F

Figure 55:   Poland Electric Bus Market Size, By Value (USD Billion), By Volume (Units) 2016-2026F

Figure 56:   Poland Electric Bus Market Share, By Battery Type, By Volume, 2016-2026F

Figure 57:   Poland Electric Bus Market Share, By Application, By Volume, 2016-2026F

Figure 58:   Poland Electric Bus Market Share, By Bus Length, By Volume, 2016-2026F

Figure 59:   Poland Electric Bus Market Share, By Seating Capacity, By Volume, 2016-2026F

Figure 60:   Turkey Electric Bus Market Size, By Value (USD Billion), By Volume (Units) 2016-2026F

Figure 61:   Turkey Electric Bus Market Share, By Battery Type, By Volume, 2016-2026F

Figure 62:   Turkey Electric Bus Market Share, By Application, By Volume, 2016-2026F

Figure 63:   Turkey Electric Bus Market Share, By Bus Length, By Volume, 2016-2026F

Figure 64:   Turkey Electric Bus Market Share, By Seating Capacity, By Volume, 2016-2026F

Figure 65:   Germany Electric Bus Market Size, By Value (USD Billion), By Volume (Units) 2016-2026F

Figure 66:   Germany Electric Bus Market Share, By Battery Type, By Volume, 2016-2026F

Figure 67:   Germany Electric Bus Market Share, By Application, By Volume, 2016-2026F

Figure 68:   Germany Electric Bus Market Share, By Bus Length, By Volume, 2016-2026F

Figure 69:   Germany Electric Bus Market Share, By Seating Capacity, By Volume, 2016-2026F

Figure 70:   Austria Electric Bus Market Size, By Value (USD Billion), By Volume (Units) 2016-2026F

Figure 71:   Austria Electric Bus Market Share, By Battery Type, By Volume, 2016-2026F

Figure 72:   Austria Electric Bus Market Share, By Application, By Volume, 2016-2026F

Figure 73:   Austria Electric Bus Market Share, By Bus Length, By Volume, 2016-2026F

Figure 74:   Austria Electric Bus Market Share, By Seating Capacity, By Volume, 2016-2026F

Figure 75:   Spain Electric Bus Market Size, By Value (USD Billion), By Volume (Units) 2016-2026F

Figure 76:   Spain Electric Bus Market Share, By Battery Type, By Volume, 2016-2026F

Figure 77:   Spain Electric Bus Market Share, By Application, By Volume, 2016-2026F

Figure 78:   Spain Electric Bus Market Share, By Bus Length, By Volume, 2016-2026F

Figure 79:   Spain Electric Bus Market Share, By Seating Capacity, By Volume, 2016-2026F

Figure 80:   North America Electric Bus Market Size, By Value (USD Billion), By Volume (Units) 2016-2026F

Figure 81:   North America Electric Bus Market Share, By Battery Type, By Volume, 2016-2026F

Figure 82:   North America Electric Bus Market Share, By Application, By Volume, 2016-2026F

Figure 83:   North America Electric Bus Market Share, By Bus Length, By Volume, 2016-2026F

Figure 84:   North America Electric Bus Market Share, By Seating Capacity, By Volume, 2016-2026F

Figure 85:   North America Electric Bus Market Share, By Country, By Volume, 2016-2026F

Figure 86:   United States Electric Bus Market Size, By Value (USD Billion), By Volume (Units) 2016-2026F

Figure 87:   United States Electric Bus Market Share, By Battery Type, By Volume, 2016-2026F

Figure 88:   United States Electric Bus Market Share, By Application, By Volume, 2016-2026F

Figure 89:   United States Electric Bus Market Share, By Bus Length, By Volume, 2016-2026F

Figure 90:   United States Electric Bus Market Share, By Seating Capacity, By Volume, 2016-2026F

Figure 91:   Canada Electric Bus Market Size, By Value (USD Billion), By Volume (Units) 2016-2026F

Figure 92:   Canada Electric Bus Market Share, By Battery Type, By Volume, 2016-2026F

Figure 93:   Canada Electric Bus Market Share, By Application, By Volume, 2016-2026F

Figure 94:   Canada Electric Bus Market Share, By Bus Length, By Volume, 2016-2026F

Figure 95:   Canada Electric Bus Market Share, By Seating Capacity, By Volume, 2016-2026F

Figure 96:   Mexico Electric Bus Market Size, By Value (USD Billion), By Volume (Units) 2016-2026F

Figure 97:   Mexico Electric Bus Market Share, By Battery Type, By Volume, 2016-2026F

Figure 98:   Mexico Electric Bus Market Share, By Application, By Volume, 2016-2026F

Figure 99:   Mexico Electric Bus Market Share, By Bus Length, By Volume, 2016-2026F

Figure 100: Mexico Electric Bus Market Share, By Seating Capacity, By Volume, 2016-2026F

Figure 101: Middle East & Africa Electric Bus Market Size, By Value (USD Billion), By Volume (Units) 2016-2026F

Figure 102: Middle East & Africa Electric Bus Market Share, By Battery Type, By Volume, 2016-2026F

Figure 103: Middle East & Africa Electric Bus Market Share, By Application, By Volume, 2016-2026F

Figure 104: Middle East & Africa Electric Bus Market Share, By Bus Length, By Volume, 2016-2026F

Figure 105: Middle East & Africa Electric Bus Market Share, By Seating Capacity, By Volume, 2016-2026F

Figure 106: Middle East & Africa Electric Bus Market Share, By Country, By Volume, 2016-2026F

Figure 107: Saudi Arabia Electric Bus Market Size, By Value (USD Billion), By Volume (Units) 2016-2026F

Figure 108: Saudi Arabia Electric Bus Market Share, By Battery Type, By Volume, 2016-2026F

Figure 109: Saudi Arabia Electric Bus Market Share, By Application, By Volume, 2016-2026F

Figure 110: Saudi Arabia Electric Bus Market Share, By Bus Length, By Volume, 2016-2026F

Figure 111: Saudi Arabia Electric Bus Market Share, By Seating Capacity, By Volume, 2016-2026F

Figure 112: United Arab Emirates Electric Bus Market Size, By Value (USD Billion), By Volume (Units) 2016-2026F

Figure 113: United Arab Emirates Electric Bus Market Share, By Battery Type, By Volume, 2016-2026F

Figure 114: United Arab Emirates Electric Bus Market Share, By Application, By Volume, 2016-2026F

Figure 115: United Arab Emirates Electric Bus Market Share, By Bus Length, By Volume, 2016-2026F

Figure 116: United Arab Emirates Electric Bus Market Share, By Seating Capacity, By Volume, 2016-2026F

 

List of Tables

Table 1:    China Electric Bus Market, Pricing Analysis, 2020

Table 2:    India Electric Bus Market, Pricing Analysis, 2020

Table 3:    Japan Electric Bus Market, Pricing Analysis, 2020

Table 4:    Singapore Electric Bus Market, Pricing Analysis, 2020

Table 5:    United Kingdom Electric Bus Market, Pricing Analysis, 2020

Table 6:    France Electric Bus Market, Pricing Analysis, 2020

Table 7:    Poland Electric Bus Market, Pricing Analysis, 2020

Table 8:    Turkey Electric Bus Market, Pricing Analysis, 2020

Table 9:    Germany Electric Bus Market, Pricing Analysis, 2020

Table 10:  Austria Electric Bus Market, Pricing Analysis, 2020

Table 11:  Spain Electric Bus Market, Pricing Analysis, 2020

Table 12:  United States Electric Bus Market, Pricing Analysis, 2020

Table 13:  Canada Electric Bus Market, Pricing Analysis, 2020

Table 14:  Mexico Electric Bus Market, Pricing Analysis, 2020

Table 15:  Saudi Arabia Electric Bus Market, Pricing Analysis, 2020

Table 16:  United Arab Emirates Electric Bus Market, Pricing Analysis, 2020

Frequently asked questions

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Due to presence of various automobile manufacturing companies as well as established electric vehicle infrastructure, China is the country that generates most demand for electric bus.

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Due to reliability of larger ranges and better engine performances, lithium ion powered buses are still more preferable to European customers as compared to electric ones. Moreover, the electrolyte in a typical lead-acid battery is made up of approximately 36% sulfuric acid and 64% water. This acid solution is very harmful & requires a lot of maintenance. Additionally, when a lead-acid battery is recharged, some of the electrolyte may evaporate and hydrogen gas gets escaped from the battery cell vents. Hydrogen gas is flammable, so lead-acid batteries should be stored and recharged away from any sources of fire or flame. These are the reasons affecting the usage of lead acid batteries in automotive sector.

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Singapore, among all other countries is the fastest growing electric bus market across the globe. The country grew with a historic CAGR of 163.21% till 2020 and is expected to grow at a robust pace of 96.22% CAGR by volume through the forecast years.

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BYD, VDL Bus & Coach and Yutong Bus are the top three market players as of 2020. These companies have their distributor & dealer network widely spread across the globe. Moreover, they are focusing on mergers & tie-ups with various fleet owners & municipal enterprises to gain market penetration as well as are actively involved in promotive activities and hence, are generating good revenue as compared to other companies operating globally.

Related Reports

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Srishti Verma

Business Consultant
Press Release

Electric Bus Market to Register a Growth of 11.20% CAGR by Volume through 2026

May, 2021

Rapid adoption of EVs by transit agencies due to lower ownership costs are expected to drive the global electric bus market through the forecast period.

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