Italy electric bus market is expected to grow at a steady rate during the forecast period. The government is focusing on innovations related to technology, in order to tackle the issues of the environment and to offer advanced services to customers. Moreover, increasing urbanization, rising levels of pollution, global warming and depletion of fossil fuels are some of the important factors driving Italy electric bus market. Thus, in order to curb the perils of air pollution, countries are focusing on the use of electric buses. Furthermore, technological advancements and adoption of high-end batteries is anticipated to cut down the cost of electronic buses by almost 20% by 2024. Growing number of bus manufactures in the country is positively influencing Italy electric bus market. For instance, BYD Company Ltd. set up a new electric bus manufacturing plant at Komarom, Hungary, in order to cater to the growing demand for electric buses in Europe.
The Italy electric bus market is segmented based on seating type, battery type, application, bus length, region and company. Based on seating type, the market can be segmented into up to 30-seater, 31-40-seater and above 40. The up to 30-seater seater segment is expected to hold significant market share during the forecast period on account of easy boarding, even with a stroller or wheelchair. Additionally, it can easily store a large volume of luggage. Based on battery type, the market can be bifurcated into lead acid and lithium ion, of which the latter is anticipated to dominate the market owing to its excellent thermal stability, long lifespan, and faster charging time.
The major players operating in the electric bus market are Solaris, BYD (Italy) Co, Ltd., Mercedes-Benz Italia S.p.A, ATM Milano and Inveco Bus. Major companies are developing advanced technologies and launching new products in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments.
Years considered for this report:
Historical Years: 2017
Base Year: 2018
Estimated Year: 2019
Forecast Period: 2020–2024
Objective of the
- To analyze and forecast the market size of Italy
electric bus market.
- To classify and forecast Italy electric bus
market based on seating capacity, battery type, application, bus length, company
and regional distribution.
- To identify drivers and challenges for Italy
electric bus market.
- To examine competitive developments such as
expansions, new product launches, mergers & acquisitions, etc., in Italy
electric bus market.
- To conduct pricing analysis for Italy electric
- To identify and analyze the profile of leading
players operating in Italy electric bus market.
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TechSci Research performed both primary as well as
exhaustive secondary research for this study. Initially, TechSci Research
sourced a list of electric bus manufacturers across the country. 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 could include the players
which could not be identified due to the limitations of secondary research.
TechSci Research analyzed the manufacturers, distribution channels and presence
of all major players across the country.
TechSci Research calculated the market size of Italy electric bus market by using a bottom-up approach, wherein data for various end-user segments
was recorded and forecast for the future years. TechSci Research sourced these
values from the industry experts and company representatives and externally
validated through analyzing historical data of these product types and
applications for getting an appropriate, overall market size. Various secondary
sources such as company websites, news articles, press releases, company annual
reports, investor presentations and financial reports were also studied by
Key Target Audience:
- Electric bus manufacturers
- Market research and
- Government bodies such as
regulating authorities and policy makers
- Organizations, forums and
alliances related to electric bus
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
In this report, Italy electric bus
market has been segmented into following categories, in addition to the
industry trends which have also been detailed below:
- Market, By Seating Capacity:
- Up to 30-Seater
- Above 40
- Market, By Battery Type:
- Market, By Application:
- Market, By Region:
- South Islands
Company Profiles: Detailed analysis of the major
companies present in Italy electric bus market.
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:
It is an upcoming report to
be released soon. If you wish an early delivery of this report or want to
confirm the date of release, please contact us at [email protected]
- Detailed analysis and
profiling of additional market players (up to five).