Singapore electric bus market is expected to grow at a steady rate during the forecast period. Unlike traditional diesel-powered buses, which are fitted with internal combustion engines, electric buses have zero-emissions and produce less noise. Electric buses are not only more reliable than convention vehicles but also offer a smooth and comfortable ride. Lower emissions, improved air quality and lower total cost of ownership are the major factors driving Singapore electric bus market. Additionally, growing need to reduce dependency on fossil fuels is further spurring electric bus market in Singapore. Electric buses have zero emissions and are more environmentally friendly compared to conventional buses. Their ability to reduce greenhouse gases emissions will lead to their increased adoption during the forecast period.

The Singapore electric bus market is segmented based on seating type, battery type, application, bus length, region and company. Based on battery type, the market can be segmented into lead acid and lithium ion. Lithium ion battery segment is expected to grow at a faster pace owing to their high energy density and increased power per mass battery unit. Based on length, the market can be fragmented into 6-8m, 9-12m and above 12m. The 9-12m segment is expected to dominate the market since this is the standard size for the buses. The major players operating in Electric bus market are BYD (Singapore) Pte. Ltd., ST Engineering Land Systems, Volvo, Ebus and others. Major companies are developing advanced technologies and launching new products in order to stay competitive in the country’s electric bus market.

Years considered for this report:

Historical Year: 2017

Base Year: 2018

Estimated Year: 2019

Forecast Period: 2020–2024

Objective of the Study:

  • To analyze and forecast the market size of Singapore electric bus market.
  • To classify and forecast Singapore electric bus market based on seating capacity, battery type, application, bus length, company and regional distribution.
  • To identify drivers and challenges for Singapore electric bus market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Singapore electric bus market.
  • To conduct pricing analysis for Singapore electric bus market.
  • To identify and analyze the profile of leading players operating in Singapore 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/suppliers operating in Singapore. 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 market 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 Singapore electric bus market 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 TechSci Research.


Key Target Audience:

  • Electric Bus manufacturers and suppliers
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums and alliances related to electric bus market
  • 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, Singapore 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
    • 31-40-Seater
    • Above 40
  • Market, By Battery Type:
    • Lead Acid
    • Lithium Ion
  • Market, By Application:
    • Intercity
    • Intracity
    • Airport Bus
  • Market, By Bus Length:
    • 6-8m
    • 9-12m
    • Above 12m
  • Region:
    • South West CDC
    • North East CDC
    • Central Singapore CDC

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Singapore 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).
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 sales@techsciresearch.com 

In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com

1.     Product Overview

2.     Research Methodology

3.     Executive Summary

4.     Singapore Electric Bus Market Outlook

4.1.   Market Size & Forecast

4.1.1. By Value & Volume

4.2.   Market Share & Forecast

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

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

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

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

4.2.5. By Region

4.2.6. By Company (2018)

4.3.   Market Attractiveness Index

4.4.   Pricing Analysis

5.     Singapore Electric Bus Up to 30-Seater Market Outlook

5.1.   Market Size & Forecast

5.1.1. By Value & Volume          

5.2.   Market Share & Forecast

5.2.1. By Battery Type

5.2.2. By Application

5.2.3. By Bus Length

5.3.   Pricing Analysis

6.     Singapore Electric Bus 31- 40-Seater Market Outlook

6.1.   Market Size & Forecast

6.1.1. By Value & Volume          

6.2.   Market Share & Forecast

6.2.1. By Battery Type

6.2.2. By Application

6.2.3. By Bus Length

6.3.   Pricing Analysis

7.     Singapore Electric Bus Above 40-Seater Market Outlook

7.1.   Market Size & Forecast

7.1.1. By Value & Volume          

7.2.   Market Share & Forecast

7.2.1. By Battery Type

7.2.2. By Application

7.2.3. By Bus Length

7.3.   Pricing Analysis

8.     Product Benchmarking

9.     Market Dynamics

9.1.   Drivers

9.2.   Challenges

10.  Market Trends & Developments

11.  Policy & Regulatory Landscape

12.  Singapore Economic Profile

13.  Competitive Landscape

14.  Strategic Recommendations

(Note: The companies list can be customized based on the client requirements)

In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com