The global electric drive buses market is expected to grow at a CAGR of around 10.5% during the forecast period, from 2021 to 2030. The growth in this market can be attributed to the increasing demand for electric vehicles and the need for sustainable transportation solutions. Electric buses are considered as one of the most sustainable modes of transportation due to their low emissions and fuel consumption rates. The major factors driving this market are government regulations, rising environmental concerns, and technological advancements in battery technology.
The global electric drive buses market is segmented on the basis of type into hybrid electric, plug-in hybrid electric, battery electric; on application into transit buses, school buses, coach buses; and by region into North America (NA), Latin America (LA), Europe (EU), Asia Pacific (APAC) and Middle East & Africa (MEA).
- The electric drive buses market is expected to grow at a CAGR of over 10% during the forecast period.
- The increasing demand for electric vehicles and the need to reduce greenhouse gas emissions are some of the factors driving this market's growth.
- The lack of charging infrastructure in developing countries is a major challenge for this market's growth, as it limits the adoption of electric vehicles in these regions.
- Increasing government regulations on fuel efficiency and emission standards are also driving this market's growth, as they encourage manufacturers to produce more efficient vehicles that emit less pollutants into the environment, which includes electric buses as well.
- Electric buses have lower operating costs than diesel or natural gas-powered buses due to their low maintenance costs and reduced fuel consumption.
Industry Growth Insights published a new data on “Electric Drive Buses Market”. The research report is titled “Electric Drive Buses Market research by Types (Hybrid Electric, Plug-in Hybrid Electric, Battery Electric), By Applications (Transit Buses, School Buses, Coach Buses, Others), By Players/Companies Proterra, EBus, ElDorado National, GILLIG, IC Bus, NABI, New Flyer Industries, Nova Bus, Trans Tech, Alexander Dennis, Ashok Leyland, BYD, Daimler, Optare, Tata Motors, Van Hool, Wright Bus”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Electric Drive Buses Market Research Report
By Type
Hybrid Electric, Plug-in Hybrid Electric, Battery Electric
By Application
Transit Buses, School Buses, Coach Buses, Others
By Companies
Proterra, EBus, ElDorado National, GILLIG, IC Bus, NABI, New Flyer Industries, Nova Bus, Trans Tech, Alexander Dennis, Ashok Leyland, BYD, Daimler, Optare, Tata Motors, Van Hool, Wright Bus
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Electric Drive Buses Market Report Segments:
The global Electric Drive Buses market is segmented on the basis of:
Types
Hybrid Electric, Plug-in Hybrid Electric, Battery Electric
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Transit Buses, School Buses, Coach Buses, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Proterra
- EBus
- ElDorado National
- GILLIG
- IC Bus
- NABI
- New Flyer Industries
- Nova Bus
- Trans Tech
- Alexander Dennis
- Ashok Leyland
- BYD
- Daimler
- Optare
- Tata Motors
- Van Hool
- Wright Bus
Highlights of The Electric Drive Buses Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Hybrid Electric
- Plug-in Hybrid Electric
- Battery Electric
- By Application:
- Transit Buses
- School Buses
- Coach Buses
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electric Drive Buses Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Electric drive buses are buses that use electric motors to power their wheels. This type of bus is more environmentally friendly than traditional diesel buses, as they do not produce emissions. Electric drive buses are also quieter and smoother than diesel-powered buses, making them a popular choice for urban routes.
Some of the key players operating in the electric drive buses market are Proterra, EBus, ElDorado National, GILLIG, IC Bus, NABI, New Flyer Industries, Nova Bus, Trans Tech, Alexander Dennis, Ashok Leyland, BYD, Daimler, Optare, Tata Motors, Van Hool, Wright Bus.
The electric drive buses market is expected to register a CAGR of 10.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Electric Drive Buses Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Electric Drive Buses Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Electric Drive Buses Market - Supply Chain
4.5. Global Electric Drive Buses Market Forecast
4.5.1. Electric Drive Buses Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Electric Drive Buses Market Size (000 Units) and Y-o-Y Growth
4.5.3. Electric Drive Buses Market Absolute $ Opportunity
5. Global Electric Drive Buses Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Electric Drive Buses Market Size and Volume Forecast by Type
5.3.1. Hybrid Electric
5.3.2. Plug-in Hybrid Electric
5.3.3. Battery Electric
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Electric Drive Buses Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Electric Drive Buses Market Size and Volume Forecast by Application
6.3.1. Transit Buses
6.3.2. School Buses
6.3.3. Coach Buses
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Electric Drive Buses Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Electric Drive Buses Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Electric Drive Buses Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Electric Drive Buses Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Electric Drive Buses Demand Share Forecast, 2019-2026
9. North America Electric Drive Buses Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Electric Drive Buses Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Electric Drive Buses Market Size and Volume Forecast by Application
9.4.1. Transit Buses
9.4.2. School Buses
9.4.3. Coach Buses
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Electric Drive Buses Market Size and Volume Forecast by Type
9.7.1. Hybrid Electric
9.7.2. Plug-in Hybrid Electric
9.7.3. Battery Electric
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Electric Drive Buses Demand Share Forecast, 2019-2026
10. Latin America Electric Drive Buses Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Electric Drive Buses Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Electric Drive Buses Market Size and Volume Forecast by Application
10.4.1. Transit Buses
10.4.2. School Buses
10.4.3. Coach Buses
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Electric Drive Buses Market Size and Volume Forecast by Type
10.7.1. Hybrid Electric
10.7.2. Plug-in Hybrid Electric
10.7.3. Battery Electric
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Electric Drive Buses Demand Share Forecast, 2019-2026
11. Europe Electric Drive Buses Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Electric Drive Buses Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Electric Drive Buses Market Size and Volume Forecast by Application
11.4.1. Transit Buses
11.4.2. School Buses
11.4.3. Coach Buses
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Electric Drive Buses Market Size and Volume Forecast by Type
11.7.1. Hybrid Electric
11.7.2. Plug-in Hybrid Electric
11.7.3. Battery Electric
11.8. Basis Point Shar (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Electric Drive Buses Demand Share, 2019-2026
12. Asia Pacific Electric Drive Buses Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Electric Drive Buses Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Electric Drive Buses Market Size and Volume Forecast by Application
12.4.1. Transit Buses
12.4.2. School Buses
12.4.3. Coach Buses
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Electric Drive Buses Market Size and Volume Forecast by Type
12.7.1. Hybrid Electric
12.7.2. Plug-in Hybrid Electric
12.7.3. Battery Electric
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Electric Drive Buses Demand Share, 2019-2026
13. Middle East & Africa Electric Drive Buses Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Electric Drive Buses Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Electric Drive Buses Market Size and Volume Forecast by Application
13.4.1. Transit Buses
13.4.2. School Buses
13.4.3. Coach Buses
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Electric Drive Buses Market Size and Volume Forecast by Type
13.7.1. Hybrid Electric
13.7.2. Plug-in Hybrid Electric
13.7.3. Battery Electric
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Electric Drive Buses Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Electric Drive Buses Market: Market Share Analysis
14.2. Electric Drive Buses Distributors and Customers
14.3. Electric Drive Buses Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Proterra
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. EBus
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. ElDorado National
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. GILLIG
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. IC Bus
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. NABI
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. New Flyer Industries
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Nova Bus
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Trans Tech
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Alexander Dennis
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Ashok Leyland
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. BYD
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Daimler
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Optare
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Tata Motors
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Van Hool
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Wright Bus
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
