Market Overview:
The global bus EPS market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for buses across the globe and rising awareness about environment-friendly transportation options. Based on type, the global bus EPS market is segmented into C-EPS, P-EPS, and R-EPS. The C-EPS segment is expected to account for the largest share of the global bus EPS market in 2018. This segment is projected to grow at a CAGR of 6% from 2018 to 2030 due to its high thermal insulation properties and low weight. Based on application, the global bus EPS market is divided into single decker buses and double decker buses. The single decker buses segment accounted for majority of the share in 2017 and this trend is projected continue during forecast period owing rising demand for these vehicles across developing countries such as India, China, Brazil etc.
Product Definition:
A bus EPS is a power supply that provides power to several devices. It is important because it allows several devices to share power and saves space.
C-EPS:
C-EPS is a new type of energy storage device that uses compressed air as its working medium. It has the ability to charge and discharge in less time than traditional batteries, which makes it an attractive option for applications such as traffic light control or electric vehicle supply equipment. The growing need for efficient power generation and distribution systems is expected to drive the C-EPS market growth over the forecast period.
P-EPS:
The global power electronics market is expected to grow at a CAGR of XX% from 2016 to 2024. The growth can be attributed to the increasing demand for energy-efficient and eco-friendly products across the globe. Power Electronics are devices that convert electrical energy into useful forms, which further helps in improving efficiency & performance of electric vehicles (EV).
Application Insights:
Single-decker bus accounted for the largest share of over 80.0% in 2017 owing to its low cost, easy maintenance and operation, and wide application scope including city buses, long-distance buses, tourist buses, chartering services among others. The segment is expected to expand at a CAGR of XX% from 2018 to 2030 due to increasing demand from end users such as cities & townships or transit systems that are looking for economical solutions while acquiring new vehicles or replacing their aging fleet.
The double-decker bus segment is projected register the fastest CAGR during the forecast period owing to its high capacity (for several passengers), better aesthetics when compared with other types of commercial vehicles such as trucks and heavy motorbikes (motorcoaches).
Regional Analysis:
Asia Pacific dominated the global bus eps market in terms of revenue with a share of over 40.0% in 2017. The region is expected to witness significant growth over the forecast period owing to increasing number of private and public transport services, coupled with rising disposable income and population.
The growing middle-class population along with rapid urbanization has resulted in an increase demand for public transportation across Asia Pacific countries such as India, China, Indonesia, Malaysia and Thailand among others.
Europe was valued at USD X billion in 2017 owing to high demand for energy-efficient products particularly across Germany (the largest European country), U K.
Growth Factors:
- Increasing demand for public transportation: The increasing population and the consequent increase in the number of commuters is one of the primary growth drivers for bus EPS market.
- Government initiatives to promote public transportation: Governments across various countries are promoting public transportation through various initiatives such as subsidies, tax benefits, and investment in infrastructure development. This is expected to drive the bus EPS market during the forecast period.
- Development of smart cities: The development of smart cities is another major factor that is expected to drive the bus EPS market during the forecast period. Smart city projects involve installation of advanced technologies such as intelligent transport systems (ITS), which use sensors and communication devices to manage traffic congestion and improve safety on roads. This is expected to create opportunities for players operating in this market during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Bus EPS Market Research Report
By Type
C-EPS, P-EPS, R-EPS
By Application
Single-decker Bus, Double-decker Bus
By Companies
JTEKT, NSK, Nexteer, ZF, Mobis, Showa, Thyssenkrupp, Mando
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
222
Number of Tables & Figures
156
Customization Available
Yes, the report can be customized as per your need.
Global Bus EPS Market Report Segments:
The global Bus EPS market is segmented on the basis of:
Types
C-EPS, P-EPS, R-EPS
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
Single-decker Bus, Double-decker Bus
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:
- JTEKT
- NSK
- Nexteer
- ZF
- Mobis
- Showa
- Thyssenkrupp
- Mando
Highlights of The Bus EPS 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:
- C-EPS
- P-EPS
- R-EPS
- By Application:
- Single-decker Bus
- Double-decker Bus
- 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 Bus EPS 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?
Bus EPS is a bus-based energy management system that helps reduce energy consumption in buses. It uses sensors to detect when the bus is idle and when it's in motion, and then adjusts the air conditioning, lighting, and other systems accordingly.
Some of the key players operating in the bus eps market are JTEKT, NSK, Nexteer, ZF, Mobis, Showa, Thyssenkrupp, Mando.
The bus eps market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bus EPS Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Bus EPS Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Bus EPS Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Bus EPS Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Bus EPS Market Size & Forecast, 2020-2028
4.5.1 Bus EPS Market Size and Y-o-Y Growth
4.5.2 Bus EPS Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 C-EPS
5.2.2 P-EPS
5.2.3 R-EPS
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Single-decker Bus
6.2.2 Double-decker Bus
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bus EPS Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Bus EPS Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 C-EPS
9.6.2 P-EPS
9.6.3 R-EPS
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Single-decker Bus
9.10.2 Double-decker Bus
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 C-EPS
10.6.2 P-EPS
10.6.3 R-EPS
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Single-decker Bus
10.10.2 Double-decker Bus
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 C-EPS
11.6.2 P-EPS
11.6.3 R-EPS
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Single-decker Bus
11.10.2 Double-decker Bus
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 C-EPS
12.6.2 P-EPS
12.6.3 R-EPS
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Single-decker Bus
12.10.2 Double-decker Bus
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 C-EPS
13.6.2 P-EPS
13.6.3 R-EPS
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Single-decker Bus
13.10.2 Double-decker Bus
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Bus EPS Market: Competitive Dashboard
14.2 Global Bus EPS Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 JTEKT
14.3.2 NSK
14.3.3 Nexteer
14.3.4 ZF
14.3.5 Mobis
14.3.6 Showa
14.3.7 Thyssenkrupp
14.3.8 Mando
