Market Overview:
The global bus on-board charger market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for electric and hybrid vehicles, rising concerns over environmental pollution, and government initiatives toward the adoption of electric vehicles. Based on type, the global bus on-board charger market is segmented into 3.0 - 3.7 kw, higher than 3.7 kw, and lower than 3.0 kw segments.
Product Definition:
A bus on-board charger is a device that charges the battery of a bus while it is in operation. This device is important because it allows buses to operate without having to stop for extended periods of time to charge their batteries.
3.0 - 3.7 kw:
The global bus on-board charger market size was valued at USD 2.0 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period. The increasing demand for electric vehicles, which are powered by batteries, is one of the key factors driving growth in this market.
Increasing fuel prices across the globe have led to an increase in awareness regarding green energy and its benefits such as lower operating costs.
Higher than 3.7 kw:
The higher than 3.7 kw power supply is used in the bus on-board charger market. It is also known as off-board charger, which means it’s an external power source that plugs into a wall outlet and supplies electricity to charge the battery of a school or transit bus when it’s connected to an on-board charging station.
These chargers are equipped with smart technology that monitors the voltage and current flow between the vehicle battery.
Application Insights:
Based on the application, the market has been segmented into electric vehicles (EV), plug-in hybrid electric vehicles (PHEV) and diesel buses. The EV segment dominated the overall industry in terms of revenue in 2017 and is expected to maintain its dominance over the forecast period. Increasing demand for passenger travel by companies such as Uber, Ola Cabs and TaxiForSure is one of the key factors driving this growth. Rising sales of EVs are also supported by government initiatives such as subsidies that make EVs affordable for consumers. For instance, in 2016, U.K.
Regional Analysis:
Europe dominated the global bus on-board charger market in 2017. The region is expected to witness a CAGR of XX% during the forecast period. Increasing focus on reducing carbon footprint and growing adoption of electric vehicles are key factors driving the regional market growth. Furthermore, presence of major players such as Siemens AG, BMW Group, and ABB Ltd.
Asia Pacific is anticipated to emerge as one of the fastest-growing regions during the same period owing to increasing government initiatives for promoting eco-friendly transportation solutions along with rising investments by prominent players in developing economies such as China.
Growth Factors:
- Increasing demand for electric vehicles: The global market for electric vehicles is expected to grow at a CAGR of more than 14% during the forecast period. This will lead to an increase in the demand for bus on-board chargers.
- Government initiatives and subsidies: Governments across the globe are promoting the use of electric vehicles by providing subsidies and incentives. This is expected to drive the growth of the bus on-board charger market during the forecast period.
- Technological advancements: The bus on-board charger market is witnessing rapid technological advancements, with new products being launched regularly. This is helping vendors to expand their product portfolios and cater to a wider customer base.
Scope Of The Report
Report Attributes
Report Details
Report Title
Bus On-board Charger Market Research Report
By Type
3.0 - 3.7 kw, Higher than 3.7 kw, Lower than 3.0 kw
By Application
EV, PHEV
By Companies
BYD, Nichicon, Tesla, Infineon, Panasonic, Aptiv, LG, Lear, Dilong Technology, Kongsberg, Kenergy, Wanma, IES, Anghua, Lester, Tonhe Technology
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
182
Number of Tables & Figures
128
Customization Available
Yes, the report can be customized as per your need.
Global Bus On-board Charger Market Report Segments:
The global Bus On-board Charger market is segmented on the basis of:
Types
3.0 - 3.7 kw, Higher than 3.7 kw, Lower than 3.0 kw
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
EV, PHEV
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:
- BYD
- Nichicon
- Tesla
- Infineon
- Panasonic
- Aptiv
- LG
- Lear
- Dilong Technology
- Kongsberg
- Kenergy
- Wanma
- IES
- Anghua
- Lester
- Tonhe Technology
Highlights of The Bus On-board Charger 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:
- 3.0 - 3.7 kw
- Higher than 3.7 kw
- Lower than 3.0 kw
- By Application:
- EV
- PHEV
- 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 On-board Charger 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
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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?
A bus on-board charger is a device that plugs into an outlet and provides power to electronic devices such as phones, tablets, and laptops while the bus is in transit.
Some of the key players operating in the bus on-board charger market are BYD, Nichicon, Tesla, Infineon, Panasonic, Aptiv, LG, Lear, Dilong Technology, Kongsberg, Kenergy, Wanma, IES, Anghua, Lester, Tonhe Technology.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bus On-board Charger 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 On-board Charger Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Bus On-board Charger 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 On-board Charger 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 On-board Charger Market Size & Forecast, 2020-2028
4.5.1 Bus On-board Charger Market Size and Y-o-Y Growth
4.5.2 Bus On-board Charger 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 3.0 - 3.7 kw
5.2.2 Higher than 3.7 kw
5.2.3 Lower than 3.0 kw
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 EV
6.2.2 PHEV
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bus On-board Charger 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 On-board Charger 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 3.0 - 3.7 kw
9.6.2 Higher than 3.7 kw
9.6.3 Lower than 3.0 kw
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 EV
9.10.2 PHEV
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 3.0 - 3.7 kw
10.6.2 Higher than 3.7 kw
10.6.3 Lower than 3.0 kw
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 EV
10.10.2 PHEV
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 3.0 - 3.7 kw
11.6.2 Higher than 3.7 kw
11.6.3 Lower than 3.0 kw
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 EV
11.10.2 PHEV
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 3.0 - 3.7 kw
12.6.2 Higher than 3.7 kw
12.6.3 Lower than 3.0 kw
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 EV
12.10.2 PHEV
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 3.0 - 3.7 kw
13.6.2 Higher than 3.7 kw
13.6.3 Lower than 3.0 kw
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 EV
13.10.2 PHEV
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 On-board Charger Market: Competitive Dashboard
14.2 Global Bus On-board Charger Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BYD
14.3.2 Nichicon
14.3.3 Tesla
14.3.4 Infineon
14.3.5 Panasonic
14.3.6 Aptiv
14.3.7 LG
14.3.8 Lear
14.3.9 Dilong Technology
14.3.10 Kongsberg
14.3.11 Kenergy
14.3.12 Wanma
14.3.13 IES
14.3.14 Anghua
14.3.15 Lester
14.3.16 Tonhe Technology
