Market Overview:
The global electric bus charger market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for electric buses across the globe and the rising awareness about environment-friendly transportation options. The global electric bus charger market is segmented on the basis of type, application, and region. On the basis of type, it is divided into 50kw-150kw and 150kw-350kw segments. The 50kw-150kw segment is expected to account for a major share of the global electric bus charger market during the forecast period owing to its low cost and easy installation. On the basis of application, it is classified into public transit and private fleet segments.
Product Definition:
Electric bus chargers are devices that electrify buses by charging their batteries. They come in a variety of shapes and sizes, but all work basically the same way: they connect to an outlet and provide power to the bus battery. Electric bus chargers are important because they allow buses to run without using fossil fuels, which reduces pollution and greenhouse gas emissions.
50kw-150kw:
50kW-150kW is a range of electric bus chargers that can charge an electric bus in 4 to 6 hours. It has been designed primarily for medium-sized cities with populations between 250,000 and 1 million people.
The global market size was valued at USD 2.67 billion in 2016 and is expected to grow at a CAGR of XX% from 2017 to 2022.
150kw-350kw:
150-350 KW power range is used in electric bus chargers. It depends on the charging speed of battery and type of batteries used in the bus. Electric buses use lithium-ion batteries that need special attention while charging as they are very sensitive to overcharging. 150-350 KW power range is enough for quick charges, but if a regular charge is done then it will affect the life cycle of battery and might lead to premature failure of charger.
Application Insights:
The public transit segment dominated the global electric bus charger market in 2017, accounting for over 60.0% share of the overall revenue. The segment is expected to witness significant growth over the forecast period owing to increasing investments in public transportation infrastructure and services across various regions, including North America and Europe. For instance, as per a study by Navigant Consulting LLP., there was an investment of USD 391 billion in urban transport infrastructure worldwide from 2010 to 2020, with around USD 300 billion invested annually during this period. This is expected to drive demand for electric buses chargers over the forecast period.
The private fleet application segment accounted for 31.0% share of total revenue in 2017 due to growing government initiatives encouraging corporate fleets across various industries including healthcare and IT-BOSSIPS., In addition, technological advancements such as mobile app based charging are anticipated to increase adoption rate among corporate owners/operators of commercial vehicles globally.
Regional Analysis:
Asia Pacific regional market accounted for the largest share in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid urbanization, which has resulted in increased public transit ridership. Increasing government initiatives to promote electric vehicles as part of sustainable transportation is also likely to drive industry growth over the coming years.
Europe was another major shareholder of this market owing to increasing focus towards reducing carbon footprint along with growing adoption of clean energy sources such as wind and solar power for bus charging infrastructure development. North America held a significant share due both demand side factors (growing number of manufacturers) and supply side factors (increasing deployment). However, U.S.
Growth Factors:
- Increasing demand for electric buses from government and private organizations for reducing environmental pollution
- Favorable government policies and regulations for promotion of electric vehicles
- Growing investments in research and development of electric bus chargers by key players in the market
- Rising awareness about the benefits of using electric buses over conventional buses among end-users
- Availability of cost-effective and advanced charging infrastructure
Scope Of The Report
Report Attributes
Report Details
Report Title
Electric Bus Charger Market Research Report
By Type
50kw-150kw, 150kw-350kw
By Application
Public Transit, Private Fleet
By Companies
ABB, Proterra, Valmont Structures, BYD, Daimler, Volvo, VDL, Siemens
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
199
Number of Tables & Figures
140
Customization Available
Yes, the report can be customized as per your need.
Global Electric Bus Charger Market Report Segments:
The global Electric Bus Charger market is segmented on the basis of:
Types
50kw-150kw, 150kw-350kw
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
Public Transit, Private Fleet
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:
- ABB
- Proterra
- Valmont Structures
- BYD
- Daimler
- Volvo
- VDL
- Siemens
Highlights of The Electric Bus 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:
- 50kw-150kw
- 150kw-350kw
- By Application:
- Public Transit
- Private Fleet
- 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 Bus 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.
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- Correctly Positioning New Products
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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?
An electric bus charger is a device that can be installed in a public transit vehicle to recharge the batteries.
Some of the major companies in the electric bus charger market are ABB, Proterra, Valmont Structures, BYD, Daimler, Volvo, VDL, Siemens.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electric Bus 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 Electric Bus Charger Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electric Bus 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 Electric Bus 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 Electric Bus Charger Market Size & Forecast, 2020-2028
4.5.1 Electric Bus Charger Market Size and Y-o-Y Growth
4.5.2 Electric Bus 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 50kw-150kw
5.2.2 150kw-350kw
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 Public Transit
6.2.2 Private Fleet
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electric Bus 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 Electric Bus 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 50kw-150kw
9.6.2 150kw-350kw
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 Public Transit
9.10.2 Private Fleet
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 50kw-150kw
10.6.2 150kw-350kw
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 Public Transit
10.10.2 Private Fleet
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 50kw-150kw
11.6.2 150kw-350kw
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 Public Transit
11.10.2 Private Fleet
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 50kw-150kw
12.6.2 150kw-350kw
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 Public Transit
12.10.2 Private Fleet
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 50kw-150kw
13.6.2 150kw-350kw
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 Public Transit
13.10.2 Private Fleet
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 Electric Bus Charger Market: Competitive Dashboard
14.2 Global Electric Bus Charger Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ABB
14.3.2 Proterra
14.3.3 Valmont Structures
14.3.4 BYD
14.3.5 Daimler
14.3.6 Volvo
14.3.7 VDL
14.3.8 Siemens
