Market Overview:
Ultracapacitor electric bus market is expected to witness a CAGR of XX% during the forecast period 2018-2030. The ultracapacitor electric bus market is segmented on the basis of type, application and region. On the basis of type, high capacity bus, medium capacity bus and small capacity bus are included in this study. Local public transportation, big event shuttle and others are included as application segments in this study. North America dominates the ultracapacitor electric bus market with a share of XX% in 2017 followed by Europe with a share of XX%. Asia Pacific is projected to be the fastest growing region for ultracapacitor electric buses during the forecast period owing to increasing demand from countries such as China and India. Ultrcapcitors offer several advantages over traditional batteries which include high power density, fast charging ability and long life cycle.
Product Definition:
An ultracapacitor electric bus is a type of bus that uses ultracapacitors as its primary power source. Ultracapacitors are devices that can store large amounts of electrical energy, making them ideal for use in buses. They can be charged quickly and discharged over a long period of time, making them perfect for use in vehicles that need to be able to travel long distances without having to stop and recharge. Ultracapacitor electric buses are becoming increasingly popular due to their ability to reduce emissions and save on fuel costs.
High Capacity Bus:
High Capacity Bus (HCB) is a type of electric bus that has more space for passengers and luggage. It can carry more passengers and their luggage in comparison to conventional buses. The extra space provided by the high capacity bus enables it to carry 30% of the total passenger load at once, which is much higher than 20% carried by standard buses.
Medium Capacity Bus:
The global medium capacity bus market is expected to witness significant growth over the forecast period. The buses are used in electric vehicles and have a capacity between 1000 Wh to 16000 Wh. They are mainly used for charging batteries that run on electricity. These buses can also be used as backup power source in case of emergency situations, hence they are also known as emergency charging buses or battery back-up (BK) electric bus.
Application Insights:
The local public transportation segment dominated the global ultracapacitor electric bus market in terms of revenue share in 2017. This is attributed to the growing number of transit agencies across various regions, including North America and Europe. Furthermore, a rise in urbanization has led to an increase in passenger traffic on public transport systems, which further propels demand for energy-efficient buses that consume less power during braking and acceleration.
The big event shuttle segment is expected to witness significant growth over the forecast period owing to increasing demand for luxury services at various events such as weddings and sports games. These types of vehicles are typically large buses with high seating capacity designed especially for big events or gatherings, allowing passengers direct access into large venues without having any disembarking or boarding process like other modes of transport would have it do so that they can board directly from their cars parked near venue entrances without having any extra walking distance between themselves & venue itself (as compared with normal shuttle services).
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The region accounted for a share of more than 30% in 2017 and is anticipated to witness significant growth over the next eight years. This can be attributed to increasing investments in public transportation infrastructure, which will drive demand for electric buses across countries such as China, Japan, and India. In addition, rising pollution levels due to rapid urbanization are driving customers towards sustainable public transportation solutions such as electric buses that emit zero Greenhouse Gas (GHG) emissions during operation.
The European market was valued at USD X million in 2017 and is projected to grow significantly over the forecast period owing to stringent government regulations regarding GHG emissions coupled with growing environmental awareness among consumers pertaining towards reducing carbon footprint associated with conventional diesel-powered vehicles used for local transportations services across countries including Germany; U.K.; France; Italy; Spain; Poland; Sweden etc.).
Growth Factors:
- Increasing demand for electric buses from the public and private transportation sectors
- Government initiatives to promote the use of electric vehicles to reduce greenhouse gas emissions and improve air quality
- Growing demand for ultracapacitors in automotive applications due to their high power density and fast charging capabilities
- Rising popularity of hybrid and all-electric vehicles among consumers
- Advances in ultracapacitor technology that improve performance, reduce costs, and increase reliability
Scope Of The Report
Report Attributes
Report Details
Report Title
Ultracapacitor Electric Bus Market Research Report
By Type
High Capacity Bus, Medium Capacity Bus, Small Capacity Bus
By Application
Local Public Transportation, Big Event Shuttle, Others
By Companies
Shanghai Aowei Technology Development Ltd, Sunwin Bus, Shanghai Aowei Technology Development Ltd
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
221
Number of Tables & Figures
155
Customization Available
Yes, the report can be customized as per your need.
Global Ultracapacitor Electric Bus Market Report Segments:
The global Ultracapacitor Electric Bus market is segmented on the basis of:
Types
High Capacity Bus, Medium Capacity Bus, Small Capacity Bus
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
Local Public Transportation, Big Event Shuttle, 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:
- Shanghai Aowei Technology Development Ltd
- Sunwin Bus
- Shanghai Aowei Technology Development Ltd
Highlights of The Ultracapacitor Electric Bus 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:
- High Capacity Bus
- Medium Capacity Bus
- Small Capacity Bus
- By Application:
- Local Public Transportation
- Big Event Shuttle
- 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 Ultracapacitor Electric Bus 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
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- Consumer Insights
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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?
Ultracapacitor electric bus is a type of electric bus that uses ultracapacitors to store energy. This allows the bus to travel longer distances without needing to be recharged, which makes it a more environmentally friendly option than traditional buses.
Some of the major companies in the ultracapacitor electric bus market are Shanghai Aowei Technology Development Ltd, Sunwin Bus, Shanghai Aowei Technology Development Ltd.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Ultracapacitor Electric Bus 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 Ultracapacitor Electric Bus Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Ultracapacitor Electric Bus 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 Ultracapacitor Electric Bus 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 Ultracapacitor Electric Bus Market Size & Forecast, 2020-2028 4.5.1 Ultracapacitor Electric Bus Market Size and Y-o-Y Growth 4.5.2 Ultracapacitor Electric Bus 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 High Capacity Bus
5.2.2 Medium Capacity Bus
5.2.3 Small Capacity Bus
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 Local Public Transportation
6.2.2 Big Event Shuttle
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ultracapacitor Electric Bus 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 Ultracapacitor Electric Bus 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 High Capacity Bus
9.6.2 Medium Capacity Bus
9.6.3 Small Capacity Bus
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 Local Public Transportation
9.10.2 Big Event Shuttle
9.10.3 Others
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 High Capacity Bus
10.6.2 Medium Capacity Bus
10.6.3 Small Capacity Bus
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 Local Public Transportation
10.10.2 Big Event Shuttle
10.10.3 Others
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 High Capacity Bus
11.6.2 Medium Capacity Bus
11.6.3 Small Capacity Bus
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 Local Public Transportation
11.10.2 Big Event Shuttle
11.10.3 Others
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 High Capacity Bus
12.6.2 Medium Capacity Bus
12.6.3 Small Capacity Bus
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 Local Public Transportation
12.10.2 Big Event Shuttle
12.10.3 Others
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 High Capacity Bus
13.6.2 Medium Capacity Bus
13.6.3 Small Capacity Bus
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 Local Public Transportation
13.10.2 Big Event Shuttle
13.10.3 Others
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 Ultracapacitor Electric Bus Market: Competitive Dashboard
14.2 Global Ultracapacitor Electric Bus Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Shanghai Aowei Technology Development Ltd
14.3.2 Sunwin Bus
14.3.3 Shanghai Aowei Technology Development Ltd