Electric Bus Market was valued at 112039.68 Units in 2022, and it is expected to reach 1383480.32 Units by 2029, exhibiting a CAGR of 43.2% during the forecast period (2023–2029)
Electric Bus Market Overview:
This research aims to provide a comprehensive overview of the electric bus market, encompassing its segments, industries, and geographical landscapes. It delves into key factors influencing the growth of the electric bus industry, offering insights into its value chain dynamics.
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Market Scope:
The research methodology employed for analyzing and forecasting the electric bus market involves gathering revenue data from major suppliers through secondary research sources. Additionally, vendor offerings are considered in developing market segmentation. The overall size of the electric bus market is estimated using a bottom-up approach, leveraging the revenue of major firms.
Segmentation:
The report provides a detailed segmentation of the electric bus market.
by Propulsion Type
• Battery Electric Vehicle (BEV)
• Plug-In Hybrid Electric Vehicle (PHEV)
• Fuel Cell Electric Vehicle (FCEV)
by Component
• Battery
• Motor
• Fuel Cell Stack
• Battery Management System
• Battery Cooling System
• EV Connector
by Range
• Up to 200 miles
• Above 200 miles
byPower Output
• Up to 250 kW
• Above 250 kW
by Battery Capacity
• Up to 400 kWh
• Above 400 kWh
by Application
• Intracity
• Intercity
by Battery Type
• Lithium-nickel-manganese-cobalt oxide
• Lithium-iron-phosphate
• Others
by Level of Autonomy
• Semi-autonomous
• Autonomous
Key Players:
Leading players in the electric bus market include:
1. BYD Company Ltd.
2. Yutong
3. New Flyer Industries, Inc.
4. Proterra Inc.
5. Solaris Bus & Coach SA
6. Zhongtong Bus Holding Co., Ltd.
7. Shenzhen Wuzhoulong Motors Co., Ltd.
8. EBUSCO BV.
9. Dongfeng Automobile Co., Ltd
10. Alexander Dennis
11. King Long
12. FAW Group
13. AB Volvo
14. Daimler AG
15. TATA Motors
16. Ashok Leyland
17. Nova Bus
18. Foton Motor Inc.
19. Ashok Leyland Electric Bus.
20. JBM Solaris ECOLIFE.
21. Electric Bus K9.
22. SKYPAK XL Bus
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Regional Analysis:
Extensive primary and secondary research was conducted for the global electric bus market study. Secondary research was employed to enhance available data, segment the market, assess the total market size, and forecast growth rates. Various methodologies were utilized for calculating market value and the growth rate. The country-level analysis is based on examining regional stakeholders, tax laws, consumer behavior, and macroeconomic indicators.
Separate market share data is presented for North America, Europe, Asia-Pacific, the Middle East and Africa, and South America. Analysts can leverage this data to conduct competitive analysis on each rival independently.
Key Questions Answered in the Electric Bus Market Report:
Which segment held the largest share in the electric bus market?
What was the competitive scenario of the electric bus market in 2030?
What are the key factors driving electric bus market growth?
Which region will dominate the electric bus market in 2030?
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