The E Bus Market

An electric bus, usually referred as an e-bus, is a bus which does not utilize a typical ICE engine for propulsion and is completely electric. The E-bus is driven by an onboard electric motor which takes power from onboard batteries or a set of batteries. Electric buses are deemed to be environmentally beneficial as they emit no emissions. They are also more cost-effective than conventional gasoline or diesel buses. The growing concern about the environment, as well as increased government spending in fuel-saving technology and substitute fuel vehicles, are accelerating the e-bus market growth across the world. As a rising number of global bus manufacturers determined to manufacture electric and hybrid-electric buses as substitutes for diesel-powered buses, the market is projected to increase. Benefits of e-bus such as thermal comfort and noise reduction offered by these would fuel the automobile electric bus industry even more. Electric and hybrid-electric buses help to reduce the impacts of solar heat buildup in the automobile and works as a filter for disturbing noises such as car horns and construction activities.  Apart from this, the high manufacturing costs and a dearth of understanding about the usability and benefits majorly limit the market expansion. 

Furthermore, the governments all across the world have developed attracting programs and plans to encourage the usage of electric buses which has the created opportunities for the market growth. In addition to this the enforcement of stringent emission norms and environmental regulations has also provided lucrative opportunities for the marker growth. Developed country governments have started the tender process to fuel the usage of electric buses in their cities. For instance, in 2018, London has over 2,500 electric buses in operation, with an aim to increase this to 9,200 electric buses by 2037.

The global E-Bus Market is segregated on the basis of Propulsion Type as BEV, FCEV and PHEV. Based on Length the global E-Bus Market is segmented in Less than 9 meters, 9-14 meters and Above 14 meters. Based on Range the global E-Bus Market is segmented in Less than 200 miles and More than 200 miles. Based on Battery Capacity the global E-Bus Market is segmented in Up to 400 kWh and Above 400 kWh. Based on Power output the global E-Bus Market is segmented in Up to 250kW and Above 250 kW.

The global E-Bus Market report provides geographic analysis covering regions, such as Europe, North America, Asia Pacific, and Rest of The World. The E-Bus Market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

Competitive Analysis

Byd, Yutong, Proterra, Vdl Groep, Ab Volvo, Daimler Ag and others are among the major players in the global E-Bus Market. The companies studied in terms of product strategy and various n several growth and expansion strategies to gain a competitive edge in the market. The major players not only follow value chain integration with business operations in multiple stages of the value chain.

• In April 2021, VDL has signed a supply contract of 32 electric buses to public transport company named in Eindhoven. These buses will be running from January 2022 in Eindhoven cityscape.
• In February 2021, The Montgomery County Public Schools (MCPS) Board of Education accepted a contract with Highland Electric Transportation Inc. Highland Electric Transportation to deploy 326 Thomas Built Buses, Inc. company’s electric school buses powered by Proterra.
• In February 2021, Nova Bus, a subsidiary of Volvo Buses has declared a supply order from Chicago Transit Authority. The order is to supply 600 new 40-foot electric buses to Chicago Transit Authority.
• In January 2021, BYD received a supply contract from the Bogota City Public Transport Authority in Columbia to supply 1,002 electric buses in 2021. This is the biggest pure electric bus contract for BYD outside China. BYD has integrated with local bus manufacturers namely Superpolo and BUSSCAR for the parts of bus body.
• In September 2020, Yutong has presented its 5G-enabled intelligent mobility solution to global travelers in a live-show in China. Autonomous driving buses, intelligent bus stops, and unmanned intelligent bus terminals were displayed.
• In September 2018, CAF Group acquired Solaris Bus and Coach as to set foot into the global electric bus market.

The global E-Bus Market has been segmented as below:

E-Bus Market, By Propulsion Type

• BEV
• FCEV
• PHEV

E-Bus Market, By Length

• Less than 9 meters
• 9-14 meters
• Above 14 meters

E-Bus Market, By Range

• Less than 200 miles
• More than 200 miles

E-Bus Market, By Battery Capacity

• Up to 400 kWh
• Above 400 kWh

E-Bus Market, By Power output

• Up to 250kW
• Above 250 kW

E-Bus Market, By Region

• Europe
• North America
• Asia Pacific
• Rest of The World

E-Bus Market, By Company

• Byd
• Yutong
• Proterra
• Vdl Groep
• Ab Volvo
• Daimler Ag
• Nfi Group
• Caf
• Ebusco Bv
• King Long
• Ankai
• Zhongtong Bus Holding
• Blue Bird Corporation
• Gillig LLC
• The Lion Electric Company
• Tata Motors
• Ashok Leyland
• Changsha Sunda New Energy Technology Co. Ltd.
• Olectra Greentech
• Yinlong Energy
• Deccan Auto Limited
• Eicher Motors Limited
• Beiqi Foton Motor Co. Ltd.
• Nanjing Golden Dragon Bus Co. Ltd.

The report covers the below scope:

• Global E-Bus Market sizes from 2020 to 2026, along with CAGR for 2020-2026
• Market size comparison for 2019 vs 2026, with actual data for 2019, estimates for 2019 and forecast from 2020 to 2026
• Global E-Bus Market trends, covering comprehensive range of consumer trends & manufacturer trends
• Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global E-Bus Market
• Major market opportunities and challenges in forecast timeframe to be focused
• Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
• Comprehensive company profiles of the key industry players

The years considered for the study are as follows:

• Base year - 2019
• Estimated year - 2019
• Projected year - 2020
• Forecast period - 2021 to 2026

Report Scope:

The global E-Bus Market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global E-Bus Market share. Major industry players with significant revenue share include Byd, Yutong, Proterra, Vdl Groep, Ab Volvo, Daimler Ag, Nfi Group, Caf and others.

Why to Buy this Report:

• Gain detailed insights on the E-Bus industry trends
• Find complete analysis on the market status
• Identify the E-Bus Market opportunities and growth segments
• Analyze competitive dynamics by evaluating business segments & product portfolios
• Facilitate strategy planning and industry dynamics to enhance decision making

Target Audience:

• The report targeted towards the existing players in the industry is as follows:
• Market Manufacturers/Service Providers
• Market Wholesale/Traders
• Investment and Financial Institutions

Free and Paid Customization based on the requirement

1.      Introduction

1.1.       Key Points

1.2.      Report Description

1.3.      Markets Covered

1.4.      Stakeholders

2.     Research Methodology

2.1.      Research Scope

2.2.     Research Methodology

2.2.1.     Market Research Process

2.2.2.    Research Methodology

2.2.2.1.           Secondary Research

2.2.2.2.          Primary Research

2.2.2.3.          Models for Estimation

2.3.     Market Size Estimation

2.3.1.     Bottom-Up Approach

2.3.2.    Top-Down Approach

3.     Executive Summary

4.    Market Overview

4.1.      Introduction

4.2.     Drivers

4.3.     Restraints

4.4.     Opportunities

4.5.     Challenges

5.     E-Bus Market, By Propulsion Type

5.1.      Key Points

5.2.  BEV

5.3.  FCEV

5.4.  PHEV

6.    E-Bus Market, By Length

6.1.      Key Points

6.2. Less than 9 meters

6.3. 9-14 meters

6.4. Above 14 meters

7.     E-Bus Market, By Range

7.1.      Key Points

7.2.  Less than 200 miles

7.3.  More than 200 miles

8.    E-Bus Market, By Battery Capacity

8.1.      Key Points

8.2. Up to 400 kWh

8.3. Above 400 kWh

9.    E-Bus Market, By Power output

9.1.      Key Points

9.2. Up to 250kW

9.3. Above 250 kW

10.            Competitive Landscape

10.1.  Introduction

10.2. Start-up companies- E-Bus Market

10.3. Recent Developments

10.3.1.  Mergers & Acquisitions

10.3.2. New Product Developments

10.3.3. Portfolio/Production Capacity Expansions

10.3.4.Joint Ventures, Collaborations, Partnerships & Agreements

10.3.5. Others

11.  Company Profile

11.1.  Byd

11.2. Yutong

11.3. Proterra

11.4. Vdl Groep

11.5. Ab Volvo

11.6. Daimler Ag

11.7.  Nfi Group

11.8. Caf

11.9. Ebusco Bv

11.10.  King Long

11.11.   Ankai

11.12.  Zhongtong Bus Holding

11.13.  Blue Bird Corporation

11.14.  Gillig LLC

11.15.  The Lion Electric Company

11.16.  Tata Motors

11.17.   Ashok Leyland

11.18.  Changsha Sunda New Energy Technology Co. Ltd.

11.19.  Olectra Greentech

11.20. Yinlong Energy

10.21.  Deccan Auto Limited 

10.22.  Eicher Motors Limited

10.23.  Beiqi Foton Motor Co. Ltd.

10.24.  Nanjing Golden Dragon Bus Co. Ltd.