出版：MarketsandMarkets（マーケッツアンドマーケッツ） 出版年月：2023年5月
電気バス市場 : 推進力（BEV、FCEV）、バッテリー（NMC、LFP、NCA、その他）、長さ（<9m、9-14m、>14m）、座席定員、航続距離、バッテリー容量、出力、自動運転レベル、用途、コンポーネント、消費者と地域別 – 2030年までの世界予測
Electric Bus Market by Propulsion (BEV, FCEV), Battery (NMC, LFP, NCA, Other), Length (<9m, 9-14m, >14m), Seating Capacity, Range, Battery Capacity, Power Output, Level of Autonomy, Application, Component, Consumer and Region – Global Forecast to 2030
| ページ数 | 322 |
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| 種別 | 英文調査報告書 |
| 価格 |
世界の電気バスの市場規模は2023年中で589億ドル、2030年までに6,783億ドル、2023年から2030年までの予測期間に年平均成長率（CAGR）41.7％で成長することが予測されています。
MarketsandMarkets（マーケッツアンドマーケッツ）「電気バス市場 : 推進力（BEV、FCEV）、バッテリー（NMC、LFP、NCA、その他）、長さ（<9m、9-14m、>14m）、座席定員、航続距離、バッテリー容量、出力、自動運転レベル、用途、コンポーネント、消費者と地域別 – 2030年までの世界予測 – Electric Bus Market by Propulsion (BEV, FCEV), Battery (NMC, LFP, NCA, Other), Length (<9m, 9-14m, >14m), Seating Capacity, Range, Battery Capacity, Power Output, Level of Autonomy, Application, Component, Consumer and Region – Global Forecast to 2030」は世界の電気バス市場における主要セグメント毎の調査・分析結果を提供します。
Report Overview
The electric bus market is largely driven by decreased emission limits in upcoming emission regulations and increased demand for sustainable mobility. However, as this market is at its initial growth phase, the major restraint faced by this industry is the higher cost of electric buses than conventional diesel buses due to the high cost of batteries. The biggest challenge for this market is safety concerns and the low range associated with batteries.
“Above 400 kWh is estimated to be the fastest growing battery capacity for electric buses.”
Electric buses usually offer the above 400 kWh battery capacity range for intercity or long-distance commutes. The developments in battery technologies and the reduction in prices of batteries have positively impacted the growth of above 400 kWh batteries. In their product offerings, many leading OEMs have introduced electric buses with above 400 kWh battery capacity. For instance, in 2021, AB Volvo (Germany) launched its electric bus BZL Electric with a battery capacity of 470 kWh.
The above 400 kWh battery capacity segment is projected to be the fastest-growing battery segment during the forecast period. Asia Pacific leads the above 400 kWh segment of the electric bus market. This is mainly because of the region’s focus on R&D in battery technologies. It is also expected that the declining battery prices and the ongoing innovations in battery compositions will drive market growth in this region during the forecast period.
The above 200 miles range electric buses will be the fastest-growing market.
The incorporation of electric buses in long-distance commutes is gradually increasing, and electric bus manufacturers have recognized the need for electric buses with a higher range per charge. Hence, electric buses above 200 miles are expected to be the fastest-growing market over the forecast period. The key reason is – increased R&D in battery technologies by leading manufacturers and OEMs. Manufacturers are actively developing batteries that offer a higher range. For instance, Proterra’s (US) fifth-generation battery-electric transit bus features a new streamlined vehicle design, maximizing the energy stored onboard the vehicle to increase power and range up to 329 miles. The Proterra ZX5+ model can travel up to 240 miles with a 440-kWh battery on a single charge.
North America is expected to command the above 200 miles segment during the forecast period.
This is mainly because the region has a relatively more developed charging infrastructure, which aids the easier incorporation of electric buses in long-distance commutes. Many North American cities and transit agencies have installed high-capacity charging stations along major transit corridors to support the deployment of electric buses. For instance, the Toronto Transit Commission has installed ten fast-charging stations along a busy transit corridor. Furthermore, many North American OEMs have product offerings above 200 miles of range, further driving the growth of electric buses with above 200 miles range.
North America is expected to be the fastest growing second largest electric bus market.
North America is home to major electric bus manufacturers and is renowned for innovations, cutting-edge R&D, and technological advancements in electric buses. Government support through incentives and tax benefits, the presence of individual investors, and technological edge drive the North American electric bus market. Robust infrastructure, improved power grid, government support, and increased adoption have enabled OEMs to develop electric buses and coaches of varying specifications. For instance, in September 2021, BYD (China) announced that it would build battery-electric buses for Tampa International Airport in Florida at the company’s US Coach & Bus factory in Lancaster, California.
North America has many OEMs, such as Proterra, NFI Group, and Blue Bird Corporation, which provide innovative electric buses incorporated with advanced technologies. The increasing demand for zero-emission public transport will further boost the North American electric bus market. Many policies have been drafted to promote the adoption of electric buses in the region. Toronto has announced that it will convert 50% of its fleets into electric buses by 2050.
The US is North America’s largest and fastest-growing market for electric buses. The country has a well-developed power grid, charging infrastructure, and a strong economy. In September 2021, Capital Metro in Austin, Texas, approved a plan to purchase 26 40-foot Proterra ZX5 Max electric transit buses. Government mandates and the willingness to adopt new technologies would fuel the US electric bus market. Canada also has schemes and funding by the government that will encourage private fleets to adopt electric buses and coaches. Such government schemes are driving the North American electric bus market.
Breakdown of primaries
The study contains various industry experts’ insights, from component suppliers to Tier 1 companies and OEMs. The break-up of the primaries is as follows:
- By Company Type: OEMs – 80%, Tier I/Tier II players – 10%
- By Designation: C level – 70%, Others– 30%
- By Region: Asia Pacific – 70%, Europe – 20%, North America – 10%
The key players in the Electric bus market are BYD (China), Yutong (China), Proterra (US), CAF (Solaris) (Spain), VDL Groep (Netherlands), and AB Volvo (Sweden). The key strategies adopted by major companies to sustain their position in the market are expansions, contracts and agreements, and partnerships.
Research Coverage
Electric Bus Market By Propulsion (BEV, FCEV), Battery (NMC, LFP, NCA, Other), Length (<9m, 9-14m, >14m), Seating Capacity, Range, Battery Capacity, Power Output, Level of Autonomy, Application, Component, Consumer and Region – Global Forecast to 2030
Reasons to buy this report:
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall electric bus market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
- Analysis of key drivers (The increasing need for sustainable mass transit solutions and the need to reduce the GHG emissions), restraints (Safety Converns in EV batteries and high development costs), opportunities (Transition towards hydrogen fuel cell electric mobility, electric bus as a service), and challenges (High cost of developing charging infrastructure) influencing the growth of the electric bus market
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the electric bus market
- Market Development: Comprehensive information about lucrative markets – the report analyses the electric bus market across varied regions
- Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the electric bus market
- Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players like BYD (Build Your Dreams) (China), Proterra (US), CRRC Electric (China), Yutong (China), and AB Volvo (Sweden), among others in the electric bus market
目次
1 INTRODUCTION 39
1.1 STUDY OBJECTIVES 39
1.2 MARKET DEFINITION 39
1.3 STUDY SCOPE 40
1.3.1 MARKETS COVERED 40
FIGURE 1 ELECTRIC BUS MARKET SEGMENTATION 40
1.3.2 REGIONS COVERED 41
1.3.3 YEARS CONSIDERED 41
1.4 INCLUSIONS AND EXCLUSIONS 42
TABLE 1 INCLUSIONS AND EXCLUSIONS 42
1.5 CURRENCY CONSIDERED 43
1.6 UNITS CONSIDERED 43
1.7 STAKEHOLDERS 43
1.8 SUMMARY OF CHANGES 44
2 RESEARCH METHODOLOGY 45
2.1 RESEARCH DATA 45
FIGURE 2 RESEARCH DESIGN 45
FIGURE 3 RESEARCH DESIGN MODEL 46
2.1.1 SECONDARY DATA 46
2.1.1.1 Key secondary sources 46
2.1.1.2 Key data from secondary sources 48
2.1.2 PRIMARY DATA 48
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS 49
2.1.2.1 Sampling techniques and data collection methods 49
2.1.2.2 Primary participants 50
2.2 MARKET ESTIMATION METHODOLOGY 50
FIGURE 5 RESEARCH METHODOLOGY: HYPOTHESIS BUILDING 51
2.3 MARKET SIZE ESTIMATION 52
2.3.1 BOTTOM-UP APPROACH 52
FIGURE 6 BOTTOM-UP APPROACH 52
FIGURE 7 BOTTOM-UP APPROACH METHODOLOGY 52
2.3.2 TOP-DOWN APPROACH 53
FIGURE 8 TOP-DOWN APPROACH 53
FIGURE 9 MARKET SIZE ESTIMATION NOTES 53
2.4 DATA TRIANGULATION 54
FIGURE 10 DATA TRIANGULATION 54
2.5 FACTOR ANALYSIS 55
FIGURE 11 MARKET GROWTH PROJECTIONS FROM DEMAND-SIDE DRIVERS AND OPPORTUNITIES 55
FIGURE 12 KEY FACTORS IMPACTING MARKET 55
2.6 RECESSION IMPACT ANALYSIS 56
2.7 RESEARCH ASSUMPTIONS 56
2.8 RESEARCH LIMITATIONS 57
3 EXECUTIVE SUMMARY 59
FIGURE 13 REPORT SUMMARY 59
3.1 KEY FACTORS DRIVING MARKET 60
FIGURE 14 ELECTRIC BUS MARKET – KEY DRIVING FACTORS 60
FIGURE 15 ELECTRIC BUS MARKET, BY REGION, 2023 VS. 2030 (UNITS) 62
4 PREMIUM INSIGHTS 64
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN ELECTRIC BUS MARKET 64
FIGURE 16 INCREASING DEMAND FOR FUEL-EFFICIENT AND EMISSION-FREE VEHICLES TO DRIVE MARKET 64
4.2 ELECTRIC BUS MARKET, BY CONSUMER 64
FIGURE 17 GOVERNMENT TO SURPASS PRIVATE SEGMENT IN 2030 64
4.3 ELECTRIC BUS MARKET, BY PROPULSION 65
FIGURE 18 BEVS TO DOMINATE ELECTRIC BUS MARKET IN 2030 65
4.4 ELECTRIC BUS MARKET, BY RANGE 65
FIGURE 19 UP TO 200 MILES SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE IN 2030 65
4.5 ELECTRIC BUS MARKET, BY LENGTH OF BUS 66
FIGURE 20 9–14 M TO EXCEED OTHER SEGMENTS FROM 2023 TO 2030 66
4.6 ELECTRIC BUS MARKET, BY APPLICATION 66
FIGURE 21 INTRACITY TO SECURE MAXIMUM SHARES DURING FORECAST PERIOD 66
4.7 ELECTRIC BUS MARKET, BY POWER OUTPUT 67
FIGURE 22 UP TO 250 KW SEGMENT TO COMMAND LEADING MARKET SHARE FROM 2023 TO 2030 67
4.8 ELECTRIC BUS MARKET, BY COMPONENT 67
FIGURE 23 BATTERIES TO DOMINATE OTHER COMPONENTS IN 2030 67
4.9 ELECTRIC BUS MARKET, BY BATTERY CAPACITY 68
FIGURE 24 UP TO 400 KWH SEGMENT TO HOLD SUPREMACY IN 2030 68
4.10 ELECTRIC BUS MARKET, BY BATTERY TYPE 68
FIGURE 25 LFP BATTERIES TO HOLD HIGHEST MARKET SHARE DURING FORECAST PERIOD 68
4.11 ELECTRIC BUS MARKET, BY SEATING CAPACITY 69
FIGURE 26 ABOVE 70 SEATS TO BE FASTEST-GROWING SEGMENT FROM 2023 TO 2030 69
4.12 ELECTRIC BUS MARKET, BY REGION 69
FIGURE 27 ASIA PACIFIC TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD 69
5 MARKET OVERVIEW 70
5.1 INTRODUCTION 70
5.2 MARKET DYNAMICS 71
5.2.1 DRIVERS 71
5.2.1.1 Rising GHG emissions 71
TABLE 2 POTENTIAL MARKETS FOR NEW ZERO-EMISSION BUSES ACROSS EUROPE 73
5.2.1.2 Increasing demand for emission-free vehicles 73
FIGURE 28 DECLINE IN BATTERY PRICE/KWH, 2010–2030 74
5.2.2 RESTRAINTS 75
5.2.2.1 Safety concerns in EV batteries and high development cost 75
FIGURE 29 OUTLINE OF BATTERY SAFETY ARCHITECTURE 76
FIGURE 30 AVERAGE COST OF DIESEL BUS VS. ELECTRIC BUS 76
5.2.3 OPPORTUNITIES 77
5.2.3.1 Transition toward hydrogen fuel cell electric mobility 77
FIGURE 31 FUEL CELL PRODUCT LIFECYCLE 78
FIGURE 32 ELECTRIC BUS AS A SERVICE 79
5.2.4 CHALLENGES 80
5.2.4.1 High cost of developing charging infrastructure 80
5.3 ECOSYSTEM ANALYSIS 81
FIGURE 33 ELECTRIC BUS MARKET: NEURAL SYSTEM 82
FIGURE 34 ELECTRIC BUS MARKET: ECOSYSTEM ANALYSIS 83
5.3.1 OEMS 83
5.3.2 RAW MATERIAL SUPPLIERS 83
5.3.3 COMPONENT MANUFACTURERS 84
5.3.4 CHARGING INFRASTRUCTURE 84
TABLE 3 ELECTRIC BUS MARKET: ROLE IN ECOSYSTEM 84
5.4 VALUE CHAIN ANALYSIS 86
FIGURE 35 ELECTRIC BUS MARKET: VALUE CHAIN ANALYSIS 86
5.4.1 TOTAL COST OF OWNERSHIP OF DIESEL VS. ELECTRIC BUSES 86
FIGURE 36 COMPARISON OF TCO: 12 M ELECTRIC VS. 12 M DIESEL BUS 86
5.5 PRICING ANALYSIS 88
5.5.1 BY OEM 88
TABLE 4 ELECTRIC BUS MARKET: GLOBAL AVERAGE PRICE (USD), BY OEM, 2023 88
5.5.2 BY INTERCITY BUSES 89
TABLE 5 ELECTRIC BUS MARKET: GLOBAL AVERAGE PRICE (USD), BY VEHICLE TYPE, 2023 89
5.5.3 BY REGION 89
TABLE 6 ELECTRIC BUS MARKET: GLOBAL AVERAGE PRICE (USD), BY REGION, 2023 89
5.5.4 BY LENGTH OF BUS 89
TABLE 7 ELECTRIC BUS VS. DIESEL BUS PRICE (USD), BY LENGTH OF BUS, 2023 89
5.6 PATENT ANALYSIS 90
5.7 REGULATORY LANDSCAPE 93
5.7.1 NORTH AMERICA 93
TABLE 8 NORTH AMERICA: POLICIES AND INITIATIVES SUPPORTING HYDROGEN-POWERED VEHICLES AND INFRASTRUCTURE 93
5.7.2 EUROPE 94
TABLE 9 EUROPE: POLICIES AND INITIATIVES SUPPORTING HYDROGEN-POWERED VEHICLES AND INFRASTRUCTURE 94
5.7.3 ASIA PACIFIC 95
TABLE 10 ASIA PACIFIC: POLICIES AND INITIATIVES SUPPORTING HYDROGEN-POWERED VEHICLES AND INFRASTRUCTURE 95
5.7.4 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS, BY REGION 96
TABLE 11 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 96
TABLE 12 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 97
TABLE 13 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 98
5.8 CASE STUDY ANALYSIS 98
5.8.1 ASSESSMENT OF INVESTMENT IN ELECTRIC BUSES 98
5.8.2 COMPLETE TRANSITION TO ELECTRIC BUSES IN SHENZHEN, CHINA 99
5.8.3 BATTERY CHARGING INFRASTRUCTURE FOR BUS OPERATOR STAGECOACH 99
5.8.4 OPEX DEPLOYMENT FOR ELECTRIC BUSES IN PUBLIC TRANSPORT SYSTEM 100
FIGURE 37 OPEX-BASED ELECTRIC BUS DEPLOYMENT 100
5.8.5 ELECTRIC BUS DEPLOYMENT WITH INFRASTRUCTURAL CHANGES 101
FIGURE 38 ELECTRIFICATION OF DOHA PUBLIC TRANSPORT IN 2022 101
5.8.6 ASSESSMENT OF INVESTMENT IN ELECTRIC BUSES IN HELSINKI, FINLAND 102
5.9 TRENDS AND DISRUPTIONS 103
FIGURE 39 TRENDS AND DISRUPTIONS IN ELECTRIC BUS MARKET 103
5.10 TECHNOLOGY ANALYSIS 103
5.10.1 FUTURE TECHNOLOGY OVERVIEW 104
FIGURE 40 ELECTRIC BUS MARKET: FUTURE TECHNOLOGY OVERVIEW 104
5.10.2 TECHNOLOGY ROADMAP 105
FIGURE 41 ELECTRIC BUS MARKET: TECHNOLOGY ROADMAP 105
5.10.3 INNOVATIVE CHARGING SOLUTIONS 105
5.10.3.1 Off-board top-down pantograph charging system 106
5.10.3.2 On-board bottom-up pantograph charging system 106
5.10.3.3 Ground-based static/dynamic charging system 106
5.10.4 PACKAGED FUEL CELL SYSTEM MODULE 107
FIGURE 42 NEW PACKAGED FUEL CELL SYSTEM MODULE BY TOYOTA 107
5.10.5 METHANE FUEL CELLS 107
5.11 BILL OF MATERIAL ANALYSIS 108
FIGURE 43 ELECTRIC BUS MARKET: BILL OF MATERIAL ANALYSIS 108
5.12 ELECTRIC BUS MARKET: PRODUCT LAUNCHES, 2018-2023 109
5.13 KEY CONFERENCES AND EVENTS IN 2023-2024 110
TABLE 14 ELECTRIC BUS MARKET: KEY CONFERENCES AND EVENTS 110
5.14 KEY STAKEHOLDERS AND BUYING CRITERIA 111
5.14.1 BUYING CRITERIA 111
FIGURE 44 KEY BUYING CRITERIA FOR VARIOUS BATTERY TYPES 111
TABLE 15 KEY BUYING CRITERIA FOR VARIOUS BATTERY TYPES 112
5.15 SUPPLIER ANALYSIS 112
5.15.1 BATTERY CELL MANUFACTURERS 112
TABLE 16 BATTERY CELL MANUFACTURERS 112
5.15.2 AXLE MANUFACTURERS 113
TABLE 17 AXLE MANUFACTURERS 113
5.15.3 HVAC SYSTEM MANUFACTURERS 113
TABLE 18 HVAC SYSTEM MANUFACTURERS 113
5.15.4 MOTOR MANUFACTURERS 114
TABLE 19 MOTOR MANUFACTURERS 114
6 ELECTRIC BUS MARKET, BY BATTERY TYPE 115
6.1 INTRODUCTION 116
FIGURE 45 ELECTRIC BUS MARKET, BY BATTERY TYPE, 2023 VS. 2030 (USD MILLION) 116
TABLE 20 ELECTRIC BUS MARKET, BY BATTERY TYPE, 2018–2022 (UNITS) 117
TABLE 21 ELECTRIC BUS MARKET, BY BATTERY TYPE, 2023–2030 (UNITS) 117
TABLE 22 ELECTRIC BUS MARKET, BY BATTERY TYPE, 2018–2022 (USD MILLION) 117
TABLE 23 ELECTRIC BUS MARKET, BY BATTERY TYPE, 2023–2030 (USD MILLION) 118
6.2 KEY INDUSTRY INSIGHTS 118
6.3 NMC BATTERIES 118
6.3.1 INCREASED PREFERENCE FOR HIGH ENERGY DENSITY 118
6.4 LFP BATTERIES 119
6.4.1 DEMAND FOR LOW-COST AND GOOD THERMAL STABILITY 119
6.5 NCA BATTERIES 119
6.5.1 BENEFITS ASSOCIATED WITH HIGH ENERGY DENSITY AND LONG LIFE CYCLE 119
6.6 OTHER BATTERIES 119
7 ELECTRIC BUS MARKET, BY PROPULSION 120
7.1 INTRODUCTION 121
FIGURE 46 ELECTRIC BUS MARKET, BY PROPULSION, 2023 VS 2030 (USD MILLION) 121
TABLE 24 ELECTRIC BUS MARKET, BY PROPULSION, 2018–2022 (UNITS) 122
TABLE 25 ELECTRIC BUS MARKET, BY PROPULSION, 2023–2030 (UNITS) 122
TABLE 26 ELECTRIC BUS MARKET, BY PROPULSION, 2018–2022 (USD MILLION) 122
TABLE 27 ELECTRIC BUS MARKET, BY PROPULSION, 2023–2030 (USD MILLION) 122
7.2 KEY INDUSTRY INSIGHTS 123
7.3 BEVS 123
7.3.1 INCREASING DEMAND FOR ZERO-EMISSION VEHICLES 123
TABLE 28 BEVS: ELECTRIC BUS MARKET, BY REGION, 2018–2022 (UNITS) 123
TABLE 29 BEVS: ELECTRIC BUS MARKET, BY REGION, 2023–2030 (UNITS) 123
TABLE 30 BEVS: ELECTRIC BUS MARKET, BY REGION, 2018–2022 (USD MILLION) 124
TABLE 31 BEVS: ELECTRIC BUS MARKET, BY REGION, 2023–2030 (USD MILLION) 124
7.4 FCEVS 124
7.4.1 SUSTAINABLE PRODUCTION OF HYDROGEN 124
TABLE 32 FCEVS: ELECTRIC BUS MARKET, BY REGION, 2018–2022 (UNITS) 125
TABLE 33 FCEVS: ELECTRIC BUS MARKET, BY REGION, 2023–2030 (UNITS) 125
TABLE 34 FCEVS: ELECTRIC BUS MARKET, BY REGION, 2018–2022 (USD MILLION) 125
TABLE 35 FCEVS: ELECTRIC BUS MARKET, BY REGION, 2023–2030 (USD MILLION) 126
8 ELECTRIC BUS MARKET, BY RANGE 127
8.1 INTRODUCTION 128
FIGURE 47 ELECTRIC BUS MARKET, BY RANGE, 2023 VS. 2030 (USD MILLION) 128
FIGURE 48 ELECTRIC BUS MARKET: RANGE VS. DIFFERENT DRIVING CONDITIONS 128
TABLE 36 ELECTRIC BUS MARKET, BY RANGE, 2018–2022 (UNITS) 129
TABLE 37 ELECTRIC BUS MARKET, BY RANGE, 2023–2030 (UNITS) 129
TABLE 38 ELECTRIC BUS MARKET, BY RANGE, 2018–2022 (USD MILLION) 129
TABLE 39 ELECTRIC BUS MARKET, BY RANGE, 2023–2030 (USD MILLION) 129
8.2 KEY PRIMARY INSIGHTS 130
8.3 UP TO 200 MILES 130
8.3.1 EXTENSIVE USE IN CHINESE BUS FLEETS 130
TABLE 40 UP TO 200 MILES: ELECTRIC BUS MARKET, BY REGION, 2018–2022 (UNITS) 130
TABLE 41 UP TO 200 MILES: ELECTRIC BUS MARKET, BY REGION, 2023–2030 (UNITS) 131
TABLE 42 UP TO 200 MILES: ELECTRIC BUS MARKET, BY REGION, 2018–2022 (USD MILLION) 131
TABLE 43 UP TO 200 MILES: ELECTRIC BUS MARKET, BY REGION, 2023–2030 (USD MILLION) 131
8.4 ABOVE 200 MILES 132
8.4.1 ADVANCEMENTS IN BATTERY TECHNOLOGIES 132
TABLE 44 ABOVE 200 MILES: ELECTRIC BUS MARKET, BY REGION, 2018–2022 (UNITS) 132
TABLE 45 ABOVE 200 MILES: ELECTRIC BUS MARKET, BY REGION, 2023–2030 (UNITS) 132
TABLE 46 ABOVE 200 MILES: ELECTRIC BUS MARKET, BY REGION, 2018–2022 (USD MILLION) 133
TABLE 47 ABOVE 200 MILES: ELECTRIC BUS MARKET, BY REGION, 2023–2030 (USD MILLION) 133
9 ELECTRIC BUS MARKET, BY LENGTH OF BUS 134
9.1 INTRODUCTION 135
FIGURE 49 ELECTRIC BUS MARKET, BY LENGTH OF BUS, 2023 VS. 2030 (UNITS) 136
FIGURE 50 ELECTRIC BUS MARKET OPPORTUNITIES, BY LENGTH OF BUS AND COUNTRY 137
TABLE 48 ELECTRIC BUS MARKET, BY LENGTH OF BUS, 2018–2022 (UNITS) 137
TABLE 49 ELECTRIC BUS MARKET, BY LENGTH OF BUS, 2023–2030 (UNITS) 137
TABLE 50 ELECTRIC BUS MARKET, BY LENGTH OF BUS, 2018–2022 (USD MILLION) 138
TABLE 51 ELECTRIC BUS MARKET, BY LENGTH OF BUS, 2023–2030 (USD MILLION) 138
9.2 KEY INDUSTRY INSIGHTS 138
9.3 LESS THAN 9 M 139
9.3.1 EASY MANEUVERING ON COMPACT ROADS 139
TABLE 52 LESS THAN 9 M: ELECTRIC BUS MARKET, BY REGION, 2018–2022 (UNITS) 139
TABLE 53 LESS THAN 9 M: ELECTRIC BUS MARKET, BY REGION, 2023–2030 (UNITS) 139
TABLE 54 LESS THAN 9 M: ELECTRIC BUS MARKET, BY REGION, 2018–2022 (USD MILLION) 140
TABLE 55 LESS THAN 9 M: ELECTRIC BUS MARKET, BY REGION, 2023–2030 (USD MILLION) 140
9.4 9–14 M 140
9.4.1 PREVALENCE IN PUBLIC TRANSPORT FLEETS 140
TABLE 56 9–14 M: ELECTRIC BUS MARKET, BY REGION, 2018–2022 (UNITS) 141
TABLE 57 9–14 M: ELECTRIC BUS MARKET, BY REGION, 2023–2030 (UNITS) 141
TABLE 58 9–14 M: ELECTRIC BUS MARKET, BY REGION, 2018–2022 (USD MILLION) 141
TABLE 59 9–14 M: ELECTRIC BUS MARKET, BY REGION, 2023–2030 (USD MILLION) 142
9.5 MORE THAN 14 M 142
9.5.1 GROWING NUMBER OF ARTICULATED ELECTRIC BUSES 142
TABLE 60 MORE THAN 14 M: ELECTRIC BUS MARKET, BY REGION, 2018–2022 (UNITS) 142
TABLE 61 MORE THAN 14 M: ELECTRIC BUS MARKET, BY REGION, 2023–2030 (UNITS) 143
TABLE 62 MORE THAN 14 M: ELECTRIC BUS MARKET, BY REGION, 2018–2022 (USD MILLION) 143
TABLE 63 MORE THAN 14 M: ELECTRIC BUS MARKET, BY REGION, 2023–2030 (USD MILLION) 143
10 ELECTRIC BUS MARKET, BY CONSUMER 144
10.1 INTRODUCTION 145
FIGURE 51 ELECTRIC BUS MARKET, BY CONSUMER, 2023 VS. 2030 (USD MILLION) 145
TABLE 64 ELECTRIC BUS MARKET, BY CONSUMER, 2018–2022 (UNITS) 145
TABLE 65 ELECTRIC BUS MARKET, BY CONSUMER, 2023–2030 (UNITS) 146
TABLE 66 ELECTRIC BUS MARKET, BY CONSUMER, 2018–2022 (USD MILLION) 146
TABLE 67 ELECTRIC BUS MARKET, BY CONSUMER, 2023–2030 (USD MILLION) 146
10.2 KEY INDUSTRY INSIGHTS 147
10.3 PRIVATE 147
10.3.1 GOVERNMENT SUBSIDIES TO PROMOTE ADOPTION OF ELECTRIC BUSES 147
TABLE 68 PRIVATE: ELECTRIC BUS MARKET, BY REGION, 2018–2022 (UNITS) 147
TABLE 69 PRIVATE: ELECTRIC BUS MARKET, BY REGION, 2023–2030 (UNITS) 147
TABLE 70 PRIVATE: ELECTRIC BUS MARKET, BY REGION, 2018–2022 (USD MILLION) 148
TABLE 71 PRIVATE: ELECTRIC BUS MARKET, BY REGION, 2023–2030 (USD MILLION) 148
10.4 GOVERNMENT 148
10.4.1 USE OF ELECTRIC BUSES FOR PUBLIC TRANSPORTATION 148
TABLE 72 GOVERNMENT: ELECTRIC BUS MARKET, BY REGION, 2018–2022 (UNITS) 149
TABLE 73 GOVERNMENT: ELECTRIC BUS MARKET, BY REGION, 2023–2030 (UNITS) 149
TABLE 74 GOVERNMENT: ELECTRIC BUS MARKET, BY REGION, 2018–2022 (USD MILLION) 149
TABLE 75 GOVERNMENT: ELECTRIC BUS MARKET, BY REGION, 2023–2030 (USD MILLION) 150
11 ELECTRIC BUS MARKET, BY APPLICATION 151
11.1 INTRODUCTION 152
FIGURE 52 ELECTRIC BUS MARKET, BY APPLICATION, 2023 VS. 2030 (USD MILLION) 152
TABLE 76 ELECTRIC BUS MARKET, BY APPLICATION, 2018–2022 (UNITS) 152
TABLE 77 ELECTRIC BUS MARKET, BY APPLICATION, 2023–2030 (UNITS) 153
TABLE 78 ELECTRIC BUS MARKET, BY APPLICATION, 2018–2022 (USD MILLION) 153
TABLE 79 ELECTRIC BUS MARKET, BY APPLICATION, 2023–2030 (USD MILLION) 153
11.2 KEY INDUSTRY INSIGHTS 153
11.3 INTERCITY 154
11.3.1 ADVANCEMENTS IN BATTERY TECHNOLOGIES AND CHARGING SOLUTIONS 154
TABLE 80 INTERCITY: ELECTRIC BUS MARKET, BY REGION, 2018–2022 (UNITS) 154
TABLE 81 INTERCITY: ELECTRIC BUS MARKET, BY REGION, 2023–2030 (UNITS) 154
TABLE 82 INTERCITY: ELECTRIC BUS MARKET, BY REGION, 2018–2022 (USD MILLION) 155
TABLE 83 INTERCITY: ELECTRIC BUS MARKET, BY REGION, 2023–2030 (USD MILLION) 155
11.4 INTRACITY 155
11.4.1 NEED TO IMPROVE AIR QUALITY IN CITIES 155
TABLE 84 INTRACITY: ELECTRIC BUS MARKET, BY REGION, 2018–2022 (UNITS) 156
TABLE 85 INTRACITY: ELECTRIC BUS MARKET, BY REGION, 2023–2030 (UNITS) 156
TABLE 86 INTRACITY: ELECTRIC BUS MARKET, BY REGION, 2018–2022 (USD MILLION) 156
TABLE 87 INTRACITY: ELECTRIC BUS MARKET, BY REGION, 2023–2030 (USD MILLION) 157
12 ELECTRIC BUS MARKET, BY BATTERY CAPACITY 158
12.1 INTRODUCTION 159
FIGURE 53 ELECTRIC BUS MARKET, BY BATTERY CAPACITY, 2023 VS. 2030 (USD MILLION) 159
TABLE 88 ELECTRIC BUS MARKET, BY BATTERY CAPACITY, 2018–2022 (UNITS) 159
TABLE 89 ELECTRIC BUS MARKET, BY BATTERY CAPACITY, 2023–2030 (UNITS) 159
TABLE 90 ELECTRIC BUS MARKET, BY BATTERY CAPACITY, 2018–2022 (USD MILLION) 160
TABLE 91 ELECTRIC BUS MARKET, BY BATTERY CAPACITY, 2023–2030 (USD MILLION) 160
12.2 KEY INDUSTRY INSIGHTS 160
12.3 UP TO 400 KWH 161
12.3.1 DEPLOYED IN INTRACITY TRANSPORT 161
TABLE 92 UP TO 400 KWH: ELECTRIC BUS MARKET, BY REGION, 2018–2022 (UNITS) 161
TABLE 93 UP TO 400 KWH: ELECTRIC BUS MARKET, BY REGION, 2023–2030 (UNITS) 161
TABLE 94 UP TO 400 KWH: ELECTRIC BUS MARKET, BY REGION, 2018–2022 (USD MILLION) 162
TABLE 95 UP TO 400 KWH: ELECTRIC BUS MARKET, BY REGION, 2023–2030 (USD MILLION) 162
12.4 ABOVE 400 KWH 162
12.4.1 USED FOR LONG-DISTANCE COMMUTE 162
TABLE 96 ABOVE 400 KWH: ELECTRIC BUS MARKET, BY REGION, 2018–2022 (UNITS) 163
TABLE 97 ABOVE 400 KWH: ELECTRIC BUS MARKET, BY REGION, 2023–2030 (UNITS) 163
TABLE 98 ABOVE 400 KWH: ELECTRIC BUS MARKET, BY REGION, 2018–2022 (USD MILLION) 163
TABLE 99 ABOVE 400 KWH: ELECTRIC BUS MARKET, BY REGION, 2023–2030 (USD MILLION) 164
13 ELECTRIC BUS MARKET, BY COMPONENT 165
13.1 INTRODUCTION 166
FIGURE 54 ELECTRIC BUS MARKET, BY COMPONENT, 2023 VS. 2030 (USD MILLION) 166
TABLE 100 ELECTRIC BUS MARKET, BY COMPONENT, 2018–2022 (UNITS) 167
TABLE 101 ELECTRIC BUS MARKET, BY COMPONENT, 2023–2030 (UNITS) 167
TABLE 102 ELECTRIC BUS MARKET, BY COMPONENT, 2018–2022 (USD MILLION) 168
TABLE 103 ELECTRIC BUS MARKET, BY COMPONENT, 2023–2030 (USD MILLION) 168
13.2 KEY INDUSTRY INSIGHTS 169
13.3 MOTORS 169
13.3.1 INCREASING PREFERENCE FOR EFFICIENT MOTORS 169
TABLE 104 MOTORS: ELECTRIC BUS MARKET, BY REGION, 2018–2022 (UNITS) 169
TABLE 105 MOTORS: ELECTRIC BUS MARKET, BY REGION, 2023–2030 (UNITS) 170
TABLE 106 MOTORS: ELECTRIC BUS MARKET, BY REGION, 2018–2022 (USD MILLION) 170
TABLE 107 MOTORS: ELECTRIC BUS MARKET, BY REGION, 2023–2030 (USD MILLION) 170
13.4 BATTERIES 171
13.4.1 RAPID DEVELOPMENT OF BATTERY TECHNOLOGIES 171
TABLE 108 BATTERIES: ELECTRIC BUS MARKET, BY REGION, 2018–2022 (UNITS) 171
TABLE 109 BATTERIES: ELECTRIC BUS MARKET, BY REGION, 2023–2030 (UNITS) 171
TABLE 110 BATTERIES: ELECTRIC BUS MARKET, BY REGION, 2018–2022 (USD MILLION) 172
TABLE 111 BATTERIES: ELECTRIC BUS MARKET, BY REGION, 2023–2030 (USD MILLION) 172
13.5 FUEL CELL STACKS 172
13.5.1 GROWING DEMAND FOR HYDROGEN FUEL CELL ELECTRIC BUSES 172
TABLE 112 FUEL CELL STACKS: ELECTRIC BUS MARKET, BY REGION, 2018–2022 (UNITS) 173
TABLE 113 FUEL CELL STACKS: ELECTRIC BUS MARKET, BY REGION, 2023–2030 (UNITS) 173
TABLE 114 FUEL CELL STACKS: ELECTRIC BUS MARKET, BY REGION, 2018–2022 (USD MILLION) 173
TABLE 115 FUEL CELL STACKS: ELECTRIC BUS MARKET, BY REGION, 2023–2030 (USD MILLION) 174
13.6 BATTERY MANAGEMENT SYSTEMS 174
13.6.1 NEED FOR EFFICIENT BATTERY OPTIMIZATION IN ELECTRIC BUSES 174
TABLE 116 BATTERY MANAGEMENT SYSTEMS: ELECTRIC BUS MARKET, BY REGION, 2018–2022 (UNITS) 174
TABLE 117 BATTERY MANAGEMENT SYSTEMS: ELECTRIC BUS MARKET, BY REGION, 2023–2030 (UNITS) 175
TABLE 118 BATTERY MANAGEMENT SYSTEMS: ELECTRIC BUS MARKET, BY REGION, 2018–2022 (USD MILLION) 175
TABLE 119 BATTERY MANAGEMENT SYSTEMS: ELECTRIC BUS MARKET, BY REGION, 2023–2030 (USD MILLION) 175
13.7 BATTERY COOLING SYSTEMS 176
13.7.1 NEED FOR LONGER BATTERY LIFE 176
TABLE 120 BATTERY COOLING SYSTEMS: ELECTRIC BUS MARKET, BY REGION, 2018–2022 (UNITS) 176
TABLE 121 BATTERY COOLING SYSTEMS: ELECTRIC BUS MARKET, BY REGION, 2023–2030 (UNITS) 176
TABLE 122 BATTERY COOLING SYSTEMS: ELECTRIC BUS MARKET, BY REGION, 2018–2022 (USD MILLION) 177
TABLE 123 BATTERY COOLING SYSTEMS: ELECTRIC BUS MARKET, BY REGION, 2023–2030 (USD MILLION) 177
13.8 DC-DC CONVERTERS 177
13.8.1 GROWING SAFETY CONCERNS IN ELECTRIC BUSES 177
TABLE 124 DC-DC CONVERTERS: ELECTRIC BUS MARKET, BY REGION, 2018–2022 (UNITS) 178
TABLE 125 DC-DC CONVERTERS: ELECTRIC BUS MARKET, BY REGION, 2023–2030 (UNITS) 178
TABLE 126 DC-DC CONVERTERS: ELECTRIC BUS MARKET, BY REGION, 2018–2022 (USD MILLION) 178
TABLE 127 DC-DC CONVERTERS: ELECTRIC BUS MARKET, BY REGION, 2023–2030 (USD MILLION) 179
13.9 INVERTERS 179
13.9.1 GROWING DEMAND FOR ELECTRIC BUSES WITH HIGHER RANGE 179
TABLE 128 INVERTERS: ELECTRIC BUS MARKET, BY REGION, 2018–2022 (UNITS) 179
TABLE 129 INVERTERS: ELECTRIC BUS MARKET, BY REGION, 2023–2030 (UNITS) 180
TABLE 130 INVERTERS: ELECTRIC BUS MARKET, BY REGION, 2018–2022 (USD MILLION) 180
TABLE 131 INVERTERS: ELECTRIC BUS MARKET, BY REGION, 2023–2030 (USD MILLION) 180
13.10 AC/DC CHARGERS 181
13.10.1 INCREASING NUMBER OF CHARGING INFRASTRUCTURES 181
TABLE 132 AC/DC CHARGERS: ELECTRIC BUS MARKET, BY REGION, 2018–2022 (UNITS) 181
TABLE 133 AC/DC CHARGERS: ELECTRIC BUS MARKET, BY REGION, 2023–2030 (UNITS) 181
TABLE 134 AC/DC CHARGERS: ELECTRIC BUS MARKET, BY REGION, 2018–2022 (USD MILLION) 182
TABLE 135 AC/DC CHARGERS: ELECTRIC BUS MARKET, BY REGION, 2023–2030 (USD MILLION) 182
13.11 EV CONNECTORS 182
13.11.1 HIGH DEMAND FOR ADVANCED CHARGING SYSTEMS 182
TABLE 136 EV CONNECTORS: ELECTRIC BUS MARKET, BY REGION, 2018–2022 (UNITS) 183
TABLE 137 EV CONNECTORS: ELECTRIC BUS MARKET, BY REGION, 2023–2030 (UNITS) 183
TABLE 138 EV CONNECTORS: ELECTRIC BUS MARKET, BY REGION, 2018–2022 (USD MILLION) 183
TABLE 139 EV CONNECTORS: ELECTRIC BUS MARKET, BY REGION, 2023–2030 (USD MILLION) 184
14 ELECTRIC BUS MARKET, BY LEVEL OF AUTONOMY 185
14.1 INTRODUCTION 185
14.2 KEY INDUSTRY INSIGHTS 185
14.3 SEMI-AUTONOMOUS 185
14.3.1 ADOPTION OF ADVANCED SAFETY FEATURES 185
TABLE 140 SEMI-AUTONOMOUS ELECTRIC BUS MODELS AND THEIR FEATURES, 2022 186
14.4 AUTONOMOUS 186
14.4.1 HIGH DEMAND FOR AUTONOMOUS ELECTRIC BUSES 186
TABLE 141 AUTONOMOUS ELECTRIC BUS MODELS AND THEIR FEATURES, 2022 187
15 ELECTRIC BUS MARKET, BY POWER OUTPUT 188
15.1 INTRODUCTION 189
FIGURE 55 ELECTRIC BUS MARKET, BY POWER OUTPUT, 2023 VS. 2030 (USD MILLION) 189
TABLE 142 ELECTRIC BUS MARKET, BY POWER OUTPUT, 2018–2022 (UNITS) 189
TABLE 143 ELECTRIC BUS MARKET, BY POWER OUTPUT, 2023–2030 (UNITS) 189
TABLE 144 ELECTRIC BUS MARKET, BY POWER OUTPUT, 2018–2022 (USD MILLION) 190
TABLE 145 ELECTRIC BUS MARKET, BY POWER OUTPUT, 2023–2030 (USD MILLION) 190
15.2 KEY PRIMARY INSIGHTS 190
15.3 UP TO 250 KW 191
15.3.1 WIDELY USED IN PUBLIC TRANSPORT BUSES 191
TABLE 146 UP TO 250 KW: ELECTRIC BUS MARKET, BY REGION, 2018–2022 (UNITS) 191
TABLE 147 UP TO 250 KW: ELECTRIC BUS MARKET, BY REGION, 2023–2030 (UNITS) 191
TABLE 148 UP TO 250 KW: ELECTRIC BUS MARKET, BY REGION, 2018–2022 (USD MILLION) 192
TABLE 149 UP TO 250 KW: ELECTRIC BUS MARKET, BY REGION, 2023–2030 (USD MILLION) 192
15.4 ABOVE 250 KW 192
15.4.1 DEMAND FOR HIGH-PERFORMANCE ELECTRIC BUSES 192
TABLE 150 ABOVE 250 KW: ELECTRIC BUS MARKET, BY REGION, 2018–2022 (UNITS) 193
TABLE 151 ABOVE 250 KW: ELECTRIC BUS MARKET, BY REGION, 2023–2030 (UNITS) 193
TABLE 152 ABOVE 250 KW: ELECTRIC BUS MARKET, BY REGION, 2018–2022 (USD MILLION) 193
TABLE 153 ABOVE 250 KW: ELECTRIC BUS MARKET, BY REGION, 2023–2030 (USD MILLION) 194
16 ELECTRIC BUS MARKET, BY SEATING CAPACITY 195
16.1 INTRODUCTION 196
FIGURE 56 ELECTRIC BUS MARKET, BY SEATING CAPACITY, 2023 VS. 2030 (USD MILLION) 196
TABLE 154 ELECTRIC BUS MARKET, BY SEATING CAPACITY, 2018–2022 (UNITS) 196
TABLE 155 ELECTRIC BUS MARKET, BY SEATING CAPACITY, 2023–2030 (UNITS) 197
TABLE 156 ELECTRIC BUS MARKET, BY SEATING CAPACITY, 2018–2022 (USD MILLION) 197
TABLE 157 ELECTRIC BUS MARKET, BY SEATING CAPACITY, 2023–2030 (USD MILLION) 197
16.2 KEY INDUSTRY INSIGHTS 198
16.3 UP TO 40 SEATS 198
16.3.1 NEED FOR ELECTRIC BUSES FOR SHORT-DISTANCE SHUTTLES 198
16.4 40–70 SEATS 198
16.4.1 WIDELY USED IN PUBLIC TRANSPORTATION 198
16.5 ABOVE 70 SEATS 199
16.5.1 NEED FOR HIGHER PASSENGER-CARRYING CAPABILITIES 199
17 ELECTRIC BUS MARKET, BY REGION 200
17.1 INTRODUCTION 201
FIGURE 57 ELECTRIC BUS MARKET, BY REGION, 2023 VS. 2030 (UNITS) 201
TABLE 158 ELECTRIC BUS MARKET, BY REGION, 2018–2022 (UNITS) 202
TABLE 159 ELECTRIC BUS MARKET, BY REGION, 2023–2030 (UNITS) 202
TABLE 160 ELECTRIC BUS MARKET, BY REGION, 2018–2022 (USD MILLION) 202
TABLE 161 ELECTRIC BUS MARKET, BY REGION, 2023–2030 (USD MILLION) 203
17.2 ASIA PACIFIC 203
FIGURE 58 ASIA PACIFIC: ELECTRIC BUS MARKET SNAPSHOT 204
TABLE 162 ASIA PACIFIC: ELECTRIC BUS MARKET, BY COUNTRY, 2018–2022 (UNITS) 205
TABLE 163 ASIA PACIFIC: ELECTRIC BUS MARKET, BY COUNTRY, 2023–2030 (UNITS) 205
TABLE 164 ASIA PACIFIC: ELECTRIC BUS MARKET, BY COUNTRY, 2018–2022 (USD MILLION) 206
TABLE 165 ASIA PACIFIC: ELECTRIC BUS MARKET, BY COUNTRY, 2023–2030 (USD MILLION) 206
17.2.1 ASIA PACIFIC: RECESSION IMPACT 207
17.2.2 CHINA 207
17.2.2.1 Widespread adoption of electric buses in public transport and presence of leading OEMs 207
TABLE 166 CHINA: ELECTRIC BUS MARKET, BY PROPULSION, 2018–2022 (UNITS) 207
TABLE 167 CHINA: ELECTRIC BUS MARKET, BY PROPULSION, 2023–2030 (UNITS) 207
TABLE 168 CHINA: ELECTRIC BUS MARKET, BY PROPULSION, 2018–2022 (USD MILLION) 207
TABLE 169 CHINA: ELECTRIC BUS MARKET, BY PROPULSION, 2023–2030 (USD MILLION) 208
17.2.3 JAPAN 208
17.2.3.1 Focus on advanced electric buses 208
TABLE 170 JAPAN: ELECTRIC BUS MARKET, BY PROPULSION, 2018–2022 (UNITS) 208
TABLE 171 JAPAN: ELECTRIC BUS MARKET, BY PROPULSION, 2023–2030 (UNITS) 208
TABLE 172 JAPAN: ELECTRIC BUS MARKET, BY PROPULSION, 2018–2022 (USD MILLION) 209
TABLE 173 JAPAN: ELECTRIC BUS MARKET, BY PROPULSION, 2023–2030 (USD MILLION) 209
17.2.4 INDIA 209
17.2.4.1 Government support for electrification of public transport 209
TABLE 174 INDIA: ELECTRIC BUS MARKET, BY PROPULSION, 2018–2022 (UNITS) 210
TABLE 175 INDIA: ELECTRIC BUS MARKET, BY PROPULSION, 2023–2030 (UNITS) 210
TABLE 176 INDIA: ELECTRIC BUS MARKET, BY PROPULSION, 2018–2022 (USD MILLION) 210
TABLE 177 INDIA: ELECTRIC BUS MARKET, BY PROPULSION, 2023–2030 (USD MILLION) 210
17.2.5 SOUTH KOREA 211
17.2.5.1 Focus on electrification of public transport fleets 211
TABLE 178 SOUTH KOREA: ELECTRIC BUS MARKET, BY PROPULSION, 2018–2022 (UNITS) 211
TABLE 179 SOUTH KOREA: ELECTRIC BUS MARKET, BY PROPULSION, 2023–2030 (UNITS) 211
TABLE 180 SOUTH KOREA: ELECTRIC BUS MARKET, BY PROPULSION, 2018–2022 (USD MILLION) 211
TABLE 181 SOUTH KOREA: ELECTRIC BUS MARKET, BY PROPULSION, 2023–2030 (USD MILLION) 212
17.2.6 SINGAPORE 212
17.2.6.1 Aim for green public transport by 2040 212
TABLE 182 SINGAPORE: ELECTRIC BUS MARKET, BY PROPULSION, 2018–2022 (UNITS) 212
TABLE 183 SINGAPORE: ELECTRIC BUS MARKET, BY PROPULSION, 2023–2030 (UNITS) 213
TABLE 184 SINGAPORE: ELECTRIC BUS MARKET, BY PROPULSION, 2018–2022 (USD MILLION) 213
TABLE 185 SINGAPORE: ELECTRIC BUS MARKET, BY PROPULSION, 2023–2030 (USD MILLION) 213
17.2.7 INDONESIA 213
17.2.7.1 Commitment to improving air quality 213
TABLE 186 INDONESIA: ELECTRIC BUS MARKET, BY PROPULSION, 2018–2022 (UNITS) 214
TABLE 187 INDONESIA: ELECTRIC BUS MARKET, BY PROPULSION, 2023–2030 (UNITS) 214
TABLE 188 INDONESIA: ELECTRIC BUS MARKET, BY PROPULSION, 2018–2022 (USD MILLION) 214
TABLE 189 INDONESIA: ELECTRIC BUS MARKET, BY PROPULSION, 2023–2030 (USD MILLION) 214
17.2.8 HONG KONG 215
17.2.8.1 Government initiatives to reduce GHG emissions 215
TABLE 190 HONG KONG: ELECTRIC BUS MARKET, BY PROPULSION, 2018–2022 (UNITS) 215
TABLE 191 HONG KONG: ELECTRIC BUS MARKET, BY PROPULSION, 2023–2030 (UNITS) 215
TABLE 192 HONG KONG: ELECTRIC BUS MARKET, BY PROPULSION, 2018–2022 (USD MILLION) 215
TABLE 193 HONG KONG: ELECTRIC BUS MARKET, BY PROPULSION, 2023–2030 (USD MILLION) 216
17.2.9 AUSTRALIA 216
17.2.9.1 Increase in awareness of climate change 216
TABLE 194 AUSTRALIA: ELECTRIC BUS MARKET, BY PROPULSION, 2018–2022 (UNITS) 216
TABLE 195 AUSTRALIA: ELECTRIC BUS MARKET, BY PROPULSION, 2023–2030 (UNITS) 216
TABLE 196 AUSTRALIA: ELECTRIC BUS MARKET, BY PROPULSION, 2018–2022 (USD MILLION) 217
TABLE 197 AUSTRALIA: ELECTRIC BUS MARKET, BY PROPULSION, 2023–2030 (USD MILLION) 217
17.3 EUROPE 217
FIGURE 59 EUROPE: ELECTRIC BUS MARKET, BY COUNTRY, 2021 (UNITS) 218
TABLE 198 EUROPE: ELECTRIC BUS MARKET, BY COUNTRY, 2018–2022 (UNITS) 218
TABLE 199 EUROPE: ELECTRIC BUS MARKET, BY COUNTRY, 2023–2030 (UNITS) 219
TABLE 200 EUROPE: ELECTRIC BUS MARKET, BY COUNTRY, 2018–2022 (USD MILLION) 219
TABLE 201 EUROPE: ELECTRIC BUS MARKET, BY COUNTRY, 2023–2030 (USD MILLION) 220
17.3.1 EUROPE: RECESSION IMPACT 220
17.3.2 FRANCE 221
17.3.2.1 Promotion of pure battery-electric buses for 2024 Summer Olympics 221
TABLE 202 FRANCE: ELECTRIC BUS MARKET, BY PROPULSION, 2018–2022 (UNITS) 221
TABLE 203 FRANCE: ELECTRIC BUS MARKET, BY PROPULSION, 2023–2030 (UNITS) 221
TABLE 204 FRANCE: ELECTRIC BUS MARKET, BY PROPULSION, 2018–2022 (USD MILLION) 221
TABLE 205 FRANCE: ELECTRIC BUS MARKET, BY PROPULSION, 2023–2030 (USD MILLION) 222
17.3.3 GERMANY 222
17.3.3.1 Increased government incentives and investments for infrastructure development 222
TABLE 206 GERMANY: ELECTRIC BUS MARKET, BY PROPULSION, 2018–2022 (UNITS) 222
TABLE 207 GERMANY: ELECTRIC BUS MARKET, BY PROPULSION, 2023–2030 (UNITS) 223
TABLE 208 GERMANY: ELECTRIC BUS MARKET, BY PROPULSION, 2018–2022 (USD MILLION) 223
TABLE 209 GERMANY: ELECTRIC BUS MARKET, BY PROPULSION, 2023–2030 (USD MILLION) 223
17.3.4 SPAIN 223
17.3.4.1 Government focus on replacing existing public transport fleet with electric buses 223
TABLE 210 SPAIN: ELECTRIC BUS MARKET, BY PROPULSION, 2018–2022 (UNITS) 224
TABLE 211 SPAIN: ELECTRIC BUS MARKET, BY PROPULSION, 2023–2030 (UNITS) 224
TABLE 212 SPAIN: ELECTRIC BUS MARKET, BY PROPULSION, 2018–2022 (USD MILLION) 224
TABLE 213 SPAIN: ELECTRIC BUS MARKET, BY PROPULSION, 2023–2030 (USD MILLION) 224
17.3.5 AUSTRIA 225
17.3.5.1 Rising emission concerns 225
TABLE 214 AUSTRIA: ELECTRIC BUS MARKET, BY PROPULSION, 2018–2022 (UNITS) 225
TABLE 215 AUSTRIA: ELECTRIC BUS MARKET, BY PROPULSION, 2023–2030 (UNITS) 225
TABLE 216 AUSTRIA: ELECTRIC BUS MARKET, BY PROPULSION, 2018–2022 (USD MILLION) 225
TABLE 217 AUSTRIA: ELECTRIC BUS MARKET, BY PROPULSION, 2023–2030 (USD MILLION) 226
17.3.6 NORWAY 226
17.3.6.1 Government support and schemes for electric buses 226
TABLE 218 NORWAY: ELECTRIC BUS MARKET, BY PROPULSION, 2018–2022 (UNITS) 226
TABLE 219 NORWAY: ELECTRIC BUS MARKET, BY PROPULSION, 2023–2030 (UNITS) 226
TABLE 220 NORWAY: ELECTRIC BUS MARKET, BY PROPULSION, 2018–2022 (USD MILLION) 227
TABLE 221 NORWAY: ELECTRIC BUS MARKET, BY PROPULSION, 2023–2030 (USD MILLION) 227
17.3.7 SWEDEN 227
17.3.7.1 Presence of market-leading OEMs 227
TABLE 222 SWEDEN: ELECTRIC BUS MARKET, BY PROPULSION, 2018–2022 (UNITS) 227
TABLE 223 SWEDEN: ELECTRIC BUS MARKET, BY PROPULSION, 2023–2030 (UNITS) 228
TABLE 224 SWEDEN: ELECTRIC BUS MARKET, BY PROPULSION, 2018–2022 (USD MILLION) 228
TABLE 225 SWEDEN: ELECTRIC BUS MARKET, BY PROPULSION, 2023–2030 (USD MILLION) 228
17.3.8 SWITZERLAND 228
17.3.8.1 Favorable government regulations 228
TABLE 226 SWITZERLAND: ELECTRIC BUS MARKET, BY PROPULSION, 2018–2022 (UNITS) 229
TABLE 227 SWITZERLAND: ELECTRIC BUS MARKET, BY PROPULSION, 2023–2030 (UNITS) 229
TABLE 228 SWITZERLAND: ELECTRIC BUS MARKET, BY PROPULSION, 2018–2022 (USD MILLION) 229
TABLE 229 SWITZERLAND: ELECTRIC BUS MARKET, BY PROPULSION, 2023–2030 (USD MILLION) 229
17.3.9 NETHERLANDS 230
17.3.9.1 Increased orders and deliveries of electric buses 230
TABLE 230 NETHERLANDS: ELECTRIC BUS MARKET, BY PROPULSION, 2018–2022 (UNITS) 230
TABLE 231 NETHERLANDS: ELECTRIC BUS MARKET, BY PROPULSION, 2023–2030 (UNITS) 230
TABLE 232 NETHERLANDS: ELECTRIC BUS MARKET, BY PROPULSION, 2018–2022 (USD MILLION) 230
TABLE 233 NETHERLANDS: ELECTRIC BUS MARKET, BY PROPULSION, 2023–2030 (USD MILLION) 231
17.3.10 BELGIUM 231
17.3.10.1 Investments in electrification and emission-free transport 231
TABLE 234 BELGIUM: ELECTRIC BUS MARKET, BY PROPULSION, 2018–2022 (UNITS) 231
TABLE 235 BELGIUM: ELECTRIC BUS MARKET, BY PROPULSION, 2023–2030 (UNITS) 231
TABLE 236 BELGIUM: ELECTRIC BUS MARKET, BY PROPULSION, 2018–2022 (USD MILLION) 232
TABLE 237 BELGIUM: ELECTRIC BUS MARKET, BY PROPULSION, 2023–2030 (USD MILLION) 232
17.3.11 UK 232
17.3.11.1 Stringent regulations for emission-free buses 232
TABLE 238 UK: ELECTRIC BUS MARKET, BY PROPULSION, 2018–2022 (UNITS) 232
TABLE 239 UK: ELECTRIC BUS MARKET, BY PROPULSION, 2023–2030 (UNITS) 233
TABLE 240 UK: ELECTRIC BUS MARKET, BY PROPULSION, 2018–2023 (USD MILLION) 233
TABLE 241 UK: ELECTRIC BUS MARKET, BY PROPULSION, 2023–2030 (USD MILLION) 233
17.3.12 TURKEY 234
17.3.12.1 Continuous advancements in technology 234
TABLE 242 TURKEY: ELECTRIC BUS MARKET, BY PROPULSION, 2018–2022 (UNITS) 234
TABLE 243 TURKEY: ELECTRIC BUS MARKET, BY PROPULSION, 2023–2030 (UNITS) 234
TABLE 244 TURKEY: ELECTRIC BUS MARKET, BY PROPULSION, 2018–2022 (USD MILLION) 234
TABLE 245 TURKEY: ELECTRIC BUS MARKET, BY PROPULSION, 2023–2030 (USD MILLION) 235
17.3.13 POLAND 235
17.3.13.1 Push toward sustainable public transportation 235
TABLE 246 POLAND: ELECTRIC BUS MARKET, BY PROPULSION, 2018–2022 (UNITS) 235
TABLE 247 POLAND: ELECTRIC BUS MARKET, BY PROPULSION, 2023–2030 (UNITS) 235
TABLE 248 POLAND: ELECTRIC BUS MARKET, BY PROPULSION, 2018–2022 (USD MILLION) 236
TABLE 249 POLAND: ELECTRIC BUS MARKET, BY PROPULSION, 2023–2030 (USD MILLION) 236
17.4 NORTH AMERICA 236
FIGURE 60 NORTH AMERICA: ELECTRIC BUS MARKET SNAPSHOT 237
TABLE 250 NORTH AMERICA: ELECTRIC BUS MARKET, BY COUNTRY, 2018–2022 (UNITS) 237
TABLE 251 NORTH AMERICA: ELECTRIC BUS MARKET, BY COUNTRY, 2023–2030 (UNITS) 238
TABLE 252 NORTH AMERICA: ELECTRIC BUS MARKET, BY COUNTRY, 2018–2022 (USD MILLION) 238
TABLE 253 NORTH AMERICA: ELECTRIC BUS MARKET, BY COUNTRY, 2023–2030 (USD MILLION) 238
17.4.1 NORTH AMERICA: RECESSION IMPACT 239
17.4.2 US 239
17.4.2.1 Government programs for zero-emission vehicles 239
TABLE 254 US: ELECTRIC BUS MARKET, BY PROPULSION, 2018–2022 (UNITS) 239
TABLE 255 US: ELECTRIC BUS MARKET, BY PROPULSION, 2023–2030 (UNITS) 239
TABLE 256 US: ELECTRIC BUS MARKET, BY PROPULSION, 2018–2022 (USD MILLION) 240
TABLE 257 US: ELECTRIC BUS MARKET, BY PROPULSION, 2023–2030 (USD MILLION) 240
17.4.3 CANADA 240
17.4.3.1 Growing adoption of electric school buses 240
TABLE 258 CANADA: ELECTRIC BUS MARKET, BY PROPULSION, 2018–2022 (UNITS) 241
TABLE 259 CANADA: ELECTRIC BUS MARKET, BY PROPULSION, 2023–2030 (UNITS) 241
TABLE 260 CANADA: ELECTRIC BUS MARKET, BY PROPULSION, 2018–2022 (USD MILLION) 241
TABLE 261 CANADA: ELECTRIC BUS MARKET, BY PROPULSION, 2023–2030 (USD MILLION) 241
17.5 LATIN AMERICA 242
FIGURE 61 LATIN AMERICA: ELECTRIC BUS MARKET, BY COUNTRY, 2023–2030 (UNITS) 242
TABLE 262 LATIN AMERICA: ELECTRIC BUS MARKET, BY COUNTRY, 2018–2022 (UNITS) 242
TABLE 263 LATIN AMERICA: ELECTRIC BUS MARKET, BY COUNTRY, 2023–2030 (UNITS) 243
TABLE 264 LATIN AMERICA: ELECTRIC BUS MARKET, BY COUNTRY, 2018–2022 (USD MILLION) 243
TABLE 265 LATIN AMERICA: ELECTRIC BUS MARKET, BY COUNTRY, 2023–2030 (USD MILLION) 243
17.5.1 LATIN AMERICA: RECESSION IMPACT 244
17.5.2 ARGENTINA 244
17.5.2.1 Shift toward electrification of bus fleets 244
TABLE 266 ARGENTINA: ELECTRIC BUS MARKET, BY PROPULSION, 2018–2022 (UNITS) 244
TABLE 267 ARGENTINA: ELECTRIC BUS MARKET, BY PROPULSION, 2023–2030 (UNITS) 244
TABLE 268 ARGENTINA: ELECTRIC BUS MARKET, BY PROPULSION, 2018–2022 (USD MILLION) 244
TABLE 269 ARGENTINA: ELECTRIC BUS MARKET, BY PROPULSION, 2023–2030 (USD MILLION) 245
17.5.3 BRAZIL 245
17.5.3.1 Growing environmental concerns 245
TABLE 270 BRAZIL: ELECTRIC BUS MARKET, BY PROPULSION, 2018–2022 (UNITS) 245
TABLE 271 BRAZIL: ELECTRIC BUS MARKET, BY PROPULSION, 2023–2030 (UNITS) 245
TABLE 272 BRAZIL: ELECTRIC BUS MARKET, BY PROPULSION, 2018–2022 (USD MILLION) 246
TABLE 273 BRAZIL: ELECTRIC BUS MARKET, BY PROPULSION, 2023–2030 (USD MILLION) 246
17.5.4 CHILE 246
17.5.4.1 Government focus on emission-free public transport 246
TABLE 274 CHILE: ELECTRIC BUS MARKET, BY PROPULSION, 2018–2022 (UNITS) 246
TABLE 275 CHILE: ELECTRIC BUS MARKET, BY PROPULSION, 2023–2030 (UNITS) 247
TABLE 276 CHILE: ELECTRIC BUS MARKET, BY PROPULSION, 2018–2022 (USD MILLION) 247
TABLE 277 CHILE: ELECTRIC BUS MARKET, BY PROPULSION, 2023–2030 (USD MILLION) 247
17.5.5 MEXICO 247
17.5.5.1 Electrification of trolleybuses 247
TABLE 278 MEXICO: ELECTRIC BUS MARKET, BY PROPULSION, 2018–2022 (UNITS) 248
TABLE 279 MEXICO: ELECTRIC BUS MARKET, BY PROPULSION, 2023–2030 (UNITS) 248
TABLE 280 MEXICO: ELECTRIC BUS MARKET, BY PROPULSION, 2018–2022 (USD MILLION) 248
TABLE 281 MEXICO: ELECTRIC BUS MARKET, BY PROPULSION, 2023–2030 (USD MILLION) 248
17.5.6 COLOMBIA 249
17.5.6.1 Increasing government initiatives for electric bus purchases 249
TABLE 282 COLOMBIA: ELECTRIC BUS MARKET, BY PROPULSION, 2018–2022 (UNITS) 249
TABLE 283 COLOMBIA: ELECTRIC BUS MARKET, BY PROPULSION, 2023–2030 (UNITS) 249
TABLE 284 COLOMBIA: ELECTRIC BUS MARKET, BY PROPULSION, 2018–2022 (USD MILLION) 249
TABLE 285 COLOMBIA: ELECTRIC BUS MARKET, BY PROPULSION, 2023–2030 (USD MILLION) 249
17.5.7 PANAMA 250
17.5.7.1 Growing trend toward electric buses 250
TABLE 286 PANAMA: ELECTRIC BUS MARKET, BY PROPULSION, 2018–2022 (UNITS) 250
TABLE 287 PANAMA: ELECTRIC BUS MARKET, BY PROPULSION, 2023–2030 (UNITS) 250
TABLE 288 PANAMA: ELECTRIC BUS MARKET, BY PROPULSION, 2018–2022 (USD MILLION) 250
TABLE 289 PANAMA: ELECTRIC BUS MARKET, BY PROPULSION, 2023–2030 (USD MILLION) 251
17.5.8 GUATEMALA 251
17.5.8.1 Electric buses leading way to sustainability 251
TABLE 290 GUATEMALA: ELECTRIC BUS MARKET, BY PROPULSION, 2018–2022 (UNITS) 251
TABLE 291 GUATEMALA: ELECTRIC BUS MARKET, BY PROPULSION, 2023–2030 (UNITS) 251
TABLE 292 GUATEMALA: ELECTRIC BUS MARKET, BY PROPULSION, 2018–2022 (USD MILLION) 252
TABLE 293 GUATEMALA: ELECTRIC BUS MARKET, BY PROPULSION, 2023–2030 (USD MILLION) 252
17.6 MIDDLE EAST & AFRICA 252
FIGURE 62 MIDDLE EAST & AFRICA: ELECTRIC BUS MARKET, BY COUNTRY, 2023–2030 (UNITS) 253
TABLE 294 MIDDLE EAST & AFRICA: ELECTRIC BUS MARKET, BY COUNTRY, 2018–2022 (UNITS) 253
TABLE 295 MIDDLE EAST & AFRICA: ELECTRIC BUS MARKET, BY COUNTRY, 2023–2030 (UNITS) 253
TABLE 296 MIDDLE EAST & AFRICA: ELECTRIC BUS MARKET, BY COUNTRY, 2018–2022 (USD MILLION) 254
TABLE 297 MIDDLE EAST & AFRICA: ELECTRIC BUS MARKET, BY COUNTRY, 2023–2030 (USD MILLION) 254
17.6.1 MIDDLE EAST & AFRICA: RECESSION IMPACT 254
17.6.2 SOUTH AFRICA 255
17.6.2.1 Investments by leading OEMs 255
TABLE 298 SOUTH AFRICA: ELECTRIC BUS MARKET, BY PROPULSION, 2018–2022 (UNITS) 255
TABLE 299 SOUTH AFRICA: ELECTRIC BUS MARKET, BY PROPULSION, 2023–2030 (UNITS) 255
TABLE 300 SOUTH AFRICA: ELECTRIC BUS MARKET, BY PROPULSION, 2018–2022 (USD MILLION) 255
TABLE 301 SOUTH AFRICA: ELECTRIC BUS MARKET, BY PROPULSION, 2023–2030 (USD MILLION) 256
17.6.3 UAE 256
17.6.3.1 Growing electrification trend in cities 256
TABLE 302 UAE: ELECTRIC BUS MARKET, BY PROPULSION, 2018–2022 (UNITS) 256
TABLE 303 UAE: ELECTRIC BUS MARKET, BY PROPULSION, 2023–2030 (UNITS) 256
TABLE 304 UAE: ELECTRIC BUS MARKET, BY PROPULSION, 2018–2022 (USD MILLION) 257
TABLE 305 UAE: ELECTRIC BUS MARKET, BY PROPULSION, 2023–2030 (USD MILLION) 257
17.6.4 QATAR 257
17.6.4.1 Net-zero aim to push incorporation of electric buses 257
TABLE 306 QATAR: ELECTRIC BUS MARKET, BY PROPULSION, 2018–2022 (UNITS) 257
TABLE 307 QATAR: ELECTRIC BUS MARKET, BY PROPULSION, 2023–2030 (UNITS) 258
TABLE 308 QATAR: ELECTRIC BUS MARKET, BY PROPULSION, 2018–2022 (USD MILLION) 258
TABLE 309 QATAR: ELECTRIC BUS MARKET, BY PROPULSION, 2023–2030 (USD MILLION) 258
18 COMPETITIVE LANDSCAPE 259
18.1 OVERVIEW 259
18.2 ELECTRIC BUS MARKET SHARE ANALYSIS 259
TABLE 310 ELECTRIC BUS MARKET: DEGREE OF COMPETITION, 2022 260
TABLE 311 KEY STRATEGIES ADOPTED BY LEADING PLAYERS IN ELECTRIC BUS MARKET, 2020–2022 260
FIGURE 63 ELECTRIC BUS MARKET SHARE ANALYSIS, 2022 261
18.3 REVENUE ANALYSIS OF TOP 5 LISTED/PUBLIC PLAYERS 263
FIGURE 64 TOP 5 PUBLIC/LISTED PLAYERS DOMINATING ELECTRIC BUS MARKET IN 2019–2021 263
18.4 OEM SALES, 2021 VS. 2022 264
TABLE 312 ELECTRIC BUS SALES BY TOP PLAYERS, 2021 VS. 2022 264
18.5 COMPETITIVE SCENARIOS AND TRENDS 264
18.5.1 PRODUCT LAUNCHES 264
TABLE 313 PRODUCT LAUNCHES, 2020–2022 265
18.5.2 DEALS 266
TABLE 314 DEALS, 2020–2023 266
TABLE 315 OTHER DEVELOPMENTS, 2021 267
18.6 COMPANY EVALUATION QUADRANT 267
18.6.1 STARS 268
18.6.2 EMERGING LEADERS 268
18.6.3 PERVASIVE PLAYERS 268
18.6.4 PARTICIPANTS 268
FIGURE 65 ELECTRIC BUS MARKET: COMPANY EVALUATION QUADRANT, 2022 269
TABLE 316 ELECTRIC BUS MARKET: COMPANY FOOTPRINT, 2022 270
TABLE 317 ELECTRIC BUS MARKET: PRODUCT FOOTPRINT, 2022 270
TABLE 318 ELECTRIC BUS MARKET: REGIONAL FOOTPRINT, 2022 271
18.7 START-UP/SME EVALUATION QUADRANT 271
18.7.1 PROGRESSIVE COMPANIES 271
18.7.2 RESPONSIVE COMPANIES 271
18.7.3 DYNAMIC COMPANIES 271
18.7.4 STARTING BLOCKS 272
FIGURE 66 ELECTRIC BUS MARKET: START-UP/SME EVALUATION QUADRANT, 2022 272
TABLE 319 ELECTRIC BUS MARKET: LIST OF KEY START-UPS/SMES 273
TABLE 320 ELECTRIC BUS MARKET: COMPETITIVE BENCHMARKING OF START-UPS/SMES 274
19 COMPANY PROFILES 275
(Business Overview, Products Offered, Recent Developments, MnM View Right to win, Strategic choices made, Weaknesses and competitive threats) *
19.1 KEY PLAYERS 275
19.1.1 BYD 275
TABLE 321 BYD: COMPANY OVERVIEW 275
FIGURE 67 BYD: COMPANY SNAPSHOT 276
TABLE 322 BYD: PRODUCTS OFFERED 276
TABLE 323 BYD: PRODUCT LAUNCHES 277
TABLE 324 BYD: DEALS 277
19.1.2 YUTONG 280
TABLE 325 YUTONG: COMPANY OVERVIEW 280
TABLE 326 YUTONG: PRODUCTS OFFERED 280
TABLE 327 YUTONG: PRODUCT LAUNCHES 281
TABLE 328 YUTONG: DEALS 282
TABLE 329 YUTONG: OTHERS 282
19.1.3 PROTERRA 284
TABLE 330 PROTERRA: COMPANY OVERVIEW 284
TABLE 331 PROTERRA: PRODUCTS OFFERED 284
TABLE 332 PROTERRA: PRODUCT LAUNCHES 285
TABLE 333 PROTERRA: DEALS 285
TABLE 334 PROTERRA: OTHERS 286
19.1.4 VDL GROEP 288
TABLE 335 VDL GROEP: COMPANY OVERVIEW 288
FIGURE 68 VDL GROEP: COMPANY SNAPSHOT 288
TABLE 336 VDL GROEP: PRODUCTS OFFERED 289
TABLE 337 VDL GROEP: PRODUCT LAUNCHES 289
TABLE 338 VDL GROEP: DEALS 290
19.1.5 AB VOLVO 291
TABLE 339 AB VOLVO: COMPANY OVERVIEW 291
FIGURE 69 AB VOLVO: COMPANY SNAPSHOT 292
TABLE 340 AB VOLVO: PRODUCTS OFFERED 292
TABLE 341 AB VOLVO: DEALS 293
19.1.6 CRRC CORPORATION 295
TABLE 342 CRRC CORPORATION: COMPANY OVERVIEW 295
TABLE 343 CRRC: PRODUCTS OFFERED 295
TABLE 344 CRRC: DEALS 296
19.1.7 DAIMLER AG 297
TABLE 345 DAIMLER AG: COMPANY OVERVIEW 297
TABLE 346 DAIMLER AG: PRODUCTS OFFERED 297
TABLE 347 DAIMLER AG: DEALS 298
19.1.8 NFI GROUP 299
TABLE 348 NFI GROUP: COMPANY OVERVIEW 299
FIGURE 70 NFI GROUP: COMPANY SNAPSHOT 299
TABLE 349 NFI GROUP: PRODUCTS OFFERED 300
TABLE 350 NFI GROUP: PRODUCT LAUNCHES 301
TABLE 351 NFI GROUP: DEALS 301
19.1.9 CAF (SOLARIS) 302
TABLE 352 CAF (SOLARIS): COMPANY OVERVIEW 302
FIGURE 71 CAF (SOLARIS): COMPANY SNAPSHOT 302
TABLE 353 CAF (SOLARIS): PRODUCTS OFFERED 303
TABLE 354 CAF (SOLARIS): PRODUCT LAUNCHES 303
TABLE 355 CAF (SOLARIS): DEALS 304
19.1.10 EBUSCO 305
TABLE 356 EBUSCO: COMPANY OVERVIEW 305
FIGURE 72 EBUSCO: COMPANY SNAPSHOT 305
TABLE 357 EBUSCO: PRODUCTS OFFERED 306
TABLE 358 EBUSCO: DEALS 307
19.1.11 KING LONG 308
TABLE 359 KING LONG: COMPANY OVERVIEW 308
TABLE 360 KING LONG: PRODUCTS OFFERED 308
TABLE 361 KING LONG: PRODUCT LAUNCHES 309
TABLE 362 KING LONG: DEALS 309
19.1.12 ANKAI 310
TABLE 363 ANKAI: COMPANY OVERVIEW 310
19.1.13 ZHONGTONG BUS HOLDING 311
TABLE 364 ZHONGTONG BUS HOLDING: COMPANY OVERVIEW 311
TABLE 365 ZHONGTONG BUS HOLDING: PRODUCTS OFFERED 311
19.2 OTHER KEY PLAYERS 312
19.2.1 BLUE BIRD CORPORATION 312
19.2.2 GILLIG LLC 312
19.2.3 THE LION ELECTRIC COMPANY 313
19.2.4 TATA MOTORS 313
19.2.5 ASHOK LEYLAND 314
19.2.6 CHANGSHA SUNDA NEW ENERGY TECHNOLOGY CO. LTD. 314
19.2.7 YINLONG ENERGY 315
19.2.8 GOLDEN DRAGON 315
19.2.9 JBM AUTO LIMITED 316
19.2.10 SCANIA 316
19.2.11 IRIZAR 317
19.2.12 IVECO 317
19.2.13 BLUE BUS 318
19.2.14 BOZANKAYA 318
19.2.15 CAETANOBUS 319
19.2.16 CHARIOT MOTORS 319
19.2.17 HEULIEZ BUS 320
19.2.18 HYBRICON 320
19.2.19 OTOKAR OTOMOTIV VE SAVUNMA SANAYI A.Ş. 321
19.2.20 SOR LIBCHAVY 321
19.2.21 TEMSA 322
19.2.22 URSUS BUS 322
19.2.23 VAN HOOL NV 323
19.2.24 KARSAN 323
19.2.25 MELLOR 324
19.2.26 HINO MOTORS, LTD. 324
*Details on Business Overview, Products Offered, Recent Developments, MnM View, Right to win, Strategic choices made, Weaknesses and competitive threats might not be captured in case of unlisted companies.
20 RECOMMENDATIONS BY MARKETSANDMARKETS 325
20.1 ASIA PACIFIC TO BE MAJOR ELECTRIC BUS MARKET 325
20.2 BATTERY ELECTRIC BUSES TO BE KEY FOCUS AREA FOR MANUFACTURERS 325
20.3 CONCLUSION 326
21 APPENDIX 327
21.1 KEY INDUSTRY INSIGHTS 327
21.2 DISCUSSION GUIDE 327
21.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 330
21.4 CUSTOMIZATION OPTIONS 332
21.5 RELATED REPORTS 332
21.6 AUTHOR DETAILS 333