Global Electric Bus Market Analysis 2021

The Global Electric Bus Market is expected to reach $52.46 billion by 2027 growing at a CAGR of 14.6% from 2020 to 2027. An electric bus or e-bus is a bus that does not have a traditional ICE engine for its propulsion and is completely electric that uses electricity onboard or operates on electricity. E-bus is driven by an onboard electric motor that receives power from onboard batteries or a set of batteries. Electric buses are considered as eco-friendly as they do not produce any pollutants are also economical when compared with traditional gasoline/diesel buses. Factors such as the increase in demand for fuel-efficient, high-performance, and low-emission buses and reduction in battery prices are driving the growth of the market. However, high manufacturing costs and low fuel economy & serviceability are restraining the growth of the market. Based on the component, the batteries segment is going to have a lucrative growth during the forecast period as battery-powered buses store electricity in large battery capacity packs. These buses use the strength of these batteries to run electric motors and operate on all electronic devices. The growth of batteries using electric buses is due to low levels of carbon emissions and declining battery prices. The key vendors mentioned are Zhongtong Bus Holdings Co., Ltd , Yutong Group, Shenzhen Wuzhoulong Motors Co., Ltd, Proterra Inc., New Flyer Industries Inc. (NFI Group Inc.), Solaris Bus & Coach, BYD Company Limited, Alexander Dennis Limited, Daimler AG, Ashok Leyland, Ltd., Volvo Group, Ebusco®, BYD Auto Co., Ltd., Iveco, Tata Motors and King Long. Power Outputs Covered: • Up to 250kW • Above 250 kW Propulsion Types Covered: • Fuel Cell Electric Vehicle (FCEV) • All-Electric • Plug-In Hybrid Electric Vehicle (PHEV) • Battery Electric Vehicle (BEV) Lengths Covered: • Less than 9 Meters • 9-14 Meters • Above 14 Meters Customers Covered: • Private • Public Components Covered: • Transmission System • Battery Cooling System • Electric Motor • Ultra-Capacitor • Fuel Cell Stack • Battery Management System • Batteries • Electric Vehicle (EV) Connectors Charging Infrastructures Covered: • Conductive • Non-Autonomous Charging • Inductive • Plug-In • Autonomous Charging Hybrid Powertrains Covered: • Series Parallel Hybrid • Parallel Hybrid • Series Hybrid Battery Types Covered: • Lithium Titanate • Nickel–Metal Hydride Battery (NiMH) • Lithium Iron Phosphate (LFP) • Lithium Nickel Manganese Cobalt Oxide (NMC) • Lead Acid Applications Covered: • Shuttles • Intracity • Highway Transportation • School Buses • Intercity • Transit Buses • Airport Bus Electrifications Covered: • Purely Electric • Hybrid Electric Operations Covered: • Autonomous • Semi-Autonomous • Manual Seating Capacities Covered: • Up to 30-Seater (Light Bus) • 31-40 Seater (Medium Bus) • Above 40 Seater (High Seating Capacity Bus) Battery Capacities Covered: • Below 100 kWh • 100 to 400 kWh • Above 400 kWh Ranges Covered: • Less than 200 Miles • More than 200 Miles End Users Covered: • Fleet Operators • Government Regions Covered: • North America • Europe • Asia Pacific • South America • Middle East & Africa Key Questions Answered in this Report: • How this market evolved since the year 2019 • Market size estimations, forecasts and CAGR for all the segments presented in the scope • Key Market Developments and financials of the key players • Opportunity Analysis for the new entrants • SWOT Analysis of the key players • Fastest growing markets analyzed during the forecast period

1 Market Synopsis

2 Research Outline
2.1 Research Snapshot
2.2 Research Methodology
2.3 Research Sources
2.3.1 Primary Research Sources
2.3.2 Secondary Research Sources

3 Market Dynamics
3.1 Drivers
3.2 Restraints

4 Market Environment
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry

5 Global Electric Bus Market, By Power Output
5.1 Introduction
5.2 Up to 250kW
5.3 Above 250 kW

6 Global Electric Bus Market, By Propulsion Type
6.1 Introduction
6.2 Fuel Cell Electric Vehicle (FCEV)
6.3 All-Electric
6.4 Plug-In Hybrid Electric Vehicle (PHEV)
6.5 Battery Electric Vehicle (BEV)

7 Global Electric Bus Market, By Length
7.1 Introduction
7.2 Less than 9 Meters
7.3 9-14 Meters
7.4 Above 14 Meters

8 Global Electric Bus Market, By Customer
8.1 Introduction
8.2 Private
8.3 Public

9 Global Electric Bus Market, By Component
9.1 Introduction
9.2 Transmission System
9.3 Battery Cooling System
9.4 Electric Motor
9.5 Ultra-Capacitor
9.6 Fuel Cell Stack
9.7 Battery Management System
9.8 Batteries
9.9 Electric Vehicle (EV) Connectors

10 Global Electric Bus Market, By Charging Infrastructure
10.1 Introduction
10.2 Conductive
10.3 Non-Autonomous Charging
10.4 Inductive
10.5 Plug-In
10.6 Autonomous Charging

11 Global Electric Bus Market, By Hybrid Powertrain
11.1 Introduction
11.2 Series Parallel Hybrid
11.3 Parallel Hybrid
11.4 Series Hybrid

12 Global Electric Bus Market, By Battery Type
12.1 Introduction
12.2 Lithium Titanate
12.3 Nickel–Metal Hydride Battery (NiMH)
12.4 Lithium Iron Phosphate (LFP)
12.5 Lithium Nickel Manganese Cobalt Oxide (NMC)
12.6 Lead Acid

13 Global Electric Bus Market, By Application
13.1 Introduction
13.2 Shuttles
13.3 Intracity
13.4 Highway Transportation
13.5 School Buses
13.6 Intercity
13.7 Transit Buses
13.8 Airport Bus

14 Global Electric Bus Market, By Electrification
14.1 Introduction
14.2 Purely Electric
14.3 Hybrid Electric

15 Global Electric Bus Market, By Operation
15.1 Introduction
15.2 Autonomous
15.3 Semi-Autonomous
15.4 Manual

16 Global Electric Bus Market, By Seating Capacity
16.1 Introduction
16.2 Up to 30-Seater
16.3 31-40 Seater
16.4 Above 40 Seater

17 Global Electric Bus Market, By Battery Capacity
17.1 Introduction
17.2 Below 100 kWh
17.3 100 to 400 kWh
17.4 Above 400 kWh

18 Global Electric Bus Market, By Range
18.1 Introduction
18.2 Less than 200 Miles
18.3 More than 200 Miles

19 Global Electric Bus Market, By End User
19.1 Introduction
19.2 Fleet Operators
19.3 Government

20 Global Electric Bus Market, By Geography
20.1 Introduction
20.2 North America
20.3 Europe
20.4 Asia Pacific
20.5 South America
20.6 Middle East & Africa

21 Strategic Benchmarking

22 Vendors Landscape
22.1 Zhongtong Bus Holdings Co., Ltd
22.2 Yutong Group
22.3 Shenzhen Wuzhoulong Motors Co., Ltd
22.4 Proterra Inc.
22.5 New Flyer Industries Inc. (NFI Group Inc.)
22.6 Solaris Bus & Coach
22.7 BYD Company Limited
22.8 Alexander Dennis Limited
22.9 Daimler AG
22.10 Ashok Leyland, Ltd.
22.11 Volvo Group
22.12 Ebusco®
22.13 BYD Auto Co., Ltd.
22.14 Iveco
22.15 Tata Motors
22.16 King Long

List of Data Tables
1 Global Electric Bus Market Outlook, By Region (2019-2027) ($MN)
2 Global Electric Bus Market Outlook, By Power Output (2019-2027) ($MN)
3 Global Electric Bus Market Outlook, By Up to 250kW (2019-2027) ($MN)
4 Global Electric Bus Market Outlook, By Above 250 kW (2019-2027) ($MN)
5 Global Electric Bus Market Outlook, By Propulsion Type (2019-2027) ($MN)
6 Global Electric Bus Market Outlook, By Fuel Cell Electric Vehicle (FCEV) (2019-2027) ($MN)
7 Global Electric Bus Market Outlook, By All-Electric (2019-2027) ($MN)
8 Global Electric Bus Market Outlook, By Plug-In Hybrid Electric Vehicle (PHEV) (2019-2027) ($MN)
9 Global Electric Bus Market Outlook, By Battery Electric Vehicle (BEV) (2019-2027) ($MN)
10 Global Electric Bus Market Outlook, By Length (2019-2027) ($MN)
11 Global Electric Bus Market Outlook, By Less than 9 Meters (2019-2027) ($MN)
12 Global Electric Bus Market Outlook, By 9-14 Meters (2019-2027) ($MN)
13 Global Electric Bus Market Outlook, By Above 14 Meters (2019-2027) ($MN)
14 Global Electric Bus Market Outlook, By Customer (2019-2027) ($MN)
15 Global Electric Bus Market Outlook, By Private (2019-2027) ($MN)
16 Global Electric Bus Market Outlook, By Public (2019-2027) ($MN)
17 Global Electric Bus Market Outlook, By Component (2019-2027) ($MN)
18 Global Electric Bus Market Outlook, By Transmission System (2019-2027) ($MN)
19 Global Electric Bus Market Outlook, By Battery Cooling System (2019-2027) ($MN)
20 Global Electric Bus Market Outlook, By Electric Motor (2019-2027) ($MN)
21 Global Electric Bus Market Outlook, By Ultra-Capacitor (2019-2027) ($MN)
22 Global Electric Bus Market Outlook, By Fuel Cell Stack (2019-2027) ($MN)
23 Global Electric Bus Market Outlook, By Battery Management System (2019-2027) ($MN)
24 Global Electric Bus Market Outlook, By Batteries (2019-2027) ($MN)
25 Global Electric Bus Market Outlook, By Electric Vehicle (EV) Connectors (2019-2027) ($MN)
26 Global Electric Bus Market Outlook, By Charging Infrastructure (2019-2027) ($MN)
27 Global Electric Bus Market Outlook, By Conductive (2019-2027) ($MN)
28 Global Electric Bus Market Outlook, By Non-Autonomous Charging (2019-2027) ($MN)
29 Global Electric Bus Market Outlook, By Inductive (2019-2027) ($MN)
30 Global Electric Bus Market Outlook, By Plug-In (2019-2027) ($MN)
31 Global Electric Bus Market Outlook, By Autonomous Charging (2019-2027) ($MN)
32 Global Electric Bus Market Outlook, By Hybrid Powertrain (2019-2027) ($MN)
33 Global Electric Bus Market Outlook, By Series Parallel Hybrid (2019-2027) ($MN)
34 Global Electric Bus Market Outlook, By Parallel Hybrid (2019-2027) ($MN)
35 Global Electric Bus Market Outlook, By Series Hybrid (2019-2027) ($MN)
36 Global Electric Bus Market Outlook, By Battery Type (2019-2027) ($MN)
37 Global Electric Bus Market Outlook, By Lithium Titanate (2019-2027) ($MN)
38 Global Electric Bus Market Outlook, By Nickel–Metal Hydride Battery (NiMH) (2019-2027) ($MN)
39 Global Electric Bus Market Outlook, By Lithium Iron Phosphate (LFP) (2019-2027) ($MN)
40 Global Electric Bus Market Outlook, By Lithium Nickel Manganese Cobalt Oxide (NMC) (2019-2027) ($MN)
41 Global Electric Bus Market Outlook, By Lead Acid (2019-2027) ($MN)
42 Global Electric Bus Market Outlook, By Application (2019-2027) ($MN)
43 Global Electric Bus Market Outlook, By Shuttles (2019-2027) ($MN)
44 Global Electric Bus Market Outlook, By Intracity (2019-2027) ($MN)
45 Global Electric Bus Market Outlook, By Highway Transportation (2019-2027) ($MN)
46 Global Electric Bus Market Outlook, By School Buses (2019-2027) ($MN)
47 Global Electric Bus Market Outlook, By Intercity (2019-2027) ($MN)
48 Global Electric Bus Market Outlook, By Transit Buses (2019-2027) ($MN)
49 Global Electric Bus Market Outlook, By Airport Bus (2019-2027) ($MN)
50 Global Electric Bus Market Outlook, By Electrification (2019-2027) ($MN)
51 Global Electric Bus Market Outlook, By Purely Electric (2019-2027) ($MN)
52 Global Electric Bus Market Outlook, By Hybrid Electric (2019-2027) ($MN)
53 Global Electric Bus Market Outlook, By Operation (2019-2027) ($MN)
54 Global Electric Bus Market Outlook, By Autonomous (2019-2027) ($MN)
55 Global Electric Bus Market Outlook, By Semi-Autonomous (2019-2027) ($MN)
56 Global Electric Bus Market Outlook, By Manual (2019-2027) ($MN)
57 Global Electric Bus Market Outlook, By Seating Capacity (2019-2027) ($MN)
58 Global Electric Bus Market Outlook, By Up to 30-Seater (Light Bus) (2019-2027) ($MN)
59 Global Electric Bus Market Outlook, By 31-40 Seater (Medium Bus) (2019-2027) ($MN)
60 Global Electric Bus Market Outlook, By Above 40 Seater (High Seating Capacity Bus) (2019-2027) ($MN)
61 Global Electric Bus Market Outlook, By Battery Capacity (2019-2027) ($MN)
62 Global Electric Bus Market Outlook, By Below 100 kWh (2019-2027) ($MN)
63 Global Electric Bus Market Outlook, By 100 to 400 kWh (2019-2027) ($MN)
64 Global Electric Bus Market Outlook, By Above 400 kWh (2019-2027) ($MN)
65 Global Electric Bus Market Outlook, By Range (2019-2027) ($MN)
66 Global Electric Bus Market Outlook, By Less than 200 Miles (2019-2027) ($MN)
67 Global Electric Bus Market Outlook, By More than 200 Miles (2019-2027) ($MN)
68 Global Electric Bus Market Outlook, By End User (2019-2027) ($MN)
69 Global Electric Bus Market Outlook, By Fleet Operators (2019-2027) ($MN)
70 Global Electric Bus Market Outlook, By Government (2019-2027) ($MN)
71 North America Electric Bus Market Outlook, By Power Output (2019-2027) ($MN)
72 North America Electric Bus Market Outlook, By Propulsion Type (2019-2027) ($MN)
73 North America Electric Bus Market Outlook, By Length (2019-2027) ($MN)
74 North America Electric Bus Market Outlook, By Above 14 Meters (2019-2027) ($MN)
75 North America Electric Bus Market Outlook, By Component (2019-2027) ($MN)
76 North America Electric Bus Market Outlook, By Charging Infrastructure (2019-2027) ($MN)
77 North America Electric Bus Market Outlook, By Hybrid Powertrain (2019-2027) ($MN)
78 North America Electric Bus Market Outlook, By Battery Type (2019-2027) ($MN)
79 North America Electric Bus Market Outlook, By Application (2019-2027) ($MN)
80 North America Electric Bus Market Outlook, By Electrification (2019-2027) ($MN)
81 North America Electric Bus Market Outlook, By Operation (2019-2027) ($MN)
82 North America Electric Bus Market Outlook, By Seating Capacity (2019-2027) ($MN)
83 North America Electric Bus Market Outlook, By Battery Capacity (2019-2027) ($MN)
84 North America Electric Bus Market Outlook, By Range (2019-2027) ($MN)
85 North America Electric Bus Market Outlook, By End User (2019-2027) ($MN)
86 Europe Electric Bus Market Outlook, By Power Output (2019-2027) ($MN)
87 Europe Electric Bus Market Outlook, By Propulsion Type (2019-2027) ($MN)
88 Europe Electric Bus Market Outlook, By Length (2019-2027) ($MN)
89 Europe Electric Bus Market Outlook, By Above 14 Meters (2019-2027) ($MN)
90 Europe Electric Bus Market Outlook, By Component (2019-2027) ($MN)
91 Europe Electric Bus Market Outlook, By Charging Infrastructure (2019-2027) ($MN)
92 Europe Electric Bus Market Outlook, By Hybrid Powertrain (2019-2027) ($MN)
93 Europe Electric Bus Market Outlook, By Battery Type (2019-2027) ($MN)
94 Europe Electric Bus Market Outlook, By Application (2019-2027) ($MN)
95 Europe Electric Bus Market Outlook, By Electrification (2019-2027) ($MN)
96 Europe Electric Bus Market Outlook, By Operation (2019-2027) ($MN)
97 Europe Electric Bus Market Outlook, By Seating Capacity (2019-2027) ($MN)
98 Europe Electric Bus Market Outlook, By Battery Capacity (2019-2027) ($MN)
99 Europe Electric Bus Market Outlook, By Range (2019-2027) ($MN)
100 Europe Electric Bus Market Outlook, By End User (2019-2027) ($MN)
101 Asia Pacific Electric Bus Market Outlook, By Power Output (2019-2027) ($MN)
102 Asia Pacific Electric Bus Market Outlook, By Propulsion Type (2019-2027) ($MN)
103 Asia Pacific Electric Bus Market Outlook, By Length (2019-2027) ($MN)
104 Asia Pacific Electric Bus Market Outlook, By Above 14 Meters (2019-2027) ($MN)
105 Asia Pacific Electric Bus Market Outlook, By Component (2019-2027) ($MN)
106 Asia Pacific Electric Bus Market Outlook, By Charging Infrastructure (2019-2027) ($MN)
107 Asia Pacific Electric Bus Market Outlook, By Hybrid Powertrain (2019-2027) ($MN)
108 Asia Pacific Electric Bus Market Outlook, By Battery Type (2019-2027) ($MN)
109 Asia Pacific Electric Bus Market Outlook, By Application (2019-2027) ($MN)
110 Asia Pacific Electric Bus Market Outlook, By Electrification (2019-2027) ($MN)
111 Asia Pacific Electric Bus Market Outlook, By Operation (2019-2027) ($MN)
112 Asia Pacific Electric Bus Market Outlook, By Seating Capacity (2019-2027) ($MN)
113 Asia Pacific Electric Bus Market Outlook, By Battery Capacity (2019-2027) ($MN)
114 Asia Pacific Electric Bus Market Outlook, By Range (2019-2027) ($MN)
115 Asia Pacific Electric Bus Market Outlook, By End User (2019-2027) ($MN)
116 South America Electric Bus Market Outlook, By Power Output (2019-2027) ($MN)
117 South America Electric Bus Market Outlook, By Propulsion Type (2019-2027) ($MN)
118 South America Electric Bus Market Outlook, By Length (2019-2027) ($MN)
119 South America Electric Bus Market Outlook, By Above 14 Meters (2019-2027) ($MN)
120 South America Electric Bus Market Outlook, By Component (2019-2027) ($MN)
121 South America Electric Bus Market Outlook, By Charging Infrastructure (2019-2027) ($MN)
122 South America Electric Bus Market Outlook, By Hybrid Powertrain (2019-2027) ($MN)
123 South America Electric Bus Market Outlook, By Battery Type (2019-2027) ($MN)
124 South America Electric Bus Market Outlook, By Application (2019-2027) ($MN)
125 South America Electric Bus Market Outlook, By Electrification (2019-2027) ($MN)
126 South America Electric Bus Market Outlook, By Operation (2019-2027) ($MN)
127 South America Electric Bus Market Outlook, By Seating Capacity (2019-2027) ($MN)
128 South America Electric Bus Market Outlook, By Battery Capacity (2019-2027) ($MN)
129 South America Electric Bus Market Outlook, By Range (2019-2027) ($MN)
130 South America Electric Bus Market Outlook, By End User (2019-2027) ($MN)
131 Middle East & Africa Electric Bus Market Outlook, By Power Output (2019-2027) ($MN)
132 Middle East & Africa Electric Bus Market Outlook, By Propulsion Type (2019-2027) ($MN)
133 Middle East & Africa Electric Bus Market Outlook, By Length (2019-2027) ($MN)
134 Middle East & Africa Electric Bus Market Outlook, By Above 14 Meters (2019-2027) ($MN)
135 Middle East & Africa Electric Bus Market Outlook, By Component (2019-2027) ($MN)
136 Middle East & Africa Electric Bus Market Outlook, By Charging Infrastructure (2019-2027) ($MN)
137 Middle East & Africa Electric Bus Market Outlook, By Hybrid Powertrain (2019-2027) ($MN)
138 Middle East & Africa Electric Bus Market Outlook, By Battery Type (2019-2027) ($MN)
139 Middle East & Africa Electric Bus Market Outlook, By Application (2019-2027) ($MN)
140 Middle East & Africa Electric Bus Market Outlook, By Electrification (2019-2027) ($MN)
141 Middle East & Africa Electric Bus Market Outlook, By Operation (2019-2027) ($MN)
142 Middle East & Africa Electric Bus Market Outlook, By Seating Capacity (2019-2027) ($MN)
143 Middle East & Africa Electric Bus Market Outlook, By Battery Capacity (2019-2027) ($MN)
144 Middle East & Africa Electric Bus Market Outlook, By Range (2019-2027) ($MN)
145 Middle East & Africa Electric Bus Market Outlook, By End User (2019-2027) ($MN)