Global Electric Bus Market 2024-2030

    In Stock

    ELECTRIC BUS MARKET

     

    INTRODUCTION

    A transition to an electric bus fleet demands knowledge of the technology. The architecture of an electric bus and the infrastructure required are determined by the application scenarios.

     

    The size of the battery is determined by the driving cycle, topographical factors, and other operational parameters. The preferred battery system is determined by the vehicle’s operating circumstances. The price is decided by the bus as well as the battery size, type, and carrying capacity.

     

    Electric buses are especially appealing since they help to minimize local air pollution. Globally, urban air quality is gaining attention, and some international cities are aiming to prohibit diesel cars from inner-city roadways during the next decade.

     

    Even modern, efficient diesel engines release hazardous pollutants including nitrogen oxides (NOx) and particulate matter (PM10).

     

    These pollutants are especially problematic in densely populated metropolitan areas with a large number of walkers and bikers, which are typical of the conditions under which buses run.

     

     

    infographic: global electric bus market, automotive electric bus market share, automotive electric bus market, Electric Bus Market, Electric Bus Market Size, Electric Bus Market Trends, Electric Bus Market Forecast, Electric Bus Market Risks, Electric Bus Market Report, Electric Bus Market Share

     

    Alternative bus powertrains that decrease or eliminate the need for a diesel engine while keeping the benefits of buses are gaining popularity, particularly in congested metropolitan contexts.

     

    The benefits of electric buses are being recognized in regulations being enacted in a number of major cities throughout the world. The mayor of London recently stated that no new diesel buses would be acquired for its inner-city routes beginning in 2018.

     

    London now operates three entirely electric bus routes, seventy-one zero-emission buses, and has bought twenty hydrogen fuel cell buses (as part of a joint EU-funded project).

     

    Hybrid electric, fuel cell electric, and full battery electric buses are now in use in a number of public transportation networks worldwide.

     

    ELECTRIC BUS MARKET DYNAMICS

     

    SI no Timeline Company Developments
    1 November 2021 Proterra Proterra and Anadolu Isuzu have been partnered in order to deliver the next generation Citi VOLT battery-electric buses in Europe.
    2 September 2021 BYD BYD and ADL announced their electric vehicle partnership for the delivery of up to 200 electric BYD ADL Enviro200 EV zero-emission battery-electric buses.
    3 July 2021 VDL VDL buses and coaches has expanded its electric fleet in Amsterdam to 75 vehicles.

     

    Many public transportation authorities are eager to introduce zero-emission electric buses. However, the transition from diesel to electric bus systems creates a wide design area that appears to be prohibitive to a methodical decision-making process.

     

    China is the world’s biggest electric bus market at present with over 61k units sold in 2020. To know more about it read our report.

     

    Transportation accounts for almost one-quarter of all greenhouse gas emissions in the European Union, owing to the fact that more than 90% of transportation fuel is petroleum-based.

     

    infographic: global electric bus market, automotive electric bus market share, automotive electric bus market, Electric Bus Market, Electric Bus Market Size, Electric Bus Market Trends, Electric Bus Market Forecast, Electric Bus Market Risks, Electric Bus Market Report, Electric Bus Market Share

     

    In addition, vehicles, trucks, and buses emit unpleasant or hazardous compounds such as carbon monoxide from incomplete combustion, hydrocarbons from unburned fuel, nitrogen oxides from high combustion temperatures, and particulate matter.

     

    As a result, public transportation agencies are very interested in implementing zero-emission buses. However, replacing today’s diesel bus fleets has various obstacles. First, aside from catenary-based trolleybus systems, electric buses have just lately been available.

     

    Bus technology evolves in tandem with other technologies; buses are always improving in terms of energy economy, passenger comfort, and air pollution reduction.

     

    Some of the advancements in the Global Electric Bus market have been spurred by regulatory criteria for urban passenger buses. However, there appears to be a greater community awareness of the benefits of clean, pleasant buses.

     

    The objective of this article is to provide an overview of current electric bus technology, given the importance of buses in New Zealand’s public transportation networks, as well as growing technology and community expectations.

     

    As a result, the current Global Electric bus market production viability includes three key types of electric buses: the hybrid electric bus (HEB), the fuel cell electric bus (FCEB), and the battery electric bus (BEB).

     

    Greater Portland METRO and Biddeford Saco Old Orchard Beach Transit (BSOOB Transit) have announced the acquisition of four battery-electric Proterra ZX5 buses to their fleets.

     

    The first electric buses to provide fixed-route public transportation in Maine in over 20 years are about to begin service.

     

    These buses do more than just reduce pollution. They’re also trying to save money. These battery electric vehicles will be 60 to 80 percent less expensive to operate than diesel buses, reducing our reliance on costly fossil fuels. They will also improve public transportation quality for customers who want a quieter ride.

     

    Four electric buses will replace four diesel buses, and they will be Maine’s first electric transit buses. This is a first step for Greater Portland METRO in achieving  goals  of a zero-emission transit fleet.

     

    ELECTRIC BUS MARKET SEGMENTATION

    The global Electric Bus Market can be segmented into following categories for further analysis.

     

    ELECTRIC BUS MARKET By Integration / Structure Type

    • Private Partnership Only
    • Public Private Partnership
    • Program based Public Private Partnership

     

    ELECTRIC BUS MARKET By Power Capacity Type

    • 0 TO 3,000 mAH
    • 3,000 TO 10,000 mAH
    • 10,000 TO 60,000 mAH
    • More Than 60,000 mAH

     

    ELECTRIC BUS MARKET By Regional Classification

    • Asia Pacific Region – APAC
    • Middle East and Gulf Region
    • Africa Region
    • North America Region
    • Europe Region
    • Latin America and Caribbean Region

     

    ELECTRIC BUS MARKET RECENT TECHNOLOGICAL TRENDS 

     

    SI no Timeline Company Developments
    1 November 2021 Yutong Yutong has displayed its extended-range electric bus ZK6117SHEVP at the Auto Expo in Macau.
    2 October 2021 BYD In Brazil, BYD has revealed its pure electric articulated bus with a capacity of 168 passengers.
    3 September 2021 Equip make Equip make has delivered the double-decker electric bus Jewel E along with Beulas.
    4 August 2021 BYD BYD has announced the delivery of its first three-axle BYD ADL Enviro200 EV XLB with a capacity of 114 passengers.
    5 June 2021 BYD BYD has announced the expansion of its electric bus portfolio by battery-electric type D school buses in North America.
    6 March 2021 Nova Buses Nova Buses has announced its first electric bus order in the U.S and the 15LFSe+ electric buses range up to 247 miles per charge.

     

    Today, urban buses are the first form of transportation where electrification is having a big influence. This movement is being pushed largely by a growing awareness of hazardous air pollution in our cities caused by internal combustion engines, and it is being backed up by compelling economic, comfort, and noise benefits.

     

    Urban buses are expected to be the first form of transportation to achieve zero emissions as a result of electrification.

     

    Overnight charging is a modern technology that has been adopted as part of the global electric bus charging criteria. It involves battery electric buses being charged statically from the grid at the depot using mechanical and electrical equipment, primarily overnight.

     

    They have huge battery capacity (usually >200 kWh), allowing them a range of 100 to 250 km and may be recharged at the depot using slow chargers (typically 40-120kW).

     

     

    infographic: global electric bus market, Electric Bus Market, Electric Bus Market Size, Electric Bus Market Trends, Electric Bus Market Forecast, Electric Bus Market Risks, Electric Bus Market Report, Electric Bus Market Share

     

     

    When the car is not in use, the engine recharges the battery. At greater loads, the energy from the battery can be used to improve performance.

     

    Because a mild hybrid has a relatively tiny battery when compared to other hybrid kinds, its performance improvement is extremely minor.

     

    A prospective opportunity charging technology that incorporates battery electric buses to save battery weight by recharging at passenger stopping spots or at the bus terminal.

     

    They have a medium battery capacity (generally 50-150 kWh) and need high-power charging, which is often accomplished using overhead pantographs.

     

    Recent technological advancements in the operational capability of electric buses have been made in order to increase their viability and operational efficiency through varied multidisciplinary integration of IC Engine and Electric Motor based EV Technology in order to form a hybrid operational component.

     

    The Mild hybrid is the most modern hybrid technology available in operating EV Buses in the Global Electric Buses industry. The least electrified form of HEV is a mild hybrid. A mild HEV has an ICE with an enlarged starting motor that also serves as a generator.

     

    ELECTRIC BUS MARKET RECENT LAUNCH

    ADL (Alexander Dennis Limited), which is part of the NFI Group, which also includes New Flyer, has announced the launch of North America’s first zero-emission, three-axle double-deck bus.

     

    The bus is propelled by two hub motors on an electric portal axle. To maximize weight distribution, the drive units are mounted on the third axle, while the batteries are integrated into the chassis and back of the vehicle.

     

    The bus is equipped with a CCS Combo DC fast charging port for charging, although other options are available.

     

    A heat pump, which efficiently delivers both heating and cooling depending on the weather, is critical in the case of electric buses.

     

    As a leading bus manufacturer from North America, New Flyer has been at the vanguard of creating environmentally friendly transit options. In recent years, they have introduced a number of electrified bus versions, including the hydrogen fuel cell-powered X Celsius CHARGE H2.

     

    Reduce carbon gas pollution and enhance air quality with the zero-emission X Celsius CHARGE H2 bus. The bus is propelled by a hydrogen fuel cell device that turns hydrogen into energy. A battery system that can hold extra energy and supply electricity when necessary is also installed on the bus.

     

    The range of the X Celsius CHARGE H2 is one of its main benefits. It can run for long periods of time without refueling thanks to its range of up to 350 miles on a single cylinder of hydrogen. Longer journeys and intercity transport are therefore well adapted for it.

     

    The X Celsius CHARGE H2 not only provides a peaceful and pleasant journey for people, but also helps the environment. In addition to comfy seating and conveniences like Wi-Fi and USB charging outlets, the bus is fitted with cutting-edge suspension and noise reduction systems.

     

    In terms of developing sustainable transportation options, the X Celsius CHARGE H2 signifies a major advancement. Demand for hydrogen fuel cell buses like the X Celsius CHARGE H2 should rise as more towns and transit systems seek to lessen their carbon impact and enhance air quality.

     

    As a leading bus manufacturer from North America, New Flyer has been at the vanguard of creating environmentally friendly transit options. In recent years, they have introduced a number of electrified bus versions, including the hydrogen fuel cell-powered Xcelsior CHARGE H2.

     

    Reduce carbon gas pollution and enhance air quality with the zero-emission X Celsius CHARGE H2 bus. The bus is propelled by a hydrogen fuel cell device that turns hydrogen into energy. A battery system that can hold extra energy and supply electricity when necessary is also installed on the bus.

     

    The range of the X Celsius CHARGE H2 is one of its main benefits. It can run for long periods of time without refueling thanks to its range of up to 350 miles on a single cylinder of hydrogen. Longer journeys and intercity transport are therefore well adapted for it.

     

    The X Celsius CHARGE H2 not only provides a peaceful and pleasant journey for people, but also helps the environment. In addition to comfy seating and conveniences like Wi-Fi and USB charging outlets, the bus is fitted with cutting-edge suspension and noise reduction systems.

     

    In terms of developing sustainable transportation options, the X Celsius CHARGE H2 signifies a major advancement. Demand for hydrogen fuel cell buses like the X Celsius CHARGE H2 should rise as more towns and transit systems seek to lessen their carbon impact and enhance air quality.

     

    In recent years, Yutong, one of China’s top bus makers, has led the way in the electric bus transformation. Their most recent electric bus type, the E12, demonstrates their dedication to invention and sustainability.

     

    A pleasant and effective mode of transit is offered by the Yutong E12 electric coach. It is perfect for long-distance transport because of its high-capacity lithium-ion battery pack, which offers a range of up to 311 miles on a single charge.

     

    Along with sophisticated safety features like electronic stability control and lane departure warning, the E12 also has a strong electric engine that produces responsive performance. The Yutong E12’s cheap operating expenses are one of its main benefits.

     

    The E12 provides considerable cost savings over the course of the vehicle’s lifespan due to its lack of fuel usage and reduced upkeep needs compared to conventional diesel buses. With no emissions and less noise pollution than diesel buses, it is also a much more ecologically responsible choice.

     

    The Yutong E12 electric coach is a very impressive example of Chinese bus manufacturers’ skills in the electric bus industry. It is an appealing option for transit companies seeking to make the move to more effective and environmentally friendly options because of its extended range, cutting-edge safety features, and cheap running costs.

     

    ELECTRIC BUS MARKET COMPETITIVE LANDSCAPE

     

    infographic: global electric bus market, automotive electric bus market share, automotive electric bus market, Electric Bus Market, Electric Bus Market Size, Electric Bus Market Trends, Electric Bus Market Forecast, Electric Bus Market Risks, Electric Bus Market Report, Electric Bus Market Share

     

    SI no Timeline Company Sales
    1 Q3-2021 Volvo The net sales at the end of third quarter is about SEK 85.25 billion and in Q3 2020 the net sales were SEK 76.85 billion
    2 Q3-2021 Lion Electric The total revenue of Lion Electric in the third quarter is $11.9 million and in 2020 the revenue was $9.3 million.
    3 Q3-2021 Proterra At the end of the third quarter the total revenue of Proterra was $61.94 billion and in Q3 2020 the revenue was $47.53 billion.
    4 H1-2021 BAE Systems The half-yearly sales of BAE systems was £10.03 billion and in the half-yearly sales in 2020 were £9.87 billion.
    5 Q3-2021 Scania In the third quarter, the net sales of Scania was SEK 32.81 billion and it increased by 8% from the previous quarter.

     

     

    Electric buses are becoming more popular in the global electric bus industry, which aids in the creation of a fossil-fuel-free society and the reduction of emissions.

     

    Earlier bus system studies revealed the need for more research into societal expenses, total cost of ownership, energy usage on an annual basis to account for seasonal fluctuations, and noise during acceleration.

     

    Proterra has been involved in the production of electric buses, with the ZX5 being the most recent and technologically advanced product.

     

    It employs the same technology that broke the world record for longest EV range and features faster acceleration, industry-leading gradeability, and the most battery storage on any 40-foot electric bus, with a range of more than 300 miles per charge. It has a maximum on-board energy capacity of 675 kWh.

     

    Through its engagement in the electrification of collection buses and school buses, the Lion electric firm runs and technologically integrates the Global electric bus market.

     

    The e Lion C is North America’s only purpose-designed and built 100 percent electric Type-C school bus. The chassis and van were developed to maximize the performance of an all-electric bus.

     

    It has a range of 100 to 250 km per charge thanks to an innovative traction chain that does not require transmission. The e Lion C has has as much power, if not more, than diesel engines in the school transportation business, thanks to an electric motor capable of generating up to 250 kW, 2,500 Nm (about 335 hp, 1,800 lb / ft).

     

    ELECTRIC BUS MARKET COMPANIES PROFILED

     

    THIS ELECTRIC BUS MARKET REPORT WILL ANSWER FOLLOWING QUESTIONS

    1. Electric Bus Market size and Forecast, by region, by application
    2. Average B-2-B price for Electric Bus Market, by region, per user
    3. Technology trends and related opportunity for new Electric Bus Market tech suppliers
    4. Electric Bus Market share of leading vendors, by region,
    5.  Coronavirus impact on Electric Bus Market earnings
    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2024-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2024-2030
    20 Market Segmentation, Dynamics and Forecast by End use, 2024-2030
    21 Product installation rate by OEM, 2023
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2023
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
       
    0
      0
      Your Cart
      Your cart is emptyReturn to Shop