Global Market Study on Electric Bus: China to Retain Dominance During 2014-2020


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Persistence Market Research

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The global electric bus market report compiled by Persistence Market Research provides in-depth analysis for six-year forecast period, 2014-202. The primary objective of this report is to offer an extensive analysis and estimation of all the information related to the market, which comprises of factors that drive growth of the market, factors that inhibit growth the market, trends, opportunities, and recent developments related to the global electric bus market. The forecast presented in the report assesses the total revenue generated and the expected revenue over the forecast period.

The report begins with a general overview regarding applications of electric buses among various other transportation options. Apart from applications and benefits of electric buses, this report throws light on various factors, which are responsible for contributing towards growth of the market, and factors that are inhibiting growth of the market in the upcoming years. Into the bargain, electric buses are classified into three, which are namely plug-in electric buses, hybrid electric buses, and purely electric buses. Owing to their attribute, the hybrid buses are estimated to retain dominance in the global electric bus market during the forecast period. However, plug-in electric buses mainly rely on battery and its energy, which could further restrain growth of the market in the span of next six years. Furthermore, in terms of region, various region-specific factors are analyzed to conclude if these factors will impact the global electric market in positive or negative manner. These factors are taken into consideration, if they will boost growth of the market, or inhibit growth of the global electric market during the forecast period.           

The next section of the report highlights various segments of the global electric bus market. The segmentation includes product type, region, and application type. This report analyzes segment-specific factors, which are predicted to inhibit or boost growth of the global electric bus market throughout the forecast period. The last section of the report includes leading international players that operate in the global electric bus market.

Research Methodology

To deduce the global electric bus market size, the report considers various aspects based on secondary research. Furthermore, key data points such as region-wise split and market split by product type, region, and application; and qualitative inputs from primary respondents have been incorporated to arrive at appropriate market estimates. The forecast presented in the report assesses the total revenue generated and expected revenue contribution in the global electric bus market.

The report begins with sizing the market in terms of value and volume for the base year, which forms the basis for forecasting how the market is anticipated to take shape in the near future. Given the characteristics of the market, gathered data is triangulated via different analysis based on supply side and demand side drivers and other key dynamics of the global electric bus market. To develop the market forecast, Persistence Market Research has also conducted a factor analysis to understand the impact of various forces/factors on the target market. The report provides forecasts not only in terms of CAGR but also presents a detailed analysis based on key parameters such as Year-on-Year (Y-o-Y) growth to understand market predictability and to identify the right opportunities.

Another key feature of this report is an analysis of the global electric bus market and the corresponding revenue forecast in terms of absolute dollar opportunity, usually overlooked while forecasting the market. However, absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources from a sales perspective in the global electric bus market. Further, to understand key segments in terms of their growth and overall global electric bus market performance, Persistence Market Research has developed a market attractiveness index to help providers identify existing market opportunities in the global electric bus market.

Company Profiles:

  • BYD Company Limited.
  • Proterra, Inc.
  • AB Volvo (publ).
  • Daimler AG.
  • Solaris Bus & Coach S.A.
  • Zhongtong Bus & Holding Co., Ltd.
  • Ashok Leyland, Ltd.
  • EBUSCO.
  • Alexander Dennis Limited.
  • Shenzhen Wuzhoulong Motors Co., Ltd.