Inquire Before Buying - Europe Electric Bus Market Size, Share, Trends and Analysis Report by 2022-27

Europe Electric Bus Market Research Report: Forecast (2022-27)

By Propulsion Type (Battery Electric Bus (BEV), Plug-in Hybrid Electric Bus (PHEV), Fuel Cell Electric Bus (FCEV)), By Battery Type (Lithium Ion, Nickel-metal hydride battery, Othe......rs (Lead-Acid Batteries, Ultracapacitors)), By Application (Intercity, Intracity), By End User (Private, Government), By Length of Bus (Less the 9M, 9-15M, 15-20M, Above 20M), By Battery Capacity (100-200 kWh, 200-300 kWh, Above 300 kWh), By Range (100-200 miles, Above 200 miles), By Country (The UK, Germany, Italy, France, Spain, Poland, Sweden, Belgium, The Netherlands, Rest of Europe), By Company (Solaris Bus & Coach, IVECO Bus, Traton Group, AB Volvo, Mercedes-Benz Group AG,, EBUSCO, BYD Auto Co. Ltd., Van Hool, VDL Bus & Coach, EvoBus GmbH, Others) Read more

Automotive
Sep 2022
Pages 260
Report Format: PDF, Excel, PPT

Market Definition

Electric Buses are vehicles that attain their propulsion & accessory systems by zero-emissions electricity sources like batteries, hydrogen fuel cells, & overhead wires, among others. These buses are also called e-buses and can recharge through regenerative braking systems, solar panels, off-board chargers, & storage battery banks, among others. Usually, these vehicles function by sending a signal to the powertrain system controller for high-voltage battery power & converting the stored chemical energy into electrical energy.

Electric Buses allow drivers to accelerate more responsively and witness exceptional driving experience & bus performance. Backed by the environment-friendly & lower maintenance & fuel costs perks, these buses are gaining widespread adoption and substantial encouragement by the governments of different countries across Europe as an alternative to conventional buses.

Market Insights

The Europe Electric Bus Market is projected to grow at a CAGR of around 16.66% during the forecast period, i.e., 2022-27. The market is driven by the presence of stringent limitations by the governments of different countries in the region to curb the mounting emissions, where pollution from automobiles has been the prominent cause. It, in turn, is demonstrating a rise in the adoption of electric vehicles, including buses, curating the market dynamics & instigating the leading players to increase their development, production, and distribution capacities for these vehicles.

Besides, the active participation of the prominent players in the development of hydrogen fuel cell-powered electric buses is also playing a significant role in driving the demand for e-buses across Europe. Moreover, battery manufacturers, on the other hand, are also investing in the production of cost-effective & technologically advanced batteries to promulgate the demand for e-bus and stimulate the overall market.

Report Coverage	Details
Study Period	Historical Data: 2017-20
	Base Year: 2021
	Forecast Period: 2022-27
CAGR	16.66%
Country Covered	The UK, Germany, Italy, France, Spain, Poland, Sweden, Belgium, The Netherlands, Rest of Europe
Key Companies Profiled	Solaris Bus & Coach, IVECO Bus, Traton Group, AB Volvo, Mercedes-Benz Group AG, EBUSCO, BYD Auto Co. Ltd., Van Hool, VDL Bus & Coach, EvoBus GmbH, Others
Unit Denominations	USD Million/Billion

Additionally, the growing awareness among people about the benefits of e-buses overall diesel alternatives, particularly in terms of exhaust emissions, air quality & the lower total cost of ownership (TCO), are propelling the deployment of these vehicles for public transportation. Backed by these benefits, the governments of different countries in the region are setting targets to accelerate the adoption of e-buses. For instance:

The Netherlands is mandating 100% sales of Zero-Emission Vehicle (ZEV) public transport buses, aiming till 2025, alongside a 100% ZEV fleet by 2030 to replace all vehicles running on fossil fuels.

The governments of different regional countries are signing initiatives like European Clean Bus Deployment Initiative to increase the deployment of clean buses and hinting toward the presence of lucrative opportunities for the players to make significant contributions to the market growth through 2027. Furthermore, plans and initiatives for the development of robust charging infrastructure for electric buses shall also make a mark in the industry expansion. For instance:

In 2021, the Netherlands registered all new urban buses as zero-emission, instigating other countries to catch up. On the other hand, Poland made robust progress, depicting a significant rise in its new urban buses and placing itself far ahead of countries like Germany, Italy, Spain & France.

Key Trends in the Europe Electric Bus Market

Government Mandates for Electrification of Transit System

As concerns over the ill effects of air pollution & emission on human health & environment are mounting rapidly, alongside the skyrocketing prices of fossil fuels, the demand for greener, cleaner, and cost-effective alternatives is escalating swiftly. It, in turn, is also influencing the demand for Electric Vehicles, including Buses, replacing Internal Combustion Engines (ICE) buses across Europe. In fact, by the time it is 2030, Europe shall demonstrate an approximately 67% surge in the sales of zero-emission buses, which would reflect a fleet size of 65,000 e-buses.

In the same line, various governing agencies in the region are also participating actively in the industry and contributing through the implementation of intense emissions regulations, propelling the demand & sales for electric buses as a zero-emission solution. Since such moves allow cities to meet their environmental goals without compromising the transportation infrastructure, it is set to have a growing & opportunistic future for the industry in the coming years.

Market Segmentation
Introduction
1. Research Process
2. Assumptions
3. Market Definition
Executive Summary
Impact of COVID-19 on the Europe Electric Bus Market
European Government Initiatives for Adoption of Electric Buses, By Country
Europe Electric Bus Market Trends & Insights
Europe Electric Bus Market Dynamics
1. Growth Drivers
2. Challenges
Europe Electric Bus Market Hotspot & Opportunities
Europe Electric Bus Market Government Regulations & Policies, 2017-2027F
Europe Electric Bus Market Outlook, 2017-2027F
1. Market Size & Analysis
  1. By Unit Sold
2. Market Share & Analysis
  1. By Propulsion Type
    1. Battery Electric Bus (BEV)
    2. Plug-in Hybrid Electric Bus (PHEV)
    3. Fuel Cell Electric Bus (FCEV)
  2. By Battery Type
    1. Lithium Ion
    2. Nickel-metal hydride battery
    3. Others (Lead-Acid Batteries, Ultracapacitors)
  3. By Application
    1. Intercity
    2. Intracity
  4. By End User
    1. Private
    2. Government
  5. By Length of Bus
    1. Less the 9M
    2. 9-15M
    3. 15-20M
    4. Above 20M
  6. By Battery Capacity
    1. 100-200 kWh
    2. 200-300 kWh
    3. Above 300 kWh
  7. By Range
    1. 100-200 miles
    2. Above 200 miles
  8. By Country
    1. The UK
    2. Germany
    3. Italy
    4. France
    5. Spain
    6. Poland
    7. Sweden
    8. Belgium
    9. The Netherlands
    10. Rest of Europe
  9. By Competitors
    1. Competition Characteristics
    2. Market Share & Analysis
The UK Electric Bus Market Outlook, 2017-2027F
1. Market Size & Analysis
  1. By Unit Sold
2. Market Share & Analysis
  1. By Propulsion Type
  2. By Battery Type
  3. By Application
  4. By End User
  5. By Length of Bus
  6. By Battery Capacity
  7. By Range
Germany Electric Bus Market Outlook, 2017-2027F
1. Market Size & Analysis
  1. By Unit Sold
2. Market Share & Analysis
  1. By Propulsion Type
  2. By Battery Type
  3. By Application
  4. By End User
  5. By Length of Bus
  6. By Battery Capacity
  7. By Range
Italy Electric Bus Market Outlook, 2017-2027F
1. Market Size & Analysis
  1. By Unit Sold
2. Market Share & Analysis
  1. By Propulsion Type
  2. By Battery Type
  3. By Application
  4. By End User
  5. By Length of Bus
  6. By Battery Capacity
  7. By Range
France Electric Bus Market Outlook, 2017-2027F
1. Market Size & Analysis
  1. By Unit Sold
2. Market Share & Analysis
  1. By Propulsion Type
  2. By Battery Type
  3. By Application
  4. By End User
  5. By Length of Bus
  6. By Battery Capacity
  7. By Range
Spain Electric Bus Market Outlook, 2017-2027F
1. Market Size & Analysis
  1. By Unit Sold
2. Market Share & Analysis
  1. By Propulsion Type
  2. By Battery Type
  3. By Application
  4. By End User
  5. By Length of Bus
  6. By Battery Capacity
  7. By Range
Poland Electric Bus Market Outlook, 2017-2027F
1. Market Size & Analysis
  1. By Unit Sold
2. Market Share & Analysis
  1. By Propulsion Type
  2. By Battery Type
  3. By Application
  4. By End User
  5. By Length of Bus
  6. By Battery Capacity
  7. By Range
Sweden Electric Bus Market Outlook, 2017-2027F
1. Market Size & Analysis
  1. By Unit Sold
2. Market Share & Analysis
  1. By Propulsion Type
  2. By Battery Type
  3. By Application
  4. By End User
  5. By Length of Bus
  6. By Battery Capacity
  7. By Range
Belgium Electric Bus Market Outlook, 2017-2027F
1. Market Size & Analysis
  1. By Unit Sold
2. Market Share & Analysis
  1. By Propulsion Type
  2. By Battery Type
  3. By Application
  4. By End User
  5. By Length of Bus
  6. By Battery Capacity
  7. By Range
The Netherlands Electric Bus Market Outlook, 2017-2027F
1. Market Size & Analysis
  1. By Unit Sold
2. Market Share & Analysis
  1. By Propulsion Type
  2. By Battery Type
  3. By Application
  4. By End User
  5. By Length of Bus
  6. By Battery Capacity
  7. By Range
Europe Electric Bus Market Key Strategic Imperatives for Success & Growth
Competitive Outlook
1. Competition Matrix
  1. Application Portfolio
  2. Brand Specialization
  3. Target Markets
  4. Target Applications
  5. Research & Development
  6. Strategic Alliances
  7. Strategic Initiatives
2. Company Profiles (Business Description, Product Segments, Business Segments, Financials, Strategic Alliances/ Partnerships, Future Plans)
  1. Solaris Bus & Coach
  2. IVECO Bus
  3. Traton Group
  4. AB Volvo
  5. Mercedes-Benz Group AG,
  6. EBUSCO
  7. BYD Auto Co. Ltd.
  8. Van Hool
  9. VDL Bus & Coach
  10. EvoBus GmbH
  11. Others
Disclaimer

MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:

1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.

2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.

3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.

4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making

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