Electric Bus Charging Infrastructure Market Overview
The electric bus charging infrastructure market is expected to grow at 30.9% CAGR from 2022 to 2029. It is expected to reach above USD 16.38 Billion by 2029 from USD 1.9 Billion in 2021.
Electric bus develops, implements, and supports charging solutions for various fleet types. These infrastructures are available to electric utility companies as public charging stations, customer subscription plans, and utility grid management technologies to help balance the system's electric demands. The plug-in electric vehicle and
electric vehicle charging systems connect to an electrical outlet to charge the vehicle's battery. Furthermore, in order to meet the growing demand for electric vehicles, a number of automakers and electric component manufacturers are collaborating to develop improved electric car charging systems.
The establishment of a sufficient and effective charging infrastructure is required for the integration of the electric bus ecosystem into the public transportation infrastructure. Charging solutions and power infrastructure are two critical components of the charging infrastructure. Electric buses rely entirely on commercial charging infrastructure, as opposed to other vehicle categories such as cars and two-wheelers, which may have "home" charging infrastructure, which consists of charging points installed at private residences.
ATTRIBUTE |
DETAILS |
Study period |
2020-2029 |
Base year |
2021 |
Estimated year |
2022 |
Forecasted year |
2022-2029 |
Historical period |
2018-2020 |
Unit |
Value (USD Billion) |
Segmentation |
By Platform, By Charging type, By Charging Method, By Region |
By Platform |
|
By Charging type |
|
By Charging Method |
- Fast-Charging
- Slow-Charging
|
By Region |
- North America
- Asia Pacific
- Europe
- South America
- Middle East Asia & Africa
|
E-buses have the potential to provide a variety of benefits, including increased energy efficiency and air quality, as well as long-term climate change mitigation, which most people prefer. Charging efficiency and a cleaner power grid help to improve the future benefits of electric buses. As a result, the use of electric buses technology in urban public transportation fleets is rapidly increasing. During the analysis period, all of these factors are expected to drive the growth and demand for electric bus charging infrastructure.
Governments urge people to switch to electric vehicles (EVs) because of escalating environmental concerns that are made worse by the use of fossil fuels like gasoline and diesel. These elements encourage EV sales and the need for charging facilities, along with the various benefits electric vehicles have over conventional fuel-powered cars.
Leading electric utility companies collaborate with manufacturers of electric vehicles to create charging stations that are suitable for electric vehicles. Electric vehicle (EV) sales are rising, which raises the need for effective charging facilities. Plans to construct the infrastructure for electric public transportation are becoming more prevalent as part of smart city initiatives. Electric vehicles are now considered to be the best alternative transportation options due to rising fuel prices and shortage.
Additionally, the OEMs' increased focus on linked EV charging solutions fuels demand for charging stations, expanding the market. The increase in the number of electric buses travelling on major city highways in recent years indicates the growing need for charging stations.
High manufacturing cost of electric buses and deployment of the electric bus charging infrastructure systems are factors restraining the growth of the electric bus charging infrastructure market. Electric buses are more expensive than the fossil fuel bus and it requires more charging time than fossil fuel buses. Requirement of advanced batteries and high investments in fast-charging infrastructure are some of the constraints that limit the growth of the market.
Due to their low maintenance needs and little moving components, electric vehicles can be crucial in lowering fuel costs and boosting profit margins. They further reduce the overall cost of ownership as a result. In order to strengthen the business case for hybrid-electric buses and encourage more fleet adoption, the fleet owners are constantly monitoring new innovations, technologies, and trends. To fulfil the anticipated demand for electric buses among fleets, manufacturers have started investing in the development of these vehicles.
Automotive sales have dramatically decreased as a result of COVID-19's adverse effects on a number of businesses, including the automotive sector. The demand for electric bus charging infrastructure decreased significantly globally since it is utilized so frequently in the production of automobiles.
The demand from end-use industries, namely the automotive industry, directly relates to the sales of electric bus charging infrastructure. However, the COVID-19 pandemic's import-export restrictions, restricted borders, and supply chain interruptions had a significant negative impact on the need for electric bus charging infrastructure in the automotive industry.
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Electric Bus Charging Infrastructure Market Market | Exactitude Consultancy[/caption]
- Introduction
- Market Definition
- Market Segmentation
- Research Timelines
- Assumptions And Limitations
- Research Methodology
- Data Mining
- Secondary Research
- Primary Research
- Subject-Matter Experts’ Advice
- Quality Checks
- Final Review
- Data Triangulation
- Bottom-Up Approach
- Top-Down Approach
- Research Flow
- Data Sources
- Executive Summary
- Market Overview
- Global Electric Bus Charging Infrastructure Market Outlook
- Market Drivers
- Market Restraints
- Market Opportunities
- Impact Of Covid-19 On Electric Bus Charging Infrastructure Market
- Porter’s Five Forces Model
- Threat From New Entrants
- Threat From Substitutes
- Bargaining Power Of Suppliers
- Bargaining Power Of Customers
- Degree Of Competition
- Industry Value Chain Analysis
- Global Electric Bus Charging Infrastructure Market By Platform (Usd Billion), 2020-2029
- Depot
- On-The-Go
- Global Electric Bus Charging Infrastructure Market By Charging Type (Usd Billion), 2020-2029
- On-Board
- Off-Board
- Global Electric Bus Charging Infrastructure Market By Charging Method (Usd Billion), 2020-2029
- Fast-Charging
- Slow-Charging
- Global Electric Bus Charging Infrastructure Market By Region (Usd Billion), 2020-2029
- North America
- US
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Rest Of South America
- Europe
- Germany
- UK
- France
- Italy
- Netherland
- Rest Of Europe
- Asia Pacific
- India
- China
- Japan
- South Korea
- Australia
- Rest Of Asia Pacific
- Middle East And Africa
- Turkey
- Iran
- Saudi Arabia
- South Africa
- Rest Of Middle East And Africa
- Company Profiles*
(Business Overview, Company Snapshot, Products Offered, Recent Developments)
- Albemarle Corporation
- BASF
- Clariant International
- KMI Zeolite
- Zeolyst International
- Honeywell International Inc.
- Tosoh Corporation
- NALCO
- KNT Group
- Arkema
- Huiying Chemical Industry Co. Ltd
*The Company List Is Indicative
LIST OF TABLES
TABLE 1 GLOBAL ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY PLATFORM (USD BILLION), 2020-2029
TABLE 2 GLOBAL ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY CHARGING TYPE (USD BILLION), 2020-2029
TABLE 3 GLOBAL ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY CHARGING METHOD (USD BILLION), 2020-2029
TABLE 4 GLOBAL ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY REGION (USD BILLION), 2020-2029
TABLE 5 NORTH AMERICA ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY PLATFORM (USD BILLION), 2020-2029
TABLE 6 NORTH AMERICA ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY CHARGING TYPE (USD BILLION), 2020-2029
TABLE 7 NORTH AMERICA ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY CHARGING METHOD (USD BILLION), 2020-2029
TABLE 8 NORTH AMERICA ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY COUNTRY (USD BILLION), 2020-2029
TABLE 9 US ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY PLATFORM (USD BILLION), 2020-2029
TABLE 10 US ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY CHARGING TYPE (USD BILLION), 2020-2029
TABLE 11 US ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY CHARGING METHOD (USD BILLION), 2020-2029
TABLE 12 CANADA ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY PLATFORM (BILLION), 2020-2029
TABLE 13 CANADA ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY CHARGING TYPE (USD BILLION), 2020-2029
TABLE 14 CANADA ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY CHARGING METHOD (USD BILLION), 2020-2029
TABLE 15 MEXICO ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY PLATFORM (USD BILLION), 2020-2029
TABLE 16 MEXICO ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY CHARGING TYPE (USD BILLION), 2020-2029
TABLE 17 MEXICO ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY CHARGING METHOD (USD BILLION), 2020-2029
TABLE 18 SOUTH AMERICA ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY PLATFORM (USD BILLION), 2020-2029
TABLE 19 SOUTH AMERICA ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY CHARGING TYPE (USD BILLION), 2020-2029
TABLE 20 SOUTH AMERICA ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY CHARGING METHOD (USD BILLION), 2020-2029
TABLE 21 SOUTH AMERICA ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY COUNTRY (USD BILLION), 2020-2029
TABLE 22 BRAZIL ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY PLATFORM (USD BILLION), 2020-2029
TABLE 23 BRAZIL ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY CHARGING TYPE (USD BILLION), 2020-2029
TABLE 24 BRAZIL ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY CHARGING METHOD (USD BILLION), 2020-2029
TABLE 25 ARGENTINA ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY PLATFORM (USD BILLION), 2020-2029
TABLE 26 ARGENTINA ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY CHARGING TYPE (USD BILLION), 2020-2029
TABLE 27 ARGENTINA ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY CHARGING METHOD (USD BILLION), 2020-2029
TABLE 28 COLOMBIA ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY PLATFORM (USD BILLION), 2020-2029
TABLE 29 COLOMBIA ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY CHARGING TYPE (USD BILLION), 2020-2029
TABLE 30 COLOMBIA ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY CHARGING METHOD (USD BILLION), 2020-2029
TABLE 31 REST OF SOUTH AMERICA ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY PLATFORM (USD BILLION), 2020-2029
TABLE 32 REST OF SOUTH AMERICA ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY CHARGING TYPE (USD BILLION), 2020-2029
TABLE 33 REST OF SOUTH AMERICA ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY CHARGING METHOD (USD BILLION), 2020-2029
TABLE 34 ASIA-PACIFIC ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY PLATFORM (USD BILLION), 2020-2029
TABLE 35 ASIA-PACIFIC ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY CHARGING TYPE (USD BILLION), 2020-2029
TABLE 36 ASIA-PACIFIC ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY CHARGING METHOD (USD BILLION), 2020-2029
TABLE 37 ASIA-PACIFIC ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY COUNTRY (USD BILLION), 2020-2029
TABLE 38 INDIA ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY PLATFORM (USD BILLION), 2020-2029
TABLE 39 INDIA ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY CHARGING TYPE (USD BILLION), 2020-2029
TABLE 40 INDIA ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY CHARGING METHOD (USD BILLION), 2020-2029
TABLE 41 CHINA ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY PLATFORM (USD BILLION), 2020-2029
TABLE 42 CHINA ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY CHARGING TYPE (USD BILLION), 2020-2029
TABLE 43 CHINA ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY CHARGING METHOD (USD BILLION), 2020-2029
TABLE 44 JAPAN ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY PLATFORM (USD BILLION), 2020-2029
TABLE 45 JAPAN ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY CHARGING TYPE (USD BILLION), 2020-2029
TABLE 46 JAPAN ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY CHARGING METHOD (USD BILLION), 2020-2029
TABLE 47 SOUTH KOREA ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY PLATFORM (USD BILLION), 2020-2029
TABLE 48 SOUTH KOREA ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY CHARGING TYPE (USD BILLION), 2020-2029
TABLE 49 SOUTH KOREA ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY CHARGING METHOD (USD BILLION), 2020-2029
TABLE 50 REST OF ASIA PACIFIC ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY PLATFORM (USD BILLION), 2020-2029
TABLE 51 REST OF ASIA PACIFIC ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY CHARGING TYPE (USD BILLION), 2020-2029
TABLE 52 REST OF ASIA PACIFIC ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY CHARGING METHOD (USD BILLION), 2020-2029
TABLE 53 EUROPE ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY PLATFORM (USD BILLION), 2020-2029
TABLE 54 EUROPE ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY CHARGING TYPE (USD BILLION), 2020-2029
TABLE 55 EUROPE ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY CHARGING METHOD (USD BILLION), 2020-2029
TABLE 56 EUROPE ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY COUNTRY (USD BILLION), 2020-2029
TABLE 57 GERMANY ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY PLATFORM (USD BILLION), 2020-2029
TABLE 58 GERMANY ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY CHARGING TYPE (USD BILLION), 2020-2029
TABLE 59 GERMANY ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY CHARGING METHOD (USD BILLION), 2020-2029
TABLE 60 UK ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY PLATFORM (USD BILLION), 2020-2029
TABLE 61 UK ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY CHARGING TYPE (USD BILLION), 2020-2029
TABLE 62 UK ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY CHARGING METHOD (USD BILLION), 2020-2029
TABLE 63 FRANCE ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY PLATFORM (USD BILLION), 2020-2029
TABLE 64 FRANCE ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY CHARGING TYPE (USD BILLION), 2020-2029
TABLE 65 FRANCE ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY CHARGING METHOD (USD BILLION), 2020-2029
TABLE 66 ITALY ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY PLATFORM (USD BILLION), 2020-2029
TABLE 67 ITALY ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY CHARGING TYPE (USD BILLION), 2020-2029
TABLE 68 ITALY ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY CHARGING METHOD (USD BILLION), 2020-2029
TABLE 69 RUSSIA ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY PLATFORM (USD BILLION), 2020-2029
TABLE 70 RUSSIA ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY CHARGING TYPE (USD BILLION), 2020-2029
TABLE 71 RUSSIA ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY CHARGING METHOD (USD BILLION), 2020-2029
TABLE 72 REST OF EUROPE ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY PLATFORM (USD BILLION), 2020-2029
TABLE 73 REST OF EUROPE ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY CHARGING TYPE (USD BILLION), 2020-2029
TABLE 74 REST OF EUROPE ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY CHARGING METHOD (USD BILLION), 2020-2029
TABLE 75 MIDDLE EAST AND AFRICA ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY PLATFORM (USD BILLION), 2020-2029
TABLE 76 MIDDLE EAST AND AFRICA ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY CHARGING TYPE (USD BILLION), 2020-2029
TABLE 77 MIDDLE EAST AND AFRICA ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY CHARGING METHOD (USD BILLION), 2020-2029
TABLE 78 MIDDLE EAST AND AFRICA ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY COUNTRY (USD BILLION), 2020-2029
TABLE 79 TURKEY ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY PLATFORM (USD BILLION), 2020-2029
TABLE 80 TURKEY ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY CHARGING TYPE (USD BILLION), 2020-2029
TABLE 81 TURKEY ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY CHARGING METHOD (USD BILLION), 2020-2029
TABLE 82 SAUDI ARABIA ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY PLATFORM (USD BILLION), 2020-2029
TABLE 83 SAUDI ARABIA ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY CHARGING TYPE (USD BILLION), 2020-2029
TABLE 84 SAUDI ARABIA ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY CHARGING METHOD (USD BILLION), 2020-2029
TABLE 85 SOUTH AFRICA ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY PLATFORM (USD BILLION), 2020-2029
TABLE 86 SOUTH AFRICA ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY CHARGING TYPE (USD BILLION), 2020-2029
TABLE 87 SOUTH AFRICA ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY CHARGING METHOD (USD BILLION), 2020-2029
TABLE 88 EGYPT ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY PLATFORM (USD BILLION), 2020-2029
TABLE 89 EGYPT ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY CHARGING TYPE (USD BILLION), 2020-2029
TABLE 90 EGYPT ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY CHARGING METHOD (USD BILLION), 2020-2029
TABLE 91 REST OF MIDDLE EAST AND AFRICA ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY PLATFORM (USD BILLION), 2020-2029
TABLE 92 REST OF MIDDLE EAST AND AFRICA ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY CHARGING TYPE (USD BILLION), 2020-2029
TABLE 93 REST OF MIDDLE EAST AND AFRICA ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY CHARGING METHOD (USD BILLION), 2020-2029
LIST OF FIGURES
FIGURE 1 MARKET DYNAMICS
FIGURE 2 MARKET SEGMENTATION
FIGURE 3 REPORT TIMELINES: YEARS CONSIDERED
FIGURE 4 DATA TRIANGULATION
FIGURE 5 BOTTOM-UP APPROACH
FIGURE 6 TOP-DOWN APPROACH
FIGURE 7 RESEARCH FLOW
FIGURE 8 GLOBAL ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY PLATFORM, USD BILLION, 2020-2029
FIGURE 9 GLOBAL ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY CHARGING TYPE, USD BILLION, 2020-2029
FIGURE 10 GLOBAL ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY CHARGING METHOD, USD BILLION, 2020-2029
FIGURE 11 GLOBAL ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY REGION, USD BILLION, 2020-2029
FIGURE 12 PORTER’S FIVE FORCES MODEL
FIGURE 13 ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY REGION 2021
FIGURE 14 ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY PLATFORM 2021
FIGURE 15 ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY CHARGING TYPE 2021
FIGURE 16 ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET BY CHARGING METHOD 2021
FIGURE 17 MARKET SHARE ANALYSIS
FIGURE 18 ABB LTD: COMPANY SNAPSHOT
FIGURE 19 ALSTOM SA: COMPANY SNAPSHOT
FIGURE 20 BYD AUTO CO. LTD: COMPANY SNAPSHOT
FIGURE 21 CHARGEPOINT INC.: COMPANY SNAPSHOT
FIGURE 22 EFACEC: COMPANY SNAPSHOT
FIGURE 23 FURRER + FREY AG.: COMPANY SNAPSHOT
FIGURE 24 HELIOX: COMPANY SNAPSHOT
FIGURE 25 LIIKENNEVIRTA OY (VIRTA GLOBAL): COMPANY SNAPSHOT
FIGURE 26 NUVVE CORPORATION: COMPANY SNAPSHOT
FIGURE 27 PROTERRA: COMPANY SNAPSHOT