According to www.techsciresearch.com latest Report- Global electric bus market is projected to surpass $ 350 billion by 2024 on account of strict emission norms and emphasis by the governments of various countries on clean energy public transportation. According to WHO, air pollution is the leading cause of death in countries with poor quality of air. Report URL- https://www.techsciresearch.com/report/electric-bus-market/4176.html

1. GLOBAL ELECTRIC BUS MARKET
FORECAST & OPPORTUNITIES
2014 – 2024
MARKET INTELLIGENCE . CONSULTING
www.techsciresearch.com

2. 2
Scope of Report
Product of Interest (POI): Electric Bus
Review Period
2014 – 2017
Base Year
2018
Estimated Year
2019
Forecast Period
2020 – 2024
Year Range
ELECTRIC BUS MARKET
SEATING CAPACITY REGION
• North America
• Europe
• Asia-Pacific
• Middle East & Africa
• Up to 30 Seater
• 31-40 Seater
• Above 40 Seater
Global electric bus market is projected to surpass $ 350 billion by 2024 on account of strict emission
norms and emphasis by the governments of various countries on clean energy public transportation.
According to WHO, air pollution is the leading cause of death in countries with poor quality of air. As a
result, governments of various countries are offering subsidies on the purchase of electric buses.
Furthermore, electric buses have lower ownership cost and longer lifespan when compared with their
diesel counterparts, which is anticipated to positively influence the growth of the electric bus market
during the forecast period.
Market Segmentation
BATTERY TYPE
• Lead Acid
• Lithium Ion
APPLICATION
• Intercity
• Intracity
• Airport Bus
BUS LENGTH
• 6-8m
• 9-12m
• Above 12m

3. 3
Table of Contents
S. No. Contents Page No.
1. Product Overview
2. Research Methodology
3. Executive Summary
4. Global Electric Bus Market Outlook
4.1. Market Size & Forecast
4.1.1. By Value & Volume
4.2. Market Share & Forecast
4.2.1. By Seating Capacity (Up to 30 Seater; 31-40 Seater; Above 40 Seater)
4.2.2. By Battery Type (Lead Acid and Lithium Ion)
4.2.3. By Application (Intercity; Intracity; Airport Bus)
4.2.4. By Bus Length (6-8m; 9-12m; Above 12m)
4.2.5. By Company (2018)
4.2.6.
By Region (North America; Europe; Asia Pacific; South America and Middle East &
Africa)
4.3. Market Attractiveness Index
5. Asia-Pacific Electric Bus Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value & Volume
5.2. Market Share & Forecast
5.2.1. By Seating Capacity
5.2.2. By Battery Type
5.2.3. By Application
5.2.4. By Bus Length

4. 4
Table of Contents
S. No. Contents Page No.
5.2.5. By Country
5.3. Asia-Pacific: Country Analysis
5.3.1. China Electric Bus Market Outlook
5.3.1.1. Market Size & Forecast
5.3.1.1.1. By Value & Volume
5.3.1.2. Market Share & Forecast
5.3.1.2.1. By Seating Capacity
5.3.1.2.2. By Battery Type
5.3.1.2.3. By Application
5.3.1.2.4. By Bus Length
5.3.1.3. Pricing Analysis
5.3.2. India Electric Bus Market Outlook
5.3.2.1. Market Size & Forecast
5.3.2.1.1. By Value & Volume
5.3.2.2. Market Share & Forecast
5.3.2.2.1. By Seating Capacity
5.3.2.2.2. By Battery Type
5.3.2.2.3. By Application
5.3.2.2.4. By Bus Length
5.3.2.3. Pricing Analysis
5.3.3. Japan Electric Bus Market Outlook
5.3.3.1. Market Size & Forecast

5. 5
Table of Contents
S. No. Contents Page No.
5.3.3.1.1. By Value & Volume
5.3.3.2. Market Share & Forecast
5.3.3.2.1. By Seating Capacity
5.3.3.2.2. By Battery Type
5.3.3.2.3. By Application
5.3.3.2.4. By Bus Length
5.3.3.3. Pricing Analysis
5.3.4. Singapore Electric Bus Market Outlook
5.3.4.1. Market Size & Forecast
5.3.4.1.1. By Value & Volume
5.3.4.2. Market Share & Forecast
5.3.4.2.1. By Seating Capacity
5.3.4.2.2. By Battery Type
5.3.4.2.3. By Application
5.3.4.2.4. By Bus Length
5.3.4.3. Pricing Analysis
6. Europe Electric Bus Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By Seating Capacity
6.2.2. By Battery Type

6. 6
Table of Contents
S. No. Contents Page No.
6.2.3. By Application
6.2.4. By Bus Length
6.2.5. By Country
6.3. Europe: Country Analysis
6.3.1. Germany Electric Bus Market Outlook
6.3.1.1. Market Size & Forecast
6.3.1.1.1. By Value & Volume
6.3.1.2. Market Share & Forecast
6.3.1.2.1. By Seating Capacity
6.3.1.2.2. By Battery Type
6.3.1.2.3. By Application
6.3.1.2.4. By Bus Length
6.3.1.3. Pricing Analysis
6.3.2. United Kingdom Electric Bus Market Outlook
6.3.2.1. Market Size & Forecast
6.3.2.1.1. By Value & Volume
6.3.2.2. Market Share & Forecast
6.3.2.2.1. By Seating Capacity
6.3.2.2.2. By Battery Type
6.3.2.2.3. By Application
6.3.2.2.4. By Bus Length
6.3.2.3. Pricing Analysis

7. 7
Table of Contents
S. No. Contents Page No.
6.3.3. Austria Electric Bus Market Outlook
6.3.3.1. Market Size & Forecast
6.3.3.1.1. By Value & Volume
6.3.3.2. Market Share & Forecast
6.3.3.2.1. By Seating Capacity
6.3.3.2.2. By Battery Type
6.3.3.2.3. By Application
6.3.3.2.4. By Bus Length
6.3.3.3. Pricing Analysis
6.3.4. France Electric Bus Market Outlook
6.3.4.1. Market Size & Forecast
6.3.4.1.1. By Value & Volume
6.3.4.2. Market Share & Forecast
6.3.4.2.1. By Seating Capacity
6.3.4.2.2. By Battery Type
6.3.4.2.3. By Application
6.3.4.2.4. By Bus Length
6.3.4.3. Pricing Analysis
6.3.5. Spain Electric Bus Market Outlook
6.3.5.1. Market Size & Forecast
6.3.5.1.1. By Value & Volume
6.3.5.2. Market Share & Forecast
6.3.5.2.1. By Seating Capacity

8. 8
Table of Contents
S. No. Contents Page No.
6.3.5.2.2. By Battery Type
6.3.5.2.3. By Application
6.3.5.2.4. By Bus Length
6.3.5.3. Pricing Analysis
6.3.6. Poland Electric Bus Market Outlook
6.3.6.1. Market Size & Forecast
6.3.6.1.1. By Value & Volume
6.3.6.2. Market Share & Forecast
6.3.6.2.1. By Seating Capacity
6.3.6.2.2. By Battery Type
6.3.6.2.3. By Application
6.3.6.2.4. By Bus Length
6.3.6.3. Pricing Analysis
6.3.7. Turkey Electric Bus Market Outlook
6.3.7.1. Market Size & Forecast
6.3.7.1.1. By Value & Volume
6.3.7.2. Market Share & Forecast
6.3.7.2.1. By Seating Capacity
6.3.7.2.2. By Battery Type
6.3.7.2.3. By Application
6.3.7.2.4. By Bus Length
7. North America Electric Bus Market Outlook
7.1. Market Size & Forecast

9. 9
Table of Contents
S. No. Contents Page No.
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By Seating Capacity
7.2.2. By Battery Type
7.2.3. By Application
7.2.4. By Bus Length
7.2.5. By Country
7.3. North America: Country Analysis
7.3.1. United States Electric Bus Market Outlook
7.3.1.1. Market Size & Forecast
7.3.1.1.1. By Value & Volume
7.3.1.2. Market Share & Forecast
7.3.1.2.1. By Seating Capacity
7.3.1.2.2. By Battery Type
7.3.1.2.3. By Application
7.3.1.2.4. By Bus Length
7.3.1.3. Pricing Analysis
7.3.2. Mexico Electric Bus Market Outlook
7.3.2.1. Market Size & Forecast
7.3.2.1.1. By Value & Volume
7.3.2.2. Market Share & Forecast
7.3.2.2.1. By Seating Capacity
7.3.2.2.2. By Battery Type
7.3.2.2.3. By Application
7.3.2.2.4. By Bus Length

10. 10
Table of Contents
S. No. Contents Page No.
7.3.2.3. Pricing Analysis
7.3.3. Canada Electric Bus Market Outlook
7.3.3.1. Market Size & Forecast
7.3.3.1.1. By Value & Volume
7.3.3.2. Market Share & Forecast
7.3.3.2.1. By Seating Capacity
7.3.3.2.2. By Battery Type
7.3.3.2.3. By Application
7.3.3.2.4. By Bus Length
7.3.3.3. Pricing Analysis
8. Middle East & Africa Electric Bus Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value & Volume
8.2. Market Share & Forecast
8.2.1. By Seating Capacity
8.2.2. By Battery Type
8.2.3. By Application
8.2.4. By Bus Length
8.2.5. By Country
8.3. MEA: Country Analysis
8.3.1. Saudi Arabia Electric Bus Market Outlook
8.3.1.1. Market Size & Forecast
8.3.1.1.1. By Value & Volume

11. 11
Table of Contents
S. No. Contents Page No.
8.3.1.2. Market Share & Forecast
8.3.1.2.1. By Seating Capacity
8.3.1.2.2. By Battery Type
8.3.1.2.3. By Application
8.3.1.2.4. By Bus Length
8.3.1.3. Pricing Analysis
8.3.2. UAE Electric Bus Market Outlook
8.3.2.1. Market Size & Forecast
8.3.2.1.1. By Value & Volume
8.3.2.2. Market Share & Forecast
8.3.2.2.1. By Seating Capacity
8.3.2.2.2. By Battery Type
8.3.2.2.3. By Application
8.3.2.2.4. By Bus Length
8.3.2.3. Pricing Analysis
9. Product Benchmarking
10. Market Dynamics
10.1. Drivers
10.2. Challenges
11. Market Trends and Developments
12. Competitive Landscape
13. Strategic Recommendations
14. About Us & Disclaimer

12. RESEARCH
METHODOLOGY

13. 13
Research Methodology
 Identifying Key Opinion
Leaders
 Questionnaire Design
 In-depth Interviews
Data
Collection
Developing List
of Respondents
Formulating
Questionnaire
Market
Profiling
Data
Validation
Data
Analysis
In-depth secondary
research was conducted to
determine top players in
the global electric bus
market, overall market size
and segmental market size.
In order to conduct
industry experts’
interviews, TechSci
formulated a detailed
discussion guide.
List of industry
players and industry
specialists was
developed.
TechSci conducted
interviews with
industry experts and
industry players for
data collection and
verification.
Data obtained as a
result of primary
and secondary
research was
validated through
rigorous
triangulation.
The data was scrutinized
using MS-Excel, statistical
tools and internal
proprietary database to
obtain qualitative and
quantitative insights about
the global electric bus
market.
Data
Collection
Data Filter
& Analysis
Research &
Intelligence
Actionable
Insights
Business
Solution
Primary Research Desk Research Company Analysis
 Recent Developments
 Market Changing
Aspects/Dynamics
 Government Policies
 Conclusion
 Market Participants
 Key Strengths
 LinkedIn
 TechSci Internal
Database
 Factiva
 Hoovers
Paid Sources
 Company Website
 Company Annual
Reports
 White Paper Study
 Financial Reports
 Investor
Presentations
 Regulatory Body
 Associations, etc.
Secondary
Research
Primary Research

14. 14
Research Methodology
Baseline Methodology
Our dedicated team of industry experts has monitored and analyzed various aspects of global electric bus market. The team has
market, while considering the major influencing factors, such as emphasis by the governments of various countries on clean energy
forecasting, which would enable our clients to take better decisions while planning their strategy to achieve sustainability in global
Methodology Followed for Calculation of Market Size:
• Market Size by Value & Volume: Market size, in terms of value & volume, for the year 2018 was calculated based on information
collected through exhaustive secondary research and primary surveys, with various key opinion leaders/stakeholders, such as electric
influencers & end users, industry experts, and other industry participants.
• The team interviewed more than 15 – 20 electric bus companies, 45 – 50 channel partners, 80 – 100 end users, and 15 – 20 industry
global Electric Bus market to obtain the overall market size from 2014-2018, which was validated by the Delphi technique. Taking
size was averaged out, to arrive at the market size data from 2014-2018.

15. 15
Research Methodology
• Respondents were asked about the current and future market growth rates, market shares by seating capacity, by battery type, by application, by bus length, by each region.
Removing the outlier responses, the geometric mean of growth estimates and supplier wise revenue shares generated across various segments were considered, to arrive at the
final revenue shares. Revenue shares generated across various segments were further triangulated from other stakeholders.
Methodology Followed for Calculation of Market Shares:
Market shares by seating capacity, by battery type, by application, by bus length, by region and by company were calculated based on the responses received through primary surveys
with industry experts, in which the respondents were asked about the market shares or revenue generated from various segments of electric bus market. The final shares were
calculated by taking the geometric mean of the responses gathered from key opinion leaders after eliminating the outliers.
Methodology Followed for Forecasting:
• TechSci Research performed periodical checks on data collected through the surveys with logic checks and analyzed the survey results in SPSS/Tableau Software.
• Data triangulation techniques were applied to fill the gaps and to present a more meaningful picture of the market. To forecast global Electric Bus market, TechSci Research used
various forecast techniques such as:
 Moving Average
 Time Series Analysis
 Regression Analysis
 Econometric and Judgmental Analysis

16. 16
Research Methodology
TechSci Research used its own forecast tool, which is based on the growth of various allied industries in respective regions. TechSci Research also used the impact analysis during
short, medium and long term period to estimate the demand and to reach accurate market numbers. It should be noted that the figures compiled are only for the organized market
including market share data.
Partial List of Companies Interviewed Key Secondary Sources
 AB Volvo
 BYD Company Limited
 Daimler AG
 Zhengzhou Yutong Bus Co., Ltd.
 Anhui Ankai Automobile Co. Ltd.
 Iveco S.p.A.
 Scania AB
 New Flyer Industries
 Dongfeng Automobile Co., Ltd.
 GreenPower Motor Company Inc.
 World Bank
 TechSci Research Proprietary Database & Knowledge
Repository
 Company Annual Reports
 Industry Magazines
 Industry Reports
 News Dailies
 Credible Paid Databases

17. 17
INDUSTRY BRIEF
According to TechSci Research report, “Global Electric Bus Market By Seating Capacity, By Battery Type, By Application, By Bus Length, By Region,
Competition, Forecast & Opportunities, 2024”, the global electric bus market is forecast to reach $ 350 billion by 2024. Electric buses are witnessing rising
adoption owing to the increasing urbanization coupled with growing demand for alternate fuel based vehicles, rising air and noise pollution, advancements in the
field of electric mobility, among others. Additionally, the subsidy allocation for purchasing these vehicles by governments in various economies would further fuel
growth in the market. However, lack of technical awareness and high procurement cost are likely to hamper the growth of market.
The global electric bus market is segmented based on seating type, battery type, application, bus length, region and company. Based on seating type, the
market can be fragmented into up to 30-seater, 31-40-seater, and above 40. The 31-40-seater segment is expected to hold the largest market share during the
forecast period attributable to compact body, ease of boarding and capacity of storing large volume of luggage. On the basis of bus length, the market can be
categorized into 6-8m, 9-12m and above 12m. Of all, the 9-12m length segment is expected to continue its dominance during the forecast period, predominantly
owing to preferred length, and consequently, higher adoption of 9-12 length electric buses for public transportation.
“Asia-Pacific is expected to dominate and grow at the fastest rate during the forecast period, owing to the increasing investments in alternative fuel technologies
in the region. Sales in Asia-Pacific are dominated by regional players. These companies have strong presence owing to well-established distribution channels.
China is the largest producer and is investing heavily in 5th generation electric buses. Additionally, governments in various countries of the region are providing
subsidies and tax benefits to electric bus manufacturers, thereby further propelling demand for electric buses.” said Mr. Karan Chechi, Research Director with
TechSci Research, a research based global management consulting firm. AB Volvo, BYD Company Limited, Daimler AG, Zhengzhou Yutong Bus Co., Ltd.,
Anhui Ankai Automobile Co. Ltd., Iveco S.p.A., Scania AB, New Flyer Industries, Dongfeng Automobile Co. Ltd., and GreenPower Motor Company Inc., among
others are some of the leading players operating in global electric bus market.

18. 18
SAMPLE DATA - SNAPSHOT
5.00 6.00 7.00 8.00 9.00 10.00 11.00 12.00 13.00 14.00 15.00
10.00 20.00 30.00 40.00 50.00 60.00 70.00 80.00 90.00 100.00 110.00
2014 2018 2019E 2024F
By Value (USD Million)
By Volume (Units)
Global Electric Bus Market Size, By Value (USD Million) & By Volume (Units), 2014–2024F
CAGR By Value & Volume
XX%
CAGR By Value & Volume
YY%
Europe Electric Bus Market Share, By Seating Capacity, By Volume, 2014–2024F
33% 33% 33% 33% 33% 33% 33% 33% 33% 33% 33%
34% 34% 34% 34% 34% 34% 34% 34% 34% 34% 34%
33% 33% 33% 33% 33% 33% 33% 33% 33% 33% 33%
2014 2015 2016 2017 2018 2019E 2020F 2021F 2022F 2023F 2024F
Above 40 Seater 31-40 Seater Up to 30 Seater
Germany Electric Bus Market Share, By Battery Type, By Volume, 2014–2024F
50% 50% 50% 50% 50% 50% 50% 50% 50% 50% 50%
50% 50% 50% 50% 50% 50% 50% 50% 50% 50% 50%
2014 2015 2016 2017 2018 2019E 2020F 2021F 2022F 2023F 2024F
Lithium Ion
Lead Acid

19. 19
Competitor Profile
BYD Company Limited
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Report Name: GLOBAL ELECTRIC BUS MARKET
FORECAST & OPPORTUNITIES
2014 – 2024

20. About Us & Disclaimer
TechSci Research is a global market research and consulting company with offices in the US, UK and India. TechSci Research provides market research reports in
number of areas to organizations. The company uses innovative business models that focus on improving productivity, while ensuring creation of high-quality
reports. The proprietary forecasting models use various analyses of both industry-specific and macroeconomic variables on a state-by-state basis to produce a
unique ‘bottom-up’ model of a country, regional and global industry prospects. Combined with the detailed analysis of company activity and industry trends, the
result is a uniquely rich evaluation of the opportunities available in the market.
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The contents of this report are based on information generally available to the public from sources believed to be reliable. No representation is made that it is timely,
accurate or complete. TechSci Research has taken due care and caution in compilation of data as this has been obtained from various sources including which it
considers reliable and first hand. However, TechSci Research does not guarantee the accuracy, adequacy or completeness of any information and it is not responsible
for any errors or omissions or for the results obtained from the use of such information and especially states that it has no financial liability whatsoever to the
subscribers / users of this report. The information herein, together with all estimates and forecasts, can change without notice. All the figures provided in this
document are indicative of relative market size and are strictly for client’s internal consumption. Usage of the same for purpose other than internal will require prior
approval of TechSci Research.
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