Battery electric bus is expected to remain the largest segment in the global electric bus market

Posted March 20, 2022 by Lucintel

Battery electric bus is expected to remain the largest segment in the global electric bus market
An exciting new study from the team of Lucintel found that electric bus market is expected to reach $76.1 billion by 2025 with a CAGR of 17.6%. There are significant money making opportunities available in this market and companies planning to enter this market need to differentiate in order to maximize their return on investment.
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The electric bus market is segmented based on vehicle type, battery type, charging infrastructure, length type, end use type, and the region. In this market, battery electric bus is expected to remain the largest vehicle type, and lithium iron phosphate (LFP) segment is expected to remain the largest battery type. Players can benefit from the available opportunities like growing concerns on environmental pollution, government subsidies and tax rebates, and heavy investment from automaker in electric bus development.
Development of low cost lithium ion batteries and integrated software solutions for better optimization of bus performance are emerging trends having impact on dynamics of the industry.
BYD, CRRC, Alexander Dennis Limited, Solaris Bus & Coach, Zhengzhou Yutong, New Flyer, Volvo, Proterraare some of the major players profiled in this 217 page report.
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Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth opportunities for the electric bus market by vehicle type (Plug-in hybrid electric bus, Hybrid electric bus, Battery electric bus), battery type (Lithium Iron Phosphate, Nickel Manganese Cobalt Oxide (NMC), Others), charging infrastructure (inductive, conductive, and plugin), length type {small bus(10Meter)}, end-use type (public and private), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the electric bus market?
Q.4 What are some changing demands of customers in the electric bus market?
Q.5 What are the new developments in the electric bus market? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this electric bus area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this electric bus market?
This unique report from Lucintel will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected]
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit
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Issued By Lucintel
Country United States
Categories Business
Last Updated March 20, 2022