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Battery Electric Bus-Global Market Insights and Sales Trends 2024
Synopsis
A battery electric bus is an electric bus that is driven by an electric motor and obtains energy from on-board batteries. Many trolleybuses use batteries as an auxiliary or emergency power source.
Battery buses are equipped for charging with fixed pantographs at bus stops and in the Depot.Supercapacitors can be charged rapidly, reducing the time needed to prepare to resume operation
The global Battery Electric Bus market size is expected to reach US$ 14390 million by 2029, growing at a CAGR of 4.9% from 2023 to 2029. The market is mainly driven by the significant applications of Battery Electric Bus in various end use industries. The expanding demands from the Public Transit, Highway Transportation and Others,, are propelling Battery Electric Bus market. NI-MH Battery, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Lithium Ion Battery segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Battery Electric Bus market, driven by demand from China, the second largest economy with some signs of stabilising, the Battery Electric Bus market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Battery Electric Bus, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Battery Electric Bus market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Battery Electric Bus market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Battery Electric Bus sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Battery Electric Bus covered in this report include Yutong, DFAC, BYD, King Long, Zhong Tong, Foton, ANKAI, Guangtong and Nanjing Gold Dragon, etc.
The global Battery Electric Bus market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Yutong
DFAC
BYD
King Long
Zhong Tong
Foton
ANKAI
Guangtong
Nanjing Gold Dragon
Volvo
New Flyer
Daimler
Gillig
Global Battery Electric Bus market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Battery Electric Bus market, Segment by Type:
NI-MH Battery
Lithium Ion Battery
Others
Global Battery Electric Bus market, by Application
Public Transit
Highway Transportation
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Battery Electric Bus manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Battery Electric Bus in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
A battery electric bus is an electric bus that is driven by an electric motor and obtains energy from on-board batteries. Many trolleybuses use batteries as an auxiliary or emergency power source.
Battery buses are equipped for charging with fixed pantographs at bus stops and in the Depot.Supercapacitors can be charged rapidly, reducing the time needed to prepare to resume operation
The global Battery Electric Bus market size is expected to reach US$ 14390 million by 2029, growing at a CAGR of 4.9% from 2023 to 2029. The market is mainly driven by the significant applications of Battery Electric Bus in various end use industries. The expanding demands from the Public Transit, Highway Transportation and Others,, are propelling Battery Electric Bus market. NI-MH Battery, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Lithium Ion Battery segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Battery Electric Bus market, driven by demand from China, the second largest economy with some signs of stabilising, the Battery Electric Bus market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Battery Electric Bus, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Battery Electric Bus market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Battery Electric Bus market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Battery Electric Bus sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Battery Electric Bus covered in this report include Yutong, DFAC, BYD, King Long, Zhong Tong, Foton, ANKAI, Guangtong and Nanjing Gold Dragon, etc.
The global Battery Electric Bus market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Yutong
DFAC
BYD
King Long
Zhong Tong
Foton
ANKAI
Guangtong
Nanjing Gold Dragon
Volvo
New Flyer
Daimler
Gillig
Global Battery Electric Bus market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Battery Electric Bus market, Segment by Type:
NI-MH Battery
Lithium Ion Battery
Others
Global Battery Electric Bus market, by Application
Public Transit
Highway Transportation
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Battery Electric Bus manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Battery Electric Bus in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Battery Electric Bus Market Overview
1.1 Battery Electric Bus Product Overview
1.2 Battery Electric Bus Market Segment by Type
1.2.1 NI-MH Battery
1.2.2 Lithium Ion Battery
1.2.3 Others
1.3 Global Battery Electric Bus Market Size by Type
1.3.1 Global Battery Electric Bus Market Size Overview by Type (2018-2029)
1.3.2 Global Battery Electric Bus Historic Market Size Review by Type (2018-2023)
1.3.3 Global Battery Electric Bus Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Battery Electric Bus Sales Breakdown by Type (2018-2023)
1.4.2 Europe Battery Electric Bus Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Battery Electric Bus Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Battery Electric Bus Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Battery Electric Bus Sales Breakdown by Type (2018-2023)
2 Global Battery Electric Bus Market Competition by Company
2.1 Global Top Players by Battery Electric Bus Sales (2018-2023)
2.2 Global Top Players by Battery Electric Bus Revenue (2018-2023)
2.3 Global Top Players by Battery Electric Bus Price (2018-2023)
2.4 Global Top Manufacturers Battery Electric Bus Manufacturing Base Distribution, Sales Area, Product Type
2.5 Battery Electric Bus Market Competitive Situation and Trends
2.5.1 Battery Electric Bus Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Battery Electric Bus Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Battery Electric Bus as of 2022)
2.7 Date of Key Manufacturers Enter into Battery Electric Bus Market
2.8 Key Manufacturers Battery Electric Bus Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Battery Electric Bus Status and Outlook by Region
3.1 Global Battery Electric Bus Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Battery Electric Bus Historic Market Size by Region
3.2.1 Global Battery Electric Bus Sales in Volume by Region (2018-2023)
3.2.2 Global Battery Electric Bus Sales in Value by Region (2018-2023)
3.2.3 Global Battery Electric Bus Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Battery Electric Bus Forecasted Market Size by Region
3.3.1 Global Battery Electric Bus Sales in Volume by Region (2024-2029)
3.3.2 Global Battery Electric Bus Sales in Value by Region (2024-2029)
3.3.3 Global Battery Electric Bus Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Battery Electric Bus by Application
4.1 Battery Electric Bus Market Segment by Application
4.1.1 Public Transit
4.1.2 Highway Transportation
4.1.3 Others
4.2 Global Battery Electric Bus Market Size by Application
4.2.1 Global Battery Electric Bus Market Size Overview by Application (2018-2029)
4.2.2 Global Battery Electric Bus Historic Market Size Review by Application (2018-2023)
4.2.3 Global Battery Electric Bus Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Battery Electric Bus Sales Breakdown by Application (2018-2023)
4.3.2 Europe Battery Electric Bus Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Battery Electric Bus Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Battery Electric Bus Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Battery Electric Bus Sales Breakdown by Application (2018-2023)
5 North America Battery Electric Bus by Country
5.1 North America Battery Electric Bus Historic Market Size by Country
5.1.1 North America Battery Electric Bus Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Battery Electric Bus Sales in Volume by Country (2018-2023)
5.1.3 North America Battery Electric Bus Sales in Value by Country (2018-2023)
5.2 North America Battery Electric Bus Forecasted Market Size by Country
5.2.1 North America Battery Electric Bus Sales in Volume by Country (2024-2029)
5.2.2 North America Battery Electric Bus Sales in Value by Country (2024-2029)
6 Europe Battery Electric Bus by Country
6.1 Europe Battery Electric Bus Historic Market Size by Country
6.1.1 Europe Battery Electric Bus Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Battery Electric Bus Sales in Volume by Country (2018-2023)
6.1.3 Europe Battery Electric Bus Sales in Value by Country (2018-2023)
6.2 Europe Battery Electric Bus Forecasted Market Size by Country
6.2.1 Europe Battery Electric Bus Sales in Volume by Country (2024-2029)
6.2.2 Europe Battery Electric Bus Sales in Value by Country (2024-2029)
7 Asia-Pacific Battery Electric Bus by Region
7.1 Asia-Pacific Battery Electric Bus Historic Market Size by Region
7.1.1 Asia-Pacific Battery Electric Bus Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Battery Electric Bus Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Battery Electric Bus Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Battery Electric Bus Forecasted Market Size by Region
7.2.1 Asia-Pacific Battery Electric Bus Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Battery Electric Bus Sales in Value by Region (2024-2029)
8 Latin America Battery Electric Bus by Country
8.1 Latin America Battery Electric Bus Historic Market Size by Country
8.1.1 Latin America Battery Electric Bus Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Battery Electric Bus Sales in Volume by Country (2018-2023)
8.1.3 Latin America Battery Electric Bus Sales in Value by Country (2018-2023)
8.2 Latin America Battery Electric Bus Forecasted Market Size by Country
8.2.1 Latin America Battery Electric Bus Sales in Volume by Country (2024-2029)
8.2.2 Latin America Battery Electric Bus Sales in Value by Country (2024-2029)
9 Middle East and Africa Battery Electric Bus by Country
9.1 Middle East and Africa Battery Electric Bus Historic Market Size by Country
9.1.1 Middle East and Africa Battery Electric Bus Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Battery Electric Bus Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Battery Electric Bus Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Battery Electric Bus Forecasted Market Size by Country
9.2.1 Middle East and Africa Battery Electric Bus Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Battery Electric Bus Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Yutong
10.1.1 Yutong Company Information
10.1.2 Yutong Introduction and Business Overview
10.1.3 Yutong Battery Electric Bus Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Yutong Battery Electric Bus Products Offered
10.1.5 Yutong Recent Development
10.2 DFAC
10.2.1 DFAC Company Information
10.2.2 DFAC Introduction and Business Overview
10.2.3 DFAC Battery Electric Bus Sales, Revenue and Gross Margin (2018-2023)
10.2.4 DFAC Battery Electric Bus Products Offered
10.2.5 DFAC Recent Development
10.3 BYD
10.3.1 BYD Company Information
10.3.2 BYD Introduction and Business Overview
10.3.3 BYD Battery Electric Bus Sales, Revenue and Gross Margin (2018-2023)
10.3.4 BYD Battery Electric Bus Products Offered
10.3.5 BYD Recent Development
10.4 King Long
10.4.1 King Long Company Information
10.4.2 King Long Introduction and Business Overview
10.4.3 King Long Battery Electric Bus Sales, Revenue and Gross Margin (2018-2023)
10.4.4 King Long Battery Electric Bus Products Offered
10.4.5 King Long Recent Development
10.5 Zhong Tong
10.5.1 Zhong Tong Company Information
10.5.2 Zhong Tong Introduction and Business Overview
10.5.3 Zhong Tong Battery Electric Bus Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Zhong Tong Battery Electric Bus Products Offered
10.5.5 Zhong Tong Recent Development
10.6 Foton
10.6.1 Foton Company Information
10.6.2 Foton Introduction and Business Overview
10.6.3 Foton Battery Electric Bus Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Foton Battery Electric Bus Products Offered
10.6.5 Foton Recent Development
10.7 ANKAI
10.7.1 ANKAI Company Information
10.7.2 ANKAI Introduction and Business Overview
10.7.3 ANKAI Battery Electric Bus Sales, Revenue and Gross Margin (2018-2023)
10.7.4 ANKAI Battery Electric Bus Products Offered
10.7.5 ANKAI Recent Development
10.8 Guangtong
10.8.1 Guangtong Company Information
10.8.2 Guangtong Introduction and Business Overview
10.8.3 Guangtong Battery Electric Bus Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Guangtong Battery Electric Bus Products Offered
10.8.5 Guangtong Recent Development
10.9 Nanjing Gold Dragon
10.9.1 Nanjing Gold Dragon Company Information
10.9.2 Nanjing Gold Dragon Introduction and Business Overview
10.9.3 Nanjing Gold Dragon Battery Electric Bus Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Nanjing Gold Dragon Battery Electric Bus Products Offered
10.9.5 Nanjing Gold Dragon Recent Development
10.10 Volvo
10.10.1 Volvo Company Information
10.10.2 Volvo Introduction and Business Overview
10.10.3 Volvo Battery Electric Bus Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Volvo Battery Electric Bus Products Offered
10.10.5 Volvo Recent Development
10.11 New Flyer
10.11.1 New Flyer Company Information
10.11.2 New Flyer Introduction and Business Overview
10.11.3 New Flyer Battery Electric Bus Sales, Revenue and Gross Margin (2018-2023)
10.11.4 New Flyer Battery Electric Bus Products Offered
10.11.5 New Flyer Recent Development
10.12 Daimler
10.12.1 Daimler Company Information
10.12.2 Daimler Introduction and Business Overview
10.12.3 Daimler Battery Electric Bus Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Daimler Battery Electric Bus Products Offered
10.12.5 Daimler Recent Development
10.13 Gillig
10.13.1 Gillig Company Information
10.13.2 Gillig Introduction and Business Overview
10.13.3 Gillig Battery Electric Bus Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Gillig Battery Electric Bus Products Offered
10.13.5 Gillig Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Battery Electric Bus Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Battery Electric Bus Industrial Chain Analysis
11.4 Battery Electric Bus Market Dynamics
11.4.1 Battery Electric Bus Industry Trends
11.4.2 Battery Electric Bus Market Drivers
11.4.3 Battery Electric Bus Market Challenges
11.4.4 Battery Electric Bus Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Battery Electric Bus Distributors
12.3 Battery Electric Bus Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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