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Market Research Report on Electric Buses Market - 2015-2025

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<str<strong>on</strong>g>Market</str<strong>on</strong>g> <str<strong>on</strong>g>Research</str<strong>on</strong>g> <str<strong>on</strong>g>Report</str<strong>on</strong>g> <strong>on</strong> <strong>Electric</strong> <strong>Buses</strong> <str<strong>on</strong>g>Market</str<strong>on</strong>g><br />

- <strong>2015</strong>-<strong>2025</strong><br />

The global electric buses market is expected to dem<strong>on</strong>strate str<strong>on</strong>g growth till <strong>2025</strong> at a doubledigit<br />

CAGR. According to market analysts, the global electric buses market will cross the mark of<br />

30,000 units by the end of 2020. Let us take a look into the forces resp<strong>on</strong>sible for the impressive<br />

growth of this market.<br />

Driver: Growing Envir<strong>on</strong>mental C<strong>on</strong>cerns<br />

Air polluti<strong>on</strong> caused by vehicles has become a serious c<strong>on</strong>cern for governments worldwide. This is<br />

driving the demand for public transport that features lower emissi<strong>on</strong> rates. C<strong>on</strong>sequently, countries<br />

such as Germany, France, and the U.K. are emerging key markets for electric vehicles (EV) due to<br />

extensive government support for electrificati<strong>on</strong> of public transport. The increasing envir<strong>on</strong>mental<br />

c<strong>on</strong>cerns will greatly fuel the growth of this market.<br />

Browse the Full Global <strong>Electric</strong> <strong>Buses</strong> <str<strong>on</strong>g>Market</str<strong>on</strong>g> <str<strong>on</strong>g>Report</str<strong>on</strong>g> : http://www.mrrse.com/electric-buses<br />

Driver: Rise in Investments and Partnerships<br />

The growing external funding, investments, and public-private partnerships will greatly drive the<br />

global electric buses market. Investment firms and transit agencies in the global electric buses<br />

market are backed by public funding and venture capital. This is working in the favor of the global<br />

electric buses market.<br />

Opportunity: Emerging China <str<strong>on</strong>g>Market</str<strong>on</strong>g><br />

China is aggressively moving towards its goal of a polluti<strong>on</strong>-free transportati<strong>on</strong> envir<strong>on</strong>ment.<br />

Hence, the focus <strong>on</strong> increasing the number of electric vehicles in the country is high. Thus, the<br />

Chinese government is encouraging the purchase of electric buses by offering several commercial<br />

incentives.<br />

In additi<strong>on</strong> to this, China is also a key manufacturing hub for electric buses, with key vendors such<br />

as BYD and Zh<strong>on</strong>gt<strong>on</strong>g operating in this regi<strong>on</strong>. BYD had sold over 1,000 electric buses by 2013.<br />

Trend: New Product Launches<br />

Technological roadmaps dem<strong>on</strong>strate the rapid innovati<strong>on</strong> coming in the next ten years. Recently,<br />

certain product launches by players in the global electric buses market show the elevated level of<br />

competiti<strong>on</strong> in the industry. The key players operating in this market are Ashok Leyland, Shenzhen<br />

Wuzhoul<strong>on</strong>g Motors, Alexander Dennis, Solaris Bus & Coach, Daimler, AB Volvo, BYD, Proterra,<br />

Zh<strong>on</strong>gt<strong>on</strong>g Bus & Holding, and EBUSCO.<br />

Restraint: Initial High Purchase Costs<br />

The high initial investment associated with electric buses is expected to suppress the global<br />

electric buses market. On the other hand, the operati<strong>on</strong> cost of these buses is significantly lower in


c<strong>on</strong>trast to c<strong>on</strong>venti<strong>on</strong>al buses, since electricity is more affordable and a more efficient power<br />

source than diesel.<br />

Restraint: Increasing Popularity of Substitutes<br />

The global electric buses market is threatened by the increasing adopti<strong>on</strong> of vehicles that run <strong>on</strong><br />

natural gas. CNG vehicles are expected to steadily enter the overall market for buses in the coming<br />

decade. CNG vehicles offer a broader range of prices, while this range is pegged at premium limits<br />

with regard to electric buses. Additi<strong>on</strong>ally, the charging time for electric buses can be multiple<br />

hours, while filling up a CNG vehicle is no different than filling up a c<strong>on</strong>venti<strong>on</strong>al gasoline-powered<br />

vehicle. These practicalities increase the allure of CNG vehicles.<br />

Though the global electric buses market is still in its nascent stage, it is expected to grow<br />

tremendously in the coming few years as a result of growing investment from government agencies<br />

and venture capitalists.<br />

1. EXECUTIVE SUMMARY AND CONCLUSIONS<br />

1.1. Overview<br />

1.1. Cost trends - China ready to pounce<br />

1.2. <str<strong>on</strong>g>Market</str<strong>on</strong>g> drivers and impediments<br />

1.2. Summary of technical preferences<br />

1.3. Statistics issues<br />

1.3. Regi<strong>on</strong>al differences<br />

1.4. China, India and cities<br />

1.4. Successful pure electric buses vs addressable market<br />

1.5. Chinese price/performance<br />

1.5. Radical change<br />

1.6. Truly global market for similar buses<br />

1.6. Forecast <strong>2015</strong>-<strong>2025</strong> with key orders, technology timelines<br />

1.7. <strong>Electric</strong> bus >8t forecast by powertrain <strong>2015</strong>-<strong>2025</strong>, number, unit value, market value<br />

1.7. Large pure electric buses: first big orders 2014/5<br />

1.8. Weak trend to larger buses but not in China<br />

1.8. Forecast by territory for buses >8t for APAC, NA, Europe, other<br />

1.9. <str<strong>on</strong>g>Market</str<strong>on</strong>g> forecast for electric buses


1.14.4. Review of 2012-2014<br />

1.15. Effect of <strong>2015</strong> oil price collapse <strong>on</strong> electric vehicles<br />

Send An Enquiry : http://www.mrrse.com/enquiry/140<br />

2. INTRODUCTION<br />

2.1. Urban logistics trends<br />

2.2. The move to electric<br />

2.3. Motor technology by type of vehicle<br />

2.3.1. Switched reluctance motors a disruptive tracti<strong>on</strong> motor technology?<br />

2.3.2. Three ways that tracti<strong>on</strong> motor makers race to escape rare earths<br />

2.4. Choice of lithium-i<strong>on</strong> batteries<br />

2.4.1. 142 lithium battery manufacturers: chemistry, format, sales successes<br />

2.5. Global situati<strong>on</strong>: some recent highlights<br />

2.5.1. Australia<br />

2.5.2. China<br />

2.5.3. India<br />

2.5.4. North America<br />

2.6. Europe<br />

2.6.1. UK<br />

2.6.2. Germany<br />

2.6.3. Sweden, Switzerland<br />

2.6.4. ABB intermittent overhead charging<br />

2.6.5. Turkey<br />

2.7. Asia Pacific<br />

2.8. Latin America<br />

2.9. Africa/Middle East<br />

2.10. Number of manufacturers of electric vehicles<br />

2.11. Electrificati<strong>on</strong><br />

2.12. Drivers of change<br />

3. ELECTRIC BUSES IN CHINA<br />

3.1. China automotive industry<br />

3.2. China bus market<br />

3.2.1. China overall bus sales 2012-2014<br />

3.2.2. China Light Bus <str<strong>on</strong>g>Market</str<strong>on</strong>g> 2013<br />

3.2.3. China Medium Bus <str<strong>on</strong>g>Market</str<strong>on</strong>g> in 2013<br />

3.2.4. China Large Bus <str<strong>on</strong>g>Market</str<strong>on</strong>g> 2013<br />

3.3. Move to cleaner vehicles<br />

3.4. <strong>Electric</strong> vehicle sales in China 2011-2014<br />

3.4.1. <strong>Electric</strong> bus policy<br />

3.5. Plug-in EV Sales in 2013<br />

3.6. New Energy Vehicles NEV in 2014<br />

3.7. Leapfrogging technology


3.8. MRRSE assessment of Chinese bus technology<br />

3.8.1. Advanced technology in latest e-buses<br />

3.8.2. Hiccups 3.8.3. China and rare earths<br />

3.9. Chinese fuel cell activity: 35 organisati<strong>on</strong>s profiled<br />

3.10. Chinese bus company and regi<strong>on</strong>al news 2014-5<br />

3.10.1. BYD<br />

3.10.2. BYD bus progress and plans<br />

3.10.3. 5th New Energy Vehicle Exhibiti<strong>on</strong> Beijing Nov 2014<br />

4. SURVEY OF HYBRID BUS MANUFACTURERS<br />

4.1. Overview<br />

4.2. Analysis of hybrid bus manufacturers by locati<strong>on</strong><br />

4.3. 86 hybrid bus manufacturers compared: HQ, bus and e-bus output range, images, examples<br />

and assessment.<br />

5. SURVEY OF PURE ELECTRIC BUS MANUFACTURERS<br />

5.1. Overview<br />

5.2. Analysis of pure electric bus manufacturers by locati<strong>on</strong><br />

5.3. 80 manufacturers of pure electric buses by HQ, bus and e-bus output range, images,<br />

examples and assessment<br />

5.4. Kalsruhe Assessment of E-Buse<br />

About Us<br />

<str<strong>on</strong>g>Market</str<strong>on</strong>g> <str<strong>on</strong>g>Research</str<strong>on</strong>g> <str<strong>on</strong>g>Report</str<strong>on</strong>g>s Search Engine (MRRSE) is an industry-leading database of market<br />

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