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 />
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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 />
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