Italian Electric Bus Charging Station Market Analysis, Size, Share and Forecast

A fund of $4,371.6 million was allocated by the Italian government to convert the bus fleet in
its major urban and semi-urban pockets to those running on new energy, such as electricity.
The investment for the period between 2019 and 2033 has been provided considering the
strong need to reduce the emission of greenhouse gases (GHG) and other toxic gases from
vehicles, as they are the primary culprit in the quickly degrading air quality in the country.
Additionally, the national government submitted a proposal on an integrated energy and
climate plan to the European Union in 2018, which puts a special emphasis on low- or noemission
transport.
With such policies and other financial incentives, the sale of electric buses will increase
substantially in the country. Moreover, even the local administrations of Milan, Cagliari,
Turin, and other cities in the nation have set targets for converting their public transport
system to one which is driven by clean energy. With the rising sale of electric buses, the
Italian electric bus charging station market is expected to witness a robust increase in its
size, from $12.3 million in 2018, to $44.8 million by 2025, at a 20.3% CAGR between 2019
and 2025. Also known as the electric vehicle supply equipment (EVSE), such systems are
required to charge the batteries of electric buses.
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There are majorly two types of EVSE being deployed for buses in the country: overnight and
opportunity. Of them, overnight charging stations are more popular in the Italian electric bus
charging station market, as the buses which are charged by such systems are similar in
operation to diesel buses, which every public and mass-transit company in Italy is familiar
with. However, in recent times, the popularity of opportunity charging stations has risen,
because the buses which use these stations have a smaller battery than those requiring
overnight charging. With a smaller battery, the bus can not only be made lighter, but costeffective
too.
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Thus, with the increasing procurement of electric buses in Italy, driven by government
subsidies and emission-reduction policies, the installation rate of EVSE will continue
accelerating in the coming years.
COMMERCIAL ELECTRIC VEHICLE MARKET, BY GEOGRAPHY
Market Segmentation by Type
Overnight Charger
Opportunity Charger
Market Segmentation by Power
<22 kW
22–50 kW