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Europe Electric Bus Market - Competition Forecast & Opportunities, 2027

Europe Electric Bus Market - Competition Forecast & Opportunities, 2027

  • September 2022
  • 82 pages
  • ID: 6317487
  • Format: PDF
  • TechSci Research

Summary

Table of Contents

Europe Electric Bus Market By Propulsion (BEV, HEV, PHEV, FCEV), By Battery Type (Lead Acid and Li-ion), By Battery Capacity (<100 kWh, 100–200 kWh, 201–300 kWh, >300 kWh), By Range (0–150 Miles, 151–250 Miles, 251–500 Miles, >500 Miles), By Seating Capacity (Up to 30, 31-40, 41-50, Above 50), By Length (6-8 m, 8-10m, 10-12 m, Above 12), By Body Type (Customizable Body, Fully Build), By Region, Competition Forecast & Opportunities, 2027

The Europe electric bus market is expected to grow at a steady rate during the forecast period, 2023-2027.Factors such as stringent government policies to reduce carbon emissions and investments to develop commercial and public electric vehicles are driving the demand for Europe electric bus market.

Public transportation is considered a major source of pollution.Governments across Europe are promoting the adoption of electric vehicles in the country to meet the emission target set up by leading authorities.

The advent of hydrogen fuel cell buses is expected to create numerous growth opportunities for the market players during the forecast period.Buses powered by hydrogen fuel cells are environment-friendly vehicles that incorporate fuel cell technology, electric propulsion, and batteries.

Faster refueling and route flexibility are made possible by the electric bus. Electric buses are seen as part of the next generation of green transportation services since they are effective and have longer average lives than traditional vehicles.
Europe electric bus market is segmented into propulsion, battery type, battery capacity, range, seating capacity, length, body type, company, and country.Based on propulsion, the market is divided into BEV, HEV, PHEV, and FCEV.

BEV segment dominates the market and is expected to maintain its dominance over the next five years, 2023-2027.The high-capacity batteries in these buses are used to store electricity inside.

They have a quick charge time and a longer life cycle.Nearly all of the recently registered zero-emission buses in Europe are powered by batteries.

The efforts by the leading authorities to strengthen the public transportation system across the region are expected to influence the market demand in the coming years.
The major market players operating in the Europe electric bus market are Solaris Bus & Coach sp. z o.o., VDL Bus & Coach BV, Ebusco B.V., MAN Truck & Bus SE, AB Volvo, BYD Auto Co., Ltd., Scania AB, IVECO S.p.A., Irizar Group, and Daimler AG.

Years considered for this report:

Historical Years: 2017-2020
Base Year: 2021
Estimated Year: 2022
Forecast Period: 2023–2027

Objective of the Study:

• To analyze the historical growth in the market size of the Europe electric bus market from 2017 to 2021.
• To estimate and forecast the market size of Europe electric bus market from 2022 to 2027 and growth rate until 2027.
• To classify and forecast the Europe electric bus market based on propulsion, battery type, battery capacity, range, seating capacity, length, body type, country and company.
• To identify the dominant region or segment in the Europe electric bus market.
• To identify drivers and challenges for the Europe electric bus market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the Europe electric bus market.
• To identify and analyze the profiles of leading players operating in the Europe electric bus market.
• To identify key sustainable strategies adopted by market players in Europe electric bus market.
The analyst performed both primary as well as exhaustive secondary research for this study.Initially, the analyst sourced a list of manufacturers across the country.

Subsequently, the analyst conducted primary research surveys with the identified companies.While interviewing, the respondents were also enquired about their competitors.

Through this technique, the analyst could include the manufacturers who could not be identified due to the limitations of secondary research. The analyst examined the manufacturers, distribution channels, and presence of all major players across the country.
The analyst calculated the market size of the Europe electric bus market using a top-down approach, wherein data for various end-user segments was recorded and forecast for the future years. The analyst sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these products and applications for getting an appropriate, overall market size.

Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by the analyst.

Key Target Audience:

• Market research and consulting firms
• Government bodies such as regulating authorities and policy makers
• Organizations, forums, and alliances
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as product manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, Europe electric bus market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
• Europe Electric Bus Market, By Propulsion:
o BEV
o HEV
o PHEV
o FCEV
• Europe Electric Bus Market, By Battery Type:
o Lead Acid
o Li-ion
• Europe Electric Bus Market, By Battery Capacity:
o <100 kWh
o 100–200 kWh
o 201–300 kWh
o >300 kWh
• Europe Electric Bus Market, By Range:
o 0–150 Miles
o 151–250 Miles
o 251–500 Miles
o >500 Miles
• Europe Electric Bus Market, By Seating Capacity:
o Up to 30
o 31-40
o 41-50
o Above 50
• Europe Electric Bus Market, By Length:
o 6-8 m
o 8-10m
o 10-12m
o Above 12m
• Europe Electric Bus Market, By Body Type:
o Customizable Body
o Fully Build
• Europe Electric Bus Market, By Country:
o Germany
o Spain
o France
o United Kingdom
o Italy
o Norway
o Netherlands
o Switzerland
o Sweden
o Austria

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Europe electric bus market.

Available Customizations:

With the given market data, we offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

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