Global Electric Bus Charging Infrastructure Market Overview:
The term "electric bus" refers to a vehicle that runs on electricity rather than gasoline, diesel, or gasoline. An electric bus, unlike a hybrid vehicle that uses a combination of battery power and an internal combustion engine, runs purely on electricity. As a result, electric vehicles are sometimes referred to as "all-electric vehicles" to underline that they run entirely on electricity. While establishing an ecosystem of electric buses in the global community, efficient charging infrastructure is a must. Unlike cars and bike charging stations, electric bus charging infrastructure is built in business buildings. Large battery capacity and high charger output ratings ranging from 50 kWh to over 400 kWh are essential features of EV bus charging stations.
|Unit||Value (USD Million)|
|Key Companies Profiled||ABB (Switzerland), Proterra (United States), ChargePoint Holdings, Inc. (United States), Siemens AG (Germany), BYD Auto Co. Ltd (China), JEMA Energy S.A. (Spain), Qingdao TGOOD Electric (China), Heliox B.V. (Netherlands), Potevio Co. Ltd. (China) and Ekoenergetyka-Polska Sp. z o.o. (Poland)|
|Customization Scope||Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility|
- Growing Number of Electric Buses and E-mobility Services
- Increase in Regulations for Vehicle Emission
- High Cost of Operations and Grid Infrastructure
- Lack of Standardization of Current Electric Bus Charging Infrastructure
- Growing Government Aspiration for Major Transit Electrification
- Stringent Rules for Installation of Electric Bus Charging Stations
The demand for electric bus charging infrastructure is increasing with each passing day. The businesses in this industry facing major competition with leading players of the market that includes ABB, Proterra, ChargePoint Holdings, Inc, Siemens AG and others. Many international as well as regional providers are also participants in the industry and directly compete with leaders. It has been identified that market leading players are investing heavily in growth strategies such as technological development, resource utilization to enhance their market position. The market leaders such as ABB, Proterra, ChargePoint Holdings, Inc, Siemens AG demonstrate a market-defining vision of how electric bus charging infrastructure can help top-line business executives achieve their business objectives. Leaders have the ability to execute against that vision through both products and services. They have demonstrated solid business results in the form of revenue and earnings.
Some of the key players profiled in the report are ABB (Switzerland), Proterra (United States), ChargePoint Holdings, Inc. (United States), Siemens AG (Germany), BYD Auto Co. Ltd (China), JEMA Energy S.A. (Spain), Qingdao TGOOD Electric (China), Heliox B.V. (Netherlands), Potevio Co. Ltd. (China) and Ekoenergetyka-Polska Sp. z o.o. (Poland). Additionally, following companies can also be profiled that are part of our coverage like Star Charge (China) and Schunk Carbon Technology (Germany). Analyst at AMA Research see China Manufacturers to retain maximum share of Global Electric Bus Charging Infrastructure market by 2027. Considering Market by Installation Type, the sub-segment i.e. Fixed will boost the Electric Bus Charging Infrastructure market. Considering Market by Charging Type, the sub-segment i.e. Off-board Top-down Pantograph will boost the Electric Bus Charging Infrastructure market. Considering Market by Power Capacity, the sub-segment i.e. >450 kW will boost the Electric Bus Charging Infrastructure market.
Latest Market Insights:
In August 2021 ChargePoint Holdings, Inc. had announced the acquisition of ViriCiti. ViriCiti will expand the ChargePoint fleet solution offering of hardware, software, and services by combining data sources to improve electric fleet operations, such as battery management, charging station monitoring, OEM-agnostic telemetry, vehicle maintenance, and vehicle operations data. Fleets will be able to choose which routes to electrify, track and report on uptime, optimise fuelling to maintain operational readiness at a low cost, and integrate vehicle and charging station management with the unified solution.
In April 2022 Siemens AG had announced the launch of charging infrastructure for GoRaleigh and the Charlotte Area Transit System (CATS). Siemens eMobility manufactured and deployed chargers to local transport agencies to enable the introduction of new electric buses into their fleets. To assist electrify the city's transit buses, Siemens teamed together with GoRaleigh and Proterra. Three DC plug-in quick chargers and six dispensers were manufactured and installed at the GoRaleigh transit hub facility as part of the project.
What Can be Explored with the Electric Bus Charging Infrastructure Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Electric Bus Charging Infrastructure Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Electric Bus Charging Infrastructure
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Electric Bus Charging Infrastructure market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Electric Bus Charging Infrastructure market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Venture and Capitalist, New entrants/investors, Analysts and Strategic Business Partners, Government & Regulatory Bodies, Corporate Entities, End-use industries and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.
Frequently Asked Questions (FAQ):1. What is the growth rate predicted for the Global Electric Bus Charging Infrastructure Market?
The Electric Bus Charging Infrastructure market is expected to see a CAGR of % during projected year 2021 to 2027.
2. Who are the top performing companies in Electric Bus Charging Infrastructure Market?
Top performing companies in the Global Electric Bus Charging Infrastructure market are ABB (Switzerland), Proterra (United States), ChargePoint Holdings, Inc. (United States), Siemens AG (Germany), BYD Auto Co. Ltd (China), JEMA Energy S.A. (Spain), Qingdao TGOOD Electric (China), Heliox B.V. (Netherlands), Potevio Co. Ltd. (China) and Ekoenergetyka-Polska Sp. z o.o. (Poland), to name a few.
3. What trending factors would impact Electric Bus Charging Infrastructure Market growth most?
"Rising Prevalence of Ultra-Fast Charging Stations
" is seen as one of major influencing trends for Electric Bus Charging Infrastructure Market during projected period 2021-2027.