Mexico Electric Bus Market (2019-2025) | Analysis, Size, Revenue, Trends, Growth, Forecast, Industry, Outlook, Value & Segmentation

Latest 2023 Developments of the Mexico Electric Bus Market Synopsis

Mexico Electric Bus Market developments include the shift of market players from diesel and petrol buses to electric buses to deal with rising environmental concerns. In January 2020, Mexico added 63 electric trolleybuses to its public transportation fleet under the Trolebici project, which aims to improve transport and commuting infrastructure in Mexico City. In January 2021, Volvo Buses starts testing the 7900 electric buses in Mexico City. The 12-meter-long bus has begun tests on Metrobus Line 4, the BRT transport system of the city.

Mexico Electric Bus Market Synopsis

Developing a transition from traditional fuel-based municipal buses to emission-free transportation would be a major factor driving the demand for Electric buses in the region. Increasing government investment in public transportation would further push the market growth over the coming years. However, the high cost of acquisition would restrain the growth of Mexico electric bus market.

According to 6Wresearch, the Mexico Electric Bus Market size is anticipated to register growth during 2019-2025. In the overall Mexico electric bus market share, Southern regions of Mexico including Mexico City and Guadalajara have accounted for a major share of market revenues in 2018 and are expected to lead throughout the forecast period as well. However, the North and Eastern regions of Mexico including Hermosillo and Monterrey are expected to witness high growth over the coming years on the back of the growing public transportation network in the region.

On the basis of charging infrastructure, the Mexico electric bus market can be broadly categorized into ground contact, roof pantograph, gantry pantograph, plug only and induction. Induction wireless charging of electric vehicles is expected to experience the highest growth over the coming years.

The Mexico Electric Bus market report thoroughly covers the market by vehicle types, charging infrastructure, end users, and regions. The Mexico Electric Bus market outlook report provides an unbiased and detailed analysis of the ongoing Mexico Electric Bus market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Key Highlights of the Report:

• Mexico Electric Bus Market Overview
• Mexico Electric Bus Market Outlook
• Mexico Electric Bus Market Forecast
• Historical Data of Mexico Electric Bus Market Revenues & Volume for the Period 2015-2018
• Mexico Electric Bus Market Size and Forecast of Revenues & Volume, Until 2025
• Historical Data of Mexico Electric Bus Market Revenues & Volume, by vehicle types, for the Period 2015-2018
• Market Size & Forecast of Mexico Electric Bus Market Revenues & Volume, by vehicle types, Until 2025
• Historical Data of Mexico Electric Bus Market Revenues and Volume, By Charging Infrastructure, for the Period 2015-2018
• Market Size & Forecast of Mexico Electric Bus Market Revenues and Volume, By Charging Infrastructure, Until 2025
• Historical Data of Mexico Electric Bus Market Revenues and Volume, By End Users, for the Period 2015-2018
• Market Size & Forecast of Mexico Electric Bus Market Revenues and Volume, By End Users, Until 2025
• Historical Data of Mexico Electric Bus Market Revenues and Volume, By Regions, for the Period 2015-2018
• Market Size & Forecast of Mexico Electric Bus Market Revenues and Volume, By Regions, Until 2025
• Market Drivers and Restraints
• Mexico Electric Bus Market Price Trends
• Mexico Electric Bus Market Trends and Industry Life Cycle
• Porter’s Five Force Analysis
• Market Opportunity Assessment
• Mexico Electric Bus Market Share, By Regions
• Mexico Electric Bus Market Share, By Players
• Mexico Electric Bus Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Markets Covered

The Mexico Electric Bus Market report provides a detailed analysis of the following market segments:

By Vehicle Types:

• Battery Electric Bus (BEB)
• Plug-In Electric Bus (PHEB)
• Hybrid Electric Bus (HEB)

By Charging Infrastructure:

• Ground Contact
• Roof Pantograph
• Gantry Pantograph
• Plug Only
• Induction

By End Users:

• Public
• Private

By Regions:

• Northern Region
• Southern Region
• Central Region
• Eastern Region
• Western Region

Mexico Electric Bus Market: FAQs