Market Forecast By Vehicle Types (Plug-In Electric Bus, Hybrid Electric Bus & Battery Electric Bus), By End Users (Public & Private), By Charging Infrastructure (Ground Contact, Roof Pantograph, Gantry Pantograph, Plug Only & Induction), By Regions (Australian Capital Territory, New South Wales, Northern Territory, Queensland, South Australia, Tasmania, Victoria, and Western Australia) and Competitive Landscape.
|Product Code: ETC000907||Publication Date: Mar 2023||Product Type: Report|
|Publisher: 6Wresearch||No. of Pages: 70||No. of Figures: 35||No. of Tables: 5|
Australia Electric Bus Market is projected to grow in the forthcoming years owing to various growth factors. Apart from this, the market has undergone various new developments. For instance, Transport for NSW announced plans to trial two electric buses on the Bondi to Bronte bus route in Sydney. The market is being driven by the government initiatives such as tax credits, subsidies, and grants to promote the adoption of electric buses in the country. This has further encouraged the growth of the electric bus market in Australia. With the increasing awareness of environmental issues, many people are looking for environmentally friendly transportation options. Due to this, electric buses are a suitable mode of eco-friendly transportation that offers a clean and emission-free alternative to traditional diesel buses.
The technology behind electric buses is steadily growing which leads to longer battery life and increased range. These advancements are making electric buses more practical and efficient, further driving the growth of the Australia Electric Bus Industry. Moreover, the increasing demand for public transportation backed by urbanization is further fuelling the demand for electric buses. Many corporations are committed to reducing their carbon footprint and promoting sustainability. They are investing in electric buses as part of their corporate social responsibility initiatives.
Australia Electric Bus Market report thoroughly covers the market by vehicle types, end-users, charging infrastructure, and regions. The Australia Electric Bus Market outlook report provides an unbiased and detailed analysis of the ongoing Australia 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.
Australia Electric Bus Market is expected to observe high demand in the upcoming six years owing to the country’s belief in the Electric bus as an efficient and environmentally friendly vehicle. Moreover, the reduced initial cost of the vehicle coupled with low maintenance costs is further anticipated to drive market growth in the coming years.
According to 6Wresearch, the Australia Electric Bus Market size is expected to register growth during 2019-2025. Increased economic development, reductions in fuel consumption, and reduced noise pollution are the further advancements that are anticipated to drive the demand for electric buses in the upcoming years.
Moreover, the country has been observed as a tourist hub with diversified tourist spots. An increase in tourist visits would further propel the demand for the use of public transport which would assist the market growth of electric buses in the public end-user segment during the conjecture period.
In the Australia Electric Bus market, the report has been a reference to the document for the industry. The major developments that take place in the electric bus market are “Electric Buses” is going to interpret the dramatic development in the second edition. According to the research report, the electric bus market the promoting diesel buses, and there are rapidly losing their share of the primary industry. There are two Chinese robot shuttles and buses that are parked sideways- there is a pure electric course. There is the four-wheel vectored traction and has been conference reported of nearly half of the electric bus market of some buses employs gantry charging. The gantry charging leads to the batteries of a quarter of the size and costs revealed. The successful sales of Chinese robots new edition majors development take place such as Solaris, in-wheel motors and Chinese robot shuttles, value-engineered, gaining market share by selling of latest technology of the electric bus market in Australia.
There is some new edition of the traditional motor in the market and there are also available other parts from suppliers. According to the report of the new global interviews, the study is to analyze the changing situation. Australia electric bus market is projected to witness progressive growth during the forecast period 2020-26F backed by the growth of the transport sector. Additionally, the rising demand for emission-efficient vehicles in the market is expected to reduce GHG levels resulting in less environmental pollution, and is expected to increase the major demand for electric buses and would spur market growth in the coming years. Further, the deployment of electric buses is cheaper than diesel buses owing to declining per-kilometre mobility costs and is expected to leave a positive impact on the potential growth of the Australia electric bus market throughout the forecast period.
On the basis of vehicle type, the Hybrid Electric Bus is acquiring the largest share and is expected to dominate the market during the upcoming years as well, as it conserves energy while decelerating.
Some of the key players operating in the Australia Electric Bus Market are:
The Australia Electric Bus Market report provides a detailed analysis of the following market segments:
|1. Executive Summary|
|2.1 Report Description|
|2.2 Key Highlights of The Report|
|2.3 Market Scope & Segmentation|
|2.4 Research Methodology|
|3. Australia Electric Bus Market Overview|
|3.1 Australia Country Indicators|
|3.2 Australia Electric Bus Market Revenues & Volume 2015-2025F|
|3.3 Australia Electric Bus Market Revenue Share, By Vehicle Types, 2018 & 2025F|
|3.4 Australia Electric Bus Market Revenue Share, By Charging Infrastructure, 2018 & 2025F|
|3.5 Australia Electric Bus Market Revenue Share, By End User, 2018 & 2025F|
|3.6 Australia Electric Bus Market Revenue Share, By Regions, 2018 & 2025F|
|3.7 Australia Electric Bus Market - Industry Life Cycle|
|3.8 Australia Electric Bus Market - Porter’s Five Forces|
|4. Australia Electric Bus Market Dynamics|
|4.1 Impact Analysis|
|4.2 Market Drivers|
|4.3 Market Restraints|
|5. Australia Electric Bus Market Trends|
|6. Australia Electric Bus Market Overview, By Vehicle Types|
|6.1 Australia Electric Bus Market Revenues & Volume, by Hybrid 2015-2025F|
|6.2 Australia Electric Bus Market Revenues & Volume, by Battery 2015-2025F|
|6.3 Australia Electric Bus Market Revenues & Volume, by Plug-in Hybrid 2015-2025F|
|7. Australia Electric Bus Market Overview, By Charging Infrastructure|
|7.1 Australia Electric Bus Market Revenues, By Ground Contact, 2015-2025F|
|7.2 Australia Electric Bus Market Revenues, By Roof Pantograph, 2015-2025F|
|7.3 Australia Electric Bus Market Revenues, By Gantry Pantograph, 2015-2025F|
|7.4 Australia Electric Bus Market Revenues, By Plug Only, 2015-2025F|
|7.5 Australia Electric Bus Market Revenues, By Induction, 2015-2025F|
|8. Australia Electric Bus Market Overview, By End User|
|8.1 Australia Electric Bus Market Revenues & Volume, By Public, 2015-2025F|
|8.2 Australia Electric Bus Market Revenues & Volume, By Private, 2015-2025F|
|9. Australia Electric Bus Market Overview, By Regions|
|9.1 Australian Capital Territory Electric Bus Market Revenues, 2015-2025F|
|9.2 New South Wales Electric Bus Market Revenues, 2015-2025F|
|9.3 Northern Territory Electric Bus Market Revenues, 2015-2025F|
|9.4 Queensland Electric Bus Market Revenues, 2015-2025F|
|9.5 Tasmania Electric Bus Market Revenues, 2015-2025F|
|9.6 Victoria Electric Bus Market Revenues, 2015-2025F|
|9.7 Western Australia Electric Bus Market Revenues, 2015-2025F|
|9.8 South Australia Electric Bus Market Revenues, 2015-2025F|
|10. Australia Electric Bus Market - Key Performance Indicators|
|11. Australia Electric Bus Market - Opportunity Assessment|
|11.1 Australia Electric Bus Market Opportunity Assessment, By Vehicle Types 2025F|
|11.2 Australia Electric Bus Market Opportunity Assessment, By Infrastructure 2025F|
|11.3 Australia Electric Bus Market Opportunity Assessment, By End User, 2025F|
|12. Australia Electric Bus Market Competitive Landscape|
|12.1 Australia Electric Bus Market Revenue Share, By Company, 2018|
|12.2 Australia Electric Bus Market Competitive Benchmarking, By Operating & Technical Parameters|
|13. Company Profiles|
|14. Key Recommendations|