Market Forecast By Vehicle Type (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 User (Public & Private), By Regions (Western Region, Southern Region, Mid-Western Region, and North Eastern Region) and Competitive Landscape.
|Product Code: ETC000894
|Publication Date: Sep 2021
|Updated Date: Feb 2024
|Product Type: Report
|No. of Pages: 70
|No. of Figures: 35
|No. of Tables: 5
Canada Electric Bus Market developments include the shift of market players from diesel and petrol buses to electric buses to deal with the rising environmental concerns. In July 2019, Brampton, a city in Ontario received more than $11 million toward Phase 1 of a state-of-the-art electric bus pilot project. Around $7.6 million will go towards the deployment of buses and overhead chargers, while $3.6 million will come from Natural Resources Canada’s Green Infrastructure Program to facilitate the city to install, operate and maintain the buses and chargers.
With growing concern for global warming and air pollution across various regions of the globe, the demand for electric buses is surging rapidly. Moreover, increasing government initiatives to reduce air pollution from vehicles along with the development of integrated mobility solutions would propel the demand for electric vehicles in the country. However, the lack of adequate charging infrastructure along with fervent disagreement from pro-Ethanol groups would restrain the market growth.
According to 6Wresearch, Canada Electric Bus Market is anticipated to register growth during 2019-2025. In the overall Canada electric bus market share, Prairie province has captured a major share of the market revenue pie in 2018 and is expected to lead throughout the forecast period. West coast, Alberta, and Grande Prairie are the leading revenue-generating region in Canada's electric bus market. However, Toronto is expected to witness high growth over the coming years.
On the basis of end-user, the Canada electric bus market can be categorized into two segments including the public sector and private sector. Rising investments by the government to adopt and promote emission-free transportation would further push the market demand during the forecast period.
The Canada Electric Bus market report thoroughly covers the market by vehicle types, charging infrastructure, end-users, and regions. The Canada Electric Bus market outlook report provides an unbiased and detailed analysis of the on-going Canada 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.
The Canada electric bus market is the home of four prominent manufacturers and there are the school fleets have been slow the adopt the climate change fighting technology. It's going to support the electric bus companies and the opportunity to cut carbon pollution such as Vancouver’s GreenPower, and Quebec’s Lion Electric make the stronger market for them at home.
Canada is making few electric buses on the roads, fully electric buses used by a number of people in China and Shenzhen. There are a lot of signs of the leadership is going to transit the authorities in BC and Montreal is going to be committed to providing zero-emission transit in the upcoming years. Many electric buses made in China are sold in California. The electric buses have many advantages which going to sign the fuel is the health cost saving the offset is higher and there have upfront costs but it is quickly falling. In the upcoming years, the electric bus is going to expect is going to have the same sticker price is one of the types of diesel. It saves fuel hundreds of thousands per bus.
The buses have had their lifespans for many decades. There are forced the buy diesel buses which is an advanced technology in the upcoming years. It is a timely manner Translink and plans for the electrified bus. In the past years, the government of Canada is going to sign the zero pledge to international drive is going to support zero-emission commercial vehicles such as trucks and buses. Currently, the report analyses and makes the competitive of the fuel savings. The amount is going down day by day and prices fall. Cutting off pollution is done by the electric buses making use of it. This will help in saving money and create healthier communities it is to catch the electric bus in Canada.
Canada electric bus market is projected to grow in the upcoming six years on the back of the exponential growth of the automotive industry. Additionally, the rise of diesel bus replacements with electrical buses owing to the elimination of the use of oils and fuels would spur market growth in the coming years. Further, a rise in government initiatives by providing subsidies in the transportation sector is expected to stimulate public travel from buses which is expected to raise the adoption rate for electrical buses and would instigate the potential growth of the Canada electric bus market during the forecast period.
The Canada 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. Canada Electric Bus Market Overview
|3.1 Canada Country Indicators
|3.2 Canada Electric Bus Market Revenues & Volume 2015-2025F
|3.3 Canada Electric Bus Market Revenue Share, By Vehicle Types, 2018 & 2025F
|3.4 Canada Electric Bus Market Revenue Share, By Charging Infrastructure, 2018 & 2025F
|3.5 Canada Electric Bus Market Revenue Share, By End User, 2018 & 2025F
|3.6 Canada Electric Bus Market Revenue Share, By Regions, 2018 & 2025F
|3.7 Canada Electric Bus Market - Industry Life Cycle
|3.8 Canada Electric Bus Market - Porter’s Five Forces
|4. Canada Electric Bus Market Dynamics
|4.1 Impact Analysis
|4.2 Market Drivers
|4.3 Market Restraints
|5. Canada Electric Bus Market Trends
|6. Canada Electric Bus Market Overview, By Vehicle Types
|6.1 Canada Electric Bus Market Revenues & Volume, by Hybrid 2015-2025F
|6.2 Canada Electric Bus Market Revenues & Volume, by Battery 2015-2025F
|6.3 Canada Electric Bus Market Revenues & Volume, by Plug-in Hybrid 2015-2025F
|7. Canada Electric Bus Market Overview, By Charging Infrastructure
|7.1 Canada Electric Bus Market Revenues, By Ground Contact, 2015-2025F
|7.2 Canada Electric Bus Market Revenues, By Roof Pantograph, 2015-2025F
|7.3 Canada Electric Bus Market Revenues, By Gantry Pantograph, 2015-2025F
|7.4 Canada Electric Bus Market Revenues, By Plug Only, 2015-2025F
|7.5 Canada Electric Bus Market Revenues, By Induction, 2015-2025F
|8. Canada Electric Bus Market Overview, By End User
|8.1 Canada Electric Bus Market Revenues & Volume, By Public, 2015-2025F
|8.2 Canada Electric Bus Market Revenues & Volume, By Private, 2015-2025F
|9. Canada Electric Bus Market Overview, By Regions
|9.1 Canada Electric Bus Market Revenues, By Atlantic Region, 2015-2025F
|9.2 Canada Electric Bus Market Revenues, By Central Region, 2015-2025F
|9.3 Canada Electric Bus Market Revenues, By Prairie Provinces Region, 2015-2025F
|9.4 Canada Electric Bus Market Revenues, By West Coast Region, 2015-2025F
|9.4 Canada Electric Bus Market Revenues, By Northern Region, 2015-2025F
|10. Canada Electric Bus Market - Key Performance Indicators
|11. Canada Electric Bus Market - Opportunity Assessment
|11.1 Canada Electric Bus Market Opportunity Assessment, By Vehicle Types 2025F
|11.2 Canada Electric Bus Market Opportunity Assessment, By Infrastructure 2025F
|11.3 Canada Electric Bus Market Opportunity Assessment, By End User, 2025F
|12. Canada Electric Bus Market Competitive Landscape
|12.1 Canada Electric Bus Market Revenue Share, By Company, 2018
|12.2 Canada Electric Bus Market Competitive Benchmarking, By Operating & Technical Parameters
|13. Company Profiles
|14. Key Recommendations