Mexico Electric Bus Market (2019-2025) | Analysis, Size, Revenue, Trends, Growth, Forecast, Industry, Outlook, Value & Segmentation
Market Forecast 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 and Western Region) and Competitive Landscape.
| Product Code: ETC000898 | Publication Date: Sep 2021 | Updated Date: May 2023 | Product Type: Report | |
| Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
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
The need to reduce greenhouse gas emissions, government favourable incentives promoting improved air quality, and the rising need to modernize public transportation systems.
High upfront costs of electric buses, inadequate availability of charging infrastructure, and training operators on electric bus technology.
Induction wireless charging of electric vehicles is expected to witness the highest growth over the coming years.
Some significant market players are BASF SE, Sika AG, and GCP Applied Technologies.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
| 1. Executive Summary |
| 2. Introduction |
| 2.1 Report Description |
| 2.2 Key Highlights of The Report |
| 2.3 Market Scope & Segmentation |
| 2.4 Research Methodology |
| 2.5 Assumptions |
| 3. Mexico Electric Bus Market Overview |
| 3.1 Mexico Country Indicators |
| 3.2 Mexico Electric Bus Market Revenues & Volume 2015-2025F |
| 3.3 Mexico Electric Bus Market Revenue Share, By Vehicle Types, 2018 & 2025F |
| 3.4 Mexico Electric Bus Market Revenue Share, By Charging Infrastructure, 2018 & 2025F |
| 3.5 Mexico Electric Bus Market Revenue Share, By End User, 2018 & 2025F |
| 3.6 Mexico Electric Bus Market Revenue Share, By Regions, 2018 & 2025F |
| 3.7 Mexico Electric Bus Market - Industry Life Cycle |
| 3.8 Mexico Electric Bus Market - Porter’s Five Forces |
| 4. Mexico Electric Bus Market Dynamics |
| 4.1 Impact Analysis |
| 4.2 Market Drivers |
| 4.3 Market Restraints |
| 5. Mexico Electric Bus Market Trends |
| 6. Mexico Electric Bus Market Overview, By Vehicle Types |
| 6.1 Mexico Electric Bus Market Revenues & Volume, by Hybrid 2015-2025F |
| 6.2 Mexico Electric Bus Market Revenues & Volume, by Battery 2015-2025F |
| 6.3 Mexico Electric Bus Market Revenues & Volume, by Plug-in Hybrid 2015-2025F |
| 7. Mexico Electric Bus Market Overview, By Charging Infrastructure |
| 7.1 Mexico Electric Bus Market Revenues, By Ground Contact, 2015-2025F |
| 7.2 Mexico Electric Bus Market Revenues, By Roof Pantograph, 2015-2025F |
| 7.3 Mexico Electric Bus Market Revenues, By Gantry Pantograph, 2015-2025F |
| 7.4 Mexico Electric Bus Market Revenues, By Plug Only, 2015-2025F |
| 7.5 Mexico Electric Bus Market Revenues, By Induction, 2015-2025F |
| 8. Mexico Electric Bus Market Overview, By End User |
| 8.1 Mexico Electric Bus Market Revenues & Volume, By Public, 2015-2025F |
| 8.2 Mexico Electric Bus Market Revenues & Volume, By Private, 2015-2025F |
| 9. Mexico Electric Bus Market Overview, By Regions |
| 9.1 Mexico Electric Bus Market Revenues, By Northern Region, 2015-2025F |
| 9.2 Mexico Electric Bus Market Revenues, By Southern Region, 2015-2025F |
| 9.3 Mexico Electric Bus Market Revenues, By Central Region, 2015-2025F |
| 9.4 Mexico Electric Bus Market Revenues, By Eastern Region, 2015-2025F |
| 9.5 Mexico Electric Bus Market Revenues, By Western Region, 2015-2025F |
| 10. Mexico Electric Bus Market - Key Performance Indicators |
| 11. Mexico Electric Bus Market - Opportunity Assessment |
| 11.1 Mexico Electric Bus Market Opportunity Assessment, By Vehicle Types 2025F |
| 11.2 Mexico Electric Bus Market Opportunity Assessment, By Infrastructure 2025F |
| 11.3 Mexico Electric Bus Market Opportunity Assessment, By End User, 2025F |
| 12. Mexico Electric Bus Market Competitive Landscape |
| 12.1 Mexico Electric Bus Market Revenue Share, By Company, 2018 |
| 12.2 Mexico Electric Bus Market Competitive Benchmarking, By Operating & Technical Parameters |
| 13. Company Profiles |
| 14. Key Recommendations |
| 15. Disclaimer |
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