United States Electric Bus Market (2019-2025) | Size, Share, Growth, Analysis, Forecast, Trends, Value, Outlook & COVID-19 IMPACT

Latest 2023 Developments of the United States Electric Bus Market

The United States Electric Bus Market developments include the shift of market players towards electric buses due to increasing awareness about green vehicles to reduce the level of greenhouse gases. Commercial vehicle manufacturers company, Arrival, chose the city of Anaheim, California for producing electric buses in July 2021. The Federal Transportation Administration (FTA) provided funds to 50 state and local governments to incorporate electric vehicles in their public transportation fleet. This funding was a part of the State of Good Repair Program and Congestion Mitigation and Air Quality Improvement Program and Low or No Emission Grant Program of the Department of Transportation.

United States Electric Bus Market Synopsis

Rising investment by the government and companies in the transportation sector would be a key factor driving the demand for the Electric Bus market in the United States region. Moreover, low total ownership and maintenance costs of electric vehicles due to lower per-kilometre bus operating costs as compared to diesel would positively influence the market growth. However, the high acquisition cost of electric vehicles would restrain market growth over the coming years.

According to 6Wresearch, the United States Electric Bus market size is anticipated to register growth during 2019-25. The electric bus market has witnessed an increase in acceptance in the country owing to the reduction in vehicle charging time and the establishment of charging infrastructure in the country. Moreover, the government has announced subsidies and tax rebates for the purchase of electric vehicles in the country which would further propel the demand for electric buses in the United States.

On the basis of charging infrastructure, the US electric bus market is broadly categorized into ground contact, roof pantograph, gantry pantograph, plug only, and induction. Plug-in Segment has captured the majority of the market share owing to its simpler infrastructure cost. However, for daytime charging, pantographs are expected to witness growth over the coming years.

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

The United States electric bus market is estimated to register sound revenues in the upcoming six years backed by the growth of the automotive industry. Moreover, rising technological up-gradation coupled with the increasing momentum of routes in a limited time frame due to a well-functioning accelerator use in electric buses is leading to generating significant demand for electric buses in the market. Further, a reduction in charging time coupled with high numbers of charging stations which tends to save precious time backed by rising passenger numbers for electrical buses is expected to propel the significant demand for electric buses and would boost the substantial growth of the United States electric bus market in the coming timeframe.

Key Highlights of the Report:

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

Markets Covered

The United States 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:

• Western Region
• Southern Region
• Mid-Western Region
• North Eastern Region

Frequently Asked Questions About the Market Study (FAQs):