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 (Western Region, Southern Region, Mid-Western Region, and North Eastern Region) and Competitive Landscape
Product Code: ETC000901 | 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 | |
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.
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.
The United States Electric Bus Market report provides a detailed analysis of the following market segments:
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. United States Electric Bus Market Overview |
3.1 United States Country Indicators |
3.2 United States Electric Bus Market Revenues & Volume 2015-2025F |
3.3 United States Electric Bus Market Revenue Share, By Vehicle Types, 2018 & 2025F |
3.4 United States Electric Bus Market Revenue Share, By Charging Infrastructure, 2018 & 2025F |
3.5 United States Electric Bus Market Revenue Share, By End User, 2018 & 2025F |
3.6 United States Electric Bus Market Revenue Share, By Regions, 2018 & 2025F |
3.7 United States Electric Bus Market - Industry Life Cycle |
3.8 United States Electric Bus Market - Porter’s Five Forces |
4. United States Electric Bus Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5. United States Electric Bus Market Trends |
6. The United States Electric Bus Market Overview, By Vehicle Types |
6.1 United States Electric Bus Market Revenues & Volume, by Hybrid 2015-2025F |
6.2 United States Electric Bus Market Revenues & Volume, by Battery 2015-2025F |
6.3 United States Electric Bus Market Revenues & Volume, by Plug-in Hybrid 2015-2025F |
7. The United States Electric Bus Market Overview, By Charging Infrastructure |
7.1 United States Electric Bus Market Revenues, By Ground Contact, 2015-2025F |
7.2 United States Electric Bus Market Revenues, By Roof Pantograph, 2015-2025F |
7.3 United States Electric Bus Market Revenues, By Gantry Pantograph, 2015-2025F |
7.4 United States Electric Bus Market Revenues, By Plug Only, 2015-2025F |
7.5 United States Electric Bus Market Revenues, By Induction, 2015-2025F |
8. The United States Electric Bus Market Overview, By End User |
8.1 United States Electric Bus Market Revenues & Volume, By Public, 2015-2025F |
8.2 United States Electric Bus Market Revenues & Volume, By Private, 2015-2025F |
9. The United States Electric Bus Market Overview, By Regions |
9.1 United States Electric Bus Market Revenues, By Mid-Western Region, 2015-2025F |
9.2 United States Electric Bus Market Revenues, By Southern Region, 2015-2025F |
9.3 United States Electric Bus Market Revenues, By North-Eastern Region, 2015-2025F |
9.4 United States Electric Bus Market Revenues, By Western Region, 2015-2025F |
10. United States Electric Bus Market - Key Performance Indicators |
11. The United States Electric Bus Market - Opportunity Assessment |
11.1 United States Electric Bus Market Opportunity Assessment, By Vehicle Types 2025F |
11.2 United States Electric Bus Market Opportunity Assessment, By Infrastructure 2025F |
11.3 United States Electric Bus Market Opportunity Assessment, By End User, 2025F |
12. United States Electric Bus Market Competitive Landscape |
12.1 United States Electric Bus Market Revenue Share, By Company, 2018 |
12.2 United States Electric Bus Market Competitive Benchmarking, By Operating & Technical Parameters |
13. Company Profiles |
14. Key Recommendations |
15. Disclaimer |