Global Electric Bus Charging Station Market Outlook, 2019 to 2025 - Increasing Adoption of Electric Buses in the Public Fleet Drives the Industry (9.7% CAGR)

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Jul 24, 2019, 16:45 ET

DUBLIN, July 24, 2019 /PRNewswire/ -- The "Electric Bus Charging Station Market Research Report: By Type, Power, Charger, Geographical Insight - Global Industry Analysis and Growth Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.

The electric bus charging station market is predicted to attain a size of $12.3 billion by 2025, progressing at a 9.7% CAGR during the forecast period.

Increasing government initiatives and regulations, rapid adoption of electric buses in the public feet, and several investments being made for the development of e-bus charging stations are some of the key factors behind the growth of the market. Currently, the market is at the early stage of advancements, and it significantly depends on government funding and other beneficial schemes.

Based on type, the electric bus charging station market is categorized into opportunity, depot, and inductive charging. Out of these, in 2018, depot charging led the market in terms of sales volume. This is attributed to the increasing inclination of private and public transport agencies toward overnight-charging buses, as their operational features are quite similar to those of diesel buses. Further, on the basis of charger, the market is bifurcated into on-board and off-board.

Of these, in 2018, on-board chargers dominated the electric bus charging station market in terms of sales volume. However, the off-board charger bifurcation is predicted to exhibit faster growth during the forecast period. The main reason behind the steady progress of off-board chargers would be that these allow manufacturers to control the weight of the bus and provide speedy charging at higher power levels. Governments of various countries are initiating several incentive programs, such as grants, tax rebates, and subsidies, in order to develop the electric bus infrastructure.

In the government sector, buses are used for public transport, military and other purposes. Countries around the globe are committed to raising the share of electric buses in the transportation system. Local governments of various nations are integrating electric vehicles (EV) in their public or municipal transit fleets. For instance, the city of Columbus is planning to integrate 200 EVs for its municipal fleet and install charging stations during the forecast period.

Further, the increasing demand for ultra-fast charging stations is one of the key trends being witnessed in the electric bus charging station market. Ultra-fast charging systems are gaining popularity among charging station infrastructure providers and bus manufacturers, as these systems help in controlling the bus weight and decreasing the charging time. These charging systems allow the power to be transmitted to the load from the supply in a cordless method, and these can also be charged flexibly in both dynamic and static ways. For instance, in May 2018, Proterra launched a new high-power, ultra-fast charging system, which is more scalable, reliable, flexible, and powerful.

Market Dynamics

Trends

Increasing Preference Toward Deport Charging System Over Opportunity Charging System
Growing Demand for Ultra-Fast Charging Station

Drivers

Government Initiatives & Regulations
Increasing Adoption of Electric Buses in Public Fleet
Mounting Investment Toward Development of Electric Bus Charging Station

Restraints

Lack of Standardization
High Cost of Equipment & Installation

Opportunities

Up Surging Requirement of Electric Bus Charging Stations in Private Establishments
Increasing Adoption of Electric Buses in Developing Economies

Key Topics Covered

Chapter 1. Research Background
1.1 Research Objectives
1.2 Market Definition
1.3 Research Scope
1.3.1 Market Segmentation by Type
1.3.2 Market Segmentation by Power
1.3.3 Market Segmentation by Charger
1.3.4 Market Segmentation by Region
1.3.5 Analysis Period
1.3.6 Market Data Reporting Unit
1.3.6.1 Volume
1.3.6.2 Value
1.4 Key Stakeholders

Chapter 2. Research Methodology
2.1 Secondary Research
2.2 Primary Research
2.2.1 Breakdown of Primary Research Respondents
2.2.1.1 By industry participant
2.2.1.2 By region
2.2.1.3 By company type
2.3 Market Size Estimation
2.4 Data Triangulation
2.5 Assumptions for the Study

Chapter 3. Executive Summary

Chapter 4. Introduction
4.1 Definition of Market Segments
4.1.1 By Type
4.1.1.1 Depot charging
4.1.1.2 Opportunity charging
4.1.1.3 Inductive charging
4.1.2 By Power
4.1.2.1 <_0 />4.1.2.2 50-150 kW
4.1.2.3 151-450 kW
4.1.2.4 >450 kW
4.1.3 By Charger
4.1.3.1 On-board
4.1.3.2 Off-board
4.2 Value Chain Analysis
4.3 Market Dynamics
4.4 Porter's Five Forces Analysis
4.4.1 Bargaining Power of Buyers
4.4.2 Bargaining Power of Suppliers
4.4.3 Threat of New Entrants
4.4.4 Intensity of Rivalry
4.4.5 Threat of Substitutes

Chapter 5. Charging Business Model
5.1 Business Model
5.1.1 Infrastructure
5.1.2 Offerings
5.1.3 Customers
5.2 Quantitative and Qualitative Analysis

Chapter 6. Potential Strategies for Charging Electric buses
6.1 Overview
6.2 Strategies for Charging Electric Bus
6.3 Cost Structure Analysis of Different Types of Charging Station
6.3.1 Plug-In Charging Station Cost Structure
6.3.2 Pantograph Charging Station Cost Structure
6.3.3 Inductive Charging Station Cost Structure
6.3.4 Installation Cost Structure
6.4 Government Initiatives toward Electric Bus Charging Infrastructure
6.4.1 Europe
6.4.1.1 Germany
6.4.1.2 Netherlands
6.4.1.3 U.K.
6.4.1.4 Austria
6.4.1.5 Belgium
6.4.1.6 Spain
6.4.1.7 France
6.4.2 North America
6.4.2.1 Overview
6.4.2.2 Incentive schemes and programs
6.4.2.2.1 Arkansas
6.4.2.2.2 California
6.4.2.2.3 Connecticut
6.4.2.2.4 Delaware
6.4.2.2.5 District of Columbia
6.4.2.2.6 Georgia
6.4.2.2.7 Maryland
6.4.2.2.8 New York
6.4.2.2.9 Oklahoma
6.4.2.2.10 Pennsylvania
6.4.2.2.11 Rhode Island
6.4.2.2.12 Virginia
6.4.2.2.13 Washington
6.4.3 APAC
6.4.3.1 China
6.4.3.2 India
6.5 Government Regulations Toward Electric Bus Charging Infrastructure
6.5.1 Europe
6.5.1.1 Germany
6.5.1.2 U.K.
6.5.1.3 Austria
6.5.1.4 Italy
6.5.2 North America
6.5.2.1 U.S.
6.5.3 APAC
6.5.3.1 China
6.5.3.2 India

Chapter 7. Global Market Size and Forecast
7.1 By Type
7.2 By Power
7.3 By Charger
7.4 By Geography

Chapter 8. North America Market Size and Forecast

Chapter 9. Europe Market Size and Forecast

Chapter 10. APAC Market Size and Forecast

Chapter 11. RoW Market Size and Forecast

Chapter 12. Competitive Landscape
12.1 Competitive Benchmarking of Key Players
12.2 Product Benchmarking of OEMs
12.3 Strategic Developments of Key Players
12.3.1 Product Launches
12.3.2 Partnerships
12.3.3 Client Wins
12.3.4 Other Developments

Chapter 13. Company Profiles
13.1 Ekoenergetyka-Polska Sp. z o.o.
13.1.1 Business Overview
13.1.2 Product & Service Offerings
13.2 Proterra Inc.
13.3 Heliox B.V.
13.4 ABB Ltd.
13.5 Siemens AG
13.6 JEMA Energy S.A.
13.7 Powerdale N.V.
13.8 Schunk Carbon Technology
13.9 Bombardier Inc.
13.10 Advanced Vehicle Manufacturing Inc.
13.11 China Southern Power Grid Company Limited
13.12 State Grid Corporation of China
13.13 Qingdao TGOOD Electric Company Limited
13.14 China Potevio Company Limited

For more information about this report visit https://www.researchandmarkets.com/r/xdiaz3

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