United States Electric Bus Charging Station Market 2016-2018 & 2025 - Increasing Demand by Local Transit Agencies Coupled with Government Favourable Funding Schemes
DUBLIN, Jan 11, 2019 /PRNewswire/ --
The "U.S. Electric Bus Charging Station Market by Product - Market Size, Share, Development, Growth, and Demand Forecast, 2016-2025" report has been added to ResearchAndMarkets.com's offering.
The U.S. electric bus charging station market is projected to reach $221.5 million by 2025, the growth of the market is majorly driven by the increasing demand of electric buses by local transit agencies coupled with government favourable funding schemes to develop charging infrastructure in the country.
Local governments with the help of federal and state governments, are integrating electric buses into their municipal or public transit fleets. Such procurement initiatives are expected to drive the U.S. electric bus market which in turn will benefit the electric bus charging station market in the country.
Most of the decisions of purchasing electric buses are made at the federal or state government level. The U.S. government has a strong commitment to increase the share of electric buses in the transportation system of the country. The Federal Transit Administration (FTA), an agency within the U.S. Department of Transportation (DOT), published a notice of funding opportunity (NOFO) announcing a competitive funding under the Low- or No-Emission Grant program. The program funds will offer financial assistance for the purchase or leasing of low- or zero-emission vehicles that incorporate advanced technologies, including related equipment or facilities which are expected to benefit the U.S. electric bus charging station market.
The U.S. had around 70,000 buses in public fleet in 2017. These old conventional fuel-based buses are expected to be replaced by new electric ones during the forecast period. Large fleet of old conventional buses in the country provides considerable opportunity for the electric bus sales in the country. Such procurement and replacement initiatives are expected to drive the U.S. electric bus market which in turn will benefit the electric bus charging station market in the country.
The U.S. electric bus charging station market is still in its nascent phase, with a few players operating within the country. Some of the major players in the market are ABB Ltd., Siemens Mobility GmbH, Proterra Inc., Advanced Vehicle Manufacturing (AVM) Inc., and APT Controls Ltd.
Key Topics Covered:
Chapter 1. Research Background
1.1 Research Objectives
1.2 Market Definition
1.3 Research Scope
1.4 Key Stakeholders
Chapter 2. Research Methodology
2.1 Secondary Research
2.2 Primary Research
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 Product
4.1.1.1 Plug-in charging
4.1.1.2 Pantograph charging
4.1.1.3 Inductive charging
4.1.2 By Connector
4.1.2.1 J1772
4.1.2.2 CCS
4.1.2.3 Others
4.1.3 By Charger
4.1.3.1 Off-board
4.1.3.2 On-board
4.1.4 By Charging
4.1.4.1 Fast charging
4.1.4.2 Slow charging
4.2 Value Chain Analysis
4.2.1 Electric Bus Charging Station Funding Sources in U.S.
4.3 Market Dynamics
4.3.1 Trends
4.3.1.1 Growing emergence of wireless charging systems
4.3.2 Drivers
4.3.2.1 Government schemes and regulations
4.3.2.2 Growing demand for electric buses increases the deployment of electric bus charging stations
4.3.2.2.1 Falling battery costs and improving operational efficiencies
4.3.2.2.2 Increasing replacement sales
4.3.2.3 Impact analysis of drivers on market forecast
4.3.3 Restraints
4.3.3.1 High cost of equipment and installation
4.3.3.2 Lack of standardization
4.3.3.3 Impact analysis of restraints on market forecast
4.3.4 Opportunities
4.3.4.1 Up surging requirement of electric bus charging stations in private establishments
4.4 Porter's Five Forces Analysis
Chapter 5. U.S. Market Size and Forecast
5.1 By Product
5.2 By Connector
5.3 By Charger
5.4 By Charging
Chapter 6. U.S. Electric Bus Market Size and Forecast
6.1 Electric Buses in Service And on-order by State
Chapter 7. Major Electric Bus Deployment Initiative in U.S.
Chapter 8. Policy and Regulatory Landscape for Electric Bus
8.1 Electric Buses
8.1.1 Overview
8.1.2 Incentive Schemes and Programs
8.1.2.1 Alabama
8.1.2.2 California
8.1.2.3 Colorado
8.1.2.4 Maryland
8.1.2.5 Massachusetts
8.1.2.6 Minnesota
8.1.2.7 Missouri
8.1.2.8 Nevada
8.1.2.9 New York
8.1.2.10 Ohio
8.1.2.11 Pennsylvania
8.1.2.12 Rhode Island
8.1.2.13 Texas
8.1.2.14 Utah
8.1.2.15 Virginia
8.1.2.16 Washington
8.2 Electric Charging infrastructure
8.2.1 Overview
8.2.2 Incentive Schemes and Programs
8.2.2.1 Arkansas
8.2.2.2 California
8.2.2.3 Connecticut
8.2.2.4 Delaware
8.2.2.5 District of Columbia
8.2.2.6 Georgia
8.2.2.7 Maryland
8.2.2.8 New York
8.2.2.9 Oklahoma
8.2.2.10 Pennsylvania
8.2.2.11 Rhode Island
8.2.2.12 Virginia
8.2.2.13 Washington
8.3 Electric Bus Projects in the Pipeline
Chapter 9. Competitive Landscape
9.1 Market Share Analysis of Key Players
9.2 Competitive Analysis of Key Players
9.3 Strategic Developments of Key Players
Chapter 10. Company Profiles
- ABB Ltd.
- APT Controls Ltd.
- Heliox B.V.
- Siemens Mobility GmbH
- Proterra Inc.
- Advanced Vehicle Manufacturing Inc.
For more information about this report visit https://www.researchandmarkets.com/research/v4bd73/united_states?w=5
Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.
Media Contact:
Research and Markets
Laura Wood, Senior Manager
[email protected]
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
SOURCE Research and Markets
Share this article