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Electric Bus Charging System Market Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2021-2025

Electric Bus Charging System Market Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2021-2025

Published: Dec 2021 120 Pages SKU: IRTNTR71753

Market Overview at a Glance

$23220.96 thousand units
Market Opportunity
31.61%
CAGR
YoY growth 2019-2020(%)

The electric bus charging system market share should rise by 23220.96 th units from 2021 to 2025 at a CAGR of 31.61%.

This electric bus charging system market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentations by product (depot charging system and city and column charging system) and geography (APAC, North America, Europe, South America, and MEA). The electric bus charging system market report also offers information on several market vendors, including ABB Ltd., AEP International BV, ALSTOM SA, Furrer Frey AG, Heliox Group B.V, IRIZAR SOCIEDAD COOPERATIVA, Proterra Inc., Schunk GmbH, Siemens AG, and Volkswagen AG among others.

What will the Electric Bus Charging System Market Size be in 2021?

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Electric Bus Charging System Market: Key Drivers and Trends

The rising popularity of electric buses is notably driving the electric bus charging system market growth, although factors such as high cost and complexity of installing electric bus charging systems may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the electric bus charging system market. The holistic analysis of the drivers will help in predicting end goals and refining marketing strategies to gain a competitive edge.

This electric bus charging system market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Who are the Major Electric Bus Charging System Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • ABB Ltd.
  • AEP International BV
  • ALSTOM SA
  • Furrer Frey AG
  • Heliox Group B.V
  • IRIZAR SOCIEDAD COOPERATIVA
  • Proterra Inc.
  • Schunk GmbH
  • Siemens AG
  • Volkswagen AG

 

The vendor landscape of the electric bus charging system market entails successful business strategies deployed by the vendors. The electric bus charging system market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the electric bus charging system market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Electric Bus Charging System Market?

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48% of the market’s growth will originate from APAC during the forecast period. China is the key market for electric bus charging system market in APAC. 

The report offers an up-to-date analysis of the geographical composition of the market. APAC has been recording significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. Growing adoption of open charging interface will facilitate the electric bus charging system market growth in APAC over the forecast period. The report offers an up-to-date analysis of the geographical composition of the market, competitive intelligence, and regional opportunities in store for vendors.

What are the Revenue-generating Product Segments in the Electric Bus Charging System Market?

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The electric bus charging system market share growth by the depot charging system segment has been significant. This report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2021-2025 and embrace technologies to improve business efficiency.

This report provides an accurate prediction of the contribution of all the segments to the growth of the electric bus charging system market size. Furthermore, our analysts have indicated actionable market insights on post COVID-19 impact on each segment, which is crucial to predict change in consumer demand.

Electric Bus Charging System Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 31.61%

Market growth 2021-2025

23220.96 th units

Market structure

Fragmented

YoY growth (%)

28.11

Regional analysis

APAC, North America, Europe, South America, and MEA

Performing market contribution

APAC at 48%

Key consumer countries

China, US, Germany, France, and The Netherlands

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Companies profiled

ABB Ltd., AEP International BV, ALSTOM SA, Furrer Frey AG, Heliox Group B.V, IRIZAR SOCIEDAD COOPERATIVA, Proterra Inc., Schunk GmbH, Siemens AG, and Volkswagen AG

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Factors Covered in this Electric Bus Charging System Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive electric bus charging system market growth during the next five years
  • Precise estimation of the electric bus charging system market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the electric bus charging system market across APAC, North America, Europe, South America, and MEA 
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of electric bus charging system market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

Table of Contents not available.

Research Methodology

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape

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Frequently Asked Questions

Electric Bus Charging System market growth will increase by 23220.96 thousand units during 2020-2025.

The Electric Bus Charging System market is expected to grow at a CAGR of 31.61% during 2020-2025.

Electric Bus Charging System market is segmented by Product( Depot charging system, City and column charging system) Geographic( APAC, North America, Europe, South America, MEA)

ABB Ltd., AEP International BV, ALSTOM SA, Furrer Frey AG, Heliox Group B.V, IRIZAR SOCIEDAD COOPERATIVA, Proterra Inc., Schunk GmbH, Siemens AG, Volkswagen AG are a few of the key vendors in the Electric Bus Charging System market.

APAC will register the highest growth rate of 47.71% among the other regions. Therefore, the Electric Bus Charging System market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.

China, US, Germany, France, The Netherlands

  • Rising popularity of electric buses is the driving factor this market.

The Electric Bus Charging System market vendors should focus on grabbing business opportunities from the Depot charging system segment as it accounted for the largest market share in the base year.