In every region, electrification appears as a clear alternative to increase urban growth and to care for the city environment simultaneously, using electric buses. With the right charging technology, the advantages of electric buses can be used, such as the use of renewable energy, less energy consumption, less noise, lower particle emissions, reliable service, and others. The severe emission standards across the globe are expected to drive more electric bus sales during the forecast period. Hence, in order to meet the rising demand for electric buses, the manufacturers are highly focused in investing on extending their production capacity; also, various regions across the world are highly involved in investing on the infrastructure of the electric buses.
MARKET SCOPE
The "Global Electric bus charging infrastructure Market Analysis to 2028" is a specialized and in-depth study of the automotive and transportation industry with a special focus on the global market trend analysis. The report aims to provide an overview of the electric bus charging infrastructure market with detailed market segmentation by product type, technology, charging type, and geography. The report provides key statistics on the market status of the leading electric bus charging infrastructure market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
? The global electric bus charging infrastructure market is segmented on the basis of product type, technology, charging type.
? On the basis of product type the market is segmented as plug-in charging, pantograph charging and inductive charging.
? On the basis of technology the market is segmented as on-board charger and off-board charger.
? On the basis of charging type the market is segmented as fast charging and slow charging.
MARKET DYNAMICS
Drivers:
? Low charging costs.
Restraints:
? High Initial Cost for Fast chargers.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The electric bus charging infrastructure market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Electric bus charging infrastructure market in these regions.
IMPACT OF COVID-19 ON ELECTRIC BUS CHARGING INFRASTRUCTURE MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the electric bus charging infrastructure market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Electric bus charging infrastructure market market are anticipated to lucrative growth opportunities in the future with the rising demand for Electric bus charging infrastructure market in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Electric bus charging infrastructure market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
? ABB Ltd.
? AeroVironment Inc.
? ChargePoint Inc.
? ClipperCreek, Inc.
? Eaton Corporation
? General Electric Company
? Leviton Manufacturing Co., Inc.
? Proterra, Inc.
? Schneider Electric
? Siemens AG.