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Electric Bus Market: Global Industry Analysis and

Forecast to 2020

Persistence Market Research

Electric Bus Market: Global Industry Analysis


and Forecast to 2020

Persistence Market Research

Electric Bus Market: Global Industry Analysis and


Forecast to 2020
Persistence Market Research Released New Market Report on Electric Bus Market: Global
Industry Analysis and Forecast to 2020.
Electric bus was first introduced globally in 1882 and is now gaining popularity due to increasing
global concern on emissions. Buses are one of the most pollution emitting vehicles in a country
which are mostly used as public transport. However there have been made several upgradations in the engine technologies for evolve with the buses with least emission; however the
increasing number of public transport due to the increasing population is raising the emission
levels. The evolution and penetration of electric and hybrid and fuel cell buses in the global bus
market has been observed to be the only solution for emission controls from public transport.

Browse Full Report on Electric Bus Market at


http://www.persistencemarketresearch.com/market-research/electric-bus-market.asp .

Electric buses have several other benefits including quieter operation and less dependence on
crude oil-led fuels. Additionally, electric buses are more economical than the petroleum and
compressed natural gas (CNG) based buses. The operating cost of an electric bus in New York
was between USD 0.2 cents-0.3 cents per mile in 2014 as compared to an equivalent diesel or
CNG powered buses. The emission regulations from public transport in some Asian countries
such as India are not much stricter due to which the customary diesel-powered vehicles are
flourishing in the country.

Moreover, the weak power infrastructure in the country is further creating hurdles for the growth
of electric buses in the Asian sub-continent. The change in government, which is inclined on
cleanliness, may have some implication on the development of electricity-led public
transportation in the coming years. However, the governments in developed countries are
already prepared to include more numbers of electric buses in their public transport
infrastructure. The U.S. department of transportation has recently announced the investment of
USD 24.9 million to increase the number of zero-emission buses across America.

Persistence Market Research

Electric Bus Market: Global Industry Analysis and


Forecast to 2020
Electric buses can be segmented into two broad categories namely non-autonomous electric
buses and autonomous electric buses. The non-autonomous electric buses can be further
segmented as trolleybus, gapbus and online electric cable. The autonomous electric buses can
be categorized under battery electric bus and gyrobus. The non-autonomous electric buses are
powered by overhead electric wires, whereas the autonomous electric buses run on
rechargeable batteries. However, the autonomous buses are replacing the non-autonomous
buses. The common batteries used in electric buses include lithium-ion and iron-phosphate.

Among regions, Asia Pacific dominated the global sales of electric buses in 2013 followed by
North America. Globally, China had the largest population of electric buses in the same year.
The government of China has been stressing on clean transport which is also reflected in its
12th five year plan where the country has been investing with large amounts in the development
of electric and hybrid forms of vehicles in the country. Israel, on the other hand has taken
several initiative to develop its electric vehicles infrastructure in the recent years. The country
has issued several mandatory requirements including conductive connection to the electricvehicle general requirement (Israel Standard 61851-1), alternating current charging station for
electric vehicle (Israel Standard 61851-22), electric vehicle safety requirements (ECE 100) and
energy consumption requirements (ECE101). South Korea has also been increasing its number
of electric buses where peanut buses which transfer people from subway stations in downtown
to the North Seoul Tower, are gaining popularity. A European Union directive mandates the
purchase of electric buses for the public transport services.

The key companies operating in the global electric bus market include BYD Motor Corporation,
Proterra Inc., Volvo AG, Zhongtong Bus & Holding Co. Ltd, Yutong, Wuzhoulong, Foton, Golden
Dragon and Kinglong.

Request For TOC for this report at http://www.persistencemarketresearch.com/toc/3703 .

Key points covered in the report:1. Report segments the market on the basis of types, application, products, technology, etc
(as applicable)
2. The report covers geographic segmentation

Persistence Market Research

Electric Bus Market: Global Industry Analysis and


Forecast to 2020

3.

North America
Europe
Asia
RoW
The report provides the market size and forecast for the different segments and
geographies for the period of 2010 to 2020
4. The report provides company profiles of some of the leading companies operating in the
market
5. The report also provides porters five forces analysis of the market.
Browse the full All Upcoming Persistence Market's report at
http://www.persistencemarketresearch.com/forthcoming-reports.asp
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Persistence Market Research

Electric Bus Market: Global Industry Analysis and


Forecast to 2020

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