0
Upcoming Allied Market Research
2023
New Energy Bus Market

New Energy Bus Market

by Type (Electric Bus, Hybrid Bus, Fuel Cell Bus) and by End-User (Government, Fleet Operators): Global Opportunity Analysis and Industry Forecast, 2023-2032

Report Code: A10412
Pages: NA
Jul 2023 | 2402 Views
Author(s) : NA
Tables: NA
Charts: NA
  • Formats*:

  • pdf

    Single User License, Five User
    License & Enterprise User License

  • xls

    Data Pack Excel License

  • ppt

    It comes with the additional cost
    of $2500.00 contact sales.

 

COVID-19

Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the New Energy Bus Market

Request Now !

New Energy Bus Market Outlook – 2027

A new energy-charged or new energy bus is powered exclusively or mainly by new energy. Moreover, the use of the term new energy bus normally implies that new energy is used not only for powering electric equipment on the bus, but also for propulsion of the vehicle. In addition, new energy panels on buses are installed to keep battery charged for all onboard equipment. Therefore, launch of a new energy bus service often goes hand in hand with investments for large-scale installations of stationary new energy panels with photovoltaic cells. Similarly, to other new energy vehicles, many buses have photovoltaic cells in their panels, on the roof top so that energy from sun is directly converted into electric energy, which is used by the engine. Moreover, rise in awareness regarding use of renewable sources of energy propels growth of the new energy bus market.

COVID-19 scenario analysis:

  • New energy has experienced spectacular growth in past two decades. However, the crisis caused by the COVID-19 could considerably disrupt this momentum.
  • Public transport has been completely shut during the lockdown in almost every country around the world to contaminate the spread of coronavirus.
  • Ban in operations during lockdown has caused a significant financial loss and it is predicted that when services resume, demand may not return easily, owing to norms of social distancing and passenger perceived risk of traveling.
  • Public transport has several challenges to face after the lockdown such as crew management, social distancing, and handling crowds, which is expected to impact profitability of new energy buses.
  • The COVID-19 induced lockdown and additional safety measures such as social distancing has put an additional financial burden on bus operators, which may risk long-term sustainability of the sector.

Top impacting factors: Market Scenario Analysis, Trends, Drivers, and Impact Analysis 

Rise in emphasis by government authorities and extensive need to conserve the environment and reduce pollution are expected to spur demand during the forecast period. However, lack of control centers and command that leads to high traffic congestion in metropolitan areas encourages people to use other modes of public transport such as mass rapid transit like metros or subways and is anticipated to hamper growth of the new energy bus market. Furthermore, technological advancements and innovative product launches by manufacturers are expected to create lucrative opportunities for players operating in the market during the forecast period.

The new energy bus market trends are as follows:

Increase in emphasis by government authorities 

Governments of developing and developed economies are concerned about enhancement of transportation systems by switching to renewable fuel, which emphasizes on making transport in every region cleaner, sustainable, energy-efficient, and available to all. In addition,  rise in number of joint ventures and partnerships among key manufacturers and government agencies to launch advanced public transport is further expected to support the new energy bus market during the forecast period. 

Extensive need to conserve the environment and reduce pollution 

Awareness about damage caused to environment, with rise in use of combustion engine has been increasing rapidly as there are major effects that can be seen in the environment. Hence, the new energy vehicle market is considered to be the future of automobile and many customers are shifting to new these vehicles as they are economical and eco-friendly. In addition, they are considered to use renewable source of energy, which further propels growth of the market.           

Key benefits of the report:

  • This study presents the analytical depiction of the new energy bus market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the new energy bus market share.
  • The current market is quantitatively analyzed to highlight the new energy bus market scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed new energy bus market analysis based on competitive intensity and how the competition will take shape in the coming years.

Questions answered in the new energy bus market research report:

  • Which are the leading market players active in the new energy bus market?
  • What would be the detailed impact of COVID-19 on the market?
  • What current trends would influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the new energy bus market?
  • What are the projections for the future that would help in taking further strategic steps?

New Energy Bus Market Report Highlights

Aspects Details
By Type
  • Electric Bus
  • Hybrid Bus
  • Fuel Cell Bus
By End-User
  • Government
  • Fleet Operators
By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (France, Germany, UK, Russia, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Rest of Asia-Pacific)
  • LAMEA  (Latin America, Middle East, Africa)
Key Market Players Isuzu Motors Ltd., BYD Auto Co. Ltd, Volvo Buses, Toyota Motor Corporation, Ashok Leyland Ltd., Daimler AG, China South Industries Group Corporation, Yangzhou Yaxing Motor Coach Co.
 

Loading Table Of Content...


 
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through well audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of marketplace


With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast


Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.

PURCHASE OPTIONS

Call or Email us

U.S.-Canada Toll-free: +1-800-792-5285
Int'l : +1-503-894-6022
Europe : +44-845-528-1300
Email : help@alliedmarketresearch.com

Looking for Customization?

 Customization Request

Have a Question?

 Speak with Analyst

Any Confusion?

 Inquire Before Buying

Have a glance of the Report

  Enquiry Now
RELATED TAGS

Purchase Full Report of
New Energy Bus Market

Start reading.
This Report and over 53,395+ more Reports, Available with Avenue Library. T&C*.

  • Online Only
  • $3,690
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  • Free industry update
    (Within 180 days)
  • Free report update in next update cycle
  • Data Pack
  • $3,840
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Single User
  • $5,820
  • Restricted to one authorized user
  • One print only
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Five Users
  • $6,540
  • Limited to five authorized users
  • Print upto five copies
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Enterprise
    License/PDF

  • $9,870
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Library
    Membership

  • $999 $ 1,175
    Per User/ Per month/ Billed annually
  • Published Content
    E-access
  • Company Profiles
    E-access
  • Newly Added Content Access
  • 10 PDF
    Downloads
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

RELATED REPORTS
 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers