市場調查報告書
商品編碼
1309688
全球電動客車市場規模、份額和行業趨勢分析報告:2023-2030年按電池類型、車輛、應用、最終用途和地區劃分的展望和預測Global Electric Bus Market Size, Share & Industry Trends Analysis Report By Battery Type, By Vehicle, By Application (Intercity, and Intracity), By End-use (Public, and Private), By Regional Outlook and Forecast, 2023 - 2030 |
電動公交車市場規模預計到 2030 年將達到 1212 億美元,預測期內復合年增長率為 20.8%。
市場增長因素
柴油和汽油價格上漲
與同類汽油或柴油汽車相比,電動汽車可以顯著降低運營成本。 電動汽車不使用汽油或柴油等化石燃料,而是使用能源為電池充電。 其卓越的效率和較低的能源成本使電動汽車比汽油或柴油汽車更便宜。 電動汽車還有助於保護環境,因為它們由可再生能源提供動力。 如果使用可再生能源充電,例如公交車站安裝的太陽能電池板,電費甚至會更便宜。 為此,世界各國都在從傳統汽車向電動汽車轉型,市場不斷擴大。
採用先進技術,快速工業化、電氣化
快速城市化、人口快速增長、工業部門擴張和基礎設施發展是全球優質運輸車輛數量大幅增加的主要因素。 特別是在發展中國家,工業部門的擴張正在為採礦、建築和旅遊業等多個行業創造大量就業機會。 因此,更多的就業機會意味著更多的通勤者,這對公共交通服務的需求產生重要影響。 這一因素推動了對高效公共交通方式的需求。
市場製約因素
電動汽車電池的高開發成本和安全問題
電池需要一個管理系統來確保最佳的工作溫度和安全性。 然而,製造商必須花費大量時間和金錢來發明先進的電池管理系統。 對於電動公交車來說,電池組的尺寸會影響車輛的續航裡程和電池價格。 電池的大尺寸使電動公交車車身和底盤的設計進一步複雜化。 根據年/日行駛裡程、工作溫度和充電水平/速率等多種因素,這些電池在公交車的使用壽命內至少需要更換一次或兩次。 因此,這些因素對市場擴張構成了重大障礙。
車輛視圖
根據車輛,市場分為純電動汽車、插電式混合動力汽車和燃料電池電動汽車。 燃料電池電動汽車(FCEV)細分市場在2022年實現了可觀的市場增長率。 得益於燃料電池電動汽車,溫室氣體排放和空氣污染得到部分減少。 由於政府更加積極地減少碳排放和保護環境,該細分市場正在增長。 例如,德國正在加速使用燃料電池公交車。 德國政府正在為公共交通電動汽車的生產和安裝做出重大貢獻。
電池類型展望
根據電池類型,市場分為鎳錳鈷酸鋰和磷酸鐵鋰。 2022年,鎳錳鈷酸鋰細分市場在市場中取得了巨大的收入份額。 此類可充電鋰離子電池礦物以粉末形式批量用作正極材料。 這種材料的特點是具有極好的熱穩定性。 鎳鎂鈷電池由於其自熱率低、容量高、循環率高和功率輸出高等優點,在電動公交車中越來越受歡迎。
使用前景
按照用途,市場分為城際市場和城內市場。 2022年,城市內市場的市場增長率顯著。 隨著新興經濟體意識到減少碳排放的必要性以及更嚴格的排放法規鼓勵使用電動公交車,這一細分市場正在不斷增長。 城市化進程的不斷加快使得清潔交通解決方案變得至關重要。 由於不斷增長的城市人口需要廣泛的城市交通,電動交通具有巨大的潛力。
最終用途展望
根據最終用途,市場分為公共市場和私人市場。 2022 年,公共部門在市場上佔有最高的收入份額。 市場的很大一部分與運輸服務需求的增加以及政府努力減少溫室氣體排放和對化石燃料的依賴有關。 公共舉措通常側重於開發支持電動公交車所需的充電基礎設施。 這包括在公交車站、終點站和公交車路線沿線安裝充電站。
區域展望
按地區劃分,我們對北美、歐洲、亞太地區和拉美地區 (LAMEA) 的市場進行了分析。 2022 年,亞太地區收入市場份額最大。 對環保交通不斷增長的需求以及印度、中國和日本等國家的存在是促成這一擴張的因素。 中國是市場的關鍵參與者,也是頂級公司的所在地。 例如,截至2020年底,中國新能源公交車保有量超過46.6萬輛,其中純電動公交車37.87萬輛。 嚴格的政府法規、環境問題和不斷擴大的充電基礎設施也推動了該地區的需求。
The Global Electric Bus Market size is expected to reach $121.2 billion by 2030, rising at a market growth of 20.8% CAGR during the forecast period.
Battery Electric Vehicle are gaining traction in the Market due to the rising greenhouse gas (GHG) emissions. Therefore, Battery Electric Vehicle accounted for $19.3 billion revenue in the market in 2022. Employing hydrogen energy for transportation as well as business and industrial uses will drastically cut GHG emissions. The announcement of GHG emission reduction targets has compelled bus makers to use electric alternatives. For example, 2019 saw the establishment of the Colorado emissions reduction target in the US. By setting the baseline at its 2005 levels, it has set reduction goals of 26% by 2025, 50% by 2030, and 90% by 2050. Similarly, by 2030, Germany wants to reduce carbon emissions by at least 65% compared to 1990 levels. One of the leading nations in adopting electric buses is the Netherlands, which already employs electric public buses in day-to-day operations and wants to have all of its public bus transportation emission-free by 2030. The market is anticipated to increase as a result.
The major strategies followed by the market participants are Product Launches as the key developmental strategy in order to keep pace with the changing demands of end users. For instance, In June, 2023, Yutong Bus Co., Ltd. announced the launch of YEA, a technology platform for energy commercial vehicles. The YEA features two core components namely, the C-architecture used as a CPU of the commercial vehicle and the YOS, a commercial vehicle operating system featuring a self-developed OS by Yutong Bus. Additionally, In April,2023, Daimler Truck AG unveiled the Rizon brand of medium-duty trucks. The Rizon branded trucks feature lithium iron phosphate batteries and a single charge mileage of up to 110 miles.
Based on the Analysis presented in the KBV Cardinal matrix; Volkswagen AG and Mercedes-Benz Group AG (Daimler Truck Holding AG) are the forerunners in the Market. In June, 2023, Volkswagen AG released ID. Buzz electric bus. The ID. Buzz features an electric motor capable of producing power of up to 282 horsepower and a maximum speed of up to 99 mph. Furthermore, the bus features power-sliding doors on both sides. Companies such as Hyundai Motor Company, Volvo Group, Nissan Motor Co., Ltd are some of the key innovators in the Market.
Market Growth Factors
Escalating prices for diesel and petrol
Compared to a comparable gasoline or diesel vehicle, an electric car offers substantially reduced operating costs. Instead of using fossil fuels like gasoline or diesel, electric vehicles charge their batteries using energy. Due to their superior efficiency and lower cost of energy, electric automobiles are more affordable to charge than gasoline or diesel vehicles. Deploying electric vehicles can help protect the environment when powered by renewable energy. If charging is done using renewable energy sources like solar panels placed in bus depots, the cost of electricity can be further decreased. Due to this, nations are moving from conventional to electric vehicles worldwide, causing the market to grow.
Use of advanced technologies, rapid industrialization, and electrification
Rapid urbanization, fast population growth, the expansion of the industrial sector, and infrastructural development are the primary drivers of the significant increase in good transport vehicles worldwide. Numerous job opportunities are emerging in several industries, like mining, building, and tourism, due to the expansion of the industrial sector, especially in developing countries. As a result, since there are more employment opportunities, there are also more commuters, which has an important impact on the demand for public transportation services. This factor is driving the demand for efficient public transport modes.
Market Restraining Factors
High development costs and safety issues with EV batteries
The battery needs a management system that guarantees the best operational temperature and security. However, manufacturers must spend a lot of time and money on advanced battery management systems inventions. Regarding electric buses, the size of the battery pack affects both the vehicle's driving range and the battery price. Further complicating the design of the body and chassis of electric buses is the large battery size. Depending on several factors, including the annual/daily mileage, operating temperature, and charging level/rate, these batteries must be replaced at least once or twice throughout the bus's operational lifespan. As a result, such factors are proving to be a significant barrier to market expansion.
Vehicle Outlook
Based on Vehicle, the market is characterized into battery electric vehicle, plug-in hybrid electric vehicle, and fuel cell electric vehicle. The fuel cell electric vehicle (FCEV) segment procured a considerable growth rate in the market in 2022. Greenhouse gas emissions and air pollution are reduced in part owing to the FCEV. The segment is expanding due to more aggressive government attempts to cut carbon emissions and save the environment. For instance, the use of fuel-cell transit buses is accelerating in Germany. For the production and installation of electric public transportation vehicles in the nation, the German government has made significant contributions.
Battery Type Outlook
On the basis of battery type, the market is classified into lithium nickel manganese cobalt oxide and lithium iron phosphate. The lithium nickel manganese cobalt oxide segment recorded a significant revenue share in the market in 2022. The minerals in this type of rechargeable lithium-ion batteries are used in powder form in batch numbers as a cathode material. Extremely great thermal stability characterizes this material. The nickel magnesium cobalt battery has become more popular for use in electric buses because of its beneficial characteristics, which include a high capacity, cycle rate, and power, in addition to a low self-heating rate.
Application Outlook
By application, the market is divided into intercity and intracity. The intracity segment garnered a remarkable growth rate in the market in 2022. The segment is expanding as developing economies become more aware of the need to decrease carbon emissions and as severe emission regulations encourage the usage of electric buses. Clean mobility solutions are now essential due to rising urbanization. Urban population growth would necessitate widespread urban transit, which offers tremendous possibilities for electric mobility.
End-Use Outlook
Based on end-use, the market is segmented into public and private. The public segment procured the highest revenue share in the market in 2022. A significant proportion of the market is linked to the rising demand for transportation services as well as government initiatives to minimize greenhouse gas emissions and reliance on fossil fuels. Public initiatives often focus on developing the necessary charging infrastructure to support electric buses. This includes the installation of charging stations at bus depots, terminals, and along bus routes.
Regional Outlook
Region wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The Asia Pacific segment recorded the largest revenue share in the market in 2022. The rise in demand for environmentally friendly transportation and the presence of nations like India, China, and Japan are responsible for the expansion. China is a significant player in the market and the location of top manufacturers. For instance, there were over 466,000 New Energy buses (NEBs) in China by the end of 2020, of which 378,700 were battery electric buses. Strict government regulations, environmental concerns, and expanding charging infrastructure are also boosting the region's demand.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include BYD Company Ltd., Volvo Group, Solaris Bus & Coach sp. z o.o. (Construcciones y Auxiliar de Ferrocarriles, S.A.), Volkswagen AG, Nissan Motor Co., Ltd, Ashok Leyland Limited (Hinduja Group Ltd.), Mercedes-Benz Group AG (Daimler Truck Holding AG), Yutong Bus Co., Ltd., Tata Motors Limited (Tata Group) and Hyundai Motor Company.
Recent Strategies Deployed in Electric Bus Market
Product Launches and Product Expansions:
Jun-2023: Volkswagen AG released ID. Buzz electric bus. The ID. Buzz features an electric motor capable of producing power of up to 282 horsepower and a maximum speed of up to 99 mph. Furthermore, the bus features power-sliding doors on both sides.
Jun-2023: Yutong Bus Co., Ltd. announced the launch of YEA, a technology platform for energy commercial vehicles. The YEA features two core components namely, the C-architecture used as a CPU of the commercial vehicle and the YOS, a commercial vehicle operating system featuring a self-developed OS by Yutong Bus.
Apr-2023: Daimler Truck AG unveiled the Rizon brand of medium-duty trucks. The Rizon branded trucks feature lithium iron phosphate batteries and a single charge mileage of up to 110 miles.
Jun-2022: Switch Mobility Ltd, a subsidiary of Ashok Leyland Limited, introduced Switch EiV 12 electric buses. The Switch EiV 12 electric buses feature 'Switch iON' remote monitoring services and NMC lithium-ion powered modular batteries.
Feb-2022: BYD Company Ltd. unveiled K6 electric bus. The K6 electric bus is a 20-seater bus that has a single-charge mileage of up to 140 miles.
Sep-2021: Solaris Bus & Coach sp. z o.o. announced the launch of Urbino 9 LE electric bus. The Urbino 9 LE electric bus has a power output of up to 220kW and features high-energy batteries with capacities of up to 350 kWh.
Partnerships, Collaborations, and Agreements:
Apr-2023: Volvo Group came into partnership with Manufacturing Commercial Vehicles (MCV), an Egyptian bus manufacturer, to manufacture bodies for Volvo's electric buses. The partnership provides better flexibility for Volvo to meet the market demand.
Mar-2023: Daimler Truck AG signed a partnership with Siemens, a German automation solutions provider, to build a digital engineering platform with the use of Siemens Xcelerator portfolio of software and services. The partnership would allow Daimler to develop state-of-art technologies that would be used by Daimler's customers to boost their productivity.
Dec-2022: Tata Motors Limited came into an agreement with Delhi Transport Corporation, a public transport operator based in Delhi, India, to supply 1500 electric buses in Delhi. The partnership would allow Tata Motors to provide its customers based in Delhi with zero-emission buses.
Oct-2022: Daimler Truck AG signed an agreement with Gehring Technologies GmbH + Co. KG, a machinery manufacturer based in Germany, to build solutions for vehicle electric vehicles. The partnership aids the company in its ambition to build "truck-e-fied" e-motors.
May-2022: Hyundai Motor Company signed a partnership with Tata Power, a power distributor based in India, to build infrastructure for Electric Vehicles. The partnership allows Hyundai to strengthen its position in the Indian market by providing customers with a robust EV ecosystem.
Mar-2022: Volkswagen AG announced an extended partnership with Ford Motor Company, an automobile manufacturer based in the United States, to provide solutions for e-mobility. The partnership sped up Volkswagen's electrification capabilities, thereby allowing it to serve the customers in a better way.
Dec-2021: BYD UK, a subsidiary of BYD Company Ltd., signed a partnership with Alexander Dennis Limited, a bus manufacturer based in Britain, to supply its electric vehicles to the Scottish market. The partnership allows BYD to provide its Scottish customers with innovative solutions for zero-emission transport solutions.
Jul-2021: BYD UK, a subsidiary of BYD Company Ltd., partnered with Alexander Dennis Limited, a bus manufacturer based in Britain, to supply 200 BYD ADL Enviro200EV to the Irish market. The partnership brings zero-emission transport solutions to the Irish customers of BYD, thereby allowing them to serve their customers in a better way.
Geographical Expansions:
Mar-2022: Daimler Truck AG expanded its geographical reach by opening The Daimler Truck Innovation Center India (DTICI) in Bangalore, India. The new center would serve as research and development for Daimler and would aid the company in strengthening its market share.
Market Segments covered in the Report:
By Battery Type
By Vehicle
By Application
By End-Use
By Geography
Companies Profiled
Unique Offerings from KBV Research
LIST OF FIGURES