Market Insights and Analysis: Europe Electric Bus Market Overview and Projections (2022-2027)

The Europe Electric Bus Market is projected to grow at a CAGR of around 16.66% during the forecast period, i.e., 2022-27.

Top leading companies in the Europe Electric Bus Market includes:

Solaris Bus & Coach, IVECO Bus, Traton Group, AB Volvo, Mercedes-Benz Group AG, EBUSCO, BYD Auto Co. Ltd., Van Hool, VDL Bus & Coach, EvoBus GmbH, Others

Key Trends in the Europe Electric Bus Market : Government Mandates for Electrification of Transit System

As concerns over the ill effects of air pollution & emission on human health & environment are mounting rapidly, alongside the skyrocketing prices of fossil fuels, the demand for greener, cleaner, and cost-effective alternatives is escalating swiftly. It, in turn, is also influencing the demand for Electric Vehicles, including Buses, replacing Internal Combustion Engines (ICE) buses across Europe. In fact, by the time it is 2030, Europe shall demonstrate an approximately 67% surge in the sales of zero-emission buses, which would reflect a fleet size of 65,000 e-buses.

In the same line, various governing agencies in the region are also participating actively in the industry and contributing through the implementation of intense emissions regulations, propelling the demand & sales for electric buses as a zero-emission solution. Since such moves allow cities to meet their environmental goals without compromising the transportation infrastructure, it is set to have a growing & opportunistic future for the industry in the coming years.

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Report Segmentation:

The market is categorized into the following segments in the report:

By Propulsion Type

-Battery Electric Bus (BEV)

-Plug-in Hybrid Electric Bus (PHEV)

-Fuel Cell Electric Bus (FCEV)

• Battery Electric Bus acquired the largest share of the Europe Electric Bus Market in the previous years and shall prevail in the same trend during the forecast period.

By Battery Type

-Lithium Ion

-Nickel-metal hydride battery

-Others (Lead-Acid Batteries, Ultracapacitors)

By Application

-Intercity

-Intracity

By End User

-Private

-Government

By Length of Bus

-Less the 9M

-9-15M

-15-20M

-Above 20M

By Battery Capacity

-100-200 kWh

-200-300 kWh

-Above 300 kWh

By Range

-100-200 miles

-Above 200 miles

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Europe Electric Bus Market Geographic Reach:

The Geographic Reach of the Europe Electric Bus Market evaluates the spread and significance of Europe Electric Bus market consumption across different regions/country, emphasizing areas with the largest market size and the most promising growth potential.

• The UK
• Germany
• Italy
• France
• Spain
• Poland
• Sweden
• Belgium
• The Netherlands
• Rest of Europe

Note: If you require specific information not covered in the current report, we can provide it through customized option

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