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Electric Buses - Global Market Trends 2021

The worldwide fleet of electric buses increased from approximately 340,000 units in 2018 to 480,000 in 2020. The demand for electric buses has been driven by the prospect of reducing air pollution in large cities, increasing compatibility with the environment and the compliance with national and international climate regulations. Strengthening public transport infrastructure is often an integral part of affected cities, including an ever-growing number of cities that have announced their transition to a zero emission bus fleet.

The electrification rates of bus fleets are still at very low levels, especially outside China. In the Asian country and frontrunner of the electric bus markets, it reaches 18% of the total bus fleet.

Although a decrease in procurement prices was predicted for electric buses for a long time, it did not materialise for multiple reasons. Progress in technology is still evolving dynamically, in particular concerning range and size of buses, with increasing double-decker and articulated buses being electrified.

In concrete terms, this MultiClient Study includes:

  • A look at the worldwide market for E-buses differentiated by region
  • An analysis of the relevant market data including present and future market volumes
  • Information concerning the installed fleet and future procurement potential until 2025
  • An assessment of current developments and growth drivers of the worldwide E-bus markets in the individual regions
  • An overview of regional production capacities and major bus manufacturers including an analysis of the market shares by region
  • Factsheets for the largest E-bus manufacturers worldwide

Optionally available with the data annex in Excel format

  • All numbers concerning fleets, deliveries and market shares are transparently and comprehensively available
  • Apply the data sets for an individual evaluation and configuration or to access and supplement available market data

Find an exemplary data annex here.

Date: 22/06/2021

Report type: MultiClient Study*

Data format: Excel  PDF 

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Language: english
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* Our compact MultiClient studies provide a harmonised view and definitions of the markets, prepare data on current stocks and forecasts, document current trends and provide detailed and comprehensive information on market and industry developments.