TechSci Research report, “United States Electric Bus Market – By Forecast and Competitive Opportunities by Region, 2018-2028F”, predicts that the United States electric bus market will grow at a good CAGR in the years predicted. Millions of people rely on America’s bus network, which transports those who can’t or won’t drive and takes up to half of all American students to and from school each day. Battery-powered electric buses can reduce the environmental and public health risks posed by diesel buses while providing cities and school districts with a reliable and affordable alternative. Electric buses are becoming a more attractive option for many transit agencies, due to technological innovations in the industry and a sharp drop in battery prices in recent years. Transit agencies and school districts considering investing in electric buses need to be aware of what to expect and, more importantly, how to maximize their return on investment.
They improve air quality in our cities by eliminating diesel exhaust emissions, particulate pollution and pollutants that cause ground-level ozone formation. Compared to diesel, hybrid diesel and natural gas buses, electric buses emit significantly less greenhouse gases. Electric buses could replace all of the nation’s diesel-powered transit vehicles, eliminating more than 2 million tons of greenhouse gas emissions annually. Electric buses can also offer economic benefits, such as much lower maintenance costs and, in countries with favorable utility tariff structures, reduced fuel costs. Electric buses can greatly benefit society by reducing air pollution, including avoiding healthcare costs caused by cleaner air. Compared to using a car, well-equipped buses are an efficient form of public transport because they are space, energy and emission efficient. This is true regardless of the type of power (mechanisms for generating bus thrust) used. For example, a diesel bus2 operating at 20% of its capacity emits about a third less CO2 emissions per passenger kilometer than the equivalent number of private cars3 needed to transport the same number of passengers. The reduction in CO2 emissions increases to more than 90% when the bus is fully loaded. While diesel buses are more efficient than private cars, they still contribute significantly to greenhouse gas emissions, which can be greatly reduced by using electric buses.
This is the first reason to think about using electric buses instead of diesel buses. As a result, many national and regional governments around the world are looking for ways to reduce GHG emissions from their public transport fleets by investing in alternative energy systems. The buses have outperformed their diesel counterparts in terms of fuel and maintenance costs, and exceeded expectations in terms of charging time, range and battery life. Seneca sees its electric buses as an effective and scalable model to electrify the entire fleet.
Browse more than XX market data Figures spread across XX pages and an in-depth TOC on “United States Electric Bus Market” – https://www.techsciresearch.com/report/united-states-electric-bus-market/4181.html
|Up to 30 countries, 31-40 countries and over 40
|Lead acid and lithium ion
|Intercity, intracity and airport bus
|6-8m, 9-12m and over 12m
|Western region, northeastern region, midwestern region, southern region
Switching to electric buses over petrol or diesel buses has many advantages. In order to increase the sales of electric buses in the country, the mistakes of the adopters of electric buses must be corrected. This is to ensure that the introduction of electric buses has the maximum positive impact on the environment, people’s health and the financial stability of transit agencies. Currently, there are 500 electric buses in the United States on the road, and sales of electric buses are expected to increase in the coming years. The United States electric bus market is segmented on the basis of seating capacity, battery type, application, bus length, and region. On the basis of seating capacity, the market is segmented into 30 seats, 31–40 seats and above 40. On the basis of battery type, the market is segmented into lead acid and lithium ion. On the basis of application, the market is segmented into intercity bus, intracity and airport bus. Based on bus length, the market is segmented into 6-8m, 9-12m and over 12m. The market is also segmented by region into Western region, Northeast region, Midwest region, and Southern region. Electric buses powered by both lead-acid and lithium-ion batteries are more energy efficient than conventional diesel buses. Electric buses have lower running costs, as they require less maintenance and have lower fuel costs. Improvements in lead-acid and lithium-ion battery technologies have increased their energy density, lifespan and charging speed. These improvements have addressed some of the initial challenges regarding the range, durability and charging time of electric buses, making them more feasible and attractive to fleet operators.
Some of the players operating in the United States Electric Bus Market include:
- Proterra Inc.
- BYD Motors Inc.
- NFI Group Inc.
- AB Volvo
- Green Power Motor Company Inc.
- Gillig LLC
- Blue Bird Corporation
- Isuzu Motors Ltd
- Nova Bus Corporation
- MAN Truck & Bus AG
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“There are various advantages of electric buses such as electric buses emit less GHG and local pollutants, have reduced vibrations that increase passenger comfort and damage less surrounding infrastructure, electric motors produce less noise than ICE, etc. Seeing the demand, automobile manufacturers are shifting towards electric buses which are equipped with all the advanced technology and companies are launching new models of electric buses to meet the demand in the country. Many automobile companies have increased their budget for research and development department to increase the range of new products in electric buses, this will help them to increase their company’s presence in the market, boosting the Electric Bus Market of United States,” said Mr. Karan Chechi, Director of Research with TechSci Research, a research-based management consulting firm.
“United States electric bus market by seating capacity (up to 30 seats; 31-40 seats; & over 40), by battery type (lead acid & lithium ion), by application (intercity; indoor; airport bus) , by bus Length (6-8 m; 9-12 m; & over 12 m), according to region, competition., has estimated the future growth potential of the United States Electric Bus Market and provides statistics and information on the market size, structure and future growth of the market. The report aims to provide cutting-edge market intelligence and help decision makers make sound investment decisions. In addition, the report also identifies and analyzes emerging trends along with essential drivers, challenges, and opportunities in the United States electric bus market.
Table of Contents –
1.1. Summary of the article
1.2. Highlights of the Report
1.3. Market coverage
1.4. Market segments covered
1.5. Duration of Research Considered
- Research methodology
2.1. Objective of the Study
2.2. Basic methodology
2.3. Key industry partners
2.4. Primary association and secondary sources
2.5. Forecasting methodology
2.6. Data triangulation and validation
2.7. Assumptions and Limitations
- Executive Summary
3.1. Market overview
3.2. Market forecasting
3.3. Main regions
3.4. Main segments
- Impact of COVID-19 on the United States Electric Bus Market
4.1. Main segments affected
4.2. Main regions affected
- Voice of the customer analysis
5.1. Factors influencing the purchase decision
5.2. Brand awareness
5.3. Brand satisfaction level
5.4. Challenges and unmet needs
- United States Electric Bus Market Outlook
6.1. Market size and forecast
6.1.1. By value and volume
6.2. Market Share and Forecast
6.2.1. By Country Capacity Market Share Analysis (Up to 30 Countries; 31–40 Countries; & Above 40)
6.2.2. By Battery Type Market Share Analysis (Lead Acid & Lithium Ion)
6.2.3. Market Share Analysis by Application (Intercity; Intracity; & Airport Bus)
6.2.4. Bus Length Market Share Analysis (6-8m; 9-12m; & over 12m)
6.2.5. By Regional Market Share Analysis
184.108.40.206. Western Market Share Analysis
220.127.116.11. Northeast Market Share Analysis
18.104.22.168. Midwest Market Share Analysis
22.214.171.124. Southern market share analysis
6.2.6. By Company Market Share Analysis (2022)
6.3. United States Electric Bus Market Map and Opportunity
6.3.1. From Country Capacity Market Mapping and Opportunity Assessment
6.3.2. By Battery Type Market Map and Opportunity Assessment
6.3.3. From Application Market Mapping and Opportunity Assessment
6.3.4. Bus length Market map and opportunity assessment
6.3.5. By demand category Market mapping and opportunity assessment
6.3.6. From Regional Market Mapping and Opportunity Assessment
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About TechSci Research:
TechSci Research is a research-based management consulting firm that provides market research and advisory solutions to its clients worldwide, spanning a variety of industries. TechSci Research’s core values are value, integrity and insight. Led by a dynamic team of industry experts, TechSci Research provides its clients with high-value research and advisory services that help them identify new market opportunities, growth drivers and innovative ways to capture market share. As a result, TechSci’s client leads rather than follows market trends. Unbound by legacy, TechSci’s cutting-edge research model leverages its decades of research knowledge and an increasing use of technology as engines of innovation to deliver unique research value. Offered as an alternative to traditional market research, TechSci Research reports not only provide data and insights, but highlight insights in a more usable and interactive format for its clients.
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