Market Forecast By Vehicle Types (Plug-In Electric Bus, Hybrid Electric Bus, Battery Electric Bus), By End Users(Public, Private), By Charging Infrastructure(Ground Contact, Roof Pantograph, Gantry Pantograph, Plug Only, Induction), Regions(England, Scotland, Wales, Northern Ireland) and Competitive Landscape.
Product Code: ETC001111 | Publication Date: Sep 2021 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
United Kingdom (UK) Electric Bus market currently, in 2023, has witnessed an HHI of 8605, Which has decreased moderately as compared to the HHI of 10000 in 2017. The market is moving towards Highly concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The United Kingdom Electric Bus Market developments include the shift of market players towards electric buses due to increasing awareness about green vehicles to reduce the level of greenhouse gases. The availability of government and private funding for electric buses in the country is further anticipated to increase the development in the market. The UK government planned to introduce 105 double-decker electric buses. Also, the presence of cohesive government schemes such as all-electric bus-town is further supporting the development of the country.
Rising concerns regarding growing air pollution by the traditional fuel buses in the country is the leading factor driving the demand for the electric bus market in the United Kingdom. Growing government initiatives to import electric buses for incorporation in the public transportation fleet would further contribute towards the high growth of the market over the next five years.
According to 6Wresearch, The United Kingdom (UK) Electric Bus Market size is estimated to grow during 2019- 2025. The government has passed a plan for Zero Carbon Emission 2050, under which government has plans to shift to 100% electric vehicles to reduce carbon emissions which would boost the demand for electric buses in the country. in 2018, BYD chinses electric bus manufacturers sold more than 160 electric buses in the country.
Based on vehicle types, the Battery Electric bus holds the leading share in the market revenues. However, the Plug-in Hybrid Electric bus segment is expected to register major growth in the forecast period due to its property to run on both fuel and electric charges.
The UK Electric Bus market report thoroughly covers the market by types, end-users, region, and charging infrastructure. The UK Electric Bus market outlook report provides an unbiased and detailed analysis of the ongoing UK Electric Bus market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
United kingdom's major factors responsible for the rising in the sales of electric buses include many main factors such as a reduction in charging time, improved miles on a single charge, and making charging stations across all the regions. The growth of the market is based on the development of integrated mobility solutions and increasing public transport. In addition, the government supports the coupled awareness of the growth of the population growth in the market in the upcoming years.
According to the research report, the United Kingdom electric bus market is based on the segments such as company, bus length, battery type, region, seating type, and application. Based on the battery type market is run on lithium-ion and lead-acid which is expected to grow at the fast pace of cost-effective and safe. Based on the bus length the market is fragmented such as 6-8m, 9-12m, and above 12m. In the United Kingdom, the electric bus market is the large bus of the public transport authority. The major player of the market of United Kingdom electric bus market is Volvo, Mellor coach craft, pelican hutong buses, BYD/ADL and many more in the market. Many companies are launching new products along with development due to new advanced technologies in order to strengthen the position of the electric bus market. Dealing with many companies is having more scope for market competition.
The United Kingdom Electric Bus market report provides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1 Report Description |
2.2 Key Highlights of The Report |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3. United Kingdom Electric Bus Market Overview |
3.1 United Kingdom Country Indicators |
3.2 United Kingdom Electric Bus Market Revenues & Volume 2015-2025F |
3.3 United Kingdom Electric Bus Market Revenue Share, By Vehicle Types, 2018 & 2025F |
3.4 United Kingdom Electric Bus Market Revenue Share, By Charging Infrastructure, 2018 & 2025F |
3.5 United Kingdom Electric Bus Market Revenue Share, By End User, 2018 & 2025F |
3.6 United Kingdom Electric Bus Market Revenue Share, By Regions, 2018 & 2025F |
3.7 United Kingdom Electric Bus Market - Industry Life Cycle |
3.8 United Kingdom Electric Bus Market - Porter’s Five Forces |
4. United Kingdom Electric Bus Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5. United Kingdom Electric Bus Market Trends |
6. United Kingdom Electric Bus Market Overview, By Vehicle Types |
6.1 United Kingdom Electric Bus Market Revenues & Volume, by Hybrid 2015-2025F |
6.2 United Kingdom Electric Bus Market Revenues & Volume, by Battery 2015-2025F |
6.3 United Kingdom Electric Bus Market Revenues & Volume, by Plug-in Hybrid 2015-2025F |
7. United Kingdom Electric Bus Market Overview, By Charging Infrastructure |
7.1 United Kingdom Electric Bus Market Revenues, By Ground Contact, 2015-2025F |
7.2 United Kingdom Electric Bus Market Revenues, By Roof Pantograph , 2015-2025F |
7.3 United Kingdom Electric Bus Market Revenues, By Gantry Pantograph, 2015-2025F |
7.4 United Kingdom Electric Bus Market Revenues, By Plug Only , 2015-2025F |
7.5 United Kingdom Electric Bus Market Revenues, By Induction, 2015-2025F |
8. United Kingdom Electric Bus Market Overview, By End User |
8.1 United Kingdom Electric Bus Market Revenues & Volume, By Public, 2015-2025F |
8.2 United Kingdom Electric Bus Market Revenues & Volume, By Private, 2015-2025F |
9. United Kingdom Electric Bus Market Overview, By Regions |
10. United Kingdom Electric Bus Market - Key Performance Indicators |
11. United Kingdom Electric Bus Market - Opportunity Assessment |
11.1 United Kingdom Electric Bus Market Opportunity Assessment, By Vehicle Types 2025F |
11.2 United Kingdom Electric Bus Market Opportunity Assessment, By Infrastructure 2025F |
11.3 United Kingdom Electric Bus Market Opportunity Assessment, By End User, 2025F |
12. United Kingdom Electric Bus Market Competitive Landscape |
12.1 United Kingdom Electric Bus Market Revenue Share, By Company, 2018 |
12.2 United Kingdom Electric Bus Market Competitive Benchmarking, By Operating & Technical Parameters |
13. Company Profiles |
14. Key Recommendations |
15. Disclaimer |