Australia Electric Bus Market (2019-2025) | Size, Share, Growth, Trends, Analysis, Overview, industry & Outlook

Latest 2023 Development of the Australia Electric Bus Market

Australia Electric Bus Market is projected to grow in the forthcoming years owing to various growth factors. Apart from this, the market has undergone various new developments. For instance, Transport for NSW announced plans to trial two electric buses on the Bondi to Bronte bus route in Sydney. The market is being driven by the government initiatives such as tax credits, subsidies, and grants to promote the adoption of electric buses in the country. This has further encouraged the growth of the electric bus market in Australia. With the increasing awareness of environmental issues, many people are looking for environmentally friendly transportation options. Due to this, electric buses are a suitable mode of eco-friendly transportation that offers a clean and emission-free alternative to traditional diesel buses.

The technology behind electric buses is steadily growing which leads to longer battery life and increased range. These advancements are making electric buses more practical and efficient, further driving the growth of the Australia Electric Bus Industry. Moreover, the increasing demand for public transportation backed by urbanization is further fuelling the demand for electric buses. Many corporations are committed to reducing their carbon footprint and promoting sustainability. They are investing in electric buses as part of their corporate social responsibility initiatives.

Australia Electric Bus Market Synopsis

Australia Electric Bus Market report thoroughly covers the market by vehicle types, end-users, charging infrastructure, and regions. The Australia Electric Bus Market outlook report provides an unbiased and detailed analysis of the ongoing Australia 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.

Australia Electric Bus Market is expected to observe high demand in the upcoming six years owing to the country’s belief in the Electric bus as an efficient and environmentally friendly vehicle. Moreover, the reduced initial cost of the vehicle coupled with low maintenance costs is further anticipated to drive market growth in the coming years.

According to 6Wresearch, the Australia Electric Bus Market size is expected to register growth during 2019-2025. Increased economic development, reductions in fuel consumption, and reduced noise pollution are the further advancements that are anticipated to drive the demand for electric buses in the upcoming years.

Moreover, the country has been observed as a tourist hub with diversified tourist spots. An increase in tourist visits would further propel the demand for the use of public transport which would assist the market growth of electric buses in the public end-user segment during the conjecture period.

In the Australia Electric Bus market, the report has been a reference to the document for the industry. The major developments that take place in the electric bus market are “Electric Buses” is going to interpret the dramatic development in the second edition. According to the research report, the electric bus market the promoting diesel buses, and there are rapidly losing their share of the primary industry. There are two Chinese robot shuttles and buses that are parked sideways- there is a pure electric course. There is the four-wheel vectored traction and has been conference reported of nearly half of the electric bus market of some buses employs gantry charging. The gantry charging leads to the batteries of a quarter of the size and costs revealed. The successful sales of Chinese robots new edition majors development take place such as Solaris, in-wheel motors and Chinese robot shuttles, value-engineered, gaining market share by selling of latest technology of the electric bus market in Australia. 

There is some new edition of the traditional motor in the market and there are also available other parts from suppliers. According to the report of the new global interviews, the study is to analyze the changing situation. Australia electric bus market is projected to witness progressive growth during the forecast period 2020-26F backed by the growth of the transport sector. Additionally, the rising demand for emission-efficient vehicles in the market is expected to reduce GHG levels resulting in less environmental pollution, and is expected to increase the major demand for electric buses and would spur market growth in the coming years. Further, the deployment of electric buses is cheaper than diesel buses owing to declining per-kilometre mobility costs and is expected to leave a positive impact on the potential growth of the Australia electric bus market throughout the forecast period.

Market Analysis by Vehicle Type

On the basis of vehicle type, the Hybrid Electric Bus is acquiring the largest share and is expected to dominate the market during the upcoming years as well, as it conserves energy while decelerating. 

Key players in the market

Some of the key players operating in the Australia Electric Bus Market are:

• BYD Australia Co. Ltd.
• Volgren Australia Pty. Ltd
• Transit Australia Group (TAG)
• Bustech Pty Ltd.

Key Highlights of the Report

• Australia Electric Bus Market Overview
• Australia Electric Bus Market Outlook
• Australia Electric Bus Market Trends
• Australia Electric Bus Market Forecast
• Historical Data of Australia Electric Bus Market Revenues and Volume for the Period 2015-2018
• Australia Electric Bus Market Size and Market Forecast Revenues until 2025
• Historical Data of Australia Electric Bus Market Revenues and Volume, by Vehicle Types, for the Period 2015-2018
• Market Size & Forecast of Australia Electric Bus Market Revenues and Volume, by Vehicle Types, until 2025
• Historical Data of Australia Electric Bus Market Revenues, by End Users, for the Period 2015-2018
• Market Size & Forecast of Australia Electric Bus Market Revenues, by End Users, until 2025
• Historical Data of Australia Electric Bus Market Revenues and Volume, by Charging Infrastructure, for the Period 2015-2018
• Market Size & Forecast of Australia Electric Bus Market Revenues and Volume, by Charging Infrastructure, until 2025
• Historical Data of Australia Electric Bus Market Revenues and Volume, by Regions, for the Period 2015-2018
• Market Size & Forecast of Australia Electric Bus Market Revenues and Volume, by Regions, until 2025
• Market Drivers and Restraints
• Market Trends and Industry Life Cycle
• Porter’s Five Force Analysis
• Market Opportunity Assessment
• Australia Electric Bus Market Overview on Competitive Benchmarking
• Australia Electric Bus Market Share, by Companies
• Australia Electric Bus Market Share, by Regions
• Key Strategic Recommendations

Markets Covered

The Australia Electric Bus Market report provides a detailed analysis of the following market segments:

By Vehicle Type:

• 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

By Regions:

• Australian Capital Territory
• New South Wales
• Northern Territory
• Queensland
• South Australia
• Tasmania
• Victoria
• Western Australia

Australia Electric Bus Market: FAQs