Singapore Electric Bus Market Outlook (2020-2025) | Growth, Share, Industry, Trends, Analysis, Forecast, COVID-19 IMPACT, Revenue, Companies, Size & Value

Singapore Electric Bus Market report comprehensively covers the market by-charger types, DC charger connector types, DC charger power ratings, and end consumers. Singapore Electric Bus market report provides an unbiased and detailed analysis of the ongoing 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.

Singapore Electric Bus Market Synopsis

To reduce the carbon emissions and a step toward a sustainable environment, the government of Singapore has to start emphasizing promoting electric mobility in Singapore and enhancing electric public transportation by introducing electric taxis and electric buses in the city and allowing tax rebates and incentives for the adoption of electric vehicles and expanding EV charging infrastructure to provide ease to the commuters for charging of vehicles. There are only 10 registered electric buses by 2019 end in Singapore and more than 40 buses are expected to hit the roads in 2020. Further, the government of Singapore has set a very ambitious plan of making Singapore a fully electric vehicle-driven nation by 2040. However, the incursion of the COVID-19 pandemic has resulted in a slowdown in the Singapore economy during the first half of 2020 further obstructing the growth of Singapore electric vehicle market.

According to 6Wresearch, Singapore Electric Bus market size grew at a CAGR of 55.5% during 2020-2025. Various initiatives such as the extension of the Vehicular Emission Scheme (VES) to light commercial vehicles, and a 45 percent rebate on Additional Registration Fee (ARF) to EV buyers from 2021 to 2023 under the Early adoption Scheme would lead to the high adoption of electric vehicles during this period.

Key Attractiveness of the Report

• COVID-19 Impact on the Market.
• 6 Years Market Numbers.
• Estimated Data Starting from 2020 to 2025F.
• Base Year: 2019
• Forecast Data until 2025F.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Singapore Electric Bus Market Overview
• Singapore Electric Bus Market Outlook
• Singapore Electric Bus Market Forecast
• Historical Data and Forecast Singapore Electric Bus Market Revenues and Volume for the Period 2019-2025F
• Historical Data and Forecast of Singapore Electric Bus Market Revenues and Volume, By Vehicle Types, for the Period 2019-2025F
• Historical Data and Forecast of Singapore Electric Bus Market Revenues and Volume, By Charger Types, for the Period 2019-2025F
• Historical Data and Forecast of Singapore Electric Bus Market Revenues and Volume, By DC Charger Connector Types, for the Period 2019-2025F
• Historical Data and Forecast of Singapore Electric Bus Market Revenues and Volume, By DC Charger Power Ratings, for the Period 2019-2025F
• Historical Data and Forecast of Singapore Electric Bus Market Revenues and Volume, By Charger End Consumers, for the Period 2019-2025F
• Market Drivers and Restraints
• Industry Life Cycle
• Porter’s Five Force Analysis
• Impact Analysis of COVID-19
• Market Trends
• Japan Vehicle Market Revenue Ranking, By Companies
• Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Market Scope and Segmentation

The report provides a detailed analysis of the following market segments:

By Charger Types

• AC
• DC

By DC Charger Connector Types

• CHAdeMO
• CCS
• Others (including Tesla superchargers and GB/T)

By DC Charger Power Ratings

• 40-80 kW
• 80-120 kW
• 120-200 kW

By Charger End Consumers

• Public
• Private