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Dublin, Jan. 11, 2019 (GLOBE NEWSWIRE) -- The "U.S. Electric Bus Charging Station Market by Product - Market Size, Share, Development, Growth, and Demand Forecast, 2016-2025" report has been added to ResearchAndMarkets.com's offering.
The U.S. electric bus charging station market is projected to reach $221.5 million by 2025, the growth of the market is majorly driven by the increasing demand of electric buses by local transit agencies coupled with government favourable funding schemes to develop charging infrastructure in the country.
Local governments with the help of federal and state governments, are integrating electric buses into their municipal or public transit fleets. Such procurement initiatives are expected to drive the U.S. electric bus market which in turn will benefit the electric bus charging station market in the country.
Most of the decisions of purchasing electric buses are made at the federal or state government level. The U.S. government has a strong commitment to increase the share of electric buses in the transportation system of the country. The Federal Transit Administration (FTA), an agency within the U.S. Department of Transportation (DOT), published a notice of funding opportunity (NOFO) announcing a competitive funding under the Low- or No-Emission Grant program. The program funds will offer financial assistance for the purchase or leasing of low- or zero-emission vehicles that incorporate advanced technologies, including related equipment or facilities which are expected to benefit the U.S. electric bus charging station market.
The U.S. had around 70,000 buses in public fleet in 2017. These old conventional fuel-based buses are expected to be replaced by new electric ones during the forecast period. Large fleet of old conventional buses in the country provides considerable opportunity for the electric bus sales in the country. Such procurement and replacement initiatives are expected to drive the U.S. electric bus market which in turn will benefit the electric bus charging station market in the country.
The U.S. electric bus charging station market is still in its nascent phase, with a few players operating within the country. Some of the major players in the market are ABB Ltd., Siemens Mobility GmbH, Proterra Inc., Advanced Vehicle Manufacturing (AVM) Inc., and APT Controls Ltd.
Key Topics Covered:
Chapter 1. Research Background
1.1 Research Objectives
1.2 Market Definition
1.3 Research Scope
1.4 Key Stakeholders
Chapter 2. Research Methodology
2.1 Secondary Research
2.2 Primary Research
2.3 Market Size Estimation
2.4 Data Triangulation
2.5 Assumptions for the Study
Chapter 3. Executive Summary
Chapter 4. Introduction
4.1 Definition of Market Segments
4.1.1 By Product
18.104.22.168 Plug-in charging
22.214.171.124 Pantograph charging
126.96.36.199 Inductive charging
4.1.2 By Connector
4.1.3 By Charger
4.1.4 By Charging
188.8.131.52 Fast charging
184.108.40.206 Slow charging
4.2 Value Chain Analysis
4.2.1 Electric Bus Charging Station Funding Sources in U.S.
4.3 Market Dynamics
220.127.116.11 Growing emergence of wireless charging systems
18.104.22.168 Government schemes and regulations
22.214.171.124 Growing demand for electric buses increases the deployment of electric bus charging stations
126.96.36.199.1 Falling battery costs and improving operational efficiencies
188.8.131.52.2 Increasing replacement sales
184.108.40.206 Impact analysis of drivers on market forecast
220.127.116.11 High cost of equipment and installation
18.104.22.168 Lack of standardization
22.214.171.124 Impact analysis of restraints on market forecast
126.96.36.199 Up surging requirement of electric bus charging stations in private establishments
4.4 Porter's Five Forces Analysis
4.4.1 Bargaining power of buyers
4.4.2 Bargaining power of suppliers
4.4.3 Threat of new entrants
4.4.4 Intensity of rivalry
4.4.5 Threat of substitutes
Chapter 5. U.S. Market Size and Forecast
5.1 By Product
5.2 By Connector
5.3 By Charger
5.4 By Charging
Chapter 6. U.S. Electric Bus Market Size and Forecast
6.1 Electric Buses in Service And on-order by State
Chapter 7. Major Electric Bus Deployment Initiative in U.S.
Chapter 8. Policy and Regulatory Landscape for Electric Bus
8.1 Electric Buses
8.1.2 Incentive Schemes and Programs
188.8.131.52 New York
184.108.40.206 Rhode Island
8.2 Electric Charging infrastructure
8.2.2 Incentive Schemes and Programs
220.127.116.11 District of Columbia
18.104.22.168 New York
22.214.171.124 Rhode Island
8.3 Electric Bus Projects in the Pipeline
Chapter 9. Competitive Landscape
9.1 Market Share Analysis of Key Players
9.2 Competitive Analysis of Key Players
9.3 Strategic Developments of Key Players
Chapter 10. Company Profiles
- ABB Ltd.
- APT Controls Ltd.
- Heliox B.V.
- Siemens Mobility GmbH
- Proterra Inc.
- Advanced Vehicle Manufacturing Inc.
For more information about this report visit https://www.researchandmarkets.com/research/d45gkf/united_states?w=12
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Related Topics: Commercial Vehicles, Electric and Hybrid Vehicles