South America Electric Bus Market Forecast to 2028

Report Code : BMIRE00025587 | Region : LAMEA | Industry : Automotive and Transportation | Published Date : 10/Aug/2022
South America Electric Bus Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Vehicle Type (Battery Electric Bus, Hybrid electric Bus, and Plug-in Hybrid Electric Bus), Hybrid Powertrain (Series Parallel Hybrid, Parallel Hybrid, and Series Hybrid), Battery [Lithium Iron Phosphate (LFP) and Lithium Nickel Manganese Cobalt Oxide (NMC)], and End User (Public and Private)

The South America electric bus market is expected to grow from US$ 143.25 million in 2021 to US$ 359.75 million by 2028; it is estimated to grow at a CAGR of 14.1% from 2021 to 2028

Electric buses employ a variety of batteries. Low-cost lithium ion-phosphate batteries are increasingly used in electric buses. Batteries made of lithium-ion phosphate are both cost-effective and robust. The average price of these batteries is a significant benefit for automakers. Due to their speed, safety, and excellent thermal stability, lithium-ion phosphate batteries have seen a phenomenal increase in sales in recent years. To meet the growing demand for longer drives, market participants are implementing technical improvements to improve the operational efficiency of batteries. This will increase electric bus sales. Electric bus manufacturers are always trying to improve efficiency and increase the range of their vehicles. Furthermore, the production of high-density nickel, manganese, and cobalt (NMC) batteries is subject to significant intellectual property rights. Moreover, LFP batteries avoid the risk of litigation and simultaneously promote domestic battery suppliers over competitors such as LG Chem and Samsung. Thus, the rising production of low-cost lithium ion-phosphate batteries is expected to drive the demand for electric buses across the region.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the South America electric bus market . The South America electric bus market is expected to grow at a good CAGR during the forecast period.

South America Electric Bus Market Revenue and Forecast to 2028 (US$ Million)

South America Electric Bus Market Segmentation

The South America electric bus market is segmented based on vehicle type, hybrid powertrain, battery, end user, and country. Based on vehicle type, the market is segmented into the battery-electric bus, hybrid electric bus, and plug-in hybrid electric bus. The battery-electric bus segment dominated the market in 2021. Based on hybrid powertrain, the market is segmented into series-parallel hybrid, parallel hybrid, and series hybrid. The parallel hybrid segment dominated the market in 2021. Based on battery, the market is bifurcated into lithium iron phosphate (LIP) and lithium nickel manganese cobalt oxide (NMC). The lithium iron phosphate (LIP) segment dominated the market in 2021. Based on end user, the market is bifurcated into public and private. The public segment dominated the market in 2021. Based on country, the South America electric bus market is segmented into Brazil, Argentina, and the Rest of South America. Brazil dominated the market in 2021.

AB Volvo; BYD Company Ltd; CAF Group (Solaris Bus & Coach); Daimler AG; King Long United Automotive Industry Co., Ltd; and Shenzhen Wuzhoulong Motors Co., Ltd are among the leading companies in the South America electric bus market.

The List of Companies - South America Electric Bus Market

● AB Volvo

● BYD Company Ltd

● CAF Group (Solaris Bus & Coach) 

● Daimler AG       

● King Long United Automotive Industry Co., Ltd

● Shenzhen Wuzhoulong Motors Co., Ltd

TABLE OF CONTENTS

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 SAM Electric Bus Market – By Vehicle Type

1.3.2 SAM Electric Bus Market – By Hybrid Powertrain

1.3.3 SAM Electric Bus Market – By Battery

1.3.4 SAM Electric Bus Market – By End User

1.3.5 SAM Electric Bus Market- By Country

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. SAM Electric Bus Market Landscape

4.1 Market Overview

4.2 SAM PEST Analysis

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. SAM Electric Bus Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Increasing Demand for Hydrogen Fuel Bus

5.1.2 Stringent Government Emission Regulations

5.2 Market Restraints

5.2.1 High Initial and Development Cost

5.3 Market Opportunities

5.3.1 Rising Production of Low-cost Lithium ion-Phosphate Batteries

5.4 Future Trends

5.4.1 Emergence of Autonomous and Semi-Autonomous Transportation Systems

5.5 Impact Analysis of Drivers and Restraints

6. Electric Bus Market – SAM Analysis

6.1 SAM Electric Bus Market Overview

6.2 SAM Electric Bus Market – Revenue and Forecast to 2028 (US$ Million)

7. SAM Electric Bus Market Analysis – By Vehicle Type

7.1 Overview

7.2 SAM Electric Bus Market, By Vehicle Type (2020 and 2028)

7.3 Battery Electric Bus

7.3.1 Overview

7.3.2 Battery Electric Bus: Electric Bus Market – Revenue and Forecast to 2028 (US$ Million)

7.4 Hybrid Electric Bus

7.4.1 Overview

7.4.2 Hybrid Electric Bus: Electric Bus Market – Revenue and Forecast to 2028 (US$ Million)

7.5 Plug-in Hybrid Electric Bus

7.5.1 Overview

7.5.2 Plug-in Hybrid Electric Bus: Electric Bus Market – Revenue and Forecast to 2028 (US$ Million)

8. SAM Electric Bus Market Analysis – By Hybrid Powertrain

8.1 Overview

8.2 SAM Electric Bus Market, By Hybrid Powertrain (2020 and 2028)

8.3 Series Parallel Hybrid

8.3.1 Overview

8.3.2 Series Parallel Hybrid: Electric Bus Market – Revenue and Forecast to 2028 (US$ Million)

8.4 Parallel Hybrid

8.4.1 Overview

8.4.2 Parallel Hybrid: Electric Bus Market – Revenue and Forecast to 2028 (US$ Million)

8.5 Series Hybrid

8.5.1 Overview

8.5.2 Series Hybrid: Electric Bus Market – Revenue and Forecast to 2028 (US$ Million)

9. SAM Electric Bus Market Analysis – By Battery

9.1 Overview

9.2 SAM Electric Bus Market, By Battery (2020 and 2028)

9.3 Lithium Iron Phosphate (LFP)

9.3.1 Overview

9.3.2 Lithium Iron Phosphate (LFP): Electric Bus Market – Revenue and Forecast to 2028 (US$ Million)

9.4 Lithium Nickel Manganese Cobalt Oxide (NMC)

9.4.1 Overview

9.4.2 Lithium Nickel Manganese Cobalt Oxide (NMC): Electric Bus Market – Revenue and Forecast to 2028 (US$ Million)

10. SAM Electric Bus Market Analysis – By End User

10.1 Overview

10.2 SAM Electric Bus Market, By End User (2020 and 2028)

10.3 Public

10.3.1 Overview

10.3.2 Public: Electric Bus Market – Revenue and Forecast to 2028 (US$ Million)

10.4 Private

10.4.1 Overview

10.4.2 Private: Electric Bus Market – Revenue and Forecast to 2028 (US$ Million)

11. SAM Electric Bus Market – Country Analysis

11.1 Overview

11.1.1 SAM: Electric Bus Market, by Key Country

11.1.1.1 Brazil: Electric Bus Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.1.1 Brazil: Electric Bus Market, By Vehicle Type

11.1.1.1.2 Brazil: Electric Bus Market, By Hybrid Powertrain

11.1.1.1.3 Brazil: Electric Bus Market, By Battery

11.1.1.1.4 Brazil: Electric Bus Market, By End User

11.1.1.2 Argentina: Electric Bus Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.2.1 Argentina: Electric Bus Market, By Vehicle Type

11.1.1.2.2 Argentina: Electric Bus Market, By Hybrid Powertrain

11.1.1.2.3 Argentina: Electric Bus Market, By Battery

11.1.1.2.4 Argentina: Electric Bus Market, By End User

11.1.1.3 Rest of SAM: Electric Bus Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.3.1 Rest of SAM: Electric Bus Market, By Vehicle Type

11.1.1.3.2 Rest of SAM: Electric Bus Market, By Hybrid Powertrain

11.1.1.3.3 Rest of SAM: Electric Bus Market, By Battery

11.1.1.3.4 Rest of SAM: Electric Bus Market, By End User

12. Industry Landscape

12.1 Overview

12.2 Market Initiative

12.3 New Development

13. Company Profiles

13.1 AB Volvo

13.1.1 Key Facts

13.1.2 Business Description

13.1.3 Products and Services

13.1.4 Financial Overview

13.1.5 SWOT Analysis

13.1.6 Key Developments

13.2 King Long United Automotive Industry Co., Ltd

13.2.1 Key Facts

13.2.2 Business Description

13.2.3 Products and Services

13.2.4 Financial Overview

13.2.5 SWOT Analysis

13.2.6 Key Developments

13.3 Shenzhen Wuzhoulong Motors Co., Ltd

13.3.1 Key Facts

13.3.2 Business Description

13.3.3 Products and Services

13.3.4 Financial Overview

13.3.5 SWOT Analysis

13.3.6 Key Developments

13.4 BYD Company Ltd

13.4.1 Key Facts

13.4.2 Business Description

13.4.3 Products and Services

13.4.4 Financial Overview

13.4.5 SWOT Analysis

13.4.6 Key Developments

13.5 Daimler AG

13.5.1 Key Facts

13.5.2 Business Description

13.5.3 Products and Services

13.5.4 Financial Overview

13.5.5 SWOT Analysis

13.5.6 Key Developments

13.6 CAF Group (Solaris Bus & Coach)

13.6.1 Key Facts

13.6.2 Business Description

13.6.3 Products and Services

13.6.4 Financial Overview

13.6.5 SWOT Analysis

13.6.6 Key Developments

14. Appendix

14.1 About The Insight Partners

14.2 Word Index

LIST OF TABLES.

Table 1.             SAM Electric Bus Market – Revenue and Forecast to 2028 (US$ Million)

Table 2.             SAM: Electric Bus Market, by Country – Revenue and Forecast to 2028 (US$ Million)

Table 3.             Brazil: Electric Bus Market, By Vehicle Type – Revenue and Forecast to 2028 (US$ Million)

Table 4.             Brazil: Electric Bus Market, By Hybrid Powertrain – Revenue and Forecast to 2028 (US$ Million)

Table 5.             Brazil: Electric Bus Market, By Battery – Revenue and Forecast to 2028 (US$ Million)

Table 6.             Brazil: Electric Bus Market, By End User – Revenue and Forecast to 2028 (US$ Million)

Table 7.             Argentina: Electric Bus Market, By Vehicle Type – Revenue and Forecast to 2028 (US$ Million)

Table 8.             Argentina: Electric Bus Market, By Hybrid Powertrain – Revenue and Forecast to 2028 (US$ Million)

Table 9.             Argentina: Electric Bus Market, By Battery – Revenue and Forecast to 2028 (US$ Million)

Table 10.          Argentina: Electric Bus Market, By End User – Revenue and Forecast to 2028 (US$ Million)

Table 11.          Rest of SAM: Electric Bus Market, By Vehicle Type – Revenue and Forecast to 2028 (US$ Million)

Table 12.          Rest of SAM: Electric Bus Market, By Hybrid Powertrain – Revenue and Forecast to 2028 (US$ Million)

Table 13.          Rest of SAM: Electric Bus Market, By Battery – Revenue and Forecast to 2028 (US$ Million)

Table 14.          Rest of SAM: Electric Bus Market, By End User – Revenue and Forecast to 2028 (US$ Million)

Table 15.          List of Abbreviation

The List of Companies - South America Electric Bus Market

● AB Volvo

● BYD Company Ltd

● CAF Group (Solaris Bus & Coach) 

● Daimler AG       

● King Long United Automotive Industry Co., Ltd

● Shenzhen Wuzhoulong Motors Co., Ltd

Reason To Buy

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the SAM electric bus market.

● Highlights key business priorities in order to assist companies to realign their business strategies

● The key findings and recommendations highlight crucial progressive industry trends in the SAM electric bus market, thereby allowing players across the value chain to develop effective long-term strategies

● Develop/modify busines s expansion plans by using substantial growth offering developed and emerging markets

● Scrutinize in-depth SAM market trends and outlook coupled with the factors driving the electric bus market, as well as those hindering it

● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

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