According to Stratistics MRC, the Global Electric Bus Charging Infrastructure Market is accounted for $198.9 billion in 2022 and is expected to reach $547.98 billion by 2028 growing at a CAGR of 18.4% during the forecast period.
A special type of infrastructure created for the purpose of charging electric buses is known as an electric bus charging infrastructure. The power supply can be onboard batteries, a hydrogen fuel cell, above wires, like in a trolleybus application, or ground-based non-contact conductors.
Many governments have incentive programmes in place to encourage the construction of the infrastructure needed to charge electric buses, including grants, tax incentives, and subsidies. A number of significant factors, most notably expanding government funding programmes and increased government objectives for the electrification of mass transit buses, have boosted the market for electric bus charging stations. E-mobility is now considered to be the finest technology currently available for reducing emissions from transportation. Electric buses are taking the place of traditional diesel-fueled buses more swiftly than battery-powered cars.
By geography, Asia Pacific is projected to hold the largest market share during the forecast period owing to the implementation of favourable government initiatives regarding the adoption of electric mobility, which is resulting in the surging deployment of electric buses in the region. The governments of these growing economies have recognized the global electric bus charging station market’s growth potential and, as a result, have implemented a variety of efforts to recruit major OEMs for the construction of electric vehicle charging stations in their local markets.
Some of the key players profiled in the Electric Bus Charging Infrastructure Market include Siemens, Heliox, ABB, IES Synergy, IPT Technology, ALSTOM, Furrer Frey, Momentum Dynamics, General Electric Company, Eaton Corporation, Schneider Electric, Proterra, AeroVironment Inc., ChargePoint, Valmont Structures, ClipperCreek, Inc., Leviton Manufacturing Co., Inc., Causis E-Mobility and ABC Companies.
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By Charging Types:
- Overhead Charging
- Plug-in Charging
- Other Charging Types
By Types:
- Wireless Charging
- Wired Charging
- Other Types
By Powers:
- 50 kW
- 50-150 kW
- 151-450 kW
- 450 kW
- Other Powers
By Connectors:
- Combined Charging System (CCS)
- CHArge de Move (CHAdeMO)
- Other Connectors
By Applications:
- Bus Depot
- Bus Stop
- Other Applications
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