Australia Electric Bus Market By Seating Capacity (Up to 30-Seater; 31-40 Seater; & Above 40), By Battery Type (Lead Acid & Lithium Ion), By Application (Intercity; Intracity; & Airport Bus), By Bus Length (6-8m; 9-12m; & Above 12m), Competition, Forecast & Opportunities, 2028

Australia electric bus market is expected to grow at a formidable rate during the forecast period on account of development of integrated mobility solutions and increasing public transport, which are likely to use electric and hybrid buses for optimum functioning. Moreover, the key reason behind the increasing sales of electric buses are improved miles on a single charge, reduction in charging time and increasing number of charging stations all over the region. Additionally, increasing urbanization and rising levels of pollution leading to global warming are the major concerns due to which the government of the country is laying emphasis on the extensive use of electric buses. This factor is further anticipated to fuel the demand for electric buses across Australia in the coming years.

Australia electric bus market is segmented based on seating type, battery type, application, bus length, region and company. Based on seating type, the market can be segmented into up to 30-seater, 31-40-seater and above 40. The up to 30-seater seater segment accounted for the larger share in the Australia electric bus market due to preference of smaller buses by the public transport authority. Based on battery type, the market can be categorized into lead acid and lithium ion. The lithium-ion battery dominated the market in 2022 and is anticipated to maintain its dominance over the next 5 years as well owing to their low maintenance, high energy density and low self-discharge.

The major players operating in the electric bus market are BYD Australia Co. Ltd., Volgren Australia Pty. Ltd, Transit Australia Group (TAG), Bustech Pty Ltd. and others. Major companies are developing advanced technologies and launching new products in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments.

Objective of the Study:

• To analyze and forecast the market size of Australia electric bus market.
• To classify and forecast Australia electric bus market based on seating capacity, battery type, application, bus length, company and regional distribution.
• To identify drivers and challenges for Australia electric bus market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Australia electric bus market.
• To conduct pricing analysis for Australia electric bus market.
• To identify dominant region or segment in the Australia electric bus market.
• To identify and analyze the profile of leading players operating in Australia electric bus market.

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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of electric bus manufacturers across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the players which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the country.

TechSci Research calculated the market size of Australia electric bus market by using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

·         Electric bus manufacturers and suppliers

·         Market research and consulting firms

·         Government bodies such as regulating authorities and policy makers

·         Organizations, forums and alliances related to electric bus

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, Australia electric bus market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

• Australia Electric Bus Market, By Seating Capacity:
• Up to 30-Seater
• 31-40-Seater
• Above 40
• Australia Electric Bus Market, By Battery Type:
• Lead Acid
• Lithium Ion
• Australia Electric Bus Market, By Application:

o   Intercity

o   Intracity

o   Airport Bus

• Australia Electric Bus Market, By Bus Length:

o   6-8m

o   9-12m

o   Above 12m

• Australia Electric Bus Market, By Region:

o   New South Wales

o   Northern Territory

o   Queensland

o   South Australia

o   Tasmania

o   Victoria

o   Western Australia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Australia electric bus market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

o   Detailed analysis and profiling of additional market players (up to five).

Australia electric bus is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]