Japan Electric Bus Charging Infrastructure Market Overview:
The global Japan Electric Bus Charging Infrastructure
Market will continue to
climb an average annual rate of 26.1% by 2030. Here are some key findings from
their latest report on this market
The Japan
Electric Bus Charging Infrastructure Market Growth is witnessing
substantial growth in tandem with the increasing global shift towards
sustainable and eco-friendly transportation solutions. As cities and countries
prioritize the adoption of electric buses to reduce emissions and combat air
pollution, the demand for robust charging infrastructure is on the rise.
Charging infrastructure providers are developing innovative solutions,
including fast-charging stations and depot charging systems, to cater to the
unique operational needs of electric buses. This market's growth is further
propelled by government initiatives and incentives aimed at promoting electric
mobility, fostering the development of an extensive and efficient charging
network for electric buses.
Geographically,
regions at the forefront of electric bus adoption, such as Europe and parts of
Asia, are witnessing a surge in investments and deployment of charging
infrastructure. As urbanization accelerates and public transportation systems
transition to electric fleets, the Japan Electric Bus Charging
Infrastructure Market Growth is expected to play a crucial role in
supporting the widespread integration of electric buses into public transit
networks. Continued advancements in charging technology, coupled with
supportive government policies, are likely to drive further expansion and
sophistication of the Japan Electric Bus Charging Infrastructure Market
Growth in the coming years.
Get Free Sample Report of Japan Electric Bus
Charging Infrastructure Market
The Global
Electric Bus Market Is Expected To Grow
Electric buses
offer significant reductions in fuel costs and emissions levels, as well as
improved public health due to less reliance on diesel fuels. Globally, the Japan
Electric Bus Charging Infrastructure Market Growth is forecasted to reach
an annual volume of 934 million units by 2022 and reach 2 billion units
annually by 2026 with North America representing more than 60% share of
electric buses sold worldwide during this period.
Japan Electric
Bus Charging Infrastructure Market Growth Key Players
·
Siemens AG (Germany)
·
SCHUNK Group (Germany)
·
ABB (Switzerland)
·
Bombardier Inc (Canada)
·
Kempower OY (US)
·
Daimler AG (Germany)
·
Proterra (US)
·
ChargePoint Inc (US)
·
EFACEC (Portugal)
·
Shijiazhuang Tonhe Electronics Technologies Co
Ltd (China)
The US Is
Investing In Electric Bus Infrastructure
In order to cut
down on emissions, improve air quality, and save money, many U.S. cities are
investing in electric bus infrastructure. In New York City, for example,
they've committed $32 million to purchase 50 fully electric buses and five
charging stations. The city has also allocated an additional $10 million to
help create a network of electric vehicle charging stations that will serve
both public and private vehicles in all five boroughs.
Europe Is
Leading The Way In Electric Bus Adoption
With a push for
clean, sustainable transportation and a focus on reducing emissions, it is
little surprise that Europe has been leading the way in electric bus adoption.
The European Union has set regulations mandating that companies reduce their
emissions by 20% between 2020 and 2030. This will be difficult if not
impossible without switching to electric vehicles. Since buses are one of the
major sources of air pollution in most cities, they are an important target for
reducing emissions.
China Is The
Largest Market For Electric Buses
China is currently
the largest market for electric buses, with over 300 million kilometers
traveled by such vehicles in 2016. The country has ambitious plans to put 5,000
electric buses on its roads in 2017 and at least 10,000 more each year until
2020. To achieve this goal, China's Ministry of Transport announced in November
2016 a $2.6 billion purchase of 200 pure electric buses from BYD Co., Ltd.
The Japan
Electric Bus Charging Infrastructure Market Growth Is Expected To Grow
In order to meet
climate change goals, cities across the world are turning to electric buses.
The rise in demand is being driven by an increasing number of cities with
zero-emission vehicle mandates and by government incentives for electric bus
buyers.
The global Japan
Electric Bus Charging Infrastructure Market Growth size was valued at USD
890.2 million in 2017 and is expected to grow at a CAGR of 16.6% over
2018-2024, reaching USD 2,694 million by 2024.
Japan Electric
Bus Charging Infrastructure Market Growth Segmentation
By Charger Type
·
Dc Charger
·
Pantograph
By Charging
Method
·
Fast Charging
·
Slow Charging
By Regions
·
North America
·
Europe
·
Asia Pacific
·
Rest Of The World
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more:
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