U.S. Electric Bus Charging Station Market Growth, Trends and key Players

1. 2022 U.S. Electric Bus Charging Station Market Opportunities, and Trends in Coming Years

2. Owing to the burgeoning requirement for electric buses, on account of the escalating air pollution levels and the enactment of strict emission control regulations by the government, the demand for electric bus charging stations is surging in the U.S. This is, in turn, driving the expansion of the U.S. electric bus charging station market. According to the forecast of the market research company, P&S Intelligence, the revenue of the market will rise from $20.9 million in 2018 to more than $184.5 million by 2025. Furthermore, the market is predicted to advance at a CAGR of 37.1% from 2019 to 2025 (forecast period). With the implementation of favorable government policies, the adoption of electric buses in public transport fleets and military fleets is rising sharply in the U.S. A majority of the decisions regarding the procurement of electric buses are taken at the federal or the state government level. Moreover, the government is taking several measures for augmenting the deployment of electric buses in its transport fleets. For example, transit operators in Los Angeles and Seattle aim to convert their diesel bus fleets, that include around 3,600 buses, to electric ones in the coming years.

3. These initiatives will consequently push up the requirement for electric bus charging stations in the country in the years to come. Apart from this factor, the growing preference of people for depot charge buses over the conventional on-route charge buses is also generating lucrative growth opportunities for the players operating in the U.S. electric bus charging station market. Currently, battery electric bus manufacturing companies are offering buses in two generalized models—electric buses equipped with large on-board batteries that offer extended range and can be charged overnight and electric buses equipped with smaller on-board batteries that provide short range and need frequent and on-route charging. Due to the similar operations of depot charge buses to that of the diesel buses, they are being increasingly preferred over the on-route charge buses in the country. Depending on product, the U.S. electric bus charging station market is divided into plug-in charging, pantograph charging, and inductive charging categories. Out of these, the plug-in charging category is contributing the highest revenue to the market currently. Whereas, in the upcoming years, the pantograph charging category is predicted to demonstrate the fastest growth in the market.

4. This will be because of the fact that these charging stations provide faster charging than the inductive and pantograph charging stations. When charger is taken into consideration, the U.S. electric bus charging station market is classified into off-board chargers and on-board chargers. Between these, the off-board charger category is currently holding the larger share in the market. Moreover, this category is predicted to exhibit huge expansion in the coming years, mainly because of their vehicle-to-grid reactive power capability. Hence, it is safe to say that the market will register rapid expansion in the forthcoming years, primarily because of the surging deployment of electric buses in the U.S. Request to Get the Sample Report: https://www.psmarketresearch.com/market-analysis/us-electric-bus-charging-station-market/report-sample

5. Market Segmentation by Vehicle Type • Battery Electric Bus (BEB) • Plug-in Hybrid Electric Bus (PHEB) • Hybrid Electric Bus (HEB) • Market Segmentation by Length • >40 Feet • <40 Feet • Market Segmentation by Battery • Lithium-Ion (Li-ion) • Nickel-Metal Hydride (NiMH) • Others • Market Segmentation by Charging Type • Plug-In • Pantograph • Inductive

6. This study covers 1. Historical and the present size of the U.S. Electric Bus Charging Station Market 2. Historical and the present size of the market segments and understand their comparative future potential 3. Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings 4. Competitive scenario of various market segments across key countries in several regions for uncovering market opportunities for the stakeholders 5. Major players operating in the market and their service offerings

7. Disclaimer: P&S Intelligence always keeps its customers’ interests at the core while carrying out research activities. P&S Intelligence ensures the reliability and accuracy of information and data provided in its market research publications. However, the information in publications is subject to fluctuations, as it is based on primary interviews of officials from various companies or organizations. P&S Intelligence is not responsible for any incorrect data provided by the key industry players of the concerned domain. the information or analysis in P&S Intelligence publications represents opinions based on research and should not be interpreted as statements of fact. Information in this report was believed to be correct at the time of publication, but cannot be guaranteed. P&S Intelligence does not endorse any product, service, or vendor depicted in its research publications. All intellectual properties, including trademarks and copyrights, belong to their respective owners and may be protected by copyright. Under no circumstance can these be reproduced in any form without prior written agreement of their owners. An order for market research report is intended for internal use of the company only and not for disclosure to third parties or any other publication in general. No service, report, or part thereof provided by P&S Intelligence can be reproduced, republished, resold, revealed, distributed, circulated, or sublicensed in any medium or form now realized or hereafter become realized, including but not limited to, all forms of optical-based media, magnetic, electronic, or digital, without a written permission from Prescient & Strategic Intelligence Pvt. Ltd. • For queries related to sales, contact us at: • enquiry@psmarketresearch.com • US/Canada Toll-Free: 1-888-778-7886 • International: +1-347-960-6455 • India: +91 120 4541 337 To know more about us, visit our website psmarketresearch.com