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Africa Electric Bus Market Size, Share, Trends, Demand, Growth, Forecast: By Propulsion Type: Battery Electric Vehicle, Plug-in Hybrid Electric Vehicle, Fuel Cell Electric Vehicle; By Battery Type; By Battery Capacity; By Bus Length; By Range; By Power Output; By Application; By End Use; Regional Analysis; Competitive Landscape; 2024-2032
Africa Electric Bus Market Outlook
The Africa electric bus market size reached approximately USD 1.60 billion in 2023. The market is further projected to grow at a CAGR of 14.1% between 2024 and 2032, reaching a value of USD 5.24 billion by 2032.
Key Trends in the Market
An electric bus is a vehicle whose accessory and propulsion systems are powered by zero emission electricity sources. The fuel tank and the internal combustion engine are replaced with battery and an electric motor in electric buses. The electricity can be sourced from hydrogen fuel cells, batteries, and ground based non-contact conductors, among others.
- Increased environmental awareness is a key trend aiding the Africa electric bus market growth. The exhaust fumes released by diesel buses are unpleasant to breath and are a health hazard. Electric buses have no tailpipe emissions and are helpful towards providing cleaner air.
- The community and social benefits offered by electric buses are further boosting their adoption in Africa. A sustainable and efficient mode of public transportation reduces noise pollution and improves the quality of the air, enhancing the living conditions of the city.
- The economic benefits offered by electric buses are encouraging the African governments to adopt the vehicle. Electric buses have fewer components, lower fuel costs, longer life cycle, and require less maintenance, making them more economically viable than their fuel consuming counterparts.
Africa Electric Bus Market Analysis
On the basis of propulsion type, the market is divided into battery electric vehicle, plug-in hybrid electric vehicle, and fuel cell electric vehicle. Based on battery type, the market is categorised into lithium nickel manganese cobalt oxide and lithium iron phosphate. On the basis of battery capacity, the market is bifurcated into up to 400 kWh and above 400 kWh.
Based on bus length, the market is classified into less than 9 meters, 9 to 14 meters, and above 14 meters. On the basis of range, the market is segregated into less than 150 miles, 150 to 300 miles, and above 300 miles. Based on power output, the market is divided into up to 250 kW and above 250 kW.
On the basis of application, the market is bifurcated into intercity and intracity. Based on end use, the market is categorised into public and private. On the basis of country, the Africa electric bus market segmentation includes South Africa, Egypt, Nigeria, and Algeria, among others.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
- Mercedes-Benz Group AG
- Kiira Motors Corporation
- BYD Motors, Inc.
- MiPower Electric Bus (Masala Ramabulana Holdings)
- Yutong Bus Co., Ltd.
- Xiamen King Long International Trading Co.,Ltd.
- Volvo Group
- Tata Sons Private Limited
- Roam
- BasiGo
- Others
Market Share by Propulsion Type
Battery electric vehicles are anticipated to account for a significant Africa electric bus market share owing to the various advantages offered by the vehicles as opposed to plug-in hybrid electric vehicles and fuel cell electric vehicles. Battery electric buses produce zero tailpipe emission and are also aiding the governments in Africa in reducing operational costs for public transports. Presence of various key market players and their increased efforts towards the development of battery electric buses is further supporting the segment growth.
Market Share by Country
South Africa is expected to account for significant share of the electric bus market in Africa in the coming years. This growth can be attributed to the increased governmental efforts towards boosting connectivity within the country in a cost efficient and environment friendly manner. Electric buses help in lowering the operational costs for public transportation systems and assist in creating local jobs. Such buses have maximum torque which enables the driver to accelerate more responsively. These advantages are boosting the Africa electric bus market demand.
Competitive Landscape
Mercedes-Benz Group AG is an automobile company that delevops and distributes luxury and premium vans and cars and electric vehicles including buses. The company also offers a wide range of services such as fleet management, car subscription, and car rental.
Volvo Group, headquarterd in Sweden, is one of the leading manufacturers of buses, marine and construction equipment, industrial engines, and trucks. The company’s brand portfolio consists of Prevost, Volvo Penta, Nova Bus, and Renault Trucks, among others.
Tata Sons Private Limited, headquarterd in Mumbai, Mahrashtra, encompasses various primary business sectors including engineering, materials, energy, chemicals, and consumer products, among others.
Other Africa electric bus market key players include Kiira Motors Corporation, BYD Motors, Inc., MiPower Electric Bus (Masala Ramabulana Holdings), Yutong Bus Co., Ltd., Xiamen King Long International Trading Co.,Ltd., Roam, and BasiGo, among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Propulsion Type |
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| Breakup by Battery Type |
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| Breakup by Battery Capacity |
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| Breakup by Bus Length |
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| Breakup by Range |
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| Breakup by Power Output |
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| Breakup by Application |
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| Breakup by End Use |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Global Electric Bus Market Overview
8.1 Key Industry Highlights
8.2 Global Electric Bus Historical Market (2018-2023)
8.3 Global Electric Bus Market Forecast (2024-2032)
8.4 Global Electric Bus Market Share by Region
8.4.1 North America
8.4.2 Europe
8.4.3 Asia Pacific
8.4.4 Latin America
8.4.5 Middle East and Africa
9 Africa Electric Bus Market Overview
9.1 Key Industry Highlights
9.2 Africa Electric Bus Historical Market (2018-2023)
9.3 Africa Electric Bus Market Forecast (2024-2032)
10 Africa Electric Bus Market by Propulsion Type
10.1 Battery Electric Vehicle
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Plug-in Hybrid Electric Vehicle
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Fuel Cell Electric Vehicle
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
11 Africa Electric Bus Market by Battery Type
11.1 Lithium Nickel Manganese Cobalt Oxide
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Lithium Iron Phosphate
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
12 Africa Electric Bus Market by Battery Capacity
12.1 Up to 400 kWh
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Above 400 kWh
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
13 Africa Electric Bus Market by Bus Length
13.1 Less Than 9 meters
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 9 To 14 meters
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Above 14 meters
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
14 Africa Electric Bus Market by Range
14.1 Less Than 150 Miles
14.1.1 Historical Trend (2018-2023)
14.1.2 Forecast Trend (2024-2032)
14.2 150 To 300 Miles
14.2.1 Historical Trend (2018-2023)
14.2.2 Forecast Trend (2024-2032)
14.3 Above 300 Miles
14.3.1 Historical Trend (2018-2023)
14.3.2 Forecast Trend (2024-2032)
15 Africa Electric Bus Market by Power Output
15.1 Up to 250 kW
15.1.1 Historical Trend (2018-2023)
15.1.2 Forecast Trend (2024-2032)
15.2 Above 250 kW
15.2.1 Historical Trend (2018-2023)
15.2.2 Forecast Trend (2024-2032)
16 Africa Electric Bus Market by Application
16.1 Intercity
16.1.1 Historical Trend (2018-2023)
16.1.2 Forecast Trend (2024-2032)
16.2 Intracity
16.2.1 Historical Trend (2018-2023)
16.2.2 Forecast Trend (2024-2032)
17 Africa Electric Bus Market by End Use
17.1 Public
17.1.1 Historical Trend (2018-2023)
17.1.2 Forecast Trend (2024-2032)
17.2 Private
17.2.1 Historical Trend (2018-2023)
17.2.2 Forecast Trend (2024-2032)
18 Africa Electric Bus Market by Country
18.1 South Africa
18.1.1 Historical Trend (2018-2023)
18.1.2 Forecast Trend (2024-2032)
18.2 Egypt
18.2.1 Historical Trend (2018-2023)
18.2.2 Forecast Trend (2024-2032)
18.3 Nigeria
18.3.1 Historical Trend (2018-2023)
18.3.2 Forecast Trend (2024-2032)
18.4 Algeria
18.4.1 Historical Trend (2018-2023)
18.4.2 Forecast Trend (2024-2032)
18.5 Others
19 Market Dynamics
19.1 SWOT Analysis
19.1.1 Strengths
19.1.2 Weaknesses
19.1.3 Opportunities
19.1.4 Threats
19.2 Porter’s Five Forces Analysis
19.2.1 Supplier’s Power
19.2.2 Buyer’s Power
19.2.3 Threat of New Entrants
19.2.4 Degree of Rivalry
19.2.5 Threat of Substitutes
19.3 Key Indicators for Demand
19.4 Key Indicators for Price
20 Competitive Landscape
20.1 Market Structure
20.2 Company Profiles
20.2.1 Mercedes-Benz Group AG
20.2.1.1 Company Overview
20.2.1.2 Product Portfolio
20.2.1.3 Demographic Reach and Achievements
20.2.1.4 Certifications
20.2.2 Kiira Motors Corporation
20.2.2.1 Company Overview
20.2.2.2 Product Portfolio
20.2.2.3 Demographic Reach and Achievements
20.2.2.4 Certifications
20.2.3 BYD Motors, Inc.
20.2.3.1 Company Overview
20.2.3.2 Product Portfolio
20.2.3.3 Demographic Reach and Achievements
20.2.3.4 Certifications
20.2.4 MiPower Electric Bus (Masala Ramabulana Holdings)
20.2.4.1 Company Overview
20.2.4.2 Product Portfolio
20.2.4.3 Demographic Reach and Achievements
20.2.4.4 Certifications
20.2.5 Yutong Bus Co., Ltd.
20.2.5.1 Company Overview
20.2.5.2 Product Portfolio
20.2.5.3 Demographic Reach and Achievements
20.2.5.4 Certifications
20.2.6 Xiamen King Long International Trading Co.,Ltd.
20.2.6.1 Company Overview
20.2.6.2 Product Portfolio
20.2.6.3 Demographic Reach and Achievements
20.2.6.4 Certifications
20.2.7 Volvo Group
20.2.7.1 Company Overview
20.2.7.2 Product Portfolio
20.2.7.3 Demographic Reach and Achievements
20.2.7.4 Certifications
20.2.8 Tata Sons Private Limited
20.2.8.1 Company Overview
20.2.8.2 Product Portfolio
20.2.8.3 Demographic Reach and Achievements
20.2.8.4 Certifications
20.2.9 Roam
20.2.9.1 Company Overview
20.2.9.2 Product Portfolio
20.2.9.3 Demographic Reach and Achievements
20.2.9.4 Certifications
20.2.10 BasiGo
20.2.10.1 Company Overview
20.2.10.2 Product Portfolio
20.2.10.3 Demographic Reach and Achievements
20.2.10.4 Certifications
20.2.11 Others
21 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Electric Bus Market: Key Industry Highlights, 2018 and 2032
2. Africa Electric Bus Market: Key Industry Highlights, 2018 and 2032
3. Africa Electric Bus Historical Market: Breakup by Vehicle Type (USD Billion), 2018-2023
4. Africa Electric Bus Market Forecast: Breakup by Vehicle Type (USD Billion), 2024-2032
5. Africa Electric Bus Historical Market: Breakup by Battery Type (USD Billion), 2018-2023
6. Africa Electric Bus Market Forecast: Breakup by Battery Type (USD Billion), 2024-2032
7. Africa Electric Bus Historical Market: Breakup by Battery Capacity (USD Billion), 2018-2023
8. Africa Electric Bus Market Forecast: Breakup by Battery Capacity (USD Billion), 2024-2032
9. Africa Electric Bus Historical Market: Breakup by Bus Length (USD Billion), 2018-2023
10. Africa Electric Bus Market Forecast: Breakup by Bus Length (USD Billion), 2024-2032
11. Africa Electric Bus Historical Market: Breakup by Range (USD Billion), 2018-2023
12. Africa Electric Bus Market Forecast: Breakup by Range (USD Billion), 2024-2032
13. Africa Electric Bus Historical Market: Breakup by Power Output (USD Billion), 2018-2023
14. Africa Electric Bus Market Forecast: Breakup by Power Output (USD Billion), 2024-2032
15. Africa Electric Bus Historical Market: Breakup by Application (USD Billion), 2018-2023
16. Africa Electric Bus Market Forecast: Breakup by Application (USD Billion), 2024-2032
17. Africa Electric Bus Historical Market: Breakup by End Use (USD Billion), 2018-2023
18. Africa Electric Bus Market Forecast: Breakup by End Use (USD Billion), 2024-2032
19. Africa Electric Bus Historical Market: Breakup by Country (USD Billion), 2018-2023
20. Africa Electric Bus Market Forecast: Breakup by Country (USD Billion), 2024-2032
21. Africa Electric Bus Market Structure
Key Questions Answered in the Report
The market reached a value of approximately USD 1.60 billion in 2023.
The market is projected to grow at a CAGR of 14.1% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 5.24 billion by 2032.
The major market drivers include increased adoption of electric buses due to no tailpipe emissions and economic efficiency of the vehicle.
The key trends fuelling the growth of the market include social and community benefits offered by adoption of electric buses and requirement for less maintenance due to presence of fewer components.
The major countries in the market are South Africa, Egypt, Nigeria, and Algeria, among others.
The significant propulsion types available in the market include battery electric vehicle, plug-in hybrid electric vehicle, and fuel cell electric vehicle.
The key players in the market are Mercedes-Benz Group AG, Kiira Motors Corporation, BYD Motors, Inc., MiPower Electric Bus (Masala Ramabulana Holdings), Yutong Bus Co., Ltd., Xiamen King Long International Trading Co.,Ltd., Volvo Group, Tata Sons Private Limited, Roam, and BasiGo, among others.
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