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Report
Africa Electric Bus Market Report and Forecast 2024-2032
Market Report I 2023-11-20 I 145 Pages I EMR Inc.
Africa Electric Bus Market Report and Forecast 2024-2032
Market Outlook
According to the report by Expert Market Research (EMR), the Africa electric bus market is projected to grow at a CAGR of 13.50% between 2024 and 2032. Aided by increased environmental awareness and economic benefits offered by electric buses, the market is expected to grow significantly by 2032.
Electric buses represent a transformative leap in public transportation, particularly in regions grappling with air quality issues. These vehicles run on electricity, reducing, or eliminating the emissions common with traditional diesel-powered buses. The integration of technological advancements, like fast-charging capabilities, has further elevated their appeal. In the African context, electric buses are not just a means to transport but an important stride towards a more eco-friendly and sustainable urban future.
The Africa electric bus market growth is underpinned by a range of factors. Topmost is the environmental urgency. Many African cities are witnessing rising pollution levels, exacerbated by a growing population and the influx of old, emission-heavy vehicles. Electric buses present an opportunity to significantly reduce urban emissions and improve air quality.
Moreover, as global conversations around sustainability intensify, several African nations are realising the economic benefits of transitioning to greener alternatives. This transition is being supported by international investments and collaborations aiming to promote cleaner transportation modes in the continent. Electric buses, with their promise of lower operational costs in the long run, are attractive propositions for city administrators and transportation agencies.
Additionally, major Africa electric bus market trends are technological advancements and infrastructural developments. Several countries, with the aid of international partnerships, are establishing charging infrastructure in urban centres, facilitating the adoption of electric buses.
The manufacturing landscape is also evolving, with both local and international players showing keen interest. While international brands bring expertise and advanced technology, local manufacturers ensure better after-sales support and understand the unique challenges and demands of the African market.
Public-private partnerships are becoming instrumental. Governments are collaborating with manufacturers and service providers to ease the financial burden, create favourable policy frameworks, and develop the necessary charging infrastructure which is further augmenting the Africa electric bus market demand.
Market Segmentation
The market can be divided based on propulsion type, battery type, battery capacity, bus length, range, power output, application, end use, and country.
Market Breakup by Propulsion Type
- Battery Electric Vehicle
- Plug-in Hybrid Electric Vehicle
- Fuel Cell Electric Vehicle
Market Breakup by Battery Type
- Lithium Nickel Manganese Cobalt Oxide
- Lithium Iron Phosphate
Market Breakup by Battery Capacity
- Up to 400 kWh
- Above 400 kWh
Market Breakup by Bus Length
- Less Than 9 meters
- 9 To 14 meters
- Above 14 meters
Market Breakup by Range
- Less Than 150 Miles
- 150 To 300 Miles
- Above 300 Miles
Market Breakup by Power Output
- Up to 250 kW
- Above 250 kW
Market Breakup by Application
- Intercity
- Intracity
Market Breakup by End Use
- Public
- Private
Market Breakup by Country
- South Africa
- Egypt
- Nigeria
- Algeria
- Others
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the Africa electric bus market. Some of the major players explored in the report by Expert Market Research are as follows:
- 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
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual 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
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