Global Electric Bus Pantograph Market by Charging type (Level 1, Level 2, and Direct Current Fast Charging (DCFC)), by Component type (Hardware and Software), Charging infrastructure (off-board top-down pantograph and On-Board Bottom-Up Pantograph) and Region (North America, Europe, Asia-Pacific, and Rest of the World) Analysis and Forecast 2021 - 2030
Industry: Automotive & TransportationThe Global Electric Bus Pantograph Market to increase in value from its 2021 market value of USD 1970.74 million to USD 5437.6 million by 2030, representing a CAGR of around 17% over the forecast period (2022 - 2030). A pantograph, which automatically makes contact between the bus and the charging infrastructure, is typically used to charge battery-powered buses. There are currently two ways to make this contact. When a charge is needed, the pantograph can be put on the electric bus' roof and raised, or it can be mounted on the infrastructure for charging and move downward.
A charging station with a roof that spans the street is called a Pantograph charger. As the bus reaches the charging station, contacts from the overhead charger are lowered onto a pantograph and connected to rails on the front roof of the vehicle. With increasing government initiatives, the market for electric bus charging infrastructure is developing quickly. To accomplish clean air goals and cut greenhouse gas emissions, governments are starting more initiatives to electrify transportation. The market is expanded thanks to this facilities and charging stations for electric cars and trucks.
Driving Factor
Leading electric utility companies collaborate with manufacturers of electric vehicles to create charging stations that are suitable for electric vehicles. Electric vehicle (EV) sales are rising, which raises the need for effective charging facilities. Plans to construct the infrastructure for electric public transportation are becoming more prevalent as part of smart city initiatives. Electric vehicles are now considered to be the best alternative transportation options due to rising fuel prices and shortage.
Governments promote the use of EVs because of the growing environmental challenges that are made worse by the use of fossil fuels like gasoline and diesel. These elements, along with the numerous benefits electric vehicles have over conventional fuel-powered cars, encourage the selling of EVs and the demand for charging stations.
The demand for charging stations is also fuelled by OEMs' increased focus on linked EV charging solutions, which expands the market. The increase in electric bus traffic on major metropolitan highways around the world over the past several years is a glaring indication of the expanding need for charging stations.
Restraining Factor
The market is expanding due to the penetration of electric buses, changes in time and plug types, and cheap charging costs.
The market's expansion is hampered by a lack of essential infrastructure and resources to supply the rising demand for power.
The use of government restrictions to prevent environmental pollution has increased along with attempts to reduce greenhouse gas emissions.
COVID 19 Impact
As a result of lockdowns and other restrictions, demand from the transportation industry and other related industries decreased during the first half of 2020, which had a negative effect on the bus pantograph charger market. Delays in electric bus projects and problems with the supply chain have made the market situation worse. The majority of manufacturers and EV charging service providers did, however, resume pantograph charger production with restricted quantities and essential precautions. In addition, sales of electric buses have increased significantly since the second half of 2020, and this trend is anticipated to continue during the projected year. This is expected to focus attention on the industry throughout the forecast period. When all of the events were temporarily stopped, the epidemic caused havoc on all key sectors. Construction, automotive, aviation, aerospace, and defence industries were particularly hard struck, and the harm done to businesses as a result of brief shutdowns limited their ability to produce new deployments.
Market Segmentation
The global Electric Bus Pantograph market is segmented Charging Type, Components, Charging infrastructure and region.
Global Electric Bus Pantograph Market, By Charging Type
The market is divided into Level 1, Level 2, and Direct Current Fast Charging (DCFC) segments based on the kind of charging.
Global Electric Bus Pantograph Market, By Component Type
According to the International Energy Agency, 23% of energy-related CO2 emissions are attributable to the transportation industry. Congested urban areas' growing populations and pollution levels have somewhat altered mobility patterns by accelerating the adoption of electric vehicles.
Global Electric Bus Pantograph Market, By Charging Infrastructure
The market is divided into off-board top-down pantograph and on-board bottom-up pantograph based on charging infrastructure.
The market category that serves the largest percentage of consumers is onboard charging. Any nation's electricity is produced, transmitted, and distributed via alternating current (AC). But electric vehicle batteries must be charged using direct current (DC). In the onboard charging method, the vehicle's onboard charger, which transforms AC power to DC and enables the battery to be charged, receives electricity from the AC charging station.
Global Electric Bus Pantograph Market, By Region
Due to its declining reliance on fossil fuels and concerns about CO2 emissions and other air pollution, Asia-Pacific has the greatest market for electric vehicles worldwide. Additionally, pro-battery electric car government initiatives, such tax breaks, are promoting their use (BEVs). Additionally, in the upcoming years, China, India, Japan, and South Korea are aggressively seeking to improve their institutional collaboration, person-to-person communication, and charging infrastructure.
In 2016, European nations produced more than twice as many electric buses (1,314) than they did in 2015. According to Alexander Dennis Limited (ADL), a British bus manufacturing business, the Netherlands, Switzerland, Poland, and Germany are the countries with the second-highest number of electric buses on the market.
Recent Developments In The Global Electric Bus Pantograph Market
- In May 2022= An overhead electric bus charging system for USD 8.5 million that can charge 24 battery-electric buses at once was put into development by the San Diego Metropolitan System.
- In April 2022= Transports Metropolitans de Barcelona (TMB) has declared that the procurement of up to 83 battery-operated electric buses has begun. These buses will take the place of diesel-powered vehicles that have reached the end of their useful lives in 2023.
- In April 2022= Signed by representatives of Solaris Bus & Coach sp. z o.o. and the board of the operator Miejski Zakad Komunikacji in Grudzidz, the contract calls for the delivery of 17 electric buses. The delivery of the cars as well as that of the pantograph chargers and other charging equipment are both covered by the tender.
- In November 2021= Department of Transport and Road Infrastructure Development of Moscow and e FSUE NAMI State Research Center has launched pilot project with installing innovative charging station with bus-down pantograph at the subsidiary Mosgortrans urban surface public transport operator.
List of Key Market Players
- SCHUNK Group (Germany)
- ABB (Switzerland)
- Siemens AG (Germany)
- Kempower OY (US)
- Daimler AG (Germany)
- Bombardier Inc (Canada)
- ChargePoint Inc (US)
- Proterra (US)
- Kehua Hengsheng Co.Ltd (China)
- Shijiazhuang Tonhe Electronics Technologies Co. Ltd (China)
- XCharge Inc (Germany)
- JEMA ENERGY (Spain)
- EFACEC (Portugal)
Segmentation
By Charging Type
- Level 1
- Level 2
- Direct Current fast Changing (DCFC)
By Component Type
- Hardware
- Software
By Charging Infrastructure
- Off-board top-down Pantograph
- On-Board bottom-up Pantograph
By Region:
North America
- North America, by Country
- U.S.
- Canada
- Mexico
- North America, by Charging Type
- North America, by Component Type
- North America, Charging Infrastructure
Europe
- Europe, by Country
- Germany
- Russia
- U.K.
- France
- Italy
- Spain
- The Netherlands
- Rest of Europe
- Europe, by Charging Type
- Europe, by Component Type
- Europe, by Charging Infrastructure
Asia Pacific
- Asia Pacific, by Country
- China
- India
- Japan
- South Korea
- Australia
- Indonesia
- Rest of Asia Pacific
- Asia Pacific, by Charging Type
- Asia Pacific, by Component Type
- Asia Pacific, by Charging Infrastructure
Middle East & Africa
- Middle East & Africa, by Country
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of Middle East & Africa
- Middle East & Africa, by Charging Type
- Middle East & Africa, by Component Type
- Middle East & Africa, by Charging Infrastructure
South America
- South America, by Country
- Brazil
- Argentina
- Colombia
- Rest of South America
- South America, by Charging Type
- South America, by Component Type
- South America, by Charging Infrastructure
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