North American electric bus market is estimated to grow at an exponential CAGR during the forecast period. The rising acceptance of the electric buses owing to the growing environmental concerns along with the available federal and private funding are the key factors to propel the growth of the electric buses market in North America. In 2018, the Foothill Transit ordered its first double decker electric bus based on drivetrain technology from Alexander Dennisto run on the streets of the Californian city. Further, in 2019, the Low or No Emission Grant program awarded grants of nearly $85 million to over 50 state and local governments to promote the adoption of electric buses which in turn will drive the regional growth of the market. 

The market is segmented on the basis of bus type, battery type, end-user, and country. Based on bus type, the market is sub-segmented into hybrid electric bus, fuel cell electric bus, and battery electric bus. Based on the battery type, the market is sub-segmented into NiMH, Li-Ion, and others. Based on end-user, the market is sub-segmented into government and fleet owner. The government is anticipated to hold considerable share based on end-user owing to its active involvement in purchase of electric buses to reduce the level of greenhouse gases. Based on the country, the market is segmented into the US and Canada.

The key player of the market including Proterra Inc. and Daimler are looking at the electrification of school buses in North America. For this purpose, in 2018, both Proterra Inc. and Daimler have entered into an agreement to explore the electrification of select Daimler heavy-duty vehicles. Further, in June 2019, Proterra Inc. announced that the company has been selected as a vendor by the Virginia Department of General Services to supply zero-emission battery-electric buses and charging stations for its Statewide Contract. Thus, the presence of key market players is making considerable contribution towards the growth of the North American electric bus market.

Research Methodology

The market study of the North American Electric Bus market is incorporated by extensive primary and secondary research conducted by the research team.  Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include

• Financial reports of companies involved in the market.
• Whitepapers, research-papers, and news blogs.
• Company websites and their product catalog.

The report provides an in-depth analysis on market size, intended quality of the service preferred by consumers. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

1. North American Electric Bus Market Research and Analysis by Bus type 

2. North American Electric Bus Market Research and Analysis by Battery Type

3. North American Electric Bus Market Research and Analysis by End-User

The Report Covers

• Comprehensive research methodology of the North American Electric Bus market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the North American Electric Bus market.
• Insights about market determinants which are stimulating the North American Electric Bus market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.