Report Feature
The future of the electric bus market in Turkey looks promising with opportunities in the public and private transportation. The major drivers for this market are increasing gasoline prices, government subsidies as tax benefits to promote electric buses, and stringent environmental regulations to reduce air pollution.
Emerging trends, which have a direct impact on the dynamics of the industry, include development of low cost lithium ion batteries and integrated software solutions for better optimization of bus performance.
A total of 25 figures / charts and 12 tables are provided in this 60-page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of electric bus market in Turkey report download the report brochure.
Electric Bus Market in Turkey by Segment:
2014-2025 (US $M) (Randomized Data)
2014-2025 (US $M) (Randomized Data)
Trends and Forecasts for Electric Bus Market in Turkey:
2014-2025 (US $M) (Randomized Data)
The study includes the market size and forecast for the electric bus market in Turkey by vehicle type, battery type, charging infrastructure, length type, and end use type as follows:
Electric Bus Market by Vehicle Type [$M shipment analysis from 2014 to 2025]:
- Battery Electric Bus
- Plug-In Hybrid Electric Bus
- Hybrid Electric Bus
Electric Bus Market by Battery Type [$M shipment analysis from 2014 to 2025]:
- Lithium Iron phosphate (LFP)
- Nickel Manganese Cobalt Oxide (NMC)
- Others
Electric Bus Market by Charging Infrastructure [$M shipment analysis from 2014 to 2025]:
- Plug-in
- Conductive
- Others
Electric Bus Market by Length Type [$M shipment analysis from 2014 to 2025]:
- Small Bus (<10 Meter)
- Large Bus ( >10 Meter)
Electric Bus Market by End Use Type [$M shipment analysis from 2014 to 2025]:
- Public
- Private
Lucintel forecasts that battery electric bus will remain the largest segment and it is also expected to witness the highest growth over the forecast period due to declining battery prices and government initiatives, such as tax benefits and subsidies to promote electric transportation.
Within this market lithium iron phosphate, nickel manganese cobalt oxide (NMC), lithium metal polymer, nickel-metal hydride, and lithium titanate oxide rechargeable batteries are used in electric bus. On the basis of its comprehensive research, Lucintel forecasts that lithium iron phosphate (LFP) will remain the largest segment due to its economical cost and long cycle life. Nickel manganese cobalt oxide (NMC) battery is expected to witness highest growth over the forecast period due to its faster charging rate and higher energy density properties.
Some of the features of “Opportunities of Electric Bus Market in Turkey 2014-2025: Trends, Forecast and Competitive Analysis” include:
- Market size estimates: Electric bus market size estimation in terms of value ($M) shipment.
- Trend and forecast analysis: Electric bus market trend (2014-2019) and forecast (2020-2025) by vehicle type, battery type, charging infrastructure, length type, and end use type.
- Segmentation analysis: Electric bus market size by vehicle type (Plug-in hybrid electric bus, Hybrid electric bus, Battery electric bus), battery type (Lithium Iron Phosphate, Nickel Manganese Cobalt Oxide (NMC), Others), charging infrastructure (inductive, conductive, and plugin), length type {small bus(<10 Meter) and large bus(>10Meter)}, and end-use type (public and private) in terms of value
- Growth opportunities: Analysis on growth opportunities in different vehicle type, battery type, charging infrastructure, length type, and end use type of electric bus in the electric bus market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
Table of Contents
1. Executive Summary
5.2 Emerging Trends in the Electric Bus Market
6. Company Profiles of Leading Player
5.1.1 Growth Opportunities for the Electric Bus Market in Turkey by Vehicle Type
5.1.2 Growth Opportunities for the Electric Bus Market in Turkey by Battery Type
5.1.3 Growth Opportunities for the Electric Bus Market in Turkey by Charging Infrastructure
5.1.4 Growth Opportunities for the Electric Bus Market in Turkey by Length Type
5.1.5 Growth Opportunities for the Electric Bus Market in Turkey by End Use Type
Methodology
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in this market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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Key Questions
- • What are some of the most promising, high-growth opportunities for the electric bus market in Turkey by vehicle type (Plug-in hybrid electric bus, Hybrid electric bus, Battery electric bus), battery type (Lithium Iron Phosphate, Nickel Manganese Cobalt Oxide (NMC), Others), charging infrastructure (inductive, conductive, and plugin), length type {small bus(<10 Meter) and large bus(>10Meter)}, and end-use type (public and private)?
- • Which segments will grow at a faster pace and why?
- • What are the key factors affecting market dynamics? What are the key challenges and business risks in this electric bus market?
- • What are the business risks and competitive threats in this electric bus market?
- • What are the emerging trends in this electric bus market and the reasons behind them?
- • What are some of the changing demands of customers in the electric bus market?
- • What are the new developments in the electric bus market? Which companies are leading these developments?
