Automotive and Transportation Electric Bus Charging Station Market Research Data | Page 2

Electric Bus Charging Station Market
The electric bus charging station market is predicted to attain a size of $12.3 billion by 2025, progressing at a
9.7% CAGR during the forecast period. Increasing government initiatives and regulations, rapid adoption of
electric buses in the public feet, and several investments being made for the development of e-bus charging
stations are some of the key factors behind the growth of the market. Currently, the market is at the early stage
of advancements, and it significantly depends on government funding and other beneficial schemes.
Based on type, the electric bus charging station market is categorized into opportunity, depot, and inductive
charging. Out of these, in 2018, depot charging led the market in terms of sales volume. This is attributed to the
increasing inclination of private and public transport agencies toward overnight-charging buses, as their
operational features are quite similar to those of diesel buses. Further, on the basis of charger, the market is
bifurcated into on-board and off-board.
P&S Intelligence