MENA Electric Bus Market Overview
According to SPER Market Research, the MENA Electric Bus Market is estimated to reach USD XX billion by 2033 with a CAGR XX%.
Electric buses are modes of public transportation that run on electricity rather than fossil fuels. Electric motors are used, which are driven by rechargeable batteries or overhead charging systems. These buses are popular because of their environmental advantages, such as zero emissions and increased air quality. They are more energy-efficient and quieter than ordinary buses, resulting in lower running costs and less reliance on fossil fuels. Modern electric buses may go 100 to 300 km on a single charge, and fast-charging facilities have been installed to quickly recharge batteries.
Exploring the Growth Drivers of the MENA Electric Bus Industry
The Middle East and North Africa (MENA) electric bus market continues to grow because of government initiatives, growing environmental concerns, and economic benefits. Governments in the region are taking steps to promote sustainable mobility, such as granting incentives and subsidies to encourage the use of electric buses. The increased public awareness of air pollution and climate change is increasing demand for clean transport, with electric buses viewed as viable options. Furthermore, despite higher initial prices, electric buses offer long-term cost advantages through lower fuel bills and simplified drivetrains. These characteristics contribute to a favourable market climate for electric buses in the MENA area, solving environmental concerns while giving economic benefits during the vehicle's lifetime.
What challenges does the MENA Electric Bus Market face?
The MENA electric bus market has problems such as inadequate charging infrastructure, expensive upfront costs, lack of qualified technician, and battery technology constraints. To accommodate the rising fleet of electric buses, a dependable charging network must be established. High initial costs stymie wider adoption, necessitating financial incentives and access to capital. A issue is the scarcity of technicians educated in electric bus repair, necessitating training programmes to establish a professional workforce. To address concerns about long-distance travel and routes with limited charging infrastructure, battery technology and range limits require further developments. Overcoming these obstacles will be critical in promoting the growth and adoption of electric buses in the MENA area.
In what ways has the COVID-19 pandemic affected MENA Electric Bus Market?
The MENA (Middle East and North Africa) electric bus market has been significantly impacted by the COVID-19 outbreak. During this time, the market faced a number of problems and disruptions. For first of all, numerous infrastructure projects and purchases have been postponed due to financial constraints and resource reallocation to urgent healthcare requirements. Second, worldwide supply chain disruptions resulted in factory closures and production and delivery delays, reducing the availability of electric buses and components. Third, lower public transit passengers reduced demand for public transport services, slowing the uptake and utilisation of electric buses. Furthermore, funding restrictions and shifting priorities moved attention and resources away from efforts promoting sustainable mobility.
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Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Vehicle Type, By Hybrid Powertrain, By Battery, By End User.
|
| Regions covered | Bahrain, Iraq, Jordan, Kuwait, Lebanon, Morocco, Oman, Rest of Middle East and North America.
|
| Companies Covered | AB Volvo, BYD Company Ltd, CAF Group (Bus & Coach), Daimler AG, King Long United Automotive Industry Co Ltd.
|
Key Target Audience
- Government Authorities
- Transit Agencies and Operators
- City Planners and Urban Development Authorities
- Electric Bus Manufacturers and Suppliers
- MENA Electric Bus Market Segmentation:
MENA Electric Bus Market Segmentation:
1. By Vehicle Type:
- MENA Electric Bus Market Value Share and Forecast, By Vehicle Type, 2023-2033
- Battery-Electric Bus
- Hybrid Electric Bus
- Electric Bus
- Plug- in Hybrid Electric Bus
2. By Hybrid Powertrain:
- MENA Electric Bus Market Value Share and Forecast, By Hybrid Powertrain, 2023-2033
- Series-Parallel Hybrid
- Parallel Hybrid
- Series Hybrid
3. By Battery:
- MENA Electric Bus Market Value Share and Forecast, By Battery, 2023-2033
- Lithium Iron Phosphate
- Lithium Nickel Manganese Cobalt Oxide
4. By End User:
- MENA Electric Bus Market Value Share and Forecast, By End User, 2023-2033
- Public
- Private
5. By Region:
- Bahrain
- Iraq
- Jordan
- Kuwait
- Lebanon
- Morocco
- Oman
- Rest of Middle East and North America
Key Topics Covered in the Report
- MENA Electric Bus Market Size (FY’2023-FY’2033)
- Overview of MENA Electric Bus Market
- Segmentation of MENA Electric Bus Market By Vehicle Type (Battery-Electric Bus, Hybrid Electric Bus, Electric Bus, Plug-in Hybrid Bus)
- Segmentation of MENA Electric Bus Market By Hybrid Powertrain (Series-Parallel Hybrid, Series Hybrid)
- Segmentation of MENA Electric Bus Market By Battery (Lithium Iron Phosphate, Parallel Hybrid, Series Hybrid)
- Segmentation of MENA Electric Bus Market By End User (Public, Private)
- Statistical Snap of MENA Electric Bus Market
- Growth Analysis of MENA Electric Bus Market
- Problems and Challenges in MENA Electric Bus Market
- Competitive Landscape in the MENA Electric Bus Market
- Impact of COVID-19 and Demonetization on MENA Electric Bus Market
- Details on Recent Investment in MENA Electric Bus Market
- Competitive Analysis of MENA Electric Bus Market
- Key Players in the MENA Electric Bus Market
- SWOT Analysis of MENA Electric Bus Market
- MENA Electric Bus Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the MENA Electric Bus Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. MENA Electric Bus Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in MENA Electric Bus Market
7. MENA Electric Bus Market, By Vehicle Type (USD Million)
7.1. MENA Electric Bus Market Value Share and Forecast, By Vehicle Type, 2023-2033
7.2. Battery-Electric Bus
7.3. Hybrid Electric Bus
7.4. Electric Bus
7.5. Plug- in Hybrid Electric Bus
8. MENA Electric Bus Market, By Hybrid Powertrain (USD Million)
8.1. MENA Electric Bus Market Value Share and Forecast, By Hybrid Powertrain, 2023-2033
8.2. Series-Parallel Hybrid
8.3. Parallel Hybrid
8.4. Series Hybrid
9. MENA Electric Bus Market, By Battery (USD Million)
9.1. MENA Electric Bus Market Value Share and Forecast, By Battery, 2023-2033
9.2. Lithium Iron Phosphate
9.3. Lithium Nickel Manganese Cobalt Oxide
10. MENA Electric Bus Market, By End User (USD Million)
10.1. MENA Electric Bus Market Value Share and Forecast, By End User, 2023-2033
10.2. Public
10.3. Private
11. MENA Electric Bus Market Forecast, 2019-2033 (USD Million)
11.1. MENA Electric Bus Market Size and Market Share
12. MENA Electric Bus Market, By Vehicle, 2019-2033 (USD Million)
12.1. MENA Electric Bus Market Size and Market Share by Vehicle (2019-2026)
12.2. MENA Electric Bus Market Size and Market Share by Vehicle (2027-2033)
13. MENA Electric Bus Market, By Hybrid Powertrain, 2019-2033 (USD Million)
13.1. MENA Electric Bus Market Size and Market Share by Hybrid Powertrain (2019-2026)
13.2. MENA Electric Bus Market Size and Market Share by Hybrid Powertrain (2027-2033)
14. MENA Electric Bus Market, By Battery, 2019-2033 (USD Million)
14.1. MENA Electric Bus Market Size and Market Share by Battery (2019-2026)
14.2. MENA Electric Bus Market Size and Market Share by Battery (2027-2033)
15. MENA Electric Bus Market, By End User 2019-2033 (USD Million)
15.1. MENA Electric Bus Market Size and Market Share by End User (2019-2026)
15.2. MENA Electric Bus Market Size and Market Share by End User (2027-2033)
16. MENA Electric Bus Market, By Region, 2019-2033 (USD Million)
16.1. MENA Electric Bus Market Size and Market Share by Region (2019-2026)
16.2. MENA Electric Bus Market Size and Market Share by Region (2027-2033)
16.3. Bahrain
16.4. Iraq
16.5. Jordan
16.6. Kuwait
16.7. Lebanon
16.8. Morocco
16.9. Oman
16.10. Rest of Middle East and North America
17. Company Profile
17.1. AB Volvo
17.1.1. Company details
17.1.2. Financial outlook
17.1.3. Product summary
17.1.4. Recent developments
17.2. BYD Company Ltd
17.2.1. Company details
17.2.2. Financial outlook
17.2.3. Product summary
17.2.4. Recent developments
17.3. CAF Group (Bus & Coach)
17.3.1. Company details
17.3.2. Financial outlook
17.3.3. Product summary
17.3.4. Recent developments
17.4. Daimler AG
17.4.1. Company details
17.4.2. Financial outlook
17.4.3. Product summary
17.4.4. Recent developments
17.5. King Long United Automotive Industry Co Ltd.
17.5.1. Company details
17.5.2. Financial outlook
17.5.3. Product summary
17.5.4. Recent developments
17.6. Others
18. List of Abbreviations
19. Reference Links
20. Conclusion
21. Research Scope