Europe Electric Bus Charging Station Market by Product, Charger, Connector, Charging, Country, Growth and Demand Forecast, 2013–2023

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The European electric bus charging station market is forecasted to grow at a significant rate in the coming years, owing to commercial roll-out of electric buses by the national governments of different countries in the region; incentives including tax reductions or exemptions, subsidies, and grants offered by the governments on the purchase of the electric buses; and technological innovations.

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Based on the product, the European electric bus charging station market has been categorized into plug-in charging, pantograph charging, and inductive charging. Plug-in charging is the simplest option as it requires the least additional equipment, but needs long charging time.

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The U.K. leads the European electric bus charging station market, owing to the ambitious plans of local governments to shift toward electrification of their existing bus fleet. In 2017, the U.K. had the largest electric bus fleet in Europe, with less than one percent share of electric buses in the overall municipal bus fleet.

A technical standard is important for OEMs and charging infrastructure providers to cater a particular plug designs or voltage rating. The formulation of the international electric bus charging standards is in early stage and is expected to be finalized by ISO/IEC by 2020. Until then, the lack of standardization will continue hampering the growth of the European electric bus charging station market.

The European electric bus charging station market is marked by growing number of collaborations between the electric bus charging technology providers and electric bus manufacturers. Some of the key players in the market are ABB Ltd., Bombardier Inc., Ekoenergetyka-Polska Sp.z o.o., Heliox B.V., JEMA Energy SA, Powerdale SCRL, Schunk Carbon Technology, and Siemens Mobility GmbH.

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