Electric Bus Charging Station Market in U.S. to Boom in Coming Years

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The U.S. government is incorporating a large number of electric buses in its transportation system, on account of increasing environmental concerns. For example, transit operators in Los Angeles and Seattle are committed toward replacing their conventional diesel buses with electric buses. These buses are used for public transport, transit services, and military application. Most of the decisions regarding the purchase of electric buses are taken by the federal or state governments. The rising demand for electric buses will increase the number of electric bus charging stations to recharge these buses.

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Moreover, rapid shift toward depot charge buses from on-route charge buses will aid the U.S. electric bus charging station market to grow, with 37.1% CAGR, during 2019–2025. At this rate, the market value is expected to reach $184.5 million by 2025 from $20.9 million in 2018. Currently, manufacturers of electric buses offer two standard models — buses with smaller on-board batteries that require more frequent charging during the journey and offers short range, and buses with larger on-board batteries that offer extended range, but are designed for slow, overnight charging.

The U.S. electric bus charging station market is still evolving and it is characterized by the presence of a few major players,which include Heliox B.V., Advanced Vehicle Manufacturing (AVM) Inc., ABB Ltd., Proterra Inc., and Siemens Mobility GmbH. These companies are focusing on product launches to increase their share. For example, in May 2018, Proterra Inc. introduced a new high-power DC charger at the American Public Transportation Association (APTA) Bus & Paratransit Conference. The charger can be used with J3105 roof-mounted overhead and inverted charging systems and J1772 CCS plug-in.

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Thus, the increasing support from the U.S. government and the rapid adoption of wireless charging systems will boost the demand for electric charging stations across the country. 

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