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Ethanol Bus Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

September 2023 | 145 pages | ID: E2E3FE8FFAD0EN
IMARC Group

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Market Overview 2023-2028:

The global ethanol bus market size reached US$ 1,460.7 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 2,717.3 Million by 2028, exhibiting a growth rate (CAGR) of 11.05% during 2023-2028.

An ethanol bus is a passenger bus that uses ethanol as a fuel source. Ethanol is produced from agricultural feedstock, plant materials (switchgrass and wood pulp), starchy crops (corn, sorghum and barley) and sweet crops (sugarcane, citrus and sugar beets). In comparison to traditional diesel- and petrol-run buses, these vehicles are environment-friendly, cost-effective and reduce the overall dependency of fossil fuels. Owing to this, they are widely being adopted by public and government institutions for mass transportation.

The increasing adoption of green fuels, along with the introduction of environment-friendly automobiles, is one of the key factors driving the growth of the market. There is an increasing preference for first-generation biofuels (bioethanol) that are manufactured using sugars and oils found in crops, followed by second-generation biofuels, which are produced using lignocellulosic biomass or woody crops, agricultural residues, and waste. Furthermore, increasing environmental consciousness and the implementation of government initiatives to minimize air pollution level, are also providing a boost to the market growth. For instance, emerging nations, such as India, are launching ethanol buses on a large-scale to minimize carbon and greenhouse gas (GHG) emissions into the environment and offer a cost-effective mode of public transport. Additionally, various technological advancements in the manufacturing processes of ethanol and other biofuels are also creating a positive outlook for the market. The improvements in biomass and yeast performance have enhanced the efficiency of bioethanol production.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global ethanol bus market report, along with forecasts at the global, regional and country levels from 2023-2028. Our report has categorized the market based on type, application and ethanol source.

Breakup by Type:

First-Generation Ethanol Bus
Second-Generation Ethanol Bus

Breakup by Application:

School
Municipal Traffic
Others

Breakup by Ethanol Source:

Corn
Sugarcane
Wheat
Others

Breakup by Region:

North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Others
Europe
Germany
France
United Kingdom
Italy
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being AUDI AG, Fiat Chrysler Automobiles N.V., Ford Motor Credit Company LLC, General Motors Company, Isuzu Motors Limited, Jaguar Land Rover Limited, Deere & Company, Nissan Motor Company, Scania CV AB, Toyota Motor Corporation, and Volkswagen AG.

Key Questions Answered in This Report

1. What is the expected growth rate of the global ethanol bus market during 2023-2028?
2. What are the key factors driving the global ethanol bus market?
3. What has been the impact of COVID-19 on the global ethanol bus market?
4. What is the breakup of the global ethanol bus market based on the type?
5. What is the breakup of the global ethanol bus market based on the application?
6. What is the breakup of the global ethanol bus market based on the ethanol source?
7. What are the key regions in the global ethanol bus market?
8. Who are the key players/companies in the global ethanol bus market?
1 PREFACE

2 SCOPE AND METHODOLOGY

2.1Objectives of the Study
2.2Stakeholders
2.3Data Sources
  2.3.1Primary Sources
  2.3.2Secondary Sources
2.4Market Estimation
  2.4.1Bottom-Up Approach
  2.4.2Top-Down Approach
2.5Forecasting Methodology

3 EXECUTIVE SUMMARY

4 INTRODUCTION

4.1Overview
4.2Key Industry Trends

5 GLOBAL ETHANOL BUS MARKET

5.1Market Overview
5.2Market Performance
5.3Impact of COVID-19
5.4Market Forecast

6 MARKET BREAKUP BY TYPE

6.1First-Generation Ethanol Bus
  6.1.1 Market Trends
  6.1.2 Market Forecast
6.2Second-Generation Ethanol Bus
  6.2.1 Market Trends
  6.2.2 Market Forecast

7 MARKET BREAKUP BY APPLICATION

7.1School
  7.1.1 Market Trends
  7.1.2 Market Forecast
7.2Municipal Traffic
  7.2.1 Market Trends
  7.2.2 Market Forecast
7.3Others
  7.3.1 Market Trends
  7.3.2 Market Forecast

8 MARKET BREAKUP BY ETHANOL SOURCE

8.1Corn
  8.1.1 Market Trends
  8.1.2 Market Forecast
8.2Sugarcane
  8.2.1 Market Trends
  8.2.2 Market Forecast
8.3Wheat
  8.3.1 Market Trends
  8.3.2 Market Forecast
8.4Others
  8.4.1 Market Trends
  8.4.2 Market Forecast

9 MARKET BREAKUP BY REGION

9.1North America
  9.1.1 United States
    9.1.1.1 Market Trends
    9.1.1.2 Market Forecast
  9.1.2 Canada
    9.1.2.1 Market Trends
    9.1.2.2 Market Forecast
9.2Asia Pacific
  9.2.1 China
    9.2.1.1 Market Trends
    9.2.1.2 Market Forecast
  9.2.2 Japan
    9.2.2.1 Market Trends
    9.2.2.2 Market Forecast
  9.2.3 India
    9.2.3.1 Market Trends
    9.2.3.2 Market Forecast
  9.2.4 South Korea
    9.2.4.1 Market Trends
    9.2.4.2 Market Forecast
  9.2.5 Others
    9.2.5.1 Market Trends
    9.2.5.2 Market Forecast
9.3Europe
  9.3.1 Germany
    9.3.1.1 Market Trends
    9.3.1.2 Market Forecast
  9.3.2 France
    9.3.2.1 Market Trends
    9.3.2.2 Market Forecast
  9.3.3 United Kingdom
    9.3.3.1 Market Trends
    9.3.3.2 Market Forecast
  9.3.4 Italy
    9.3.4.1 Market Trends
    9.3.4.2 Market Forecast
  9.3.5 Russia
    9.3.5.1 Market Trends
    9.3.5.2 Market Forecast
  9.3.6 Others
    9.3.6.1 Market Trends
    9.3.6.2 Market Forecast
9.4Latin America
  9.4.1 Brazil
    9.4.1.1 Market Trends
    9.4.1.2 Market Forecast
  9.4.2 Mexico
    9.4.2.1 Market Trends
    9.4.2.2 Market Forecast
  9.4.3 Others
    9.4.3.1 Market Trends
    9.4.3.2 Market Forecast
9.5Middle East and Africa
  9.5.1 Market Trends
  9.5.2 Market Breakup by Country
  9.5.3 Market Forecast

10 SWOT ANALYSIS

10.1Overview
10.2Strengths
10.3Weaknesses
10.4Opportunities
10.5Threats

11 VALUE CHAIN ANALYSIS

11.1Overview
11.2Inbound Logistics
11.3Operations
11.4Outbound Logistics
11.5Marketing and Sales
11.6Post Sales Services

12 PORTERS FIVE FORCES ANALYSIS

12.1Overview
12.2Bargaining Power of Buyers
12.3Bargaining Power of Suppliers
12.4Degree of Competition
12.5Threat of New Entrants
12.6Threat of Substitutes

13 PRICE INDICATORS

14 COMPETITIVE LANDSCAPE

14.1Market Structure
14.2Key Players
14.3Profiles of Key Players
  14.3.1AUDI AG
    14.3.1.1 Company Overview
    14.3.1.2 Product Portfolio
    14.3.1.3 Financials
    14.3.1.4 SWOT Analysis
  14.3.2Fiat Chrysler Automobiles N.V.
    14.3.2.1 Company Overview
    14.3.2.2 Product Portfolio
    14.3.2.3 Financials
  14.3.3Ford Motor Credit Company LLC
    14.3.3.1 Company Overview
    14.3.3.2 Product Portfolio
    14.3.3.3 Financials
    14.3.3.4 SWOT Analysis
  14.3.4General Motors Company
    14.3.4.1 Company Overview
    14.3.4.2 Product Portfolio
    14.3.4.3 Financials
    14.3.4.4 SWOT Analysis
  14.3.5Isuzu Motors Limited
    14.3.5.1 Company Overview
    14.3.5.2 Product Portfolio
    14.3.5.3 Financials
    14.3.5.4 SWOT Analysis
  14.3.6Jaguar Land Rover Limited
    14.3.6.1 Company Overview
    14.3.6.2 Product Portfolio
    14.3.6.3 Financials
  14.3.7Deere & Company
    14.3.7.1 Company Overview
    14.3.7.2 Product Portfolio
    14.3.7.3 Financials
    14.3.7.4 SWOT Analysis
  14.3.8Nissan Motor Company
    14.3.8.1 Company Overview
    14.3.8.2 Product Portfolio
    14.3.8.3 Financials
    14.3.8.4 SWOT Analysis
  14.3.9Scania CV AB
    14.3.9.1 Company Overview
    14.3.9.2 Product Portfolio
    14.3.9.3 Financials
    14.3.9.4 SWOT Analysis
  14.3.10Toyota Motor Corporation
    14.3.10.1 Company Overview
    14.3.10.2 Product Portfolio
    14.3.10.3 Financials
    14.3.10.4 SWOT Analysis
  14.3.11Volkswagen AG
    14.3.11.1 Company Overview
    14.3.11.2 Product Portfolio
    14.3.11.3 Financials
    14.3.11.4 SWOT Analysis

LIST OF TABLES

Table 1: Global: Ethanol Bus Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Ethanol Bus Market Forecast: Breakup by Type (in Million US$), 2023-2028
Table 3: Global: Ethanol Bus Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 4: Global: Ethanol Bus Market Forecast: Breakup by Ethanol Source (in Million US$), 2023-2028
Table 5: Global: Ethanol Bus Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 6: Global: Ethanol Bus Market: Competitive Structure
Table 7: Global: Ethanol Bus Market: Key Player

LIST OF FIGURES

Figure 1: Global: Ethanol Bus Market: Major Drivers and Challenges
Figure 2: Global: Ethanol Bus Market: Value Trends (in Million US$), 2017-2022
Figure 3: Global: Ethanol Bus Market: Breakup by Type (in %), 2022
Figure 4: Global: Ethanol Bus Market: Breakup by Application (in %), 2022
Figure 5: Global: Ethanol Bus Market: Breakup by Ethanol Source (in %), 2022
Figure 6: Global: Ethanol Bus Market: Breakup by Region (in %), 2022
Figure 7: Global: Ethanol Bus Market Forecast: Value Trends (in Million US$), 2023-2028
Figure 8: Global: Ethanol Bus (First-Generation Ethanol Bus) Market: Value Trends (in Million US$), 2017 & 2022
Figure 9: Global: Ethanol Bus (First-Generation Ethanol Bus) Market Forecast: Value Trends (in Million US$), 2023-2028
Figure 10: Global: Ethanol Bus (Second-Generation Ethanol Bus) Market: Value Trends (in Million US$), 2017 & 2022
Figure 11: Global: Ethanol Bus (Second-Generation Ethanol Bus) Market Forecast: Value Trends (in Million US$), 2023-2028
Figure 12: Global: Ethanol Bus (School) Market: Value Trends (in Million US$), 2017 & 2022
Figure 13: Global: Ethanol Bus (School) Market Forecast: Value Trends (in Million US$), 2023-2028
Figure 14: Global: Ethanol Bus (Municipal Traffic) Market: Value Trends (in Million US$), 2017 & 2022
Figure 15: Global: Ethanol Bus (Municipal Traffic) Market Forecast: Value Trends (in Million US$), 2023-2028
Figure 16: Global: Ethanol Bus (Others) Market: Value Trends (in Million US$), 2017 & 2022
Figure 17: Global: Ethanol Bus (Others) Market Forecast: Value Trends (in Million US$), 2023-2028
Figure 18: Global: Ethanol Bus (Corn) Market: Value Trends (in Million US$), 2017 & 2022
Figure 19: Global: Ethanol Bus (Corn) Market Forecast: Value Trends (in Million US$), 2023-2028
Figure 20: Global: Ethanol Bus (Sugarcane) Market: Value Trends (in Million US$), 2017 & 2022
Figure 21: Global: Ethanol Bus (Sugarcane) Market Forecast: Value Trends (in Million US$), 2023-2028
Figure 22: Global: Ethanol Bus (Wheat) Market: Value Trends (in Million US$), 2017 & 2022
Figure 23: Global: Ethanol Bus (Wheat) Market Forecast: Value Trends (in Million US$), 2023-2028
Figure 24: Global: Ethanol Bus (Others) Market: Value Trends (in Million US$), 2017 & 2022
Figure 25: Global: Ethanol Bus (Others) Market Forecast: Value Trends (in Million US$), 2023-2028
Figure 26: North America: Ethanol Bus Market: Value Trends (in Million US$), 2017 & 2022
Figure 27: North America: Ethanol Bus Market Forecast: Value Trends (in Million US$), 2023-2028
Figure 28: United States: Ethanol Bus Market: Value Trends (in Million US$), 2017 & 2022
Figure 29: United States: Ethanol Bus Market Forecast: Value Trends (in Million US$), 2023-2028
Figure 30: Canada: Ethanol Bus Market: Value Trends (in Million US$), 2017 & 2022
Figure 31: Canada: Ethanol Bus Market Forecast: Value Trends (in Million US$), 2023-2028
Figure 32: Asia Pacific: Ethanol Bus Market: Value Trends (in Million US$), 2017 & 2022
Figure 33: Asia Pacific: Ethanol Bus Market Forecast: Value Trends (in Million US$), 2023-2028
Figure 34: China: Ethanol Bus Market: Value Trends (in Million US$), 2017 & 2022
Figure 35: China: Ethanol Bus Market Forecast: Value Trends (in Million US$), 2023-2028
Figure 36: Japan: Ethanol Bus Market: Value Trends (in Million US$), 2017 & 2022
Figure 37: Japan: Ethanol Bus Market Forecast: Value Trends (in Million US$), 2023-2028
Figure 38: India: Ethanol Bus Market: Value Trends (in Million US$), 2017 & 2022
Figure 39: India: Ethanol Bus Market Forecast: Value Trends (in Million US$), 2023-2028
Figure 40: South Korea: Ethanol Bus Market: Value Trends (in Million US$), 2017 & 2022
Figure 41: South Korea: Ethanol Bus Market Forecast: Value Trends (in Million US$), 2023-2028
Figure 42: Others: Ethanol Bus Market: Value Trends (in Million US$), 2017 & 2022
Figure 43: Others: Ethanol Bus Market Forecast: Value Trends (in Million US$), 2023-2028
Figure 44: Europe: Ethanol Bus Market: Value Trends (in Million US$), 2017 & 2022
Figure 45: Europe: Ethanol Bus Market Forecast: Value Trends (in Million US$), 2023-2028
Figure 46: Germany: Ethanol Bus Market: Value Trends (in Million US$), 2017 & 2022
Figure 47: Germany: Ethanol Bus Market Forecast: Value Trends (in Million US$), 2023-2028
Figure 48: France: Ethanol Bus Market: Value Trends (in Million US$), 2017 & 2022
Figure 49: France: Ethanol Bus Market Forecast: Value Trends (in Million US$), 2023-2028
Figure 50: United Kingdom: Ethanol Bus Market: Value Trends (in Million US$), 2017 & 2022
Figure 51: United Kingdom: Ethanol Bus Market Forecast: Value Trends (in Million US$), 2023-2028
Figure 52: Italy: Ethanol Bus Market: Value Trends (in Million US$), 2017 & 2022
Figure 53: Italy: Ethanol Bus Market Forecast: Value Trends (in Million US$), 2023-2028
Figure 54: Russia: Ethanol Bus Market: Value Trends (in Million US$), 2017 & 2022
Figure 55: Russia: Ethanol Bus Market Forecast: Value Trends (in Million US$), 2023-2028
Figure 56: Others: Ethanol Bus Market: Value Trends (in Million US$), 2017 & 2022
Figure 57: Others: Ethanol Bus Market Forecast: Value Trends (in Million US$), 2023-2028
Figure 58: Latin America: Ethanol Bus Market: Value Trends (in Million US$), 2017 & 2022
Figure 59: Latin America: Ethanol Bus Market Forecast: Value Trends (in Million US$), 2023-2028
Figure 60: Brazil: Ethanol Bus Market: Value Trends (in Million US$), 2017 & 2022
Figure 61: Brazil: Ethanol Bus Market Forecast: Value Trends (in Million US$), 2023-2028
Figure 62: Mexico: Ethanol Bus Market: Value Trends (in Million US$), 2017 & 2022
Figure 63: Mexico: Ethanol Bus Market Forecast: Value Trends (in Million US$), 2023-2028
Figure 64: Others: Ethanol Bus Market: Value Trends (in Million US$), 2017 & 2022
Figure 65: Others: Ethanol Bus Market Forecast: Value Trends (in Million US$), 2023-2028
Figure 66: Middle East and Africa: Ethanol Bus Market: Value Trends (in Million US$), 2017 & 2022
Figure 67: Middle East and Africa: Ethanol Bus Market Forecast: Value Trends (in Million US$), 2023-2028
Figure 68: Global: Ethanol Bus Industry: SWOT Analysis
Figure 69: Global: Ethanol Bus Industry: Value Chain Analysis
Figure 70: Global: Ethanol Bus Industry: Porter’s Five Forces Analysis


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