Global Electric Shuttle Market Insights, Trends & Future Development Status Recorded during 2018-2027
Request Brochure of this Report- https://www.factmr.com/connectus/sample?flag=B&rep_id=722
In an effort to lower the emission levels, government across countries are imposing stringent regulations on manufacturers in various industries. According to the European Commission, cars are responsible for nearly 12% of the overall EU emission of greenhouse gas. To comply with the stringent emission regulations, automotive manufacturers are shifting their focus towards development of electric vehicles for public transport such as electric shuttles.
In a recently conducted survey, Centre for Solar Energy and Hydrogen Research Baden-Württemberg (ZSW) stated that the number of electric vehicles recorded on the roads increased to 3.2 million in 2018. According to the survey conducted, leading brands in China - BAIC, and BYD will account for the largest number of new registrations. However, the market for electric vehicles is concentrated in a few countries such as the U.S., Norway, China, Canada, Japan, Germany, Britain, Sweden, the Netherlands, and France.
To maintain pace with the recent trends in the automotive industry, leading manufacturers are focusing on incorporating innovative software and hardware, radical designs, and lightweight materials. For instance, a French transport company, Bollore Group has developed electronic shuttles that contains a battery backup system, supercapacitors, and LMP battery. The backup power system provides a distance coverage of 30 km LMP and battery enables the customers to cover 2 km on a single charge.
In addition, a subsidiary of Blue Solutions that is owned by Bellore Group, BlueSG Pte Ltd in collaboration with Nanyang Technological University has recently launched the first flash-charging electric shuttle in Singapore. The shuttle undergoes charging at the charging station when passengers alight or board from the vehicle. In addition, the electric shuttle is equipped with quick charging and emission-free features, which enables the vehicle to travel long distances.
For quick and convenient services, individuals prefer booking their seats in the public transports through online rental services while returning back home, traveling to the office, or other events. In order to improve their position in the competitive market, the leading companies are engaging in collaborations with the online rental service provides. This has translated into increasing number of passengers for the electric shuttles.
To know more about the Electric Shuttle Market Visit the link- https://www.factmr.com/report/722/electric-shuttle-market
In addition, to offer enhanced connectivity in the cities, service providers are offering commutation services to the individuals near the metro stations and bus stations. Convenience in booking the seats in the public transportation such as electric shuttles has led to an increase in the number of passengers. Passengers are logging on to various online portals to book their seats in electric shuttles in advance. Some of these rental service portals include OLA, Feedmanseating.com, and SuperShuttle.
To sustain their lead in the competitive market, major companies are concentrating on entering into collaborations and acquisitions. For instance, Toyota has partnered with various e-commerce portals such as Pizza Hut, Amazon, China’s DiDi, and Uber to create a mobility service platform for e-commerce and shared rides, and develop robot-van like pods. Through the collaboration, the companies are focusing on broadening the scope of deployment of these robotic vans for delivering services, ridesharing or rolling office, and various other mobility services.
As electric shuttles are becoming a popular mode of public communication, ruling authorities across countries are focusing on accommodating connectivity through these shuttles. For example, ruling authorities in the U.S. are encouraging leading companies to develop electric shuttles to offer effective solutions for public commutation. The ruling authorities are concentrating on creating autonomous test tracks and investing nearly US$ 2 million for the same. Prototype Prime, a hardware and software startup is also focusing on launching an “advanced vehicle accelerator” and bring more partners for the project through collaborations.
In addition, ruling authorities in Singapore is taking initiatives to encourage deployment of electric shuttles in various educational institutions such as Nanyang Technological University (NTU). The fully automated Group Rapid Transit (GRT) services will be operating autonomous shuttle services that offer connectivity between the main academic centers and halls of residences. Nearly 200 to 300 passengers will benefit from the convenience from the conveyance offered by the GRT services. Initiatives taken by the ruling authorities are encouraging the companies to shift their focus towards development of electric shuttles for public conveyance and enhanced connectivity in various cities. Through strategic collaborations and product innovations, leading companies are focusing on improving their position in the competitive market significantly.
Crucial information pertaining to the recent trends and developments identified in the global market are compiled in the report for the perusal of readers, investors, and stakeholders. Insights provided in the report gives the stakeholders and investors a broader view of the global electric shuttle market.
This analytical research study imparts an all-inclusive assessment on the market, while propounding historical intelligence, actionable insights, and industry-validated & statistically-upheld market forecast. Verified and suitable set of assumptions and methodology has been leveraged for developing this comprehensive study. Information and analysis on key market segments incorporated in the report has been delivered in weighted chapters. A thorough analysis has been offered by the report on Market Dynamics, Market Size, Market Segments, Demand & Supply Trends, Current Issues and Challenges, Companies and Competitor Landscape, Value Chain, Technology.
Request TOC of this Report- https://www.factmr.com/connectus/sample?flag=T&rep_id=722
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market insights reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
11140 Rockville Pike
Rockville, MD 20852
Read Industry News at - https://www.industrynewsanalysis.com/
This release was published on openPR.
Permanent link to this press release:
You can edit or delete your press release Global Electric Shuttle Market Insights, Trends & Future Development Status Recorded during 2018-2027 here
News-ID: 1347543 • Views: 133
More Releases from Fact.MR
Mini LED Market to Expand 7.5X by 2030, Finds New Study by Fact.MR
In recent years, increasing popularity of OLED TVs in China and India has been significantly influencing growth of the mini LED market. With an increase in disposable income of a majority of the population in these countries, the inclination towards smart screens with higher lifespan and better performance is expected to open up numerous growth opportunities for the mini LED market. Moreover, aspiring and affluent households have increased their spending
Uncertainty Surrounding COVID-19 to Shave-off Growth in Electrical Steel Market …
The global electrical steel market has utilized the opportunities in the market over the last decade with sales of electrical steel pegged at US$ 20.4 Bn in 2019. However, sales are set to plummet during in the middle two quarters of 2020 owing to COVID-19. In addition, several automakers have shuttered their production units, causing incalculable loss to the electrical steel market in 2020. However, the demand of electrical steel
Medical Device Contract Manufacturing Market Set for Strong Growth, Production F …
The medical device contract manufacturing market is poised to expand at a CAGR of 11.3% during the forecast period (2020-2026). This is attributed to rapidly evolving healthcare industry and increasing adoption of technologically advanced surgical procedures. A number of original equipment manufacturers (OEMs) and contract manufacturers have been focusing on advanced technologies such as robotics, 3D-printing, and minimally invasive surgeries. Mergers & acquisition activities among leading players have greatly accelerated
Fluid Management Market Expected to Grow Amid Covid-19, Finds Fact.MR
Growing prevalence of chronic disease and an expansion in numbers of geriatric population is leading to an upward facing growth curve for global fluid management market over the period of 2020 to 2025, states Fact.MR. It projects a compound annual growth rate or CAGR of about 5.3% for the market over this period, helping the market push its worth up significantly. It is significant to note here that while number of
More Releases for Shuttle
Smart Shuttle Software Market 2026 – Latest Trends and Advancement in Industry …
"Smart Shuttle Software Market Size, Share, Growth, Trends and Forecast To 2019-2026": A valuable source of insightful data for business strategists. Provide industry insights for growth analysis and past / future costs, revenue, demand and supply data (if applicable). Research analysts provide sophisticated descriptions of value chain and distributor analysis. This market study provides comprehensive data that improves understanding, coverage, and coverage of this report. Get Sample Copy of This
Electric Shuttle Market Overview Till 2018 to 2027
Low Emission Levels Regulations to Boost Deployment of Electric Shuttles across Countries In an effort to lower the emission levels, government across countries are imposing stringent regulations on manufacturers in various industries. According to the European Commission, cars are responsible for nearly 12% of the overall EU emission of greenhouse gas. To comply with the stringent emission regulations, automotive manufacturers are shifting their focus towards development of electric vehicles for public
Shuttle Commander Takes Off!
Revolutionary courtesy shuttle management software. Frisco, TX, April 1, 2017– Tired of angry customers that are not being picked up on time, customers that simply get lost in the shuffle, and the general inefficiency of your courtesy shuttle? “Finally management can put the shuttles on auto pilot!” Noel Hanback CEO, JNH Global LLC. We live in a digital world, each of us carrying computers in our pockets but we rely on antiquated methods
Shuttle Express Selects Wallick & Volk to Provide Benefit
Seattle, WA — Shuttle Express has bolstered the employee benefit package it offers its employees by partnering with Wallick & Volk Mortgage Bank to provide an innovative new program. The new program for Shuttle Express ’ employees is called HomeBenefitIQ, which offers employees access to customized mortgage and real estate programs available specifically for the faculty and staff of Shuttle Express . The program offers on site
SFO Airport Shuttle Debate Rages On
There is currently an interesting debate going on with airport shuttle operators serving San Francisco International Airport. This is something that has been going on for a while but has now reached new levels of intensity. The issue is that smaller shuttle companies - of which there are around 10 serving SFO - feel as though they are being neglected by the airport in favor of the major shuttle provider. Ivybridge,
San Antonio Truck Company Offers Shuttle Services
San Antonio, TX March 2011. W.W. Equipment offers many work vehicles and accessories, including bucket trucks, digger trucks, reel trailers, pullers and tensioners, and utility poles. They have a unique and thriving inventory, with new options featured regularly. What sets this company apart from its competitors, however, is its dedicated commitment to making their equipment widely available in places like Buffalo and Cincinnati. Not