Press release
Europe Electric Bus Charging Station Market - Analysis and Forecast To 2024, Schunk Carbon Technology, Ekoenergetyka-Polska Sp. z o.o., Heliox B.V., JEMA Energy S.A., and Powerdale NV
The European electric bus charging station market is projected to reach USD 581.9 million by 2024, registering a CAGR of 17.4% during the forecast period. Supporting government initiatives and schemes, and growing investment towards charging station infrastructure, propelling the growth of the market.
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Growth Drivers
European electric bus charging station market has been driven by several key factors, predominantly increasing government funding schemes, and increasing government plans for electrification of public transport.
In European Union, governments are undertaking key initiatives to opt for green energy-driven vehicles. The policies related to electric buses in EU is mainly focused on technological optimization and market development. For instance, the European Commission supported a Europe-wide electromobility initiative, Green eMotion, worth EUR41.8 million (USD 46.9 million), in partnership with forty-two partners from industry, utilities, electric vehicle manufacturers, municipalities, universities and technology and research institutions.
Geographic Overview
Geographically, the U.K. electric bus charging station market accounted for the largest share in 2018 in terms of volumes. This is attributed to the increasing adoption rate of electric vehicles, government support schemes for the adoption of electric vehicles and for developing infrastructure related to electric vehicles include charging station.
Read More: https://www.vynzresearch.com/automotive-transportation/europe-electric-bus-charging-station-market
Competitive Insight
Some of the key players operating in the European electric bus charging station market are Bombardier Inc., Schunk Carbon Technology, Ekoenergetyka-Polska Sp. z o.o., Heliox B.V., JEMA Energy S.A., and Powerdale NV.
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VynZ Research is a global market research firm offering research, analytics, and consulting services on business strategies. We have a recognized trajectory record and our research database is used by many renowned companies and institutions in the world to strategize and revolutionize business opportunities. The company focuses on providing valuable insights on various technology verticals such as Chemicals, Automotive, Transportation, Energy, Consumer Durables, Healthcare, ICT and other emerging technologies.
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