Press release
European Electric Bus Market 2020 Growth, COVID Impact, Trends Analysis Report 2026
European electric bus market is projected to grow at an exponential CAGR during the forecast period (2019-2025). The key factors that propel the growth of the market include the rising acceptance of the electric buses due to the rising environmental concerns along with the available government and private funding. In January 2021, according to the Transport and Environment (T&E), EU announced its aim to achieve zero emission by 2050. In 2019, Austria and Ireland had zero emission buses, while in Switzerland and Greece, less than 4% of new buses were emission free.(Get 15% Discount on Buying this Report)
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Furthermore, according to the International Association of Public Transport (UITP), announced that around 45% of newly licensed units will be fully electric by 2030. In 2020, Germany took a step to provide 80% financing of the higher cost of electric buses and it also received funding of $326 million by EU commission for purchase of electric bus. Likewise, Poland government allocated fund of $351.60 for fully electrified transport by 2030, where the population in the cities is 100,000 or more. In May 2020, four cities including Bonn, Brussels, Dublin and Milan announced funding of $4.24 billion for EU to provide support post-COVID-19 for zero-emissions bus. Therefore, government funding is increasing and rising need of zero emission is propelling the growth of the electric bus industry in Europe.
A Full Report of European Electric Bus Market is Available at: https://www.omrglobal.com/industry-reports/european-electric-bus-market
Market Coverage
Market number available for – 2018-2025
Base year- 2018
Forecast period- 2019-2025
Segment Covered- By Bus Type, By Battery Type, By End-user
Region Covered-European
Competitive Landscape- BYD co. Ltd., AB Volvo, MAN SE, Daimler AG, Irizar Corp., Ebusco Ltd., COBUS Industries GmbH and others.
European Electric Bus Market Report Segment
By Bus Type
Hybrid Electric Bus
Fuel Cell Electric Bus
Battery Electric Bus
By Battery Type
NiMH
Li-ion
Others
By End-User
Government
Fleet Owner
European Electric Bus Market- Countries Covered
UK
Germany
Italy
Spain
France
Rest of Europe
Reasons to Buying From us –
1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/european-electric-bus-market
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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