Press release
Intercity Electric Bus Market To Witness the Highest Growth Globally in Coming Years 2021-2027: AB Volvo, BYD Company Ltd., Ebusco, EvoBus GmbH, Mitra Mobility Solution
The report presents an in-depth assessment of the Intercity Electric Bus Market including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for Intercity Electric Bus from 2021 till 2027. The report covers the pre COVID-19 historic data, impact of COVID-19 and post-COVID-19 (Corona Virus) impact on various regions and major countries and on the future development of the industry is pointed out.The Global Intercity Electric Bus Market is expected to grow at a CAGR 41.4% during the forecast period (2021 to 2027).
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The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Intercity Electric Bus Market: AB Volvo, BYD Company Ltd., Ebusco, EvoBus GmbH, Mitra Mobility Solution, Motor Coach Industries (MCI), PT MOBIL ANAK BANGSA (MAB), Scania, Solaris Bus and Coach sp. z o.o., YANGZHOU ASIASTAR BUS CO., LTD., Yinlong, YUTONG and others.
Recent Developments
In April 2021, VDL has announced a supply contract of 32 electric buses to public transport company Hermes in Eindhoven. These buses will be operational from January 2022 in Eindhoven cityscape.
In February 2021, The Montgomery County Public Schools (MCPS) Board of Education approved a contract with Highland Electric Transportation. Highland Electric Transportation to deploy 326 Thomas Built electric school buses powered by Proterra.
In February 2021, Nova Bus, a subsidiary of Volvo Buses have announced a supply order from Chicago Transit Authority. The order is for 600 new 40-foot electric buses from Nova Bus.
In January 2021, BYD won a supply contract by the Bogota City Public Transport Authority in Columbia to deliver 1,002 electric buses in 2021. This is the largest pure- electric bus contract for BYD outside China. BYD has collaborated with local bus manufacturers namely Superpolo and BUSSCAR for the bus body parts.
In September 2020, Yutong presented to global travellers its 5G-enabled Intelligent mobility solution in a live-show in China. Autonomous driving buses, intelligent bus stops, and unmanned intelligent bus terminals were showcased.
In September 2018, CAF Group acquired Solaris Bus and Coach to enter into the global electric bus market.
Market Regional Insights:
The Asia Pacific region is the largest electric bus market in the world. It comprises some of the fastest developing and developed economies in the world. The growth in the region can be attributed to the dominance of the Chinese market and presence of leading OEMs such as BYD, Yutong, Zhongtong, and Ankai in the country as well, resulting in exponential growth of the Asia Pacific electric bus market. Also, Shenzhen was the first city in the world to have a fully electrified public transport fleet.
Global Intercity Electric Bus Market Split by Product Type and Applications:
This report segments the global Intercity Electric Bus market on the basis of Types are:
Electric Motor
Batteries
Transmission System
Hydrogen Fuel Cell
Others
On the basis of Application, the Global Intercity Electric Bus market is segmented into:
Battery Electric Bus
Plug-in Hybrid Bus
Hybrid Bus
Regional Analysis For Intercity Electric Bus Market:
North America (The United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
Influence of the Intercity Electric Bus Market Report:
-Comprehensive assessment of all opportunities and risks in the Intercity Electric Bus market.
-The detailed study of business strategies for the growth of the Intercity Electric Bus market-leading players.
-Conclusive study about the growth plot of the Intercity Electric Bus market for forthcoming years.
-In-depth understanding of Intercity Electric Bus market-particular drivers, constraints, and major micro markets.
-Favorable impression inside vital technological and market latest trends striking the Intercity Electric Bus market.
Browse the Report Description And TOC:
https://www.marketinsightsreports.com/reports/10043320832/global-intercity-electric-bus-market-size-status-and-forecast-2021-2027?Mode=S48
What are the market factors that are explained in the report?
-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
-Analytical Tools: The Global Intercity Electric Bus Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
The research includes historic data from 2016 to 2021 and forecasts until 2027 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.
Finally, researchers throw light on the pinpoint analysis of Global Intercity Electric Bus. It also measures the sustainable trends and platforms which are the basic roots behind the market growth. The degree of competition is also measured in the research report. With the help of SWOT and Porter’s five analysis, the market has been deeply analyzed. It also helps to address the risk and challenges in front of the businesses. Furthermore, it offers extensive research on sales approaches.
Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.
Please connect with our sales team (sales@marketinsightsreports.com ).
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Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com
About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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