Press release
Electric Drive Buses Market 2021 – Global Industry Analysis, Size, Share, Trends, Market Demand, Growth, Opportunities and Forecast 2027
The “Electric Drive Buses Market” investigate report included by MarketIntelligenceData is an in-depth examination of the most recent patterns, market estimate, status, up and coming innovations, industry drivers, challenges, administrative arrangements, with key company profiles and procedures of players. The research consider gives market presentation Electric Drive Buses definition, territorial market scope, deals and income by locale, fabricating fetched examination, Mechanical Chain, market impact variables investigation Electric Drive Buses Market size estimate, 100+ showcase information, Tables, Pie Chart, Charts and Figures, and numerous more for trade insights. This investigates report too gives post COVID-19 affect investigation of the Electric Drive Buses industry.The Electric Drive Buses Market put is appearing unfaltering increase and making at a CAGR of 43.2% at a threatened point of 2021-2027.
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Top Companies in the Global Electric Drive Buses Market:
Proterra,EBus,ElDorado National,GILLIG,IC Bus,NABI,New Flyer Industries,Nova Bus,Trans Tech,Alexander Dennis,Ashok Leyland,BYD,Daimler,Optare,Tata Motors,Van Hool,Wright Bus
Recent Developments
In January 2021, Volvo Buses announced that its subsidiary Nova Bus, has been awarded a contract for 15 LFSe+, Nova Bus’ electric buses, by TransLink, Metro Vancouver's transportation network.
In December 2020, in India, the Indian Oil Corporation (IOC) announced that it will buy 15 that hydrogen fuel buses. The oil company has invited bids to procure 15 polymer electrolyte membrane (PEM) fuel cell buses., and it will also be setting up a facility for research and development (R&D) centre to produce hydrogen to run the buses.
In September 2020, in Sweden, Svealandstrafiken ordered ten electric buses from Volvo. The first batch of the new buses will enter into operation in Västerås city in summer 2021.
The Electric Drive Buses Market is segmented based on:
On the basis of type:
Hybrid Electric
Plug-in Hybrid Electric
Battery Electric
On the basis of application:
Transit Buses
School Buses
Coach Buses
Others
The research study assesses the by and a large measure of the market, by making utilize of a bottom-up approach, wherein information for diverse industry verticals, and end-user businesses and their applications over different item sorts have been recorded and anticipated amid the estimated period. These fragments and sub-segments have been recorded from the industry pros and experts, as well as company agents, and are ostensibly approved by dissecting past year’s information of these fragments and sub-segments for getting an exact and total Electric Drive Buses market size.
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Regional Analysis:
In Asia-Pacific, China is the largest manufacturer and consumer of e-buses in the world. The country’s domestic demand has been supported by the national sales targets, favorable laws, supportive subsidies, and municipal air-quality targets.
During the forecast period, China may continue to witness growth in the adoption of electric buses, as more than 30 Chinese cities have made plans to achieve 100% electrified public transit by the start of 2021, including Guangzhou, Zhuhai, Dongguan, Foshan, and Zhongshan in the Pearl River Delta, along with Nanjing, Hangzhou, Shaanxi, and Shandong.
Major Chinese e-bus suppliers are expanding their market presence outside China with the increasing electric bus deployment around the world. In 2020, Chinese bus makers sold around 61,000 new energy buses, whereas the total bus production in China accounted for around 150,000 units. For instance,
In November 2020, Yutong Bus signed an agreement with Qatar Free Zones Authority (QFZA) and Mowasalat to establish a KD factory in Qatar. The company will be supplying 741 units of e-buses for FIFA World Cup 2022.
In January 2021, -BYD announced that it has bagged a cumulative order to supply 1,002-unit pure-electric buses to Bogota, Colombia. These buses are scheduled to be delivered during 2021 and into the first half of 2022 and will be put into operation on 34 bus routes across five regions of the city.
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Table of Contents Electric Drive Buses Market
- Chapter 1: Overview of Electric Drive Buses Market
- Chapter 2: Global Market Status and Forecast by Regions
- Chapter 3: Global Market Status and Forecast by Types
- Chapter 4: Global Market Status and Forecast by Downstream Industry
- Chapter 5: Market Driving Factor Analysis
- Chapter 6: Market Competition Status by Major Manufacturers
- Chapter 7: Major Manufacturers Introduction and Market Data
- Chapter 8: Upstream and Downstream Market Analysis
- Chapter 9: Cost and Gross Margin Analysis
- Chapter 10: Marketing Status Analysis
- Chapter 11: Market Report Conclusion
- Chapter 12: Research Methodology and Reference.
Reasons to Invest:
Market Size Forecasts: The authors of the report have provided accurate estimation of the global Electric Drive Buses market size based on value and volume
Market Trend Analysis: This section of the report throws light on the approaching trends and developments in the global Electric Drive Buses market
Future Prospects: The report here offers crucial information on the rewarding opportunities in the global Electric Drive Buses market
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