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Canada Electric Bus Market Share 2021: Trends, Key Players, Industry Analysis and Report 2021-2027

11-17-2021 11:32 AM CET | Logistics & Transport

Press release from: Orion Market Research

Canada electric bus market is estimated to grow at a significant CAGR during the forecast period. The on-going projects regarding the efficiency of the electric buses in the country to drive the regional growth of the market. Moreover, the government initiatives to surge the adoption of zero-emission buses and charging infrastructure will drive the growth of the Canada electric bus industry in the near future.

A full report of Canada Electric Bus Market is available at: https://www.omrglobal.com/industry-reports/canada-electric-bus-market

In October 2020, the government of Canada announced to allocate $1.5 billion for accelerating the adoption of zero-emission buses and charging infrastructure. The fund is a part of a larger three-year, $10-billion ‘Growth Plan’ of the clean energy projects. Moreover, in the same month, the Canadian Urban Transit Research and Innovation Consortium (CUTRIC) announced to invest $999,000 in eCamion, an Ontario-based energy storage solution company. The funds will be used for the development of electric bus charging system.

Apart from this, the Government of Canada in December 2020 announced its plan for the City of Ottawa to invest $9.3 million, including the purchase of four long-range 40-foot battery-electric buses, along with the necessary supporting infrastructure. With such initiatives and investments, the government aims to bring 5,000 electric buses out on Canadian roads in the next few years.

To learn more about this report request a sample copy @ https://www.omrglobal.com/request-sample/canada-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, and By End-User
• Region Covered- Canada
• Competitive Landscape- Proterra Inc., BYD Co. Ltd., COBUS Industries GmbH, Cummins Inc, and GILLIG LLC.

Key Questions Addressed by the Report

• What is the market growth rate?
• Which segment dominates the market in the base year?
• Which segment will project the fastest growth in the market?
• How COVID-19 impacted the market?
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Canada Electric Bus Market Report Segment

By Bus Type

• Hybrid Electric Bus
• Fuel Cell Electric Bus
• Battery Electric Bus

By Battery Type

• Li-ion
• NiMH
• Others

By End-User

• Government
• Fleet Owner

For more customized data, request for report customization @ https://www.omrglobal.com/report-customization/canada-electric-bus-market

Company Profiles

• Alexander Dennis Limited
• BYD co. Ltd.
• COBUS Industries GmbH
• Daimler AG
• GreenPower Motor Company Inc.
• New Flyer Industries Canada ULC
• NFI Group Inc.
• Proterra Inc.

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.

Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research

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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