Press release
New Energy Buses Market Size 2021 Manufacturing Size, Share, Opportunities, Trends, Industry Expansion Strategies and Global Analysis by Forecast to 2027 -Yutong, DFAC, BYD, King Long, Zhong Tong, Foton
The New Energy Buses Market report is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.The Global New Energy Buses Market Size is Projected to Reach at a CAGR of 43% during 2021-2027.
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Top Leading Companies:
Yutong, DFAC, BYD, King Long, Zhong Tong, Foton, ANKAI, Guangtong, Nanjing Gold Dragon, Daimler
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.
New Energy Buses Market Segmentation by Type:
Battery Electric Buses
Hybrid Buses
New Energy Buses Market Segmentation by Application:
Public Transit
Highway Transportation
Other
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The Asia Pacific is expected to be the largest market during the forecast period
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 the presence of leading OEMs such as BYD, Yutong, Zhongtong, and Ankai in the country as well, resulting in the 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. The favourable regulations for electric buses, availability of electric and electronic components at cheaper rates, and rapidly growing charging infrastructure are projected to boost the electric bus market in the region.
Regional New Energy Buses Market (Regional Output, Demand & Forecast by Countries)
North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And additional.
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Highlights of the New Energy Buses Market Report:
Detailed overview of New Energy Buses Market
Changing the New Energy Buses market dynamics of the industry
In-depth market segmentation by Type, Application, etc.
Historical, current and projected New Energy Buses market size in terms of volume and value
Recent industry trends and developments
Competitive landscape of New Energy Buses Market
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth.
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, the New Energy Buses Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, and market development rate and figure, and so on. New Energy Buses industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.
We Offer Customization on Report Based on Specific Client Requirement:
– Free country Level analysis for any 5 countries of your choice.
– Free Competitive analysis of any 5 key market players.
– Free 40 analyst hours to cover any other data point.
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