Electric Bus Market to Remain Growth Proficient with Rapid Adoption in North American & European Nations | BYD (China), Yutong (China), Proterra (US), VDL Groep (Netherlands), and AB Volvo (Sweden)Traditional fuel-based bus networks cause tremendous damage to public health and the environment and this is coining feasible alternatives such as electric buses. Adroit Market Research report finds out more on the growth scope of the global electric bus market in its latest report publication.
Request a report sample to gain comprehensive market insights @ https://www.adroitmarketresearch.com/contacts/request-sample/522
Developed economies across Europe and North America are swiftly adapting to electric bus networks, thereby helping in the global expansion of the electric bus market. The Board of Los Angeles Metro undersigned contracts to purchase over 90 electric buses from multiple sources to introduce electric bus mobility by 2021. Additionally, other states such as Oregon and California have also emerged to launch electric buses after they bagged USD 3.5 million in funding to substitute legacy diesel buses.
Key Market Players
The global electric bus market is dominated by major players such as BYD (China), Yutong (China), Proterra (US), VDL Groep (Netherlands), and AB Volvo (Sweden). These companies have strong distribution networks at a global level. In addition, these companies offer an extensive product range in this market. These companies have adopted strategies such as new product developments, collaborations, and contracts & agreements to sustain their market position.
Electric Bus Market Report Scope
Report Attribute Details
Base Year 2020
Historical Data 2016 – 2020
Forecast Period 2021 – 2028
Quantitative units Revenue in USD million/billion and CAGR from 2021 to 2028
Segments Covered By Product Type, By Application, and By End Use
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Customization scope Avail customized purchase options to meet your exact research needs.
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Pricing and Purchase Options Avail of customized purchase options to meet your exact research needs. Explore purchase options
For more insights, You can request for TOC at @ https://www.adroitmarketresearch.com/industry-reports/electric-bus-market
Electricity is one of the cheapest resources as opposed to gasoline-based fuel, therefore it is a much convenient and cost-efficient fuel option.
Electric buses are of low maintenance and ensure smooth rides with minimum impact on brakes, thus ensuring improved longevity. To cope with the soaring population and need for efficient, pollution-free transport models, the global electric bus market is expected to emerge as one of the fastest-growing industries. Denmark is one of the first European nations to deploy electric buses across Europe, followed by other nations such as Netherlands and Luxembourg.
Besides developed economies, countries across APAC are also adopting electric bus models to manage transportation needs and environmental concerns. In a recent development, Brihanmumbai Electric Supply and Transport (BEST), Maharashtra's state transport system in India has announced the launch of electric buses. The development is expected to steer growth in the global electric bus market as nations such as India aspires to transform legacy transport system into electric by 2028.
Backed by factors such as stringent environmental rules, transport infrastructure development, and technological developments, the global electric bus market is expected to remain sustainable in the coming years. Some of the prominent segments include battery capacity, power output, propulsion type, range, and region. Based on propulsion, PHEV, FCEV, and BEV are the major segment types.
Make an Enquire to Buy this Report @ https://www.adroitmarketresearch.com/contacts/enquiry-before-buying/522
Adroit Market Research is an India-based business analytics and consulting company. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a codeâ€“ Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.
Account Manager Global
3131 McKinney Ave Ste 600, Dallas,
TX 75204, U.S.A
Phone No.: USA: +1 972-362 -8199 / +91 9665341414
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Electric Bus Market to Remain Growth Proficient with Rapid Adoption in North American & European Nations | BYD (China), Yutong (China), Proterra (US), VDL Groep (Netherlands), and AB Volvo (Sweden) here
News-ID: 2485168 • Views: 1010
More Releases from Adroit Market Research
Subscription and Billing Management Market Analytical Overview and Growth Opport …
A sort of software called subscription and billing management is used to speed up the payment process for companies that provide subscription services and depend on recurring payments. Subscription and billing management solutions automate the billing procedure to lower the possibility of errors, increase client satisfaction, and give companies access to comprehensive reporting tools. Businesses can customise subscription packages, automate billing, provide customer self-service options, manage subscriptions across various payment
Smart Office Solution Market Key Players, End User Demand and Analysis Growth Tr …
Innovative technologies called "smart office solutions" are created to optimise and enhance an office space's daily operations. They usually concentrate on automating repetitive processes, improving cooperation and communication, increasing staff productivity and workflow, and offering real-time insights into operational performance. The goal of smart office solutions is to help businesses save money and operate as efficiently as possible. They provide services that include cloud-based document management systems, CRM platforms, enterprise
Rewards and incentives Market 2023 Growing Rapidly with Modern Trends, Industry …
Rewards and incentives are expressions of appreciation and acknowledgement offered to people or groups to acknowledge their efforts, achievements, or performance. Rewards and incentives have the power to inspire workers, boost engagement, boost morale, and promote constructive behaviour at work. They may be given in the form of monetary awards or non-financial incentives like praise from others, promotions, extra vacation time, or other forms of remuneration. Rewards and incentives are
Open-Source Intelligence Market Report Covers Opportunities, Industry CAGR, Dema …
The process of gathering and analysing information that is readily accessible to the public to produce intelligence that can be used to guide decisions is known as open-source intelligence (OSINT). Open-source intelligence is used to understand a company's or organization's operating environment, including its rivals, clients, suppliers, and potential threats. It is a technique for gathering intelligence that makes use of easily accessible and widely available data sources like the
More Releases for Europe
Strategy Consulting Market 2025 | Analysis By Top Key Players: Booz & Co. , Rola …
Global Strategy Consulting Market 2019-2025, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. The key players covered in this study McKinsey , The Boston Consulting Group , Bain & Company , Booz & Co. , Roland Berger Europe
Influenza Vaccination Market Global Forecast 2018-25 Estimated with Top Key Play …
UpMarketResearch published an exclusive report on “Influenza Vaccination market” delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 115 pages which highly exhibits on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. This report focuses on the Influenza Vaccination market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This
Global Strategy Consulting Market Research Report 2018-2025 | Global Key Player …
An up-to-date research report has been disclosed by Market Research Hub highlighting the title “Global Strategy Consulting Market Size, Status and Forecast 2018-2025” which provides an outlook for current market value as well as the expected growth of Strategy Consulting during 2018-2025. The report studies the casing heads market worldwide, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, size, growth, revenue, consumption, import and export
Strategy Consulting Market Deep Insights with Core Business Strategies 2018 - Ro …
Strategy Consulting Market report provides a vital recent industry data which covers in general market situation along with future scenario for industry around the Globe. It also consist of major data along with forecasts of a global market along with clear presentation of diagrams (charts and tables). Global strategy consulting market size status and forecast 2025 has a vast collection of market research reports concerning the software industry, its sub-sectors, and
Wearable Heart Monitoring Devices Market 2018 To 2023 – Top Leaders Beurer Gmb …
The Worldwide Wearable Heart Monitoring Devices Market is growing at a healthy rate. The major players in this market are Medtronic (U.S.), Kinetec Products UK Ltd. (South America), Beurer GmbH (Europe), Medisana AG (Europe), Briggs Healthcare (U.S.), Polar Electro (Europe), SUUNTO (Europe), Koninklijke Philips N.V. (Europe), Garmin Ltd. (Europe) and others. The Wolrdwide Wearable Heart Monitoring devices is segmented on the basis of products, type, application, and end users. On
Surgical Equipment Market 2018 Leading Manufacturer in Europe, the Middle East & …
The Europe, the Middle East & Africa Surgical Equipment Market is expected to grow at an approximate CAGR of 6.7% during the forecast period. A surgical equipment is a designed tool or device to carry out various surgical procedures so as to modifying biological tissues and to provide access for viewing them. The surgical equipment can be designed specifically for a particular surgery or it can be used as general purpose