Europe Electric Bus Market Size, Status, Demand and Global Outlook- VDL Bus & Coach BV, - EBUSCO, - MAN Truck & Bus SE, - Volvo Buses

The Europe Electric Bus  market report provides information regarding market size, share, trends, growth, cost structure, global market competition landscape, market drivers, challenges and opportunity, capacity, revenue and forecast 2028. This report also includes the overall and comprehensive study of the Europe Electric Bus market with all its aspects influencing the growth of the market. This report is an exhaustive quantitative analysis of the Europe Electric Bus industry and provides data for making strategies to increase market growth and effectiveness.

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The Europe Electric Bus Market is poised to register a CAGR of over 20.0% over the forecast period (2022 - 2027).

Markets Segmentation:

Top leading Companies Profiled in Europe Electric Bus Market Report are Ê- Solaris Bus & Coach, - VDL Bus & Coach BV, - EBUSCO, - MAN Truck & Bus SE, - Volvo Buses, - BYD Auto Co., Ltd., - Otokar Otomotiv Ve Savunma Sanayi A.S

News and Updates

In 2022, MAN, in cooperation with transport partners from five European countries, will have 15 MAN Lion City E-city buses tested in day-to-day operations. The first series-produced MAN Lion City buses will be delivered in the autumn of 2022.

VDL Bus&Coach is building a new, climate-neutral factory in Roeselare (Belgium), where the first buses will be built from the end of 2021 to the beginning of 2022. The industrial buildings will be designed in such a way that only electrically powered buses can be built in a climate-neutral and efficient manner.

Market Overview

- Clean technologies in public transportation are more and more needed in the current scenario to cope with air pollution in urban areas. The demand for electric buses in Europe has augmented dramatically over the last decade.

- The factors which are driving the Electric Bus (EB) demand in Europe are stringent emission regulations, high dependence on conventional or non-renewable fuels, strong environmental ethics and the growing need to integrate renewables into a network. The penetration of charging infrastructure also plays an important role in market development.

- The electric bus market is growing significantly in Europe, however, there are few challenges in the market such as charging a large number of EBs is the potential impact on the grid and on the batteries, simultaneous charging of an EBs fleet could drive to a tremendous high power peak, oversizing of infrastructures, equipment and grid supply subscription could generate extra costs.

Regional Analysis:

Asia-Pacific (China, India, Japan, South Korea, Australia, Indonesia, Malaysia, and Others), North America (United States, Canada, and Mexico), Central & South America (Brazil, and Rest of South America), Europe (Germany, France, UK, Italy, Russia, and Rest of Europe), Middle East & Africa (GCC Countries, Turkey, Egypt, South Africa and Other)

France, the United Kingdom, Poland, the Nordics, the Netherlands and Germany together account for more than half the total number of electric buses in Europe. In 2015, 195 states and the European Union unanimously approved the COP21 agreement. Since 2016, 174 countries have begun adopting the agreement into their own legal system. Following this, municipalities have adjusted or are in process of adjusting tender criteria to induce a shift to ZE vehicles in new concessions.

The Netherlands mandating 100% sales of zero emission vehicle (ZEV) public transport buses by 2027, followed by 100% ZEV fleet by 2030, replacing all fossil fuel vehicles. At the regional level, cities, regions, manufacturers, and transport organizations endorsed a common ambition to accelerate the rollout of clean buses, formalized by the signing of the European Clean Bus Deployment Initiative. Besides battery electric buses, fuel cell buses are also considered clean when running on green hydrogen.

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Key Takeaways from Europe Electric Bus Report

─Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals

─Understand the different dynamics influencing the Europe Electric Bus market - key driving factors, challenges and hidden opportunities.

─Get in-depth insights on your competitor performance - Europe Electric Bus market shares, strategies, financial benchmarking, product benchmarking, SWOT and more

─Analyze the sales and distribution channels across key geographies to improve top-line revenues.

─Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.

─Get a quick outlook on the market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.

─Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the Europe Electric Bus

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In conclusion, the Europe Electric Bus market report presents the descriptive analysis of the parent market supported elite players, present, past and artistic movement information which is able to function as a profitable guide for all the Europe Electric Bus Industry business competitors. Our expert research analyst's team has been trained to provide in-depth market research reports from every individual sector which will be helpful to understand the industry data in the most precise way.

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