Electric Bus Global Market Industry Analysis, Size, Share, Growth, Trends, By Type, By Application, By Length, By Vehicle Range, By Battery Capacity And Segment Forecast 2022-2031

The global electric bus market report by the business research company identifies various proactive government initiatives to encourage the use of e-buses, create lucrative growth options for the market. Governments around the world have launched initiatives to make urban public transportation more sustainable and fuel-efficient through the use of electric buses. For instance, in December 2021, the NITI Aayog (National Institution for Transforming India), the policy think tank of the Government of India, launched e-Sawaari, India Electric Bus Coalition, in collaboration with Convergence Energy Service Limited (CESL) and the World Resources Institute, India (WRI India), and with the support of the Transformative Urban Mobility Initiative (TUMI). The coalition was formed to share knowledge and lessons learned from the adoption of e-buses in India among various stakeholders, including the central and state governments, city-level government agencies, financing institutions, transit service providers, ancillary service providers, and original equipment manufacturers (OEMs). Therefore, government initiatives will boost electric bus services which in turn is likely to drive the growth of the electric bus market going forward.

The global electric bus market size is expected to grow from $26.68 billion in 2021 to $29.7 billion in 2022 at a compound annual growth rate (CAGR) of 11.3%. The electric buses market size is expected to grow to $47.31 billion in 2026 at a CAGR of 12.3%.

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Asia Pacific was the largest region in the electric bus market in 2021 and is expected to be the fastest-growing region in the forecast period. The regions covered in the electric buses market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Major players in the electric bus market are Tata Motors Limited, BYD Co. Ltd., AB Volvo, Ashok Leyland Limited, Solaris Bus & Coach S.A., Zhongtong Bus & Holding Company Limited, Eicher Motors Limited, Proterra, Zhengzhou Yutong Bus Co. Ltd., Daimler AG, Scania AB, Ebusco, NFI Group Inc., and Dongfeng Motor Corporation.

The global electric bus market is segmented -
1) By Type: Battery Electric Vehicle, Plug-In Hybrid Electric Vehicle, Fuel Cell Electric Vehicle
2) By Battery Type: Lithium-Nickel-Manganese-Cobalt-Oxide, Lithium-Iron-Phosphate, Others
3) By Vehicle Range: Less Than 200 Miles, Above 200 Miles
4) By Battery Capacity: Upto 400 kWh, Above 400 kWh
5) By Application: Intercity, Intracity

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The Electric Bus Market Report Contents Include
1. Executive Summary
2. Electric Bus Market Characteristics
3. Electric Bus Market Trends And Strategies
4. Impact Of COVID-19 On Electric Bus
5. Electric Bus Market Size And Growth
.....
26. Africa Electric Bus Market
27. Electric Bus Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Electric Bus Market
29. Electric Bus Market Future Outlook and Potential Analysis
30. Appendix

This report covers the trends and market dynamics of the electric bus market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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