Press release
Electric School Bus Market Share 2023, Top Manufacturers, Business Opportunity, Forecast 2028
Electric School Bus Market Share 2023
The global electric school bus market is expected to exhibit a growth rate (CAGR) of 33.8% during 2023-2028.
What is Electric school bus?
An electric school bus is a transportation solution that is specifically designed for the school transportation sector. It relies on electric power to propel the vehicle and reduce harmful emissions. It is equipped with advanced battery technology and electric motors that allow it to operate silently. It is an environmentally friendly alternative as compared to traditional diesel-powered school buses. As it assists in offering a cleaner and healthier environment, the demand for electric school buses is increasing across the globe.
Request Free Sample Report: https://www.imarcgroup.com/electric-school-bus-market/requestsample
What are the growth prospects and trends in the electric school bus industry?
At present, the rising adoption of electric school buses to promote sustainability and reduce carbon footprint in the environment represents one of the key factors strengthening the growth of the market. In addition, the growing awareness of environmental sustainability among educational institutions and communities around the world is offering a positive market outlook. Besides this, the increasing number of charging infrastructure points and improvements in battery technology are propelling the growth of the market. In line with this, governing agencies of various countries are encouraging the adoption of electric school buses by offering several incentives, tax rebates, and subsidies, which is contributing to the growth of the market. Furthermore, the increasing employment of electric school buses, as they aid in improving air quality and reducing noise pollution, is supporting the growth of the market.
Who are The Key Players Operating in The Industry?
• Blue Bird Corporation
• BYD Company Ltd.
• Collins Bus Corporation (REV Group Inc.)
• Dominion Energy Inc.
• Mercedes-Benz Group AG
• Beiqi Foton Motor Co. Ltd. (Beijing Automotive Group Co. Ltd.)
• Navistar International Corporation (Traton Group)
• The Lion Electric Company.
Key Market Segmentation:
The report has segmented the global electric school bus market based on type, capacity design type, sales channel, application and region.
Breakup by Type:
• Battery Electric School Bus
• Hybrid School Bus
Breakup by Capacity Design Type:
• Type A
• Type C
• Type D
Breakup by Sales Channel:
• Direct Sales
• Distributor
Breakup by Application:
• Preschool Education
• Primary School
• Others
Breakup by Region:
• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa
Key highlights of the report:
• Market Performance
• Market Outlook
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
Also Browse Latest Reports 2023-2028:
• https://www.digitaljournal.com/pr/news/imarc/europe-pet-food-market-size-share-growth-trends-and-industry-report-2023-2028
• https://www.digitaljournal.com/pr/news/imarc/europe-real-estate-market-outlook-2023-industry-size-share-and-growth-report-by-2028
• https://www.digitaljournal.com/pr/news/imarc/steel-industry-size-in-india-2023-market-overview-growth-opportunities-and-forecast-2028
• https://www.digitaljournal.com/pr/news/imarc/with-27-12-of-cagr-craft-beer-market-size-in-india-report-2023-estimated-sales-revenue-increasing-trends-opportunities-2028
• https://www.digitaljournal.com/pr/news/imarc/india-foreign-exchange-market-is-estimated-to-grow-at-cagr-of-10-20-by-2028-imarc-group
Contact Us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Email: sales@imarcgroup.com
Follow us on Twitter: @imarcglobal
LinkedIn: https://www.linkedin.com/company/imarc-group/mycompany/
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
This release was published on openPR.
Permanent link to this press release:
Copy
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 School Bus Market Share 2023, Top Manufacturers, Business Opportunity, Forecast 2028 here
News-ID: 3182933 • Views: …
More Releases from Imarc Group
Automotive Control Cables Manufacturing Plant Setup Report 2025: Machinery, Raw …
Automotive control cables are essential components used to transmit mechanical force in vehicles, enabling the smooth operation of various systems such as brakes, clutches, accelerators, gear shifts, and seating mechanisms. These cables are designed for durability, flexibility, and high performance under diverse driving conditions. Their demand is directly linked to the growth of the automotive industry, aftermarket sales, and increasing consumer preference for enhanced driving comfort and safety.
Setting up an…
Halal Cosmetics Market Size, Trends, Key Players, Opportunity and Forecast 2025- …
IMARC Group, a leading market research company, has recently released a report titled "Halal Cosmetics Market Size, Share, Trends and Forecast by Type, Distribution Channel, and Region, 2025-2033." The study provides a detailed analysis of the industry, including the global halal cosmetics market size, trends, share and growth forecast. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Halal Cosmetics Market Highlights:
• Halal Cosmetics Market…
Comprehensive Castor Oil Processing Plant Project Report 2025: Setup Guide, Econ …
Castor oil is a versatile vegetable oil extracted from the seeds of the Ricinus communis plant. It is widely used in pharmaceuticals, cosmetics, food processing, lubricants, paints, coatings, and biodiesel production owing to its unique chemical properties, including high ricinoleic acid content. Castor oil derivatives also serve as key raw materials in the polymer, chemical, and industrial sectors.
Establishing a castor oil processing plant involves steps such as seed cleaning, dehulling,…
Honey Processing Plant Report 2025: Capital Investment, Operating Expenses and M …
Honey is a natural sweetener produced by honeybees and is valued for its nutritional, medicinal, and industrial applications. It contains antioxidants, enzymes, vitamins, and minerals that make it a popular ingredient in food and beverages, pharmaceuticals, cosmetics, and personal care products. Processed honey is widely consumed as a sweetener, used in bakery and confectionery items, beverages, dietary supplements, and skincare formulations.
Setting up a honey processing plant involves operations such as…
More Releases for Electric
Electrical Isolators Market 2023: Mitsubishi Electric, Orient Electric, Schneide …
The Electrical Isolators Market size (volume and value) and industry chain structure published by The Insight Partners through its high quality database which is a valuable source of guidance and direction for companies and individual interested in the industry.
An electrical isolator is a material in which electric current does not flow freely. The atoms of the insulator have tightly bound electrons which cannot readily move. Other materials, semiconductors and conductors…
Electric Motors for Electric Vehicle Market by Manufacturers: Hitachi Automotive …
Electric Motors for Electric Vehicle Market research report analyzes and studies the Electric Motors for Electric Vehicle Market's production, value, financial status, and capacity. It also provides information about market share and development plans during the projected period. Moreover, the Electric Motors for Electric Vehicle Market research report provides data about key manufacturers and focuses on the market competition landscape by analyzing the market by application, product type, and region.
Click…
Thermal Overload Relay Market 2021 Precise Outlook - ABB, Schneider Electric, Ea …
Global Thermal Overload Relay Market Size, Status and Forecast 2021
The Global Thermal Overload Relay Market report offers in-depth information and comprehensive analysis of the market. It provides a complete overview of the market with detailed insights on key aspects including the current market situation, potential size, volume, and dynamics of the market. This research report makes a thorough assessment of the COVID-19 pandemic and its impact on the current market…
Global Electric Motors for Electric Vehicles Market 2025 | MAHLE GmbH, Protean E …
Researchmoz added Most up-to-date research on "Global Electric Motors for Electric Vehicles Market Insights, Forecast to 2025" to its huge collection of research reports.
This report presents the worldwide Electric Motors for Electric Vehicles market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities…
Yokogawa Electric, General Electric Profiled in Smart Factory Solutions Market 2 …
Global Smart Factory Solutions Market which focuses on effective strategies of the business framework. It highlights the recent market trends stringent energy regulations and growing pressure to conform to energy efficiency. The research methods and tools used to analyze the studies are both primary and secondary research.
This market research report on analyzes the growth prospects for the key vendors operating in this market space including Siemens, ABB, Honeywell International, Yokogawa…
Global Quartz Heat Lamps Market 2017 : Indu Electric Gerber, Schneider Electric, …
The Market Research Store report offers majority of the latest and newest industry data that covers the overall market situation along with future prospects for Quartz Heat Lamps market around the globe. The research study includes significant data and also forecasts of the global market which makes the research report a helpful resource for marketing people, analysts, industry executives, consultants, sales and product managers, and other people who are in…
