Press release
Electric Bus Market to Observe Prominent CAGR Growth of 13.35% by 2029, Trends, Technology, Industry Growth, Challenges and Competitive Outlook
Electric Bus Market
Exactitude Consultancy research's "Electric Bus Market Forecast" study report focuses at sales and the overall global market for Electric Bus in 2022. The sales forecast for Electric Bus by region and market sector for the years 2023 through 2029 is then thoroughly analyzed. This study provides a comprehensive analysis of the global Electric Bus market, with sales of Electric Bus broken down by region, market sector, and sub-sector, in US$ million.
Based on market dynamics and development-promoting variables, the Electric Bus Market research assesses market valuation and growth rate. On the most recent business prospects, trends, and news in the sector. Along with a SWOT analysis of the major suppliers, the research also includes a thorough market study and vendor landscape.
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Growth Motivators:
Significant Public Transit Electrification
Low Cost Of Maintenance For Electric Buses
Government Spending On The Construction Of North American Charging Infrastructure Is Rising.
European Battery Technology R&D Is Expanding
Growing Need For Environmentally Friendly Mobility In Asia Pacific
Fleet Operators' Shifting Attention To Alternative Fuels In Mea And Latin America
competitive analysis
The research identifies the key establishes that will drive growth since demand is determined by a buyer's financial resources and the rate at which an item develops. Key companies and new entrants can gain insight into the spending reports of major market participants in this area, which will help them better appreciate the possibilities for investment in the global Electric Bus market. It can be used more effectively by both established and up-and-coming players in the market to gain a thorough understanding of the sector.
Major companies in Electric Bus Market are:
BYD (China), Yutong (China), CAF (Solaris) (Spain)(US), VDL Groep (Netherlands), and AB Volvo (Sweden)
Recent Developments:
In 2021, VDL has secured a deal with Hermes in Eindhoven for the provision of 32 electric buses. These buses will begin service in Eindhoven cityscape in January 2022.
In 2021, A contract with Highland Electric Transportation was authorised by the Montgomery County Public Schools (MCPS) Board of Education. 326 Thomas will be deployed by Highland Electric Transportation. Built Proterra-powered electric school buses
In 2021, The Chicago Transit Authority has placed a supply order with Nova Bus, a Volvo Buses affiliate. Nova Bus has received an order for 600 new 40-foot electric buses.
In 2021, The Bogota City Public Transport Authority in Columbia has awarded BYD a supply contract to provide 1,002 electric buses in 2021. Outside of China, this is BYD's largest pure-electric bus deal. For the bus body pieces, BYD cooperated with local bus manufacturers Superpolo and BUSSCAR.
Electric Bus Market Segmentation:
Electric Bus Market by Type, 2020-2029, (USD Millions)
BEV
PHEV
FCEV
Electric Bus Market by Consumer Segment, 2020-2029, (USD Millions)
Private
Government
Electric Bus Market by Application, 2020-2029, (USD Millions)
Intercity
Intracity
Electric Bus Market by Length Of Bus Type, 2020-2029, (USD Millions)
Less Than 9 M
9-14 M
Above 14m
Electric Bus Market by Vehicle Range, 2020-2029, (USD Millions)
Less Than 200 Miles
Above 200 Miles
Electric Bus Market by Battery Capacity, 2020-2029, (USD Millions)
Up To 400 Kwh
Above 400 Kwh
Electric Bus Market by Power Output, 2020-2029, (USD Millions)
Up To 250 Kw
Above 250 Kw
Electric Bus Market by Component, 2020-2029, (USD Millions)
Motor
Battery
Fuel Cell Stack
Battery Management System
Battery Cooling System
Ev Connectors
Electric Bus Market by Region, 2020-2029, (USD Millions)
North America
Europe
Asia Pacific
South America
Middle East And Africa
Important Countries In All Regions Are Covered.
Our market analysts are professionals at carefully categorizing the global Electric Bus market into various categories and assessing each segment's growth potential in detail. The research study begins with a comparison of the segments' consumption and growth rates throughout a nine-year assessment period. The report's segmentation study, which considers the market potential of the various categories examined, provides an excellent understanding of the global Electric Bus market. Businesses can better understand their target market by segmenting it, which enables them to create marketing plans and products that are tailored to particular categories. Here are two typical methods for market segmentation: by kind and by application.
This report also splits the market by region:
The United States, Canada, and Mexico make up North America, while Germany, France, the United Kingdom, the Netherlands, Switzerland, Belgium, Russia, Italy, Spain, and Turkey make up Europe. Other countries covered in the report include China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, and the rest of Asia-Pacific (APAC). Saudi Arabia, the United Arab Emirates, Israel, Egypt, South Africa, and the rest of the Middle East and Africa (MEA) are also included.
The overall part of the research also lists specific market-impacting variables and domestic market regulation changes that have an effect on the market's present and future tendencies. Some of the key data points used to estimate the market situation for specific nations are consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, and upstream and downstream value chain analysis. When giving prediction analysis of the country data, it also takes into account the presence and accessibility of international brands, the difficulties they encounter owing to strong or weak competition from local and domestic brands, the influence of domestic tariffs, and trade routes.
Strategic Points Covered in Table of Content of Global Electric Bus Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Electric Bus market
Chapter 2: Exclusive Summary - the basic information of the Electric Bus Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Electric Bus
Chapter 4: Presenting the Electric Bus Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country
Chapter 6: Evaluating the leading manufacturers of the Electric Bus market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
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Thank you for reading it all the way to this point.
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PHONE NUMBER +1 (704) 266-3234
EMAIL ADDRESS: sales@exactitudeconsultancy.com
About Us
Exactitude Consultancy is a Market research & consulting services firm which helps its client to address their most pressing strategic and business challenges. Our professional team works hard to fetch the most authentic research reports backed with impeccable data figures which guarantee outstanding results every time for you. So, whether it is the latest report from the researchers or a custom requirement, our team is here to help you in the best possible way.
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