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France Electric Bus Market 2023 Driving Factors Forecast Research 2029

10-20-2023 08:32 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: orion market research

France Electric Bus Market

France Electric Bus Market

France electric bus market is estimated to grow at a considerable CAGR during the forecast period. The growing adoption of electric vehicles in the country to deal with the rising environmental concerns along with the government initiatives for the deployment of electric buses is a major factor to drive the growth of France electric bus market. According to the French government climate plan presented in July 2017, the country seeks to ban sales of vehicles emitting greenhouse gases by 2040. Further, in April 2019, Paris public transport authority had ordered around 800 electric buses to replace diesel and petrol buses with electric buses by 2024. This order is given to the three major electric bus manufacturers of the country namely Alstom, Heuliez Bus Co. Ltd., and Bollore Group.Further in September 2019, Keolis(in consortium with Autocars Dominique's subsidiary BE Green), started operating a 100% electric BRT (Bus Rapid Transit) line on behalf of the public transport authority SMPBA to support the easy deployment of electric buses in the country.

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The market is segmented on the basis of bus type, battery type, and end-user. Based on the bus type, the market is sub-segmented into the hybrid electric bus, fuel cell electric bus, and battery electric bus. Based on the battery type, the market is sub-segmented into NiMH, Li-Ion, and others. The decline in cost of li-ion battery and inherent benefits offered by these batteries including smaller size, lighter weight, and higher energy density is anticipated to drive the market share of these batteries. Based on end-user, the market is sub-segmented into government and fleet owners.

full report of France Electric Bus Market available @ https://www.omrglobal.com/industry-reports/france-electric-bus-market

• Market Coverage
• Market number available for - 2023-2029
• Base year- 2022
• Forecast period- 2023-2029
• Segment Covered- By Source, By Product Type, By Applications
• Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
• Inc., and others

Market Segmentation
France Electric Bus Market by Bus Type
o Hybrid Electric Bus
o Fuel Cell Electric Bus
o Battery Electric Bus

France Electric Bus Market by Battery Type
o Lithium-ion batteries
o NiMH Batteries
o Others

France Electric Bus Market by End-User
o Government
o Fleet Owner

Company Profiles
o Alstom
o Bollore Group
o BYD co. Ltd.
o Heuliez Bus Co. Ltd.
o Irizar Corp.
o Renault Group
o Safra

The Report Covers
• Comprehensive research methodology of the France Electric Bus market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the France Electric Bus market.
• Insights about market determinants which are stimulating the France Electric Bus market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/france-electric-bus-market

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404

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