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Electric Bus Market Size, Competitive Insight, Key Drivers and Regional Dynamics by 2031 | Registering a CAGR of 29.5%

11-30-2023 03:03 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Allied Market Research

Electric Bus Market Size, Competitive Insight, Key Drivers

According to the report published by Allied Market Research, the global electric bus market was estimated at $35.3 billion in 2021 and is expected to hit $439.7 billion by 2031, registering a CAGR of 29.5% from 2022 to 2031. The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and evolving market trends. The market study is a helpful source of information for the frontrunners, new entrants, investors, and shareholders in crafting strategies for the future and heightening their position in the market.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐š๐ ๐ž๐ฌ : https://www.alliedmarketresearch.com/request-sample/2931

The report offers a detailed segmentation of the global electric bus market based on propulsion type, length, range, battery capacity, power output, and region. The report provides an analysis of each segment and sub-segment with the help of tables and figures. This analysis helps market players, investors, and new entrants in determining the sub-segments to be tapped on to achieve growth in the coming years.

By length, the 9-14 meters segment accounted for the highest share in 2021, generating more than three-fifths of the global electric bus market revenue and is projected to rule the roost by 2031. However, the above 14 meters segment would showcase the fastest CAGR of 32.5% during the forecast period. Also, the less than 9 meters segment is analyzed in the report.

By propulsion type, the battery electric vehicle segment contributed to more than four-fifths of the global electric bus market revenue and is projected to maintain its dominance by 2031. On the other hand, the fuel cell electric vehicle segment would display the fastest CAGR of 34.5% throughout the forecast period. The report also studied the plug-in hybrid electric vehicle segment.

๐๐ซ๐จ๐œ๐ฎ๐ซ๐ž ๐‚๐จ๐ฆ๐ฉ๐ฅ๐ž๐ญ๐ž ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ : https://www.alliedmarketresearch.com/electric-buses-market/purchase-options

By range, the 150 to 300 miles segment held the largest share in 2021, garnering more than half of the global electric bus market revenue, and is expected to dominate by 2031. However, the above 300 miles segment would cite the fastest CAGR of 31.4% throughout the forecast period. The report also assesses the less than 150 miles segment.

By battery capacity, the 50-250 kWh segment held the major share in 2021, garnering nearly half of the global electric bus market revenue. However, the above 250 kWh segment is projected to rule the roost in terms of revenue during the forecast period. Furthermore, the same segment would also portray the fastest CAGR of 30.5% throughout the forecast period. Also, the less than 50 kWh segment is discussed in the report.

๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐๐ฎ๐ฒ๐ข๐ง๐  : https://www.alliedmarketresearch.com/purchase-enquiry/2931

Key players operating in the global electric bus market include AB Volvo, Ankai Bus, BYD Company Ltd., Construcciones y Auxiliar de Ferrocarriles, S.A., Daimler AG, NFI Group Inc., Proterra, VDL GROEP BV, Yutong Group, and Zhongtong Bus Holdings Co., Ltd.

๐’๐ข๐ฆ๐ข๐ฅ๐š๐ซ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐–๐ž ๐‡๐š๐ฏ๐ž ๐จ๐ง ๐๐ฎ๐ฌ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ :

New Energy Bus Market Research Report 2023-2035-https://www.alliedmarketresearch.com/new-energy-bus-market-A10412

Ethanol Bus Market Research Report 2023-2035- https://www.alliedmarketresearch.com/ethanol-bus-market-A09110

Solar Bus Market Research Report 2023-2035- https://www.alliedmarketresearch.com/solar-bus-market-A10070

Semi-Autonomous & Autonomous Bus Market Research Report 2023-2035- https://www.alliedmarketresearch.com/semi-autonomous-and-autonomous-bus-market-A07164

Self-Driving Bus Market Research Report 2023-2035- https://www.alliedmarketresearch.com/self-driving-bus-market

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ :

David Correa
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Corporation Trust Center,
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Fax: +1-800-792-5285
help@alliedmarketresearch.com

Web: www.alliedmarketresearch.com

Allied Market Research Blog: https://blog.alliedmarketresearch.com

About us -

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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