Press release
North America Electric Bus Market Checkout the Unexpected Future 2030
The North America Electric Bus Market is expected to grow from US$ 756.45 million in 2021 to US$ 2,539.40 million by 2028; it is estimated to grow at a CAGR of 18.9% from 2021 to 2028.Air pollution causes several diseases, some even becoming fatal at advanced stages. As vehicular discharge impacts public health, it may have a dangerous impact on the environment. Governments across the region are investing heavily in infrastructure development to reduce ozone-depleting compounds and air pollution levels. This will be accomplished by enacting strict government regulations on automobile emissions. The electric bus market is expanding as a result of these standards.
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Electric buses are eco-friendly since they do not emit any harmful pollutants. Furthermore, electric buses are efficient and provide clean urban transportation, giving a viable alternative to maintaining clean air in metropolitan areas.
MARKET INTRODUCTION
As a result, many urban areas in countries progressively accept e-transport systems. The governments across the region enforced strict pollution standards, and directives are accelerating the use of electric buses, driving the market growth across the region.The North America electric bus market is segmented based on vehicle type, hybrid powertrain, battery, end user, and country. Based on vehicle type, the market is segmented into the battery-electric bus, hybrid electric bus, and plug-in hybrid electric bus. The battery-electric bus segment dominated the market in 2021. Based on hybrid powertrain, the market is segmented into series-parallel hybrid, parallel hybrid, and series hybrid. The parallel hybrid segment dominated the market in 2021. Based on battery, the market is bifurcated into lithium iron phosphate (LIP) and lithium nickel manganese cobalt oxide (NMC). The lithium iron phosphate (LIP) segment dominated the market in 2021. Based on end user, the market is bifurcated into public and private. The public segment dominated the market in 2021. Based on country, the North America electric bus market is segmented into the US, Canada, and Mexico. The US dominated the market in 2021.
List of Companies Profiled in the North America Electric Bus Market Report are:
• AB Volvo
• BYD Company Ltd
• CAF Group
• Daimler AG
• NFI Group
• Proterra Inc.
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Key Segmentation:
The North America Electric Bus market is segmented into capacity, drive type, end use, and country.
Table of Contents:-
Report Overview: It includes the objectives and scope of the study and gives highlights of key market segments and players covered. It also includes years considered for the research study.
Executive Summary: It covers industry trends with high focus on market use cases and top market trends, market size by regions, and market size. It also covers market share and growth rate by regions.
Key Players: Here, the report concentrates on mergers and acquisitions, expansions, analysis of key players, establishment date of companies, and areas served, manufacturing base, and revenue of key players.
Breakdown by Product and Application: This section provides details about market size by product and application.
Regional Analysis: All of the regions and countries analyzed in the report are studied on the basis of market size by product and application, key players, and market forecast.
Profiles of International Players: Here, players are evaluated on the basis of their gross margin, price, sales, revenue, business, products, and other company details.
Market Dynamics: It includes supply chain analysis, analysis of regional marketing, challenges, opportunities, and drivers analyzed in the report.
Key Findings of the Research Study
Appendix: It includes details about research and methodology approach, research methodology, data sources, authors of the study, and a disclaimer.
Contact us:
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Contact person: Ankit Mathur
Email: sales@businessmarketinsights.com
Phone: +16467917070
About Us:
Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications.
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