Electric Bus Industry Outlook | Zero-Emission Mobility Market Insights | Major Companies likes - BYD, YUTONG, PROTERRA, VDL GROEP, AB VOLVO, DAIMLER AG, NFI GROUP, CAF, EBUSCO BV, KING LONG and KARSAN.

The latest report published by DataM Intelligence highlights the growth prospects of Electric Bus market. The industry expansion is majorly driven by developments in technology across the globe.

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Global Electric Bus Market reached USD 53 billion in 2022 and is expected to reach USD 920 billion by 2031, growing with a CAGR of 42.8% during the forecast period 2024-2031.

An electric bus is a battery-powered public transport vehicle that produces zero tailpipe emissions, offering a cleaner and quieter alternative to traditional diesel buses. Widely adopted in urban transit systems, electric buses contribute to reduced air pollution, lower operating costs, and support global efforts toward sustainable mobility.

Competitive Evaluation:

Companies covered in this report are BYD, YUTONG, PROTERRA, VDL GROEP, AB VOLVO, DAIMLER AG, NFI GROUP, CAF, EBUSCO BV, KING LONG and KARSAN.

The Electric Bus Market analysis identifies a number of major market players. It enables companies to understand the strategies and partnerships used by other industry players to combat market competition. The comprehensive market report provides a fascinating microscopic look at the market. Corporations can detect the footprints of manufacturers by learning about demand, the global price of manufacturers, and the global benefit of manufacturing companies.

Key Development

In 2022, Chinese EV maker BYD launched the K12A electric bus, featuring a 300-mile range, advanced safety systems, and modern passenger amenities, reinforcing its leadership in the global electric bus market.

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Electric Bus Market Segments

The report covers the segmentation of the market into different segments based on various classifications such as applications, end users, product types, and others. The segmentation is divided into two sections, one for development and the other for different roles, needs, and behaviors.

By Propulsion: BEV, FCEV, PHEV

By Bus Length: Less Than 9 Meter, 9 to 14 Meter, More Than 14 Meter

By Vehicle Range: Up To 200 Miles, More Than 200 Miles

By Battery Capacity: Up To 400 KWH, More Than 400 KWH

By Power Output: Up To 250 KWH, More Than 250 KWH

By Battery: Lithium-Nickel-Manganese-Cobalt Oxide, Lithium-Iron-Phosphate, Others

By Application: Intercity, Intracity

By End-User: Government, Private

Regional Assessment:

Regional analysis includes segmentation based on the geography that accentuates the recent and future demand for Electric Bus market across North America, Europe, Asia-Pacific, Middle East & Africa, and South America. The study also focuses on the demand for each application segment over all the prominent regions.

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

In terms of geographical analysis, Electric Bus Market report provides an in-depth view of:-

∎ Regional level break-up
∎ Leading growth rates
∎ Countries with the largest market share
∎ Market factors
∎ Latest developments
∎ Industry challenges
∎ Regulatory policies
∎ Player strategies

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This report provides a 360-degree synopsis of the competitive scenario of the Electric Bus industry. It has enormous awareness joined to the ongoing item and technical improvements in the business sector. It has a thorough analysis of the impact of the potential future development of these headways, a wide-ranging review of those extensions available for future growth.

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.

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