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At CAGR Of 22.8% Electric Bus Market Reaching $82.5 Billion By 2023: Global Industry Size, Share, and Trends Analysis Report

03-05-2018 01:27 PM CET | Industry, Real Estate & Construction

Press release from: Market Research Future

At CAGR Of 22.8% Electric Bus Market Reaching $82.5 Billion

Electric Bus Market Size, Share, Manufacturers, Demand and Trends Analysis 2018 Report include Global Electric Bus Market historic data, with forecast data to 2023. Report provides Automotive Electric Bus Market, By Charging technology (Autonomous, Non-autonomous), By Vehicle Type (Light Duty Electric, Heavy Duty Electric and Hybrid Electric Bus) and region - Forecast 2017-2023.

Get Sample Report of Electric Bus Market 2018 to 2023 @ https://www.marketresearchfuture.com/sample_request/3202

Electric Bus Key Players:

Daimler AG (Germany), Anhui Ankai Automobile Co., Ltd.( China), Volvo Group (Sweden), Wright Enrichment Inc(U.S.), Shandong Yi Xing Electric Auto Co.,Ltd (China), Zhongtong Bus Holding Co., Ltd.( China), BYD Auto Co., Ltd ( China), Iveco (Italy), Ebus (Singapore) and Beiqi Foton Motor Co., Ltd.(China).

Electric Bus Market Highlights:

Rising environmental concerns and increasing government investments in fuel saving technologies & alternative fuel vehicles are driving the growth of the global electric bus market. Increasing number of global bus manufacturers are opting to manufacture electric & hybrid electric buses as substitutes to diesel fueled buses, thus pushing the market towards growth. Benefits such as thermal comfort and noise reduction offered by these will further enhance automotive electric bus market. Electric & hybrid electric buses helps to reduce the effects of solar heat build-up inside the car as well as turn into a filter for disruptive noises like car horns and construction work.

Whereas, high cost associated with manufacturers, lack of awareness about usability and benefits hamper the growth of the market, significantly.

Market Segmentation:

For this study, the Global Automotive Electric Bus Market has been segmented on the basis of charging technology (Autonomous, Non-autonomous), Vehicle Type (Light Duty Electric, Heavy Duty Electric and Hybrid Electric Bus) and region.

Geographic Analysis:

Asia-Pacific is dominating the automotive electric bus market with increased government initiatives in countries such as India, China, and Japan. China is the biggest market for electric buses, and the government is actively promoting the replacement of conventional buses with electric ones. China is also developing the required infrastructure to support the use of electric buses.

Europe is known as one of the one of the leading regions for growth and development in the bus sector. Governments of various countries in Europe are taking initiatives and steps to curb pollution, which in turn is boosting demand for electric and hybrid electric vehicles.

Browse Full Report on Electric Bus Market @ https://www.marketresearchfuture.com/reports/automotive-electric-bus-market-3202

Target Audience

Organizations
Manufacturer
Research Institute / Education Institute
Potential Investors

About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact Us:

528, Amanora Chambers

Magarpatta Road, Hadapsar

Pune - 411028

Maharashtra, India+1 646 845 9312

sales@marketresearchfuture.com

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