Global Electric Bus Market Strategic Industry Evolutionary Analysis Focus on Leading Key Players,Trends and Revenue Growth Analysis by Forecast To 2027

Global Electric Bus Market

Global Electric Bus Market report provides an exclusive analysis of market size, market share, production, consumption, gross margin, and price. The report presents elaborative data of key market players analysis which will affect the industry growth. The report offers insights into industry revenue returns, growth patterns, competitive market status and recent development opportunities. The Electric Bus Market report comprises research methodologies, PESTLE, Porter’s Five Forces analysis, and CAGR status. The report delivers a quantitative analysis of key countries according to their revenue share & latest technologies advancements in North America, Europe, Asia Pacific, Latin America, and MEA.

Electric bus is defined as a bus which does not have a traditional ICE engine for its propulsion & it is completely electric. Electric bus is also referred as E-bus which is driven by an on-board electric motor that receives the power from on-board batteries or set of batteries. These are considered as eco-friendly buses as they do not produce any pollutants and also they are economical as compared to traditional/gasoline/ diesel buses. Electric buses are divided into various types such as battery electric bus, hybrid electric bus and plug-in hybrid electric bus.

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The growing demand for fuel efficient, low-emission buses and high performance is expected to drive the demand for electric buses over the forecast period. Stringent government regulations towards vehicle emission and reduction in battery prices will significantly boost the global electric bus market growth. Furthermore, the increase in demand for environment friendly buses will positively influence the market growth. The rise in demand for hydrogen fuel cell bus expected to drive the global electric bus market growth. Hydrogen fuel cell buses are considered as a next generation green transport. They consist speedy refueling pace & route flexibility. Ongoing technological advancements in every industry are focusing towards the adoption of innovation & efficient ways for market growth. Proactive government initiatives for adoption of electric buses will create opportunities for the market in near future.

Low fuel economy and serviceability and high manufacturing cost are expected to hamper the global electric bus market growth during this forecast period. The initial cost of electric bus is huge as compared to conventional buses which may limit the market growth.

Market Key Players

Various key players are listed in this report such as

  • Volvo,
  • BYD Company,
  • Construcciones y Auxiliar de Ferrocarriles,
  • Daimler AG,
  • Ankai Bus,
  • NFI Group,
  • Proterra,
  • Zhengzhou Yutong Bus Co., Ltd.,
  • VDL GROEP,
  • Scannia AB, etc.

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Market Taxonomy

By Type

Battery Electric Vehicle

Fuel Cell Electric Vehicle

Plug-In Hybrid Electric Vehicle

By Length

Less Than 9 Meters

9-14 Meters

Above 14 Meters

By Range

Less Than 200 miles

More Than 200 miles

By Battery Capacity

Up to 400 kWh

Above 400 kWh

By Power Output

Upto 250 kW

Above 250kW

By Region

North America

Latin America

Europe

Asia Pacific

Middle East & Africa

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About Us

QualiKet Research is a leading Market Research and Competitive Intelligence partner helping leaders across the world to develop robust strategy and stay ahead for evolution by providing actionable insights about ever changing market scenario, competition and customers. QualiKet Research is dedicated to enhancing the ability of faster decision making by providing timely and scalable intelligence. We use different intelligence tools to come up with evidence that showcases the threats and opportunities which helps our clients outperform their competition.

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