Global Electric and Hybrid Bus Market – China, France, the U.K. and Germany Being Early Adopters

Posted on 2018-10-05 by Goldstein Research in Transportation & Logistics // 0 Comments

New York, USA, 2018-Oct-05 — /EPR Network/ —According to Goldstein Research, global electric bus market is expected to reach 40,067 units by 2024, growing at a CAGR of 25.3% over the forecast period 2016-2024. Though the electric and hybrid bus market is in its initial phase but the rising venture funding and technological development are significantly driving the market. electric bus market segmentation has been done on the basis of technology, vehicle type, end-user, and geography. Urban buses, based on vehicle type, acquired a largest market share of 41.0% in 2016 owing to demand from a large number of commuters in urban cities. Global electric and hybrid bus market is largely dominated by Asia-Pacific region with 51.2% market share in 2016.

The fast urbanization and rising population igniting the growth of public transportation are the key factors behind the large market share of APAC region. For North America to comply with environmental concerns and related policies, North America electric and hybrid bus market share is increasing and reached 32.1% in 2016.

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Market Segmentation

On the basis of our in-depth analysis, Global Electric and Hybrid Bus Market can be segmented as follows:

By Technology

Fuel Cells
Plug-in Hybrids
Hybrid
Electric

By Vehicle Type

Urban buses
Intercity buses
Touring coaches
Minibusses

By End-User

Government
Fleet Owners

By Region

North America Electric And Hybrid Bus Market Analysis, 2016-2024
Global Electric And Hybrid Bus Market Analysis, 2016-2024
The Middle East And Africa Electric And Hybrid Bus Market Analysis, 2016-2024
Latin America Electric And Hybrid Bus Market Analysis, 2016-2024
Asia Pacific Electric And Hybrid Bus Market Analysis, 2016-2024
Rest Of The World Electric And Hybrid Bus Market Analysis, 2016-2024

“Global Electric and Hybrid Bus Market Outlook 2024” includes a comprehensive overview of the global electric and hybrid bus market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by technology, vehicle type, end-user, and geography.

The Global Electric and Hybrid Bus Market Report highlights the competitive outlook of major global players that includes the business strategies, product portfolio, revenue distribution, financial analysis, R&D activities, and investments. The comprehensive analysis of electric and hybrid bus market report is drafted as per the clients to help them in assessing their business strategies in the competitive environment.

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Major players of the global electric and hybrid bus market analyzed in the report are: 3D Systems, TNO, Natural Machines, Systems & Materials Research Corporation, By flow and Print2taste GmbH, Barilla, Candyfab, Beehex, Inc., Choc Edge, Modern Meadow, Nu Food and North Branch Everbright, etc.

Further, Global Electric and Hybrid Bus Market Report encompass the key factors driving the growth of the market, opportunities in the market and the factors posing threats & challenges to the market. The Electric and Hybrid Bus Market Outlook also comprises the market dynamics, risk analysis, SWOT analysis, USP analysis, BPS Analysis & market attractiveness. Report further also includes the expert analysis and remarks showcasing the complete overview of the market based on intensive analysis of political, economic, social, technological, environmental & legal factors of each region in the market.

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Our analysts working on transportation industry analysis to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in the vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.