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

Electric and Hybrid Bus Industry

New York, USA, 2018-Aug-01 — /EPR Network/ — According to Goldstein Research, electric and hybrid 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 the rising venture funding and technological development are significantly driving the market. Global electric and hybrid bus market segmentation has been done on the basis of technology, vehicle type, end-user and geography. Urban buses, based on vehicle type, acquired the 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 the 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:

Global Electric and Hybrid Bus Market By Technology

  • Fuel Cells
  • Plug-in Hybrids
  • Hybrid
  • Electric

Global Electric and Hybrid Bus Market By Vehicle Type

  • Urban buses
  • Intercity buses
  • Touring coaches
  • Minibusses

Global Electric and Hybrid Bus Market By End-User

  • Government
  • Fleet Owners

Global Electric and Hybrid Bus Market By Region

  • North America (US, Canada) {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}
  • Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
  • The Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of the Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
  • Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
  • Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
  • Rest of the World {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

“Global Electric and Hybrid Bus Market Outlook 2024” contains a detailed 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 and end-user.

Further, for the in-depth analysis, Global Electric and Hybrid Bus Market Report encompass the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market research report also includes competitive outlook of some of the major players profiling of companies such as as3D 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. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.

An objective of Report:

  • To analyze and forecast market size Electric and Hybrid Bus Market.
  • To calculate the expected growth rate of Electric and Hybrid Bus Market.
  • To classify and forecast Electric and Hybrid Bus Market based on product type, Technology, end user, region, By Vehicle Type.
  • To identify market Key Players, driving factors, & trends of Electric and Hybrid Bus Market with the help of SWOT Analysis.
  • To identify and analyze the profiles of leading players involved in the manufacturing and supplying of Electric and Hybrid Bus Market.
  • To identify market opportunities for the existing and entry-level players.

Overall, the report represents the global electric and hybrid bus market trends along with the market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.

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