Automotive Electric Bus Market is Expected to Grow at a 22.8% CAGR in the Forecast Period

Pune, India, 2017-Jul-13 — /EPR Network/ —

Global 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.

The global market of automotive electric bus around the world is growing rapidly. Technological advancements and heavy investments are helping automotive electric bus to grow. Developed countries are replacing their existing diesel and natural gas based public transit to zero emission buses. The surge in urbanization, along with lower operating cost of electric buses is propelling their growth in the developing countries. New trend shows that research and development is being carried on by automotive electric bus manufacturers to introduce innovative features and technology, which is pushing the market towards growth.

Taste the market data and market information presented through more than 20 market data tables and 15 figures spread over 110 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “The Global Automotive Electric Bus Report -Forecast to 2023”.

 

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The prominent players in the automotive electric bus market include

• 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)
• Beiqi Foton Motor Co., Ltd.(China)

Market Research Future analysis show that the global market of automotive electric bus market is estimated to grow at USD 82.5 billion by the end of year 2023. Currently, Asia-Pacific is dominating the market. Countries such as China and India give this market a competitive advantage over the other regions. China is one of the dominant region for global electric bus market, due to the improved in drive quality and power and are designed exclusively for commercial purposes. Moreover, Indian bus market is fast moving towards electric and hybrid solutions.

 

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Study Objectives of Automotive Electric Bus Market

• To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the automotive electric bus market
• To provide insights about factors affecting the market growth
• To analyze the automotive electric bus market based Porter’s Five Forces Analysis
• To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies, North America, Europe, Asia-Pacific, and Rest of the World (ROW) and their countries
• To provide country level analysis of the market with respect to the current market size and future prospective
• To provide country level analysis of the market for segment by charging technology, vehicle type and sub-segments
• To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
• To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the automotive electric bus

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.  

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Target Audience

• Organizations
• Manufacturer
• Research Institute / Education Institute
• Potential Investors

The report for Global Automotive Electric Bus Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions. 

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