Global Electric Bus Market Global Industry Analysis and Forecast (2018-2026)

 
 
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PUNE, India - Jan. 17, 2019 - PRLog -- Global Electric Bus Market was valued at US$ XX Bn in 2017 and is expected to reach US$ XX Bn by 2026, at a CAGR of XX % during a forecast period. The upsurge sales of vehicles is also demanding more for production via better safety feature, rising population, government regulations for reducing vehicle weight and zero emission policy. In the current scenario, demanding vehicle for purchasing rate is over 60%, government incentives and subsidy schemes are some of the growth factors of the global electric bus market.

This factor is expected to impact more on the growth of Electric Bus Market. Based on the Battery type, Lithium Iron Phosphates segment is expected to hold the largest share in the market during the forecast period due to better power density and longer lifetimes and safety are some of the benefits associated with these batteries. Lithium iron phosphate has features such as long cycle life, high safety and high temperature resistance. Increasing registration of electric vehicles (EVs) along with decreasing lithium-ion battery cost and the previous fastest growth witnessed by the lithium Iron phosphate was in March 2018 when it grew by 20%. In Operation, Autonomous market segment is also expected to lead the market growth.

The study objectives are:

· To analyze and research the status and future forecast,involving, production, revenue, consumption, historical and forecast.

· To present the key manufacturers, production, revenue, market share, and recent development.

· To split the breakdown data by regions, type, manufacturers and applications.

· To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.

· To identify significant trends, drivers, influence factors in global and regions.

· To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

In terms of region, Asia pacific is expected to hold the largest share in the market during the forecast period owing to increased automation sector, Asia Pacific is projected to lead global growth through 2025, driven by vehicle production and sales in the region with an increase in revenue of 30%, though different countries will have different drivers. The forecast period will also hike due to rising per capita income, changing living standards of consumers, and the middle-class population is increasing in this region such as in India and China. The rising demand of electric buses will play a big part in this. India and China are forecast to be the two fastest-growing markets in Asia Pacific for vehicles production. The report includes a detailed study of Porter's Five Forces model to analyze the different factors affecting the growth of the market. Moreover, the study also covers a market attractiveness analysis, PESTLE analysis, Value Chain Analysis, and SWOT analysis.

Key Players Operating in Electric Bus Market

• BYD Company Ltd. • Yutong • New Flyer Industries Inc. • Proterra Inc. • Solaris Bus & Coach SA • Zhongtong Bus Holding Co., Ltd. • Shenzhen Wuzhoulong Motors Co., Ltd. • EBUSCO BV. • Dongfeng Automobile Co., Ltd • Alexander Dennis • King Long • FAW Group • AB Volvo • Daimler AG • TATA Motors • Ashok Leyland • Nova Bus • Foton Motor Inc. • BYD Company Ltd. • Yutong

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(6) Changing business centers and Consumer segments

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