Competitive Research Report on Global Electric Bus Market with In-Depth focus on Industry Analysis, Market Forecasts, Market Trends & Opportunities, Upcoming Challenges, Market Growth Status, Market Investments, Developments, Industry Size, Shares, Key Industry Applications and Worldwide Overview by 2026.
Market research reports are considered an integral part for many business organizations as it provides them with the much needed information to proliferate their business’ reach within the market. These high-profile and concise research reports throws light on the current market facts and figures, its projections, future prospects and also help delineate competitor analysis and customer behaviour. The Electric Bus market is globally recognized for its super productive and ever-efficient functioning. From their detailed qualitative and quantitative research to accurate SWOT and PEST analysis, this research reports provide great knowledge on how to go about using different strategies to open up opportunities in a diverse market such as the Electric Bus market.
Post COVID-19 Market Condition
Talking about diverse markets, we all know the impact COVID-19 has had on the global Electric Bus market. It certainly changed the whole economic landscape and every business had to go through the struggle of adjusting to industry alternatives. As markets around them battled with the repercussions of the virus, the Electric Bus market continued to dish out the needed business revenue and business opportunities. The Electric Bus market was able to sway through these challenges with the help of well adaptive and flexible business strategies and the vital and timely investments by their key business players.
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The global Electric Bus market is one of the fastest-growing markets in the world. The following report contains all the statistics and facts & figures related to the global Electric Bus market. Their business strategies, sales data, projections, and a host of other important data have been covered for an in-depth outlook. The report also has PEST analysis, SWOT analysis, risk analysis, and regional analysis. Volvo Group, Daimler AG, Iveco Bus, Anhui Ankai Automobile Co. Ltd and more – all the leading companies operating in the global Electric Bus market and their business strategies have been profiled in this research report.
Global Electric Bus Market is valued approximately at USD XXX billion in 2019 and is anticipated to grow with a healthy growth rate of more than XXX% over the forecast period 2020-2026. An electric bus is a type of bus which is powered by electricity. Electric buses can store electricity either on board or can be consumed unceasingly from an external source (i.e. overhead wires, as in the trolleybus, or with non-contact conductors exist on the ground). A bus that stores power are majorly known as battery electric buses, in which the electric motor takes energy from an on-board battery, although instances of additional storage modes do exist, like the gyrobus that uses flywheel energy storage. Increasing demand for the hydrogen fuel cell bus, rising focus on emission-free and energy-efficient mass transit solutions, and growing government initiatives for stimulation the adoption of electric bus are the few factors responsible for high CAGR of the market over the forecast period. For instance, in India, the National Electric Mobility Mission Plan 2020 is released with the aim to accelerate the growth of the electric and hybrid components of the automotive industry. It primarily emphasizes on fast tracing the production and introduction of electric vehicles in India. Similarly, in 2017, the Government of China paid over average of $10,000 per electric vehicle. This factor would contribute to rise in demand for electric buses around the world. However, the outbreak of COVID-19 pandemic across the globe has a swift and severe impact on every single sector including automotive industry. Government issued strict guidelines on movement of public, goods & services, due to which automobile companies cannot produce vehicles. As a result, the production of electric buses has substantially declined and affected the topline of electric bus manufacturers thereby, impacting to the market growth in the recent year. In addition, high manufacturing cost is being always consider as the major limiting factor to the market growth over the forecast period of 2020-2026.
The regional analysis of global Electric Bus market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia-Pacific is the leading/significant region across the world in terms of market share owing to increased government funding to accelerate the production of electric buses, along with the presence of significant number of OEMs such as BYD, Yutong, etc. in the countries, particularly China and India. Whereas, Asia-Pacific is also projected to exhibit highest growth rate / CAGR over the forecast period 2020-2026, due to the rapidly growing electric vehicle (EV) charging infrastructure in the region.
Major market players included in this report are:
Anhui Ankai Automobile Co. Ltd
BYD Co. Ltd.
New Flyer Industries
Zhengzhou Yutong Bus Co. Ltd.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Vehicle Type:
Battery Electric Bus
Plug-in Hybrid Electric Bus
Fuel Cell Electric Bus
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2016, 2017, 2018
Base year – 2019
Forecast period – 2020 to 2026
Target Audience of the Global Electric Bus Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers
The market research report paints a clear picture of the global Electric Bus market by providing you with qualitative research and quantitative research based on which you can assess the market to make entry into the market, make investments, or make reports & presentations. Get in touch with Market Research Port for the most competitively priced report on the global Electric Bus market.
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FAQs answered in this Market Research Report:
Which market parameters are responsible for the significant and rapid growth of the Electric Bus market?
Which key players are dominating the Electric Bus market across the world?
Which product and application segments will be at the top in 2021?
What will be the market size of the global Electric Bus industry in 2021?
Which global and regional markets will be at the top in the upcoming years?
Which product and application segments will have a long term and significant growth in 2021?
What are the emerging opportunities, developments and challenges in the Electric Bus market?
Which market trends are taking over the growth of the global market?
What business strategies are adopted by the key industry players in the Electric Bus market?
After post COVID-19 situation, what is the scenario in the Electric Bus market?
Key Chapters From The TOC :
Chapter 1.Executive Summary
1.2.Global & Segmental Market Estimates & Forecasts, 2018-2026 (Usd Billion)
1.2.1.Electric Bus Market, By Region, 2018-2026 (Usd Billion)
1.2.2.Electric Bus Market, By Vehicle Type, 2018-2026 (Usd Billion)
1.2.3.Electric Bus Market, By Application, 2018-2026 (Usd Billion)
Chapter 2.Global Electric Bus Market Definition And Scope
2.1.Objective Of The Study
2.2.Market Definition & Scope
2.2.1.Scope Of The Study
2.3.Years Considered For The Study
2.4.Currency Conversion Rates
Chapter 3.Global Electric Bus Market Dynamics
3.1.Electric Bus Market Impact Analysis (2018-2026)
Chapter 4.Global Electric Bus Market: Industry Analysis
4.1.Porter’S 5 Force Model
4.1.1.Bargaining Power Of Suppliers
4.1.2.Bargaining Power Of Buyers
4.1.3.Threat Of New Entrants
4.1.4.Threat Of Substitutes
4.1.6.Futuristic Approach To Porter’S 5 Force Model (2016-2026)
4.3.Investment Adoption Model
4.4.Analyst Recommendation & Conclusion
Chapter 5.Global Electric Bus Market, By Vehicle Type
5.2.Global Electric Bus Market By Vehicle Type, Performance – Potential Analysis
5.3.Global Electric Bus Market Estimates & Forecasts By Vehicle Type 2016-2026 (Usd Billion)
5.4.Electric Bus Market, Sub Segment Analysis
5.4.1.Battery Electric Bus
5.4.2.Plug-In Hybrid Electric Bus
5.4.3.Fuel Cell Electric Bus
Chapter 6.Global Electric Bus Market, By Application
6.2.Global Electric Bus Market By Application, Performance – Potential Analysis
6.3.Global Electric Bus Market Estimates & Forecasts By Application 2016-2026 (Usd Billion)
6.4.Electric Bus Market, Sub Segment Analysis
Chapter 7.Global Electric Bus Market, Regional Analysis
7.1.Electric Bus Market, Regional Market Snapshot
7.2.North America Electric Bus Market
7.2.1.U.S. Electric Bus Market
22.214.171.124.Vehicle Type Breakdown Estimates & Forecasts, 2016-2026
126.96.36.199.Application Breakdown Estimates & Forecasts, 2016-2026
7.2.2.Canada Electric Bus Market
7.3.Europe Electric Bus Market Snapshot
7.3.1.U.K. Electric Bus Market
7.3.2.Germany Electric Bus Market
7.3.3.Rest Of Europe Electric Bus Market
7.4.Asia-Pacific Electric Bus Market Snapshot
7.4.1.China Electric Bus Market
7.4.2.India Electric Bus Market
7.4.3.Japan Electric Bus Market
7.4.4.Rest Of Asia Pacific Electric Bus Market
7.5.Latin America Electric Bus Market Snapshot
7.5.1.Brazil Electric Bus Market
7.5.2.Mexico Electric Bus Market
7.6.Rest Of The World Electric Bus Market
Chapter 8.Competitive Intelligence
8.1.Top Market Strategies
188.8.131.52.Financial (Subject To Data Availability)
8.2.4.Anhui Ankai Automobile Co. Ltd
8.2.5.Byd Co. Ltd.
8.2.6.New Flyer Industries
8.2.10.Zhengzhou Yutong Bus Co. Ltd.
Chapter 9.Research Process
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