What is Electric Drive Buses Market Scope?
Electric vehicle deployment has been growing rapidly over the past few years. Electric drive bus offers an opportunity for bus fleets to impact environmental improvements and energy security by providing better vehicle performance and fuel-cost savings. They have the ability to greatly reduce GHG emission as well as particulate smog and matter. With the increasing market for electric drive busses, the manufactures are aggressively researching and developing the new technologies hence the demand and growth of electric drive bus has increased in the market.
Influencing Trend:
The Growing Trend for Adoption of Hybrid Electric Buses
Market Growth Drivers:
Growing Preference for Electric Drive Busses over the Other Alternatives Is Driving the Demand for It in the Market and Increasing Air Pollution and Stringent Government Regulations on It Is Also Factor of Growth
Challenges:
Availability of Electric Fueling Infrastructure (Charging Station)
Restraints:
The Expensive Maintenance & Operations Costs of Electric Drive Bus
Opportunities:
Rapid Inclination towards Adoption of Alternatively-Fueled Buses Has Created the Growth Opportunity for the Market and Government of Different Countries Are Investing In Infrastructural Development for Lower Air Pollution And To Reduce Greenhouse Gases Is Also the Driving Growth Opportunity for Electric Drive Buses in the Market
The Electric Drive Buses market study is being classified by Type (Hybrid, Plug-in Hybrid Electric and Battery Electric), by Application and major geographies with country level break-up.
Analysts at AMA predicts that Vendors from United States will contribute to the maximum growth of Global Electric Drive Buses market throughout the predicted period.
Alexander Dennis (United Kingdom), Ashok Leyland (India), BYD (China), Daimler (Germany), Optare (United Kingdom), Tata Motors (India), Van Hool (Belgium), Wright Bus (Ireland), Trans Tech (United States) and Proterra (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Nova Bus (United States), NABI (United States), Allison (United States) and BAE (United States).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Electric Drive Buses market by Type, Application and Region.
On the basis of geography, the market of Electric Drive Buses has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Key Target Audience
Electric Drive Buses Manufacturer, Electric Drive Buses Providers, Raw Material Suppliers, Government Regulatory and Research Organizations and End-User Applications
Electric Drive Buses Market Study: Important Years
Attributes | Details |
---|
Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Major Highlights of Market Study
Demand Determinants: Identifying top-notch application and business segments that seek high growth potentials in Electric Drive Buses Market.
Key Strategic Developments: To target untapped regions more aggressively by focusing on product/service developments, innovation and R & D, new launches, Merger & acquisitions, JVs & partnerships.
Forces & Market Dynamics: Growth drivers, restraints & opportunities available in Electric Drive Buses industry is examined with reference relevant market sectors and sub-sectors.
Customization available in this Study:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also includes significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets, To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.