About Ethanol Bus
Energy is a critical input for the socio-economic development of any country. In India, fossil fuels i.e. Crude Oil and Natural Gas play a dominant role as primary energy resources constituting about 41% of the energy consumption. Bio-fuels are derived from renewable Bio-mass resources and therefore, provide a strategic advantage to promote sustainable development and to supplement conventional energy resources in meeting the rapidly increasing requirements for transportation fuels.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Ethanol Bus market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Scania AB (Sweden), Ford Motor Company (United States), General Motors Company (United States), Toyota Motor Corporation (Japanese), Volkswagen AG (Germany), Audi AG (Germany), Fiat Chrysler Automobiles N.V. (United Kingdom), Isuzu Motors Limited (Japan), Jaguar Cars (United Kingdom) and John Deere Co (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Mercedes-Benz AG (Germany) and Nissan Motor Co. Ltd. (Japan).
Segmentation Overview
AMA Research has segmented the market of Global Ethanol Bus market by Type (First-Generation Ethanol Bus and Second-Generation Ethanol Bus), Application (School, Municipal Traffic and Other) and Region.
On the basis of geography, the market of Ethanol Bus 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).
Influencing Trend:
Upsurging Technological Advancements in Manufacturing Ethanol and any Other Biofuel Based Automobile Products and Introduction to Environment-Friendly Automobiles Equipped with GPS Trackers
Market Growth Drivers:
Increasing Demand for Environmental Friendly Automobile Products and Growing Concerns about Air Pollution about GHG Emissions
Challenges:
Significant Post Purchase Maintenance and Increasing Raw Material Prices, as well as Rarely Available Biofuel
Restraints:
Comparatively Expensive that the Conventional Petrol and Diesel Automobiles and Lack of Awareness about the Environmental Friendly Buses from Underdeveloped Regions
Opportunities:
Upsurging Government Reimbursements in Green Product Development and Increasing Adoption of Green Buses from Developed Regions
Market Leaders and their expansionary development strategies
In August 2023, Toyota Motor launched the world’s first fully ethanol-powered car equipped with a flex-fuel engine. This model, based on the popular MPV Innova HyCross,
On June 24, 2019, Ford and the Austin Transportation Department’s Smart Mobility team has launched the "Austin City: One Challenge" program which is a co-creation and crowdsourcing program for residents, businesses and community groups to propose and pilot solutions that improve mobility.
According to the Environmental Protection Agency of the United States, Congress has adopted the Renewable Fuel Standard (RFS) in 2005 and expanded it in 2007. The program requires oil companies to blend increasing volumes of renewable fuels with gasoline and diesel, culminating with 36 billion gallons in 2022. In addition to this, the federal Clean Air Act Amendments of 1990 established that cities with the worst smog pollution (ozone nonattainment areas) use reformulated gasoline (RFG) beginning in 1995.
Key Target Audience
Ethanol Bus Manufacturers, Ethanol Bus Distributors and Traders, Ethanol Bus Industry Associations, Research and Development Institutes, Government Agencies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.