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Europe Electric Bus Market – Analysis and Forecast (2019-2024)

The European electric bus market is projected to reach 11,866 units by 2024, registering a CAGR of 32.9% during the forecast period. Government support for electric vehicles, increasing need to reduce greenhouse gas emission, and advancement in technology, propelling the growth of the market.

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Europe Electric Bus Market – Analysis and Forecast (2019-2024)

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  1. Get in Touch: 1-888-253-3960 enquiry@vynzresearch.com Europe Electric Bus Market © 2018 VynZ Research All rights reserved

  2. About VynZ Research… VynZ Research is a global market research firm offering research, analytics, and consulting services on business strategies. We have a recognized trajectory record and our research database is used by many renowned companies and institutions in the world to strategize and revolutionize business opportunities. The company focuses on providing valuable insights on various technology verticals such as Chemicals, Automotive, Transportation, Energy, Consumer Durables, Healthcare, ICT and other emerging technologies. VynZ Research has one of the most qualified & experienced analysts, who are constantly tracking the markets and the technologies. The ▪ research team has years of proven experience and wide knowledge & understanding of the technology, application, business models, and regulators of the segments and the value chain involved. A trusted & proven methodology that involves highest quality of primary research, secondary analysis collated & verified through various ▪ sources including cross checking with different industry experts. Serving wide range of customers most of them from Fortune 2000 companies ▪ With a dedicated 24x7 customer helpline our customers can reach for specifying their needs ▪ Developing long term relationship with the clients and satisfying them is one of the crucial notches of the company. VynZ Research aims at ▪ gaining and retaining its clients in order to make long term customer relationship. © 2018 VynZ Research All rights reserved

  3. Europe Electric Bus Market Industry Overview The European electric bus market is projected to reach 11,866 units by 2024, registering a CAGR of 32.9% during the forecast period. Government support for electric vehicles, increasing need to reduce greenhouse gas emission, and advancement in technology, propelling the growth of the market. Market Segmentation Insight by Vehicle Type On the basis of vehicle type, the European electric bus market is categorized into battery electric bus (BEB), hybrid electric bus (HEB), plug-in hybrid electric bus (PHEB), wherein BEB category accounted for largest share in 2018. The category is expected to lead throughout the forecast period, owing to the low or zero emission of greenhouse gases, declining battery prices and improving battery efficiency. The demand for hybrid electric buses is declining as the demand has majorly shifted towards battery electric buses. © 2018 VynZ Research All rights reserved

  4. Europe Electric Bus Market Growth Drivers European electric bus market has been driven by several key factors, predominantly government support for electric vehicles, and increasing need to reduce greenhouse gas emission. Different governments across the Europe are taking initiatives to replace the petroleum based automotive fleet with electric powered vehicles. Different countries provide incentive and frame regulations to support the electric vehicles adoption. In European Union, governments are undertaking key initiatives to opt for green energy driven vehicles. The policies related to electric buss in EU is mainly focused on technological optimization and market development. The project developed prototypes to connect the islands of electromobility existing at the time of the project start. An overarching ICT architecture was defined and standards, especially for ICT interfaces, were set. New business models for public charging infrastructure were analysed and ways shown for its optimised integration into the grid. © 2018 VynZ Research All rights reserved

  5. Europe Electric Bus Market Geographic Overview Geographically, the U.K. electric bus market accounted for largest share in. This is attributed to the increasing adoption rate of electric vehicles, government supporting schemes for the adoption of electric vehicles and for developing infrastructure related to electric vehicles include charging station. Competitive Insight Some of the key players operating in the European electric bus market are Solaris Bus & Coach, VDL Bus & Coach BV, EBUSCO, Bozankaya A.S., Belkommunmash Holding, Sor Libchavy spol. s r.o., AB Volvo, Irizar Group, Scania AB, BYD company limited, and Alexander Dennis Limited. © 2018 VynZ Research All rights reserved

  6. For Sample Report :- https://www.vynzresearch.com/automotive-transportation/europe-electric-bus- market/request-sample www.vynzresearch.com © 2018 VynZ Research All rights reserved

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