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Electric Bus Market Trends

Electric Bus Market Trends

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Electric Bus Market Trends

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  1. Summary Global Electric Bus Market Trends, By Charging technology (Autonomous, Non- autonomous), By Vehicle Type (Light Duty Electric, Heavy Duty Electric and Hybrid Electric Bus) and region - Forecast 2017-2023 Industry Insight With things going haywire, Market Research Future (MRFR) analyzes vital points to make sure that the businesses around the global Electric Bus Market Trends, 2020 are entirely prepared to tackle potential implications caused by COVID-19 pandemic. MRFR, from its study, estimates that the global Electric Bus Market Trends, can reach its target to get at least 22.8% CAGR during the forecast period 2017-2023, and will be valued USD 82.5 billion. Get Free Sample @ https://www.marketresearchfuture.com/sample_request/3202 On the contrary, the factor of high cost allied with manufacturers, lack of awareness on usability and benefits impede the expansion of the market, significantly during the forecast period. Top Industry Players The top industry players operating in the market of the global automotive electric bus are listed as Anhui Ankai Automobile Co., Ltd.( China), Daimler AG (Germany), Wright Enrichment Inc(U.S.), Volvo Group (Sweden), Zhongtong Bus Holding Co., Ltd.( China), Shandong Yi Xing Electric Auto Co., Ltd (China), Iveco (Italy), BYD Auto Co., Ltd ( China), and Beiqi Foton Motor Co., Ltd.(China). Segmentation of Market The global analysis of the electric bus market Trends is done for the segment, such as charging technology and vehicle type. In terms of the charging technology segment, the market has included autonomous and non- autonomous. In terms of vehicle type segment, the market has included light-duty electric, heavy-duty electric, and a hybrid electric bus. Regional Front Asia-Pacific is leading the Electric Bus Market Trends, with augmented government initiatives in countries such as China, India, and Japan. China is the leading market for automotive electric buses, and the government is vigorously promoting the replacement of conventional buses with electric ones. China is also budding the required infrastructure to support the use of electric buses. However, in 2017 and 2018, sales of automotive electric buses declined, owing to the changes in policies and subsidies among the national and local governments in the country. Yet in the forecast

  2. period, China may continue to observe growth in the adoption of automotive electric buses, as more than thirty cities in the Chinese have planned to accomplish 100% electrified public transit by 2020. The regions are Zhuhai, Guangzhou, Foshan, Dongguan, and Zhongshan in the Pearl River Delta, along with Hangzhou, Nanjing, Shaanxi, and Shandong. Europe region is known as one of the leading regions for the expansion of the bus sector. Governments of various countries in Europe are taking initiatives and steps to curb pollution, which in turn is boosting demand for automotive electric buses and other vehicles. the development of the market. Access Full Report @ https://www.marketresearchfuture.com/reports/automotive-electric-bus-market-3202 About Market Research Future At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous- Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members. Contact Market Research Future Office No. 528, Amanora Chambers Pune – 411028 Maharashtra, India Phone: +1646 845 9312 Email: sales@marketresearchfuture.com

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