The Electric Bus Market is expected to surpass USD 400 Billion by the year 2024. China is gaining high prominence in developing electric bus over rest of the world. The e-bus is a relatively new discovery compared to the electric car and electric bike but now every country is talking about battery powered buses with great interest. The governments of many countries understand that electric buses will transform city transport, where many cities across the world are facing severe air pollution. According to this research, the e-bus has great potential to change and reshape the whole transportation industry.
The major growth driver of electric bus market is pro government support. Climate change is one of the big concerns across the world and government of many countries set their national target to mitigate the carbon emission to control the air pollution. Electric bus will transform the city transport and shift from conventional energy to environmental friendly energy.
In this report we have done in-depth analysis of pilot project, demonstration project, technology testing, and operational efficiency testing project of different electric bus models developed by major manufacturer across the world. We have covered almost 90 cities of Europe and Nordics to provide clear picture of current electric bus adoption by government and independent agencies.
This report studies the market of both the segments Battery Electric Bus and Plug-in hybrid Electric Bus. This report provides the comprehensive insight of e-bus technology, the stock of e-bus by country and regions and their respective market. We have also fragmented the market of electric bus into five regions; China, Europe, Nordic, United States and India.
The report has been studied from the following seven points
1) Market and Forecast
2) Market Share and Forecast
3) Volume Share and Forecast
4) By Technological Segment (PHEV and BEV) Market and Forecast
5) By Technological Segment (PHEV and BEV) Volume and Forecast
6) Electric Bus Market by Regions
7) Electric Bus Volume by Regions
Key Companies covered in the report
- BYD
- Proterra Inc
- Yutong
Regions - Battery Electric Bus (BEB) Market
- China
- Europe
- Nordics
- United States
- India
Regions - Plug-in Hybrid Electric Bus Market
- China
- Europe
- Nordics
- United States
- India
Table of Contents
1. Executive Summary2. Global Electric Bus Market3. Global Electric Bus Volume
Companies Mentioned
- ABB
- BYD
- Bombardier Primove GmbH
- Ekoenergetyka-Polska
- Heliox Automotive Bv
- Jema Energy
- Powerdale Nv
- Proterra Inc
- Schunk Carbon Technology
- Siemens
- Yutong
Methodology
In this report, for analyzing the future trends for the studied market during the forecast period, the publisher has incorporated rigorous statistical and econometric methods, further scrutinized by secondary, primary sources and by in-house experts, supported through their extensive data intelligence repository. The market is studied holistically from both demand and supply-side perspectives. This is carried out to analyze both end-user and producer behavior patterns, in the review period, which affects price, demand and consumption trends. As the study demands to analyze the long-term nature of the market, the identification of factors influencing the market is based on the fundamentality of the study market.
Through secondary and primary researches, which largely include interviews with industry participants, reliable statistics, and regional intelligence, are identified and are transformed to quantitative data through data extraction, and further applied for inferential purposes. The publisher's in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of their recommendations and advice.
Primary Research
The primary purpose of this phase is to extract qualitative information regarding the market from the key industry leaders. The primary research efforts include reaching out to participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions. The publisher also established professional corporate relations with various companies that allow us greater flexibility for reaching out to industry participants and commentators for interviews and discussions, fulfilling the following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develop the analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth, and forecast
The researcher's primary research interview and discussion panels are typically composed of the most experienced industry members. These participants include, however, are not limited to:
- Chief executives and VPs of leading corporations specific to the industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investment, and valuation experts
- Key opinion leaders (KOLs)
Secondary Research
The publisher refers to a broad array of industry sources for their secondary research, which typically includes, however, is not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, webcasts, and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecasts
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