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EV Bus Market: Unveiling Growth Outlook
According to HTF Market Intelligence, theGlobal EV Bus market to witness a CAGR of 23% during forecast period of 2024-2030. Global EV Bus Market Breakdown by Application (Shuttles (Airfields, etc), Transit Buses, School/Universities Buses, Others) by Type (Battery Electric Bus (BEB), Plug-in Hybrid Electric Bus (PHEB), Hybrid Electric Bus (HEB)) and by Geography (North America, South America, Europe, Asia Pacific, MEA). The EV Bus market size is estimated to increase by USD Billion at a CAGR of 23% from 2024 to 2030.. Currently, market value is pegged at USD 45 Billion.
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An electric vehicle (EV) bus is a bus that runs on electric power, often powered by batteries, to reduce emissions and dependence on traditional fossil fuels.
Some of the key players profiled in the study are Zhengzhou Yutong Group Co. Ltd. (China), King Long United Automotive Industry Co. Ltd. (China), BYD Company Limited (China), Proterra Inc. (United States), Ab Volvo (Sweden), Daimler Ag (Germany), Solaris Bus & Coach S.A. (Poland), Zhongtong Bus & Holding Co. Ltd. (China), Ebusco (Netherlands), Shenzhen Wuzhoulong Motors Co. Ltd (China).
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HTF Market Intelligence is a leading market research company providing end-to-end syndicated and custom market reports, consulting services, and insightful information across the globe. HTF MI integrates History, Trends, and Forecasts to identify the highest value opportunities, cope with the most critical business challenges and transform the businesses. Analysts at HTF MI focuses on comprehending the unique needs of each client to deliver insights that are most suited to his particular requirements.
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Craig Francis (PR & Marketing Manager) HTF Market Intelligence Consulting Private Limited Phone: +15075562445 [email protected]
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Revolutionizing Urban Mobility: Electric Bus Market Set to Reach 448.920 Thousand Units by 2031, Reveals Transparency Market Research
The global Electric Bus market is estimated to attain a valuation of 448.920 Thousand Units by the end of 2031, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 17.89% during the forecast period, 2021-2031.
The key objective of the TMR report is to offer a complete assessment of the global market including major leading stakeholders of the Electric Bus industry. The current and historical status of the market together with forecasted market size and trends are demonstrated in the assessment in simple manner. In addition, the report delivers data on the volume, share, revenue, production, and sales in the market.
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The report by TMR is the end-product of a study performed using different methodologies including the PESTEL, PORTER, and SWOT analysis. The study with the help of these models shed light on the key financial considerations that players in the Electric Bus market need to focus on identifying competition and formulate their marketing strategies for both consumer and industrial markets. The report leverages a wide spectrum of research methods including surveys, interviews, and social media listening to analyze consumer behaviors in its entirety.
Electric Bus Market: Industry Trends and Value Chain
The study on the Electric Bus market presents a granular assessment of the macroeconomic and microeconomic factors that have shaped the industry dynamics. An in-depth focus on industry value chain help companies find out effective and pertinent trends that define customer value creation in the market. The analysis presents a data-driven and industry-validated frameworks for understanding the role of government regulations and financial and monetary policies. The analysts offer a deep-dive into the how these factors will shape the value delivery network for companies and firms operating in the market.
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Electric Bus Market: Branding Strategies and Competitive Strategies
Some of the key questions scrutinized in the study are:
What are some of the recent brand building activities of key players undertaken to create customer value in the Electric Bus market?
Which companies are expanding litany of products with the aim to diversify product portfolio?
Which companies have drifted away from their core competencies and how have those impacted the strategic landscape of the Electric Bus market?
Which companies have expanded their horizons by engaging in long-term societal considerations?
Which firms have bucked the pandemic trend and what frameworks they adopted to stay resilient?
What are the marketing programs for some of the recent product launches?
The list of key players operating in the Electric Bus market includes following names:
AB Volvo,Alexander Dennis,Ashok Leyland,BYD Company Limited,Daimler AG,Dongfeng Motor Group Company Limited.,EBUSCO BV,FAW Group,Foton Motor Inc.,IVECO,King Long,New Flyer Industries, Inc.,Nova Bus,Proterra Inc.,Shenzhen Wuzhoulong Motors Co., Ltd.,Solaris Bus & Coach S.A.,Tata Motors,Yutong,Zhongtong Bus Holding Co., Ltd.,Other Key Players
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Electric Bus Market: Assessment of Avenues and Revenue Potential in Key Geographies
Some of the key aspects that the study analyzes and sheds light are:
Which regions are witnessing rise in investments in the supply chain networks?
Which countries seems to have benefitted from recent import and export policies?
Which regions have witnessed decline in consumer demand due to economic and political upheavals?
Which are some the key geographies that are likely to emerge as lucrative markets?
Which regions are expected to lose shares due to pricing pressures?
Which regions leading players are expected to expand their footprints in the near future?
What are some the sustainability trends impacting the logistics and supply chain dynamics in the Electric Bus market?
What are some of the demographic and economic environments that create new demand in developing economies?
How are changing government regulations shaping business strategies and practices?
More Trending Reports by Transparency Market Research –
About Us Transparency Market Research
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.
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Nikhil Sawlani Transparency Market Research Inc. CORPORATE HEADQUARTER DOWNTOWN, 1000 N. West Street, Suite 1200, Wilmington, Delaware 19801 USA Tel: +1-518-618-1030 USA – Canada Toll Free: 866-552-3453
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Tiket Bus Harga Bus Po Bus Agen Bus Zhongton
“Di dalam bus ini terpasang CCTV (tiap bus ada tiga buah kamera), GPS, dan automatic fire fighting, jadi kalau ada api otomatis air akan keluar dan mematikan api,” ujar Dirut Damri, Agus S Subrata, di Kantor Perum Damri, Jalan Matraman Raya, Jakarta Timur, Selasa (15/1/2013).
SONY DSC
Selain itu, bus impor ini juga memiliki keunikan. Keunikannya terletak pada bentuk bagian depan bus. “Kami memakai model sunny bullet untuk bentuk depan bus. Dijamin orang akan lihat karena menarik,” imbuh Agus.
Perusahaan angkutan milik pemerintah, Perum Damri, mengimpor 66 unit armada bus dari Cina. Bus bermerk Zhong Tong. Bus ini diklaim memiliiki tiga kelebihan.
Tidak hanya itu, bus ini juga dilengkapi dengan Wifi. “Lengkap dengan wifi. Jadi di mana-mana bisa browsing,” ungkapnya.
Lebih lanjut, Agus memaparkan bahwa bagian atas bus itu menggunakan teknologi high deck (dengan tinggi 1,5 meter). “Ini yang pertama di dunia, rata-rata negara yang lain itu low deck (dengan tinggi di bawah 1,1 meter). Maksudnya, high deck itu supaya orang nakal tidak bisa naik ke atas bus,” paparnya.
Bus Zhong Tong ini berkapasitas 150 orang, di mana 40 penumpang duduk dan sisanya berdiri. Apabila dipaksakan, dalam jam sibuk, maka bisa muat 170 penumpang.
Soal mesin, bus ini memakai mesin dari Korea, bernama Dossu, berkekuatan 340 HP (horse power).
Bus Zhong Tong diharapkan bisa membantu Gubernur DKI Jakarta, Joko Widodo, mengatasi kemacetan di ibukota.
“Kami fokusnya siap bantu Pemda DKI Jakarta, dengan import angkutan massal. Mudah-mudahan persis 100 harinya Gubernur dan Wakil Gubernur, 66 armada bus itu bisa dimanfaatkan,” ucap Direkur Utama Damri, Agus S Subrata, di kantor pusat Damri, Jalan Matraman Raya 25, Jakarta Timur, Selasa (15/1/2013).
Menurut Agus, impor armada bus dari Cina ini merupakan komitmen Damri untuk membantu Pemerintah Provinsi DKI Jakarta dalam melayani transportasi publik. Nantinya, armada baru Damri ini akan bertugas di koridor 1 (Blok M-Kota) dan koridor 8 (Lebak Bulus-Harmoni) dari jalur Busway.(Ein)
Pengadaan bus TransJakarta dari Tiongkok sempat membuat sensasi karena banyak komponennya yang berkarat. Beberapa insiden seperti bus terbakar dan mogok juga terjadi pada bus-bus baru tersebut sehingga Pemprov DKI memutuskan untuk menghentikan pengadaannya. Insiden bus Tiongkok ini bahkan sudah menyeret mantan Kepala Dinas Perhubungan Udar Pristono ke pengadilan.
Sejak 2006, TransJakarta memiliki kebijakan untuk menggunakan bahan bakar gas untuk seluruh armadanya. Pada saat itu Mercedes-Benz dan Hino tidak memiliki armada yang tersedia stoknya. Akhirnya produsen Korea, yaitu Daewoo dan Hyundai, yang dipilih oleh operator untuk melayani koridor 2 dan 3. Mereka kemudian juga mengadakan armada untuk koridor 4 sampai 8. Selain mereka, Hino kembali berpartisipasi untuk memperkuat armada TransJakarta.
Masalah mulai timbul ketika TransJakarta menerapkan kebijakan menggunakan bus gandeng. Tidak ada dari bus-bus Korea dan Jepang tadi yang siap untuk memenuhi spesifikasi bus gandeng Transjakarta yang cukup unik, yaitu: High Floor (lantai tinggi), gandeng, dan berbahan bakar gas.
Saat itulah mulai gelombang pertama produsen bus Tiongkok masuk ke Jakarta dengan 10 bus gandeng Huanghai. Hingga akhir 2012 bus Tiongkok yang beroperasi untuk TransJakarta hanya berasal dari Huanghai. Kemudian gelombang kedatangan bus Tiongkok makin deras di tahun 2013 dengan kedatangan merek ANKAI, Zhongtong dan Yutong.
Permasalahan yang terjadi pada bus-bus ini adalah karena Pemprov membelinya dengan sistem beli putus sehingga sulit untuk meminta pertanggung jawaban purna jual kepada produsennya. Minimnya suku cadang dan kurangnya dukungan teknis dari para produsen, termasuk tidak adanya kontrak kewajiban purna jual membuat perawatan bus-bus asal Negeri Tirai Bambu tersebut amat sulit.
Pemprov Sempat Incar Produsen Eropa
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Berkaca dari kondisi tersebut pada bulan Mei 2014 lalu Pemprov mulai melirik produsen dari Eropa untuk pengadaan bus TransJakarta. Dengan anggaran pengadaan mencapai Rp 3,2 triliun, berbondong-bondong para produsen bus dunia menawarkan produk mereka.
Pemprov sendiri tampak jatuh hati dengan bus merek Scania dari Swedia. Rencananya dengan dana yang ada Pemprov DKI akan membeli 2.250 unit bus. Bus gandeng standar Euro 6 tersebut diyakini lebih berkualitas daripada buatan Tiongkok yang pernah dioperasikan di Jakarta dan bermasalah itu. Uji coba yang berlangsung di area Monas tersebut diadakan PT United Tractors (UT) selaku agen tunggal pemegang merek (ATPM) Scania di Indonesia.
Direktur PT United Tractors Loudy Ellias menjelaskan, Scania memiliki kelebihan dibandingkan bus lain yang sudah beroperasi di ibu kota. Dia mencontohkan bus berbahan bakar gas itu memiliki daya tahan lebih lama daripada busway yang didatangan dari Tiongkok.
Menurut Ellias, dengan berbahan aluminium, bus Scania dapat bertahan lebih dari 10 tahun. Bus tersebut juga diklaim ramah lingkungan karena bahan bakarnya menggunakan gas standar Euro 6. Kandungan nitrogen dalam gas buangnya sangat kecil. Selain itu, bus Scania mampu membuat hingga 180 penumpang.
Memang harga per unit Scania lebih mahal dibandingkan dengan bus Zhongtong. Satu unit bus Scania harganya mencapai Rp 5,8 miliar. Sedangkan Zhongtong hanya berkisar Rp 3,4 – 3,8 miliar. Akan tetapi saat itu Basuki T Purnama yang masih menjabat wakil gubernur menyatakan bahwa selisih tersebut wajar karena secara kualitas bus Scania jauh lebih baik dari pendahulunya.
Semua bus Transjakarta berbahan bakar gas, dan diisi di SPBG tertentu. Bus-bus ini dibangun dengan menggunakan material tertentu. Untuk interior langit-langit bus, menggunakan bahan yang tahan api sehingga jika terjadi percikan api tidak akan menjalar. Untuk kerangkanya, menggunakan galvanil, suatu jenis logam campuran seng dan besi yang kokoh dan tahan karat.
Bus Transjakarta memiliki pintu yang terletak lebih tinggi dibanding bus lain sehingga hanya dapat dinaiki dari halte Transjakarta (juga dikenal dengan sebutan shelter). Pintu tersebut terletak di bagian tengah kanan dan kiri. Untuk bus gandeng memiliki tiga pasang pintu yaitu bagian depan, tengah, belakang kanan dan kiri. Sedangkan bus single di koridor 4 – 9 memiliki dua pasang pintu, yaitu bagian depan dan belakang kanan dan kiri.
Pintu bus menggunakan sistem lipat otomatis yang dapat dikendalikan dari konsol yang ada di panel pengemudi. Mekanisme pembukaan pintu pada bus tertentu telah diubah menjadi sistem geser untuk lebih mengakomodasi padatnya penumpang pada jam-jam tertentu, di dekat kursi-kursi penumpang yang bagian belakangnya merupakan jalur pergeseran pintu, dipasang pengaman yang terbuat dari gelas akrilik untuk menghindari terbenturnya bagian tubuh penumpang oleh pintu yang bergeser.
Setiap bus dilengkapi dengan papan pengumuman elektronik dan pengeras suara yang memberitahukan halte yang akan segera dilalui kepada para penumpang dalam 2 bahasa, yaitu bahasa Indonesia dan bahasa Inggris. Setiap bus juga dilengkapi dengan sarana komunikasi radio panggil yang memungkinkan pengemudi untuk memberikan dan mendapatkan informasi terkini mengenai kemacetan, kecelakaan, barang penumpang yang tertinggal, dan lain-lain. Setiap bus menampilkan informasi mengenai bus yang sedang beroperasi (Kode bus, himbauan kepada pengguna, dan call center operator bus).
Untuk antisipasi hal-hal darurat dan dalam rangka mendukung kenyamanan dan keamanan, pada tiap bus telah dilengkapi dengan alat pemecah kaca yang tersedia di beberapa bagian pada tiap bus, tombol darurat diatas pintu bus, pintu darurat (bus tertentu), serta CCTV yang terhubung dengan layar yang berada di dashboard supir bus (koridor tertentu)
Alat trasportasi Jakarta yang diperuntukan untuk mengurangi tingkat kemacetan di Ibu kota tersebut yakni Transjakarta akan menambah armadanya. Bus baru Transjakarta tersebut bermerk Scania. Setidaknya sekitar 20 bus bermerk Scania didatangkan untuk memenuhi kebutuhan transportasi di kota metropolitan tersebut. Pihak Pemprov Jakarta pun menyebutkan kalau bus bermerk Scania ini sendiri memiliki berbagai keunggulan dibandingkan dengan bus pendahulunya. Apa sajakah keunggulannya tersebut? Berikut uraiannya
Pertama adalah berkisah masalah ukuran Scania, diperkirakan dalam satu buah bus yang satu ini mampu untuk ditumpangi sebanayk 140 orang dalam sekali jalan. Di dalamnya tersedia 39 kursi, Termasuk diantaranya adalah 6 kursi prioritas dan juga dua ruang yang diperuntukan untuk penumpang yang menggunakan kursi roda, sementara penumpang lainnya yang masuk ruang tersebut sendiri diharuskan untuk berdiri.
Sementara itu tersedia pula fitur keamanan dan juga kenyamanan dalam bus Scana tersebut. Bila menilik dari berbagai fitur yang digunakan sudah termasuk teknologi yang masakini dan juga memiliki ketahanan yang lebih bagus saat digunakan di lapangan. Sementara itu, bus juga dipasangkan kamera CCTV baik di bagian dalam dan luar. Untuk masalah suspensi udara dan ketinggian bus sudah menggunakan teknologi dalam pengaturannya. Dimana teknologi tersebut dapat mengontrol dan menyesuikan beban dengan kondisi jalan yang ditempuh. Sementara itu, untuk masalah bahan bakar, bus Scania menggunakan bahan bakar berjenis bensin RON 88 yang terbilang hemat dalam penggunaannya. Setidaknya ada pengiritan sebanyak 1,5 kiloliter untuk penggunaan satu liter bensin tersebut dibandingkan dengan bus pendahulunya.
Sementara itu, pihak Perum DAMRI pun juga mengimpor setidaknya 66 bus merk Zhong Tong yang berasal dari China. Dari informasi, bus dengan merk Zhong Tong ini sendiri memiliki tiga macam keunggulan, sebut saja tersedianya fitur Global Position System (GPS), Tersedianya alat yang mampu mendeteksi adanya api dan juga melakukan pemadaman secara otomatis, dan yang terakhir menggunakan mesin terkini berjenis EURO V yang diproduksi oleh produsen Korea dengan kemampuan setara dengan 140 tenaga kuda
Sementara itu untuk muatan penumpang dari bus Zhong Tong ini adalah berkapasitas 150 orang. Setidaknya ada 40 kursi dan juga penumpang lainnya bisa berdiri di lorong bus.
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Commercial Electric Vehicle Market to Garner Brimming Revenues through 2022-2028
The recent research report on the Global Commercial Electric Vehicle Market 2022-2028 explains current market trends, possible growth rate, differentiable industry strategies, future prospects, significant players and their profiles, regional analysis, and industry shares as well as forecast details. The detail study offers a wide range of considerable information that also highlights the importance of the foremost parameters of the world Commercial Electric Vehicle market. “The Market For Commercial Electric Vehicle Is Expected to Reach Rise At A CAGR Of 20% During The Forecast Period.”(Exclusive Offer: Flat 30% discount on this report)Click Here to Get Free Sample PDF Copy of Latest Research on Commercial Electric Vehicle Market 2022 Before Purchase:
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Top Key Players are covered in this report:
Zhengzhou Yutong Group Co. Ltd.
BYD Co. Ltd.
Dongfeng Motor Corporation
Zhongtong Bus & Holding Co. Ltd.
Nanjing Golden Dragon Bus Co. Ltd.
Zhuhai Yinlong New Energy Ltd
Futian Ouhui Bus
AB Volvo
Voltia A.S.
Alke
Zenith Motors
Mitsubishi Fuso Truck and Bus Corp
On the Basis of Product, the Commercial Electric Vehicle Market Is Primarily Split Into
BEV
HEV
PHEV
FCEV
On the Basis of End Users/Application, This Report Covers
Logistics
Municipal
Transit
Travel
Others
The regions are further sub-divided into:
-North America (NA) – US, Canada, and Mexico
-Europe (EU) – UK, Germany, France, Italy, Russia, Spain & Rest of Europe
-Asia-Pacific (APAC) – China, India, Japan, South Korea, Australia & Rest of APAC
-Latin America (LA) – Brazil, Argentina, Peru, Chile & Rest of Latin America
-The Middle East and Africa (MEA) – Saudi Arabia, UAE, Israel, South Africa
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Major Highlights of the Commercial Electric Vehicle Market report study:
· A detailed look at the global Commercial Electric Vehicle Industry.
· The report analyzes the global Commercial Electric Vehicle market and provides its stakeholders with significant actionable insights.
· The report has considered all the major developments in the recent past, helping the users of the report with recent industry updates.
· The report study is expected to help the key decision-makers in the industry to assist them in the decision-making process.
· The study includes data on Commercial Electric Vehicle market intelligence, changing market dynamics, current and expected market trends, etc.
· The report comprises an in-depth analysis of macroeconomic and microeconomic factors affecting the global Commercial Electric Vehicle market.
· Market Ecosystem and adoption across market regions.
· Major trends shaping the global Commercial Electric Vehicle market.
· Historical and forecast size of the Commercial Electric Vehicle market in terms of Revenue (USD Million).
Market Segment Analysis:The Commercial Electric Vehicle Report provides a primary review of the industry along with definitions, classifications, and enterprise chain shape. Market analysis is furnished for the worldwide markets which include improvement tendencies, hostile view evaluation, and key regions development. Development policies and plans are discussed in addition to manufacturing strategies and fee systems are also analyzed. This file additionally states import/export consumption, supply and demand, charge, sales and gross margins.Browse Full Report at:
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With more than 500,000 Electric Buses, China Leading Sustainability Race
China is the largest manufacturer of electric buses and accounts for 55% of the worldwide sales of new-energy vehicles. This rapid transition to clean transportation has not only made a huge impact on the environment, with the decline in carbon dioxide emissions, but also decreased the dependence on non-renewable fuels. An extensively electrified transportation system is necessary if China wants to achieve carbon neutrality by 2060.
Electric buses consume 73% less energy than conventional buses that run on diesel. The yearly carbon dioxide emission caused by diesel vehicles is estimated at 129.91 kg per 100 km, while fully electric buses release virtually no emissions. This is why BEBs receive the strongest support from the people’s government and this is also why major OEMs have been focusing on these models.
In all, there were more than 500,000 electric buses running on the streets of China in 2019, which is higher than any other country in the world. In 2020, around 61,000 were sold and 150,000 produced in the Land of the Dragon. Further, Beijing added 11,000 more buses to its public fleet in 2020, which resulted in a massive reduction in the pollution levels for its 22 million residents.
Moreover, Shenzhen has already transitioned to 100% clean transportation with 16,000 electric buses and 22,000 electric taxis. The electric buses running in the city usually have batteries with a capacity of 250 kWh. Additionally, there are around 1,800 chargers across the city, via which it costs around $45 or CNY 300 to charge an electric bus. The headquarters of BYD, one of the major EV manufacturers in the world, is also located in Shenzhen.
BYD has been, by far, the largest electric bus provider in the People’s Republic for many years. Of the 7,000 buses it has sold around the world in over a decade, most have been bought by entities in China. Other recognized electric bus OEMs operating in the country are Zhengzhou Yutong Group Co. Ltd., Zhongtong Bus & Holding Co. Ltd. Dongfeng Motor Corp., and Anhui Ankai Automobile Co. Ltd.
Therefore, the strong need to control carbon dioxide emissions for a cleaner and healthy environment drives the demand for electric buses in China.
Access Report Summary - China Electric Bus Market Growth Forecast Research Report
#China Electric Bus Market#China Electric Bus Market Size#China Electric Bus Market Share#China Electric Bus Market Trends#China Electric Bus Market Growth#China Electric Bus Market Research Report
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Adoption of Emission-Free Technologies Poised to Augment the Global Electric Commercial Vehicle Market 2021
Market Synopsis:
According to Market Research Future (MRFR)’s report, the global electric commercial vehicle market has been forecasted to scale a healthy CAGR over the forecast period 2018 to 2023. The growth of the market is expected to be in line with the groundbreaking emission-free innovations. Electric cars are being widely adopted as a countermeasure to increasing carbon footprints.
Governments are working in order to curb carbon emissions from vehicles. Supportive laws are being enforced for the same, which is poised to catapult the electric commercial vehicle market on upward trajectory. Also, the shifts in the fueling infrastructure are prognosticated to favor the expansion of the market over the next couple of years.
The expansion of the transportation industry is supporting the proliferation of the electric commercial vehicle market. It is anticipated to exhibit similar traits through the assessment period. In addition, the efforts directed at the establishment of cost-effective charging facilities in conjunction with industry-leading charging technology innovations are forecasted to drive market growth in the upcoming years.
Investments are being made towards the development of efficient battery technologies which is likely to augment the global electric commercial vehicle market in the years to come. Also, increasing penetration of logistics industry coupled with rising fuel prices is expected to have a favorable impact on the expansion of the market. On the contrary, limited battery power and long charging durations remain impediments to market growth.
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Market Segmentation:
By vehicle type, the global electric commercial vehicle market has been segmented into bus, trucks, and others.
By component, the electric commercial vehicle market has been segmented into electric motor, EV battery, hydrogen fuel cell, and others.
By propulsion, the global electric commercial vehicle market has been segmented into battery electric vehicle, hybrid electric vehicle, plug in hybrid electric vehicle, and fuel cell electric vehicle
By range, the electric commercial vehicle market has been segmented into 0-150 miles, 151-250 miles, 251-500 miles, and above 500 miles.
Regional Analysis:
By region, the global electric commercial vehicle market has been segmented into four major regions-North America, Europe, Asia Pacific, and the Rest of the World (RoW). Asia Pacific is, at present, dominating the growth pattern of the market. China is undergoing the worst problem of pollution in the world. This, in turn, is motivating the growth of the electric commercial vehicle market in the region. Furthermore, the strengthening economic condition of the region is projected to catalyze the growth of the market in the region.
Competitive Dashboard:
The noted players of the global electric commercial vehicle market profiled in this MRFR report are Tesla (US), BYD (China), Nissan (Japan), Daimler (Germany), LG Chem (South Korea), Proterra (US), Zhongtong Bus Holding Co., Ltd (China), Panasonic (Japan), ABB (Switzerland), Delphi (US), Continental (Germany), Mitsubishi Electric (Japan), Siemens(Germany), Toshiba (Japan), and Ballard Power Systems (Canada).
Industry News:
In April 2019, China's highest profile car maker, Geely, which has investments in Volvo and Daimler, has announced the launch of ‘Geometry’ – a premium all-electric car brand.
In April 2019, BYD, China-based automobile manufacturer, has announced the introduction of the world’s longest pure electric bus K12A at Shenzhen. The bus has a passenger capacity of 250 people and can travel at a maximum speed of 70 kmph.
In April 2019, LDV Group Limited, an English van manufacturer, has announced the launch of a new small electric van at CV show 2019. The van has a range of 120-mile on a single charge. It is the first pure electric van by LDV manufactured and designed for the U.K. market and will be up for sale in 2020.
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Key Questions Addressed by the Report
What was the historic market size?
Which segmentation (Product/ Capacity) is driving market?
What will be the growth rate?
How are the key players in this market?
What are the strategies adopted by key players?
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY
2 SCOPE OF THE REPORT
2.1 MARKET DEFINITION
2.2 SCOPE OF THE STUDY
2.2.1 DEFINITION
2.2.2 RESEARCH OBJECTIVE
2.2.3 ASSUMPTIONS
2.2.4 LIMITATIONS
2.3 RESEARCH PROCESS
2.3.1 PRIMARY RESEARCH
2.3.2 SECONDARY RESEARCH
2.4 MARKET SIZE ESTIMATION
2.5 FORECAST MODEL
3 MARKET LANDSCAPE
3.1.1 THREAT OF NEW ENTRANTS
3.1.2 BARGAINING POWER OF BUYERS
3.1.3 THREAT OF SUBSTITUTES
3.1.4 SEGMENT RIVALRY
3.1.5 BARGAINING POWER OF BUYERS
3.2 VALUE CHAIN/SUPPLY CHAIN ANALYSIS
4 MARKET DYNAMICS
4.1 INTRODUCTION
4.2 MARKET DRIVERS
4.3 MARKET RESTRAINTS
4.4 MARKET OPPORTUNITIES
4.5 MARKET TRENDS
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New Energy Vehicles Market Research by Production, Revenue, Growth Rate, Sales Value, Industry Trends, Impact Factors, SWOT Analysis till 2026
Around the world "New Energy Vehicles Market" this measurable reviewing report gives comprehensive and start to finish examination accessible which can help an undertaking with recognizing remunerating possibilities and help them with assembling inventive business frameworks. The market report gives information about the current market circumstance concerning the general agilely and sales, key market models and openings in the market, and inconveniences and dangers looked by the business players.
The report gives supportive pieces of information into a wide extent of business points, for instance, fragments, features, bargains structures, designing models, to interface with perusers to verify show augmentation impressively more proficiently. Additionally, the report in addition uncovers understanding into progressing new unforeseen developments and mechanical stages, paying little mind to unequivocal contraptions, and strategies for thinking that will help with moving the presentation of attempts.
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Significant Key Market Competitors of this Global New Energy Vehicles Market –
Toyota Kirloskar Motor, Nissan, Tesla, Mitsubishi Electric Corporation, General Motors, Ford Motor Company, BMW AG, Renault, AB Volvo, Daimler AG, Volkswagen, Honda Motor Company, Fiat Automobiles, BYD Company Ltd, CHERY, ZOTYE AUTO Zotye Holding Group, YUTONG, BAIC Group, ETW International., Zhongtong Bus, Geely Auto, SAIC Motor Corporation Limited and JAC Motors among others.
Highlights of the New Energy Vehicles Market Report:
Exact market size and CAGR forecasts for the period 2019-2026.
Identification and in-depth assessment of development opportunities in key segments and regions.
Complete company profiling of top players of the New Energy Vehicles market.
Exhaustive research on innovation and other trends of the New Energy Vehicles market
Consistent industry value chain and supply chain analysis
Complete examination of key growth drivers, restraints, challenges and development prospects.
Global New Energy Vehicles Market Segmentation –
Vehicle Type is Divided Into:
Passenger cars
Buses
Industrial Vehicles
Scooters
Others
Energy Type is Divided Into:
BEV’s
PHEV’s
FCEV’s
Powertrain is Divided Into:
Series Hybrid
Parallel Hybrid
Combined Hybrid
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Regional Analysis for New Energy Vehicles Market:
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
The examination framework joined the assessment of different sections affecting the market, including the connection technique, certified scene, present and chronicled information, current market plans, mechanical turn of events, gaining upgrades and the specific ground in related endeavors, and market threats, openings, advance squares, and bothers.
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Settling on an informed business decision is a troublesome assignment; this report offers a couple of indispensable business methods to help you in choosing those choices.
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GaN Power Device Market
Gantry (Cartesian) Robot Market
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Electric Commercial Vehicle Market Insights 2020: Business Opportunity | Top Vendors- Tesla, Nissan, BYD, Daimler, Proterra, etc.
A new market study, titled “Global Electric Commercial Vehicle Market Size, Status and Forecast 2023” has been featured on Market Research Future. MRFR emphasizes that the global market is expected to grow significantly, securing a substantial market valuation and a healthy CAGR of 6% over the review period.
Top Companies Profiled in Electric Commercial Vehicle Market Research Report:
The prominent players in the global electric commercial vehicle market include Tesla (US), Nissan (Japan), BYD (China), Daimler (Germany), Proterra (US), LG Chem (South Korea), Zhongtong Bus Holding Co., Ltd (China) and Panasonic (Japan). Delphi (US), ABB (Switzerland), Continental (Germany), Siemens(Germany), Mitsubishi Electric (Japan), Toshiba (Japan), Ballard Power Systems (Canada), are among others.
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Major Highlights of TOC Covers:
Executive Summary
Key Business Trends
Regional Trends and Growth
Product Trends
End-use Trends
Definition and Forecast Parameters
Electric commercial vehicle Market Segmentation
Electric commercial vehicle Market Landscape
Contact Us
Market Research Future
+1 646 845 9312
Email: [email protected]
#Market Research Future#Electric commercial vehicle#Electric commercial vehicle Market#commercial vehicle#Electric commercial vehicle Market Growth#Electric commercial vehicle Market Share#Electric commercial vehicle Market Size#Electric commercial vehicle Market Trends#Electric commercial vehicle Market Forecast
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Diving Deep into the Global Electric Commercial Vehicle Market; A Brilliant Study Report by MRFR for 2020-2023
The electric commercial vehicle market is increasing gradually, mainly due to the rising demand for environment-friendly vehicles. Spreading awareness towards the impact of fossil fuels on the environment has led to the development of emission-free electric vehicles. Commercial electric vehicles are garnering huge popularity, becoming an attractive option for reduced maintenance cost.
Countries, across the world, are striving to reduce vehicular carbon emission by promoting electric vehicle and creating the necessary infrastructure. According to Market Research Future (MRFR), the global electric commercial vehicle market is expected to garner colossal traction by 2023. In its recently published analysis, MRFR also asserts that the market would register a healthy CAGR throughout the review period (2018 – 2023).
Continuous development in technology and basic infrastructure requirements, to make these vehicles cost-effective and easily available, fosters the growth of the market. Rising government efforts, such as subsidy plans and incentive programs to encourage adoption of electric commercial vehicles, are impacting the regional market growth, positively.
Manufacturers of commercial electric vehicles are continuously working on developing low-cost, fast-charging battery technologies that support long-range and yield promising results. Changing consumer preference to adapt electric commercial vehicle in recent years is a major factor pushing the market for commercial electric vehicles ahead.
On the other hand, intense lobbying of oil companies against EV, limited battery power, and longer charging duration are some of the key factors expected to hamper the growth of the market.
Nevertheless, increasing demand from the logistics industry to minimize the additional liability of fuel expense would support the growth of the market. Also, increasing research activities for developing battery packs for EVs, which have high power storage capacity and require less charging time are expected to propel the growth of the electric commercial vehicle market.
Global Electric Commercial Vehicle Market - Segmentation
The report is segmented into five key market dynamics to widen the scope of understanding,
By Vehicle Type : Bus and Truck, among others.
By Component : Electric Motor, Electric Vehicle Battery, and Hydrogen Fuel Cell, among others.
By Propulsion : Hybrid Electric Vehicle (HEV), Battery Electric Vehicle (BEV), Plug-in-Hybrid (PHEV) Electric Vehicle, and Fuel Cell Electric Vehicle (FCEV), among others.
By Range : 0-150 miles, 151-250 miles, 251-500 miles, and above 500 miles.
By Regions : North America, Europe, Asia Pacific, and the Rest-of-the-World.
Global Electric Commercial Vehicle Market - Regional Analysis
The Asia Pacific region is expected to retain its dominance over the global electric commercial vehicle market. Growing demand for electric trucks with low operating cost and the development of sustainable, electric commercial vehicles in the region. A strong push for New Energy Vehicles (NEVs), especially in China, would impact the market growth positively, cutting down on pollution levels in urban areas. To earn international attention, further, some Chinese electric commercial vehicle companies have been exporting their automotive to developed regions, especially to the US.
High tax on batteries used in the commercial electric vehicle under the services tax practice might prove as a significant obstacle to the government’s drive to push e-truck. The government needs to invest in electric vehicle technology to help bring down the cost of batteries, encouraging the adoption of green mobility solutions.
The electric commercial vehicle market in the European region is growing at a substantial CAGR. Strict government regulations to control vehicular CO2 emissions alongside favorable incentives policies to buy commercial electric vehicles would propel the market growth in the region. Increasing focus on the development of the infrastructure required for electric commercial vehicles, such as charging stations, is expected to drive the regional market growth.
Moreover, the lesser operating cost of electric mobility attracts users while increased discounts program and additional features or packages from manufacturers are boosting the sales of the electric commercial vehicles. Incentive policies to encourage sales in the market and stringent government policies to control vehicle emissions are major driving forces behind the market growth.
The North America electric commercial vehicle market is growing considerably. The stringent regulations enforced by the government for vehicular emission control is a key factor driving the regional market growth. Constantly rising fuel prices and increasing transport activities would further foster the market demand in the region. Simultaneously, steadily dropping prices of batteries required in the electric commercial vehicles would increase the size of the regional market, drawing consumer’s attraction towards electric mobility.
Global Electric Commercial Vehicle Market - Competitive Analysis
The electric commercial vehicle market looks fragmented but well-established, due to the presence of many large and small players. To gain a competitive advantage in the market, these players incorporate strategic initiatives such as acquisition, collaboration, partnership, product launch, and expansion.
Major Players:
Players leading the global electric commercial vehicle market include Nissan (Japan), Tesla (US), BYD (China), Proterra (US), Daimler (Germany), LG Chem (South Korea), Panasonic (Japan), Zhongtong Bus Holding Co., Ltd (China), ABB (Switzerland), Delphi (US), Continental (Germany), Mitsubishi Electric (Japan), Siemens (Germany), Toshiba (Japan), and Ballard Power Systems (Canada), among others.
Industry/ Innovation/ Related News
June 21, 2019 ----- ABB (Switzerland), a multinational engineering corporation announced the development of an electric commercial vehicle in collaboration with its pilot truck manufacturer partner E-Force Engineering Pte Ltd. (Singapore).
ABB operates mainly in robotics, power, heavy electrical equipment and automation technology areas and aims to have an all-electric ABB delivery fleet in Switzerland by the end of 2022. The new power-train for trucks is a significant example of e-mobility technology for heavy vehicles. It is ABB’s advancement in developing technologies that are more energy efficient with a lower-carbon output.
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Research Study- India Electric Bus Market
Government initiatives driving the market
The Indian electric bus market is primarily driven by the strict government emission norms and regulations and support in the form of subsidies and grants. Also, to deal with the growing concerns related to environmental degradation, the government has planned to roll out fleets of electric and hybrid buses and has taken initiatives to encourage electric bus manufacturing within the country. The Ministry of Urban Development of the country recently launched THE Green Urban Transport Scheme (GUTS) with the aim to reduce carbon emissions from the public transport vehicles in the country. The ministry proposed an INR 250 billion grant for developing electric vehicles for public transport.
The Indian electric bus market is projected to reach 4,056 units by 2025, the growth of the market is majorly driven by the increasing government support for electric vehicles and falling battery prices, according to P&S Intelligence.
Insights into market segments
On the basis of vehicle type, the Indian electric bus market is segmented into battery electric bus (BEB) and hybrid electric bus (HEB). Among these, in terms of volume, the HEB category accounted for more than 85% share in the electric bus industry in 2017. However, the fastest growth during the forecast period is expected from the BEB category, owing to higher government support for BEBs as they are eco-friendlier than HEBs.
Based on battery, the Indian electric bus market is segmented into lithium-iron-phosphate (LFP), Lithium Nickel Manganese Cobalt Oxide (NMC) batteries, and others. Among these, the LFP category recorded the highest volume sales, crossing 80% in 2017. However, the fastest growth during the forecast period is expected from the NMC category, owing to its declining price in addition to the higher energy density and safety levels that it offers.
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Declining battery prices and rising operational efficiencies poised to benefit the market
The mark-up price of electric bus is primarily decided by the battery the manufacturers use in it. In recent years, battery prices have been falling due to advancements in the technology adopted, thus, allowing the bus manufacturers to keep the price under check. With the passage of time, the Indian electric bus market is expected to grow in terms of operational efficiencies and development of infrastructure, thereby driving the adoption of these during the forecast period.
Competitive Landscape
The key players in the Indian electric bus market are Ashok Leyland Limited, Goldstone Infratech Limited, Tata Motors Limited, JBM Auto Limited, Solaris Bus & Coach SA, BYD Auto Co. Ltd., Zhongtong Auto Co., Optare PLC, Deccan Auto Limited, and Volvo Eicher Commercial Vehicles Limited.
#Indian electric bus market#Indian electric bus market Report#Indian electric bus market Size#Indian electric bus market Share#Indian electric bus market Review#Indian electric bus Companies
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Global Compressed Natural Gas Vehicles Market Growth 2019-2024
Compressed natural gas vehicle is an alternative fuel vehicle that uses compressed natural gas as the fuel rather than gasoline or diesel. CNG, or compressed natural gas, is stored at high pressure, 3,000 to 3,600 pounds per square inch (21 to 25 MPa). The required tank is more massive and costly than a conventional fuel tank. The CNG vehicle’s emissions are cleaner, with lower emissions of carbon and lower particulate emissions per equivalent distance traveled. There is generally less wasted fuel.
China automotive compressed natural gas vehicles industry is concentrated and the top three manufacturers control over 40% of the market share in 2015. Faw-Volkswagen, DPCA and Beijing Hyundai are the leaders in the global compressed natural gas vehicles market. And most top players are joint ventures that have more advanced technology and more funds.
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South Central China is the largest plants of CNG vehicles in China with the market share of over 24% in 2015, followed by Northeast and East China, whose market share are 16.98% and 17.12%, respectively. As for the demand, Shandong and Xinjiang are the leading markets.
According to this study, over the next five years the Compressed Natural Gas Vehicles market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Compressed Natural Gas Vehicles business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Compressed Natural Gas Vehicles market by product type, application, key manufacturers and key regions and countries.
This study considers the Compressed Natural Gas Vehicles value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Passenger Car
Bus
Truck
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Operating Vehicle
Family Car
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This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Faw-Volkswagen
DPCA
Beijing Hyundai
Saic-Volkswagen
DYK
Changan-Suzuki
Cherry
BYD
Lifan
Yutong
JAC
Shudu Bus
Zhongtong Bus
King Long
SG Automotive Group
Asiastar
Yangtse
Foton
Brilliance Auto
Haima
Shaolin Bus
Geely
Changan
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Compressed Natural Gas Vehicles consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Compressed Natural Gas Vehicles market by identifying its various subsegments.
Focuses on the key global Compressed Natural Gas Vehicles manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Compressed Natural Gas Vehicles with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Compressed Natural Gas Vehicles submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Table of Contents:
2019-2024 Global Compressed Natural Gas Vehicles Consumption Market Report
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Compressed Natural Gas Vehicles Consumption 2014-2024
2.1.2 Compressed Natural Gas Vehicles Consumption CAGR by Region
2.2 Compressed Natural Gas Vehicles Segment by Type
2.2.1 Passenger Car
2.2.2 Bus
2.2.3 Truck
2.3 Compressed Natural Gas Vehicles Consumption by Type
2.3.1 Global Compressed Natural Gas Vehicles Consumption Market Share by Type (2014-2019)
2.3.2 Global Compressed Natural Gas Vehicles Revenue and Market Share by Type (2014-2019)
2.3.3 Global Compressed Natural Gas Vehicles Sale Price by Type (2014-2019)
2.4 Compressed Natural Gas Vehicles Segment by Application
2.4.1 Operating Vehicle
2.4.2 Family Car
2.5 Compressed Natural Gas Vehicles Consumption by Application
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Global Automotive Chassis Systems Market 2021, Industry Growth, Trends, Share, Products Overview with COVID-19 Pandemic Presenting Future Opportunities 2027
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This Electric Buses Market research report has a complete overview of the market, covering various aspects such as product definition, segmentation based on various parameters, and the prevailing vendor landscape. The market report consists of explicit and up-to-date information about the consumer. demands, their inclinations, and their variable likings about a particular product. The report not only saves valuable time but also adds credibility to the work that has been done to grow the business. In this winning Electric Buses Market business report, thorough investment analysis is offered which forecasts imminent opportunities for the market players and develops the strategies to grow return on investment (ROI).
The Electric Buses market research report highlights the key trends and the factors driving the industry as well as those hindering it. Moreover, it boasts of accurate data pertaining the future growth model of this domain by referencing the past and present business landscape. Further, the document offers a broader perspective by defining the size and shares of the market and its segments, unveiling the top revenue prospects in the process.
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(Note: The sample of this report is updated with COVID-19 impact analysis before delivery)
By Market Verdors: King Long United Automotive Industry BYD Zhengzhou Yutong Proterra Volvo Solaris Daimler Zhongtong EBUSCO Ashok Leyland By Types: Below 10 Meters Above 10 Meters By Applications: Pure Electric Bus Series Hybrid Bus Series Parallel Hybrid Bus Parallel Hybrid Bus
A detailed outline of the Global Electric Buses Market includes a comprehensive analysis of different verticals of businesses. North America, Latin America, Asia-Pacific, Africa, and Europe have been considered for the studies on the basis of several terminologies.
Table of Content:
Market Overview: It includes six chapters, research scope, major manufacturers covered, market segments by type, Neutral and Extra Neutral Alcohol market segments by application, study objectives, and years considered.
Market Landscape: Here, the competition in the Worldwide Neutral and Extra Neutral Alcohol Market is analyzed, by price, revenue, sales, and market share by company, market rate, competitive situations Landscape, and latest trends, merger, expansion, acquisition, and market shares of top companies.
Profiles of Manufacturers: Here, leading players of the global Neutral and Extra Neutral Alcohol market are studied based on sales area, key products, gross margin, revenue, price, and production.
Market Status and Outlook by Region: In this section, the report discusses about gross margin, sales, revenue, production, market share, CAGR, and market size by region. Here, the global Neutral and Extra Neutral Alcohol Market is deeply analysed on the basis of regions and countries such as North America, Europe, China, India, Japan, and the MEA.
Application or End User: This section of the research study shows how different end-user/application segments contribute to the global Neutral and Extra Neutral Alcohol Market.
Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.
Research Findings and Conclusion: This is one of the last sections of the report where the findings of the analysts and the conclusion of the research study are provided.
Key Questions Covered in the Report :
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What would be the forecast period in the market report?
What is the market value of the Global Electric Buses Market in 2021?
What is the Key Industry Leader’s opinion for the Global Electric Buses?
Which is the base year calculated in the Global Electric Buses Market Report?
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Which market holds the maximum market share of the Global Electric Buses Market?
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Electric Bus Market 2027 | Here's All You Need to Know
According to the new market research report "Electric Bus Market by Propulsion Type (BEV, PHEV, and FCEV), Application (Intercity and Intra-city), Consumer Segment (Fleet Operators and Government), Range, Length of Bus, Power Output, Battery Capacity, Component, and Region - Global Forecast to 2027", published by MarketsandMarkets™, The global Electric Bus Market size is projected to grow from 137 thousand units in 2019 to reach 935 thousand units by 2027, at a CAGR of 27.2%
Browse and in-depth TOC on "Electric Bus Market"
155 - Tables 45 - Figures 170 - Pages
The growth of the Electric Bus Market can be attributed to the increasing focus of countries on the electrification of their public transport fleets with subsidies and favorable regulations due to emission concerns. Advancements in battery pack technologies, declining battery prices, government support, huge subsidies along with tax exemptions, and innovations in electric powertrains are some of the major factors driving the growth of the electric bus and coach industry.
Factors such as a rise in pollution and environmental hazards, stringent government regulations, and stiff competition have compelled automotive OEMs to introduce fuel-efficient and environment-friendly buses and coaches. Thus, the Electric Bus Market is expected to witness significant growth in the future.
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The Asia Pacific is expected to lead the global market during the forecast period
The Asia Pacific is the largest Electric Bus Market in the world. It comprises some of the fastest developing and developed economies in the world. The growth in the region can be attributed to the dominance of the Chinese market and the presence of leading OEMs such as BYD, Yutong, Zhongtong, and Ankai in the country, resulting in the exponential growth of the Asia Pacific Electric Bus Market. Also, Shenzhen was the first city in the world to have a fully electrified public transport fleet. The favorable regulations for electric buses, availability of electric and electronic components at cheaper rates, and rapidly growing charging infrastructure are projected to boost the Asia Pacific Electric Bus Market.
The 9-14m segment is expected to be the largest market during the forecast
In the Electric Bus Market, by the length of a bus, the 9–14 m segment is projected to be the largest market during the forecast period in terms of volume. The 9–14 m segment is dominating the electric bus segment due to the large volumes of electric passenger buses used in the public transport fleet. Most of the public transport fleets, especially in China, which accounts for almost 99% of the market have electric buses that are 9–14 m in length. Also, many of the leading OEMs such as BYD, Proterra, and Yutong have been providing electric buses in the 9–14 m length range. Countries that are planning to replace existing public fleets with electric ones are considering electric buses of the same lengths as well.
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The Middle East & Africa is expected to be the fastest-growing market during the forecast period
The Middle East & Africa, which includes Egypt, South Africa, and the UAE, is projected to be the fastest-growing market during the forecast period. The increasing demand for electric mass transit solutions, renowned OEMs expanding in the region, and government support are factors driving the Middle East & Africa Electric Bus Market. For instance, in November 2019, Egypt’s Arab Organisation for Industrialisation (AOI) started its first smart electric bus in the country with the help of Shanghai Wanxiang Group, China. Also, in May 2019, Foton Motor signed an agreement with Egypt’s Military Production Ministry to manufacture more than 2,000 electric buses in the country over the next four years. The Middle East & Africa has become a key region for OEMs to explore, as major countries in the Middle East & Africa, such as Egypt, Africa, and UAE, have a high demand for public transport due to the increasing number of tourists visiting these countries. Thus, governments are planning to replace the existing public transport with more efficient and emission-free public transport because of emission concerns.
The global Electric Bus Market is dominated by major players such as BYD (China), Yutong (China), Proterra (US), VDL Groep (Netherlands), and AB Volvo (Sweden). These companies have strong distribution networks at a global level. In addition, these companies offer an extensive product range in this market. These companies have adopted strategies such as new product developments, collaborations, and contracts & agreements to sustain their market position.
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Bus Market ReportOn a global scale, the Bus market is currently showing significant development. The Bus market is experiencing a growth velocity due to the new product prototype versions, world market dynamics, topological variations, economic statistics, product demands and sales that is taking place in the present day. The innovative methods and market study have helped many of the major players , Yutong Bus, Zhongtong Bus, Xiamen King Long Motor Group, Dongfeng Automobile, Beiqi Foton Motor, JMCG, JAC, Anhui Ankai Automobile, BYD, Yangzhou Asiastar Bus, Liaoning SG Automotive Group, Shenyang Jinbei Automotive, Anhui Jianghuai Automobile, Jiangling Motors, Dongfeng Motor Corporation, to carve a name for them in the competitive market. The plethora of Bus market analysis has helped detailed out each and every detail in a summary format for all the clients.Get 15 minutes of free Consultation and Get a quick, sample report today @https://www.promarketstatistics.com/sample-report/global-Bus-market-research-by-99-strategyThe informative report mentions every bifurcation of the product types, end-users, regions, market segmentation, and more in depth knowledge. The geographical segmentation clearly helps to understand the development and growth of the Bus market in various regions. The given Bus market report provides customers with current and forecast trends.Why Purchase this Report:Analyzing the market outlook with the recent trends and SWOT analysisBus Market dynamics scenario with market growth opportunities in the futureMarket segmentation analysis including qualitative and quantitative research incorporating the economic and non-economic impactglobal and country level market analysis integrating the demand and sales that are influencing the market growthMarket value and volume data for each segment and sub-segmentCompetitive landscape involving the market share of major players, along with strategies adopted by market players in the past five yearsComprehensive company profiles covering the product offerings, recent developments, key financial information, SWOT (Strengths, Weaknesses, Opportunities, and Threats) analysis, and strategies employed by major companies.Inquiry to get customization on report @https://www.promarketstatistics.com/check-discount/global-Bus-market-research-by-99-strategyThe key insights of the report:The report provides key market statistics on the market status of the Bus manufacturers and is an important source of guidance and direction for individuals and companies interested in the industry.The report provides industry overview including its definition, applications and manufacturing technology.The report presents the company profile, product specifications, production value, capacity, and 2013-2019 market shares for key market players.The total Bus market report is further divided by company, by application, by type and by country for the competitive landscape analysis.The report estimates 2019-2024 market development trends of Bus industry.Analysis of upstream raw materials, current market dynamics and downstream demandThe report makes some important proposals for a new project of Bus Industry before evaluating its feasibility.Want more information? Talk to an expert now [email protected]
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GLOBAL ELECTRIC BUS / COACH MARKET REPORT 2019
With the slowdown in world economic growth, the Electric Bus / Coach industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Electric Bus / Coach market size to maintain the average annual growth rate of XXX from XXX million $ in 2014 to XXX million $ in 2018, analysts believe that in the next few years, Electric Bus / Coach market size will be further expanded, we expect that by 2023, The market size of the Electric Bus / Coach will reach XXX million $. This Report covers the manufacturers’ data, including: shipment, price, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors better. This report also covers all the regions and countries of the world, which shows a regional development status, including market size, volume and value, as well as price data. Besides, the report also covers segment data, including: type segment, industry segment, channel segment etc. cover different segment market size, both volume and value. Also cover different industries clients information, which is very important for the manufacturers. Section 1: Free——Definition Section (2 3): 1200 USD——Manufacturer Detail BYD Daimler Golden Dragon NFI Group Proterra VDL Bus & Coach Volvo AB Zhengzhou Yutong Zhongtong Bus & Holding Section 4: 900 USD——Region Segmentation North America Country (United States, Canada) South America Asia Country (China, Japan, India, Korea) Europe Country (Germany, UK, France, Italy) Other Country (Middle East, Africa, GCC) Section (5 6 7): 500 USD—— Product Type Segmentation Full Battery Electric Buses (BEB) Hybrid Electric Buses (HEB) Fuel Cell Electric Buses (FCEB) Industry Segmentation Bus School Bus Tourism Channel (Direct Sales, Distributor) Segmentation Section 8: 400 USD——Trend (2018-2023) Section 9: 300 USD——Product Type Detail Section 10: 700 USD——Downstream Consumer Section 11: 200 USD——Cost Structure Section 12: 500 USD——Conclusion
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Find Shreedhar Motors Ltd on Yellow Pages Fiji a company which is also the sole agent and distributor of Ford and Subaru Vehicles in Fiji and has also acquired franchise of Zhongtong Bus Holding Co Ltd Of China to market luxury Air –conditioned Coaches made by Zhongtong Bus Holding Co Ltd.
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