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Global Electric and Hybrid Bus Market – China, France, the U.K. and Germany Being Early Adopters
Electric and Hybrid Bus Industry Analysis Report 2016-2024
According to Goldstein Research, electric and hybrid bus market is expected to reach 40,067 units by 2024, growing at a CAGR of 25.3% over the forecast period 2016-2024. Though the electric and hybrid bus market is in its initial phase but the rising venture funding and technological development is significantly driving the market. Global electric and hybrid bus market segmentation has been done on the basis of technology, vehicle type, end-user and geography. Urban busses, based on vehicle type, acquired largest market share of 41.0% in 2016 owing to demand from large number of commuters in urban cities. Global electric and hybrid bus market is largely dominated by Asia-Pacific region with 51.2% market share in 2016. The fast urbanization and rising population igniting the growth of public transportation are the key factors behind the large market share of APAC region. For North America to comply with environmental concerns and related policies, North America electric and hybrid bus market share is increasing and reached 32.1% in 2016.
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On the basis of our in-depth analysis, Global Electric and Hybrid Bus Market can be segmented as follows:
Global Electric and Hybrid Bus Market By Technology
- Fuel Cells
- Plug-in Hybrids
Global Electric and Hybrid Bus Market By Vehicle Type
- Urban buses
- Intercity buses
- Touring coaches
Global Electric and Hybrid Bus Market By End-User
- Fleet Owners
Global Electric and Hybrid Bus Market By Region
- North America
- Middle East and Africa
- Latin America
- Asia Pacific
“Global Electric and Hybrid Bus Market Outlook 2024”contains detailed overview of the global electric and hybrid bus market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by technology, vehicle type and end-user.
Further, for the in-depth analysis, Global Electric and Hybrid Bus Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market research report also includes competitive outlook of some of the major players profiling of companies such as3D Systems, TNO, Natural Machines, Systems & Materials Research Corporation, By flow and Print2taste GmbH, Barilla, Candyfab, Beehex, Inc., Choc Edge, Modern Meadow, Nu Food and North Branch Everbright,etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.
Objective of Report:
- To analyze and forecast market size Electric and Hybrid Bus Market.
- To calculate the expected growth rate of Electric and Hybrid Bus Market.
- To classify and forecast Electric and Hybrid Bus Market based on product type, Technology, end user, region, By Vehicle Type.
- To identify market Key Players, driving factors, & trends of Electric and Hybrid Bus Market with the help of SWOT Analysis.
- To identify and analyze the profiles of leading players involved in the manufacturing and supplying of Electric and Hybrid Bus Market.
- To identify market opportunities for the existing and entry level players.
Overall, the report represents the global electric and hybrid bus market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts. Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview. Our analysts working on transportation industry reports to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.