This Research Provides an in-depth analysis of Global Electric Buses Market By 2022. The Research profiles companies like Yutong, King Long, Zhong Tong, Nanjing Gold Dragon, BYD, DFAC, CRRC, Foton, ANKAI, Guangtong, Volvo, New Flyer, Daimler, Gillig
Houston, TX -- (SBWIRE) -- 06/14/2018 -- Research N Reports has recently proclaimed the addition of a new research report to its expanding repository. The research report, titled "Global Electric Buses Market Report 2022," offers a clear understanding of the subject matter. Ongoing industrial advancements and the persistent penetration of Internet in the remote corners of the world are also responsible for the noteworthy growth of the Global Electric Buses Market.
Electric buses are a technologically advanced versions of traditional buses that operate on electricity. In these buses, electrical energy is stored in the battery and can be charged at the charging station. At present, there are two types of electric buses, including non-autonomous electric buses and autonomous electric buses. Non-autonomous electric buses are also divided into trolleybuses and airbuses. Autonomous electric buses include Kabas and gyrobus.
The global electric bus market is divided on the basis of technology, scale and geography. On the basis of technology, it is divided into pure electric buses, series hybrid buses, series parallel hybrid buses and parallel hybrid buses. According to the size is divided into 10 meters and 10 meters or more. Geographically, it is distributed in North America (USA, Mexico, and Canada), Europe (United Kingdom, Germany, France, and other parts of Europe), Asia Pacific (China, Japan, Taiwan, South Korea, and other Asia-Pacific regions), and LAMEA (Brazil, Turkey, Saudi Arabia, South Africa and the rest of LAMEA).
The global penetration rate of electric vehicles has been rising, and markets around the world have not reached saturation. This is to encourage regional manufacturers to expand their influence and enter the international market. The world's leading manufacturers are establishing joint ventures with manufacturers in developing economies, whose demand for such vehicles has grown in the past. This is the best time for global electric bus manufacturers to strengthen their foothold in the global electric bus market. Therefore, the increasing popularity of these buses is a major trend in the market.
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Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Electric Buses in these regions, from 2012 to 2022 (forecast), covering
Global Electric Buses market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
Yutong, King Long, Zhong Tong, Nanjing Gold Dragon, BYD, DFAC, CRRC, Foton, ANKAI, Guangtong, Volvo, New Flyer, Daimler, Gillig
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Battery Electric Bus
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate of Electric Buses for each application, including
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The emerging economies are expected to offer growth opportunities for the electric bus market during the forecast period. China was among the earliest adopters of electric vehicles (EV) in the world. The country has been aiming to increase the number of electric vehicles, for which the government rolled out several subsidy schemes. India, another emerging market has set a target to deploy over 11,000 electric buses in near term.
The global electric bus market has a stable structure. The top three operators have dominated in 2018. Some of the major companies in the global electric bus market include Yutong Group, AB Volvo, Shenzhen Wuzhou Dragon, BYD, Golden Dragon, Proterra Daimler, Solaris, Zhongtong, Ebusco, Alexander Dennis and Ashok Leyland.
A majority of players in the Global Electric Buses Market are focusing towards product differentiation in order to stay ahead. Several key players are collaborating and partnering as go-to strategies to maintain their position in the market. Besides this, players are also banking on unconventional production technologies, which is projected to unfold immense opportunities for market growth. With the demand for the market products following a healthy growth trajectory, the competitive rivalry in the market is likely to intensify in the near future.
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