Asia Pacific Blood Glucose Test Strip Packaging Market Research Repor Automotive Electric Bus Market Research Report- Fo
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Global Automotive Electric Bus Market Research Report- Forecast
2023
Report / Search Code: MRFR/AM/2311-HCRR
Publish Date: May, 2018
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Global Automotive Electric Bus Market, By Charging
technology (Autonomous, Non-autonomous), By
Vehicle Type (Light Duty Electric, Heavy Duty Electric
and Hybrid Electric Bus) and region - Forecast 2017-
2023.
Market Synopsis of Automotive Electric Bus Market
Rising environmental concerns and increasing government
investments in fuel saving technologies & alternative fuel vehicles
are driving the growth of the global electric bus market. Increasing
number of global bus manufacturers are opting to manufacture
electric & hybrid electric buses as substitutes to diesel fueled buses,
thus pushing the market towards growth. Benefits such as thermal
comfort and noise reduction offered by these will further enhance
automotive electric bus market. Electric & hybrid electric buses
helps to reduce the effects of solar heat build-up inside the car as
well as turn into a filter for disruptive noises like car horns and
construction work.
Whereas, high cost associated with manufacturers, lack of
awareness about usability and benefits hamper the growth of the
market, significantly.
Market is expected to reach at market size of USD 82.5 billion by
the end of forecast period with CAGR of 22.8% between 2017 and
2023.
Study Objectives of Automotive Electric Bus Market
To provide detailed analysis of the market
structure along with forecast of the various
segments and sub-segments of the
automotive electric bus market
To provide insights about factors
affecting the market growth