Asia Pacific Blood Glucose Test Strip Packaging Market Research Repor Automotive Electric Bus Market

Electric Bus Market 2018
Electric Bus Market 2018 Global Research Report- Forecast to 2023 is in-depth research on Global
Electric Bus Industry, comprises comprehensive data on Global Electric Bus Market Size, Share, Trends,
Key Players, Growth Statistics, with historic and forecast data up to 2023. For better easy understanding
this report segments Global 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.
The Major Players Operating in The Market of Global Electric Bus Are:
Daimler AG (Germany), Anhui Ankai Automobile Co., Ltd.( China), Volvo Group (Sweden), Wright
Enrichment Inc(U.S.), Shandong Yi Xing Electric Auto Co.,Ltd (China), Zhongtong Bus Holding Co., Ltd.(
China), BYD Auto Co., Ltd ( China), Iveco (Italy), Ebus (Singapore) and Beiqi Foton Motor Co., Ltd.(China).
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Market Synopsis:
Market Research Future (MRFR)’s latest study has revealed that the global Electric Bus market is set to
expand exponentially at 22.8% CAGR during the forecast period 2017 to 2023. Fuel efficiency is the key
area of focus in the automotive sector and has paved the way for the swift adoption of electric buses. The
trend is likely to perpetuate in the foreseeable future, favoring the Electric Bus market globally.
Rising environmental concerns coupled with initiatives undertaken by the governments in reducing fuel
emissions are driving the growth of the Electric Bus market. Additionally, the manufacturers in the
automotive sector have widened their product offerings by adding electric & hybrid electric buses as
substitutes to diesel-fueled buses to their product lines. It is projected to have a positive impact on the
adoption of electric buses through the projection period.
Electric buses offer various benefits such as noise mitigation, thermal comfort, etc. which is likely to
intensify the demand for the product in the forthcoming years. Furthermore, the industry leaders have
catalyzed investments in research & developments for product development and gaining competitiveness
over competitors which is prognosticated to complement the market expansion. However, factors such
as the high cost of manufacturing, and lack of awareness about usefulness are holding the growth of the
Electric Bus market and is likely to continue the trend in the next few years.
Market Segmentation:
By charging technology, the global Electric Bus segment is segmented into autonomous and non-
autonomous.
By vehicle type, the Electric Bus market has been segmented into light duty electric, heavy duty electric,
and hybrid electric bus.
Regional Insights:
By region, the global Electric Bus has been segmented into North America, Europe, Asia Pacific, and the
Rest of the World. Asia Pacific holds a dominant share of the global market. It is likely to retain a