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

Automotive Electric Bus Market 2018
Automotive Electric Bus Market Share, Size, Trends, And Business Opportunity Analysis Report 2018
include historic data, with forecast data to 2023. Automotive Electric Bus Market report is helpful for
future strategy development, and to know about Market Drivers, Restraints, Opportunities, And Global
market size, share, Growth, Trends, key players forecast to 2023
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.
Get Sample Report of Automotive Electric Bus Market@
https://www.marketresearchfuture.com/sample_request/3202
Market Synopsis:
Market Research Future (MRFR)’s latest study has revealed that the global automotive 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 automotive electric bus
market globally.
Rising environmental concerns coupled with initiatives undertaken by the governments in reducing fuel
emissions are driving the growth of the automotive 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
automotive electric bus market and is likely to continue the trend in the next few years.
Market Segmentation:
By charging technology, the global automotive electric bus segment is segmented into autonomous and
non-autonomous.
By vehicle type, the automotive electric bus market has been segmented into light duty electric, heavy
duty electric, and hybrid electric bus.
Regional Insights:
By region, the global automotive 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 substantial share of the market in the forthcoming years. The initiatives undertaken by the
governments in the region to curb fuel emission has led to the accelerated adoption of electric buses. The