Electric Bus Market was valued at 112039.68 Units in 2022, and it is expected to reach 1383480.32 Units by 2029, exhibiting a CAGR of 43.2% during the forecast period (2023-2029)

Electric Bus Market Overview:

An electric bus is one that is propelled by electric motors rather than an internal combustion engine. Electric buses can either store the required power on board or be fed constantly from an external source. Although there are examples of different storage types, such as the gyrobus, which employs flywheel energy storage, the bulk of buses storing electricity is battery electric buses (which this page largely deals with), where the electric motor derives energy from an onboard battery pack. When no electricity is stored on board, it is obtained by interaction with external power sources.

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Market Scope:

The Global Electric Bus Market Report provides a comprehensive analysis of the market, covering data on several factors such as constraints, opportunities, drivers, and threats. The report provides the most up-to-date research on the current global market development plan, as well as the pre- and post-Covid-19 scenarios. It also provides a comprehensive analysis of the market's size based on end-user applications, products, kinds, trends, and major geographic areas.



Segmentation:

by Propulsion Type

• Battery Electric Vehicle (BEV)
• Plug-In Hybrid Electric Vehicle (PHEV)
• Fuel Cell Electric Vehicle (FCEV)


by Component

• Battery
• Motor
• Fuel Cell Stack
• Battery Management System
• Battery Cooling System
• EV Connector


by Range

• Up to 200 miles
• Above 200 miles


by Power Output

• Up to 250 kW
• Above 250 kW


by Battery Capacity

• Up to 400 kWh
• Above 400 kWh


by Application

• Intracity
• Intercity


by Battery Type

• Lithium-nickel-manganese-cobalt oxide
• Lithium-iron-phosphate
• Others


by Level of Autonomy

• Semi-autonomous
• Autonomous



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Key Players: the key players are

1. BYD Company Ltd.
2. Yutong
3. New Flyer Industries Inc.
4. Proterra Inc.
5. Solaris Bus & Coach SA
6. Zhongtong Bus Holding Co., Ltd.
7. Shenzhen Wuzhoulong Motors Co., Ltd.
8. EBUSCO BV.
9. Dongfeng Automobile Co., Ltd
10. Alexander Dennis
11. King Long
12. FAW Group
13. AB Volvo
14. Daimler AG
15. TATA Motors
16. Ashok Leyland
17. Nova Bus
18. Foton Motor Inc.
19. Ashok Leyland Electric Bus.
20. JBM Solaris ECOLIFE.
21. Electric Bus K9.
22. SKYPAK XL Bus.

Regional Analysis:

The report has assessed the global Electric Bus Market market in the following regions:

America, North (the United States, Canada)
European Union (Germany, France, United Kingdom, Russia)
Asia-Pacific region (China, Japan, Korea, India, Southeast Asia, and Australia)
Latin America (Brazil, Argentina, Colombia)
Africa and the Middle East (Saudi Arabia, UAE, Egypt, South Africa)


The report also includes the following:

The analysis looks at how the Electric Bus Market market is expected to grow in the future. Using Porter's five forces analysis to examine several perspectives on the Electric Bus Market market
Analyzing the product type that is most likely to dominate the market and the regions that are most likely to see rapid growth throughout the projected period
Identify new advancements, Electric Bus Market market shares, and the leading market players' strategies.


Key Questions answered in the Electric Bus Market Market Report are:

Which key trends are likely to emerge in the Electric Bus Market market in the forecast period?
What will be the Electric Bus Market market size by 2029?
Which company had the biggest share in the Electric Bus Market market in 2020?


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