Market Research Report
Electric Bus - Global Market Outlook (2018-2027)
|Published by||Stratistics Market Research Consulting||Product code||911685|
|Published||Content info||196 Pages
Delivery time: 2-3 business days
|Electric Bus - Global Market Outlook (2018-2027)|
|Published: September 1, 2019||Content info: 196 Pages||
According to Stratistics MRC, the Global Electric Bus Market is accounted for $36.12 billion in 2018 and is expected to reach $225.65 billion by 2027 growing at a CAGR of 22.6% during the forecast period. Supportive government initiatives and increasing sales of electric buses are some of the factors fuelling the market growth. However, the risk of the battery running out is restraining market growth.
Electric buses can store the electricity onboard or can be encouraged consistently from an outer source. Transports putting away power are significantly battery electric transports, in which the electric engine acquires vitality from an on-board battery, despite the fact that instances of other stockpiling modes do exist, for example, the flywheel vitality stockpiling. In the subsequent case, power is provided by contact with outside power sources.
Based on Component, Lithium Iron Phosphate Battery is a kind of battery-powered battery, explicitly a lithium-particle battery, utilizing LiFePO4 as the cathode material, and a graphitic carbon terminal with metallic support as the anode. By Geography, Asia-Pacific region is having a huge demand in emerging countries due to the increasing population, increasing disposable income and rising awareness of environmental safety are feeling the growth in this region.
Some of the key players profiled in the Electric Bus market include AB Volvo, Anhui Ankai Automobile Co. Ltd, BYD Co. Ltd, Daimler AG, Iveco Bus, New Flyer Industries, Proterra Inc, Ryobi Bus, Scannia AB and Zhengzhou Yutong Bus Co. Ltd
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.