Electric Bus Market Analysis 2022- Growth Analysis by Overview, Covid-19 outbreak, Share, Size, Top Companies, Supply-Demand, Industry Trends and Forecast to 2031

Kenneth Research, in its repository of market research reports, have recently added a report on Electric Bus Market which emphasizes on the latest trends, key opportunities, drivers, and the challenges associated with the growth of the market during the forecast period, i.e., 2022-2031.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4  billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Electric Bus Market products.

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According to the statistics by the International Environmental Agency (IEA), the global stock of electric passenger cars passed 5 million in the year 2018, which was an increase by 63% from the year 2017.

Global Electric Bus Market was valued at USD 45.8 Billion in the year 2017. Global Electric Bus Market is further estimated to grow at a CAGR of 16.35% from 2018 to reach USD 182 Billion by the year 2025. Asia Pacific region holds the highest Market share in 2017 with North America region is considered as the fastest growing Market in the forecasted period. At a country level, China holds the biggest Market in 2017 and it is projected to grow at a gradual pace in the coming years.

The major Market Players in Electric Bus Market are ABB TOSA, BYD, Daimler AG, Proterra Inc., Jiangsu Alfa Bus Co. Ltd, Jingzhou Xinwei Electric Vehicle Co. Ltd., AB Volvo, Zhengzhou Yutong Bus Co. Ltd., Zhuhai Guangtong Automobile Co. Ltd., New Flyer Industries Inc. (Other 13 companies information is provided in research report). Battery Electric Buses (BEBs) is expected to hold the highest Market share during the forecast period.

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By Size
Below 10 Meters Length
Above 10 Meters Length
By Technology
Parallel Hybrid Bus
Series Hybrid Bus
Series-Parallel Hybrid Bus
Pure Electric Bus

Oral Antiseptics Market : Investigation and Growth Forecasted until the End of 2025By Region
North America
*Rest of Europe
*Rest of Asia-Pacific
*Latin America
*Middle East & Africa

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Key points covered in this report:

  • The historical and current data is provided in the report based on which the future projections are made and the industry analysis is performed.
  • The import and export details along with consumption value and production capability of every region is mentioned in the report.
  • Porter’s five forces analysis, value chain analysis, SWOT analysis are some additional important parameters used for the analysis of market growth.

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