Title: Electric Bus Market
1Electric Bus MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2023-2028
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The global market for Electric Bus is forecast to
reach 10.2 billion by 2026, growing at CAGR
15.7 from 2021 to 2026. Buses are most preferred
mode of public transportation by many people in
day to day life. The growing population in
urban areas has increased the demand for buses.
Increasing pollution and increasing emission has
encouraged the many to convert to electric
vehicles in the bus fleet.
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- Key Takeaways
- The Electric Bus Market will have the substantial
growth in the forecast period especially in the
transit segment. As the population increases and
adoption of public transportation will be the top
priority both by Government and by the public. - Electric Bus Market is expected to shift its fuel
consumption from diesel to natural gas and
electric. This in turn will reduce the pollution
in the environment. Initiatives have been taken
due to increased pollution in the past few years
and this will drive the market grow during the
forecasted period. - APAC region will show high growth due to
increasing population and need for public
transportation for the people. This is especially
rising in countries like China and India.
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By Distribution Channel- Segment
Analysis Electric Bus Market significantly
utilized diesel as their fuel resulting in over
65 share for this hybrid bus segment in 2020 but
in recent years the pollution and emission of
toxic gases has increased. Due to increasing
pollution UITP Australia New Zealand has
conducted an event for the flagship of Zero
Emission Bus (ZEB) forum. The shift from diesel
and other fossil fuels to electric, compressed
natural gas and liquefied natural gas is because
of the stringent emission standards and
environmental regulations set by many governments.
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- Electric Bus Market Industry Outlook
- Zhengzhou Yutong Bus Co.
- Volvo, Daimler AG
- Xiamen King Long United
- Traton/Volkswagen
- Ashok Leyland
- Navister
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Electric Bus Market - Forecast(2023 -
2028) Learn More About the Report _at_
https//www.industryarc.com/Research/Electric-Bus-
Market-Research-510783
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- You Can Customize the Report as Per Your Need.
We have included Some Customization Options - Company Profile
- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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Reddy Contact (1) 970-236-3677 Email
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Contact (1) 970-236-3677
Inquiry Before Buying
Email sales_at_industryarc.com