Electric & Hybrid Electric Buses Market Globally Analysed in Topical TechSci Research Report Now Available at MarketPublishers.com06 Apr 2016 • by Natalie Aster
LONDON – Factors such as surging concerns about the environment and rising government spending on fuel efficiency technologies and alternative fuel vehicles (AFVs) are giving a boost to the growth of the electric & hybrid electric vehicles market globally. Additionally, growing urbanisation in tandem with increasing noise and air pollution with likely emerge as other factors propelling demand for these vehicles in the years to come. Advances in the electric mobility field and the rising uptake of these buses in both developed and emerging geographies are poised to expand the size of the worldwide electric & hybrid electric bus market through 2021.
The world electric & hybrid electric bus market is likely to record a 17% CAGR through to 2021. Hybrid electric buses captured the lion’s market share as of 2015, in the coming 5 years. Additionally, sales of heavy duty electric & hybrid buses are set to increase significantly in the offing versus light duty bus variants. As of 2015, China accounted for a major proportion in worldwide demand for electric & hybrid electric buses, mainly due to most leading electric & hybrid electric bus makers like Zhengzhou Yutong Bus, BYD Company, Zhongtong Bus & Holding, Shenzhen Wuzhoulong Motors and Xiamen King Long United Automotive Industry being China-based electric & hybrid bus producers.
Topical report “Global Electric & Hybrid Electric Buses Market” elaborated by TechSci Research provides a keen, comprehensive evaluation of the global market for electric & hybrid electric buses. It provides an analysis of the market size (by volume and value), share (by technology type, vehicle type, region, and company) and forecasts. The study offers a detailed market segmentation analysis, covering market size, share and forecasts for each segment. A regional analysis of the sector is provided as well, with a focus on key countries across the regions in question. The report limelights the market dynamics (drivers & challenges) and ever-changing market trends & emerging opportunities. The report contains company profiles of the 20 dominant players operating in the market and also forecasts the market’s future development.
Global Electric & Hybrid Electric Buses Market
Published: March, 2016
Price: US$ 3,500.00
More studies by this publisher are available at TechSci Research page.