Electric Bus Market to Grow at 26.77% CAGR Driven by New Product Launches and Technology Advancements to 2020

Press Release

According to the 2016 report, electric bus market key driver is the need to adhere to regulatory standards. Prevailing regulatory standards like emission standards; fuel economy targets; subsidies available for electric, hybrid, and alternative fuel vehicles; and governments mandating greener transport solutions have a significant impact on the automotive industry as a whole. These standards set by many countries worldwide are changing the overall structure of vehicles the components used are becoming lighter and the appearance of the vehicles is being modified, with more safety features and new technologies introduced frequently.

Complete report on electric bus market spread across 62 pages, analyzing 5 major companies and providing 41 data exhibits is now available at http://www.reportsnreports.com/reports/539133-global-electric-bus-market-2016-2020.html

The global electric bus market analyst said new product launches and technology advancements will have a huge impact on market growth. Growing competition among electric bus manufacturers is expected to lead to rapid innovation and launch of new and differentiating products. New players are also entering the market and existing major players are constantly launching new buses, which show the intensity of the competition in the market.

Global Electric Bus Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. This report covers the present scenario and the growth prospects of the global electric bus market during 2016-2020. To calculate the market size, the report considers the market size calculated in both revenue and unit terms. Order a copy of Global Electric Bus Market 2016-2020 report @ http://www.reportsnreports.com/Purchase.aspx?name=539133

An electric bus market is driven by an electric motor, which obtains the energy stored and transferred by batteries. Some types of electric buses operate on the energy transferred by overhead electric wires. Electric buses have been in existence since 2009. Initially, these buses were limited to mini versions with a size of 8-10 meters; however, with continuous advancements in technology in battery, heavier and longer electric buses of 12-meter size have been developed, which are being operated in many countries across the globe.

The market is divided into the following segments based on geography: Americas, APAC and EMEA

Key players in the global electric bus market: BYD, Ebus, Proterra, Wuzhoulong, and Yutong.
Other prominent vendors in the market are: Ankai, Eagle, Nanjing Jiayuan, Zhongtong, and Zonda electric bus.
Further, the report states that a major challenge that has to be accounted for is the impact electric vehicle charging will have on power supply.

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List of Exhibits
Exhibit 01 Product offerings
Exhibit 02 Electric bus value chain
Exhibit 03 Global electric bus market segmentation
Exhibit 04 Global electric bus market (units)
Exhibit 05 Global electric bus market 2015-2020 ($ billions)
Exhibit 06 Five forces analysis
Exhibit 07 Global electric bus market segmentation by charging technology type
Exhibit 08 Global electric bus market segmentation by charging technology 2015-2020
Exhibit 09 Global autonomous charging electric bus market 2015-2020 (units)
Exhibit 10 Global non-autonomous charging electric bus market 2015-2020 (units)
Exhibit 11 Global electric bus market segmentation by geography 2015 (share)
Exhibit 12 Global electric bus market by geography 2015-2020 (share)
Exhibit 13 Electric bus market in APAC 2015-2020 (units)
Exhibit 14 Share of China in global electric bus market 2015
Exhibit 15 Share of China in APAC electric bus market 2015 and more

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