The global electric bus market is estimated to grow at a CAGR of around 17% during the forecast period. The major factors contributing to the growth of the market include the government of the major countries is highly investing to reduce the emission of toxic gases in the environment. Therefore, the governments of different countries have implemented strict emission rules and regulations. These regulations are influencing the growth of the electric bus market. Even the governments of major countries are adopting electric buses in their cities as a step toward making a green environment. Electric buses are efficient and do not emit harmful substances.

Request a free sample of our report on Global Electric Bus Market: https://www.omrglobal.com/request-sample/electric-bus-market



As per the International Energy Agency (IEA), the total electric bus sold in 2018 was 92,000 units with the total electric bus stock reached to 460000. China covers 99% of the electric bus market whereas India, Europe, and Latin America had shown growth in the procurement of the electric buses. The reduction in the prices of lithium batteries in 2018 by 18% from 2017 is another driving factor for the market to grow as batteries are the major cost components in the electric buses.

A full report of Global Electric Bus Market Is available at https://www.omrglobal.com/industry-reports/electric-bus-market



Global Electric Bus Market Segmentation

By Bus Type

Hybrid Electric Bus

Fuel Cell Electric Bus

Battery Electric Bus

By Battery Type

Lithium-ion batteries

NiMH Batteries

Others

By End-User

Government

Fleet Owner

Regional Analysis

North America

United States

Canada

Europe

UK

Germany

Italy

Spain

France

Rest of Europe

Asia-Pacific

China

India

Japan

Rest of Asia-Pacific

Rest of the World

Company Profiles

AB Volvo

Allison Transmission, Inc.

Anhui Ankai Automobiles Co. Ltd

Ashok Leyland Corp.

Avass Group of Companies

BlueBird Corp.

BYD Co. Ltd.

Daimler AG

Ebusco B.V.

Ekova Electric A.S.

For more customized data, request for report customization @ https://www.omrglobal.com/report-customization/electric-bus-market



About Us:

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting, and other research-based services.



For More Information, Visit https://www.omrglobal.com/



Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: [email protected]

Contact no: +91 780-304-0404