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(USGovernment-News.Com, October 17, 2018 ) This report covers the present scenario (with the base year being 2017) and the growth prospects of global Electric Bus market for 2018-2023. An electric bus is a bus powered by electricity. An electric bus uses electric motors or traction motors for propulsion. An electric bus may be powered through a collector system by electricity from off-bus sources, or may be self-contained with a battery or generator to convert fuel to electricity. The electric bus includes battery electric bus and hybrid bus. The battery electric bus occupies most part of the production. The main production base is located in the China, so the China is the largest production region in the world. Currently, most country has the policy support in the electric bus, like the tax support. The sales price is relative low after the subsidies, so the demand has a high growth rate. The most important technology of the electric bus is in the battery. The battery’s power density is relative low, and it can’t meet the consumer’s demand. And the company who gets the key technology of battery will get an advantage in the electric bus industry. The price is relative high than the price of the traditional bus, but due to the government’s support, the price has a certain decrease. In the future, the battery will play an important role in the development of the electric bus; the policy also plays an import role. In the future, if any company wants to enter into the new energy vehicle industry, the battery will be the most important feature.And China will be more and more important in the industry, due to the government give more support to the electric bus than electric passenger vehicles. Over the next five years, this report projects that Electric Bus will register a xx% CAGR in terms of revenue, reach US$ 33600 million by 2023, from US$ 33600 million in 2017. This report presents a comprehensive overview, market shares, and growth opportunities of Electric Bus market by product type, application, key manufacturers and key regions. To calculate the market size, this report considers value and volume generated from the sales of the following segments: Segmentation by product type: Battery Electric Bus Hybrid Bus Segmentation by application: Public Transit Highway Transportation Other This report also splits the market by region: Americas United States Canada Mexico Brazil APAC China Japan Korea Southeast Asia India Australia Europe Germany France UK Italy Russia Spain Middle East & Africa Egypt South Africa Israel Turkey GCC Countries The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Yutong King Long Zhong Tong Nanjing Gold Dragon BYD DFAC CRRC Foton ANKAI Guangtong Volvo New Flyer Daimler Gillig In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development. Research objectives To study and analyze the global Electric Bus consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023. To understand the structure of Electric Bus market by identifying its various subsegments. Focuses on the key global Electric Bus manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years. To analyze the Electric Bus with respect to individual growth trends, future prospects, and their contribution to the total market. To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks). To project the consumption of Electric Bus submarkets, with respect to key regions (along with their respective key countries). To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market. To strategically profile the key players and comprehensively analyze their growth strategies.
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