Electric Bus Market by Propulsion, Application, Consumer, Range, Bus Length, Seating Capacity, Power (Business Opportunities - Advertising Service)

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Item ID 2175001 in Category: Business Opportunities - Advertising Service

Electric Bus Market by Propulsion, Application, Consumer, Range, Bus Length, Seating Capacity, Power


The Global Electric Bus Market size is projected to grow from 112,041 units in 2022 to reach 671,285 units by 2027, at a CAGR of 43.1%. The advancements in battery pack technologies and electric powertrains are some of the major factors driving the growth of the electric bus and coach market. Many countries are focusing on electrification of their mass transit solutions, especially buses and coaches. Factors such as rise in pollution and environmental hazards, stringent government regulations, and stiff competition have compelled automotive OEMs to make fuel-efficient and environment-friendly buses.
In the electric bus market, by length of bus, the 9–14 m segment is projected to be the largest market during the forecast period in terms of volume. The 9–14 m segment is dominating the electric bus segment due to the large volumes of electric passenger buses used in public transport fleet. Most of the public transport fleets, especially in China, which accounts for almost 99% of the market have electric buses that are 9–14 m in length. Also, many of the leading OEMs such as BYD, Proterra, and Yutong have been providing electric buses in the 9–14 m length range. BYD offers K8 and K9 electric buses between 9 m and 14 m in length and a range of 155 miles and 190 miles. It also offers C8 and C9 transit buses with a range of 125 miles and 155 miles, respectively.

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Target State: Maharashtra
Target City : Navi Mumbai
Last Update : 15 March 2022 8:06 PM
Number of Views: 56
Item  Owner  : vidhya
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2022-12-09 (0.395 sec)