Automotive Electric Bus Market is Expected to Grow at a 36.56% CAGR in the Forecast Period 2032

Pune, India, June 15, 2017 /MRFR Press Release/- Market Research Future published a half cooked research report on automotive electric bus market. The global market for automotive electric bus is majorly driven by factors such as, convenience, fast and efficient operation among others.

Market Highlights

The global market of automotive electric bus around the world is growing rapidly. Technological advancements and heavy investments are helping automotive electric bus to grow. Developed countries are replacing their existing diesel and natural gas based public transit to zero emission buses. The surge in urbanization, along with lower operating cost of electric buses is propelling their growth in the developing countries. New trend shows that research and development is being carried on by automotive electric bus manufacturers to introduce innovative features and technology, which is pushing the market towards growth.

Taste the market data and market information presented through more than 20 market data tables and 15 figures spread over 110 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “The Global Automotive Electric Bus Report -Forecast to 2023”.

Browse In-depth Details [Table of Content, List of Figures, List of Tables] of Global automotive electric bus market

The prominent players in the automotive electric bus market include Daimler AG (Germany), Anhui Ankai Automobile Co., Ltd.( China), Volvo Group (Sweden), Wright Enrichment Inc(U.S.), Shandong Yi Xing Electric Auto Co.,Ltd (China), Zhongtong Bus Holding Co., Ltd.(  China), BYD Auto Co., Ltd ( China), Iveco (Italy), Ebus (Singapore) and Beiqi Foton Motor Co., Ltd.(China)

Market Research Future Analysis:

Market Research Future analysis show that the global market of automotive electric bus market is estimated to grow at USD 82.5 billion by the end of year 2023. Currently, Asia-Pacific is dominating the market. Countries such as China and India give this market a competitive advantage over the other regions. China is one of the dominant region for global electric bus market, due to the improved in drive quality and power and are designed exclusively for commercial purposes. Moreover, Indian bus market is fast moving towards electric and hybrid solutions.                                                                                                     

Global Automotive Electric Bus Market Size (USD Billion)

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