Electric Mid- & Large Bus Market worth $85.28 billion by 2030, growing at a CAGR of 15.16% - Exclusive Report by 360iResearch

The "Electric Mid- & Large Bus Market by Type (Battery Electric Vehicle, Fuel Cell Electric Vehicle, Plug-in Hybrid Electric Vehicle), Seating Capacity (70 Seats and Above, Below 70 Seats), Level of Autonomy, Application, End-use - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.

The Global Electric Mid- & Large Bus Market to grow from USD 31.73 billion in 2023 to USD 85.28 billion by 2030, at a CAGR of 15.16%.

Request a Free Sample Report @ https://www.360iresearch.com/library/intelligence/electric-mid-large-bus?utm_source=openpr&utm_medium=referral&utm_campaign=sample

The electric mid- and large buses are primarily used for public transportation, including city and intercity travel, and private fleets servicing institutions, airports, and hospitality entities. Stringent environmental regulations with rising favorable government policies and subsidies for adopting electric buses are driving the growth of the electric mid- and large buses market. Growing advancements in battery technology and the rising commitment of public and private sectors towards greener transportation are fueling the market's growth. Additionally, the growing demand for electric buses is propelled by increasing urbanization and the smart city movement. High initial investment costs for electric buses and the required infrastructure hampers the growth of the electric mid- and large buses market. The growing development of ultra-fast charging systems, vehicle-to-grid (V2G) technologies, and autonomous driving features further creates opportunities for the electric mid- and large bus market. Growing development of electric buses with extended range and reduced total cost of ownership, offering significant potential for manufacturers and technology providers.

The electric mid- & large bus market in the Americas is continuously growing with the rising focus on reducing greenhouse gas emissions and the procurement of electric buses in several cities. Market expansion is bolstered by supportive government policies, such as federal grants and incentives aimed at renewing fleets with electric models. South American countries are also beginning to adopt electric bus technology, with Chile and Colombia showing significant activity. Major manufacturers are investing in the development of electric buses with longer ranges and faster charging capabilities to meet the varied demands of public transit systems and school districts across the continent. The electric mid- & large bus market is rapidly expanding in the Asia-Pacific region with the availability of the government's aggressive policies favoring electric vehicle adoption, coupled with incentives and mandates. Countries such as India, China, Japan, South Korea, and Singapore are gradually implementing electric buses into their transportation networks. Rapid urbanization, environmental concerns, and the push for smart cities in the APAC region continue to drive the adoption of electric buses, making the APAC market a critical area of growth. In Europe, the Middle East, and Africa (EMEA), the electric bus market is characterized by a strong regulatory environment that prioritizes emission reductions and sustainable public transport solutions. The European segment leads the EMEA market, with several countries facilitating market growth through subsidies, grants, and regulatory frameworks. The Middle East and African regions are exhibiting nascent development in the electric bus sector, with growth being primarily driven by economic diversification efforts and the necessity to improve urban air quality.

Market Segmentation & Coverage:

This research report categorizes the Electric Mid- & Large Bus Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Type, market is studied across Battery Electric Vehicle, Fuel Cell Electric Vehicle, and Plug-in Hybrid Electric Vehicle. The Fuel Cell Electric Vehicle is projected to witness significant market share during forecast period.

Based on Seating Capacity, market is studied across 70 Seats and Above and Below 70 Seats. The Below 70 Seats is projected to witness significant market share during forecast period.

Based on Level of Autonomy, market is studied across Autonomous, Manual, and Semi-Autonomous. The Autonomous is projected to witness significant market share during forecast period.

Based on Application, market is studied across Intercity and Intracity. The Intercity is projected to witness significant market share during forecast period.

Based on End-use, market is studied across Private and Public. The Public is projected to witness significant market share during forecast period.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 38.77% in 2023, followed by Asia-Pacific.

Inquire Before Buying @ https://www.360iresearch.com/library/intelligence/electric-mid-large-bus?utm_source=openpr&utm_medium=referral&utm_campaign=inquire

FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Electric Mid- & Large Bus Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in the Electric Mid- & Large Bus Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

Key Company Profiles:

The report delves into recent significant developments in the Electric Mid- & Large Bus Market, highlighting leading vendors and their innovative profiles. These include Anhui Ankai Automobile Co., Ltd., Blue Bird Corporation, BYD Motors Inc., Construcciones y Auxiliar de Ferrocarriles, S.A., CRRC Corporation Limited, Cummins Inc., Eicher Motors Limited, Gillig LLC, GreenPower Motor Company, Lion Electric Company, Mercedes-Benz Group AG, Motiv Power Systems, Inc., NFI Group Inc., Olectra Greentech Limited, Pelican Engineering Co Ltd, Proterra Inc., REV Group Inc., Tata Motors Limited, The Lion Electric Company, Thomas Built Buses Inc., TRANSDEV Group, Traton Group, Volvo Group, Xiamen King Long International Trading Co.,Ltd., and Yutong Buses Co. Ltd..

Key Topics Covered:

1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Electric Mid- & Large Bus Market, by Type
7. Electric Mid- & Large Bus Market, by Seating Capacity
8. Electric Mid- & Large Bus Market, by Level of Autonomy
9. Electric Mid- & Large Bus Market, by Application
10. Electric Mid- & Large Bus Market, by End-use
11. Americas Electric Mid- & Large Bus Market
12. Asia-Pacific Electric Mid- & Large Bus Market
13. Europe, Middle East & Africa Electric Mid- & Large Bus Market
14. Competitive Landscape
15. Competitive Portfolio

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the Electric Mid- & Large Bus Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Electric Mid- & Large Bus Market?
3. What is the competitive strategic window for opportunities in the Electric Mid- & Large Bus Market?
4. What are the technology trends and regulatory frameworks in the Electric Mid- & Large Bus Market?
5. What is the market share of the leading vendors in the Electric Mid- & Large Bus Market?
6. What modes and strategic moves are considered suitable for entering the Electric Mid- & Large Bus Market?

Read More @ https://www.360iresearch.com/library/intelligence/electric-mid-large-bus?utm_source=openpr&utm_medium=referral&utm_campaign=analyst

Contact 360iResearch

Mr. Ketan Rohom
Sales & Marketing,
Office No. 519, Nyati Empress,
Opposite Phoenix Market City,
Vimannagar, Pune, Maharashtra,
India - 411014.
sales@360iresearch.com
+1-530-264-8485
+91-922-607-7550

About 360iResearch

360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.

We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset - our people.

Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.

Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.

This release was published on openPR.