Lucintel Forecasts the Global Electric Bus Market to Reach $132 Billion by 2030
Lucintel Forecasts the Global Electric Bus Market to Reach $132 Billion by 2030
Blog Article
According to a market report by Lucintel, the future of the global electric bus market looks promising with opportunities in the battery electric bus, plug-in hybrid electric bus, and hybrid electric bus markets. The global electric bus market is expected to reach an estimated $132 billion by 2030 from $44 billion in 2023 at a CAGR of 17% from 2023 to 2030. The major drivers for this market are increasing gasoline prices, government subsidies as tax benefits to promote electric buses, and stringent environmental regulations to reduce air pollution.
A more than 150-page report to understand trends, opportunity and forecast in electric bus market to 2030 by method type (CIPP, slip-lining, SIPP, and others), application (water main pipes, wastewater pipes, and others), diameter (<18 inch, 18-36 inch, and >36 inch), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that battery electric bus is expected to witness the highest growth over the forecast period.
Within this market, public is expected to witness the higher growth.
Zhengzhou Yutong Bus, Zhuhai Yinlong, Zhongtong, CRRC, Nanjing Jinlong, Volvo, Solaris, VDL Bus & Coach, Proterra, New Flyer are the major suppliers in the electric bus market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] to get access of more than 1000 reports at fraction of cost visit Lucintel's analytics dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056