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DUBLIN--(BUSINESS WIRE)--Oct 18, 2022--
The "Europe Electric Bus Market By Propulsion, By Battery Type, By Battery Capacity, By Range, By Seating Capacity, By Length, By Body Type, By Region, Competition Forecast & Opportunities, 2027" report has been added to ResearchAndMarkets.com's offering.
The Europe electric bus market is expected to grow at a steady rate during the forecast period, 2023-2027
Factors such as stringent government policies to reduce carbon emissions and investments to develop commercial and public electric vehicles are driving the demand for Europe electric bus market. Public transportation is considered a major source of pollution.
Governments across Europe are promoting the adoption of electric vehicles in the country to meet the emission target set up by leading authorities. The advent of hydrogen fuel cell buses is expected to create numerous growth opportunities for the market players during the forecast period.
Buses powered by hydrogen fuel cells are environment-friendly vehicles that incorporate fuel cell technology, electric propulsion, and batteries. Faster refueling and route flexibility are made possible by the electric bus. Electric buses are seen as part of the next generation of green transportation services since they are effective and have longer average lives than traditional vehicles.
BEV segment dominates the market and is expected to maintain its dominance over the next five years, 2023-2027. The high-capacity batteries in these buses are used to store electricity inside. They have a quick charge time and a longer life cycle. Nearly all of the recently registered zero-emission buses in Europe are powered by batteries.
The efforts by the leading authorities to strengthen the public transportation system across the region are expected to influence the market demand in the coming years.
The major market players operating in the Europe electric bus market are Solaris Bus & Coach sp. z o.o., VDL Bus & Coach BV, Ebusco B.V., MAN Truck & Bus SE, AB Volvo, BYD Auto Co., Ltd., Scania AB, IVECO S.p.A., Irizar Group, and Daimler AG.
Objective of the Study:
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in Europe electric bus market.
Report Scope:
Europe Electric Bus Market, By Propulsion:
Europe Electric Bus Market, By Battery Type:
Europe Electric Bus Market, By Battery Capacity:
Europe Electric Bus Market, By Range:
Europe Electric Bus Market, By Seating Capacity:
Europe Electric Bus Market, By Length:
Europe Electric Bus Market, By Body Type:
Europe Electric Bus Market, By Country:
Years considered for this report:
For more information about this report visit https://www.researchandmarkets.com/r/bb0kjd
View source version on businesswire.com:https://www.businesswire.com/news/home/20221018005709/en/
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KEYWORD: EUROPE
INDUSTRY KEYWORD: PUBLIC TRANSPORT EV/ELECTRIC VEHICLES TRANSPORT AUTOMOTIVE
SOURCE: Research and Markets
Copyright Business Wire 2022.
PUB: 10/18/2022 05:09 AM/DISC: 10/18/2022 05:09 AM
http://www.businesswire.com/news/home/20221018005709/en