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The European electric bus market is estimated to grow at an exponential CAGR during the forecast period. The rising acceptance of the electric buses owing to the growing environmental concerns along with the available federal and private funding are the key factors to propel the growth of the European electric bus market.
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Orion Market Research European Electric Bus Market, Size, Share, Analysis Report & Forecast to 2025 Request a Free Sample of our European Electric Bus Market: https://www.omrglobal.com/request- sample/european-electric-bus-market Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +1 646-755-7667, +91 780-304-0404
The European electric bus market is estimated to grow at an exponential CAGR during the forecast period. The rising acceptance of the electric buses owing to the growing environmental concerns along with the available federal and private funding are the key factors to propel the growth of the European electric bus market. In January 2020, the EU Commission had approved an increase of $326 million in German state aid for the purchase of electric buses. In July 2019, the German Federal Ministry for the Environment (BMU) had granted $15.6 million to the five cities namely Aachen, Bochum, Gelsenkirchen, Duisburg, and Offenbach for the purchase of around 70 electric buses. Moreover, according to the estimation of the UITP, the International Association of Public Transport, around 45% of newly licensed units in Europe will be fully electric by 2030.This fact reveals a significant aspect of the growth of the electric bus market in the region. A full Report of European Electric Bus Market is Available at: https://www.omrglobal.com/industry- reports/european-electric-bus-market The market is segmented on the basis of bus type, battery type, end-user, and country. Based on the bus type, the market is sub-segmented into the hybrid electric bus, fuel cell electric bus, and battery-electric bus. Based on the battery type, the market is sub-segmented into NiMH, Li-Ion, and others. Based on end-user, the market is sub-segmented into government and fleet owners. The government is anticipated to hold considerable share based on end-user owing to its active involvement in the purchase of electric buses to reduce the level of greenhouse gases. Based on the country, the market is segmented into UK, Germany, France, Italy, Spain, and the rest of Europe. Request a Free Sample of our European Electric Bus Market: https://www.omrglobal.com/request- sample/european-electric-bus-market European Electric Bus Market Segmentation By Bus Type •Hybrid Electric Bus •Fuel Cell Electric Bus •Battery Electric Bus By Battery Type •Lithium-ion batteries •NiMH Batteries •Others By End-User •Government
•Fleet Owner Regional Analysis •UK •Germany •France •Spain •Italy •Rest of Europe Company Profiles •AB Volvo •Alstom •Bollore Group •BYD co. Ltd. •COBUS Industries GmbH •Daimler AG •Ebusco B.V. •Foton Motors •Heuliez Bus Co. Ltd. •Irizar Corp. •MAN SE •Renault Group •Safra •Solaris Bus & Coach S.A. For More Customized Data, Request for Report Customization @https://www.omrglobal.com/report- customization/european-electric-bus-market About Orion Market Research Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research- based services. For More Information, Visit Orion Market Research Media Contact: Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com Contact no: +1 646-755-7667, +91 7803040404
