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The global electric bus market size grew from $29.96 billion in 2022 to $33.72 billion in 2023 at a compound annual growth rate (CAGR) of 12.5%.u00a0The electric bus market size is expected to grow to $55.17 billion in 2027 at a CAGR of 13.1%.
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Electric Bus Global Market Report 2023 Market Size, Trends and Global Forecast 2023-2032 © The Business Research Company. All Rights Reserved.
Electric Bus Market Segments The Business Research Company segments it’s Electric Bus market report as: Battery Electric Vehicle, Plug-In Hybrid Electric Vehicle, Fuel Cell Electric Vehicle By Type Lithium-Nickel-Manganese-Cobalt-Oxide, Lithium-Iron-Phosphate, Other Battery Types By Battery Type Less Than 200 Miles, Above 200 Miles By Vehicle Range By Battery Capacity Upto 400 kWh, Above 400 kWh © The Business Research Company. All Rights Reserved.
Electric Bus Market Statistics The global electric bus market size grew from $29.96 billion in 2022 to $33.72 billion in 2023 at a compound annual growth rate (CAGR) of 12.5%. The electric bus market size is expected to grow to $55.17 billion in 2027 at a CAGR of 13.1%. Global Electric Bus Market Size Forecast To 2032 55.17 33.72 29.96 2022 2023 2027 Click Here To Get A Sample Report © The Business Research Company. All Rights Reserved.
Key Market Drivers And Trends Drivers Various proactive government initiatives to encourage the use of e-buses, create lucrative growth options for the market. Trends Technology advancement is a key trend in the electric bus market. Region Asia-Pacific was the largest region in the control valve market. The regions covered in the global control valve market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. © The Business Research Company. All Rights Reserved.
Key Market Players Major players in the Electric Bus market are: ▪ Tata Motors Limited ▪ BYD Co. Ltd. ▪ AB Volvo ▪ Ashok Leyland Limited ▪ Solaris Bus & Coach S.A ▪ And more. Get More Information On The Electric Bus Market Report © The Business Research Company. All Rights Reserved.
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