Battery Electric Bus (BEB) Market Growth Trend & Forecast with latest research study released by Delvens evaluating the market risk side analysis, highlighting opportunities, and leveraging strategic and tactical decision-making support. The report provides information on market trends and development, growth drivers, technologies, and the changing investment structure of the Global market, the global Battery Electric Bus (BEB) Market size was estimated at USD 41.8 billion in 2023 and is projected to reach USD 332.8 billion in 2030 at a CAGR of 34.5% during the forecast period to 2030.
Get Free Sample Report: https://www.delvens.com/get-free-sample/battery-electric-bus-market
The battery electric bus market is driven by factors such as increasing demand for fuel-efficient, efficient and low-emission buses, strict government rules and regulations on vehicle emissions and declining battery prices. However, the market growth is limited by high production costs and low fuel economy and serviceability. Additionally, technological advancements and proactive government initiatives to adopt e-buses are creating lucrative growth opportunities for the market. In addition, governments are implementing various measures to promote the adoption of electric buses worldwide.
Asia-Pacific to Dominate the Market
- Asia-Pacific is estimated to account for the largest market share during the forecast period owing to the increasing need to reduce pollution and dependency on fossil fuels.
- Moreover, the growing government initiatives towards clean public transport and availability of key market players like BYD, Yutong etc.
The Prominent Players in the Battery Electric Bus (BEB) Market
- BYD Company Limited
- AB Volvo
- Proterra
- VDL Group
- King Long United Automotive Industry Co. Ltd
- Daimler Truck AG
- NFI Group Inc
- Zhongtong Bus Holding Co. Ltd.
- Anhui Ankai Automobile Co. Ltd
- Ashok Leyland Limited
- Zhengzhou Yutong Bus Co., Ltd.
- TATA Motors Limited
- CAF (Solaris)
- Yinlong Energy
- Blue bird Corporation
- The lion electric company
- Blue bus and More
Recent Developments
- The valley transportation authority (VTA) in Santa Clara City, US, will install an innovative clean energy microgrid and EV fleet charging system with Proterra and Scale Microgrid Solutions. This project will showcase how clean energy paired with fleet-scale EV charging can enable the adoption of fully electric vehicles fleets. Expected to come online in late 2023, it will help VTA further reduce greenhouse gas emissions.
- Daimler AG received an order to supply 45 buses to VLP transport for intercity transport.
Access Full Report: https://www.delvens.com/report/battery-electric-bus-market
In addition to the market data for the Battery Electric Bus (BEB) Market, Delvens offers client-centric reports customized according to the company’s specific demand and requirements.
Access More Related Reports:
Electric Vehicle (EV) High-Speed Position Sensors Market
About Us:
Delvens is a strategic advisory and consulting company headquartered in New Delhi, India. The company holds expertise in providing syndicated research reports, customized research reports and consulting services. Delvens qualitative and quantitative data is highly utilized by each level from niche to major markets, serving more than 1K prominent companies by assuring to provide the information on country, regional and global business environment. We have a database for more than 45 industries in more than 115+ major countries globally.
Delvens database assists the clients by providing in-depth information in crucial business decisions. Delvens offers significant facts and figures across various industries namely Healthcare, IT & Telecom, Chemicals & Materials, Semiconductor & Electronics, Energy, Pharmaceutical, Consumer Goods & Services, Food & Beverages. Our company provides an exhaustive and comprehensive understanding of the business environment.
Contact us:
Unit No. 01, 3rd Floor, Plot No. 56, Block B
Sector 2 Noida, Near Noida Sector 15 Metro Station 201301, IN
+44 20 3290 6466
+0120- 4903958
