Categories
Market Updates

European Electric Bus Market Size, Share 2020, Impressive Industry Growth Report 2026 – X herald

European electric bus market is projected to grow at an exponential CAGR during the forecast period (2019-2025). The key factors that propel the growth of the market include the rising acceptance of the electric buses due to the rising environmental concerns along with the available government and private funding. In January 2021, according to the Transport and Environment (T&E), EU announced its aim to achieve zero emission by 2050. In 2019, Austria and Ireland had zero emission buses, while in Switzerland and Greece, less than 4% of new buses were emission free.

(Get 15% Discount on Buying this Report)

Get Report Sample Copy @ https://www.omrglobal.com/request-sample/european-electric-bus-market

Furthermore, according to the International Association of Public Transport (UITP), announced that around 45% of newly licensed units will be fully electric by 2030. In 2020, Germany took a step to provide 80% financing of the higher cost of electric buses and it also received funding of $326 million by EU commission for purchase of electric bus. Likewise, Poland government allocated fund of $351.60  for fully electrified transport by 2030, where the population in the cities is 100,000 or more. In May 2020, four cities including Bonn, Brussels, Dublin and Milan announced funding of $4.24 billion for EU to provide support post-COVID-19 for zero-emissions bus. Therefore, government funding is increasing and rising need of zero emission is propelling the growth of the electric bus industry in Europe.

A Full Report of European Electric Bus Market is Available at: https://www.omrglobal.com/industry-reports/european-electric-bus-market

Market Coverage

  • Market number available for – 2018-2025
  • Base year- 2018
  • Forecast period- 2019-2025
  • Segment Covered- By Bus Type, By Battery Type, By End-user
  • Region Covered-European
  • Competitive Landscape- BYD co. Ltd., AB Volvo, MAN SE, Daimler AG, Irizar Corp., Ebusco Ltd., COBUS Industries GmbH and others.

European Electric Bus Market Report Segment

By Bus Type

  • Hybrid Electric Bus
  • Fuel Cell Electric Bus
  • Battery Electric Bus

By Battery Type

By End-User

European Electric Bus Market- Countries Covered

  • UK
  • Germany
  • Italy
  • Spain
  • France
  • Rest of Europe

Reasons to Buying From us –

1. We cover more than 15 major industries, further segmented into more than 90 sectors.

2. More than 120 countries are for analysis.

3. Over 100+ paid data sources mined for investigation.

4. Our expert research analysts answer all your questions before and after purchasing your report.

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.

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404

Press Release Distributed by Xherald

Leave a Reply

Your email address will not be published. Required fields are marked *