DUBLIN, May 9, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Electric Bus Market 2016-2020" report to their offering.
The global electric bus market is expected to grow at a CAGR of 26.77% during the period 2016-2020.
New product launches and technology advancements will have a huge impact on market growth. Growing competition among electric bus manufacturers is expected to lead to rapid innovation and launch of new and differentiating products. New players are also entering the market and existing major players are constantly launching new buses, which shows the intensity of the competition in the market.
According to the report, a key market driver is the need to adhere to regulatory standards. Prevailing regulatory standards like emission standards; fuel economy targets; subsidies available for electric, hybrid, and alternative fuel vehicles; and governments mandating greener transport solutions have a significant impact on the automotive industry as a whole. These standards set by many countries worldwide are changing the overall structure of vehicles - the components used are becoming lighter and the appearance of the vehicles is being modified, with more safety features and new technologies introduced frequently.
Further, the report states that a major challenge that has to be accounted for is the impact electric vehicle charging will have on power supply.
Key questions answered in this report:
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by charging technology
PART 07: Geographical segmentation
PART 08: Market drivers
PART 09: Impact of drivers
PART 10: Market challenges
PART 11: Impact of drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
PART 14: Key vendor analysis
For more information visit http://www.researchandmarkets.com/research/p9xpx9/global_electric
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SOURCE Research and Markets