Exploring Europe Electric Bus Market: Rising Trends, Opportunities and Forecast 2030

Europe Electric Bus Market Overview:

According to MarkNtel Advisors study the Europe Electric Bus Market size is estimated to grow at a CAGR of around 16.66% during the forecast period, i.e., 2024–30. The market's growth is driven by increased traffic jams, the expansion of online delivery services, and electric two-wheelers. Cities like Bangalore, Pune, Mumbai, and others are experiencing the worst traffic conditions in India due to the growing urban population. For instance, according to the TomTom Traffic Index in 2023, Bengaluru and Pune found themselves on the list of the ten worst traffic-hit cities globally in 2023. To combat the heavy traffic, most people are inclined toward adopting two-wheelers in these cities, substantially contributing to the overall market growth expansion. Moreover, a large number of the working population prefers commuting on scooters, primarily to avoid the burgeoning traffic. While the sales of two-wheelers are increasing, it is directly impacting the Europe Electric Bus Industry positively.

Key Trends in the Europe Electric Bus Market:

Government Mandates for Electrification of Transit System - As concerns over the ill effects of air pollution emission on human health environment are mounting rapidly, alongside the skyrocketing prices of fossil fuels, the demand for greener, cleaner, and cost-effective alternatives is escalating swiftly. It, in turn, is also influencing the demand for Electric Vehicles, including Buses, replacing Internal Combustion Engines (ICE) buses across Europe. In fact, by the time it is 2030, Europe shall demonstrate an approximately 67% surge in the sales of zero-emission buses, which would reflect a fleet size of 65,000 e-buses.

In the same line, various governing agencies in the region are also participating actively in the industry and contributing through the implementation of intense emissions regulations, propelling the demand sales for electric buses as a zero-emission solution. Since such moves allow cities to meet their environmental goals without compromising the transportation infrastructure, it is set to have a growing opportunistic future for the industry in the coming years.

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Scope of the Europe Electric Bus Market Report Segmentation

-By Propulsion Type

Battery Electric Bus (BEV)
Plug-in Hybrid Electric Bus (PHEV)
Fuel Cell Electric Bus (FCEV)

-By Battery Type

Lithium Ion
Nickel-metal hydride battery
Others (Lead-Acid Batteries, Ultracapacitors)

-By Application

Intercity
Intracity

-By End User

Private
Government

-By Length of Bus

Less the 9M
9-15M
15-20M
Above 20M

-By Battery Capacity

100-200 kWh
200-300 kWh
Above 300 kWh

-By Range

100-200 miles
Above 200 miles

For more detailed information about the Europe Electric Bus market report, click here – https://www.marknteladvisors.com/research-library/europe-electric-bus-market.html

Geographical analysis:

-By Country

The UK
Germany
Italy
France
Spain
Poland
Sweden
Belgium
The Netherlands
Rest of Europe

Current Landscape of Europe Electric Bus Market

The report delineates key market participants and thoroughly assesses their strategic approaches, trends, innovations, and manufacturing infrastructure, enabling a forecast of their market impact over the next five years. The meticulously researched data presented holds the potential to distinguish even nascent market entrants in the long term. Armed with pertinent data and actionable insights, our research report delivers a comprehensive overview of the market, empowering investors and stakeholders to establish a robust presence in the Europe Electric Bus market. The research report profiles major players, including

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Solaris Bus Coach
IVECO Bus
Traton Group
AB Volvo
Mercedes-Benz Group AG,
EBUSCO
BYD Auto Co. Ltd.
Van Hool
VDL Bus Coach
EvoBus GmbH
Others

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Exploring Europe Electric Bus Market: Rising Trends, Opportunities and Forecast 2030

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