U.K. Electric Bus Charging Station Market COVID-19 Impact Analysis By Segmentations, Key Company Profiles & Demand 1 ©P&SIntelligence.Allrightsreserved
The popularity of electric buses has soared rapidly in the U.K. over the last few years. This is mainly because of the growing public awareness of the environmental damage caused dueto the utilization of oil and gas-powered buses. The swift rise in the number of electric buses running on British roads and public transport fleets is boosting the requirement for electric bus charging stations and other kinds of charging facilities all over the U.K. In addition to being deployed in public transport fleets, electric buses are being increasingly deployed in large numbers in military transport fleets in the U.K. Request to Get the Sample Report@ https://www.psmarketresearch.com/market-analysis/uk- electric-bus-charging-station-market/report-sample The other important factor propelling the requirement for electric bus charging stations is the increasing number of initiatives being taken by both state and central governments for promoting the usage of electric buses in the country. For example, an order was placed for electric double decker buses by Transport for London (TFL) in June 2018. The buses would be manufactured by Alexander Dennis Ltd. (ADL) and BYD Co. Ltd. (BYD). As per the contract, 37 BYD-ADL Enviro400EV electric buses would be manufactured in the coming years. Out of these, five buses were delivered to the TFL in July 2019. Due to the aforementioned factors, the U.K electric bus charging station market is predicted to demonstrate rapid advancement in the upcoming years. There are mainly two types of electric bus chargers used in the U.K. namely overnight chargers and opportunity chargers. Between the two, the sales of the overnight chargers were found to be higher in the past and this trend is likely to continue in the coming years. This is because of the higher preference of public and private transport agencies for electric buses that can be charged overnight over the buses requiring opportunity chargers. Due to the aforementioned factors, the U.K electric bus charging station market is predicted to demonstrate rapid advancement in the upcoming years. There are mainly two types of electric bus chargers used in the U.K. namely overnight chargers and opportunity chargers. Between the two, the sales of the overnight chargers were found to be higher in the past and this trend is likely to continue in the coming years. This is because of the higher preference of public and
private transport agencies for electric buses that can be charged overnight over the buses requiring opportunity chargers. In addition to the above-mentioned factor, the reducing prices of the buses using overnight chargers, on account of the falling prices of the batteries used in these buses, are pushing up the sales of these buses, which is, in turn, boosting the requirement for opportunity chargers. Depending on power, the U.K. electric bus charging station market is categorized into >150 kW, 50—150 kW, and <50 kW bus charging stations. Make Enquiry Before Buying the Report: https://www.psmarketresearch.com/send- enquiry?enquiry-url=uk-electric-bus-charging-station-market Amongst these categories, the<50 kW division registered the highest growth in the market during the years gone by. However, the >150 kW category will exhibit the fastest growth in the U.K. electric bus charging station market in the upcoming years, as per the forecast of P&S Intelligence, a market research firm based in India. This is predominantly attributed to the ballooning requirement for faster charging stations for electric buses all over the U.K. Market Segmentation by Type • • Market Segmentation by Power Overnight Charger Opportunity Charger • • • This study covers •Historical and the present size of the U.K. Electric Bus Charging Station Market •Major factors driving the market and their impact during the short, medium, and long terms •Market restraints and their impact during the short, medium, and long terms •Recent trends and evolving opportunities for the market participants •Historical and the present size of the market segments and understand their comparative future potential •Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings •Competitive scenario of various market segments across key countries in several regions for uncovering market opportunities for the stakeholders •Major players operating in the market and their service offerings •Recent strategic developments by the major players in the market <50 kW 50–150 kW >150 kW
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