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U.S. Electric Bus Market | Insights on Strategies of Key Players

This is the primary reason the U.S. electric bus market is predicted to grow to $1,554.5 million by 2024 from $445.7 million in 2018, at a 23.9% CAGR during 2019u20132024 (forecast period).

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U.S. Electric Bus Market | Insights on Strategies of Key Players

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  1. U.S. Electric Bus Market Analysis, Post COVID-19 Impact. Potential Business Impacts for Key Players 1 ©P&SIntelligence.Allrightsreserved

  2. In the U.S., the transportation industry is responsible for around 14% of the total greenhouse gas (GHG) emissions, as per an article published by the Environmental Protection Agency (EPA) in 2019, which also said that the country was the second-largest GHG emitter in the world, after China. Thus, the focus on reducing the emissions and, ultimately, the rate of air quality degradation, is high here. This is why governments at the federal, state, and county levels are providing heavy funding to procure electric vehicles (EVs), majorly for the public transport system. Request to Get the Sample Report: https://www.psmarketresearch.com/market-analysis/us- electric-bus-market/report-sample This is the primary reason the U.S. electric bus market is predicted to grow to $1,554.5 million by 2024 from $445.7 million in 2018, at a 23.9% CAGR during 2019–2024 (forecast period). Some of the prominent policies under which the state governments have been offered grants for purchasing such automobiles are the Low or No Emission Grant, Urbanized Area Formula Funding program, School Bus Rebate program, and Better Utilizing Investments to Leverage Development (BUILD) Transportation Discretionary Grant program. There are three ways by which these automobiles can be charged: inductive, pantograph, and plug-in. Till now, the sale of plug-in variants has been the highest, as they were the earliest- available models in the country. In the coming years though, the U.S. electric bus market is predicted to witness the rapidly rising popularity of inductive-charging alternatives, as this technology enables fast charging, which allows the vehicle to travel long distances. Therefore, with continued government support, the sale of electric buses will keep rising in the U.S.

  3. Make Enquiry Before Buying the Report: https://www.psmarketresearch.com/send- enquiry?enquiry-url=us-electric-bus-market Market Segmentation by Vehicle Type Battery Electric Bus (BEB) Plug-In Hybrid Electric Bus (PHEB) Hybrid Electric Bus (HEB) Market Segmentation by Length >40 Feet <40 Feet Market Segmentation by Battery Li-Ion NiMH Others Market Segmentation by Charging Type Plug-In Pantograph Inductive This study covers Historical and the present size of the U.S. Electric Bus Market Future potential of the market through its forecast for the period 2019-2024 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 3 ©P&SIntelligence.Allrightsreserved

  4. Disclaimer: P&S Intelligence always keeps its customers’ interests at the core while carrying out research activities. P&S Intelligence ensures the reliability and accuracy of information and data provided in its market research publications. However, the information in publications is subject to fluctuations, as it is based on primary interviews of officials from various companies or organizations. P&S Intelligence is not responsible for any incorrect data provided by the key industry players of the concerned domain. The information or analysis in P&S Intelligence publications represents opinions based on research and should not be interpreted as statements of fact. Information in this report was believed to be correct at the time of publication, but cannot be guaranteed. P&S Intelligence does not endorse any product, service, or vendor depicted in its research publications. All intellectual properties, including trademarks and copyrights, belong to their respective owners and may be protected by copyright. Under no circumstance can these be reproduced in any form without prior written agreement of their owners. An order for market research report is intended for internal use of the company only and not for disclosure to third parties or any other publication in general. No service, report, or part thereof provided by P&S Intelligence can be reproduced, republished, resold, revealed, distributed, circulated, or sublicensed in any medium or form now realized or hereafter become realized, including but not limited to, all forms of optical-based media, magnetic, electronic, or digital, without a written permission from Prescient & Strategic Intelligence Pvt. Ltd.

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