The global electric school bus market is expected to exhibit a CAGR of 34.5% during 2022-2027.
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2. Report Description
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3. Report Description
Report Description and Highlights
Global Electric School Bus Market Research Report 2022-2027:
According to the latest report by IMARC Group, titled "Electric School Bus Market: Global Industry
Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," the global electric school bus
market is expected to exhibit a CAGR of 34.5% during 2022-2027.
Electric school buses use electric motors instead of regular internal combustion engines (ICEs) to
ensure quiet operation, which allows the driver to focus on the road. In addition to being powered
by onboard electric motors and a battery system, these buses can also operate using an external
energy source, such as a power grid. When compared to conventional school buses that run on
diesel, propane, gasoline or compressed natural gas (CNG), these buses have very minimal
maintenance costs. Currently, they are widely used by schools to foster sustainable development,
reduce emissions, and generate additional income by selling excess electricity to utility companies.
Some of the numerous benefits associated with electric school buses include high voltage, functional
safety, cold-weather performance, and reliability.
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4. Report Description
Report Description and Highlights
Global Electric School Bus Market Trends:
The global market is primarily driven by multiple favorable initiatives undertaken by government bodies
of several countries to create sustainable and fuel-efficient urban public transport systems. This can be
attributed to the increasing concerns regarding the depletion of fossil fuels. Additionally, the escalating
demand for alternative energy due to the rapidly fluctuating fuel prices is also resulting in the uptake of
fuel-efficient and high-performance school buses. In line with this, continual technological
advancements in the automotive industry, along with the easy availability of electronic components and
continually improving charging infrastructure, is providing an impetus to the market.
Some of the other factors contributing to the market include the lowering costs of lithium-ion (Li-ion)
batteries, inflating disposable income levels, rapid urbanization, and extensive research and
development (R&D) activities and mergers and acquisitions (M&As) conducted by key players.
View Report TOC, Figures and Tables: https://www.imarcgroup.com/electric-school-bus-market
5. Report Description
Report Description and Highlights
Key Market Segmentation
The research report includes the following segments:
Breakup by Type:
•Battery Electric School Bus
•Hybrid School Bus
Breakup by Capacity Design Type:
•Type A
•Type C
•Type D
Breakup by Sales Channel:
•Direct Sales
•Distributor
Breakup by Application:
•Preschool Education
•Primary School
•Others
6. Report Description
Report Description and Highlights
Breakup by Region:
•North America
•Asia Pacific
•Europe
•Latin America
•Middle East and Africa
Competitive Landscape with Key Players:
•Beiqi Foton Motor Co. Ltd. (Beijing Automotive Group Co. Ltd.)
•Blue Bird Corporation
•BYD Company Ltd
•Collins Bus Corporation (REV Group Inc.)
•Dominion Energy Inc
•Mercedes-Benz Group AG
•Navistar International Corporation (Traton Group)
•The Lion Electric Company
7. Report Description
Key Questions Answered in the Report
1. What is the expected growth rate of the global electric school bus market during 2022-2027?
2. What are the key factors driving the global electric school bus market?
3. What has been the impact of COVID-19 on the global electric school bus market?
4. What is the breakup of the global electric school bus market based on the type?
5. What is the breakup of the global electric school bus market based on the capacity design type?
6. What is the breakup of the global electric school bus market based on the sales channel?
7. What is the breakup of the global electric school bus market based on the application?
8. What are the key regions in the global electric school bus market?
9. Who are the key players/companies in the global electric school bus market?
8. Report Description Table of Contents
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Electric School Bus Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
9. Report Description Table of Contents
6 Market Breakup by Type
6.1 Battery Electric School Bus
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Hybrid School Bus
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Capacity Design Type
7.1 Type A
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Type C
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Type D
7.3.1 Market Trends
7.3.2 Market Forecast
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https://www.imarcgroup.com/electric-school-bus-market/toc
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Partial List of Clients
11. A partial List of our Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
Partial List of Clients