France electric bus market is estimated to grow at a considerable CAGR during the forecast period. The growing adoption of electric vehicles in the country to deal with the rising environmental concerns along with the government initiatives for the deployment of electric buses is a major factor to drive the growth of France electric bus market. According to the French government climate plan presented in July 2017, the country seeks to ban sales of vehicles emitting greenhouse gases by 2040. Further, in April 2019, Paris public transport authority had ordered around 800 electric buses to replace diesel and petrol buses with electric buses by 2024. This order is given to the three major electric bus manufacturers of the country namely Alstom, Heuliez Bus Co. Ltd., and Bollore Group.Further in September 2019, Keolis(in consortium with Autocars Dominique’s subsidiary BE Green), started operating a 100% electric BRT (Bus Rapid Transit) line on behalf of the public transport authority SMPBA to support the easy deployment of electric buses in the country.
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The market is segmented on the basis of bus type, battery type, and end-user. Based on the bus type, the market is sub-segmented into the hybrid electric bus, fuel cell electric bus, and battery electric bus. Based on the battery type, the market is sub-segmented into NiMH, Li-Ion, and others. The decline in cost of li-ion battery and inherent benefits offered by these batteries including smaller size, lighter weight, and higher energy density is anticipated to drive the market share of these batteries. Based on end-user, the market is sub-segmented into government and fleet owners.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
France Electric Bus Market Report Segment
By Bus Type
- Hybrid Electric Bus
- Fuel Cell Electric Bus
- Battery Electric Bus
By Battery Type
- NiMH
- Li-Ion
- Others
By End-User
- Government
- Fleet Owner
The Report Covers
- Comprehensive research methodology of the France Electric Bus market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the France Electric Bus market.
- Insights about market determinants which are stimulating the France Electric Bus market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
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