The US electric bus market is estimated to grow at a considerable CAGR during the forecast period. The availability of government and private funding for the deployment of electric buses in the country is among the key factors to drive the growth of the electric bus market in the US. The US Federal Transit Administration (FTA) had offered several grants for the purchase of electric buses. For instance, in 2019, the Low or No Emission Grant program awarded grants of nearly $85 million to over 50 state and local governments to promote the adoption of electric buses. According to the Environmental Protection Agency data (EPA), in June 2019, the transportation sector was the largest contributor to greenhouse gas emissions in the US, responsible for nearly 30% of total emissions across the country. The rising adoption of electric buses can result in the elimination of greenhouse gases, therefore the rising concerns related to the environment are further promoting the adoption of electric buses, which in turn, is promoting its market growth.
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Industry forecasting is performed to present in-depth understanding of industry tactics. A clear picture on current and upcoming market happenings are provided in this report. Critical factors are highlighted in this US Electric Bus Market study report for enabling business owners take important decision making in terms of decide on the right business doing ideas. Moreover, it aims at offering forthcoming improvements, market restraints and market drivers for the forecast period 2022-2028. It assists novel firms to retain their place in the market. Prioritized market info is discussed through this detailed US Electric Bus Market
This Market report predicts novel product introduction will bring drop in sales or growth in sales. Such an illustrative US Electric Bus Market report enables major firm to stay reorganized on the most current trends and offers best idea about overall demand for particular product offering. Through this global report, it is also possible to acquire a competitive edge. All the COVID-19 related information is covered in this US Electric Bus Market study report along with its major impact of globe’s major firms. It makes easy the work of key players and enables to take data-driven and beneficial decision in terms of making best investments, which techniques to apply and marketing budget of different products. It has many advantages to provide for available or novel services, product and brands. Methodologies captured in this market study report enable central participants to attain the best results to the specific business aims as well as challenges. Getting fast customer feedback is easy with this market study report.
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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
US Electric Bus Market Report Segment
By Bus Type
- Hybrid Electric Bus
- Fuel Cell Electric Bus
- Battery Electric Bus
By Battery Type
- Lithium-Ion
- NiMH
- Others
By End-User
- Government
- Fleet Owner
The Report Covers
- Comprehensive research methodology of the US 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 US Electric Bus market.
- Insights about market determinants which are stimulating the US 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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