According to a new country report published by Lucintel, the future of the electric bus market in the United States looks promising with opportunities in the public and private transportation. The electric bus market in the United States is primarily driven by increasing gasoline prices, government subsidies as tax benefits to promote electric buses, and stringent environmental regulations to reduce air pollution.
This report studies factors affecting the electric bus market in the United States from both demand and supply sides. The report also analyzes growth opportunities in different applications and provides comprehensive data and analysis on trends, key drivers, and directions.
Among various growth areas, Lucintel forecasts that battery electric bus will remain the largest segment and it is also expected to witness the highest growth over the forecast period due to declining battery prices and government initiatives, such as tax benefits and subsidies to promote electric transportation. Within the electric bus market in the United States, lithium iron phosphate, nickel manganese cobalt oxide (NMC), lithium metal polymer, nickel-metal hydride, and lithium titanate oxide rechargeable batteries are used in electric bus. On the basis of its comprehensive research, Lucintel forecasts that lithium iron phosphate (LFP) will remain the largest segment due to its economical cost and long cycle life.
Emerging trends, which have a direct impact on the dynamics of the industry, include development of low cost lithium ion batteries and integrated software solutions for better optimization of bus performance.
Lucintel, a leading global strategic consulting and market research firm, has analyzed the current market trends, forecasts, new market opportunities, and competitive landscape for the electric bus market in the United States and has come up with a comprehensive research report entitled “Opportunities for the Electric Bus Market in the United States.” The Lucintel report serves as a catalyst for growth strategies, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes the market size and forecast for the electric bus market in the United States by vehicle type, battery type, charging infrastructure, length type, and end use type as follows:
Electric Bus Market by Vehicle Type [$M shipment analysis from 2014 to 2025]:
• Battery Electric Bus
• Plug-In Hybrid Electric Bus
• Hybrid Electric Bus
Electric Bus Market by Battery Type [$M shipment analysis from 2014 to 2025]:
• Lithium Iron phosphate (LFP)
• Nickel Manganese Cobalt Oxide (NMC)
• Others
Electric Bus Market by Charging Infrastructure [$M shipment analysis from 2014 to 2025]:
• Plug-in
• Conductive
• Others
Electric Bus Market by Length Type [$M shipment analysis from 2014 to 2025]:
• Small Bus (<10 Meter)
• Large Bus ( >10 Meter)
Electric Bus Market by End Use Type [$M shipment analysis from 2014 to 2025]:
• Public
• Private
This 60-page country research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed scope, benefits, and other details of this report, please contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/United-States/opportunities-for-the-electric-bus.aspx or write to us at helpdesk@lucintel.com
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com