Boston, MA -- (SBWIRE) -- 05/16/2016 -- An electric bus is driven by an electric motor, which obtains the energy stored and transferred by batteries. Some types of electric buses operate on the energy transferred by overhead electric wires. Electric buses have been in existence since 2009. Initially, these buses were limited to mini versions with a size of 8-10 meters; however, with continuous advancements in technology in battery, heavier and longer electric buses of 12-meter size have been developed, which are being operated in many countries across the globe.

Technavio's analysts forecast the global electric bus market to grow at a CAGR of 26.77% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global electric bus market during 2016-2020. To calculate the market size, the report considers the market size calculated in both revenue and unit terms.

Get More Details on this Report and a Full Table of Contents at Global Electric Bus Market 2016-2020

The market is divided into the following segments based on geography:

-Americas
-APAC
-EMEA

Technavio's report, Global Electric Bus Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

-BYD
-Ebus
-Proterra
-Wuzhoulong
-Yutong

Other prominent vendors

-Ankai
-Eagle
-Nanjing Jiayuan
-Zhongtong
-Zonda Electric Bus

Market driver

-Need to adhere to regulatory standards
-For a full, detailed list, view our report

Market challenge

-Electric vehicle charging load to impact power grids and supply
-For a full, detailed list, view our report

Market trend

-New product launches and technology advancements
-For a full, detailed list, view our report

Key questions answered in this report

-What will the market size be in 2020 and what will the growth rate be?
-What are the key market trends?
-What is driving this market?
-What are the challenges to market growth?
-Who are the key vendors in this market space?
-What are the market opportunities and threats faced by the key vendors?
-What are the strengths and weaknesses of the key vendors?

Companies Mentioned in this Report: BYD, Ebus, Proterra, Wuzhoulong, Yutong, Ankai, Eagle, Nanjing Jiayuan, Zhongtong, Zonda electric bus

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