Market Overview:
This report presents an extensive evaluation of the Europe Electric Bus Market, focusing on historical data from 2017 to 2020 while offering detailed forecasts for the period between 2022 to 2027. The analysis encompasses various aspects, including market Size, Share, Growth, Analysis, Trends and competitive insights.
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As concerns over the ill effects of air pollution & emission on human health & environment are mounting rapidly, alongside the skyrocketing prices of fossil fuels, the demand for greener, cleaner, and cost-effective alternatives is escalating swiftly. It, in turn, is also influencing the demand for Electric Vehicles, including Buses, replacing Internal Combustion Engines (ICE) buses across Europe. In fact, by the time it is 2030, Europe shall demonstrate an approximately 67% surge in the sales of zero-emission buses, which would reflect a fleet size of 65,000 e-buses.
In the same line, various governing agencies in the region are also participating actively in the industry and contributing through the implementation of intense emissions regulations, propelling the demand & sales for electric buses as a zero-emission solution. Since such moves allow cities to meet their environmental goals without compromising the transportation infrastructure, it is set to have a growing & opportunistic future for the industry in the coming years.
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Battery Electric Bus acquired the largest share of the Europe Electric Bus Market in the previous years and shall prevail in the same trend during the forecast period.
Germany, the UK, France, Poland, and The Netherlands, have altogether accounted for a substantial share of the Europe Electric Bus Market in previous years.
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