Above 40 Seats Segment to Dominate UK Electric Bus Market till 2024

Growing concern towards ecological and environmental balance and rising fossil fuel price to drive demand for electric bus in United Kingdom by 2024

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UK Electric Bus Market

According to TechSci Research report, “United Kingdom Electric Bus Market By Seating Capacity, By Battery Type, By Application, By Bus Length, Competition, Forecast & Opportunities, 2024” , UK electric bus market is anticipated to register growth during the forecast period, followed by increasing interest for Electric buses due to the concern of growing pollution and bad environment condition, increase in charging stations all over country  .The most important factors responsible for the hike in  sales of electric buses include improved miles on a single charge, quick charge technology, developing number of charging stations across all the regions, among others. Additionally, the development of integrated mobility solutions and growth in public transport are further propelling growth in the market. Furthermore, rising government support coupled with growing awareness among population would steer growth in the market in the coming years

Browse 24 market data Figures spread through 70 Pages and an in-depth TOC on “United Kingdom Electric Bus Market”

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UK electric bus market can be segmented on the basis of seating capacity, battery type, application, bus length and region. In terms of seating capacity, the market can be segmented into upto 30 seats bus, 31 to 40 seats bus and above 40 seats bus. Of all, above 40 seats bus category accounted for the largest market share in 2018 and the segment is expected to maintain its leading market position during the forecast period as well.

BYD/ADL, Volvo, Optare, Mellor Coachcraft, Pelican Yutong Buses, among others are the leading players operating in UK electric bus market. The companies operating in the market are using organic strategies such as product launch, mergers and collaborations to boost their share.

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“United Kingdom is one of the largest and fastest growing markets in the European Union and is expected to create huge opportunities for the electric bus market. Rising preference for electric buses among both passengers and drivers coupled with funding from the Department for Transport to support the purchase of new electric and hydrogen models is further anticipated to fuel growth in the market during the forecast period.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“United Kingdom Electric Bus Market By Seating Capacity, By Battery Type, By Application, By Bus Length, Competition, Forecast & Opportunities, 2024” has evaluated the future growth potential of United Kingdom electric bus market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in United Kingdom electric bus market.

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