Rising environmental
concerns and increasing government investments in fuel saving technologies to
drive Japan electric bus market through 2024
According
to TechSci Research report, “Japan Electric Bus
Market By
Seating Capacity, By Battery Type, By Application, By Bus Length, Competition,
Forecast & Opportunities, 2024”, Japan electric bus market is expected to grow at a formidable
pace during the forecast period owing to the increasing fuel prices.
Additionally, governments of all highly polluted and populated cities are shifting
towards electric vehicles, which is further driving growth in the market. However,
factors like less range, higher weight, higher procurement costs, among others
are likely to hamper the growth of the market. Additionally, the use of
electric buses exclusively in urban areas rather than long haul transport is
further restricting the growth of the market.
Browse market data Tables and Figures
spread through 70
Pages and an in-depth TOC on "Japan Electric Bus Market"
BYD Japan Co. Ltd., Hino
Motors Ltd., INVECO S.p.a., Ryobi Holdings Co., Ltd. and others are some
of the leading players operating in Japan electric bus market. The Japan electric
bus market is segmented based on seating
type, battery type, application, bus length, region and company. Based
on seating type, the market can be categorized into up to 30-seater,
31-40-seater and above 40. The up to 30-seater segment is expected to hold the
largest market share during the forecast period. This can be accredited to its
compact body which gives it the agility to maneuver through the city.
Additionally, ease of boarding and capacity of storing large volume of luggage
is further making it a popular choice. Based on bus length, the market can be
segmented into 6-8m, 9-12m and above 12m. The 9-12cm length market is
anticipated to register the highest CAGR during the forecast period owing to
their precise length which is suitable for transit bus service.
Customers
can also request for 10% free customization on this report.
“Japan
is one of the fastest growing markets in the APAC region and is expected to create
huge opportunities for the electric bus market. Additionally, exponential increase in demand for electric bus in
Japan is backed by the fact that government is providing subsidies and tax
benefits to electric bus manufacturers.” said Mr. Karan Chechi, Research
Director with TechSci Research, a research based global management consulting
firm.
“Japan 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 Japan 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 Japan electric bus market.
Global Electric & Hybrid Electric
Buses Market By Vehicle Type (Light Duty Electric and Hybrid Electric Bus, and
Heavy Duty Electric and Hybrid Electric Bus), By Technology, Competition
Forecast and Opportunities, 2011-2021
India
Electric Bus Market By Vehicle Type (<30 Seater and >30 Seater), By
Drivetrain Technology (Battery Electric Bus and Plug-in Hybrid Bus),
Competition Forecast & Opportunities, FY2017-FY2023
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