- Governments & Private Bus Transport Companies are the Key Customer Segments in this Market
TechNavio, the independent London-based global research firm, today announced the publication of its research report on the Global Electric Bus Market. The report finds growing demand for Li-ion Batteries is a key trend affecting the Global Electric Bus Market. The analysis is for the forecast period 2014-2018.
As per research analysis, the global demand for Li-ion batteries in electric buses will be reaching over 1.2 million kWh by 2018. Currently, there is high demand for Li-ion batteries due to their use in the Hybrid-electric Bus segment.
With an increasing demand from China, USA & Japan, the demand for Li-ion batteries will be increasing in the future due to the growing usage in pure-electric buses in the coming years and this will be a driving factor for electric buses during the forecast period.
To determine the scenario for these vendors in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentation, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
If you are interested in more information on this topic and our upcoming research on the Global Electric Bus Market 2014-2018, please send an e-mail to media@TechNavio.com
About TechNavio
TechNavio is a leading technology research and advisory company with a global coverage. We focus on emerging technology trends that can shape the market. We identify and explain these trends to our customers to help them take better decisions.
TechNavio models the trends using a mix of quantitative and qualitative tools in its proprietary research methodologies. We build forecasts across market segments and geographies based on the trends identified. These forecasts and analysis are used to help our customers identify new and existing opportunities in their markets. We also help customers assess their competitive position in a changing market scenario.
TechNavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape of Global Electric Bus Market. Our analysts obtain the information using a combination of the bottom-up and top-down approaches, besides using in-house market modeling tools. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.
Decision makers and influencers in sales & marketing, strategy, product and R&D teams rely on research from TechNavio. We have a large and growing base of happy customers worldwide. Our customers include technology suppliers, end users, consulting companies, investment firms and research institutes.
Founded in 2003, TechNavio has about 200 analysts globally. We cover more than 500 technologies across 80 countries. Our analysts are closely monitoring the market every day by talking to all the industry participants. We have proprietary databases that provide us with a complete perspective of the market. TechNavio develops over 2000 pieces of research deliverables every year.
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