Over the past few year, factors such as Increasing Demand due to Reduction In Battery Prices have contributed to the development of the Global Electric & Hybrid Electric Buses  market.

Undoubtedly, High Adoption of Hydrogen Fuel Cell Buses is the most promising market promoter, bringing direct and indirect economic benefits to the market sizing. The Global Electric & Hybrid Electric Buses  market is expected to make a significant contribution, with an estimated market to reach USD33145.58 Million by 2025 growing at a CAGR of 18.53%.

AMA research has engaged in the competitive assessment of China & Global Electric & Hybrid Electric Buses  Players for 5 years. “The Top 10 Competitive Players in the Electric & Hybrid Electric Buses  in 2019” clearly displays the competitive situations of main Electric & Hybrid Electric Buses  Playersin 2019. The research shows that companies in top 10 list are divided up by dominating countries, namely, Chinese occupying half of the list . Players like Daimler AG Zhengzhou Yutong Group Co. Ltd. BYD Company Limited King Long United Automotive Industry Co. Ltd. accumulates maximum market share showcasing strong market competitive advantage.

With the multiple advantages of technology, cost and service, many major Players such as Daimler AG (Germany), AB Volvo (Sweden), BYD Company Ltd. (China), Xiamen King Long United Automotive Industry Co., Ltd. (China), Solaris Bus & Coach sp. z o.o. (Poland), Ebusco (The Netherland), Proterra (United States), NFI Group Inc. (Canada), Zhengzhou Yutong Group Co., Ltd.(China), Shenzhen Wuzhoulong Motors Co., Ltd (China) and Zhongtong Bus Holding Co., Ltd. (China) developed rapidly. They kept leading domestic market and on the other way actively developing international market and seizing market share, becoming the backbone of Global Electric & Hybrid Electric Buses  industry. It is understood that currently domestic Electric & Hybrid Electric Buses  players has been massively used by operators in Asia Pacific.

The standards and rules adopted by the EU are legally binding for the single European states and do not need further implementation into national laws. The general framework for motor vehicles is enacted by the directive 2007/46/EC. It is specified by single regulations and directives which in turn adapt the standards set by the UNECE. For instance directive 2009/40/EC is concerned with the technical supervision of vehicles and their parts. Additionally to the regulations by the UNECE, the EU has one of the world’s most restrictive GHG emission standards for commercial vehicles as part of the Euro-6 norm, which reduces the nitrogen oxides additionally by 80% compared to Euro-5. Other emission standards include the restriction of the noise level in urban areas regulated by directive 2002/49/EC.

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Electric & Hybrid Electric Buses  market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2020 currency rates.

Data Triangulation
The overall Electric & Hybrid Electric Buses  market size is calculated using market estimation process, the Electric & Hybrid Electric Buses  market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Electric & Hybrid Electric Buses  market size has been validated using both top-down and bottom-up approaches.