Ethanol Bus Market Scope
Energy is a critical input for the socio-economic development of any country. In India, fossil fuels i.e. Crude Oil and Natural Gas play a dominant role as primary energy resources constituting about 41% of the energy consumption. Bio-fuels are derived from renewable Bio-mass resources and therefore, provide a strategic advantage to promote sustainable development and to supplement conventional energy resources in meeting the rapidly increasing requirements for transportation fuels.
The market study is being classified by Type (First-Generation Ethanol Bus and Second-Generation Ethanol Bus), by Application (School, Municipal Traffic and Other) and major geographies with country level break-up.
Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Ethanol Bus market throughout the predicted period.
Scania AB (Sweden), Ford Motor Company (United States), General Motors Company (United States), Toyota Motor Corporation (Japanese), Volkswagen AG (Germany), Audi AG (Germany), Fiat Chrysler Automobiles N.V. (United Kingdom), Isuzu Motors Limited (Japan), Jaguar Cars (United Kingdom) and John Deere Co (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Mercedes-Benz AG (Germany) and Nissan Motor Co. Ltd. (Japan).
AdvanceMarketAnalytics has segmented the market of Global Ethanol Bus market by Type, Application and Region.
On the basis of geography, the market of Ethanol Bus has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
On June 24, 2019, Ford and the Austin Transportation Departmentís Smart Mobility team has launched the "Austin City: One Challenge" program which is a co-creation and crowdsourcing program for residents, businesses and community groups to propose and pilot solutions that improve mobility.
According to the Environmental Protection Agency of the United States, Congress has adopted the Renewable Fuel Standard (RFS) in 2005 and expanded it in 2007. The program requires oil companies to blend increasing volumes of renewable fuels with gasoline and diesel, culminating with 36 billion gallons in 2022. In addition to this, the federal Clean Air Act Amendments of 1990 established that cities with the worst smog pollution (ozone nonattainment areas) use reformulated gasoline (RFG) beginning in 1995.
- Upsurging Technological Advancements in Manufacturing Ethanol and any Other Biofuel Based Automobile Products
- Introduction to Environment-Friendly Automobiles Equipped with GPS Trackers
- Increasing Demand for Environmental Friendly Automobile Products
- Growing Concerns about Air Pollution about GHG Emissions
- Upsurging Government Reimbursements in Green Product Development
- Increasing Adoption of Green Buses from Developed Regions
- Comparatively Expensive that the Conventional Petrol and Diesel Automobiles
- Lack of Awareness about the Environmental Friendly Buses from Underdeveloped Regions
- Significant Post Purchase Maintenance
- Increasing Raw Material Prices, as well as Rarely Available Biofuel
Key Target Audience
Ethanol Bus Manufacturers, Ethanol Bus Distributors and Traders, Ethanol Bus Industry Associations, Research and Development Institutes, Government Agencies and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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