India-headquartered Research Dive has added a new report to its offering titled, "Global Electric Bus Charging Infrastructure Market by Platform (Depot and On-the-Go), Charging Type (On-Board and Off-Board), and Regional Analysis (North America, Europe, Asia-Pacific, and LAMEA): Global Opportunity Analysis and Industry Forecast, 2022-2030."
According to the report, the global electric bus charging infrastructure market is anticipated to generate a revenue of US$18.75 billion and rise at a CAGR of 30.9% throughout the estimated timeframe from 2022 to 2030.
With the growing advancement of e-mobility services all across the world, the global electric bus charging infrastructure market is expected to experience exponential growth during the analysis period. Moreover, increasing regulatory measures and the implementation of various programs by governments to encourage the usage of green energy-powered electric buses are further predicted to upsurge the growth of the market over the forecast timeframe. However, the high investment involved with the deployment of electric bus charging infrastructure systems may hinder the growth of the market throughout the estimated period.
The report has divided the electric bus charging infrastructure market into segments based on platform, charging type, and region.
By platform, the on-the-go sub-segment is predicted to be the most productive and is expected to hold the largest share of the market during the analysis timeframe. The on-the-go charging platforms enable buses to travel farther distances and eliminate the need to return to a depot for a prolonged period which is expected to fortify the growth of the market sub-segment over the forecast period.
By charging type, the off-board sub-segment is expected to be most profitable and is predicted to dominate the market share throughout the analysis timeframe. The increasing demand for an off-board direct current charger in electric vehicles to transfer more kilowatts of electricity is predicted to augment the growth of the market during the estimated timeframe.
By region, the Asia-Pacific region is projected to hold the largest share of the market over the forecast timeframe. The increasing development of charging infrastructure, strict emission norms and regulations, and supporting government policies in this region are the factors expected to drive the regional growth of the market throughout the analysis period.
The report also covers the major players in the market, noting that they are widely working on the development of new business strategies such as product development, mergers, and acquisitions, partnerships, and collaborations to acquire a leading position in the global industry.
Further, the report also presents other vital aspects including SWOT analysis, the financial performance of the key players, the product portfolio, and the latest strategic development.
