Technavio
Announces the Publication of its Research Report Global Low-floor Hybrid Bus
Market 2016-2020
Technavio recognizes the following companies as the key players in the global low-floor hybrid bus market: Daimler, Volvo, Wuzhoulong, and Yutong
Other Prominent Vendors in the market are: King Long, New Flyer, Alexander Dennis Limited, Foton Motors, FAW, and GILLIG
Commenting on the report, an analyst from Technavio’s team said: “Ultra-capacitors used for energy storage and discharge function in the battery packs of hybrid buses are a highly attracted futuristic trend. Ultra-capacitors are energy storage devices, which unlike a battery, stores energy through an electric field, whereas a battery stores energy through a chemical reaction. As ultra-capacitors conduct electricity through an electric field, it can store higher charge quantity compared with a battery. Thus, the ultra-capacitor has higher energy density and 30%-40% reduced cost than normal Li-ion battery pack. They can fast recharge the batteries of hybrid buses, mostly suitable in urban areas where there is a stop in every few meters.”
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Technavio recognizes the following companies as the key players in the global low-floor hybrid bus market: Daimler, Volvo, Wuzhoulong, and Yutong
Other Prominent Vendors in the market are: King Long, New Flyer, Alexander Dennis Limited, Foton Motors, FAW, and GILLIG
Commenting on the report, an analyst from Technavio’s team said: “Ultra-capacitors used for energy storage and discharge function in the battery packs of hybrid buses are a highly attracted futuristic trend. Ultra-capacitors are energy storage devices, which unlike a battery, stores energy through an electric field, whereas a battery stores energy through a chemical reaction. As ultra-capacitors conduct electricity through an electric field, it can store higher charge quantity compared with a battery. Thus, the ultra-capacitor has higher energy density and 30%-40% reduced cost than normal Li-ion battery pack. They can fast recharge the batteries of hybrid buses, mostly suitable in urban areas where there is a stop in every few meters.”
Know more about sample report: https://marketreportscenter.com/request-sample/470066
According to
the report, the Canadian government has initiated Transport Electrification
Action Plan 2015-2020, under which $420 million is invested to electrify the
public transports. It will support the public transport showcase projects from
private sector vendors. The Japanese government provides acquisition tax
exemption, tonnage tax exemption, and subsidies up to $1,100 on low-emission
vehicle purchases.
Further, the report states that the high initial investment/cost of a purchase associated with hybrid bus hinders the global low-floor hybrid bus market growth. Hybrid bus costs are almost double than a conventional diesel and CNG bus. The high cost of battery packs in hybrid buses are the major reason for this increased cost of the hybrid bus.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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Further, the report states that the high initial investment/cost of a purchase associated with hybrid bus hinders the global low-floor hybrid bus market growth. Hybrid bus costs are almost double than a conventional diesel and CNG bus. The high cost of battery packs in hybrid buses are the major reason for this increased cost of the hybrid bus.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Get discount: https://marketreportscenter.com/request-discount/470066
About Low-floor Hybrid Buses
To comply with regulations and laws, bus manufacturers have actively invested in new alternative propulsion technologies that are fuel efficient and emit low emissions. Among various alternative propulsion technologies, such as the use of compressed natural gas (CNG) and ethanol blend as the energy source, one technology that has gained popularity in the recent time is hybrid powertrain system. This technology integrates a conventional internal combustion engine (ICE) with a battery-electric motor system to power the bus.
Technavio’s analysts forecast the global low-floor hybrid bus market to grow at a CAGR of 15.77% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global low-floor hybrid bus market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of low-floor hybrid buses.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Low-floor Hybrid Bus Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Daimler
• Volvo
• Wuzhoulong
• Yutong
Other prominent vendors
• King Long
• New Flyer
• Alexander Dennis Limited
• Foton Motors
• FAW
• GILLIG
Market driver
• Cost benefits, reliable, and more comfortable
• For a full, detailed list, view our report
Market challenge
• Plug in hybrid bus charging load to impact power grids and supply
• For a full, detailed list, view our report
Market trend
• Ultra-capacitors in hybrid bus energy storage system
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
To comply with regulations and laws, bus manufacturers have actively invested in new alternative propulsion technologies that are fuel efficient and emit low emissions. Among various alternative propulsion technologies, such as the use of compressed natural gas (CNG) and ethanol blend as the energy source, one technology that has gained popularity in the recent time is hybrid powertrain system. This technology integrates a conventional internal combustion engine (ICE) with a battery-electric motor system to power the bus.
Technavio’s analysts forecast the global low-floor hybrid bus market to grow at a CAGR of 15.77% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global low-floor hybrid bus market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of low-floor hybrid buses.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Low-floor Hybrid Bus Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Daimler
• Volvo
• Wuzhoulong
• Yutong
Other prominent vendors
• King Long
• New Flyer
• Alexander Dennis Limited
• Foton Motors
• FAW
• GILLIG
Market driver
• Cost benefits, reliable, and more comfortable
• For a full, detailed list, view our report
Market challenge
• Plug in hybrid bus charging load to impact power grids and supply
• For a full, detailed list, view our report
Market trend
• Ultra-capacitors in hybrid bus energy storage system
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
Table
of content: https://marketreportscenter.com/reports/470066/global-low-floor-hybrid-bus-market-2016-2020#toc
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