Monday, March 27, 2023

Electric bus charging infrastructure will generate 18754 million in 2030

The global electric bus charging infrastructure market will generate $18,754.3 million with a CAGR of 30.9% by 2030, according to Dive Research

Dive Research offers a new report titled “Global Electric Bus Charging Infrastructure Market in Roster (Depot and On-Go-) Charged by Type (Onboard and External) 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 charging infrastructure market is projected to generate a revenue of $18,754.3 million and grow at a CAGR of 30.9% during the estimated period of 2022 to 2030.

Electric bus given infrastructure Market Dynamics

With the increasing growth of electric mobility services across the globe, the global market for electric infrastructure charging is expected to experience exponential growth over the analysis period. In addition, increasing regulatory measures and implementation of various programs by governments to encourage the use of electricity, which are expected to increase the power of green energy to drive market growth over the anticipated period. However, the high investment involved in deploying the electric bus infrastructure system may hinder the growth of the market during the forecast period.

The impact of Covid-19 on the electric bus charging infrastructure market

The upheaval of the Covid-19 pandemic has had a negative impact on the electric bus infrastructure market. This is mainly due to supply chain disruptions, manufacturing plant closures, and economic slowdowns in many countries during the pandemic. In addition, strict import and export restrictions have affected electricity production around the world. All these factors have decreased the demand for electric vehicles during the crisis.

To access the full PDF version of the electric bus charging infrastructure, click here.

Market Segments

  • The report has segmented the electric bus infrastructure market into segments based on platform, type, and region, with the mobile platform sub-segment predicted to be the most profitable and expected to hold the largest market share during the research period. Load-on-the-go platforms allow businesses to travel longer distances and remove the need to return to the port over a longer period of time, which is expected to underpin the growth of sub-segmentation traffic over the forecast period.
  • By type of collection, the external sub-segment is expected to be the most profitable and is expected to dominate the market share during the analysis period. The increase in demand for external DC chargers in electric vehicles is predicted to transfer more kilowatts of electricity to boost market growth over the estimated period.
  • The Asia-Pacific region is predicted to hold the largest market share during the forecast period. Increasing infrastructural development, strict emission standards and norms, and supportive government policies in this region are expected to drive the growth of the regional market during the analysis period.
  • See the impact of COVID-19 on the electric bus infrastructure market. Connect with an expert analyst or schedule a call

    In September 2022, EKA Mobility, a leading technology and automotive company, announced its cooperation with goEgoNetwork, announcing a full solution from E Mobility. With this collaboration, the partners aimed to establish a well-connected EV and install advanced charging stations for their customers.

    Electric bus charging infrastructure will generate 18.754 million in 2030 Mercedes-Benz

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    Thus, the global market for electric infrastructure threatens to generate 18,754.3 million dollars with a CAGR of 30.9% by 2030, according to Research Div.

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