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
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.
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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.