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Japan Electric Bus Market Share, Trends, Growth, Future Prospects, Forecast 2019 to 2025

May 20th 2020 at 5:39 AM

Japan electric bus market is estimated to grow at a significant CAGR during the forecast period. The rising need to control the pollution caused due to diesel and petrol vehicle creating demand for electric vehicles such as buses for public transport in Japan, which in turn, is fueling the Japan electric bus market. Japan is one of the members of the EV30@30 Campaign that aims to accelerate the deployment of EVs. In 2018, the country had set a target of 15-20% EV sales in Passenger Light-duty Vehicles (PLDVs) by 2020 and 20-30% by 2030, which is further supporting the deployment of the electric bus for public transports in the country, which in turn, is driving Japan electric bus market.

Request a Free Sample of our Report on Japan Electric Bus Market: https://www.omrglobal.com/request-sample/japan-electric-bus-market

The market is segmented on the basis of bus type, battery type, and end-user. Based on the bus type, the market is sub-segmented into the hybrid electric bus, fuel cell electric bus, and battery-electric bus. Based on the battery type, the market is sub-segmented into NiMH, Li-Ion, and others. The decline in cost of li-ion battery and inherent benefits offered by these batteries including smaller size, lighter weight, and higher energy density is anticipated to drive the segmental market share. Based on end-user, the market is sub-segmented into government and fleet owners.

Major market players operating in the Japan electric bus market include BYD Co. Ltd., Hino Motors Ltd., Nissan Motor Co., Ltd., and Toyota Motors, among others. These players are actively involved in adopting several growth strategies such as partnership and collaboration, geographical expansion, and new product launches to stay competitive in the Japan electric bus market. For instance, from January 2018, Nissan Motor Co., Ltd. has been working on its Nissan leaf technology to launch Yoka ECO Bus that will feature three batteries, three electric motors, and an inverter.

A Full Report of Japan Electric Bus Market is Available at https://www.omrglobal.com/industry-reports/japan-electric-bus-market

Japan Electric Bus Market Segmentation

By Bus Type

  • Hybrid Electric Bus
  • Fuel Cell Electric Bus
  • Battery¬† Electric Bus

By Battery Type

  • Lithium-ion batteries
  • NiMH Batteries
  • Others

By End-User

  • Government
  • Fleet Owner

Company Profiles

  • BYD co. Ltd.
  • COBUS Industries GmbH
  • Daimler AG
  • Foton Motors
  • Irizar Corp.
  • MAN SE

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/japan-electric-bus-market

About us:

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

For More Information, Visit https://www.omrglobal.com/

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no: +1 646-755-7667, +91 780-304-0404

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