Ethanol Bus Market Share, Size, Growth, Opportunity and Forecast 2021-2026

Press Release:

Global Ethanol Bus Market to Grow at 9% During 2020-2025, Propelled by Growing Requirement for Eco-Friendly Public Vehicles

*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Ethanol Bus Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

The global ethanol bus market exhibited strong growth during 2015-2020. An ethanol bus is a passenger bus that uses ethanol as a fuel source. Ethanol is produced from agricultural feedstock, plant materials (switchgrass and wood pulp), starchy crops (corn, sorghum and barley) and sweet crops (sugarcane, citrus and sugar beets). In comparison to traditional diesel- and petrol-run buses, these vehicles are environment-friendly, cost-effective and reduce the overall dependency of fossil fuels. Owing to this, they are widely being adopted by public and government institutions for mass transportation.

The increasing adoption of green fuels, along with the introduction of environment-friendly automobiles, is one of the key factors driving the growth of the market. There is an increasing preference for first-generation biofuels (bioethanol) that are manufactured using sugars and oils found in crops, followed by second-generation biofuels, which are produced using lignocellulosic biomass or woody crops, agricultural residues, and waste. Furthermore, increasing environmental consciousness and the implementation of government initiatives to minimize air pollution level, are also providing a boost to the market growth. For instance, emerging nations, such as India, are launching ethanol buses on a large-scale to minimize carbon and greenhouse gas (GHG) emissions into the environment and offer a cost-effective mode of public transport. Additionally, various technological advancements in the manufacturing processes of ethanol and other biofuels are also creating a positive outlook for the market. The improvements in biomass and yeast performance have enhanced the efficiency of bioethanol production. Looking forward, IMARC Group expects the global ethanol bus market to grow at a CAGR of around 10% during 2021-2026.

Breakup by Type:

First-Generation Ethanol Bus
Second-Generation Ethanol Bus

Breakup by Application:

School
Municipal Traffic
Others

Breakup by Ethanol Source:

Corn
Sugarcane
Wheat
Others

Breakup by Region:

North America
- United States
- Canada
Asia Pacific
- China
- Japan
- India
- South Korea
- Others
Europe
- Germany
- France
- United Kingdom
- Italy
- Russia
- Others
Latin America
- Brazil
- Mexico
- Others
Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined with some of the key players being Audi, Fiat Chrysler Automobiles N.V., Ford, General Motors, Isuzu Motors Ltd., Jaguar Land Rover Holdings Ltd., John Deere, Nissan, Scania, Toyota Motor Corporation, Volkswagen Aktiengesellschaft, etc.

Report Coverages:

Report Features	Details
Base Year of the Analysis	2020
Historical Period	2015-2020
Forecast Period	2021-2026
Units	Unit Shipments
Segment Coverage	Type, Application, Ethanol Source, Region
Region Covered	Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered	United States, Canada, Germany, France, United Kingdom, Italy, Russia, China, Japan, India, South Korea, Brazil, Mexico
Companies Covered	Audi, Fiat Chrysler Automobiles N.V., Ford, General Motors, Isuzu Motors Ltd., Jaguar Land Rover Holdings Ltd., John Deere, Nissan, Scania, Toyota Motor Corporation and Volkswagen Aktiengesellschaft
Customization Scope	10% Free Customization
Report Price and Purchase Option	Single User License: US$ 2299 Five User License: US$ 3399 Corporate License: US$ 4499
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report:

How has the global ethanol bus market performed so far and how will it perform in the coming years?
What are the key regional markets?
What has been the impact of COVID-19 on the global ethanol bus market?
What is the breakup of the market based on the type?
What is the breakup of the market based on the application?
What is the breakup of the market based on the ethanol source?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global ethanol bus market and who are the key players?
What is the degree of competition in the industry?

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Press Release:

Ethanol Bus Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

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