(EMAILWIRE.COM, June 27, 2023 ) Maximize Market research expects, the Solar Bus Market to grow from USD 3.80 Bn in 2022 to USD 15.16 Bn in 2029 at a CAGR of 21.855 percent.

Solar Bus Market Report Scope and Research Methodology

The objective of the study analyze and forecast the Solar Bus Market size. The report includes strategic profiling of significant market participants in order to accurately depict the competitive environment for the global Solar Bus market. SWOT analysis was used to provide the strengths, weaknesses, opportunities and threats in the Solar Bus industry.

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Solar Bus Market Dynamics

During the forecast period, the market is expected to grow due to the rising awareness about the need for sustainable transportation along with the government policies and incentives rising the adoption of electric and hybrid vehicles.

Solar Bus Market Regional Insights

The Asia Pacific region dominated the global solar bus market in 2022 due to the rising public awareness and huge urban population associated with pollution.

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Solar Bus Market Segmentation

By Energy distribution
Battery electric vehicle
Hybrid electric vehicle

By Battery material
Lithium-Ion Battery
Lead-Acid
Lead Carbon

By PV cell technology
Silicon
Thin-Film Photovoltaics
Perovskite Photovoltaics
Organic Photovoltaics
Quantum Dots
Multijunction Photovoltaics
Concentration Photovoltaics

Solar Bus Key Competitors include:

Solaris (Poland)
Mercedes-Benz (Germany)
Iveco Bus (Italy)
Volvo (Sweden)
Hyundai Motor Company (South Korea)
Mitsubishi Fuso Truck and Bus Corporation (Japan)
BYD (China)
Zhongtong Bus (China)
Yutong (China)
Tata Motors (India)
Lion Electric Company (Canada)
Blue Bird Corporation (USA)
GreenPower Motor Company Inc. (Canada)
Nova Bus (Canada)
Volare (Brazil)
Ashok Leyland (UAE)
Yutong Bus Middle East FZE (UAE)
Foton (UAE)
Golden Dragon (South Africa)
Yutong (South Africa)
MAN Truck & Bus (South Africa)
Scania AB (South Africa)

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Maximize Market Research is leading Automotive and Transportation research firm, has also published the following reports:

Bus Chassis Market- The market size is expected to reach USD 2.09 billion by 2029 at a CAGR of 3.4 percent during the forecast period.

Autonomous Truck Market- The market size is expected to reach USD 7.37 billion by 2029 at a CAGR of 17 percent during the forecast period.

About Maximize Market Research:

Maximize Market Research provides B2B and B2C research on 6,500 high-growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.