The report forecasts the global low-floor hybrid bus market to grow at a CAGR of 15.77% during the period 2016-2020.
To comply with regulations and laws, bus manufacturers have actively invested in new alternative propulsion technologies that are fuel efficient and emit low emissions. Among various alternative propulsion technologies, such as the use of compressed natural gas (CNG) and ethanol blend as the energy source, one technology that has gained popularity in the recent time is hybrid powertrain system. This technology integrates a conventional internal combustion engine (ICE) with a battery-electric motor system to power the bus.
The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
According to the report, the Canadian government has initiated Transport Electrification Action Plan 2015-2020, under which $420 million is invested to electrify the public transports. It will support the public transport showcase projects from private sector vendors. The Japanese government provides acquisition tax exemption, tonnage tax exemption, and subsidies up to $1,100 on low-emission vehicle purchases.
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by hybrid powertrain
Part 07: Geographical segmentation
Part 08: Market drivers
Part 09: Market challenges
Part 10: Market trends
Part 11: Vendor landscape
Part 12: Key vendor analysis
Part 13: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/c7mcl5/global_lowfloor