Saudi Arabia Electric Bus Market to Grow at Brisk Rate During Forecast Period
Rising population along with increasing government efforts to
boost the use of clean fuel vehicles to drive Saudi Arabia electric bus market
through 2024
According
to TechSci Research report, “Saudi Arabia Electric Bus Market By Seating Capacity, By
Battery Type, By Application, By Bus Length, Competition, Forecast &
Opportunities, 2024”, the
country’s electric bus market is anticipated to grow at
an impressive rate during the forecast period on account of the fact that buses
are the only means of public transport in several cities of the country.
Moreover, government efforts for the use of clean fuel vehicles, growing
tourism and surging demand for safe mobility are further driving the electric
bus market in Saudi Arabia. Furthermore, the country is planning to manufacture
buses locally so as to save import costs and create employment opportunities, thereby
boosting the domestic industry and reducing reliance on oil exports.
Browse market data Tables and Figures
spread through 70
Pages and an in-depth TOC on "Saudi Arabia Electric Bus Market"
https://www.techsciresearch.com/report/saudi-arabia-electric-bus-market/4179.html
Saudi Arabia electric bus market is segmented based on seating type, battery type, application,
bus length, region and company. Based on seating type, the market can be categorized
into up to 30-seater, 31-40-seater and above 40. The up to 30-seater segment is
expected to hold the largest market share during the forecast period. This can
be accredited to its compact body which gives it the agility to maneuver
through the city. On the basis of battery type, the market can be bifurcated
into lead acid and lithium ion, of which, the latter is the preferred battery
type in the country.
Download Sample Report @ http://www.techsciresearch.com/sample-report.aspx?cid=4179
Customers
can also request for 10% free customization on this report.
HIGER and Ankai are two of the leading players operating in Saudi Arabia electric bus market.
“Electric bus market in Saudi Arabia is poised to grow at a formidable rate
during the forecast period on account of rising focus of government on
increasing the number of Umrah and Haj pilgrims by providing efficient, clean
and reliable transportation. Additionally, in order to improve public
transportation in the country, the capital, Riyadh placed an order of 600
Mercedes-Benz Citaro buses with the Daimler. Increasing number of such developments
would fuel growth in the market over the next five years.” said Mr. Karan
Chechi, Research Director with TechSci Research, a research based global
management consulting firm.
“Saudi Arabia Electric Bus Market By Seating
Capacity, By Battery Type, By Application, By Bus Length, Competition, Forecast
& Opportunities, 2024” has
evaluated the future growth potential of Saudi Arabia electric bus market and
provides statistics & information on market size, structure and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges and opportunities in Saudi Arabia electric bus market.
About TechSci Research
TechSci
Research is a leading global market research firm publishing premium market
research reports. Serving 700 global clients with more than 600 premium market
research studies, TechSci Research is serving clients across 11 different
industrial verticals. TechSci Research specializes in research-based consulting
assignments in high growth and emerging markets, leading technologies and niche
applications. Our workforce of more than 100 fulltime Analysts and Consultants
employing innovative research solutions and tracking global and country
specific high growth markets helps TechSci clients to lead rather than follow
market trends.
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: [email protected]