Rapid penetration of battery powered vehicles has led to the development of electric shuttles. Although the electric shuttles were initially used for sight-seeing and short distance transportation across golf courses, airports, wineries, and stadiums, national parks, and theme parks, they are gaining steady application in public communication.
The Market Research Survey of Electric Shuttle by “Fact.MR, A Market Research and Competitive Intelligence Provider” highlights the key reasons behind increasing demand and growth. Sales Outlook of Electric Shuttle as per the Market Research Survey is fairly positive and expected to register higher market growth during forecast period 2021 -2031. The market survey report also provides latest industry analysis on Electric Shuttle with key analysis of Electric Shuttle market drivers, trends, and influencing factors.
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Low Emission Levels Regulations to Boost Deployment of Electric Shuttles across Countries
In an effort to lower the emission levels, government across countries are imposing stringent regulations on manufacturers in various industries. According to the European Commission, cars are responsible for nearly 12% of the overall EU emission of greenhouse gas. To comply with the stringent emission regulations, automotive manufacturers are shifting their focus towards development of electric vehicles for public transport such as electric shuttles.
In a recently conducted survey, Centre for Solar Energy and Hydrogen Research Baden-Württemberg (ZSW) stated that the number of electric vehicles recorded on the roads increased to 3.2 million in 2018. According to the survey conducted, leading brands in China – BAIC, and BYD will account for the largest number of new registrations. However, the market for electric vehicles is concentrated in a few countries such as the U.S., Norway, China, Canada, Japan, Germany, Britain, Sweden, the Netherlands, and France.
Key questions answered in Electric Shuttle Market Survey Report:
- What is the current scenario and key trends in Electric Shuttle Market?
- What are the key strategies companies are adopting to increase their consumer base?
- What are the key categories within the Electric Shuttle segments and their future potential?
- What are the major Electric Shuttle Market drivers and their expected impact during the short, medium, and long terms?
- What is the Electric Shuttle Market size and what are the opportunities for the key players?
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Effective Public Commutation Solutions: Major Companies to Focus on Collaborations for Improved Connectivity
To sustain their lead in the competitive market, major companies are concentrating on entering into collaborations and acquisitions. For instance, Toyota has partnered with various e-commerce portals such as Pizza Hut, Amazon, China’s DiDi, and Uber to create a mobility service platform for e-commerce and shared rides, and develop robot-van like pods. Through the collaboration, the companies are focusing on broadening the scope of deployment of these robotic vans for delivering services, ridesharing or rolling office, and various other mobility services.
Essential Takeaways from the Market Report
- Comparison of prominent players operating in the market.
- Identification of Electric Shuttle Market drivers, restraints and other forces impacting the global market.
- Recent developments and key strategies adopted by market players.
- Study of the micro and macro-economic growth indicators.
- Impact of the various factors on the value chain.
- Evaluation of current Electric Shuttle market size, forecast and technological advancements within the industry.
- Key Electric Shuttle growth projections and highlights
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The Report Covers Exhaustive Analysis On:
- Electric Shuttle Market Drivers, Segments and Restraints.
- Electric Shuttle Market Survey and Dynamics
- Electric Shuttle Market Size & Demand
- Electric Shuttle Key Trends/Issues/Challenges
- Electric Shuttle Sales, Competition & Companies involved
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