Electric Bus Industry to Reach $37.5 Billion by 2030: Key Market Drivers and Trends

Electric Bus Market
The global electric bus industry is projected to grow at a CAGR of 14.2% during the forecast period, from an estimated market size of USD 17.0billion in 2024 to USD 37.5 billion by 2030. The growing demand for electric buses is driven by several factors, such as government initiatives, subsidies and tax exemptions for electric vehicle adoption, charging infrastructure, and advancements in battery...

EV Market Size, Share, Trends & Growth Analysis by 2030

Electric Vehicle Market
The global EV Market is projected to grow from USD 396.4 Billion in 2024 to USD 620.3 Billion by 2030, registering a CAGR of 7.7%. The global electric vehicle (EV) market has well developed over the years due to several factors. Emerging environmental consciousness for air pollution and greenhouse gas emissions, among others, has led the governments across the globe to put supportive policies, which...

Electric Light Commercial Vehicle Market Size, Share & trends [2030]

Electric Light Commercial Vehicle Market
The global electric light commercial vehicle market size is projected to grow from 333.6 thousand units in 2022 to 3,919.3 thousand units by 2030, at a CAGR of 36.1%. Factors such as rising demand for zero-emissions commuting and government support for low-emission vehicles through subsidies and tax breaks have resulted in automakers embracing EVs and the expansion of the electric light commercial...

Sticking to the Future: EV Adhesives Market on the Rise

The electric vehicle (EV) revolution is in full swing, and with it comes a surge in demand for specialized components. One such crucial but often overlooked element is electric vehicle adhesives.  These adhesives play a vital role in ensuring the structural integrity, safety, and performance of EVs. Market Size and Forecast The electric vehicle adhesives market is experiencing explosive...