Blockchain Market 2020 Global Industry Size, Share, Trends, Demand, Advanced Technology, Business Growth, Top Key Players, Regional Analysis and Forecast 2025

An increasing investment in venture capital funding is one of the major factors that is expected to contribute to the growth of the global blockchain technology market over the forecast period. Likewise, transparency and easy business processes by blockchain technology decreases working costs, this is also helping to increase the growth of the global blockchain market. On the other hand, lack of technical professionals for managing or handling the blockchain technology is a crucial factor may hinder the growth of the global blockchain market during the prediction period.

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Thus, the huge adoption of blockchain technology for smart contracts, payments, and digital identities are also some other factor driving the growth of the global blockchain market. The growing demand for this solution in the financial services, industrial or consumer products, media & telecommunication, technology, transportation, as well as public sector hugely responsible for boosting the growth of this market.

The global blockchain market is segmented into technology type, application, and geography. In terms of technology type, the global market is segregated into public, private, and hybrid. On considering the application, the market is fragmented into exchanges, digital identity, smart contracts, payments, supply chain management, and others. Geographically, the global blockchain market is categorized into Asia Pacific, North America, Europe, South America, and the MEA.

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Furthermore, global blockchain market is bifurcated on the basis of regions that comprises North America, Europe, Asia-Pacific, the Middle East and Africa (MEA), and Central and South America. North America is home for the bulk of industries with a large operation base and has observed a prominent implementation of documentation, smart contracts, and payment applications in most of its industries specifically healthcare and life sciences and BFSI. The region is anticipated to be the largest for the acceptance of blockchain solutions owing to the increased capitalization on the development of distributed ledger technologies and to offer customers faster transactions and transparency. Growing penetration rate in several industries comprising real estate, media and entertainment, retail and e-commerce, transportation and logistics, and IT and telecommunication verticals are anticipated to drive the market growth. Furthermore, financial institutions in the Asia-Pacific region are heavily capitalizing on designing a permission blockchain network to minimize costs and streamline their internal operations. The integration of the technology in these segments is changing the way businesses are conducted across various industry verticals.

Leading market players in Blockchain Industry:

Amazon Web Services, Inc.,

BTL Group Ltd.

Chain, Inc.,


Digital Asset Holding LLC

Earthport PLC,


International Business Machines Corporation

Microsoft Corporation




Bitfury Group Limited

These vendors have adopted various types of growth strategies, such as business expansions, new product launches, acquisitions, product innovation, partnerships & collaborations and venture funding to expand their offerings and improve the customer experience in the market.

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Global Electric Bus Market 2020 Analysis by Industry Size, Share, Revenue, Growing-Demand, Latest Technology & Forecast Till 2025

The global electric bus market segmentation is based on the type, application, technology, coach length, company, charging structure, and geography of the market. By type, the electric bus market is sub-segmented into battery electric vehicles and hybrid electric vehicle. By application, the global electric bus market is divided into shuttles, transit buses, school buses, and many others. Based on technology, the global electric bus market is categorized into series hybrid, parallel hybrid, and series-parallel hybrid.

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Rising prices of gasoline, promising government strategies, growing government electrification policies of public transport and growing supportive regulations are some factors fueling the growth of the global electric bus market.

In terms of coach length, the global electric bus market is sub-segmented into >9 meters, 10-11 meter, 12-13 meter, 14-16 meter, and >18 meters. Major companies playing in the global electric bus market include Goldstone, Tata Motors Limited, JBM Auto Limited, Mahindra Electric Mobility Ltd, and others.

In terms of region, the global electric bus market is sub-segmented into Europe, Asia Pacific, North America, and the rest of the world. Asia Pacific region holds the largest global electric bus market share across the globe. Japan and India are also anticipating a substantial growth in the coming years. European countries such as Germany, U.K., Netherlands, and France are likely to continue the growth in terms of share in the forecasted period.

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Leading vendors operating in the global electric bus market include Proterra Inc., Volvo Group, New Flyer Indudtries Inc., EBUSCO, BYD Company Ltd., King Long United Automotive, Solaris Bus, and many others.  Key players are also adopting several new strategies like new product launches and mergers & acquisitions.

The global electric bus market: Key Players

  • BYD Company
  • Higer Bus
  • Yinlong Energy
  • Zhongtong Bus Holding

Segmentation of global electric bus market:

By Type

  • Battery Electric Vehicle
  • Hybrid Electric Vehicle

By Application

  • Transit Buses
  • Shuttles
  • School Buses
  • Others

By Technology

  • Series Parallel Hybrid
  • Series Hybrid
  • Parallel Hybrid

By Coach Length

  • >18 Meter
  • 14-16 Meter
  • 12-13 Meter
  • 10-11 Meter
  • <9 Meter

By Charging Structure

  • Roof Pantograph
  • Ground Contact
  • Plug Only
  • Gantry Pantograph
  • Induction

By Region

  • Europe
  • -Germany
  • K.
  • Netherlands
  • Austria
  • Poland
  • Lithuania
  • Belgium
  • Spain
  • France
  • Sweden

Rest of Europe

  • Asia-Pacific (ASAC)
  • India
  • China
  • Rest of APAC
  • North America
  • Canada
  • S.
  • Rest of World
  • Brazil
  • Others

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The global electric bus market: Drivers

Reduction in the battery prices is one of the main driver in global electric bus market. Battery costs account for substantial share of total budget of electric bus manufacturing.

What to expect from the upcoming report on ‘Global Electric Bus Market’:

  • Analysis of future prospects as well as global electric bus market trends over the forecast period (2018-2025)
  • Information regarding technological progressions as well as innovations taking place in developing as well as developed economies and also various macro & microeconomic factors that affect the growth of the market.
  • Supportive initiatives by government likely to influence the market dynamics.
  • Key drivers influencing market’s growth, opportunities, restraints, sales channels and distributors.
  • In-depth analysis of different market segmentations including end-user, application, manufacturing process and geographical regions.
  • Deep analysis about the competitive landscape of the market and the initiatives by them to improve this market such as expansions, growth strategies, agreements, new product launches and acquisitions in the market
  • Value Chain and Sales Channels Analysis

Who should buy this report?

– Report is especially designed for Venture capitalists, Investors, financial institutions, Analysts, Government organizations, regulatory authorities, policymakers, researchers, strategy

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