According to Goldstein Research, electric and hybrid bus market is expected to reach 40,067 units by 2024, growing at a CAGR of 25.3% over the forecast period 2016-2024. Though the electric and hybrid bus market is in its initial phase but the rising venture funding and technological development is significantly driving the market. Global electric and hybrid bus market segmentation has been done on the basis of technology, vehicle type, end-user and geography. Urban busses , based on vehicle type, acquired largest market share of 41.0% in 2016 owing to demand from large number of commuters in urban cities. Global electric and hybrid bus market is largely dominated by Asia-Pacific region with 51.2% market share in 2016. The fast urbanization and rising population igniting the growth of public transportation are the key factors behind the large market share of APAC region. For North America to comply with environmental concerns and related policies, North America electric and hy...