Global Electric Bus Market Size, Share, Growth Analysis Report - Forecast 2034

Electric Bus Market

Electric Bus Market By Propulsion Type (Battery Electric Vehicle (BEV), Plug-in Hybrid Electric Vehicle (PHEV), Fuel Cell Electric Vehicle (FCEV)), By Battery Type (Lithium-ion, Lead Acid, Others), By Length (Less than 9 meters, 9–14 meters, More than 14 meters), By Consumer (Public, Private), By End-user (Government, Fleet Operators, Others), and By Region: Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2025 - 2034-

Category: Automotive Report Format : PDF Pages: 232 Report Code: ZMR-7637 Published Date: Sep-2023 Status : Published
Market Size in 2024 Market Forecast in 2034 CAGR (in %) Base Year
USD 19.28 Billion USD 126.73 Billion 18.8% 2024

Table Of Content

  • Chapter 1. Preface
    • 1.1 Report Description and Scope
    • 1.2 Research scope
    • 1.3 Research methodology
      • 1.3.1 Market Research Type
      • 1.3.2 Market research methodology
  • Chapter 2. Executive Summary
    • 2.1 Global Electric Bus Market, (2023 - 2030) (USD Billion)
    • 2.2 Global Electric Bus Market : snapshot
  • Chapter 3. Global Electric Bus Market - Industry Analysis
    • 3.1 Electric Bus Market: Market Dynamics
    • 3.2 Market Drivers
      • 3.2.1 Growing number of countries envisioning carbon neutrality to create higher demand
    • 3.3 Market Restraints
      • 3.3.1. Questionable bus performance in severe weather conditions could restrict market conditions
    • 3.4 Market Opportunities
      • 3.4.1. Investments in renewable electricity for electric buses to create future growth possibilities
    • 3.5 Market Challenges
      • 3.5.1. High cost of initial investment and other technical issues to create barriers against growth
    • 3.6 Porter’s Five Forces Analysis
    • 3.7 Market Attractiveness Analysis
      • 3.7.1 Market attractiveness analysis By End-User
      • 3.7.2 Market attractiveness analysis By Battery Type
      • 3.7.3 Market attractiveness analysis By Application
  • Chapter 4. Global Electric Bus Market- Competitive Landscape
    • 4.1 Company market share analysis
      • 4.1.1 Global Electric Bus Market: company market share, 2022
    • 4.2 Strategic development
      • 4.2.1 Acquisitions & mergers
      • 4.2.2 New Product launches
      • 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
      • 4.2.4 Research and development and Regional expansion
    • 4.3 Price trend analysis
  • Chapter 5. Global Electric Bus Market - End-User Analysis
    • 5.1 Global Electric Bus Market overview: By End-User
      • 5.1.1 Global Electric Bus Market share, By End-User, 2022 and 2030
    • 5.2 Private
      • 5.2.1 Global Electric Bus Market by Private, 2023 - 2030 (USD Billion)
    • 5.3 Public
      • 5.3.1 Global Electric Bus Market by Public, 2023 - 2030 (USD Billion)
  • Chapter 6. Global Electric Bus Market - Battery Type Analysis
    • 6.1 Global Electric Bus Market overview: By Battery Type
      • 6.1.1 Global Electric Bus Market share, By Battery Type, 2022 and 2030
    • 6.2 Lithium Iron Phosphate
      • 6.2.1 Global Electric Bus Market by Lithium Iron Phosphate, 2023 - 2030 (USD Billion)
    • 6.3 Lithium Nickel Manganese Cobalt Oxide
      • 6.3.1 Global Electric Bus Market by Lithium Nickel Manganese Cobalt Oxide, 2023 - 2030 (USD Billion)
  • Chapter 7. Global Electric Bus Market - Application Analysis
    • 7.1 Global Electric Bus Market overview: By Application
      • 7.1.1 Global Electric Bus Market share, By Application, 2022 and 2030
    • 7.2 Intracity
      • 7.2.1 Global Electric Bus Market by Intracity, 2023 - 2030 (USD Billion)
    • 7.3 Intercity
      • 7.3.1 Global Electric Bus Market by Intercity, 2023 - 2030 (USD Billion)
  • Chapter 8. Electric Bus Market - Regional Analysis
    • 8.1 Global Electric Bus Market Regional Overview
    • 8.2 Global Electric Bus Market Share, by Region, 2022 & 2030 (USD Billion)
    • 8.3. North America
      • 8.3.1 North America Electric Bus Market, 2023 - 2030 (USD Billion)
        • 8.3.1.1 North America Electric Bus Market, by Country, 2023 - 2030 (USD Billion)
    • 8.4 North America Electric Bus Market, by End-User, 2023 - 2030
      • 8.4.1 North America Electric Bus Market, by End-User, 2023 - 2030 (USD Billion)
    • 8.5 North America Electric Bus Market, by Battery Type, 2023 - 2030
      • 8.5.1 North America Electric Bus Market, by Battery Type, 2023 - 2030 (USD Billion)
    • 8.6 North America Electric Bus Market, by Application, 2023 - 2030
      • 8.6.1 North America Electric Bus Market, by Application, 2023 - 2030 (USD Billion)
    • 8.4. Europe
      • 8.4.2 Europe Electric Bus Market, 2023 - 2030 (USD Billion)
        • 8.4.2.1 Europe Electric Bus Market, by Country, 2023 - 2030 (USD Billion)
    • 8.4 Europe Electric Bus Market, by End-User, 2023 - 2030
      • 8.4.1 Europe Electric Bus Market, by End-User, 2023 - 2030 (USD Billion)
    • 8.5 Europe Electric Bus Market, by Battery Type, 2023 - 2030
      • 8.5.1 Europe Electric Bus Market, by Battery Type, 2023 - 2030 (USD Billion)
    • 8.6 Europe Electric Bus Market, by Application, 2023 - 2030
      • 8.6.1 Europe Electric Bus Market, by Application, 2023 - 2030 (USD Billion)
    • 8.5. Asia Pacific
      • 8.5.3 Asia Pacific Electric Bus Market, 2023 - 2030 (USD Billion)
        • 8.5.3.1 Asia Pacific Electric Bus Market, by Country, 2023 - 2030 (USD Billion)
    • 8.4 Asia Pacific Electric Bus Market, by End-User, 2023 - 2030
      • 8.4.1 Asia Pacific Electric Bus Market, by End-User, 2023 - 2030 (USD Billion)
    • 8.5 Asia Pacific Electric Bus Market, by Battery Type, 2023 - 2030
      • 8.5.1 Asia Pacific Electric Bus Market, by Battery Type, 2023 - 2030 (USD Billion)
    • 8.6 Asia Pacific Electric Bus Market, by Application, 2023 - 2030
      • 8.6.1 Asia Pacific Electric Bus Market, by Application, 2023 - 2030 (USD Billion)
    • 8.6. Latin America
      • 8.6.4 Latin America Electric Bus Market, 2023 - 2030 (USD Billion)
        • 8.6.4.1 Latin America Electric Bus Market, by Country, 2023 - 2030 (USD Billion)
    • 8.4 Latin America Electric Bus Market, by End-User, 2023 - 2030
      • 8.4.1 Latin America Electric Bus Market, by End-User, 2023 - 2030 (USD Billion)
    • 8.5 Latin America Electric Bus Market, by Battery Type, 2023 - 2030
      • 8.5.1 Latin America Electric Bus Market, by Battery Type, 2023 - 2030 (USD Billion)
    • 8.6 Latin America Electric Bus Market, by Application, 2023 - 2030
      • 8.6.1 Latin America Electric Bus Market, by Application, 2023 - 2030 (USD Billion)
    • 8.7. The Middle-East and Africa
      • 8.7.5 The Middle-East and Africa Electric Bus Market, 2023 - 2030 (USD Billion)
        • 8.7.5.1 The Middle-East and Africa Electric Bus Market, by Country, 2023 - 2030 (USD Billion)
    • 8.4 The Middle-East and Africa Electric Bus Market, by End-User, 2023 - 2030
      • 8.4.1 The Middle-East and Africa Electric Bus Market, by End-User, 2023 - 2030 (USD Billion)
    • 8.5 The Middle-East and Africa Electric Bus Market, by Battery Type, 2023 - 2030
      • 8.5.1 The Middle-East and Africa Electric Bus Market, by Battery Type, 2023 - 2030 (USD Billion)
    • 8.6 The Middle-East and Africa Electric Bus Market, by Application, 2023 - 2030
      • 8.6.1 The Middle-East and Africa Electric Bus Market, by Application, 2023 - 2030 (USD Billion)
  • Chapter 9. Company Profiles
    • 9.1 Solaris
      • 9.1.1 Overview
      • 9.1.2 Financials
      • 9.1.3 Product Portfolio
      • 9.1.4 Business Strategy
      • 9.1.5 Recent Developments
    • 9.2 BYD
      • 9.2.1 Overview
      • 9.2.2 Financials
      • 9.2.3 Product Portfolio
      • 9.2.4 Business Strategy
      • 9.2.5 Recent Developments
    • 9.3 Volvo Buses
      • 9.3.1 Overview
      • 9.3.2 Financials
      • 9.3.3 Product Portfolio
      • 9.3.4 Business Strategy
      • 9.3.5 Recent Developments
    • 9.4 Zhongtong Bus
      • 9.4.1 Overview
      • 9.4.2 Financials
      • 9.4.3 Product Portfolio
      • 9.4.4 Business Strategy
      • 9.4.5 Recent Developments
    • 9.5 Irizar
      • 9.5.1 Overview
      • 9.5.2 Financials
      • 9.5.3 Product Portfolio
      • 9.5.4 Business Strategy
      • 9.5.5 Recent Developments
    • 9.6 Proterra
      • 9.6.1 Overview
      • 9.6.2 Financials
      • 9.6.3 Product Portfolio
      • 9.6.4 Business Strategy
      • 9.6.5 Recent Developments
    • 9.7 Alexander Dennis Limited
      • 9.7.1 Overview
      • 9.7.2 Financials
      • 9.7.3 Product Portfolio
      • 9.7.4 Business Strategy
      • 9.7.5 Recent Developments
    • 9.8 Yutong
      • 9.8.1 Overview
      • 9.8.2 Financials
      • 9.8.3 Product Portfolio
      • 9.8.4 Business Strategy
      • 9.8.5 Recent Developments
    • 9.9 Nova Bus
      • 9.9.1 Overview
      • 9.9.2 Financials
      • 9.9.3 Product Portfolio
      • 9.9.4 Business Strategy
      • 9.9.5 Recent Developments
    • 9.10 New Flyer
      • 9.10.1 Overview
      • 9.10.2 Financials
      • 9.10.3 Product Portfolio
      • 9.10.4 Business Strategy
      • 9.10.5 Recent Developments
    • 9.11 Blue Bird Corporation
      • 9.11.1 Overview
      • 9.11.2 Financials
      • 9.11.3 Product Portfolio
      • 9.11.4 Business Strategy
      • 9.11.5 Recent Developments
    • 9.12 VDL Bus & Coach
      • 9.12.1 Overview
      • 9.12.2 Financials
      • 9.12.3 Product Portfolio
      • 9.12.4 Business Strategy
      • 9.12.5 Recent Developments
    • 9.13 Temsa
      • 9.13.1 Overview
      • 9.13.2 Financials
      • 9.13.3 Product Portfolio
      • 9.13.4 Business Strategy
      • 9.13.5 Recent Developments
    • 9.14 Ebusco
      • 9.14.1 Overview
      • 9.14.2 Financials
      • 9.14.3 Product Portfolio
      • 9.14.4 Business Strategy
      • 9.14.5 Recent Developments
    • 9.15 Gillig.
      • 9.15.1 Overview
      • 9.15.2 Financials
      • 9.15.3 Product Portfolio
      • 9.15.4 Business Strategy
      • 9.15.5 Recent Developments
    • 9.16 and others.
      • 9.16.1 Overview
      • 9.16.2 Financials
      • 9.16.3 Product Portfolio
      • 9.16.4 Business Strategy
      • 9.16.5 Recent Developments

Table Of Figures

  • 1. Market research Type
  • 2. Market research methodology
  • 3. Global Electric Bus Market, 2023 - 2030 (USD Billion)
  • 4. Porter’s Five Forces Analysis
  • 5. Global Electric Bus Market attractiveness, By End-User
  • 6. Global Electric Bus Market attractiveness, By Battery Type
  • 7. Global Electric Bus Market attractiveness, By Application
  • 8. Global Electric Bus Market share by End-User, 2023 and 2030 (USD Billion)
  • 9. Global Electric Bus Market by Private, 2023 - 2030 (USD Billion)
  • 10. Global Electric Bus Market by Public, 2023 - 2030 (USD Billion)
  • 11. Global Electric Bus Market share by Battery Type, 2023 and 2030 (USD Billion)
  • 12. Global Electric Bus Market by Lithium Iron Phosphate, 2023 - 2030 (USD Billion)
  • 13. Global Electric Bus Market by Lithium Nickel Manganese Cobalt Oxide, 2023 - 2030 (USD Billion)
  • 14. Global Electric Bus Market share by Application, 2023 and 2030 (USD Billion)
  • 15. Global Electric Bus Market by Intracity, 2023 - 2030 (USD Billion)
  • 16. Global Electric Bus Market by Intercity, 2023 - 2030 (USD Billion)
  • 17. Global Electric Bus Market share, by Region, 2023 and 2030
  • 18. North America Electric Bus Market, 2023 - 2030 (USD Billion)
  • 19. Europe Electric Bus Market, 2023 - 2030 (USD Billion)
  • 20. Asia Pacific Electric Bus Market, 2023 - 2030 (USD Billion)
  • 21. Latin America Electric Bus Market, 2023 - 2030 (USD Billion)
  • 22. The Middle-East and Africa Electric Bus Market, 2023 - 2030 (USD Billion)

Table Of Tables

  • 1. Global Electric Bus Market: Snapshot
  • 2. Drivers of the Electric Bus Market: impact analysis
  • 3. North America Electric Bus Market revenue, By End-User, 2023 - 2030 (USD Billion)
  • 4. North America Electric Bus Market revenue, By Battery Type, 2023 - 2030 (USD Billion)
  • 5. North America Electric Bus Market revenue, By Application, 2023 - 2030 (USD Billion)
  • 6. U.S. Electric Bus Market revenue, By End-User, 2023 - 2030 (USD Billion)
  • 7. U.S. Electric Bus Market revenue, By Battery Type, 2023 - 2030 (USD Billion)
  • 8. U.S. Electric Bus Market revenue, By Application, 2023 - 2030 (USD Billion)
  • 9. Canada Electric Bus Market revenue, By End-User, 2023 - 2030 (USD Billion)
  • 10. Canada Electric Bus Market revenue, By Battery Type, 2023 - 2030 (USD Billion)
  • 11. Canada Electric Bus Market revenue, By Application, 2023 - 2030 (USD Billion)
  • 12. Europe Electric Bus Market revenue, By End-User, 2023 - 2030 (USD Billion)
  • 13. Europe Electric Bus Market revenue, By Battery Type, 2023 - 2030 (USD Billion)
  • 14. Europe Electric Bus Market revenue, By Application, 2023 - 2030 (USD Billion)
  • 15. Germany Electric Bus Market revenue, By End-User, 2023 - 2030 (USD Billion)
  • 16. Germany Electric Bus Market revenue, By Battery Type, 2023 - 2030 (USD Billion)
  • 17. Germany Electric Bus Market revenue, By Application, 2023 - 2030 (USD Billion)
  • 18. France Electric Bus Market revenue, By End-User, 2023 - 2030 (USD Billion)
  • 19. France Electric Bus Market revenue, By Battery Type, 2023 - 2030 (USD Billion)
  • 20. France Electric Bus Market revenue, By Application, 2023 - 2030 (USD Billion)
  • 21. U.K. Electric Bus Market revenue, By End-User, 2023 - 2030 (USD Billion)
  • 22. U.K. Electric Bus Market revenue, By Battery Type, 2023 - 2030 (USD Billion)
  • 23. U.K. Electric Bus Market revenue, By Application, 2023 - 2030 (USD Billion)
  • 24. Italy Electric Bus Market revenue, By End-User, 2023 - 2030 (USD Billion)
  • 25. Italy Electric Bus Market revenue, By Battery Type, 2023 - 2030 (USD Billion)
  • 26. Italy Electric Bus Market revenue, By Application, 2023 - 2030 (USD Billion)
  • 27. Spain Electric Bus Market revenue, By End-User, 2023 - 2030 (USD Billion)
  • 28. Spain Electric Bus Market revenue, By Battery Type, 2023 - 2030 (USD Billion)
  • 29. Spain Electric Bus Market revenue, By Application, 2023 - 2030 (USD Billion)
  • 30. Rest of Europe Electric Bus Market revenue, By End-User, 2023 - 2030 (USD Billion)
  • 31. Rest of Europe Electric Bus Market revenue, By Battery Type, 2023 - 2030 (USD Billion)
  • 32. Rest of Europe Electric Bus Market revenue, By Application, 2023 - 2030 (USD Billion)
  • 33. Asia Pacific Electric Bus Market revenue, By End-User, 2023 - 2030 (USD Billion)
  • 34. Asia Pacific Electric Bus Market revenue, By Battery Type, 2023 - 2030 (USD Billion)
  • 35. Asia Pacific Electric Bus Market revenue, By Application, 2023 - 2030 (USD Billion)
  • 36. China Electric Bus Market revenue, By End-User, 2023 - 2030 (USD Billion)
  • 37. China Electric Bus Market revenue, By Battery Type, 2023 - 2030 (USD Billion)
  • 38. China Electric Bus Market revenue, By Application, 2023 - 2030 (USD Billion)
  • 39. Japan Electric Bus Market revenue, By End-User, 2023 - 2030 (USD Billion)
  • 40. Japan Electric Bus Market revenue, By Battery Type, 2023 - 2030 (USD Billion)
  • 41. Japan Electric Bus Market revenue, By Application, 2023 - 2030 (USD Billion)
  • 42. India Electric Bus Market revenue, By End-User, 2023 - 2030 (USD Billion)
  • 43. India Electric Bus Market revenue, By Battery Type, 2023 - 2030 (USD Billion)
  • 44. India Electric Bus Market revenue, By Application, 2023 - 2030 (USD Billion)
  • 45. South Korea Electric Bus Market revenue, By End-User, 2023 - 2030 (USD Billion)
  • 46. South Korea Electric Bus Market revenue, By Battery Type, 2023 - 2030 (USD Billion)
  • 47. South Korea Electric Bus Market revenue, By Application, 2023 - 2030 (USD Billion)
  • 48. South-East Asia Electric Bus Market revenue, By End-User, 2023 - 2030 (USD Billion)
  • 49. South-East Asia Electric Bus Market revenue, By Battery Type, 2023 - 2030 (USD Billion)
  • 50. South-East Asia Electric Bus Market revenue, By Application, 2023 - 2030 (USD Billion)
  • 51. Rest of Asia Pacific Electric Bus Market revenue, By End-User, 2023 - 2030 (USD Billion)
  • 52. Rest of Asia Pacific Electric Bus Market revenue, By Battery Type, 2023 - 2030 (USD Billion)
  • 53. Rest of Asia Pacific Electric Bus Market revenue, By Application, 2023 - 2030 (USD Billion)
  • 54. Latin America Electric Bus Market revenue, By End-User, 2023 - 2030 (USD Billion)
  • 55. Latin America Electric Bus Market revenue, By Battery Type, 2023 - 2030 (USD Billion)
  • 56. Latin America Electric Bus Market revenue, By Application, 2023 - 2030 (USD Billion)
  • 57. Brazil Electric Bus Market revenue, By End-User, 2023 - 2030 (USD Billion)
  • 58. Brazil Electric Bus Market revenue, By Battery Type, 2023 - 2030 (USD Billion)
  • 59. Brazil Electric Bus Market revenue, By Application, 2023 - 2030 (USD Billion)
  • 60. Mexico Electric Bus Market revenue, By End-User, 2023 - 2030 (USD Billion)
  • 61. Mexico Electric Bus Market revenue, By Battery Type, 2023 - 2030 (USD Billion)
  • 62. Mexico Electric Bus Market revenue, By Application, 2023 - 2030 (USD Billion)
  • 63. Rest of Latin America Electric Bus Market revenue, By End-User, 2023 - 2030 (USD Billion)
  • 64. Rest of Latin America Electric Bus Market revenue, By Battery Type, 2023 - 2030 (USD Billion)
  • 65. Rest of Latin America Electric Bus Market revenue, By Application, 2023 - 2030 (USD Billion)
  • 66. The Middle-East and Africa Electric Bus Market revenue, By End-User, 2023 - 2030 (USD Billion)
  • 67. The Middle-East and Africa Electric Bus Market revenue, By Battery Type, 2023 - 2030 (USD Billion)
  • 68. The Middle-East and Africa Electric Bus Market revenue, By Application, 2023 - 2030 (USD Billion)
  • 69. GCC Countries Electric Bus Market revenue, By End-User, 2023 - 2030 (USD Billion)
  • 70. GCC Countries Electric Bus Market revenue, By Battery Type, 2023 - 2030 (USD Billion)
  • 71. GCC Countries Electric Bus Market revenue, By Application, 2023 - 2030 (USD Billion)
  • 72. South Africa Electric Bus Market revenue, By End-User, 2023 - 2030 (USD Billion)
  • 73. South Africa Electric Bus Market revenue, By Battery Type, 2023 - 2030 (USD Billion)
  • 74. South Africa Electric Bus Market revenue, By Application, 2023 - 2030 (USD Billion)
  • 75. Rest of Middle-East Africa Electric Bus Market revenue, By End-User, 2023 - 2030 (USD Billion)
  • 76. Rest of Middle-East Africa Electric Bus Market revenue, By Battery Type, 2023 - 2030 (USD Billion)
  • 77. Rest of Middle-East Africa Electric Bus Market revenue, By Application, 2023 - 2030 (USD Billion)

Methodology

FrequentlyAsked Questions

An electric bus is a movable vehicle, with higher seating capacity as compared to cars, in which the propulsion system and other accessory settings are powered using a zero-emission electricity source.

The global electric bus market is expected to grow due to Government incentives and push for zero-emission public transportation.

According to a study, the global electric bus market size was worth around USD 19.28 Billion in 2024 and is expected to reach USD 126.73 Billion by 2034.

The global electric bus market is expected to grow at a CAGR of 18.8% during the forecast period.

Asia-Pacific is expected to dominate the electric bus market over the forecast period.

Leading players in the global electric bus market include Solaris, BYD, Volvo Buses, Zhongtong Bus, Irizar, Proterra, Alexander Dennis Limited, Yutong, Nova Bus, New Flyer, Blue Bird Corporation, VDL Bus & Coach, Temsa, Ebusco, Gillig., and others., among others.

The report explores crucial aspects of the electric bus market, including a detailed discussion of existing growth factors and restraints, while also examining future growth opportunities and challenges that impact the market.

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List of Contents

Electric BusIndustry Prospective:OverviewKey InsightsGrowth DriversRestraintsOpportunitiesChallengesSegmentationReport ScopeRegional AnalysisCompetitive Analysis

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