Electric Bus Market Size, Share, Growth, Forecast 2030

Electric Bus Market

Electric Bus Market By End-User (Private and Public), By Battery Type (Lithium Iron Phosphate and Lithium Nickel Manganese Cobalt Oxide), By Application (Intracity and Intercity), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2023 - 2030

Category: Automotive Report Format : PDF Pages: 232 Report Code: ZMR-7637 Published Date: Sep-2023 Status : Published
Market Size in 2022 Market Forecast in 2030 CAGR (in %) Base Year
USD 20.31 Billion USD 50.14 Billion 11.95% 2022

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 projected to grow owing to the increasing number of countries and world leaders laying out visions that relate to achieving carbon neutrality.

 

According to study, the global electric bus market size was worth around USD 20.31 billion in 2022 and is predicted to grow to around USD 50.14 billion by 2030.

The CAGR value of the electric bus market is expected to be around 11.95% during 2023-2030.

The global electric bus market will be led by Asia-Pacific during the forecast period. In 2022, it generated around 80.2% of the global revenue.

The global electric bus market is led by players like Solaris, BYD, Volvo Buses, Zhongtong Bus, Irizar, Proterra, Alexander Dennis Limited, Yutong, Nova Bus, New Flyer, Blue Bird Corporation, VDL Bus & Coach, Temsa, Ebusco, and Gillig.

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

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