
Electric Bus Market
Electric Bus Market - Global Industry Assessment & Forecast
Segments Covered
By Type BEVs, FCEVs
By Consumer Private, Government
By Application Intercity, Intracity
By Bus Type Less Than 9m, 9m−14m, Above 14m
By Vehicle Range Less Than 200 Miles, Above 200 Miles
By Battery Capacity Upto 400 kWh, Above 400 kWh
By Power Output Upto 250 kW, Above 250 kW
By Battery Type Lithium- Nickel- Manganese- Cobalt-Oxide, Lithium- Iron- Phosphate, Other Battery Types
By Component (Qualitative) Motor, Battery, Fuel Cell Stack, Battery Management System, Battery Cooling System, EV Connectors
By Seating Capacity Up to 40 Seats, 40-70 Seats, Above 70 Seats
By Autonomy Semi- Autonomous, Autonomous
By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
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2023 |
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2024 - 2032 |
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2018 - 2022 |
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USD 49.88 Billion |
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USD 178.2 Billion |
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15.2% |
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North America |
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Asia Pacific |
Customization Offered
Cross-segment Market Size and Analysis for Mentioned Segments
Additional Company Profiles (Upto 5 With No Cost)
Additional Countries (Apart From Mentioned Countries)
Country/Region-specific Report
Go To Market Strategy
Region Specific Market Dynamics
Region Level Market Share
Import Export Analysis
Production Analysis
Others Request Customization Speak To Analyst
Sr. No. | Offering | Report Coverage |
1. | Market Size | In terms of Revenue (USD Million) |
2. | Historic Data | 2018 to 2022 |
3. | Forecast Data | 2024 to 2032 |
4. | Market Drivers, Restraints, Opportunities, & Regional Market Trends | Yes |
5. | Market Attractiveness Analysis | Yes |
6. | Segment Analysis | Maximum Segments |
7. | Regional Coverage | 5 Regions |
8. | Country Coverage | Top 22 Countries |
9. | Competitive Landscape and Company Market Share Analysis | Yes. Exhaustive information will be provided in two separate chapters of Competitive Landscape and Company Profiles. |
10. | Porter’s Five Forces Analysis | Yes. |
11. | Value Chain Analysis | Yes |
12. | PEST Analysis | Yes |
13. | Regulatory Landscape | Yes |
14. | Technology Landscape | Yes |
15. | COVID-19 Impact Analysis | Yes. Exhaustive information for Key Strategies Undertaken by Companies, Impact Assessment of the COVID-19 Pandemic by Region, along with Short-term and Long-term dynamics. |
16. | Top startups to watch out for | Yes |
17. | Top 3 Trends to Watch | Yes |
18. | Top 3 Strategies Followed by Major Players | Yes |
19. | Top 3 Predictions by Vantage Market Research | Yes |
20. | Discussion Guide | Yes |
21. | Key Primary Respondents - VERBATIM | Yes |
22. | Transcripts from the Primary Respondents | Additional Cost USD 1,000 |
23. | Others/Miscellaneous |

FAQ
Frequently Asked Question
What is the global demand for Electric Bus in terms of revenue?
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The global Electric Bus valued at USD 49.88 Billion in 2023 and is expected to reach USD 178.2 Billion in 2032 growing at a CAGR of 15.2%.
Which are the prominent players in the market?
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The prominent players in the market are Tata Motors (India), Daimler AG (Germany), Geely Automobiles Holdings Ltd. (China), Man SE (Germany), Scania AB (Sweden), AB Volvo (Sweden), BYD Company Ltd. (China), Dongfeng Motor Company (China), Zhengzhou Yutong Bus Co. Ltd. (China), Proterra Inc. (U.S.), CAF Group (Spain), VDL Groep (Netherlands).
At what CAGR is the market projected to grow within the forecast period?
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The market is project to grow at a CAGR of 15.2% between 2024 and 2032.
What are the driving factors fueling the growth of the market.
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The driving factors of the Electric Bus include
- Increasing demand for emission-free and energy-efficient mass transit solutions
Which region accounted for the largest share in the market?
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Asia Pacific was the leading regional segment of the Electric Bus in 2023.