Global Electric Bus Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

An electric bus is a bus powered by electricity. An electric bus uses electric motors or traction motors for propulsion. An electric bus may be powered through a collector system by electricity from off-bus sources, or may be self-contained with a battery or generator to convert fuel to electricity.

According to our Researcher latest study, the global Electric Bus market size was valued at USD 11960 million in 2022 and is forecast to a readjusted size of USD 22530 million by 2029 with a CAGR of 9.5% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Global Electric Bus key players include Schneider Electric, Southwire Company LLC, Gonda Metal Industry, etc. Global top three manufacturers hold a share over 25%.
China is the largest market, with a share about 25%, followed by North America, and Europe, both have a share over 35 percent.
In terms of product, Battery Electric Bus is the largest segment, with a share over 90%. And in terms of application, the largest application is Transit Bus, followed by Travel Bus, etc.

This report is a detailed and comprehensive analysis for global Electric Bus market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.

Key Features:

Global Electric Bus market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (K USD/Unit), 2018-2029

Global Electric Bus market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (K USD/Unit), 2018-2029

Global Electric Bus market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (K USD/Unit), 2018-2029

Global Electric Bus market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (K USD/Unit), 2018-2023

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Electric Bus

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Electric Bus market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Yutong, DFAC, BYD, King Long and Zhong Tong, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Market Segmentation

Electric Bus market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type

Battery Electric Bus

Plug-in Hybrid Electric Bus

Fuel Cell Electric Bus

Market segment by Application

Transit Bus

Travel Bus

Others

Major players

covered

Yutong

DFAC

BYD

King Long

Zhong Tong

Foton

ANKAI

Guangtong

Nanjing Gold Dragon

Volvo

New Flyer

Daimler

Gillig

CRRC Electric Vehicle

Higer Bus

King Long Motor Group

Proterra

VDL Bus & Coach

Solaris Bus & Coach

EBUSCO

Market segment by region, regional analysis covers

North America (United States, Canada and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Electric Bus product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Electric Bus, with price, sales, revenue and global market share of Electric Bus from 2018 to 2023.

Chapter 3, the Electric Bus competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Electric Bus breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Electric Bus market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.

Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.

Chapter 13, the key raw materials and key suppliers, and industry chain of Electric Bus.

Chapter 14 and 15, to describe Electric Bus sales channel, distributors, customers, research findings and conclusion.