Electric Bus Market Size, Share & Trends Analysis Report By Type (Battery Electric Vehicle, Plug-in Hybrid Electric Vehicle), By Battery Type, By Application (Intercity, Intracity), By End Use (Public, Private), By Region, And Segment Forecasts, 2024 - 2030

Report
120 Pages
July 2024
Region: Global
Grand View Research
ID: 5990590

The global electric bus market size is anticipated to reach USD 110.44 billion by 2030 and expanding at a CAGR of 12.1% from 2024 to 2030, according to a new report. The market growth is attributed to the rising demand from private transit agencies, city planners, and private institutions for alternatives to conventional buses and increase in production of cost-effective batteries are major factors driving the growth. Additionally, the rapid expansion of fast-charging infrastructure is significantly contributing to the growing adoption of electric buses globally.

Increased government support for electrifying public transportation is expected to propel the market's growth. For instance, in March 2024, the New York City awarded a funding of USD 77 million from the federal Bipartisan Infrastructure Law to enhance the number of electric school buses and trucks in the city. The funding includes a grant of USD 61.1 million from the U.S. EPA's Clean School Bus Grant Program, which will add 180 new electric school buses to the city's fleet, effectively quadrupling the total number of electric school buses in New York City. Such initiatives are expected to bode well for the growth of the market.

Stringent environmental regulations and government emission standards are poised to open significant growth opportunities for the electric bus industry. Numerous government bodies have implemented pioneering pollution reduction programs that offer incentives to promote the adoption of electric buses in public transportation systems. Furthermore, the global transportation sector's growing focus on sustainability is driving customers to increasingly embrace alternative and innovative energy vehicles.

Furthermore, rising investment by the government to boost the battery charging infrastructure is expected to fuel the electric bus industry. For instance, in October 2023, the French government allocated funding to accelerate the deployment of electric vehicle charging points, ensuring that France remains on track to meet the ambitious targets set by the EU's new alternative fuel infrastructure regulation. France aims to install over 400,000 electric vehicle charging points on its road network by 2030, with a specific target of 50,000 fast charging points.

Electric Bus Market Report Highlights

Based on type, the battery electric vehicle (BEV) segment dominated the market in 2023. Battery-powered electric buses can significantly mitigate the environmental and health hazards associated with diesel buses, while offering a reliable and cost-effective solution for cities and school districts. Advances in electric bus technology and a rapid decline in battery costs are driving the segment's growth.
Based on battery type, the lithium iron phosphate segment dominated the market in 2023. Lithium iron phosphate (LFP) battery packs have emerged as a preferred choice for electric buses due to their ability to provide high voltage, power density, extended life cycle, reduced heating, and enhanced safety compared to other battery technologies.
In terms of application, the intercity segment is expected to grow at a fastest CAGR from 2024 to 2030. The growing demand for electric buses for long-distance transportation applications is boosting the segment's growth.
Based on end use, the public segment accounted for the largest market share in 2023. A surge in the adoption of electric buses for airport operations, in schools and for intercity and intracity services can be attributed to the segment's growth.
The North America region is expected to grow at the fastest CAGR from 2024 to 2030. The demand for electric buses in North America is experiencing a significant surge, driven by several key factors. The U.S. is leading country, with the highest sales of electric buses, followed by Canada and Mexico. The growth of electric buses in the region can be attributed to several factors, including growing population, demand for electric school buses and rising adoption of emission-free vehicles.
In April 2024, NueGo, an electric bus brand of Greencell Mobility Private Limited introduced a long-haul, air-conditioned seater and sleeper intercity electric bus service in India which runs between Chennai and Bengaluru. The launch electric bus service represents a significant step towards decarbonizing India's public transportation sector and fostering a more sustainable ecosystem for intercity travel.

This product will be delivered within 1-3 business days.

Chapter 1. Methodology and Scope

1.1. Market Segmentation & Scope
1.2. Market Definitions
1.3. Information Procurement
1.4. Information Analysis
1.4.1. Market Formulation & Data Visualization
1.4.2. Data Validation & Publishing
1.5. Research Scope and Assumptions
1.6. List of Data Sources

Chapter 2. Executive Summary

2.1. Market Outlook
2.2. Segmental Outlook
2.3. Competitive Landscape Snapshot

Chapter 3. Market Variables, Trends, and Scope

3.1. Market Lineage Outlook
3.2. Industry Value Chain Analysis
3.2.1. Raw Material Outlook
3.2.2. Manufacturing & Technology Trends
3.3. Market Dynamics
3.3.1. Market Driver Impact Analysis
3.3.2. Market Restraint Impact Analysis
3.3.3. Market Opportunity Impact Analysis
3.4. Industry Analysis Tools
3.4.1. Porter’s Analysis
3.4.2. PESTEL Analysis

Chapter 4. Electric Bus Market: Type Estimates & Trend Analysis

4.1. Type Movement Analysis & Market Share, 2023 & 2030
4.2. Electric Bus Market Estimates & Forecast, By Vehicle Type
4.2.1. Battery Electric Vehicle
4.2.2. Plug-in Hybrid Electric Vehicle
4.2.3. Fuel Cell Electric Vehicle

Chapter 5. Electric Bus Market: Battery Type Estimates & Trend Analysis

5.1. Battery Type Movement Analysis & Market Share, 2023 & 2030
5.2. Electric Bus Market Estimates & Forecast, By Battery Type
5.2.1. Lithium Nickel Manganese Cobalt Oxide
5.2.2. Lithium Iron Phosphate

Chapter 6. Electric Bus Market: Application Estimates & Trend Analysis

6.1. Application Movement Analysis & Market Share, 2023 & 2030
6.2. Electric Bus Market Estimates & Forecast, By Application
6.2.1. Intercity
6.2.2. Intracity

Chapter 7. Electric Bus Market: End Use Estimates & Trend Analysis

7.1. End Use Movement Analysis & Market Share, 2023 & 2030
7.2. Electric Bus Market Estimates & Forecast, By End Use
7.2.1. Public
7.2.2. Private

Chapter 8. Electric Bus Market: Regional Estimates & Trend Analysis

8.1. Electric Bus Market: Regional Outlook
8.2. North America
8.2.1. North America Electric Bus market estimates & forecasts, 2018 - 2030 (USD Million, Volume Units)
8.2.2. U.S.
8.2.2.1. U.S. Electric Bus market estimates & forecasts, 2018 - 2030 (USD Million, Volume Units)
8.2.3. Canada
8.2.3.1. Canada Electric Bus market estimates & forecasts, 2018 - 2030 (USD Million, Volume Units)
8.2.4. Mexico
8.2.4.1. Mexico Electric Bus market estimates & forecasts, 2018 - 2030 (USD Million, Volume Units)
8.3. Europe
8.3.1. Europe Electric Bus market estimates & forecasts, 2018 - 2030 (USD Million, Volume Units)
8.3.2. Germany
8.3.2.1. Germany Electric Bus market estimates & forecasts, 2018 - 2030 (USD Million, Volume Units)
8.3.3. Germany
8.3.3.1. Germany Electric Bus market estimates & forecasts, 2018 - 2030 (USD Million, Volume Units)
8.3.4. U.K.
8.3.4.1. U.K. Electric Bus market estimates & forecasts, 2018 - 2030 (USD Million, Volume Units)
8.3.5. France
8.3.5.1. France Electric Bus market estimates & forecasts, 2018 - 2030 (USD Million, Volume Units)
8.4. Asia Pacific
8.4.1. Asia Pacific Electric Bus market estimates & forecasts, 2018 - 2030 (USD Million, Volume Units)
8.4.2. China
8.4.2.1. China Electric Bus market estimates & forecasts, 2018 - 2030 (USD Million, Volume Units)
8.4.3. India
8.4.3.1. India Electric Bus market estimates & forecasts, 2018 - 2030 (USD Million, Volume Units)
8.4.4. Japan
8.4.4.1. Japan Electric Bus market estimates & forecasts, 2018 - 2030 (USD Million, Volume Units)
8.4.5. Australia
8.4.5.1. Australia Electric Bus market estimates & forecasts, 2018 - 2030 (USD Million, Volume Units)
8.4.6. South Korea
8.4.6.1. South Korea Electric Bus market estimates & forecasts, 2018 - 2030 (USD Million, Volume Units)
8.5. Latin America
8.5.1. Latin America Electric Bus market estimates & forecasts, 2018 - 2030 (USD Million, Volume Units)
8.5.2. Brazil
8.5.2.1. Brazil Electric Bus market estimates & forecasts, 2018 - 2030 (USD Million, Volume Units)
8.6. MEA
8.6.1. MEA Electric Bus market estimates & forecasts, 2018 - 2030 (USD Million, Volume Units)
8.6.2. UAE
8.6.2.1. UAE Electric Bus market estimates & forecasts, 2018 - 2030 (USD Million, Volume Units)
8.6.3. Kingdom of Saudi Arabia (KSA)
8.6.3.1. Kingdom of Saudi Arabia (KSA) Electric Bus market estimates & forecasts, 2018 - 2030 (USD Million, Volume Units)
8.6.4. South Africa
8.6.4.1. South Africa Electric Bus market estimates & forecasts, 2018 - 2030 (USD Million, Volume Units)

Chapter 9. Competitive Landscape

9.1. Company Categorization
9.2. Financial Performance
9.3. Product Benchmarking
9.4. Company Market Share Analysis, 2023
9.5. Company Heat Map Analysis
9.6. Strategy Mapping
9.6.1. Expansion
9.6.2. Collaborations
9.6.3. Mergers & Acquisitions
9.6.4. New Vehicle Type Launches
9.6.5. Partnerships
9.6.6. Others
9.7. Company List
9.7.1. BYD Company Limited
9.7.2. AB Volvo
9.7.3. Proterra
9.7.4. MAN
9.7.5. Nissan Motor Corporation
9.7.6. Ashok Leyland Limited
9.7.7. Daimler Truck AG
9.7.8. Zhengzhou Yutong Bus Co., Ltd.
9.7.9. TATA Motors Limited
9.7.10. Hyundai Motor Company

List of Tables

Table 1 Electric bus market (USD Million, Volume Units) 2018 - 2030
Table 2 Global market estimates and forecasts, by region, 2018 - 2030 (USD Million, Volume Units)
Table 3 Global market estimates and forecasts, by type, 2018 - 2030 (USD Million, Volume Units)
Table 4 Global market estimates and forecasts, by battery type, 2018 - 2030 (USD Million, Volume Units)
Table 5 Global market estimates and forecasts, by application, 2018 - 2030 (USD Million, Volume Units)
Table 6 Global market estimates and forecasts, by end use, 2018 - 2030 (USD Million, Volume Units)
Table 7 Battery Electric Vehicle market, by region, 2018 - 2030 (USD Million, Volume Units)
Table 8 Plug-in Hybrid Electric Vehicle market, by region, 2018 - 2030 (USD Million, Volume Units)
Table 9 Fuel Cell Electric Vehicle market, by region, 2018 - 2030 (USD Million, Volume Units)
Table 10 Lithium Nickel Manganese Cobalt Oxide electric bus market, by region, 2018 - 2030 (USD Million, Volume Units)
Table 11 Lithium Iron Phosphate electric bus market, by region, 2018 - 2030 (USD Million, Volume Units)
Table 12 Intercity electric bus market, by region, 2018 - 2030 (USD Million, Volume Units)
Table 13 Intracity electric bus market, by region, 2018 - 2030 (USD Million, Volume Units)
Table 14 Public electric bus market, by region, 2018 - 2030 (USD Million, Volume Units)
Table 15 Private electric bus market, by region, 2018 - 2030 (USD Million, Volume Units)
Table 16 North America electric bus market, by type, 2018 - 2030 (USD Million, Volume Units)
Table 17 North America electric bus market, by battery type, 2018 - 2030 (USD Million, Volume Units)
Table 18 North America electric bus market, by application, 2018 - 2030 (USD Million, Volume Units)
Table 19 North America electric bus market, by end use, 2018 - 2030 (USD Million, Volume Units)
Table 20 U.S. electric bus market, by type, 2018 - 2030 (USD Million, Volume Units)
Table 21 U.S. electric bus market, by battery type, 2018 - 2030 (USD Million, Volume Units)
Table 22 U.S. electric bus market, by application, 2018 - 2030 (USD Million, Volume Units)
Table 23 U.S. electric bus market, by end use, 2018 - 2030 (USD Million, Volume Units)
Table 24 Canada electric bus market, by type, 2018 - 2030 (USD Million, Volume Units)
Table 25 Canada electric bus market, by battery type, 2018 - 2030 (USD Million, Volume Units)
Table 26 Canada electric bus market, by application, 2018 - 2030 (USD Million, Volume Units)
Table 27 Canada electric bus market, by end use, 2018 - 2030 (USD Million, Volume Units)
Table 28 Mexico electric bus market, by type, 2018 - 2030 (USD Million, Volume Units)
Table 29 Mexico electric bus market, by battery type, 2018 - 2030 (USD Million, Volume Units)
Table 30 Mexico electric bus market, by application, 2018 - 2030 (USD Million, Volume Units)
Table 31 Mexico electric bus market, by end use, 2018 - 2030 (USD Million, Volume Units)
Table 32 Europe electric bus market, by type, 2018 - 2030 (USD Million, Volume Units)
Table 33 Europe electric bus market, by battery type, 2018 - 2030 (USD Million, Volume Units)
Table 34 Europe electric bus market, by application, 2018 - 2030 (USD Million, Volume Units)
Table 35 Europe electric bus market, by end use, 2018 - 2030 (USD Million, Volume Units)
Table 36 Germany electric bus market, by type, 2018 - 2030 (USD Million, Volume Units)
Table 37 Germany electric bus market, by battery type, 2018 - 2030 (USD Million, Volume Units)
Table 38 Germany electric bus market, by application, 2018 - 2030 (USD Million, Volume Units)
Table 39 Germany electric bus market, by end use, 2018 - 2030 (USD Million, Volume Units)
Table 40 U.K. electric bus market, by type, 2018 - 2030 (USD Million, Volume Units)
Table 41 U.K. electric bus market, by battery type, 2018 - 2030 (USD Million, Volume Units)
Table 42 U.K. electric bus market, by application, 2018 - 2030 (USD Million, Volume Units)
Table 43 U.K. electric bus market, by end use, 2018 - 2030 (USD Million, Volume Units)
Table 44 France electric bus market, by type, 2018 - 2030 (USD Million, Volume Units)
Table 45 France electric bus market, by battery type, 2018 - 2030 (USD Million, Volume Units)
Table 46 France electric bus market, by application, 2018 - 2030 (USD Million, Volume Units)
Table 47 France electric bus market, by end use, 2018 - 2030 (USD Million, Volume Units)
Table 48 Asia Pacific electric bus market, by type, 2018 - 2030 (USD Million, Volume Units)
Table 49 Asia Pacific electric bus market, by battery type, 2018 - 2030 (USD Million, Volume Units)
Table 50 Asia Pacific electric bus market, by application, 2018 - 2030 (USD Million, Volume Units)
Table 51 Asia Pacific electric bus market, by end use, 2018 - 2030 (USD Million, Volume Units)
Table 52 China electric bus market, by type, 2018 - 2030 (USD Million, Volume Units)
Table 53 China electric bus market, by battery type, 2018 - 2030 (USD Million, Volume Units)
Table 54 China electric bus market, by application, 2018 - 2030 (USD Million, Volume Units)
Table 55 China electric bus market, by end use, 2018 - 2030 (USD Million, Volume Units)
Table 56 India electric bus market, by type, 2018 - 2030 (USD Million, Volume Units)
Table 57 India electric bus market, by battery type, 2018 - 2030 (USD Million, Volume Units)
Table 58 India electric bus market, by application, 2018 - 2030 (USD Million, Volume Units)
Table 59 India electric bus market, by end use, 2018 - 2030 (USD Million, Volume Units)
Table 60 Japan electric bus market, by type, 2018 - 2030 (USD Million, Volume Units)
Table 61 Japan electric bus market, by battery type, 2018 - 2030 (USD Million, Volume Units)
Table 62 Japan electric bus market, by application, 2018 - 2030 (USD Million, Volume Units)
Table 63 Japan electric bus market, by end use, 2018 - 2030 (USD Million, Volume Units)
Table 64 Australia electric bus market, by type, 2018 - 2030 (USD Million, Volume Units)
Table 65 Australia electric bus market, by battery type, 2018 - 2030 (USD Million, Volume Units)
Table 66 Australia electric bus market, by application, 2018 - 2030 (USD Million, Volume Units)
Table 67 Australia electric bus market, by end use, 2018 - 2030 (USD Million, Volume Units)
Table 68 South Korea electric bus market, by type, 2018 - 2030 (USD Million, Volume Units)
Table 69 South Korea electric bus market, by battery type, 2018 - 2030 (USD Million, Volume Units)
Table 70 South Korea electric bus market, by application, 2018 - 2030 (USD Million, Volume Units)
Table 71 South Korea electric bus market, by end use, 2018 - 2030 (USD Million, Volume Units)
Table 72 Latin America electric bus market, by type, 2018 - 2030 (USD Million, Volume Units)
Table 73 Latin America electric bus market, by battery type, 2018 - 2030 (USD Million, Volume Units)
Table 74 Latin America electric bus market, by application, 2018 - 2030 (USD Million, Volume Units)
Table 75 Latin America electric bus market, by end use, 2018 - 2030 (USD Million, Volume Units)
Table 76 Brazil electric bus market, by type, 2018 - 2030 (USD Million, Volume Units)
Table 77 Brazil electric bus market, by battery type, 2018 - 2030 (USD Million, Volume Units)
Table 78 Brazil electric bus market, by application, 2018 - 2030 (USD Million, Volume Units)
Table 79 Brazil electric bus market, by end use, 2018 - 2030 (USD Million, Volume Units)
Table 80 Middle East & Africa electric bus market, by type, 2018 - 2030 (USD Million, Volume Units)
Table 81 Middle East & Africa electric bus market, by battery type, 2018 - 2030 (USD Million, Volume Units)
Table 82 Middle East & Africa electric bus market, by application, 2018 - 2030 (USD Million, Volume Units)
Table 83 Middle East & Africa electric bus market, by end use, 2018 - 2030 (USD Million, Volume Units)
Table 84 Middle East & Africa electric bus market, by application, 2018 - 2030 (USD Million, Volume Units)
Table 85 UAE electric bus market, by type, 2018 - 2030 (USD Million, Volume Units)
Table 86 UAE electric bus market, by battery type, 2018 - 2030 (USD Million, Volume Units)
Table 87 UAE electric bus market, by application, 2018 - 2030 (USD Million, Volume Units)
Table 88 UAE electric bus market, by end use, 2018 - 2030 (USD Million, Volume Units)
Table 89 Kingdom of Saudi Arabia (KSA) electric bus market, by type, 2018 - 2030 (USD Million, Volume Units)
Table 90 Kingdom of Saudi Arabia (KSA) electric bus market, by battery type, 2018 - 2030 (USD Million, Volume Units)
Table 91 Kingdom of Saudi Arabia (KSA) electric bus market, by application, 2018 - 2030 (USD Million, Volume Units)
Table 92 Kingdom of Saudi Arabia (KSA) electric bus market, by end use, 2018 - 2030 (USD Million, Volume Units)
Table 93 South Africa electric bus market, by type, 2018 - 2030 (USD Million, Volume Units)
Table 94 South Africa electric bus market, by battery type, 2018 - 2030 (USD Million, Volume Units)
Table 95 South Africa electric bus market, by application, 2018 - 2030 (USD Million, Volume Units)
Table 96 South Africa electric bus market, by end use, 2018 - 2030 (USD Million, Volume Units)
Table 97 Company Market Share, 2023
Table 98 Company Heat Map Analysis
Table 99 Key companies undergoing expansion
Table 100 Key companies undergoing collaborations
Table 101 Key companies undergoing new product launch
Table 102 Key companies undergoing mergers & acquisitions
Table 103 Key companies undergoing other strategies

List of Figures

Fig. 1 Electric Bus Market Segmentation
Fig. 2 Information Procurement
Fig. 3 Information Analysis
Fig. 4 Market Formulation & Data Visualization
Fig. 5 Data Validation & Publishing
Fig. 6 Electric Bus Market Snapshot
Fig. 7 Segment Snapshot
Fig. 8 Competitive Landscape Snapshot
Fig. 9 Electric Bus Market Value, 2023 & 2030 (USD Million, Volume Units)
Fig. 10 Electric Bus - Industry Value Chain Analysis
Fig. 11 Electric Bus Market - Market Dynamics
Fig. 12 Electric Bus Market: PORTER’s Analysis
Fig. 13 Electric Bus Market: PESTEL Analysis
Fig. 14 Electric Bus Market, by Type: Key Takeaways
Fig. 15 Electric Bus Market, by Type: Market Share, 2023 & 2030
Fig. 16 Electric Bus Market Estimates & Forecasts, by Battery Electric Vehicle, 2018 - 2030 (USD Million, Volume Units)
Fig. 17 Electric Bus Market Estimates & Forecasts, by Plug-in Hybrid Electric Vehicle, 2018 - 2030 (USD Million, Volume Units)
Fig. 18 Electric Bus Market Estimates & Forecasts, by Fuel Cell Electric Vehicle, 2018 - 2030 (USD Million, Volume Units)
Fig. 19 Electric Bus Market, by Battery Type: Key Takeaways
Fig. 20 Electric Bus Market, by Battery Type: Market Share, 2023 & 2030
Fig. 21 Electric Bus Market Estimates & Forecasts, by Lithium Nickel Manganese Cobalt Oxide, 2018 - 2030 (USD Million, Volume Units)
Fig. 22 Electric Bus Market Estimates & Forecasts, by Lithium Iron Phosphate, 2018 - 2030 (USD Million, Volume Units)
Fig. 23 Electric Bus Market, by Application: Key Takeaways
Fig. 24 Electric Bus Market, by Application: Market Share, 2023 & 2030
Fig. 25 Intercity Electric Bus Market Estimates & Forecasts, 2018 - 2030 (USD Million, Volume Units)
Fig. 26 Intracity Electric Bus Market Estimates & Forecasts, 2018 - 2030 (USD Million, Volume Units)
Fig. 27 Electric Bus Market, by End Use: Key Takeaways
Fig. 28 Electric Bus Market, by End Use: Market Share, 2023 & 2030
Fig. 29 Public Electric Bus Market Estimates & Forecasts, 2018 - 2030 (USD Million, Volume Units)
Fig. 30 Private Electric Bus Market Estimates & Forecasts, 2018 - 2030 (USD Million, Volume Units)
Fig. 31 Electric Bus Market, by Region, 2023 & 2030 (USD Million, Volume Units)
Fig. 32 Regional Marketplace: Key Takeaways
Fig. 33 Regional Marketplace: Key Takeaways
Fig. 34 North America Electric Bus Market Estimates & Forecast, 2018 - 2030 (USD Millions)
Fig. 35 U.S. Electric Bus Market Estimates & Forecast, 2018 - 2030 (USD Millions)
Fig. 36 Canada Electric Bus Market Estimates & Forecast, 2018 - 2030 (USD Millions)
Fig. 37 Mexico Electric Bus Market Estimates & Forecast, 2018 - 2030 (USD Millions)
Fig. 38 Europe Electric Bus Market Estimates & Forecast, 2018 - 2030 (USD Millions)
Fig. 39 Germany Electric Bus Market Estimates & Forecast, 2018 - 2030 (USD Millions)
Fig. 40 UK Electric Bus Market Estimates & Forecast, 2018 - 2030 (USD Millions)
Fig. 41 France Electric Bus Market Estimates & Forecast, 2018 - 2030 (USD Millions)
Fig. 42 Asia Pacific Electric Bus Market Estimates & Forecast, 2018 - 2030 (USD Millions)
Fig. 43 China Electric Bus Market Estimates & Forecast, 2018 - 2030 (USD Millions)
Fig. 44 India Electric Bus Market Estimates & Forecast, 2018 - 2030 (USD Millions)
Fig. 45 Japan Electric Bus Market Estimates & Forecast, 2018 - 2030 (USD Millions)
Fig. 46 Australia Electric Bus Market Estimates & Forecast, 2018 - 2030 (USD Millions)
Fig. 47 South Korea Electric Bus Market Estimates & Forecast, 2018 - 2030 (USD Millions)
Fig. 48 Latin America Electric Bus Market Estimates & Forecast, 2018 - 2030 (USD Millions)
Fig. 49 Brazil Electric Bus Market Estimates & Forecast, 2018 - 2030 (USD Millions)
Fig. 50 MEA Electric Bus Market Estimates & Forecast, 2018 - 2030 (USD Millions)
Fig. 51 U.A.E. Electric Bus Market Estimates & Forecast, 2018 - 2030 (USD Millions)
Fig. 52 Kingdom of Saudi Arabia Electric Bus Market Estimates & Forecast, 2018 - 2030 (USD Millions)
Fig. 53 South Africa Electric Bus Market Estimates & Forecast, 2018 - 2030 (USD Millions)
Fig. 54 Company Market Share Analysis, 2023
Fig. 55 Strategic Framework

Companies Mentioned

BYD Company Limited
AB Volvo
Proterra
MAN
Nissan Motor Corporation
Ashok Leyland Limited
Daimler Truck AG
Zhengzhou Yutong Bus Co., Ltd.
TATA Motors Limited
Hyundai Motor Company

Methodology

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Table Information

Report Attribute	Details
No. of Pages	120
Published	July 2024
Forecast Period	2023 - 2030
Estimated Market Value ( USD ) in 2023	$ 49.81 Billion
Forecasted Market Value ( USD ) by 2030	$ 110.44 Billion
Compound Annual Growth Rate	12.1%
Regions Covered	Global
No. of Companies Mentioned	10

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Electric Bus Market Report Highlights

Table of Contents

Companies Mentioned

Methodology

Table Information

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