Electric Mid- and Large (9-14m) Bus Market Report 2026

The electric mid- and large (9-14m) bus market size has grown rapidly in recent years. It will grow from $10.15 billion in 2025 to $11.6 billion in 2026 at a compound annual growth rate (CAGR) of 14.3%. The growth in the historic period can be attributed to public transport modernization, urban air quality initiatives, diesel bus replacement programs, government subsidies, growth of mass transit systems.

The electric mid- and large (9-14m) bus market size is expected to see rapid growth in the next few years. It will grow to $19.12 billion in 2030 at a compound annual growth rate (CAGR) of 13.3%. The growth in the forecast period can be attributed to zero-emission transport mandates, battery technology advancements, smart city investments, autonomous transit development, charging infrastructure expansion. Major trends in the forecast period include growth of electric city bus deployments, adoption of fast-charging bus systems, expansion of public transport electrification, integration of autonomous bus features, demand for long-range battery buses.

The increasing demand for public transportation is expected to propel the growth of the electric mid- and large (9-14m) bus market going forward. Public transportation, also known as public transit or mass transit, refers to various modes of transportation available to the public that operate on set routes and schedules. The increasing demand for public transport is driven by demographic trends, environmental imperatives, economic considerations, technological advancements, and changes in societal attitudes. Mid- and large-sized buses (9-14 meters) play a crucial role in enhancing public transportation systems’ capacity, efficiency, and sustainability. Their ability to transport large numbers of passengers, coupled with the benefits of modern electric bus technology, makes them indispensable in meeting the growing demand for public transport in urban and suburban areas. For instance, in September 2023, according to the World Resources Institute, a US-based non-profit organization, the collective count of electric school buses reached 5,982 in June 2023, marking a notable increase of over 3,200 buses compared to June 2022. Therefore, increasing demand for public transportation is driving the growth of the electric mid- and large (9-14m) bus market.

Leading companies in this market are focused on innovating products such as hydrogen-powered fuel cell electric vehicles (FCEVs) to provide zero-emission alternatives to battery-electric buses. FCEVs utilize hydrogen as fuel, converting it into electricity through a chemical reaction in the fuel cell. For instance, Iveco Group N.V. and Hyundai Motor Company launched the IVECO BUS E-WAY H2 in October 2023, a 12-meter hydrogen-powered fuel cell low-floor city bus. This bus features a hybrid-mid power concept that optimizes charging for the onboard battery pack and fuel cell system, maximizing efficiency and durability. Equipped with a 310-kW electric motor, advanced fuel cell technology, and four hydrogen tanks holding 7.8 kg of hydrogen, along with a 69 kWh battery pack, the E-WAY H2 achieves a range of 450 km under typical operating conditions.

In July 2023, Südwestdeutsche Landesverkehrs GmbH, a German public transport company, purchased 25 electric buses from Ebusco to enhance its sustainable mobility efforts. These 12-meter Ebusco 2.2 model buses will be deployed in the Baden-Württemberg region, expected to cover approximately 60,000 km annually. Ebusco, based in the Netherlands, specializes in manufacturing electric buses, contributing to the advancement of eco-friendly transit solutions.

Major companies operating in the electric mid- and large (9-14m) bus market report include BYD Company Ltd., Zhengzhou Yutong Bus Co., Ltd., CRRC Corporation Limited, Volvo Group, Daimler Truck AG, Tata Motors Limited, NFI Group, Proterra Inc., Lion Electric Co., Anhui Ankai Automobile Co., Ltd., King Long United Automotive Industry Co., Ltd., Zhongtong Bus Co., Ltd., Xiamen Golden Dragon Bus Co., Ltd., Ebusco B.V., GreenPower Motor Company Inc., JBM Auto Limited, Olectra Greentech Ltd., Wuzhoulong Motor Co., Ltd., Iveco Group, Eicher Motors Limited, Bluebus, TEMSA.

North America was the largest region in the electric mid- and large (9-14M) bus market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the electric mid- and large (9-14m) bus market report include Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the electric mid- and large (9-14m) bus market report include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The electric mid-and large (9-14m) buses market also consists of sales of battery electric buses, plug-in hybrid electric buses, fuel cell electric buses, and trolleybuses. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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