Global Electric Bus Market Size, Manufacturers, Opportunities and Forecast to 2030

Global Electric Bus Market Size, Manufacturers, Opportunities and Forecast to 2030


Summary

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 APO Research, The global Electric Bus market was estimated at US$ million in 2023 and is projected to reach a revised size of US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.
North American market for Electric Bus is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.
Asia-Pacific market for Electric Bus is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.
Europe market for Electric Bus is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.
The major global manufacturers of Electric Bus include Yutong, DFAC, BYD, King Long, Zhong Tong, Foton, ANKAI, Guangtong and Nanjing Gold Dragon, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Electric Bus, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Electric Bus.
The Electric Bus market size, estimations, and forecasts are provided in terms of sales volume (Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Electric Bus market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:

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
Electric Bus segment by Type

Battery Electric Bus
Plug-in Hybrid Electric Bus
Fuel Cell Electric Bus
Electric Bus segment by Application

Transit Bus
Travel Bus
Others
Electric Bus Segment by Region

North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Electric Bus market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Electric Bus and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Electric Bus.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Electric Bus manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of Electric Bus in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights of the report.


1 Market Overview
1.1 Product Definition
1.2 Global Market Growth Prospects
1.2.1 Global Electric Bus Market Size Estimates and Forecasts (2019-2030)
1.2.2 Global Electric Bus Sales Estimates and Forecasts (2019-2030)
1.3 Electric Bus Market by Type
1.3.1 Battery Electric Bus
1.3.2 Plug-in Hybrid Electric Bus
1.3.3 Fuel Cell Electric Bus
1.4 Global Electric Bus Market Size by Type
1.4.1 Global Electric Bus Market Size Overview by Type (2019-2030)
1.4.2 Global Electric Bus Historic Market Size Review by Type (2019-2024)
1.4.3 Global Electric Bus Forecasted Market Size by Type (2025-2030)
1.5 Key Regions Market Size by Type
1.5.1 North America Electric Bus Sales Breakdown by Type (2019-2024)
1.5.2 Europe Electric Bus Sales Breakdown by Type (2019-2024)
1.5.3 Asia-Pacific Electric Bus Sales Breakdown by Type (2019-2024)
1.5.4 Latin America Electric Bus Sales Breakdown by Type (2019-2024)
1.5.5 Middle East and Africa Electric Bus Sales Breakdown by Type (2019-2024)
2 Global Market Dynamics
2.1 Electric Bus Industry Trends
2.2 Electric Bus Industry Drivers
2.3 Electric Bus Industry Opportunities and Challenges
2.4 Electric Bus Industry Restraints
3 Market Competitive Landscape by Company
3.1 Global Top Players by Electric Bus Revenue (2019-2024)
3.2 Global Top Players by Electric Bus Sales (2019-2024)
3.3 Global Top Players by Electric Bus Price (2019-2024)
3.4 Global Electric Bus Industry Company Ranking, 2022 VS 2023 VS 2024
3.5 Global Electric Bus Key Company Manufacturing Sites & Headquarters
3.6 Global Electric Bus Company, Product Type & Application
3.7 Global Electric Bus Company Commercialization Time
3.8 Market Competitive Analysis
3.8.1 Global Electric Bus Market CR5 and HHI
3.8.2 Global Top 5 and 10 Electric Bus Players Market Share by Revenue in 2023
3.8.3 2023 Electric Bus Tier 1, Tier 2, and Tier 3
4 Electric Bus Regional Status and Outlook
4.1 Global Electric Bus Market Size and CAGR by Region: 2019 VS 2023 VS 2030
4.2 Global Electric Bus Historic Market Size by Region
4.2.1 Global Electric Bus Sales in Volume by Region (2019-2024)
4.2.2 Global Electric Bus Sales in Value by Region (2019-2024)
4.2.3 Global Electric Bus Sales (Volume & Value), Price and Gross Margin (2019-2024)
4.3 Global Electric Bus Forecasted Market Size by Region
4.3.1 Global Electric Bus Sales in Volume by Region (2025-2030)
4.3.2 Global Electric Bus Sales in Value by Region (2025-2030)
4.3.3 Global Electric Bus Sales (Volume & Value), Price and Gross Margin (2025-2030)
5 Electric Bus by Application
5.1 Electric Bus Market by Application
5.1.1 Transit Bus
5.1.2 Travel Bus
5.1.3 Others
5.2 Global Electric Bus Market Size by Application
5.2.1 Global Electric Bus Market Size Overview by Application (2019-2030)
5.2.2 Global Electric Bus Historic Market Size Review by Application (2019-2024)
5.2.3 Global Electric Bus Forecasted Market Size by Application (2025-2030)
5.3 Key Regions Market Size by Application
5.3.1 North America Electric Bus Sales Breakdown by Application (2019-2024)
5.3.2 Europe Electric Bus Sales Breakdown by Application (2019-2024)
5.3.3 Asia-Pacific Electric Bus Sales Breakdown by Application (2019-2024)
5.3.4 Latin America Electric Bus Sales Breakdown by Application (2019-2024)
5.3.5 Middle East and Africa Electric Bus Sales Breakdown by Application (2019-2024)
6 Company Profiles
6.1 Yutong
6.1.1 Yutong Comapny Information
6.1.2 Yutong Business Overview
6.1.3 Yutong Electric Bus Sales, Revenue and Gross Margin (2019-2024)
6.1.4 Yutong Electric Bus Product Portfolio
6.1.5 Yutong Recent Developments
6.2 DFAC
6.2.1 DFAC Comapny Information
6.2.2 DFAC Business Overview
6.2.3 DFAC Electric Bus Sales, Revenue and Gross Margin (2019-2024)
6.2.4 DFAC Electric Bus Product Portfolio
6.2.5 DFAC Recent Developments
6.3 BYD
6.3.1 BYD Comapny Information
6.3.2 BYD Business Overview
6.3.3 BYD Electric Bus Sales, Revenue and Gross Margin (2019-2024)
6.3.4 BYD Electric Bus Product Portfolio
6.3.5 BYD Recent Developments
6.4 King Long
6.4.1 King Long Comapny Information
6.4.2 King Long Business Overview
6.4.3 King Long Electric Bus Sales, Revenue and Gross Margin (2019-2024)
6.4.4 King Long Electric Bus Product Portfolio
6.4.5 King Long Recent Developments
6.5 Zhong Tong
6.5.1 Zhong Tong Comapny Information
6.5.2 Zhong Tong Business Overview
6.5.3 Zhong Tong Electric Bus Sales, Revenue and Gross Margin (2019-2024)
6.5.4 Zhong Tong Electric Bus Product Portfolio
6.5.5 Zhong Tong Recent Developments
6.6 Foton
6.6.1 Foton Comapny Information
6.6.2 Foton Business Overview
6.6.3 Foton Electric Bus Sales, Revenue and Gross Margin (2019-2024)
6.6.4 Foton Electric Bus Product Portfolio
6.6.5 Foton Recent Developments
6.7 ANKAI
6.7.1 ANKAI Comapny Information
6.7.2 ANKAI Business Overview
6.7.3 ANKAI Electric Bus Sales, Revenue and Gross Margin (2019-2024)
6.7.4 ANKAI Electric Bus Product Portfolio
6.7.5 ANKAI Recent Developments
6.8 Guangtong
6.8.1 Guangtong Comapny Information
6.8.2 Guangtong Business Overview
6.8.3 Guangtong Electric Bus Sales, Revenue and Gross Margin (2019-2024)
6.8.4 Guangtong Electric Bus Product Portfolio
6.8.5 Guangtong Recent Developments
6.9 Nanjing Gold Dragon
6.9.1 Nanjing Gold Dragon Comapny Information
6.9.2 Nanjing Gold Dragon Business Overview
6.9.3 Nanjing Gold Dragon Electric Bus Sales, Revenue and Gross Margin (2019-2024)
6.9.4 Nanjing Gold Dragon Electric Bus Product Portfolio
6.9.5 Nanjing Gold Dragon Recent Developments
6.10 Volvo
6.10.1 Volvo Comapny Information
6.10.2 Volvo Business Overview
6.10.3 Volvo Electric Bus Sales, Revenue and Gross Margin (2019-2024)
6.10.4 Volvo Electric Bus Product Portfolio
6.10.5 Volvo Recent Developments
6.11 New Flyer
6.11.1 New Flyer Comapny Information
6.11.2 New Flyer Business Overview
6.11.3 New Flyer Electric Bus Sales, Revenue and Gross Margin (2019-2024)
6.11.4 New Flyer Electric Bus Product Portfolio
6.11.5 New Flyer Recent Developments
6.12 Daimler
6.12.1 Daimler Comapny Information
6.12.2 Daimler Business Overview
6.12.3 Daimler Electric Bus Sales, Revenue and Gross Margin (2019-2024)
6.12.4 Daimler Electric Bus Product Portfolio
6.12.5 Daimler Recent Developments
6.13 Gillig
6.13.1 Gillig Comapny Information
6.13.2 Gillig Business Overview
6.13.3 Gillig Electric Bus Sales, Revenue and Gross Margin (2019-2024)
6.13.4 Gillig Electric Bus Product Portfolio
6.13.5 Gillig Recent Developments
6.14 CRRC Electric Vehicle
6.14.1 CRRC Electric Vehicle Comapny Information
6.14.2 CRRC Electric Vehicle Business Overview
6.14.3 CRRC Electric Vehicle Electric Bus Sales, Revenue and Gross Margin (2019-2024)
6.14.4 CRRC Electric Vehicle Electric Bus Product Portfolio
6.14.5 CRRC Electric Vehicle Recent Developments
6.15 Higer Bus
6.15.1 Higer Bus Comapny Information
6.15.2 Higer Bus Business Overview
6.15.3 Higer Bus Electric Bus Sales, Revenue and Gross Margin (2019-2024)
6.15.4 Higer Bus Electric Bus Product Portfolio
6.15.5 Higer Bus Recent Developments
6.16 King Long Motor Group
6.16.1 King Long Motor Group Comapny Information
6.16.2 King Long Motor Group Business Overview
6.16.3 King Long Motor Group Electric Bus Sales, Revenue and Gross Margin (2019-2024)
6.16.4 King Long Motor Group Electric Bus Product Portfolio
6.16.5 King Long Motor Group Recent Developments
6.17 Proterra
6.17.1 Proterra Comapny Information
6.17.2 Proterra Business Overview
6.17.3 Proterra Electric Bus Sales, Revenue and Gross Margin (2019-2024)
6.17.4 Proterra Electric Bus Product Portfolio
6.17.5 Proterra Recent Developments
6.18 VDL Bus & Coach
6.18.1 VDL Bus & Coach Comapny Information
6.18.2 VDL Bus & Coach Business Overview
6.18.3 VDL Bus & Coach Electric Bus Sales, Revenue and Gross Margin (2019-2024)
6.18.4 VDL Bus & Coach Electric Bus Product Portfolio
6.18.5 VDL Bus & Coach Recent Developments
6.19 Solaris Bus & Coach
6.19.1 Solaris Bus & Coach Comapny Information
6.19.2 Solaris Bus & Coach Business Overview
6.19.3 Solaris Bus & Coach Electric Bus Sales, Revenue and Gross Margin (2019-2024)
6.19.4 Solaris Bus & Coach Electric Bus Product Portfolio
6.19.5 Solaris Bus & Coach Recent Developments
6.20 EBUSCO
6.20.1 EBUSCO Comapny Information
6.20.2 EBUSCO Business Overview
6.20.3 EBUSCO Electric Bus Sales, Revenue and Gross Margin (2019-2024)
6.20.4 EBUSCO Electric Bus Product Portfolio
6.20.5 EBUSCO Recent Developments
7 North America by Country
7.1 North America Electric Bus Sales by Country
7.1.1 North America Electric Bus Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
7.1.2 North America Electric Bus Sales by Country (2019-2024)
7.1.3 North America Electric Bus Sales Forecast by Country (2025-2030)
7.2 North America Electric Bus Market Size by Country
7.2.1 North America Electric Bus Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
7.2.2 North America Electric Bus Market Size by Country (2019-2024)
7.2.3 North America Electric Bus Market Size Forecast by Country (2025-2030)
8 Europe by Country
8.1 Europe Electric Bus Sales by Country
8.1.1 Europe Electric Bus Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
8.1.2 Europe Electric Bus Sales by Country (2019-2024)
8.1.3 Europe Electric Bus Sales Forecast by Country (2025-2030)
8.2 Europe Electric Bus Market Size by Country
8.2.1 Europe Electric Bus Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
8.2.2 Europe Electric Bus Market Size by Country (2019-2024)
8.2.3 Europe Electric Bus Market Size Forecast by Country (2025-2030)
9 Asia-Pacific by Country
9.1 Asia-Pacific Electric Bus Sales by Country
9.1.1 Asia-Pacific Electric Bus Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
9.1.2 Asia-Pacific Electric Bus Sales by Country (2019-2024)
9.1.3 Asia-Pacific Electric Bus Sales Forecast by Country (2025-2030)
9.2 Asia-Pacific Electric Bus Market Size by Country
9.2.1 Asia-Pacific Electric Bus Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
9.2.2 Asia-Pacific Electric Bus Market Size by Country (2019-2024)
9.2.3 Asia-Pacific Electric Bus Market Size Forecast by Country (2025-2030)
10 Latin America by Country
10.1 Latin America Electric Bus Sales by Country
10.1.1 Latin America Electric Bus Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
10.1.2 Latin America Electric Bus Sales by Country (2019-2024)
10.1.3 Latin America Electric Bus Sales Forecast by Country (2025-2030)
10.2 Latin America Electric Bus Market Size by Country
10.2.1 Latin America Electric Bus Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
10.2.2 Latin America Electric Bus Market Size by Country (2019-2024)
10.2.3 Latin America Electric Bus Market Size Forecast by Country (2025-2030)
11 Middle East and Africa by Country
11.1 Middle East and Africa Electric Bus Sales by Country
11.1.1 Middle East and Africa Electric Bus Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
11.1.2 Middle East and Africa Electric Bus Sales by Country (2019-2024)
11.1.3 Middle East and Africa Electric Bus Sales Forecast by Country (2025-2030)
11.2 Middle East and Africa Electric Bus Market Size by Country
11.2.1 Middle East and Africa Electric Bus Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
11.2.2 Middle East and Africa Electric Bus Market Size by Country (2019-2024)
11.2.3 Middle East and Africa Electric Bus Market Size Forecast by Country (2025-2030)
12 Value Chain and Sales Channels Analysis
12.1 Electric Bus Value Chain Analysis
12.1.1 Electric Bus Key Raw Materials
12.1.2 Key Raw Materials Price
12.1.3 Raw Materials Key Suppliers
12.1.4 Manufacturing Cost Structure
12.1.5 Electric Bus Production Mode & Process
12.2 Electric Bus Sales Channels Analysis
12.2.1 Direct Comparison with Distribution Share
12.2.2 Electric Bus Distributors
12.2.3 Electric Bus Customers
13 Concluding Insights
14 Appendix
14.1 Reasons for Doing This Study
14.2 Research Methodology
14.3 Research Process
14.4 Authors List of This Report
14.5 Data Source
14.5.1 Secondary Sources
14.5.2 Primary Sources
14.6 Disclaimer

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