Global New Energy Passenger Bus Market Growth 2024-2030

Global New Energy Passenger Bus Market Growth 2024-2030

A New Energy Bus (NEB) is a bus that runs on “new energy” sources, such as electricity, hydrogen, or biofuels, instead of conventional fossil fuels. NEBs are considered to be more environmentally friendly and energy-efficient than traditional buses, as they produce zero or low emissions and reduce noise pollution. NEBs are also supported by various policies and incentives from governments and organizations to promote the development of green transportation.

The global New Energy Passenger Bus market size is projected to grow from US$ million in 2023 to US$ million in 2030; it is expected to grow at a CAGR of % from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “New Energy Passenger Bus Industry Forecast” looks at past sales and reviews total world New Energy Passenger Bus sales in 2023, providing a comprehensive analysis by region and market sector of projected New Energy Passenger Bus sales for 2024 through 2030. With New Energy Passenger Bus sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world New Energy Passenger Bus industry.

This Insight Report provides a comprehensive analysis of the global New Energy Passenger Bus landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on New Energy Passenger Bus portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global New Energy Passenger Bus market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for New Energy Passenger Bus and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global New Energy Passenger Bus.

United States market for New Energy Passenger Bus is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for New Energy Passenger Bus is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for New Energy Passenger Bus is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key New Energy Passenger Bus players cover BYD–Alexander Dennis, Wrightbus, Yutong, Volvo and Van Hool, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.

This report presents a comprehensive overview, market shares, and growth opportunities of New Energy Passenger Bus market by product type, application, key manufacturers and key regions and countries.

Segmentation by type
Pure Electric Bus
Hybrid Bus

Segmentation by application
For Municipal Use
For Commercial Use

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
BYD–Alexander Dennis
Wrightbus
Yutong
Volvo
Van Hool
Solaris
Hyundai
Caetano
Safra
King Long
Zhong Tong
Foton

Key Questions Addressed in this Report

What is the 10-year outlook for the global New Energy Passenger Bus market?

What factors are driving New Energy Passenger Bus market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do New Energy Passenger Bus market opportunities vary by end market size?

How does New Energy Passenger Bus break out type, application?

Please note: The report will take approximately 2 business days to prepare and deliver.