Global Hydrogen and Electric Bus Market Growth 2024-2030
Hydrogen and electric buses represent two prominent technologies in the transition to cleaner public transportation systems. Both aim to reduce greenhouse gas emissions and reliance on fossil fuels, but they differ significantly in terms of technology, infrastructure requirements, and environmental impact.
The global Hydrogen and Electric Bus market size is projected to grow from US$ 8742 million in 2024 to US$ 24440 million in 2030; it is expected to grow at a CAGR of 18.7% from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “Hydrogen and Electric Bus Industry Forecast” looks at past sales and reviews total world Hydrogen and Electric Bus sales in 2023, providing a comprehensive analysis by region and market sector of projected Hydrogen and Electric Bus sales for 2024 through 2030. With Hydrogen and Electric Bus sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Hydrogen and Electric Bus industry.
This Insight Report provides a comprehensive analysis of the global Hydrogen and Electric 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 Hydrogen and Electric Bus portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Hydrogen and Electric Bus market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Hydrogen and Electric 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 Hydrogen and Electric Bus.
United States market for Hydrogen and Electric 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 Hydrogen and Electric 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 Hydrogen and Electric 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 Hydrogen and Electric Bus players cover Yutong Bus, BYD, King Long Motor Group, New Flyer, CRRC Electric Vehicle, 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 Hydrogen and Electric Bus market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Battery Electric Bus
Plug-in Hybrid Electric Bus
Fuel Cell Electric Bus
Segmentation by Application:
Commuting
Tourism
Others
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 analysing the company's coverage, product portfolio, its market penetration.
Yutong Bus
BYD
King Long Motor Group
New Flyer
CRRC Electric Vehicle
Foton AUV
Solaris Bus & Coach
MAN
Farzion Auto
Zhongtong Bus
Volvo
Mercedes-Benz Group
Sunwin Bus
Skywell
Iveco Bus
Ankai Automobile
EBUSCO
VDL Bus & Coach
Key Questions Addressed in this Report
What is the 10-year outlook for the global Hydrogen and Electric Bus market?
What factors are driving Hydrogen and Electric Bus market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Hydrogen and Electric Bus market opportunities vary by end market size?
How does Hydrogen and Electric Bus break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.