Electric Bus Market - Global Forecast to 2032
商品番号 : SMB-12687
| 出版社 | MarketsandMarkets |
| 出版年月 | 2025年9月 |
| ページ数 | 430 |
| 図表数 | 557 |
| 価格タイプ | シングルユーザライセンス |
| 価格 | USD 4,950 |
| 種別 | 英文調査報告書 |
電気バス市場は2025年に238億米ドル規模となり、年平均成長率（CAGR）14.0%で成長し、2032年には596億米ドルに達するとMarketsandMarketsでは予測しています。
MarketsandMarkets（マーケッツアンドマーケッツ）「電気バス市場 – 推進力（BEV、FCEV）、バッテリー（LFP、NMC、NCA）、全長（9m未満、9～14m、14m超）、バッテリー容量（400kWh以上、400kWh超）、用途、座席数、航続距離、出力、自律性レベル、コンポーネント、消費者、地域別 – 2032年までの世界予測 – Electric Bus Market by Propulsion (BEV, FCEV), Battery (LFP, NMC, NCA), Length (<9, 9-14, >14m), Battery Capacity (=400 & >400kWh), Application, Seating Capacity, Range, Power Output, Autonomy Level, Component, Consumer and Region – Global Forecast to 2032」は世界の電気バス市場を調査し、主要セグメント別に分析・予測を行っています。
この調査では、電気バス市場をセグメント化し、推進力（BEV、FCEV）、航続距離（最大300マイル、300マイル以上）、バスの長さ（9メートル未満、9〜14メートル、14メートル以上）、消費者（個人、政府）、用途（路線バス、コーチ、スクールバスなど）、バッテリー容量（最大400 kWh、400 kWh以上）、コンポーネント（モーター、バッテリー、燃料電池スタック、バッテリー管理システム、バッテリー冷却システム、DC-DCコンバータ、インバータ、AC/DC充電器、EVコネクタ）、自律性のレベル（半自律、自律）、出力（最大250 kW、250 kW以上）、座席数（最大40席、40〜70席、70席以上）、GVW（最大10トン、10〜20トン以上）に基づいて市場規模を予測しています。電気バス市場（20トン）および地域（アジア太平洋、北米、中東・アフリカ（MEA）、欧州、ラテンアメリカ）における新興スタートアップ企業／中小企業の競争力分析を網羅しています。
本レポートは、電気バス市場全体および各サブセグメントの収益数値の近似値に関する情報を提供し、市場リーダー企業および新規参入企業にとって役立ちます。包括的な市場シェア分析、サプライチェーン分析、部品メーカーの詳細なリストと分析、材料に基づく各章のセグメンテーション、徹底的なサプライチェーン分析、そして競合状況が含まれています。また、ステークホルダーが市場の動向を把握し、主要な市場牽引要因、制約要因、課題、そして機会に関する情報を提供するのにも役立ちます。
世界の電気バス市場は、政府の支援と大幅な技術進歩に牽引され、着実な成長を遂げています。バッテリーのエネルギー密度と充電速度の向上は、航続距離不安などの懸念を解消し、電気バスの運行性能をディーゼル車に匹敵させることを可能にします。高度なバッテリー管理システムの開発とLFPバッテリーケミストリーの採用は、安全性、寿命、効率性を向上させます。さらに、車両ライフサイクル全体を通じて燃料費とメンテナンス費が低いため、総所有コスト（TCO）は電気バスの需要を促進する重要な要因の一つです。
主な掲載内容
- 市場概観
- 市場ダイナミクス
- 市場成長促進要因
- 市場成長阻害要因
- 機会
- 課題
- 市場ダイナミクス
- 業界動向
- AI／生成AIが電気バス市場の影響
- 貿易分析
- エコシステム分析
- サプライチェーン分析
- 総保有コスト：ディーゼルバスと電気バスの比較
- 価格分析
- 特許分析
- 法規制環境
- 北米
- 欧州
- アジア太平洋地域
- ラテンアメリカ
- 中東＆アフリカ
- 地域別規制機関、政府機関、その他団体
- ケーススタディ分析
- 顧客のビジネスに影響を与える動向／ディスラプション
- 部品表分析
- 主要会議＆イベント 2025-2026年
- 主要ステークホルダーと購入基準
- サプライヤ分析
- 投資＆資金調達シナリオ
- OEM（完成車メーカー）分析
- 電気バスと内燃機関バスモデル：全長と座席数比較
- 電気バスモデル：前兆と座席数比較
- バッテリー容量と走行距離とPAXの比較
- OEM別電気バス売上 2021-2025年
- OEMおよび地域別電気バス用駆動モーターサプライヤ
- OEMおよび地域別電気バス用バッテリーセルサプライヤ
- 電気バス：OEMでの搭載バッテリー容量 2021-2025年
- 技術分析
- 技術分析
- 主要技術
- 関連技術
- 補完技術
- 電気バス市場：バスの全長
- 6メートル未満
- 9-14メートル
- 14メートル超
- 電気バス市場：バッテリータイプ
- NMCバッテリー
- LFPバッテリー
- NCAバッテリー
- その他のバッテリー
- 電気バス市場：バッテリー容量
- 400KWh以下
- 400KWh以上
- 電気バス市場：出力
- 250キロワット以下
- 250キロワット以上
- 電気バス市場：距離
- 300マイル以下
- 300マイル以上
- 電気バス市場：座席数
- 40席以下
- 40-70席
- 70席以上
- 電気バス市場：用途
- 市内／輸送バス
- コーチ（長距離バス）
- スクールバス
- その他の用途
- 電気バス市場：消費者
- 個人
- 政府
- 電気バス市場：自動車総荷重
- 10トン以下
- 10-20トン
- 20トン以上
- 電気バス市場：推進力
- 電池式電気バス
- 燃料電池式電気バス
- 電気バス市場：コンポーネント
- モーター
- バッテリー
- 燃料電池スタック
- バッテリー管理システム
- バッテリー冷却システム
- DC-DCコンバータ
- インバーター
- AC-DCチャージャー
- EVコネクタ
- 電気バス市場：自動走行レベル
- 準自動運転
- 自動
- 電気バス市場：地域
- アジア太平洋地域
- 中国
- 日本
- インド
- 韓国
- シンガポール
- インドネシア
- オーストラリア
- 欧州
- フランス
- ドイツ
- スペイン
- イタリア
- ノルウェー
- スウェーデン
- デンマーク
- オランダ
- ベルギー
- 英国
- フィンランド
- ポーランド
- 北米
- 米国
- カナダ
- ラテンアメリカ
- アルゼンチン
- ブラジル
- チリ
- メキシコ
- コロンビア
- 中東＆アフリカ
- 南アフリカ
- アラブ首長国連邦（UAE）
- カタール
- アジア太平洋地域
- 競合勢力図
- 主要プレイヤの戦略／勝つ権利
- 電気バス市場シェア分析 2024年
- 収益分析
- 企業評価マトリクス：主要プレイヤ 2024年
- 企業評価マトリクス：スタートアップ／中小企業 2024年
- 企業情報
- MarketsandMarketsの提言
- 付録
Report Overview
The electric bus market is projected to grow from USD 23.80 billion in 2025 to USD 59.60 billion by 2032, at a CAGR of 14.0%. The global electric bus market is experiencing consistent growth, driven by government support and significant technological advancements. Improvements in battery energy density and charging speeds address concerns like range anxiety and allow electric buses to match the operational performance of diesel fleets. Developing advanced battery management systems and adopting LFP battery chemistry enhances safety, longevity, and efficiency. Additionally, the total cost of ownership (TCO) is one of the critical factors driving the demand for electric buses as they have lower fuel and maintenance costs over the vehicle’s lifecycle.
“The government sector is estimated to generate the largest demand for electric buses in 2025.”
Electric buses are poised to have significant applications in the government sector, primarily through public transit fleets, due to large-scale subsidies and mandates that enable widespread deployment for urban and intercity routes. National and city-level governments actively push local transport authorities to procure electric buses through subsidies, binding regulations, and fleet replacement mandates. For instance, China’s government has subsidized electric bus fleets in Shenzhen, resulting in over 16,000 public e-buses operated by municipal companies like Shenzhen Bus Group. In India, the FAME-II scheme provides ₹20-40 lakh subsidies per e-bus for state transport undertakings, leading to 7,120 public e-buses procured for municipal fleets like BEST in Mumbai, targeting 50,000 e-buses nationwide by 2027. The US Federal Transit Administration’s USD 1.7 billion allocation under the Bipartisan Infrastructure Law has funded over 1,300 zero-emission public transit buses, as seen in Beaverton School District’s 28 e-school buses, covering 70% of Oregon’s public-school electric bus fleet. In Europe, the EU’s Clean Bus Deployment Initiative has driven 7,779 e-bus registrations in 2024 for public operators like Hochbahn in Hamburg, with subsidies for zero-emission fleets achieving 100% electrification targets by 2030.
In contrast, private sector applications, such as corporate shuttles or delivery fleets, remain niche but lag due to higher upfront costs without equivalent government support. Private companies in the Netherlands operate public buses under government contracts; the scale and funding favor government-led initiatives, with private adoption limited to specialized uses like airport shuttles, where e-buses save USD 125,000 in maintenance over diesel counterparts but require custom infrastructure.
“The fuel cell electric bus market is projected to witness a positive growth rate during the forecast period.”
Fuel-cell electric buses (FCEVs) are gaining attention as a counterpart to battery electric buses (BEVs), especially for longer routes and regions with limited charging infrastructure. According to an electric bus magazine, in Europe, registrations of FCEV buses increased from 207 in 2023 to 378 in 2024, an 82% jump, yet they still represent only about 4.6% of zero-emission buses.
Major supply contracts related to FCEV buses include the public transport company (TPER) in Bologna, Italy, placing an order for 130 Solaris Urbino 12 hydrogen buses in late 2023, with deliveries planned from 2026. In the UK, Liverpool city introduced 20 Alexander Dennis Enviro400FCEVs in 2023, while Wrightbus (UK) delivered its Hydroliner FCEV double-decker buses to Cologne in 2024. In Asia, Hyundai’s Elec City FCEV has been commercially available since 2019 and has surpassed 1,000-unit sales in South Korea by September 2024. In India, the first hydrogen fuel-cell bus entered service in Ladakh in early 2025, marking an important milestone in challenging terrain.
The benefits of fuel cell buses compared to BEVs lie in their fast-refueling times and extended driving range, which make them better suited for intercity and regional services. However, FCEVs are less energy efficient, converting only 60 to 70% of energy compared to 85 to 90% for BEVs. These buses are also twice to three times as expensive as BEV buses. A 2023 study in Bolzano, Italy, found that the running costs of FCEBs were more than twice those of battery buses, primarily due to hydrogen production, distribution, and fueling infrastructure costs. This cost gap explains why only governments and public transport agencies opt for FCEVs rather than private operators.
“North America is projected to be one of the major electric bus markets.”
North America, particularly the US and Canada, is emerging as one of the most important markets for electric buses during the forecast period. In the US, the electric school bus segment is leading the transition from diesel to electric buses. This is backed by the EPA’s Clean School Bus Program, which is providing USD 5 billion in funding till 2026 to support the replacement of diesel school buses with electric alternatives. By late 2024, the EPA had awarded grants for nearly 12,000 electric school buses across 1,000 school districts, making it the region’s most significant single driver of demand. Transit agencies are also improving adoption, supported by the Federal Transit Administration’s Low-No Emission Vehicle Program (Low-No Program), which allocated USD 1.7 billion in 2023 and is expected to continue distributing funds through 2025 for zero-emission transit buses and charging infrastructure.
Canada is following a similar path, with the Zero Emission Transit Fund (ZETF) providing USD 2 billion in support till 2026 to help municipalities procure electric transit buses and build charging facilities. As of 2024, more than 700 electric buses have been sold in Canada, which is expected to increase further in 2025. These federal and state-level incentives are positioning the US and Canada as leaders in e-bus adoption in North America. While China and Europe still dominate in overall sales of electric buses, North America’s focus on electrifying both school buses is a unique regional characteristic.
The break-up of the profile of primary participants in the electric bus market is as follows:
- By Company Type: Electric Bus OEM – 90%, Tier 1 – 10%
- By Designation: C Level – 60%, Director-level – 30%, Others – 10%
- By Region: North America– 10%, Europe – 40%, Asia Pacific – 50%
Prominent companies include BYD Company Ltd. (China), Yutong Co., Ltd. (China), Xiamen King Long (China), CRRC Corporation Limited (China), and Zhejiang Geely Holding Group (China), which are the leading manufacturers of electric buses in the global market.
Research Coverage:
The study segments the electric bus market and forecasts the market size based on propulsion (BEVs, FCEVs), range (up to 300 miles, above 300 miles), the length of the bus (less than 9 m, 9-14 m, more than 14m), consumer (private, government), application (transit buses, coaches, school buses, and others), battery capacity (up to 400 kWh, Above 400 kWh), component (motors, batteries, fuel cell stacks, battery management systems, battery cooling systems, DC-DC converters, inverters, AC/DC chargers, EV connectors), the level of autonomy (semi-autonomous, autonomous), power output (up to 250 kW, above 250 kW), seating capacity (up to 40 seats, 40-70 seats, above 70 seats), by GVW (Up to 10 tonnes, 10 to 20 tonnes and above 20 tonnes), and region (Asia Pacific, North America, Middle East & Africa [MEA], Europe, and Latin America). This report covers the competitive analysis of upcoming startups/SMEs in the electric bus market ecosystem.
Reasons to buy this report:
The report will help the market leaders/new entrants with information on the closest approximations of the revenue numbers for the overall electric bus market and the subsegments. The report includes a comprehensive market share analysis, supply chain analysis, extensive lists and insights into component manufacturers, chapter segmentation based on materials, a thorough supply chain analysis, and a competitive landscape. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.
The report provides insights into the following points:
- Analysis of key drivers (rising GHG emissions, government incentives and policies, overall targets to reduce fleet-level emissions and increasing demand for emission-free vehicles), restraints (CNG and biofuel buses slowing the adoption of electric buses, safety concerns in EV batteries and high development cost), opportunities (development of advanced battery technologies, transition towards hydrogen fuel cell electric mobility), and challenges (high cost of developing charging infrastructure) influencing the growth of the electric bus market
- Product Development/Innovation: Detailed insights into upcoming technologies, research & development activities, and product & service launches in the electric bus market
- Market Development: Comprehensive information about lucrative markets (the report analyzes the electric bus market across varied regions)
- Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the electric bus market
- Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players in the electric bus market, such as BYD Company Ltd. (China), Yutong Co., Ltd. (China), Xiamen King Long (China), CRRC Corporation Limited (China), and Zhejiang Geely Holding Group (China)
The report also helps stakeholders understand the pulse of the electric bus market by providing them with information on key market drivers, restraints, challenges, and opportunities.
Table of Contents
1 INTRODUCTION 33
1.1 STUDY OBJECTIVES 33
1.2 MARKET DEFINITION 34
1.3 STUDY SCOPE 34
1.3.1 MARKET SEGMENTATION AND REGIONAL SNAPSHOT 34
1.3.2 INCLUSIONS AND EXCLUSIONS 35
1.4 YEARS CONSIDERED 36
1.5 CURRENCY CONSIDERED 36
1.6 STAKEHOLDERS 37
1.7 SUMMARY OF CHANGES 38
2 RESEARCH METHODOLOGY 39
2.1 RESEARCH DATA 39
2.1.1 SECONDARY DATA 41
2.1.1.1 Key secondary sources 41
2.1.1.2 Key data from secondary sources 42
2.1.2 PRIMARY DATA 42
2.1.2.1 Primary participants 43
2.2 MARKET SIZE ESTIMATION 45
2.2.1 BOTTOM-UP APPROACH 45
2.3 DATA TRIANGULATION 47
2.4 FACTOR ANALYSIS 48
2.5 RESEARCH ASSUMPTIONS AND RISK ASSESSMENT 49
2.6 RESEARCH LIMITATIONS 51
3 EXECUTIVE SUMMARY 52
4 PREMIUM INSIGHTS 56
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN ELECTRIC BUS MARKET 56
4.2 ELECTRIC BUS MARKET, BY PROPULSION 56
4.3 ELECTRIC BUS MARKET, BY RANGE 57
4.4 ELECTRIC BUS MARKET, BY COMPONENT 57
4.5 ELECTRIC BUS MARKET, BY CONSUMER 58
4.6 ELECTRIC BUS MARKET, BY BATTERY CAPACITY 58
4.7 ELECTRIC BUS MARKET, BY BATTERY TYPE 59
4.8 ELECTRIC BUS MARKET, BY APPLICATION 59
4.9 ELECTRIC BUS MARKET, BY POWER OUTPUT 60
4.10 ELECTRIC BUS MARKET, BY LENGTH 60
4.11 ELECTRIC BUS MARKET, BY SEATING CAPACITY 61
4.12 ELECTRIC BUS MARKET, BY GVW 61
4.13 ELECTRIC BUS MARKET, BY REGION 62
5 MARKET OVERVIEW 63
5.1 INTRODUCTION 63
5.2 MARKET DYNAMICS 64
5.2.1 DRIVERS 65
5.2.1.1 Rising GHG emissions 65
5.2.1.1.1 Government incentives and policies 66
5.2.1.1.2 Target to reduce fleet-level emissions 68
5.2.1.2 Increasing demand for emission-free vehicles and decline in battery prices 68
5.2.2 RESTRAINTS 70
5.2.2.1 CNG and biofuel buses slowing adoption of electric buses 70
5.2.2.2 Safety concerns in EV batteries and high development costs 70
5.2.3 OPPORTUNITIES 73
5.2.3.1 Development of advanced battery technologies 73
5.2.3.2 Transition toward hydrogen fuel cell electric mobility 74
5.2.3.3 Emergence of charging services for electric buses 76
5.2.4 CHALLENGES 78
5.2.4.1 High cost of developing charging infrastructure 78
6 INDUSTRY TRENDS 80
6.1 IMPACT OF AI/GEN AI ON ELECTRIC BUS MARKET 80
6.2 TRADE ANALYSIS 80
6.2.1 IMPORT SCENARIO 80
6.2.2 EXPORT SCENARIO 83
6.3 ECOSYSTEM ANALYSIS 85
6.4 SUPPLY CHAIN ANALYSIS 87
6.5 TOTAL COST OF OWNERSHIP: DIESEL BUSES VS. ELECTRIC BUSES 88
6.5.1 COST COMPARISON: ELECTRIC BUSES VS. ICE BUSES 88
6.6 PRICING ANALYSIS 89
6.6.1 BY APPLICATION 89
6.6.2 BY PROPULSION 90
6.6.3 BY REGION 90
6.7 PATENT ANALYSIS 92
6.7.1 INTRODUCTION 92
6.8 REGULATORY LANDSCAPE 97
6.8.1 NORTH AMERICA 97
6.8.2 EUROPE 98
6.8.3 ASIA PACIFIC 99
6.8.4 LATIN AMERICA 100
6.8.5 MIDDLE EAST & AFRICA 100
6.8.6 REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS, BY REGION 101
6.9 CASE STUDY ANALYSIS 105
6.9.1 COMPLETE TRANSITION TO ELECTRIC BUSES IN SHENZHEN, CHINA 105
6.9.2 ZENOBĒ HELPED STAGECOACH INCORPORATE CHARGING INFRASTRUCTURE AND INSTALL CUSTOM MANAGEMENT SOFTWARE SYSTEM 106
6.9.3 A COMPREHENSIVE ANALYSIS TO EVALUATE FINANCIAL FEASIBILITY OF DEPLOYING ELECTRIC BUS FLEETS THAT REDUCE EMISSIONS 106
6.9.4 ELECTRIC BUS DEPLOYMENT WITH INFRASTRUCTURAL CHANGES 108
6.9.5 HSL WAS AWARDED OPERATIONS BASED ON OPEN TENDERS UNDER CHARGING-AS-A-SERVICE (CAAS) BUSINESS MODEL 109
6.9.6 AI-POWERED SOFTWARE IMPLEMENTED TO HELP FLEET OPERATORS CHARGE ELECTRIC BUSES 109
6.9.7 HIGHLAND ELECTRIC FLEETS, IN PARTNERSHIP WITH NATIONAL GRID, PROVIDED ELECTRIC SCHOOL BUSES AND COORDINATED ITS PARTICIPATION IN V2G PROGRAM FOR SCHOOL BUSES 110
6.9.8 VERMONT ELECTRIC SCHOOL AND TRANSIT BUS PILOT PROGRAM IMPLEMENTED TO FACILITATE COST-EFFECTIVE ELECTRIFICATION 110
6.9.9 FLEET TEST & EVALUATION TEAM AT NREL SUPPORTED AVTA BY CONDUCTING ASSESSMENTS OF MEDIUM- AND HEAVY-DUTY VEHICLES, ELECTRIC BUSES, AND TROLLEYS 111
6.9.10 EVENERGI DEVELOPED FRAMEWORK TO DETERMINE OPTIMAL COMBINATION OF DEPOT LAYOUTS, CHARGER SPEEDS, AND CHARGER TYPES 111
6.10 TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS 112
6.11 BILL OF MATERIALS ANALYSIS 113
6.12 KEY CONFERENCES AND EVENTS, 2025–2026 114
6.13 KEY STAKEHOLDERS AND BUYING CRITERIA 114
6.13.1 KEY STAKEHOLDERS IN BUYING PROCESS 115
6.13.2 BUYING CRITERIA 115
6.14 SUPPLIER ANALYSIS 116
6.14.1 MAJOR ELECTRIC BUS BATTERY CELL MANUFACTURERS 116
6.14.2 KEY ELECTRIC BUS AXLE MANUFACTURERS 117
6.14.3 KEY ELECTRIC BUS HVAC SYSTEM MANUFACTURERS 118
6.14.4 MAJOR ELECTRIC BUS MOTOR MANUFACTURERS 119
6.15 INVESTMENT AND FUNDING SCENARIO 119
7 OEM ANALYSIS 120
7.1 INTRODUCTION 120
7.2 ELECTRIC AND ICE BUS MODELS: LENGTH VS. NUMBER OF SEATS 120
7.3 ELECTRIC BUS MODELS: LENGTH VS. NUMBER OF SEATS 121
7.4 BATTERY CAPACITY VS. DRIVE RANGE VS. PAX 121
7.5 ELECTRIC BUS SALES BY OEMS, 2021–2025 123
7.6 ELECTRIC BUS DRIVE MOTOR SUPPLIERS, BY OEM AND REGION 124
7.7 ELECTRIC BUS BATTERY CELL SUPPLIERS, BY OEM AND REGION 125
7.8 ELECTRIC BUS, OEM-WISE INSTALLED BATTERY CAPACITIES, 2021–2025 (IN MWH) 126
8 TECHNOLOGY ANALYSIS 128
8.1 TECHNOLOGY ANALYSIS 128
8.1.1 FUTURE TECHNOLOGY OVERVIEW 128
8.1.2 TECHNOLOGY ROADMAP 129
8.2 KEY TECHNOLOGIES 129
8.2.1 AUTONOMOUS BUSES 129
8.3 ADJACENT TECHNOLOGIES 130
8.3.1 CHARGING AS A SERVICE 130
8.3.2 BATTERY AS A SERVICE 130
8.3.3 PACKAGED FUEL CELL SYSTEM MODULE 130
8.3.4 METHANE FUEL CELLS 131
8.4 COMPLEMENTARY TECHNOLOGIES 132
8.4.1 UPCOMING BATTERY TECHNOLOGIES 132
8.4.1.1 NMC4 132
8.4.1.2 Solid-state battery technology 132
8.4.1.3 Sodium-ion battery technology 132
8.4.2 INNOVATIVE CHARGING SOLUTIONS 133
8.4.2.1 Off-board top-down pantograph charging system 133
8.4.2.2 On-board bottom-up pantograph charging system 134
8.4.2.3 Ground-based static/dynamic charging system 134
9 ELECTRIC BUS MARKET, BY LENGTH OF BUS 135
9.1 INTRODUCTION 136
9.2 LESS THAN 9 M 137
9.2.1 EASY MANEUVERING ON COMPACT ROADS 137
9.3 9–14 M 139
9.3.1 SUITABLE FOR FULL-DAY OPERATIONS 139
9.4 MORE THAN 14 M 141
9.4.1 GROWING NUMBER OF ARTICULATED ELECTRIC BUSES TO DRIVE MARKET 141
9.5 KEY INDUSTRY INSIGHTS 142
10 ELECTRIC BUS MARKET, BY BATTERY TYPE 143
10.1 INTRODUCTION 144
10.2 NMC BATTERIES 146
10.2.1 INCREASED PREFERENCE FOR HIGH ENERGY DENSITY 146
10.3 LFP BATTERIES 148
10.3.1 DEMAND FOR LOW-COST AND GOOD THERMAL STABILITY 148
10.4 NCA BATTERIES 150
10.4.1 BENEFITS ASSOCIATED WITH HIGH ENERGY DENSITY AND LONG-LIFE CYCLE 150
10.5 OTHER BATTERIES 152
10.6 KEY INDUSTRY INSIGHTS 154
11 ELECTRIC BUS MARKET, BY BATTERY CAPACITY 155
11.1 INTRODUCTION 156
11.2 UP TO 400 KWH 157
11.2.1 DEPLOYMENT IN INTRACITY TRANSPORT TO PROPEL GROWTH 157
11.3 ABOVE 400 KWH 159
11.3.1 USED FOR LONG-DISTANCE COMMUTE 159
11.4 KEY INDUSTRY INSIGHTS 161
12 ELECTRIC BUS MARKET, BY POWER OUTPUT 162
12.1 INTRODUCTION 163
12.2 UP TO 250 KW 164
12.2.1 WIDELY USED IN PUBLIC TRANSPORT BUSES 164
12.3 ABOVE 250 KW 166
12.3.1 DEMAND FOR HIGH-PERFORMANCE ELECTRIC BUSES TO DRIVE MARKET 166
12.4 KEY PRIMARY INSIGHTS 168
13 ELECTRIC BUS MARKET, BY RANGE 169
13.1 INTRODUCTION 170
13.2 UP TO 300 MILES 172
13.2.1 SUITABLE FOR URBAN AND SUBURBAN ROUTES WITH FREQUENT STOPS AND SHORTER DISTANCES BETWEEN CHARGING POINTS 172
13.3 ABOVE 300 MILES 174
13.3.1 INCREASING DEMAND FOR INTERCITY ELECTRIC BUSES TO DRIVE MARKET 174
13.4 KEY PRIMARY INSIGHTS 176
14 ELECTRIC BUS MARKET, BY SEATING CAPACITY 177
14.1 INTRODUCTION 178
14.2 UP TO 40 SEATS 179
14.2.1 NEED FOR ELECTRIC BUSES FOR SHORT-DISTANCE SHUTTLES TO DRIVE DEMAND 179
14.3 40–70 SEATS 181
14.3.1 SUITABLE FOR DENSELY POPULATED AREAS 181
14.4 ABOVE 70 SEATS 183
14.4.1 NEED FOR HIGHER PASSENGER-CARRYING CAPABILITIES TO DRIVE DEMAND 183
14.5 KEY INDUSTRY INSIGHTS 184
15 ELECTRIC BUS MARKET, BY APPLICATION 185
15.1 INTRODUCTION 186
15.2 CITY/TRANSIT BUS 188
15.2.1 NEED TO IMPROVE AIR QUALITY IN CITIES TO DRIVE DEMAND 188
15.3 COACHES 189
15.3.1 INCREASING DEMAND FOR SUSTAINABLE LONG-DISTANCE TRAVEL TO DRIVE GROWTH 189
15.4 SCHOOL BUSES 191
15.4.1 GROWING DEMAND IN NORTH AMERICA TO DRIVE ELECTRIC SCHOOL BUS MARKET 191
15.5 OTHER APPLICATIONS 193
15.6 KEY INDUSTRY INSIGHTS 195
16 ELECTRIC BUS MARKET, BY CONSUMER 196
16.1 INTRODUCTION 197
16.2 PRIVATE 198
16.2.1 GOVERNMENT SUBSIDIES TO PROMOTE ADOPTION OF ELECTRIC BUSES 198
16.3 GOVERNMENT 200
16.3.1 USE OF ELECTRIC BUSES FOR PUBLIC TRANSPORTATION 200
16.4 KEY INDUSTRY INSIGHTS 202
17 ELECTRIC BUS MARKET, BY GROSS VEHICLE WEIGHT (GVW) 203
17.1 INTRODUCTION 204
17.2 UP TO 10 TONNES 205
17.2.1 NEED FOR ELECTRIC BUSES FOR SHORT-DISTANCE SHUTTLES TO DRIVE GROWTH 205
17.3 10–20 TONNES 206
17.3.1 ASIA PACIFIC TO LEAD MARKET IN THIS SEGMENT 206
17.4 ABOVE 20 TONNES 207
17.4.1 ENGINEERED FOR BIGGER AND TEDIOUS OPERATIONS 207
17.5 KEY INDUSTRY INSIGHTS 208
18 ELECTRIC BUS MARKET, BY PROPULSION 209
18.1 INTRODUCTION 210
18.2 BATTERY ELECTRIC BUSES 211
18.2.1 FALLING BATTERY PRICES AND GOVERNMENT INCENTIVES TO ELECTRIFY PUBLIC BUS FLEETS 211
18.3 FUEL CELL ELECTRIC BUSES 213
18.3.1 SUSTAINABLE PRODUCTION OF HYDROGEN TO DRIVE GROWTH 213
18.4 KEY INDUSTRY INSIGHTS 215
19 ELECTRIC BUS MARKET, BY COMPONENT 216
19.1 INTRODUCTION 217
19.2 MOTORS 220
19.2.1 HIGHER EFFICIENCY THAN TRADITIONAL COMBUSTION ENGINES TO DRIVE GROWTH 220
19.3 BATTERIES 221
19.3.1 DECREASING PRICE OF LITHIUM-ION BATTERIES TO DRIVE GROWTH 221
19.4 FUEL CELL STACKS 223
19.4.1 INCREASING DEMAND FOR HYDROGEN FUEL CELL ELECTRIC BUSES TO DRIVE GROWTH 223
19.5 BATTERY MANAGEMENT SYSTEMS 225
19.5.1 NEED FOR EFFICIENT BATTERY OPTIMIZATION IN ELECTRIC BUSES TO DRIVE GROWTH 225
19.6 BATTERY COOLING SYSTEMS 227
19.6.1 GROWING FOCUS ON INCREASING BATTERY LIFE AND IMPROVING THERMAL MANAGEMENT TO DRIVE GROWTH 227
19.7 DC-DC CONVERTERS 229
19.7.1 KEY SAFETY SYSTEMS IN ELECTRIC BUSES 229
19.8 INVERTERS 230
19.8.1 GROWING DEMAND FOR ELECTRIC BUSES WITH HIGHER RANGE TO DRIVE GROWTH 230
19.9 AC/DC CHARGERS 232
19.9.1 CRITICAL TO OVERALL OPERATION AND EFFICIENCY OF ELECTRIC BUSES 232
19.10 EV CONNECTORS 233
19.10.1 INCREASING INVESTMENTS IN SUSTAINABLE URBAN TRANSPORTATION INITIATIVES TO DRIVE GROWTH 233
19.11 KEY INDUSTRY INSIGHTS 235
20 ELECTRIC BUS MARKET, BY LEVEL OF AUTONOMY 236
20.1 INTRODUCTION 236
20.2 SEMI-AUTONOMOUS 236
20.3 AUTONOMOUS 237
20.4 KEY INDUSTRY INSIGHTS 239
21 ELECTRIC BUS MARKET, BY REGION 240
21.1 INTRODUCTION 241
21.2 ASIA PACIFIC 243
21.2.1 MACROECONOMIC OUTLOOK 244
21.2.2 CHINA 248
21.2.2.1 Widespread adoption of electric buses in public transport and presence of leading OEMs to boost growth 248
21.2.3 JAPAN 250
21.2.3.1 Focus on developing advanced electric buses to drive market 250
21.2.4 INDIA 251
21.2.4.1 Government support for electrification of public transport to propel demand 251
21.2.5 SOUTH KOREA 252
21.2.5.1 Focus on electrification of public transport fleets to boost growth 252
21.2.6 SINGAPORE 254
21.2.6.1 Growing emphasis on promoting green public transport by 2040 to boost growth 254
21.2.7 INDONESIA 255
21.2.7.1 Government’s commitment to improving air quality to spur demand 255
21.2.8 AUSTRALIA 256
21.2.8.1 Increasing awareness regarding climate change to drive growth 256
21.3 EUROPE 258
21.3.1 MACROECONOMIC OUTLOOK 258
21.3.2 FRANCE 264
21.3.2.1 Aim for all-electric public transport fleet by 2025 to promote use of electric buses 264
21.3.3 GERMANY 266
21.3.3.1 Increased government incentives and investments for infrastructure development to boost market 266
21.3.4 SPAIN 267
21.3.4.1 Government’s focus on replacing existing public transport fleet with electric buses to boost growth 267
21.3.5 ITALY 268
21.3.5.1 Rising concerns about emissions to encourage government to adopt electrification of public transport system 268
21.3.6 NORWAY 269
21.3.6.1 Rising government support and schemes for electric buses to increase demand 269
21.3.7 SWEDEN 271
21.3.7.1 Presence of market-leading OEMs to support growth of electric bus market 271
21.3.8 DENMARK 272
21.3.8.1 Favorable government regulations to support growth of electric bus market 272
21.3.9 NETHERLANDS 273
21.3.9.1 Increased orders and deliveries of electric buses to boost demand 273
21.3.10 BELGIUM 275
21.3.10.1 Investments for electrification of public transport to drive growth 275
21.3.11 UK 276
21.3.11.1 Stringent regulations for emission-free buses to boost adoption of electric buses 276
21.3.12 FINLAND 277
21.3.12.1 Continuous need for reducing carbon emissions to drive growth 277
21.3.13 POLAND 278
21.3.13.1 Push toward sustainable public transportation to spur demand for electric buses 278
21.4 NORTH AMERICA 280
21.4.1 MACROECONOMIC OUTLOOK 280
21.4.2 US 284
21.4.2.1 Government programs to promote zero-emission vehicles to boost growth 284
21.4.3 CANADA 286
21.4.3.1 Government subsidies and presence of key players to boost adoption of electric school buses 286
21.5 LATIN AMERICA 287
21.5.1 MACROECONOMIC OUTLOOK 288
21.5.2 ARGENTINA 291
21.5.2.1 Demand for electrification of bus fleets to boost demand for advanced electric buses 291
21.5.3 BRAZIL 292
21.5.3.1 Growing environmental concerns to lead to demand for electric buses 292
21.5.4 CHILE 294
21.5.4.1 Government’s focus on promoting emission-free public transport to encourage use of electric buses 294
21.5.5 MEXICO 295
21.5.5.1 Rapid strategies undertaken by government to indicate growth of electric bus market 295
21.5.6 COLOMBIA 296
21.5.6.1 Increasing government initiatives for electric bus purchases to drive market 296
21.6 MIDDLE EAST & AFRICA 297
21.6.1 MACROECONOMIC OUTLOOK 298
21.6.2 SOUTH AFRICA 301
21.6.2.1 Investments by leading OEMs in advanced technologies in automotive sector to drive market 301
21.6.3 UAE 303
21.6.3.1 Growing electrification trend in cities to boost demand
for electric buses 303
21.6.4 QATAR 304
21.6.4.1 Net-zero aims to push incorporation of electric buses 304
22 COMPETITIVE LANDSCAPE 306
22.1 OVERVIEW 306
22.2 KEY PLAYER STRATEGIES/RIGHT TO WIN 306
22.3 ELECTRIC BUS MARKET SHARE ANALYSIS, 2024 308
22.3.1 ASIA: ELECTRIC BUS MARKET SHARE ANALYSIS, 2024 308
22.3.2 EUROPE: ELECTRIC BUS MARKET SHARE ANALYSIS, 2024 309
22.3.3 NORTH AMERICA: ELECTRIC BUS MARKET SHARE ANALYSIS, 2024 310
22.4 REVENUE ANALYSIS 313
22.5 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024 313
22.5.1 STARS 313
22.5.2 EMERGING LEADERS 313
22.5.3 PERVASIVE PLAYERS 314
22.5.4 PARTICIPANTS 314
22.5.5 COMPANY FOOTPRINT: KEY PLAYERS, 2024 315
22.5.5.1 Consumer footprint 316
22.5.5.2 Region footprint 317
22.5.5.3 Application footprint 318
22.5.5.4 Propulsion footprint 318
22.6 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024 319
22.6.1 PROGRESSIVE COMPANIES 319
22.6.2 RESPONSIVE COMPANIES 319
22.6.3 DYNAMIC COMPANIES 319
22.6.4 STARTING BLOCKS 319
22.6.5 COMPETITIVE BENCHMARKING 321
22.6.5.1 List of key startups/SMEs 321
22.6.5.2 Competitive benchmarking of key startups/SMEs 322
22.7 COMPANY VALUATION 323
22.8 FINANCIAL METRICS 323
22.9 BRAND/PRODUCT COMPARISON 324
22.10 COMPETITIVE SCENARIO 325
22.10.1 PRODUCT LAUNCHES, DEVELOPMENTS, AND ENHANCEMENTS,
SEPTEMBER 2022–JULY 2025 325
22.10.2 DEALS, AUGUST 2022–MARCH 2025 327
22.10.3 EXPANSIONS, JUNE 2021–JULY 2025 329
22.10.4 OTHERS, OCTOBER 2022–JULY 2025 330
23 COMPANY PROFILES 332
23.1 KEY PLAYERS 332
23.1.1 BYD COMPANY LTD. 332
23.1.1.1 Business overview 332
23.1.1.2 Products/Solutions offered 333
23.1.1.3 Recent developments 335
23.1.1.3.1 Product launches 335
23.1.1.3.2 Deals 336
23.1.1.3.3 Expansions 338
23.1.1.3.4 Others 338
23.1.1.4 MnM view 340
23.1.1.4.1 Right to win 340
23.1.1.4.2 Strategic choices 340
23.1.1.4.3 Weaknesses & competitive threats 340
23.1.2 YUTONG BUS CO., LTD. 341
23.1.2.1 Business overview 341
23.1.2.2 Products/Solutions offered 342
23.1.2.3 Recent developments 344
23.1.2.3.1 Product launches/enhancements 344
23.1.2.3.2 Deals 345
23.1.2.3.3 Expansions 345
23.1.2.3.4 Others 346
23.1.2.4 MnM view 347
23.1.2.4.1 Right to win 347
23.1.2.4.2 Strategic choices 348
23.1.2.4.3 Weaknesses & competitive threats 348
23.1.3 ZHEJIANG GEELY HOLDING GROUP 349
23.1.3.1 Business overview 349
23.1.3.2 Products/Solutions offered 350
23.1.3.3 Recent developments 350
23.1.3.3.1 Product launches 350
23.1.3.3.2 Deals 351
23.1.3.3.3 Others 351
23.1.3.4 MnM view 351
23.1.3.4.1 Right to win 351
23.1.3.4.2 Strategic choices 352
23.1.3.4.3 Weaknesses & competitive threats 352
23.1.4 DAIMLER TRUCK AG 353
23.1.4.1 Business overview 353
23.1.4.2 Products/Solutions offered 354
23.1.4.3 Recent developments 355
23.1.4.3.1 Product launches 355
23.1.4.3.2 Deals 356
23.1.4.3.3 Expansions 356
23.1.4.3.4 Others 357
23.1.4.4 MnM view 359
23.1.4.4.1 Right to win 359
23.1.4.4.2 Strategic choices 359
23.1.4.4.3 Weaknesses & competitive threats 359
23.1.5 NFI GROUP 360
23.1.5.1 Business overview 360
23.1.5.2 Products/Solutions offered 361
23.1.5.3 Recent developments 362
23.1.5.3.1 Product launches/developments/enhancements 362
23.1.5.3.2 Deals 363
23.1.5.3.3 Others 363
23.1.5.4 MnM view 365
23.1.5.4.1 Right to win 365
23.1.5.4.2 Strategic choices 365
23.1.5.4.3 Weaknesses & competitive threats 365
23.1.6 AB VOLVO 366
23.1.6.1 Business overview 366
23.1.6.2 Products/Solutions offered 367
23.1.6.3 Recent developments 368
23.1.6.3.1 Product launches 368
23.1.6.3.2 Deals 369
23.1.6.3.3 Others 370
23.1.7 CAF (SOLARIS BUS & COACH SP. Z O.O.) 371
23.1.7.1 Business overview 371
23.1.7.2 Products/Solutions offered 373
23.1.7.3 Recent developments 374
23.1.7.3.1 Product launches 374
23.1.7.3.2 Others 374
23.1.8 ZHONGTONG BUS HOLDING CO., LTD. 376
23.1.8.1 Business overview 376
23.1.8.2 Products/Solutions offered 377
23.1.8.3 Recent developments 378
23.1.8.3.1 Deals 378
23.1.9 CRRC CORPORATION LIMITED 379
23.1.9.1 Business overview 379
23.1.9.2 Products/Solutions offered 381
23.1.9.3 Recent developments 381
23.1.9.3.1 Product launches 381
23.1.9.3.2 Deals 381
23.1.9.3.3 Expansions 382
23.1.9.3.4 Others 382
23.1.10 VDL GROEP 383
23.1.10.1 Business overview 383
23.1.10.2 Products/Solutions offered 384
23.1.10.3 Recent developments 385
23.1.10.3.1 Product launches 385
23.1.10.3.2 Deals 385
23.1.10.3.3 Expansions 386
23.1.10.3.4 Others 386
23.1.11 EBUSCO 387
23.1.11.1 Business overview 387
23.1.11.2 Products/Solutions offered 388
23.1.11.3 Recent developments 389
23.1.11.3.1 Product enhancements 389
23.1.11.3.2 Deals 389
23.1.11.3.3 Others 390
23.1.12 XIAMEN KING LONG INTERNATIONAL TRADING CO., LTD. 391
23.1.12.1 Business overview 391
23.1.12.2 Products/Solutions offered 392
23.1.12.3 Recent developments 393
23.1.12.3.1 Product launches 393
23.1.12.3.2 Others 394
23.2 OTHER PLAYERS 395
23.2.1 BLUE BIRD CORPORATION 395
23.2.2 GILLIG LLC. 396
23.2.3 THE LION ELECTRIC COMPANY 397
23.2.4 TATA MOTORS LIMITED. 398
23.2.5 ASHOK LEYLAND 399
23.2.6 SUNDA NEW ENERGY TECHNOLOGY CO., LTD. 400
23.2.7 GREE ALTAIRNANO NEW ENERGY INC. 401
23.2.8 XIAMEN GOLDEN DRAGON BUS CO. LTD. 402
23.2.9 JBM GROUP 403
23.2.10 SCANIA AB 404
23.2.11 IRIZAR GROUP 405
23.2.12 IVECO S.P.A 406
23.2.13 BLUEBUS 407
23.2.14 BOZANKAYA 408
23.2.15 CAETANOBUS 409
23.2.16 CHARIOT MOTORS 410
23.2.17 HEULIEZ BUS 411
23.2.18 OTOKAR OTOMOTIV VE SAVUNMA SANAYI A.Ş. 412
23.2.19 TEMSA 413
23.2.20 URSUS S.A. 414
23.2.21 VAN HOOL 415
23.2.22 KARSAN 416
23.2.23 MELLOR 417
23.2.24 HINO MOTORS, LTD. 418
23.2.25 ANHUI ANKAI AUTOMOBILE CO., LTD. 419
23.2.26 OLECTRA GREENTECH LIMITED 420
24 RECOMMENDATIONS BY MARKETSANDMARKETS 421
24.1 ASIA PACIFIC TO BE MAJOR ELECTRIC BUS MARKET 421
24.2 BATTERY ELECTRIC BUSES TO BE KEY FOCUS AREA FOR MANUFACTURERS 421
24.3 CONCLUSION 422
25 APPENDIX 423
25.1 KEY INDUSTRY INSIGHTS 423
25.2 DISCUSSION GUIDE 423
25.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 426
25.4 CUSTOMIZATION OPTIONS 428
25.5 RELATED REPORTS 428
25.6 AUTHOR DETAILS 429
LIST OF TABLES
TABLE 1 EXCHANGE RATE, 2021–2024 36
TABLE 2 COUNTRY/REGION-WISE INITIATIVES 67
TABLE 3 POTENTIAL MARKETS FOR NEW ZERO-EMISSION BUSES ACROSS EUROPE 68
TABLE 4 FUEL CELL ELECTRIC BUS MODELS 75
TABLE 5 US: FUEL CELL ELECTRIC BUS PROJECTS 75
TABLE 6 OEM-WISE DEVELOPMENTS 80
TABLE 7 ITALY: IMPORT SCENARIO FOR HS CODE: 870240, BY COUNTRY,
2020–2024 (USD) 81
TABLE 8 GERMANY: IMPORT SCENARIO FOR HS CODE: 870240,
BY COUNTRY, 2020–2024 (USD) 81
TABLE 9 SOUTH KOREA: IMPORT SCENARIO FOR HS CODE: 870240,
BY COUNTRY, 2020–2024 (USD) 81
TABLE 10 UK: IMPORT SCENARIO FOR HS CODE: 870240, BY COUNTRY, 2020–2024 (USD) 82
TABLE 11 US: IMPORT SCENARIO FOR HS CODE: 870240, BY COUNTRY, 2020–2024 (USD) 82
TABLE 12 BELGIUM: IMPORT SCENARIO FOR HS CODE: 870240, BY COUNTRY,
2020–2024 (USD) 82
TABLE 13 CHINA: EXPORT SCENARIO FOR HS CODE: 870240, BY COUNTRY,
2020–2024 (USD) 83
TABLE 14 POLAND: EXPORT SCENARIO FOR HS CODE: 870240, BY COUNTRY,
2020–2024 (USD) 83
TABLE 15 BELGIUM: EXPORT SCENARIO FOR HS CODE: 870240, BY COUNTRY,
2020–2024 (USD) 83
TABLE 16 ITLAY: EXPORT SCENARIO FOR HS CODE: 870240, BY COUNTRY,
2020–2024 (USD) 84
TABLE 17 TÜRKIYE: EXPORT SCENARIO FOR HS CODE: 870240, BY COUNTRY,
2020–2024 (USD) 84
TABLE 18 FRANCE: EXPORT SCENARIO FOR HS CODE: 870240, BY COUNTRY,
2020–2024 (USD) 84
TABLE 19 ELECTRIC BUS MARKET: ROLE OF COMPANIES IN ECOSYSTEM 86
TABLE 20 AVERAGE SELLING PRICE, BY APPLICATION, 2024 (USD) 89
TABLE 21 AVERAGE SELLING PRICE, BY PROPULSION, 2024 (USD) 90
TABLE 22 AVERAGE SELLING PRICE, BY REGION, 2024 (USD) 91
TABLE 23 LIST OF PATENTS GRANTED IN ELECTRIC BUS MARKET, 2020–2025 93
TABLE 24 NORTH AMERICA: POLICIES AND INITIATIVES SUPPORTING ELECTRIC
& HYDROGEN-POWERED BUSES AND INFRASTRUCTURE 97
TABLE 25 EUROPE: POLICIES AND INITIATIVES SUPPORTING ELECTRIC
& HYDROGEN-POWERED BUSES AND INFRASTRUCTURE 98
TABLE 26 ASIA PACIFIC: POLICIES AND INITIATIVES SUPPORTING ELECTRIC
& HYDROGEN-POWERED BUSES AND INFRASTRUCTURE 99
TABLE 27 LATIN AMERICA: POLICIES AND INITIATIVES SUPPORTING ELECTRIC
& HYDROGEN-POWERED BUSES AND INFRASTRUCTURE 100
TABLE 28 MIDDLE EAST & AFRICA: POLICIES AND INITIATIVES SUPPORTING ELECTRIC
& HYDROGEN-POWERED BUSES AND INFRASTRUCTURE 100
TABLE 29 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 101
TABLE 30 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 102
TABLE 31 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 103
TABLE 32 MIDDLE EAST & AFRICA: REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 104
TABLE 33 LATIN AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 105
TABLE 34 ANALYSIS TO EVALUATE FINANCIAL FEASIBILITY OF DEPLOYING ELECTRIC
BUS FLEETS 107
TABLE 35 DEPLOYMENT OF ELECTRIC BUSES WITH ONGOING INFRASTRUCTURAL CHANGES 108
TABLE 36 KEY CONFERENCES AND EVENTS, 2025–2026 114
TABLE 37 INFLUENCE OF STAKEHOLDERS ON PURCHASE OF ELECTRIC BUSES 115
TABLE 38 KEY BUYING CRITERIA FOR ELECTRIC BUS, BY PROPULSION 115
TABLE 39 BATTERY CELL MANUFACTURERS 116
TABLE 40 AXLE MANUFACTURERS 117
TABLE 41 HVAC SYSTEM MANUFACTURERS 118
TABLE 42 MOTOR MANUFACTURERS 119
TABLE 43 OEM/BRAND-WISE SALES FOR ELECTRIC BUSES, 2021–2025 123
TABLE 44 ELECTRIC BUS DRIVE MOTOR SUPPLIERS, BY BRAND/OEM AND REGION 124
TABLE 45 ELECTRIC BUS BATTERY CELL SUPPLIERS, BY BRAND/OEM AND REGION 125
TABLE 46 ELECTRIC BUS BRAND/OEM-WISE INSTALLED BATTERY CAPACITIES
IN MWH, 2021–2025 126
TABLE 47 ELECTRIC BUS MARKET, BY LENGTH OF BUS, 2021–2024 (UNITS) 136
TABLE 48 ELECTRIC BUS MARKET, BY LENGTH OF BUS, 2025–2032 (UNITS) 137
TABLE 49 ELECTRIC BUS MARKET, BY LENGTH OF BUS, 2021–2024 (USD MILLION) 137
TABLE 50 ELECTRIC BUS MARKET, BY LENGTH OF BUS, 2025–2032 (USD MILLION) 137
TABLE 51 LESS THAN 9 M: ELECTRIC BUS MARKET, BY REGION, 2021–2024 (UNITS) 138
TABLE 52 LESS THAN 9 M: ELECTRIC BUS MARKET, BY REGION, 2025–2032 (UNITS) 138
TABLE 53 LESS THAN 9 M: ELECTRIC BUS MARKET, BY REGION, 2021–2024 (USD MILLION) 138
TABLE 54 LESS THAN 9 M: ELECTRIC BUS MARKET, BY REGION, 2025–2032 (USD MILLION) 139
TABLE 55 9–14 M: ELECTRIC BUS MARKET, BY REGION, 2021–2024 (UNITS) 139
TABLE 56 9–14 M: ELECTRIC BUS MARKET, BY REGION, 2025–2032 (UNITS) 140
TABLE 57 9–14 M: ELECTRIC BUS MARKET, BY REGION, 2021–2024 (USD MILLION) 140
TABLE 58 9–14 M: ELECTRIC BUS MARKET, BY REGION, 2025–2032 (USD MILLION) 140
TABLE 59 MORE THAN 14 M: ELECTRIC BUS MARKET, BY REGION, 2021–2024 (UNITS) 141
TABLE 60 MORE THAN 14 M: ELECTRIC BUS MARKET, BY REGION, 2025–2032 (UNITS) 141
TABLE 61 MORE THAN 14 M: ELECTRIC BUS MARKET, BY REGION,
2021–2024 (USD MILLION) 142
TABLE 62 MORE THAN 14 M: ELECTRIC BUS MARKET, BY REGION,
2025–2032 (USD MILLION) 142
TABLE 63 ELECTRIC BUS MARKET, BY BATTERY TYPE, 2021–2024 (UNITS) 145
TABLE 64 ELECTRIC BUS MARKET, BY BATTERY TYPE, 2025–2032 (UNITS) 145
TABLE 65 ELECTRIC BUS MARKET, BY BATTERY TYPE, 2021–2024 (USD MILLION) 146
TABLE 66 ELECTRIC BUS MARKET, BY BATTERY TYPE, 2025–2032 (USD MILLION) 146
TABLE 67 NMC BATTERIES: ELECTRIC BUS MARKET, BY REGION, 2021–2024 (UNITS) 147
TABLE 68 NMC BATTERIES: ELECTRIC BUS MARKET, BY REGION, 2025–2032 (UNITS) 147
TABLE 69 NMC BATTERIES: ELECTRIC BUS MARKET, BY REGION, 2021–2024 (USD MILLION) 147
TABLE 70 NMC BATTERIES: ELECTRIC BUS MARKET, BY REGION, 2025–2032 (USD MILLION) 148
TABLE 71 LFP BATTERIES: ELECTRIC BUS MARKET, BY REGION, 2021–2024 (UNITS) 149
TABLE 72 LFP BATTERIES: ELECTRIC BUS MARKET, BY REGION, 2025–2032 (UNITS) 149
TABLE 73 LFP BATTERIES: ELECTRIC BUS MARKET, BY REGION, 2021–2024 (USD MILLION) 149
TABLE 74 LFP BATTERIES: ELECTRIC BUS MARKET, BY REGION, 2025–2032 (USD MILLION) 150
TABLE 75 NCA BATTERIES: ELECTRIC BUS MARKET, BY REGION, 2021–2024 (UNITS) 150
TABLE 76 NCA BATTERIES: ELECTRIC BUS MARKET, BY REGION, 2025–2032 (UNITS) 151
TABLE 77 NCA BATTERIES: ELECTRIC BUS MARKET, BY REGION, 2021–2024 (USD MILLION) 151
TABLE 78 NCA BATTERIES: ELECTRIC BUS MARKET, BY REGION, 2025–2032 (USD MILLION) 151
TABLE 79 OTHER BATTERIES: ELECTRIC BUS MARKET, BY REGION, 2021–2024 (UNITS) 152
TABLE 80 OTHER BATTERIES: ELECTRIC BUS MARKET, BY REGION, 2025–2032 (UNITS) 153
TABLE 81 OTHER BATTERIES: ELECTRIC BUS MARKET, BY REGION,
2021–2024 (USD MILLION) 153
TABLE 82 OTHER BATTERIES: ELECTRIC BUS MARKET, BY REGION,
2025–2032 (USD MILLION) 153
TABLE 83 ELECTRIC BUS MARKET, BY BATTERY CAPACITY, 2021–2024 (UNITS) 156
TABLE 84 ELECTRIC BUS MARKET, BY BATTERY CAPACITY, 2025–2032 (UNITS) 156
TABLE 85 ELECTRIC BUS MARKET, BY BATTERY CAPACITY, 2021–2024 (USD MILLION) 157
TABLE 86 ELECTRIC BUS MARKET, BY BATTERY CAPACITY, 2025–2032 (USD MILLION) 157
TABLE 87 UP TO 400 KWH: ELECTRIC BUS MARKET, BY REGION, 2021–2024 (UNITS) 158
TABLE 88 UP TO 400 KWH: ELECTRIC BUS MARKET, BY REGION, 2025–2032 (UNITS) 158
TABLE 89 UP TO 400 KWH: ELECTRIC BUS MARKET, BY REGION, 2021–2024 (USD MILLION) 158
TABLE 90 UP TO 400 KWH: ELECTRIC BUS MARKET, BY REGION, 2025–2032 (USD MILLION) 159
TABLE 91 ABOVE 400 KWH: ELECTRIC BUS MARKET, BY REGION, 2021–2024 (UNITS) 160
TABLE 92 ABOVE 400 KWH: ELECTRIC BUS MARKET, BY REGION, 2025–2032 (UNITS) 160
TABLE 93 ABOVE 400 KWH: ELECTRIC BUS MARKET, BY REGION,
2021–2024 (USD MILLION) 160
TABLE 94 ABOVE 400 KWH: ELECTRIC BUS MARKET, BY REGION,
2025–2032 (USD MILLION) 161
TABLE 95 ELECTRIC BUS MARKET, BY POWER OUTPUT, 2021–2024 (UNITS) 163
TABLE 96 ELECTRIC BUS MARKET, BY POWER OUTPUT, 2025–2032 (UNITS) 163
TABLE 97 ELECTRIC BUS MARKET, BY POWER OUTPUT, 2021–2024 (USD MILLION) 164
TABLE 98 ELECTRIC BUS MARKET, BY POWER OUTPUT, 2025–2032 (USD MILLION) 164
TABLE 99 UP TO 250 KW: ELECTRIC BUS MARKET, BY REGION, 2021–2024 (UNITS) 165
TABLE 100 UP TO 250 KW: ELECTRIC BUS MARKET, BY REGION, 2025–2032 (UNITS) 165
TABLE 101 UP TO 250 KW: ELECTRIC BUS MARKET, BY REGION, 2021–2024 (USD MILLION) 165
TABLE 102 UP TO 250 KW: ELECTRIC BUS MARKET, BY REGION, 2025–2032 (USD MILLION) 166
TABLE 103 ABOVE 250 KW: ELECTRIC BUS MARKET, BY REGION, 2021–2024 (UNITS) 167
TABLE 104 ABOVE 250 KW: ELECTRIC BUS MARKET, BY REGION, 2025–2032 (UNITS) 167
TABLE 105 ABOVE 250 KW: ELECTRIC BUS MARKET, BY REGION, 2021–2024 (USD MILLION) 167
TABLE 106 ABOVE 250 KW: ELECTRIC BUS MARKET, BY REGION, 2025–2032 (USD MILLION) 168
TABLE 107 ELECTRIC BUS MARKET, BY RANGE, 2021–2024 (UNITS) 171
TABLE 108 ELECTRIC BUS MARKET, BY RANGE, 2025–2032 (UNITS) 171
TABLE 109 ELECTRIC BUS MARKET, BY RANGE, 2021–2024 (USD MILLION) 171
TABLE 110 ELECTRIC BUS MARKET, BY RANGE, 2025–2032 (USD MILLION) 172
TABLE 111 UP TO 300 MILES: ELECTRIC BUS MARKET, BY REGION, 2021–2024 (UNITS) 172
TABLE 112 UP TO 300 MILES: ELECTRIC BUS MARKET, BY REGION, 2025–2032 (UNITS) 173
TABLE 113 UP TO 300 MILES: ELECTRIC BUS MARKET, BY REGION,
2021–2024 (USD MILLION) 173
TABLE 114 UP TO 300 MILES: ELECTRIC BUS MARKET, BY REGION,
2025–2032 (USD MILLION) 173
TABLE 115 ABOVE 300 MILES: ELECTRIC BUS MARKET, BY REGION, 2021–2024 (UNITS) 174
TABLE 116 ABOVE 300 MILES: ELECTRIC BUS MARKET, BY REGION, 2025–2032 (UNITS) 175
TABLE 117 ABOVE 300 MILES: ELECTRIC BUS MARKET, BY REGION,
2021–2024 (USD MILLION) 175
TABLE 118 ABOVE 300 MILES: ELECTRIC BUS MARKET, BY REGION,
2025–2032 (USD MILLION) 175
TABLE 119 ELECTRIC BUS MARKET, BY SEATING CAPACITY, 2021–2024 (UNITS) 178
TABLE 120 ELECTRIC BUS MARKET, BY SEATING CAPACITY, 2025–2032 (UNITS) 178
TABLE 121 ELECTRIC BUS MARKET, BY SEATING CAPACITY, 2021–2024 (USD MILLION) 179
TABLE 122 ELECTRIC BUS MARKET, BY SEATING CAPACITY, 2025–2032 (USD MILLION) 179
TABLE 123 UP TO 40 SEATS: ELECTRIC BUS MARKET, BY REGION, 2021–2024 (UNITS) 180
TABLE 124 UP TO 40 SEATS: ELECTRIC BUS MARKET, BY REGION, 2025–2032 (UNITS) 180
TABLE 125 UP TO 40 SEATS: ELECTRIC BUS MARKET, BY REGION, 2021–2024 (USD MILLION) 180
TABLE 126 UP TO 40 SEATS: ELECTRIC BUS MARKET, BY REGION, 2025–2032 (USD MILLION) 181
TABLE 127 40–70 SEATS: ELECTRIC BUS MARKET, BY REGION, 2021–2024 (UNITS) 181
TABLE 128 40–70 SEATS: ELECTRIC BUS MARKET, BY REGION, 2025–2032 (UNITS) 182
TABLE 129 40–70 SEATS: ELECTRIC BUS MARKET, BY REGION, 2021–2024 (USD MILLION) 182
TABLE 130 40–70 SEATS: ELECTRIC BUS MARKET, BY REGION, 2025–2032 (USD MILLION) 182
TABLE 131 ABOVE 70 SEATS: ELECTRIC BUS MARKET, BY REGION, 2021–2024 (UNITS) 183
TABLE 132 ABOVE 70 SEATS: ELECTRIC BUS MARKET, BY REGION, 2025–2032 (UNITS) 183
TABLE 133 ABOVE 70 SEATS: ELECTRIC BUS MARKET, BY REGION,
2021–2024 (USD MILLION) 184
TABLE 134 ABOVE 70 SEATS: ELECTRIC BUS MARKET, BY REGION,
2025–2032 (USD MILLION) 184
TABLE 135 ELECTRIC BUS MARKET, BY APPLICATION, 2021–2024 (UNITS) 186
TABLE 136 ELECTRIC BUS MARKET, BY APPLICATION, 2025–2032 (UNITS) 187
TABLE 137 ELECTRIC BUS MARKET, BY APPLICATION, 2021–2024 (USD MILLION) 187
TABLE 138 ELECTRIC BUS MARKET, BY APPLICATION, 2025–2032 (USD MILLION) 187
TABLE 139 CITY/TRANSIT BUSES: ELECTRIC BUS MARKET, BY REGION, 2021–2024 (UNITS) 188
TABLE 140 CITY/TRANSIT BUSES: ELECTRIC BUS MARKET, BY REGION, 2025–2032 (UNITS) 188
TABLE 141 CITY/TRANSIT BUSES: ELECTRIC BUS MARKET, BY REGION,
2021–2024 (USD MILLION) 189
TABLE 142 CITY/TRANSIT BUSES: ELECTRIC BUS MARKET, BY REGION,
2025–2032 (USD MILLION) 189
TABLE 143 COACHES: ELECTRIC BUS MARKET, BY REGION, 2021–2024 (UNITS) 190
TABLE 144 COACHES: ELECTRIC BUS MARKET, BY REGION, 2025–2032 (UNITS) 190
TABLE 145 COACHES: ELECTRIC BUS MARKET, BY REGION, 2021–2024 (USD MILLION) 190
TABLE 146 COACHES: ELECTRIC BUS MARKET, BY REGION, 2025–2032 (USD MILLION) 191
TABLE 147 SCHOOL BUSES: ELECTRIC BUS MARKET, BY REGION, 2021–2024 (UNITS) 192
TABLE 148 SCHOOL BUSES: ELECTRIC BUS MARKET, BY REGION, 2025–2032 (UNITS) 192
TABLE 149 SCHOOL BUSES: ELECTRIC BUS MARKET, BY REGION, 2021–2024 (USD MILLION) 192
TABLE 150 SCHOOL BUSES: ELECTRIC BUS MARKET, BY REGION, 2025–2032 (USD MILLION) 193
TABLE 151 OTHER APPLICATIONS: ELECTRIC BUS MARKET, BY REGION, 2021–2024 (UNITS) 193
TABLE 152 OTHER APPLICATIONS: ELECTRIC BUS MARKET, BY REGION, 2025–2032 (UNITS) 194
TABLE 153 OTHER APPLICATIONS: ELECTRIC BUS MARKET, BY REGION,
2021–2024 (USD MILLION) 194
TABLE 154 OTHER APPLICATIONS: ELECTRIC BUS MARKET, BY REGION,
2025–2032 (USD MILLION) 194
TABLE 155 ELECTRIC BUS MARKET, BY CONSUMER, 2021–2024 (UNITS) 197
TABLE 156 ELECTRIC BUS MARKET, BY CONSUMER, 2025–2032 (UNITS) 198
TABLE 157 ELECTRIC BUS MARKET, BY CONSUMER, 2021–2024 (USD MILLION) 198
TABLE 158 ELECTRIC BUS MARKET, BY CONSUMER, 2025–2032 (USD MILLION) 198
TABLE 159 PRIVATE: ELECTRIC BUS MARKET, BY REGION, 2021–2024 (UNITS) 199
TABLE 160 PRIVATE: ELECTRIC BUS MARKET, BY REGION, 2025–2032 (UNITS) 199
TABLE 161 PRIVATE: ELECTRIC BUS MARKET, BY REGION, 2021–2024 (USD MILLION) 199
TABLE 162 PRIVATE: ELECTRIC BUS MARKET, BY REGION, 2025–2032 (USD MILLION) 200
TABLE 163 GOVERNMENT: ELECTRIC BUS MARKET, BY REGION, 2021–2024 (UNITS) 201
TABLE 164 GOVERNMENT: ELECTRIC BUS MARKET, BY REGION, 2025–2032 (UNITS) 201
TABLE 165 GOVERNMENT: ELECTRIC BUS MARKET, BY REGION, 2021–2024 (USD MILLION) 201
TABLE 166 GOVERNMENT: ELECTRIC BUS MARKET, BY REGION, 2025–2032 (USD MILLION) 202
TABLE 167 ELECTRIC BUS MARKET, BY GVW, 2021–2024 (UNITS) 204
TABLE 168 ELECTRIC BUS MARKET, BY GVW, 2025–2032 (UNITS) 204
TABLE 169 UP TO 10 TONNES: ELECTRIC BUS MARKET, BY REGION, 2021–2024 (UNITS) 205
TABLE 170 UP TO 10 TONNES: ELECTRIC BUS MARKET, BY REGION, 2025–2032 (UNITS) 205
TABLE 171 10 – 20 TONNES: ELECTRIC BUS MARKET, BY REGION, 2021–2024 (UNITS) 206
TABLE 172 10 – 20 TONNES: ELECTRIC BUS MARKET, BY REGION, 2025–2032 (UNITS) 206
TABLE 173 ABOVE 20 TONNES: ELECTRIC BUS MARKET, BY REGION, 2021–2024 (UNITS) 207
TABLE 174 ABOVE 20 TONNES: ELECTRIC BUS MARKET, BY REGION, 2025–2032 (UNITS) 207
TABLE 175 ELECTRIC BUS MARKET, BY PROPULSION, 2021–2024 (UNITS) 210
TABLE 176 ELECTRIC BUS MARKET, BY PROPULSION, 2025–2032 (UNITS) 210
TABLE 177 ELECTRIC BUS MARKET, BY PROPULSION, 2021–2024 (USD MILLION) 211
TABLE 178 ELECTRIC BUS MARKET, BY PROPULSION, 2025–2032 (USD MILLION) 211
TABLE 179 BATTERY ELECTRIC BUSES: ELECTRIC BUS MARKET, BY REGION,
2021–2024 (UNITS) 212
TABLE 180 BATTERY ELECTRIC BUSES: ELECTRIC BUS MARKET, BY REGION,
2025–2032 (UNITS) 212
TABLE 181 BATTERY ELECTRIC BUSES: ELECTRIC BUS MARKET, BY REGION,
2021–2024 (USD MILLION) 212
TABLE 182 BATTERY ELECTRIC BUSES: ELECTRIC BUS MARKET, BY REGION,
2025–2032 (USD MILLION) 213
TABLE 183 FUEL CELL ELECTRIC BUSES: ELECTRIC BUS MARKET, BY REGION,
2021–2024 (UNITS) 214
TABLE 184 FUEL CELL ELECTRIC BUSES: ELECTRIC BUS MARKET, BY REGION,
2025–2032 (UNITS) 214
TABLE 185 FUEL CELL ELECTRIC BUSES: ELECTRIC BUS MARKET,
BY REGION, 2021–2024 (USD MILLION) 214
TABLE 186 FUEL CELL ELECTRIC BUSES: ELECTRIC BUS MARKET,
BY REGION, 2025–2032 (USD MILLION) 215
TABLE 187 ELECTRIC BUS MARKET, BY COMPONENT, 2021–2024 (UNITS) 218
TABLE 188 ELECTRIC BUS MARKET, BY COMPONENT, 2025–2032 (UNITS) 218
TABLE 189 ELECTRIC BUS MARKET, BY COMPONENT, 2021–2024 (USD MILLION) 219
TABLE 190 ELECTRIC BUS MARKET, BY COMPONENT, 2025–2032 (USD MILLION) 219
TABLE 191 MOTORS: ELECTRIC BUS MARKET, BY REGION, 2021–2024 (UNITS) 220
TABLE 192 MOTORS: ELECTRIC BUS MARKET, BY REGION, 2025–2032 (UNITS) 220
TABLE 193 MOTORS: ELECTRIC BUS MARKET, BY REGION, 2021–2024 (USD MILLION) 221
TABLE 194 MOTORS: ELECTRIC BUS MARKET, BY REGION, 2025–2032 (USD MILLION) 221
TABLE 195 BATTERIES: ELECTRIC BUS MARKET, BY REGION, 2021–2024 (UNITS) 222
TABLE 196 BATTERIES: ELECTRIC BUS MARKET, BY REGION, 2025–2032 (UNITS) 222
TABLE 197 BATTERIES: ELECTRIC BUS MARKET, BY REGION, 2021–2024 (USD MILLION) 223
TABLE 198 BATTERIES: ELECTRIC BUS MARKET, BY REGION, 2025–2032 (USD MILLION) 223
TABLE 199 FUEL CELL STACKS: ELECTRIC BUS MARKET, BY REGION, 2021–2024 (UNITS) 224
TABLE 200 FUEL CELL STACKS: ELECTRIC BUS MARKET, BY REGION, 2025–2032 (UNITS) 224
TABLE 201 FUEL CELL STACKS: ELECTRIC BUS MARKET, BY REGION,
2021–2024 (USD MILLION) 224
TABLE 202 FUEL CELL STACKS: ELECTRIC BUS MARKET, BY REGION,
2025–2032 (USD MILLION) 225
TABLE 203 BATTERY MANAGEMENT SYSTEMS: ELECTRIC BUS MARKET,
BY REGION, 2021–2024 (UNITS) 225
TABLE 204 BATTERY MANAGEMENT SYSTEMS: ELECTRIC BUS MARKET,
BY REGION, 2025–2032 (UNITS) 226
TABLE 205 BATTERY MANAGEMENT SYSTEMS: ELECTRIC BUS MARKET,
BY REGION, 2021–2024 (USD MILLION) 226
TABLE 206 BATTERY MANAGEMENT SYSTEMS: ELECTRIC BUS MARKET,
BY REGION, 2025–2032 (USD MILLION) 226
TABLE 207 BATTERY COOLING SYSTEMS: ELECTRIC BUS MARKET,
BY REGION, 2021–2024 (UNITS) 227
TABLE 208 BATTERY COOLING SYSTEMS: ELECTRIC BUS MARKET,
BY REGION, 2025–2032 (UNITS) 227
TABLE 209 BATTERY COOLING SYSTEMS: ELECTRIC BUS MARKET,
BY REGION, 2021–2024 (USD MILLION) 228
TABLE 210 BATTERY COOLING SYSTEMS: ELECTRIC BUS MARKET,
BY REGION, 2025–2032 (USD MILLION) 228
TABLE 211 DC-DC CONVERTERS: ELECTRIC BUS MARKET, BY REGION, 2021–2024 (UNITS) 229
TABLE 212 DC-DC CONVERTERS: ELECTRIC BUS MARKET, BY REGION, 2025–2032 (UNITS) 229
TABLE 213 DC-DC CONVERTERS: ELECTRIC BUS MARKET, BY REGION,
2021–2024 (USD MILLION) 229
TABLE 214 DC-DC CONVERTERS: ELECTRIC BUS MARKET, BY REGION,
2025–2032 (USD MILLION) 230
TABLE 215 INVERTERS: ELECTRIC BUS MARKET, BY REGION, 2021–2024 (UNITS) 230
TABLE 216 INVERTERS: ELECTRIC BUS MARKET, BY REGION, 2025–2032 (UNITS) 231
TABLE 217 INVERTERS: ELECTRIC BUS MARKET, BY REGION, 2021–2024 (USD MILLION) 231
TABLE 218 INVERTERS: ELECTRIC BUS MARKET, BY REGION, 2025–2032 (USD MILLION) 231
TABLE 219 AC/DC CHARGERS: ELECTRIC BUS MARKET, BY REGION, 2021–2024 (UNITS) 232
TABLE 220 AC/DC CHARGERS: ELECTRIC BUS MARKET, BY REGION, 2025–2032 (UNITS) 232
TABLE 221 AC/DC CHARGERS: ELECTRIC BUS MARKET, BY REGION,
2021–2024 (USD MILLION) 233
TABLE 222 AC/DC CHARGERS: ELECTRIC BUS MARKET, BY REGION,
2025–2032 (USD MILLION) 233
TABLE 223 EV CONNECTORS: ELECTRIC BUS MARKET, BY REGION, 2021–2024 (UNITS) 234
TABLE 224 EV CONNECTORS: ELECTRIC BUS MARKET, BY REGION, 2025–2032 (UNITS) 234
TABLE 225 EV CONNECTORS: ELECTRIC BUS MARKET, BY REGION,
2021–2024 (USD MILLION) 234
TABLE 226 EV CONNECTORS: ELECTRIC BUS MARKET, BY REGION,
2025–2032 (USD MILLION) 235
TABLE 227 SEMI-AUTONOMOUS ELECTRIC BUS MODELS AND THEIR FEATURES, 2022 237
TABLE 228 AUTONOMOUS ELECTRIC BUS MODELS AND THEIR FEATURES, 2023 238
TABLE 229 ELECTRIC BUS MARKET, BY REGION, 2021–2024 (UNITS) 242
TABLE 230 ELECTRIC BUS MARKET, BY REGION, 2025–2032 (UNITS) 242
TABLE 231 ELECTRIC BUS MARKET, BY REGION, 2021–2024 (USD MILLION) 243
TABLE 232 ELECTRIC BUS MARKET, BY REGION, 2025–2032 (USD MILLION) 243
TABLE 233 ASIA PACIFIC: ELECTRIC BUS MARKET, BY COUNTRY, 2021–2024 (UNITS) 247
TABLE 234 ASIA PACIFIC: ELECTRIC BUS MARKET, BY COUNTRY, 2025–2032 (UNITS) 247
TABLE 235 ASIA PACIFIC: ELECTRIC BUS MARKET, BY COUNTRY, 2021–2024 (USD MILLION) 247
TABLE 236 ASIA PACIFIC: ELECTRIC BUS MARKET, BY COUNTRY, 2025–2032 (USD MILLION) 248
TABLE 237 CHINA: ELECTRIC BUS MARKET, BY PROPULSION, 2021–2024 (UNITS) 249
TABLE 238 CHINA: ELECTRIC BUS MARKET, BY PROPULSION, 2025–2032 (UNITS) 249
TABLE 239 CHINA: ELECTRIC BUS MARKET, BY PROPULSION, 2021–2024 (USD MILLION) 249
TABLE 240 CHINA: ELECTRIC BUS MARKET, BY PROPULSION, 2025–2032 (USD MILLION) 249
TABLE 241 JAPAN: ELECTRIC BUS MARKET, BY PROPULSION, 2021–2024 (UNITS) 250
TABLE 242 JAPAN: ELECTRIC BUS MARKET, BY PROPULSION, 2025–2032 (UNITS) 250
TABLE 243 JAPAN: ELECTRIC BUS MARKET, BY PROPULSION, 2021–2024 (USD MILLION) 250
TABLE 244 JAPAN: ELECTRIC BUS MARKET, BY PROPULSION, 2025–2032 (USD MILLION) 251
TABLE 245 INDIA: ELECTRIC BUS MARKET, BY PROPULSION, 2021–2024 (UNITS) 251
TABLE 246 INDIA: ELECTRIC BUS MARKET, BY PROPULSION, 2025–2032 (UNITS) 252
TABLE 247 INDIA: ELECTRIC BUS MARKET, BY PROPULSION, 2021–2024 (USD MILLION) 252
TABLE 248 INDIA: ELECTRIC BUS MARKET, BY PROPULSION, 2025–2032 (USD MILLION) 252
TABLE 249 SOUTH KOREA: ELECTRIC BUS MARKET, BY PROPULSION, 2021–2024 (UNITS) 253
TABLE 250 SOUTH KOREA: ELECTRIC BUS MARKET, BY PROPULSION, 2025–2032 (UNITS) 253
TABLE 251 SOUTH KOREA: ELECTRIC BUS MARKET, BY PROPULSION,
2021–2024 (USD MILLION) 253
TABLE 252 SOUTH KOREA: ELECTRIC BUS MARKET, BY PROPULSION,
2025–2032 (USD MILLION) 253
TABLE 253 SINGAPORE: ELECTRIC BUS MARKET, BY PROPULSION, 2021–2024 (UNITS) 254
TABLE 254 SINGAPORE: ELECTRIC BUS MARKET, BY PROPULSION, 2025–2032 (UNITS) 254
TABLE 255 SINGAPORE: ELECTRIC BUS MARKET, BY PROPULSION,
2021–2024 (USD MILLION) 255
TABLE 256 SINGAPORE: ELECTRIC BUS MARKET, BY PROPULSION,
2025–2032 (USD MILLION) 255
TABLE 257 INDONESIA: ELECTRIC BUS MARKET, BY PROPULSION, 2021–2024 (UNITS) 255
TABLE 258 INDONESIA: ELECTRIC BUS MARKET, BY PROPULSION, 2025–2032 (UNITS) 256
TABLE 259 INDONESIA: ELECTRIC BUS MARKET, BY PROPULSION, 2021–2024 (USD MILLION) 256
TABLE 260 INDONESIA: ELECTRIC BUS MARKET, BY PROPULSION, 2025–2032 (USD MILLION) 256
TABLE 261 AUSTRALIA: ELECTRIC BUS MARKET, BY PROPULSION, 2021–2024 (UNITS) 257
TABLE 262 AUSTRALIA: ELECTRIC BUS MARKET, BY PROPULSION, 2025–2032 (UNITS) 257
TABLE 263 AUSTRALIA: ELECTRIC BUS MARKET, BY PROPULSION, 2021–2024 (USD MILLION) 257
TABLE 264 AUSTRALIA: ELECTRIC BUS MARKET, BY PROPULSION, 2025–2032 (USD MILLION) 257
TABLE 265 EUROPE: ELECTRIC BUS MARKET, BY COUNTRY, 2021–2024 (UNITS) 262
TABLE 266 EUROPE: ELECTRIC BUS MARKET, BY COUNTRY, 2025–2032 (UNITS) 263
TABLE 267 EUROPE: ELECTRIC BUS MARKET, BY COUNTRY, 2021–2024 (USD MILLION) 263
TABLE 268 EUROPE: ELECTRIC BUS MARKET, BY COUNTRY, 2025–2032 (USD MILLION) 264
TABLE 269 FRANCE: ELECTRIC BUS MARKET, BY PROPULSION, 2021–2024 (UNITS) 265
TABLE 270 FRANCE: ELECTRIC BUS MARKET, BY PROPULSION, 2025–2032 (UNITS) 265
TABLE 271 FRANCE: ELECTRIC BUS MARKET, BY PROPULSION, 2021–2024 (USD MILLION) 265
TABLE 272 FRANCE: ELECTRIC BUS MARKET, BY PROPULSION, 2025–2032 (USD MILLION) 265
TABLE 273 GERMANY: ELECTRIC BUS MARKET, BY PROPULSION, 2021–2024 (UNITS) 266
TABLE 274 GERMANY: ELECTRIC BUS MARKET, BY PROPULSION, 2025–2032 (UNITS) 266
TABLE 275 GERMANY: ELECTRIC BUS MARKET, BY PROPULSION, 2021–2024 (USD MILLION) 266
TABLE 276 GERMANY: ELECTRIC BUS MARKET, BY PROPULSION, 2025–2032 (USD MILLION) 267
TABLE 277 SPAIN: ELECTRIC BUS MARKET, BY PROPULSION, 2021–2024 (UNITS) 267
TABLE 278 SPAIN: ELECTRIC BUS MARKET, BY PROPULSION, 2025–2032 (UNITS) 267
TABLE 279 SPAIN: ELECTRIC BUS MARKET, BY PROPULSION, 2021–2024 (USD MILLION) 268
TABLE 280 SPAIN: ELECTRIC BUS MARKET, BY PROPULSION, 2025–2032 (USD MILLION) 268
TABLE 281 ITALY: ELECTRIC BUS MARKET, BY PROPULSION, 2021–2024 (UNITS) 268
TABLE 282 ITALY: ELECTRIC BUS MARKET, BY PROPULSION, 2025–2032 (UNITS) 269
TABLE 283 ITALY: ELECTRIC BUS MARKET, BY PROPULSION, 2021–2024 (USD MILLION) 269
TABLE 284 ITALY: ELECTRIC BUS MARKET, BY PROPULSION, 2025–2032 (USD MILLION) 269
TABLE 285 NORWAY: ELECTRIC BUS MARKET, BY PROPULSION, 2021–2024 (UNITS) 270
TABLE 286 NORWAY: ELECTRIC BUS MARKET, BY PROPULSION, 2025–2032 (UNITS) 270
TABLE 287 NORWAY: ELECTRIC BUS MARKET, BY PROPULSION, 2021–2024 (USD MILLION) 270
TABLE 288 NORWAY: ELECTRIC BUS MARKET, BY PROPULSION, 2025–2032 (USD MILLION) 270
TABLE 289 SWEDEN: ELECTRIC BUS MARKET, BY PROPULSION, 2021–2024 (UNITS) 271
TABLE 290 SWEDEN: ELECTRIC BUS MARKET, BY PROPULSION, 2025–2032 (UNITS) 271
TABLE 291 SWEDEN: ELECTRIC BUS MARKET, BY PROPULSION, 2021–2024 (USD MILLION) 271
TABLE 292 SWEDEN: ELECTRIC BUS MARKET, BY PROPULSION, 2025–2032 (USD MILLION) 272
TABLE 293 DENMARK: ELECTRIC BUS MARKET, BY PROPULSION, 2021–2024 (UNITS) 272
TABLE 294 DENMARK: ELECTRIC BUS MARKET, BY PROPULSION, 2025–2032 (UNITS) 273
TABLE 295 DENMARK: ELECTRIC BUS MARKET, BY PROPULSION, 2021–2024 (USD MILLION) 273
TABLE 296 DENMARK: ELECTRIC BUS MARKET, BY PROPULSION, 2025–2032 (USD MILLION) 273
TABLE 297 NETHERLANDS: ELECTRIC BUS MARKET, BY PROPULSION, 2021–2024 (UNITS) 274
TABLE 298 NETHERLANDS: ELECTRIC BUS MARKET, BY PROPULSION, 2025–2032 (UNITS) 274
TABLE 299 NETHERLANDS: ELECTRIC BUS MARKET, BY PROPULSION,
2021–2024 (USD MILLION) 274
TABLE 300 NETHERLANDS: ELECTRIC BUS MARKET, BY PROPULSION,
2025–2032 (USD MILLION) 274
TABLE 301 BELGIUM: ELECTRIC BUS MARKET, BY PROPULSION, 2021–2024 (UNITS) 275
TABLE 302 BELGIUM: ELECTRIC BUS MARKET, BY PROPULSION, 2025–2032 (UNITS) 275
TABLE 303 BELGIUM: ELECTRIC BUS MARKET, BY PROPULSION, 2021–2024 (USD MILLION) 275
TABLE 304 BELGIUM: ELECTRIC BUS MARKET, BY PROPULSION, 2025–2032 (USD MILLION) 276
TABLE 305 UK: ELECTRIC BUS MARKET, BY PROPULSION, 2021–2024 (UNITS) 276
TABLE 306 UK: ELECTRIC BUS MARKET, BY PROPULSION, 2025–2032 (UNITS) 276
TABLE 307 UK: ELECTRIC BUS MARKET, BY PROPULSION, 2021–2024 (USD MILLION) 277
TABLE 308 UK: ELECTRIC BUS MARKET, BY PROPULSION, 2025–2032 (USD MILLION) 277
TABLE 309 FINLAND: ELECTRIC BUS MARKET, BY PROPULSION, 2021–2024 (UNITS) 277
TABLE 310 FINLAND: ELECTRIC BUS MARKET, BY PROPULSION, 2025–2032 (UNITS) 278
TABLE 311 FINLAND: ELECTRIC BUS MARKET, BY PROPULSION, 2021–2024 (USD MILLION) 278
TABLE 312 FINLAND: ELECTRIC BUS MARKET, BY PROPULSION, 2025–2032 (USD MILLION) 278
TABLE 313 POLAND: ELECTRIC BUS MARKET, BY PROPULSION, 2021–2024 (UNITS) 279
TABLE 314 POLAND: ELECTRIC BUS MARKET, BY PROPULSION, 2025–2032 (UNITS) 279
TABLE 315 POLAND: ELECTRIC BUS MARKET, BY PROPULSION, 2021–2024 (USD MILLION) 279
TABLE 316 POLAND: ELECTRIC BUS MARKET, BY PROPULSION, 2025–2032 (USD MILLION) 279
TABLE 317 NORTH AMERICA: ELECTRIC BUS MARKET, BY COUNTRY, 2021–2024 (UNITS) 283
TABLE 318 NORTH AMERICA: ELECTRIC BUS MARKET, BY COUNTRY, 2025–2032 (UNITS) 283
TABLE 319 NORTH AMERICA: ELECTRIC BUS MARKET, BY COUNTRY,
2021–2024 (USD MILLION) 284
TABLE 320 NORTH AMERICA: ELECTRIC BUS MARKET, BY COUNTRY,
2025–2032 (USD MILLION) 284
TABLE 321 US: ELECTRIC BUS MARKET, BY PROPULSION, 2021–2024 (UNITS) 285
TABLE 322 US: ELECTRIC BUS MARKET, BY PROPULSION, 2025–2032 (UNITS) 285
TABLE 323 US: ELECTRIC BUS MARKET, BY PROPULSION, 2021–2024 (USD MILLION) 285
TABLE 324 US: ELECTRIC BUS MARKET, BY PROPULSION, 2025–2032 (USD MILLION) 285
TABLE 325 CANADA: ELECTRIC BUS MARKET, BY PROPULSION, 2021–2024 (UNITS) 286
TABLE 326 CANADA: ELECTRIC BUS MARKET, BY PROPULSION, 2025–2032 (UNITS) 286
TABLE 327 CANADA: ELECTRIC BUS MARKET, BY PROPULSION, 2021–2024 (USD MILLION) 286
TABLE 328 CANADA: ELECTRIC BUS MARKET, BY PROPULSION, 2025–2032 (USD MILLION) 287
TABLE 329 LATIN AMERICA: ELECTRIC BUS MARKET, BY COUNTRY, 2021–2024 (UNITS) 290
TABLE 330 LATIN AMERICA: ELECTRIC BUS MARKET, BY COUNTRY, 2025–2032 (UNITS) 290
TABLE 331 LATIN AMERICA: ELECTRIC BUS MARKET, BY COUNTRY,
2021–2024 (USD MILLION) 290
TABLE 332 LATIN AMERICA: ELECTRIC BUS MARKET, BY COUNTRY,
2025–2032 (USD MILLION) 291
TABLE 333 ARGENTINA: ELECTRIC BUS MARKET, BY PROPULSION, 2021–2024 (UNITS) 291
TABLE 334 ARGENTINA: ELECTRIC BUS MARKET, BY PROPULSION, 2025–2032 (UNITS) 292
TABLE 335 ARGENTINA: ELECTRIC BUS MARKET, BY PROPULSION,
2021–2024 (USD MILLION) 292
TABLE 336 ARGENTINA: ELECTRIC BUS MARKET, BY PROPULSION,
2025–2032 (USD MILLION) 292
TABLE 337 BRAZIL: ELECTRIC BUS MARKET, BY PROPULSION, 2021–2024 (UNITS) 293
TABLE 338 BRAZIL: ELECTRIC BUS MARKET, BY PROPULSION, 2025–2032 (UNITS) 293
TABLE 339 BRAZIL: ELECTRIC BUS MARKET, BY PROPULSION, 2021–2024 (USD MILLION) 293
TABLE 340 BRAZIL: ELECTRIC BUS MARKET, BY PROPULSION, 2025–2032 (USD MILLION) 293
TABLE 341 CHILE: ELECTRIC BUS MARKET, BY PROPULSION, 2021–2024 (UNITS) 294
TABLE 342 CHILE: ELECTRIC BUS MARKET, BY PROPULSION, 2025–2032 (UNITS) 294
TABLE 343 CHILE: ELECTRIC BUS MARKET, BY PROPULSION, 2021–2024 (USD MILLION) 294
TABLE 344 CHILE: ELECTRIC BUS MARKET, BY PROPULSION, 2025–2032 (USD MILLION) 295
TABLE 345 MEXICO: ELECTRIC BUS MARKET, BY PROPULSION, 2021–2024 (UNITS) 295
TABLE 346 MEXICO: ELECTRIC BUS MARKET, BY PROPULSION, 2025–2032 (UNITS) 295
TABLE 347 MEXICO: ELECTRIC BUS MARKET, BY PROPULSION, 2021–2024 (USD MILLION) 296
TABLE 348 MEXICO: ELECTRIC BUS MARKET, BY PROPULSION, 2025–2032 (USD MILLION) 296
TABLE 349 COLOMBIA: ELECTRIC BUS MARKET, BY PROPULSION, 2021–2024 (UNITS) 296
TABLE 350 COLOMBIA: ELECTRIC BUS MARKET, BY PROPULSION, 2025–2032 (UNITS) 297
TABLE 351 COLOMBIA: ELECTRIC BUS MARKET, BY PROPULSION, 2021–2024 (USD MILLION) 297
TABLE 352 COLOMBIA: ELECTRIC BUS MARKET, BY PROPULSION, 2025–2032 (USD MILLION) 297
TABLE 353 MIDDLE EAST & AFRICA: ELECTRIC BUS MARKET, BY COUNTRY,
2021–2024 (UNITS) 300
TABLE 354 MIDDLE EAST & AFRICA: ELECTRIC BUS MARKET, BY COUNTRY,
2025–2032 (UNITS) 300
TABLE 355 MIDDLE EAST & AFRICA: ELECTRIC BUS MARKET, BY COUNTRY,
2021–2024 (USD MILLION) 301
TABLE 356 MIDDLE EAST & AFRICA: ELECTRIC BUS MARKET, BY COUNTRY,
2025–2032 (USD MILLION) 301
TABLE 357 SOUTH AFRICA: ELECTRIC BUS MARKET, BY PROPULSION, 2021–2024 (UNITS) 302
TABLE 358 SOUTH AFRICA: ELECTRIC BUS MARKET, BY PROPULSION, 2025–2032 (UNITS) 302
TABLE 359 SOUTH AFRICA: ELECTRIC BUS MARKET, BY PROPULSION,
2021–2024 (USD MILLION) 302
TABLE 360 SOUTH AFRICA: ELECTRIC BUS MARKET, BY PROPULSION,
2025–2032 (USD MILLION) 302
TABLE 361 UAE: ELECTRIC BUS MARKET, BY PROPULSION, 2021–2024 (UNITS) 303
TABLE 362 UAE: ELECTRIC BUS MARKET, BY PROPULSION, 2025–2032 (UNITS) 303
TABLE 363 UAE: ELECTRIC BUS MARKET, BY PROPULSION, 2021–2024 (USD MILLION) 303
TABLE 364 UAE: ELECTRIC BUS MARKET, BY PROPULSION, 2025–2032 (USD MILLION) 304
TABLE 365 QATAR: ELECTRIC BUS MARKET, BY PROPULSION, 2021–2024 (UNITS) 304
TABLE 366 QATAR: ELECTRIC BUS MARKET, BY PROPULSION, 2025–2032 (UNITS) 305
TABLE 367 QATAR: ELECTRIC BUS MARKET, BY PROPULSION, 2021–2024 (USD MILLION) 305
TABLE 368 QATAR: ELECTRIC BUS MARKET, BY PROPULSION, 2025–2032 (USD MILLION) 305
TABLE 369 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2022–2024 307
TABLE 370 ASIAN ELECTRIC BUS MARKET: DEGREE OF COMPETITION, 2024 309
TABLE 371 EUROPEAN ELECTRIC BUS MARKET: DEGREE OF COMPETITION, 2024 310
TABLE 372 NORTH AMERICAN ELECTRIC BUS MARKET: DEGREE OF COMPETITION, 2024 311
TABLE 373 ELECTRIC BUS MARKET: CONSUMER FOOTPRINT, 2024 316
TABLE 374 ELECTRIC BUS MARKET: REGION FOOTPRINT, 2024 317
TABLE 375 ELECTRIC BUS MARKET: APPLICATION FOOTPRINT, 2024 318
TABLE 376 ELECTRIC BUS MARKET: PROPULSION FOOTPRINT, 2024 318
TABLE 377 ELECTRIC BUS MARKET: LIST OF KEY STARTUPS/SMES 321
TABLE 378 COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES 322
TABLE 379 ELECTRIC BUS MARKET: PRODUCT LAUNCHES/ENHANCEMENTS/DEVELOPMENTS, SEPTEMBER 2022–JULY 2025 325
TABLE 380 ELECTRIC BUS MARKET: DEALS, AUGUST 2022–MARCH 2025 327
TABLE 381 ELECTRIC BUS MARKET: EXPANSIONS, JUNE 2021–JULY 2025 329
TABLE 382 ELECTRIC BUS MARKET: OTHERS, OCTOBER 2022–JULY 2025 330
TABLE 383 BYD COMPANY LTD.: COMPANY OVERVIEW 332
TABLE 384 BYD COMPANY LTD.: PRODUCTS/SOLUTIONS OFFERED 333
TABLE 385 BYD COMPANY LTD.: PRODUCT LAUNCHES 335
TABLE 386 BYD COMPANY LTD.: DEALS 336
TABLE 387 BYD COMPANY LTD.: EXPANSIONS 338
TABLE 388 BYD COMPANY LTD.: OTHERS 338
TABLE 389 YUTONG BUS CO., LTD.: COMPANY OVERVIEW 341
TABLE 390 YUTONG BUS CO., LTD.: PRODUCTS/SOLUTIONS OFFERED 342
TABLE 391 YUTONG BUS CO., LTD.: PRODUCT LAUNCHES/ENHANCEMENTS 344
TABLE 392 YUTONG BUS CO., LTD.: DEALS 345
TABLE 393 YUTONG BUS CO., LTD.: EXPANSIONS 345
TABLE 394 YUTONG BUS CO., LTD.: OTHERS 346
TABLE 395 ZHEJIANG GEELY HOLDING GROUP: COMPANY OVERVIEW 349
TABLE 396 ZHEJIANG GEELY HOLDING GROUP: PRODUCTS/SOLUTIONS OFFERED 350
TABLE 397 ZHEJIANG GEELY HOLDING GROUP: PRODUCT LAUNCHES 350
TABLE 398 ZHEJIANG GEELY HOLDING GROUP: DEALS 351
TABLE 399 ZHEJIANG GEELY HOLDING GROUP: OTHERS 351
TABLE 400 DAIMLER TRUCK AG: COMPANY OVERVIEW 353
TABLE 401 DAIMLER TRUCK AG: PRODUCTS/SOLUTIONS OFFERED 354
TABLE 402 DAIMLER TRUCK AG: PRODUCT LAUNCHES 355
TABLE 403 DAIMLER TRUCK AG: DEALS 356
TABLE 404 DAIMLER TRUCK AG: EXPANSIONS 356
TABLE 405 DAIMLER TRUCK AG: OTHERS 357
TABLE 406 NFI GROUP: COMPANY OVERVIEW 360
TABLE 407 NFI GROUP: PRODUCTS/SOLUTIONS OFFERED 361
TABLE 408 NFI GROUP: PRODUCT LAUNCHES/DEVELOPMENTS/ENHANCEMENTS 362
TABLE 409 NFI GROUP: DEALS 363
TABLE 410 NFI GROUP: OTHERS 363
TABLE 411 AB VOLVO: COMPANY OVERVIEW 366
TABLE 412 AB VOLVO: PRODUCTS/SOLUTIONS OFFERED 367
TABLE 413 AB VOLVO: PRODUCT LAUNCHES 368
TABLE 414 AB VOLVO: DEALS 369
TABLE 415 AB VOLVO: OTHERS 370
TABLE 416 CAF (SOLARIS BUS & COACH SP. Z O.O.): COMPANY OVERVIEW 371
TABLE 417 CAF (SOLARIS BUS & COACH SP. Z O.O.): PRODUCTS/SOLUTIONS OFFERED 373
TABLE 418 CAF (SOLARIS BUS & COACH SP. Z O.O.): PRODUCT LAUNCHES 374
TABLE 419 CAF (SOLARIS BUS & COACH SP. Z O.O.): OTHERS 374
TABLE 420 ZHONGTONG BUS HOLDING CO., LTD.: COMPANY OVERVIEW 376
TABLE 421 ZHONGTONG BUS HOLDING CO., LTD.: PRODUCTS/SOLUTIONS OFFERED 377
TABLE 422 ZHONGTONG BUS HOLDING CO., LTD.: DEALS 378
TABLE 423 CRRC CORPORATION LIMITED: COMPANY OVERVIEW 379
TABLE 424 CRRC CORPORATION LIMITED: PRODUCTS/SOLUTIONS OFFERED 381
TABLE 425 CRRC CORPORATION LIMITED: PRODUCT LAUNCHES 381
TABLE 426 CRRC CORPORATION LIMITED: DEALS 381
TABLE 427 CRRC CORPORATION LIMITED: EXPANSIONS 382
TABLE 428 CRRC CORPORATION LIMITED: OTHERS 382
TABLE 429 VDL GROEP: COMPANY OVERVIEW 383
TABLE 430 VDL GROEP: PRODUCTS/SOLUTIONS OFFERED 384
TABLE 431 VDL GROEP: PRODUCT LAUNCHES 385
TABLE 432 VDL GROEP: DEALS 385
TABLE 433 VDL GROEP: EXPANSIONS 386
TABLE 434 VDL GROEP: OTHERS 386
TABLE 435 EBUSCO: COMPANY OVERVIEW 387
TABLE 436 EBUSCO: PRODUCTS/SOLUTIONS OFFERED 388
TABLE 437 EBUSCO: PRODUCT ENHANCEMENTS 389
TABLE 438 EBUSCO: DEALS 389
TABLE 439 EBUSCO: OTHERS 390
TABLE 440 XIAMEN KING LONG INTERNATIONAL TRADING CO., LTD.: COMPANY OVERVIEW 391
TABLE 441 XIAMEN KING LONG INTERNATIONAL TRADING CO., LTD.:
PRODUCTS/SOLUTIONS OFFERED 392
TABLE 442 XIAMEN KING LONG INTERNATIONAL TRADING CO., LTD.: PRODUCT LAUNCHES 393
TABLE 443 XIAMEN KING LONG INTERNATIONAL TRADING CO., LTD.: OTHERS 394
LIST OF FIGURES
FIGURE 1 RESEARCH DESIGN 39
FIGURE 2 RESEARCH DESIGN MODEL 40
FIGURE 3 BREAKDOWN OF PRIMARY INTERVIEWS 43
FIGURE 4 RESEARCH METHODOLOGY: HYPOTHESIS BUILDING 44
FIGURE 5 BOTTOM-UP APPROACH 45
FIGURE 6 MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH METHODOLOGY 46
FIGURE 7 DATA TRIANGULATION 47
FIGURE 8 MARKET GROWTH PROJECTIONS FROM DEMAND-SIDE DRIVERS
AND OPPORTUNITIES 48
FIGURE 9 KEY FACTORS IMPACTING ELECTRIC BUS MARKET 48
FIGURE 10 REPORT SUMMARY 52
FIGURE 11 ELECTRIC BUS MARKET, BY REGION, 2025 VS. 2032 (USD MILLION) 53
FIGURE 12 ELECTRIC BUS MARKET, BY PROPULSION, 2025 VS. 2032 (USD MILLION) 54
FIGURE 13 INCREASING DEMAND FOR SUSTAINABLE TRANSPORT SOLUTIONS
AND GREEN TRANSPORTATION TO DRIVE MARKET 56
FIGURE 14 BATTERY ELECTRIC BUSES TO BE DOMINANT SEGMENT IN 2032 56
FIGURE 15 UP TO 300 MILES SEGMENT TO HOLD DOMINANT MARKET SHARE IN 2032 57
FIGURE 16 BATTERIES TO HOLD LARGEST MARKET SHARE IN 2032 57
FIGURE 17 GOVERNMENT SEGMENT TO DOMINATE IN 2032 58
FIGURE 18 UP TO 400 KWH TO BE DOMINANT SEGMENT IN 2032 58
FIGURE 19 LFP TO BE LARGEST BATTERY TYPE IN 2032 59
FIGURE 20 CITY/TRANSIT BUSES TO BE LARGEST SEGMENT IN 2032 59
FIGURE 21 UP TO 250 KW TO BE DOMINANT SEGMENT IN 2032 60
FIGURE 22 9-14 M TO BE LARGEST SEGMENT IN 2032 60
FIGURE 23 40–70 SEATS TO BE LARGEST SEGMENT IN 2032 61
FIGURE 24 10–20 TONNES SEGMENT TO BE LARGEST SEGMENT DURING FORECAST PERIOD 61
FIGURE 25 ASIA PACIFIC TO LEAD ELECTRIC BUS MARKET IN 2025 62
FIGURE 26 ELECTRIC BUS MARKET DYNAMICS 64
FIGURE 27 REGION-WISE PROGRAMS FOR ELECTRIC BUS ADOPTION 65
FIGURE 28 INCREASING DEMAND FOR GREEN VEHICLES 69
FIGURE 29 DECLINE IN BATTERY PRICE/KWH, 2010–2030 69
FIGURE 30 SAFETY CONCERNS IN ELECTRIC VEHICLE BATTERIES 71
FIGURE 31 BATTERY SAFETY ARCHITECTURE OUTLINE 72
FIGURE 32 AVERAGE COST OF OPERATIONS: DIESEL BUS VS. ELECTRIC BUS (USD/YEAR) 72
FIGURE 33 FUEL CELL PRODUCT LIFECYCLE 74
FIGURE 34 ELECTRIC BUS AS A SERVICE 77
FIGURE 35 ELECTRIC BUS MARKET ECOSYSTEM ANALYSIS 85
FIGURE 36 ECOSYSTEM MAPPING 85
FIGURE 37 ELECTRIC BUS MARKET: SUPPLY CHAIN ANALYSIS 87
FIGURE 38 TOTAL COST OF OWNERSHIP: 12-M ELECTRIC BUSES VS. 12-M DIESEL
BUSES (USD) 88
FIGURE 39 AVERAGE SELLING PRICE, BY APPLICATION, 2024 (USD) 89
FIGURE 40 AVERAGE SELLING PRICE, BY PROPULSION, 2024 (USD) 90
FIGURE 41 AVERAGE SELLING PRICE, BY REGION, 2024 (USD) 91
FIGURE 42 NUMBER OF PATENTS GRANTED FOR ELECTRIC BUSES,
JANUARY 2015–APRIL 2025 92
FIGURE 43 OPEX-BASED ELECTRIC BUS DEPLOYMENT 106
FIGURE 44 ELECTRIFICATION OF DOHA PUBLIC TRANSPORT IN 2022 108
FIGURE 45 TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS 112
FIGURE 46 BILL OF MATERIALS ANALYSIS 113
FIGURE 47 KEY BUYING CRITERIA FOR ELECTRIC BUSES, BY PROPULSION 115
FIGURE 48 KEY SUPPLIERS FOR MAJOR COMPONENTS OF ELECTRIC BUSES 116
FIGURE 49 INVESTMENT AND FUNDING SCENARIO, 2021–2025 119
FIGURE 50 ELECTRIC AND ICE BUS MODELS: BUS LENGTH VS. NUMBER OF SEATS 120
FIGURE 51 ELECTRIC BUS MODELS: BUS LENGTH VS. NUMBER OF SEATS 121
FIGURE 52 ELECTRIC BUS: BATTERY CAPACITY VS. DRIVE RANGE VS. PAX
FOR MERCEDES-BENZ E-CITARO 122
FIGURE 53 ELECTRIC BUS MARKET: FUTURE TECHNOLOGY OVERVIEW 128
FIGURE 54 ELECTRIC BUS MARKET: TECHNOLOGY ROADMAP 129
FIGURE 55 NEW PACKAGED FUEL CELL SYSTEM MODULE BY TOYOTA 131
FIGURE 56 ELECTRIC BUS MARKET, BY LENGTH OF BUS, 2025 VS. 2032 (USD MILLION) 136
FIGURE 57 ELECTRIC BUS MARKET, BY BATTERY TYPE, 2025 VS. 2032 (USD MILLION) 145
FIGURE 58 ELECTRIC BUS MARKET, BY BATTERY CAPACITY, 2025 VS. 2032 (USD MILLION) 156
FIGURE 59 ELECTRIC BUS MARKET, BY POWER OUTPUT, 2025 VS. 2032 (USD MILLION) 163
FIGURE 60 ELECTRIC BUS MARKET, BY RANGE, 2025 VS. 2032 (USD MILLION) 170
FIGURE 61 ELECTRIC BUS MARKET: RANGE VS. DIFFERENT DRIVING CONDITIONS 171
FIGURE 62 ELECTRIC BUS MARKET, BY SEATING CAPACITY, 2025 VS. 2032 (USD MILLION) 178
FIGURE 63 ELECTRIC BUS MARKET, BY APPLICATION, 2025 VS. 2032 (USD MILLION) 186
FIGURE 64 ELECTRIC BUS MARKET, BY CONSUMER, 2025 VS. 2032 (USD MILLION) 197
FIGURE 65 ELECTRIC BUS MARKET, BY GVW, 2025 VS. 2032 (UNITS) 204
FIGURE 66 ELECTRIC BUS MARKET, BY PROPULSION, 2025 VS. 2032 (USD MILLION) 210
FIGURE 67 ELECTRIC BUS MARKET, BY COMPONENT, 2025 VS. 2032 (USD MILLION) 217
FIGURE 68 ELECTRIC BUS MARKET, BY REGION, 2025 VS. 2032 (USD MILLION) 242
FIGURE 69 ASIA PACIFIC: REAL GDP GROWTH RATE, BY COUNTRY, 2024–2026 244
FIGURE 70 ASIA PACIFIC: GDP PER CAPITA, BY COUNTRY, 2024–2026 245
FIGURE 71 ASIA PACIFIC: INFLATION RATE AVERAGE CONSUMER PRICES,
BY COUNTRY, 2024–2026 245
FIGURE 72 ASIA PACIFIC: MANUFACTURING INDUSTRY’S CONTRIBUTION TO GDP, 2024 245
FIGURE 73 ASIA PACIFIC: ELECTRIC BUS MARKET SNAPSHOT 246
FIGURE 74 EUROPE: REAL GDP GROWTH RATE, BY COUNTRY, 2024-2026 259
FIGURE 75 EUROPE: GDP PER CAPITA, BY COUNTRY, 2024-2026 259
FIGURE 76 EUROPE: INFLATION RATE AVERAGE CONSUMER PRICES,
BY COUNTRY, 2024-2026 260
FIGURE 77 EUROPE MANUFACTURING INDUSTRY’S CONTRIBUTION TO GDP, 2024 260
FIGURE 78 EUROPE: ELECTRIC BUS MARKET, BY COUNTRY, 2025 VS. 2032 (USD MILLION) 262
FIGURE 79 NORTH AMERICA: REAL GDP GROWTH RATE, BY COUNTRY, 2024-2026 281
FIGURE 80 NORTH AMERICA: GDP PER CAPITA, BY COUNTRY, 2024-2026 281
FIGURE 81 NORTH AMERICA: CPI INFLATION RATE, BY COUNTRY, 2024-2026 282
FIGURE 82 NORTH AMERICA MANUFACTURING INDUSTRY’S CONTRIBUTION TO GDP, 2024 282
FIGURE 83 NORTH AMERICA: ELECTRIC BUS MARKET SNAPSHOT 283
FIGURE 84 LATIN AMERICA: REAL GDP ANNUAL PERCENTAGE CHANGE, 2024–2026 288
FIGURE 85 LATIN AMERICA: GDP PER CAPITA, 2024–2026 288
FIGURE 86 LATIN AMERICA: AVERAGE CPI INFLATION RATE, 2024–2026 289
FIGURE 87 LATIN AMERICA: MANUFACTURING INDUSTRY’S VALUE (AS PART OF GDP), 2024 289
FIGURE 88 LATIN AMERICA: ELECTRIC BUS MARKET, BY COUNTRY,
2025 VS. 2032 (USD MILLION) 289
FIGURE 89 MIDDLE EAST & AFRICA: REAL GDP ANNUAL PERCENTAGE CHANGE, 2024–2026 298
FIGURE 90 MIDDLE EAST & AFRICA: GDP PER CAPITA, 2024–2026 299
FIGURE 91 MIDDLE EAST & AFRICA: AVERAGE CPI INFLATION RATE, 2024–2026 299
FIGURE 92 MIDDLE EAST & AFRICA: MANUFACTURING INDUSTRY’S VALUE
(AS PART OF GDP), 2024 299
FIGURE 93 MIDDLE EAST & AFRICA: ELECTRIC BUS MARKET, BY COUNTRY,
2025 VS. 2032 (USD MILLION) 300
FIGURE 94 ASIA: MARKET SHARE OF KEY PLAYERS, 2024 308
FIGURE 95 EUROPE: MARKET SHARE OF KEY PLAYERS, 2024 309
FIGURE 96 NORTH AMERICA: MARKET SHARE OF KEY PLAYERS, 2024 310
FIGURE 97 REVENUE ANALYSIS FOR TOP LISTED PLAYERS, 2020–2024 313
FIGURE 98 ELECTRIC BUS MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2024 314
FIGURE 99 ELECTRIC BUS MARKET: COMPANY FOOTPRINT, 2024 315
FIGURE 100 ELECTRIC BUS MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2024 320
FIGURE 101 COMPANY VALUATION FOR KEY PLAYERS, 2024 (USD BILLION) 323
FIGURE 102 EV/EBITDA OF KEY PLAYERS, 2024 323
FIGURE 103 ELECTRIC BUS MARKET: BRAND/PRODUCT COMPARISON 324
FIGURE 104 BYD COMPANY LTD.: COMPANY SNAPSHOT 333
FIGURE 105 YUTONG BUS CO., LTD.: COMPANY SNAPSHOT 342
FIGURE 106 DAIMLER TRUCK AG: COMPANY SNAPSHOT 354
FIGURE 107 NFI GROUP: COMPANY SNAPSHOT 361
FIGURE 108 AB VOLVO: COMPANY SNAPSHOT 367
FIGURE 109 CAF (SOLARIS BUS & COACH SP. Z O.O.): COMPANY SNAPSHOT 372
FIGURE 110 ZHONGTONG BUS HOLDING CO., LTD.: COMPANY SNAPSHOT 377
FIGURE 111 CRRC CORPORATION LIMITED: COMPANY SNAPSHOT 380
FIGURE 112 VDL GROEP: COMPANY SNAPSHOT 384
FIGURE 113 EBUSCO: COMPANY SNAPSHOT 387
FIGURE 114 XIAMEN KING LONG INTERNATIONAL TRADING CO., LTD.: COMPANY SNAPSHOT 392
MarketsandMarkets（マーケッツアンドマーケッツ）は世界中の企業に高い評価を得ており、著名メディアでの引用頻度も高い、インドの最大手級の市場調査会社です。広範な市場を対象にした市場調査レポートを出版しています。
※MarketsandMarketsの調査レポートはほぼ全タイトルご注文後、最短3時間～12時間以内（営業日基準）にご納品可能です。
ライセンス別価格表
調査会社の事情により予告なしに変更されることがございます。最新の状況およびその他のパターンについてはお問い合わせください。
ライセンスタイプ1
| シングルユーザ | マルチユーザ | コーポレート | エンタープライズサイト |
| USD4,950 | USD6,650 | USD8,150 | USD10,000 |
ライセンスタイプ2
| シングルユーザ | マルチユーザ | コーポレート | エンタープライズサイト |
| USD7,150 | USD8,500 | USD9,650 | USD11,000 |
ライセンスタイプ3
| シングルユーザ | マルチユーザ | コーポレート | エンタープライズサイト |
| USD8,150 | お問合せください | お問合せください | お問合せください |
ライセンスタイプ4
| シングルユーザ | マルチユーザ | コーポレート | エンタープライズサイト |
| USD9,000 | USD10,500 | USD12,000 | USD13,500 |
ミニレポート ※定性調査にフォーカスした調査レポートです。詳細はお問合せください。
| シングルユーザ | コーポレート |
| USD 2,650 | USD 4,250 |
ご購入に関するご案内
価格・納期について
- 価格
- ウェブサイトに記載の外貨（定価）を見積日のTTSレートで換算後消費税を加えた金額が弊社からの請求金額になります。見積金額はレート変動に関係なく見積書発行日より2週間有効です。手数料（ハンドリングチャージ）無料。
- ライセンス
- シングルユーザライセンス
- 1名のみレポートファイルのご利用が可能です。
- マルチユーザライセンス
- 同一企業内（関連会社除く）5名までレポートファイルのご利用が可能です。
- コーポレートライセンス
- 同一企業および100％持株会社間・人数無制限でレポートファイルのご利用が可能です。
- エンタープライズサイトライセンス
- 特別ライセンスです。適用範囲についてはお問合せください。
- シングルユーザライセンス
- 納品形態
- Eメール
- 納期
- 最短3時間以内にご納品可能です。通常ご注文後24時間以内（営業日基準）
ご注文方法
- レポートページ内のお問い合わせフォームより見積もりをご請求ください。確認次第見積書と発注書をお送りいたします。既に弊社の見積書をお持ちの場合にはEメールまたはFAXでご注文ください。
その他
- 商品の性質上、ご注文後のキャンセル/返品/交換はできません。ご了承ください。
株式会社SEMABIZはMarketsandMarketsの日本に拠点をおく販売代理店として、MarketsandMarketsのレポートを販売しております。サンプルページのご依頼、見積り、レポートに関するご質問など購入前のご相談はいつでもお気軽にご連絡ください。
最新調査レポート
- 自動車用アラミド繊維市場規模、シェア、動向、2030年までの世界予測 2025-12-15
- ポリヒドロキシアルカノエート (PHA) 市場規模、シェア、動向、2030年までの世界予測 2025-12-15
- 複合輸送市場規模、シェア、動向、2032年までの世界予測 2025-12-12
- 有機酸市場規模、シェア、動向、2030年までの世界予測 2025-12-11
- ハイブリッドボンディング市場規模、シェア、動向、2032年までの世界予測 2025-12-11