Global Electric Bus Market
Global electric bus market by vehicle type (battery electric vehicle (BEV), fuel cell electric vehicle (FCEV), plug-in hybrid electric vehicle (PHEV)), by end user (government, fleet operators), by region (North America, Asia Pacific, Europe, Rest of the World (ROW)), industry snapshot, 2022-2028
The global electric bus market is anticipated to increase by USD 36.2 billion till 2028 at an average annual growth of 11.8 percent as per the latest report by Gen Consulting Company.
This industry report offers market estimates of the global market, followed by a detailed analysis of the vehicle type, end user, and region. The global market data on electric bus can be segmented by vehicle type: battery electric vehicle (BEV), fuel cell electric vehicle (FCEV), plug-in hybrid electric vehicle (PHEV). In 2021, the BEV segment made up the largest share of revenue generated by the electric bus market. Electric bus market is further segmented by end user: government, fleet operators. The government segment was the largest contributor to the global electric bus market in 2021. Based on region, the electric bus market is segmented into: North America, Asia Pacific, Europe, Rest of the World (ROW).
The global electric bus market is highly competitive. As of 2021, the major players in the global electric bus market were AB Volvo, Anhui Ankai Automobile Co. Ltd., BYD Co. Ltd., Daimler AG, Iveco S.p.A., New Flyer Industries Inc., Proterra Inc., Scannia AB, Xiamen King Long United Automotive Industry Co. Ltd., Zhengzhou Yutong Bus Co. Ltd.
The data-centric report focuses on market trends, status and outlook for segments. With comprehensive market assessment across the major geographies, the report is a valuable asset for the existing players, new entrants and the future investors.
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