Electric Bus and Hybrid Bus Market, Global Outlook and Forecast 2023-2032
A bus (archaically also omnibus, multibus, motorbus, autobus) is a road vehicle designed to carry many passengers. Buses can have a capacity as high as 300 passengers. The most common type of bus is the single-deck rigid bus, with larger loads carried by double-decker and articulated buses, and smaller loads carried by midibuses and minibuses; coaches are used for longer-distance services. Many types of buses, such as city transit buses and inter-city coaches, charge a fare. Other types, such as elementary or secondary school buses or shuttle buses within a post-secondary education campus do not charge a fare. In many jurisdictions, bus drivers require a special licence above and beyond a regular driver's licence.
This report aims to provide a comprehensive presentation of the global market for Electric Bus and Hybrid 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 and Hybrid Bus. This report contains market size and forecasts of Electric Bus and Hybrid Bus in global, including the following market information:
Global Electric Bus and Hybrid Bus Market Revenue, 2018-2023, 2024-2032, ($ millions)
Global Electric Bus and Hybrid Bus Market Sales, 2018-2023, 2024-2032, (K Units)
Global top five Electric Bus and Hybrid Bus companies in 2022 (%)
The global Electric Bus and Hybrid Bus market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
Electric Bus Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Electric Bus and Hybrid Bus include Yutong, Daimler, MAN, Solaris Bus & Coach, Volvo, Ashok Leyland, BYD, New Flyer and Otokar, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We has surveyed the Electric Bus and Hybrid Bus manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Electric Bus and Hybrid Bus Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (K Units)
Global Electric Bus and Hybrid Bus Market Segment Percentages, by Type, 2022 (%)
Electric Bus
Hybrids Bus
Global Electric Bus and Hybrid Bus Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (K Units)
Global Electric Bus and Hybrid Bus Market Segment Percentages, by Application, 2022 (%)
City Traffic
Inter-city Traffic
School
Other
Global Electric Bus and Hybrid Bus Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (K Units)
Global Electric Bus and Hybrid Bus Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Electric Bus and Hybrid Bus revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Electric Bus and Hybrid Bus revenues share in global market, 2022 (%)
Key companies Electric Bus and Hybrid Bus sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Electric Bus and Hybrid Bus sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Yutong
Daimler
MAN
Solaris Bus & Coach
Volvo
Ashok Leyland
BYD
New Flyer
Otokar
Scania
Tata Motors
King Long
Zhong Tong
Nanjing Gold Dragon
DFAC
CRRC
Foton
ANKAI
Guangtong
Gillig
Outline of Major Chapters:
Chapter 1: Introduces the definition of Electric Bus and Hybrid Bus, market overview.
Chapter 2: Global Electric Bus and Hybrid Bus market size in revenue and volume.
Chapter 3: Detailed analysis of Electric Bus and Hybrid Bus manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Electric Bus and Hybrid Bus in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: 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 8: Global Electric Bus and Hybrid Bus capacity by region & country.
Chapter 9: 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 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
