The Bus Market is segmented by Propulsion Type (Hybrid and Electric Vehicles, ICE) and by Region (Africa, Asia-Pacific, Europe, Middle East, North America, South America). The report offers market size in both market value in USD and market volume in unit. Further, the report includes a market split by Vehicle Type, Vehicle Configuration, Vehicle Body Type, Propulsion Type, and Fuel Category.

The global bus market size was valued at USD 53.42 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 91.26 Billion by 2033, exhibiting a CAGR of 5.82% from 2025-2033. Asia Pacific currently dominates the market, holding a market share of over 40% in 2024. The market is driven by rising urbanization, government investments in public transport infrastructure, and increasing demand for electric and fuel-efficient buses due to environmental regulations. Additionally, advancements in autonomous and connected bus technologies, coupled with growing adoption of smart mobility solutions, are enhancing passenger convenience and operational efficiency, further fueling the market growth.

IMARC Group provides an analysis of the key trends in each segment of the global bus market, along with forecast at the global, regional, and country levels from 2025-2033. The market has been categorized based on type, fuel type, seat capacity, and application.

By 2027, the electric bus market is projected to amount to approximately 53 billion U.S. dollars. This represents a compound annual growth rate of around 9.5 percent across seven years, up from some 28 billion U.S. dollars in 2020. This growth is in part generated by the shift towards emission regulations from national governments.

The Electric Bus Market is segmented by Fuel Category (BEV, FCEV, HEV, PHEV) and by Region (Africa, Asia-Pacific, Europe, Middle East, North America, South America). The report offers market size in both market value in USD and market volume in unit. Further, the report includes a market split by Vehicle Type, Vehicle Configuration, Vehicle Body Type, Propulsion Type, and Fuel Category.

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Bus Market Size 2024-2028

The bus market size is estimated to increase by USD 19.07 billion, growing at a CAGR of 6.73% between 2023 and 2028. Market expansion hinges on various factors such as accelerated urbanization, stringent government regulations, incentives, and effective congestion and traffic management strategies. As cities grow rapidly, there is an increased demand for solutions that streamline transportation and infrastructure development. Government policies and incentives play a pivotal role in shaping market dynamics, encouraging innovation and investment in urban planning and mobility solutions. Effective congestion and traffic management strategies are crucial to optimizing urban mobility, reducing environmental impact, and enhancing quality of life. These factors collectively drive market growth in sectors ranging from transportation infrastructure and smart city technologies to sustainable urban development initiatives. Emphasizing sustainable and efficient urban solutions remains essential in meeting the challenges posed by urbanization while fostering economic growth and environmental stewardship.

What will be the Size of the Bus Market During the Forecast Period?

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Market Dynamics

In the transportation sector, vehicle configuration and fuel category significantly influence operating costs and fuel expenditures for various vehicles, including diesel transit vehicles and luxury coaches used in the tourism sector. With fluctuations in fossil fuel prices, operators of transit buses and tour buses navigate economic challenges while balancing passenger revenue and optimizing routes across the road network. Digital innovations like online ticketing and machine learning (ML) enhance operational efficiencies and passenger experience, streamlining booking processes and optimizing schedules. Addressing environmental pollution, particularly from air travel and road-based transport such as intercity and intracity buses, remains a priority. Governments and industry leaders focus on sustainable practices and integrating digital technology to mitigate environmental impacts while meeting the demands of modern transportation systems and enhancing overall travel experiences.

Key Driver

Rapid urbanization is the key factor driving the growth of the global market. Rapid urbanization has become a key driver for the global market in several countries, including the US, China, and India. There is a growing need for effective and environmentally friendly public transport systems, especially these vehicles, as cities such as Mumbai and Bangalore expand and populations concentrate in urban areas. The requirement to meet the transit needs of an expanding metropolitan population is a major driver of the global bus market. The Chinese government has made significant investments in public transportation infrastructure to accommodate the increased demand for public transportation in metropolitan areas, notably BRT networks.

Moreover, in China, more than 40 BRT lines were operating by 2020, handling millions of passengers daily. According to the United Nations Department of Economic and Social Affairs, 68% of the world's population is expected to reside in urban areas by 2050. This indicates the increased future demand for buses across the world, which is expected to drive the growth of the market during the forecast period.

Significant Trends

Technological advancements in electric vehicles are the primary trend shaping the global bus market growth. Since the global market is growing moderately, many manufacturers are entering into electric vehicle manufacturing. In addition, the need for technological advancements is also high - a factor that is encouraging electric bus manufacturers to focus on advancements in collaboration with technology-based companies. In line with this, Volvo and Nanyang Technological University in Singapore have signed a cooperation agreement on an R&D program for autonomous electric buses as a drive to create new solutions for sustainable public transport. It is expected that this technology, which is being developed by Volvo, will contribute to the future autonomous applications of Volvo.

Another technological advancement has been made to address the difficulty in charging - Li-ion batteries that can be charged with the help of solar power. For instance, Kiira Motors, a Uganda-based company, has come up with the Kayoola bus concept, which can run on solar power. Hence, the adoption of electric buses and significant technological advancements are expected to drive the demand for electric buses, which, in turn, will drive the market growth and trends during the forecast period.

Major Challenge

Inadequate bus infrastructure is a major challenge impeding the growth of the global market. The global market has significant challenges due to poor infrastructure, particularly in urb

According to Cognitive Market Research, the global Bus market size will be USD 51245.6 million in 2024. It will expand at a compound annual growth rate (CAGR) of 6.60% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 20498.24 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.8% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 15373.68 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 11786.49 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.6% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 2562.28 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.0% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 1024.91 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.3% from 2024 to 2031.
The double deck category is the fastest growing segment of the bus industry

Market Dynamics of Bus Market

Key Drivers for Bus Market

Increasing Urbanization and Demand for Public Transit to Boost Market Growth

The growing global urban population is a key driver of the bus market as cities strive to address the rising demand for efficient public transportation. Urbanization has led to heightened traffic congestion and environmental concerns, making buses a cost-effective and eco-friendly solution for mass transit. Governments and municipalities are expanding public bus networks to accommodate the commuting needs of urban dwellers, particularly in developing regions. Additionally, single-deck buses dominate urban settings for their ability to navigate crowded streets and provide frequent services. With rising fuel prices and the push for reducing carbon footprints, city planners are increasingly opting for electric and hybrid buses, enhancing the sustainability of public transit systems. This trend is further bolstered by the integration of smart technologies, such as GPS-enabled tracking and automated fare systems, making public bus services more accessible and efficient, ultimately driving market growth. In addition, the market is anticipated to grow during the projected period as a result of players in the industry adopting Buss. For instance, In the United States, public transportation systems have experienced substantial usage. In 2023, Americans travelled a total of 36.87 billion passenger miles and undertook 7.11 billion trips via public transit. Notably, 87% of these trips directly benefited the local economy, with 50% related to commuting to and from work and 37% for shopping and recreational activities.

Government Policies Promoting Electric and Hybrid Buses to Drive Market Growth

The bus market is significantly influenced by supportive government initiatives and policies encouraging the adoption of electric and hybrid buses. As concerns over climate change and air pollution grow, authorities across the globe are implementing stringent emission regulations and providing financial incentives for the transition to clean energy vehicles. Subsidies, tax benefits, and funding for electric and hybrid bus manufacturing and infrastructure development have accelerated the adoption of these eco-friendly options. For example, countries like China and India have launched large-scale electrification programs to reduce dependency on fossil fuels and improve urban air quality. Moreover, electric buses not only help in achieving sustainability goals but also offer lower operational costs over time, making them appealing to public and private transit operators. The emphasis on creating robust charging infrastructure and investing in advanced battery technologies further ensures the long-term viability of electric buses, driving their market growth.

Restraint Factor for the Bus Market

High Initial Investment Costs Will Limit Market Growth

One of the primary restraints in the bus market is the high initial investment costs associated with the production and procurement of modern buses, particularly electric and hybrid variants. Advanced buses equipped with eco-friendly powertrains, intelligent systems, and enhanced safety features require significant capi...

Bus Market size and share are expected to exceed USD 554,517 Million by 2032, with a compound annual growth rate (CAGR) of 4.6% during the forecast period.

The Report Covers School Bus Market Share and is Segmented by Power-Train Type (IC Engine, Electric, and Hybrid), Capacity Design (Type A, Type B, Type C, and Type D), and Geography (North America, Europe, Asia-Pacific, and Rest of the World). The Report Offers the Market Size and Forecasts in Terms of Value in USD Billions and Volume in Units for all the Above-Mentioned Segments.

The United States Electric Bus Market is segmented by Fuel Category (BEV, FCEV, HEV). The report offers market size in both market value in USD and market volume in unit. Further, the report includes a market split by Vehicle Type, Vehicle Configuration, Vehicle Body Type, Propulsion Type, and Fuel Category.

Bus Market Outlook

According to our latest research, the global bus market size reached USD 54.8 billion in 2024. The market is expected to grow at a robust CAGR of 6.1% from 2025 to 2033, reaching a forecasted value of USD 93.3 billion by 2033. This strong growth trajectory is primarily driven by rising urbanization, increasing demand for public transportation solutions, and significant investments in sustainable mobility initiatives worldwide. As per our comprehensive analysis, the bus market is witnessing a transformation fueled by technological advancements, changing regulatory frameworks, and evolving consumer preferences for eco-friendly mass transit options.

One of the most significant growth factors for the global bus market is the rapid urbanization across emerging economies, particularly in Asia Pacific and Latin America. As urban populations swell, there is an escalating need for efficient, high-capacity public transportation systems to alleviate traffic congestion and reduce carbon emissions. Governments are increasingly prioritizing investments in public transport infrastructure, including the procurement of modern buses that offer greater passenger comfort, safety, and operational efficiency. The integration of smart technologies, such as real-time tracking, digital ticketing, and passenger information systems, is further enhancing the appeal of buses as a primary mode of urban mobility, thereby driving market expansion.

Another pivotal driver is the global shift towards sustainable and low-emission transportation. The adoption of electric and hybrid buses is accelerating, supported by stringent emission regulations, government incentives, and growing environmental awareness among both public and private fleet operators. Technological advancements in battery technology, charging infrastructure, and powertrain efficiency are making electric and hybrid buses more viable and cost-effective. These developments are not only reducing the total cost of ownership for operators but are also helping cities meet their climate action targets. As a result, the fuel mix in the bus market is rapidly evolving, with electric and hybrid variants capturing an increasing share of new bus sales.

In addition to urban and environmental factors, the bus market is benefiting from the rising demand for intercity and school transportation services. The growth of tourism, expanding intercity connectivity, and the need for safe, reliable school transport options are all contributing to increased bus procurement. Private and public stakeholders are investing in fleet modernization, emphasizing safety features, passenger amenities, and operational reliability. This trend is particularly pronounced in developing regions, where improving access to education and enhancing regional mobility are key policy priorities. The convergence of these factors is expected to sustain the upward momentum of the global bus market over the coming decade.

Regionally, Asia Pacific dominates the global bus market, accounting for a substantial share of both production and consumption. The region’s robust growth is propelled by large-scale urbanization, government-led public transport initiatives, and the presence of leading bus manufacturers. China, India, and Southeast Asian countries are at the forefront of electric bus adoption, supported by favorable policies and significant infrastructure investments. Meanwhile, Europe is making significant strides in electrification and sustainability, driven by ambitious emission reduction targets and the expansion of green mobility programs. North America and Latin America are also witnessing steady growth, with a focus on fleet renewal and technological innovation. The Middle East & Africa, while comparatively smaller in market size, is experiencing increased demand for buses due to rapid urban development and infrastructure projects.

Vehicle Type Analysis

The bus market is segmented by vehicle type into single decker, double decker, articulated bus, mini bus, and others

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Articulated Bus Market Size 2024-2028

The articulated bus market size is forecast to increase by USD 1.88 billion at a CAGR of 5.68% between 2023 and 2028.

The market is witnessing significant growth due to several key factors. One of the primary reasons is the benefits that articulated buses offer over double-decker buses, including better maneuverability in tight city streets and increased passenger capacity. Another trend driving market growth is the increasing adoption of electric articulated buses, which contribute to reducing carbon emissions and improving air quality in urban areas. Design features include fuel-efficient propulsion systems, passenger-centric amenities, and emission regulations aimed at reducing greenhouse gas emissions and improving air quality. However, the inadequate bus infrastructure in many cities poses a challenge to the market's growth. Subsidies and incentives from governments and transit authorities help mitigate the financial risk for bus manufacturers, driving the market growth. Despite this, the market is expected to continue expanding as governments and transportation authorities invest in modernizing their public transportation systems. Overall, the market is an essential segment In the global public transportation industry, offering innovative solutions to address the growing demand for efficient and eco-friendly mass transit systems.

What will be the Size of the Articulated Bus Market During the Forecast Period?

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The market caters to the unique transportation needs of urban populations in dense areas, offering increased passenger capacity compared to conventional buses. These buses, also known as bendy buses or accordion buses, feature an articulated joint that allows them to maneuver effectively in crowded urban areas with limited road space. With a focus on low-floor designs and spacious interiors, articulated buses provide a more comfortable and accessible experience for passengers. Transit agencies in burgeoning cities increasingly turn to these buses to expand public transport options, addressing the challenges of rapid population growth and increasing road traffic. As the demand for eco-friendly and fuel-efficient bus transport solutions continues to rise, articulated buses, available in both single and double-decker configurations, offer a flexible and sustainable alternative to conventional buses.

How is this Articulated Bus Industry segmented and which is the largest segment?

The articulated bus industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Fuel Type

  Diesel
  Electric and hybrid
  Others


Type

  Single-decker bus
  Double-decker bus


Geography

  Europe

    Germany
    France


  APAC

    China


  North America



  South America



  Middle East and Africa

By Fuel Type Insights

The diesel segment is estimated to witness significant growth during the forecast period.

Articulated buses, available in both single-decker and double-decker configurations, cater to the transportation needs of dense urban areas and intracity routes. These buses, featuring low-floor designs and spacious interiors, accommodate larger passenger capacities compared to conventional buses. Transit agencies prioritize sustainable mobility initiatives, leading to the growing popularity of zero-emission electric buses. However, diesel buses continue to dominate the market due to their high range and versatility, suitable for long-haul intercity routes and areas with limited charging infrastructure.

Moreover, urban populations rely on buses for efficient and flexible transportation, especially in crowded city streets with tight turns. The vehicle market consists of various types, including single-decker buses, double-decker buses, airport shuttle services, tour & charter services, and ICE (Internal Combustion Engine) vehicles. Flexible construction and automation technologies, such as lane assist and collision avoidance, enhance safety and passenger comfort. Urban transportation and public transport options continue to evolve, with government laws and environmental concerns shaping the market landscape.

Get a glance at the Articulated Bus Industry report of share of various segments Request Free Sample

The diesel segment was valued at USD 2.95 billion in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

Europe is estimated to contribute 44% to the growth of the global market during the forecast period.

Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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Articulated bu

The North America Electric Bus Market is segmented by Fuel Category (BEV, FCEV, HEV) and by Country (Canada, Mexico, US). The report offers market size in both market value in USD and market volume in unit. Further, the report includes a market split by Vehicle Type, Vehicle Configuration, Vehicle Body Type, Propulsion Type, and Fuel Category.

The global electric bus market would likely grow at a CAGR of 13.60% during 2025-2034. The demand for electric buses is rising due to the fact that cities, private transit companies and schools are seeking alternatives to conventional buses; electric buses are considered more environmentally-friendly and economical. Many major countries across the world are looking to transform their bus fleets into electric. Asia, North America and Europe are likely to be key markets.

US School Bus Market size was valued at USD 7.9 Billion in 2024 and is expected to reach USD 14.6 Billion by 2032, growing at a CAGR of 7.9% from 2025 to 2032.

Key Market Drivers

Rising Student Population: The rising student population drive the US school Bus market. With total public-school enrollment expected to reach 52.1 million kids by 2025, a 3% increase from 2021, demand for school transportation services would increase. This increase demands fleet extension to accommodate additional students. School districts will invest on new buses, boosting market development.

Aging School Bus Fleet: The aging school bus fleet boost the US school Bus market. With 33% of buses over ten years old and an average fleet age of 9.3 years, there is an obvious need for replacement. Each year, approximately 40,000 new school buses are required to maintain fleet efficiency. This replacement demand prompts school districts to upgrade their fleets.

The global school bus market is projected to reach a valuation of $23.45 billion by 2033, expanding at a CAGR of 6.11% during the forecast period (2025-2033). The increasing demand for safe and reliable transportation for school children, coupled with government initiatives to enhance school bus safety, is driving market growth. Additionally, the rising adoption of electric and hybrid school buses to reduce emissions and improve fuel efficiency is further contributing to market expansion. The market is segmented based on school bus type (A, B, C, D, Transporter Body Style), fuel type (Gasoline, Diesel, Electric, Hybrid, CNG), seating capacity, drive system (4x2, 4x4, 6x4, 6x6), and safety features (Advanced Driver Assistance Systems (ADAS), Electronic Stability Control (ESC), Anti-lock Braking System (ABS)). Key players in the market include Mahindra Mahindra, SAFHolland, Tata Motors, Daimler Buses, Thomas Built Buses, Girardin Minibus, Yutong Bus, VDL Bus Coach, FAW Jiefang Automobile, Blue Bird Corporation, King Long United Automotive Industry, Ashok Leyland, IC Bus, Hino Motors, and Grupo Corvi. The market is expected to witness significant growth in the Asia Pacific region, particularly in countries such as China and India, due to rising population and government investments in education infrastructure.

School buses are specialized vehicles designed to transport students to and from school. They are typically equipped with safety features such as seat belts, flashing lights, and stop arms. School buses come in a variety of sizes and configurations to accommodate different needs. The global school bus market is expected to reach USD 35.57 billion by 2030, growing at a CAGR of 6.2% from 2023 to 2030. The market growth is attributed to increasing student population, rising government spending on education, and growing awareness about student safety. Key drivers for this market are: Electrification GPS Tracking Safety Enhancements Ridesharing Subscription-based Models. Potential restraints include: Growing government initiatives Rising safety concerns Technological advancements Increasing parental demand Expanding fleet size..

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Autonomous Bus Market Size 2025-2029

The autonomous bus market size is forecast to increase by USD 2.88 billion at a CAGR of 22.4% between 2024 and 2029.

The market is experiencing significant growth, driven by the increasing launch of new autonomous buses and the development of autonomous vehicle corridors. The number of autonomous buses in operation is on the rise, indicating a strong market demand. This trend is further fueled by the establishment of dedicated hybrid and autonomous vehicle corridors, which provide a safe and regulated environment for the deployment of these vehicles. However, the market also faces challenges, primarily in the form of cybersecurity threats. The input data highlights that autonomous buses are vulnerable to cyberattacks, which could compromise the safety and reliability of these vehicles.
This issue poses a significant challenge for market players, requiring them to invest in robust cybersecurity measures to protect their systems and maintain consumer trust. Companies seeking to capitalize on the opportunities presented by the market must address these challenges effectively to ensure the safe and efficient deployment of their vehicles.

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The market continues to evolve, driven by advancements in technology and shifting consumer preferences. Autonomous fleets are revolutionizing mass transit, with hybrid buses and electric vehicles leading the charge towards emission reduction and fuel efficiency. Route optimization and adaptive cruise control enable seamless passenger experience, while machine learning and sensor fusion enhance path planning and vehicle health monitoring. Autonomous driving is a key focus, with virtual testing and cloud computing facilitating the development of software-defined vehicles. Autonomous shuttle services and shared mobility solutions are gaining traction in urban mobility, addressing the last-mile delivery challenge. Regulatory frameworks are evolving to accommodate these innovations, with human-machine interface and passenger safety at the forefront.
On-demand transportation and predictive maintenance are essential components of fleet management, ensuring optimal performance and passenger experience. Autonomous navigation and obstacle detection are critical safety standards, with emergency braking and vehicle-to-vehicle communication further enhancing safety. Public acceptance is a crucial factor, with passenger information systems and vehicle-to-infrastructure communication playing a role in building trust. Continuous testing and validation, deep learning, and artificial intelligence are driving improvements in performance and reliability. The market's dynamics are ever-changing, with ongoing deployment strategies and evolving patterns shaping the future of autonomous buses.

How is this Autonomous Bus Industry segmented?

The autonomous bus industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Type

  Semi-autonomous
  Fully-autonomous


Propulsion

  Diesel
  Electric
  Hybrid


End-user

  Public transportation
  Private shuttle services
  Logistics and goods transport


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  APAC

    China
    India
    Japan
    South Korea


  Rest of World (ROW)

By Type Insights

The semi-autonomous segment is estimated to witness significant growth during the forecast period.

The market encompasses the development and implementation of buses with advanced technologies, including lane keeping, user experience, hybrid buses, last-mile delivery, fuel efficiency, route optimization, passenger safety, mass transit, path planning, software-defined vehicles, adaptive cruise control, camera systems, shared mobility, emission reduction, urban mobility, edge computing, over-the-air updates, vehicle health monitoring, electric buses, corporate transportation, autonomous shuttle, sensor fusion, fleet management, school transportation, vehicle-to-vehicle communication, machine learning, deployment strategies, passenger capacity, autonomous driving, virtual testing, cloud computing, automated guided vehicle, public transportation, regulatory framework, human-machine interface, passenger experience, on-demand transportation, safety standards, testing and validation, deep learning, public acceptance, passenger information system, predictive maintenance, artificial intelligence, emergency braking, obstacle detection, shuttle services, vehicle-to-infrastructure communication, and data analytics.

The semi-autonomous segment, which includes buses with driving automation at Level 3 or below, as defined by t

Dive into Market Research Intellect's Passenger Bus Market Report, valued at USD 50 billion in 2024, and forecast to reach USD 75 billion by 2033, growing at a CAGR of 5.5% from 2026 to 2033.

According to Cognitive Market Research, the global Electric Bus Market size will be USD 20 billion in 2024 and will expand at a compound annual growth rate (CAGR) of 15% from 2024 to 2031. Market Dynamics of Electric Bus Market

Key Drivers for Electric Bus Market

Increasing urbanization and the resulting demand for efficiency- One of the main reasons the Electric Bus Market is growing is that Governments and municipalities are incentivizing electric bus adoption through subsidies and stricter emissions regulations. Technological advancements in battery efficiency and charging infrastructure further enhance their appeal, reducing operational costs and extending range. Additionally, the growing public awareness of environmental issues supports the shift towards electric buses as a means to reduce carbon footprints and improve urban living conditions. This convergence of urbanization trends and environmental policies is accelerating the transition to electric buses globally.
Growing public awareness of environmental issues and the demand for cleaner, more sustainable public transportation solutions are driving the adoption of electric buses in cities.

Key Restraints for Electric Bus Market

Electric buses have a higher upfront cost compared to conventional diesel buses due to the expensive battery technology.
This is primarily driven by the expense of battery technology, which accounts for about 30-50% of the total cost of an electric bus. Lithium-ion batteries, commonly used in e-buses, are costly due to the materials, such as lithium, cobalt, and nickel, required for their production.

Introduction of the Electric Bus Market

Electric bus market refers to the segment of the transportation industry focused on the manufacturing, sales, and operation of buses powered by electric propulsion systems. These buses utilize electric motors and batteries instead of traditional internal combustion engines, resulting in zero tailpipe emissions and reduced environmental impact. The market encompasses various types of electric buses, including battery electric buses (BEBs), plug-in hybrid electric buses (PHEBs), and fuel cell electric buses (FCEBs). Factors driving the growth of this market include increasing concerns about air pollution, government initiatives promoting clean transportation, advancements in battery technology, and a growing awareness of the need for sustainable urban mobility solutions.

United States Electric Bus Market was valued at USD 738.21 Million in 2024 and is expected to reach USD 1161.07 Million by 2030 with a CAGR of 7.8%

Electric Bus Market size was valued USD 41.6 billion in 2022 and is expected to reach USD 672.4 billion in 2030, expanding at a CAGR a 41.6% till 2030