Electric Bus Market Share, Trends, and Analysis by 2028
Electric Bus Market: Strategic Insights
Electric Bus Market
-
CAGR (2021 - 2028)20.2% -
Market Size 2021
US$ 29.18 Billion -
Market Size 2028
US$ 105.81 Billion
Market Dynamics
GROWTH DRIVERS
- Environmental concerns
- Government policies promoting clean energy
FUTURE TRENDS
- Advancements in battery technology
- Growth of electric public transport fleets
OPPORTUNITIES
- Expansion in urban transport systems
- Government incentives for electric vehicles
Key Players
- AB Volvo
- King Long United Automotive Industry Co Ltd
- Shenzhen Wuzhoulong Motors Co Ltd
- BYD Company Ltd
- Daimler AG
- Ebusco
- CAF Group Solaris Bus Coach
- Proterra Inc
- NFI Group
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Vehicle Type
- Battery Electric Bus
- Hybrid electric Bus
- Plug-in Hybrid Electric Bus
Hybrid Powertrain
- Series Parallel Hybrid
- Parallel Hybrid
- Series Hybrid
Battery
- Lithium iron phosphate
- Lithium Nickel Manganese Cobalt Oxide
End User
- Public
- Private