Electric Bus Market Size, Share, Trends & Analysis by 2032
The electric bus market is entering a period of remarkable transformation, as city transit authorities, school districts and private operators pivot away from diesel-powered fleets toward zero-emission alternatives. Rising environmental regulations, falling battery costs and improved charging infrastructure are at the heart of this shift. In looking deeper at the Electric Bus Market Size, we find...
Electric Bus Market Size, Share, Trends & Analysis Report 2032
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%. Government subsidies and funding from local and national transit agencies make large-scale electric bus adoption financially sustainable worldwide. This shift is further boosted by progress in advanced battery chemistries and faster charging technology, which have extended...
Electric Bus Market Trends, Technologies & Global Forecast to 2030
The global electric bus market is estimated to grow from USD 17.0 billion in 2024 to USD 37.5 billion by 2030, with a CAGR of 14.2% over the forecast period.
The growth of the electric bus market is driven by countries prioritizing the electrification of their public transportation fleets with zero-emission mobility through subsidies, tax exemptions, and favorable regulations prompted by emission...