The global Automotive Electric Bus market size is projected to reach USD 27.46 billion by 2029

An Electric Bus is any bus whose propulsion and accessory systems are powered exclusively by a zero-emissions electricity source. The electricity source can be onboard batteries, a generator to convert fuel to electricity, a hydrogen-fuel cell.

According to the new market research report “Global Automotive Electric Bus Market Report 2023-2029”, published by GlobalInfoResearch, the global Automotive Electric Bus market size is projected to reach USD 27.46 billion by 2029, at a CAGR of 10.5% during the forecast period.

• Global Automotive Electric Bus MarketSize(US$ Million), 2018-2029

Source: GlobalInfoResearch, “Global Automotive Electric Bus Market 2023 by Manufacturers, Regions, Type and Automotive Electric Bus, Forecast to 2029”.

• Global Automotive Electric Bus Top14Players Ranking and Market Share（Based on data of 2021, Continually updated）

Source: GlobalInfoResearch, “Global Automotive Electric Bus Market 2023 by Manufacturers, Regions, Type and Automotive Electric Bus, Forecast to 2029”.

The global key manufacturers of Automotive Electric Bus include Yutong Bus, BYD, CRRC Electric Vehicle, King Long Motor Group, Zhongtong Bus, Higer Bus, Ankai Automobile, Solaris Bus & Coach, New Flyer, Volvo, etc. In 2021, the global top five players had a share approximately 43.0% in terms of revenue.

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