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    Automotive Electric Bus Market

    ID: 2311
    128 Pages
    Research Team
    08/2023

    Automotive Electric Bus Market Research Report Information By Type (Single-Decker, and Double-Decker), By Propulsion (BEV, PHEV, and FCEV), By Length (6 to 8 m, 9 to 12 m, and Above 12 m.), and By Region (North America, Europe, Asia-Pacific, Middle East & Africa, and South America) –Market Forecast Till 2032

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    Market Summary

    Research methodology on Automotive Electric Bus Market


    1. Introduction


    The purpose of this research methodology is to provide a consistent, reliable and valid method for the analysis of the Automotive Electric Bus Market report produced by Market Research Future (MRF). This report covers the current market size and potential opportunities in the future. This research methodology is used to support the conclusions obtained and is the basis for the comparison of trends, drivers and restraints in the industry, as well as regional comparisons.


    2. Research Proposal and Design


    To analyze the Automotive Electric Bus Market report produced by MRFR, a research proposal and design are implemented to provide comprehensive information on the market. The research methodology is designed to account for the qualitative and quantitative data, as well as both primary and secondary sources, necessary to analyze the market. The research proposal includes the following steps:



    • A comprehensive literature review of the Automotive Electric Bus Market.

    • Market size assessment and an understanding of the competitive landscape.


    Market segmentation



    • Identification of the industry’s drivers, restraints, and opportunities

    • Establishment of key industry trends

    • Gathering and analyzing secondary sources relating to the market

    • Developing and utilizing data mining techniques for quantitative analysis

    • Interviewing industry experts for qualitative insights

    • Validation of collected data


    3. Data Collection


    The data collection process for this research methodology relied heavily on primary and secondary sources. Primary sources include interviews with key players in the industry and expert opinions, while secondary sources include industry reports, research papers and surveys.


    A. Primary Data


    One of the primary sources of data gathering is interviews with industry experts, such as Automotive Electric Bus (AEB) industry experts, OEMs and suppliers. Interviews consisted of both structured and semi-structured formats, conducted through phone and in-person interviews. Interviews are conducted to gain a deeper understanding of the industry, potential challenges faced by market trends, and growth opportunities.


    B. Secondary Data


    Industry reports, white papers, research publications, surveys, and news articles concerning the Automotive Electric Bus market are major secondary sources of data. As part of the research, numerous secondary sources are procured and reviewed to develop the data needed for the report's analysis.


    4. Sampling Methods


    The sampling method used for this research is a nonprobability sampling method. Due to limited resources, the sample size is small, allowing for the collection of data from an industry expert panel through interviews.


    5. Data Analysis


    Quantitative analysis is used for the analysis of the data collected. Statistical analysis is conducted by analyzing the data against industry norms, historical trends and other lagging indicators of relevance to the Automotive Electric Bus industry.


    6. Ethical Considerations


    Ethical consideration is taken into account during the research process, as all research projects must ensure that participant confidentiality and data accuracy are maintained. Furthermore, proper regulations, laws and guidelines applicable to the industry and research process are followed.


    7. Conclusion


    As a result of our research methodology, it can provide a comprehensive assessment of the Automotive Electric Bus Market. This research has produced a detailed understanding of the market trends, drivers, restraints and opportunities. The data collected through the research process is validated and analyzed for the final report. The results of this research are used to produce valuable insights and provide an accurate overview of the industry.

    Market Size & Forecast

    Attribute/Metric Details
    Market Size2023 USD 272309.6 million
    Market Size 2024 USD 371974.91 million
    Market Size 2032 USD 4499850 million
    Compound Annual Growth Rate (CAGR) 36.56% (2024-2032)
    Base Year 2023
    Market Forecast Period 2024-2032
    Historical Data 2019- 2023
    Market Forecast Units Value (USD million )
    Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
    Segments Covered Type, Propulsion, Length, and Region
    Geographies Covered North America, Europe, Asia-Pacific, Middle East & Africa, and South America
    Countries Covered The U.S, Germany, Canada, U.K., Italy, France, Spain, Japan, China, Australia, India, South Korea, and Brazil
    Key Companies Profiled MAN, Volvo, Yutong, BYD, Proterra, VDL GROEP, Mercedes Benz AG, NFI group, EBUSCO, and Zhong tong Bus Holding.
    Key Market Opportunities Developing EV Charging Infrastructure
    Key Market Dynamics Government initiatives to encourage adoption of electric buses Low operating cost

    Major Players

    Automotive Electric Bus Market Segmentation

    Automotive Electric Bus Type Outlook (USD Million, 2018-2032)

    • Single-Decker
    • Double-Decker

    Automotive Electric Bus Propulsion Outlook

    • Battery Electric Vehicle (BEV)
    • Plug-in Hybrid Electric Vehicle (PHEV)
    • Fuel Cell Electric Vehicle (FCEV)

    Automotive Electric Bus Length Outlook

    • 6 to 8 m
    • 9 to 12 m
    • Above 12 m

    Automotive Electric Bus Regional Outlook (USD Million, 2018-2032)

    • North America Outlook (USD Million, 2018-2032)
      • North America Automotive Electric Bus by Type
        • Single-Decker
        • Double-Decker
      • North America Automotive Electric Bus by Propulsion
        • Battery Electric Vehicle (BEV)
        • Plug-in Hybrid Electric Vehicle (PHEV)
        • Fuel Cell Electric Vehicle (FCEV)
      • North America Automotive Electric Bus by Length
        • 6 to 8 m
        • 9 to 12 m
        • Above 12 m
      • US Outlook (USD Million, 2018-2032)
      • US Automotive Electric Bus by Type
        • Single-Decker
        • Double-Decker
      • US Automotive Electric Bus by Propulsion
        • Battery Electric Vehicle (BEV)
        • Plug-in Hybrid Electric Vehicle (PHEV)
        • Fuel Cell Electric Vehicle (FCEV)
      • US Automotive Electric Bus by Length
        • 6 to 8 m
        • 9 to 12 m
        • Above 12 m
      • CANADA Outlook (USD Million, 2018-2032)
      • CANADA Automotive Electric Bus by Type
        • Single-Decker
        • Double-Decker
      • CANADA Automotive Electric Bus by Propulsion
        • Battery Electric Vehicle (BEV)
        • Plug-in Hybrid Electric Vehicle (PHEV)
        • Fuel Cell Electric Vehicle (FCEV)
      • CANADA Automotive Electric Bus by Length
        • 6 to 8 m
        • 9 to 12 m
        • Above 12 m
      • Mexico Outlook (USD Million, 2018-2032)
      • Mexico Automotive Electric Bus by Type
        • Single-Decker
        • Double-Decker
      • Mexico Automotive Electric Bus by Propulsion
        • Battery Electric Vehicle (BEV)
        • Plug-in Hybrid Electric Vehicle (PHEV)
        • Fuel Cell Electric Vehicle (FCEV)
      • Mexico Automotive Electric Bus by Length
        • 6 to 8 m
        • 9 to 12 m
        • Above 12 m
      • Europe Outlook (USD Million, 2018-2032)
        • Europe Automotive Electric Bus by Type
          • Single-Decker
          • Double-Decker
        • Europe Automotive Electric Bus by Propulsion
          • Battery Electric Vehicle (BEV)
          • Plug-in Hybrid Electric Vehicle (PHEV)
          • Fuel Cell Electric Vehicle (FCEV)
        • Europe Automotive Electric Bus by Length
          • 6 to 8 m
          • 9 to 12 m
          • Above 12 m
        • Germany Outlook (USD Million, 2018-2032)
        • Germany Automotive Electric Bus by Type
          • Single-Decker
          • Double-Decker
        • Germany Automotive Electric Bus by Propulsion
          • Battery Electric Vehicle (BEV)
          • Plug-in Hybrid Electric Vehicle (PHEV)
          • Fuel Cell Electric Vehicle (FCEV)
        • Germany Automotive Electric Bus by Length
          • 6 to 8 m
          • 9 to 12 m
          • Above 12 m
        • France Outlook (USD Million, 2018-2032)
        • France Automotive Electric Bus by Type
          • Single-Decker
          • Double-Decker
        • France Automotive Electric Bus by Propulsion
          • Battery Electric Vehicle (BEV)
          • Plug-in Hybrid Electric Vehicle (PHEV)
          • Fuel Cell Electric Vehicle (FCEV)
        • France Automotive Electric Bus by Length
          • 6 to 8 m
          • 9 to 12 m
          • Above 12 m
        • UK Outlook (USD Million, 2018-2032)
        • UK Automotive Electric Bus by Type
          • Single-Decker
          • Double-Decker
        • UK Automotive Electric Bus by Propulsion
          • Battery Electric Vehicle (BEV)
          • Plug-in Hybrid Electric Vehicle (PHEV)
          • Fuel Cell Electric Vehicle (FCEV)
        • UK Automotive Electric Bus by Length
          • 6 to 8 m
          • 9 to 12 m
          • Above 12 m
        • ITALY Outlook (USD Million, 2018-2032)
        • ITALY Automotive Electric Bus by Type
          • Single-Decker
          • Double-Decker
        • ITALY Automotive Electric Bus by Propulsion
          • Battery Electric Vehicle (BEV)
          • Plug-in Hybrid Electric Vehicle (PHEV)
          • Fuel Cell Electric Vehicle (FCEV)
        • ITALY Automotive Electric Bus by Length
          • 6 to 8 m
          • 9 to 12 m
          • Above 12 m
        • RUSSIA Outlook (USD Million, 2018-2032)
        • Russia Automotive Electric Bus by Type
          • Single-Decker
          • Double-Decker
        • Russia Automotive Electric Bus by Propulsion
          • Battery Electric Vehicle (BEV)
          • Plug-in Hybrid Electric Vehicle (PHEV)
          • Fuel Cell Electric Vehicle (FCEV)
        • Russia Automotive Electric Bus by Length
          • 6 to 8 m
          • 9 to 12 m
          • Above 12 m
        • Rest Of Europe Outlook (USD Million, 2018-2032)
        • REST OF EUROPE Automotive Electric Bus by Type
          • Single-Decker
          • Double-Decker
        • REST OF EUROPE Automotive Electric Bus by Propulsion
          • Battery Electric Vehicle (BEV)
          • Plug-in Hybrid Electric Vehicle (PHEV)
          • Fuel Cell Electric Vehicle (FCEV)
        • REST OF EUROPE Automotive Electric Bus by Length
          • 6 to 8 m
          • 9 to 12 m
          • Above 12 m
        • Asia-Pacific Outlook (USD Million, 2018-2032)
          • Asia-Pacific Automotive Electric Bus by Type
            • Single-Decker
            • Double-Decker
          • Asia-Pacific Automotive Electric Bus by Propulsion
            • Battery Electric Vehicle (BEV)
            • Plug-in Hybrid Electric Vehicle (PHEV)
            • Fuel Cell Electric Vehicle (FCEV)
          • Asia-Pacific Automotive Electric Bus by Length
            • 6 to 8 m
            • 9 to 12 m
            • Above 12 m
          • China Outlook (USD Million, 2018-2032)
          • China Automotive Electric Bus by Type
            • Single-Decker
            • Double-Decker
          • China Automotive Electric Bus by Propulsion
            • Battery Electric Vehicle (BEV)
            • Plug-in Hybrid Electric Vehicle (PHEV)
            • Fuel Cell Electric Vehicle (FCEV)
          • China Automotive Electric Bus by Length
            • 6 to 8 m
            • 9 to 12 m
            • Above 12 m
          • Japan Outlook (USD Million, 2018-2032)
          • Japan Automotive Electric Bus by Type
            • Single-Decker
            • Double-Decker
          • Japan Automotive Electric Bus by Propulsion
            • Battery Electric Vehicle (BEV)
            • Plug-in Hybrid Electric Vehicle (PHEV)
            • Fuel Cell Electric Vehicle (FCEV)
          • Japan Automotive Electric Bus by Length
            • 6 to 8 m
            • 9 to 12 m
            • Above 12 m
          • India Outlook (USD Million, 2018-2032)
          • India Automotive Electric Bus by Type
            • Single-Decker
            • Double-Decker
          • India Automotive Electric Bus by Propulsion
            • Battery Electric Vehicle (BEV)
            • Plug-in Hybrid Electric Vehicle (PHEV)
            • Fuel Cell Electric Vehicle (FCEV)
          • India Automotive Electric Bus by Length
            • 6 to 8 m
            • 9 to 12 m
            • Above 12 m
          • South Korea Outlook (USD Million, 2018-2032)
          • South Korea Automotive Electric Bus by Type
            • Single-Decker
            • Double-Decker
          • South Korea Automotive Electric Bus by Propulsion
            • Battery Electric Vehicle (BEV)
            • Plug-in Hybrid Electric Vehicle (PHEV)
            • Fuel Cell Electric Vehicle (FCEV)
          • South Korea Automotive Electric Bus by Length
            • 6 to 8 m
            • 9 to 12 m
            • Above 12 m
          • Rest of Asia-Pacific Outlook (USD Million, 2018-2032)
          • Rest of Asia-Pacific Automotive Electric Bus by Type
            • Single-Decker
            • Double-Decker
          • Rest of Asia-Pacific Automotive Electric Bus by Propulsion
            • Battery Electric Vehicle (BEV)
            • Plug-in Hybrid Electric Vehicle (PHEV)
            • Fuel Cell Electric Vehicle (FCEV)
          • Rest of Asia-Pacific Automotive Electric Bus by Length
            • 6 to 8 m
            • 9 to 12 m
            • Above 12 m
          • Middle East & Africa Outlook (USD Million, 2018-2032)
            • Middle East & Africa Automotive Electric Bus by Type
              • Single-Decker
              • Double-Decker
            • Middle East & Africa Automotive Electric Bus by Propulsion
              • Battery Electric Vehicle (BEV)
              • Plug-in Hybrid Electric Vehicle (PHEV)
              • Fuel Cell Electric Vehicle (FCEV)
            • Middle East & Africa Automotive Electric Bus by Length
              • 6 to 8 m
              • 9 to 12 m
              • Above 12 m
            • South America Outlook (USD Million, 2018-2032)
            • South America Automotive Electric Bus by Type
              • Single-Decker
              • Double-Decker
            • South America Automotive Electric Bus by Propulsion
              • Battery Electric Vehicle (BEV)
              • Plug-in Hybrid Electric Vehicle (PHEV)
              • Fuel Cell Electric Vehicle (FCEV)
            • South America Automotive Electric Bus by Length
              • 6 to 8 m
              • 9 to 12 m
              • Above 12 m
            • Brazil Outlook (USD Million, 2018-2032)
            • Brazil Automotive Electric Bus by Type
              • Single-Decker
              • Double-Decker
            • Brazil Automotive Electric Bus by Propulsion
              • Battery Electric Vehicle (BEV)
              • Plug-in Hybrid Electric Vehicle (PHEV)
              • Fuel Cell Electric Vehicle (FCEV)
            • Brazil Automotive Electric Bus by Length
              • 6 to 8 m
              • 9 to 12 m
              • Above 12 m
            • Argentina Outlook (USD Million, 2018-2032)
            • Argentina Automotive Electric Bus by Type
              • Single-Decker
              • Double-Decker
            • Argentina Automotive Electric Bus by Propulsion
              • Battery Electric Vehicle (BEV)
              • Plug-in Hybrid Electric Vehicle (PHEV)
              • Fuel Cell Electric Vehicle (FCEV)
            • Argentina Automotive Electric Bus by Length
              • 6 to 8 m
              • 9 to 12 m
              • Above 12 m
            • Rest of South America Outlook (USD Million, 2018-2032)
            • Rest of South America Automotive Electric Bus by Type
              • Single-Decker
              • Double-Decker
            • Rest of South America Automotive Electric Bus by Propulsion
              • Battery Electric Vehicle (BEV)
              • Plug-in Hybrid Electric Vehicle (PHEV)
              • Fuel Cell Electric Vehicle (FCEV)
            • Rest of South America Automotive Electric Bus by Length
              • 6 to 8 m
              • 9 to 12 m
              • Above 12 m

    Market Trends

    Automotive Electric Bus Market Overview

    The Automotive Electric Bus Market size was valued at USD 272309.6 million in 2023. The Automotive Electric Bus industry is projected to grow from USD 371974.91 million in 2024 to USD 4499850 million by 2032, exhibiting a compound annual growth rate (CAGR) of 36.56% during the forecast period (2024–2032). Increasing government initiatives to encourage adoption of electric buses & low operating cost are some of the key market drivers boosting the growth of the automotive electric bus market. 

    Automotive Electric Bus Market Overview   

    Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review

    Automotive Electric Bus Market Drivers

      • Government initiatives to encourage adoption of electric buses

    Governments worldwide, including the US, China, and India, are taking initiatives to increase awareness regarding the use of electric vehicles to control the adverse impact on the environment and foreign exchange reserves. For instance, according to the International Council on Clean Transportation is working with the Zero Emission Vehicle regulation, progressive electric utility policies, greater model availability & marketing, consumer ...

    Market Segment Insights

    Smartphone Sensors Smartphone Type Insights

    The Smartphone Sensors market segmentation, based on smartphone type, includes standard smartphone, rugged smartphone, smartwatches, and other wearable. The standard smartphone segment dominated the market, accounting for the maximum market revenue. A smartphone is a mobile phone with a built-in computer and advanced features, such as web browsing and operating system, which are not associated with its counterpart. The rising mobile internet use, rising disposable income in developing countries, and high ownership of premium design smartphones are a few factors that are anticipated to grow smartphone sales. Smartphones are helped by a mobile operating system that offers advanced computing facilities. A smartphone can also work as a digital media player for uploading photos, videos, and music through a single interface.

    Smartphone Sensors Market, By Device Type Outlook, 2024 & 2035

    Smartphone Sensors Manufacturer Insights

    The Smartphone Sensors market segmentation, based on the manufacturer, includes Apple Inc., Samsung Electronics, Huawei Technology, Xiaomi Inc., Oppo, Sony Corporation, HMD Global, and others. The Apple Inc. segment generated the most revenue due to its superior quality. Apple’s iPhone stands out over all other smartphones in the market. Apple Inc. is the market leader because they use more sensors in their devices to provide unique features. For Instance: Apple’s iPhone 12 uses a lidar for depth sensing, proximity for 3D touch, a gyroscope for compass, GPS, face ID for biometrics, auto-off, a barometer, a magnetometer for compass & GPS, and an ambient light sensor for auto-dimming displays. The better user experience, increased accessibility, and more security these sensors offer consumers to boost the segment‘s growth.

    Smartphone Sensors Application Insights

    The Smartphone Sensors market segmentation, based on the manufacturer, includes Apple Inc., Samsung Electronics, Huawei Technology, Xiaomi Inc., Oppo, Sony Corporation, HMD Global, and others. The Apple Inc. segment generated the most revenue due to its superior quality. Apple’s iPhone stands out over all other smartphones in the market. Apple Inc. is the market leader because they use more sensors in their devices to provide unique features. For Instance: Apple’s iPhone 12 uses a lidar for depth sensing, proximity for 3D touch, a gyroscope for compass, GPS, face ID for biometrics, auto-off, a barometer, a magnetometer for compass & GPS, and an ambient light sensor for auto-dimming displays. The better user experience, increased accessibility, and more security these sensors offer consumers to boost the segment‘s growth.

    Smartphone Sensors Regional Insights

    The Smartphone Sensors market segmentation, based on the manufacturer, includes Apple Inc., Samsung Electronics, Huawei Technology, Xiaomi Inc., Oppo, Sony Corporation, HMD Global, and others. The Apple Inc. segment generated the most revenue due to its superior quality. Apple’s iPhone stands out over all other smartphones in the market. Apple Inc. is the market leader because they use more sensors in their devices to provide unique features. For Instance: Apple’s iPhone 12 uses a lidar for depth sensing, proximity for 3D touch, a gyroscope for compass, GPS, face ID for biometrics, auto-off, a barometer, a magnetometer for compass & GPS, and an ambient light sensor for auto-dimming displays. The better user experience, increased accessibility, and more security these sensors offer consumers to boost the segment‘s growth.

    Smartphone Sensors Market, By Device Type Outlook, 2024 & 2035

    Smartphone Sensors Price Insights

    The Smartphone Sensors market segmentation, based on price, includes USD 300 to USD 500, USD 100 to USD 300, above USD 500, and under USD 100. The USD 300 to USD 500 segment dominated the market revenue in the projected period. Most smartphones sold in medium-end devices have a sensor within this range. For instance: Nubia launched a new flagship Android device powered by the latest Snapdragon 8Gen 2CPU. The OEM has also specified that this gadget, which peculiarly seems to go by the name Z50 even though its processor was the z40 Pro, will compete with the Xiaomi 13 and iQOO11 series with cutting-edge LPDDR5X RAM and storage with the most recent UFS 4.0 spec.

    Get more detailed insights about Automotive Electric Bus Market

    Key Players and Competitive Insights

    Leading market players are investing heavily in research and development to expand their product lines, which will help the Smartphone Sensors market, grow even more. Market participants are also undertaking various strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and growing market climate, the Smartphone Sensors industry must offer cost-effective items.

    Manufacturing locally to minimize operational costs is one of the key business tactics manufacturers use in the Smartphone Sensors industry to benefit clients and increase the market sector. In recent years, the Smartphone Sensors industry has offered manufacturers some of the most significant advantages. Major players in the Smartphone Sensors market, including MS AG (Austria), Broadcom Inc. (US), DYNA IMAGE Corporation (China), Murata Electronics Oy (Finland), NEXT Biometrics Group ASA (Norway), Omron Corporation (Japan), Samsung Electronics Co. Ltd. (South Korea), Sony Corporation (Japan)., and others, are attempting to increase market demand by investing in research and development operations.

    Samsung is dedicated to abiding by local laws and regulations and enforcing a strict code of conduct for all employees. Samsung adheres to a straightforward business tent: to usage its technology and expertise to develop top-notch goods and services that make a more cultured world. Samsung provides a high importance on its people and technologies to do this. For Instance: In January 2023, Samsung Electronics launched its new MICRO LED, Neo QLED, and Samsung OLED product lines, along with lifestyle products and accessories, before CES® 2023.

    Apple Inc. is a multinational American technology business with its main office in Cupertino, California. According to revenue, Apple will be the top technological business in the world in 2022, with US $ 394.3 billion in sales. According to market capitalization, Apple is the largest corporation in the world as of March 2023. For Instance: In September 2022, the iPhone 14 and iPhone 14 Plus, which come in two sizes, 6.1 and 6.7 inches and include a smart design, camera upgrades, and game-changing new safety measures, were introduced by Apple. The iPhone 14 and iPhone 14 Plus have a powerful camera system that incorporates the primary and front TrueDepth cameras, the Ultra Wide camera for uncommon perspectives, and the photonic engine, an enhanced picture pipeline.

    Key Companies in the Smartphone Sensors market include

    MS AG (Austria)
    MS AG (Austria)
    MS AG (Austria)
    MS AG (Austria)
    MS AG (Austria)
    MS AG (Austria)
    MS AG (Austria)

    Industry Developments

    • September 2022: Comcast and Samsung Electronics announced their partnership to create 5G Radio Access Network (RAN) technologies to enhance 5G connection for Xfinity Mobile and Comcast Business Mobile users in Comcast service zones. Samsung will provide 5G RAN technology, and Comcast will deploy Citizens Broadband Radio Service (CBRS) and 600 MHz spectrum to provide 5G access to consumer and business users in the US.
    • October 2022: Huawei announced the release of the newest antenna solutions, including the Maxwell platform and the X2 antenna series, for the subsequent 5G antenna innovation stage. The new technologies speed up 5G deployment by improving antenna and setup capabilities.

    Market Segmentation

    Smartphone Type Outlook

    • Standard Smartphone
    • Rugged Smartphone
    • Smartwatches
    • Other Wearable

    Price Outlook

    • USD 300 to USD 500
    • USD 100 to USD 300
    • Above USD 500
    • Under USD 100

    Manufacturer Outlook

    • Apple Inc.
    • Samsung Electronics
    • Huawei Technology
    • Xiaomi Inc.
    • Oppo
    • Sony Corporation
    • HMD Global

    Application Outlook

    • High-Level
    • Mid-Level
    • Low-Level

    Manufacturer Outlook

    North America
    • US
    • Canada
    Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Rest of Europe
    Asia-Pacific
    • China
    • Japan
    • India
    • Italy
    • Australia
    • South Korea
    • Rest of Asia-Pacific
    Rest of the World
    • Middle East
    • Africa
    • Latin America

    Report Scope

    Attribute/Metric Details
    Market Size2023 USD 272309.6 million
    Market Size 2024 USD 371974.91 million
    Market Size 2032 USD 4499850 million
    Compound Annual Growth Rate (CAGR) 36.56% (2024-2032)
    Base Year 2023
    Market Forecast Period 2024-2032
    Historical Data 2019- 2023
    Market Forecast Units Value (USD million )
    Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
    Segments Covered Type, Propulsion, Length, and Region
    Geographies Covered North America, Europe, Asia-Pacific, Middle East & Africa, and South America
    Countries Covered The U.S, Germany, Canada, U.K., Italy, France, Spain, Japan, China, Australia, India, South Korea, and Brazil
    Key Companies Profiled MAN, Volvo, Yutong, BYD, Proterra, VDL GROEP, Mercedes Benz AG, NFI group, EBUSCO, and Zhong tong Bus Holding.
    Key Market Opportunities Developing EV Charging Infrastructure
    Key Market Dynamics Government initiatives to encourage adoption of electric buses Low operating cost

    Market Highlights

    Author

    Aarti Dhapte
    Team Lead - Research

    She holds an experience of about 6+ years in market research and business consulting, working under the spectrum of information communication technology, telecommunications and semiconductor domains. aarti conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. her expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc.

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    Latest Comments

    John Doe
    john@example.com

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    Posted on July 23, 2025, 10:15 AM
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    Posted on July 22, 2025, 7:45 PM

    FAQs

    At what CAGR is the automotive electric bus market anticipated to augment?

    The automotive electric bus market is prognosticated to register 22.8% CAGR.

    What is anticipated to be the valuation of the automotive electric bus market by 2023?

    The valuation of the automotive electric bus market is expected to USD 82.5 Bn.

    By charging technology, what are the segments of the automotive electric bus market?

    The segments of the automotive electric bus market, by charging technology, are autonomous and non-autonomous.

    Who are the key participants of the automotive electric bus market?

    The key participants of the automotive electric bus market are Daimler AG (Germany), Volvo Group (Sweden), Anhui Ankai Automobile Co., Ltd.(China), Wright Enrichment Inc(U.S.), Zhongtong Bus Holding Co., Ltd. (China), Shandong Yi Xing Electric Auto Co., Ltd (China), Iveco (Italy), BYD Auto Co., Ltd ( China), Ebus (Singapore), and Beiqi Foton Motor Co., Ltd.(China).

    Why is the automotive electric bus market expected to expand substantially?

    Increasing investments by governments in electric public transportation are likely to augment the automotive electric bus market.

    1. GLOBAL AUTOMOTIVE ELECTRIC BUS MARKET, BY PROPULSION, 2019–2030 (UNITS)
    2. EUROPE AUTOMOTIVE ELECTRIC BUS MARKET, BY PROPULSION, 2019–2030 (UNITS)

    Automotive Electric Bus Market Segmentation

    Automotive Electric Bus Type Outlook (USD Million, 2018-2032)

    • Single-Decker
    • Double-Decker

    Automotive Electric Bus Propulsion Outlook

    • Battery Electric Vehicle (BEV)
    • Plug-in Hybrid Electric Vehicle (PHEV)
    • Fuel Cell Electric Vehicle (FCEV)

    Automotive Electric Bus Length Outlook

    • 6 to 8 m
    • 9 to 12 m
    • Above 12 m

    Automotive Electric Bus Regional Outlook (USD Million, 2018-2032)

    • North America Outlook (USD Million, 2018-2032)
      • North America Automotive Electric Bus by Type
        • Single-Decker
        • Double-Decker
      • North America Automotive Electric Bus by Propulsion
        • Battery Electric Vehicle (BEV)
        • Plug-in Hybrid Electric Vehicle (PHEV)
        • Fuel Cell Electric Vehicle (FCEV)
      • North America Automotive Electric Bus by Length
        • 6 to 8 m
        • 9 to 12 m
        • Above 12 m
      • US Outlook (USD Million, 2018-2032)
      • US Automotive Electric Bus by Type
        • Single-Decker
        • Double-Decker
      • US Automotive Electric Bus by Propulsion
        • Battery Electric Vehicle (BEV)
        • Plug-in Hybrid Electric Vehicle (PHEV)
        • Fuel Cell Electric Vehicle (FCEV)
      • US Automotive Electric Bus by Length
        • 6 to 8 m
        • 9 to 12 m
        • Above 12 m
      • CANADA Outlook (USD Million, 2018-2032)
      • CANADA Automotive Electric Bus by Type
        • Single-Decker
        • Double-Decker
      • CANADA Automotive Electric Bus by Propulsion
        • Battery Electric Vehicle (BEV)
        • Plug-in Hybrid Electric Vehicle (PHEV)
        • Fuel Cell Electric Vehicle (FCEV)
      • CANADA Automotive Electric Bus by Length
        • 6 to 8 m
        • 9 to 12 m
        • Above 12 m
      • Mexico Outlook (USD Million, 2018-2032)
      • Mexico Automotive Electric Bus by Type
        • Single-Decker
        • Double-Decker
      • Mexico Automotive Electric Bus by Propulsion
        • Battery Electric Vehicle (BEV)
        • Plug-in Hybrid Electric Vehicle (PHEV)
        • Fuel Cell Electric Vehicle (FCEV)
      • Mexico Automotive Electric Bus by Length
        • 6 to 8 m
        • 9 to 12 m
        • Above 12 m
      • Europe Outlook (USD Million, 2018-2032)
        • Europe Automotive Electric Bus by Type
          • Single-Decker
          • Double-Decker
        • Europe Automotive Electric Bus by Propulsion
          • Battery Electric Vehicle (BEV)
          • Plug-in Hybrid Electric Vehicle (PHEV)
          • Fuel Cell Electric Vehicle (FCEV)
        • Europe Automotive Electric Bus by Length
          • 6 to 8 m
          • 9 to 12 m
          • Above 12 m
        • Germany Outlook (USD Million, 2018-2032)
        • Germany Automotive Electric Bus by Type
          • Single-Decker
          • Double-Decker
        • Germany Automotive Electric Bus by Propulsion
          • Battery Electric Vehicle (BEV)
          • Plug-in Hybrid Electric Vehicle (PHEV)
          • Fuel Cell Electric Vehicle (FCEV)
        • Germany Automotive Electric Bus by Length
          • 6 to 8 m
          • 9 to 12 m
          • Above 12 m
        • France Outlook (USD Million, 2018-2032)
        • France Automotive Electric Bus by Type
          • Single-Decker
          • Double-Decker
        • France Automotive Electric Bus by Propulsion
          • Battery Electric Vehicle (BEV)
          • Plug-in Hybrid Electric Vehicle (PHEV)
          • Fuel Cell Electric Vehicle (FCEV)
        • France Automotive Electric Bus by Length
          • 6 to 8 m
          • 9 to 12 m
          • Above 12 m
        • UK Outlook (USD Million, 2018-2032)
        • UK Automotive Electric Bus by Type
          • Single-Decker
          • Double-Decker
        • UK Automotive Electric Bus by Propulsion
          • Battery Electric Vehicle (BEV)
          • Plug-in Hybrid Electric Vehicle (PHEV)
          • Fuel Cell Electric Vehicle (FCEV)
        • UK Automotive Electric Bus by Length
          • 6 to 8 m
          • 9 to 12 m
          • Above 12 m
        • ITALY Outlook (USD Million, 2018-2032)
        • ITALY Automotive Electric Bus by Type
          • Single-Decker
          • Double-Decker
        • ITALY Automotive Electric Bus by Propulsion
          • Battery Electric Vehicle (BEV)
          • Plug-in Hybrid Electric Vehicle (PHEV)
          • Fuel Cell Electric Vehicle (FCEV)
        • ITALY Automotive Electric Bus by Length
          • 6 to 8 m
          • 9 to 12 m
          • Above 12 m
        • RUSSIA Outlook (USD Million, 2018-2032)
        • Russia Automotive Electric Bus by Type
          • Single-Decker
          • Double-Decker
        • Russia Automotive Electric Bus by Propulsion
          • Battery Electric Vehicle (BEV)
          • Plug-in Hybrid Electric Vehicle (PHEV)
          • Fuel Cell Electric Vehicle (FCEV)
        • Russia Automotive Electric Bus by Length
          • 6 to 8 m
          • 9 to 12 m
          • Above 12 m
        • Rest Of Europe Outlook (USD Million, 2018-2032)
        • REST OF EUROPE Automotive Electric Bus by Type
          • Single-Decker
          • Double-Decker
        • REST OF EUROPE Automotive Electric Bus by Propulsion
          • Battery Electric Vehicle (BEV)
          • Plug-in Hybrid Electric Vehicle (PHEV)
          • Fuel Cell Electric Vehicle (FCEV)
        • REST OF EUROPE Automotive Electric Bus by Length
          • 6 to 8 m
          • 9 to 12 m
          • Above 12 m
        • Asia-Pacific Outlook (USD Million, 2018-2032)
          • Asia-Pacific Automotive Electric Bus by Type
            • Single-Decker
            • Double-Decker
          • Asia-Pacific Automotive Electric Bus by Propulsion
            • Battery Electric Vehicle (BEV)
            • Plug-in Hybrid Electric Vehicle (PHEV)
            • Fuel Cell Electric Vehicle (FCEV)
          • Asia-Pacific Automotive Electric Bus by Length
            • 6 to 8 m
            • 9 to 12 m
            • Above 12 m
          • China Outlook (USD Million, 2018-2032)
          • China Automotive Electric Bus by Type
            • Single-Decker
            • Double-Decker
          • China Automotive Electric Bus by Propulsion
            • Battery Electric Vehicle (BEV)
            • Plug-in Hybrid Electric Vehicle (PHEV)
            • Fuel Cell Electric Vehicle (FCEV)
          • China Automotive Electric Bus by Length
            • 6 to 8 m
            • 9 to 12 m
            • Above 12 m
          • Japan Outlook (USD Million, 2018-2032)
          • Japan Automotive Electric Bus by Type
            • Single-Decker
            • Double-Decker
          • Japan Automotive Electric Bus by Propulsion
            • Battery Electric Vehicle (BEV)
            • Plug-in Hybrid Electric Vehicle (PHEV)
            • Fuel Cell Electric Vehicle (FCEV)
          • Japan Automotive Electric Bus by Length
            • 6 to 8 m
            • 9 to 12 m
            • Above 12 m
          • India Outlook (USD Million, 2018-2032)
          • India Automotive Electric Bus by Type
            • Single-Decker
            • Double-Decker
          • India Automotive Electric Bus by Propulsion
            • Battery Electric Vehicle (BEV)
            • Plug-in Hybrid Electric Vehicle (PHEV)
            • Fuel Cell Electric Vehicle (FCEV)
          • India Automotive Electric Bus by Length
            • 6 to 8 m
            • 9 to 12 m
            • Above 12 m
          • South Korea Outlook (USD Million, 2018-2032)
          • South Korea Automotive Electric Bus by Type
            • Single-Decker
            • Double-Decker
          • South Korea Automotive Electric Bus by Propulsion
            • Battery Electric Vehicle (BEV)
            • Plug-in Hybrid Electric Vehicle (PHEV)
            • Fuel Cell Electric Vehicle (FCEV)
          • South Korea Automotive Electric Bus by Length
            • 6 to 8 m
            • 9 to 12 m
            • Above 12 m
          • Rest of Asia-Pacific Outlook (USD Million, 2018-2032)
          • Rest of Asia-Pacific Automotive Electric Bus by Type
            • Single-Decker
            • Double-Decker
          • Rest of Asia-Pacific Automotive Electric Bus by Propulsion
            • Battery Electric Vehicle (BEV)
            • Plug-in Hybrid Electric Vehicle (PHEV)
            • Fuel Cell Electric Vehicle (FCEV)
          • Rest of Asia-Pacific Automotive Electric Bus by Length
            • 6 to 8 m
            • 9 to 12 m
            • Above 12 m
          • Middle East & Africa Outlook (USD Million, 2018-2032)
            • Middle East & Africa Automotive Electric Bus by Type
              • Single-Decker
              • Double-Decker
            • Middle East & Africa Automotive Electric Bus by Propulsion
              • Battery Electric Vehicle (BEV)
              • Plug-in Hybrid Electric Vehicle (PHEV)
              • Fuel Cell Electric Vehicle (FCEV)
            • Middle East & Africa Automotive Electric Bus by Length
              • 6 to 8 m
              • 9 to 12 m
              • Above 12 m
            • South America Outlook (USD Million, 2018-2032)
            • South America Automotive Electric Bus by Type
              • Single-Decker
              • Double-Decker
            • South America Automotive Electric Bus by Propulsion
              • Battery Electric Vehicle (BEV)
              • Plug-in Hybrid Electric Vehicle (PHEV)
              • Fuel Cell Electric Vehicle (FCEV)
            • South America Automotive Electric Bus by Length
              • 6 to 8 m
              • 9 to 12 m
              • Above 12 m
            • Brazil Outlook (USD Million, 2018-2032)
            • Brazil Automotive Electric Bus by Type
              • Single-Decker
              • Double-Decker
            • Brazil Automotive Electric Bus by Propulsion
              • Battery Electric Vehicle (BEV)
              • Plug-in Hybrid Electric Vehicle (PHEV)
              • Fuel Cell Electric Vehicle (FCEV)
            • Brazil Automotive Electric Bus by Length
              • 6 to 8 m
              • 9 to 12 m
              • Above 12 m
            • Argentina Outlook (USD Million, 2018-2032)
            • Argentina Automotive Electric Bus by Type
              • Single-Decker
              • Double-Decker
            • Argentina Automotive Electric Bus by Propulsion
              • Battery Electric Vehicle (BEV)
              • Plug-in Hybrid Electric Vehicle (PHEV)
              • Fuel Cell Electric Vehicle (FCEV)
            • Argentina Automotive Electric Bus by Length
              • 6 to 8 m
              • 9 to 12 m
              • Above 12 m
            • Rest of South America Outlook (USD Million, 2018-2032)
            • Rest of South America Automotive Electric Bus by Type
              • Single-Decker
              • Double-Decker
            • Rest of South America Automotive Electric Bus by Propulsion
              • Battery Electric Vehicle (BEV)
              • Plug-in Hybrid Electric Vehicle (PHEV)
              • Fuel Cell Electric Vehicle (FCEV)
            • Rest of South America Automotive Electric Bus by Length
              • 6 to 8 m
              • 9 to 12 m
              • Above 12 m
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    Smartphone Motherboard Parts Manufacturing Research