Electric Bus Market Growth, Demand & Forecast 2025–2030

  

The global electric bus market size is valued at USD 23.80 billion in 2025 and is expected to reach USD 59.60 billion by 2032, at a CAGR of 14.0%, during the forecast period 2025-2032. The electric bus market is witnessing rapid growth worldwide as governments, transit agencies, and manufacturers prioritize sustainable urban mobility. With rising concerns about air quality, climate change, and dependence on fossil fuels, electric buses have emerged as a cost-effective and eco-friendly alternative to traditional diesel buses.

One of the major drivers of this market is strong government support, including subsidies, tax incentives, and investments in charging infrastructure. Countries across Asia, Europe, and North America are rolling out policies to accelerate the adoption of e-buses as part of broader carbon neutrality goals.

In addition, technological advancements in battery energy density, charging efficiency, and thermal management systems are making electric buses more reliable and suitable for longer routes. The integration of smart technologies such as telematics, predictive maintenance, and energy optimization further enhances fleet efficiency.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=38730372

From school buses in the U.S. to urban fleets in Europe and massive deployments in China, electric buses are reshaping public transportation networks. Their lower total cost of ownership compared to diesel, coupled with reduced emissions and quieter operations, is creating a compelling case for widespread adoption.

📈 According to industry forecasts, the electric bus market is expected to grow at a double-digit CAGR over the next decade, driven by urbanization, government policies, and continuous innovation from leading OEMs and battery suppliers.

✅ Key Highlights of the Electric Bus Market

  • Strong government incentives and zero-emission regulations are boosting adoption.
  • Advancements in battery technology are extending range and improving performance.
  • Reduced operational and maintenance costs make e-buses economically attractive.
  • China leads the global market, with Europe and North America rapidly expanding.
  • Integration of smart fleet management systems is enhancing efficiency and reliability.

Request Free Sample Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=38730372

About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe.

Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem.

The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter , LinkedIn and Facebook .

Contact:
Mr. Rohan Salgarkar
MarketsandMarkets™ INC.
1615 South Congress Ave.
Suite 103, Delray Beach, FL 33445
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit Our Website: https://www.marketsandmarkets.com

Comments

Post a Comment

Popular posts from this blog

In-Vehicle Infotainment Market Growth Insights: Size, Share, and Trends by 2028

  The  in-vehicle infotainment market is projected to grow from USD  16.4 billion in 2023 to USD  28.3 billion by 2028, at a CAGR of 11.6%. Government mandates on vehicles and the emergence of various technologies such as 5G and AI, and ADAS and other autonomous solutions are expected to offer promising growth opportunities in the In-vehicle infotainment market. The growth of the in-vehicle infotainment market can be attributed to the rising demand for entertainment, safety & security, navigation services, and rear-seat entertainment. Additionally, factors such as government mandates for electronic logging devices (ELD), growth in the smartphone industry, 5G infrastructure, and use of cloud technologies with artificial intelligence would create promising growth opportunities in the In-vehicle infotainment market. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=538 “Embedded infotainments are estimated to accou...
Read more

Battery Sensor Market Projected to reach $4.92 billion by 2025

  The report  “ Battery Sensor Market  by Voltage Type (12V, 24V, and 48V), Communication Technology (LIN and CAN), Hybrid Vehicle (HEV and PHEV), Vehicle Type (Passenger Car, LCV and HCV), and Region – Global Forecast to 2025″ , The automotive battery sensor market is estimated to be USD 2.35 billion in 2018 and is projected to reach a market size of USD 4.92 billion by 2025, growing at a CAGR of 11.09% during the forecast period. The market is driven by factors such as the rising demand for fuel-efficient vehicles, increasing vehicle production, rising emission concerns, and growing demand for high- end cars. The 12V segment is estimated to be the fastest growing in the Battery Sensor Market   during the forecast period The increasing demand for fuel-efficient vehicles has led to the introduction of IBS for 12V lead-acid batteries. IBS helps to curb CO2 emissions and increases the fuel efficiency of a vehicle. It also helps to optimize the electrical power system a...
Read more

Charging as a Service Market Size, Share, and Growth Forecast Through 2035

   The global charging as a service market is projected to grow from USD 165.9 million in 2025 to USD 2,135.0 million by 2035, registering a CAGR of 29.1%. Charging as a Service is a business model that allows fleet operators to use EV charging infrastructure without owning or managing charging stations. A third party owns and operates the charging infrastructure, while fleets pay per usage through pay-as-you-go or subscription/contract models. A seamless charging experience encourages repeat visits, fostering customer loyalty. Companies can monetize charging services through direct fees or indirect sales growth while customers wait. For instance, airports and aviation hubs can integrate charging solutions to support sustainable travel and cater to electric fleet operators. Auto-dealerships and OEM operated charging spaces to hold the significant share in semi-public charging setup segment. OEM partnerships with Charge Point Operators (CPOs) and EV charging strategies f...
Read more