The Market Reports

Synopsis
The global market for City Electric Bus was estimated to be worth US$ 8936 million in 2024 and is forecast to a readjusted size of US$ 29600 million by 2031 with a CAGR of 18.0% during the forecast period 2025-2031.
A city electric bus is an electric-powered bus designed specifically for urban transportation. These buses aim to reduce emissions, noise pollution, and operational costs while providing efficient and reliable service within city environments.
City electric buses are playing a crucial role in urban public transportation electrification, replacing traditional diesel and natural gas buses. With strong government support, advancements in battery technology, and the growing demand for sustainable transport, the market for electric buses is expanding rapidly.
Subsidies, low-emission zones (LEZs), and internal combustion engine (ICE) phase-out policies are accelerating electric bus adoption. For example, the EU mandates that all new buses must be zero-emission by 2030, while China is implementing large-scale electric bus replacement programs. Lithium battery costs have dropped significantly, making electric buses more cost-competitive over their lifespan compared to diesel buses. Additionally, electric buses have 30%-50% lower maintenance costs.Meanwwhile, fast charging, wireless charging, and battery swapping technologies are improving the operational efficiency of electric buses. China, for instance, is trialing battery-swapping electric buses to reduce downtime.
China is the largest market, and has a share about 72%, followed by Europe and North America with share 16% and 4%, separately.China leads the global market, , with BYD and Yutong at the forefront. India and Southeast Asia are emerging markets due to government incentives.The EU’s Clean Vehicle Directive is pushing for higher electric bus adoption, with companies like Volvo and Solaris expanding their footprint. The US Infrastructure Investment and Jobs Act is promoting electric bus deployment, though infrastructure challenges remain.
In terms of product type, Battery Electric Bus is the largest segment, accounting for a share of 86%. Battery Electric Bus (BEB) – Dominant segment, ideal for intra-city routes with zero emissions.Plug-in Hybrid Electric Bus (PHEB) is suitable for mixed urban and suburban routes.Fuel Cell Electric Bus (FCEB) is best for long-distance routes with fast refueling capabilities.
Global key players of City Electric Bus include Yutong Bus, BYD, King Long Motor Group, New Flyer, CRRC Electric Vehicle, etc. The top five players hold a share about 51%.
This report aims to provide a comprehensive presentation of the global market for City Electric Bus, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of City Electric Bus by region & country, by Type, and by Application.
The City Electric Bus market size, estimations, and forecasts are provided in terms of sales volume (Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding City Electric Bus.
Market Segmentation
By Company
Yutong Bus
BYD
King Long Motor Group
New Flyer
CRRC Electric Vehicle
Foton AUV
Solaris Bus & Coach
MAN
Farzion Auto
Zhongtong Bus
Volvo
Mercedes-Benz Group
Sunwin Bus
Skywell
Iveco Bus
Ankai Automobile
EBUSCO
VDL Bus & Coach
Segment by Type
Battery Electric Bus
Plug-in Hybrid Electric Bus
Fuel Cell Electric Bus
Segment by Application
Commuting
Tourism
Others
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Netherlands
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of City Electric Bus manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of City Electric Bus in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of City Electric Bus in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Index