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Electric Bus and Hybrid Bus-Global Market Insights and Sales Trends 2025

Electric Bus and Hybrid Bus-Global Market Insights and Sales Trends 2025

Publishing Date : Mar, 2025

License Type :
 

Report Code : 1846452

No of Pages : 120

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Synopsis
A bus (archaically also omnibus, multibus, motorbus, autobus) is a road vehicle designed to carry many passengers. Buses can have a capacity as high as 300 passengers. The most common type of bus is the single-deck rigid bus, with larger loads carried by double-decker and articulated buses, and smaller loads carried by midibuses and minibuses; coaches are used for longer-distance services. Many types of buses, such as city transit buses and inter-city coaches, charge a fare. Other types, such as elementary or secondary school buses or shuttle buses within a post-secondary education campus do not charge a fare. In many jurisdictions, bus drivers require a special licence above and beyond a regular driver's licence.
The global Electric Bus and Hybrid Bus market size is expected to reach US$ 1778.3 million by 2029, growing at a CAGR of 4.9% from 2023 to 2029. The market is mainly driven by the significant applications of Electric Bus and Hybrid Bus in various end use industries. The expanding demands from the City Traffic, Inter-city Traffic, School and Other, are propelling Electric Bus and Hybrid Bus market. Electric Bus, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Hybrids Bus segment is estimated at % CAGR for the next seven-year period.
Global EV sales continued strong. A total of 10,5 million new BEVs and PHEVs were delivered during 2022, an increase of +55 % compared to 2021. China and Europe emerged as the main drivers of strong growth in global EV sales. In 2022, the production and sales of new energy vehicles in China reach 7.0 million and 6.8 million respectively, a year-on-year increase of 96.9% and 93.4%, with a market share of 25.6%. The production and sales of new energy vehicles have ranked first in the world for eight consecutive years. Among them, the sales volume of pure electric vehicles was 5.365 million, a year-on-year increase of 81.6%. In 2022, sales of pure electric vehicles in Europe will increase by 29% year-on-year to 1.58 million.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Electric Bus and Hybrid Bus, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Electric Bus and Hybrid Bus market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Electric Bus and Hybrid Bus market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Electric Bus and Hybrid Bus sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Electric Bus and Hybrid Bus covered in this report include Yutong, Daimler, MAN, Solaris Bus & Coach, Volvo, Ashok Leyland, BYD, New Flyer and Otokar, etc.
The global Electric Bus and Hybrid Bus market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Yutong
Daimler
MAN
Solaris Bus & Coach
Volvo
Ashok Leyland
BYD
New Flyer
Otokar
Scania
Tata Motors
King Long
Zhong Tong
Nanjing Gold Dragon
DFAC
CRRC
Foton
ANKAI
Guangtong
Gillig
Global Electric Bus and Hybrid Bus market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Electric Bus and Hybrid Bus market, Segment by Type:
Electric Bus
Hybrids Bus
Global Electric Bus and Hybrid Bus market, by Application
City Traffic
Inter-city Traffic
School
Other
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Electric Bus and Hybrid Bus manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Electric Bus and Hybrid Bus in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index
1 Electric Bus and Hybrid Bus Market Overview
1.1 Electric Bus and Hybrid Bus Product Overview
1.2 Electric Bus and Hybrid Bus Market Segment by Type
1.2.1 Electric Bus
1.2.2 Hybrids Bus
1.3 Global Electric Bus and Hybrid Bus Market Size by Type
1.3.1 Global Electric Bus and Hybrid Bus Market Size Overview by Type (2018-2029)
1.3.2 Global Electric Bus and Hybrid Bus Historic Market Size Review by Type (2018-2023)
1.3.3 Global Electric Bus and Hybrid Bus Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Electric Bus and Hybrid Bus Sales Breakdown by Type (2018-2023)
1.4.2 Europe Electric Bus and Hybrid Bus Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Electric Bus and Hybrid Bus Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Electric Bus and Hybrid Bus Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Electric Bus and Hybrid Bus Sales Breakdown by Type (2018-2023)
2 Global Electric Bus and Hybrid Bus Market Competition by Company
2.1 Global Top Players by Electric Bus and Hybrid Bus Sales (2018-2023)
2.2 Global Top Players by Electric Bus and Hybrid Bus Revenue (2018-2023)
2.3 Global Top Players by Electric Bus and Hybrid Bus Price (2018-2023)
2.4 Global Top Manufacturers Electric Bus and Hybrid Bus Manufacturing Base Distribution, Sales Area, Product Type
2.5 Electric Bus and Hybrid Bus Market Competitive Situation and Trends
2.5.1 Electric Bus and Hybrid Bus Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Electric Bus and Hybrid Bus Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Electric Bus and Hybrid Bus as of 2022)
2.7 Date of Key Manufacturers Enter into Electric Bus and Hybrid Bus Market
2.8 Key Manufacturers Electric Bus and Hybrid Bus Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Electric Bus and Hybrid Bus Status and Outlook by Region
3.1 Global Electric Bus and Hybrid Bus Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Electric Bus and Hybrid Bus Historic Market Size by Region
3.2.1 Global Electric Bus and Hybrid Bus Sales in Volume by Region (2018-2023)
3.2.2 Global Electric Bus and Hybrid Bus Sales in Value by Region (2018-2023)
3.2.3 Global Electric Bus and Hybrid Bus Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Electric Bus and Hybrid Bus Forecasted Market Size by Region
3.3.1 Global Electric Bus and Hybrid Bus Sales in Volume by Region (2024-2029)
3.3.2 Global Electric Bus and Hybrid Bus Sales in Value by Region (2024-2029)
3.3.3 Global Electric Bus and Hybrid Bus Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Electric Bus and Hybrid Bus by Application
4.1 Electric Bus and Hybrid Bus Market Segment by Application
4.1.1 City Traffic
4.1.2 Inter-city Traffic
4.1.3 School
4.1.4 Other
4.2 Global Electric Bus and Hybrid Bus Market Size by Application
4.2.1 Global Electric Bus and Hybrid Bus Market Size Overview by Application (2018-2029)
4.2.2 Global Electric Bus and Hybrid Bus Historic Market Size Review by Application (2018-2023)
4.2.3 Global Electric Bus and Hybrid Bus Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Electric Bus and Hybrid Bus Sales Breakdown by Application (2018-2023)
4.3.2 Europe Electric Bus and Hybrid Bus Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Electric Bus and Hybrid Bus Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Electric Bus and Hybrid Bus Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Electric Bus and Hybrid Bus Sales Breakdown by Application (2018-2023)
5 North America Electric Bus and Hybrid Bus by Country
5.1 North America Electric Bus and Hybrid Bus Historic Market Size by Country
5.1.1 North America Electric Bus and Hybrid Bus Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Electric Bus and Hybrid Bus Sales in Volume by Country (2018-2023)
5.1.3 North America Electric Bus and Hybrid Bus Sales in Value by Country (2018-2023)
5.2 North America Electric Bus and Hybrid Bus Forecasted Market Size by Country
5.2.1 North America Electric Bus and Hybrid Bus Sales in Volume by Country (2024-2029)
5.2.2 North America Electric Bus and Hybrid Bus Sales in Value by Country (2024-2029)
6 Europe Electric Bus and Hybrid Bus by Country
6.1 Europe Electric Bus and Hybrid Bus Historic Market Size by Country
6.1.1 Europe Electric Bus and Hybrid Bus Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Electric Bus and Hybrid Bus Sales in Volume by Country (2018-2023)
6.1.3 Europe Electric Bus and Hybrid Bus Sales in Value by Country (2018-2023)
6.2 Europe Electric Bus and Hybrid Bus Forecasted Market Size by Country
6.2.1 Europe Electric Bus and Hybrid Bus Sales in Volume by Country (2024-2029)
6.2.2 Europe Electric Bus and Hybrid Bus Sales in Value by Country (2024-2029)
7 Asia-Pacific Electric Bus and Hybrid Bus by Region
7.1 Asia-Pacific Electric Bus and Hybrid Bus Historic Market Size by Region
7.1.1 Asia-Pacific Electric Bus and Hybrid Bus Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Electric Bus and Hybrid Bus Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Electric Bus and Hybrid Bus Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Electric Bus and Hybrid Bus Forecasted Market Size by Region
7.2.1 Asia-Pacific Electric Bus and Hybrid Bus Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Electric Bus and Hybrid Bus Sales in Value by Region (2024-2029)
8 Latin America Electric Bus and Hybrid Bus by Country
8.1 Latin America Electric Bus and Hybrid Bus Historic Market Size by Country
8.1.1 Latin America Electric Bus and Hybrid Bus Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Electric Bus and Hybrid Bus Sales in Volume by Country (2018-2023)
8.1.3 Latin America Electric Bus and Hybrid Bus Sales in Value by Country (2018-2023)
8.2 Latin America Electric Bus and Hybrid Bus Forecasted Market Size by Country
8.2.1 Latin America Electric Bus and Hybrid Bus Sales in Volume by Country (2024-2029)
8.2.2 Latin America Electric Bus and Hybrid Bus Sales in Value by Country (2024-2029)
9 Middle East and Africa Electric Bus and Hybrid Bus by Country
9.1 Middle East and Africa Electric Bus and Hybrid Bus Historic Market Size by Country
9.1.1 Middle East and Africa Electric Bus and Hybrid Bus Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Electric Bus and Hybrid Bus Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Electric Bus and Hybrid Bus Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Electric Bus and Hybrid Bus Forecasted Market Size by Country
9.2.1 Middle East and Africa Electric Bus and Hybrid Bus Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Electric Bus and Hybrid Bus Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Yutong
10.1.1 Yutong Company Information
10.1.2 Yutong Introduction and Business Overview
10.1.3 Yutong Electric Bus and Hybrid Bus Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Yutong Electric Bus and Hybrid Bus Products Offered
10.1.5 Yutong Recent Development
10.2 Daimler
10.2.1 Daimler Company Information
10.2.2 Daimler Introduction and Business Overview
10.2.3 Daimler Electric Bus and Hybrid Bus Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Daimler Electric Bus and Hybrid Bus Products Offered
10.2.5 Daimler Recent Development
10.3 MAN
10.3.1 MAN Company Information
10.3.2 MAN Introduction and Business Overview
10.3.3 MAN Electric Bus and Hybrid Bus Sales, Revenue and Gross Margin (2018-2023)
10.3.4 MAN Electric Bus and Hybrid Bus Products Offered
10.3.5 MAN Recent Development
10.4 Solaris Bus & Coach
10.4.1 Solaris Bus & Coach Company Information
10.4.2 Solaris Bus & Coach Introduction and Business Overview
10.4.3 Solaris Bus & Coach Electric Bus and Hybrid Bus Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Solaris Bus & Coach Electric Bus and Hybrid Bus Products Offered
10.4.5 Solaris Bus & Coach Recent Development
10.5 Volvo
10.5.1 Volvo Company Information
10.5.2 Volvo Introduction and Business Overview
10.5.3 Volvo Electric Bus and Hybrid Bus Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Volvo Electric Bus and Hybrid Bus Products Offered
10.5.5 Volvo Recent Development
10.6 Ashok Leyland
10.6.1 Ashok Leyland Company Information
10.6.2 Ashok Leyland Introduction and Business Overview
10.6.3 Ashok Leyland Electric Bus and Hybrid Bus Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Ashok Leyland Electric Bus and Hybrid Bus Products Offered
10.6.5 Ashok Leyland Recent Development
10.7 BYD
10.7.1 BYD Company Information
10.7.2 BYD Introduction and Business Overview
10.7.3 BYD Electric Bus and Hybrid Bus Sales, Revenue and Gross Margin (2018-2023)
10.7.4 BYD Electric Bus and Hybrid Bus Products Offered
10.7.5 BYD Recent Development
10.8 New Flyer
10.8.1 New Flyer Company Information
10.8.2 New Flyer Introduction and Business Overview
10.8.3 New Flyer Electric Bus and Hybrid Bus Sales, Revenue and Gross Margin (2018-2023)
10.8.4 New Flyer Electric Bus and Hybrid Bus Products Offered
10.8.5 New Flyer Recent Development
10.9 Otokar
10.9.1 Otokar Company Information
10.9.2 Otokar Introduction and Business Overview
10.9.3 Otokar Electric Bus and Hybrid Bus Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Otokar Electric Bus and Hybrid Bus Products Offered
10.9.5 Otokar Recent Development
10.10 Scania
10.10.1 Scania Company Information
10.10.2 Scania Introduction and Business Overview
10.10.3 Scania Electric Bus and Hybrid Bus Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Scania Electric Bus and Hybrid Bus Products Offered
10.10.5 Scania Recent Development
10.11 Tata Motors
10.11.1 Tata Motors Company Information
10.11.2 Tata Motors Introduction and Business Overview
10.11.3 Tata Motors Electric Bus and Hybrid Bus Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Tata Motors Electric Bus and Hybrid Bus Products Offered
10.11.5 Tata Motors Recent Development
10.12 King Long
10.12.1 King Long Company Information
10.12.2 King Long Introduction and Business Overview
10.12.3 King Long Electric Bus and Hybrid Bus Sales, Revenue and Gross Margin (2018-2023)
10.12.4 King Long Electric Bus and Hybrid Bus Products Offered
10.12.5 King Long Recent Development
10.13 Zhong Tong
10.13.1 Zhong Tong Company Information
10.13.2 Zhong Tong Introduction and Business Overview
10.13.3 Zhong Tong Electric Bus and Hybrid Bus Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Zhong Tong Electric Bus and Hybrid Bus Products Offered
10.13.5 Zhong Tong Recent Development
10.14 Nanjing Gold Dragon
10.14.1 Nanjing Gold Dragon Company Information
10.14.2 Nanjing Gold Dragon Introduction and Business Overview
10.14.3 Nanjing Gold Dragon Electric Bus and Hybrid Bus Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Nanjing Gold Dragon Electric Bus and Hybrid Bus Products Offered
10.14.5 Nanjing Gold Dragon Recent Development
10.15 DFAC
10.15.1 DFAC Company Information
10.15.2 DFAC Introduction and Business Overview
10.15.3 DFAC Electric Bus and Hybrid Bus Sales, Revenue and Gross Margin (2018-2023)
10.15.4 DFAC Electric Bus and Hybrid Bus Products Offered
10.15.5 DFAC Recent Development
10.16 CRRC
10.16.1 CRRC Company Information
10.16.2 CRRC Introduction and Business Overview
10.16.3 CRRC Electric Bus and Hybrid Bus Sales, Revenue and Gross Margin (2018-2023)
10.16.4 CRRC Electric Bus and Hybrid Bus Products Offered
10.16.5 CRRC Recent Development
10.17 Foton
10.17.1 Foton Company Information
10.17.2 Foton Introduction and Business Overview
10.17.3 Foton Electric Bus and Hybrid Bus Sales, Revenue and Gross Margin (2018-2023)
10.17.4 Foton Electric Bus and Hybrid Bus Products Offered
10.17.5 Foton Recent Development
10.18 ANKAI
10.18.1 ANKAI Company Information
10.18.2 ANKAI Introduction and Business Overview
10.18.3 ANKAI Electric Bus and Hybrid Bus Sales, Revenue and Gross Margin (2018-2023)
10.18.4 ANKAI Electric Bus and Hybrid Bus Products Offered
10.18.5 ANKAI Recent Development
10.19 Guangtong
10.19.1 Guangtong Company Information
10.19.2 Guangtong Introduction and Business Overview
10.19.3 Guangtong Electric Bus and Hybrid Bus Sales, Revenue and Gross Margin (2018-2023)
10.19.4 Guangtong Electric Bus and Hybrid Bus Products Offered
10.19.5 Guangtong Recent Development
10.20 Gillig
10.20.1 Gillig Company Information
10.20.2 Gillig Introduction and Business Overview
10.20.3 Gillig Electric Bus and Hybrid Bus Sales, Revenue and Gross Margin (2018-2023)
10.20.4 Gillig Electric Bus and Hybrid Bus Products Offered
10.20.5 Gillig Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Electric Bus and Hybrid Bus Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Electric Bus and Hybrid Bus Industrial Chain Analysis
11.4 Electric Bus and Hybrid Bus Market Dynamics
11.4.1 Electric Bus and Hybrid Bus Industry Trends
11.4.2 Electric Bus and Hybrid Bus Market Drivers
11.4.3 Electric Bus and Hybrid Bus Market Challenges
11.4.4 Electric Bus and Hybrid Bus Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Electric Bus and Hybrid Bus Distributors
12.3 Electric Bus and Hybrid Bus Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer

Published By : QY Research

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