Global Electric Bus Market (Battery Electric Bus, Plug-in Hybrid Electric Bus and Fuel Cell Electric bus): Insights & Forecast with Potential Impact of COVID-19 (2022-2026)

Publisher Name :
Date: 11-Feb-2022
No. of pages: 111
Inquire Before Buying

The global electric bus market is forecasted to reach US$57.68 billion in 2026, experiencing growth at a CAGR of 11.51% during the period spanning from 2022 to 2026. Growth in the global electric bus market was supported by factors such as rapid urbanization, increased oil prices, surge in air pollution, government initiatives and falling prices of batteries. However, the market growth is expected to be restrained by high development cost, limited battery capacity and growing popularity of natural gas-fueled buses.

The global electric bus market by propulsion can be segmented as follows: battery electric bus, plug-in hybrid electric bus and fuel cell electric bus. In 2021, the dominant share of global electric bus market was held by battery electric bus, followed by plug-in hybrid electric bus and fuel cell electric bus. Factors such as increase in demand for fuel-efficient vehicles, rising demand for electric school bus and light weight technology has helped in boosting market growth.

While most of the industries worldwide suffered a negative impact of COVID-19, the electric bus market witnessed a mixed impact on it. Initially, the market witnessed a drop in passengers, since people lessen their mobility via public transports worrying to be in contact with COVID-19 virus. In addition to this, the market faced disruption in supply chain which acted as a challenge in manufacturing new buses. However, the market saw an increase in registration as many countries used this sector to impose recovery in their economy. Counties like China, India, and others, issued many regulations to support the electric bus market at full swing.

Scope of the report:


  • The report provides a comprehensive analysis of the global electric bus market with potential impact of COVID-19.

  • The Chinese electric bus market has been analyzed.

  • The market dynamics such as growth drivers, market trends and challenges are analyzed in-depth.

  • The competitive landscape of the market, along with the company profiles of leading players (BYD Company Limited, Daimler AG , Volvo Group, Yutong Bus Co Ltd., Proterra Inc. and Ebusco) are also presented in detail.


Key Target Audience:


  • Electric Bus Manufacturers

  • Raw Material Suppliers

  • Dealers/Distributors of Electric Buses

  • Investment Banks

  • Government Bodies & Regulating Authorities

Global Electric Bus Market (Battery Electric Bus, Plug-in Hybrid Electric Bus and Fuel Cell Electric bus): Insights & Forecast with Potential Impact of COVID-19 (2022-2026)

Table of Contents

1. Market Overview
1.1 Electric Bus
1.1.1 Electric Bus - Introduction
1.1.2 History of Electric Bus
1.1.3 Benefits of Electric Bus
1.2 Advantages of Electric Bus
1.3 Disadvantages of Electric Bus
1.4 Types of Electric Bus
1.4.1 Hybrid Electric Bus
1.4.2 Fuel Cell Electric Bus
1.4.3 Battery Electric Bus

2. Impact of COVID- 19
2. Impact of COVID-19
2.1 Impact of COVID-19 on Global Electric Bus Market
2.2 Surge in Electric Bus Registrations
2.3 Supply Chain Disruption
2.4 Rising Environment Awareness
2.5 Post-COVID Scenario

3. Market Analysis
3.1 Global Electric Bus Market Forecast by Value
3.2 Global Electric Bus Market by Sales Volume
3.3 Global Electric Bus Market Forecast by Sales Volume
3.4 Global Electric Bus Market by Stock
3.5 Global Electric Bus Market Forecast by Stock
3.6 Global Electric Bus Market by Propulsion
3.6.1 Global Electric Bus Market Sales Volume by Propulsion
3.6.2 Global Electric Bus Market Stock by Propulsion
3.6.3 Global Battery Electric Bus Market by Sales Volume
3.6.4 Global Battery Electric Bus Market Forecast by Sales Volume
3.6.5 Global Battery Electric Bus Market by Stock
3.6.6 Global Battery Electric Bus Market Forecast by Stock
3.6.7 Global Plug-in Hybrid Electric Bus Market by Sales Volume
3.6.8 Global Plug-in Hybrid Electric Bus Market Forecast by Sales Volume
3.6.9 Global Plug-in Hybrid Electric Bus Market by Stock
3.6.10 Global Plug-in Hybrid Electric Bus Market Forecast by Stock
3.6.11 Global Fuel Cell Electric Bus Market by Sales Volume
3.6.12 Global Fuel Cell Electric Bus Market Forecast by Sales Volume
3.6.13 Global Fuel Cell Electric Bus Market by Stock
3.6.14 Global Fuel Cell Electric Bus Market Forecast by Stock

4. China Market Analysis
4.1 China
4.1.1 China Electric Bus Market by Sales Volume
4.1.2 China Electric Bus Market Forecast by Sales Volume
4.1.3 China Electric Bus Market by Stock
4.1.4 China Electric Bus Market Forecast by Stock
4.1.5 China Electric Bus Market Sales Volume by Propulsion
4.1.6 China Electric Bus Market Stock by Propulsion
4.1.7 China Battery Electric Bus Market by Sales Volume
4.1.8 China Battery Electric Bus Market Forecast by Sales Volume
4.1.9 China Battery Electric Bus Market by Stock
4.1.10 China Battery Electric Bus Market Forecast by Stock
4.1.11 China Plug-in Hybrid Electric Bus Market by Sales Volume
4.1.12 China Plug-in Hybrid Electric Bus Market Forecast by Sales Volume
4.1.13 China Plug-in Hybrid Electric Bus Market by Stock
4.1.14 China Plug-in Hybrid Electric Bus Market Forecast by Stock
4.1.15 China Fuel Cell Electric Bus Market by Sales Volume
4.1.16 China Fuel Cell Electric Bus Market Forecast by Sales Volume
4.1.17 China Fuel Cell Electric Bus Market by Stock
4.1.18 China Fuel Cell Electric Bus Market Forecast by Stock

5. Market Dynamics
5.1 Growth Drivers
5.1.1 Rapid Urbanization
5.1.2 Increased Oil Prices
5.1.3 Surge in Air Pollution
5.1.4 Falling Prices of Batteries
5.1.5 Sustainable Alternative
5.2 Key Trends & Developments
5.2.1 Government Initiatives
5.2.2 Increase in Demand for Fuel-efficient Vehicles
5.2.3 Rising Demand for Electric School Buses
5.2.4 Light Weight Technology
5.3 Challenges
5.3.1 High Development Cost
5.3.2 Limited Battery Capacity
5.3.3 Growing Popularity of Natural Gas-fueled Buses

6. Competitive Landscape
6.1 Global Market
6.1.1 Revenue Comparison- Key Players
6.1.2 Market Capitalization Comparison- Key Players
6.1.3 Research & Development Expenses Comparison- Key Players
6.1.4 Key Milestones- Key Players
6.1.5 Comparison – Key Players
6.2 North America Market
6.2.1 North America Market Share - Key Players

7. Company Profiles
7.1 BYD Company Limited
7.1.1 Business Overview
7.1.2 Financial Overview
7.1.3 Business Strategies
7.2 Volvo Group
7.2.1 Business Overview
7.2.2 Financial Overview
7.2.3 Business Strategies
7.3 Daimler AG
7.3.1 Business Overview
7.3.2 Financial Overview
7.3.3 Business Strategies
7.4 Ebusco
7.4.1 Business Overview
7.4.2 Financial Overview
7.4.3 Business Strategies
7.5 Yutong Bus Co Ltd.
7.5.1 Business Overview
7.5.2 Business Strategies
7.6 Proterra Inc.
7.6.1 Business Overview
7.6.2 Business Strategies

List of Figures

Global Electric Bus Registrations (2016-2020)
Global Electric Bus Market Forecast by Value (2020-2026)
Global Electric Bus Market by Sales Volume (2017-2021)
Global Electric Bus Market Forecast by Sales Volume (2022-2026)
Global Electric Bus Market by Stock (2017-2021)
Global Electric Bus Market Forecast by Stock (2022-2026)
Global Electric Bus Market Sales Volume by Propulsion (2021)
Global Electric Bus Market Stock by Propulsion (2021)
Global Battery Electric Bus Market by Sales Volume (2017-2021)
Global Battery Electric Bus Market Forecast by Sales Volume (2022-2026)
Global Battery Electric Bus Market by Stock (2017-2021)
Global Battery Electric Bus Market Forecast by Stock (2022-2026)
Global Plug-in Hybrid Electric Bus Market by Sales Volume (2017-2021)
Global Plug-in Hybrid Electric Bus Market Forecast by Sales Volume (2022- 2026)
Global Plug-in Hybrid Electric Bus Market by Stock (2017-2021)
Global Plug-in Hybrid Electric Bus Market Forecast by Stock (2022-2026)
Global Fuel Cell Electric Bus Market by Sales Volume (2017-2021)
Global Fuel Cell Electric Bus Market Forecast by Sales Volume (2022-2026)
Global Fuel Cell Electric Bus Market by Stock (2017-2021)
Global Fuel Cell Electric Bus Market Forecast by Stock (2022-2026)
China Electric Bus Market by Sales Volume (2017-2021)
China Electric Bus Market Forecast by Sales Volume (2022-2026)
China Electric Bus Market by Stock (2017-2021)
China Electric Bus Market Forecast by Stock (2022-2026)
China Electric Bus Market Sales Volume by Propulsion (2021)
China Electric Bus Market Stock by Propulsion (2021)
China Battery Electric Bus Market by Sales Volume (2017-2021)
China Battery Electric Bus Market Forecast by Sales Volume (2022-2026)
China Battery Electric Bus Market by Stock (2017-2021)
China Battery Electric Bus Market Forecast by Stock (2022-2026)
China Plug-in Hybrid Electric Bus Market by Sales Volume (2017-2021)
China Plug-in Hybrid Electric Bus Market Forecast by Sales Volume (2022-2026)
China Plug-in Hybrid Electric Bus Market by Stock (2017-2021)
China Plug-in Hybrid Electric Bus Market Forecast by Stock (2022-2026)
China Fuel Cell Electric Bus Market by Sales Volume (2017-2021)
China Fuel Cell Electric Bus Market Forecast by Sales Volume (2022-2026)
China Fuel Cell Electric Bus Market by Stock (2017-2021)
China Fuel Cell Electric Bus Market Forecast by Stock (2022-2026)
Global Urban Population (2017-2021)
OPEC Basket Price (Jan 2018- Jan 2022)
Global CO2 emissions from Fossil Fuels (2017-2021)
Global Lithium-ion Battery Pack Cost (2016-2020)
Key Players – North America Market Share (2020)
Business Segments
BYD Company Limited Revenue & Gross Profit (2016-2020)
BYD Company Limited Revenue by Segment (2020)
BYD Company Limited Revenue by Geography (2020)
Business Segments
Volvo Group Net Sales & Gross Income (2016-2020)
Volvo Group Net Sales by Segment (2020)
Volvo Group Net Sales by Geography (2020)
Business Segments
Daimler AG Revenue & Net Profit (2016-2020)
Daimler AG Revenue by Segment (2020)
Daimler AG Revenue by Geography (2020)
Ebusco Revenue & Gross Profit (2018-2020)

List of Tables

History of Electric Vehicle
Key Players - Revenue Comparison (2020)
Key Players – Market Capitalization Comparison (2022)
Key Players - Research and Development Expenses (2020)
Key Milestones- Key Players
Key Players – Comparison

  • Global Electric Logistics Vehicle Industry Research Report, Growth Trends and Competitive Analysis 2022-2028
    Published: 05-Oct-2022        Price: US 5600 Onwards        Pages: 117
    Report Scope This latest report researches the industry structure, capacity, production, sales (consumption), revenue, price and gross margin. Major producers' production locations, market shares, industry ranking and profiles are presented. The primary and secondary research is done in order to access up-to-date government regulations, market information and industry data. Data were collected from the Electric Logistics Vehicle manufacturers, distributors, end users, industry association......
  • Hybrid Vehicles Markets in China
    Published: 05-Oct-2022        Price: US 4000 Onwards        Pages: 204
    China's demand for Hybrid Vehicles has grown at a fast pace in the past decade. In the next decade, both production and demand will continue to grow. The Chinese economy maintains a high speed growth which has been stimulated by the consecutive increases of industrial output, imports & exports, consumer consumption and capital investment for over two decades. This new study examines China's economic trends, investment environment, industry development, supply and demand, industry capacity, indus......
  • Hybrid Vehicles Industry Forecasts - China Focus
    Published: 05-Oct-2022        Price: US 1800 Onwards        Pages: 88
    This study focuses on China's Hybrid Vehicles industry forecasts. In the two past decades, the industry has been growing at a fast pace. The dramatic expansions of the manufacturing capabilities and rising consumer consumptions in China have transformed China's society and economy. China is one of the world's major producers for industrial and consumer products. Far outpacing other economies in the world, China is the world's fastest growing market for the consumptions of goods and services. The......
  • Hybrid Vehicles Companies in China
    Published: 05-Oct-2022        Price: US 1800 Onwards        Pages: 65
    This study focuses on China's Hybrid Vehicles industry assessments and company profiles. In the two past decades, the industry has been growing at a fast pace. The dramatic expansions of the manufacturing capabilities and rising consumer consumptions in China have transformed China's society and economy. China is one of the world's major producers for industrial and consumer products. Far outpacing other economies in the world, China is the world's fastest growing market for the consumptions of ......
  • Electric Vehicles Markets in China
    Published: 05-Oct-2022        Price: US 4000 Onwards        Pages: 216
    China's demand for Electric Vehicles has grown at a fast pace in the past decade. In the next decade, both production and demand will continue to grow. The Chinese economy maintains a high speed growth which has been stimulated by the consecutive increases of industrial output, imports & exports, consumer consumption and capital investment for over two decades. This new study examines China's economic trends, investment environment, industry development, supply and demand, industry capacity, ind......
  • Electric Vehicles Industry Forecasts - China Focus
    Published: 05-Oct-2022        Price: US 1800 Onwards        Pages: 101
    This study focuses on China's Electric Vehicles industry forecasts. In the two past decades, the industry has been growing at a fast pace. The dramatic expansions of the manufacturing capabilities and rising consumer consumptions in China have transformed China's society and economy. China is one of the world's major producers for industrial and consumer products. Far outpacing other economies in the world, China is the world's fastest growing market for the consumptions of goods and services. T......
  • Electric Vehicles Companies in China
    Published: 05-Oct-2022        Price: US 1800 Onwards        Pages: 65
    This study focuses on China's Electric Vehicles industry assessments and company profiles. In the two past decades, the industry has been growing at a fast pace. The dramatic expansions of the manufacturing capabilities and rising consumer consumptions in China have transformed China's society and economy. China is one of the world's major producers for industrial and consumer products. Far outpacing other economies in the world, China is the world's fastest growing market for the consumptions o......
  • Global Hybrid Vehicles Industry Research Report, Growth Trends and Competitive Analysis 2022-2028
    Published: 04-Oct-2022        Price: US 5600 Onwards        Pages: 124
    Report Scope This latest report researches the industry structure, capacity, production, sales (consumption), revenue, price and gross margin. Major producers' production locations, market shares, industry ranking and profiles are presented. The primary and secondary research is done in order to access up-to-date government regulations, market information and industry data. Data were collected from the Hybrid Vehicles manufacturers, distributors, end users, industry associations, governme......
  • Global Electric Unicycle Market Research Report 2022 (Status and Outlook)
    Published: 02-Oct-2022        Price: US 3200 Onwards        Pages: 116
    Report Overview Electric Unicycle is a means of transportation that relies on electric drive and self-balancing. Bosson Research's latest report provides a deep insight into the global Electric Unicycle market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter's five forces analysis, value chain analysis......
  • SERVICES
    Value for Money
    We believe in "optimum utilization of available budget and resources". While servicing our clients' (your) market research requirements, we keep the same approach in focus to help you get the best value for your $$s.
    Ever Growing Inventory
    Ranging from the smallest feasible / required data (datasheets, data facts, SWOT analysis, company profiles, etc) to full research reports that help you make decisions, our inventory is updated almost on a daily basis with the latest industry reports from domain experts that track more than 5000 niche sectors.
    One Stop Solution
    Need a custom research report on medical devices market? Require all available business intelligence on 3D printing industry? Exploring F&B sector of a particular country/region? RnRMarketResearch.com is your one-stop-solution to all market intelligence needs. We not only offer custom research and consulting services, we also "bundle" reports to meet your needs and help you fetch the data analysis you require for your business.
    Dedicated Client Engagement
    Not limited to only "finding" relevant reports for you, our client engagement team dedicates its efforts to understand your "business need" and accordingly maps available research data to help you move forward. Call "your" client engagement executive any time of your day and get your questions answered in order to make the correct business decision.
    Saving Time and Efforts
    Simply share your research requirement details with us and let us do all the hard work to find required intelligence for you. When you add up our "one stop solution" and "dedicated client engagement" services mentioned above, you obviously know the time and effort saving you do by working with us.
    Payment Flexibility
    Working with Fortune 500 organizations, we understand the importance of being flexible for payments. Share your payment terms with us and we will surely match up to them to ensure you get access to required business intelligence data without having to wait for the payment to be done.
    Post-Purchase Research Support
    Have questions after reading a report / datasheet bought through us? Not sure about the methodology used for data available in the research? Talk to us / Share your questions with us and if required, we will connect you with the analyst(s)/author(s) of the report(s) and ensure you get satisfactory answers for the same. Need more data / analysis / report(s) on the topic of your research/project? The RnRMarketResearch.com team is here for you 24X7 to support you with your post-purchase requirements. Subscription Offers & Packages (Get in touch with us for more details - [email protected] / +1 888 391 5441 )
    • Ad Hoc
    • Pay - as - you - go / Bucket Subscriptions
    • Fixed Cost for #of reports
    • Customize / Personalize as per your needs