Electric Drive Buses Market Insights, Global Outlook and Forecast 2022-2028
Electric Drive Buses Market Insights, Global Outlook and Forecast 2022-2028
Discover the latest insights into the booming Electric Drive Buses Market. This report analyzes market size, growth trends (CAGR ), key players, and regional performance, offering valuable data for investors and industry professionals. Explore market drivers, restraints, and future projections for -.
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The latest research study released by Market IntelliX evaluates market size and forecasts of Electric Drive Buses in global, including the following market information:
Global Electric Drive Buses Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Electric Drive Buses Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Electric Drive Buses companies in 2021 (%)
The global Electric Drive Buses market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Hybrid Electric Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Electric Drive Buses include Proterra, EBus, ElDorado National, GILLIG, IC Bus, NABI, New Flyer Industries, Nova Bus and Trans Tech, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MI has surveyed the Electric Drive Buses manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Market Segmentations:
Global Electric Drive Buses Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Electric Drive Buses Market Segment Percentages, by Type, 2021 (%)
Hybrid Electric
Plug-in Hybrid Electric
Battery Electric
Global Electric Drive Buses Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Electric Drive Buses Market Segment Percentages, by Application, 2021 (%)
Transit Buses
School Buses
Coach Buses
Others
Global Electric Drive Buses Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Electric Drive Buses Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Electric Drive Buses revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Electric Drive Buses revenues share in global market, 2021 (%)
Key companies Electric Drive Buses sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Electric Drive Buses sales share in global market, 2021 (%)
The report presents profiles of competitors in the market, Some of the prominent key players covered:
Proterra
EBus
ElDorado National
GILLIG
IC Bus
NABI
New Flyer Industries
Nova Bus
Trans Tech
Alexander Dennis
Ashok Leyland
BYD
Daimler
Optare
Tata Motors
Van Hool
Wright Bus
Key Takeaways from this Report
Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level – for product types, end use applications and by different industry verticals.
Understand the different dynamics influencing the market – key driving factors, challenges and hidden opportunities.
Get in-depth insights on your competitor performance – market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
Analyze the sales and distribution channels across key geographies to improve top-line revenues.
Understand the industry supply chain with a deep-dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years.
Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.
1 Introduction to Research & Analysis Reports
1.1 Electric Drive Buses Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Electric Drive Buses Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Electric Drive Buses Overall Market Size
2.1 Global Electric Drive Buses Market Size: 2021 VS 2028
2.2 Global Electric Drive Buses Revenue, Prospects & Forecasts: 2017-2028
2.3 Global Electric Drive Buses Sales: 2017-2028
3 Company Landscape
3.1 Top Electric Drive Buses Players in Global Market
3.2 Top Global Electric Drive Buses Companies Ranked by Revenue
3.3 Global Electric Drive Buses Revenue by Companies
3.4 Global Electric Drive Buses Sales by Companies
3.5 Global Electric Drive Buses Price by Manufacturer (2017-2022)
3.6 Top 3 and Top 5 Electric Drive Buses Companies in Global Market, by Revenue in 2021
3.7 Global Manufacturers Electric Drive Buses Product Type
3.8 Tier 1, Tier 2 and Tier 3 Electric Drive Buses Players in Global Market
3.8.1 List of Global Tier 1 Electric Drive Buses Companies
3.8.2 List of Global Tier 2 and Tier 3 Electric Drive Buses Companies
4 Sights by Product
4.1 Overview
4.1.1 By Type - Global Electric Drive Buses Market Size Markets, 2021 & 2028
4.1.2 Hybrid Electric
4.1.3 Plug-in Hybrid Electric
4.1.4 Battery Electric
4.2 By Type - Global Electric Drive Buses Revenue & Forecasts
4.2.1 By Type - Global Electric Drive Buses Revenue, 2017-2022
4.2.2 By Type - Global Electric Drive Buses Revenue, 2023-2028
4.2.3 By Type - Global Electric Drive Buses Revenue Market Share, 2017-2028
4.3 By Type - Global Electric Drive Buses Sales & Forecasts
4.3.1 By Type - Global Electric Drive Buses Sales, 2017-2022
4.3.2 By Type - Global Electric Drive Buses Sales, 2023-2028
4.3.3 By Type - Global Electric Drive Buses Sales Market Share, 2017-2028
4.4 By Type - Global Electric Drive Buses Price (Manufacturers Selling Prices), 2017-2028
5 Sights By Application
5.1 Overview
5.1.1 By Application - Global Electric Drive Buses Market Size, 2021 & 2028
5.1.2 Transit Buses
5.1.3 School Buses
5.1.4 Coach Buses
5.1.5 Others
5.2 By Application - Global Electric Drive Buses Revenue & Forecasts
5.2.1 By Application - Global Electric Drive Buses Revenue, 2017-2022
5.2.2 By Application - Global Electric Drive Buses Revenue, 2023-2028
5.2.3 By Application - Global Electric Drive Buses Revenue Market Share, 2017-2028
5.3 By Application - Global Electric Drive Buses Sales & Forecasts
5.3.1 By Application - Global Electric Drive Buses Sales, 2017-2022
5.3.2 By Application - Global Electric Drive Buses Sales, 2023-2028
5.3.3 By Application - Global Electric Drive Buses Sales Market Share, 2017-2028
5.4 By Application - Global Electric Drive Buses Price (Manufacturers Selling Prices), 2017-2028
6 Sights by Region
6.1 By Region - Global Electric Drive Buses Market Size, 2021 & 2028
6.2 By Region - Global Electric Drive Buses Revenue & Forecasts
6.2.1 By Region - Global Electric Drive Buses Revenue, 2017-2022
6.2.2 By Region - Global Electric Drive Buses Revenue, 2023-2028
6.2.3 By Region - Global Electric Drive Buses Revenue Market Share, 2017-2028
6.3 By Region - Global Electric Drive Buses Sales & Forecasts
6.3.1 By Region - Global Electric Drive Buses Sales, 2017-2022
6.3.2 By Region - Global Electric Drive Buses Sales, 2023-2028
6.3.3 By Region - Global Electric Drive Buses Sales Market Share, 2017-2028
6.4 North America
6.4.1 By Country - North America Electric Drive Buses Revenue, 2017-2028
6.4.2 By Country - North America Electric Drive Buses Sales, 2017-2028
6.4.3 US Electric Drive Buses Market Size, 2017-2028
6.4.4 Canada Electric Drive Buses Market Size, 2017-2028
6.4.5 Mexico Electric Drive Buses Market Size, 2017-2028
6.5 Europe
6.5.1 By Country - Europe Electric Drive Buses Revenue, 2017-2028
6.5.2 By Country - Europe Electric Drive Buses Sales, 2017-2028
6.5.3 Germany Electric Drive Buses Market Size, 2017-2028
6.5.4 France Electric Drive Buses Market Size, 2017-2028
6.5.5 U.K. Electric Drive Buses Market Size, 2017-2028
6.5.6 Italy Electric Drive Buses Market Size, 2017-2028
6.5.7 Russia Electric Drive Buses Market Size, 2017-2028
6.5.8 Nordic Countries Electric Drive Buses Market Size, 2017-2028
6.5.9 Benelux Electric Drive Buses Market Size, 2017-2028
6.6 Asia
6.6.1 By Region - Asia Electric Drive Buses Revenue, 2017-2028
6.6.2 By Region - Asia Electric Drive Buses Sales, 2017-2028
6.6.3 China Electric Drive Buses Market Size, 2017-2028
6.6.4 Japan Electric Drive Buses Market Size, 2017-2028
6.6.5 South Korea Electric Drive Buses Market Size, 2017-2028
6.6.6 Southeast Asia Electric Drive Buses Market Size, 2017-2028
6.6.7 India Electric Drive Buses Market Size, 2017-2028
6.7 South America
6.7.1 By Country - South America Electric Drive Buses Revenue, 2017-2028
6.7.2 By Country - South America Electric Drive Buses Sales, 2017-2028
6.7.3 Brazil Electric Drive Buses Market Size, 2017-2028
6.7.4 Argentina Electric Drive Buses Market Size, 2017-2028
6.8 Middle East & Africa
6.8.1 By Country - Middle East & Africa Electric Drive Buses Revenue, 2017-2028
6.8.2 By Country - Middle East & Africa Electric Drive Buses Sales, 2017-2028
6.8.3 Turkey Electric Drive Buses Market Size, 2017-2028
6.8.4 Israel Electric Drive Buses Market Size, 2017-2028
6.8.5 Saudi Arabia Electric Drive Buses Market Size, 2017-2028
6.8.6 UAE Electric Drive Buses Market Size, 2017-2028
7 Manufacturers & Brands Profiles
7.1 Proterra
7.1.1 Proterra Corporate Summary
7.1.2 Proterra Business Overview
7.1.3 Proterra Electric Drive Buses Major Product Offerings
7.1.4 Proterra Electric Drive Buses Sales and Revenue in Global (2017-2022)
7.1.5 Proterra Key News
7.2 EBus
7.2.1 EBus Corporate Summary
7.2.2 EBus Business Overview
7.2.3 EBus Electric Drive Buses Major Product Offerings
7.2.4 EBus Electric Drive Buses Sales and Revenue in Global (2017-2022)
7.2.5 EBus Key News
7.3 ElDorado National
7.3.1 ElDorado National Corporate Summary
7.3.2 ElDorado National Business Overview
7.3.3 ElDorado National Electric Drive Buses Major Product Offerings
7.3.4 ElDorado National Electric Drive Buses Sales and Revenue in Global (2017-2022)
7.3.5 ElDorado National Key News
7.4 GILLIG
7.4.1 GILLIG Corporate Summary
7.4.2 GILLIG Business Overview
7.4.3 GILLIG Electric Drive Buses Major Product Offerings
7.4.4 GILLIG Electric Drive Buses Sales and Revenue in Global (2017-2022)
7.4.5 GILLIG Key News
7.5 IC Bus
7.5.1 IC Bus Corporate Summary
7.5.2 IC Bus Business Overview
7.5.3 IC Bus Electric Drive Buses Major Product Offerings
7.5.4 IC Bus Electric Drive Buses Sales and Revenue in Global (2017-2022)
7.5.5 IC Bus Key News
7.6 NABI
7.6.1 NABI Corporate Summary
7.6.2 NABI Business Overview
7.6.3 NABI Electric Drive Buses Major Product Offerings
7.6.4 NABI Electric Drive Buses Sales and Revenue in Global (2017-2022)
7.6.5 NABI Key News
7.7 New Flyer Industries
7.7.1 New Flyer Industries Corporate Summary
7.7.2 New Flyer Industries Business Overview
7.7.3 New Flyer Industries Electric Drive Buses Major Product Offerings
7.7.4 New Flyer Industries Electric Drive Buses Sales and Revenue in Global (2017-2022)
7.7.5 New Flyer Industries Key News
7.8 Nova Bus
7.8.1 Nova Bus Corporate Summary
7.8.2 Nova Bus Business Overview
7.8.3 Nova Bus Electric Drive Buses Major Product Offerings
7.8.4 Nova Bus Electric Drive Buses Sales and Revenue in Global (2017-2022)
7.8.5 Nova Bus Key News
7.9 Trans Tech
7.9.1 Trans Tech Corporate Summary
7.9.2 Trans Tech Business Overview
7.9.3 Trans Tech Electric Drive Buses Major Product Offerings
7.9.4 Trans Tech Electric Drive Buses Sales and Revenue in Global (2017-2022)
7.9.5 Trans Tech Key News
7.10 Alexander Dennis
7.10.1 Alexander Dennis Corporate Summary
7.10.2 Alexander Dennis Business Overview
7.10.3 Alexander Dennis Electric Drive Buses Major Product Offerings
7.10.4 Alexander Dennis Electric Drive Buses Sales and Revenue in Global (2017-2022)
7.10.5 Alexander Dennis Key News
7.11 Ashok Leyland
7.11.1 Ashok Leyland Corporate Summary
7.11.2 Ashok Leyland Electric Drive Buses Business Overview
7.11.3 Ashok Leyland Electric Drive Buses Major Product Offerings
7.11.4 Ashok Leyland Electric Drive Buses Sales and Revenue in Global (2017-2022)
7.11.5 Ashok Leyland Key News
7.12 BYD
7.12.1 BYD Corporate Summary
7.12.2 BYD Electric Drive Buses Business Overview
7.12.3 BYD Electric Drive Buses Major Product Offerings
7.12.4 BYD Electric Drive Buses Sales and Revenue in Global (2017-2022)
7.12.5 BYD Key News
7.13 Daimler
7.13.1 Daimler Corporate Summary
7.13.2 Daimler Electric Drive Buses Business Overview
7.13.3 Daimler Electric Drive Buses Major Product Offerings
7.13.4 Daimler Electric Drive Buses Sales and Revenue in Global (2017-2022)
7.13.5 Daimler Key News
7.14 Optare
7.14.1 Optare Corporate Summary
7.14.2 Optare Business Overview
7.14.3 Optare Electric Drive Buses Major Product Offerings
7.14.4 Optare Electric Drive Buses Sales and Revenue in Global (2017-2022)
7.14.5 Optare Key News
7.15 Tata Motors
7.15.1 Tata Motors Corporate Summary
7.15.2 Tata Motors Business Overview
7.15.3 Tata Motors Electric Drive Buses Major Product Offerings
7.15.4 Tata Motors Electric Drive Buses Sales and Revenue in Global (2017-2022)
7.15.5 Tata Motors Key News
7.16 Van Hool
7.16.1 Van Hool Corporate Summary
7.16.2 Van Hool Business Overview
7.16.3 Van Hool Electric Drive Buses Major Product Offerings
7.16.4 Van Hool Electric Drive Buses Sales and Revenue in Global (2017-2022)
7.16.5 Van Hool Key News
7.17 Wright Bus
7.17.1 Wright Bus Corporate Summary
7.17.2 Wright Bus Business Overview
7.17.3 Wright Bus Electric Drive Buses Major Product Offerings
7.17.4 Wright Bus Electric Drive Buses Sales and Revenue in Global (2017-2022)
7.17.5 Wright Bus Key News
8 Global Electric Drive Buses Production Capacity, Analysis
8.1 Global Electric Drive Buses Production Capacity, 2017-2028
8.2 Electric Drive Buses Production Capacity of Key Manufacturers in Global Market
8.3 Global Electric Drive Buses Production by Region
9 Key Market Trends, Opportunity, Drivers and Restraints
9.1 Market Opportunities & Trends
9.2 Market Drivers
9.3 Market Restraints
10 Electric Drive Buses Supply Chain Analysis
10.1 Electric Drive Buses Industry Value Chain
10.2 Electric Drive Buses Upstream Market
10.3 Electric Drive Buses Downstream and Clients
10.4 Marketing Channels Analysis
10.4.1 Marketing Channels
10.4.2 Electric Drive Buses Distributors and Sales Agents in Global
11 Conclusion
12 Appendix
12.1 Note
12.2 Examples of Clients
12.3 Disclaimer
Research Methodology:
Electric Drive Buses Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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