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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Latin America Electric Bus Market Overview
8.1 Key Industry Highlights
8.2 Latin America Electric Bus Historical Market (2018-2023)
8.3 Latin America Electric Bus Market Forecast (2024-2032)
8.4 Latin America Electric Bus Market Breakup by Country
8.4.1 Brazil
8.4.2 Mexico
8.4.3 Argentina
8.4.4 Others
9 Mexico Electric Bus Market Overview
9.1 Key Industry Highlights
9.2 Mexico Electric Bus Historical Market (2018-2023)
9.3 Mexico Electric Bus Market Forecast (2024-2032)
10 Mexico Electric Bus Market by Propulsion
10.1 Battery Electric Vehicle
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Plug-in Hybrid Electric Vehicle
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Fuel Cell Electric Vehicle
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
11 Mexico Electric Bus Market by Length
11.1 Less Than 9 Meters
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 9-14 Meters
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Above 14 Meters
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
12 Mexico Electric Bus Market by Power Output
12.1 Up to 250kW
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Above 250kW
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
13 Mexico Electric Bus Market by Battery Capacity
13.1 Up to 400 kWh
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 Above 400 kWh
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
14 Mexico Electric Bus Market by Application
14.1 Intercity
14.1.1 Historical Trend (2018-2023)
14.1.2 Forecast Trend (2024-2032)
14.2 Intracity
14.2.1 Historical Trend (2018-2023)
14.2.2 Forecast Trend (2024-2032)
15 Mexico Electric Bus Market by Ownership
15.1 Private
15.1.1 Historical Trend (2018-2023)
15.1.2 Forecast Trend (2024-2032)
15.2 Government
15.2.1 Historical Trend (2018-2023)
15.2.2 Forecast Trend (2024-2032)
16 Market Dynamics
16.1 SWOT Analysis
16.1.1 Strengths
16.1.2 Weaknesses
16.1.3 Opportunities
16.1.4 Threats
16.2 Porter’s Five Forces Analysis
16.2.1 Supplier’s Power
16.2.2 Buyer’s Power
16.2.3 Threat of New Entrants
16.2.4 Degree of Rivalry
16.2.5 Threat of Substitutes
16.3 Key Indicators for Demand
16.4 Key Indicators for Price
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 BYD Motors Inc.
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 Mercedes-Benz Group AG
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 AB Volvo
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 Hyundai Motor Co.
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 Yutong Bus Co., Ltd.
17.2.5.1 Company Overview
17.2.5.2 Product Portfolio
17.2.5.3 Demographic Reach and Achievements
17.2.5.4 Certifications
17.2.6 Higer Bus Company Limited
17.2.6.1 Company Overview
17.2.6.2 Product Portfolio
17.2.6.3 Demographic Reach and Achievements
17.2.6.4 Certifications
17.2.7 Liaoning SG Automotive Group Co., Ltd.
17.2.7.1 Company Overview
17.2.7.2 Product Portfolio
17.2.7.3 Demographic Reach and Achievements
17.2.7.4 Certifications
17.2.8 Xiamen King Long International Trading Co., Ltd.
17.2.8.1 Company Overview
17.2.8.2 Product Portfolio
17.2.8.3 Demographic Reach and Achievements
17.2.8.4 Certifications
17.2.9 Anhui Ankai Automobile Co. Ltd.
17.2.9.1 Company Overview
17.2.9.2 Product Portfolio
17.2.9.3 Demographic Reach and Achievements
17.2.9.4 Certifications
17.2.10 Others
18 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Latin America Electric Bus Market: Key Industry Highlights, 2018 and 2032
2. Mexico Electric Bus Market: Key Industry Highlights, 2018 and 2032
3. Mexico Electric Bus Historical Market: Breakup by Propulsion (USD Million), 2018-2023
4. Mexico Electric Bus Market Forecast: Breakup by Propulsion (USD Million), 2024-2032
5. Mexico Electric Bus Historical Market: Breakup by Length (USD Million), 2018-2023
6. Mexico Electric Bus Market Forecast: Breakup by Length (USD Million), 2024-2032
7. Mexico Electric Bus Historical Market: Breakup by Power Output (USD Million), 2018-2023
8. Mexico Electric Bus Market Forecast: Breakup by Power Output (USD Million), 2024-2032
9. Mexico Electric Bus Historical Market: Breakup by Battery Capacity (USD Million), 2018-2023
10. Mexico Electric Bus Market Forecast: Breakup by Battery Capacity (USD Million), 2024-2032
11. Mexico Electric Bus Historical Market: Breakup by Application (USD Million), 2018-2023
12. Mexico Electric Bus Market Forecast: Breakup by Application (USD Million), 2024-2032
13. Mexico Electric Bus Historical Market: Breakup by Ownership (USD Million), 2018-2023
14. Mexico Electric Bus Market Forecast: Breakup by Ownership (USD Million), 2024-2032
15. Mexico Electric Bus Market Structure
In 2023, the market reached an approximate value of USD 245.32 million.
The market is estimated to grow at a CAGR of 27.6% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of around USD 2199.83 million by 2032.
The different segments based on bus length include a length of less than 9 meters, 9-14 meters, and above 14 meters.
The various segments based on the propulsion type of electric bus are battery electric vehicle, plug-in hybrid electric vehicle, and fuel cell electric vehicle.
The major applications of electric buses include intercity and intracity.
The major players in the market are BYD Motors Inc., Mercedes-Benz Group AG, AB Volvo, Hyundai Motor Co., Yutong Bus Co., Ltd., Higer Bus Company Limited, Liaoning SG Automotive Group Co., Ltd., Xiamen King Long International Trading Co., Ltd., and Anhui Ankai Automobile Co. Ltd., among others.
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