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Mexico Electric Bus Market

Mexico Electric Bus Market Size, Share, Trends, Growth: By Propulsion: Battery Electric Vehicle, Plug-in Hybrid Electric Vehicle, Fuel Cell Electric Vehicle; By Length: Less Than 9 Meters, 9-14 Meters, Above 14 Meters; By Power Output: Up to 250kW, Above 250kW; By Battery Capacity; By Application; By Ownership; Competitive Landscape; 2024-2032

*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

Key Questions Answered in the Report

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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