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Market players are focused on manufacturing battery electric buses, hybrid electric buses, and fuel cell electric buses, with a strong emphasis on reducing carbon emissions
Blue Bird Corporation, based in Georgia, the United States, is a bus manufacturer. The company primarily focuses on school buses, pupil activity buses (SPAB), and speciality vehicle derivatives. The company has a presence in more than 60 countries and sales in Africa, Asia, Latin America, Europe, and the Middle East.
Gillig LLC, headquartered in California, the United States, is a bus designer and manufacturer company founded in 1890. The company is the leading manufacturer of heavy-duty transit buses in the United States. The company has maintained a reputation as the lowest-cost buses to maintain and operate.
Proterra Inc. is a California-based automotive and energy storage company that designs and produces battery electric transit buses, battery systems, and charging solutions for heavy-duty vehicles. The company was established in 2004. The company has 3 facilities, one in California and two in South Carolina.
BYD Motors Inc. is a leading electric vehicle manufacturer, focusing on zero-emission transportation solutions. It is headquartered in Los Angeles, California, and was founded in 1995. The company is a wholly owned subsidiary of BYD Company Ltd, the largest domestic auto-manufacturer and electric-bus manufacturer in China.
Other key players in the United States electric bus market include Volvo AB, Daimler Truck Holding AG, Hyundai Motor Company, Lion Electric Company, NFI Group Inc., Motiv Power Systems Inc., and GreenPower Motor Company Inc., among others.
United States Electric Bus Market Size
United States Electric Bus Market Growth
United States Electric Bus Market Share
United States Electric Bus Market Trends
United States Electric Bus Market Regional Analysis
United States Electric Bus Manufacturers
*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.*
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In 2023, the United States electric bus market reached an approximate value of USD 889.42 million.
The market is expected to grow at a CAGR of 19.2% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to USD 4513.59 million by 2032.
The market is driven by the need for efficient and cost-effective transportation solutions, as well as the growing focus on reducing emissions and improving air quality.
Key trends aiding market expansion include the rising demand for clean transportation, infrastructural development activities, and the increasing research and development (R&D) activities by key players.
Regions considered in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Fuel cell electric vehicles (FCEV), battery electric vehicle (BEV), and plug-in hybrid electric vehicle (PHEV) are the major propulsion types for electric buses.
The major segments based on the length of electric buses in the market are less than 9 meters, 9-14 meters, and above 14 meters.
Key players in the market are BYD Motors Inc., Volvo AB, Daimler Truck Holding AG, Hyundai Motor Company, Proterra Inc., Gillig LLC, Blue Bird Corporation, Lion Electric Company, NFI Group Inc., Motiv Power Systems Inc., and GreenPower Motor Company Inc., among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124