Electric Mid- And Large (9-14m) Bus Market Forecast 2025-2034: Evaluating Growth Factors, Segments, and Emerging Trends

Which drivers are expected to have the greatest impact on the over the electric mid- and large (9-14m) bus market's growth?
The increasing demand for public transportation is expected to drive the growth of the electric mid- and large (9-14m) bus market. Public transportation demand is growing due to demographic shifts, environmental concerns, and economic factors. Electric mid- and large buses (9-14m) are essential in modernizing public transit systems, offering benefits such as reduced emissions and operational efficiency. For instance, in 2022, the Metropolitan Transportation Authority reported increased bus ridership in the U.S., a trend that is expected to continue, further driving the demand for electric buses.

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What is the future CAGR of the electric mid- and large (9-14m) bus market, and how will it impact industry expansion?
The electric mid- and large (9-14m) bus market will grow from $8.84 billion in 2024 to $10.25 billion in 2025, at a CAGR of 16.0%. Key drivers include environmental concerns, government policies and incentives, and the demand for urban public transport.

The electric mid- and large (9-14m) bus market is expected to grow rapidly, reaching $18.28 billion by 2029 with a CAGR of 15.6%. Growth is driven by electric drivetrain efficiency, government support, climate change mitigation, public demand for clean transport, and autonomous technology. Trends include advancements in battery technology, smart features integration, and expanding charging infrastructure.

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What are the most significant trends transforming the electric mid- and large (9-14m) bus market today?
Companies in the electric mid- and large (9-14m) bus market are working on hydrogen-powered fuel cell electric vehicles (FCEVs) as a zero-emission alternative to battery-electric buses. These vehicles use hydrogen to generate electricity via a fuel cell. In October 2023, Iveco Group N.V. and Hyundai Motor Company introduced the IVECO BUS E-WAY H2, a 12-meter hydrogen-powered fuel cell city bus. This bus is equipped with a 310-kW electric motor, four hydrogen tanks, and a 69 kWh battery pack, offering a range of 450 km on a single charge.

Which key market segments comprise the electric mid- and large (9-14m) bus market and drive its revenue growth?
The electric mid- and large (9-14m) bus market covered in this report is segmented -

1) By Propulsion: Fuel Cell Electric Vehicle (FCEV), Diesel, Gasoline, Compressed Natural Gas (CNG), Liquefied Natural Gas (LNG), Hybrid Electric Vehicle (HEV) And Plug-In Electric Vehicle (PEV), Battery Electric Vehicle (BEV), Lithium Iron Phosphate (LFP)
2) By Seating Capacity: 70 Seats And Above, Below 70 Seats
3) By Level Of Autonomy: Autonomous, Manual, Semi-Autonomous
4) By Application: Coaches, City Or Transit Bus, School Bus, Midi Bus
5) By End-Use: Private, Public

Subsegments:
1) By Fuel Cell Electric Vehicle (Fcev): Proton Exchange Membrane Fuel Cells (Pemfc), Solid Oxide Fuel Cells (Sofc)
2) By Diesel: Standard Diesel Buses, Low Emission Diesel Buses
3) By Gasoline: Standard Gasoline Buses, Low Emission Gasoline Buses
4) By Compressed Natural Gas (Cng): Cng Buses For Urban Transport, Cng Buses For Intercity Routes
5) By Liquefied Natural Gas (Lng): Lng Buses For Long-Distance Routes, Lng Buses For High Capacity Urban Routes
6) By Hybrid Electric Vehicle (Hev) And Plug-In Electric Vehicle (Pev): Hev (Hybrid), Pev (Plug-In Hybrid)
7) By Battery Electric Vehicle (Bev): Standard Battery Electric Buses, Fast Charging Battery Electric Buses, Overnight Charging Battery Electric Buses
8) By Lithium Iron Phosphate (Lfp): Lfp Battery-Powered Buses For Urban Transport, Lfp Battery-Powered Buses For Long-Distance Routes

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What regions are at the forefront of electric mid- and large (9-14m) bus market expansion?
North America was the largest region in the electric mid- and large (9-14M) bus market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the electric mid- and large (9-14m) bus market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Who are the leading players fueling growth in the electric mid- and large (9-14m) bus market?
Major companies operating in the electric mid- and large (9-14M) bus market are BYD Company Ltd., Daimler Truck AG, Tata Motors, AB Volvo, CRRC Zhuzhou Locomotive Co. Ltd., Cummins Inc., Transdev, Yutong Bus Co. Ltd., NFI Group, Blue Bird Corporation, Solaris Bus & Coach sp. z o.o., Nova Bus, VDL Bus & Coach, Proterra Inc., Anhui Ankai Automobile Co. Ltd., Lion Electric Co., Pelican Engineering Group, GreenPower Motor Company, Jefferson Transit Authority, Eicher Motors Limited

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What Is Covered In The Electric Mid- And Large (9-14m) Bus Global Market Report?

•Market Size Forecast: Examine the electric mid- and large (9-14m) bus market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the electric mid- and large (9-14m) bus market for a structured understanding.
•Key Players Overview: Analyze major players in the electric mid- and large (9-14m) bus market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the electric mid- and large (9-14m) bus market.
•Segment Contributions: Evaluate how different segments drive overall growth in the electric mid- and large (9-14m) bus market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the electric mid- and large (9-14m) bus market.
•Industry Challenges: Identify potential risks and obstacles affecting the electric mid- and large (9-14m) bus market.
•Competitive Landscape: Review strategic developments in the electric mid- and large (9-14m) bus market, including expansions, agreements, and new product launches.

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