Key Trends Reshaping the Electric Mid- And Large (9-14m) Bus Market: Advancements In Hydrogen-Powered Fuel Cell Electric Vehicles (Fcevs) In The Electric Mid- And Large Bus Market Industry Transformation

Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.

Electric Mid- And Large (9-14m) Bus Market Size Growth Forecast: What to Expect by 2025?
The market size for mid- and large-sized electric buses, ranging from 9 to 14 meters, has seen significant expansion recently. The economic value of this market is estimated to ascend from $8.84 billion in 2024 to $10.25 billion in 2025, reflecting a compound annual growth rate (CAGR) of 16.0%. Factors such as environmental consciousness and legislation, government strategies and incentives, along with factors like urbanization and the increased demand for public transportation have contributed to the growth noted in the historical period.

How Will the Electric Mid- And Large (9-14m) Bus Market Size Evolve and Grow by 2029?
The market size of electric mid- and large (9-14m) buses is anticipated to undergo fast expansion in the coming years, reaching $18.28 billion by 2029 with a compound annual growth rate (CAGR) of 15.6%. The projected growth in this period is a result of factors such as the efficient electric drivetrain, government backing and incentives, efforts to combat climate change, the public's preference for eco-friendly transportation, and the adoption of autonomous technology. Noteworthy trends expected during this forecast period are improvements in battery technology, the incorporation of intelligent features, and the growth of charging infrastructure.

View the full report here:
https://www.thebusinessresearchcompany.com/report/electric-mid-and-large-9-14m-bus-global-market-report

What Drivers Are Propelling the Growth of Electric Mid- And Large (9-14m) Bus Market Forward?
The surge in the need for public transport is predicted to fuel the expansion of the electric medium- and large-sized (9-14m) bus market. Public transport, also referred to as mass transit, involves several transportation forms accessible to the public, which operate on predetermined routes and timetables. The rising demand for public transport services is a result of a myriad of factors including demographic shifts, environmental necessities, economic factors, technological innovations, and alterations in societal perceptions. Medium and large-sized buses (9-14 meters), play a significant role in amplifying the capacity, proficiency, and eco-friendliness of public transit systems. Their capacity to carry several passengers, alongside the advantages of contemporary electric bus technology, position them as invaluable resources in addressing the escalating demand for public transport in cities and suburbs. For example, data from the Metropolitan Transportation Authority, a transportation network based in the US, indicates that the total yearly bus ridership in the US jumped from 71.4 million rides in 2021 to 82.6 million in 2022. Besides, the total annual subway users in the US rose from 75.9 million in 2021 to 1.01 billion rides in 2022. Consequently, the augmenting demand for public transport is stimulating the development of the electric medium- and large-sized (9-14m) bus market.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=16406&type=smp

Which Emerging Trends Are Transforming the Electric Mid- And Large (9-14m) Bus Market in 2025?
Key players in the mid- to large-sized (9-14m) electric bus industry are concentrating their efforts on the creation of novel products, like hydrogen-fuelled fuel cell electric vehicles (FCEVs). These provide an alternative zero-emissions option to traditional battery-electric buses. As FCEVs, they utilise hydrogen as fuel that is then transformed into electricity via a chemical process within the fuel cell. An example of this was seen in October 2023 when the Italian auto firm Iveco Group N.V. joined forces with South Korea's Hyundai Motor Company to introduce IVECO BUS E-WAY H2. This 12-meter hydrogen-powered bus boasts a low-floor design for city use. The bus is crafted using a hybrid-mid power concept to maximise the charging process, thereby boosting the performance and longevity of the onboard battery pack and fuel cell system. The E-WAY H2 bus has a 310-kW electric engine and a sophisticated fuel cell, accompanied by four hydrogen tanks with a 7.8 kg capacity and a 69 kWh battery pack supplied by FPT Industrial, the powertrain tech brand of Iveco Group. Accordingly, the bus can travel up to 450 km under typical use conditions.

What Are the Key Segments in the Electric Mid- And Large (9-14m) Bus Market?
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

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=16406&type=smp

Who Are the Key Players Shaping the Electric Mid- And Large (9-14m) Bus Market's Competitive Landscape?
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

What Geographic Markets Are Powering Growth in the Electric Mid- And Large (9-14m) Bus Market?
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.

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=16406

This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 7882 955267,
Asia: +91 88972 63534,
Americas: +1 310-496-7795 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.