Market Research Report

Global New Energy Passenger Bus Market Insights, Size, and Forecast By Bus Type (Standard Bus, Articulated Bus, Double Decker Bus, Mini Bus), By Power Source (Battery Electric Bus, Hydrogen Fuel Cell Bus, Hybrid Electric Bus), By Seating Capacity (Less than 30, 30 to 50, More than 50), By Application (Public Transport, Tourism, Shuttle Services, School Transport), By Region (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa), Key Companies, Competitive Analysis, Trends, and Projections for 2026-2035

Report ID:48526
Published Date:Jan 2026
No. of Pages:221
Base Year for Estimate:2025
Format:
Customize Report

Key Market Insights

Global New Energy Passenger Bus Market is projected to grow from USD 52.5 Billion in 2025 to USD 186.2 Billion by 2035, reflecting a compound annual growth rate of 14.2% from 2026 through 2035. This market encompasses the manufacturing, distribution, and operation of passenger buses powered by alternative energy sources such as electricity, hydrogen, and hybrid powertrains, designed for urban and interurban transportation. The robust growth is primarily driven by escalating global concerns regarding air pollution and climate change, prompting governments worldwide to implement stringent emission regulations and provide substantial incentives for the adoption of zero emission vehicles. Furthermore, the increasing urbanization and the need for efficient, sustainable public transportation systems are significant accelerators. Technological advancements in battery energy density, charging infrastructure, and fuel cell efficiency are continuously enhancing the viability and appeal of new energy buses. The market is segmented by Power Source, Bus Type, Seating Capacity, and Application, with Battery Electric Buses currently holding the largest share, indicating a strong preference for fully electric solutions due to their operational efficiency and established infrastructure.

Global New Energy Passenger Bus Market Value (USD Billion) Analysis, 2025-2035

maklogo
14.2%
CAGR from
2025 - 2035
Source:
www.makdatainsights.com

Despite the optimistic outlook, the market faces certain restraints. High upfront costs of new energy buses compared to traditional diesel counterparts, coupled with the significant investment required for charging or hydrogen refueling infrastructure, pose considerable barriers, particularly for developing economies. Range anxiety, especially for longer routes, and the limited availability of robust charging infrastructure outside major urban centers, also temper adoption rates. Moreover, the lifespan and recycling challenges associated with large capacity batteries present long term environmental and economic considerations. However, these challenges concurrently create immense opportunities. The continuous decline in battery costs, coupled with advancements in fast charging technology and solid state batteries, will make new energy buses more economically attractive. The expansion of smart city initiatives and integrated public transport networks also provides a fertile ground for market growth. Furthermore, the development of localized manufacturing capabilities and supply chains for key components will mitigate geopolitical risks and reduce costs.

Asia Pacific is the dominant region in the global new energy passenger bus market, primarily due to strong governmental support through subsidies and mandates, significant investment in public transportation infrastructure, and the presence of leading manufacturers. The region’s proactive stance in decarbonizing its transportation sector, driven by severe pollution issues in major cities, has fueled rapid adoption. Latin America, while smaller in scale, is the fastest growing region, propelled by increasing awareness of environmental issues, a growing middle class demanding better public transport, and supportive policies aimed at modernizing urban fleets. Key players such as New Flyer, Daimler AG, Ebusco, Volvo Group, Yutong, Keolis, NFI Group, Scania AB, Proterra, and Solaris Bus & Coach are strategically focusing on research and development to enhance vehicle performance, extend range, and reduce manufacturing costs. Their strategies also include forging partnerships with public transport operators and energy providers to build integrated ecosystems, offer comprehensive solutions, and expand their geographical footprint, particularly in emerging markets.

Quick Stats

  • Market Size (2025):

    USD 52.5 Billion
  • Projected Market Size (2035):

    USD 186.2 Billion
  • Leading Segment:

    Battery Electric Bus (68.4% Share)
  • Dominant Region (2025):

    Asia Pacific (85.2% Share)
  • CAGR (2026-2035):

    14.2%

What are the Key Drivers Shaping the Global New Energy Passenger Bus Market

Government Mandates & Incentives for Electrification

Governments worldwide are actively promoting electric buses through a combination of stringent mandates and attractive incentives. Regulations requiring public transport agencies to electrify their fleets, often with specific deadlines or quotas, are a primary driver. These mandates might include emission standards for new bus procurements or targets for the percentage of zero emission buses in operation. Simultaneously, financial incentives like subsidies for purchasing electric buses, tax breaks, and grants for charging infrastructure development significantly reduce the upfront costs for operators. Furthermore, policies prioritizing electric buses in public procurement tenders and providing preferential operating routes or access further accelerate adoption. These top-down government interventions create a powerful push for electrification.

Advancements in Battery Technology & Charging Infrastructure

Significant leaps in battery energy density and longevity are propelling the global new energy passenger bus market forward. These advancements translate into longer operational ranges and reduced downtime for recharging, addressing key concerns for fleet operators. Simultaneously, the proliferation of efficient and high power charging infrastructure, including rapid charging stations and smart grid integration, is making electric buses more practical and appealing. Improved battery chemistries offer enhanced safety and faster charging capabilities, while intelligent charging management systems optimize energy consumption. This dual progress in both battery performance and the supporting charging ecosystem is directly contributing to the increasing adoption of electric and fuel cell passenger buses worldwide, making them a viable and attractive alternative to traditional diesel vehicles for public and private transport.

Increasing Demand for Sustainable Urban Transportation

The rising global emphasis on combating climate change and improving air quality in cities is fueling a significant surge in demand for sustainable urban transportation solutions. Governments worldwide are implementing stricter emission regulations and offering incentives for eco-friendly public transit. Urban populations are also increasingly concerned about environmental impact and seek quieter, cleaner commuting options. This societal shift, coupled with growing awareness of the health benefits of reduced pollution, creates a powerful imperative for cities to adopt new energy passenger buses. Consumers and policymakers alike are prioritizing renewable energy and zero emission vehicles, driving substantial investment and expansion in the new energy bus market to meet this evolving need for greener urban mobility.

Global New Energy Passenger Bus Market Restraints

Geopolitical Tensions & Raw Material Supply Chain Vulnerabilities

Geopolitical tensions create significant vulnerabilities in the global new energy passenger bus market. Disputes, trade wars, or political instability in key resource-producing regions directly impact the availability and pricing of critical raw materials. Materials like lithium, cobalt, nickel, and rare earth elements, essential for batteries and electric motors, often originate from a concentrated number of countries. Any disruption to their extraction, processing, or transportation due to geopolitical events can cause severe supply shortages and dramatic price increases. This uncertainty hinders manufacturing, slows production cycles, and inflates overall costs for new energy buses. Furthermore, reliance on a few dominant suppliers or routes creates single points of failure, making the entire supply chain susceptible to external shocks and political leverage. Companies face increased risk, making long term planning and investment challenging.

Lack of Standardized Charging Infrastructure & Interoperability

The absence of a universal charging standard and seamless interoperability among different new energy passenger bus manufacturers and charging station providers creates significant hurdles. This disunity means diverse charging plugs, voltage requirements, and communication protocols often exist, leading to incompatible infrastructure. Bus fleet operators face challenges integrating various bus models into their networks, as a single charging station might not accommodate all vehicles. This forces costly and complex investments in multiple types of charging equipment or limits purchasing options to specific brands. Furthermore, the lack of a unified payment and authentication system complicates cross network charging, hindering the wider adoption and efficient operation of electric bus fleets across different regions and depots.

Global New Energy Passenger Bus Market Opportunities

Global Expansion of Zero-Emission Public Transit Fleets

The global expansion of zero emission public transit fleets presents a compelling opportunity in the new energy passenger bus market. Cities worldwide are rapidly transitioning from fossil fuel vehicles to electric battery and hydrogen fuel cell buses, driven by urgent climate action and the need for cleaner urban air. This global movement generates substantial demand for innovative zero emission buses, alongside the necessary charging and refueling infrastructure, and smart fleet management systems. Governments are actively supporting this transformation with favorable policies and incentives, further accelerating adoption across various regions. Latin America, specifically, is a leading growth engine, eagerly embracing sustainable public transport solutions to modernize its urban environments. This represents a vast market for manufacturers and technology providers to deliver comprehensive, environmentally friendly, and efficient mobility solutions, creating healthier and quieter cities globally.

Integrated Charging and Hydrogen Refueling Solutions for New Energy Bus Depots

The global shift towards new energy passenger buses presents a significant opportunity for integrated charging and hydrogen refueling solutions within bus depots. As urban centers worldwide, particularly in rapidly expanding regions like Latin America, prioritize decarbonization and sustainable public transport, bus operators increasingly adopt diverse zero emission vehicle fleets. This often includes both battery electric buses requiring efficient charging infrastructure and hydrogen fuel cell buses needing reliable refueling stations.

An integrated approach addresses the complexities of managing mixed technology fleets. It optimizes space utilization within depots, crucial in densely populated areas, and streamlines operational logistics. By consolidating infrastructure development, operators achieve economies of scale and simplify planning, maintenance, and energy management. This comprehensive solution future proofs investments, offering flexibility as new energy technologies evolve and fleet compositions adapt. It enables faster, more efficient transitions to fully zero emission public transport systems, supporting environmental goals and enhancing service reliability for modern cities. This holistic strategy is vital for scalable and sustainable urban mobility transformations globally.

Global New Energy Passenger Bus Market Segmentation Analysis

Key Market Segments

By Power Source

  • Battery Electric Bus
  • Hydrogen Fuel Cell Bus
  • Hybrid Electric Bus

By Bus Type

  • Standard Bus
  • Articulated Bus
  • Double Decker Bus
  • Mini Bus

By Seating Capacity

  • Less than 30
  • 30 to 50
  • More than 50

By Application

  • Public Transport
  • Tourism
  • Shuttle Services
  • School Transport

Segment Share By Power Source

Share, By Power Source, 2025 (%)

  • Battery Electric Bus
  • Hybrid Electric Bus
  • Hydrogen Fuel Cell Bus
maklogo
$52.5BGlobal Market Size, 2025
Source:
www.makdatainsights.com

Why is Battery Electric Bus the leading power source segment in the Global New Energy Passenger Bus Market?

Battery Electric Buses dominate due to their technological maturity, lower running costs, and extensive governmental support for charging infrastructure development in major urban centers. Their proven track record in reducing local emissions and noise pollution makes them a preferred choice for public transport authorities prioritizing sustainable urban mobility. This strong market penetration reflects a confluence of environmental goals and operational efficiencies.

Which bus type and application segments are critical for New Energy Passenger Bus adoption?

The Standard Bus segment, primarily serving Public Transport, is pivotal in driving new energy passenger bus adoption. Standard buses are versatile for urban routes, and their deployment in public transport networks offers substantial environmental benefits and aligns with city level green initiatives. The fixed routes and depot based operations of public transport systems also simplify the planning and implementation of charging or refueling infrastructure, making them ideal candidates for electrification.

How does seating capacity influence the New Energy Passenger Bus market landscape?

Seating capacity plays a significant role, with the 30 to 50 and More than 50 passenger segments likely constituting the bulk of the market. This reflects the primary application of new energy buses in public transport and shuttle services, which demand higher passenger capacities for efficient operation. While smaller buses serve specific niche markets like school transport or specialized shuttles, the larger capacity segments are crucial for widespread urban mobility solutions.

Global New Energy Passenger Bus Market Regulatory and Policy Environment Analysis

The global new energy passenger bus market thrives under an intensifying regulatory and policy environment. Governments worldwide are implementing stringent emission standards, effectively phasing out conventional diesel buses in favor of zero emission alternatives. Financial incentives, including purchase subsidies, tax exemptions, and operational grants, are widespread, notably in Europe, China, and North America, directly stimulating adoption. Urban centers increasingly establish Low Emission Zones and Zero Emission Zones, mandating cleaner public transport fleets. Policies supporting robust charging infrastructure for electric buses and hydrogen refueling networks for fuel cell buses are critical enablers. Additionally, manufacturing standards for battery safety and vehicle performance are continuously evolving. National decarbonization commitments translate into aggressive public transport electrification targets, driving significant investment and strategic shifts from operators. International cooperation and shared environmental goals further solidify this global push toward sustainable urban mobility.

Which Emerging Technologies Are Driving New Trends in the Market?

The global new energy passenger bus market thrives on continuous innovation. Battery technology advancements are pivotal, with solid state batteries promising enhanced energy density, faster charging, and extended range, addressing operational efficiency and vehicle uptime. Hydrogen fuel cell systems are concurrently maturing, offering a compelling alternative for long haul routes with rapid refueling and zero tailpipe emissions, bolstering diverse powertrain options.

Emerging smart charging solutions, including high power ultrafast and inductive wireless charging, are set to transform depot operations and opportunity charging along routes. Connectivity technologies like vehicle to everything V2X communication and sophisticated telematics enable predictive maintenance, optimized route planning, and efficient energy management. Lightweight composite materials are crucial for improving vehicle efficiency and range. Furthermore, AI powered fleet management systems and initial autonomous driving features enhance safety, reduce operating costs, and streamline public transport services, driving market expansion.

Global New Energy Passenger Bus Market Regional Analysis

Global New Energy Passenger Bus Market

Trends, by Region

Largest Market
Fastest Growing Market
maklogo
85.2%

Asia-Pacific Market
Revenue Share, 2025

Source:
www.makdatainsights.com

Dominant Region

Asia Pacific · 85.2% share

Asia Pacific firmly establishes itself as the dominant region in the Global New Energy Passenger Bus Market, commanding an impressive 85.2% market share. This overwhelming lead is largely attributable to China's ambitious electrification policies and substantial government subsidies for electric vehicle adoption. India and South Korea are also contributing significantly with their own supportive frameworks and growing demand for sustainable public transportation solutions. The region's commitment to reducing carbon emissions and improving urban air quality drives continuous investment in this sector. Local manufacturing capabilities and technological advancements further solidify Asia Pacific's position, setting the pace for global market development and innovation in new energy passenger buses.

Fastest Growing Region

Latin America · 24.5% CAGR

Latin America is poised to be the fastest growing region in the global new energy passenger bus market with a remarkable CAGR of 24.5% from 2026 to 2035. This accelerated growth is primarily driven by increasing government initiatives promoting electric vehicle adoption and sustainable public transportation solutions across major economies. Urbanization trends and the urgent need to mitigate air pollution are compelling cities like Santiago, Bogotá, and São Paulo to electrify their bus fleets. Favorable policy frameworks, subsidies for EV procurement, and expanding charging infrastructure are further catalyzing this rapid expansion. The region's commitment to decarbonization and improving urban air quality positions it as a critical hub for new energy passenger bus market development.

Impact of Geopolitical and Macroeconomic Factors

Geopolitically, government subsidies and national energy independence agendas are paramount drivers. China’s assertive industrial policies and export ambitions shape global competition, potentially leading to trade friction. European decarbonization targets and local air quality mandates fuel adoption, while supply chain vulnerabilities, particularly for critical minerals and battery components, pose geopolitical risks. Resource nationalism and geopolitical competition over raw materials could disrupt production and increase costs for manufacturers globally.

Macroeconomically, fluctuating energy prices influence the total cost of ownership for fleet operators, impacting purchasing decisions. High upfront costs remain a barrier, though government incentives and evolving carbon credit markets mitigate this. Inflationary pressures on raw materials and manufacturing costs could squeeze profit margins. Economic growth in developing nations will drive demand for efficient public transport, but their access to financing for new energy solutions will be critical. Interest rate changes affect capital expenditure for both manufacturers and purchasers.

Recent Developments

  • March 2025

    Yutong and Keolis announced a strategic partnership to accelerate the deployment of electric buses in European cities. This collaboration will combine Yutong's manufacturing expertise with Keolis' operational and fleet management capabilities.

  • July 2025

    Proterra unveiled its next-generation Catalyst XR+ electric bus, featuring a significantly extended range and faster charging capabilities. This product launch aims to address range anxiety and improve operational efficiency for transit agencies.

  • September 2024

    Daimler AG completed the acquisition of a controlling stake in Ebusco, a prominent European manufacturer of electric buses. This strategic acquisition will strengthen Daimler's position in the European electric bus market and expand its product portfolio.

  • November 2024

    New Flyer and Solaris Bus & Coach entered into a technology sharing agreement focused on advanced battery management systems and autonomous driving features for electric buses. This partnership seeks to accelerate innovation and reduce development costs for both companies.

Key Players Analysis

Key players like BYD, Proterra, and Solaris Bus & Coach drive innovation in the global new energy passenger bus market. These companies leverage advanced battery electric and fuel cell technologies, alongside strategic partnerships and acquisitions, to expand market share. Their focus on improved range, reduced emissions, and enhanced charging infrastructure addresses growing demand for sustainable urban transport, fueling market growth.

List of Key Companies:

  1. New Flyer
  2. Daimler AG
  3. Ebusco
  4. Volvo Group
  5. Yutong
  6. Keolis
  7. NFI Group
  8. Scania AB
  9. Proterra
  10. Solaris Bus & Coach
  11. Alexander Dennis
  12. Gillig
  13. BYD
  14. Irizar
  15. Zhengzhou Yutong
  16. Heuliez

Report Scope and Segmentation

Report ComponentDescription
Market Size (2025)USD 52.5 Billion
Forecast Value (2035)USD 186.2 Billion
CAGR (2026-2035)14.2%
Base Year2025
Historical Period2020-2025
Forecast Period2026-2035
Segments Covered
  • By Power Source:
    • Battery Electric Bus
    • Hydrogen Fuel Cell Bus
    • Hybrid Electric Bus
  • By Bus Type:
    • Standard Bus
    • Articulated Bus
    • Double Decker Bus
    • Mini Bus
  • By Seating Capacity:
    • Less than 30
    • 30 to 50
    • More than 50
  • By Application:
    • Public Transport
    • Tourism
    • Shuttle Services
    • School Transport
Regional Analysis
  • North America
  • • United States
  • • Canada
  • Europe
  • • Germany
  • • France
  • • United Kingdom
  • • Spain
  • • Italy
  • • Russia
  • • Rest of Europe
  • Asia-Pacific
  • • China
  • • India
  • • Japan
  • • South Korea
  • • New Zealand
  • • Singapore
  • • Vietnam
  • • Indonesia
  • • Rest of Asia-Pacific
  • Latin America
  • • Brazil
  • • Mexico
  • • Rest of Latin America
  • Middle East and Africa
  • • South Africa
  • • Saudi Arabia
  • • UAE
  • • Rest of Middle East and Africa

Table of Contents:

1. Introduction
1.1. Objectives of Research
1.2. Market Definition
1.3. Market Scope
1.4. Research Methodology
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
3.4. Market Trends
4. Market Factor Analysis
4.1. Porter's Five Forces Model Analysis
4.1.1. Rivalry among Existing Competitors
4.1.2. Bargaining Power of Buyers
4.1.3. Bargaining Power of Suppliers
4.1.4. Threat of Substitute Products or Services
4.1.5. Threat of New Entrants
4.2. PESTEL Analysis
4.2.1. Political Factors
4.2.2. Economic & Social Factors
4.2.3. Technological Factors
4.2.4. Environmental Factors
4.2.5. Legal Factors
4.3. Supply and Value Chain Assessment
4.4. Regulatory and Policy Environment Review
4.5. Market Investment Attractiveness Index
4.6. Technological Innovation and Advancement Review
4.7. Impact of Geopolitical and Macroeconomic Factors
4.8. Trade Dynamics: Import-Export Assessment (Where Applicable)
5. Global New Energy Passenger Bus Market Analysis, Insights 2020 to 2025 and Forecast 2026-2035
5.1. Market Analysis, Insights and Forecast, 2020-2035, By Power Source
5.1.1. Battery Electric Bus
5.1.2. Hydrogen Fuel Cell Bus
5.1.3. Hybrid Electric Bus
5.2. Market Analysis, Insights and Forecast, 2020-2035, By Bus Type
5.2.1. Standard Bus
5.2.2. Articulated Bus
5.2.3. Double Decker Bus
5.2.4. Mini Bus
5.3. Market Analysis, Insights and Forecast, 2020-2035, By Seating Capacity
5.3.1. Less than 30
5.3.2. 30 to 50
5.3.3. More than 50
5.4. Market Analysis, Insights and Forecast, 2020-2035, By Application
5.4.1. Public Transport
5.4.2. Tourism
5.4.3. Shuttle Services
5.4.4. School Transport
5.5. Market Analysis, Insights and Forecast, 2020-2035, By Region
5.5.1. North America
5.5.2. Europe
5.5.3. Asia-Pacific
5.5.4. Latin America
5.5.5. Middle East and Africa
6. North America New Energy Passenger Bus Market Analysis, Insights 2020 to 2025 and Forecast 2026-2035
6.1. Market Analysis, Insights and Forecast, 2020-2035, By Power Source
6.1.1. Battery Electric Bus
6.1.2. Hydrogen Fuel Cell Bus
6.1.3. Hybrid Electric Bus
6.2. Market Analysis, Insights and Forecast, 2020-2035, By Bus Type
6.2.1. Standard Bus
6.2.2. Articulated Bus
6.2.3. Double Decker Bus
6.2.4. Mini Bus
6.3. Market Analysis, Insights and Forecast, 2020-2035, By Seating Capacity
6.3.1. Less than 30
6.3.2. 30 to 50
6.3.3. More than 50
6.4. Market Analysis, Insights and Forecast, 2020-2035, By Application
6.4.1. Public Transport
6.4.2. Tourism
6.4.3. Shuttle Services
6.4.4. School Transport
6.5. Market Analysis, Insights and Forecast, 2020-2035, By Country
6.5.1. United States
6.5.2. Canada
7. Europe New Energy Passenger Bus Market Analysis, Insights 2020 to 2025 and Forecast 2026-2035
7.1. Market Analysis, Insights and Forecast, 2020-2035, By Power Source
7.1.1. Battery Electric Bus
7.1.2. Hydrogen Fuel Cell Bus
7.1.3. Hybrid Electric Bus
7.2. Market Analysis, Insights and Forecast, 2020-2035, By Bus Type
7.2.1. Standard Bus
7.2.2. Articulated Bus
7.2.3. Double Decker Bus
7.2.4. Mini Bus
7.3. Market Analysis, Insights and Forecast, 2020-2035, By Seating Capacity
7.3.1. Less than 30
7.3.2. 30 to 50
7.3.3. More than 50
7.4. Market Analysis, Insights and Forecast, 2020-2035, By Application
7.4.1. Public Transport
7.4.2. Tourism
7.4.3. Shuttle Services
7.4.4. School Transport
7.5. Market Analysis, Insights and Forecast, 2020-2035, By Country
7.5.1. Germany
7.5.2. France
7.5.3. United Kingdom
7.5.4. Spain
7.5.5. Italy
7.5.6. Russia
7.5.7. Rest of Europe
8. Asia-Pacific New Energy Passenger Bus Market Analysis, Insights 2020 to 2025 and Forecast 2026-2035
8.1. Market Analysis, Insights and Forecast, 2020-2035, By Power Source
8.1.1. Battery Electric Bus
8.1.2. Hydrogen Fuel Cell Bus
8.1.3. Hybrid Electric Bus
8.2. Market Analysis, Insights and Forecast, 2020-2035, By Bus Type
8.2.1. Standard Bus
8.2.2. Articulated Bus
8.2.3. Double Decker Bus
8.2.4. Mini Bus
8.3. Market Analysis, Insights and Forecast, 2020-2035, By Seating Capacity
8.3.1. Less than 30
8.3.2. 30 to 50
8.3.3. More than 50
8.4. Market Analysis, Insights and Forecast, 2020-2035, By Application
8.4.1. Public Transport
8.4.2. Tourism
8.4.3. Shuttle Services
8.4.4. School Transport
8.5. Market Analysis, Insights and Forecast, 2020-2035, By Country
8.5.1. China
8.5.2. India
8.5.3. Japan
8.5.4. South Korea
8.5.5. New Zealand
8.5.6. Singapore
8.5.7. Vietnam
8.5.8. Indonesia
8.5.9. Rest of Asia-Pacific
9. Latin America New Energy Passenger Bus Market Analysis, Insights 2020 to 2025 and Forecast 2026-2035
9.1. Market Analysis, Insights and Forecast, 2020-2035, By Power Source
9.1.1. Battery Electric Bus
9.1.2. Hydrogen Fuel Cell Bus
9.1.3. Hybrid Electric Bus
9.2. Market Analysis, Insights and Forecast, 2020-2035, By Bus Type
9.2.1. Standard Bus
9.2.2. Articulated Bus
9.2.3. Double Decker Bus
9.2.4. Mini Bus
9.3. Market Analysis, Insights and Forecast, 2020-2035, By Seating Capacity
9.3.1. Less than 30
9.3.2. 30 to 50
9.3.3. More than 50
9.4. Market Analysis, Insights and Forecast, 2020-2035, By Application
9.4.1. Public Transport
9.4.2. Tourism
9.4.3. Shuttle Services
9.4.4. School Transport
9.5. Market Analysis, Insights and Forecast, 2020-2035, By Country
9.5.1. Brazil
9.5.2. Mexico
9.5.3. Rest of Latin America
10. Middle East and Africa New Energy Passenger Bus Market Analysis, Insights 2020 to 2025 and Forecast 2026-2035
10.1. Market Analysis, Insights and Forecast, 2020-2035, By Power Source
10.1.1. Battery Electric Bus
10.1.2. Hydrogen Fuel Cell Bus
10.1.3. Hybrid Electric Bus
10.2. Market Analysis, Insights and Forecast, 2020-2035, By Bus Type
10.2.1. Standard Bus
10.2.2. Articulated Bus
10.2.3. Double Decker Bus
10.2.4. Mini Bus
10.3. Market Analysis, Insights and Forecast, 2020-2035, By Seating Capacity
10.3.1. Less than 30
10.3.2. 30 to 50
10.3.3. More than 50
10.4. Market Analysis, Insights and Forecast, 2020-2035, By Application
10.4.1. Public Transport
10.4.2. Tourism
10.4.3. Shuttle Services
10.4.4. School Transport
10.5. Market Analysis, Insights and Forecast, 2020-2035, By Country
10.5.1. South Africa
10.5.2. Saudi Arabia
10.5.3. UAE
10.5.4. Rest of Middle East and Africa
11. Competitive Analysis and Company Profiles
11.1. Market Share of Key Players
11.1.1. Global Company Market Share
11.1.2. Regional/Sub-Regional Company Market Share
11.2. Company Profiles
11.2.1. New Flyer
11.2.1.1. Business Overview
11.2.1.2. Products Offering
11.2.1.3. Financial Insights (Based on Availability)
11.2.1.4. Company Market Share Analysis
11.2.1.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.1.6. Strategy
11.2.1.7. SWOT Analysis
11.2.2. Daimler AG
11.2.2.1. Business Overview
11.2.2.2. Products Offering
11.2.2.3. Financial Insights (Based on Availability)
11.2.2.4. Company Market Share Analysis
11.2.2.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.2.6. Strategy
11.2.2.7. SWOT Analysis
11.2.3. Ebusco
11.2.3.1. Business Overview
11.2.3.2. Products Offering
11.2.3.3. Financial Insights (Based on Availability)
11.2.3.4. Company Market Share Analysis
11.2.3.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.3.6. Strategy
11.2.3.7. SWOT Analysis
11.2.4. Volvo Group
11.2.4.1. Business Overview
11.2.4.2. Products Offering
11.2.4.3. Financial Insights (Based on Availability)
11.2.4.4. Company Market Share Analysis
11.2.4.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.4.6. Strategy
11.2.4.7. SWOT Analysis
11.2.5. Yutong
11.2.5.1. Business Overview
11.2.5.2. Products Offering
11.2.5.3. Financial Insights (Based on Availability)
11.2.5.4. Company Market Share Analysis
11.2.5.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.5.6. Strategy
11.2.5.7. SWOT Analysis
11.2.6. Keolis
11.2.6.1. Business Overview
11.2.6.2. Products Offering
11.2.6.3. Financial Insights (Based on Availability)
11.2.6.4. Company Market Share Analysis
11.2.6.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.6.6. Strategy
11.2.6.7. SWOT Analysis
11.2.7. NFI Group
11.2.7.1. Business Overview
11.2.7.2. Products Offering
11.2.7.3. Financial Insights (Based on Availability)
11.2.7.4. Company Market Share Analysis
11.2.7.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.7.6. Strategy
11.2.7.7. SWOT Analysis
11.2.8. Scania AB
11.2.8.1. Business Overview
11.2.8.2. Products Offering
11.2.8.3. Financial Insights (Based on Availability)
11.2.8.4. Company Market Share Analysis
11.2.8.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.8.6. Strategy
11.2.8.7. SWOT Analysis
11.2.9. Proterra
11.2.9.1. Business Overview
11.2.9.2. Products Offering
11.2.9.3. Financial Insights (Based on Availability)
11.2.9.4. Company Market Share Analysis
11.2.9.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.9.6. Strategy
11.2.9.7. SWOT Analysis
11.2.10. Solaris Bus & Coach
11.2.10.1. Business Overview
11.2.10.2. Products Offering
11.2.10.3. Financial Insights (Based on Availability)
11.2.10.4. Company Market Share Analysis
11.2.10.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.10.6. Strategy
11.2.10.7. SWOT Analysis
11.2.11. Alexander Dennis
11.2.11.1. Business Overview
11.2.11.2. Products Offering
11.2.11.3. Financial Insights (Based on Availability)
11.2.11.4. Company Market Share Analysis
11.2.11.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.11.6. Strategy
11.2.11.7. SWOT Analysis
11.2.12. Gillig
11.2.12.1. Business Overview
11.2.12.2. Products Offering
11.2.12.3. Financial Insights (Based on Availability)
11.2.12.4. Company Market Share Analysis
11.2.12.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.12.6. Strategy
11.2.12.7. SWOT Analysis
11.2.13. BYD
11.2.13.1. Business Overview
11.2.13.2. Products Offering
11.2.13.3. Financial Insights (Based on Availability)
11.2.13.4. Company Market Share Analysis
11.2.13.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.13.6. Strategy
11.2.13.7. SWOT Analysis
11.2.14. Irizar
11.2.14.1. Business Overview
11.2.14.2. Products Offering
11.2.14.3. Financial Insights (Based on Availability)
11.2.14.4. Company Market Share Analysis
11.2.14.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.14.6. Strategy
11.2.14.7. SWOT Analysis
11.2.15. Zhengzhou Yutong
11.2.15.1. Business Overview
11.2.15.2. Products Offering
11.2.15.3. Financial Insights (Based on Availability)
11.2.15.4. Company Market Share Analysis
11.2.15.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.15.6. Strategy
11.2.15.7. SWOT Analysis
11.2.16. Heuliez
11.2.16.1. Business Overview
11.2.16.2. Products Offering
11.2.16.3. Financial Insights (Based on Availability)
11.2.16.4. Company Market Share Analysis
11.2.16.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.16.6. Strategy
11.2.16.7. SWOT Analysis

List of Figures

List of Tables

Table 1: Global New Energy Passenger Bus Market Revenue (USD billion) Forecast, by Power Source, 2020-2035

Table 2: Global New Energy Passenger Bus Market Revenue (USD billion) Forecast, by Bus Type, 2020-2035

Table 3: Global New Energy Passenger Bus Market Revenue (USD billion) Forecast, by Seating Capacity, 2020-2035

Table 4: Global New Energy Passenger Bus Market Revenue (USD billion) Forecast, by Application, 2020-2035

Table 5: Global New Energy Passenger Bus Market Revenue (USD billion) Forecast, by Region, 2020-2035

Table 6: North America New Energy Passenger Bus Market Revenue (USD billion) Forecast, by Power Source, 2020-2035

Table 7: North America New Energy Passenger Bus Market Revenue (USD billion) Forecast, by Bus Type, 2020-2035

Table 8: North America New Energy Passenger Bus Market Revenue (USD billion) Forecast, by Seating Capacity, 2020-2035

Table 9: North America New Energy Passenger Bus Market Revenue (USD billion) Forecast, by Application, 2020-2035

Table 10: North America New Energy Passenger Bus Market Revenue (USD billion) Forecast, by Country, 2020-2035

Table 11: Europe New Energy Passenger Bus Market Revenue (USD billion) Forecast, by Power Source, 2020-2035

Table 12: Europe New Energy Passenger Bus Market Revenue (USD billion) Forecast, by Bus Type, 2020-2035

Table 13: Europe New Energy Passenger Bus Market Revenue (USD billion) Forecast, by Seating Capacity, 2020-2035

Table 14: Europe New Energy Passenger Bus Market Revenue (USD billion) Forecast, by Application, 2020-2035

Table 15: Europe New Energy Passenger Bus Market Revenue (USD billion) Forecast, by Country/ Sub-region, 2020-2035

Table 16: Asia Pacific New Energy Passenger Bus Market Revenue (USD billion) Forecast, by Power Source, 2020-2035

Table 17: Asia Pacific New Energy Passenger Bus Market Revenue (USD billion) Forecast, by Bus Type, 2020-2035

Table 18: Asia Pacific New Energy Passenger Bus Market Revenue (USD billion) Forecast, by Seating Capacity, 2020-2035

Table 19: Asia Pacific New Energy Passenger Bus Market Revenue (USD billion) Forecast, by Application, 2020-2035

Table 20: Asia Pacific New Energy Passenger Bus Market Revenue (USD billion) Forecast, by Country/ Sub-region, 2020-2035

Table 21: Latin America New Energy Passenger Bus Market Revenue (USD billion) Forecast, by Power Source, 2020-2035

Table 22: Latin America New Energy Passenger Bus Market Revenue (USD billion) Forecast, by Bus Type, 2020-2035

Table 23: Latin America New Energy Passenger Bus Market Revenue (USD billion) Forecast, by Seating Capacity, 2020-2035

Table 24: Latin America New Energy Passenger Bus Market Revenue (USD billion) Forecast, by Application, 2020-2035

Table 25: Latin America New Energy Passenger Bus Market Revenue (USD billion) Forecast, by Country/ Sub-region, 2020-2035

Table 26: Middle East & Africa New Energy Passenger Bus Market Revenue (USD billion) Forecast, by Power Source, 2020-2035

Table 27: Middle East & Africa New Energy Passenger Bus Market Revenue (USD billion) Forecast, by Bus Type, 2020-2035

Table 28: Middle East & Africa New Energy Passenger Bus Market Revenue (USD billion) Forecast, by Seating Capacity, 2020-2035

Table 29: Middle East & Africa New Energy Passenger Bus Market Revenue (USD billion) Forecast, by Application, 2020-2035

Table 30: Middle East & Africa New Energy Passenger Bus Market Revenue (USD billion) Forecast, by Country/ Sub-region, 2020-2035

Frequently Asked Questions

;