Us Zero Emission Buses Market Size By Applications, By Type, By End-User, By Deployment & By Technology 2032
Zero Emission Buses Market was valued at USD 14.48 Billion in 2022 and is projected to reach USD 36.24 Billion by 2030, growing at a CAGR of 12.06% from 2024 to 2030.
The U.S. zero-emission bus market has experienced significant growth in recent years, driven by environmental policies, technological advancements, and increased public awareness of the benefits of clean transportation. This surge is evident in the rising adoption rates of electric and hydrogen fuel cell buses across the nation.
In 2023, the adoption of zero-emission buses in the United States increased by 12%, with a notable 66% rise in electric bus deployments. Fuel cell buses saw a substantial 76% growth, from 211 to 327 units. By September 2023, a total of 6,147 zero-emission buses were in operation across the country. This growth reflects a broader trend toward sustainable public transportation solutions. citeturn0search1
California has been a leader in this transition, implementing policies that mandate the reduction of emissions from transit agencies. The Innovative Clean Transit rule, issued in 2018, requires all new transit buses purchased after 2029 to be zero-emission vehicles. By 2019, more than 200 electric buses were in service in California, with several hundred more on backorder. citeturn0search7
Despite the positive trajectory, challenges remain. The high initial costs of electric buses and the need for substantial infrastructure investments are significant barriers. Additionally, the limited range and long charging times of electric buses can restrict their operational capacity. citeturn0news16
To address these challenges, the U.S. government has introduced initiatives like the Clean School Bus Program, allocating billions of dollars to accelerate the adoption of electric school buses. However, the implementation has been slower than anticipated, with less than a third of the 8,000 electric buses funded by the Environmental Protection Agency's grants currently operational. citeturn0news17
In summary, while the U.S. zero-emission bus market is expanding rapidly, continued efforts are necessary to overcome existing obstacles. Ongoing investments in technology, infrastructure, and supportive policies are crucial to achieving a sustainable and clean public transportation system nationwide.
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Yutong Bus
BYD
CRRC Electric Vehicle
Zhongtong Bus
Higer Bus
Ankai Automobile
King Long Motor Group
New Flyer
Volvo
Proterra
VDL Bus & Coach
Solaris Bus & Coach
EBUSCO
Daimler
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Zero Emission Buses Market
Battery Electric Buses (BEB)
Plug-in Hybrid Electric Buses (PHEB)
Hydrogen Fuel Cell Buses
CNG Buses (Compressed Natural Gas)
Public Transportation
Private and Public Institutional Transportation (schools, universities)
Tourism and Shuttle Services
Freight and Delivery Services
Transit Buses
Coach Buses
School Buses
Shuttle Buses
Low Capacity (up to 100 kWh)
Medium Capacity (100 kWh - 300 kWh)
High Capacity (above 300 kWh)
Government and Municipalities
Private Operators
Fleet Owners
Educational Institutions
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Zero Emission Buses Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Zero Emission Buses Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Zero Emission Buses Market, By Type
6. Global Zero Emission Buses Market, By Application
7. Global Zero Emission Buses Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Zero Emission Buses Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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