North America Electric Bus Market Analysis, Segments, Size, Share, Growth and Recent Trends by Forecast (2021-2028)

The North America electric bus market is expected to grow from US$ 756.45 million in 2021 to US$ 2,539.40 million by 2028; it is estimated to grow at a CAGR of 18.9% from 2021 to 2028. 

Market Introduction

The critical health risks posed by air pollution, including the development of potentially fatal illnesses, and the
substantial environmental consequences of vehicle exhaust, are driving significant infrastructure investments by governments in North America. Their aim is to reduce ozone-depleting compounds and air pollution levels through the
implementation of stringent regulations on automobile emissions, which in turn is fueling the growth of the electric bus market. Electric buses are an environmentally sound transportation option as they produce no harmful pollutants. Furthermore, their efficiency and provision of clean urban transit offer a viable means of maintaining clean air in metropolitan areas. Consequently, many urban centers across the region are increasingly embracing electric transport systems. The strict pollution standards and directives enforced by North American governments are accelerating the adoption of electric buses, thereby driving market growth throughout the region. The introduction of new features and technologies enables vendors to attract new customers and broaden their market share in emerging areas, a factor
anticipated to drive the North America electric bus market, which is expected to grow at a considerable CAGR during the forecast period.

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North
America Electric Bus Strategic Insights

Strategic insights for the North America Electric Bus market offer a data-centric analysis of the industry landscape,
encompassing current trends, key participants, and regional nuances. These insights furnish actionable recommendations, allowing readers to differentiate themselves from competitors by identifying untapped segments or crafting unique value propositions. Through the application of data analytics, these insights assist industry players—including investors, manufacturers, and other stakeholders—in anticipating market changes. A future-oriented viewpoint is crucial, aiding stakeholders in forecasting market shifts and positioning themselves for sustained success in this dynamic region. Ultimately, insightful strategic analyses empower readers to make well-informed decisions that enhance profitability and support the achievement of their business objectives within the market.

North America Electric Bus Market Segmentation

North America Electric Bus Market: By Vehicle Type

·        
Battery Electric Bus

·        
Hybrid electric Bus

·        
Plug-in Hybrid Electric Bus

North America Electric Bus Market: By Hybrid Powertrain

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Series Parallel Hybrid

·        
Parallel Hybrid

·        
Series Hybrid

North America Electric Bus Market: By Battery

·        
Lithium Iron Phosphate

·        
Lithium Nickel Manganese Cobalt Oxide

North America Electric Bus Market: By End User

·        
Public

·        
Private

North America Electric Bus Market: Regions and Countries Covered 

North America

·        
US

·        
Canada

·        
Mexico

North America Electric Bus Market: Market leaders and key company profiles        

·        
AB Volvo

·        
BYD Company Ltd

·        
CAF Group (Solaris Bus & Coach)

·        
Daimler AG

·        
King Long United Automotive Industry Co., Ltd

·        
NFI Group

·        
Proterra Inc.

·        
Shenzhen Wuzhoulong Motors Co., Ltd

·        
Van Hool NV

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