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Electric Mid- And Large (9-14m) Bus Market Revenue Growth Supported By A CAGR Of 13.3% Through 2030
The electric mid- and large (9-14m) bus market size has seen substantial growth recently. It is anticipated to expand from $10.15 billion in 2025 to $11.6 billion in 2026, achieving a compound annual growth rate (CAGR) of 14.3%. This market’s past development can be ascribed to elements such as public transport modernization, urban air quality initiatives, programs for replacing diesel buses, government subsidies, and the expansion of mass transit systems.
The market for electric mid- and large (9-14m) buses is projected to experience swift expansion over the coming years. This sector is anticipated to reach a value of $19.12 billion by 2030, demonstrating a compound annual growth rate (CAGR) of 13.3%. This projected growth is fueled by factors such as mandates for zero-emission transportation, improvements in battery technology, increased investments in smart cities, advancements in autonomous transit, and the expansion of charging infrastructure. Key developments expected during this period involve an increase in electric city bus deployments, the uptake of fast-charging bus systems, broader electrification of public transport, the incorporation of autonomous bus capabilities, and a rising demand for buses equipped with long-range batteries.
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Electric Mid- And Large (9-14m) Bus Market Expansion Supported By Key Demand Factors
The rising demand for public transportation, encompassing various modes operating on set routes and schedules, is projected to boost the electric mid- and large (9-14m) bus market. This growing interest is fueled by demographic trends, environmental imperatives, economic considerations, technological advancements, and shifts in societal attitudes. Buses within the 9-14m range are crucial for improving public transport systems’ capacity, efficiency, and sustainability. Their capability to transport a large number of passengers, combined with the advantages of modern electric bus technology, makes them vital for addressing the increasing need for public transport in urban and suburban areas. Illustrating this trend, data from the World Resources Institute in September 2023 indicated that the total count of electric school buses reached 5,982 in June 2023, representing a substantial increase of over 3,200 buses from June 2022. Consequently, the escalating demand for public transportation is a key factor driving the expansion of the electric mid- and large (9-14m) bus market.
Electric Mid- And Large (9-14m) Bus Market Segment Outlook: Which Categories Are Expanding The Fastest?
The electric mid- and large (9-14m) bus market covered in this report is segmented –
1) By Battery Type: Fuel Cell Electric Vehicle (FCEV), Battery Electric Vehicle (BEV)
2) By Seating Capacity: 70 Seats And Above, Below 70 Seats
3) By Level Of Autonomy: Manual, Semi-Autonomous
4) By Application: Coaches, City Or Transit 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 Battery Electric Vehicle (Bev): Standard Battery Electric Buses, Fast Charging Battery Electric Buses, Overnight Charging Battery Electric Buses
Electric Mid- And Large (9-14m) Bus Market Growth Trends Influencing Competitive Dynamics
Leading companies in the electric mid- and large (9-14m) bus market are concentrating on creating innovative solutions, specifically hydrogen-powered fuel cell electric vehicles (FCEVs), to provide a zero-emission alternative to existing battery-electric buses. FCEVs operate by utilizing hydrogen as fuel, which is then transformed into electricity through a chemical process within a fuel cell. For instance, in October 2023, the Italian automobile firm Iveco Group N.V. collaborated with the South Korean automotive manufacturer Hyundai Motor Company to introduce the IVECO BUS E-WAY H2. This 12-meter-long hydrogen-powered, low-floor city bus incorporates a hybrid-mid power concept, designed to optimize charging and enhance the efficiency and longevity of its onboard battery pack and fuel cell system. The E-WAY H2 features a 310-kW electric motor and an advanced fuel cell. It is equipped with four hydrogen tanks capable of holding 7.8 kg of hydrogen and a 69 kWh battery pack supplied by FPT Industrial, Iveco Group’s powertrain technology brand. This configuration allows the bus to achieve a driving range of 450 km under standard operating conditions.
Electric Mid- And Large (9-14m) Bus Market Key Companies And Competitive Benchmarking
Major companies operating in the electric mid- and large (9-14m) bus market report include BYD Company Ltd., Zhengzhou Yutong Bus Co., Ltd., CRRC Corporation Limited, Volvo Group, Daimler Truck AG, Tata Motors Limited, NFI Group, Proterra Inc., Lion Electric Co., Anhui Ankai Automobile Co., Ltd., King Long United Automotive Industry Co., Ltd., Zhongtong Bus Co., Ltd., Xiamen Golden Dragon Bus Co., Ltd., Ebusco B.V., GreenPower Motor Company Inc., JBM Auto Limited, Olectra Greentech Ltd., Wuzhoulong Motor Co., Ltd., Iveco Group, Eicher Motors Limited, Bluebus, TEMSA
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Electric Mid- And Large (9-14m) Bus Market Global Footprint: Which Region Holds Market Leadership?
North America was the largest region in the electric mid- and large (9-14M) bus market in 2025. 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 include Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Wasay has over a decade of experience in market research, data modelling, and analytics, with prior experience at GlobalData and Decision Tree Consulting Services. At The Business Research Company , he leads research operations across syndicated studies, customized consulting engagements, and the Global Market Model platform. His professional experience includes supporting organizations such as Boston Consulting Group, KPMG, and Ernst & Young. Wasay holds a degree in Electronics and Communications Engineering, postgraduate management qualifications from International Management Institute Belgium and Indian School of Business and Entrepreneurship, and completed the Integrated Program in Business Analytics from Indian Institute of Management Indore.