Market Size of north america electric bus Industry
![North America Electric Bus Market](https://s3.mordorintelligence.com/north-america-electric-bus-market/1671436845210_north-america-electric-bus-market_Market_Summary.webp)
Icons | Lable | Value |
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Study Period | 2016 - 2028 |
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Base Year For Estimation | 2021 |
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CAGR | 5.50 % |
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Largest Share by Fuel Type | FCEV |
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Largest Share by Country | US |
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Market Concentration | High |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
North America Electric Bus Market Analysis
The North America Electric Bus Market is projected to register a CAGR of 5.50%
- Largest Segment by Fuel Type - FCEV : Hybrid propulsion buses type is largely used in North America. Government support in the form of subsidies in the past years and stringent emission norms makes Hybrid buses the largest fuel type.
- Fastest-growing Segment by Fuel Type - PHEV : The government practices and private programs to cut carbon emission, and development in charging infrastructure is making BEV the fastest growing fuel type in buses in the North America.
- Largest Segment by Country - US : Canada was the largest electric bus market in 2021. The government's focus on zero-emission commercial usage encouraged many companies to manufacture E- buses in Canada.