By 2027, the electric bus market is projected to amount to approximately 53 billion U.S. dollars. This represents a compound annual growth rate of around 9.5 percent across seven years, up from some 28 billion U.S. dollars in 2020. This growth is in part generated by the shift towards emission regulations from national governments.
Projection for the electric bus market size worldwide between 2020 and 2027
(in billion U.S. dollars)
An exponential development of the values between 2020 and 2027 was assumed to estimate the annual values. The values for 2020 and 2027 were provided by the source.
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Statista. (February 1, 2021). Projection for the electric bus market size worldwide between 2020 and 2027 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 01, 2024, from https://www.statista.com/statistics/1264411/electric-bus-global-market-size-forecast/
Statista. "Projection for the electric bus market size worldwide between 2020 and 2027 (in billion U.S. dollars)." Chart. February 1, 2021. Statista. Accessed November 01, 2024. https://www.statista.com/statistics/1264411/electric-bus-global-market-size-forecast/
Statista. (2021). Projection for the electric bus market size worldwide between 2020 and 2027 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 01, 2024. https://www.statista.com/statistics/1264411/electric-bus-global-market-size-forecast/
Statista. "Projection for The Electric Bus Market Size Worldwide between 2020 and 2027 (in Billion U.S. Dollars)." Statista, Statista Inc., 1 Feb 2021, https://www.statista.com/statistics/1264411/electric-bus-global-market-size-forecast/
Statista, Projection for the electric bus market size worldwide between 2020 and 2027 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1264411/electric-bus-global-market-size-forecast/ (last visited November 01, 2024)
Projection for the electric bus market size worldwide between 2020 and 2027 (in billion U.S. dollars) [Graph], Statista, February 1, 2021. [Online]. Available: https://www.statista.com/statistics/1264411/electric-bus-global-market-size-forecast/
