도시 버스 시장 규모, 점유율, 성장, 세계 업계 분석, 지역별 동향 및 예측(2026-2034년)

Growth Factors of city bus Market

The global city bus market was valued at USD 268.68 billion in 2025 and is projected to grow from USD 288.91 billion in 2026 to USD 495.52 billion by 2034, registering a CAGR of 6.98% during the forecast period (2026-2034). Asia Pacific dominated the global market with a 72.34% market share in 2025, supported by rapid urbanization, large-scale government investments in public transportation, and strong domestic manufacturing of electric buses.

City buses are designed for efficient passenger transportation within urban and suburban areas, offering frequent stops, high passenger capacity, and easy accessibility. Modern city buses are available in multiple configurations, including mini, standard, articulated, and double-decker models, powered by internal combustion engines (ICE), hybrid systems, battery-electric powertrains, and hydrogen fuel-cell technologies. Increasing demand for sustainable public transportation, coupled with stricter emission regulations and expanding smart city initiatives, is accelerating the transition toward zero-emission city buses worldwide.

Market Trends

One of the most significant trends shaping the city bus market is the rapid transition toward zero-emission and connected bus fleets. Governments and transport authorities are increasingly replacing diesel-powered buses with battery-electric and hydrogen-powered alternatives to reduce greenhouse gas emissions and improve urban air quality.

Bus manufacturers are integrating advanced telematics, predictive maintenance systems, real-time passenger information, GPS tracking, and fleet management software to improve operational efficiency. The adoption of Mobility-as-a-Service (MaaS) platforms is also transforming urban transportation by integrating city buses with metro systems, ride-sharing services, and micro-mobility solutions, creating seamless multimodal travel experiences.

Market Growth Factors

The increasing pace of urbanization and government initiatives promoting public transport electrification remain the primary drivers of market growth. Rapid population growth in metropolitan areas has increased demand for affordable, reliable, and environmentally friendly public transportation systems.

Governments across the world are introducing subsidies, tax incentives, and clean mobility programs to encourage the adoption of electric and hybrid city buses. Investments in charging infrastructure, battery technology, and Bus Rapid Transit (BRT) systems are further supporting market expansion. In addition, the declining cost of battery technology and advancements in electric drivetrains are making zero-emission buses increasingly attractive for public transport operators.

Growing partnerships between vehicle manufacturers, battery suppliers, and charging infrastructure providers are accelerating innovation while helping municipalities modernize public transportation networks.

Market Restraining Factors

Despite strong growth prospects, the market faces challenges due to uneven access to financing and subsidy programs across different regions. Many developing countries continue to rely on aging diesel bus fleets because municipal authorities often lack sufficient funding to invest in electric buses and charging infrastructure.

The large capital investment required for fleet electrification, depot modernization, grid upgrades, and charging facilities also creates financial barriers for many transit agencies. Differences in government support programs and funding availability continue to limit the pace of global electric bus adoption.

Market Segmentation

Based on type, the market is segmented into single-decker and double-decker buses. The single-decker segment dominated the market with a 93.19% share in 2026, owing to its operational flexibility, lower maintenance costs, and suitability for urban transportation networks.

Based on size, the market includes mini, standard, and articulated buses. The standard-size bus segment accounted for the largest 67.65% market share in 2026, supported by its balanced passenger capacity, operating efficiency, and widespread deployment across urban and suburban routes.

Based on propulsion, the market comprises internal combustion engine (ICE), hybrid, and electric buses. The electric bus segment held the largest revenue share of 62.50% in 2026, driven by increasing government mandates for zero-emission transportation, declining battery prices, and expanding charging infrastructure. While electric buses lead revenue generation, ICE buses continue to account for significant fleet volumes in developing economies.

Based on seating capacity, the market is categorized into up to 30 passengers, 31-80 passengers, and above 80 passengers. The 31-80 passenger segment dominated the market with a 68.27% share in 2026, reflecting its suitability for high-density urban routes and Bus Rapid Transit (BRT) systems.

Based on ownership, the market is divided into public-owned and private-owned fleets. Public-owned fleets continue to dominate global demand due to government procurement programs and national public transport electrification initiatives.

Regional Insights

Asia Pacific remained the largest regional market with USD 194.36 billion in 2025 and is projected to reach USD 209.26 billion in 2026. Rapid urbanization, strong government support for clean transportation, and the presence of leading manufacturers such as BYD and Yutong continue to strengthen regional growth. China is projected to reach USD 167.77 billion in 2026, while India and Japan are expected to reach USD 10.96 billion and USD 6.31 billion, respectively.

Europe accounted for USD 20.16 billion in 2025 and is projected to reach USD 20.96 billion in 2026, supported by strict emission regulations, fleet electrification programs, and investments in charging infrastructure. The U.K. and Germany markets are expected to reach USD 2.43 billion and USD 2.65 billion, respectively, in 2026.

North America generated USD 6.97 billion in 2025 and is forecast to reach USD 7.47 billion in 2026, driven by fleet modernization, government incentives, and expanding deployment of electric buses across major metropolitan areas. The U.S. market is projected to reach USD 4.32 billion in 2026.

The Rest of the World market stood at USD 47.20 billion in 2025 and is expected to grow to USD 51.22 billion in 2026, supported by investments in Bus Rapid Transit (BRT) systems, increasing urbanization, and the gradual adoption of electric public transportation.

Key Market Players

Leading companies operating in the global city bus market include Yutong Bus Co. Ltd., BYD Co. Ltd., Daimler Buses GmbH, AB Volvo, Force Motors Ltd., Tata Motors, Ashok Leyland, Scania AB, IVECO S.p.A, and NFI Group. These manufacturers are investing heavily in battery-electric and hydrogen-powered buses, smart fleet management technologies, localized manufacturing, and strategic collaborations to strengthen their global market presence.

Key Industry Developments

The city bus industry continues to witness significant technological advancements and fleet expansion initiatives. In November 2025, battery-electric bus registrations in Europe increased by approximately 41% during the first half of 2025 compared to the same period in 2024. In March 2025, Transport & Environment reported that 49% of all newly registered city buses in the European Union during 2024 were zero-emission models, reflecting accelerating electrification. In February 2025, Volvo Buses secured its first electric bus order from Go-Ahead London for 25 Volvo BZL Electric buses. In October 2024, Go-Ahead Transport Group announced a £500 million investment to procure up to 1,200 zero-emission buses manufactured by Wrightbus. Earlier, in March 2024, Wrightbus secured a contract to supply 87 zero-emission buses for London's public transport network.

Conclusion

The global city bus market is expected to experience steady growth through 2034, supported by rapid urbanization, expanding public transportation infrastructure, and accelerating adoption of electric and hydrogen-powered buses. Government electrification initiatives, smart city development, and advancements in battery technology are transforming public transit systems worldwide. Although financing challenges and infrastructure investment requirements remain barriers in certain regions, continued innovation in zero-emission mobility, digital fleet management, and sustainable transportation solutions will create significant long-term growth opportunities for city bus manufacturers and transit operators.

Segmentation By Type, Propulsion, Drivetrain, Seating Capacity, and Region

By Type * Single-Decker

• Double-Decker

By Size * Mini

• Standard
• Articulated

By Propulsion * ICE

• Electric

By Passenger Capacity * Up to 30 Passengers

• 31-80 Passengers
• Above 80 Passengers

By Ownership

Public-Owned

• Private-Owned

By Region * North America (By Type, Size, Propulsion, Passenger Capacity, Ownership, and Country)

• U.S.
• Canada
• Mexico
• Europe (By Type, Size, Propulsion, Passenger Capacity, Ownership, and Country)
  • U.K.
  • Germany
  • France
  • Italy
  • Rest of Europe
• Asia Pacific (By Type, Size, Propulsion, Passenger Capacity, Ownership, and Country)
  • China
  • Japan
  • South Korea
  • India
  • Rest of Asia Pacific
• Rest of the World (By Type, Size, Propulsion, Passenger Capacity, Ownership, and Country)
  • Latin America
  • Middle East & Africa

Table of Content

1. Introduction

• 1.1. Research Scope
• 1.2. Market Segmentation
• 1.3. Research Methodology
• 1.4. Definitions and Assumptions

2. Executive Summary

3. Market Dynamics

• 3.1. Market Drivers
• 3.2. Market Restraints
• 3.3. Market Opportunities
• 3.4. Market Trends

4. Key Insights

• 4.1. Key Industry Developments - Mergers, Acquisitions & Partnerships
• 4.2. Latest Technological Advancements
• 4.3. Porters Five Forces Analysis
• 4.4. Supply Chain Analysis
• 4.5. Impact of COVID-19 Pandemic on Global City Bus Market

5. Global City Bus Market Analysis, Insights and Forecast, 2021-2034

• 5.1. Key Findings / Definition
• 5.2. Market Analysis, Insights and Forecast - By Type
  • 5.2.1. Single-Decker
  • 5.2.2. Double-Decker
• 5.3. Market Analysis, Insights, and Forecast - By Size
  • 5.3.1. Mini
  • 5.3.2. Standard
  • 5.3.3. Articulated
• 5.4. Market Analysis, Insights and Forecast - By Propulsion
  • 5.4.1. ICE
  • 5.4.2. Electric
• 5.5. Market Analysis, Insights, and Forecast - By Passenger Capacity
  • 5.5.1. Up to 30 Passengers
  • 5.5.2. 31-80 Passengers
  • 5.5.3. Above 80 Passengers
• 5.6. Market Analysis, Insights, and Forecast - By Ownership
  • 5.6.1. Public-Owned
  • 5.6.2. Private-Owned
• 5.7. Market Analysis, Insights and Forecast - By Region
  • 5.7.1. North America
  • 5.7.2. Europe
  • 5.7.3. Asia Pacific
  • 5.7.4. Rest of the World

6. North America City Bus Market Analysis, Insights and Forecast, 2021-2034

• 6.1. Market Analysis, Insights and Forecast - By Type
  • 6.1.1. Single-Decker
  • 6.1.2. Double-Decker
• 6.2. Market Analysis, Insights, and Forecast - By Size
  • 6.2.1. Mini
  • 6.2.2. Standard
  • 6.2.3. Articulated
• 6.3. Market Analysis, Insights, and Forecast - By Propulsion
  • 6.3.1. ICE
  • 6.3.2. Electric
• 6.4. Market Analysis, Insights, and Forecast - By Passenger Capacity
  • 6.4.1. Up to 30 Passengers
  • 6.4.2. 31-80 Passengers
  • 6.4.3. Above 80 Passengers
• 6.5. Market Analysis, Insights, and Forecast - By Ownership
  • 6.5.1. Public-Owned
  • 6.5.2. Private-Owned
• 6.6. Market Analysis, Insights and Forecast - By Country
  • 6.6.1. U.S.
    • 6.6.1.1. Market Analysis, Insights and Forecast - By Propulsion
  • 6.6.2. Canada
    • 6.6.2.1. Market Analysis, Insights and Forecast - By Propulsion
  • 6.6.3. Mexico
    • 6.6.3.1. Market Analysis, Insights and Forecast - By Propulsion

7. Europe City Bus Market Analysis, Insights and Forecast, 2021-2034

• 7.1. Market Analysis, Insights, and Forecast - By Type
  • 7.1.1. Single-Decker
  • 7.1.2. Double-Decker
• 7.2. Market Analysis, Insights, and Forecast - By Size
  • 7.2.1. Mini
  • 7.2.2. Standard
  • 7.2.3. Articulated
• 7.3. Market Analysis, Insights and Forecast - By Propulsion
  • 7.3.1. ICE
  • 7.3.2. Electric
• 7.4. Market Analysis, Insights, and Forecast - By Passenger Capacity
  • 7.4.1. Up to 30 Passengers
  • 7.4.2. 31-80 Passengers
  • 7.4.3. Above 80 Passengers
• 7.5. Market Analysis, Insights, and Forecast - By Ownership
  • 7.5.1. Public-Owned
  • 7.5.2. Private-Owned
• 7.6. Market Analysis, Insights and Forecast - By Country
  • 7.6.1. U.K.
    • 7.6.1.1. Market Analysis, Insights and Forecast - By Propulsion
  • 7.6.2. Germany
    • 7.6.2.1. Market Analysis, Insights and Forecast - By Propulsion
  • 7.6.3. Italy
    • 7.6.3.1. Market Analysis, Insights and Forecast - By Propulsion
  • 7.6.4. France
    • 7.6.4.1. Market Analysis, Insights and Forecast - By Propulsion
  • 7.6.5. Rest of Europe
    • 7.6.5.1. Market Analysis, Insights and Forecast - By Propulsion

8. Asia Pacific City Bus Market Analysis, Insights and Forecast, 2021-2034

• 8.1. Market Analysis, Insights and Forecast - By Type
  • 8.1.1. Single-Decker
  • 8.1.2. Double-Decker
• 8.2. Market Analysis, Insights, and Forecast - By Size
  • 8.2.1. Mini
  • 8.2.2. Standard
  • 8.2.3. Articulated
• 8.3. Market Analysis, Insights, and Forecast - By Propulsion
  • 8.3.1. ICE
  • 8.3.2. Electric
• 8.4. Market Analysis, Insights and Forecast - By Passenger Capacity
  • 8.4.1. Up to 30 Passengers
  • 8.4.2. 31-80 Passengers
  • 8.4.3. Above 80 Passengers
• 8.5. Market Analysis, Insights and Forecast - By Ownership
  • 8.5.1. Public-Owned
  • 8.5.2. Private-Owned
• 8.6. Market Analysis, Insights and Forecast - By Country
  • 8.6.1. China
    • 8.6.1.1. Market Analysis, Insights, and Forecast - By Propulsion
  • 8.6.2. Japan
    • 8.6.2.1. Market Analysis, Insights and Forecast - By Propulsion
  • 8.6.3. South Korea
    • 8.6.3.1. Market Analysis, Insights, and Forecast - By Propulsion
  • 8.6.4. India
    • 8.6.4.1. Market Analysis, Insights, and Forecast - By Propulsion
  • 8.6.5. Rest of Asia Pacific
    • 8.6.5.1. Market Analysis, Insights and Forecast - By Propulsion

9. Rest of the World City Bus Market Analysis, Insights and Forecast, 2021-2034

• 9.1. Market Analysis, Insights and Forecast - By Type
  • 9.1.1. Single-Decker
  • 9.1.2. Double-Decker
• 9.2. Market Analysis, Insights and Forecast - By Size
  • 9.2.1. Mini
  • 9.2.2. Standard
  • 9.2.3. Articulated
• 9.3. Market Analysis, Insights and Forecast - By Propulsion
  • 9.3.1. ICE
  • 9.3.2. Electric
• 9.4. Market Analysis, Insights and Forecast - By Passenger Capacity
  • 9.4.1. Up to 30 Passengers
  • 9.4.2. 31-80 Passengers
  • 9.4.3. Above 80 Passengers
• 9.5. Market Analysis, Insights and Forecast - By Ownership
  • 9.5.1. Public-Owned
  • 9.5.2. Private-Owned

10. Competitive Analysis

• 10.1. Key Industry Developments
• 10.2. Global Market Rank Analysis (2025)
• 10.3. Competitive Dashboard
• 10.4. Comparative Analysis - Major Players
• 10.5. Company Profiles
  • 10.5.1. Yutong Bus Co. Ltd. (China)
  • 10.5.2. BYD Co. Ltd. (China)
  • 10.5.3. Daimler Buses GmbH (Germany)
  • 10.5.4. AB Volvo (Sweden)
  • 10.5.5. Force Motors Ltd. (India)
  • 10.5.6. Tata Motors (India)
  • 10.5.7. Ashok Leyland (India)
  • 10.5.8. Scania AB (Sweden)
  • 10.5.9. IVECO S.p.A (Italy)
  • 10.5.10. NFI Group (Canada)