Europe Bus Market (2024-2030) | Revenue, Industry, Analysis, Value, Share, Trends, Companies, Forecast, Outlook, Growth & Size

Europe Bus Market Highlights

Report Name	Europe Bus Market
Forecast Period	2024-2030
Market Size	USD 15 Billion - 22 Billion
CAGR	5.2%
Growing Sector	Bus Segment

Topics Covered in the Europe Bus Market Report

Europe Bus Market report thoroughly covers the market By Countries, By Type, By Application, By Fuel Type & By Seat Capacity. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Europe Bus Market Size & Analysis

Europe Bus Market is projected to experience significant growth from 2024 to 2030, driven by increasing demand for sustainable public transportation and advancements in electric bus technology. The market size is expected to reach approximately USD 25 billion by 2030, reflecting a compounded annual growth rate of 5.2%. This Europe Bus Market growth is fueled by government initiatives promoting cleaner public transport options and rising urbanization trends across European cities. With a focus on reducing carbon emissions and improving air quality, the shift towards electric and hybrid buses is accelerating, providing lucrative opportunities for manufacturers and stakeholders within the market.

Europe Bus Market Synopsis

Europe Bus Market is anticipated to witness substantial growth from 2024 to 2030, driven by increasing demand for sustainable and efficient public transportation solutions. Governments across Europe are investing heavily in the expansion and modernization of public transport systems to reduce carbon emissions and traffic congestion in urban areas. The shift towards electric and hybrid buses is a key driver in this regional market, influenced by stringent emission regulations and environmental sustainability goals. Emerging technologies, such as autonomous driving and smart connectivity features, are also set to revolutionize the passenger experience, further propelling market growth. Additionally, the integration of advanced telematics solutions is expected to enhance operational efficiency and safety, making bus travel a more attractive option for commuters across Europe.

According to 6Wresearch, the Europe Bus Market Size is expected to reach at a significant CAGR of 5.2% during the forecast period 2024-2030. This growth is driven by a mixture of factors, including the increasing emphasis on sustainable transport solutions, government initiatives promoting public transportation, and the rapidly growing urbanization across Europe. A significant push towards reducing carbon emissions and enhancing connectivity in both urban and rural areas further contributes to this market expansion. However, the market faces challenges such as high costs associated with electric bus infrastructure and a shortage of skilled professionals to manage and maintain such advancements.

Despite these obstacles, ongoing technological innovations and supportive regulatory frameworks are likely to sustain the market's upward trajectory. The introduction of advanced technologies in bus manufacturing, like autonomous driving systems and enhanced safety features, is expected to further stimulate market growth. Europe’s commitment to environmental sustainability is leading to increased investments in electric and hybrid buses, which align with regional carbon reduction targets. Partnerships between public and private sectors are also emerging as a critical factor in facilitating the expansion of bus networks across major cities. Moreover, government subsidies and grants for eco-friendly bus purchases are likely to encourage both manufacturers and operators to continue pushing the boundaries of innovation in the transportation sector.

Europe Bus Market Trends

Europe Bus Market is currently experiencing significant growth, driven by increasing investments in sustainable public transportation and a rising demand for electric and hybrid buses. Governments across Europe are implementing stringent emission regulations, thus encouraging the adoption of greener technologies. This shift is further supported by the development of smart city initiatives and enhanced public transport infrastructures. Additionally, the growing focus on reducing traffic congestion in urban areas has led to an uptick in demand for efficient, high-capacity transportation solutions like buses. As technology continues to advance and environmental concerns mount, the Europe bus market share is poised for further expansion and innovation.

Investment Opportunities in the Europe Bus Market

Governments across Europe are increasingly investing in electric and hydrogen-powered buses as part of their commitment to reducing carbon emissions and enhancing air quality. Additionally, the demand for urban mobility solutions is rising, influenced by urbanization trends and the need for efficient public transport in densely populated areas. Factors such as supportive governmental policies, advances in battery technology, and the expansion of smart city initiatives are expected to propel market Europe Bus Market size and increase the same proportionally. Furthermore, Europe's robust infrastructure and regulatory frameworks provide a conducive environment for investors looking to capitalize on the region’s evolving transportation sector.

Leading Players in the Europe Bus Market

Europe Bus Market is expected to be led by several key players who are driving innovation and technological advancements. Among these are companies like Daimler AG, with its robust portfolio of buses supported by cutting-edge technology and eco-friendly initiatives. Volvo Group is another significant player, renowned for its emphasis on sustainable and efficient bus solutions. Additionally, Scania AB stands as a prominent name, known for its commitment to reducing emissions and enhancing passenger comfort. The competition in the Europe Bus Market industry is further intensified by emerging electric bus manufacturers such as BYD Company Limited, aiming to capture the growing demand for zero-emission public transportation solutions. These companies, among others, are pivotal in shaping the future of the bus market in Europe through their strategic investments and forward-thinking approaches.

Government Regulations

The Government Regulations are projected to focus heavily on sustainability and environmentally friendly initiatives. As part of the European Union's Green Deal and commitment to reducing carbon emissions, regulations are expected to mandate a gradual transition from traditional diesel-powered buses to electric and hybrid models. These regulations will likely involve stricter emission standards for public transport operators and incentives for adopting zero-emission technologies. Additionally, there could be requirements for improved safety features and accessibility standards to ensure passenger welfare. Funding and support for infrastructure development, such as charging stations for electric buses, will also play a crucial role in these regulations, aiding in the market's shift toward cleaner, greener public transportation options.

Future Insights of the Europe Bus Market

The adoption of electric and hybrid buses is expected to accelerate, supported by stringent government regulations aimed at reducing carbon emissions and improving urban air quality. Innovations in autonomous public transport systems may also start to be integrated, as cities look for efficient traffic management solutions and enhanced passenger experiences. Furthermore, increased investments in infrastructure and smart city projects are likely to result in more interconnected public transport networks, enhancing accessibility and reliability. By 2030, the market landscape could see a substantial shift with traditional bus operators diversifying their fleets and embracing digital solutions to improve operational efficiency and passenger services.

Market Segmentation Analysis

The report offers a comprehensive study of the subsequent market segments and their leading categories.

According to Parth, Senior Research Analyst, 6Wresearch, the segment dominating currently is "By Fuel Type." With increasing environmental concerns and stringent regulations aimed at reducing emissions, there is a significant shift towards adopting alternative fuel buses. Electric buses, in particular, are gaining considerable traction and are expected to lead the market. This trend is fueled by government incentives, advancing technology in battery systems, and the public's growing preference for eco-friendly transportation solutions. As such, the fuel type segment is crucial, marking a transformative period in the market dynamics.

Germany to Dominate the Market- By Countries

Germany is projected to dominate. As one of Europe's largest economies, Germany has made significant investments in sustainable transportation, including electric buses and infrastructure, which aligns with its strong focus on environmental sustainability. This commitment, coupled with a well-developed public transport network and continuous innovations in automotive technology, positions Germany as a leader in this segment, driving growth and setting trends for the rest of the continent. 

Single Deck to Dominate the Market- By Type

The Single Deck category is anticipated to dominate under the "By Type" segment. This predominance is attributed to the growing demand for efficient and flexible public transportation solutions that can navigate urban environments with ease, alongside the increased adoption of eco-friendly propulsion systems in single-deck buses. The versatility and adaptability of single-deck buses make them a preferred choice for city transit systems, which seek to enhance passenger capacity without compromising on maneuverability and speed.

Transit to Dominate the Market- By Application

The "Transit" category is expected to dominate under the "By Application" division. This is driven by the increasing demand for efficient and reliable transportation solutions in the aviation sector as passenger and cargo transit continue to grow across the continent. The emphasis on sustainability and fuel efficiency further boosts the need for advanced lubricants in transit applications, contributing to the category's leading position.

Electric and hybrid category to Dominate the Market- By Fuel Type

the electric and hybrid category is anticipated to dominate from 2024 to 2030. This shift toward electric and hybrid buses is driven by increasing environmental concerns and strict regulatory policies aimed at reducing emissions. European countries are investing significantly in sustainable public transport solutions, encouraging the adoption of cleaner technologies. Consequently, electric and hybrid fuel types are not only gaining popularity for their eco-friendly nature but also for their long-term cost efficiency and reduced dependence on fossil fuels.

31-50 Seats to Dominate the Market- By Seat Capacity

The category "31-50 Seats" is anticipated to dominate. This seat capacity range offers a versatile solution for urban transit, intercity travel, and private charters, making it an attractive option for transportation providers. Its popularity stems from the ability to balance passenger capacity and operational efficiency, thereby addressing the diverse demands of the region's growing public transportation needs. This segment aligns with market trends emphasizing sustainability, cost-effectiveness, and improved passenger comfort, contributing to its leading position within the market landscape.

Key Attractiveness of the Report

• 10 Years of Market Numbers.
• Historical Data Starting from 2020 to 2023.
• Base Year: 2023
• Forecast Data until 2030.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report

• Europe Bus Market Outlook
• Market Size of Europe Bus Market, 2020
• Forecast of Europe Bus Market, 2030
• Historical Data and Forecast of Europe Bus Revenues & Volume for the Period 2020 - 2030
• Europe Bus Market Trend Evolution
• Europe Bus Market Drivers and Challenges
• Europe Bus Price Trends
• Europe Bus Porter's Five Forces
• Europe Bus Industry Life Cycle
• Historical Data and Forecast of Europe Bus Market Revenues & Volume By Type for the Period 2020 - 2030
• Historical Data and Forecast of Europe Bus Market Revenues & Volume By Single Deck for the Period 2020 - 2030
• Historical Data and Forecast of Europe Bus Market Revenues & Volume By Double Deck for the Period 2020 - 2030
• Historical Data and Forecast of Germany Bus Market Revenues & Volume By Type for the Period 2020 - 2030
• Historical Data and Forecast of Germany Bus Market Revenues & Volume By Single Deck for the Period 2020 - 2030
• Historical Data and Forecast of Germany Bus Market Revenues & Volume By Double Deck for the Period 2020 - 2030
• Historical Data and Forecast of United Kingdom Bus Market Revenues & Volume By Type for the Period 2020 - 2030
• Historical Data and Forecast of United Kingdom Bus Market Revenues & Volume By Single Deck for the Period 2020 - 2030
• Historical Data and Forecast of United Kingdom Bus Market Revenues & Volume By Double Deck for the Period 2020 - 2030
• Historical Data and Forecast of France Bus Market Revenues & Volume By Type for the Period 2020 - 2030
• Historical Data and Forecast of France Bus Market Revenues & Volume By Single Deck for the Period 2020 - 2030
• Historical Data and Forecast of France Bus Market Revenues & Volume By Double Deck for the Period 2020 - 2030
• Historical Data and Forecast of Italy Bus Market Revenues & Volume By Type for the Period 2020 - 2030
• Historical Data and Forecast of Italy Bus Market Revenues & Volume By Single Deck for the Period 2020 - 2030
• Historical Data and Forecast of Italy Bus Market Revenues & Volume By Double Deck for the Period 2020 - 2030
• Historical Data and Forecast of Russia Bus Market Revenues & Volume By Type for the Period 2020 - 2030
• Historical Data and Forecast of Russia Bus Market Revenues & Volume By Single Deck for the Period 2020 - 2030
• Historical Data and Forecast of Russia Bus Market Revenues & Volume By Double Deck for the Period 2020 - 2030
• Historical Data and Forecast of Spain Bus Market Revenues & Volume By Type for the Period 2020 - 2030
• Historical Data and Forecast of Spain Bus Market Revenues & Volume By Single Deck for the Period 2020 - 2030
• Historical Data and Forecast of Spain Bus Market Revenues & Volume By Double Deck for the Period 2020 - 2030
• Historical Data and Forecast of Rest of Europe Bus Market Revenues & Volume By Type for the Period 2020 - 2030
• Historical Data and Forecast of Rest of Europe Bus Market Revenues & Volume By Single Deck for the Period 2020 - 2030
• Historical Data and Forecast of Rest of Europe Bus Market Revenues & Volume By Double Deck for the Period 2020 - 2030
• Historical Data and Forecast of Europe Bus Market Revenues & Volume By Application for the Period 2020 - 2030
• Historical Data and Forecast of Europe Bus Market Revenues & Volume By Transit for the Period 2020 - 2030
• Historical Data and Forecast of Europe Bus Market Revenues & Volume By Coaches for the Period 2020 - 2030
• Historical Data and Forecast of Europe Bus Market Revenues & Volume By Others for the Period 2020 - 2030
• Historical Data and Forecast of Germany Bus Market Revenues & Volume By Application for the Period 2020 - 2030
• Historical Data and Forecast of Germany Bus Market Revenues & Volume By Transit for the Period 2020 - 2030
• Historical Data and Forecast of Germany Bus Market Revenues & Volume By Coaches for the Period 2020 - 2030
• Historical Data and Forecast of Germany Bus Market Revenues & Volume By Others for the Period 2020 - 2030
• Historical Data and Forecast of United Kingdom Bus Market Revenues & Volume By Application for the Period 2020 - 2030
• Historical Data and Forecast of United Kingdom Bus Market Revenues & Volume By Transit for the Period 2020 - 2030
• Historical Data and Forecast of United Kingdom Bus Market Revenues & Volume By Coaches for the Period 2020 - 2030
• Historical Data and Forecast of United Kingdom Bus Market Revenues & Volume By Others for the Period 2020 - 2030
• Historical Data and Forecast of France Bus Market Revenues & Volume By Application for the Period 2020 - 2030
• Historical Data and Forecast of France Bus Market Revenues & Volume By Transit for the Period 2020 - 2030
• Historical Data and Forecast of France Bus Market Revenues & Volume By Coaches for the Period 2020 - 2030
• Historical Data and Forecast of France Bus Market Revenues & Volume By Others for the Period 2020 - 2030
• Historical Data and Forecast of Italy Bus Market Revenues & Volume By Application for the Period 2020 - 2030
• Historical Data and Forecast of Italy Bus Market Revenues & Volume By Transit for the Period 2020 - 2030
• Historical Data and Forecast of Italy Bus Market Revenues & Volume By Coaches for the Period 2020 - 2030
• Historical Data and Forecast of Italy Bus Market Revenues & Volume By Others for the Period 2020 - 2030
• Historical Data and Forecast of Russia Bus Market Revenues & Volume By Application for the Period 2020 - 2030
• Historical Data and Forecast of Russia Bus Market Revenues & Volume By Transit for the Period 2020 - 2030
• Historical Data and Forecast of Russia Bus Market Revenues & Volume By Coaches for the Period 2020 - 2030
• Historical Data and Forecast of Russia Bus Market Revenues & Volume By Others for the Period 2020 - 2030
• Historical Data and Forecast of Spain Bus Market Revenues & Volume By Application for the Period 2020 - 2030
• Historical Data and Forecast of Spain Bus Market Revenues & Volume By Transit for the Period 2020 - 2030
• Historical Data and Forecast of Spain Bus Market Revenues & Volume By Coaches for the Period 2020 - 2030
• Historical Data and Forecast of Spain Bus Market Revenues & Volume By Others for the Period 2020 - 2030
• Historical Data and Forecast of Rest of Europe Bus Market Revenues & Volume By Application for the Period 2020 - 2030
• Historical Data and Forecast of Rest of Europe Bus Market Revenues & Volume By Transit for the Period 2020 - 2030
• Historical Data and Forecast of Rest of Europe Bus Market Revenues & Volume By Coaches for the Period 2020 - 2030
• Historical Data and Forecast of Rest of Europe Bus Market Revenues & Volume By Others for the Period 2020 - 2030
• Historical Data and Forecast of Europe Bus Market Revenues & Volume By Fuel Type for the Period 2020 - 2030
• Historical Data and Forecast of Europe Bus Market Revenues & Volume By Diesel for the Period 2020 - 2030
• Historical Data and Forecast of Europe Bus Market Revenues & Volume By Electric and Hybrid for the Period 2020 - 2030
• Historical Data and Forecast of Europe Bus Market Revenues & Volume By Others for the Period 2020 - 2030
• Historical Data and Forecast of Germany Bus Market Revenues & Volume By Fuel Type for the Period 2020 - 2030
• Historical Data and Forecast of Germany Bus Market Revenues & Volume By Diesel for the Period 2020 - 2030
• Historical Data and Forecast of Germany Bus Market Revenues & Volume By Electric and Hybrid for the Period 2020 - 2030
• Historical Data and Forecast of Germany Bus Market Revenues & Volume By Others for the Period 2020 - 2030
• Historical Data and Forecast of United Kingdom Bus Market Revenues & Volume By Fuel Type for the Period 2020 - 2030
• Historical Data and Forecast of United Kingdom Bus Market Revenues & Volume By Diesel for the Period 2020 - 2030
• Historical Data and Forecast of United Kingdom Bus Market Revenues & Volume By Electric and Hybrid for the Period 2020 - 2030
• Historical Data and Forecast of United Kingdom Bus Market Revenues & Volume By Others for the Period 2020 - 2030
• Historical Data and Forecast of France Bus Market Revenues & Volume By Fuel Type for the Period 2020 - 2030
• Historical Data and Forecast of France Bus Market Revenues & Volume By Diesel for the Period 2020 - 2030
• Historical Data and Forecast of France Bus Market Revenues & Volume By Electric and Hybrid for the Period 2020 - 2030
• Historical Data and Forecast of France Bus Market Revenues & Volume By Others for the Period 2020 - 2030
• Historical Data and Forecast of Italy Bus Market Revenues & Volume By Fuel Type for the Period 2020 - 2030
• Historical Data and Forecast of Italy Bus Market Revenues & Volume By Diesel for the Period 2020 - 2030
• Historical Data and Forecast of Italy Bus Market Revenues & Volume By Electric and Hybrid for the Period 2020 - 2030
• Historical Data and Forecast of Italy Bus Market Revenues & Volume By Others for the Period 2020 - 2030
• Historical Data and Forecast of Russia Bus Market Revenues & Volume By Fuel Type for the Period 2020 - 2030
• Historical Data and Forecast of Russia Bus Market Revenues & Volume By Diesel for the Period 2020 - 2030
• Historical Data and Forecast of Russia Bus Market Revenues & Volume By Electric and Hybrid for the Period 2020 - 2030
• Historical Data and Forecast of Russia Bus Market Revenues & Volume By Others for the Period 2020 - 2030
• Historical Data and Forecast of Spain Bus Market Revenues & Volume By Fuel Type for the Period 2020 - 2030
• Historical Data and Forecast of Spain Bus Market Revenues & Volume By Diesel for the Period 2020 - 2030
• Historical Data and Forecast of Spain Bus Market Revenues & Volume By Electric and Hybrid for the Period 2020 - 2030
• Historical Data and Forecast of Spain Bus Market Revenues & Volume By Others for the Period 2020 - 2030
• Historical Data and Forecast of Rest of Europe Bus Market Revenues & Volume By Fuel Type for the Period 2020 - 2030
• Historical Data and Forecast of Rest of Europe Bus Market Revenues & Volume By Diesel for the Period 2020 - 2030
• Historical Data and Forecast of Rest of Europe Bus Market Revenues & Volume By Electric and Hybrid for the Period 2020 - 2030
• Historical Data and Forecast of Rest of Europe Bus Market Revenues & Volume By Others for the Period 2020 - 2030
• Historical Data and Forecast of Europe Bus Market Revenues & Volume By Seat Capacity for the Period 2020 - 2030
• Historical Data and Forecast of Europe Bus Market Revenues & Volume By 15-30 Seats for the Period 2020 - 2030
• Historical Data and Forecast of Europe Bus Market Revenues & Volume By 31-50 Seats for the Period 2020 - 2030
• Historical Data and Forecast of Europe Bus Market Revenues & Volume By More than 50 Seats for the Period 2020 - 2030
• Historical Data and Forecast of Germany Bus Market Revenues & Volume By Seat Capacity for the Period 2020 - 2030
• Historical Data and Forecast of Germany Bus Market Revenues & Volume By 15-30 Seats for the Period 2020 - 2030
• Historical Data and Forecast of Germany Bus Market Revenues & Volume By 31-50 Seats for the Period 2020 - 2030
• Historical Data and Forecast of Germany Bus Market Revenues & Volume By More than 50 Seats for the Period 2020 - 2030
• Historical Data and Forecast of United Kingdom Bus Market Revenues & Volume By Seat Capacity for the Period 2020 - 2030
• Historical Data and Forecast of United Kingdom Bus Market Revenues & Volume By 15-30 Seats for the Period 2020 - 2030
• Historical Data and Forecast of United Kingdom Bus Market Revenues & Volume By 31-50 Seats for the Period 2020 - 2030
• Historical Data and Forecast of United Kingdom Bus Market Revenues & Volume By More than 50 Seats for the Period 2020 - 2030
• Historical Data and Forecast of France Bus Market Revenues & Volume By Seat Capacity for the Period 2020 - 2030
• Historical Data and Forecast of France Bus Market Revenues & Volume By 15-30 Seats for the Period 2020 - 2030
• Historical Data and Forecast of France Bus Market Revenues & Volume By 31-50 Seats for the Period 2020 - 2030
• Historical Data and Forecast of France Bus Market Revenues & Volume By More than 50 Seats for the Period 2020 - 2030
• Historical Data and Forecast of Italy Bus Market Revenues & Volume By Seat Capacity for the Period 2020 - 2030
• Historical Data and Forecast of Italy Bus Market Revenues & Volume By 15-30 Seats for the Period 2020 - 2030
• Historical Data and Forecast of Italy Bus Market Revenues & Volume By 31-50 Seats for the Period 2020 - 2030
• Historical Data and Forecast of Italy Bus Market Revenues & Volume By More than 50 Seats for the Period 2020 - 2030
• Historical Data and Forecast of Russia Bus Market Revenues & Volume By Seat Capacity for the Period 2020 - 2030
• Historical Data and Forecast of Russia Bus Market Revenues & Volume By 15-30 Seats for the Period 2020 - 2030
• Historical Data and Forecast of Russia Bus Market Revenues & Volume By 31-50 Seats for the Period 2020 - 2030
• Historical Data and Forecast of Russia Bus Market Revenues & Volume By More than 50 Seats for the Period 2020 - 2030
• Historical Data and Forecast of Spain Bus Market Revenues & Volume By Seat Capacity for the Period 2020 - 2030
• Historical Data and Forecast of Spain Bus Market Revenues & Volume By 15-30 Seats for the Period 2020 - 2030
• Historical Data and Forecast of Spain Bus Market Revenues & Volume By 31-50 Seats for the Period 2020 - 2030
• Historical Data and Forecast of Spain Bus Market Revenues & Volume By More than 50 Seats for the Period 2020 - 2030
• Historical Data and Forecast of Rest of Europe Bus Market Revenues & Volume By Seat Capacity for the Period 2020 - 2030
• Historical Data and Forecast of Rest of Europe Bus Market Revenues & Volume By 15-30 Seats for the Period 2020 - 2030
• Historical Data and Forecast of Rest of Europe Bus Market Revenues & Volume By 31-50 Seats for the Period 2020 - 2030
• Historical Data and Forecast of Rest of Europe Bus Market Revenues & Volume By More than 50 Seats for the Period 2020 - 2030
• Europe Bus Market - Key Performance Indicators
• Europe Bus Market - Import Export Trade Statistics
• Europe Bus Market - Opportunity Assessment By Countries
• Europe Bus Market - Opportunity Assessment By Type
• Europe Bus Market - Opportunity Assessment By Application
• Europe Bus Market - Opportunity Assessment By Fuel Type
• Europe Bus Market - Opportunity Assessment By Seat Capacity
• Europe Bus Market - Top Companies Market Share
• Europe Bus Market - Top Companies Profiles
• Europe Bus Market - Comparison of Players in Technical and Operating Parameters
• Europe Bus Market - Strategic Recommendations

Market Covered

The market report has been segmented and sub segmented into the following categories:

By Countries 


• Germany

• United Kingdom

• France

• Italy

• Russia

• Spain

• Rest Of Europe



By Type

• Single Deck
• Double Deck

By Application

• Transit
• Coaches
• Others

By Fuel Type

• Diesel
• Electric And Hybrid
• Others

By Seat Capacity

• 15-30 Seats
• 31-50 Seats
• More Than 50 Seats