Sri Lanka Electric Bus Market (2026-2032) | Size, Growth, Outlook, Share, Analysis, Companies, Trends, Industry, Forecast, Revenue & Value

Sri Lanka Electric Bus Market Highlights

Sri Lanka Electric Bus Market Highlights Synopsis

Sri Lanka Electric bus market is driven by growing government measures to reduce greenhouse gas emission and at the same time aiming at sustainable development. To achieve the country’s policies for promoting alternative and cleaner modes of transportation is the most important factor driving the growth of the electric bus market in the country.

 According to 6Wresearch internal database and industry insights, the Sri Lanka Electric Bus Market was valued at USD 42.5 million in 2025 and is projected to reach USD 118.7 million by 2032, indicating a compound annual growth rate (CAGR) of 15.3% during the forecast period (2026–2032). Surging government spending for the reduction of air pollution would lead to a surge in demand for electric buses in the country. Currently, more than 6,000 diesel buses running on the streets of Sri Lanka contributing to the air pollution, although the government has plans to shift to low floor electric buses to reduce pollution which would lead to a surge in electric bus market revenues. In 2018, the Sri Lanka government has passed a budget for the purchase of 50 electric buses for a planned urban Bus Rapid Transit (BRT) system.

In Sri Lanka electric bus market, Hybrid Buses contribute a major share of market demand as they are both fuel and electricity operated. Public sector is the leading end-user segment of the electric bus market in the country owing to high government expenditure on acquiring the buses from Chinese manufacturers.

The Sri Lanka Electric Bus market report thoroughly covers the market by types, end users, region and charging infrastructure. The Sri Lanka Electric Bus market outlook report provides an unbiased and detailed analysis of the on-going Sri Lanka Electric Bus 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. 

Key Attractiveness of the Report

• 10 Years of Market Numbers.
• Historical Data Starting from 2022 to 2025.
• Base Year: 2025
• Forecast Data until 2032.
• Key Performance Indicators Impacting the market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Sri LankaElectric Bus Market Overview
• Sri LankaElectric Bus Market Outlook
• Sri LankaElectric Bus Market Forecast
• Historical Data ofSri LankaPhototherapy Device Market Revenues for the Period 2022-2032
• Sri LankaElectric Bus Market Size and Forecast of Revenues, Until 2022-2032
• Historical Data ofSri LankaElectric Bus Market Revenues, by Types, for the Period 2022-2032
• Market Size & Forecast ofSri LankaElectric Bus Market Revenues, by Types, until 2022-2032
• Historical Data ofSri LankaElectric Bus Market Revenues, by End User, for the Period 2022-2032
• Market Size & Forecast ofSri LankaElectric Bus Market Revenues, by End User, until 2022-2032
• Historical Data ofSri LankaElectric Bus Market Revenues, by charging infrastructure, for the Period 2022-2032
• Market Size & Forecast ofSri LankaElectric Bus Market Revenues, by charging infrastructure, until 2022-2032
• Historical Data ofSri LankaElectric Bus Market Revenues, by regions, for the Period 2022-2032
• Market Size & Forecast ofSri LankaElectric Bus Market Revenues, by regions, until 2022-2032
• Market Drivers and Restraints
• Sri LankaElectric Bus Market Trends
• Market Opportunity Assessment
• Sri LankaElectric Bus Market Share, By Regions
• Sri LankaElectric Bus Market Share, By Players
• Sri LankaElectric Bus Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Markets Covered

The Sri Lanka Electric Bus market report provides a detailed analysis of the following market segments:

By Vehicle Types:

• Plug-In Electric Bus
• Hybrid Electric Bus
• Battery Electric Bus

By End Users:

• Public
• Private

By Charging Infrastructure:

• Ground Contact
• Roof Pantograph
• Gantry Pantograph
• Plug Only
• Induction

Regions:

• Northern Region
• Southern Region