The global electric bus charging infrastructure market size reached approximately USD 2.94 Billion in 2024. The market is estimated to grow at a CAGR of 20.20% in the forecast period of 2025-2034, reaching a value of around USD 18.51 Billion by 2034.
Key Trends in the Market
Electric bus charging infrastructure refers to a network of technologies and systems such as charging stations, charging outlets, billing options, and subscription plans, among others, which facilitate the charging of electric buses.
- Increased installation of bi-directional EV charging stations, which can draw power from the electric grid to the electric buses and vice versa, is one of the prominent electric bus charging infrastructure market trends. These charging stations maintain the grid efficiency during the peak load as well as offer EV bus owners the opportunity to earn extra income by sending power back to the grid.
- The burgeoning popularity of dynamic load management in charging infrastructure, which offers priority charging to EV buses, optimises the grid capacity, and eliminates the probability of power outages, is another crucial trend aiding the market expansion. Key players are also offering the provision of contactless payment methods via digital wallets and bank cards to provide a seamless charging experience for drivers.
- Growing partnerships and agreements between several market players to increase the production of e-buses as a step towards decarbonisation of public transport also favours the electric bus charging infrastructure market growth.
Market Segmentation
Global Electric Bus Charging Infrastructure Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:
Market Breakup by Platform
Market Breakup by Charging Type
- Plug-in Charging
- Overhead Charging
Market Breakup by Region
- North America
- Europe
- The Asia Pacific
- Latin America
- The Middle East and Africa
Market Share by Platform
On-the-go charging occupies a significant portion of the electric bus charging infrastructure market share as it offers the convenience of charging e-buses anytime and anywhere. It also reduces the hassle of returning to the charging stations for buses travelling over a long distance.
Meanwhile, depot charging is expected to witness steady growth in the coming years as it offers an economical charging solution for e-buses when they are parked idly at the hub or depot.
Market Share by Region
As per the electric bus charging infrastructure market analysis, the Asia Pacific accounts for a substantial share of the global market, due to increased electrification of public transit in the region. Due to the growing concerns regarding pollution in many developing countries, there is a surge in the adoption of zero-emission depots such as e-buses.
Furthermore, favourable government incentives such as the PM-eBus Sewa scheme by the Indian government, which aims to deploy over 10,000 electric buses in 169 cities to promote green mobility, support the development of charging infrastructure.
Competitive Landscape
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the electric bus charging infrastructure market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
ABB Ltd.
ABB Ltd. is a leading technology provider, founded in 1988, with its headquarters in Zurich, Switzerland. The company offers its services in the sectors of automotive, building and infrastructure, chemical, data centres, oil and gas, and process automation, among others.
Siemens AG
Siemens AG, incorporated in 1847, offers its solutions primarily to the infrastructure, healthcare, and transport sectors. The company, based in Munich, Germany, has a product portfolio of building technology, drive technology, industrial automation, and mobility-based components.
Proterra Inc.
Proterra Inc., established in 2004, is an electric vehicle manufacturer, headquartered in California, the United States. The company is well-known for its comprehensive range of charging solutions for commercial electric vehicles.
Other electric bus charging infrastructure market players include Alstom SA, Heliox, ChargePoint Inc., Liikennevirta Oy, Furrer + Frey AG, Nuuve Holding Corp., and Electreon Wireless Ltd., among others.