The global electric bus market has shown significant growth, with a value of $35.3 billion in 2021 and projected to reach $439.7 billion by 2031, expanding at a CAGR of 29.5%. This growth is attributed to the rising demand for clean energy and efforts to reduce carbon emissions. Asia-Pacific, led by China, dominated the market in 2021, driven by infrastructure developments, technological advancements, and growing environmental concerns. Hydrogen fuel cell vehicles are playing a key role in this growth due to their eco-friendly nature. Manufacturers like Hyundai and Iveco Group are partnering to mass-produce fuel-cell electric buses, further boosting the market. The market is influenced by factors such as government initiatives, emission norms, and technological advancements, while challenges like charging infrastructure and high costs remain. The outbreak of COVID-19 initially reduced demand, but post-pandemic recovery has seen an increase in sales, especially in countries like China, the U.S., Germany, France, and the UK. The report also identifies key trends in propulsion types, length, range, battery capacity, power output, and regions that are expected to drive market growth in the near future, such as fuel cell electric vehicles, longer buses, increased range and battery capacity, higher power output, and significant growth in the LAMEA region.