As per the latest report from Future Market Insights (FMI), the Europe Trolley Bus Market is projected to reach a valuation of US$ 999.1 million by the year 2033. The market is anticipated to grow at a moderate CAGR of 2.7% during the forecast period. By 2023, the market is expected to achieve a significant milestone, reaching US$ 765.4 million.
The trolley bus market in Europe is experiencing a revival, driven by the push for sustainable urban mobility solutions. Trolley buses, which are electrically powered and draw electricity from overhead wires, offer a zero-emission alternative to traditional diesel buses. As European cities grapple with air pollution and strive to meet stringent environmental regulations, trolley buses present an attractive option for reducing greenhouse gas emissions and improving air quality. Cities such as Zurich, Geneva, and Athens have long-established trolley bus networks, and more cities are now considering or expanding their systems to enhance public transport sustainability.
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Technological advancements are playing a crucial role in the modernization and efficiency of trolley bus systems. Innovations such as battery-trolley hybrids allow buses to operate on routes without continuous overhead wires, improving route flexibility and reducing infrastructure costs. These hybrid systems enable trolley buses to switch seamlessly between on-wire and off-wire operation, using battery power in areas without overhead cables. Additionally, advancements in energy storage and regenerative braking technologies are enhancing the efficiency and range of trolley buses, making them more competitive with other forms of electric and hybrid public transport.
Investment in trolley bus infrastructure is also being bolstered by supportive government policies and funding initiatives aimed at promoting green public transport. The European Union, through various programs and funds, is providing financial assistance to cities and municipalities investing in trolley bus networks. These initiatives are part of broader efforts to develop smart, sustainable cities and reduce urban congestion. Furthermore, public-private partnerships are emerging as a viable model for funding and operating trolley bus systems, combining public sector oversight with private sector efficiency. As European cities continue to prioritize sustainable transport, the trolley bus market is set to grow, driven by technological innovation, regulatory support, and the increasing need for environmentally friendly urban mobility solutions.
Top Highlights from the FMI’s Analysis of the Europe Trolley Bus Market:
- The dual-powered segment is projected to grow at a significant pace over the assessment period. The segment is expected to outshine pure electric technology in the upcoming years. Research and development for the former segment are expected to drive its technological growth.
- On the basis of application, local commute transportation is expected to generate significant growth opportunities. The growing adoption of greener passenger transport is anticipated to push market growth.
- Italy is expected to generate a massive revenue share in the region. In Italy, the availability of well-established public transport infrastructure is projected to push regional growth.
- France holds the potential for the trolley buses industry growth. Significant investments in trolley buses are expected to push the market growth. Additionally, new trolleybuses with 10% more capacity, are expected to be delivered by 2024.
- Ukraine, another European country, observes high demand for trolley buses. Currently, this disputed place inhabits the world’s extensive trolley bus. Enhancing public transit infrastructure in Ukraine is expected to positively influence passengers to opt for the trolley bus.
Keeping Abreast with the Market Ongoings: Market News
- In March 2022, Solaris announced that it is going to deliver 15 trolley buses to Targu Jiu, Romania. This delivery came under the 7.5 million Euro deal.
- Solaris Bus & Coach is a unit of Spain’s CAF. In November 2020, the company announced the supply of 65 hybrid and electronic buses and trolley buses to 5 Romanian cities.
Key Players in the Market
- Construcciones y Auxiliar de Ferrocarriles, S.A.
- OJSC Holding Managing Company Belkommunmash
- ŠKODA Transportation a.s.
- Kiepe Electric GmbH
- Carrosserie Hess AG
- Bohdan Motors JSC
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Trolley Bus Market by Category
By Bus Type:
- 12 M
- 18 M
By Application:
- Local Commute Transportation
- Amusement Parks
- Auxiliary Purpose
By Technology:
- Pure Electric
- Dual Powered (Electric + Battery)
Country:
- Russia
- Germany
- United Kingdom
- Italy
- Spain
- France
- Greece
- Nordic
- BENELUX
- Ukraine
- Romania
- Rest of Europe
Author
Nikhil Kaitwade (Associate Vice President at Future Market Insights, Inc.) has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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