According to the latest report from Future Market Insights (FMI), the European trolley bus market is projected to reach a valuation of USD 999.1 million by 2033, growing at a moderate CAGR of 2.7% during the forecast period. By 2023, the market is expected to achieve a notable milestone, reaching USD 765.4 million.
The resurgence of the trolley bus market in Europe is driven by the push for sustainable urban mobility solutions. Trolley buses, which run on electricity drawn from overhead wires, provide a zero-emission alternative to conventional diesel buses. As European cities tackle air pollution and aim to comply with stringent environmental regulations, trolley buses offer a viable solution for reducing greenhouse gas emissions and improving air quality. Cities like Zurich, Geneva, and Athens have long-established trolley bus networks, and more cities are now considering or expanding their systems to enhance the sustainability of public transport.
Technological advancements are crucial to the modernization and efficiency of trolley bus systems. Innovations such as battery-trolley hybrids enable buses to operate on routes without continuous overhead wires, improving route flexibility and reducing infrastructure costs. These hybrid systems allow trolley buses to seamlessly switch 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 boosting the efficiency and range of trolley buses, making them more competitive with other electric and hybrid public transport options.
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Investment in trolley bus infrastructure is further supported by government policies and funding initiatives aimed at promoting green public transport. The European Union is providing financial assistance through various programs and funds to cities and municipalities investing in trolley bus networks. These initiatives are part of broader efforts to develop smart, sustainable cities and alleviate 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 focus on sustainable transport solutions, the trolley bus market is set to grow, driven by technological innovations, regulatory support, and the increasing demand for environmentally friendly urban mobility options.
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 Ongoing: 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)
By Country:
- Russia
- Germany
- United Kingdom
- Italy
- Spain
- France
- Greece
- Nordic
- BENELUX
- Ukraine
- Romania
- Rest of Europe
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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