ITS market for e-buses to quadruple in Europe and North America by 2029

ITS market for e-buses to quadruple in Europe and North America by 2029

The market for intelligent transport systems supporting electric bus operations is on track for significant growth in both Europe and North America, according to a new analysis by Berg Insight. The market value of ITS for e-buses in European public transport operations was €110.4 million in 2024, and forecast to reach €359.1 million by 2029, representing a compound annual growth rate (CAGR) of 27 per cent. Similarly in North America the ITS market is forecasted to expand from €39.7 million in 2024 to a €101.6 million by 2029, a CAGR…

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