Africa Bus Market to Grow with a CAGR of 6.11% through 2030
Rising urbanization, growing demand for affordable public transport, and
government investments in intra-city connectivity are the factors driving the
market in the forecast period 2026–2030.
According to TechSci Research report, “Africa Bus Market – Global
Industry Size, Share, Trends, Opportunity, and Forecast, 2020-2030F”,
The Africa Bus Market was valued at USD 2.25 Billion in 2024 and is expected to
reach USD 3.21 Billion by 2030 with a CAGR of 6.11% during the forecast period.
The Africa bus market is evolving rapidly due to several key factors,
including the accelerating shift towards sustainable urban mobility and the
growing demand for efficient mass transportation. Urbanization across the
continent is increasing at a pace unmatched by other regions, with African
cities rapidly expanding. As a result, the need for well-structured,
affordable, and efficient public transportation systems has become more
pressing. Buses are becoming an integral part of this transformation, offering
a practical solution to alleviate traffic congestion and reduce carbon
emissions. Governments are implementing new policies and initiatives to support
the development of integrated bus networks, facilitating improved connectivity
between suburban and urban areas.
Another prominent driver is the rising demand for intercity
transportation solutions. With increasing cross-border trade and economic
integration, buses offer a cost-effective, flexible, and reliable mode of
transport for both passengers and freight. Many countries in Africa are
focusing on enhancing intercity routes to cater to long-distance travel. The
growing need for accessible transportation services in rural and remote areas
is also fueling the demand for buses. This trend is leading to the expansion of
fleet sizes, with operators looking to invest in buses that can serve diverse
passenger needs, from basic city transit to more specialized services like
luxury coaches and tourist transport.
In addition to these, digital transformation within the bus industry is
another key factor influencing growth. Modern technology solutions, such as
smart ticketing systems, route optimization software, and real-time tracking
applications, are revolutionizing how bus services operate. These advancements
not only enhance operational efficiency but also improve passenger experience,
making buses a more attractive choice for commuters. Moreover, the shift toward
renewable energy sources and electric buses, while in its early stages, is a
growing trend driven by environmental concerns and government regulations aimed
at reducing emissions. The increasing awareness of climate change and the
benefits of green transportation is leading cities to explore cleaner, more
sustainable options.
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in-depth TOC on "Africa Bus Market"
Africa Bus Market Is Segmented by Application,
Length, Seating Capacity, Fuel Type, and By Country.
In 2024, the
fastest-growing fuel type in the Africa bus market is anticipated to be battery
electric buses (BEBs). This growth is driven by several factors, including the
increasing focus on reducing carbon emissions, improving air quality, and
advancing sustainable transport solutions across African cities. Battery
electric buses offer significant environmental benefits over traditional
fuel-based options like diesel, as they produce zero emissions during
operation. With rising awareness about climate change and the global push for
cleaner energy, many African cities are adopting BEBs to reduce their carbon
footprints. Governments, along with private operators, are recognizing the
long-term savings on fuel and maintenance costs associated with BEBs, which are
proving to be a more cost-effective alternative over time. Infrastructure
development for electric vehicles, such as charging stations, is also
expanding, making BEBs a viable option for cities aiming to build eco-friendly
and energy-efficient public transport systems. Furthermore, international
financial support and incentives are driving the transition to electric
mobility, making BEBs a prominent feature in the modernization of African bus
fleets. The demand for BEBs is expected to continue growing as technology
advances, reducing costs and improving vehicle range.
In the context of regional
growth, the fastest-growing country for bus adoption in 2024 is expected to be
Kenya. With rapid urbanization, a young and growing population, and a strong
push toward sustainable development, Kenya is positioning itself as a leader in
the adoption of modern, green transportation systems. The government has
actively promoted public transport reforms, and with significant investments in
infrastructure development, including bus rapid transit (BRT) systems, the
country is quickly improving its public transport network. Nairobi, in
particular, is witnessing an uptick in bus fleet expansions and cleaner energy
buses, such as electric and hybrid buses, as part of its strategy to tackle
congestion and reduce pollution. Kenya’s focus on green mobility, along with
ongoing initiatives to encourage electric vehicle adoption, places it at the
forefront of the African bus market’s growth in 2024.
Major Market Players
Operating in Africa Bus Market Are:
- Toyota Motor Corporation
- Mercedes (Daimler AG)
- Isuzu Motors Ltd.
- Mitsubishi Fuso Truck and Bus Corporation
- Zhengzhou Yutong Bus Co. Ltd.
- Ashok Leyland Ltd.
- Tata Motors Ltd.
- Xiamen King Long United Automotive Industry Co.
Ltd.
- AB Volvo
- Scania AB
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As the African continent continues to grow rapidly,
the bus market is evolving to meet the increasing demand for efficient,
sustainable transportation. With urban populations expanding quickly, there’s a
real opportunity for innovation in public transport. I believe electric and
hybrid buses are going to play a key role in shaping the future, especially as
cities work towards cleaner, greener solutions. The market is full of
potential, and it's exciting to see how governments and private players are
stepping up to build better, more reliable systems for everyday commuters, said
Mr. Karan Chechi, Research Director of TechSci Research, a research-based
global management consulting firm.
The report titled “Africa Bus Market – Size, Share,
Trends, Opportunity, and Forecast, Segmented By Application (Transit Buses,
Motor Coaches, School Buses, Others), By Length (Up to 8 m, 8 m to 10 m, 10 m –
12 m, Above 12 m), By Seating Capacity (Up to 30 seats, 31-50 seats, more than
50 seats), By Fuel Type (Diesel, Natural Gas, Battery Electric, Plug-in Hybrid,
Fuel Cell Electric), By Country, By Competition, 2020-2030F”, assesses the
market's future growth potential and provides data on market size, trends, and
forecasts. It aims to offer comprehensive market insights, helping
decision-makers make informed investment choices. The report also highlights
emerging trends, key drivers, challenges, and opportunities in the Africa Bus
Market.
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