The global market for energy-efficient bus air conditioning technology is expanding rapidly. In 2024, the total bus HVAC system market surpassed $20 billion, with energy-efficient solutions comprising over 40% of this value. It is projected to grow at a compound annual growth rate (CAGR) of 8–12% and exceed $40 billion by 2030.
As the largest regional market, China’s energy-efficient segment reached ¥8 billion ($1.1 billion) in 2024, accounting for 40% of the global share, and is expected to grow at a higher 15% CAGR through 2030, driven by aggressive new energy bus deployment policies. These figures underscore the technology’s accelerating adoption and robust growth trajectory worldwide.
