Global Bus and Coached Demand Growth, Driven by Economic Growth in the BRIC Nations

New York, USA, 2018-Aug-28 — /EPR Network/ —According to Goldstein Research, expansion of the urban population and the growth in the number and size of the private transportation companies have significantly driven the growth of bus market. Further, different governments are investing huge amount in the public sector to reduce the number of the private vehicles so there is less pollution and the air quality can be improves. Global bus market outlook also includes new business models, product developments and capital investment as the key strategies adopted by the major players for significant expansion of business in developed and as well as in developing countries across the globe. Based on geography, Asia Pacific dominated the global bus market with the market share of 51.2% in 2016 owing to increasing demand from growing population and worsening traffic congestion situation.

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Market Segmentation

On the basis of our in-depth analysis, global bus market can be segmented as follows:

By Fuel Type

  • Diesel
  • Petrol/Gasoline
  • CNG
  • Electric & Hybrid

By Body Type

  • Fully Built
  • Customizable

By Seating Type

  • 15-30
  • 30-40
  • 40-50
  • Above 50

By Geography

  • North America (US, Canada) {Market Share (%), Market Size (USD Billion)}
  • Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion)}
  • Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion) }
  • Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion) }
  • Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion) }

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Global Bus Market Outlook 2024contains detailed overview of the global bus market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by fuel, by body and by seating.

Further, for the in-depth analysis, Bus Market Analysis encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as Anhui Ankai Automobile Company, Ashok Leyland Limited, Daimler AG, GAZ OAO, Gillig Corporation, Hino Motorsetc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.

Overall, the report represents the global bus market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

 

Key questions answered in this Global Bus Market Report

  • What is the global bus market Size by 2024 and what would be the expected growth rate of the industry?
  • What is the total revenue per segment and region in 2015-16 and what would be the expected revenue per segment and region over the forecast period?
  • What are the bus market trends?
  • What are the factors which are driving this industry?
  • What are the major barriers to bus industry growth?
  • Who are the key vendors in this industry space?
  • What are the industry opportunities for the existing and entry level players?
  • What are the recent developments and business strategy of the key players?

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Our analysts working on transportation industry analysis to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in the vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.

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