Public Transport Vehicle Market Top Key Players - BYD Automotive Ltd, VDL Bus and Coaches, Solaris Ltd, Volvo Europe, Astonbus, AMZ Kutno, Eurabus, Karsan Automotive, Mercedes Benz Automotive Europe, Seoul Metro Systems, Transport for London UK

Bus technology continues to evolve as other technologies improve. Buses are constantly improving in terms of energy efficiency, passenger comfort and reduced air pollution. In several countries, some of these improvements have been driven by regulatory standards for city passenger buses. But more broadly, there appears to be a growing public awareness of the benefits of clean and comfortable buses.

As a result of bus deregulation and rail privatization, public transport underwent significant organizational changes. The bus regulation was repealed in October 1986 under the Traffic Act of 1985. The rail system was privatized in 1993 and the first rail franchise was granted in 1995. Although the supply of public transport has been entrusted to private sector operators, the strategic management of buses and railways remains the responsibility of local or national governments. The role of local and federal governments in transportation planning has increased over the past decade.

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GLOBAL PUBLIC TRANSPORT VEHICLE MARKET DYNAMICS

Over the past decade, European cities have seen an increasing trend towards motorization along with worsening air quality, and calls have been made to encourage public transport to break out of this stalemate. In this context, electric buses can play a positive role as there are several advantages associated with the transition from conventional diesel buses to electric buses in terms of reducing local pollution, noise and fuel consumption.

Global public transport is expected to grow steadily over the next few years. A growing proportion of the urban population, along with a growing population and the city's demand for efficient public transport services, is adding gasoline to the industry. All these factors will contribute to the expansion of the global public transport market in various areas during the forecast period.

GLOBAL PUBLIC TRANSPORT VEHICLE MARKET SEGMENTATION

The Global Public Transport Vehicle Market can be segmented into following categories for further analysis.

By Fuel Classification

• Electric Propulsion
• Hydrogen Propulsion
• Conventional Fuel Propulsion
• Hybrid Propulsion
• Natural Gas Propulsion

By Product Conveyance

• Public Buses
• Railway Systems
• Metro Systems
• Monorail Systems
• Rapid Transit Systems

By Availability

• Rural Presence
• Urban Presence
• Mixed Approach Presence

By Battery Type

• Lithium Nickel Manganese Cobalt (LI-NMC)
• Lithium Iron Phosphate (LFP)
• Lithium Cobalt Oxide (LCO)
• Lithium Titanate Oxide (LTO)
• Lithium Manganese Oxide (LMO)
• Lithium Nickel Cobalt Aluminium Oxide (NCA)

By EV Battery Output

• Upto 250 kW
• Above 250 kW

By Regional Classification

• Asia Pacific Region – APAC
• Middle East and Gulf Region
• Africa Region
• North America Region
• Europe Region
• Latin America and Caribbean Region

COMPETITIVE LANDSCAPE

Competition is intensifying in Europe as there are large-scale collaborative efforts with public-private initiatives across the Union to improve hybrid electric buses, fuel cell electric buses, and all-battery electric buses currently used in many public networks around the world. The type of electric bus technology depends on whether electricity is produced or stored on board.

The efficiency of transport systems should be rewarded as an important characteristic of economic and social development. However, transportation activities have a number of negative environmental and health impacts, along with significant socio-economic impacts (negative externalities).

COMPANIES PROFILED

• BYD Automotive Ltd
• VDL Bus and Coaches
• Solaris Ltd
• Volvo Europe
• Astonbus
• AMZ Kutno
• Eurabus
• Karsan Automotive
• Mercedes Benz Automotive Europe
• Seoul Metro Systems
• Transport for London UK

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