Buses And Coaches Market: Global Industry Trends, Share, Size, Growth, Opportunity And Forecast 2022-2032
As per the buses and coaches market report by The Business Research Company,the increasing demand for travel by bus is expected to drive the growth of the bus and coach market over forecast period.
The global buses and coaches market size will grow from $42.76 billion in 2022 to $45.99 billion in 2023 at a compound annual growth rate (CAGR) of 7.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global buses and coaches market size is expected to grow to $60.17 billion in 2027 at a CAGR of 6.9%.
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Major competitors in the buses and coaches market include Daimler, VDL Bus and Coach, Scania, Volvo, Marcopolo, Eicher Motors Limited, TATA Motors, Ashok Leyland, Solaris Bus, Coach SA, and Iveco.
The buses and coaches market is segmented -
· By Type: Diesel Buses, Hybrid Buses, Electric Buses, Ethanol Buses
· By Application: General, Personal, Recreational, Tourist, Other Applications
· By Body Built: Fully Built, Customizable
· By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.North America was the largest region in the buses and coaches market.
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Buses and coaches are any motor vehicles, with or without a trailer for the transportation of passengers' belongings, that are designed to carry more than nine people, including the driver. Buses are pre-scheduled or shared transportation and coaches typically operate on routes chosen by the passengers or trip planners and are considered private modes of transportation.
The Table Of Content For The Buses And Coaches Market Include:
1. Executive Summary
2. Buses And Coaches Market Characteristics
3. Buses And Coaches Market Trends And Strategies
4. Buses And Coaches Market - Macro Economic Scenario
5. Buses And Coaches Market Size And Growth
6. Buses And Coaches Market Segmentation
26. Africa Buses And Coaches Market
27. Buses And Coaches Market Competitive Landscape And Company Profiles26. Africa Buses And Coaches Market
28. Key Mergers And Acquisitions In The Buses And Coaches Market
29. Buses And Coaches Market Future Outlook and Potential Analysis
The "Global Buses And Coaches Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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