Press release
Bus Market is expected to achieve a remarkable CAGR of 7.1 percent from 2023 to 2029, ultimately reaching USD 26.18 Billion
Bus Market
The global bus market has been experiencing rapid growth, fueled by increasing urbanization, growing population, and the demand for sustainable transportation solutions. Government initiatives, infrastructure development, and economic conditions in different regions significantly impact the market size. Our comprehensive bus market report offers a detailed analysis of market size, share, segment-wise and region-wise dynamics, including growth drivers, major restraints, future opportunities, and upcoming challenges.
Request a Free Sample Copy or View Report Summary: https://www.maximizemarketresearch.com/request-sample/211011
Bus Market Dynamics:
Increasing Investments in the Bus Market-
Compared to rail-based transport, bus-based public transportation is considered more cost-effective. Governments, public transportation agencies, and private companies are making substantial investments in the development of electric buses and charging infrastructure. For instance, Proterra recently secured a USD 200 million investment from various financial firms, supporting the growth of electric buses and charging stations. The growing demand for buses necessitates the expansion of infrastructure, including bus depots, terminals, and charging stations.
Rising Trend of Electric Buses-
The Electric Bus Market is expected to grow at a CAGR of 43.2 percent during the forecast period. Increasing focus on reducing greenhouse gas emissions and improving air quality drives the demand for electric buses. Governments worldwide are implementing favorable policies, incentives, and grants to accelerate the adoption of electric buses due to their cost-effectiveness, reduced maintenance, and environmental benefits.
Bus Market Regional Insights:
Asia Pacific Bus Market: Dominated the global market in 2022, driven by population growth, rapid urbanization, increasing public transportation demand, and government initiatives. Notable players in China include Yutong, BYD, and King Long. India's market is also substantial, dominated by Tata Motors, Ashok Leyland, and Mahindra & Mahindra.
European Bus Market: Held a significant share in 2022 and is expected to grow rapidly. Stringent emission standards and regulations drive the development of clean and fuel-efficient buses. The demand for electric and hybrid buses is increasing due to environmental regulations and a focus on sustainable transportation.
North American Bus Market: Expected to grow rapidly, with a focus on reducing carbon emissions through electric buses and alternative fuels like CNG and propane.
Request For Free Inquiry Report: https://www.maximizemarketresearch.com/inquiry-before-buying/211011
Bus Market Segmentation:
Seating Capacity: Small Bus (Up to 15 passengers), Medium Bus (16 to 35 passengers), and Large Bus (36+ passengers). The Medium Bus segment dominated in 2022 and is expected to continue its growth.
Distribution Channel: Domestic Market and International Market. The domestic market segment held the largest share in 2022, while the international market is expected to grow.
Sales Channel: Online and Offline. Online sales dominated the market in 2022, driven by the growing e-commerce trend.
Request for sample here: https://www.maximizemarketresearch.com/request-sample/211011
Bus Market Key Players:
1. Anhui Ankai Automobile Co. Ltd
2. BYD Company Limited
3. Alexander Dennis Limited (ADL)
4. King Long United Automotive Industry Co. Ltd.
5. Zhengzhou Yutong Group Co. Ltd
6. Zhongtong Bus Holding Co. Ltd
7. NFI Group Inc.
8. AB Volvo
9. Solaris Bus & Coach sp. z o.o.
10. Daimler Truck Holding AG
11. Mobico Group
12. Suzhou Eagle Electric Vehicle Manufacturing Co. Ltd
13. Tata Motors Limited
14. Mercedes-Benz Group AG
15. Marcopolo S.A.
16. New Flyer Industries
17. Ashok Leyland
18. Mahindra & Mahindra
19. Proterra
To Know More Details of Report: https://www.maximizemarketresearch.com/market-report/bus-market/211011/
Table of content for the Bus Market includes:
1. Global Bus Market: Research Methodology
2.
Global Bus Market: Executive Summary
•
Market Overview and Definitions
● Introduction to the Global Market
● Summary
● Key Findings
● Recommendations for Investors
● Recommendations for Market Leaders
● Recommendations for New Market Entry
3.Global Bus Market: Competitive Analysis
•
MMR Competition Matrix
● Market Structure by region
● Competitive Benchmarking of Key Players
● Consolidation in the Market
● M&A by region
● Key Developments by Companies
● Market Drivers
● Market Restraints
● Market Opportunities
● Market Challenges
● Market Dynamics
● PORTERS Five Forces Analysis
● PESTLE
● Regulatory Landscape by region
● North America
● Europe
● Asia Pacific
● Middle East and Africa
● South America
● COVID-19 Impact
4 . Company Profile: Key players
•
Company Overview
● Financial Overview
● Global Presence
● Capacity Portfolio
● Business Strategy
● Recent Developments
Key Offerings:
● Past Market Size and Competitive Landscape (2022 to 2029)
● Past Pricing and price curve by region (2022 to 2029)
● Market Size, Share, Size and Forecast by different segment | 2022-2029
● Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
● Market Segmentation - A detailed analysis by growth and trend
● Competitive Landscape - Profiles of selected key players by region from a strategic perspective
● Competitive landscape - Market Leaders, Market Followers, Regional player
● Competitive benchmarking of key players by region
● PESTLE Analysis
● PORTER's analysis
● Value chain and supply chain analysis
● Legal Aspects of business by region
● Lucrative business opportunities with SWOT analysis
● Recommendations
Related Report :
Global Frozen Yogurt Market https://www.maximizemarketresearch.com/market-report/frozen-yogurt-market/122850/
Urea Market https://www.maximizemarketresearch.com/market-report/global-urea-market/26788/
Healthcare Information System Market https://www.maximizemarketresearch.com/market-report/healthcare-information-system-market/124949/
Sunflower Oil Market https://www.maximizemarketresearch.com/market-report/sunflower-oil-market/122497/
Contact Maximize Market Research:
MAXIMIZE MARKET RESEARCH PVT. LTD.
3rd Floor, Navale IT Park Phase 2,
Pune Banglore Highway,Narhe
Pune, Maharashtra 411041, India
✆ +91 9607365656
sales@maximizemarketresearch.com
https://www.maximizemarketresearch.com
About Maximize Market Research:
Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of the majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Bus Market is expected to achieve a remarkable CAGR of 7.1 percent from 2023 to 2029, ultimately reaching USD 26.18 Billion here
News-ID: 3272044 • Views: …
More Releases from MAXIMIZE MARKET RESEARCH PVT. LTD
Wool Market is expected to grow at a CAGR of 8.5 % from 2024 to 2030, reaching n …
Wool Market Report Scope and Research Methodology:
The Wool Market Report aims to provide a comprehensive analysis of the global wool industry, covering various aspects such as market size, trends, drivers, challenges, and opportunities. The scope of the report encompasses an in-depth examination of the wool market across different regions, including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. It delves into the key segments of…
Amaranth Market is expected to grow at 11.51 % through 2024 to 2030
Amaranth Market Report Scope and Research Methodology:
The Amaranth Market Report offers a comprehensive analysis of the global amaranth market, providing insights into key trends, drivers, challenges, and opportunities shaping the industry landscape. The report encompasses a detailed examination of various segments of the market, including product types, applications, and geographical regions. Through rigorous primary and secondary research methodologies, data collection involves gathering information from industry experts, market participants, and reputable…
Docking Station Market is expected to grow at 5.7 % CAGR through 2023 to 2029, r …
Docking Station Market Report Scope and Research Methodology:
The Docking Station Market Report comprehensively analyzes the global market for docking stations, encompassing various segments such as type, connectivity, application, and region. The report delves into market dynamics, including drivers, restraints, challenges, and opportunities shaping the industry landscape. It offers insights into technological advancements, emerging trends, and regulatory frameworks influencing market growth. Utilizing a robust research methodology, the report employs both primary…
Tunisia Pharmaceutical Market is expected to grow at 12.9 % through 2022 to 2029
Tunisia Pharmaceutical Market Report Scope and Research Methodology:
The Tunisia pharmaceutical market report offers a comprehensive analysis of the pharmaceutical industry within the country, providing insights into key market trends, challenges, and opportunities. The report encompasses an in-depth examination of various segments within the pharmaceutical market, including prescription drugs, over-the-counter medications, and biopharmaceuticals. By delving into factors such as regulatory landscape, market dynamics, and competitive landscape, the report aims to equip…
More Releases for Bus
Bus Charter Services Market 2019 Analysis and Precise Outlook : Barons Bus, Nort …
Latest added Global Bus Charter Services Market research study by AMA Research offers detailed outlook and elaborates market review till 2025. The market Study is segmented by key regions that are accelerating the mercerization. At present, the market players are strategizing and overcoming challenges of current scenario; The study explored is a perfect mix of qualitative and quantitative Market data collected and validated majorly through primary data and secondary…
Bus Manufacturing Market Detailed Global Analysis Report by Key Players – FAW, …
A new business intelligence report released by Up Market Research on “Global Bus Manufacturing Market Research Report 2019”. Report provides a comprehensive market analysis with future prospects to 2026. The study have garnered extensive research methodologies and data sources (i.e. Secondary & Primary Sources) in order to generate collective and useful information that delivers latest market undercurrents and industry trends.
Get Exclusive FREE Sample Copy Of this Report @
https://www.upmarketresearch.com/home/requested_sample/76328
The report…
Global School Bus Market 2019 - Collins Industries, Starcraft Bus, Trans Tech, I …
School Bus Market
The global School Bus market research report comprises of the basic insights that are relevant to the global market. The report being an all-inclusive one will be of great help to the users in order to understand not only the market trends, but also the size, forecast trends, production, share, demand, sales, and many such aspects
International global School Bus market report has been replete with step by step…
Global School Bus Market 2018 - Micro Bird, Starcraft Bus, Trans Tech, Van Con, …
Eminent Market Reports, recently published a detailed market research study focused on the “School Bus Market” across the global, regional and country level. The report provides 360° analysis of “School Bus Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of School Bus on…
Global Bus Market 2018 - Beiqi Foton Motor, JMCG, JAC, BYD, Yangzhou Asiastar Bu …
Eminent Market Reports, recently published a detailed market research study focused on the “Bus Market” across the global, regional and country level. The report provides 360° analysis of “Bus Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of Bus on the basis of…
China Electric Bus Market by Type Pure Electric Bus, Series Hybrid Bus, Parallel …
China electric bus market size is estimated to cross 140,000 units in 2017 and is forecasted to grow at a CAGR of 13.1% during 2018-2025. The market witnessed a significant growth in the historical period, mainly driven by government subsidies. Pure Electric buses, which account for a majority of electric bus sales in the country, would continue to dominate the Chinese electric bus market due to increased government support for…
