Press release
Middle East and Africa Bus Market Share, Size, Growth, Demand, Report and Forecast 2024-2032
Middle East and Africa Bus Market
According to the report by Expert Market Research (EMR), the Middle East and Africa bus market is projected to grow at a CAGR of 4.10% between 2024 and 2032. Aided by the growing urbanisation, governmental initiatives in public transportation infrastructure, and heightened tourism activities, the market is expected to grow significantly by 2032.
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Buses play a pivotal role in providing mass transit solutions in both urban and rural areas. They are essential components in the urban transport network, contributing to the decongestion of city spaces and offering cost-effective commuting solutions to the populace. Additionally, buses are integral in facilitating long-distance travel and fostering connectivity between cities and countries in the Middle East and Africa.
The burgeoning demand for robust public transport systems is fuelling the Middle East and Africa bus market growth. Urbanisation trends have intensified the need for efficient, scalable, and sustainable mobility solutions. Governments are harnessing investments and innovations in the bus sector to upgrade public transportation infrastructures, enhance connectivity, and reduce travel times.
Moreover, the region is experiencing a rise in tourism activities, necessitating a robust and extensive network of buses to cater to the commuting needs of tourists. As per the Middle East and Africa bus market analysis, the robust influx of visitors is accentuating the demand for luxury and coach buses, augmenting the growth trajectory of the bus market in the region.
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A substantial stride in bus technologies is witnessing the incorporation of electric and hybrid buses in the Middle East and Africa. These developments are aimed at mitigating environmental impacts and aligning with global sustainability goals. Nations are progressively embracing eco-friendly transit solutions, which further propels the Middle East and Africa bus market demand.
This paradigm shift towards sustainable bus technologies is synergised by innovative advancements in battery technologies, efficient energy management systems, and the development of charging infrastructures. These innovations are pivotal in enhancing the operational efficiencies, range, and reliability of electric and hybrid buses, making them viable alternatives to their conventional counterparts and further increasing the value of the Middle East and Africa bus market size.
The burgeoning tourism sector in regions such as Dubai, South Africa, and Morocco is fuelling the demand for luxury and intercity buses. These buses are pivotal in catering to the diversified needs of tourists, offering comfort, amenities, and seamless connectivity between touristic destinations.
Middle East and Africa Bus Market Segmentation
The market can be divided based on fuel type, bus type, length, body type, and region.
Market Breakup by Fuel Type
Diesel
Electric / Hybrid
CNG
Others
Market Breakup by Bus Type
Intercity Bus
Intracity Bus
Market Breakup by Length
Up to 6 Meter
6-8 Meter
8-10 Meter
12 Meter
18 Meter
Market Breakup by Body Type
Fully Built
Customisable Body
Market Breakup by Country
Saudi Arabia
United Arab Emirates
South Africa
Egypt
Nigeria
Others
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the Middle East and Africa bus market. Some of the major players explored in the report by Expert Market Research are as follows:
Yutong Bus Co., Ltd.
Daimler Truck Holding AG
AB Volvo
MAN SE
Toyota Motor Corporation
Marcopolo S.A.
Higer Bus Company Limited
Scania AB
Hyundai Motor Company
BYD Motors Inc.
Others
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