Press release
Bus Market size expected to reach USD 28.04 billion by 2030
Bus Market, Bus Market Share, Bus Market Scope,
The Asia-Pacific region dominates the global bus market, holding the largest market share. Single-deck buses are the most common model in this sector due to their affordability, ease of use, and suitability for heavily traveled urban routes. Diesel-engine buses account for the largest share of the market. Additionally, the market is segmented by seat capacity: 15-30 seats, 31-50 seats, and more than 50 seats. Transit buses represent the largest application category by far. The future of the bus industry is being shaped by several factors, including the increasing demand for eco-friendly fuel options, the development of smart technologies, and the growing shift towards electric buses, which is a major driver of market growth.
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July 2nd, 2024, sustainable-bus: 'In the first half of 2024, according to ACEA's figures, the European zero emission city bus market grew 45%, with Germany and Spain on a growing trajectory, while France decreased.'
September 2nd, 2024: autocarpro: VE Commercial Vehicles Limited (VECV), a joint venture between the Volvo Group and Eicher Motors Limited, intends to participate in future government tenders for the introduction of electric buses.
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Bus Market Segmentation
by Type
Transit Bus
School Bus
Coach/Intercity Bus
Shuttle Bus
Mini Bus
by Seating Capacity
Small Bus (Up to 15 passengers)
Medium Bus (16 to 35 passengers)
Large Bus (36 + passengers)
by Fuel Type
Petrol
Diesel
Natural Cas
Electric
Hybrid
by Application
Urban Transit
School Transportation
Tourism and Charter
Employee Transportation
Airport
Hotel Shuttle
by Distribution Channel
Domestic Market
International Market
by Sales Channel
Online
Offline
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Bus Market Key Players
Anhui Ankai Automobile Co. Ltd
BYD Company Limited
Alexander Dennis Limited (ADL)
King Long United Automotive Industry Co. Ltd.
Zhengzhou Yutong Group Co. Ltd
Zhongtong Bus Holding Co. Ltd
NFI Group Inc.
AB Volvo
Solaris Bus & Coach sp. z o.o.
Daimler Truck Holding AG
Mobico Group
Suzhou Eagle Electric Vehicle Manufacturing Co. Ltd
Tata Motors Limited
Mercedes-Benz Group AG
Marcopolo S.A.
New Flyer Industries
Ashok Leyland
Mahindra & Mahindra
Proterra
Key questions answered in the Bus Market are:
What is the current Global Bus Market size?
Who are the key players in the Global Bus Market?
Which segment has the biggest share in the Global Bus Market?
Which region has the biggest share in the Global Bus Market?
𝐅𝐨𝐫 𝐚 𝐝𝐞𝐞𝐩𝐞𝐫 𝐮𝐧𝐝𝐞𝐫𝐬𝐭𝐚𝐧𝐝𝐢𝐧𝐠, 𝐜𝐥𝐢𝐜𝐤 𝐨𝐧 𝐭𝐡𝐞 𝐥𝐢𝐧𝐤: https://www.maximizemarketresearch.com/market-report/bus-market/211011/
Key Offerings:
Past Bus Market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2022)
Bus Market Size, Share, Size & Forecast by Different Segment | 2024-2030
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Bus Market Segmentation - A detailed analysis by segment with their sub-segments and Region
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
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Maximize Market Research is a global market research and consulting company that provides businesses with insights to foster their growth and competitive advantage. The company specializes in delivering actionable and data-driven research reports tailored to help organizations make informed decisions. With a team of experienced analysts and consultants, Maximize Market Research offers expertise across multiple industries, including healthcare, technology, manufacturing, consumer goods, and more.
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