Aarkstore Enterprise announced Latest Trending Market Research Report Titled “Global Bus Market Research Report 2019-2023” under the Automotive category. The global bus market is projected to reach $ 69 billion by 2025. The report also provides detailed analysis, market opportunities, and industry stakeholders.
The global bus market is projected to reach $ 69 billion by 2025, on the back of rising demand for transportation from a growing population, especially in the urban areas, across the globe. Major factors responsible for the rising sales of buses include improvements in infrastructure in various large developing countries and increasing population.
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The global bus market is segmented based on application, bus length, seating capacity, fuel type, built type, and region. Based on built type, the market can be bifurcated into fully built and customized, of which the latter is expected to grow at a faster pace as a rising number of customers are preferring such vehicles. Based on bus length, the market can be fragmented into 6-8m, 9-12m and above 12m. The 9-12m segment acquires the highest share, globally, due to increasing population, worsening traffic congestion and rising focus on public transportation.
The major player operating in the global bus market include Zhenzhou Yutong Group, Volvo, Scania, TATA Motors Limited, Isuzu, Hino Motors, MAN, Marcopolo SA, Daimler AG, Iveco, Ashok Leyland, and others. Most of the companies are developing buses with new advanced technologies and alternative fuel technology such as electric in order to stay strong in the global bus market. Many companies are making huge investments in research & development and entering into joint ventures with other companies in order to expand the market share in the global market.
Years considered for this report:
Historical Years: 2015-2018
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2021-2025
The objective of the Study:
It calculated the global bus market size by using a bottom-up approach, where data for various end-user segments were recorded and forecast for the future years. It sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations, and financial reports were also studied by It.
Key Target Audience:
Report Scope:
In this report, the global bus market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Market, by Application:
Asia-Pacific
Company Profiles: Detailed analysis of the major companies present in the global bus market.
Available Customizations:
With the given market data, It offers customizations according to a company’s specific needs. The following customization options are available for the report:
Company Information
View Full Market Research Reports on Market: https://www.aarkstore.com/automotive/1799749/global-bus-market-by-application-forecast-and-opportunities
About Aarkstore Enterprise
Aarkstore curates Global market research reports from various industry verticals and serves businesses worldwide. As market research report resellers, we at Aarkstore, partner with established publishers for both; syndicated data and customized reports. The market research data supplied by us is up-to-date and reliable for current day industry analysis and future market forecasts equally.
Avail Market Research Reports from us and gathers critical information about customer preferences, market requirements, key drivers and challenges for your business to align your strategies with them. The comprehensive overview of the market provided will allow you to make insight-driven decisions giving you an upper hand in the competitive landscape.
Contact Us:Aarkstore Enterprise
+91 9987295242 | contact@aarkstore.com | www.aarkstore.com
The global bus market is projected to reach $ 69 billion by 2025, on the back of rising demand for transportation from a growing population, especially in the urban areas, across the globe. Major factors responsible for the rising sales of buses include improvements in infrastructure in various large developing countries and increasing population.
To Get a Free Sample Report, Kindly Contact Us On: contact@aarkstore.com
The global bus market is segmented based on application, bus length, seating capacity, fuel type, built type, and region. Based on built type, the market can be bifurcated into fully built and customized, of which the latter is expected to grow at a faster pace as a rising number of customers are preferring such vehicles. Based on bus length, the market can be fragmented into 6-8m, 9-12m and above 12m. The 9-12m segment acquires the highest share, globally, due to increasing population, worsening traffic congestion and rising focus on public transportation.
The major player operating in the global bus market include Zhenzhou Yutong Group, Volvo, Scania, TATA Motors Limited, Isuzu, Hino Motors, MAN, Marcopolo SA, Daimler AG, Iveco, Ashok Leyland, and others. Most of the companies are developing buses with new advanced technologies and alternative fuel technology such as electric in order to stay strong in the global bus market. Many companies are making huge investments in research & development and entering into joint ventures with other companies in order to expand the market share in the global market.
Years considered for this report:
Historical Years: 2015-2018
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2021-2025
The objective of the Study:
- To analyze and forecast the global bus market size.
- To classify and forecast the global bus market based on seating capacity, battery type, application, bus length, company, and regional distribution.
- To identify drivers and challenges for the global bus market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the global bus market.
- To conduct a pricing analysis for the global bus market.
- To identify and analyze the profile of leading players operating in the global bus market.
It calculated the global bus market size by using a bottom-up approach, where data for various end-user segments were recorded and forecast for the future years. It sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations, and financial reports were also studied by It.
Key Target Audience:
- Bus manufacturers, suppliers, distributors, and other stakeholders
- Government bodies such as regulating authorities and policymakers
- Organizations, forums and alliances related to the bus market
- Market research and consulting firms
Report Scope:
In this report, the global bus market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Market, by Application:
- Transit bus
- School Bus
- Motor Coaches
- 6 to 8m
- 9 to 12m
- Above 12m
- Up to 30-Seater
- 31-40-Seater
- Above 40
- Diesel
- Petrol/Gasoline
- CNG
- Electric & Hybrid
- Fully Built
- Customizable
Asia-Pacific
- China
- India
- Indonesia
- Vietnam
- Bangladesh
- Japan
- Malaysia
- Thailand
- United Kingdom
- Germany
- France
- Russia
- Czech Republic
- Poland
- Turkey
- Romania
- United States
- Canada
- Mexico
- Brazil
- Colombia
- Argentina
- Peru
- Chile
- Venezuela
- UAE
- Saudi Arabia
- Qatar
- Israel
- Yemen
- Iran
- Iraq
- Nigeria
- Ethiopia
- Egypt
- South Africa
- Tanzania
- Congo
- Algeria
- Morocco
Company Profiles: Detailed analysis of the major companies present in the global bus market.
Available Customizations:
With the given market data, It offers customizations according to a company’s specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
View Full Market Research Reports on Market: https://www.aarkstore.com/automotive/1799749/global-bus-market-by-application-forecast-and-opportunities
About Aarkstore Enterprise
Aarkstore curates Global market research reports from various industry verticals and serves businesses worldwide. As market research report resellers, we at Aarkstore, partner with established publishers for both; syndicated data and customized reports. The market research data supplied by us is up-to-date and reliable for current day industry analysis and future market forecasts equally.
Avail Market Research Reports from us and gathers critical information about customer preferences, market requirements, key drivers and challenges for your business to align your strategies with them. The comprehensive overview of the market provided will allow you to make insight-driven decisions giving you an upper hand in the competitive landscape.
Contact Us:Aarkstore Enterprise
+91 9987295242 | contact@aarkstore.com | www.aarkstore.com
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