A bus is a road vehicle designed to carry many passengers. Buses can have a capacity as high as 300 passengers. The most common type of bus is the single-deck rigid bus, with larger loads carried by double-decker and articulated buses, and smaller loads carried by midibuses and minibuses; coaches are used for longer-distance services. Many types of buses, such as city transit buses and inter-city coaches, charge a fare. Other types, such as elementary or secondary school buses or shuttle buses within a post-secondary education campus do not charge a fare.
The increase in air pollution due to the rise in emission levels from vehicles has led to an increase in the global initiatives to reduce the emission level of greenhouse gases (GHG) into the atmosphere. Moreover, the transport sector contributes to about 32% of the overall GHG emission into the atmosphere. The buses and coaches that work on conventional fuel, such as diesel/gasoline, releases a large amount of GHGs after the combustion process. This has resulted in various regulations set by many regulatory bodies leading to design and development of various buses and coaches that operate on substitute fuels to cut down exhaust emission. The electric buses, hybrid buses, CNG/LNG buses, and solar buses have lesser exhaust emissions compared with the buses and coaches powered by diesel, and the emissions fall within required limit set by the regulatory bodies. This rise in government measures to limit emission levels will drive the market growth during the forecast period.
APAC is expected to be the major revenue contributor to the buses and coaches market throughout the forecast period. Rising population in various regions such as China, India, and South Korea, cheap fares, and increasing energy conservation efforts will drive the growth of the buses and coaches market in the region.
In 2019, the market size of Buses and Coaches is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Buses and Coaches.
This report studies the global market size of Buses and Coaches, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Buses and Coaches production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Daimler
MAN
Scania
Volvo
Xiamen King Long United Automotive Industry
YUTONG
ANKAI
Ashok Leyland
Eicher Motors Limited
Higer Bus
Hyundai Motor Company
IVECO
TATA Motors
VDL Bus & Coach
Zhongtong Bus
Market Segment by Product Type
Diesel
Hybrid Buses
Electric Buses
Ethanol Buses
Market Segment by Application
Scheduled Bus Transport
Scheduled Coach Transport
School Transport
Private Hire
Tourism
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Buses and Coaches status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Buses and Coaches manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Buses and Coaches are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Buses and Coaches. Industry analysis & Market Report on Buses and Coaches is a syndicated market report, published as Global (United States, European Union and China) Buses and Coaches Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Buses and Coaches market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.