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.
The global Buses and Coaches market was valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Buses and Coaches volume and value at global level, regional level and company level. From a global perspective, this report represents overall Buses and Coaches market size by analyzing historical data and future prospect.
Regionally, this report categorizes the production, apparent consumption, export and import of Buses and Coaches in North America, Europe, China, Japan, Southeast Asia and India.
For each manufacturer covered, this report analyzes their Buses and Coaches manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.
The following manufacturers 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
Segment by Regions
North America
Europe
China
Japan
Southeast Asia
India
Segment by Type
Diesel
Hybrid Buses
Electric Buses
Ethanol Buses
Segment by Application
Scheduled Bus Transport
Scheduled Coach Transport
School Transport
Private Hire
Tourism
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 Buses and Coaches Market Professional Survey Report 2019. It is complete Research Study and Industry Analysis of Buses and Coaches market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.