Global Bus Market by Fuel Type (Diesel & CNG), by body type (Fully Built & Customizable), by seating type, and By Geography (North America, Latin America, Asia-Pacific and Europe)

According to Goldstein Research, expansion of the urban population and the growth in the number and size of the private transportation companies have significantly driven the growth of bus market. Further, different governments are investing the huge amount in the public sector to reduce the number of the private vehicles so there is less pollution and the air quality can be improved. Global bus market outlook also includes new business models, product developments and capital investment as the key strategies adopted by the major players for a significant expansion of business in developed and as well as in developing countries across the globe. Based on geography, Asia Pacific dominated the global bus market with the market share of 51.2% in 2016 owing to increasing demand from growing population and worsening traffic congestion situation.

Market Segmentation

On the basis of our in-depth analysis, global bus market can be segmented as follows:

  • By Fuel Type
    • Diesel
    • Petrol/Gasoline
    • CNG
    • Electric & Hybrid
  • By Body Type
    • Fully Built
    • Customizable
  • By Seating Type
    • 15-30
    • 30-40
    • 40-50
    • Above 50
  • By Geography
    • North America (US, Canada) {Market Share (%), Market Size (USD Billion)}
    • Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion)}
    • Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion)}
    • Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion)}
    • Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion)}


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Global Bus Market Analysis, Outlook & Challenges

Global Bus Market Outlook 2024contains a detailed overview of the global bus market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by fuel, body, and by seating.

Further, for the in-depth analysis, Global Bus Market Analysis encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive intelligence & outlook of some of the major players profiling of companies such as Anhui Ankai Automobile Company, Ashok Leyland Limited, Daimler AG, GAZ OAO, Gillig Corporation, Hino Motors, etc.

The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services, and industries catered, financial analysis of the company and recent developments. Overall, the report represents the global bus market trends along with a market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.

About Goldstein Research

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