The global Bus market size was valued at US$ 61550 million in 2023. With growing demand in downstream market, the Bus is forecast to a readjusted size of US$ 96200 million by 2030 with a CAGR of 6.6% during review period.
The research report highlights the growth potential of the global Bus market. Bus are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Bus. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Bus market.
A听bus听is a road vehicle designed to carry many passengers.
The development trend of the global bus market is affected by various factors, including urbanization, environmental awareness, technological innovation and transportation needs. Here are some of the key trends in the global bus market:
1. Electric buses and hybrid buses: With the increasing awareness of environmental protection, many cities and countries encourage the use of electric buses and hybrid buses to reduce exhaust emissions and reduce dependence on fossil fuels. This trend is expected to continue to grow, while improvements in battery technology will also increase the range of electric buses.
2. Autonomous driving technology: Autonomous driving technology also has the potential to be widely used in the bus field, which can improve traffic efficiency, reduce traffic accidents, and provide more travel options. The development and deployment of autonomous buses has already begun and may become a major trend in the future.
3. Connectivity and intelligent traffic management: The application of the Internet and smart technology will make buses more intelligent, including real-time positioning, vehicle control, ticket management and passenger information systems. This will improve operational efficiency and passenger experience.
4. Growth in emerging markets: In some emerging markets, such as China, India and Brazil, the bus market is growing rapidly as the urban population in these countries continues to increase and the demand for public transportation is also increasing.
5. Comfort and accessibility: Bus manufacturers and operators are working to improve the comfort and accessibility of buses to attract more passengers and increase user satisfaction. This could include more spacious interiors, accessibility and more seating options.
Overall, the global bus market is developing in a more environmentally friendly, intelligent, comfortable and sustainable direction. These trends will continue to impact the bus industry in the coming years and will also be influenced by factors such as urban planning, government policy and technological innovation.
Key Features:
The report on Bus market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Bus market. It may include historical data, market segmentation by Type (e.g., Fuel Vehicle, New Energy Vehicles), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Bus market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Bus market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Bus industry. This include advancements in Bus technology, Bus new entrants, Bus new investment, and other innovations that are shaping the future of Bus.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Bus market. It includes factors influencing customer ' purchasing decisions, preferences for Bus product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Bus market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Bus market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Bus market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Bus industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Bus market.
Market Segmentation:
Bus market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
Fuel Vehicle
New Energy Vehicles
Segmentation by application
Tour Bus
School Bus
Public Transportation Bus
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Optare
Volvo
Alexander Dennis
Proterra
Tata Motors Limited
NFI Group In
Ashok Leyland
Gillig
VDL BUS & COACH BV
New Flyer
Scania
TEMSA
Solaris Bus & Coach
Zhongtong Bus
Yutong Bus
King Long
BYD
Guangtong
Anhui Ankai Automobile
Guangtong
Key Questions Addressed in this Report
What is the 10-year outlook for the global Bus market?
What factors are driving Bus market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Bus market opportunities vary by end market size?
How does Bus break out type, application?
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Bus Annual Sales 2019-2030
2.1.2 World Current & Future Analysis for Bus by Geographic Region, 2019, 2023 & 2030
2.1.3 World Current & Future Analysis for Bus by Country/Region, 2019, 2023 & 2030
2.2 Bus Segment by Type
2.2.1 Fuel Vehicle
2.2.2 New Energy Vehicles
2.3 Bus Sales by Type
2.3.1 Global Bus Sales Market Share by Type (2019-2024)
2.3.2 Global Bus Revenue and Market Share by Type (2019-2024)
2.3.3 Global Bus Sale Price by Type (2019-2024)
2.4 Bus Segment by Application
2.4.1 Tour Bus
2.4.2 School Bus
2.4.3 Public Transportation Bus
2.4.4 Other
2.5 Bus Sales by Application
2.5.1 Global Bus Sale Market Share by Application (2019-2024)
2.5.2 Global Bus Revenue and Market Share by Application (2019-2024)
2.5.3 Global Bus Sale Price by Application (2019-2024)
3 Global Bus by Company
3.1 Global Bus Breakdown Data by Company
3.1.1 Global Bus Annual Sales by Company (2019-2024)
3.1.2 Global Bus Sales Market Share by Company (2019-2024)
3.2 Global Bus Annual Revenue by Company (2019-2024)
3.2.1 Global Bus Revenue by Company (2019-2024)
3.2.2 Global Bus Revenue Market Share by Company (2019-2024)
3.3 Global Bus Sale Price by Company
3.4 Key Manufacturers Bus Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Bus Product Location Distribution
3.4.2 Players Bus Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2019-2024)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 World Historic Review for Bus by Geographic Region
4.1 World Historic Bus Market Size by Geographic Region (2019-2024)
4.1.1 Global Bus Annual Sales by Geographic Region (2019-2024)
4.1.2 Global Bus Annual Revenue by Geographic Region (2019-2024)
4.2 World Historic Bus Market Size by Country/Region (2019-2024)
4.2.1 Global Bus Annual Sales by Country/Region (2019-2024)
4.2.2 Global Bus Annual Revenue by Country/Region (2019-2024)
4.3 Americas Bus Sales Growth
4.4 APAC Bus Sales Growth
4.5 Europe Bus Sales Growth
4.6 Middle East & Africa Bus Sales Growth
5 Americas
5.1 Americas Bus Sales by Country
5.1.1 Americas Bus Sales by Country (2019-2024)
5.1.2 Americas Bus Revenue by Country (2019-2024)
5.2 Americas Bus Sales by Type
5.3 Americas Bus Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Bus Sales by Region
6.1.1 APAC Bus Sales by Region (2019-2024)
6.1.2 APAC Bus Revenue by Region (2019-2024)
6.2 APAC Bus Sales by Type
6.3 APAC Bus Sales by Application
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Bus by Country
7.1.1 Europe Bus Sales by Country (2019-2024)
7.1.2 Europe Bus Revenue by Country (2019-2024)
7.2 Europe Bus Sales by Type
7.3 Europe Bus Sales by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Bus by Country
8.1.1 Middle East & Africa Bus Sales by Country (2019-2024)
8.1.2 Middle East & Africa Bus Revenue by Country (2019-2024)
8.2 Middle East & Africa Bus Sales by Type
8.3 Middle East & Africa Bus Sales by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Bus
10.3 Manufacturing Process Analysis of Bus
10.4 Industry Chain Structure of Bus
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Bus Distributors
11.3 Bus Customer
12 World Forecast Review for Bus by Geographic Region
12.1 Global Bus Market Size Forecast by Region
12.1.1 Global Bus Forecast by Region (2025-2030)
12.1.2 Global Bus Annual Revenue Forecast by Region (2025-2030)
12.2 Americas Forecast by Country
12.3 APAC Forecast by Region
12.4 Europe Forecast by Country
12.5 Middle East & Africa Forecast by Country
12.6 Global Bus Forecast by Type
12.7 Global Bus Forecast by Application
13 Key Players Analysis
13.1 Optare
13.1.1 Optare Company Information
13.1.2 Optare Bus Product Portfolios and Specifications
13.1.3 Optare Bus Sales, Revenue, Price and Gross Margin (2019-2024)
13.1.4 Optare Main Business Overview
13.1.5 Optare Latest Developments
13.2 Volvo
13.2.1 Volvo Company Information
13.2.2 Volvo Bus Product Portfolios and Specifications
13.2.3 Volvo Bus Sales, Revenue, Price and Gross Margin (2019-2024)
13.2.4 Volvo Main Business Overview
13.2.5 Volvo Latest Developments
13.3 Alexander Dennis
13.3.1 Alexander Dennis Company Information
13.3.2 Alexander Dennis Bus Product Portfolios and Specifications
13.3.3 Alexander Dennis Bus Sales, Revenue, Price and Gross Margin (2019-2024)
13.3.4 Alexander Dennis Main Business Overview
13.3.5 Alexander Dennis Latest Developments
13.4 Proterra
13.4.1 Proterra Company Information
13.4.2 Proterra Bus Product Portfolios and Specifications
13.4.3 Proterra Bus Sales, Revenue, Price and Gross Margin (2019-2024)
13.4.4 Proterra Main Business Overview
13.4.5 Proterra Latest Developments
13.5 Tata Motors Limited
13.5.1 Tata Motors Limited Company Information
13.5.2 Tata Motors Limited Bus Product Portfolios and Specifications
13.5.3 Tata Motors Limited Bus Sales, Revenue, Price and Gross Margin (2019-2024)
13.5.4 Tata Motors Limited Main Business Overview
13.5.5 Tata Motors Limited Latest Developments
13.6 NFI Group In
13.6.1 NFI Group In Company Information
13.6.2 NFI Group In Bus Product Portfolios and Specifications
13.6.3 NFI Group In Bus Sales, Revenue, Price and Gross Margin (2019-2024)
13.6.4 NFI Group In Main Business Overview
13.6.5 NFI Group In Latest Developments
13.7 Ashok Leyland
13.7.1 Ashok Leyland Company Information
13.7.2 Ashok Leyland Bus Product Portfolios and Specifications
13.7.3 Ashok Leyland Bus Sales, Revenue, Price and Gross Margin (2019-2024)
13.7.4 Ashok Leyland Main Business Overview
13.7.5 Ashok Leyland Latest Developments
13.8 Gillig
13.8.1 Gillig Company Information
13.8.2 Gillig Bus Product Portfolios and Specifications
13.8.3 Gillig Bus Sales, Revenue, Price and Gross Margin (2019-2024)
13.8.4 Gillig Main Business Overview
13.8.5 Gillig Latest Developments
13.9 VDL BUS & COACH BV
13.9.1 VDL BUS & COACH BV Company Information
13.9.2 VDL BUS & COACH BV Bus Product Portfolios and Specifications
13.9.3 VDL BUS & COACH BV Bus Sales, Revenue, Price and Gross Margin (2019-2024)
13.9.4 VDL BUS & COACH BV Main Business Overview
13.9.5 VDL BUS & COACH BV Latest Developments
13.10 New Flyer
13.10.1 New Flyer Company Information
13.10.2 New Flyer Bus Product Portfolios and Specifications
13.10.3 New Flyer Bus Sales, Revenue, Price and Gross Margin (2019-2024)
13.10.4 New Flyer Main Business Overview
13.10.5 New Flyer Latest Developments
13.11 Scania
13.11.1 Scania Company Information
13.11.2 Scania Bus Product Portfolios and Specifications
13.11.3 Scania Bus Sales, Revenue, Price and Gross Margin (2019-2024)
13.11.4 Scania Main Business Overview
13.11.5 Scania Latest Developments
13.12 TEMSA
13.12.1 TEMSA Company Information
13.12.2 TEMSA Bus Product Portfolios and Specifications
13.12.3 TEMSA Bus Sales, Revenue, Price and Gross Margin (2019-2024)
13.12.4 TEMSA Main Business Overview
13.12.5 TEMSA Latest Developments
13.13 Solaris Bus & Coach
13.13.1 Solaris Bus & Coach Company Information
13.13.2 Solaris Bus & Coach Bus Product Portfolios and Specifications
13.13.3 Solaris Bus & Coach Bus Sales, Revenue, Price and Gross Margin (2019-2024)
13.13.4 Solaris Bus & Coach Main Business Overview
13.13.5 Solaris Bus & Coach Latest Developments
13.14 Zhongtong Bus
13.14.1 Zhongtong Bus Company Information
13.14.2 Zhongtong Bus Bus Product Portfolios and Specifications
13.14.3 Zhongtong Bus Bus Sales, Revenue, Price and Gross Margin (2019-2024)
13.14.4 Zhongtong Bus Main Business Overview
13.14.5 Zhongtong Bus Latest Developments
13.15 Yutong Bus
13.15.1 Yutong Bus Company Information
13.15.2 Yutong Bus Bus Product Portfolios and Specifications
13.15.3 Yutong Bus Bus Sales, Revenue, Price and Gross Margin (2019-2024)
13.15.4 Yutong Bus Main Business Overview
13.15.5 Yutong Bus Latest Developments
13.16 King Long
13.16.1 King Long Company Information
13.16.2 King Long Bus Product Portfolios and Specifications
13.16.3 King Long Bus Sales, Revenue, Price and Gross Margin (2019-2024)
13.16.4 King Long Main Business Overview
13.16.5 King Long Latest Developments
13.17 BYD
13.17.1 BYD Company Information
13.17.2 BYD Bus Product Portfolios and Specifications
13.17.3 BYD Bus Sales, Revenue, Price and Gross Margin (2019-2024)
13.17.4 BYD Main Business Overview
13.17.5 BYD Latest Developments
13.18 Guangtong
13.18.1 Guangtong Company Information
13.18.2 Guangtong Bus Product Portfolios and Specifications
13.18.3 Guangtong Bus Sales, Revenue, Price and Gross Margin (2019-2024)
13.18.4 Guangtong Main Business Overview
13.18.5 Guangtong Latest Developments
13.19 Anhui Ankai Automobile
13.19.1 Anhui Ankai Automobile Company Information
13.19.2 Anhui Ankai Automobile Bus Product Portfolios and Specifications
13.19.3 Anhui Ankai Automobile Bus Sales, Revenue, Price and Gross Margin (2019-2024)
13.19.4 Anhui Ankai Automobile Main Business Overview
13.19.5 Anhui Ankai Automobile Latest Developments
13.20 Guangtong
13.20.1 Guangtong Company Information
13.20.2 Guangtong Bus Product Portfolios and Specifications
13.20.3 Guangtong Bus Sales, Revenue, Price and Gross Margin (2019-2024)
13.20.4 Guangtong Main Business Overview
13.20.5 Guangtong Latest Developments
14 Research Findings and Conclusion
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*If Applicable.