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.
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The global Buses and Coaches market is valued at xx million US$ in 2018 is expected to 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 focuses on several key regions: North America, Europe, China and Japan.At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
- Xiamen King Long United Automotive Industry
- Ashok Leyland
- Eicher Motors Limited
- Higer Bus
- Hyundai Motor Company
- TATA Motors
- VDL Bus and Coach
- Zhongtong Bus
Segment by Regions
- North America
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Segment by Type
- Hybrid Buses
- Electric Buses
- Ethanol Buses
Segment by Application
- Scheduled Bus Transport
- Scheduled Coach Transport
- School Transport
- Private Hire
Table of Contents
1 Buses and Coaches Market Overview
2 Global Buses and Coaches Market Competition by Manufacturers
3 Global Buses and Coaches Production Market Share by Regions
4 Global Buses and Coaches Consumption by Regions
5 Global Buses and Coaches Production, Revenue, Price Trend by Type
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Mr. Jeet Jain