[214+ Pages Report] Global Bus Market size & share was valued at around USD 42.15 billion in 2021and is estimated to grow about USD 61.41 billion by 2028, at a CAGR of approximately 6.08% between 2022 and 2028. The key market players are listed in the report with their sales, revenues and strategies are AB Volvo, Anhui Ankai Automobile Co. Ltd., Ashok Leyland (Hinduja Group), BYD Company Ltd., IVECO S.p.A, Mercedes-Benz Group AG, NFI Group, Suzhou Eagle Electric Vehicle Manufacturing Co. Ltd., Tata Motors Limited, Traton Group (Volkswagen AG), and Others.
TOKYO, JAPAN, Aug. 02, 2022 (GLOBE NEWSWIRE) -- According toFacts and Factors has published a new research report titled “Bus Market By Application (Transit, Motor Coaches, School Buses, Others), By Type (Single Decker, Double Decker, Articulated Bus), By Fuel Type (Diesel, Petrol, Electric, CNG, Bio-fuel, Others), By Seating Capacity (15-30 Seats,31-55 Seats, More Than 55 Seats), By Body Built (Fully Built, Customizable), and By Region - Global Industry Insights, Growth, Size, Share, Comparative Analysis, Trends and Forecast 2022 – 2028” in its research database.
“According to the latest research study, the demand of global Bus Market size & share in terms of revenue was valued at USD 42.15 billion in 2021 and it is expected to surpass around USD 61.41 billion mark, by 2028, growing at a compound annual growth rate (CAGR) of about 6.08% during the forecast period 2022 to 2028.”
What isBus? How big is the Bus Industry?
A bus is a big, motorized vehicle that takes people around a city or to places outside of it on a set route and schedule. It is one of the most popular ways to get around in public around the world because it reduces air pollution, uses less fuel to move people, and doesn't require much money to set up new lines or routes.
But even though E-buses are good for the environment and don't need much maintenance. The cost to buy one of these vehicles is higher than that of a regular bus, though. This is one of the main reasons why many governments and administrations don't use e-buses for public transportation.
Get a Free Sample PDF of this Research Report for more Insights with a Table of Content, Research Methodology, and Graphs - https://www.fnfresearch.com/sample/bus-market
(A free sample of this report is available upon request; please contact us for more information.)
Our Free Sample Report Consists of the Following:
Introduction, Overview, and in-depth industry analysis are all included in the 2022 updated report.
The COVID-19 Pandemic Outbreak Impact Analysis is included in the package
About 214+ Pages Research Report (Including Recent Research)
Provide detailed chapter-by-chapter guidance on Request
Updated Regional Analysis with Graphical Representation of Size, Share, and Trends for the Year 2022
Includes Tables and figures have been updated
The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis
Facts and Factors research methodology
(Please note that the sample of this report has been modified to include the COVID-19 impact study prior to delivery.)
AB Volvo, Anhui Ankai Automobile Co. Ltd., Ashok Leyland (Hinduja Group), BYD Company Ltd., IVECO S.p.A, Mercedes-Benz Group AG, NFI Group, Solaris Bus & Coach sp. z o.o. (Construcciones y Auxiliar de Ferrocarriles S.A.), Suzhou Eagle Electric Vehicle Manufacturing Co. Ltd., Tata Motors Limited, Traton Group (Volkswagen AG), Xiamen King Long United Automotive Industry Co. Ltd., Zhengzhou Yutong Bus Co. Ltd., and Others
By Application, Type, Fuel Type, Seating Capacity, Body Built, and Region
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa
Request customized purchase options to meet your research needs. Explore purchase options
Global Bus Market: Growth Factors
People are increasingly using public transportation as a result of growing environmental concerns. This is one of the most important reasons for boosting industry expansion. Additionally, buses assist persons in social inclusion and access to advantages such as education, work, and healthcare. They are also utilized for product advertising as well as political and public awareness campaigns. Moreover, since buses are driven by expert drivers, they have a lower accident rate than other types of vehicles. This, along with the implementation of smart traffic light (STL) management systems to alleviate road congestion, is propelling the industry. Aside from that, important firms are concentrating on strategic developments and mergers and acquisitions (M&A) to broaden their regional reach.
Furthermore, governments in a number of countries are pushing the usage of electric buses in order to minimize greenhouse gas emissions, which are favorably influencing the market. Other factors promoting market expansion include discounted travel bus passes, expanding automation in the transportation business, rapid urbanization, and the increasing use of big data to optimize routes, vehicle dispatch, and scheduling.
Browse the full “Bus Market - Global Industry Insights, Growth, Size, Share, Comparative Analysis, Trends and Forecast 2022 – 2028” Report at https://www.fnfresearch.com/bus-market
Bus Market: COVID-19 Impact Analysis
As a consequence of the COVID-19 epidemic, there was a decline in the global demand for buses. The epidemic, which caused lockdowns in most regions of the world, had a tremendous influence on transportation because of the disruptions that it caused. In addition, the production of the buses was impeded because businesses were going out of business and there was a shortage of workers. People are increasingly avoiding riding public transit out of fear that the COVID-19 virus will spread further. People who own their own cars are more likely to use them regularly, whereas those who once relied on public transportation may switch to using alternative modes of mobility such as walking or biking instead.
Since the beginning of the epidemic, there has been a shift away from relying on public transportation, particularly buses, and toward the use of privately owned automobiles, walking, and biking instead. As a direct consequence of this, the demand for buses is currently quite low. It is anticipated that the declining demand for the utilization of public buses will continue for at least a couple of more years, which will have a negative impact on the global bus business.
The global bus market is segregated based on Application, Type, Fuel type, Seating Capacity, and Body Built.
In terms of Type, rising demand for Double-Decker Buses for long-distance travel to support market growth. In certain locations, the rising demand for branded buses for long-distance journeys is boosting the market growth. With the rise of the middle class, there is a greater desire for comfortable travel, which is increasing the usage of intercity buses. In the aftermath of the COVID-19 outbreak, demand for double-decker buses that may provide greater safety and cleanliness is increasing, providing additional impetus to the industry's expansion. The introduction of consumer-oriented services and solutions to improve public transit and mobility services is raising demand for buses, driving the market growth. Furthermore, increased demand for buses equipped with contactless payment systems, particularly in the aftermath of the COVID-19 outbreak, is boosting industry growth.
In terms of Fuel, the growing popularity of Electric Buses supports market growth. The growing popularity of electric buses is contributing considerably to industry growth. Due to the different steps implemented by governments to reduce pollution levels. Furthermore, the region's widespread availability of charging stations is spurring the deployment of electric buses, bolstering industry growth. Furthermore, the growing need for environmentally friendly and energy-efficient public transportation is propelling the bus sector forward. The electrification of public transportation in different nations is also causing a boom in demand for electric buses, increasing the bus industry's total growth.
Directly Purchase a copy of the report with TOC @ https://www.fnfresearch.com/buynow/su/bus-market
The report contains qualitative and quantitative research on the global Bus Market, as well as detailed insights and development strategies employed by the leading competitors. The report also provides an in-depth analysis of the market's main competitors, as well as information on their competitiveness. The research also identifies and analyses important business strategies used by these main market players, such as mergers and acquisitions (M&A), affiliations, collaborations, and contracts. The study examines, among other things, each company's global presence, competitors, service offers, and standards.
Some of the main competitors dominating the global Bus market include -
Anhui Ankai Automobile Co. Ltd.
Solaris Bus & Coach sp. z o.o. (Construccionesy Auxiliar de Ferrocarriles S.A.)
Suzhou Eagle Electric Vehicle Manufacturing Co. Ltd.
Xiamen King Long United Automotive Industry Co. Ltd.
Zhengzhou Yutong Bus Co. Ltd.
Key Insights from Primary Research:
As per the analysis shared by our research analyst, the Bus market is estimated to grow annually at a CAGR of around 6.08% over the forecast period (2022-2028).
In Terms Of Revenue, the Bus market size was valued at around USD 42.15 billion in 2021 and is projected to reach USD 61.41 billion, by 2028. Due to a variety of driving factors, the market is predicted to rise at a significant rate.
Based on type segmentation, Transit Bus segment holds a significant share. The market's growth can be attributed to the growing requirement for transportation and urban population.
By fuel type, the diesel segment is projected to have the leading market share, during the forecast period.
On the basis of geography, The Asia Pacific region is anticipated to maintain a significant part over the projected timeframe.
Have Any Query? Ask Our Experts: https://www.fnfresearch.com/inquiry/bus-market
Key questions answered in this report:
What is the market size and growth rate forecast for Bus industry?
What are the main driving factors propelling the Bus Market forward?
What are the leading companies in the Bus Industry?
What segments does the Bus Market cover?
How can I receive a free copy of the Bus Market sample report and company profiles?
Due to rising demand and population, the APAC region dominates the industry with a major market share. Top Chinese businesses have concentrated their efforts on seizing transit growth, and the market has grown as a result. APAC countries with fast-rising populations, such as China and India, are likely to rise further throughout the forecast period. This, in turn, will boost the need for public transportation, particularly double-decker and articulated buses. In addition, increased demand for services to create a healthy environment, thereby driving bus replacement and modernization.
Request for Customization on this Report as per your requirements - https://www.fnfresearch.com/customization/bus-market
(We tailor your report to meet your specific research requirements. Inquire with our sales team about customising your report.)
The global Bus market is segmented as follows:
By Fuel Type Segment Analysis
By Seating Capacity Segment Analysis
By Body Built Segment Analysis
The Middle East & Africa
Rest of the Middle East & Africa
Request For Free Sample Report of the Global Bus Market @ https://www.fnfresearch.com/sample/bus-market
Market Size & Forecast by Revenue | 2022−2028
Market Dynamics – Leading Trends, Growth Drivers, Restraints, and Investment Opportunities
Market Segmentation – A detailed analysis by Application, Type, Fuel Type, Seating Capacity, Body Built, and Region
Competitive Landscape – Top Key Vendors and Other Prominent Vendors
Browse Other Related Research Reports from Facts & Factors:
Automotive Parts Die Casting (Aluminum, Magnesium, and Zinc) Market | Size, Share, and Forecast 2022-2028
Global Car Care Products Market | Size, Share, Analysis, and Insights 2022-2028
Global Minibus Market | Size, Share, Trends, Demand, and Market Cap 2022-2028
Global Electric Bus Market | Size, Share, Growth Rate, Trends, and Manufacturers 2022-2028
Automotive Blockchain Market | Size, Share, Growth Analysis Report By Application 2022-2028
Automotive Power Liftgate Market | Size, Analysis, Technology, and Forecast 2022-2028
Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds.
Our client’s/customer’s conviction on our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.
Follow Us on LinkedIn: https://www.linkedin.com/company/fnfresearch
Follow Us on Twitter: https://twitter.com/fnfresearch
Follow Us on Facebook: https://www.facebook.com/factsandfactors/
Web: https://www.fnfresearch.com
The super investor still sees opportunities ahead.
Costco has famously been a good place to work. Costco has more than 13,000 ratings on the website, with 80% of employees recommending working at Costco. Over 2254 reviews even stated that they "love Costco because they provide you with a living wage and great benefits even working part time."
As a Chinese success story, Alibaba is unrivalled. As its founder, Jack Ma soared in power and prestige, acquiring a global reputation that spread alongside the company’s growth into a global e-commerce giant.
Advanced Micro Devices continues to deliver strong financial results, which could lead to blockbuster gains in its stock price.
(Bloomberg) -- Warren Buffett’s Berkshire Hathaway Inc. is following an age-old adage: Buy the dip.Most Read from BloombergR Kelly Has $28,000 in His Prison-Inmate Account. Prosecutors Want to Seize ItBuffett’s Berkshire Pounces on Market Slump to Buy EquitiesTax Bill Latest: GOP Private Equity Carveout Amendment ApprovedWinners and Losers in Democrats’ Signature Tax and Energy BillUS Inflation Peak in Sight But Debate Rages Over What Comes NextThe conglomerate was a net buyer of equities in the
After July’s exceptional surge, the markets steadied during early August with the S&P 500 up by a third of a precent over the past week. Now investors will be keen to find out if the rally has legs. Stifel's chief equity strategist Barry Bannister thinks it does and believes the S&P 500 is on course to reach 4,400 during the year’s second half, explaining that the sell-off in 1H22 is “still being reversed.” The strategist also thinks the S&P 500’s “equity risk premium” now suggests a mid-point p
Berkshire Hathaway Inc said on Saturday that Vice Chairman Greg Abel, who is next in line to succeed billionaire Warren Buffett as chief executive, sold his 1% stake in the company's Berkshire Hathaway Energy unit for $870 million. In its quarterly report, Berkshire said the energy unit bought out Abel in June under an agreement among them and the family of the late billionaire philanthropist Walter Scott, which owns an 8% stake. Buffett's Omaha, Nebraska-based conglomerate took a $362 million charge to capital, reflecting the premium over how much the stake's value was reflected on its books.
The market rally showed resilience after Friday's jobs report. Apple, Tesla and these 5 chip stocks could use this.
The Apple (AAPL) empire might be spearheaded by its flagship product, the iPhone, but along with plenty of other hardware offerings, its Services segment has been growing at a fast pace. There’s also talk of a “game changing” AV/VR headset and even of an Apple Car at some point. But Needham analyst Laura Martin thinks there’s also the prospect of another big revenue stream. “We believe AAPL is in the early stages of building a new mobile advertising platform,” says Martin, who thinks ad revenue
Warren Buffett's company reported a $43.76 billion loss in the second quarter as the paper value of its investments plummeted and he bought significantly fewer stocks, but Berkshire Hathaway's many operating companies generally performed well.
A recession? Don’t tell that to the stock market. The major averages ended positive for the week. That came after the best month for the S&P 500 since November 2020.
Using technical analysis of the charts of those stocks, and, when appropriate, recent actions and grades from TheStreet's Quant Ratings, we zero in on three names. While we will not be weighing in with fundamental analysis, we hope this piece will give investors interested in stocks on the way down a good starting point to do further homework on the names. Garmin Ltd. recently was downgraded to Hold with a C+ rating by TheStreet's Quant Ratings.
Stock splits have been hot lately as some top companies have decided that dividing up their stocks into smaller portions will benefit the companies and their shareholders. Whether stock splits are advantageous to anyone is debatable, but historically, splitting the stock into smaller portions at cheaper prices does tend to achieve at least an initial jump in the price. Amazon (NASDAQ: AMZN) and Shopify (NYSE: SHOP) both split their stocks in June, and both stocks are up around 10% since their respective stock splits as of this writing.
(Bloomberg) -- European stocks gained on Monday and US equity futures climbed as investors assessed prospects of aggressive Federal Reserve interest-rate hikes against a reassuring earnings season.Most Read from BloombergR Kelly Has $28,000 in His Prison-Inmate Account. Prosecutors Want to Seize ItBuffett’s Berkshire Pounces on Market Slump to Buy EquitiesTax Bill Latest: GOP Private Equity Carveout Amendment ApprovedWinners and Losers in Democrats’ Signature Tax and Energy BillUS Inflation Peak
Since touching their respective closing highs between mid-November and the first week of January, the iconic Dow Jones Industrial Average, widely tracked S&P 500, and growth-dependent Nasdaq Composite have plunged as much as 19%, 24%, and 34%. While the Dow came within a bad day of ending in bear market territory, the S&P 500 and Nasdaq were firmly entrenched there. If there's a silver lining to the worst first-half to a year for the S&P 500 since 1970, it's that bargains abound for patient investors.
(Reuters) -Private equity firm Carlyle Group Inc said on Sunday Chief Executive Kewsong Lee, 56, has stepped down with immediate effect months before the scheduled end of his five-year contract. Carlyle said in a statement it and Lee mutually agreed his contract which was due to finish at the end of 2022 would not be renewed, without disclosing their reasons. The firm, which reported earnings two weeks ago without flagging potential leadership changes, said Lee had also stepped down as a board member.
Amazon (NASDAQ: AMZN) just had a great quarter, and its stock is rising as a result. Amazon's growth rate is slowing. The core retail business continues to face a number of headwinds right now, including rampant inflation, energy costs that remain historically high, elevated transportation costs, and rising labor costs.
These stocks could be value opportunities
"With our manufacturing capacity nearing saturation, this acquisition is timely and a win-win for all stakeholders," Tata Motors said in a statement. Ford had less than 2% of the Indian passenger vehicle market when it stopped production in the country last year, having struggled for more than two decades to generate profits.
In this article we are going to review the 10 best technology stocks to buy. You can skip to our list of the 5 best technology stocks to buy if you are short on time. There are conflicting signals about the health of the US economy. On the one hand the labor markets are red […]