Title: Bus Market - Forecast(2022 - 2027)
1Bus MarketMarket size, Industry outlook, Market
Forecast, Demand Analysis, Market Share, Market
Report 2022-2027
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- The global Bus market is forecast to reach 55.2
billion by 2026, growing at CAGR 6.7 from 2021
to 2026. Buses are most preferred mode of public
transportation by many people in day to day life.
- Growing population in urban areas has increased
the demand for buses. Increasing pollution and
increasing emission has encouraged the many to
convert to electric buses in the bus fleet. - Also governments initiatives towards improving
public transportation along with the growth of
on-demand bus services are expected to propel the
market growth.
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- Key Takeaways
- The Bus Market will have the substantial growth
in the forecast period especially in the transit
segment. As the population increases and adoption
of public transportation will be the top priority
both by Government and by the public. - Bus market is expected to shift its fuel
consumption from diesel to natural gas and
electric. This in turn will reduce the pollution
in the environment. Initiatives have been taken
due to increased pollution in the past few years
and this will drive the market grow during the
forecasted period. -
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Bus Market Segment Analysis - By
Application Transit buses are efficiently
designed to move passengers within cities and
also for other applications. These buses are used
by private transport companies. Common public
rely on buses to cater their needs for
transportation in turn driving the demand for
these buses. This is driving the market
especially for doubler decker and articulated
buses. Motor Coaches used in long distance
travelling with comfortable seats and other
amenities.
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- Bus Market Landscape
- Zhengzhou Yutong Bus Co.,
- Volvo, Daimler AG,
- Xiamen King Long United,
- Traton (Man, Scania, etc.),
- Ashok Leyland,
- Navister.
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Bus Market - Forecast(2022 - 2027) Learn More
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Research/Bus-Market-Research-509154
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- You Can Customize the Report as Per Your Need.
We have included Some Customization Options - Company Profile
- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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Contact (1) 970-236-3677
Inquiry Before Buying
Email sales_at_industryarc.com