Global Bus Market Analysis

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Global Bus Market Analysis
Global Bus Market Outlook 2024 Opportunity
Growth Analysis, 2016-2024
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Global Bus Market Analysis
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• Bus Market is anticipated to expand at a compound
  annual growth rate of XX during the forecast
  period i.e. 2016-2024.
• The market is anticipated to reach USD XX billion
  by the end of 2024. The latest trend gaining
  momentum in the market is introduction of
  technology advanced modern buses. Further,
  players in the Bus manufacturing industry are
  focusing on providing cost effective and green
  technologies.

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Global Bus Market Analysis
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• Rising government investment in public
  transportation networks, particularly bus rapid
  transit systems, to reduce traffic congestion and
  improve air quality, is another trend.
• Further aspects are growth in the number and size
  of private transportation companies, and the
  climbing worldwide sales of electric, hybrid,
  compressed natural gas (CNG), and liquefied
  natural gas (LNG) models, as many countries adopt
  more stringent emissions standards and as
  environmental considerations grow in importance.

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Major Players Presence-Regional Analysis
Major Players/ Industries North America APAC Europe Latin America Middle East Africa
Volvo
Daimler AG
Toyota
BYD
Anhui Ankai
Marcopolo S.A
TATA Motors
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Global Bus Market Analysis
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• The Asia/Pacific region is projected to account
  for more than three-fifths of all new global bus
  demand through 2024. China alone will be
  responsible for nearly half of the global total.
• Growth is expected to pick up in both China and
  India, the regions two largest bus markets,
  after declining moderately during the second part
  of the 2012-2016 period.

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Global Bus Market Outlook
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