Global Bus Market Overview

The global Bus Market has registered significant growth over the last five years. Bus demand is on the rise in recent years, especially in developing countries, on account of growth in population, increasing travel, and government initiatives to connect rural areas to cities. However, due to the outbreak of COVID-19 the bus market would register a decline as commuters are expected to avoid public transport.

According to 6Wresearch, the Global Bus Market size is expected to witness growth during 2020-2026. Currently, Asia-Pacific is the leading revenue-generating region in the global market and is expected to lead over the forecast period as well; the e-bus segment is expected to be the leading revenue-generating market. Moreover, the European region is expected to witness a high growth rate on account of the increasing demand for public transportation in the region, during the forecast period.

By fuel type, the electric buses segment is expected to witness the highest growth on account of rising pollution in the global bus market. Some of the leading players in the Global Bus market are Daimler AG, TratonAG, Volvo, Zhenzhou Yutong Group, Scania, TATA Motors Limited, Isuzu, Hino Motors, MAN, Marcopolo SA, Iveco, Ashok Leyland, and others.

The global bus market is anticipated to register sound revenues during the forecast period 2020-26F on the back of the rising growth of the urban population in developed and developing countries. The government is taking initiative by freeing up the bus charge for women hence the traveling rates by bus have been increased and are estimated to benefit the growth of the bus market in the years ahead. Further, the growing number of tourist passengers is also estimated to upsurge the demand for the bus which is the most convenient for traveling, and this is expected to boost the growth of the global bus market in the years ahead.

Key Highlights of The Report

  • Global Bus Market Outlook
  • Global Bus Market Overview
  • Global Bus Market Trends
  • Global Bus Market Forecast
  • Industry Life Cycle
  • Porter’s Five Force Analysis
  • Market Drivers and Restraints
  • Market Opportunity Assessment
  • North America Paint Rollers Market Share, By Players
  • Competitive Benchmarking
  • Historical Data for the period 2016-2019 and Market Forecast until 2026 for Africa Bus Market
  • Historical Data for the period 2016-2019 and Market Forecast until 2026 for Europe Bus Market
  • Historical Data for the period 2016-2019 and Market Forecast until 2026 for Middle East Bus Market
  • Historical Data for the period 2016-2019 and Market Forecast until 2026 for Latin America Bus Market

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