PUBLISHER: TechNavio | PRODUCT CODE: 1338050
PUBLISHER: TechNavio | PRODUCT CODE: 1338050
Articulated Bus Market 2023-2027
The articulated bus market is forecasted to grow by USD 1735.21 mn during 2022-2027, accelerating at a CAGR of 5.52% during the forecast period. The report on the articulated bus market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by several benefits of articulated buses, growing urbanization globally, and increasing focus on adoption of sustainable transportation.
Technavio's articulated bus market is segmented as below:
By Fuel Type
By Type
By Geographical Landscape
This study identifies the growing adoption of electric articulated buses as one of the prime reasons driving the articulated bus market growth during the next few years. Also, increasing incorporation of autonomous technology in articulated buses and increasing government focus globally to control traffic will lead to sizable demand in the market.
The report on the articulated bus market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading articulated bus market vendors that include AB Volvo, BYD Co. Ltd., Construcciones y Auxiliar de Ferrocarriles SA, IRIZAR SOCIEDAD COOPERATIVA, Iveco Group N.V, Koc Holding AS, Mercedes Benz Group AG, Tata Motors Ltd., Van Hool NV, and Volkswagen AG. Also, the articulated bus market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
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