Trolley Bus Market Report: Trends, Forecast and Competitive Analysis

Trolley Bus Market Trends and Forecast

The future of the trolley bus market looks promising with opportunities in the local commuter transportation and amusement parks. The global trolley bus market is expected to grow with a CAGR of 12% to 14% from 2023 to 2028. The major drivers for this market are increasing popularity of electric vehicles and growing demand for affordable local commute.

Trolley Bus Market by Bus Type, and Application

Emerging Trends in the Trolley Bus Market

Emerging trends, which have a direct impact on the dynamics of the industry, include growing concern towards sustainability and initiatives taken to curb the emissions and emergence of electric school buses.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below. To learn the scope, benefits, companies researched and other details of the global trolley bus market report, please download the report brochure.

Trolley Bus Market by Segments

Trolley Bus Market by Segment

The study includes a forecast for the global trolley bus market by bus type, application, and region, as follows:

Trolley Bus Market by Bus Type [Value ($B) shipment analysis for 2017-2028]:

Pure Electric

Dual Powered

Trolley Bus Market by Application [Value ($B) shipment analysis for 2017-2028]:

Local Commuter Transportation

Amusement Parks

Others

Trolley Bus Market by Region [Value ($B) shipment analysis for 2017-2028]:

North America

Europe

Asia Pacific

The Rest of the World

List of Trolley Bus Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies trolley bus companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the trolley bus companies profiled in this report include.

Astra Bus

Hometown Trolly

Molly

Gomaco Trolley Company

Pandrol

Viseon Bus GmbH

Salzburg AG

BPSWA

Solaris Bus & Coach S.A

Bogdan

Trolley Bus Market Insights

Lucintel forecasts that pure electric will remain the largest segment over the forecast period as these busses are environmentally safe and the requirement for trolley busses is anticipated to rise further with increasing interest for sustainability and measures adopted to reduce emissions.

Local commuter transportation is expected to remain the largest segment due to higher operational life as compared to the motor buses and improving the off-wire power capabilities in order to increase the adaptability of the trolley buses.

North America will remain the fastest growing region due to high demand in transportation and increasing demand for trolley buses for traveling to commute places. Additionally, technical advancements and government's increasing R&D investments is also one of the reasons behind market uplifting.

Features of the Trolley Bus Market

Market Size Estimates: Trolley bus market size estimation in terms of value ($B)

Trend and Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.

Segmentation Analysis: Trolley bus market size by various segments, such as by bus type, application, and region.

Regional Analysis: Trolley bus market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.

Growth Opportunities: Analysis on growth opportunities in different by bus type, application, and regions for the trolley bus market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape for the trolley bus market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the trolley bus market size?

Answer: The global trolley bus market is expected to reach an estimated $xx billion by 2028.

Q2. What is the growth forecast for trolley bus market?

Answer: The global trolley bus market is expected to grow with a CAGR of 12% to 14% from 2023 to 2028.

Q3. What are the major drivers influencing the growth of the trolley bus market?

Answer: The major drivers for this market are increasing popularity of electric vehicles and growing demand for affordable local commute.

Q4. What are the major segments for trolley bus market?

Answer: The future of the trolley bus market looks promising with opportunities in the local commuter transportation and amusement parks.

Q5. What are the emerging trends in trolley bus market?

Answer: Emerging trends, which have a direct impact on the dynamics of the industry, include growing concern towards sustainability and initiatives taken to curb the emissions and emergence of electric school buses.

Q6. Who is the key trolley bus companies?

Answer: Some of the key trolley bus companies are as follows:

Astra Bus

Hometown Trolly

Molly

Gomaco Trolley

Pandrol

Viseon Bus GmbH

Salzburg AG

BPSWA

Solaris Bus & Coach S.A

Bogdan

Q7. Which trolley bus segment will be the largest in future?

Answer: Lucintel forecasts that pure electric will remain the largest segment over the forecast period as these busses are environmentally safe and the requirement for trolley busses is anticipated to rise further with increasing interest for sustainability and measures adopted to reduce emissions.

Q8. In trolley bus market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the fastest growing region due to high demand in transportation and increasing demand for trolley buses for traveling to commute places. Additionally, technical advancements and government's increasing R&D investments is also one of the reasons behind market uplifting.

Q9. Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.

This report answers following 11 key questions

• Q.1. What are some of the most promising, high-growth opportunities for the trolley bus market by bus type (pure electric and dual powered), application (local commuter transportation, amusement parks, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?