Buses and Coaches Market Research Report Information by Type, by Propulsion, by Seat Capacity, By Application, By Sales Channel and By Region

Description

List of Tables

Buses and Coaches Market Research Report Information by Type (Single Deck, Double Deck, Low floor buses, Minibus, Coaches and Others), by Propulsion (ICE and Electric), by Seat Capacity (15-30 Seats, 31-50 Seats and more than 50 Seats), By Application (City Buses, Intercity Coaches, Airport Shuttle, Delivery Van, School Buses and Others), By Sales Channel (OEM and Aftermarket) and By Region (North America, Europe, Asia-Pacific, Middle East & Africa, and South America) - Industry Forecast Till 2030

Market Overview

In 2022, the market size of buses and coaches was estimated to be USD 37,510.0 million. During the forecast period, the Buses and Coaches Market industry is anticipated to experience a compound annual growth rate (CAGR) of 6.3 percent. The bus and coach industry is an extensive and expanding market that encompasses a variety of vehicles designed for passenger transportation. Urban transit, intercity travel, and long-distance journeys are among the diverse purposes that these modes of transportation serve. Economic progress, urbanization, technological advancements, and government policies and regulations are among the numerous factors that drive the expansion of the buses and coaches market.

The global buses and coaches sector's increasing demand for electric and hybrid buses offers a plethora of advantages that make it an appealing opportunity. This is a result of the significant environmental concerns regarding emissions from transportation, which have led authorities to encourage the use of eco-friendly electric and hybrid buses. These buses emit substantially fewer emissions than standard diesel buses. Authorities provide subsidies and incentives to encourage the adoption of electric and hybrid buses, which in turn encourage manufacturers and operators to adopt these technologies.

Furthermore, electric and hybrid buses are an appealing investment for operators who are interested in reducing costs, as they have reduced operating and maintenance expenses. The affordability, efficiency, and extended range of electric and hybrid buses are being enhanced by technological advancements, which are made possible by the decreasing cost of batteries. This has made them viable for a greater number of routes. Major manufacturers are introducing innovative electric and hybrid bus models to capitalize on the increasing demand, recognizing it as a potential opportunity for growth and innovation. Electric and hybrid buses are perceived as environmentally favorable alternatives by consumers, particularly those in urban areas, who are increasingly seeking alternative transportation solutions.

Market segment insights

The Buses and Coaches Market segmentation is categorized by type, including single deck, double deck, low floor buses, minibuses, coaches, and others.

ICE and electric comprise the market segmentation, which is predicated on propulsion.

The market is segmented into three categories: 15-30 Seats, 31-50 Seats, and more than 50 Seats, as determined by seat capacity.

City Buses, Intercity Coaches, Airport Shuttles, Delivery Vans, School Buses, and Others are the six categories into which the Buses and Coaches Market is divided based on application.

The market segmentation comprises OEM and aftermarket, as determined by the sales channel.

Regional Perspectives

Asia-Pacific is the most sophisticated and largest market for the Buses and Coaches Market in terms of revenue. Numerous manufacturers and proprietors are involved in the production and utilization of buses and coaches in the Asia Pacific region, which is a substantial market. The market is driven by the demand for private charter services, tourism, and public transport. The market is extremely fragmented, with a variety of manufacturers and operators situated in different countries throughout the region.

The increasing number of data centers in the region is anticipated to drive growth in the North American market. The market is driven by a variety of factors, such as the burgeoning tourism industry, the increasing demand for public transportation, and the need for sustainable and efficient transportation alternatives. The buses and coaches market in North America is primarily dominated by the United States, which holds the majority of the market share.

Demand for transportation services, such as public transportation, tourism, and private hire, is anticipated to dominate the global market in the European region. The market is stimulated by the demand for transportation services, such as public transportation, tourism, and private hire. The market is extremely fragmented due to the presence of numerous manufacturers and operators in various countries.

Major Players

The principal participants in the market are Tata Motors, Anhui Ankai Automobile Co., Ltd., BYD Company Limited, Daimler Truck AG, Proterra, AB Volvo, MAN, Xiamen King Long United Automotive Industry Co., Ltd., Yutong Bus Co., Ltd., and NFI Group.

Product Code: MRFR/AM/9948-CR

1 EXECUTIVE SUMMARY

1.1.1 GLOBAL BUSES AND COACHES MARKET, BY TYPE
1.1.2 GLOBAL BUSES AND COACHES MARKET, BY PROPULSION
1.1.3 GLOBAL BUSES AND COACHES MARKET, BY SEAT CAPACITY
1.1.4 GLOBAL BUSES AND COACHES MARKET, BY APPLICATION
1.1.5 GLOBAL BUSES AND COACHES MARKET, BY SALES CHANNEL
1.1.6 GLOBAL BUSES AND COACHES MARKET, BY REGION

2 MARKET INTRODUCTION

2.1 DEFINITION
2.2 SCOPE OF THE STUDY
2.3 RESEARCH OBJECTIVE
2.4 MARKET STRUCTURE

3 RESEARCH METHODOLOGY

3.1 RESEARCH PROCESS
3.2 PRIMARY RESEARCH
3.3 SECONDARY RESEARCH
3.4 MARKET SIZE ESTIMATION
3.5 FORECAST MODEL
3.6 LIST OF ASSUMPTIONS

4 MARKET DYNAMICS

4.1 OVERVIEW
4.2 DRIVERS
- 4.2.1 INCREASED APPETITE FOR CONNECTIVITY AND EMERGING TECHNOLOGIES
- 4.2.2 GROWING INVESTMENTS IN PUBLIC TRANSPORTATION INFRASTRUCTURE
4.3 RESTRAINTS
- 4.3.1 HIGH INITIAL COST
4.4 OPPORTUNITIES
- 4.4.1 INCREASING DEMAND FOR ELECTRIC & HYBRID VEHICLES
4.5 COVID-19 IMPACT ANALYSIS
- 4.5.1 IMPACT ON OVERALL AUTOMOTIVE INDUSTRY
  - 4.5.1.1 1ECONOMIC IMPACT
- 4.5.2 IMPACT ON BUSES AND COACHES MARKET
- 4.5.3 IMPACT ON THE SUPPLY CHAIN
  - 4.5.3.1 PRICE VARIATION OF KEY RAW MATERIALS
  - 4.5.3.2 1PRODUCTION SHUTDOWN
  - 4.5.3.3 CASH FLOW CONSTRAINTS
  - 4.5.3.4 IMPACT ON IMPORT/EXPORT
- 4.5.4 IMPACT ON MARKET DEMAND OF BUSES AND COACHES
  - 4.5.4.1 IMPACT DUE TO RESTRICTION/LOCKDOWN
  - 4.5.4.2 CONSUMER SENTIMENTS
- 4.5.5 IMPACT ON PRICING OF BUSES AND COACHES

5 MARKET FACTOR ANALYSIS

5.1 SUPPLY CHAIN ANALYSIS
- 5.1.1 DESIGN & DEVELOPMENT
- 5.1.2 RAW MATERIAL SUPPLY
- 5.1.3 MANUFACTURE & ASSEMBLY
- 5.1.4 SALES & DISTRIBUTION
- 5.1.5 END USERS
5.2 PORTER'S FIVE FORCES MODEL
- 5.2.1 THREAT OF NEW ENTRANTS
- 5.2.2 BARGAINING POWER OF SUPPLIERS
- 5.2.3 THREAT OF SUBSTITUTES
- 5.2.4 BARGAINING POWER OF BUYERS
- 5.2.5 INTENSITY OF RIVALRY

6 GLOBAL BUSES AND COACHES MARKET, BY TYPE

6.1 OVERVIEW
6.2 SINGLE DECK
6.3 DOUBLE DECK
6.4 LOW FLOOR BUSES
6.5 MINIBUS
6.6 COACHES
6.7 OTHERS

7 GLOBAL BUSES AND COACHES MARKET, BY PROPULSION

7.1 OVERVIEW
7.2 ICE
7.3 ELECTRIC

8 GLOBAL BUSES AND COACHES MARKET, BY SEAT CAPACITY

8.1 OVERVIEW
8.2 15-30 SEATS
8.3 31-50 SEATS
8.4 MORE THAN 50 SEATS

9 GLOBAL BUSES AND COACHES MARKET, BY APPLICATION

9.1 OVERVIEW
9.2 CITY BUSES
9.3 INTERCITY BUSES
9.4 AIRPORT SHUTTLE
9.5 DELIVERY VAN
9.6 SCHOOL BUSES
9.7 OTHERS

10 GLOBAL BUSES AND COACHES MARKET, BY SALES CHANNEL

10.1 OVERVIEW
10.2 OEM
10.3 AFTERMARKET

11 GLOBAL BUSES AND COACHES MARKET, BY REGION

11.1 OVERVIEW
11.2 NORTH AMERICA
- 11.2.1 US
- 11.2.2 CANADA
- 11.2.3 MEXICO
11.3 EUROPE
- 11.3.1 GERMANY
- 11.3.2 FRANCE
- 11.3.3 UK
- 11.3.4 SPAIN
- 11.3.5 ITALY
- 11.3.6 POLAND
- 11.3.7 CZECH REPUBLIC
- 11.3.8 REST OF EUROPE
11.4 ASIA-PACIFIC
- 11.4.1 CHINA
- 11.4.2 INDIA
- 11.4.3 JAPAN
- 11.4.4 SOUTH KOREA
- 11.4.5 AUSTRALIA
- 11.4.6 REST OF ASIA-PACIFIC
11.5 MIDDLE EAST & AFRICA
- 11.5.1 EGYPT
- 11.5.2 TURKEY
- 11.5.3 REST OF MIDDLE EAST & AFRICA
11.6 LATIN AMERICA

12 COMPETITIVE LANDSCAPE

12.1 OVERVIEW
12.2 COMPETITIVE BENCHMARKING
12.3 MARKET SHARE ANALYSIS, 2022
12.4 KEY DEVELOPMENT IN THE GLOBAL BUSES AND COACHES MARKET
- 12.4.1 PRODUCT LAUNCH
- 12.4.2 COLLABORATION
- 12.4.3 PARTNERSHIP
- 12.4.4 EXPANSION
- 12.4.5 INVESTMENT
- 12.4.6 ACQUSITION
- 12.4.7 CONTRACTS & AGREEMENTS

13 COMPANY PROFILES

13.1 ANHUI ANKAI AUTOMOBILE CO., LTD
- 13.1.1 COMPANY OVERVIEW
- 13.1.2 FINANCIAL OVERVIEW
- 13.1.3 PRODUCTS OFFERED
- 13.1.4 KEY DEVELOPMENTS
- 13.1.5 SWOT ANALYSIS
- 13.1.6 KEY STRATEGIES
13.2 BYD COMPANY LIMITED
- 13.2.1 COMPANY OVERVIEW
- 13.2.2 FINANCIAL OVERVIEW
- 13.2.3 PRODUCTS OFFERED
- 13.2.4 KEY DEVELOPMENTS
- 13.2.5 SWOT ANALYSIS
- 13.2.6 KEY STRATEGIES
13.3 DAIMLER TRUCK AG
- 13.3.1 COMPANY OVERVIEW
- 13.3.2 FINANCIAL OVERVIEW
- 13.3.3 PRODUCTS OFFERED
- 13.3.4 KEY DEVELOPMENTS
- 13.3.5 SWOT ANALYSIS
- 13.3.6 KEY STRATEGIES
13.4 PROTERRA
- 13.4.1 COMPANY OVERVIEW
- 13.4.2 FINANCIAL OVERVIEW
- 13.4.3 PRODUCTS OFFERED
- 13.4.4 KEY DEVELOPMENTS
- 13.4.5 SWOT ANALYSIS
- 13.4.6 KEY STRATEGIES
13.5 AB VOLVO
- 13.5.1 COMPANY OVERVIEW
- 13.5.2 FINANCIAL OVERVIEW
- 13.5.3 PRODUCTS OFFERED
- 13.5.4 KEY DEVELOPMENTS
- 13.5.5 SWOT ANALYSIS
- 13.5.6 KEY STRATEGIES
13.6 MAN
- 13.6.1 COMPANY OVERVIEW
- 13.6.2 FINANCIAL OVERVIEW
- 13.6.3 PRODUCTS OFFERED
- 13.6.4 KEY DEVELOPMENTS
- 13.6.5 SWOT ANALYSIS
- 13.6.6 KEY STRATEGIES
13.7 XIAMEN KING LONG UNITED AUTOMOTIVE INDUSTRY CO., LTD
- 13.7.1 COMPANY OVERVIEW
- 13.7.2 FINANCIAL OVERVIEW
- 13.7.3 PRODUCTS OFFERED
- 13.7.4 KEY DEVELOPMENTS
- 13.7.5 SWOT ANALYSIS
- 13.7.6 KEY STRATEGIES
13.8 YUTONG BUS CO., LTD.
- 13.8.1 COMPANY OVERVIEW
- 13.8.2 FINANCIAL OVERVIEW
- 13.8.3 PRODUCTS OFFERED
- 13.8.4 KEY DEVELOPMENTS
- 13.8.5 SWOT ANALYSIS
- 13.8.6 KEY STRATEGIES
13.9 NFI GROUP
- 13.9.1 COMPANY OVERVIEW
- 13.9.2 FINANCIAL OVERVIEW
- 13.9.3 PRODUCTS OFFERED
- 13.9.4 KEY DEVELOPMENTS
- 13.9.5 SWOT ANALYSIS
- 13.9.6 KEY STRATEGIES
13.10 TATA MOTORS
- 13.10.1 COMPANY OVERVIEW
- 13.10.2 FINANCIAL OVERVIEW
- 13.10.3 PRODUCTS OFFERED
- 13.10.4 KEY DEVELOPMENTS
- 13.10.5 SWOT ANALYSIS
- 13.10.6 KEY STRATEGIES