Articulated Bus Market - Trends and Forecasts by Technavio

Technavio has published a new report on the global articulated bus market from 2017-2021. (Graphic: Business Wire)

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LONDON--()--Technavio’s latest report on the global articulated bus market provides an analysis of the most important trends expected to impact the market outlook from 2017-2021. Technavio defines an emerging trend as a factor that has the potential to significantly impact the market and contribute to its growth or decline.

Praveen Kumar, a lead analyst from Technavio, specializing in research on the automotive manufacturing sector, says, “Bus transportation is considered as the most common transit mode across the world. Every city has its own transit system, and bus services are easy to introduce and modify. As the conventional buses have a low passenger capacity, articulated buses are widely adopted.”

The global articulated bus market is expected to grow at a CAGR of more than 20% during the forecast period. Currently, the articulated bus market is witnessing a shift from diesel-powered engines to CNG-powered engines, owing to the initiatives taken to reduce pollution. Even though most of the articulated buses still have diesel engines, hybrid articulated buses like New Flyer DE60LF, which is a diesel-electric hybrid, are gaining demand in some states of the US and Canada.

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The top three emerging trends driving the global articulated bus market according to Technavio automotive research analysts are:

Growing popularity of articulated bus over conventional bus

Bus transit is gaining popularity across the world as transit modes like light rail schemes require a high investment. The bus transit is seen as a cost-effective solution to address urban transport needs like comfort, reliability, accessibility, and ease of use. This is leading to the demand for high-capacity buses, particularly articulated buses.

The benefits of articulated buses are also allowing authorities to reduce investment in transit modes like trams. For instance, London reduced the dependence on the tram for the busy Uxbridge Road corridor by introducing new articulated buses instead of the conventional bus,” according to Praveen.

Ultra-capacitors in hybrid bus energy storage system

Ultra-capacitors (UCs) used for energy storage and discharge function in the battery packs of hybrid articulated buses are a highly attractive trend. Ultra-capacitor is an energy storage device that stores energy through an electric field, unlike a battery that stores energy through a chemical reaction.

As the ultracapacitor conducts electricity through an electric field, it can store higher charge quantity as compared to a battery. Thus, the ultra-capacitor has a higher energy density, and 30%-40% reduced cost than a normal Li-ion battery pack.

Development in swivel joint giving stability and safety to articulated bus

Swivel joints are crucial in articulated buses as they define the freedom of bending, rolling, and pitching and reduce the yaw movement. Hence, they drive stability and safety in the articulated bus. Recent developments by suppliers like SKD synchronous damper for pusher articulated bus give strength and reliability to the safety-relevant components of a swivel joint.

The swivel joint consists of a hydraulic system that integrates all moving parts, thus increasing the service life of the swivel joints. In addition, the absence of control units increases the reliability significantly of the swivel joint.

The key vendors are as follows:

  • Daimler
  • MAN
  • Solaris Bus & Coach
  • Volvo

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About Technavio

Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies.

Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.

If you are interested in more information, please contact our media team at media@technavio.com.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 630 333 9501
UK: +44 208 123 1770
www.technavio.com

Release Summary

Technavio’s latest report on the global articulated bus market provides an analysis of the most important trends expected to impact the market outlook from 2017-2021.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 630 333 9501
UK: +44 208 123 1770
www.technavio.com