DUBLIN--(BUSINESS WIRE)--The "Global Bus Fleet Market: Opportunities and Forecast (2012-2022)" report has been added to Research and Markets' offering.
The global bus fleet market is projected to display a modest growth represented by a CAGR of 7.38% during 2017-2022.
CNG and electric buses is gaining the major attention as the next major development in bus; however, there are certain challenges that will need to be addressed, including the safety measures and government regulations regarding environment. Further, advancement in the bus technologies is expected to boost the global market in the forecast period. In the recent years, many leading manufacturing companies are dedicated in developing electric hybrid buses, with major focus to reduce cost and increase efficiency. Many high capacity buses, low floor and less noise is coming in market keeping in view the customer convenience.
The growth is backed by rising demand of electric vehicles, government regulations to use energy efficient and less pollutant emission engines and growing advancements in the electrification technology. The demand for buses is growing with rapid urbanization and rising concern of people towards environment safety. Among the regions, APAC accounts for the largest regional share in the total Bus market in 2016 and again is predicted to advance at the highest rate, mainly driven by the growing economies of China and India with increasing automotive production, rising demand of electric vehicles and industrial development.
Companies Mentioned
- Ashok Leyland
- Baoding Changan Bus Manufacturing Co. Ltd.
- Daimler Group
- KingLong
- Ltd
- MAN Group
- Scania AB
- Tata Motors
- VDL Bus & Coach BV
- Volvo Group
- Zhengzhou Yutong Group Co.
Key Topics Covered:
1. Research Methodology
2. Executive Summary
3. Strategic Recommendation
4. Bus Fleet Product Outlook
5. Global Bus Fleet Market: Growth and Forecast
6. Global Bus Fleet Market- By Type
7. Global Bus Fleet Market: Regional Analysis
8. North America Bus Fleet Market: An Analysis
9. Europe Bus Fleet Market: An Analysis
10. APAC Bus Fleet Market: An Analysis
11. ROW Bus Fleet Market: An Analysis
12. Product Cycle
13. Market Dynamics
14. Market Trends
15. Policy and Regulatory Landscape
16. Company Analysis
For more information about this report visit https://www.researchandmarkets.com/research/24kfsm/global_bus_fleet
