Europe bus market stood at $ 6 billion in
2018 and is projected to grow at a CAGR of around 7%, to reach $ 8.8 billion by
2024, on account of growing sales and production of buses in the region. Growth
in the market is further backed by increasing investments in research
activities by bus manufacturing companies such as Daimler, Volvo, MAN, Iveco, etc.,
for the launch of more advanced buses. Moreover, surging demand for clean fuel
buses and government initiatives to promote public transportation system is further
anticipated to positively influence Europe bus market during forecast period.
Years considered for this report:
Historical Years: 2014-2017
Base Year: 2018
Estimated Year: 2019
Forecast Period: 2020–2024
Objective of the Study:
- To analyze and forecast the size of Europe
bus market.
- To classify and forecast Europe bus market based on, length,
seating capacity, fuel type, body type and regional distribution.
- To identify drivers and challenges for Europe
bus market.
- To
examine competitive developments such as expansions, new product launches,
mergers & acquisitions, etc., in Europe bus market.
- To
conduct pricing analysis for Europe bus market.
- To
identify and analyze the profile of leading players operating in Europe bus
market.
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Some of the major players operating in Europe bus market are Daimler
AG, Iveco S.p.A., MAN SE, AB Volvo, Scania AB, Solaris Bus & Coach S.A., Toyota Motor Corporation, Zhengzhou Yutong Bus Co. Ltd., Tata Motors Limited (TML), Ashok Leyland
Limited, among others.
To perform the study, TechSci Research conducted primary as well as
exhaustive secondary research. Initially, TechSci Research prepared an
exhaustive list of bus manufacturers and dealers operating in
Europe. Subsequently, TechSci Research conducted primary research surveys,
which include primary calls, email responses, etc., with the identified
companies. While interviewing, the respondents were also asked about their
major competitors. Through this technique,
TechSci Research could include manufacturers which could not be identified due
to the limitations of secondary research. TechSci Research analyzed product
offerings, distribution channels, and regional presence of all major bus
suppliers across the region.
TechSci Research
calculated the size for Europe bus
market using a bottom-up
technique, wherein manufacturers’ volume sales data for different applications,
were recorded as well as forecast for the
future years. TechSci
Research sourced these values from industry experts and company
representatives, and externally validated through analyzing historical sales
data of respective manufacturers to arrive at the overall market size. Multiple
secondary sources such as directories, databases such as OICA, company
websites, company annual reports, white papers, investor presentations and
financial reports were also studied by TechSci Research.
Key Target Audience:
- Bus manufacturing companies
- Dealers/distributors of buses
- Governments and financial institutions
- End users of buses
- Research organizations and consulting
companies
- Associations, organizations, forums and
alliances related to buses
The study is
useful in providing answers to several critical questions that are important
for industry stakeholders such as bus manufacturers, distributors and
dealers, customers and policy makers. The study
would also help them to target the growing segments over the coming years,
thereby aiding the stakeholders in taking investment decisions and facilitating
their expansion.
Report Scope:
In this
report, Europe bus market has been segmented into following categories, in
addition to the industry trends which have also been detailed below:
- Market, by Length:
- 6-8 m
- 8-10 m
- 10-12 m
- 12 & above
- Market, by Seating Capacity:
- Up to 30
- 31-40
- 41-50
- Above 50 30-40
- Market, by Fuel Type:
- Diesel
- Petrol/Gasoline
- CNG
- Electric & Hybrid
- Fuel Cell
- Market, by Body Type:
- Market, by Country:
- United Kingdom
- Germany
- France
- Italy
- Spain
- Switzerland
- Netherlands
- Portugal
- NORDIC Region
- Rest of Europe
Competitive Landscape
Company Profiles: Detailed
analysis of the major companies present in Europe bus market.
Available Customizations:
With the
given market data, TechSci Research offers customizations according to the
company’s specific needs. The following customization options are available for
the report:
Company
Information
- Detailed
analysis and profiling of additional market players (up to five).
In case you don’t find
what, you are looking for, please get in touch with our custom research team at
sales@techsciresearch.com