Articulated Bus

Articulated Bus

Global Articulated Bus Market to Reach 89.5 Thousand Units by 2030

The global market for Articulated Bus estimated at 36.1 Thousand Units in the year 2023, is expected to reach 89.5 Thousand Units by 2030, growing at a CAGR of 13.8% over the analysis period 2023-2030.

The U.S. Market is Estimated at 9.4 Thousand Units While China is Forecast to Grow at 18.3% CAGR

The Articulated Bus market in the U.S. is estimated at 9.4 Thousand Units in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of 21.9 Thousand Units by the year 2030 trailing a CAGR of 18.3% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 10.2% and 12.3% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 11.4% CAGR.

Global Articulated Bus Market - Key Trends and Drivers Summarized

Why Are Articulated Buses Essential in Modern Urban Transportation?

Articulated buses have become a cornerstone of urban public transportation systems worldwide, particularly in densely populated cities where the need for efficient and high-capacity transit options is paramount. These buses, characterized by their extended length and flexible joint (or "articulation") that connects two passenger compartments, are designed to carry a larger number of passengers compared to conventional buses. This makes them ideal for routes with high ridership, where they can help alleviate congestion and reduce the frequency of service needed to meet demand. Articulated buses are commonly used on Bus Rapid Transit (BRT) systems, where their capacity and ability to navigate tight urban streets play a crucial role in maintaining the flow of public transport. By offering a balance between capacity, maneuverability, and cost-efficiency, articulated buses are essential in supporting the growing demand for public transportation in rapidly urbanizing areas.

How Are Technological Advancements Impacting the Design and Efficiency of Articulated Buses?

The design and functionality of articulated buses have evolved significantly in recent years, thanks to advancements in automotive technology and engineering. Modern articulated buses are increasingly being equipped with hybrid or fully electric powertrains, aligning with global trends towards sustainable transportation. These eco-friendly buses not only reduce emissions but also offer quieter operation, which is particularly beneficial in urban environments. Additionally, innovations in materials science have led to the development of lighter yet stronger bus components, improving fuel efficiency and reducing wear and tear on urban infrastructure. Advanced steering and suspension systems have enhanced the maneuverability of articulated buses, making them easier to handle in congested city streets. The integration of smart technology, including real-time tracking and automated passenger counting, has also improved the operational efficiency of these buses, enabling transit authorities to optimize routes and schedules based on actual passenger demand. These technological enhancements are making articulated buses more reliable, sustainable, and efficient, driving their adoption in cities around the world.

Why Are Urban Planning and Infrastructure Developments Driving Demand for Articulated Buses?

Urban planning and infrastructure development are key factors influencing the demand for articulated buses. As cities grow and evolve, there is a continuous need to enhance public transportation networks to accommodate increasing populations and reduce traffic congestion. Articulated buses, with their high passenger capacity and flexibility, are well-suited to meet these challenges. Many cities are investing in Bus Rapid Transit (BRT) systems as a cost-effective alternative to rail-based transit, and articulated buses are a critical component of these systems due to their ability to efficiently move large numbers of people. Furthermore, urban planners are increasingly recognizing the role of public transportation in reducing the carbon footprint of cities, leading to greater investment in articulated buses that are powered by clean energy. The integration of these buses into new and existing transit networks is also supported by the development of dedicated bus lanes and priority signaling, which enhance the speed and reliability of bus services. As cities continue to expand and prioritize sustainable urban mobility, the role of articulated buses in public transportation is expected to grow.

What Factors Are Driving the Growth of the Articulated Bus Market?

The growth in the articulated bus market is driven by several factors that are shaping its expansion and adoption across the globe. One of the primary drivers is the increasing demand for efficient public transportation solutions in rapidly urbanizing regions, where traditional buses may not suffice to meet high passenger volumes. Technological advancements, particularly the shift towards electric and hybrid articulated buses, are also playing a significant role by offering environmentally friendly alternatives that align with global sustainability goals. The expansion of Bus Rapid Transit (BRT) systems in both developed and developing countries is further boosting demand, as these systems rely heavily on articulated buses to provide high-capacity, efficient service. Additionally, government policies aimed at reducing urban traffic congestion and lowering emissions are encouraging the adoption of articulated buses, supported by incentives and funding for public transportation projects. The ongoing improvements in bus design, such as enhanced maneuverability and passenger comfort, are making these vehicles more attractive to transit authorities. As urban populations continue to grow and the need for sustainable transportation solutions becomes more urgent, the articulated bus market is poised for continued growth and innovation.

Select Competitors (Total 44 Featured) -
  • Ashok Leyland Ltd.
  • BYD Co., Ltd.
  • Daimler AG
  • New Flyer Industries, Inc.
  • Otokar Otomotiv ve Savunma Sanayi AS
  • Scania AB
  • Solaris Bus & Coach S.A.
  • Tata Motors Ltd.
  • Volvo Buses
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I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Influencer Market Insights
Global Economic Update
Articulated Bus – Global Key Competitors Percentage Market Share in 2024 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
Consumer Demand for Efficient and Reliable Public Transportation Services Throws the Spotlight on Articulated Buses
Expansion of Bus Rapid Transit (BRT) Systems Spurs Growth in Articulated Bus Demand
Growing Focus on Reducing Urban Traffic Congestion Throws the Spotlight on High-Capacity Transit Solutions
Increasing Investment in Public Transportation Infrastructure Expands Addressable Market for Articulated Buses
Adoption of Smart City Technologies Generates Opportunities for Integrated Articulated Bus Systems
Emission Reduction Regulations Propel Shift Towards Eco-Friendly Articulated Buses
Global Push for Green Transportation Drives Adoption of Electric Articulated Buses
Growing Population in Emerging Markets Expands Demand for High-Capacity Urban Transit Solutions
4. GLOBAL MARKET PERSPECTIVE
TABLE 1: World Recent Past, Current & Future Analysis for Articulated Bus by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Units for Years 2023 through 2030 and % CAGR
TABLE 2: World 7-Year Perspective for Articulated Bus by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2024 & 2030
TABLE 3: World Articulated Bus Market Analysis of Annual Sales in Units for Years 2014 through 2030
III. MARKET ANALYSIS
UNITED STATES
Articulated Bus Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
TABLE 4: USA Recent Past, Current & Future Analysis for Articulated Bus by Segment - Articulated Bus - Independent Analysis of Annual Sales in Units for the Years 2023 through 2030 and % CAGR
CANADA
TABLE 5: Canada Recent Past, Current & Future Analysis for Articulated Bus by Segment - Articulated Bus - Independent Analysis of Annual Sales in Units for the Years 2023 through 2030 and % CAGR
JAPAN
Articulated Bus Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
TABLE 6: Japan Recent Past, Current & Future Analysis for Articulated Bus by Segment - Articulated Bus - Independent Analysis of Annual Sales in Units for the Years 2023 through 2030 and % CAGR
CHINA
Articulated Bus Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
TABLE 7: China Recent Past, Current & Future Analysis for Articulated Bus by Segment - Articulated Bus - Independent Analysis of Annual Sales in Units for the Years 2023 through 2030 and % CAGR
EUROPE
Articulated Bus Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
TABLE 8: Europe Recent Past, Current & Future Analysis for Articulated Bus by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in Units for Years 2023 through 2030 and % CAGR
TABLE 9: Europe 7-Year Perspective for Articulated Bus by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets for Years 2024 & 2030
FRANCE
Articulated Bus Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
TABLE 10: France Recent Past, Current & Future Analysis for Articulated Bus by Segment - Articulated Bus - Independent Analysis of Annual Sales in Units for the Years 2023 through 2030 and % CAGR
GERMANY
Articulated Bus Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
TABLE 11: Germany Recent Past, Current & Future Analysis for Articulated Bus by Segment - Articulated Bus - Independent Analysis of Annual Sales in Units for the Years 2023 through 2030 and % CAGR
ITALY
TABLE 12: Italy Recent Past, Current & Future Analysis for Articulated Bus by Segment - Articulated Bus - Independent Analysis of Annual Sales in Units for the Years 2023 through 2030 and % CAGR
UNITED KINGDOM
Articulated Bus Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
TABLE 13: UK Recent Past, Current & Future Analysis for Articulated Bus by Segment - Articulated Bus - Independent Analysis of Annual Sales in Units for the Years 2023 through 2030 and % CAGR
SPAIN
TABLE 14: Spain Recent Past, Current & Future Analysis for Articulated Bus by Segment - Articulated Bus - Independent Analysis of Annual Sales in Units for the Years 2023 through 2030 and % CAGR
RUSSIA
TABLE 15: Russia Recent Past, Current & Future Analysis for Articulated Bus by Segment - Articulated Bus - Independent Analysis of Annual Sales in Units for the Years 2023 through 2030 and % CAGR
REST OF EUROPE
TABLE 16: Rest of Europe Recent Past, Current & Future Analysis for Articulated Bus by Segment - Articulated Bus - Independent Analysis of Annual Sales in Units for the Years 2023 through 2030 and % CAGR
ASIA-PACIFIC
Articulated Bus Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
TABLE 17: Asia-Pacific Recent Past, Current & Future Analysis for Articulated Bus by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in Units for Years 2023 through 2030 and % CAGR
TABLE 18: Asia-Pacific 7-Year Perspective for Articulated Bus by Geographic Region - Percentage Breakdown of Value Sales for Australia, India, South Korea and Rest of Asia-Pacific Markets for Years 2024 & 2030
AUSTRALIA
Articulated Bus Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2024 (E)
TABLE 19: Australia Recent Past, Current & Future Analysis for Articulated Bus by Segment - Articulated Bus - Independent Analysis of Annual Sales in Units for the Years 2023 through 2030 and % CAGR
INDIA
Articulated Bus Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2024 (E)
TABLE 20: India Recent Past, Current & Future Analysis for Articulated Bus by Segment - Articulated Bus - Independent Analysis of Annual Sales in Units for the Years 2023 through 2030 and % CAGR
SOUTH KOREA
TABLE 21: South Korea Recent Past, Current & Future Analysis for Articulated Bus by Segment - Articulated Bus - Independent Analysis of Annual Sales in Units for the Years 2023 through 2030 and % CAGR
REST OF ASIA-PACIFIC
TABLE 22: Rest of Asia-Pacific Recent Past, Current & Future Analysis for Articulated Bus by Segment - Articulated Bus - Independent Analysis of Annual Sales in Units for the Years 2023 through 2030 and % CAGR
LATIN AMERICA
Articulated Bus Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2024 (E)
TABLE 23: Latin America Recent Past, Current & Future Analysis for Articulated Bus by Geographic Region - Argentina, Brazil, Mexico and Rest of Latin America Markets - Independent Analysis of Annual Sales in Units for Years 2023 through 2030 and % CAGR
TABLE 24: Latin America 7-Year Perspective for Articulated Bus by Geographic Region - Percentage Breakdown of Value Sales for Argentina, Brazil, Mexico and Rest of Latin America Markets for Years 2024 & 2030
ARGENTINA
TABLE 25: Argentina Recent Past, Current & Future Analysis for Articulated Bus by Segment - Articulated Bus - Independent Analysis of Annual Sales in Units for the Years 2023 through 2030 and % CAGR
BRAZIL
TABLE 26: Brazil Recent Past, Current & Future Analysis for Articulated Bus by Segment - Articulated Bus - Independent Analysis of Annual Sales in Units for the Years 2023 through 2030 and % CAGR
MEXICO
TABLE 27: Mexico Recent Past, Current & Future Analysis for Articulated Bus by Segment - Articulated Bus - Independent Analysis of Annual Sales in Units for the Years 2023 through 2030 and % CAGR
REST OF LATIN AMERICA
TABLE 28: Rest of Latin America Recent Past, Current & Future Analysis for Articulated Bus by Segment - Articulated Bus - Independent Analysis of Annual Sales in Units for the Years 2023 through 2030 and % CAGR
MIDDLE EAST
Articulated Bus Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2024 (E)
TABLE 29: Middle East Recent Past, Current & Future Analysis for Articulated Bus by Geographic Region - Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets - Independent Analysis of Annual Sales in Units for Years 2023 through 2030 and % CAGR
TABLE 30: Middle East 7-Year Perspective for Articulated Bus by Geographic Region - Percentage Breakdown of Value Sales for Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets for Years 2024 & 2030
IRAN
TABLE 31: Iran Recent Past, Current & Future Analysis for Articulated Bus by Segment - Articulated Bus - Independent Analysis of Annual Sales in Units for the Years 2023 through 2030 and % CAGR
ISRAEL
TABLE 32: Israel Recent Past, Current & Future Analysis for Articulated Bus by Segment - Articulated Bus - Independent Analysis of Annual Sales in Units for the Years 2023 through 2030 and % CAGR
SAUDI ARABIA
TABLE 33: Saudi Arabia Recent Past, Current & Future Analysis for Articulated Bus by Segment - Articulated Bus - Independent Analysis of Annual Sales in Units for the Years 2023 through 2030 and % CAGR
UNITED ARAB EMIRATES
TABLE 34: UAE Recent Past, Current & Future Analysis for Articulated Bus by Segment - Articulated Bus - Independent Analysis of Annual Sales in Units for the Years 2023 through 2030 and % CAGR
REST OF MIDDLE EAST
TABLE 35: Rest of Middle East Recent Past, Current & Future Analysis for Articulated Bus by Segment - Articulated Bus - Independent Analysis of Annual Sales in Units for the Years 2023 through 2030 and % CAGR
AFRICA
Articulated Bus Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2024 (E)
TABLE 36: Africa Recent Past, Current & Future Analysis for Articulated Bus by Segment - Articulated Bus - Independent Analysis of Annual Sales in Units for the Years 2023 through 2030 and % CAGR
IV. COMPETITION

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