The articulated bus market is forecasted to grow by USD 1881.9 mn during 2023-2028, accelerating at a CAGR of 5.68% during the forecast period. The report on the articulated bus market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by benefits of articulated buses over double decker buses, growing urbanization globally, and increasing focus on sustainable transportation.
Technavio's articulated bus market is segmented as below:
By Fuel Type
Diesel
Electric and hybrid
Others
By Type
Single-decker bus
Double-decker bus
By Geographical Landscape
Europe
APAC
North America
South America
Middle East and Africa
This study identifies the rising adoption of electric articulated buses as one of the prime reasons driving the articulated bus market growth during the next few years. Also, increasing incorporation of autonomous technology in articulated buses and growing government focus globally to control traffic will lead to sizable demand in the market.
The report on the articulated bus market covers the following areas:
Articulated bus market sizing
Articulated bus market forecast
Articulated bus market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading articulated bus market vendors that include AB Volvo, BYD Co. Ltd., CONSTRUCCIONES Y AUXILIAR DE FERROCARRILES S.A., IRIZAR SOCIEDAD COOPERATIVA, Iveco Group N.V, Koc Holding AS, Mercedes Benz Group AG, Tata Motors Ltd., Van Hool NV, and Volkswagen AG. Also, the articulated bus market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors. The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Fuel Type
Executive Summary - Chart on Market Segmentation by Type
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on Global - Market size and forecast 2023-2028 ($ million)
Data Table on Global - Market size and forecast 2023-2028 ($ million)
Chart on Global Market: Year-over-year growth 2023-2028 (%)
Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global Articulated Bus Market 2018 - 2022
Historic Market Size - Data Table on Global Articulated Bus Market 2018 - 2022 ($ million)