Global Articulated Bus Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Product Type;

Single Decker Bus and Double Decker Bus.

By Fuel Use;

Diesel, Hybrid and Electric.

By End Use;

City Traffics and Town Traffics.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn568776160 Published Date: April, 2024 Updated Date: May, 2024

Introduction

Global Articulated Bus Market (USD Million), 2020 - 2030

In the year 2023, the Global Articulated Bus Market was valued at USD xx.x million. The size of this market is expected to increase to USD xx.x million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of x.x%.

The global articulated bus market is experiencing significant growth driven by urbanization, increasing demand for public transportation, and a focus on sustainable mobility solutions. Articulated buses, also known as bendy buses or accordion buses, feature an articulated joint that allows for increased passenger capacity without significantly increasing the vehicle footprint. This design makes them well-suited for densely populated urban areas where space is limited and demand for mass transit is high. As cities around the world grapple with congestion and pollution, articulated buses offer an efficient and eco-friendly alternative to single-deck buses and private vehicles.

Moreover, technological advancements are further fueling the growth of the articulated bus market. Manufacturers are investing in research and development to enhance the performance, comfort, and safety features of articulated buses. This includes innovations in propulsion systems, such as electric and hybrid technologies, to reduce emissions and operating costs. Additionally, advancements in connectivity and automation are enabling the integration of intelligent transportation systems (ITS) in articulated buses, improving route optimization, passenger information, and fleet management.

Furthermore, government initiatives and regulations aimed at reducing carbon emissions and improving air quality are driving the adoption of articulated buses in public transportation fleets. Many cities are investing in sustainable mobility solutions and expanding their bus rapid transit (BRT) networks, where articulated buses play a central role. With their high passenger capacity and flexibility, articulated buses offer an efficient solution for meeting the growing demand for public transportation while addressing environmental concerns. As urban populations continue to grow, the articulated bus market is expected to expand further, providing an essential component of sustainable urban mobility.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Fuel Use
    3. Market Snapshot, By End Use
    4. Market Snapshot, By Region
  4. Global Articulated Bus Market
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Urbanization and Population Growth
        2. Increasing Demand for Public Transportation
        3. Focus on Sustainable Mobility Solutions
      2. Restraints
        1. Initial Investment Costs
        2. Infrastructure Limitations in Some Regions
        3. Regulatory Challenges and Compliance
      3. Opportunities
        1. Government Initiatives for Emission Reduction
        2. Expansion of Bus Rapid Transit (BRT) Networks
        3. Growing Market in Developing Regions
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Articulated Bus Market, By Product Type, 2020 - 2030 (USD Million)
      1. Single Decker Bus
      2. Double Decker Bus
    2. Global Articulated Bus Market, By Fuel Use, 2020 - 2030 (USD Million)
      1. Diesel
      2. Hybrid
      3. Electric
    3. Global Articulated Bus Market, By End Use, 2020 - 2030 (USD Million)
      1. City Traffics
      2. Town Traffics
    4. Global Articulated Bus Market, By Geography, 2020 - 2030 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Volvo Group
      2. Daimler AG (Mercedes-Benz)
      3. Scania AB
      4. MAN Truck & Bus
      5. BYD Company Limited
      6. New Flyer Industries
      7. Solaris Bus & Coach
      8. Van Hool NV
      9. Zhongtong Bus Holding Co., Ltd.
      10. Xiamen King Long United Automotive Industry Co., Ltd.
  7. Analyst Views
  8. Future Outlook of the Market

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