
Articulated Buses Market Size - By Vehicle (Single-decker, Double-decker), By Propulsion (ICE, Electric), By Application (Intracity, Intercity, Airport Shuttle Services, Tour, Charter Services), By Seating Capacity, By End User & Forecast, 2024 - 2032
Description
Articulated Buses Market Size - By Vehicle (Single-decker, Double-decker), By Propulsion (ICE, Electric), By Application (Intracity, Intercity, Airport Shuttle Services, Tour, Charter Services), By Seating Capacity, By End User & Forecast, 2024 - 2032
Articulated Buses Market size is set to record more than 8% CAGR from 2024 to 2032 due to the increasing launches to meet the urban transportation needs effectively. Articulated buses are incorporating hybrid or electric propulsion systems for improving fuel efficiency and reducing emissions. These buses are also deploying technologies and connectivity features for enhancing passenger comfort and operational efficiency.
As cities expand and the public transportation infrastructure evolves, articulated buses will garner more popularity for providing sustainable and efficient mobility solutions for contributing to enhanced urban mobility and reduced carbon footprints. For instance, in October 2023, Solaris launched the latest model of its Urbino 18 electric articulated bus for showcasing advancements in electric mobility and urban transport efficiency.
The articulated buses industry is segmented into vehicle, propulsion, application, seating capacity, end-user, and region.
By vehicle, the market from the double-decker segment will record a decent growth rate between 2024 and 2032.Double-decker articulated buses are developed to meet urban transportation needs more efficiently. These buses feature two levels to maximize passenger capacity without increasing their footprint on city roads. Furthermore, innovations in design and technology are enhancing comfort, safety, and accessibility for passengers. These buses also offer sustainable and spacious transportation solutions to meet the strong demand for efficient public transit options.
In terms of application, the articulated buses market from the intercity segment is anticipated to witness significant CAGR from 2024-2032, owing to the growing demand for efficient long-distance transportation. These buses are incorporating advanced features like enhanced comfort amenities, Wi-Fi connectivity, and spacious seating arrangements to cater to passenger needs during extended journeys. As intercity travel patterns are evolving and environmental concerns intensify, these buses will be preferred for providing sustainable and comfortable transportation solutions for travelers between cities.
North America articulated buses industry size will record significant CAGR through 2032 due to the rising demand for public transport and population growth in urban areas. Articulated buses are increasingly favored for their capacity to accommodate more passengers efficiently for reducing congestion and improving transportation accessibility. Rising innovations for enhancing energy efficiency with advancements in hybrid or electric propulsion systems for addressing environmental concerns while meeting increasing passenger demands will drive the product demand in the region.nbsp
Table of Contents
260 Pages
- Chapter 1 Methodology & Scope
- 1.1 Research design
- 1.1.1 Research approach
- 1.1.2 Data collection methods
- 1.2 Base estimates and calculations
- 1.2.1 Base year calculation
- 1.2.2 Key trends for market estimates
- 1.3 Forecast model
- 1.4 Primary research & validation
- 1.4.1 Primary sources
- 1.4.2 Data mining sources
- 1.5 Market definitions
- Chapter 2 Executive Summary
- 2.1 Industry 360 degree synopsis, 2021 - 2032
- Chapter 3 Industry Insights
- 3.1 Industry ecosystem analysis
- 3.2 Supplier landscape
- 3.2.1 Raw material suppliers
- 3.2.2 Automotive parts manufacturer
- 3.2.3 Automakers/Manufacturers (OEMs)
- 3.2.4 Technology providers
- 3.2.5 Dealers/Distributors
- 3.2.6 End-users
- 3.3 Profit margin analysis
- 3.4 Technology & innovation landscape
- 3.5 Patent analysis
- 3.6 Key news & initiatives
- 3.7 Regulatory landscape
- 3.8 Impact forces
- 3.8.1 Growth drivers
- 3.8.1.1 Rising urban populations demand efficient transit
- 3.8.1.2 Low-floor designs enhance passenger accessibility
- 3.8.1.3 Spacious interiors offer comfortable travel experiences
- 3.8.1.4 Subsidies and incentives promote articulated bus adoption
- 3.8.2 Industry pitfalls & challenges
- 3.8.2.1 Higher maintenance expenses due to complex design
- 3.8.2.2 Requires specific infrastructure for operation
- 3.9 Growth potential analysis
- 3.10 Porter's analysis
- 3.11 PESTEL analysis
- Chapter 4 Competitive Landscape, 2023
- 4.1 Introduction
- 4.2 Company market share analysis
- 4.3 Competitive positioning matrix
- 4.4 Strategic outlook matrix
- Chapter 5 Market Estimates & Forecast, By Vehicle 2018 - 2032 ($Bn, Units)
- 5.1 Key trends
- 5.2 Single-decker
- 5.3 Double-decker
- Chapter 6 Market Estimates & Forecast, By Propulsion, 2018 - 2032 ($Bn, Units)
- 6.1 Key trends
- 6.2 ICE
- 6.2.1 Diesel
- 6.2.2 CNG
- 6.3 Electric
- 6.3.1 BEV
- 6.3.2 HEV
- Chapter 7 Market Estimates & Forecast, By Application, 2018 - 2032 ($Bn, Units)
- 7.1 Key trends
- 7.2 Intracity
- 7.2.1 ICE
- 7.2.2 Electric
- 7.3 Intercity
- 7.3.1 ICE
- 7.3.2 Electric
- 7.4 Airport shuttle services
- 7.4.1 ICE
- 7.4.2 Electric
- 7.5 Tour and charter services
- 7.5.1 ICE
- 7.5.2 Electric
- Chapter 8 Market Estimates & Forecast, By Seating Capacity, 2018 - 2032 ($Bn, Units)
- 8.1 Key trends
- 8.2 Low capacity
- 8.3 High capacity
- Chapter 9 Market Estimates & Forecast, By End-users, 2018 - 2032 ($Bn, Units)
- 9.1 Key trends
- 9.2 Public transit authorities
- 9.3 Private transportation companies
- 9.4 Tour operators
- Chapter 10 Market Estimates & Forecast, By Region, 2021 - 2032 ($Mn, Units)
- 10.1 Key trends
- 10.2 North America
- 10.2.1 U.S.
- 10.2.2 Canada
- 10.3 Europe
- 10.3.1 UK
- 10.3.2 Germany
- 10.3.3 France
- 10.3.4 Italy
- 10.3.5 Russia
- 10.3.6 Spain
- 10.3.7 Rest of Europe
- 10.4 Asia Pacific
- 10.4.1 China
- 10.4.2 Japan
- 10.4.3 India
- 10.4.4 South Korea
- 10.4.5 Australia
- 10.4.6 Southeast Asia
- 10.4.7 Rest of Asia Pacific
- 10.5 Latin America
- 10.5.1 Brazil
- 10.5.2 Mexico
- 10.5.3 Argentina
- 10.5.4 Rest of Latin America
- 10.6 MEA
- 10.6.1 UAE
- 10.6.2 South Africa
- 10.6.3 Saudi Arabia
- 10.6.4 Rest of MEA
- Chapter 11 Company Profiles
- 11.1 Alexander Dennis Limited
- 11.2 Anhui Ankai Automobile Co., Ltd.
- 11.3 Ashok Leyland
- 11.4 BYD Company Limited
- 11.5 Daimler AG
- 11.6 Gillig Corporation
- 11.7 Higer Bus Company Limited
- 11.8 Iveco
- 11.9 MAN Truck & Bus
- 11.10 Marcopolo S.A.
- 11.11 New Flyer Industries
- 11.12 Scania AB
- 11.13 Solaris Bus & Coach
- 11.14 Tata Motors
- 11.15 TEMSA Global
- 11.16 Van Hool NV
- 11.17 VDL Groep
- 11.18 Volvo Group
- 11.19 Yutong Group
- 11.20 Zhongtong Bus Holding Co., Ltd.
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