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Global Articulated Bus Market 2017-2021

Global Articulated Bus Market 2017-2021

About Articulated Bus

Currently, the articulated bus market is in the growth stage and is witnessing a high adoption. Developed regions like Europe and North America are witnessing the adoption of articulated buses owing to the growing demand for high passenger capacity and emission control measures. In addition, articulated buses are gaining traction in emerging markets like India and China. The push for environmental-friendly vehicles led to the development of hybrid and all-electric articulated buses. These buses are witnessing a higher adoption in Europe and China.

Technavio’s analysts forecast the global articulated bus market to grow at a CAGR of 20.12% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global articulated bus market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of articulated bus.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Articulated Bus Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Daimler
  • MAN
  • Solaris Bus & Coach
  • Volvo
Other prominent vendors
  • Ashok Leyland
  • BYD
  • New Flyer
  • Otokar
  • Scania
  • Tata Motors
Market driver
  • Improved battery technology along with declining prices of Li-ion batteries is leading to adoption of electric buses
  • For a full, detailed list, view our report
Market challenge
  • Rising cost pressure on the automotive OEMs
  • For a full, detailed list, view our report
Market trend
  • Growing popularity of articulated bus over conventional bus
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Articulated Bus Market 2017-2021

Technavio recognizes the following companies as the key players in the global articulated bus market: Daimler, MAN, Solaris Bus & Coach, and Volvo

Other Prominent Vendors in the market are: Ashok Leyland, BYD, New Flyer, Otokar, Scania, and Tata Motors

Commenting on the report, an analyst from Technavio’s team said: “Bus transit is gaining popularity across the world as transit modes like light rail schemes require a high investment. The bus transit is seen as a cost-effective solution to address urban transport needs like comfort, reliability, accessibility, and ease of use. This is leading to the demand for high-capacity buses, particularly articulated buses. The articulated bus features more doors and a greater proportion of step-free access, which makes the articulated buses superior to their non-articulated counterparts.”

According to the report, since EVs are powered and driven by battery-powered systems, the improvement in the battery technology is one of the most important factors for the global EV market. There have been a number of improvements in the technology of battery electric vehicles, making them more desirable to the consumer. For example, advances in Li-ion batteries has made them comparatively lightweight with a long lifespan compared with conventional lead-acid and VRLA batteries.

Further, the report states that auto OEMs are subject to heavy cost pressures every day due to the dynamism in the regulatory environment and a demanding consumer base. Environment and safety standards are pressurizing OEMs to find means to comply with regulations, while not transmitting additional costs to the consumers. Controlling emissions are bound to increase the cost of the vehicle. For instance, according to National Automobile Dealers Association, the US CAFE Standards (that became effective in 2016) may hike the manufacturing cost of a vehicle by $1,000. In addition, to suit lower emission standards, OEMs are expected to develop drivetrain technologies. Also, dynamism in standards will further affect the cost of R&D and production processes. Furthermore, consumers demand advanced features at competitive prices, which adds to the cost pressure of already cost-pressurized OEMs.

Find more reports on related topics - https://www.spendedge.com/

Companies Mentioned

Daimler, MAN, Solaris Bus & Coach, Volvo, Ashok Leyland, BYD, New Flyer, Otokar, Scania, and Tata Motors

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Key market highlights
      • Table Global commercial vehicles market 2016-2021 (units in millions)
    • Transit systems
      • Table Transit system categories
    • Transit modes
    • Types of buses
    • Articulated bus: Market dynamics
    • Value chain analysis
      • Table Value chain analysis of articulated bus
  • Market landscape
    • Market overview
      • Table Segmentation of articulated bus market
    • Market size and forecast
      • Table Global articulated bus market 2016-2021 (units in thousands)
      • Table Articulated bus types
    • Five forces analysis
      • Table Five forces analysis
  • Geographical segmentation
    • Global articulated bus market by geography
      • Table Global articulated bus market by geography 2016 and 2021
      • Table Global articulated bus market by geography 2016-2021 (%)
    • Articulated bus market in EMEA
      • Table Articulated bus market in EMEA 2016-2021 (units in thousands)
    • Articulated bus market in Americas
      • Table Articulated bus market in Americas 2016-2021 (units in thousands)
    • Articulated bus market in APAC
      • Table Articulated bus market in APAC 2016-2021 (units in thousands)
      • Table China share in global hybrid bus market 2015
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Number of cities with BRT systems by national settings
      • Table Estimated emission as per vehicle type
      • Table Ways to reduce emissions at production phase of EVs
      • Table Fuel economy standards for dominant automotive regions
    • Market challenges
  • Market trends
    • Growing popularity of articulated bus over conventional bus
    • Ultra-capacitors in hybrid bus energy storage system
      • Table Energy storage comparison of UC and Li-ion battery
    • Development in swivel joint giving stability and safety to articulated bus
    • Growing popularity of all-electric articulated bus
    • Automotive OEMs in EVs segment covering the most levels of value chain and production of inhouse electric motors
  • Vendor landscape
    • Competitive benchmarking
      • Table Global articulated bus vendors
    • Other prominent vendors
      • Table Other prominent vendors
  • Key vendor analysis
    • Daimler
      • Table Daimler: Business segmentation by revenue 2015
      • Table Daimler: Business revenue 2014 and 2015 ($ billions)
      • Table Daimler: Geographical segmentation by revenue 2015
      • Table Daimler: Recent developments
    • MAN
      • Table MAN: Business segmentation by revenue 2015
      • Table MAN: Business revenue 2014 and 2015 ($ billions)
      • Table MAN: Geographical segmentation by revenue 2015
      • Table MAN: Product portfolio
      • Table MAN: Recent developments
    • Solaris Bus & Coach
      • Table Solaris Bus & Coach: Product portfolio
      • Table Solaris Bus & Coach: Recent developments
    • Volvo
      • Table Volvo: Business segmentation by revenue 2015
      • Table Volvo: Business revenue 2014 and 2015 ($ billions)
      • Table Volvo: Geographical segmentation by revenue 2015
      • Table Volvo: Product portfolio
      • Table Volvo: Recent developments
  • Appendix
    • List of abbreviations
  • Explore Technavio

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