Asia-Pacific Bus Market By Application (Transit Buses, Motor Coaches & School Buses/Others), By Length, By Seating Capacity, By Fuel Type, By Body Type (Fully Built Vs. Customizable), By Country, Competition Forecast & Opportunities, 2012 – 2022
According to “Asia-Pacific Bus Market By Application, By Length, By Seating Capacity, By Fuel Type, By Body Type, By Country, Competition Forecast & Opportunities, 2012 – 2022” bus market is forecast to grow at a CAGR of 7.09% by 2022, on the back of growing population and urbanization in the region. Moreover, favorable government policies and initiatives such as subsidies to promote the use of clean fuel vehicles in the region are expected to positively influence the region’s bus market during the forecast period. Upcoming smart city projects, increasing pollution and growing demand for public transportation systems are anticipated to boost demand for buses in Asia-Pacific through 2022. Some of the major players operating in Asia-Pacific bus market are Ashok Leyland Limited, Isuzu Motors, Hino Motors, Anhui Ankai Automobile Co., Ltd., Beiqi Foton Motor Co., Ltd., Xiamen Golden Dragon Bus Co., Tata Motors Limited, Xiamen King Long United Automotive Industry Co. Ltd., Zhengzhou Yutong Bus Co., Ltd., Toyota Motor Corporation, etc. “Asia-Pacific Bus Market By Application, By Length, By Seating Capacity, By Fuel Type, By Body Type, By Country, Competition Forecast & Opportunities, 2012 – 2022” discusses the following aspects of bus market in APAC:
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