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Report
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
Market Report I 2024-04-29 I 260 Pages I Global Market Insights
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
Report Content
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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