Global Bus Market Analysis & Industry Forecast 2016-2024 - PowerPoint PPT Presentation

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Global Bus Market Analysis & Industry Forecast 2016-2024

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According to Goldstein Research, global bus market is expected to reach USD 60.62 billion by 2024, growing at a CAGR of 7.90% over the forecast period 2016-2024. The huge population mainly in the developing regions is being facilitated by growing investments in public transportation by the government in order to reduce the number of private vehicles on road and the pollution levels are thus driving the global bus market. – PowerPoint PPT presentation

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Title: Global Bus Market Analysis & Industry Forecast 2016-2024


1
Global Bus Market Outlook
Global Bus Market Outlook 2024 Opportunity
Growth Analysis, 2016-2024
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2
Global Bus Market Outlook
Global Bus Market Share(), By Region-2016-2024
Global Bus Market Size USD (Billion). 2016-2024
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Sample
Source Goldstein Research
Source Goldstein Research
In 2016, Diesel Buses accounted for the highest
market share XX in global Bus market
With Asia Pacific share in 2016, dominated the
global Bus market
Global Bus Market Share (), By Seating
Capacity-2016
Global Bus Market Share (), By Body Type-2016
Global Bus Market Share(), By Fuel Type-2016
Source Goldstein Research
Source Goldstein Research
Source Goldstein Research
Copyright All Rights Reserved, Goldstein
Research
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3
Global Bus Market Outlook
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  • Global demand for buses is projected to advance
    more than seven percent per annum to XX thousand
    units in 2018, twice as fast as the 2008-2013
    rate of increase. Five major trends will drive
    growth. The major one is expansion in the size of
    the global urban population.
  • Global bus and coach manufacturing is in a growth
    cycle, driven by economic growth in the BRIC
    nations. In countries such as China and India,
    car-ownership is low, so demand for public
    transport is high. Comparatively low volumes and
    the number of model variants needed to satisfy
    differing operational needs, mean manufacturing
    efficiencies rely on joint ventures, partnerships
    and modular products.
  • National and local governments play a key role in
    purchasing decisions and influence the market
    through legislation, for example, on emissions
    controls and safety standards. The market
    includes school buses, minibuses, city service
    buses, articulated buses and luxury coaches. In
    the school bus sector, the market in China is
    predicted to grow to between XX thousand and XX
    million school buses nationwide thats massive
    sales potential for bus and coach manufacturers,
    in a sector where demand in mature markets is
    typically in the tens of thousands.
  • Western European chassis manufacturers have
    around 10 of total world registrations, but
    dominate global chassis production. The past two
    years has seen a series of takeovers and JVs,
    particularly in China, India and Russia, as these
    manufacturers seek to secure a role in growth
    markets. There are also some globally-focussed
    coach bodybuilders Brazils MarcoPolo and
    Spains Irizar, for example. MarcoPolo, already a
    partner for Mercedes-Benz, now has a JV with
    Russias Kamaz and Indias Tata Motors.
  • The need to respond to local conditions and
    demands means manufacturers have to be
    ultra-flexible. Manufacturing is focussed on
    modular chassis platforms produced in volumes at
    regional plants, which are then finished by local
    bodybuilding partners. Coach and bus bodybuilding
    is labour-intensive with limited scope for
    automation, so using local labour also helps
    keeps costs down.

Electric and Hybrid Technology
Sample
Autonomous Technology
Automotive Telematics
Rapid Urbanization
Global Bus Market (USD Billion)
North America
Europe
Asia-Pacific
USD Billion
2016
USD Billion
USD Billion
2024
USD Billion
USD Billion
USD Billion
Copyright All Rights Reserved, Goldstein
Research
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Research
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4
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Global Bus Market Size (USD Billion)-2016-2024
Sample
Source Goldstein Research
  • Global Bus Market is anticipated to expand at a
    compound annual growth rate of XX during the
    forecast period i.e. 2016-2024. The market is
    anticipated to reach USD XX billion by the end of
    2024. The latest trend gaining momentum in the
    market is introduction of technology advanced
    modern buses. Further, players in the Bus
    manufacturing industry are focusing on providing
    cost effective and green technologies.
  • Rising government investment in public
    transportation networks, particularly bus rapid
    transit systems, to reduce traffic congestion and
    improve air quality, is another trend. Further
    aspects are growth in the number and size of
    private transportation companies, and the
    climbing worldwide sales of electric, hybrid,
    compressed natural gas (CNG), and liquefied
    natural gas (LNG) models, as many countries adopt
    more stringent emissions standards and as
    environmental considerations grow in importance.
  • The Asia/Pacific region is projected to account
    for more than three-fifths of all new global bus
    demand through 2024. China alone will be
    responsible for nearly half of the global total.
    Growth is expected to pick up in both China and
    India, the regions two largest bus markets,
    after declining moderately during the second part
    of the 2012-2016 period.

5
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Global Bus Market Share (), By Fuel Type,
2016-2024
  • The biggest technology driver over the past two
    years in bus and coach manufacturing has been
    demand for alternative energy sources. Bus and
    coach manufacturers are global leaders in
    development of hybrid vehicle technology, from
    gas-powered buses to biogas, fuel cell and
    hydrogen technology. Globally, national and local
    governments are committed to cleaner air
    strategies in their cities and are committing
    money to research and offering attractive
    incentives to encourage adoption of alternative
    power, from CNG for city buses to hybrid diesel
    electric power on inter-state routes
  • While many of these are still at the
    project/trial phase, CNG-powered buses with their
    characteristic roof-mounted gas tanks are now
    produced in such numbers as to be considered
    mainstream manufacture Volvo Buses began
    commercial production of hybrid buses in 2010 in
    its Polish and Swedish plants, for example.

Sample
Source Goldstein Research
Global Bus Market Y-O-Y Growth, By Fuel Type
2016-2024
Source Goldstein Research
Global Bus Market Size (USD Billion), By Fuel
Type -2016-2024
Source Goldstein Research
6
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Global Bus Market Size (USD Billion), By Electric
Hybrid Buses, 2016-2024
  • China alone will have a global market share of
    more than XX of transit buses with more than
    XX,000 units being acquired. North America for
    example is only projected to buy in the same
    period around XX,000 units. India and Russia also
    have large market shares. Europe and North
    America will have together a market share of less
    than XX and also far lower growth rates than
    other regions worldwide meaning that their
    relative importance in the bus market will
    further decline.
  • Virtues of electric and hybrid technology will
    have to be demonstrated in countries like China
    and India and regions like South America, ASEAN
    and African countries with the largest compound
    growth rate of all regions. Not surprisingly it
    is also expected that Chinese manufacturers such
    as Yutong, Wuzhoulong, Foton, Kinglong and BYD
    are expected to top the global hybrid and
    electric transit bus market with Volvo, ADL and
    Daimler featuring as non-Chinese members of
    leading manufacturers

Sample
Source Goldstein Research
Global Bus Market Y-O-Y Growth, By Electric
Hybrid Buses, 2016-2024
Source Goldstein Research
Major Technological Challenges faced By Electric
and Hybrid Bus Technologies In Developed
Countries- 2016
Source Goldstein Research
7
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Global Bus Market Attractiveness-By End Users,
2016-2024
CAGR ()
Market Size (USD Billion)
Sample
Source Goldstein Research
Water based adhesive segment holds the largest
revenue share in the global Bus market as this
segment constitutes which is impacted by the
rising cognizance among the household users and
thus it is likely to expand at XX CAGR during
the forecast period. Bus market is relying on
the adoption of EHR (Electronic health record)
software by various healthcare facility providers
in order to stand ahead in future. Behavioral
health EHR creates a world of difference to the
staff and patients and goes the extra mile giving
advanced capabilities such as it include support
for documenting violence risk factors, suicide
risk factors, or sadness scales.
Global Bus Market BPS Analysis- By End Users,
2016-2024
Source Goldstein Research
8
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North America Bus Market Size (USD
Billion)-2016-2024
Sample
Source Goldstein Research
North America North America Bus Market Size (USD
Billion), By Body Type, 2016-2024
North America North America Bus Market Size (USD
Billions), By Country-2016-2024
Source Goldstein Research
Source Goldstein Research
9
United States Bus Market Size (USD Billion),
Compound Annual Growth Rate (), Y-O-Y Growth
Rate (), 2016-2024
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Sample
Source Goldstein Research
Smart AR Glasses Unit (Thousand) Shipments
Worldwide From 2016 to 2024
Key Insights
Manufacturing buses for the US transit market has
been a challenging business over the last several
decades. It is a small market with volatile
demand. Over the twenty-year period 1997-2016,
annual spending on buses by US transit agencies
has swung between extremes of USD XX billion and
USD XX billion The total bus stock 2010 is some
XX million units and is expected to rise to
around 18 million units by 2020 and XX million
units by 2030. 2010 around XX of all buses were
operating in China, XX I Korea, X in the US, X
in Russia and X in India being the 5 largest bus
operator countries
Source Goldstein Research
The new electric bus financing options could
become increasingly popular as more, and smaller,
cities review their city transit fleets to figure
out ways to afford to buy electric buses. Most of
the several hundred electric buses currently
driving on the roads in the U.S. were paid for
upfront by large cities such as Seattle, Los
Angeles, and San Francisco that have set
aggressive environmental goals. Currently the
market for electric buses in the U.S. is still in
its early days. Out of XX thousnad buses in city
fleets in the U.S. just XX were electric buses as
of 2017, according to the Bloomberg New Energy
Finance report. That means less than XX percent
of city buses were electrified in the U.S.
10
North America Bus Market Attractiveness-By
Country, 2016-2024
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CAGR ()
Market Size (USD Billion)
Source Goldstein Research
Sample
According to the above graph, U.S. Bus market is
anticipated to be the most attractive market
across all the countries in Bus Market, for new
entrants looking to enter in the market, existing
players looking for business expansion and
investors seeking investment opportunities over
the forecast period i.e. 2016-2024 Demand
depends mainly on the demographic makeup and
growth of the local population. The profitability
of individual companies depends on efficient
operations. Large companies can have advantages
in buying fuel and in maintaining fleets. Small
companies can compete by providing specialized
services. The urban, school, interurban and rural
bus transportation segments are highly
concentrated. The charter and special needs
transportation segments are fragmented.
North America North America Bus Market BPS
Analysis- By Country, 2016-2024
Source Goldstein Research
11
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Daimler AG (Company Overview Business Strategy)
Founded 1926
Website www.daimler.com
Employees 289,321
Headquarters Germany
Major Products
Passenger Cars
Trucks
Vans
Camper Vans
Buses
Services
Company Overview
  • Daimler AG is a German multinational automotive
    corporation. Daimler AG is headquartered in
    Stuttgart, Baden-Württemberg, Germany. As of
    2014, Daimler owned or had shares in a number of
    car, bus, truck and motorcycle brands including
    Mercedes-Benz, Mercedes-AMG, Smart Automobile,
    Detroit Diesel, Freightliner, Western Star,
    Thomas Built Buses, Setra, BharatBenz, Mitsubishi
    Fuso, MV Agusta as well as shares in Denza, KAMAZ
    and Beijing Automotive Group.
  • y unit sales, Daimler is the thirteenth-largest
    car manufacturer and is the largest truck
    manufacturer in the world. Daimler provides
    financial services through its Daimler Financial
    Services arm. The company is a component of the
    Euro Stoxx 50 stock market index.
  • The Daimler AG has a worldwide networks of
    production plants and research centers. The
    following list is a description of all locations
    worldwide that include a Daimler plant, including
    plants for Daimler subsidiaries EvoBus, Daimler
    Trucks North America, Detroit Diesel,
    Freightliner Trucks and Mitsubishi Fuso Truck and
    Bus Corporation.

Sample
Business Strategy
  • Investment Research and Development Daimler
    goal is to continue our global growth in all the
    vehicle segments in which they are represented
    and in the services segment. Daimler want to
    thrill its customers with outstanding products
    and strong brands. The Asia region, and
    especially China, are playing a central role in
    Daimlers car business in particular. Connected,
    Autonomous, Shared Services, Electric through
    the connection of all the future-oriented CASE
    areas, Daimler is transforming itself from an
    automaker into a provider of mobility services.
    Daimler is also shaping intuitive mobility with
    comfortable, user-friendly products and services
    that simplify our customers lives and mobility.

12
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