Global demand for buses is projected to advance 5.3 percent annually to 664,000 units in 2018. The Asia/Pacific region will remain the dominant market, while the Africa/Mideast region will grow the fastest. Motor coaches will outpace other types based on increasing private sector use, and on their greater comfort, safety and onboard services.This study analyzes the 512,000 unit global bus market. It presents historical demand data (2003, 2008 and 2013) and forecasts (2018 and 2023) by product (e.g., motor coaches, transit buses), fuel type, world region, and for 18 countries.The study also considers market environment factors, details industry structure, evaluates company market share, and profiles 39 industry participants, including Zhengzhou Yutong Bus, Daimler, and Xiamen King Long Motor.
Freedonia Market Research—Reports provide industry insights targeting market size, product and market segmentation, product and market forecasts, industry composition, market leaders and business trends.
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