Product Code: VMR112114643
The global demand for Express Buses Market is presumed to reach the market size of nearly USD 52.41 Billion by 2032 from USD 28.46 Billion in 2023 with a CAGR of 7.02% under the study period 2024-2032.
Express buses are a public transit service that provides faster and more direct travel between key locations, typically with fewer stops than regular bus routes. They often use dedicated lanes or priority traffic signals to reduce travel time, making them an efficient option for commuters traveling long distances. These buses are commonly used in urban areas to connect suburbs with city centers, major employment hubs, or transit stations. They aim to offer a convenient and time-saving alternative to driving, reducing traffic congestion and promoting public transportation use.
MARKET DYNAMICS
The increasing need for efficient and rapid public transportation solutions in urban areas influences the growth of the express buses market. As cities continue to expand & traffic congestion worsens, express buses offer a practical solution by providing faster and more reliable travel options than regular bus services. The rising fuel prices and environmental concerns are also pushing commuters and governments to seek more sustainable and cost-effective transportation alternatives. These buses, often utilizing dedicated lanes, contribute to reduced travel times and lower emissions, making them an attractive option. The growing investment in public transportation infrastructure, including the development of bus rapid transit (BRT) systems, also supports the expansion of express bus services.
Technological advancements, such as real-time tracking and automated fare collection systems, enhance the efficiency and convenience of express buses, further driving their popularity. Moreover, the increasing urbanization and the need to connect suburban areas with city centers efficiently boost the demand for express bus services. Lastly, the focus on improving the quality of public transport to minimize dependency on private vehicles aligns with market growth. However, urban traffic congestion and funding limitations may challenge the market growth in the coming years.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of Express Buses. The growth and trends of Express Buses industry provide a holistic approach to this study.
MARKET SEGMENTATION
This section of the Express Buses market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Buses
- Standard Express Buses
- Luxury Express Buses
- Sleeper Express Buses
- Mini Express Buses
By Propulsion
- Diesel
- Natural Gas
- Hybrid Electric
- Others
By Application
- Intercity Transportation
- Airport Shuttles
- Tour And Travel Services
- Others
By Ownership
- Private
- Government/Public
REGIONAL ANALYSIS
This section covers the regional outlook, which accentuates current and future demand for the Express Buses market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Express Buses market include Daimler AG, Yutong Bus, Zhongtong Bus, King Long United Automotive, Solaris Bus & Coach, Scania AB, Volvo Buses, Marcopolo, Tata Motors, VDL Bus & Coach, Irizar Group, Xiamen King Long, Gillig Corporation, New Flyer Industries, Motor Coach Industries (MCI), Isuzu Motors, Hino Motors. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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TABLE OF CONTENTS
1. PREFACE
- 1.1. Report Description
- 1.1.1 Objective
- 1.1.2 Target Audience
- 1.1.3 Unique Selling Proposition (USP) & offerings
- 1.2. Research Scope
- 1.3. Research Methodology
- 1.3.1 Market Research Process
- 1.3.2 Market Research Methodology
2. EXECUTIVE SUMMARY
- 2.1. Highlights of Market
- 2.2. Global Market Snapshot
3. EXPRESS BUSES - INDUSTRY ANALYSIS
- 3.1. Introduction - Market Dynamics
- 3.2. Market Drivers
- 3.3. Market Restraints
- 3.4. Opportunities
- 3.5. Industry Trends
- 3.6. Porter's Five Force Analysis
- 3.7. Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Buses
- 3.7.2 Market Attractiveness Analysis By Propulsion
- 3.7.3 Market Attractiveness Analysis By Application
- 3.7.4 Market Attractiveness Analysis By Ownership
- 3.7.5 Market Attractiveness Analysis By Region
4. VALUE CHAIN ANALYSIS
- 4.1. Value Chain Analysis
- 4.2. Raw Material Analysis
- 4.2.1 List of Raw Materials
- 4.2.2 Raw Material Manufactures List
- 4.2.3 Price Trend of Key Raw Materials
- 4.3. List of Potential Buyers
- 4.4. Marketing Channel
- 4.4.1 Direct Marketing
- 4.4.2 Indirect Marketing
- 4.4.3 Marketing Channel Development Trend
5. GLOBAL EXPRESS BUSES MARKET ANALYSIS BY BUSES
- 5.1. Overview By Buses
- 5.2. Historical and Forecast Data
- 5.3. Analysis By Buses
- 5.4. Standard Express Buses Historic and Forecast Sales By Regions
- 5.5. Luxury Express Buses Historic and Forecast Sales By Regions
- 5.6. Sleeper Express Buses Historic and Forecast Sales By Regions
- 5.7. Mini Express Buses Historic and Forecast Sales By Regions
6. GLOBAL EXPRESS BUSES MARKET ANALYSIS BY PROPULSION
- 6.1. Overview By Propulsion
- 6.2. Historical and Forecast Data
- 6.3. Analysis By Propulsion
- 6.4. Diesel Historic and Forecast Sales By Regions
- 6.5. Natural Gas Historic and Forecast Sales By Regions
- 6.6. Hybrid Electric Historic and Forecast Sales By Regions
- 6.7. Others Historic and Forecast Sales By Regions
7. GLOBAL EXPRESS BUSES MARKET ANALYSIS BY APPLICATION
- 7.1. Overview By Application
- 7.2. Historical and Forecast Data
- 7.3. Analysis By Application
- 7.4. Intercity Transportation Historic and Forecast Sales By Regions
- 7.5. Airport Shuttles Historic and Forecast Sales By Regions
- 7.6. Tour And Travel Services Historic and Forecast Sales By Regions
- 7.7. Others Historic and Forecast Sales By Regions
8. GLOBAL EXPRESS BUSES MARKET ANALYSIS BY OWNERSHIP
- 8.1. Overview By Ownership
- 8.2. Historical and Forecast Data
- 8.3. Analysis By Ownership
- 8.4. Private Historic and Forecast Sales By Regions
- 8.5. Government/Public Historic and Forecast Sales By Regions
9. GLOBAL EXPRESS BUSES MARKET ANALYSIS BY GEOGRAPHY
- 9.1. Regional Outlook
- 9.2. Introduction
- 9.3. North America Sales Analysis
- 9.3.1 Overview, Historic and Forecast Data Sales Analysis
- 9.3.2 North America By Segment Sales Analysis
- 9.3.3 North America By Country Sales Analysis
- 9.3.4 United States Sales Analysis
- 9.3.5 Canada Sales Analysis
- 9.3.6 Mexico Sales Analysis
- 9.4. Europe Sales Analysis
- 9.4.1 Overview, Historic and Forecast Data Sales Analysis
- 9.4.2 Europe By Segment Sales Analysis
- 9.4.3 Europe By Country Sales Analysis
- 9.4.4 United Kingdom Sales Analysis
- 9.4.5 France Sales Analysis
- 9.4.6 Germany Sales Analysis
- 9.4.7 Italy Sales Analysis
- 9.4.8 Russia Sales Analysis
- 9.4.9 Rest Of Europe Sales Analysis
- 9.5. Asia Pacific Sales Analysis
- 9.5.1 Overview, Historic and Forecast Data Sales Analysis
- 9.5.2 Asia Pacific By Segment Sales Analysis
- 9.5.3 Asia Pacific By Country Sales Analysis
- 9.5.4 China Sales Analysis
- 9.5.5 India Sales Analysis
- 9.5.6 Japan Sales Analysis
- 9.5.7 South Korea Sales Analysis
- 9.5.8 Australia Sales Analysis
- 9.5.9 South East Asia Sales Analysis
- 9.5.10 Rest Of Asia Pacific Sales Analysis
- 9.6. Latin America Sales Analysis
- 9.6.1 Overview, Historic and Forecast Data Sales Analysis
- 9.6.2 Latin America By Segment Sales Analysis
- 9.6.3 Latin America By Country Sales Analysis
- 9.6.4 Brazil Sales Analysis
- 9.6.5 Argentina Sales Analysis
- 9.6.6 Peru Sales Analysis
- 9.6.7 Chile Sales Analysis
- 9.6.8 Rest of Latin America Sales Analysis
- 9.7. Middle East & Africa Sales Analysis
- 9.7.1 Overview, Historic and Forecast Data Sales Analysis
- 9.7.2 Middle East & Africa By Segment Sales Analysis
- 9.7.3 Middle East & Africa By Country Sales Analysis
- 9.7.4 Saudi Arabia Sales Analysis
- 9.7.5 UAE Sales Analysis
- 9.7.6 Israel Sales Analysis
- 9.7.7 South Africa Sales Analysis
- 9.7.8 Rest Of Middle East And Africa Sales Analysis
10. COMPETITIVE LANDSCAPE OF THE EXPRESS BUSES COMPANIES
- 10.1. Express Buses Market Competition
- 10.2. Partnership/Collaboration/Agreement
- 10.3. Merger And Acquisitions
- 10.4. New Product Launch
- 10.5. Other Developments
11. COMPANY PROFILES OF EXPRESS BUSES INDUSTRY
- 11.1. Top Companies Market Share Analysis
- 11.2. Market Concentration Rate
- 11.3. Daimler AG
- 11.3.1 Company Overview
- 11.3.2 Company Revenue
- 11.3.3 Products
- 11.3.4 Recent Developments
- 11.4. Yutong Bus
- 11.4.1 Company Overview
- 11.4.2 Company Revenue
- 11.4.3 Products
- 11.4.4 Recent Developments
- 11.5. Zhongtong Bus
- 11.5.1 Company Overview
- 11.5.2 Company Revenue
- 11.5.3 Products
- 11.5.4 Recent Developments
- 11.6. King Long United Automotive
- 11.6.1 Company Overview
- 11.6.2 Company Revenue
- 11.6.3 Products
- 11.6.4 Recent Developments
- 11.7. Solaris Bus & Coach
- 11.7.1 Company Overview
- 11.7.2 Company Revenue
- 11.7.3 Products
- 11.7.4 Recent Developments
- 11.8. Scania AB
- 11.8.1 Company Overview
- 11.8.2 Company Revenue
- 11.8.3 Products
- 11.8.4 Recent Developments
- 11.9. Volvo Buses
- 11.9.1 Company Overview
- 11.9.2 Company Revenue
- 11.9.3 Products
- 11.9.4 Recent Developments
- 11.10. Marcopolo
- 11.10.1 Company Overview
- 11.10.2 Company Revenue
- 11.10.3 Products
- 11.10.4 Recent Developments
- 11.11. Tata Motors
- 11.11.1 Company Overview
- 11.11.2 Company Revenue
- 11.11.3 Products
- 11.11.4 Recent Developments
- 11.12. VDL Bus & Coach
- 11.12.1 Company Overview
- 11.12.2 Company Revenue
- 11.12.3 Products
- 11.12.4 Recent Developments
- 11.13. Irizar Group
- 11.13.1 Company Overview
- 11.13.2 Company Revenue
- 11.13.3 Products
- 11.13.4 Recent Developments
- 11.14. Xiamen King Long
- 11.14.1 Company Overview
- 11.14.2 Company Revenue
- 11.14.3 Products
- 11.14.4 Recent Developments
- 11.15. Gillig Corporation
- 11.15.1 Company Overview
- 11.15.2 Company Revenue
- 11.15.3 Products
- 11.15.4 Recent Developments
- 11.16. New Flyer Industries
- 11.16.1 Company Overview
- 11.16.2 Company Revenue
- 11.16.3 Products
- 11.16.4 Recent Developments
- 11.17. Motor Coach Industries (MCI)
- 11.17.1 Company Overview
- 11.17.2 Company Revenue
- 11.17.3 Products
- 11.17.4 Recent Developments
- 11.18. Isuzu Motors
- 11.18.1 Company Overview
- 11.18.2 Company Revenue
- 11.18.3 Products
- 11.18.4 Recent Developments
- 11.19. Hino Motors
- 11.19.1 Company Overview
- 11.19.2 Company Revenue
- 11.19.3 Products
- 11.19.4 Recent Developments
Note - In company profiling, financial details and recent developments are subject to availability or might not be covered in the case of private companies