Global Bus Chassis Market Size study & Forecast, by BusType, by Bus Axle, by Chassis Frame, by Propulsion, and Regional Analysis, 2023-2030, Covid 19 Outbreak Impact research report added by Report Ocean, is an in-depth analysis of market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider Bus Chassis market, and compares it with other markets., market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, Bus Chassis market size forecast, market data & Graphs and Statistics, Tables, Bar &Pie Charts, and many more for business intelligence. Get the whole report, which includes a chart and more than 100 tables and figures. – Comprehensive Analysis of COVID-19 Market Outbreak Impact and Regional Situation
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Key Segments Studied in the Global Bus Chassis Market
Global Bus Chassis Market is valued at approximately USD 1.8 billion in 2022 and is anticipated to grow with a growth rate of more than 3.1% over the forecast period 2023-2030. The chassis refers to the load-bearing part of a car’s frame and provides base structure support to the body, batteries, fuel tank, engine and gives necessary strength and stability to carry the load of the vehicle. The increased popularity of electric buses and increased demand for public transportation infrastructure are the key factors responsible for the market growth of the Bus Chassis Market over the forecast period 2023-2030.
According to Statista, in 2022, the global sale of commercial vehicles was estimated at 24.1 million. The United States is the world’s largest market for commercial vehicles, with sales amounting to over 12 million units in 2021. The increased demand for public transportation infrastructure is one of the primary reasons for the growth of the market. Also, increased government funding for manufacturing electric buses will accelerate market growth. For instance, in May 2022, The U.S. Department of Energy (DOE) announced up to $45 million in funding to support the domestic development of advanced batteries for electric vehicles. Moreover, technical innovation to enhance fuel efficiency, smart features, and rising urbanization are anticipated to create a positive outlook for the market. However, the high consumption of fuel due to the heavier weight of the vehicle stifle market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Bus Chassis Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific dominated the market in terms of revenue owing to factors such as increased demand for public transportation, rapid urbanization and increased investment by the government or transportation companies that will create market growth in this region. North America is the fastest-growing region due to rising demand for electric buses in the region.
Major market players included in this report are:
Alexander Dennis Limited
Ashok Leyland Limited
BYD Company Limited
Daimler AG Gillig LLC Hino Motors, Ltd.
King Long United Automotive Industry Co., Ltd.
MAN Truck & Bus SE
New Flyer Industries, Inc.
Scania AB
Solaris Bus & Coach S.A.,
Zhongtong Bus Holding Co, Ltd
Recent Developments in the Market:
In August 2022, Ashok Leyland, the flagship of the Hinduja Group launched its innovative 13.5m bus chassis at Prawaas 3.0, this bus chassis provides maximum space and comfort and is designed specifically for fast intercity travel.
Global Bus Chassis Market Report Scope:
Historical Data: 2020 – 2021
Base Year for Estimation: 2022
Forecast period: 2023-2030
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Bus Type, Bus Axle, Chassis Frame, Propulsion, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope: Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Bus Type:
Public Transit Bus Chassis
Private Transit Bus Chassis
Corporate Bus Chassis
School & College Bus Chassis
Special Purpose Bus Chassis
By Bus Axle:
Single Axle Bus Chassis
Multi Axle Bus Chassis
By Chassis Frame:
Ladder Frame Bus Chassis
Tubule Space Bus Chassis
By Propulsion
Diesel Engine
CNG
Electric
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa
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In-Depth Qualitative COVID 19 Outbreak Impact Analysis Include Identification And Investigation Of The Following Aspects: Market Structure, Growth Drivers, Restraints and Challenges, Emerging Product Trends & Market Opportunities, Porter’s Fiver Forces. The report also inspects the financial standing of the leading companies, which includes gross profit, revenue generation, sales volume, sales revenue, manufacturing cost, individual growth rate, and other financial ratios. The report basically gives information about the Market trends, growth factors, limitations, opportunities, challenges, future forecasts, and details about all the key market players.
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Key Points Covered in Bus Chassis Market Report:
The major point covered in the Table of Contents:
Executive Summary: Provides a concise overview of the report, highlighting the key findings and recommendations.
Introduction: Sets the context for the report, including the scope, objectives, and methodology.
Market Overview: Offers a comprehensive overview of the market, including definitions, market segmentation, and key market trends.
Market Dynamics: Explores the factors driving the market growth, such as market drivers, restraints, opportunities, and challenges.
Market Analysis: Provides a detailed analysis of the market, including market size, market share, and growth projections.
Market Segmentation: Breaks down the market into various segments based on factors such as product type, application, and geography.
Competitive Landscape: Analyzes the competitive scenario in the market, including the profiles of key players, their market strategies, and recent developments.
Market Research Findings: Presents the findings of the research study, including insights and data analysis.
Market Outlook and Forecast: Provides a forecast of the market’s future trends and growth prospects.
Conclusion: Summarizes the key points discussed in the report and offers concluding remarks.
Appendices: Includes additional information such as research methodology, data sources, and glossary of terms.
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