Bus Market

Electric buses will find traction across major regions driven by emission regulations, battery price drop, the emergence of low emission zones, purchase subsidy, and tax exemptions. The growing adoption of electric transit buses has enabled global sourcing and supply chain for alternate powertrain buses. The market is witnessing strong collaborati...

11 Jan 2021  |  North America  |  Mega Trends

Technology Innovation Driving the Transformation of the US Electric Commercial Vehicle Market

Government Incentives and Charging Infrastructure Development by Public and Private Entities to Boost Uptake of Electric Buses and Trucks

Infographics

×

The medium-duty and heavy-duty truck and bus markets in the US are expected to show strong recovery following the major dip in 2020 due to the dire impacts of the COVID-19 crisis on production and sales. However, the crisis is forecast to have a relatively lower impact on the electric truck and bus markets. The electric bus segment shows a slight d...

11 Dec 2020  |  South Asia, Middle East & North Africa  |  Mega Trends

Intense Competition among Dealers and Distributors Reshaping the Gulf Cooperation Council (GCC) Bus Industry

Government Efforts and Initiatives to Develop Infrastructure and Boost Tourism Fuel Growth Strategies

Infographics

×

Key Issues Addressed

The GCC bus industry is expected to grow at a compound annual growth (CAGR) of 3.6% by 2025. Industry sales have been severely impacted by the economic downturn, resulting from decline in oil prices due to the OPEC Agreement. Moreover, the COVID-19 pandemic is having a major effect on GCC bus industry sales, which are estimated to decline by 19% in...