Global Bus Chassis Market size was valued at USD 1.65 Billion in 2022 and is expected to grow at a CAGR of 3.4 percent from 2023 to 2029 to reach USD 2.09 Billion.
Bus Chassis Market Overview:
The Bus Chassis Market research provides a full competition picture, including market share and company profiles of the major players in the worldwide industry. The scope of the research covers a complete examination of the Bus Chassis Market, as well as the causes for variances in the industry's growth in different areas.
Market Scope:
To locate and collect material appropriate for this study, this research study makes considerable use of secondary sources, directories, and databases such as annual reports, press releases, journals, corporate websites, and databases.
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Dynamics:
According to studies by the United Nations Economic Commission for Europe, there is a greater likelihood that passengers will be harmed or crushed the smaller the remaining safety room for passengers is when the bus overturns. Therefore, governments and bus chassis producers are investing in research and development to provide inventive and technologically cutting-edge bus chassis tailored to the safety and comfort requirements of the driver and passengers.
Segmentation:
by Type
1.Single Axle Bus Chassis
2.Multi Axle Bus Chassis
1.1.Twin-axle bus chassis
1.2.Tri-axle bus chassis
1.3.Quad-axle bus chassis
by Chassis Frame
1.Ladder Frame Bus Chassis
2.Tubular Space Bus Chassis
by Propulsion Type
1.Petrol Engine
2.Diesel Engine
3.CNG
4.Electric
by End-User
1.Urban Buses
2.Rural Buses
3.School Buses
4.Intercity Buses
5.Articulated Buses
6.Double Decker Buses
7.Single Decker Buses
8.Trolley Buses
9.Low Floor Buses
by Sales Channel
1. Online
2.Offline
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Key Players: The entire approach involves a review of the financial reports of the major market participants. Following the determination of the overall market size, the complete market was divided into many segments and sub-segments and checked with key industry professionals such as CEOs, VPs, directors, and marketing executives. The major players in the Bus Chassis Market are
2. AB Volvo
3. Volkswagen Group
4. Ruili Science and Technology Company Limited of Peking
5. Shiyan Yunlihong Industrial & Trade Co., Ltd.
6.Corbeil Bus Corporation
7.Guangxi Nanning Vision Mechanical & Electrical Co., Ltd.
8. Thomas Built Buses, Inc.
9. Wayne Corporation
10.IC BUS
11. HESS
12.IVECO
13. Yutong Australia
14. Blue Bird
15. Daimler Buses
16.MAN Truck & Bus
Regional Analysis: The region portion of the Bus Chassis Market study also includes individual market affecting elements and changes in legislation in the market that affect present and future market trends. Current and future trends are discussed in order to estimate the entire market potential and to highlight profitable trends in order to obtain a firmer footing. Geographic market assessment is based on the existing scenario and predicted developments.
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COVID-19 Impact Analysis on Bus Chassis Market:
Following the outbreak of the pandemic, end-user sectors where Bus Chassis Market are used had a fall in growth from January to May in a variety of countries, including China, Italy, Germany, the United Kingdom, the United States, Spain, France, and India, due to a suspension in operations. This resulted in a major decrease in the revenues of firms operating in these industries and, as a consequence, in demand for Bus Chassis Market manufacturers, influencing the growth of the Bus Chassis Market in 2020. With lockdowns and a rising number of COVID-19 cases throughout the world, the demand for Bus Chassis Market from end-user businesses has decreased significantly.
Key Questions answered in the Bus Chassis Market Report are:
- Which are the major companies in the Bus Chassis Market?
- Which is the potential market for Bus Chassis Market in terms of the region?
- What are the opportunities for new market entrants?
- What is expected to drive the growth of the market in the next seven years?
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