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The global bus industry market report represents statistical data regarding the mekret size, key players, competitive analysis, share, deman, and opportunity assessment. The bus industry is expected to reach USd 60.62 billion with a CAGR of 7.90% during the forecast years 2016-2024"
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Bus Market Global Bus Market Outlook 2024: Opportunity & Growth Analysis, 2016-2024 99 Wall Street, Suite No:- 527, New York, NY 10005 United States of America Office No:- 504, 5th Floor, C-51, BSI Business Park, Sector-62, Noida, PIN:- 201301 India Report Code :T1335 www.goldsteinresearch.com +1-646-568-7747 +1-437-886-1181 +44-203-318-6627 +91-120-473-0422, +91-991-071-6331 sales@goldsteinresearch.com Published By: Goldstein Research Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com
Bus Market Trends And Opportunities In Bus Market The global economic recovery played a significant role in the performance of the Bus Market. The global GDP growth went from XX per cent in 2016 to XX per cent in 2017. Consequently that lead to an increase in the disposable income for travellers, especially in developing countries. We can certainly argue that the increase in the buying power of consumers, combined with low-cost airfares in the airline industry, directly influenced the growth in the Bus market. Still Bus companies cannot rely only on global economic growth for future success. Sample Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com
Bus Market • Technology Innovation • Bus has been keeping Bus companies on their toes for a few years now. • At the same time, it pushed them to expand and find opportunities in this shift in customer trends. Offering Bus by the hour was one of the first resolutions that the leading Bus companies implemented. which resulted in taking a share of the new demand. • Car-sharing is a recent phenomenon in developing countries, only taking root within the last three years. Although there are few car-sharing operators in developing countries, the number of systems is growing. • Car-sharing is most active in Central and South America, which has five systems in operation, and in Turkey, with three small systems. Following those two areas, China currently has two car-sharing operators, while Zoom will mark the first car-sharing operation in India Request Sample Sample Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com
Bus Market Request Sample The green vehicle Shifting the focus to green vehicles will not only give a more economical alternative to customers, but will contribute to a bigger cause – increasing awareness about pollution and the negative effects it has on the environment. For some Bus companies, this step might be as an alternative to higher device prices. Impact Analysis:- Bus is still at its nascent stage, though some major brands have begun to realize and leverage its potential as a mass media platform. However, the public unawareness of Bus is still one of the biggest challenges faced by this technology. Sample Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com
Bus Market Request Sample • The biggest technology driver over the past two years in bus and coach manufacturing has been demand for alternative energy sources. • Bus and coach manufacturers are global leaders in development of hybrid vehicle technology, from gas-powered buses to biogas, fuel cell and hydrogen technology. • Globally, national and local governments are committed to cleaner air strategies in their cities and are committing money to research and offering attractive incentives to encourage adoption of alternative power, from CNG for city buses to hybrid diesel electric power on inter-state routes • While many of these are still at the project/trial phase, CNG-powered buses with their characteristic roof-mounted gas tanks are now produced in such numbers as to be considered mainstream manufacture – Volvo Buses began commercial production of hybrid buses in 2010 in its Polish and Swedish plants, for example. Sample Source: Goldstein Research Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com
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