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Europe bus and coach market registered around USD5101.92 million in 2021 and is estimated to reach USD6809.06 million in 2027, advancing with a CAGR of 4.44% in the next five years. Click : https://bit.ly/37ZQiux
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2017–2027 EUROPE BUS AND COACH MARKET Forecast and Opportunities www.techsciresearch.com MARKET INTELLIGENCE. CONSULTING
Table of Contents S. No. Contents 1. Product Overview 2. Research Methodology 3. Executive Summary 4. Voice of Customer 3.1. Factors Influencing Purchase Decision 3.2. Aided and Unaided Brand Recall 3.3. Brand Satisfaction Level 5. Europe Bus And Coach Market Outlook 5.1. Market Size & Forecast 5.1.1. By Value & Volume 5.2. Market Share & Forecast 5.2.1. By Vehicle Type (Bus and Coach) 5.2.1.1. By Bus Type (Intercity Bus and Intracity Bus) 5.2.2. By Length (6-8m, 8-10m, 10-12m, Above 12m) 5.2.3. By Seating Capacity (Up to 30, 31-40, 41-50 and Above 50) 5.2.4. By Fuel Type (Diesel, Petrol/Gasoline, Alternative Fuel, Electric, Hybrid and Fuel Cell) 5.2.5. By Body Type (Fully Built and Customizable Body) By Country (France, Germany, United Kingdom, Italy, NORDIC Countries, Spain, Belgium, Switzerland, Portugal, Netherlands, Rest of Europe) 5.2.6. 5.2.7. By Company (2021) Market Map, (By Vehicle Type, By Bus Type, By Length, By Seating Capacity, By Fuel Type, By Body Type, By Country) 5.3. 2 2 © TechSci Research Automotive
Table of Contents S. No. Contents 6. France Bus and Coach Market Outlook 6.1. Market Size & Forecast 6.1.1. By Value & Volume 6.2. Market Share & Forecast 6.2.1. By Vehicle Type 6.2.1.1. By Bus Type 6.2.2. By Length 6.2.3. By Seating Capacity 6.2.4. By Fuel Type 6.2.5. By Body Type 6.2.6. By Company 6.3. Pricing Analysis 7. Germany Bus and Coach Market Outlook 7.1. Market Size & Forecast 7.1.1. By Value & Volume 7.2. Market Share & Forecast 7.2.1. By Vehicle Type 7.2.1.1. By Bus Type 7.2.2. By Length 3 3 © TechSci Research Automotive
Table of Contents S. No. Contents 7.2.3. By Seating Capacity 7.2.4. By Fuel Type 7.2.5. By Body Type 7.2.6. By Company 7.3. Pricing Analysis 8. United Kingdom Bus and Coach Market Outlook 8.1. Market Size & Forecast 8.1.1. By Value & Volume 8.2. Market Share & Forecast 8.2.1. By Vehicle Type 8.2.1.1. By Bus Type 8.2.2. By Length 8.2.3. By Seating Capacity 8.2.4. By Fuel Type 8.2.5. By Body Type 8.2.6. By Company 8.3. Pricing Analysis 4 4 © TechSci Research Automotive
Table of Contents S. No. Contents 9. Italy Bus and Coach Market Outlook 9.1. Market Size & Forecast 9.1.1. By Value & Volume 9.2. Market Share & Forecast 9.2.1. By Vehicle Type 9.2.1.1. By Bus Type 9.2.2. By Length 9.2.3. By Seating Capacity 9.2.4. By Fuel Type 9.2.5. By Body Type 9.2.6. By Company 9.3. Pricing Analysis 10. NORDIC Countries Bus and Coach Market Outlook 10.1. Market Size & Forecast 10.1.1. By Value & Volume 10.2. Market Share & Forecast 10.2.1. By Vehicle Type 10.2.1.1. By Bus Type 10.2.2. By Length 5 5 © TechSci Research Automotive
Table of Contents S. No. Contents 10.2.3. By Seating Capacity 10.2.4. By Fuel Type 10.2.5. By Body Type 10.2.6. By Company 10.3. Pricing Analysis 11. Spain Bus and Coach Market Outlook 11.1. Market Size & Forecast 11.1.1. By Value & Volume 11.2. Market Share & Forecast 11.2.1. By Vehicle Type 11.2.1.1. By Bus Type 11.2.2. By Length 11.2.3. By Seating Capacity 11.2.4. By Fuel Type 11.2.5. By Body Type 11.2.6. By Company 11.3. Pricing Analysis 6 6 © TechSci Research Automotive
Table of Contents S. No. Contents 12. Belgium Bus and Coach Market Outlook 12.1. Market Size & Forecast 12.1.1. By Value & Volume 12.2. Market Share & Forecast 12.2.1. By Vehicle Type 12.1.1. By Bus Type 12.2.2. By Length 12.2.3. By Seating Capacity 12.2.4. By Fuel Type 12.2.5. By Body Type 12.2.6. By Company 12.3. Pricing Analysis 13. Switzerland Bus and Coach Market Outlook 13.1. Market Size & Forecast 13.1.1. By Value & Volume 13.2. Market Share & Forecast 13.2.1. By Vehicle Type 13.2.1.1. By Bus Type 13.2.2. By Length 7 7 © TechSci Research Automotive
Table of Contents S. No. Contents 13.2.3. By Seating Capacity 13.2.4. By Fuel Type 13.2.5. By Body Type 13.2.6. By Company 13.3. Pricing Analysis 14. Portugal Bus and Coach Market Outlook 14.1. Market Size & Forecast 14.1.1. By Value & Volume 14.2. Market Share & Forecast 14.2.1. By Vehicle Type 14.2.1.1. By Bus Type 14.2.2. By Length 14.2.3. By Seating Capacity 14.2.4. By Fuel Type 14.2.5. By Body Type 14.2.6. By Company 14.3. Pricing Analysis 8 8 © TechSci Research Automotive
Table of Contents S. No. Contents 15. Netherlands Bus and Coach Market Outlook 15.1. Market Size & Forecast 15.1.1. By Value & Volume 15.2. Market Share & Forecast 15.2.1. By Vehicle Type 15.2.1.1. By Bus Type 15.2.2. By Length 15.2.3. By Seating Capacity 15.2.4. By Fuel Type 15.2.5. By Body Type 15.2.6. By Company 15.3. Pricing Analysis 16. Market Dynamics 16.1. Drivers 16.2. Challenges 17. Market Trends and Developments 18. Impact of COVID-19 on Europe Bus and Coach Market 9 9 © TechSci Research Automotive
Table of Contents S. No. Contents 19. Competitive Landscape 19.1. Competition Outlook 19.2. Company Profiles 19.2.1. Mercedes-Benz AG (Daimler AG) 19.2.2. IVECO S.p.A. 19.2.3. MAN Truck & Bus SE 19.2.4. Scania AB 19.2.5. AB Volvo 19.2.6. EvoBus GmbH (Setra) 19.2.7. Temsa Skoda Sabanci Ulaşim Araçlari A.Ş. 19.2.8. Alexander Dennis Limited 19.2.9. Solaris Bus & Coach Sp. Z o.o 19.2.10. Wrightbus 20. Strategic Recommendations 21. About Us & Disclaimer 10 10 © TechSci Research Automotive
Scope of Report Product of Interest (POI): Bus and Coach An automotive bus or a motor bus is a road vehicle designed to carry a group of people, usually more than 15 passengers. It consists of a long body design and specially arranged seats and is driven by an internal combustion engine or electric motor. Its length usually varies from six meters to above 12 meters. On the other hand, coaches are the luxurious buses usually used for long-distance traveling and are above 12 meters in length. Nowadays, apart from petrol or diesel, alternative fuel-powered buses and coaches are also being manufactured. Market Segmentation FUEL TYPE COUNTRY LENGTH • 6-8 m Diesel EUROPE BUS AND COACH MARKET • France • Year Range 8-10 m • Electric • Germany • 10-12 m • Alternative Fuel • United Kingdom • Above 12 m • Hybrid • Italy • Review Period Fuel Cell Electric • Spain • SEATING CAPACITY 2017 – 2020 Vehicle (FCEV) Belgium • Upto 30 • Petrol/Gasoline • Base Year Switzerland • 31-40 • Portugal • 41-50 • 2021 Netherlands • Above 50 • Estimated Year VEHICLE TYPE NORDIC Countries • BUS TYPE • Intracity Bus Bus • 2022 Rest of Europe • Coach • Forecast Period Intercity Bus • 2023 – 2027 11 11 © TechSci Research Automotive
Research Methodology Market Profiling •In-depth secondary research was conducted to identify players in the Europe bus and coach market, overall market market size. Research & Intelligence Data Collection Data Filter & Analysis Actionable Insights Business Solution size and segmental Formulating Questionnaire •In order to conduct interviews with industry experts, TechSci Research formulated a detailed questionnaire. Identifying Key Opinion Leaders Questionnaire Design In-depth Interviews ❑ ❑ ❑ Developing List of Respondents A Recent Developments Market Changing Aspects/Dynamics Government Policies Final Conclusion ❑ Primary Research •List of industry players and industry specialists was developed. ❑ B Desk Research ❑ C Data Collection ❑ Company Analysis Market Participants Key Strengths ❑ ❑ •TechSci experts and industry players for data collection and verification. conducted interviews with industry Data Validation Primary Research Secondary Research Paid Sources •Data secondary rigorous triangulation. obtained as a result was of primary and research validated through LinkedIn TechSci Internal Database Company Websites Company Annual Reports White Paper Study Financial Reports Investor Presentations Regulatory Body, Associations, etc. Factiva Hoovers ❑ ❑ ❑ ❑ ❑ ❑ ❑ ❑ ❑ Data Analysis •The data was scrutinized using MS-Excel and statistical tools, such as Time Series Analysis, etc., to obtain qualitative insights about the Europe bus and coach market. ❑ and quantitative 13 13 © TechSci Research Automotive
Research Methodology Baseline Methodology: For the Europe bus and coach market study, TechSci Research gathered information through primary research surveys with leading transport authorities of various countries, and subsequently, verified information from prominent companies engaged in manufacturing buses and coaches in Europe and worldwide. Exhaustive search of credible paid databases such as Factiva, Hoovers, etc., including our internal database was conducted. Our team of analysts has then prudently evaluated all the collected information and presented the same in a chronological order to depict a meaningful picture of the Europe bus and coach market. While compiling the data, we have also cross checked all the collected information from multiple sources and data warehouses, so as to present the most accurate and precise information of the concerned industry. We use innovative business model that focuses on improving productivity, while ensuring creation of high-quality reports. Primary Research – Prominent Companies & Associations Interviewed Secondary Research Sources S. No. Secondary Source S. No. Company Name European Association (ACEA) Automobile Manufacturers 1 Mercedes-Benz AG (Daimler AG) 1 2 IVECO S.p.A. Committee Manufacturers (CCFA) of French Automobile 3 MAN Truck & Bus SE 2 4 Scania AB European Association (ACEA) Automobile Manufacturers 3 5 AB Volvo 6 EvoBus GmbH (Setra) 4 World Bank 7 Temsa Skoda Sabanci Ulaşim Araçlari A.Ş. 5 TechSci Proprietary Database 8 Alexander Dennis Limited 6 Eurostat 9 Solaris Bus & Coach Sp. Z o.o 10 Wrightbus 14 14 © TechSci Research Automotive
Research Methodology Forecasting Methodology TechSci Research uses the combination of judgmental, associative and time series techniques for forecasting market data. Forecasting is done considering various quantitative as well as qualitative factors into consideration such as past years bus and coach sales data, bus and coach production stats, macro economic factors including GDP growth/contraction, interest rates scenario and impact of COVID-19 on vehicle production and sales in each of the countries covered in the report. The report delivers six years historical actual market size data (2017-2021); 2022 being an estimated year and forecast for the period between 2023 and 2027. TechSci Research has used judgmental, associative and time series techniques to forecast the bus and coach sales data for the period between 2023 and 2027. In Judgmental model, opinions from mid-level sales and production executives of leading bus and coach dealers and distributors in each country and industry experts were collected to gauge how the bus and coach industry will perform during the forecast period. In Associative model, the bus and coach market was forecast based on the identification of performance of related variables/drivers such as new vehicle sales, existing fleet size and macroeconomic indicators were used to predict the size of the bus and coach market between 2023 and 2027. Time series technique was used by observation and analysis of historical bus and coach sales data by tracking it at regular intervals over a period of more than seven years. Both long-term movement of bus and coach sales and short-term variations in bus and coach sales data caused by unusual factors and circumstances were tracked and on the basis of these observations, future bus and coach sales were estimated based on the past trends. TechSci Research uses its proprietary forecast model based on the above approach and regression analysis to forecast bus and coach sales data with the help of excel forecast functions which forecast the data values based on the provided existing data values. 15 15 © TechSci Research Automotive
Industry Brief Increasing population and growing popularity for daily commuting purposes are driving the growth of Europe bus and coach market in the forecast period, 2022-2027F. According to TechSci Research report, “Europe Bus and Coach Market- By Country, Competition Forecast & Opportunities, 2027”, the Europe bus and coach market stood at USD5,101.92 million in 2021 and is expected to grow at a steady CAGR of 4.44% to reach a value of USD6,809.06 million by 2027. The rise in the urban population boosts the demand for public transportation services. Leading authorities of several countries are allocating massive funds to develop public transportations system to satisfy the growing demand of passengers. Buses and coaches constitute a significant part of the public transportation system and therefore are witnessing huge demand from all over Europe. Market players are working on expanding their product portfolio by introducing more advanced and fuel-efficient buses into the market. The growing popularity of booking services through online platforms due to the rise in the tech-savvy population and the proliferation of smart devices is expected to impact market demand positively. However, the shift of consumers towards private vehicle ownership and rapidly changing emission norms and regulations may restrain the Europe bus and coach market growth in the forecast period. The Europe bus and coach market is segmented into vehicle type, bus type, length, seating capacity, fuel type, body type, regional distribution, and competitive landscape. Based on vehicle type, the market is bifurcated into bus and coach. The bus type is further divided into the intercity bus and intracity bus. Intercity buses dominated the market in 2021 by covering a market share of 47.62% and are expected to maintain their dominance over the next five years. In Europe, the majority of travellers opt for public transportation services for their daily commute, thereby fueling the demand for intercity buses across the region. Based on length, the market is divided into 6-8m, 8-10m, 10-12m, and above 12m. The above 12m segment is expected to grow at a CAGR of 3.72% in the forecast period owing to the high demand for long buses for commercial purposes to accommodate a large population. Also, many of the people travel through intercity buses that are longer and have higher seating capacity, which supports the segment growth. Based on fuel type, the market is divided into diesel, petrol/gasoline, alternative fuel, electric, hybrid and fuel cell. The diesel segment led the market in 2021 and captured a market share of 71.83%. The majority of the buses running on the streets use diesel as a fuel as it has better mileage for long distances. Based on body type, the market is divided into fully built and customizable bodies. The customizable body segment dominated the market in 2021 with 84.59% of the overall market share. There is high demand for customizable body type buses among the private bus owners. They usually have recliner seats, low floor, different interior and lighting designs and other high comfort features. Also, the rise in the tourism and service sector in the region is expected to accelerate the demand for customizable comfortable buses, which can provide an exhilarating experience to travelers in the forecast period. Major market players operating in Europe bus and coach market are Mercedes-Benz AG (Daimler AG), IVECO S.p.A., MAN Truck & Bus SE, Scania AB, AB Volvo, EvoBus GmbH (Setra), Temsa Skoda Sabanci Ulaşim Araçlari A.Ş., Alexander Dennis Limited, Solaris Bus & Coach Sp. Z o.o, Wrightbus “With the growing population and travel and tourism industry, the demand for massive vehicle fleets is increasing rapidly, which is also boosting pollution levels. Leading authorities are encouraging the manufacturing of electric buses to lower the carbon emissions into the environment and support sustainable development in their respective countries. In 2017, around 40 cities, including Paris, Rome, Barcelona, and others, signed a declaration to achieve a zero-emission bus fleet by 2025. Market players are advised to invest in the manufacturing of electric buses and coaches to gain a competitive edge in the long run and capture the highest market share through the forecast period, 2023-2027” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm. 16 © TechSci Research Automotive
Sample Data - Snapshot Europe Bus and Coach Market Size, By Value (USD Million) and Volume (Units), 2017-2027F CAGR 2022E-2027F By Value: xx% By Volume: xx% CAGR 2017-2021 By Value: xx% By Volume: xx% 2017 2018 2019 2020 2021 2022E 2023F 2024F 2025F 2026F 2027F Value (USD Million) Volume (Unit) United Kingdom Bus and Coach Market Share, By Vehicle Type, By Volume, 2017–2027F 2017 40.00% 60.00% 2018 40.00% 60.00% 2019 40.00% 60.00% 2020 40.00% 60.00% 2021 40.00% 60.00% 2022E 40.00% 60.00% 2023F 40.00% 60.00% 2024F 40.00% 60.00% 2025F 40.00% 60.00% 2026F 40.00% 60.00% 2027F 40.00% 60.00% Bus Coach Italy Bus Market Share, By Bus Type, By Volume, 2017–2027F 2017 40.00% 60.00% 2018 40.00% 60.00% 2019 40.00% 60.00% 2020 40.00% 60.00% 2021 40.00% 60.00% 2022E 40.00% 60.00% 2023F 40.00% 60.00% 2024F 40.00% 60.00% 2025F 40.00% 60.00% 2026F 40.00% 60.00% 2027F 40.00% 60.00% Intracity Bus Intercity Bus 17 © TechSci Research Automotive
Report Ordering Report Name: EUROPE BUS AND COACH MARKET Forecast and Opportunities 2017–2027 License Type Single User License Price $4900 Multi-User License Custom Research License $5900 $8900 To View Sample OR Purchase Report 18 © TechSci Research Automotive
About Us & Disclaimer TechSci Research is a global market research and consulting company with offices in the US, UK and India. TechSci Research provides market research reports in number of areas to organizations. The company uses innovative business models that focus on improving productivity, while ensuring creation of high-quality reports. The proprietary forecasting models use various analyses of both industry-specific and macroeconomic variables on a state-by-state basis to produce a unique ‘bottom-up’ model of a country, regional and global industry prospects. Combined with the detailed analysis of company activity and industry trends, the result is a uniquely rich evaluation of the opportunities available in the market. Related Reports MENA Bus and Coach Market, By Length (6-8m, 8-10m, 10-12m, Above 12m), By Application, By Type of Buses (Motor Coach, Mini Coach, Mid Coach, Double Decker Bus, Shuttle Bus, Others), By Application, By Type of Usage (Public Transport, Tourist Bus, School Bus, Office Bus), By Seating Capacity (Up to 30, 31-40, 41-50, Above 50), By Fuel Type (Diesel, Electric & Hybrid, Alternative Fuels, Fuel Cell, Petrol/Gasoline), By Body Type (Customisable, Fully Built), By Country, Competition Forecast and Opportunities, 2016-2026 Saudi Arabia Truck Leasing and Rental Market, By Lease Type (Finance Lease, Full Rental), By Truck Type (Heavy Duty, and Medium Duty), By End-Use Industry (Oil & Gas, FMCG, Construction, Mining, E-Commerce), By Booking (Offline, Online), By Region, By Company, Forecast & Opportunities, 2017- 2027F • • TechSci Research – North America 708 Third Avenue, Manhattan, New York, United States Tel: +1- 646- 360- 1656 Email: sales@techsciresearch.com www.techsciresearch.com TechSci Research – Europe 54, Old brook, Bretton, Peterborough, United Kingdom Email: sales@techsciresearch.com www.techsciresearch.com TechSci Research – Asia-Pacific B – 44, Sector – 57, Noida, National Capital Region, U.P. - India Tel: +91-120-4523900 Email: sales@techsciresearch.com www.techsciresearch.com Disclaimer The contents of this report are based on information generally available to the public from sources believed to be reliable. No representation is made that it is timely, accurate or complete. TechSci Research has taken due care and caution in compilation of data as this has been obtained from various sources including which it considers reliable and firsthand. However, TechSci Research does not guarantee the accuracy, adequacy or completeness of any information and it is not responsible for any errors or omissions or for the results obtained from the use of such information and especially states that it has no financial liability whatsoever to the subscribers / users of this report. The information herein, together with all estimates and forecasts, can change without notice. All the figures provided in this document are indicative of relative market size and are strictly for client’s internal consumption. Usage of the same for purpose other than internal will require prior approval of TechSci Research.