Growing
smart city projects, increasing number of public transport fleet and adoption of clean fuel
buses to drive North America bus market through 2022
According to TechSci Research report, “North America Bus Market By Application, By
Length, By Seating Capacity, By Fuel Type, By Body Type, By Country,
Competition Forecast & Opportunities, 2012 – 2022”, bus market
in North America is forecast to reach $ 7.76 billion by 2022, on account of
launch of numerous smart city projects in the region. Moreover, rapid
urbanization, growing inclination of consumers towards public transportation
and launch of clean fuel and technologically advanced buses by several leading
companies are anticipated to fuel North America bus market in the coming years.
Research & development efforts by numerous companies is also expected to
back the region’s bus market during forecast period.
Browse 7 market
data Tables and 31 Figures spread through 80 Pages and an in-depth
TOC on
"North America Bus Market" https://www.techsciresearch.com/report/north-america-bus-market/3407.html
Increasing production and sales of buses coupled
with growing preference for CNG and hybrid and electric buses in the region
would propel demand for buses in North America through 2022. New Flyer
Industries, Nova Bus, Gillig Corporation, Isuzu Motors Ltd., DINA, Ford Motor
Corporation and MAN Truck & Bus are among the leading companies operating
in North America bus market. the United States, one of the most developed
countries in the world, is also the largest demand generating nation for buses
in North America.
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“Widespread presence of well-established network
of dealers and distributors, expanding sales of buses, growing purchasing power
of people and expanding vehicle fleet size are among the prominent factors
driving the North America bus market. Moreover, increasing sales volume of
different segments in the bus market is anticipated to steer growth in the North
America bus market over the next five years,” said Mr. Karan Chechi, Research
Director with TechSci Research, a research based global management consulting
firm.
“North America Bus
Market By Application, By Length, By Seating Capacity, By Fuel Type, By
Body Type, By Country, Competition Forecast & Opportunities, 2012 – 2022”
has analyzed the potential of bus market across the region, and provides
statistics and information on market size, shares and trends. The report will
suffice in providing the intending clients with cutting-edge market
intelligence and help them in taking sound investment decisions. Besides, the
report also identifies and analyses emerging trends along with essential
drivers and key challenges faced by the industry.
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