MRC Announces the Publication of its Research Report – Global Buses and Coaches Market 2017-2021

The latest industry research report on Buses and Coaches by MRC provides a thorough analysis of the  Buses and Coaches market. The report scrutinizes the market by different segments including regions, applications, competitive landscape, etc. over the predicted time frame. This report provides 360 Degree perspective of the Buses and Coaches industry with an all-inclusive discussion of definitions, classifications, and market players in the industry chain structure. It features qualitative and quantitative analysis of the industry taking into consideration the significant development factors, competition in the market, and important reasons impacting the market growth.

MRC recognizes the following companies as the key players in the global buses and coaches market: Daimler, MAN, Scania, Volvo, Xiamen King Long United Automotive Industry, and YUTONG

Other Prominent Vendors in the market are: ANKAI, Ashok Leyland, Eicher Motors Limited, Higer Bus, Hyundai Motor Company, IVECO, Marcopolo, TATA Motors, VDL Bus & Coach, and Zhongtong Bus.

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Commenting on the report, an analyst from MRC’s team said: “The latest trend gaining momentum in the market is Automobile makers showing an increase in shift from conventional fuel. Conventional automobiles operate on non-renewable energy sources, such as diesel and petrol. As there is an increasing demand for non-renewable sources and the supply for the same is depleting rapidly, an imbalance in supply and demand is created, which, in turn, increases the price of petrol and diesel. As there is only a limited amount of resources left, the leading vendors and various startups are looking for alternative sources of energy that can be used to power buses and coaches effectively. The vehicles that operate on diesel and petrol emit a certain amount of GHG into the atmosphere. However, various regulatory bodies around the globe have set a limit for the emission of these GHG, compelling the vendors to look for permanent solutions.”

According to the report, one of the major drivers for this market is Subsidies provided by government to boost electric buses and coaches. Electric buses have been successfully operated around the world since 2009. Hybrid buses and electric buses are estimated to have an exponential growth with a CAGR of 17.14% and 28.85%, respectively, during the forecast period. Various technological advancements, such the development of lithium-ion batteries, solid-state batteries, lithium-sulfur batteries, and aluminum ion batteries, are expected to revolutionize the global buses and coaches market.

Further, the report states that one of the major factors hindering the growth of this market is High initial investment for alternative fuel buses and coaches. The cost of procuring/owning a bus powered by alternative fuel, such as electric buses and hybrid buses, is comparatively higher than that for a bus powered by diesel. This is a major factor hindering the demand for electric and hybrid buses and coaches. The demand for buses and coaches in APAC is comparatively higher and is expected to grow at a CAGR of 5.24% during the forecast period from 2016 to 2021 as there is an exponential growth in population.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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The research report focuses on the analysis of its major geographies, and different segments. This all-inclusive study discusses the current market development and trends, important factors driving market growth like drivers, restraints, market projections, and market structure for each region and its sub-segments. It also provides glimpses on the recent technological advancements in the market along with detailed profiles of key industry players. The report also includes an analysis of the micro and macro aspects noteworthy for the present active and the new entities apart from the study of the value chain.

Key Topics Covered in the Report:

• Comprehensive overview of parent market with market definition, classification
• Recognition of factors influencing the market scenarios and analysis of market drivers, barriers, and their impact on the market growth
• Current and future market trends, market scope and detailed market segmentation on the basis of application, region, and competitive scenario
• Value Chain Analysis, Strategic insights, and market estimations
• Technology, trends, developments, and changing market dynamics of the Cannabis Testing industry
• Facts, stats, historical data, market size forecast regarding volume and value
• Analysis of competitive landscape and assessments on a regional scale with company profiles of leading market players, finance metrics, product offerings and key business strategies and growth prospects for the projected period
• Insights on prospective opportunities and challenges, success and risk

The report brings to your attention analysis of the Buses and Coaches market in major geographies including North America, Europe, the Asia-Pacific, and the Rest of the World. This research report provides a complete insight of the market trends and guides in making informed business decisions. It gives a clear understanding of the competitive environment, key market players, their portfolio, and strategies. It also features a technological growth map over a time and helps understand its impact on the market.

Report Details @  https://marketreportscenter.com/reports/562306/global-buses-and-coaches-market-2017-2021

Market Scope

The research report takes different facets into consideration to scrutinize the  Buses and Coaches industry. It brings to your attention market overview, market trends and future outlook, market growth and dynamics, market challenges and opportunities, competitive landscape, and potential investment segment.

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