Global bus demand will rise five percent annually through 2012. Gains will be driven by high fuel prices, which will boost bus ridership and prompt bus fleet expansions and upgrades to more efficient vehicles. China is the largest market for and producer of buses, and will be the biggest driver of demand going forward.
This study analyzes the 324,000 unit world bus market. It presents historical demand data (1997, 2002 and 2007) and forecasts for 2012 and 2017 by bus type (e.g., transit buses, motor coaches), world region (e.g., Asia/Pacific, North America and Western Europe) and for 19 major national markets.
The study also considers market environment factors, details industry structure, evaluates company market share and profiles 38 industry competitors, including Zhengzhou Yutong Bus, Xiamen King Long Motor and Hyundai.