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Double-decker Buses Market Share

Report ID: GMI9289
Published Date: Apr 2024
Report Format: PDF

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Double-decker Buses Market Share

Alexander Dennis Limited (ADL) and Wrightbus hold a significant market share in the double-decker bus industry. ADL has pursued an aggressive strategy of global expansion to tap into new markets and diversify its customer base. The company has established manufacturing facilities, sales offices, and service centers in key regions worldwide, including Europe, Asia Pacific, and North America. By expanding its geographic footprint, ADL capitalize on emerging opportunities and mitigate risks associated with market fluctuations in specific regions.

Wrightbus focuses on differentiation through innovative design and customization options for its double-decker buses. The company offers a range of customizable features, including seating layouts, interior amenities, and exterior branding options, allowing customers to tailor vehicles to their specific requirements. By providing unique appealing designs, Wrightbus attracts customers seeking distinctive and branded transportation solutions.

Double-decker Buses Market Companies

Major companies operating in the double-decker bus industry are:

Alexander Dennis Limited (ADL)
BYD Company Limited
Daimler AG
MAN Truck & Bus AG
New Flyer Industries
Scania AB
Volvo Buses
Wrightbus
Yutong Group Co., Ltd
Zhongtong Bus Holding Co., Ltd.

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

The market size of double-decker buses reached USD 15.1 billion in 2023 and will grow at over 6% CAGR between 2024 and 2032, led by rising urbanization and population density.

The diesel propulsion segment accounted for 80% of the market share in 2023 and will reach USD 19 billion by 2032, owing to its dependability and performance.

Europe double-decker buses industry held a revenue share of over 55% in 2023, owing to a well-developed and frequently used public transportation system.

Alexander Dennis Limited (ADL), BYD Company Limited, Daimler AG , MAN Truck & Bus AG , New Flyer Industries, Scania AB , Volvo Buses , Wrightbus, and Yutong Group Co., Ltd among others.