Who are the key leaders in the express buses market?

Daimler AG, Yutong Bus, Zhongtong Bus, King Long United Automotive, Solaris Bus & Coach, Scania AB, Volvo Buses, Marcopolo, Tata Motors, VDL Bus & Coach, Irizar Group, Xiamen King Long, and Zhengzhou Yutong Bus Co., Ltd., are some of the major express buses companies worldwide.

What is the size of the Asia Pacific express buses industry?

Asia Pacific market held over 51% share in 2023, attributed to a steady increase in urban citizens and growing focus on public transportation development in the region.

How big the express buses market?

The market size of express buses reached USD 29 billion in 2023 and is set to witness 6% CAGR from 2024 to 2032, owing to the increasing urbanization and rising population leading to rising demand for public transit worldwide.

Why is the demand for standard express buses growing?

The standard express buses segment held over 42% share in 2023, due to being the most affordable option in the express bus industry.

Express Buses Market Share

Report ID: GMI9286

Published Date: April 2024

Report Format: PDF

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Express Buses Market Share

Daimler AG, Volvo, and Yutong Bus hold dominant positions holding market share over 19% in the express buses industry due to their extensive experience, global presence, and innovative offerings. Daimler AG, known for its Mercedes-Benz and Setra brands, provides high-quality buses with advanced safety and comfort features. Volvo, renowned for its safety standards and fuel-efficient engines, offers a wide range of reliable buses tailored to various passenger needs.

Yutong Bus, a leading Chinese manufacturer, specializes in electric buses and has established itself as a key player in the market with its focus on sustainability and technological innovation. These companies' strong reputations, diverse product portfolios, and commitment to excellence contribute to their dominance in the market, serving both urban and intercity transportation needs worldwide.

Express Buses Market Companies

Major companies operating in the express buses industry are:

Daimler AG
Yutong Bus
Zhongtong Bus
King Long United Automotive
Solaris Bus & Coach
Scania AB
Volvo Buses
Marcopolo
Tata Motors
VDL Bus & Coach
Irizar Group
Xiamen King Long
Zhengzhou Yutong Bus Co., Ltd.

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Question(FAQ) :

Who are the key leaders in the express buses market?: Daimler AG, Yutong Bus, Zhongtong Bus, King Long United Automotive, Solaris Bus & Coach, Scania AB, Volvo Buses, Marcopolo, Tata Motors, VDL Bus & Coach, Irizar Group, Xiamen King Long, and Zhengzhou Yutong Bus Co., Ltd., are some of the major express buses companies worldwide.
What is the size of the Asia Pacific express buses industry?: Asia Pacific market held over 51% share in 2023, attributed to a steady increase in urban citizens and growing focus on public transportation development in the region.
How big the express buses market?: The market size of express buses reached USD 29 billion in 2023 and is set to witness 6% CAGR from 2024 to 2032, owing to the increasing urbanization and rising population leading to rising demand for public transit worldwide.
Why is the demand for standard express buses growing?: The standard express buses segment held over 42% share in 2023, due to being the most affordable option in the express bus industry.

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Authors: Preeti Wadhwani, Aishvarya Ambekar

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Base Year: 2023

Companies covered: 20

Tables & Figures: 300

Countries covered: 25

Pages: 350

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Express Buses Market Share

Express Buses Market Share

Express Buses Market Companies

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