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Luxury Coaches Market Share

Report ID: GMI4791
Published Date: Sep 2020
Report Format: PDF

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Luxury Coaches Market Share

Industry players are focusing on expanding their manufacturing and R&D operations in international markets to leverage opportunities such as affordable labor and easy access to raw materials. Market leaders are also emphasizing on forming partnerships with regional players to enhance their shares in foreign markets.

Key players operating in the luxury coaches market include :

Daimler AG
Scania AB
Volvo Group
JCBL Ltd
Yutong, BYD Group
Napoleon Bus GmbH
ANKAI
Setra
Marcopolo SA
Shanghai Shenlong Bus Co., Ltd
Xiamen King Long Motor Group Co., Ltd
Irizar Group

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

In 2019, global luxury coaches industry size was valued at USD 31.5 billion, and the business is anticipated to depict 5% CAGR through 2026.

The single deck luxury coaches segment was worth USD 27.5 billion in 2019 and may depict considerable demand, as these coaches offer excellent maneuverability and improved drivability as compared to double decker buses.

Global electric luxury coaches market size may depict a CAGR of 8% through 2026, driven by the enforcement of strict vehicle emission norms by government bodies worldwide.

The Europe market size was worth USD 8 billion in 2019 and the region is anticipated to exhibit 5.5% CAGR through 2026, driven by the fact that most European countries are well-connected by roads and highways & the region hosts a picturesque landscape.