NJ New Jersey, USA -- (SBWIRE) -- 11/07/2022 -- Advance Market Analytics published a new research publication on "School Bus Market Insights, to 2027" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the School Bus market was mainly driven by the increasing R&D spending across the world.
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Some of the key players profiled in the study are: Collins Industries (United States), Starcraft Bus (United States), Trans Tech (United States), IC Bus (United States), Thomas Built Buses (United States), Blue Bird Corporation (United States), Girardin Minibus (Canada), Lion Electric Company (Canada), Mercedes-Benz (Germany), Volvo (Sweden), Alexander Dennis (United Kingdom), Scania (Sweden), Iveco (Italy).
Scope of the Report of School Bus
School buses are the mode of mass transit used for transporting students from one place to the others. These buses are either owned or rented by school authorities. The design for school buses differ from buses used in public transportation as enhanced safety is the key consideration taken into account while manufacturing school buses. Of late, manufacturers are emphasizing on introducing electric powered school buses to curb the emission which in turn is expected to provide lucrative opportunity for various stakeholders involved. In this regard, recently in July 2019, California Energy Commission was awarded approximately USD 70 million to replace over 200 diesel school buses with electric buses. Other regions across the globe are expected to follow the similar suit as vehicle emission norms tightened. According to AMA, the market for School Bus is expected to register a CAGR of 2.2% during the forecast period to 2026. This growth is primarily driven by Rise in Number of School Buses Owing to Growing Expenditure by Government to Promote Education and Focus on Retrofitting of Existing School Buses.
The titled segments and sub-section of the market are illuminated below:
by Type (AC, Non-AC), Power Train (Diesel Fuel, Gasoline, Hybrid-electric, Battery-powered), Seating Capacity (< 10, 10-50, < 50), Sales Channel (OEM, Aftermarket)
Market Drivers:
Rise in Number of School Buses Owing to Growing Expenditure by Government to Promote Education
Focus on Retrofitting of Existing School Buses
Market Trends:
Increasing Trends of Mass Transit to Save Fuel and Reduce Emission
Increasing Adoption of Electric School Buses
Opportunities:
Growing Focus on Modernizing School Transportation
Introduction of Alternative Fuel Powered School Bus Amid Growing Need to Curb Emission
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United Kingdom based electric drivetrain solutions Equipmake has developed cost-effective electric bus powertrain. The testing for the same is in final phase and in-service trails of the vehicles are expected to start in the first quarter of 2020. This EBus drivetrain has two APM200 motors along with latest generation lithium-ion cells.
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.
Strategic Points Covered in Table of Content of Global School Bus Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the School Bus market
Chapter 2: Exclusive Summary – the basic information of the School Bus Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the School Bus
Chapter 4: Presenting the School Bus Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country 2015-2020
Chapter 6: Evaluating the leading manufacturers of the School Bus market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2021-2027)
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
finally, School Bus Market is a valuable source of guidance for individuals and companies.
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Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Middle East, Africa, Europe or LATAM, Southeast Asia.