Search results for: 'platform strategic'

Turkey is one of the biggest manufacturing bases in Europe for connected vehicles (CVs), particularly truck and bus production. The country’s strategic position appeals to global automotive companies in terms of founding a production plant and the advantages of relatively cheap labor and beneficial logistics when moving products to their final dest...

The Western European mini-midibus market is forecast to grow at a CAGR of 2.9% between 2013 and 2020. The United Kingdom, France, Italy, Germany, and Spain are expected to account for about 73% of the total market. The top 5 markets are likely to grow at a CAGR of 2.6%. Spain shows high growth potential, as mini-midibuses are likely to be preferred...

Advanced powertrain technologies, such as hybridization and electrification of transit buses, will find huge demand and this decade will mark an accelerated growth story for both these green technologies. The study captures the key emerging trends in the global heavy duty hybrid and electric transit bus market with an emphasis on technologies trend...

This study presents an analysis of the ASEAN commercial vehicle (CV) market from 2013 to 2020. Using primary and secondary research, the study aims to forecast the trends of three key regional CV markets—Thailand, Indonesia, and Malaysia. The research service includes an assessment of the macro to micro implications of Mega Trends until 2025. It al...

Frost & Sullivan’s mobility team tracks the global commercial vehicle (CV) market to generate deep-dive analysis on the shift towards zero-emission buses and the implications of new technologies on the passenger transportation landscape of the future. The commercial mobility practice evaluates applications in the global transit and coach buses spac...

11 Dec 2020  |  South Asia, Middle East & North Africa  |  Market Research

Intense Competition among Dealers and Distributors Reshaping the Gulf Cooperation Council (GCC) Bus Industry

Government Efforts and Initiatives to Develop Infrastructure and Boost Tourism Fuel Growth Strategies

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Key Issues Addressed

The GCC bus industry is expected to grow at a compound annual growth (CAGR) of 3.6% by 2025. Industry sales have been severely impacted by the economic downturn, resulting from decline in oil prices due to the OPEC Agreement. Moreover, the COVID-19 pandemic is having a major effect on GCC bus industry sales, which are estimated to decline by 19% in...