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The demand for school buses globally is expected to grow steadily despite rising oil and commodity prices. Total school bus shipments, estimated at about 92,561 units in 2017, are expected to increase to 109,575 units in 2025, reflecting a compound annual growth rate (CAGR) of 2.1%. North America is the largest contributor to the global school bus ...

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...

18 Mar 2016  |  Global  |  Market Research

Global Heavy-Duty (HD) Transit Bus Market, Forecast to 2022

Hybrid and Electric Powertrain to Account for Increasing Share of Total Transit Bus Sales as Market Hits Top Gear with New Energy Offerings

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This Frost & Sullivan research service studies the impact of Mega Trends, industry convergence implications, and autonomous public transport business models on the global heavy-duty (HD) transit bus market. It also provides an in-depth analysis of the key regional markets, including China, Europe, India, North America, Latin America, and Rest of Wo...

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...

Geopolitical crises and high inflation prompted most central banks to raise interest rates in 2022, derailing the post-pandemic recovery. Energy costs increased manifold, impacting demand- and supply-side participants equally. Oil prices reached record highs as countries cut dependency on Russian imports, with the price of Brent crude oil reaching ...

27 Feb 2020  |  South Asia, Middle East & North Africa  |  Market Outlook

Indian Commercial Vehicles Market Outlook, FY2020

The Indian Commercial Vehicle Industry is Expected to Witness Slow Growth in FY2020 Due to Impeding Effect of New Axle Load Norms, Stringent Regulatory Environment and Economic Slowdown

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The aim of this study is to understand the emerging market and technology trends shaping the Indian commercial vehicle industry, estimate the outlook for 2020, and forecast the industry volumes till 2025 by assessing the impact of current and upcoming regulations and norms. The Indian commercial vehicle market is experiencing changes due to heavy ...

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...

27 Oct 2016  |  North America  |  Market Research

Hybrid-Electric Truck and Bus Market Growth Trajectories in North America and Western Europe

Rapid Growth Expected Beyond 2020 with Penetration of New Green MD-HD Trucks and Buses Reaching 7.4% by 2025

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The European Union's Vision 20-20-20 for emission reduction combined with the proliferation of shale gas in North America is renewing interest in alternate and cleaner powertrain technologies. Although fully electric vehicles are considered the definitive future of automobile powertrains, existing limitations in battery range and cost competitivene...

The aim of this study is to analyse developments in the telematics market for school buses in North America (US and Canada) and present an overview of market growth opportunities and implications. Major focus is on trends such as pricing, package, business case, and solution types in addition to the significance of value-added services and telemati...