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Transformative Trends Expected to Propel LATAM Bus Market to Over 50,000 Units Despite Headwinds
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The LATAM bus market is experiencing a number of transformative shifts that are impacted by urbanization and the rise of mega cities, integrated mobility, regulations, and technology innovation. Despite current factors challenging the market, Frost & Sullivan expects LATAM annual sales of over 50,000 units by 2022. The research covers Argentina, Brazil, Chile, Mexico, and Peru, and presents the key market trends, growth opportunities, and market metrics. Analysis by transit and inter-city bus use and medium- and heavy-duty buses is covered as well. The key market participants and detailed market outlooks in LATAM are discussed, and the key conclusions, recommendations, and Frost & Sullivan predictions for the market by 2022 are presented.
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