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Allied Market Research

Midi Bus Market by Propulsion (Electric, Gasoline, Natural Gas, Diesel, and Hybrid), and by End User (Intracity, Intercity, and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027

A09117
Pages: NA
Dec 2020 | 42 Views
 
Author(s) : NA
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Midi Bus Market Outlook – 2027 

Midibus is a type of bus that is smaller in size than a full-size single-decker bus but larger than minibus. With the rapid rise in industrialization and globalization, the market for midi bus is flourishing. The midi bus has a seating capacity of about 25 seats and has length between 8 meters to 11 meters. Besides, midi bus has a greater number of seats than a minibus and offers more fuel-efficiency than a full-size single-decker bus. Moreover, the expansion of urban areas and developing suburbs have proliferated the demand for midi bus. Additionally, midi buses are easier to manage on roads due to its compact size. 

Market scope and structure analysis:

Report Metric

Details

  Market size available for years

  2019–2027

  Base year considered

  2019

  Forecast period

  2020–2027

  Forecast units

  Value (USD)

  Segments covered

  Propulsion, end user

  Regions covered

North America (the U.S. and Canada), Europe (Germany, the UK, France, and rest of Europe), Asia-Pacific (China, Japan, India, and rest of Asia-Pacific), Latin America (Brazil, Mexico, and rest of LATAM) and The Middle East and Africa

  Companies covered

Yangzhou Yaxing Motor Coach Co., Toyota Motor Corporation, Daimler AG, China South Industries Group Corporation, Ashok Leyland Ltd., Isuzu Motors Ltd., BYD Auto Co. Ltd., Hino Motors Ltd., Groupe Renault, AB Volvo.

 

COVID-19 scenario analysis: 

  • The coronavirus pandemic has spread rapidly across the globe, causing a complete halt in daily routines and deploying global resources.
  • The effects of coronavirus are also seen in the public transport sector as government norms like lockdowns and social distancing needs to be followed.
  • Additionally, the availability of drivers has become a challenge due to the threat of getting infected by the virus.
  • Besides, consumer preference has shifted towards personal mobility and would avoid public transport for some time. These factors would affect the midibus market globally.

Top impacting factors: market scenario analysis, trends, drivers and impact analysis

An increase in the use of the public transport vehicle is driving the market of midi bus. Additionally, increasing investment in public transport infrastructure is propelling the midi bus market. Besides, increasing traffic congestion and limited parking space in urban areas have fueled the need for compact size buses like midi bus. Moreover, the increasing adoption of midi bus rental services for events and traveling purposes have proliferated the market growth. However, faster modes of public transport like metro is anticipated to hamper the market growth. Furthermore, an increase in shuttle services is fostering the market growth.

The midi bus market trends are as follows:

Electric midi bus to bolster the market

With the rise in concerns for environmental degradation due to harmful emissions from vehicles, the automakers and governments are promoting the use of alternative fuel in order to reduce the greenhouse effect. As a result, the manufacturing and sales of the electric midi bus have paced in recent years. Additionally, OEMs are investing heavily in the development of electric midi bus. In 2019, Ashok Leyland launched its next-gen AC midi range bus in India. The company is aiming to target daily and tourist commuters in India.     

Shuttle services to accelerate growth

Shuttle Services are the type of bus services that primarily intend is to transport passengers to and fro between two places. A shuttle service can eliminate many risk factors such as getting lost, missing a meeting, etc. As shuttle services offer stress-free travel due to reduced hassle of driving, the demand for it is rising. Additionally, increasing adoption of midi bus for shuttle services is fueling the market. Moreover, online platforms have increased the adoption of shuttle services. For instance, Uber is planning to start a bus shuttle service in India. The company had previously launched the service in Egypt in 2018 and expanded it to several cities in West Asia and Latin America.

Key segments covered:

Segments

Sub-segments

  Propulsion

  • Electric
  • Gasoline
  • Natural Gas
  • Diesel
  • Hybrid

  End user

  • Intracity
  • Intercity
  • Others

 

Key benefits of the report:

  • This study presents the analytical depiction of the midi bus industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed Midi Bus market analysis based on competitive intensity and how the competition will take shape in coming years. 

Questions answered in the Midi Bus Market research report:

  • What are the leading market players active in the Midi Bus market?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?
  • What are the projections for the future that would help in taking further strategic steps?
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

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With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast


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Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
 
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