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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.Â
COVID-19 scenario analysis:Â
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:
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. Â Â Â
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 benefits of the report:
Questions answered in the Midi Bus Market research report:
Midi Bus Market Report Highlights
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Key Market Players | China South Industries Group Corporation, Isuzu Motors Ltd., Yangzhou Yaxing Motor Coach Co., BYD Auto Co. Ltd., Toyota Motor Corporation, Daimler AG, Ashok Leyland Ltd., AB Volvo., Hino Motors Ltd., Groupe Renault |
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