Asia Pacific Bus Market Outlook Report 2021-2030

Transit agencies and authorities in Asia Pacific are increasingly focusing on the deployment of buses (diesel, CNG, electric, hydrogen-fuelled, etc.) and the modernization of existing bus infrastructure. Increasingly, there is shift towards the use of clean fuel buses, and targets have been set for the introduction of zero-emission buses and the installation of related infrastructure by 2030.

To highlight the opportunities in the bus market in the Asia Pacific region, Global Mass Transit Research has released its first edition of the Asia Pacific Bus Market Outlook Report 2021-2030, the most comprehensive and up-to-date study on this segment. The report provides detailed information on  the current bus market and future prospects in 75 cities in 23 countries.

Some key highlights from the report:

• Global Mass Transit Research estimates that over USD40 billion is expected to be invested in procuring buses across the 75 cities.
• Around 33 per cent of the total current fleet is expected to be replaced by 2030.
• In the next decade, the spotlight will be on the promotion of sustainable mobility and clean energy, with cities transitioning from diesel buses to battery-electric and hydrogen-powered buses.

The report comprises two distinct sections.

Part 1 of the report (PPT format converted to PDF) provides an analysis of current bus market size, impact of COVID-19 on the bus market in the region, bus rolling stock (by fuel type, sub-regions, and age), ridership trends, federal and city government policies impacting the bus market, operating models, key operators, funding and finance, key pilots, key trends, and recent developments in the region. It also provides a comprehensive market outlook; details planned bus rolling stock procurements (by fuel type, countries, and geographical variation in demand), planned fuelling/charging infrastructure (EV charging, hydrogen fuelling, biomethane fuelling, and CNG fuelling), upcoming bus-based infrastructure projects, and nationwide plans for the deployment of clean buses; gives investment projections; lists open tenders, and discusses key risks and challenges.

                                           

Part 2 of the report (city profiles in PPT format and information in MS Excel database) provides updated information on 75 cities. Each city profile provides information on:

• City background
• City authorities, agencies, developers, and operators
• Key government policies impacting the city
• Key city-level policies for the deployment of buses
• Current network and infrastructure (routes, stops, depots, fuelling stations, etc.)
• Current bus ridership
• Modal share
• Existing bus rolling stock (by fuel type, age, supplier, etc.)
• Capex plans
• Projections for bus procurements, replacements, and modernisation
• Planned investments
• New bus procurement plans (by type)
• Bus modernisation plans
• Technology initiatives
• Infrastructure expansion and upgrades
• Autonomous buses/shuttles
• Open tenders
• Key contracts awarded
• Recent developments
• Contact personnel

Key players profiled in the report include:

• Ashok Leyland
• Beiqi Foton Motor Company Limited (Foton)
• BYD
• CRRC
• Daimler Buses
• Iveco
• JBM Group
• MAN Truck and Bus
• Olectra Greentech
• Scania AB
• Tata Motors
• Volvo Buses
• Xiamen Golden Dragon Bus Company Limited (Golden Dragon)
• Xiamen King Long United Automobile Industry Company Limited (King Long)
• Zhengzhou Yutong Bus Company Limited (Yutong)

Key benefits to buyers:

• Get the latest expected investment in bus procurements by fuel type
• Focus on key cities with high investment opportunities across Asia Pacific
• Explore opportunities for construction; consulting; and the supply of rolling stock, fare systems, refuelling, charging infrastructure, etc., available in the 75 cities covered in the report
• Receive detailed analysis of the bus market by fuel type (electric, hydrogen, diesel, CNG, etc.), by planned infrastructure, and by country
• Learn about operating models and government policies impacting bus procurements across key cities
• Get an overview of the market and details of upcoming plans and procurements for the urban bus market

The report will be useful to organisations interested in the Asia Pacific bus market—public transport authorities/agencies and operators, government transport departments, city governments, policymaking and regulatory bodies, bus OEMs and technology providers, infrastructure OEMs, charging solution suppliers and battery manufacturers, energy providers, multilateral aid agencies, banks and financial institutions, academic institutions, research and development organisations, consultants, etc.

The report was released in February 2021.

The report is available in PPT format (converted to PDF) with details of city profiles in an MS Excel database. It is priced at USD3,000. As a special offer for public transport authorities/agencies, the report is priced at USD2,500.

To download the brochure for the report, please click here

To purchase the report online, please click here

For further inquiries, please contact:

Surbhi Rakheja
Mobile: +44 12 7380 7061
Email: surbhi.rakheja@globalmasstransit.net