The Global Market for Buses, 2000—2010

The global demand for autobuses reached the 286,000-unit mark in 2005 and should rise to 352,000 units by 2010. This represent s a growth rate of 4.2 percent compared to a rise of 3.7 percent in the previous five-year period. Much of the growth will occur in the Asia/Pacific region, specifically in...

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Bibliographic Details
Published in:Business economics (Cleveland, Ohio) Ohio), 2008-04, Vol.43 (2), p.69-76
Main Authors: Ealey, Lance A., Gross, Andrew C.
Format: Article
Language:English
Subjects:
Air pollution
Airports
Automobile manufacturers
Automobiles
Bus industry
Buses
Buses (Transportation)
Business and Management
Business forecasts
Cities
City buses
Demand
Demand (Economics)
Design
Diesel buses
Economic indicators
Economic statistics
Economics
Economics and Finance
Electric buses
Emerging markets
Energy efficiency
Evaluation
Focus on Industries and Market
FOCUS ON INDUSTRIES AND MARKETS
Gasoline prices
Growth rate
Industrial market
Industrialized nations
Industry sales and revenue
International markets
International trade
L62
Manufacturing
Market shares
Mass transit
Minibuses
Motors
Political Economy/Economic Systems
Product lines
Public transportation
School buses
School busing
School districts
Supply and demand
Traffic congestion
Transportation demand
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Summary:The global demand for autobuses reached the 286,000-unit mark in 2005 and should rise to 352,000 units by 2010. This represent s a growth rate of 4.2 percent compared to a rise of 3.7 percent in the previous five-year period. Much of the growth will occur in the Asia/Pacific region, specifically in China, which is now both the largest consumer and producer of buses. By 2010, China will account for about one-third of global sales and will continue to be a major exporter of buses. The number of producers in that nation was estimated at over 100 in 2005, but may consolidate to ten major companies by 2010. The most popular bus types worldwide tend to be smaller, less expensive units that transport small groups of people; this category accounted for slightly over 60 percent of unit sales in 2005. These buses typically carry fewer than 45 passengers, are often built on medium-duty truck chassis, and are used to transport patients, workers, and students. (The so-called Type C school bus is a distinct, small subcategory in this group.) The two other major categories are motor coaches and transit buses.
ISSN:0007-666X
1554-432X
DOI:10.2145/20080208