Bus Chassis Market 2021 Key Players, End User, Demand and Consumption by 2029

Chassis is an integral part of the vehicle also known as support structure or frame of the vehicle. Bus Chassis consists of structural underframe, engine, radiator, wheels, hcv axles, suspension, gearbox, transmission, dashboard, steering wheel, and driver’s seat. Bus Chassis bears all the stresses on the vehicle in both static and dynamic condition. Chassis plays an important role in maintaining the drive comfort and durability of the structural components. Increasing demand for luxurious buses from private bus fleet owners and corporate offices is anticipated to support the demand for new buses and successively fuel the growth of bus chassis market all across the globe. Owing to the increasing sales of buses, the demand for durable, light weight and high strength Bus Chassis is estimated to witness significant growth during the forecast period. This in turn is anticipated to substantially contribute to the growing market of Bus Chassis during the forecast period.

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Bus Chassis Market: Dynamics

Growing concerns over pollution caused, particularly by automobiles, has forced governments in several nations to make few drastic dealings to maintain a regional or country level pollution check. This in turn is leading towards increasing investments in alternative fuels and electric vehicles. Significant increase in demand for electric buses is estimated to drive the growth of global bus chassis market during the forecast period. Rapidly increasing services sector in several countries, and rising trend of providing pick and drop facilities to the employees is estimated to be a key driving factor for the demand of new buses and consequently for the growth of bus chassis market.

Bus Chassis Market: Regional Outlook

Rapid urbanization in various developing countries across the globe, led to increase in demand for basic services including housing, water, sanitation and transport. Asia Pacific region is estimated to project significant opportunities in the global bus chassis market owing to relatively higher demand for public and private transit buses in the region. Countries including China and India are expected to be at the forefront in terms of growth in the global bus chassis market. Developed regions including North America and Europe is also estimated to witness significant growth in the coming years on the backdrop of increasing demand for electric buses.

Bus Chassis Market: Key Participants

Examples of some of the market participants identified across the value chain of the global Bus Chassis market include:

• Dongfeng Motor Corporation
• TATA MOTORS
• Daimler India Commercial Vehicles Pvt. Ltd.
• Scania AB
• Eicher Motors Limited
• AB Volvo
• Ashok Leyland

The report covers exhaustive analysis on:

• Bus Chassis Market Segments
• Bus Chassis Market Dynamics
• Bus Chassis Market Size
• Bus Chassis Supply & Demand
• Bus Chassis Current Trends/Issues/Challenges
• Bus Chassis Competition & Companies involved
• Bus Chassis Technology
• Bus Chassis Value Chain

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Regional analysis includes:

• North America (U.S., Canada)
• Latin America (Mexico, Brazil)
• Europe (Germany, Italy, France, U.K, Spain, Russia)
• South Asia (India, Indonesia, Thailand)
• East Asia (China, Japan, South Korea,)
• Oceania (Australia & New Zealand)
• Middle East and Africa (GCC Countries, South Africa, Northern Africa)

Bus Chassis Market: Segments

The global Bus Chassis market has been segmented by Bus Type, Axle Type, by Chassis Frame and by Propulsion Type

By type of Bus Type, the global Bus Chassis market is segmented into

• Public Transit Bus Chassis
• Private Transit Bus Chassis
• Corporate Bus Chassis
• School and College Bus Chassis
• Special Purpose Bus Chassis (Defense, RVs, Tourist Buses etc.)

By type of Bus Axle, the global Bus Chassis market is segmented into

• Single Axle Bus Chassis
• Multi Axle Bus Chassis

By type of Chassis Frame, the global Bus Chassis market is segmented into

• Ladder Frame Bus Chassis
• Tubular Space Bus Chassis

By type of Propulsion, the global Bus Chassis market is segmented into

• Diesel Engine
• CNG
• Electric

Report Highlights:

• Detailed overview of parent market
• Changing market dynamics in the industry
• In-depth market segmentation
• Historical, current and projected market size in terms of volume and value
• Recent industry trends and developments
• Competitive landscape
• Strategies of key players and products offered
• Potential and niche segments, geographical regions exhibiting promising growth
• A neutral perspective on market performance
• Must-have information for market players to sustain and enhance their market footprint

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