Indian Bus Market Forecast

Publish Date : December, 2023

ACG is going to release an exclusive Indian Bus market forecast report. This report assists OEMs, Suppliers, and New entrant management in making informed strategic business decisions about the Market, Technology, Customers and products.

This report also helps to understand customer preferences, key bus routes, Changes in Market Dynamics, Solve business problems, and launch New buses in the market.

The Indian Bus Market Forecast is divided into the following sections:

Bus Segment Market Size (By Units and Value): Different Bus Segments and Bus Application in India like School, Staff, Intercity, Tourist, Airport, and Route Permit services.

Length of the bus: Bus Classification is based on the length of the bus, and Bus fleet type – STU, and Private.

Price bracket and Analysis: Price and TCO Play an important role in bus buying decisions. We examine what are the key factors that influence the buying decision.

Price segment: Entry or Economic, Premium, and Luxury bus segment. Classification of Indian Bus Industry based on Price and potential future market forecast.

Bus Financing: Trends and Insights of the Financing Bus Options in India and Outlook.

Regional Analysis: Trend and growth projection across key states and regions, including Metro cities, Tier I,  Tier II, Tier III, and tourist cities. City-wise demand for Buses in India.

Fuel Type: Outlook of Electric Buses, Diesel Buses, CNG Buses, LNG, and Hydrogen Fuel Cell Buses. Map the drivetrain with different Applications of the buses. The adoption rate of different fuel type buses in the next 10 years.

Feasibility Analysis based on Application of the Bus, and types of Drivetrain.

Government Policies: State-wise government policies in India that may impact the growth of the Bus Industry. How does EV policy impact the future of the Bus Industry?

Drivers and Enablers: Identification of the key drivers and enablers that are expected to contribute to the growth of the bus industry in India.

Bus Business Models: Exploration of emerging business models in the industry, such as aggregator-based models, PPP models, and leasing models.

New Market Requirements: Identify the market trend and demands, including  Double Decker buses and the shift trend towards multi-axle buses after improvement of road infrastructure.

Bus Industry Growth Drivers: Urban population, Road Infrastructure development, Optimize the bus route, Seamless transition to new BS VI OBD II emission standards, Digital Dashboard, App and other feature which increase the efficiency of the bus,  Introduction of Premium features like AC and other features.

Product Strategy and Roadmap: How Different Bus Models Position on different product criteria like Price, Range, Engine, Drivetrain, Application, and other

Technical Bus Data: Electric and ICE Critical Bus data along with TCO

Competitor Analysis:

  • Tata Motors
  • BharatBenz
  • Ashok Leyland
  • Eicher
  • Volvo
  • Scania
  • Switch Mobility
  • Olectra
  • PMI Electro
  • JBM, and
  • Force Motors

Leave a Reply

Your email address will not be published. Required fields are marked *

Want to Continue the Conversation?

Speak to Our Experts