Global Double-decker Bus Market By Type (Electric Bus, Natural Gas Power Bus, Hybrids Bus, Gasoline Power Bus, Diesel Power Bus), By Application (City Traffic, Inter-city Traffic, School, Other), By Region and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2019–2028

Market.US announces publication of its most recently generated research report titled, “Global Double-decker Bus Market by Bus Type (Electric Bus, CNG Bus, Hybrid Bus, and Diesel/Gasoline Bus), By Application (Public Transport, Intercity/Coaches, Other Applications), and by Region – Global Forecast to 2029.”, which offers a holistic view of the global double-decker bus market through systematic segmentation that covers every aspect of the target market.

The global double-decker bus market is projected to be US$ 1,165.5 Mn in 2020 to reach US$ 1,581.7 Mn by 2029 at a CAGR of 3.5%.

The double-decker buses provide mass transport facilities and tours of specific or historical areas and locations in some countries. Initially, the double-decker buses were fabricated to have the driver seated in a separate cabin from the passenger coach.

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Passengers could enter through an open platform from the rear door of the lower coach of the bus, where the bus conductor collected the fare according to the preferred stop where the passenger wanted to disembark.

Modern-day, double-decker buses are designed with a driver cabin inside the vehicle and on the lower coach of the vehicle. Newer busses have front and rear doors, and the driver generally collects the fare, and a conductor is not required in some instances. The time needed for passengers to the board has been significantly reduced compared to that for older buses. Most of the double-decker buses have provisions for the driver to monitor or observe passengers who are seated on the upper deck of the bus.

Global Double-decker Bus Market Revenue (US$ Mn), 2020–2030

The depleting resources of oil and gas, stringent government regulations about automotive emissions, incorporation of solar and battery-powered vehicles, favorable policies for adopting electric or other alternative powered vehicles, and hybrid vehicles, including double-decker buses, are the major factors contributing to the growth of the target market.

However, due to the double-decker buses' size and design, additional costs for operation and maintenance increases. Moreover, double-decker buses require drivers to have additional or special training to drive these vehicles. It might hamper market growth to a certain extent.

Concerns about the potential increase in health-related issues and the rising trend of smart cities are crucial factors expected to potentially shift towards adopting double-decker buses in the near future.

Global Double-decker Bus Market Attractiveness Analysis by Bus Type, 2020–2029

The global double-decker bus market report is segmented based on product type, application, and regions. Product type segments include electric bus, CNG bus, hybrid bus, diesel/ gasoline bus. The diesel/ gasoline segment currently accounts for the largest revenue share in the global double-decker bus market. On the basis of applications, the market is segmented into public transport, intercity/coaches, others. The other application segment includes tourism, school, etc. The public transport segment is expected to account for a significant revenue share in the global market. The global double-decker bus market is segmented regionally into North America, Europe, Asia Pacific, South America, and Middle East & Africa. Among the regional markets, the market in Europe is projected to continue to account for the majority revenue share in the global market, owing to a thriving and expanding travel and tourism sector in countries in the region. Each region is further segmented country-wise, and details and revenue, and growth rates are included accordingly.

The research report on the global double-decker bus market includes profiles of some of the major companies such as Daimler AG, Volkswagen AG (Scania AB & MAN SE), Hinduja Group (Ashok Leyland), AB Volvo (Volvo Buses), BYD Co Ltd. (BYD Auto), VDL Groep BV, Zhengzhou Yutong Bus Co., Ltd., NFI Group Inc. (Alexander Dennis Ltd.), Marcopolo S.A., Van Hool NV, Adi Putro, and Bustech Pty Ltd., and others.

Segmentation for Global Double-decker Bus Market based on Bus Type, Application, and Region

Based on Product Type

• Electric Bus
• CNG Bus
• Hybrids Bus
• Diesel/Gasoline Bus

Based on Application

• Public Transport
• Intercity/Coaches
• Other Applications

Based on Region

• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa

Based on Major Companies

• Daimler AG
• Volkswagen AG (Scania AB & MAN SE)
• Hinduja Group (Ashok Leyland)
• AB Volvo (Volvo Buses)
• BYD Co Ltd. (BYD Auto)
• VDL Groep BV
• Zhengzhou Yutong Bus Co. Ltd.
• NFI Group Inc. (Alexander Dennis Ltd.)
• Marcopolo S.A.
• Van Hool NV
• Adi Putro
• Bustech Pty Ltd.
• others

For the Global Double-decker Bus Market research study, the following years have been considered to estimate the market size: