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The MENA Bus and Coach Market stood at USD3,374.67 million in the year 2020, which is expected to grow at a CAGR of 4.78% during the forecast period, 2022-2026, to achieve a market value of USD4,472.08 million by 2026F. This anticipated growth may be due to increasing dependency on public transportation instead of personal vehicles for regular and daily commutes. Increasing concerns regarding the depletion of the environment and surging demand for fuel-efficient modes of transport are further driving the growth of the MENA Bus and Coach Market in the upcoming five years. Increased production of buses & coaches and their higher sales to provide available public transportation to the large populations in various countries of the region are further anticipated to support the growth of the MENA Bus and Coach Market in the next five years. Moreover, the development of the road infrastructure increasing construction of highways, roadways, etc., further facilitates the growth of the MENA Bus and Coach Market in the future five years. Although due to the recent pandemic, transportation and commute processes were withheld. The complete lockdown situation affected the economies as well as the production capacities, which might have restrained the growth of the market, but with the relaxation in the lockdown and reinstatement of the production units, the market is anticipated to recover the slowed growth in the forecast period. Speak directly to the analyst to clarify any post sales queries you may have.
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The MENA Bus and Coach Market is segmented by length, application based on types of buses, application based on the type of usage, seating capacity, fuel type, body type, country, and competitive landscape. Based on fuel type, the market is further bifurcated into diesel, electric & hybrid, alternative fuels, fuel cell, and petrol/gasoline. Diesel is anticipated to hold the largest revenue shares of the market and dominate the market segment in the upcoming five years on the grounds of a higher fleet of diesel based commercial vehicles in the countries of the Middle East & North Africa region. Moreover, the traditional usage of diesel to power commercial vehicles would further support the growth of the market. Electric & hybrid fuel types may register the fastest growing CAGR in the upcoming five years due to increasing concerns regarding environmental depletion and higher costs of fuel types like gasoline, petrol, diesel, etc. Advanced technology and increasing demand for electric vehicles and hybrid vehicles further facilitate the growth of the sub-segment.
Tata Motors Ltd., MAN Truck & Bus Middle East FZE, Yutong Bus Co. Ltd., Isuzu Motors Limited, Ashok Leyland UAE LLC, Scania CV AB (publ), Mercedes-Benz Turk A.S., AB Volvo, VDL Groep bv, and Toyota Motor Corporation are among the major market players in the MENA Bus and Coach Market.
Years considered for this report:
- Historical Years: 2016-2019
- Base Year: 2020
- Estimated Year: 2021
- Forecast Period: 2022-2026
Objective of the Study:
- To analyze the market size of the MENA Bus and Coach Market from 2016 to 2020.
- To estimate and forecast the market size of the MENA Bus and Coach Market from 2020 to 2021 and growth rate until 2026.
- To classify and forecast the MENA Bus and Coach Market based on length, application based on types of buses, application based on type of usage, seating capacity, fuel type, body type, country, and competition landscape.
- To identify dominant country or segment in the MENA Bus and Coach Market.
- To identify drivers and challenges for the MENA Bus and Coach Market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the MENA Bus and Coach Market.
- To identify and analyze the profile of leading players operating in the MENA Bus and Coach Market.
- To identify key sustainable strategies adopted by the market players in the MENA Bus and Coach Market.
The publisher performed both primary as well as exhaustive secondary research for this study. Initially, the publisher sourced a list of manufacturers across the region. Subsequently, the publisher conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, the publisher could include the manufacturers which could not be identified due to the limitations of secondary research. The publisher analyzed the manufacturers, distribution channels and presence of all major players across the MENA region.
The publisher calculated the market size of the MENA Bus and Coach Market by using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. The publisher sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these products and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied.
Key Target Audience:
- Manufacturers, suppliers, distributors and other stakeholders
- Government bodies such as regulating authorities and policy makers
- Organizations, forums and alliances related to bus & coaches
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers, partners, end-users, etc., besides allowing them in strategizing investments and capitalizing on the market opportunities.
Report Scope:
In this report, the MENA Bus and Coach Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
MENA Bus and Coach Market, By Length:
- 6-8m
- 10-12m
- 8-10m
- Above 12m
MENA Bus and Coach Market, By Type of Buses:
- Mini-coach
- Mid Coach
- Shuttle Bus
- Motor Coach
- Double Decker Bus
- Others
MENA Bus and Coach Market, By Type of Usage:
- Office Bus
- School Bus
- Tourist Bus
- Public Transport
MENA Bus and Coach Market, By Seating Capacity:
- Up To 30
- 31-40
- 41-50
- Above 50
MENA Bus and Coach Market, By Fuel Type:
- Diesel
- Petrol/Gasoline
- Alternative Fuels
- Electric & Hybrid
- Fuel Cell
MENA Bus and Coach Market, By Body Type:
- Customizable
- Fully-Built
MENA Bus and Coach Market, By Country:
- Saudi Arabia
- UAE
- Egypt
- Oman
- Iran
- Qatar
- Kuwait
- Bahrain
- Iraq
- Morocco
- Jordan
- Tunisia
- Algeria
- Sudan
- Lebanon
- Palestine
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the MENA Bus and Coach Market.
Available Customizations:
With the given market data, the publisher offers customizations according to a company’s specific needs.
Frequently Asked Questions about the MENA Bus and Coach Market
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Report Attribute | Details |
---|---|
No. of Pages | 216 |
Published | March 2022 |
Forecast Period | 2016 - 2026 |
Estimated Market Value ( USD
| USD 3356.57 Million |
Forecasted Market Value ( USD
| USD 4472.08 Million |
Compound Annual Growth Rate | 2.9% |
Regions Covered | Africa, Middle East |
Table of Contents
1. Product Overview2. Research Methodology3. Executive Summary23. Market Trends and Developments24. Impact of COVID-19 on Global MENA Bus and Coach Market26. Strategic Recommendations
4. Voice of Customer
5. MENA Bus and Coach Market Outlook
6. Saudi Arabia Bus and Coach Market Outlook
7. UAE Bus and Coach Market Outlook
8. Egypt Bus and Coach Market Outlook
9. Oman Bus and Coach Market Outlook
10. Iran Bus and Coach Market Outlook
11. Qatar Bus and Coach Market Outlook
12. Kuwait Bus and Coach Market Outlook
13. Bahrain Bus and Coach Market Outlook
14. Iraq Bus and Coach Market Outlook
15. Morocco Bus and Coach Market Outlook
16. Jordan Bus and Coach Market Outlook
17. Tunisia Bus and Coach Market Outlook
18. Algeria Bus and Coach Market Outlook
19. Sudan Bus and Coach Market Outlook
20. Lebanon Bus and Coach Market Outlook
21. Palestine Bus and Coach Market Outlook
22. Market Dynamics
25. Competitive Landscape
List of Figures
Companies Mentioned
A selection of companies mentioned in this report includes:
- Tata Motors Ltd.
- MAN Truck & Bus Middle East FZE
- Yutong Bus Co. Ltd
- Isuzu Motors Limited
- Ashok Leyland UAE LLC
- Scania CV AB (publ)
- Mercedes-Benz Turk A.S.
- AB Volvo
- VDL Groep bv
- Toyota Motor Corporation