China Bus Industry Discussed and Forecast in New ResearchInChina Research Report Recently Published at MarketPublishers.com22 Sep 2015 • by Natalie Aster
LONDON – Demand for new energy buses as well as light-duty buses has demonstrated a considerable increase in China. Sales volume of buses (with bus chassis included) almost reached 607,000 vehicles in 2014, a rise by approximately 8.4 percent YoY. A sales volume of new energy buses amounted to 27,000 vehicles in 2014, representing an upturn by 160 percent from 2013.
Plug-in hybrid buses are becoming increasingly popular given their high performance and low prices. As a result, they held the largest share (around 48 percent) in the market for new energy buses. A sales volume of school buses dropped significantly in 2014, down by 15 percent YoY.
With several large companies being present in the marketplace, the market is dominated by Shenyang Jinbei Automotive.
Cutting-edge research report “China Bus Industry Report, 2015-2018” developed by ResearchInChina offers a bird’s eye view of the Chinese market for buses. The study contains a detailed overview of the marketplace, estimates its sizing and uncovers market structure. It limelights exports and imports trends, discuss performance of market segments and focus on new energy bus market. The report concentrates on the industry chain and profiles top companies. Future market outlook can be found in the research study.
China Bus Industry Report, 2015-2018
Published: August, 2015
Price: US$ 2,200.00
More new reports by the publisher can be found at ResearchInChina page.