Tata motors tatamotors company

Saudi Arabia Bus Market was valued around USD 13.51 Billion in 2019 and is projected to grow at CAGR of 8.52% during the forecast period on account of growing inclination of the population towards public transportation. Furthermore, as part of the Saudi Vision 2030, the country is planning to promote and enhance public transport in the country, which is anticipated to positively influence the market growth over the coming years. Saudi Arabia bus market can be segment ed based on bus length, seating capacity, fuel type, application and region. In terms of seating capacity, market can be segregated into 15-30, 30-40, 40-50 and above 50. Among these, 30-40 segment dominated the market as it is the preferred segment on account of easy boarding, even with a stroller or wheelchair. Additionally, it can easily store large volumes of luggage. Request a free sample copy of Saudi Arabia Bus Market Report @ http://www.marketreportsonsaudiarabia.com/marketreports/sample/reports/2256990 Based on fuel type, diesel segment led the Saudi Arabia bus market with share of 71.84% in 2019 due to its low price in the country. However, increasing emphasis by the governments on clean energy public transportation, share of electric & hybrid bus is expected to increase over the coming years. Furthermore, increasing air pollution and reducing cost of batteries are expected to have a positive impact on the market growth of electric & hybrid buses in the country. Based on application, transit bus segment is expected to grow at the highest rate as public bus operators are upgrading bus fleets to reduce fuel and emission costs, while enhancing the riding experience. Major players operating in the Saudi Arabia bus market include Mercedes Benz AG, MAN SE, Scania AB, Tata Motors Limited, Hyundai Motors Company, AB Volvo, Eicher Motors Limited, Mitsubishi Fuso Truck and Bus Corporation, Ashok Leyland Limited and Alexander Dennis Limited (ADL). The key players in the market are investing in research & development activities to manufacture technologically advanced buses and increase their market share. Browse our full report with Table of Contents: http://www.marketreportsonsaudiarabia.com/marketreports/saudi-arabia-bus-market-by-bus-length-up-to-8-m-8-10-m-10-12-m-above-12-m-by-seating-capacity-15-30-30-40-40/2256990 Contact us at: Market Reports On Saudi Arabia Tel: +91 show contact info / 27810773