Midi Bus Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
A midibus is a type of single-decker minibuses are larger than old minibus and smaller than full-size single decker. Companies like Ashok Leyland are focusing on introducing next-generation AC Midi bus in Indian market. Due to their greater reliability and minimal cost of operations, midi bus are gaining momentum across emerging economies.
MARKET DYNAMICS
Pertaining to rise in the demand for aesthetically appealing, ergonomically, and superior design for mass transportation of citizens is driving the use of midi bus. This factor are contributing towards the growth of midi bus market. Nevertheless, with rising need for safe and comfortable transport solution among commuters, the adoption of midi bus will increase and is anticipated to provide lucrative opportunities to midi bus during the forecast period.
MARKET SCOPE
The "Global Midi Bus Market Analysis to 2028" is a specialized and in-depth study of the automotive and transportation industry with a special focus on the global market trend analysis. The report aims to provide an overview of the midi bus market with detailed market segmentation- propulsion, application, and geography. The global midi bus market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading midi bus market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global midi bus market is segmented on the basis of propulsion and application. Based on propulsion, the midi bus market is segmented into electric, hybrid, natural gas, diesel. On the basis of application, the midi bus market is segmented into intracity, intercity.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global midi bus market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The midi bus market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the midi bus market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the midi bus in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global midi bus market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The midi bus market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the midi bus market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the midi bus in these regions.
MARKET PLAYERS
The reports cover key developments in the midi bus market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from midi bus market are anticipated to lucrative growth opportunities in the future with the rising demand for midi bus in the global market. Below mentioned is the list of few companies engaged in the midi bus market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the midi bus market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Ashok Leyland Ltd.
- AB Volvo
- BYD Auto Co. Ltd.
- Daimler AG
- Isuzu Motors Ltd.
- IVECO S.p.A.
- Lion Electric
- Pelican
- TPER Bologna
- Toyota Motor Corporation
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
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Segment Covered
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Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
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Country Scope
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1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Midi Bus Market - By Propulsion
1.3.2 Midi Bus Market - By Application
1.3.3 Midi Bus Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. MIDI BUS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. MIDI BUS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. MIDI BUS MARKET - GLOBAL MARKET ANALYSIS
6.1. MIDI BUS - GLOBAL MARKET OVERVIEW
6.2. MIDI BUS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. MIDI BUS MARKET - REVENUE AND FORECASTS TO 2028 - PROPULSION
7.1. OVERVIEW
7.2. PROPULSION MARKET FORECASTS AND ANALYSIS
7.3. ELECTRIC
7.3.1. Overview
7.3.2. Electric Market Forecast and Analysis
7.4. HYBRID
7.4.1. Overview
7.4.2. Hybrid Market Forecast and Analysis
7.5. NATURAL GAS
7.5.1. Overview
7.5.2. Natural Gas Market Forecast and Analysis
7.6. DIESEL
7.6.1. Overview
7.6.2. Diesel Market Forecast and Analysis
8. MIDI BUS MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. INTRACITY
8.3.1. Overview
8.3.2. Intracity Market Forecast and Analysis
8.4. INTERCITY
8.4.1. Overview
8.4.2. Intercity Market Forecast and Analysis
9. MIDI BUS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Midi Bus Market Overview
9.1.2 North America Midi Bus Market Forecasts and Analysis
9.1.3 North America Midi Bus Market Forecasts and Analysis - By Propulsion
9.1.4 North America Midi Bus Market Forecasts and Analysis - By Application
9.1.5 North America Midi Bus Market Forecasts and Analysis - By Countries
9.1.5.1 United States Midi Bus Market
9.1.5.1.1 United States Midi Bus Market by Propulsion
9.1.5.1.2 United States Midi Bus Market by Application
9.1.5.2 Canada Midi Bus Market
9.1.5.2.1 Canada Midi Bus Market by Propulsion
9.1.5.2.2 Canada Midi Bus Market by Application
9.1.5.3 Mexico Midi Bus Market
9.1.5.3.1 Mexico Midi Bus Market by Propulsion
9.1.5.3.2 Mexico Midi Bus Market by Application
9.2. EUROPE
9.2.1 Europe Midi Bus Market Overview
9.2.2 Europe Midi Bus Market Forecasts and Analysis
9.2.3 Europe Midi Bus Market Forecasts and Analysis - By Propulsion
9.2.4 Europe Midi Bus Market Forecasts and Analysis - By Application
9.2.5 Europe Midi Bus Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Midi Bus Market
9.2.5.1.1 Germany Midi Bus Market by Propulsion
9.2.5.1.2 Germany Midi Bus Market by Application
9.2.5.2 France Midi Bus Market
9.2.5.2.1 France Midi Bus Market by Propulsion
9.2.5.2.2 France Midi Bus Market by Application
9.2.5.3 Italy Midi Bus Market
9.2.5.3.1 Italy Midi Bus Market by Propulsion
9.2.5.3.2 Italy Midi Bus Market by Application
9.2.5.4 United Kingdom Midi Bus Market
9.2.5.4.1 United Kingdom Midi Bus Market by Propulsion
9.2.5.4.2 United Kingdom Midi Bus Market by Application
9.2.5.5 Russia Midi Bus Market
9.2.5.5.1 Russia Midi Bus Market by Propulsion
9.2.5.5.2 Russia Midi Bus Market by Application
9.2.5.6 Rest of Europe Midi Bus Market
9.2.5.6.1 Rest of Europe Midi Bus Market by Propulsion
9.2.5.6.2 Rest of Europe Midi Bus Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Midi Bus Market Overview
9.3.2 Asia-Pacific Midi Bus Market Forecasts and Analysis
9.3.3 Asia-Pacific Midi Bus Market Forecasts and Analysis - By Propulsion
9.3.4 Asia-Pacific Midi Bus Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Midi Bus Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Midi Bus Market
9.3.5.1.1 Australia Midi Bus Market by Propulsion
9.3.5.1.2 Australia Midi Bus Market by Application
9.3.5.2 China Midi Bus Market
9.3.5.2.1 China Midi Bus Market by Propulsion
9.3.5.2.2 China Midi Bus Market by Application
9.3.5.3 India Midi Bus Market
9.3.5.3.1 India Midi Bus Market by Propulsion
9.3.5.3.2 India Midi Bus Market by Application
9.3.5.4 Japan Midi Bus Market
9.3.5.4.1 Japan Midi Bus Market by Propulsion
9.3.5.4.2 Japan Midi Bus Market by Application
9.3.5.5 Rest of Asia-Pacific Midi Bus Market
9.3.5.5.1 Rest of Asia-Pacific Midi Bus Market by Propulsion
9.3.5.5.2 Rest of Asia-Pacific Midi Bus Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Midi Bus Market Overview
9.4.2 Middle East and Africa Midi Bus Market Forecasts and Analysis
9.4.3 Middle East and Africa Midi Bus Market Forecasts and Analysis - By Propulsion
9.4.4 Middle East and Africa Midi Bus Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Midi Bus Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Midi Bus Market
9.4.5.1.1 South Africa Midi Bus Market by Propulsion
9.4.5.1.2 South Africa Midi Bus Market by Application
9.4.5.2 Saudi Arabia Midi Bus Market
9.4.5.2.1 Saudi Arabia Midi Bus Market by Propulsion
9.4.5.2.2 Saudi Arabia Midi Bus Market by Application
9.4.5.3 U.A.E Midi Bus Market
9.4.5.3.1 U.A.E Midi Bus Market by Propulsion
9.4.5.3.2 U.A.E Midi Bus Market by Application
9.4.5.4 Rest of Middle East and Africa Midi Bus Market
9.4.5.4.1 Rest of Middle East and Africa Midi Bus Market by Propulsion
9.4.5.4.2 Rest of Middle East and Africa Midi Bus Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Midi Bus Market Overview
9.5.2 South and Central America Midi Bus Market Forecasts and Analysis
9.5.3 South and Central America Midi Bus Market Forecasts and Analysis - By Propulsion
9.5.4 South and Central America Midi Bus Market Forecasts and Analysis - By Application
9.5.5 South and Central America Midi Bus Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Midi Bus Market
9.5.5.1.1 Brazil Midi Bus Market by Propulsion
9.5.5.1.2 Brazil Midi Bus Market by Application
9.5.5.2 Argentina Midi Bus Market
9.5.5.2.1 Argentina Midi Bus Market by Propulsion
9.5.5.2.2 Argentina Midi Bus Market by Application
9.5.5.3 Rest of South and Central America Midi Bus Market
9.5.5.3.1 Rest of South and Central America Midi Bus Market by Propulsion
9.5.5.3.2 Rest of South and Central America Midi Bus Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. MIDI BUS MARKET, KEY COMPANY PROFILES
11.1. ASHOK LEYLAND LTD.
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. AB VOLVO
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. BYD AUTO CO. LTD.
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. DAIMLER AG
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. ISUZU MOTORS LTD.
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. IVECO S.P.A.
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. LION ELECTRIC
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. PELICAN
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. TPER BOLOGNA
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. TOYOTA MOTOR CORPORATION
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Ashok Leyland Ltd.
2. AB Volvo
3. BYD Auto Co. Ltd.
4. Daimler AG
5. Isuzu Motors Ltd.
6. IVECO S.p.A.
7. Lion Electric
8. Pelican
9. TPER Bologna
10. Toyota Motor Corporation
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.