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Trolley Bus Market Trends and Forecast


The future of the global trolley bus market looks promising with opportunities in the local commuter transportation and amusement parks. The global trolley bus market is expected to grow with a CAGR of 12% to 14% from 2023 to 2028. The major drivers for this market are increasing popularity of electric vehicles and growing demand for affordable local commute.
Trolley Bus Market by Bus Type, and Application
 

Emerging Trends in the Trolley Bus Market

Emerging trends, which have a direct impact on the dynamics of the industry, include growing concern towards sustainability and initiatives taken to curb the emissions and emergence of electric school buses.
A more than 150-page report is developed to help in your business decisions.  Sample figures with some insights are shown below. 
Trolley Bus Market by Segments

Trolley Bus Market by Segment

The study includes a forecast for the global trolley bus market by bus type, application, and region, as follows:
 

Trolley Bus Market by Bus Type [Value ($B) shipment analysis for 2017-2028]:

  • Pure Electric
  • Dual Powered

Trolley Bus Market by Application [Value ($B) shipment analysis for 2017-2028]:

  • Local Commuter Transportation
  • Amusement Parks
  • Others

Trolley Bus Market by Region [Value ($B) shipment analysis for 2017-2028]:

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

List of Trolley Bus Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies trolley bus companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the trolley bus companies profiled in this report include. 

Trolley Bus Market Insights

  • Lucintel forecasts that pure electric will remain the largest segment over the forecast period as these busses are environmentally safe and the requirement for trolley busses is anticipated to rise further with increasing interest for sustainability and measures adopted to reduce emissions.
  • Local commuter transportation is expected to remain the largest segment due to higher operational life as compared to the motor buses and improving the off-wire power capabilities in order to increase the adaptability of the trolley buses.
  • North America will remain the fastest growing region due to high demand in transportation and increasing demand for trolley buses for traveling to commute places. Additionally, technical advancements and government’s increasing R&D investments is also one of the reasons behind market uplifting.

Features of the Trolley Bus Market

  • Market Size Estimates: Trolley bus market size estimation in terms of value ($B)
  • Trend and Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.
  • Segmentation Analysis: Trolley bus market size by various segments, such as by bus type, application, and region.
  • Regional Analysis: Trolley bus market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
  • Growth Opportunities: Analysis on growth opportunities in different by bus type, application, and regions for the trolley bus market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape for the trolley bus market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the trolley bus market size?
Answer: The global trolley bus market is expected to reach an estimated $xx billion by 2028.
Q2. What is the growth forecast for trolley bus market?
Answer: The global trolley bus market is expected to grow with a CAGR of 12% to 14% from 2023 to 2028.
Q3. What are the major drivers influencing the growth of the trolley bus market?
Answer: The major drivers for this market are increasing popularity of electric vehicles and  growing demand for affordable local commute.
Q4. What are the major segments for trolley bus market?
Answer: The future of the trolley bus market looks promising with opportunities in the local commuter transportation and amusement parks.
Q5. What are the emerging trends in trolley bus market?
Answer: Emerging trends, which have a direct impact on the dynamics of the industry, include growing concern towards sustainability and initiatives taken to curb the emissions and emergence of electric school buses.
Q6. Who is the key trolley bus companies?
Answer: Some of the key trolley bus companies are as follows:
  • Astra Bus
  • Hometown Trolly
  • Molly
  • Gomaco Trolley
  • Pandrol
  • Viseon Bus GmbH
  • Salzburg AG
  • BPSWA
  • Solaris Bus & Coach S.A
  • Bogdan
Q7. Which trolley bus segment will be the largest in future?
Answer: Lucintel forecasts that pure electric will remain the largest segment over the forecast period as these busses are environmentally safe and the requirement for trolley busses is anticipated to rise further with increasing interest for sustainability and measures adopted to reduce emissions.
Q8. In trolley bus market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the fastest growing region due to high demand in transportation and increasing demand for trolley buses for traveling to commute places. Additionally, technical advancements and government’s increasing R&D investments is also one of the reasons behind market uplifting.
Q9. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.
 

This report answers following 11 key questions

Q.1. What are some of the most promising, high-growth opportunities for the trolley bus market by bus type (pure electric and dual powered), application (local commuter transportation, amusement parks, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
 
For any questions related to trolley bus market or related trolley bus companies, trolley bus market size, trolley bus market share, trolley bus analysis, write Lucintel analyst at email: helpdesk@lucintel.com  we will be glad to get back to you soon.
Table of Contents
 
1. Executive Summary
 
2. Global Trolley Bus Market: Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
 
3. Market Trends and Forecast Analysis from 2017 to 2028
3.1: Macroeconomic Trends (2017-2022) and Forecast (2023-2028)
3.2: Global Trolley Bus Market Trends (2017-2022) and Forecast (2023-2028)
3.3: Global Trolley Bus Market by Bus Type 
3.3.1: Pure Electric 
3.3.2: Dual Powered 
3.4: Global Trolley Bus Market by Application 
3.4.1: Local Commute Transportation
3.4.2: Amusement Parks
3.4.3: Others 
 
4. Market Trends and Forecast Analysis by Region from 2017-2028
4.1: Global Trolley Bus Market by Region
4.2: North American Trolley Bus Market
4.2.1: North American Trolley Bus Market by Bus Type: Pure Electric and Dual Powered
4.2.2: North American Trolley Bus Market by Application: Local Commuter Transportation, Amusement Parks, and Others
4.3: European Trolley Bus Market
4.3.1: European Trolley Bus Market by Bus Type: Pure Electric and Dual Powered
4.3.2: European Trolley Bus Market by Application: Local Commuter Transportation, Amusement Parks, and Others
4.4: APAC Trolley Bus Market 
4.4.1: APAC Trolley Bus Market by Bus Type: Pure Electric and Dual Powered
4.4.2: APAC Trolley Bus Market by Application: Local Commuter Transportation, Amusement Parks, and Others
4.5: ROW Trolley Bus Market 
4.5.1: ROW Trolley Bus Market by Bus Type: Pure Electric and Dual Powered
4.5.2: ROW Trolley Bus Market by Application: Local Commuter Transportation, Amusement Parks, and Others
 
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
 
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Trolley Bus Market by Bus Type 
6.1.2: Growth Opportunities for the Global Trolley Bus Market by Application 
6.1.3: Growth Opportunities for the Global Trolley Bus Market by Region
6.2: Emerging Trends in the Global Trolley Bus Market 
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Trolley Bus Market 
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Trolley Bus Market 
 
7. Company Profiles of Leading Players
7.1: Astra Bus
7.2: Hometown Trolly 
7.3: Molly 
7.4: Gomaco Trolley 
7.5: Pandrol 
7.6: Viseon Bus GmbH
7.7: Salzburg AG
7.8: BPSWA 
7.9: Solaris Bus & Coach S.A
7.10: Bogdan 
 
.

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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
  • In-depth interviews of the major players in this market
  • Detailed secondary research from competitors’ financial statements and published data 
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
 
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process. 
 

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