Marchés français ouverture 4 h 25 min
  • Dow Jones

    30 937,04
    -22,96 (-0,07 %)
  • Nasdaq

    13 626,06
    -9,93 (-0,07 %)
  • Nikkei 225

    28 596,06
    +49,88 (+0,17 %)

    -0,0003 (-0,02 %)

    29 422,33
    +31,07 (+0,11 %)

    26 159,55
    -754,02 (-2,80 %)
  • CMC Crypto 200

    -6,65 (-1,03 %)
  • S&P 500

    3 849,62
    -5,74 (-0,15 %)

Intense Competition among Dealers and Distributors Reshaping the Gulf Cooperation Council (GCC) Bus Industry

·2 min de lecture

The GCC bus industry is expected to grow at a compound annual growth (CAGR) of 3. 6% by 2025. Industry sales have been severely impacted by the economic downturn, resulting from decline in oil prices due to the OPEC Agreement.

New York, Jan. 11, 2021 (GLOBE NEWSWIRE) -- announces the release of the report "Intense Competition among Dealers and Distributors Reshaping the Gulf Cooperation Council (GCC) Bus Industry" -
Moreover, the COVID-19 pandemic is having a major effect on GCC bus industry sales, which are estimated to decline by 19% in 2020. An expected rollback of GCC government infrastructure development projects in Q2/ Q3 of 2021 and government initiatives to diversify economies and investments in non-oil reforms will help the GCC bus industry gain momentum in the next 3 to 4 years.Key trends expected to fuel demand for new buses include the following: increasing urbanization; government focus on boosting public transportation infrastructure in alignment with National Vision 2030 to make the GCC a world-class tourist destination; implementation of emission regulations; deployment of integrated and multi-modal transportation practices; implementation of On-Demand Responsive Transit systems; increasing adoption of autonomous, driverless shuttles in public transportation fleets by respective transit authorities; increasing penetration of digitalization; and increasing adoption of telematics and connected vehicles.This study covers the medium- and heavy-duty bus market in the GCC nations (Kingdom of Saudi Arabia, Kuwait, United Arab Emirates, Oman, Qatar, and Bahrain), including application-specific bus segment (school, staff and labor, transit, and coach) sales volumes, both historic and forecasts up to 2025. The 2 Core Objectives of this Study:
• Provide a strategic overview of the GCC bus industry, including key and emerging mega trends and opportunities shaping its future
• Present market size and forecasts of the medium- and heavy-duty bus industry
Read the full report:

About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.


CONTACT: Clare: US: (339)-368-6001 Intl: +1 339-368-6001