Registering a CAGR of 13.0% over the forecast period, the global apron bus market is anticipated to reach the market value of US$ 644.7 million in the year 2027 from US$ 274 million in the year 2021.
An apron bus is the airport bus, also known as an airport shuttle or airport shuttle bus, used to transport people to and from, and within airports. Boarding is one of the main processes of aircraft turnaround time and has a direct effect on airline companies’ prices. Apron bus is the best alternative at some airports, for transporting passengers from the aircraft to the terminal building or vice-versa. Earlier boarding processes are vital for airlines, as they always strive to enhance passenger satisfaction. The increasing air passenger traffic and the equivalent growth in airline fleet is the core driver for the market. Also, airport boarding bridges are not always available for all aircraft, which necessitates the use of apron buses.
Airlines and airports, in order to achieve carbon neutrality, are changing aging diesel engine-powered buses with new electric buses. Electric buses offer advantages, like the ease of operation, low maintenance, and most importantly, zero-emission. Several airports across Europe were successful, over the past period, in achieving or reducing their carbon footprint. The report also assesses the key opportunities in the Apron Bus market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global Apron Bus Market has also been forecasted for the period 2022-2027, taking into consideration the previous growth patterns, the growth drivers, and the current and future trends.
Top Key Players in the Apron Bus Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The global Apron Bus Market is fragmented with a large number of small players operating worldwide. The companies referred in the market research report include Cobus Industries, Zhengzhou Yulong Bus, CIMC Tianda, TAM, Weihai Guangtai, BYD, MAZ, BMC, Kiitokori, and others.
Global Apron Bus Market research provides a detailed Analytical Insights on global market size, regional and country-level scope, segmentation wise growth, global share, Competition Scenario, sales analysis, the impact of global market players on domestic players, value chain optimization, trade regulations, Latest developments, future opportunities, product launches, expanding marketplaces, and New technological innovations.
CaetanoBus to launch 18m e-buses and FC coaches
By Type, Apron Bus Market has been segmented into
By Applications, Apron Bus Market has been segmented into
The domestic airport holds an important share in terms of applications and accounts for 62% of the market share.
Europe and North America, Together, we're projected to Account for a Major Share of the Apron Bus Market in 2019
Several airports in Europe and North America, in order to reduce their carbon footprint, have been replacing their diesel or gas-powered apron buses with emission-free electric buses, over the past few years. Some of the European airports that operate apron buses are Munich, Pisa, Frankfurt, Madrid, London Luton, and Amsterdam Schiphol, among others. In July 2018, two units of VIVIR, manufactured by TAM-EUROPE, were delivered to TCR in Spain. The new TAM vehicles are being operated at the Gran Canaria Airport, Spain. In June 2018, two 104WL buses were delivered to Pula Airport, Croatia, by TAM-EUROPE. In December 2018, Port Authority announced its plan to introduce 18 new all-electric buses to its three major airports by the middle of 2019.
Report Attributes | Report Details |
Forecast Period 2022 to 2028 CAGR | CAGR of 13.0% during the review period (2022 to 2027). |
By Type |
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By Application |
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By Companies | Cobus Industries, Zhengzhou Yulong Bus, CIMC Tianda, TAM, Weihai Guangtai, BYD, MAZ, BMC, Kiitokori, and others. |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 91 |
Customization Available | Yes, the report can be customized as per your needs |
What is the study period of this market?
What is the growth rate of the Apron Bus Market?
Which region has the highest growth rate in Apron Bus Market?
Who are the key players in Apron Bus Market?
What are the significant types of Apron Bus Market?
What are the major end-use applications of the Apron Bus Market?
• Domestic Airport, International Airport, others
Which region has the largest share in Apron Bus Market?
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SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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