Bus Market Size, Growth, Global Share Analysis, Key Players, Covid-19 Impact and Forecast 2022-27
According to the latest report by IMARC Group, the global bus market reached a value of US$ 43.84 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 68.79 Billion by 2027, exhibiting a CAGR of 7.20% during 2022-2027. A bus represents a large motor vehicle that is designed for facilitating the movement of people between locations along a fixed route and as per a predetermined schedule. It can be single-deck or double-deck in nature. Buses are among the most widely utilized forms of public transportation across the globe. They help reduce air pollution…