The global luxury coaches market is anticipated to grow at a CAGR of around 5.0% during the forecast period 2020 to 2027 and to reach around US$ 46.4 Bn by 2027.
Market Dynamics
Rising demand for technologically advanced luxury buses with advanced features and high government focus on improving the public transportation system this is resulting in demand for luxury buses which is major factor expected to drive the growth of global market. In addition, increasing government regulation related to environment, and high investment by major players for development of electric luxury buses these are factors expected to support the growth of target market. Suring demand for electric vehicles is resulting in players focus on development of electric autonomous buses that have high powers and load carrying capacity and are eco-friendly.
Increasing business development activities by major players in order to increase the customer base and enhance the profit this is expected to augment the growth of target market. In addition, introduction of innovative products in order to attract new customers are factors expected to support the growth of target market.
In 2020, Volvo a Swedish luxury automobile is expected to launch new express coach the 4.25m tall double-decker is called the 9700 DD and it is designed primarily for the Nordic market. This product launch is expected to help the company to enhance the customer base.
In 2019, the company launched new electrically-powered articulated bus that can carry up to 150 passengers and with 80 per cent lower energy consumption compared to a corresponding diesel bus.
In 2019, JCBL Limited a designer and manufacture of high-quality buses and load carriers launched super-luxury travel coach Destiny in India market. The product launch of Destiny took place during the second edition of the India International Bus & Car Travel Show which is expected to help the company to enhance the business presence.
In 2018, MG Group a manufacturer of buses launched three new buses in the India market. The Glider and the Gliderz are the three products launched by the company at Bus World India 2018 in Bangalore. This product launch is expected to help the company to strengthen its business in the India market.
In 2015, Mercedes-Benz is both a German automotive manufacturer launched SHD 2436 a super high deck luxury bus. The luxury coach offers 15-metre the longest even in India and offers a high seating capacity of up to 61 push-back seats and 14 cubic meters of luggage space. This is expected to help the company to enhance the product portfolio.
However, factors such as high cost of products and availability of leasing services are expected to hamper the growth of global luxury coaches market. In addition, high cost associated to operation and maintenance is expected to challenge the growth of target market.
Advancements in motor technology, integration of AI in the vehicles, and development of product at low cost are factors expected to create new opportunities for players operating in the target market over the forecast period. In addition, emergence of small and mid-size players with innovative solutions this is expected to support the revenue growth of target market.
Segment Analysis by Region
The market in Asia Pacific is expected to witness faster growth in the target market due to rising tourism in the region. In addition, increasing commercial vehicle sale in China and India, developing automotive standards along with increasing government spending on development of public transportation are factor responsible to augment the growth of target market.
Moreover, players focus on acquiring the regional players in order to strengthen the distribution channel this is expected to augment the growth of target market.
Competitive Landscape
The global market is high highly competitive due to presence of large number of players and innovative product offerings. In addition, business expansion activities through partnerships and agreements are factors expected to further increase the competition.
Report coverage
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Market
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Global Luxury Coaches Market
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Analysis Period
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2016 – 2027
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Base Year
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2019
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Forecast Data
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2020 – 2027
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Market Stratification
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Product, Deck, Fuel Type and Geography
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Regional Scope
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North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
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Report Coverage
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Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis
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Luxury Coaches Market Segment Analysis, 2019
The global market is segmented into segmented into product, deck and fuel type. The deck type segment is further bifurcated into single deck and double deck. Among deck type segment the single deck is expected to account for major revenue share due to high investment by major players and introduction of innovative products.
The fuel type segment is divided into diesel, electric, and natural gas. The electric segment among the fuel type is expected to witness faster growth in the future due to rising automotive standards and rapid technological advancements.
The players profiled in the report are Anhui Ankai Automobile Co., Ltd, Beiqi Foton Motor Co., Ltd., BYD Co. Ltd., Daimler AG, Dongfeng Automobile Co., Ltd., Irizar Group, JCBL Limited, King Long United Automotive Industry Co., Ltd., Marcopolo SA, Neoplan Bus GmbH, Scania, Shanghai Shenlong Bus Co., Ltd, Volvo, Xiamen Golden Dragon Bus Co. Ltd., Alexander Dennis Limited, and Zhengzhou Yutong Bus Co., Ltd..
Market Segmentation
Market By Deck Type
Single Deck
Seating capacity
- Below 40 seats
- 40 – 70 seats
- Above 70 seats
Double Deck
Market By Fuel Type
Diesel
Electric
Natural gas
Market By Product
Motorhomes
Conventional Coaches
Market By Region
North America
Europe
- UK
- Germany
- France
- Spain
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia Pacific
Latin America
- Brazil
- Mexico
- Rest if Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of Meddle East & Africa
CHAPTER 1. Industry Overview of Luxury Coaches
1.1. Definition and Scope
1.1.1. Definition of Luxury Coaches
1.1.2. Market Segmentation
1.1.3. Years Considered for the Study
1.1.4. Assumptions and Acronyms Used
1.1.4.1. Market Assumptions and Market Forecast
1.1.4.2. Acronyms Used in Global Luxury Coaches Market
1.2. Summary
1.2.1. Executive Summary
1.2.2. Luxury Coaches Market By Product
1.2.3. Luxury Coaches Market By Deck Type
1.2.4. Luxury Coaches Market By Fuel Type
1.2.5. Luxury Coaches Market by Regions
CHAPTER 2. Research Approach
2.1. Methodology
2.1.1. Research Programs
2.1.2. Market Size Estimation
2.1.3. Market Breakdown and Data Triangulation
2.2. Data Source
2.2.1. Secondary Sources
2.2.2. Primary Sources
CHAPTER 3. Market Dynamics And Competition Analysis
3.1. Market Drivers
3.1.1. Driver 1
3.1.2. Driver 2
3.2. Restraints and Challenges
3.2.1. Restrain 1
3.2.2. Restrain 2
3.3. Growth Opportunities
3.3.1. Opportunity 1
3.3.2. Opportunity 2
3.4. Porter’s Five Forces Analysis
3.4.1. Bargaining Power of Suppliers
3.4.2. Bargaining Power of Buyers
3.4.3. Threat of Substitute
3.4.4. Threat of New Entrants
3.4.5. Degree of Competition
3.5. Market Concentration Ratio and Market Maturity Analysis of Luxury Coaches Market
3.5.1. Go To Market Strategy
3.5.1.1. Introduction
3.5.1.2. Growth
3.5.1.3. Maturity
3.5.1.4. Saturation
3.5.1.5. Possible Development
3.6. Technological Roadmap for Luxury Coaches Market
3.7. Value Chain Analysis
3.7.1. List of Key Manufacturers
3.7.2. List of Customers
3.7.3. Level of Integration
3.8. Cost Structure Analysis
3.8.1. Proportion of Manufacturing Cost Structure
3.8.1.1. Raw Material
3.8.1.2. Labor Cost
3.8.1.3. Manufacturing Expense
3.9. Regulatory Compliance
3.10. Competitive Landscape, 2019
3.10.1. Player Positioning Analysis
3.10.2. Key Strategies Adopted By Leading Players
CHAPTER 4. Manufacturing Plant Analysis
4.1. Manufacturing Plant Location and Establish Date of Major Manufacturers in 2019
4.2. R&D Status and Application Source of Luxury Coaches Major Manufacturers in 2019
CHAPTER 5. Luxury Coaches Market By Product
5.1. Introduction
5.2. Luxury Coaches Revenue By Product
5.2.1. Luxury Coaches Revenue (US$ Mn) and Forecast, By Product, 2016-2027
5.2.2. Motorhomes
5.2.2.1. Motorhomes Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
5.2.3. Conventional Coaches
5.2.3.1. Conventional Coaches Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
CHAPTER 6. Luxury Coaches Market Revenue By Deck Type
6.1. Introduction
6.2. Luxury Coaches Revenue (US$ Mn) By Deck Type
6.2.1. Luxury Coaches Revenue (US$ Mn) and Forecast By Deck Type, 2016 - 2027
6.2.2. Single Deck
6.2.2.1. Single Deck Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
6.2.3. Double Deck
6.2.3.1. Double Deck Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
CHAPTER 7. Luxury Coaches Market By Fuel Type
7.1. Introduction
7.2. Luxury Coaches Revenue (US$ Mn) By Fuel Type
7.2.1. Luxury Coaches Revenue (US$ Mn) and Forecast By Fuel Type, 2016 - 2027
7.2.2. Diesel
7.2.2.1. Diesel Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
7.2.3. Electric
7.2.3.1. Electric
7.2.4. Natural gas
7.2.4.1. Ultraviolet-visible spectroscopy Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
CHAPTER 8. North America Luxury Coaches Market By Country
8.1. North America Luxury Coaches Overview
8.2. U.S.
8.2.1. U.S. Luxury Coaches Market Revenue (US$ Mn) and Forecast By Product, 2016-2027
8.2.2. U.S. Luxury Coaches Market Revenue (US$ Mn) and Forecast By Deck Type, 2016-2027
8.2.3. U.S. Luxury Coaches Market Revenue (US$ Mn) and Forecast By Fuel Type, 2016-2027
8.3. Canada
8.3.1. Canada Luxury Coaches Market Revenue (US$ Mn) and Forecast By Product, 2016-2027
8.3.2. Canada Luxury Coaches Market Revenue (US$ Mn) and Forecast By Deck Type, 2016-2027
8.3.3. Canada Luxury Coaches Market Revenue (US$ Mn) and Forecast By Fuel Type, 2016-2027
8.4. North America PEST Analysis
CHAPTER 9. Europe Luxury Coaches Market By Country
9.1. Europe Bioanlytical Testing Services Market Overview
9.2. U.K.
9.2.1. U.K. Luxury Coaches Market Revenue (US$ Mn) and Forecast By Product, 2016-2027
9.2.2. U.K. Luxury Coaches Market Revenue (US$ Mn) and Forecast By Deck Type, 2016-2027
9.2.3. U.K. Luxury Coaches Market Revenue (US$ Mn) and Forecast By Fuel Type, 2016-2027
9.3. Germany
9.3.1. Germany Luxury Coaches Market Revenue (US$ Mn) and Forecast By Product, 2016-2027
9.3.2. Germany Luxury Coaches Market Revenue (US$ Mn) and Forecast By Deck Type, 2016-2027
9.3.3. Germany Luxury Coaches Market Revenue (US$ Mn) and Forecast By Fuel Type, 2016-2027
9.4. France
9.4.1. France Luxury Coaches Market Revenue (US$ Mn) and Forecast By Product, 2016-2027
9.4.2. France Luxury Coaches Market Revenue (US$ Mn) and Forecast By Deck Type, 2016-2027
9.4.3. France Luxury Coaches Market Revenue (US$ Mn) and Forecast By Fuel Type, 2016-2027
9.5. Spain
9.5.1. Spain Luxury Coaches Market Revenue (US$ Mn) and Forecast By Product, 2016-2027
9.5.2. Spain Luxury Coaches Market Revenue (US$ Mn) and Forecast By Deck Type, 2016-2027
9.5.3. Spain Luxury Coaches Market Revenue (US$ Mn) and Forecast By Fuel Type, 2016-2027
9.6. Rest of Europe
9.6.1. Rest of Europe Luxury Coaches Market Revenue (US$ Mn) and Forecast By Product, 2016-2027
9.6.2. Rest of Europe Luxury Coaches Market Revenue (US$ Mn) and Forecast By Deck Type, 2016-2027
9.6.3. Rest of Europe Luxury Coaches Market Revenue (US$ Mn) and Forecast By Fuel Type, 2016-2027
9.7. Europe PEST Analysis
CHAPTER 10. Asia Pacific Luxury Coaches Market By Country
10.1. Asia Pacific Luxury Coaches Market Overview
10.2. China
10.2.1. China Luxury Coaches Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
10.2.2. China Luxury Coaches Market Revenue (US$ Mn) and Forecast By Deck Type, 2016 - 2027
10.2.3. China Luxury Coaches Market Revenue (US$ Mn) and Forecast By Fuel Type, 2016 - 2027
10.3. Japan
10.3.1. Japan Luxury Coaches Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
10.3.2. Japan Luxury Coaches Market Revenue (US$ Mn) and Forecast By Deck Type, 2016 - 2027
10.3.3. Japan Luxury Coaches Market Revenue (US$ Mn) and Forecast By Fuel Type, 2016 - 2027
10.4. India
10.4.1. India Luxury Coaches Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
10.4.2. India Luxury Coaches Market Revenue (US$ Mn) and Forecast By Deck Type, 2016 - 2027
10.4.3. India Luxury Coaches Market Revenue (US$ Mn) and Forecast By Fuel Type, 2016 - 2027
10.5. Australia
10.5.1. Australia Luxury Coaches Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
10.5.2. Australia Luxury Coaches Market Revenue (US$ Mn) and Forecast By Deck Type, 2016 - 2027
10.5.3. Australia Luxury Coaches Market Revenue (US$ Mn) and Forecast By Fuel Type, 2016 - 2027
10.6. South Korea
10.6.1. South Korea Luxury Coaches Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
10.6.2. South Korea Luxury Coaches Market Revenue (US$ Mn) and Forecast By Deck Type, 2016 - 2027
10.6.3. South Korea Luxury Coaches Market Revenue (US$ Mn) and Forecast By Fuel Type, 2016 - 2027
10.7. Rest of Asia-Pacific
10.7.1. Rest of Asia-Pacific Luxury Coaches Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
10.7.2. Rest of Asia-Pacific Luxury Coaches Market Revenue (US$ Mn) and Forecast By Deck Type, 2016 - 2027
10.7.3. Rest of Asia-Pacific Luxury Coaches Market Revenue (US$ Mn) and Forecast By Fuel Type, 2016 - 2027
10.8. Asia Pacific PEST Analysis
CHAPTER 11. Latin America Luxury Coaches Market By Country
11.1. Latin America Luxury Coaches Market Overview
11.2. Brazil
11.2.1. Brazil Luxury Coaches Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
11.2.2. Brazil Luxury Coaches Market Revenue (US$ Mn) and Forecast By Deck Type, 2016 - 2027
11.2.3. Brazil Luxury Coaches Market Revenue (US$ Mn) and Forecast By Fuel Type, 2016 - 2027
11.3. Mexico
11.3.1. Mexico Luxury Coaches Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
11.3.2. Mexico Luxury Coaches Market Revenue (US$ Mn) and Forecast By Deck Type, 2016 - 2027
11.3.3. Mexico Luxury Coaches Market Revenue (US$ Mn) and Forecast By Fuel Type, 2016 - 2027
11.4. Rest of Latin America
11.4.1. Rest of Latin America Luxury Coaches Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
11.4.2. Rest of Latin America Luxury Coaches Market Revenue (US$ Mn) and Forecast By Deck Type, 2016 - 2027
CHAPTER 12. Middle East & Africa Luxury Coaches Market By Country
12.1. Middle East & Africa Luxury Coaches Market Overview
12.2. Saudi Arabia
12.2.1. Saudi Arabia Luxury Coaches Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
12.2.2. Saudi Arabia Luxury Coaches Market Revenue (US$ Mn) and Forecast By Deck Type, 2016 - 2027
12.2.3. Saudi Arabia Luxury Coaches Market Revenue (US$ Mn) and Forecast By Fuel Type, 2016 - 2027
12.3. UAE
12.3.1. UAE Luxury Coaches Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
12.3.2. UAE Luxury Coaches Market Revenue (US$ Mn) and Forecast By Deck Type, 2016 - 2027
12.3.3. UAE Luxury Coaches Market Revenue (US$ Mn) and Forecast By Fuel Type, 2016 - 2027
12.4. Rest of Middle East & Africa
12.4.1. Rest of Middle East & Africa Luxury Coaches Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
12.4.2. Rest of Middle East & Africa Luxury Coaches Market Revenue (US$ Mn) and Forecast By Deck Type, 2016 - 2027
12.4.3. Rest of Middle East & Africa Luxury Coaches Market Revenue (US$ Mn) and Forecast By Fuel Type, 2016 - 2027
CHAPTER 13. PLAYER ANALYSIS OF STROKE MANAGEMENT
13.1. Luxury Coaches Market Company Share Analysis
13.2. Competition Matrix
13.2.1. Competitive Benchmarking of key players by price, presence, market share, and R&D investment
13.2.2. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements
CHAPTER 14. COMPANY PROFILE
14.1. Alexander Dennis Limited
14.1.1. Company Snapshot
14.1.2. Business Overview
14.1.3. Financial Overview
14.1.3.1. Revenue (US$ Mn), 2019
14.1.3.2. Alexander Dennis Limited 2019 Luxury Coaches Business Regional Distribution
14.1.4. Product/ Service and Specification
14.1.5. Recent Developments & Business Strategy
14.1.6. Manufacturing Plant Footprint Analysis
14.2. Anhui Ankai Automobile Co., Ltd
14.3. Beiqi Foton Motor Co., Ltd.
14.4. BYD Co. Ltd.
14.5. Daimler AG
14.6. Dongfeng Automobile Co., Ltd.
14.7. Irizar Group
14.8. JCBL Limited
14.9. King Long United Automotive Industry Co., Ltd.
14.10. Others
![Luxury Coaches Market (By Deck Type: Single Deck [Seating capacity, Double Deck]; By Fuel Type: Diesel, Electric, Natural gas; By Product: Motorhomes, Conventional Coaches ) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2020 - 2027](assets/images/format-png.png "Luxury Coaches Market (By Deck Type: Single Deck [Seating capacity, Double Deck]; By Fuel Type: Diesel, Electric, Natural gas; By Product: Motorhomes, Conventional Coaches ) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2020 - 2027")
