Buses Market Estimated At USD 26.0 Billion By 2028
San Francisco, 12 July 2022: The Report Buses Market Size, Share & Trends Analysis Report By Distribution Channel (Online, Offline), By Region, And Segment Forecasts, 2022 - 2028 The global buses market size is estimated to reach USD 26.0 billion by 2028 and is expected to expand at a CAGR of 9.7% from 2022 to 2028, according to a new report by Grand View Research, Inc. The market is propelled by the significant growth in the Asia Pacific and Europe. The economic growth and evolution of public transportation in the emerging countries, are contributing to the strong growth of the market. In Europe, the liberalization of the bus market in 2013 in Germany impacted the market in the country as well as other countries. The European bus operator companies’ expansion in other regions is anticipated to fuel the global market. For instance, BlaBlaCar, formerly known as Ouibus, has announced the acquisition of Octobus in Ukraine. With this acquisition, the company aims to support digiti