Market Share of Europe Bus Industry
Europe's bus market is consolidated and led by globally and regionally established players. The companies adopt strategies such as new product launches, collaborations, and mergers to sustain their market positions. For instance
In September 2023, Altas Auto and Zhongtong entered a partnership for e-midibus production in Europe.
In April 2023, Volvo Bus announced the next step in its bus production future by signing a letter of intent with Egyptian MCV for the production of electric buses for the European market.
Some of the major players in the market include Volvo Buses, Mercedes Benz Group AG, Solaris Bus & Coaches, MAN Truck & Bus, and BYD Company Limited.
Europe Bus Market Leaders
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Volvo Buses
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Mercedes Benz Group AG
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Solaris Bus & Coaches
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MAN Truck & Bus
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BYD Company Limited.
*Disclaimer: Major Players sorted in no particular order
