According to Cognitive Market Research, The Global Bus Chassis market size is USD 1.9 billion in 2023 and will expand at a compound annual growth rate (CAGR) of 3.50% from 2023 to 2030.
The demand for bus chassis is rising due to the numerous strategies adopted by key participants.
Demand for diesel buses remains higher in the bus chassis market.
The medium bus category held the highest bus chassis market revenue share in 2023.
Asia Pacific bus chassis will continue to lead, whereas the European bus chassis market will experience the most substantial growth until 2030.