Los Angeles, December 19, 2019 - A new report published by QY Research titled, “Global Apron Bus Industry Research Report Growth Trends and Competitive Analysis 2019-2025,” provides an extensive market study on the global Apron Bus Industry. The worldwide global Apron Bus industry was valued worth US$ 210.2 Mn in 2018 and is projected to obtain US$ 498.2 Mn by end of 2025. The worldwide Apron Bus market is likely to exhibit a healthy CAGR of 13.0% from 2019 to 2025.
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Increasing Concerns for Safety and Convenience to Boost the Global Apron Bus Market
Increasing concern regarding the safety and security of passengers on airports along with the necessity to travel hassle-free has resulted in airports widely preferring the apron bus service. Railway stations and transit companies are also increasingly using these busses to provide a shuttle bus to the airport. Reducing dependency on fuel-based vehicles to cut costs and carbon emissions is another important factor, which is expected to contribute to the growth of the global Apron Bus market.
Efforts of Reducing Emission to Contribute in the Growth of the Type Segment
The type segment is divided into Fuel type and Electric-type. Electric Apron Buses are becoming increasingly preferred options by the airport authorities and governments. The buses are powered by lithium-ion batteries and can be charged at airport installed charging-point. The bus operates for approximately 12hrs saving fuel costs and reducing carbon footprint by curbing harmful emissions of fuel-based vehicles. The cost of maintenance is also low as compared to fuel-powered apron buses which is expected to boost the growth of the type segment. The application segment is bifurcated into International Airport and Domestic Airport.
Developing Infrastructure and Aviation Sector Leading to the Growth of the Asia-Pacific Market
Increasing road transportation has led to increased air-traffic in the Asia-Pacific region. The rapid development of infrastructure is promoting airlines to provide bus facilities for the convenience of the customers. Other commercial and private entities such as hotels, transport companies, and express bus services offer complimentary bus service for guests and passengers. This is likely to boost the growth of the market over the next few years.
New Deliverables and Eco-friendly Options: A Major Emphasis of the Key Players
Zhengzhou Yutong Bus, Cobus Industries, TAM, CIMC Tianda, Weihai Guangtai, MAZ, BYD, Kiitokori, and BMC. Top companies of the market are keen to offer new deliverables and eco-friendly options along with service and assistance in handling airport ground service operations and maintenance. For instance, TAM is committed to reducing carbon emission, offered a test drive free service to explore the future possibility of electric powered Apron buses in Maribor in Slovenia for regular usage in future. It provides a safe and reliable option for mobility and transport in cities and can be adapted for multiple uses.
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