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Position:analyst > analysis > Market Analysis of 11-12-meter Coaches Jan. to June 2010 Ⅱ Part 2

Market Analysis of 11-12-meter Coaches Jan. to June 2010 Ⅱ Part 2

2010-08-12    Source:www.chinabuses.org
Summarize:

www.chinabuses.org: Part 4 Analysis of average price and according configurations for 11-12m coaches from 2006 to 2010

 

1. Average price for 11-12m coaches Unit: 10,000 Yuan


 

 

Jan.-June 2006

Jan.-June 2007

Jan.-June 2008

Jan.-June 2009

Jan.-June 2010

Average price

56.7

57.6

60.82

60.97

61.22


  
 

Figure 3 Statistics of average prices for 11-12m coaches in the first half 2010


 
2. Average price for sleeper buses Unit: 10,000 Yuan


 
Table 6 Statistics of average prices for 11-12m sleeper buses in the first half 2010 Unit: vehicle


 
   

 

Jan.-June 2006

Jan.-June 2007

Jan.-June 2008

Jan.-June 2009

Jan.-June 2010

Average price

57.42

58.33

61.81

62.77

62.79


 
 

Figure 4 Statistics of average prices for 11-12m sleeper buses in the first half 2010

 

It can be seen from above that:


Average price for 11-12m coaches are surging each year. Price in first half 2007 is nearly 9,000 Yuan higher over 2006, and the price increased 32,200 Yuan from first half 2007 to 2008, and this may be due to national 3 emission standards was carried out in the first half 2008. And the price for national 3 engine is 30,000~40,000 Yuan higher than national 2 engines.

 

Customers have higher and higher requirements of 11-12m coaches in terms of configurations and interior trimmings.

 

3. Analysis of according configurations

 

a. 11-12m coaches pricing 500,000~600,000 Yuan are usually equipped with national power system and the target markets will be 250-400km intercity transport and tourism.

 

b. 11-12m coaches pricing 600,000~700,000 Yuan are usually equipped with imported power system and the target markets will be 300-500km intercity transport and luxurious tourism.

 

c. 11-12m coaches pricing 700,000~800,000 Yuan are usually equipped with imported power system and the target markets will be 300-500km highway intercity transport and tourism.

 

d. 11-12m coaches pricing 800,000~900,000 Yuan are usually equipped with imported power system, mostly from Japan and South Korea and the target markets will be 300-500km highway intercity transport and tourism.

 

Part 5 Analysis of big growth of 11-12m large coaches in the first half 2010

 
1. The favorable national macro economy provided rather good operation environments for 11-12m coaches.

 

2. Central government adjusted property industry strictly, and it is comparatively easy for vehicles owners to get loans, especially for 11-12m large coaches.

 

3. In the first half year, many private bus operators were co-optated by long distance transport company, and previous retail style purchasing conducts are replaced by batches buying.

 

4. Opening of bullet trains only affect passenger transport lines along railways, and 11-12m coaches are still the main carriers where there is no bullet trains.

 

5. Affected by railway competition, many road transport companies changed their original coaches models to 11-12m coaches for tourism transport, and that is why sales of super large buses decreased last year.


 
6. After the financial crisis and downturn of coaches markets last year, depressed vehicle purchasing needs are released this year, and it stimulates growth of 11-12m coaches to some extent.


Editor:Eric

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