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Position:analyst > analysis > Analysis of Eight Features for City Bus Market in China

Analysis of Eight Features for City Bus Market in China

2010-10-27    Source:www.chinabuses.org
Summarize:

www.chinabuses.org:

 

Major Reasons:


1. It promotes the development of rural city bus market that national support on rural city bus market, important index to check the achievements on the construction of new socialist countryside and the improving of rural transport as key points for the local government.



2. Rural credit cooperative strengthens support on peasants' purchasing of 5-6m city buses.



3. The change of management mode of rural passenger transport market promotes the development of 5-6m city bus market from individual operation to uniform management by the town.



4. Objective favorable environment for the growth of 11-12m buses due to fast prosperity of medium and large cities.



5. As for 11-12 city buses, the no load ratio is low. Also the fuel consumption, actual occupancy rate and cost performance is the best. These factors are important for the investment on city buses of government in the respect of economic and social effect.

 

6. The cost performance and loading ratio of BRT is not as good as what are expected. Actually, the government increasingly put more investment on 11-12 m city buses.



7. The volume of light rail and railway is limited although these transport means are convenient. Meanwhile, the ticket price is high and related investment is huge. Therefore, 11-12m city buses are more popular.  

 

City Buses: the Smallest Growth Range in the first three quarters

 


Table: Statistics of Overall Buses Sales Growth in the first Nine Months

 

seat buses

sleeper buses

city buses

overall buses

Growth Range

46.95

26.7

14.6

35.82

 

Shown above,


The biggest growth shows at the sales of seat buses while smallest at city buses (14.6%). The reasons are as followed:



1.The depression due to financial crisis make biggest impact on seat buses while smallest on city buses.



2.It is possible that sleeper buses still are required in some regions because of vast areas in China.



3.Seat buses are traditionally the main part of the highway buses with great market demand, which account for about 70% of the total buses. Also, the national policy affects a lot the bus market. The favorable national economy development in 2010 makes important impact on bus market.



4.The proportion of city buses is about 26-28% in the bus market. More limitations from government plan or strategy are made for city buses.

Editor:Andrea

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