EUROPE URBAN BUS MARKET OUTLOOK REPORT 2017-2030 Current status, outlook and opportunities

The Paris Agreement 2017 is a key element for the modernisation of the European industry and implementation of the 2030 Agenda for Sustainable Development. Given that the (EU) is committed to transition towards a low carbon economy, public transport operators and industry are engaged in various projects to improve bus fleet and service quality.

Today diesel and biodiesel buses have the majority share in bus fleet and almost 50 per cent of buses across the EU are still Euro III and older. Less than 10 per cent of the bus fleet is renewed every year. There are many new propulsion technologies (battery electric, fuel cell, etc.) but concerns about cost and service reliability have limited their deployment.

Launched in 2016, the Clean Bus Deployment Initiative is the first of its kind to influence manufacturers, public transport operators, leasing companies, multilateral development banks and other funding agencies. It aims to increase the share of alternatively-fuelled buses in the bus fleet from 10-12 per cent currently to 30 per cent in 2025. EU’s plan to deploy at least 2,000 zero-emission buses by the end of 2019, with growing rates thereafter, represents an investment opportunity of over EUR 1 billion.

Global Mass Transit has just released the first edition of the Europe Urban Bus Market Outlook Report 2017-2030 which provides a comprehensive overview of the existing urban bus market and outline opportunities in investment based on public and private initiatives. The report also provides an analysis of the plans announced by the cities to renew and expand the existing bus fleet, bus projects and initiatives, contracts awarded, tender opportunities, financing strategies, technology innovation, growth drivers and challenges of the bus market, and recent developments.

Published by Global Mass Transit Mobile: +1 905 228 6419, Email: [email protected] Website: www.globalmasstransit.net Table of Contents

PART 1: EXISTING AND EVOLVING EUROPEAN 2.5 Czech Republic 35 2.21 The Netherlands 195 BUS MARKET 2.5.1 Brno, Czech Republic 36 2.21.1 Amsterdam, The Netherlands 196 2.5.2 Plzeñ, Czech Republic 41 2.21.2 Rotterdam, The Netherlands 199 1.1 EXISTING EUROPE BUS MARKET 5 2.5.3 Prague, Czech Republic 45 2.21.3 The Hague, The Netherlands 202 1.1.1 Overview 6 2.6 Denmark 54 2.22 Norway 205 1.1.2 Current market size 8 2.6.1 , Denmark 55 2.22.1 Oslo, Norway 206 1.1.3 Bus rolling stock 9 2.7 England 60 2.23 Poland 211 1.1.4 Ridership trends 12 2.7.1 London, England 61 2.23.1 Gdynia, Poland 212 1.1.5 Operators 13 2.7.2 Manchester, England 67 2.23.2 Kraków, Poland 216 2.23.3 Tarnów, Poland 224 1.1.6 Bus industry 14 2.7.3 Nottinghamshire, England 75 2.23.4 Warsaw, Poland 227 1.1.7 Fare systems 20 2.7.4 West Midlands, England 83 2.24 Portugal 232 1.1.8 Key project initiatives to 22 2.8 Estonia 92 2.24.1 Lisbon, Portugal 233 promote buses 2.8.1 Tallinn, Estonia 93 2.25 Romania 239 1.1.9 Funding and finance 24 2.9 Finland 98 2.25.1 Bucharest, Romania 240 1.1.10 Key trends 26 2.9.1 Helsinki, Finland 99 2.25.2 Cluj-Napoca, Romania 245 2.10 France 103 2.25.3 Galati, Romania 251 1.2 RECENT DEVELOPMENTS 27 2.10.1 Bordeaux, France 104 2.26 Russia 254 1.2.1 Recent initiatives regarding 28 2.10.2 Nantes, France 108 2.26.1 Moscow, Russia 255 buses 2.10.3 Paris, France 110 2.26.2 St Petersburg, Russia 260 1.2.2 Recent contracts awarded 32 2.10.4 Rennes, France 115 2.27 Scotland 266 1.2.3 Recent deliveries 37 2.11 Georgia 118 2.27.1 Aberdeen, Scotland 267 1.2.4 Recent fundings 39 2.11.1 Tbilisi, Georgia 119 2.27.2 Edinburgh, Scotland 271 1.2.5 Recent technology launches 43 2.12 Germany 124 2.28 Serbia 277 1.2.6 Other recent developments 44 2.12.1 Berlin, Germany 125 2.28.1 Novi Sad, Serbia 278 2.12.2 Hamburg, Germany 129 2.29 Slovakia 281 1.3 OUTLOOK AND OPPORTUNITIES 47 2.12.3 Munich, Germany 132 2.29.1 Bratislava, Slovakia 282 1.3.1 Key growth drivers 48 2.12.4 Stuttgart, Germany 135 2.30 Slovenia 285 1.3.2 Market outlook 49 2.13 Greece 137 2.30.1 Ljubljana, Slovenia 286 1.3.3 Upcoming bus-based projects 50 2.13.1 Athens, Greece 138 2.31 Spain 290 1.3.4 Planned rolling stock 51 2.14 Hungary 142 2.31.1 Barcelona, Spain 291 procurements 2.14.1 Budapest, Hungary 143 2.31.2 Madrid, Spain 297 1.3.5 Technology innovation 52 2.14.2 Tatabanya, Hungary 148 2.31.3 Málaga, Spain 303 1.3.6 Open tenders with contracts to 56 2.15 Iceland 151 2.31.4 Seville, Spain 308 be awarded 2.15.1 Reykjavik, Iceland 152 2.31.5 Valencia, Spain 312 1.3.7 Key issues and challenges 58 2.32 314 2.16 Ireland 155 1.3.8 Outlook 59 2.32.1 Malmö, Sweden 315 2.16.1 Dublin, Ireland 156 2.32.2 Stockholm, Sweden 317 2.17 Italy 165 PART 2: CITY PROFILES 2.33 Switzerland 321 2.17.1 Bari, Italy 166 2.1 Austria 2 2.33.1 Aargau, Switzerland 322 2.17.2 Bergamo, Italy 170 2.1.1 Vienna, Austria 3 2.33.2 Geneva, Switzerland 325 2.17.3 Milan, Italy 173 2.2 Belgium 7 2.33.3 Zürich, Switzerland 329 2.17.4 Naples, Italy 176 2.2.1 Antwerp (Flemish Region), 8 2.34 Turkey 332 2.17.5 Rome, Italy 180 Belgium 2.34.1 Ankara, Turkey 333 2.18 Latvia 183 2.2.2 Brussels, Belgium 13 2.34.2 Antalya, Turkey 336 2.18.1 Riga, Latvia 184 2.3 Bulgaria 18 2.34.3 Istanbul, Turkey 339 2.3.1 Sofia, Bulgaria 19 2.19 Lithuania 186 2.34.4 Ìzmir, Turkey 343 2.4 Croatia 23 2.19.1 Vilnius, Lithuania 187 2.35 Ukraine 347 2.4.1 Pula, Croatia 24 2.20 Luxembourg 191 2.35.1 Dnipropetrovsk, Ukraine 348 2.4.2 Split, Croatia 29 2.20.1 Luxembourg City, 192 2.35.2 Kiev, Ukraine 350 2.4.3 Zagreb, Croatia 32 Luxembourg 2.35.3 Vinnytsia, Ukraine 353 www.globalmasstransit.net Table of Contents

PART 3: KEY PLAYERS 4.1.10 France 383 4.1.26 Russia 401 3.1 Profiles of 15 manufacturers in 357 4.1.10.1 Bordeaux 383 4.1.26.1 Moscow 401 the bus industry 4.1.10.2 Nantes 383 4.1.26.2 St Petersburg 401 3.1.1 Limited (ADL) 358 4.1.10.3 Paris 384 4.1.27 Scotland 402 3.1.2 BYD Auto Company Limited 359 4.1.10.4 Rennes 384 4.1.27.1 Aberdeen 402 3.1.3 Bus 360 4.1.11 Georgia 385 4.1.27.2 Edinburgh 403 3.1.4 Otomotiv Sanayii ve 361 4.1.11.1 Tbilisi 385 4.1.28 Serbia 404 Ticaret AS 4.1.12 Germany 385 4.1.28.1 Novi Sad 404 3.1.5 MAN & Bus AG 362 4.1.12.1 Berlin 385 4.1.29 Slovakia 404 3.1.6 Mercedes-Benz 363 4.1.12.2 Hamburg 386 4.1.29.1 Bratislava 404 3.1.7 Group Limited 364 4.1.12.3 Munich 387 4.1.30 Slovenia 405 3.1.8 AB 365 4.1.12.4 Stuttgart 387 4.1.30.1 Ljubljana 405 3.1.9 ŠKODA Electric A.S. 366 4.1.13 Greece 388 4.1.31 Spain 405 3.1.10 Solaris Bus & S.A. 367 4.1.13.1 Athens 388 4.1.31.1 Barcelona 405 4.1.14 Hungary 388 3.1.11 TEMSA 368 4.1.31.2 Madrid 406 4.1.14.1 Budapest 388 3.1.12 369 4.1.31.3 Málaga 406 4.1.14.2 Tatabánya 389 3.1.13 VDL Bus & Coaches 370 4.1.31.4 Seville 407 4.1.15 Iceland 389 3.1.14 Buses 371 4.1.31.5 Valencia 408 4.1.15.1 Reykjavík 389 3.1.15 Limited 372 4.1.32 Sweden 409 4.1.16 Ireland 390 4.1.32.1 Malmo 409 4.1.16.1 Dublin 390 PART 4: APPENDIX 4.1.32.2 Stockholm 409 4.1.17 Italy 390 4.1 Contact information of developers 374 4.1.33 Switzerland 410 4.1.17.1 Bari 390 and operators 4.1.33.1 Aargau 410 4.1.17.2 Bergamo 391 4.1.1 Austria 374 4.1.33.2 Geneva 410 4.1.17.3 Milan 391 4.1.1.1 Vienna 374 4.1.33.3 Zurich 411 4.1.17.4 Naples 392 4.1.2 Belgium 374 4.1.34 Turkey 412 4.1.17.5 Rome 392 4.1.2.1 Antwerp 374 4.1.34.1 Ankara 412 4.1.18 Latvia 393 4.1.2.2 Brussels 375 4.1.34.2 Antalya 412 4.1.18.1 Riga 393 4.1.3 Bulgaria 375 4.1.34.3 Istanbul 413 4.1.19 Lithuania 393 4.1.3.1 Sofia 375 4.1.19.1 Vilniaus 393 4.1.34.4 Izmir 413 4.1.4 Croatia 376 4.1.20 Luxembourg 393 4.1.35 Ukraine 414 4.1.4.1 Pula 376 4.1.20.1 Luxembourg City 393 4.1.35.1 Dnipropetrovsk 414 4.1.4.2 Split 376 4.1.21 Netherlands, The 394 4.1.35.2 Kiev 414 4.1.4.3 Zagreb 377 4.1.21.1 Amsterdam 394 4.1.35.3 Vinnytsia 415 4.1.5 Czech Republic 377 4.1.21.2 Rotterdam 394 4.1.5.1 Brno 377 4.1.21.3 The Hague 395 4.2 Sources and methodology 416 4.1.5.2 Plzen 378 4.1.22 Norway 395 4.3 List of tables 417 4.1.5.3 Prague 378 4.1.22.1 Oslo 395 4.4 List of figures 4.1.6 Denmark 379 4.1.23 Poland 396 4.1.6.1 Copenhagen 379 4.1.23.1 Gdynia 396 4.1.7 England 379 4.1.23.2 Krakow 397 4.1.7.1 London 379 4.1.23.3 Tarnow 398 4.1.7.2 Manchester 380 4.1.23.4 Warsaw 398 4.1.7.3 Nottinghamshire 381 4.1.24 Portugal 399 4.1.7.4 West Midlands 381 4.1.24.1 Lisbon 399 4.1.8 Estonia 382 4.1.25 Romania 399 4.1.8.1 Tallinn 382 4.1.25.1 Bucharest 399 4.1.9 Finland 382 4.1.25.2 Cluj-Napoca 400 4.1.9.1 Helsinki 382 4.1.25.3 Galati 400

www.globalmasstransit.net Sources and Methodology Global Mass Transit Research’s industry analysts have utilised primary and secondary research sources in preparing this report. Primary sources include information obtained through telephone interviews and emails from public transport authorities, operators and regulators. Secondary sources include, but are not limited to, project websites and status reports; websites, annual reports, capital programmes and financial reports of transport authorities and operators; documentation provided by relevant financing institutions; investor presentations; analyst reports; government plans and documents; websites of ministries and regulators; websites of industry associations; internal and external proprietory databases; news articles; and press release reports. Wherever applicable, research sources are cited within the report.

Our analysts and researchers have combined the information from these primary and secondary sources with their industry expertise to synthesise the qualititative and quantitative analysis presented in this report. In cases where data was not available, we have used the estimates from authentic published reports or press releases.

Great care has been taken to ensure that all analysis is supported by facts. In situations where facts were not available and assumptions were made to conduct analysis, we have explained our assumptions and our methods of estimation.

Global Mass Transit Research takes every possible care to provide information using resources it believes are most accurate and reliable. It, however, shall not be liable for losses or consequences, if any, arising from the use of the information contained in the document.

About the Publishers Global Mass Transit Research is a leading provider of information and analysis on the global mass transit industry. It publishes the Global Mass Transit Report (a monthly newsletter) and Global Mass Transit Weekly (a weekly update). It also operates the www.globalmasstransit.net website.

Through these products, it provides information on all key developments, trends and issues in the sector; tracks major projects, contracts and investments; profiles leading mass transit authorities/operators and discusses their strategies; reports on regulatory initiatives and examines their implementation; provides the latest available data and statistics; and features views and perspectives of experts and top industry players.

Our Clients Our clients include leading global organisations such as Accenture, Acciona Infrastructures, Acciona Ingeniería, AECOM, Agence métropolitaine de transport (AMT), Ansaldo STS, Ansaldobreda SPA, Arriva PLC, Ashok leyland, Automatic Systems , BAE Systems, Bombardier Transportation, CAF, Central Institute of Road Transport (India), Citadel Capital, City Group Co. K.S.C., CJSC Transmasholdings, Clever Devices, Confidex Ltd, Corredor Insurgentes SA de CV (CISA), DB Stadtverkehr GmbH, Emco Wheaton, Enthoven Associates, Epsilon Delta Pty Ltd, European Bank for Reconstruction and Development, GmbH, GFI Genfare, Giesecke & Devrient GmbH, Halcrow International Partnership, Harrington-Hughes & Associates, Höft & Wessel AG, HOK, HÜBNER GmbH & Co. KG, IE Singapore, IMG Consulting, INIT AG, Institute of Transport and Logistics Studies (ITLS), IVU Traffic Technologies AG, Keolis, Knorr-Bremse SfS GmbH, Korea Smart Card, KPMG, L&T Metro Rail (Hyderabad) Limited, Land Transport Authority, Luminator, Lumiplan, Metropolitana Milanese SpA, Mobitec, Nokia, Nomad Digital, NXP Semiconductors, Opentide Korea, OTN Systems, Parker Hannifin Corporation, Pöyry PLC, Pradonet Sdn Bhd, PricewaterhouseCoopers, Public Transport Services (Adelaide Metro), Qnamic AG, RATP, Ringrollers a division of DCD DORBYL (Pty) Ltd., Rogers Corporation, Roland Berger Strategy Consultants, SAHA International, Selectron Systems AG, Selex ES - A Finmeccanica Company, Serco, Sesame, Siemens, SNC-Lavalin, Sojitz Corporation, Solaris Bus & Coach SA, Swissrail, Tait Radio Communications, Tata Realty and Infrastructure Limited, TCRP International Transit Studies Program, Technatomy Corporation, TEMSA Europe NV, Thales Rail Signalling Solutions, Thetis SpA, Traktionssysteme Austria, Transit Systems, Trapeze Group, TE Connectivity, Unipart Rail, Urban Mass transit, VDV eTicket Service GmbH & Co. KG, Veolia Transdev, Volvo Bus Corporation, Vossloh España, S.A., Wilson Ihrig & Associates, WorleyParsons, ZF Friedrichshafen AG, etc. www.globalmasstransit.net Order Form

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