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Key Highlights:
• JBM Auto targets the global market with innovative low-floor tarmac buses.
• Low-floor design boosts passenger capacity and space efficiency.
• Nishant Arya highlighted the benefits of these buses.
• JBM Auto excels in the electric bus market, ensuring strong future growth.
JBM Auto, a key player in India's airport bus market, is setting its sights on the global stage with its revolutionary low-floor tarmac bus design. These buses are specifically tailored for use on airport tarmacs, where they efficiently transport passengers between terminals and airplanes. The move comes as air traffic continues to soar, driving demand for efficient passenger transportation solutions.
Benefits of Low-Floor Design Highlighted by JBM Auto
Nishant Arya, Vice-Chairman and Managing Director of JBM Auto, showcased the advantages of low-floor buses at the recent Bharat Mobility Expo 2024.
He emphasized how these buses can accommodate more passengers simultaneously, addressing the challenge of overcrowded tarmac buses at Indian airports.
Efficient Use of Space Key to Success
Industry experts highlighted the significance of low-floor settings in airport tarmac buses. Lower flooring allows for increased headroom and space utilization, enabling more seating rows without compromising passenger comfort.
This efficient use of space reduces congestion and enhances efficiency at airports, making low-floor buses a game-changer in the industry.
Increased Passenger Capacity: The low-floor design allows for more passengers to sit and stand simultaneously. Even when faced with overloading, JBM’s cutting-edge technologies ensure efficient space utilization.
This translates to better results for airports. According to government data, domestic airlines transported 112.86 million passengers from January to September 2023, reflecting a notable 29.10% rise from the 87.42 million passengers in 2022.
Similarly, international travel saw a substantial increase, with 45.99 million passengers in 2023 compared to 32.94 million in 2022, marking a significant 39.61% surge.
Optimized Space Utilization: Lower flooring provides additional headroom and space within the bus. By incorporating more seating rows without compromising passenger comfort, JBM’s buses maximize floor space. This efficient use of vertical space accommodates more passengers, reducing congestion at airports.
Global Air Traffic Boom: The demand for low-floor tarmac buses aligns with the exponential growth in air travel, both in India and worldwide. India’s civil aviation industry, now the third-largest domestic market globally, boasts around 150 airports—a number that has nearly doubled in the past decade.
Market Projections: According to Business Research Insights, the global airport apron bus market was valued at $266 million in 2022. By 2029, it is expected to triple to approximately $636.6 million, with a robust CAGR of 13% during the forecasted period.
Also Read: January 2024 Sales Report: JBM Auto Emerges as Top Choice for E-Buses
Leading the Charge: JBM Auto's Electric Bus Domination
JBM Auto is doing really well in the market for electric buses. They have about 35% of the whole market, which is a big deal. Nishant Arya, who talks about the company's future plans, says they're focused on making and delivering the 5000 electric buses they have orders for. These buses are going to different state transport units in places like Gujarat, Haryana, Delhi, Telangana, and Orissa.
JBM Auto made a profit of about Rs 48.7 crore in the last three months of 2023, which is way more than the Rs 34.3 crore they made in the same time in 2022.
Their overall revenues also went up from Rs 962.1 crore to Rs 1350 crore in that time. So, they're doing well and getting stronger in the electric bus business.
CMV360 Says
With air traffic on the rise, the demand for efficient solutions is escalating. JBM Auto’s commitment to innovation and its focus on meeting the evolving needs of the aviation industry position it well to ride the wave of air traffic growth.
As airports worldwide seek efficient and passenger-friendly solutions, JBM’s low-floor tarmac buses are poised to play a pivotal role in shaping the future of airport ground transportation.
Dominating the electric bus market with a 35% share, the company is well-positioned to lead the evolution of airport ground transportation globally.
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