Bus Transportation in China - Industry Market Research Report

Revenue for the Bus Transportation industry is expected to fall at an annualized 3.0% over the five years through 2023. This trend includes anticipated revenue rise of 34.9% in the current year, to $20.2 billion. The COVID-19 pandemic resulted in significant decreases in 2020 and 2022. The industry is expected to include 3,753 bus transportation establishments in 2023, employing approximately 930,410 people. However, industry enterprises are governed by local governments, which standardizes the industry's development. The industry is featured as public interest. Industry enterprises generally operates in losses and rely on government subsidies. The Bus Transportation industry in China provides public bus transportation services, including city public bus transportation, suburban public bus transportation, city public trolley bus transportation and tourism passenger transportation. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.