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The school bus market is forecasted to grow by USD 1.51 billion during 2023-2028, accelerating at a CAGR of 4.6% during the forecast period. The report on the school bus market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing number of school enrollments, growing interest toward electric vehicles, and advantages of school buses over other modes of transportation.
The school bus market is segmented as below:
By Powertrain Type
- ICE-powered
- Electric
By Type
- Type C
- Type B
- Type A
- Type D
By Geographical Landscape
- North America
- APAC
- Europe
- Middle East and Africa
- South America
The report on the school bus market covers the following areas:
- School bus market sizing
- School bus market forecast
- School bus market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Powertrain Type
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global school bus market: Ashok Leyland Ltd., Berkshire Hathaway Inc., Blue Bird Corp., Daimler Truck AG, Eicher Motors Ltd., Ford Motor Co., GreenPower Motor Co. Inc., Higer Bus USA, JCBLGroup, Mahindra and Mahindra Ltd., Mercedes Benz Group AG, REV Group Inc., Porsche Automobil Holding SE, SML Isuzu Ltd., Tata Motors Ltd., The Lion Electric Co., Trans Tech Bus, Traton SE, Van Con Inc., and Zhengzhou Yutong Group Co. Ltd..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is technological innovations for effectiveness of school buses."
According to the report, one of the major drivers for this market is the increasing number of school enrollments.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Ashok Leyland Ltd.
- Berkshire Hathaway Inc.
- Blue Bird Corp.
- Daimler Truck AG
- Eicher Motors Ltd.
- Ford Motor Co.
- GreenPower Motor Co. Inc.
- Higer Bus USA
- JCBLGroup
- Mahindra and Mahindra Ltd.
- Mercedes Benz Group AG
- REV Group Inc.
- Porsche Automobil Holding SE
- SML Isuzu Ltd.
- Tata Motors Ltd.
- The Lion Electric Co.
- Trans Tech Bus
- Traton SE
- Van Con Inc.
- Zhengzhou Yutong Group Co. Ltd.