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Israel Bus Transportation Market Report and Forecast 2024-2032

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    Report

  • 131 Pages
  • November 2023
  • Region: Israel
  • Expert Market Research
  • ID: 5912838
According to the report, the Israel bus transportation market is projected to grow at a CAGR of 3.8% between 2024 and 2032. Aided by the growing demand for efficient public transportation and ongoing infrastructural developments, the market is expected to grow significantly by 2032.

Bus transportation in Israel is a primary mode of public transport, with an extensive network covering urban, suburban, and rural areas. It is central to Israel's mobility landscape, providing a cost-effective, sustainable, and convenient means of transport for the country's populace. The sector is dominated by state-owned companies and some private operators, offering a range of services, including intercity, intra-city, and regional bus services.

A significant driver of Israel bus transportation market growth is the increasing emphasis on public transportation as a sustainable solution for urban mobility. With growing concerns about traffic congestion, pollution, and the need for effective urban planning, there has been a surge in demand for efficient bus transportation services in Israel's major cities. The government is actively promoting public transportation by investing in bus infrastructure, expanding services, and improving network efficiency.

Moreover, the advent of electric and hybrid buses is propelling the Israel bus transportation market demand. The Israeli government's commitment to reducing greenhouse gas emissions and enhancing sustainability has led to the introduction of low-emission buses in several regions. This transition to greener buses not only reduces the environmental impact of public transport but also enhances the quality of services by offering quieter and smoother rides.

In addition, digitalisation is another key factor boosting the Israel bus transportation market share. The user experience is improved by the employment of digital technologies like GPS tracking, mobile ticketing, and real-time passenger information systems since they offer convenience, dependability, and efficiency. These technological developments are encouraging more commuting customers to use bus services, which is boosting the market's expansion.

The ongoing development of transport infrastructure, coupled with government initiatives to promote public transportation, is expected to stimulate the Israel bus transportation market growth. Additionally, the introduction of smart bus stops and the deployment of autonomous buses could revolutionise the bus transportation market in Israel.

Market Segmentation

The market can be divided based on bus size, type, fuel type, application, and end use.

Market Breakup by Bus Size

  • Minibuses
  • Mid Buses
  • Large Buses

Market Breakup by Type

  • Single Deck
  • Double Deck

Market Breakup by Fuel Type

  • Diesel
  • Electric and Hybrid

Market Breakup by Application

  • Public Bus
  • Tourism Bus
  • Service Bus
  • School Bus
  • Others

Market Breakup by End Use

  • Transit Bus
  • Intercity/Coaches

Competitive Landscape

The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the Israel bus transportation market. Some of the major players explored in the report are as follows:
  • Merkavim transportation Ltd.
  • BYD Company Ltd.
  • Xiamen Golden Dragon Bus Co., LTD
  • Higer Bus Company Limited.
  • Daimler AG
  • Volvo Group
  • Others

Table of Contents

1 Preface2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot7 Opportunities and Challenges in the Market
8 Israel Bus Transportation Market Analysis
8.1 Key Industry Highlights
8.2 Israel Bus Transportation Historical Market (2018-2023)
8.3 Israel Bus Transportation Market Forecast (2024-2032)
8.4 Israel Bus Transportation Market by Bus Size
8.4.1 Minibuses
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Mid Buses
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Large Buses
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.5 Israel Bus Transportation Market by Type
8.5.1 Single Deck
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Double Deck
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.6 Israel Bus Transportation Market by Fuel Type
8.6.1 Diesel
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Electric and Hybrid
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.7 Israel Bus Transportation Market by Application
8.7.1 Public Bus
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Tourism Bus
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Service Bus
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 School Bus
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Others
8.8 Israel Bus Transportation Market by End Use
8.8.1 Transit Bus
8.8.1.1 Historical Trend (2018-2023)
8.8.1.2 Forecast Trend (2024-2032)
8.8.2 Intercity/Coaches
8.8.2.1 Historical Trend (2018-2023)
8.8.2.2 Forecast Trend (2024-2032)
9 Market Dynamics
9.1 SWOT Analysis
9.1.1 Strengths
9.1.2 Weaknesses
9.1.3 Opportunities
9.1.4 Threats
9.2 Porter’s Five Forces Analysis
9.2.1 Supplier’s Power
9.2.2 Buyer’s Power
9.2.3 Threat of New Entrants
9.2.4 Degree of Rivalry
9.2.5 Threat of Substitutes
10 Competitive Landscape
10.1 Market Structure
10.2 Company Profiles
10.2.1 Merkavim transportation Ltd.
10.2.1.1 Company Overview
10.2.1.2 Product Portfolio
10.2.1.3 Demographic Reach and Achievements
10.2.1.4 Certifications
10.2.2 BYD Company Ltd.
10.2.2.1 Company Overview
10.2.2.2 Product Portfolio
10.2.2.3 Demographic Reach and Achievements
10.2.2.4 Certifications
10.2.3 Xiamen Golden Dragon Bus Co.,LTD
10.2.3.1 Company Overview
10.2.3.2 Product Portfolio
10.2.3.3 Demographic Reach and Achievements
10.2.3.4 Certifications
10.2.4 Higer Bus Company Limited.
10.2.4.1 Company Overview
10.2.4.2 Product Portfolio
10.2.4.3 Demographic Reach and Achievements
10.2.4.4 Certifications
10.2.5 Daimler AG
10.2.5.1 Company Overview
10.2.5.2 Product Portfolio
10.2.5.3 Demographic Reach and Achievements
10.2.5.4 Certifications
10.2.6 Volvo Group
10.2.6.1 Company Overview
10.2.6.2 Product Portfolio
10.2.6.3 Demographic Reach and Achievements
10.2.6.4 Certifications
10.2.7 Others
11 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Israel Bus Transportation Market: Key Industry Highlights, 2018 and 2032
2. Israel Bus Transportation Historical Market: Breakup by Bus Size (USD Million), 2018-2023
3. Israel Bus Transportation Market Forecast: Breakup by Bus Size (USD Million), 2024-2032
4. Israel Bus Transportation Historical Market: Breakup by Type (USD Million), 2018-2023
5. Israel Bus Transportation Market Forecast: Breakup by Type (USD Million), 2024-2032
6. Israel Bus Transportation Historical Market: Breakup by Fuel Type (USD Million), 2018-2023
7. Israel Bus Transportation Market Forecast: Breakup by Fuel Type (USD Million), 2024-2032
8. Israel Bus Transportation Historical Market: Breakup by Application (USD Million), 2018-2023
9. Israel Bus Transportation Market Forecast: Breakup by Application (USD Million), 2024-2032
10. Israel Bus Transportation Historical Market: Breakup by End Use (USD Million), 2018-2023
11. Israel Bus Transportation Market Forecast: Breakup by End Use (USD Million), 2024-2032
12. Israel Bus Transportation Market Structure

Companies Mentioned

  • Merkavim transportation Ltd.
  • BYD Company Ltd.
  • Xiamen Golden Dragon Bus Co.LTD
  • Higer Bus Company Limited.
  • Daimler AG
  • Volvo Group

Methodology

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