Bus Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opportunity 2024-32
                     Global Bus Market 
Research and Forecast 
Report 2024-2032
Format: PDF+EXCEL
© 2023 IMARC All Rights Reserved 
About IMARC Group
In ternat ional  Market  Analys is  Research and Consul t ing Group is  a leading adv iser  on management  
s t rategy and market  research wor ldwide.  We par tner  wi th c l ients  in  a l l  regions and indust ry  
vert ica ls  to  ident i fy  thei r  h ighest -value oppor tuni t ies,  address thei r  most  cr i t ica l  chal lenges,  and 
t ransform thei r  bus inesses.
IMARC’s in format ion products  inc lude major market ,  sc ient i f ic ,  economic and technological  
developments  for  bus iness leaders  in  pharmaceut ica l ,  indust r ia l ,  and h igh technology 
organizat ions.  Market  forecasts  and indust ry  analys is  for  b iotechnology,  advanced mater ia ls ,  
chemicals ,  food and beverage,  t ravel  and tour ism, nanotechnology and novel  process ing methods 
are at  the top of  the company’s  exper t ise.
IMARC’s ta i lored approach combines unfathomable ins ight  in to the dynamics o f  companies and 
markets wi th c lose cooperat ion at  a l l  levels  of  the c l ient  organizat ion.  This ensures that  our  c l ients 
achieve unmatchable compet i t ive advantage,  bui ld  more pro f ic ient  organizat ions,  and secure 
las t ing resul ts .
Accord ing  to  t he  la tes t  repo r t  by  IMARC Group,  t i t l ed  " Bus  Market :  G l oba l  
Indust ry  T rends ,  Share ,  S ize ,  G rowth ,  Opportun i ty  and  Forecast  2024-
2032, "  t he  g loba l  bus  marke t  s i ze  reached  US$  50 . 3  B i l l i on  i n  2023.
A  bus  i s  a  t ype  o f  mo to r  veh ic le  t ha t  i s  genera l l y  used  fo r  ca r ry i ng  passengers  on  
Report a f i xed  schedu le  and  rou te .  I t  i s  w ide ly  u t i l i zed  f o r  goods  t r anspor t ,  b rand  o r  
p roduc t  p romot ion ,  p r i va te  cha r t e r ,  t our i sm,  and s t udent  and  pub l i c  t r anspor t .  
Highlight and There  has  been a  cons iderab le  inc rease  in  t he  p re f e rence fo r  buses  f o r  t rave l  
pu rposes  due to  the  inc reas ing  t ra f f i c  conges t ion  ac ross  u rban  loca t i ons  and 
con t inua l  im provemen ts  in  pub l i c  mob i l i t y  se rv ices .  A long w i th  th i s ,  rap id  
Description advancement s  i n  t he  pub l i c  t ranspor ta t i on  sec t o r ,  such  as  t he  adven t  o f  d ig i t a l  
t i c ke t ing  and  l i ve  t rack ing  so lu t ions  a re  p rov id ing  an  impet us  to  the  demand fo r  
buses  among  t he  masses .
Request  fo r  a  PDF  sample  o f  th i s  repor t :  
ht tps : / / www. imarcgroup .com/bus-marke t / reques tsamp le
Report Description
G l ob a l  Bu s  M arke t  T re nds :
The  g loba l  m ar k e t  i s  p r im ar i l y  d r i ve n  b y  t he  i nc r eas in g  de m an d  f o r  t h e  pub l i c  t r anspo r t a t i on  s ys t e m s  s ince  t he y  a r e  
r e la t i v e l y  chea pe r  t han  p r i va t e  and  pe r sona l  ve h i c les .  I n  l i ne  w i t h  t h i s ,  t he  w ide sp r e ad  a dop t io n  o f  buse s  by  educ a t i ona l  
i ns t i t u t i on s ,  co r po r a t e  o f f i ce s  a nd  hos p i t a l s  i s  p r ope l l i n g  t he i r  d em an d .  A lon g  w i t h  t h i s ,  num er ous  l e ad ing  m an u f ac t u r e r s  
and  se l l e r s  a r e  heav i l y  i n ves t i ng  i n  l aun ch ing  e lec t r i c - po wer ed  bu ses  due  t o  an  e nhan ced  f o cus  o n  sus t a inab l e  
deve lo pm e n t ,  wh i ch  i s  c r ea t i ng  a  p os i t i v e  m a r ke t  ou t l o ok .  
Add i t io na l l y ,  t h e  i n c r ea s ing  i n i t i a t i ves  by  t he  gov e r nm en t s  o f  s ev e r a l  co un t r i e s  t o  p r om o t e  t he  u t i l i z a t i on  o f  e lec t r i c  bus es  
on  accou n t  o f  t he  r i s i ng  po l lu t i on  l eve l s  a r e  ac t i n g  as  ano t he r  m a jo r  g r ow t h - i nd uc ing  f ac t o r .  Fu r t he r m or e ,  sm ar t  t r ack in g  
so lu t i ons  an d  i n t e l l i gen t  com m un ica t i on  t echno logy  ( I CT)  a r e  w id e l y  be ing  equ ipped  w i t h  bus es ,  wh ic h  i s  a n t i c i p a t ed  t o  
f avo r ab l y  i m pac t  t he  m ar k e t .  O t he r  f ac t o r s ,  i nc lud in g  t he  g r ow ing  ne ed  t o  co nnec t  r u r a l  a r e as  t o  c i t i es  and  t he  
augm en t in g  f ue l  p r i c es  a c r oss  t he  g lob e ,  a r e  a l s o  pos i t i ve l y  i n f l u enc ing  t he  m ar ke t  g r ow t h .
Look i ng  f o rw ard ,  t h e  m arke t  i s  an t i c i p a t e d  t o  rea ch  a  v a l ue  o f  US$  86 . 9  B i l l i on  by  2032 ,  ex h i b i t i ng  a  CAG R o f  6 . 1%  
dur i ng  20 24 - 2 032 .
V i ew  Repo r t  T O C,  F i g ures  and  T ab l e s :  h t t ps : / / w w w . i mar cgrou p . com / bu s- ma rke t
Breakup by Type:
• Single Deck
• Double Deck
 
Breakup by Fuel Type:
Report • Diesel
• Electr ic and Hybrid
Segmentation • Others
Breakup by Seat Capacity:
• 15-30 Seats
• 31-50 Seats
• More than 50 Seats
Breakup by Application:
• Transit  Bus
• Intercity/Coaches
• Others
Report Breakup by Region:
Segmentation • North America
• Asia-Pacifi c
• Europe
• Latin America
• Middle East and Afr ica
• AB Volvo
• Anhui Ankai  Automobi le  Co. Ltd.
• Ashok Leyland (Hinduja Group)
• BYD Company Ltd.
• IVECO S.p.A
Competitive • Mercedes-Benz Group AG
Landscape • NFI  Group
• Solaris  Bus & Coach sp. z  o.o.  (Construcc iones 
with Key y Auxi l iar  de Ferrocarr i les  S.A.)
• Suzhou Eagle Electr ic  Vehic le Manufactur ing 
Players Co. Ltd
• Tata Motors  L imited
• Traton Group (Volkswagen AG)
• Xiamen King Long United Automot ive Industry 
Co. Ltd.
• Zhengzhou Yutong Bus Co. Ltd.
What was the size of the global bus market in 
2023?
What is the expected growth rate of the global bus 
market during 2024-2032?
What are the key factors driving the global bus 
market?
Key 
What has been the impact of COVID-19 on the 
Questions global bus market?
Answered in What is the breakup of the global bus market based on the type?
the Report What is the breakup of the global bus market based 
on the fuel type?
What is the breakup of the global bus market based 
on the application?
What are the key regions in the global bus market?
Who are the key players/companies in the global 
bus market?
1     P r e f a c e
2     S c o p e  a n d  M e t h o d o l o g y
    2 . 1     O b j e c t i v e s  o f  t h e  S t u d y
    2 . 2     S t a k e h o l d e r s
    2 . 3     D a t a  S o u r c e s
        2 . 3 . 1     P r i m a r y  S o u r c e s
        2 . 3 . 2     S e c o n d a r y  S o u r c e s
    2 . 4     M a r k e t  E s t i m a t i o n
        2 . 4 . 1     B o t t o m - U p  A p p r o a c h
Table of         2 . 4 . 2     T o p - D o w n  A p p r o a c h    2 . 5     F o r e c a s t i n g  M e t h o d o l o g y
3     E x e c u t i v e  S u m m a r y
4     I n t r o d u c t i o n
    4 . 1     O v e r v i e w
Contents     4 . 2     K e y  I n d u s t r y  T r e n d s5     G l o b a l  B u s  M a r k e t
    5 . 1     M a r k e t  O v e r v i e w
    5 . 2     M a r k e t  P e r f o r m a n c e
    5 . 3     I m p a c t  o f  C O V I D - 1 9
    5 . 4     M a r k e t  F o r e c a s t
6      M a r k e t  B r e a k u p  b y  T y p e
    6 . 1     S i n g l e  D e c k
        6 . 1 . 1  M a r k e t  T r e n d s
        6 . 1 . 2  M a r k e t  F o r e c a s t
    6 . 2     D o u b l e  D e c k
        6 . 2 . 1  M a r k e t  T r e n d s
        6 . 2 . 2  M a r k e t  F o r e c a s t
7    M a r k e t  B r e a k u p  b y  F u e l  T y p e
    7 . 1     D i e s e l
        7 . 1 . 1  M a r k e t  T r e n d s
        7 . 1 . 2  M a r k e t  F o r e c a s t
       
    7 . 2     E lec t r i c  a nd  H yb r id
        7 . 2 . 1  M ar ke t  T r ends
        7 . 2 . 2  M ar ke t  F o r eca s t
    7 . 3     O t he r s
        7 . 3 . 1  M ar ke t  T r ends
        7 . 3 . 2  M ar ke t  F o r eca s t
8    M arke t  Br eaku p  by  Sea t  Capa c i t y
    8 . 1     15 - 30  S ea t s
        8 . 1 . 1  M ar ke t  T r ends
        8 . 1 . 2  M ar ke t  F o r eca s t
    8 . 2     31 - 50  S ea t s
Table of         8 . 2 . 1  M ar ke t  T r ends
        8 . 2 . 2  M ar ke t  F o r eca s t
    8 . 3     M o r e  t han  5 0  Sea t s
Contents         8 . 3 . 1  M ar ke t  T r ends
        8 . 3 . 2  M ar ke t  F o r eca s t
9    M arke t  Br eaku p  by  App l i ca t i on
    9 . 1     T r ans i t  Bus
        9 . 1 . 1  M ar ke t  T r ends
        9 . 1 . 2  M ar ke t  F o r eca s t
    9 . 2     I n t e r c i t y / Coa ches
        9 . 2 . 1  M ar ke t  T r ends
        9 . 2 . 2  M ar ke t  F o r eca s t
    9 . 3     O t he r s
        9 . 3 . 1  M ar ke t  T r ends
        9 . 3 . 2  M ar ke t  F o r eca s t
    
For  more  i n f ormat i on ,  v i s i t :  
https : / /www. imarcgroup.com/bus-marke t / toc
Disclaimer
© 2023  IMARC Al l  R ights  Reserved 
Th is  Pub l i ca t ion  and  a l l  i t ’ s  con ten ts  un less  o therw ise  men t i oned  a re  copy r i gh ted  in  the  name o f  
I n t e rna t i ona l  Marke t  Ana lys i s  Research  and  Consu l t ing  ( IMARC) .  No  pa r t  o f  t h i s  pub l i ca t ion  may  be  
rep roduced ,  repackaged ,  red i s t r i bu ted  o r  res o ld  i n  who le  o r  i n  any  pa r t .  The  pub l i ca t ion  may  a l so  
no t  be  used  i n  any  f o rm o r  by  and means  g raph i c  e lec t ron ic  o r  mechan ic a l ,  i nc lud ing  pho tocopy ing ,  
reco rd ing ,  t ap ing  o r  by  i n fo rmat i on  s to rage  o r  re t r ieva l ,  o r  by  any  o the r  f o rm,  w i t hou t  the  exp ress  
c ons en t  o f  I n t e rna t iona l  Marke t  Ana lys i s  Research  and  Consu l t i ng  ( IMARC) .
Disc la imer :  Al l  con ten ts  and  da ta  o f  t h i s  pub l i c a t i on ,  i nc lud ing  fo recas t s ,  da ta  ana lys i s  and  op in ion  
have  been  based  on  in f o rmat ion  and  sources  be l ieved  to  be  accu ra te  and  re l iab le  a t  t he  t ime  o f  
pub l i sh ing .  In t e rna t i ona l  Ma rke t  Ana l ys is  Research  and  Consu l t ing  makes  no  rep resen ta t ion  o f  
war ran t y  o f  any  k ind  as  to  t he  acc u racy  o r  comp le teness  o f  any  I n fo rmat i on  p rov ided .  IMARC 
accep ts  no  l i ab i l i t y  wha tsoever  f o r  any  los s  o r  damage  resu l t i ng  f rom op in ion ,  e r ro rs  o r  
i naccu rac ies  i f  any  f ound  th is  pub l i ca t ion .
IMARC,  IMARC Group  and  G loba l  Therapy  I ns igh t  Ser i es  a re  reg is t e red  t rademarks  o f  I n te rna t iona l  
Marke t  Ana lys i s  Research  and  Consu l t ing .  A l l  o the r  t rademarks  used  i n  th i s  pub l i ca t i on  a re  
reg i s te red  t rademarks  o f  t he i r  r espec t i ve  compan ies .
Contact Us
Visit us at :
https://www.imarcgroup.com
TELEPHONE: +1-631-791-1145 
E-MAIL: [email protected]