[email protected] +44 20 8123 2220 (UK) +1 732 587 5005 (US) Contact Us | FAQ |

Buses Market Size, Share & Trends Analysis Report By Distribution Channel (Online, Offline), By Region, And Segment Forecasts, 2022 - 2028

May 2022 | 70 pages | ID: BA95FF33D134EN
Grand View Research, Inc.

US$ 4,950.00

E-mail Delivery (PDF)

Download PDF Leaflet

Accepted cards
Wire Transfer
Checkout Later
Need Help? Ask a Question
This report can be delivered to the clients within 3 Business Days

Buses Market Growth & Trends

The global buses market size is estimated to reach USD 26.0 billion by 2028 and is expected to expand at a CAGR of 9.7% from 2022 to 2028, according to a new report by Grand View Research, Inc. The market is propelled by the significant growth in the Asia Pacific and Europe. The economic growth and evolution of public transportation in the emerging countries, are contributing to the strong growth of the market. In Europe, the liberalization of the bus market in 2013 in Germany impacted the market in the country as well as other countries. The European bus operator companies’ expansion in other regions is anticipated to fuel the global market. For instance, BlaBlaCar, formerly known as Ouibus, has announced the acquisition of Octobus in Ukraine. With this acquisition, the company aims to support digitization for bus carriers outside Europe, where most of the distribution is still being carried by an offline channel.

The COVID-19 pandemic had a negative impact on the global market in 2020. Various governments across the world imposed strict lockdowns and travel restrictions to curb the spread of the disease. As a result of the pandemic, restrictions, and lockdowns imposed by governments led to a sharp decline in the passengers traveling intercity for business or tourism purposes. Many people preferred to stay home, and/or travel by personal vehicle in case of emergency, impacting the market worldwide. However, the market is anticipated to grow slowly and steadily over the next few years, yet with uncertainties and half occupancy due to the emergence of new COVID-19 strains.

Online segment is projected to register a CAGR of 11.9% from 2022 to 2028 owing to the increasing use of smartphones and other devices, coupled with rising penetration of internet services to give a boost to the market growth. Additionally, emerging new platforms providing online booking services are attributed to the segment growth. For instance, as published on 9th August 2021, Redbus is planning to expand its international business with expansion plans in Vietnam, Thailand, and Turkey.

The Asia Pacific region accounted for more than 50% of the market revenue share in 2021 in the global market. This high market revenue share is primarily credited to the large population of the region, where the main source of intercity travel is by bus. According to the United Nations data, by the end of 2020, Asia Pacific was home to nearly 60% of the global population. Additionally, due to the lack of railway connectivity to the remote areas, and low ownership of personal vehicles, intercity buses are preferred highly for long-distance travel and are credited for the higher market share.

Buses Market Report Highlights
  • Europe is expected to witness strong growth, registering the 2nd highest CAGR of 9.8% over the forecast period. Developments in the public transportation, road connectivity, increasing passenger numbers, are likely to drive the regional market growth
  • Offline segment of the distribution channel dominated the global market and held over 85% of the market revenue share in 2021. Higher consumer preference, simple, and widespread availability of channels are credited for the higher market share
  • The Asia Pacific is expected to register a growth rate of 10.1% over the forecast period in the global market. This is credited to the region’s increasing population, expansion of road construction, and developments in the tourism sector

CHAPTER 1. METHODOLOGY AND SCOPE

1.1. Research Methodology
1.2. Research Scope & Assumptions
1.3. List of Data Sources
1.4. List of Abbreviations

CHAPTER 2. EXECUTIVE SUMMARY

2.1. Market Outlook
2.2. Distribution Channel Outlook
2.3. Regional Outlook

CHAPTER 3. BUSES MARKET VARIABLES, TRENDS & SCOPE

3.1. Market Segmentation
3.2. Penetration & Growth Prospect Mapping
3.3. Value Chain Analysis
3.4. Market Dynamics
  3.4.1. Market Driver Analysis
  3.4.2. Market Restraint Analysis
  3.4.3. Market Opportunities Analysis
3.5. Business Environment Analysis
  3.5.1. Porter’s Five Forces Analysis
    3.5.1.1. Threat of new entrants
    3.5.1.2. Bargaining power of suppliers
    3.5.1.3. Bargaining power of buyers
    3.5.1.4. Threat of substitutes
    3.5.1.5. Competitive rivalry
  3.5.2. PESTLE Analysis
    3.5.2.1. Political Landscape
    3.5.2.2. Environmental Landscape
    3.5.2.3. Social Landscape
    3.5.2.4. Technology Landscape
    3.5.2.5. Economic Landscape
    3.5.2.6. Legal Landscape

CHAPTER 4. CONSUMER BEHAVIOR ANALYSIS

4.1. Consumer Trends and Preferences
4.2. Factors Affecting Buying Decision
4.3. Consumer Type Adoption
4.4. Observations & Recommendations

CHAPTER 5. BUSES MARKET: DISTRIBUTION CHANNEL ESTIMATES & TREND ANALYSIS

5.1. Distribution Channel Movement Analysis & Market Share, 2021 & 2028
5.2. Online
  5.2.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
5.3. Offline
  5.3.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)

CHAPTER 6. BUSES MARKET: REGIONAL ESTIMATES & TREND ANALYSIS

6.1. Regional Movement Analysis & Market Share, 2021 & 2028
6.2. North America
  6.2.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
  6.2.2. Market Estimates and Forecast, By Distribution Channel, 2017 - 2028 (USD Million)
  6.2.3. U.S.
    6.2.3.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
    6.2.3.2. Market Estimates and Forecast, By Distribution Channel, 2017 - 2028 (USD Million)
  6.2.4. Canada
    6.2.4.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
    6.2.4.2. Market Estimates and Forecast, By Distribution Channel, 2017 - 2028 (USD Million)
6.3. Europe
  6.3.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
  6.3.2. Market Estimates and Forecast, By Distribution Channel, 2017 - 2028 (USD Million)
  6.3.3. U.K.
    6.3.3.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
    6.3.3.2. Market Estimates and Forecast, By Distribution Channel, 2017 - 2028 (USD Million)
  6.3.4. Germany
    6.3.4.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
    6.3.4.2. Market Estimates and Forecast, By Distribution Channel, 2017 - 2028 (USD Million)
  6.3.5. France
    6.3.5.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
    6.3.5.2. Market Estimates and Forecast, By Distribution Channel, 2017 - 2028 (USD Million)
6.4. Asia Pacific
  6.4.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
  6.4.2. Market Estimates and Forecast, By Distribution Channel, 2017 - 2028 (USD Million)
  6.4.3. China
    6.4.3.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
    6.4.3.2. Market Estimates and Forecast, By Distribution Channel, 2017 - 2028 (USD Million)
  6.4.4. India
    6.4.4.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
    6.4.4.2. Market Estimates and Forecast, By Distribution Channel, 2017 - 2028 (USD Million)
  6.4.5. Japan
    6.4.5.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
    6.4.5.2. Market Estimates and Forecast, By Distribution Channel, 2017 - 2028 (USD Million)
6.5. Central & South America
  6.5.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
  6.5.2. Market Estimates and Forecast, By Distribution Channel, 2017 - 2028 (USD Million)
  6.5.3. Brazil
    6.5.3.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
    6.5.3.2. Market Estimates and Forecast, By Distribution Channel, 2017 - 2028 (USD Million)
  6.5.4. Argentina
    6.5.4.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
    6.5.4.2. Market Estimates and Forecast, By Distribution Channel, 2017 - 2028 (USD Million)
6.6. Middle East & Africa
  6.6.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
  6.6.2. Market Estimates and Forecast, By Distribution Channel, 2017 - 2028 (USD Million)
  6.6.3. Saudi Arabia
    6.6.3.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
    6.6.3.2. Market Estimates and Forecast, By Distribution Channel, 2017 - 2028 (USD Million)
  6.6.4. South Africa
    6.6.4.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
    6.6.4.2. Market Estimates and Forecast, By Distribution Channel, 2017 - 2028 (USD Million)

CHAPTER 7. COMPETITIVE ANALYSIS

7.1. Key Global Players, Recent Developments & their Impact on the Industry
7.2. Key Company/Competition Categorization (Key Innovators, Market Leaders, Emerging Players)
7.3. Vendor Landscape
  7.3.1. Key Company Market Share Analysis, 2021

CHAPTER 8. COMPANY PROFILES

8.1. FirstGroup plc
  8.1.1. Company Overview
  8.1.2. Financial Performance
  8.1.3. Product Benchmarking
  8.1.4. Strategic Initiatives
8.2. National Express Group plc
  8.2.1. Company Overview
  8.2.2. Financial Performance
  8.2.3. Product Benchmarking
  8.2.4. Strategic Initiatives
8.3. Stagecoach Group plc
  8.3.1. Company Overview
  8.3.2. Financial Performance
  8.3.3. Product Benchmarking
  8.3.4. Strategic Initiatives
8.4. Transdev
  8.4.1. Company Overview
  8.4.2. Financial Performance
  8.4.3. Product Benchmarking
  8.4.4. Strategic Initiatives
8.5. Central Japan Railway Company
  8.5.1. Company Overview
  8.5.2. Financial Performance
  8.5.3. Product Benchmarking
  8.5.4. Strategic Initiatives
8.6. Group Keolis SAS
  8.6.1. Company Overview
  8.6.2. Financial Performance
  8.6.3. Product Benchmarking
  8.6.4. Strategic Initiatives
8.7. RegioJet A.S.
  8.7.1. Company Overview
  8.7.2. Financial Performance
  8.7.3. Product Benchmarking
  8.7.4. Strategic Initiatives
8.8. MTR Corporation Limited
  8.8.1. Company Overview
  8.8.2. Financial Performance
  8.8.3. Product Benchmarking
  8.8.4. Strategic Initiatives
8.9. Go Ahead Group plc
  8.9.1. Company Overview
  8.9.2. Financial Performance
  8.9.3. Product Benchmarking
  8.9.4. Strategic Initiatives

LIST OF TABLES

1. Buses Market - Key Market Driver Analysis
2. Buses Market - Key Market Restraint Analysis
3. Global Online Buses Market Estimates and Forecast By Distribution Channel, 2017 - 2028 (USD Million)
4. Global Offline Buses Market Estimates and Forecast By Distribution Channel, 2017 - 2028 (USD Million)
5. Global Buses Estimates and Forecast, By Region 2017 - 2028 (USD Million)
6. Global Buses Market Estimates and Forecast By Distribution Channel, 2017 - 2028 (USD Million)
7. North America Buses Market Estimates and Forecast, 2017 - 2028 (USD Million)
8. North America Buses Market Estimates and Forecast By Distribution Channel, 2017 - 2028 (USD Million)
9. U.S. Buses market Estimates and Forecast, 2017 - 2028 (USD Million)
10. U.S. Buses Market Estimates and Forecast By Distribution Channel, 2017 - 2028 (USD Million)
11. Canada Buses Market Estimates and Forecast, 2017 - 2028 (USD Million)
12. Canada Buses Market Estimates and Forecast By Distribution Channel, 2017 - 2028 (USD Million)
13. Europe Buses Market Estimates and Forecast, 2017 - 2028 (USD Million)
14. Europe Buses Market Estimates and Forecast By Distribution Channel, 2017 - 2028 (USD Million)
15. U.K. Buses Market Estimates and Forecast, 2017 - 2028 (USD Million)
16. U.K. Buses Market Estimates and Forecast By Distribution Channel, 2017 - 2028 (USD Million)
17. Germany Buses Market Estimates and Forecast, 2017 - 2028 (USD Million)
18. Germany Buses Market Estimates and Forecast By Distribution Channel, 2017 - 2028 (USD Million)
19. France Buses Market Estimates and Forecast, 2017 - 2028 (USD Million)
20. France Buses Market Estimates and Forecast By Distribution Channel, 2017 - 2028 (USD Million)
21. Asia Pacific Buses Market Estimates and Forecast, 2017 - 2028 (USD Million)
22. Asia Pacific Buses Market Estimates and Forecast By Distribution Channel, 2017 - 2028 (USD Million)
23. China Buses Market Estimates and Forecast, 2017 - 2028 (USD Million)
24. China Buses Market Estimates and Forecast By Distribution Channel, 2017 - 2028 (USD Million)
25. India Buses Market Estimates and Forecast, 2017 - 2028 (USD Million)
26. India Buses Market Estimates and Forecast By Distribution Channel, 2017 - 2028 (USD Million)
27. Japan Buses Market Estimates and Forecast, 2017 - 2028 (USD Million)
28. Japan Buses Market Estimates and Forecast By Distribution Channel, 2017 - 2028 (USD Million)
29. Central & South America Buses Market Estimates and Forecast, 2017 - 2028 (USD Million)
30. Central & South America Buses Market Estimates and Forecast By Distribution Channel, 2017 - 2028 (USD Million)
31. Brazil Buses Market Estimates and Forecast, 2017 - 2028 (USD Million)
32. Brazil Buses Market Estimates and Forecast By Distribution Channel, 2017 - 2028 (USD Million)
33. Argentina Buses Market Estimates and Forecast, 2017 - 2028 (USD Million)
34. Argentina Buses Market Estimates and Forecast By Distribution Channel, 2017 - 2028 (USD Million)
35. Middle East & Africa Buses Market Estimates and Forecast, 2017 - 2028 (USD Million)
36. Middle East & Africa Buses Market Estimates and Forecast By Distribution Channel, 2017 - 2028 (USD Million)
37. Saudi Arabia Buses Market Estimates and Forecast, 2017 - 2028 (USD Million)
38. Saudi Arabia Buses Market Estimates and Forecast By Distribution Channel, 2017 - 2028 (USD Million)
39. South Africa Buses Market Estimates and Forecast, 2017 - 2028 (USD Million)
40. South Africa Buses Market Estimates and Forecast By Distribution Channel, 2017 - 2028 (USD Million)
41. Vendor landscape

LIST OF FIGURES

1. Buses Market Snapshot
2. Buses Market Segmentation & Scope
3. Buses Market Penetration & Growth Prospect Mapping
4. Buses Market Value Chain Analysis
5. Buses Market Dynamics
6. Buses Market Porter's Analysis
7. Buses Market: Distribution Channel Analysis
8. Buses Market: Regional Movement Analysis


More Publications