Saudi Arabia Bus Market, By Bus Length (Up to 8 M, 8-10 M, 10-12 M, & Above 12 M), By Seating Capacity (15-30, 30-40, 40-50 & Above 50), By Fuel Type (Diesel, Petrol, CNG, Others), By Application (Transit Buses, Motor Coaches & School Buses), Competition, Forecast & Opportunities, 2025
Saudi Arabia bus market was valued around USD 13.51 Billion in 2019 and is projected to grow at CAGR of 8.52% during the forecast period on account of growing inclination of the population towards public transportation. Furthermore, as part of the Saudi Vision 2030, the country is planning to promote and enhance public transport in the country, which is anticipated to positively influence the market growth over the coming years.
Saudi Arabia bus market can be segmented based on bus length, seating capacity, fuel type, application and region. In terms of seating capacity, market can be segregated into 15-30, 30-40, 40-50 and above 50. Among these, 30-40 segment dominated the market as it is the preferred segment on account of easy boarding, even with a stroller or wheelchair. Additionally, it can easily store large volumes of luggage.
Based on fuel type, diesel segment led the Saudi Arabia bus market with share of 71.84% in 2019 due to its low price in the country. However, increasing emphasis by the governments on clean energy public transportation, share of electric & hybrid bus is expected to increase over the coming years. Furthermore, increasing air pollution and reducing cost of batteries are expected to have a positive impact on the market growth of electric & hybrid buses in the country.
Based on application, transit bus segment is expected to grow at the highest rate as public bus operators are upgrading bus fleets to reduce fuel and emission costs, while enhancing the riding experience.
Major players operating in the Saudi Arabia bus market include Mercedes Benz AG, MAN SE, Scania AB, Tata Motors Limited, Hyundai Motors Company, AB Volvo, Eicher Motors Limited, Mitsubishi Fuso Truck and Bus Corporation, Ashok Leyland Limited and Alexander Dennis Limited (ADL). The key players in the market are investing in research & development activities to manufacture technologically advanced buses and increase their market share.
Years considered for this report:
TechSci Research calculated the market size of Saudi Arabia bus market using a bottom-up approach, where data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
Report Scope:
In this report, Saudi Arabia bus market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Company Profiles: Detailed analysis of the major companies present in Saudi Arabia bus market.
Available Customizations:
With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:
Company Information
Saudi Arabia bus market can be segmented based on bus length, seating capacity, fuel type, application and region. In terms of seating capacity, market can be segregated into 15-30, 30-40, 40-50 and above 50. Among these, 30-40 segment dominated the market as it is the preferred segment on account of easy boarding, even with a stroller or wheelchair. Additionally, it can easily store large volumes of luggage.
Based on fuel type, diesel segment led the Saudi Arabia bus market with share of 71.84% in 2019 due to its low price in the country. However, increasing emphasis by the governments on clean energy public transportation, share of electric & hybrid bus is expected to increase over the coming years. Furthermore, increasing air pollution and reducing cost of batteries are expected to have a positive impact on the market growth of electric & hybrid buses in the country.
Based on application, transit bus segment is expected to grow at the highest rate as public bus operators are upgrading bus fleets to reduce fuel and emission costs, while enhancing the riding experience.
Major players operating in the Saudi Arabia bus market include Mercedes Benz AG, MAN SE, Scania AB, Tata Motors Limited, Hyundai Motors Company, AB Volvo, Eicher Motors Limited, Mitsubishi Fuso Truck and Bus Corporation, Ashok Leyland Limited and Alexander Dennis Limited (ADL). The key players in the market are investing in research & development activities to manufacture technologically advanced buses and increase their market share.
Years considered for this report:
- Historical Years: 2015-2018
- Base Year: 2019
- Estimated Year: 2020
- Forecast Period: 2021–2025
- To analyze and forecast the market size of Saudi Arabia bus market.
- To classify and forecast Saudi Arabia bus market based on bus length, seating capacity, fuel type, application and regional distribution.
- To identify drivers and challenges for Saudi Arabia bus market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Saudi Arabia bus market.
- To conduct the pricing analysis for Saudi Arabia bus market.
- To identify and analyze the profile of leading players involved in the Saudi Arabia bus market.
TechSci Research calculated the market size of Saudi Arabia bus market using a bottom-up approach, where data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
- Bus manufacturers, suppliers, distributors and other stakeholders
- Government bodies such as regulating authorities and policy makers
- Organizations, forums and alliances related to bus market
- Market research and consulting firms
Report Scope:
In this report, Saudi Arabia bus market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Market, By Bus Length:
- Up to 8 M
- 8-10 M
- 10-12 M
- Above 12 M
- Market, By Seating Capacity:
- 15-30
- 30-40
- 40-50
- Above 50
- Market, By Fuel Type:
- Diesel
- Petrol/Gasoline
- CNG
- Electric & Hybrid
- Market, By Application:
- Transit Buses
- Motor Coaches
- School Buses
- Market, By Region:
- Western
- Northern & Central
- Eastern
- Southern
Company Profiles: Detailed analysis of the major companies present in Saudi Arabia bus market.
Available Customizations:
With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
1. PRODUCT OF INTEREST: BUS
2. RESEARCH METHODOLOGY
3. IMPACT OF COVID-19 ON SAUDI ARABIA BUS MARKET
4. EXECUTIVE SUMMARY
5. VOICE OF CUSTOMER
6. SAUDI ARABIA BUS MARKET OUTLOOK
6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By Bus Length (Up to 8 M, 8-10 M, 10-12 M, & Above 12 M)
6.2.2. By Seating Capacity (15-30, 30-40, 40-50 & Above 50)
6.2.3. By Fuel Type (Diesel, Petrol, CNG, Others)
6.2.4. By Application (Transit Buses, Motor Coaches & School Buses)
6.2.5. By Region
6.2.6. By Company
6.3. Market Attractiveness Index, By Seating Capacity
7. SAUDI ARABIA UP TO 8 M BUS MARKET OUTLOOK
7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By Seating Capacity
7.2.2. By Fuel Type
7.2.3. By Application
8. SAUDI ARABIA 10-12 M BUS MARKET OUTLOOK
8.1. Market Size & Forecast
8.1.1. By Value & Volume
8.2. Market Share & Forecast
8.2.1. By Seating Capacity
8.2.2. By Fuel Type
8.2.3. By Application
9. SAUDI ARABIA ABOVE 12 M BUS MARKET OUTLOOK
9.1. Market Size & Forecast
9.1.1. By Value & Volume
9.2. Market Share & Forecast
9.2.1. By Seating Capacity
9.2.2. By Fuel Type
9.2.3. By Application
10. SAUDI ARABIA ABOVE 8-10 M BUS MARKET OUTLOOK
10.1. Market Size & Forecast
10.1.1. By Value & Volume
10.2. Market Share & Forecast
10.2.1. By Seating Capacity
10.2.2. By Fuel Type
10.2.3. By Application
11. PRICING ANALYSIS
12. IMPORT & EXPORT ANALYSIS
13. MARKET DYNAMICS
13.1. Drivers/Opportunities
13.2. Challenges/Restraints
14. MARKET TRENDS & DEVELOPMENTS
15. POLICY & REGULATORY LANDSCAPE
16. SAUDI ARABIA ECONOMIC PROFILE
17. COMPETITIVE LANDSCAPE
17.1. Mercedes Benz AG
17.2. MAN SE
17.3. Scania AB
17.4. Tata Motors Limited
17.5. Hyundai Motors Company
17.6. AB Volvo
17.7. Eicher Motors Limited
17.8. Mitsubishi Fuso Truck and Bus Corporation
17.9. Ashok Leyland Limited
17.10. Alexander Dennis Limited (ADL)
18. STRATEGIC RECOMMENDATIONS
19. ABOUT US & DISCLAIMER
2. RESEARCH METHODOLOGY
3. IMPACT OF COVID-19 ON SAUDI ARABIA BUS MARKET
4. EXECUTIVE SUMMARY
5. VOICE OF CUSTOMER
6. SAUDI ARABIA BUS MARKET OUTLOOK
6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By Bus Length (Up to 8 M, 8-10 M, 10-12 M, & Above 12 M)
6.2.2. By Seating Capacity (15-30, 30-40, 40-50 & Above 50)
6.2.3. By Fuel Type (Diesel, Petrol, CNG, Others)
6.2.4. By Application (Transit Buses, Motor Coaches & School Buses)
6.2.5. By Region
6.2.6. By Company
6.3. Market Attractiveness Index, By Seating Capacity
7. SAUDI ARABIA UP TO 8 M BUS MARKET OUTLOOK
7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By Seating Capacity
7.2.2. By Fuel Type
7.2.3. By Application
8. SAUDI ARABIA 10-12 M BUS MARKET OUTLOOK
8.1. Market Size & Forecast
8.1.1. By Value & Volume
8.2. Market Share & Forecast
8.2.1. By Seating Capacity
8.2.2. By Fuel Type
8.2.3. By Application
9. SAUDI ARABIA ABOVE 12 M BUS MARKET OUTLOOK
9.1. Market Size & Forecast
9.1.1. By Value & Volume
9.2. Market Share & Forecast
9.2.1. By Seating Capacity
9.2.2. By Fuel Type
9.2.3. By Application
10. SAUDI ARABIA ABOVE 8-10 M BUS MARKET OUTLOOK
10.1. Market Size & Forecast
10.1.1. By Value & Volume
10.2. Market Share & Forecast
10.2.1. By Seating Capacity
10.2.2. By Fuel Type
10.2.3. By Application
11. PRICING ANALYSIS
12. IMPORT & EXPORT ANALYSIS
13. MARKET DYNAMICS
13.1. Drivers/Opportunities
13.2. Challenges/Restraints
14. MARKET TRENDS & DEVELOPMENTS
15. POLICY & REGULATORY LANDSCAPE
16. SAUDI ARABIA ECONOMIC PROFILE
17. COMPETITIVE LANDSCAPE
17.1. Mercedes Benz AG
17.2. MAN SE
17.3. Scania AB
17.4. Tata Motors Limited
17.5. Hyundai Motors Company
17.6. AB Volvo
17.7. Eicher Motors Limited
17.8. Mitsubishi Fuso Truck and Bus Corporation
17.9. Ashok Leyland Limited
17.10. Alexander Dennis Limited (ADL)
18. STRATEGIC RECOMMENDATIONS
19. ABOUT US & DISCLAIMER
LIST OF TABLES
Table 1: Pricing Analysis of Buses of Major Companies, 2019
Table 2: Relevant Import Duties in Kingdom Of Saudi Arabia
Table 1: Pricing Analysis of Buses of Major Companies, 2019
Table 2: Relevant Import Duties in Kingdom Of Saudi Arabia
LIST OF FIGURES
Figure 1: Saudi Arabia Bus Market – Aided Brand Recall (N=75)
Figure 2: Saudi Arabia Bus Market – Unaided Brand Recall (N=75)
Figure 3: Saudi Arabia Bus Market Size, By Value (USD Billion), By Volume (Thousand Unit), 2015-2025F
Figure 4: Saudi Arabia Commercial Vehicle Sales (Thousand Units), 2015-2019
Figure 5: Saudi Arabia Bus Market Share, By Length, By Volume, 2015-2025F
Figure 6: Saudi Arabia Bus Market Share, By Seating Capacity, By Volume, 2015-2025F
Figure 7: Saudi Arabia Bus Market Share, By Fuel Type, By Volume, 2015-2025F
Figure 8: Saudi Arabia Bus Market Share, By Application, By Volume, 2015-2025F
Figure 9: Saudi Arabia Bus Market Share, By Region, By Volume, 2019 & 2025F
Figure 10: Saudi Arabia Bus Market Share, By Company, By Volume, 2019
Figure 11: Saudi Arabia Bus Market Map, By Seating Capacity, Market Size (USD Billion) & Growth Rate (%)
Figure 12: Saudi Arabia Up to 8 M Bus Market Size, By Value (USD Billion), By Volume (Thousand Unit), 2015-2025F
Figure 13: Saudi Arabia Employment to Population Ratio, 2015-2019
Figure 14: Saudi Arabia Up to 8 M Bus Market Share, By Seating Capacity, By Volume, 2015-2025F
Figure 15: Saudi Arabia Up to 8 M Bus Market Share, By Fuel Type, By Volume, 2015-2025F
Figure 16: Saudi Arabia Up to 8 M Bus Market Share, By Application, By Volume, 2015-2025F
Figure 17: Saudi Arabia 10-12 M Bus Market Size, By Value (USD Billion), By Volume (Thousand Unit), 2015-2025F
Figure 18: Saudi Arabia GDP (In USD Billion), 2015-2019
Figure 19: Saudi Arabia 10-12 M Bus Market Share, By Seating Capacity, By Volume, 2015-2025F
Figure 20: Saudi Arabia 10-12 M Bus Market Share, By Fuel Type, By Volume, 2015-2025F
Figure 21: Saudi Arabia 10-12 M Bus Market Share, By Application, By Volume, 2015-2025F
Figure 22: Saudi Arabia Above 12 M Bus Market Size, By Value (USD Billion), By Volume (Thousand Unit), 2015-2025F
Figure 23: Saudi Arabia GNI Per Capita (PPP) (In USD Thousand), 2015-2019
Figure 24: Saudi Arabia Above 12 M Bus Market Share, By Seating Capacity, By Volume, 2015-2025F
Figure 25: Saudi Arabia Above 12 M Bus Market Share, By Fuel Type, By Volume, 2015-2025F
Figure 26: Saudi Arabia Above 12 M Bus Market Share, By Application, By Volume, 2015-2025F
Figure 27: Saudi Arabia 8-10 M Bus Market Size, By Value (USD Billion), By Volume (Thousand Unit), 2015-2025F
Figure 28: Saudi Arabia Imports Of Goods & Services (USD Billion), 2015-2019
Figure 29: Saudi Arabia 8-10 M Bus Market Share, By Seating Capacity, By Volume, 2015-2025F
Figure 30: Saudi Arabia 8-10 M Bus Market Share, By Fuel Type, By Volume, 2015-2025F
Figure 31: Saudi Arabia 8-10 M Bus Market Share, By Application, By Volume, 2015-2025F
Figure 32: Saudi Arabia Import of Bus with HS code: 870210 (In USD Million)
Figure 33: Saudi Arabia Export of Bus with HS code: 870210 (In USD Million)
COMPANIES MENTIONED
1. Mercedes Benz AG
2. MAN SE
3. Scania AB
4. Tata Motors Limited
5. Hyundai Motors Company
6. AB Volvo
7. Eicher Motors Limited
8. Mitsubishi Fuso Truck and Bus Corporation
9. Ashok Leyland Limited
10. Alexander Dennis Limited (ADL)
Figure 1: Saudi Arabia Bus Market – Aided Brand Recall (N=75)
Figure 2: Saudi Arabia Bus Market – Unaided Brand Recall (N=75)
Figure 3: Saudi Arabia Bus Market Size, By Value (USD Billion), By Volume (Thousand Unit), 2015-2025F
Figure 4: Saudi Arabia Commercial Vehicle Sales (Thousand Units), 2015-2019
Figure 5: Saudi Arabia Bus Market Share, By Length, By Volume, 2015-2025F
Figure 6: Saudi Arabia Bus Market Share, By Seating Capacity, By Volume, 2015-2025F
Figure 7: Saudi Arabia Bus Market Share, By Fuel Type, By Volume, 2015-2025F
Figure 8: Saudi Arabia Bus Market Share, By Application, By Volume, 2015-2025F
Figure 9: Saudi Arabia Bus Market Share, By Region, By Volume, 2019 & 2025F
Figure 10: Saudi Arabia Bus Market Share, By Company, By Volume, 2019
Figure 11: Saudi Arabia Bus Market Map, By Seating Capacity, Market Size (USD Billion) & Growth Rate (%)
Figure 12: Saudi Arabia Up to 8 M Bus Market Size, By Value (USD Billion), By Volume (Thousand Unit), 2015-2025F
Figure 13: Saudi Arabia Employment to Population Ratio, 2015-2019
Figure 14: Saudi Arabia Up to 8 M Bus Market Share, By Seating Capacity, By Volume, 2015-2025F
Figure 15: Saudi Arabia Up to 8 M Bus Market Share, By Fuel Type, By Volume, 2015-2025F
Figure 16: Saudi Arabia Up to 8 M Bus Market Share, By Application, By Volume, 2015-2025F
Figure 17: Saudi Arabia 10-12 M Bus Market Size, By Value (USD Billion), By Volume (Thousand Unit), 2015-2025F
Figure 18: Saudi Arabia GDP (In USD Billion), 2015-2019
Figure 19: Saudi Arabia 10-12 M Bus Market Share, By Seating Capacity, By Volume, 2015-2025F
Figure 20: Saudi Arabia 10-12 M Bus Market Share, By Fuel Type, By Volume, 2015-2025F
Figure 21: Saudi Arabia 10-12 M Bus Market Share, By Application, By Volume, 2015-2025F
Figure 22: Saudi Arabia Above 12 M Bus Market Size, By Value (USD Billion), By Volume (Thousand Unit), 2015-2025F
Figure 23: Saudi Arabia GNI Per Capita (PPP) (In USD Thousand), 2015-2019
Figure 24: Saudi Arabia Above 12 M Bus Market Share, By Seating Capacity, By Volume, 2015-2025F
Figure 25: Saudi Arabia Above 12 M Bus Market Share, By Fuel Type, By Volume, 2015-2025F
Figure 26: Saudi Arabia Above 12 M Bus Market Share, By Application, By Volume, 2015-2025F
Figure 27: Saudi Arabia 8-10 M Bus Market Size, By Value (USD Billion), By Volume (Thousand Unit), 2015-2025F
Figure 28: Saudi Arabia Imports Of Goods & Services (USD Billion), 2015-2019
Figure 29: Saudi Arabia 8-10 M Bus Market Share, By Seating Capacity, By Volume, 2015-2025F
Figure 30: Saudi Arabia 8-10 M Bus Market Share, By Fuel Type, By Volume, 2015-2025F
Figure 31: Saudi Arabia 8-10 M Bus Market Share, By Application, By Volume, 2015-2025F
Figure 32: Saudi Arabia Import of Bus with HS code: 870210 (In USD Million)
Figure 33: Saudi Arabia Export of Bus with HS code: 870210 (In USD Million)
COMPANIES MENTIONED
1. Mercedes Benz AG
2. MAN SE
3. Scania AB
4. Tata Motors Limited
5. Hyundai Motors Company
6. AB Volvo
7. Eicher Motors Limited
8. Mitsubishi Fuso Truck and Bus Corporation
9. Ashok Leyland Limited
10. Alexander Dennis Limited (ADL)
