Europe Minibus Market Size study, by Propulsion (IC engine, and Electric) by End User (Schools, Tourism, and Others) by Seating Capacity (Less than 20 seats, and More than 20 seats) and Country Forecasts 2022-2032

Description

List of Tables

Europe Minibus Market is valued approximately USD 2.14 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 4.15% over the forecast period 2024-2032. A variety of automobiles projected for passenger transportation, usually accommodating about 8 to 30 people, are included in the Europe minibus market. These minibuses are used for numerous things, such as corporate transportation, tourism, private shuttle services, and public transportation. Minibus design and manufacture are impacted by EU laws on safety standards, emissions, and vehicle size. The demand for minibuses, particularly in the corporate and commercial sectors, is inclined by economic trends such as GDP growth, consumer spending, and company investment. Minibuses of the future will be shaped by advancements in autonomous driving technologies, connection features, hybrid and electric drivetrains, and engine efficiency. Thus, these factors can drive demand for the Europe Minibus Market.

One of the major factors driving demand for the Europe Minibus Market is the increasing demand for innovative minibuses. Key manufacturers and companies are looking for minibuses with innovative features like electric drivetrains, connection options, and cutting-edge safety systems more and more as technology develops. Particularly electric minibuses are becoming more popular because of their zero-emission operation and cheaper running costs, which is in line with Europe's emphasis on environmental sustainability and lowering carbon emissions. For instance, in January 2023, ULTIMO announced a plan that can provide 45 autonomous minibuses in 3 cities Oslo (Norway), Geneva (Switzerland), and Kronach (Germany). According to the ULTIMO, the company received 55 million euros for 4 years project, in which 16 million from the Swiss Confederation and 24 million comes from the European Commission, with the rest coming from various industrial partners. However, high development costs and safety emission standards, on the other hand, will stifle market growth between 2022 and 2032.

The key countries considered for the Europe Minibus market study includes UK, Germany, France, Italy, Spain, and Rest of Europe. In 2023, UK was the largest market. Government policies promoting environmental sustainability, such as Clean Air Zones and low-emission zones, are driving the adoption of electric and low-emission minibuses. According to Society of Motor Manufacturers and Traders (SMMT) published figures, in 2024, UK's new zero emission coach, bus, and minibus market is rising, with 4,932 new units registered in 2023, registering increase of 44.6% from 2022. The market in Germany, on the other hand, is expected to develop at the fastest rate over the forecast period.

Major market player included in this report are:

IVECO S.P.A
Volkswagen Group
Mercedes-Benz Group AG
Karsan
Company 5
Company 6
Company 7
Company 8
Company 9
Company 10

The detailed segments and sub-segment of the market are explained below:

By Propulsion

IC engine
Electric

By End User

Schools
Tourism
Others

By Seating Capacity

Less than 20 seats
More than 20 seats

By Region:

Europe
UK
Germany
France
Spain
Italy
ROE

Years considered for the study are as follows:

Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and Country level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market.

Chapter 1.Europe Minibus Market Definition and Research Assumptions

1.1.Research Objective
1.2.Market Definition
1.3.Research Assumptions
- 1.3.1.Inclusion & Exclusion
- 1.3.2.Limitations
- 1.3.3.Supply Side Analysis
  - 1.3.3.1.Availability
  - 1.3.3.2.Infrastructure
  - 1.3.3.3.Regulatory Environment
  - 1.3.3.4.Market Competition
  - 1.3.3.5.Economic Viability (Consumer's Perspective)
- 1.3.4.Demand Side Analysis
  - 1.3.4.1.Regulatory frameworks
  - 1.3.4.2.Technological Advancements
  - 1.3.4.3.Environmental Considerations
  - 1.3.4.4.Consumer Awareness & Acceptance
1.4.Estimation Methodology
1.5.Years Considered for the Study
1.6.Currency Conversion Rates

Chapter 2.Executive Summary

2.1.Europe Minibus Market Size & Forecast (2022- 2032)
2.2.Regional Summary
2.3.Segmental Summary
- 2.3.1.By Propulsion
- 2.3.2.By End User
- 2.3.3.By Seating Capacity
2.4.Key Trends
2.5.Recession Impact
2.6.Analyst Recommendation & Conclusion

Chapter 3.Europe Minibus Market Dynamics

3.1.Market Drivers
3.2.Market Challenges
3.3.Market Opportunities

Chapter 4.Europe Minibus Market Industry Analysis

4.1.Porter's 5 Force Model
- 4.1.1.Bargaining Power of Suppliers
- 4.1.2.Bargaining Power of Buyers
- 4.1.3.Threat of New Entrants
- 4.1.4.Threat of Substitutes
- 4.1.5.Competitive Rivalry
- 4.1.6.Futuristic Approach to Porter's 5 Force Model
- 4.1.7.Porter's 5 Force Impact Analysis
4.2.PESTEL Analysis
- 4.2.1.Political
- 4.2.2.Economical
- 4.2.3.Social
- 4.2.4.Technological
- 4.2.5.Environmental
- 4.2.6.Legal
4.3.Top investment opportunity
4.4.Top winning strategies
4.5.Disruptive Trends
4.6.Industry Expert Perspective
4.7.Analyst Recommendation & Conclusion

Chapter 5.Europe Minibus Market Size & Forecasts by Propulsion 2022-2032

5.1.IC engine
5.2.Electric

Chapter 6.Europe Minibus Market Size & Forecasts by End User 2022-2032

6.1.Schools
6.2.Tourism
6.3.Others

Chapter 7.Europe Minibus Market Size & Forecasts by Seating Capacity 2022-2032

7.1.Less than 20 seats
7.2.More than 20 seats

Chapter 8.Europe Minibus Market Size & Forecasts by Country 2022-2032

8.1.U.K. Minibus Market
- 8.1.1.Propulsion breakdown size & forecasts, 2022-2032
- 8.1.2.End User breakdown size & forecasts, 2022-2032
- 8.1.3.Seating Capacity breakdown size & forecasts, 2022-2032
8.2.Germany Minibus Market
8.3.France Minibus Market
8.4.Spain Minibus Market
8.5.Italy Minibus Market
8.6.Rest of Europe Minibus Market

Chapter 9.Competitive Intelligence

9.1.Key Company SWOT Analysis
9.2.Top Market Strategies
9.3.Company Profiles
- 9.3.1. IVECO S.P.A
  - 9.3.1.1.Key Information
  - 9.3.1.2.Overview
  - 9.3.1.3.Financial (Subject to Data Availability)
  - 9.3.1.4.Product Summary
  - 9.3.1.5.Market Strategies
- 9.3.2. Volkswagen Group
- 9.3.3.Mercedes-Benz Group AG
- 9.3.4.Karsan

Chapter 10.Research Process

10.1.Research Process
- 10.1.1.Data Mining
- 10.1.2.Analysis
- 10.1.3.Market Estimation
- 10.1.4.Validation
- 10.1.5.Publishing
10.2.Research Attributes

LIST OF TABLES

TABLE 1.Europe Minibus market, report scope
TABLE 2.Europe Minibus market estimates & forecasts by Country 2022-2032 (USD Billion)
TABLE 3.Europe Minibus market estimates & forecasts by Propulsion 2022-2032 (USD Billion)
TABLE 4.Europe Minibus market estimates & forecasts by End User 2022-2032 (USD Billion)
TABLE 5.Europe Minibus market estimates & forecasts by Seating Capacity 2022-2032 (USD Billion)
TABLE 6.Europe Minibus market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 7.Europe Minibus market by country, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 8.Europe Minibus market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 9.Europe Minibus market by country, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 10.Europe Minibus market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 11.Europe Minibus market by country, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 12.Europe Minibus market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 13.Europe Minibus market by country, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 14.Europe Minibus market by segment, estimates & forecasts, 2022-2032 (USD Billion) Europe Minibus market by country, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 15.UK Minibus market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 16.UK Minibus market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 17.UK Minibus market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 18.Germany Minibus market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 19.Germany Minibus market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 20.Germany Minibus market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 21.France Minibus market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 22.France Minibus market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 23.France Minibus market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 24.Italy Minibus market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 25.Italy Minibus market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 26.Italy Minibus market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 27.Spain Minibus market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 28.Spain Minibus market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 29.Spain Minibus market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 30.RoE Minibus market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 31.RoE Minibus market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 32.RoE Minibus market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 33.List of secondary sources, used in the study of Europe Minibus Market.
TABLE 34.List of primary sources, used in the study of Europe Minibus Market.
TABLE 35.Years considered for the study.
TABLE 36.Exchange rates considered.

LIST OF FIGURES

FIG 1.Europe Minibus market, research methodology
FIG 2.Europe Minibus market, market estimation techniques
FIG 3.Europe market size estimates & forecast methods.
FIG 4.Europe Minibus market, key trends 2023
FIG 5.Europe Minibus market, growth prospects 2022-2032
FIG 6.Europe Minibus market, porters 5 force model
FIG 7.Europe Minibus market, pestel analysis
FIG 8.Europe Minibus market, value chain analysis
FIG 9.Europe Minibus market by segment, 2022 & 2032 (USD Billion)
FIG 10.Europe Minibus market by segment, 2022 & 2032 (USD Billion)
FIG 11.Europe Minibus market by segment, 2022 & 2032 (USD Billion)
FIG 12.Europe Minibus market by segment, 2022 & 2032 (USD Billion)
FIG 13.Europe Minibus market by segment, 2022 & 2032 (USD Billion)
FIG 14.Europe Minibus market, Country snapshot 2022 & 2032
FIG 15.Europe Minibus market 2022 & 2032 (USD Billion)
FIG 16.Europe Minibus market, company market share analysis (2023)