Mid-sized School Buses Market Size - By Fuel (Diesel, Electric, Hybrid), By Class (Type A, Type B), By End User (School District, Private Contractor, Charter Services) & Forecast, 2024

Description

Global Mid-sized School Buses Market will witness over 7% CAGR between 2024 and 2032 owing to growing investments in zero-emission school buses from prominent local organizations. Since environmental concerns are becoming increasingly prevalent, the emphasis on sustainable transportation solutions is rapidly growing, especially in the education department. These investments portray a gradual preference for greener alternatives due to a combination of regulatory pressures and environmental awareness.

For instance, in June 2023, a $130 million fund to assist public school districts in small and medium-sized air districts with most of the full cost of purchasing a new zero-emission school bus was approved by the California Air Resources Board. The application period for the California Public School Bus Set-Aside is aimed at covering most, if not all, of the cost of a new zero-emission battery electric school bus, such as those produced by BYD.

Mid-sized school buses provide a healthier and safer environment for drivers and students alike. Zero-emission buses offer many benefits, including reduced carbon emissions, lower operating costs over time, and improved air quality. Owing to this, the mid-sized school buses demand, particularly those with zero-emission technology, are expected to continue advancing as more organizations give importance to sustainability in their functioning.

The overall Mid-sized School Buses Industry size is classified based on fuel, class, end-use, and region.

The electric segment will undergo rigorous development from 2024 to 2032, driven by the rapidly multiplying interest in electric fuel. The trend for electric buses helps provide a cleaner and healthier mode of transportation for students, along with supporting environmental initiatives. Furthermore, Organizations and governments offering extensive revenue and funding to promote the adoption of electric buses also support the market expansion.

The mid-sized school buses market revenue from the type A segment will register a notable CAGR from 2024 to 2032. These buses offer enhanced seating capacities and safety features, making them ideal for transporting students. As safety and efficiency become highly prioritized by school districts, the mid-sized buses of this class continue to grow steadily in demand. Type A buses are often preferred for their maneuverability and compact size and are highly popularized by school districts for possessing the ability to navigate tight spaces and urban streets.

Europe mid-sized school buses market will showcase a commendable CAGR from 2024 to 2032. European countries often focus on environmental issues and target initiatives to drive sustainability. Therefore, electric mid-sized buses are a preferred choice in the region. Furthermore, the rising development of cities and urban areas leads to traffic problems in the region, thus encouraging the implementation of efficient transportation systems. Mid-sized buses are ideal for European streets due to their maneuverability and capacity.

Product Code: 9316

Chapter 1 Methodology & Scope

1.1 Research design
- 1.1.1 Research approach
- 1.1.2 Data collection methods
1.2 Base estimates and calculations
- 1.2.1 Base year calculation
- 1.2.2 Key trends for market estimates
1.3 Forecast model
1.4 Primary research & validation
- 1.4.1 Primary sources
- 1.4.2 Data mining sources
1.5 Market definitions

Chapter 2 Executive Summary

2.1 Industry 360 degree synopsis, 2021-2032

Chapter 3 Industry Insights

3.1 Industry ecosystem analysis
3.2 Supplier landscape
- 3.2.1 Raw material suppliers
- 3.2.2 Manufacturers
- 3.2.3 Distributors
- 3.2.4 End users
3.3 Profit margin analysis
3.4 Technology & innovation landscape
3.5 Patent analysis
3.6 Key news & initiatives
- 3.6.1 Partnership/Collaboration
- 3.6.2 Merger/Acquisition
- 3.6.3 Investment
- 3.6.4 Product launch and innovation
3.7 Regulatory landscape
3.8 Impact forces
- 3.8.1 Growth drivers
  - 3.8.1.1 Growing number of school-going students in developing regions
  - 3.8.1.2 High cost-effectiveness offered by mid-sized school buses
  - 3.8.1.3 Growing demand for compliance with safety standards
  - 3.8.1.4 Customization options provided by OEMs
3.9 Industry pitfalls & challenges
3.10 Growth potential analysis
3.11 Porter's analysis
3.12 PESTEL analysis

Chapter 4 Competitive Landscape, 2023

4.1 Introduction
4.2 Company market share analysis
4.3 Competitive positioning matrix
4.4 Strategic outlook matrix

Chapter 5 Market Estimates & Forecast, By Fuel, 2021-2032 (USD Bn, Units)

5.1 Key trends
5.2 Diesel
5.3 Electric
5.4 Hybrid

Chapter 6 Market Estimate & Forecast, By Class, 2021-2032 (USD Bn, Units)

6.1 Key trends
6.2 Type A
6.3 Type B

Chapter 7 Market Estimates & Forecast, By End-user, 2021-2032 (USD Bn, Units)

7.1 Key trends
7.2 School district
7.3 Private contractor
7.4 Charter services

Chapter 8 Market Estimates & Forecast, By Region, 2021-2032 (USD Bn, Units)

8.1 Key trends
8.2 North America
- 8.2.1 U.S.
- 8.2.2 Canada
8.3 Europe
- 8.3.1 UK
- 8.3.2 Germany
- 8.3.3 France
- 8.3.4 Italy
- 8.3.5 Spain
- 8.3.6 Russia
- 8.3.7 Nordics
- 8.3.8 Rest of Europe
8.4 Asia Pacific
- 8.4.1 China
- 8.4.2 India
- 8.4.3 Japan
- 8.4.4 South Korea
- 8.4.5 ANZ
- 8.4.6 Southeast Asia
- 8.4.7 Rest of Asia Pacific
8.5 Latin America
- 8.5.1 Brazil
- 8.5.2 Mexico
- 8.5.3 Argentina
- 8.5.4 Rest of Latin America
8.6 MEA
- 8.6.1 South Africa
- 8.6.2 Saudi Arabia
- 8.6.3 UAE
- 8.6.4 Rest of MEA

Chapter 9 Company Profiles

9.1 Blue Bird Corporation
9.2 C.E. White Co.
9.3 Carpenter Body Works
9.4 Collins Bus Corporation
9.5 Corbeil
9.6 Forest River
9.7 Gillig Corporation
9.8 Girardin Minibus
9.9 IC Bus
9.10 Lion Electric Company
9.11 Micro Bird
9.12 Motiv Power Systems
9.13 Navistario
9.14 Proterra
9.15 Starcraft Bus
9.16 Startrans
9.17 Thomas Built Buses
9.18 Titan Bus
9.19 Trans Tech
9.20 Wayne Wheeled Vehicles

Mid-sized School Buses Market Size - By Fuel (Diesel, Electric, Hybrid), By Class (Type A, Type B), By End User (School District, Private Contractor, Charter Services) & Forecast, 2024 - 2032