PUBLISHER: Grand View Research | PRODUCT CODE: 1701403
PUBLISHER: Grand View Research | PRODUCT CODE: 1701403
North America Bus Market Size, Share & Trends Analysis Report By Type (Single Deck, Double Deck), By Fuel (Diesel, Electric and Hybrid), By Seat Capacity, By Application, By Country, And Segment Forecasts, 2025 - 2030
North America Bus Market Growth & Trends:
The North America bus market size is estimated to reach USD 13.16 billion by 2030, registering to grow at a CAGR of 11.2% from 2025 to 2030 according to a new report by Grand View Research, Inc. The North America bus market growth is attributed to the active electrification of school buses in the U.S. owing to government and private entities announcing initiatives for buying school buses or leasing them to district schools. Additionally, the growing traction of buses in the U.S. is attributed to the revamping of highway infrastructure throughout the country, the electrification of public transit bus fleet by the different state governments, growing investment towards bus charging infrastructure., the development of electric bus fleet by private transit service operators and aggressive investment by the school and federal government to electrify school buses fleet with the country.
Governments in the region have implemented stringent environmental rules and regulations, which are promoting electric buses more quickly, fueling the industry expansion. For instance, in April 2022, Kathy Hochul, the governor of New York, and legislators agreed on a state budget worth USD 220 billion. It included a proposal to convert approximately 50,000 school buses to 100% electric by 2035. While advancing the objectives of the Climate Act, the proposal aimed to enhance the air quality in New York State. By 2027, it required all new school bus procurements to be zero-emission. By 2035, it required all school buses operating on public roads to be zero-emission buses, according to the additional legislation that Governor Hochul plans to propose in the future. Additionally, the governments of developed countries have processed the tender to increase the use of electric buses in cities. For instance, in the U.S., a program launched by California Air Resources Board (CARB) included guidelines for the manufacturers to produce emission-free vehicles, thereby driving the demand for electric buses.
The major market players have introduced robust zero-emission buses in North America to improve their brand representation. For instance, in January 2024, BYD Company Ltd exemplified this trend by delivering twenty electric buses to Metrobus in Mexico. These buses boast a low-floor design, accommodating up to 130 passengers, with a three-hour charging time and a robust 300 kWh battery capacity. The growth of the bus market can also be attributed to the efforts by bus manufacturers in the automotive industry are pursuing to develop advanced, battery-powered, and hydrogen fuel cell-powered buses. For instance, in January 2023, New Flyer, a mass mobility solutions provider, announced selecting Hexagon, a manufacturing company, as a supplier continuously for the third time. Under the contract, which is estimated to be approximately USD 2.5 million, Type 4 hydrogen storage cylinders from Hexagon Purus to be used in Xcelsior CHARGE H2(TM), a sequentially manufactured electric transit bus made of hydrogen fuel-cell from New Flyer, offering a driving range of up to 350 miles/560 kilometers on a single fill-up.
North America Bus Market Report Highlights:
- The single deck segment held the largest share of 92.8% in 2024. The aggressive investments being made across the U.S. and Canada to enhance the road transportation network have increased the accessibility of single-deck buses for interstate travel for passengers.
- The diesel segment held the largest market share in 2024. Diesel tends to be cheaper as compared to other vehicle fuels.
- The 31-50 seats segment dominated the market in 2024. Buses with a capacity of 30-50 seats are utilized for scheduled travel, tourism, and student transportation.
- The school segment dominated the market in 2024. Factors such as refurbishment and replacing existing fossil fuel-powered bus fleets with electric ones are expected to support segmental growth over the forecast period.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Research Methodology
- 1.2.1. Information Procurement
- 1.3. Information or Data Analysis
- 1.4. Methodology
- 1.5. Research Scope and Assumptions
- 1.6. Market Formulation & Validation
- 1.7. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. North America Bus Market Variables, Trends, & Scope
- 3.1. Market Lineage Outlook
- 3.2. Market Dynamics
- 3.2.1. Market Driver Analysis
- 3.2.2. Market Restraint Analysis
- 3.2.3. Industry Challenge
- 3.3. North America Bus Market Analysis Tools
- 3.3.1. Industry Analysis - Porter's
- 3.3.1.1. Bargaining power of the suppliers
- 3.3.1.2. Bargaining power of the buyers
- 3.3.1.3. Threats of substitution
- 3.3.1.4. Threats from new entrants
- 3.3.1.5. Competitive rivalry
- 3.3.2. PESTEL Analysis
- 3.3.2.1. Political landscape
- 3.3.2.2. Economic landscape
- 3.3.2.3. Social landscape
- 3.3.2.4. Technological landscape
- 3.3.2.5. Environmental landscape
- 3.3.2.6. Legal landscape
- 3.3.1. Industry Analysis - Porter's
Chapter 4. North America Bus Market: Type Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. North America Bus Market: Type Movement Analysis, 2024 & 2030 (USD Million)
- 4.3. Single Deck
- 4.3.1. Single Deck Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million, Units)
- 4.4. Double Deck
- 4.4.1. Double Deck Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million, Units)
Chapter 5. North America Bus Market: Fuel Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. North America Bus Market: Fuel Movement Analysis, 2024 & 2030 (USD Million)
- 5.3. Diesel
- 5.3.1. Diesel Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million, Units)
- 5.4. Electric and Hybrid
- 5.4.1. Electric and Hybrid Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million, Units)
- 5.5. Others
- 5.5.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million, Units)
Chapter 6. North America Bus Market: Seat Capacity Estimates & Trend Analysis
- 6.1. Segment Dashboard
- 6.2. North America Bus Market: Seat Capacity Movement Analysis, 2024 & 2030 (USD Million)
- 6.3. 15-30 Seats
- 6.3.1. 15-30 Seats Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million, Units)
- 6.4. 31-50 Seats
- 6.4.1. 31-50 Seats Cash Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million, Units)
- 6.5. More Than 50 Seats
- 6.5.1. More Than 50 Seats Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million, Units)
Chapter 7. North America Bus Market: Application Estimates & Trend Analysis
- 7.1. Segment Dashboard
- 7.2. North America Bus Market: Application Movement Analysis, 2024 & 2030 (USD Million)
- 7.3. Transit
- 7.3.1. Transit Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million, Units)
- 7.4. School
- 7.4.1. School Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million, Units)
- 7.5. Coach
- 7.5.1. Coach Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million, Units)
- 7.6. Others
- 7.6.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million, Units)
Chapter 8. North America Bus Market: Regional Estimates & Trend Analysis
- 8.1. North America Bus Market Share, By Region, 2024 & 2030 (USD Million, Units)
- 8.2. North America
- 8.2.1. North America North America Bus Market Estimates and Forecasts, 2018 - 2030 (USD Million, Units)
- 8.2.2. U.S.
- 8.2.2.1. U.S. North America Bus Market Estimates and Forecasts, 2018 - 2030 (USD Million, Units)
- 8.2.3. Canada
- 8.2.3.1. Canada North America Bus Market Estimates and Forecasts, 2018 - 2030 (USD Million, Units)
- 8.2.4. Mexico
- 8.2.4.1. Mexico North America Bus Market Estimates and Forecasts, 2018 - 2030 (USD Million, Units)
Chapter 9. Competitive Landscape
- 9.1. Company Categorization
- 9.2. Company Market Positioning
- 9.3. Company Heat Map Analysis
- 9.4. Company Profiles/Listing
- 9.4.1. AB Volvo
- 9.4.1.1. Participant's Overview
- 9.4.1.2. Financial Performance
- 9.4.1.3. Product Benchmarking
- 9.4.1.4. Strategic Initiatives
- 9.4.2. Anhui Ankai Automobile Co., Ltd.
- 9.4.2.1. Participant's Overview
- 9.4.2.2. Financial Performance
- 9.4.2.3. Product Benchmarking
- 9.4.2.4. Strategic Initiatives
- 9.4.3. Blue Bird Corporation
- 9.4.3.1. Participant's Overview
- 9.4.3.2. Financial Performance
- 9.4.3.3. Product Benchmarking
- 9.4.3.4. Strategic Initiatives
- 9.4.4. BYD Company Limited
- 9.4.4.1. Participant's Overview
- 9.4.4.2. Financial Performance
- 9.4.4.3. Product Benchmarking
- 9.4.4.4. Strategic Initiatives
- 9.4.5. Daimler AG (Mercedes-Benz Group AG)
- 9.4.5.1. Participant's Overview
- 9.4.5.2. Financial Performance
- 9.4.5.3. Product Benchmarking
- 9.4.5.4. Strategic Initiatives
- 9.4.6. Iveco SpA
- 9.4.6.1. Participant's Overview
- 9.4.6.2. Financial Performance
- 9.4.6.3. Product Benchmarking
- 9.4.6.4. Strategic Initiatives
- 9.4.7. Man Se
- 9.4.7.1. Participant's Overview
- 9.4.7.2. Financial Performance
- 9.4.7.3. Product Benchmarking
- 9.4.7.4. Strategic Initiatives
- 9.4.8. NAVISTAR (Traton Group)
- 9.4.8.1. Participant's Overview
- 9.4.8.2. Financial Performance
- 9.4.8.3. Product Benchmarking
- 9.4.8.4. Strategic Initiatives
- 9.4.9. NFI Group
- 9.4.9.1. Participant's Overview
- 9.4.9.2. Financial Performance
- 9.4.9.3. Product Benchmarking
- 9.4.9.4. Strategic Initiatives
- 9.4.10. Proterra Inc.
- 9.4.10.1. Participant's Overview
- 9.4.10.2. Financial Performance
- 9.4.10.3. Product Benchmarking
- 9.4.10.4. Strategic Initiatives
- 9.4.1. AB Volvo
List of Tables
- Table 1 North America bus market size estimates & forecasts 2018 - 2030 (USD Million, Units)
- Table 2 North America bus market, by country 2018 - 2030 (USD Million, Units)
- Table 3 North America bus market, by type 2018 - 2030 (USD Million, Units)
- Table 4 North America bus market, by fuel 2018 - 2030 (USD Million, Units)
- Table 5 North America bus market, by seat capacity 2018 - 2030 (USD Million, Units)
- Table 6 North America bus market, by application 2018 - 2030 (USD Million, Units)
- Table 7 Single deck market, by region 2018 - 2030 (USD Million, Units)
- Table 8 Double deck market, by region 2018 - 2030 (USD Million, Units)
- Table 9 Diesel market, by region 2018 - 2030 (USD Million, Units)
- Table 10 Electric and hybrid market, by region 2018 - 2030 (USD Million, Units)
- Table 11 Others market, by region 2018 - 2030 (USD Million, Units)
- Table 12 15-30 seats market, by region 2018 - 2030 (USD Million, Units)
- Table 13 31-50 seats market, by region 2018 - 2030 (USD Million, Units)
- Table 14 More than 50 seats market, by region 2018 - 2030 (USD Million, Units)
- Table 15 Transit market, by region 2018 - 2030 (USD Million, Units)
- Table 16 School market, by region 2018 - 2030 (USD Million, Units)
- Table 17 Coach market, by region 2018 - 2030 (USD Million, Units)
- Table 18 Others market, by region 2018 - 2030 (USD Million, Units)
- Table 19 North America North America bus market, by type 2018 - 2030 (USD Million, Units)
- Table 20 North America North America bus market, by fuel 2018 - 2030 (USD Million, Units)
- Table 21 North America North America bus market, by seat capacity 2018 - 2030 (USD Million, Units)
- Table 22 North America North America bus market, by application 2018 - 2030 (USD Million, Units)
- Table 23 U.S. North America bus market, by type 2018 - 2030 (USD Million, Units)
- Table 24 U.S. North America bus market, by fuel 2018 - 2030 (USD Million, Units)
- Table 25 U.S. North America bus market, by seat capacity 2018 - 2030 (USD Million, Units)
- Table 26 U.S. North America bus market, by application 2018 - 2030 (USD Million, Units)
- Table 27 Canada North America bus market, by type 2018 - 2030 (USD Million, Units)
- Table 28 Canada North America bus market, by fuel 2018 - 2030 (USD Million, Units)
- Table 29 Canada North America bus market, by seat capacity 2018 - 2030 (USD Million, Units)
- Table 30 Canada North America bus market, by application 2018 - 2030 (USD Million, Units)
- Table 31 Mexico North America bus market, by type 2018 - 2030 (USD Million, Units)
- Table 32 Mexico North America bus market, by fuel 2018 - 2030 (USD Million, Units)
- Table 33 Mexico North America bus market, by seat capacity 2018 - 2030 (USD Million, Units)
- Table 34 Mexico North America bus market, by application 2018 - 2030 (USD Million, Units)
List of Figures
- Fig. 1 North America bus market segmentation
- Fig. 2 Market research fuel
- Fig. 3 Information procurement
- Fig. 4 Primary research pattern
- Fig. 5 Market research approaches
- Fig. 6 Value chain-based sizing & forecasting
- Fig. 7 Parent market analysis
- Fig. 8 Market formulation & validation
- Fig. 9 North America bus market snapshot
- Fig. 10 North America bus market segment snapshot
- Fig. 11 North America bus market competitive landscape snapshot
- Fig. 12 Market research fuel
- Fig. 13 Market driver relevance analysis (Current & future impact)
- Fig. 14 Market restraint relevance analysis (Current & future impact)
- Fig. 15 North America bus market, type outlook key takeaways (USD Million, Units)
- Fig. 16 North America bus market type movement analysis 2024 & 2030 (USD Million, Units)
- Fig. 17 Single deck market revenue estimates and forecasts, 2018 - 2030 (USD Million, Units)
- Fig. 18 Double deck market revenue estimates and forecasts, 2018 - 2030 (USD Million, Units)
- Fig. 19 North America Bus market: Fuel outlook key takeaways (USD Million, Units)
- Fig. 20 North America Bus market: Fuel movement analysis 2024 & 2030 (USD Million, Units)
- Fig. 21 Diesel market revenue estimates and forecasts, 2018 - 2030 (USD Million, Units)
- Fig. 22 Electric and hybrid market revenue estimates and forecasts, 2018 - 2030 (USD Million, Units)
- Fig. 23 Others market revenue estimates and forecasts, 2018 - 2030 (USD Million, Units)
- Fig. 24 North America Bus market: Seat capacity outlook key takeaways (USD Million, Units)
- Fig. 25 North America Bus market: Seat capacity movement analysis 2024 & 2030 (USD Million, Units)
- Fig. 26 15-30 seats market revenue estimates and forecasts, 2018 - 2030 (USD Million, Units)
- Fig. 27 31-50 seats market revenue estimates and forecasts, 2018 - 2030 (USD Million, Units)
- Fig. 28 More than 50 seats market revenue estimates and forecasts, 2018 - 2030 (USD Million, Units)
- Fig. 29 North America Bus market: End use outlook key takeaways (USD Million, Units)
- Fig. 30 North America Bus market: End use movement analysis 2024 & 2030 (USD Million, Units)
- Fig. 31 Transit market revenue estimates and forecasts, 2018 - 2030 (USD Million, Units)
- Fig. 32 School market revenue estimates and forecasts, 2018 - 2030 (USD Million, Units)
- Fig. 33 Coach market revenue estimates and forecasts, 2018 - 2030 (USD Million, Units)
- Fig. 34 Others market revenue estimates and forecasts, 2018 - 2030 (USD Million, Units)
- Fig. 35 Regional marketplace: Key takeaways
- Fig. 36 North America Bus market: Regional outlook, 2024 & 2030 (USD Million, Units)
- Fig. 37 North America North America bus market estimates and forecasts, 2018 - 2030 (USD Million, Units)
- Fig. 38 U.S. North America bus market estimates and forecasts, 2018 - 2030 (USD Million, Units)
- Fig. 39 Canada North America bus market estimates and forecasts, 2018 - 2030 (USD Million, Units)
- Fig. 40 Mexico North America bus market estimates and forecasts, 2018 - 2030 (USD Million, Units)
- Fig. 41 Strategy framework
- Fig. 42 Company Categorization
