Global school bus market 2024-2028

Description

List of Tables

The school bus market is forecasted to grow by USD 1517.5 mn during 2023-2028, accelerating at a CAGR of 4.6% during the forecast period. The report on the school bus market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing number of school enrollments, growing interest toward electric vehicles, and advantages of school buses over other modes of transportation.

Technavio's school bus market is segmented as below:

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	4.18%
CAGR	4.6%
Incremental Value	$1517.5mn

By Powertrain Type

ICE-powered
Electric

By Type

Type C
Type B
Type A
Type D

By Geographical Landscape

North America
APAC
Europe
Middle East and Africa
South America

This study identifies the technological innovations for effectiveness of school buses as one of the prime reasons driving the school bus market growth during the next few years. Also, shift toward electric bus manufacturing by oems and adoption of lightweight materials for manufacturing school buses will lead to sizable demand in the market.

The report on the school bus market covers the following areas:

School bus market sizing
School bus market forecast
School bus market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading school bus market vendors that include Ashok Leyland Ltd., Berkshire Hathaway Inc., Blue Bird Corp., Daimler Truck AG, Eicher Motors Ltd., Ford Motor Co., GreenPower Motor Co. Inc., Higer Bus USA, JCBLGroup, Mahindra and Mahindra Ltd., Mercedes Benz Group AG, REV Group Inc., Porsche Automobil Holding SE, SML Isuzu Ltd., Tata Motors Ltd., The Lion Electric Co., Trans Tech Bus, Traton SE, Van Con Inc., and Zhengzhou Yutong Group Co. Ltd.. Also, the school bus market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR72068

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market By Geographical Landscape
- Executive Summary - Chart on Market Segmentation by Powertrain Type
- Executive Summary - Chart on Market Segmentation by Type
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
2.2 Market characteristics
- Market characteristics analysis
2.3 Value chain analysis
- Value Chain Analysis

3 Market Sizing

3.1 Market definition
- Offerings of companies included in the market definition
3.2 Market segment analysis
- Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ million)
- Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global School Bus Market 2018 - 2022
- Historic Market Size - Data Table on Global School Bus Market 2018 - 2022 ($ million)
4.2 Powertrain Type segment analysis 2018 - 2022
- Historic Market Size - Powertrain Type Segment 2018 - 2022 ($ million)
4.3 Type segment analysis 2018 - 2022
- Historic Market Size - Type Segment 2018 - 2022 ($ million)
4.4 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.5 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Powertrain Type

6.1 Market segments
- Chart on Powertrain Type - Market share 2023-2028 (%)
- Data Table on Powertrain Type - Market share 2023-2028 (%)
6.2 Comparison by Powertrain Type
- Chart on Comparison by Powertrain Type
- Data Table on Comparison by Powertrain Type
6.3 ICE-powered - Market size and forecast 2023-2028
- Chart on ICE-powered - Market size and forecast 2023-2028 ($ million)
- Data Table on ICE-powered - Market size and forecast 2023-2028 ($ million)
- Chart on ICE-powered - Year-over-year growth 2023-2028 (%)
- Data Table on ICE-powered - Year-over-year growth 2023-2028 (%)
6.4 Electric - Market size and forecast 2023-2028
- Chart on Electric - Market size and forecast 2023-2028 ($ million)
- Data Table on Electric - Market size and forecast 2023-2028 ($ million)
- Chart on Electric - Year-over-year growth 2023-2028 (%)
- Data Table on Electric - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by Powertrain Type
- Market opportunity by Powertrain Type ($ million)
- Data Table on Market opportunity by Powertrain Type ($ million)

7 Market Segmentation by Type

7.1 Market segments
- Chart on Type - Market share 2023-2028 (%)
- Data Table on Type - Market share 2023-2028 (%)
7.2 Comparison by Type
- Chart on Comparison by Type
- Data Table on Comparison by Type
7.3 Type C - Market size and forecast 2023-2028
- Chart on Type C - Market size and forecast 2023-2028 ($ million)
- Data Table on Type C - Market size and forecast 2023-2028 ($ million)
- Chart on Type C - Year-over-year growth 2023-2028 (%)
- Data Table on Type C - Year-over-year growth 2023-2028 (%)
7.4 Type B - Market size and forecast 2023-2028
- Chart on Type B - Market size and forecast 2023-2028 ($ million)
- Data Table on Type B - Market size and forecast 2023-2028 ($ million)
- Chart on Type B - Year-over-year growth 2023-2028 (%)
- Data Table on Type B - Year-over-year growth 2023-2028 (%)
7.5 Type A - Market size and forecast 2023-2028
- Chart on Type A - Market size and forecast 2023-2028 ($ million)
- Data Table on Type A - Market size and forecast 2023-2028 ($ million)
- Chart on Type A - Year-over-year growth 2023-2028 (%)
- Data Table on Type A - Year-over-year growth 2023-2028 (%)
7.6 Type D - Market size and forecast 2023-2028
- Chart on Type D - Market size and forecast 2023-2028 ($ million)
- Data Table on Type D - Market size and forecast 2023-2028 ($ million)
- Chart on Type D - Year-over-year growth 2023-2028 (%)
- Data Table on Type D - Year-over-year growth 2023-2028 (%)
7.7 Market opportunity by Type
- Market opportunity by Type ($ million)
- Data Table on Market opportunity by Type ($ million)

8 Customer Landscape

8.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Chart on Market share By Geographical Landscape 2023-2028 (%)
- Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
9.3 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ million)
- Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)
9.4 APAC - Market size and forecast 2023-2028
- Chart on APAC - Market size and forecast 2023-2028 ($ million)
- Data Table on APAC - Market size and forecast 2023-2028 ($ million)
- Chart on APAC - Year-over-year growth 2023-2028 (%)
- Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.5 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.6 Middle East and Africa - Market size and forecast 2023-2028
- Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.7 South America - Market size and forecast 2023-2028
- Chart on South America - Market size and forecast 2023-2028 ($ million)
- Data Table on South America - Market size and forecast 2023-2028 ($ million)
- Chart on South America - Year-over-year growth 2023-2028 (%)
- Data Table on South America - Year-over-year growth 2023-2028 (%)
9.8 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ million)
- Data Table on US - Market size and forecast 2023-2028 ($ million)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)
9.9 China - Market size and forecast 2023-2028
- Chart on China - Market size and forecast 2023-2028 ($ million)
- Data Table on China - Market size and forecast 2023-2028 ($ million)
- Chart on China - Year-over-year growth 2023-2028 (%)
- Data Table on China - Year-over-year growth 2023-2028 (%)
9.10 Canada - Market size and forecast 2023-2028
- Chart on Canada - Market size and forecast 2023-2028 ($ million)
- Data Table on Canada - Market size and forecast 2023-2028 ($ million)
- Chart on Canada - Year-over-year growth 2023-2028 (%)
- Data Table on Canada - Year-over-year growth 2023-2028 (%)
9.11 Japan - Market size and forecast 2023-2028
- Chart on Japan - Market size and forecast 2023-2028 ($ million)
- Data Table on Japan - Market size and forecast 2023-2028 ($ million)
- Chart on Japan - Year-over-year growth 2023-2028 (%)
- Data Table on Japan - Year-over-year growth 2023-2028 (%)
9.12 UK - Market size and forecast 2023-2028
- Chart on UK - Market size and forecast 2023-2028 ($ million)
- Data Table on UK - Market size and forecast 2023-2028 ($ million)
- Chart on UK - Year-over-year growth 2023-2028 (%)
- Data Table on UK - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
- Market opportunity By Geographical Landscape ($ million)
- Data Tables on Market opportunity By Geographical Landscape ($ million)

10 Drivers, Challenges, and Opportunity/Restraints

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
10.4 Market opportunities/restraints

11 Competitive Landscape

11.1 Overview
11.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
11.3 Landscape disruption
- Overview on factors of disruption
11.4 Industry risks
- Impact of key risks on business

12 Competitive Analysis

12.1 Companies profiled
- Companies covered
12.2 Market positioning of companies
- Matrix on companies position and classification
12.3 Ashok Leyland Ltd.
- Ashok Leyland Ltd. - Overview
- Ashok Leyland Ltd. - Product / Service
- Ashok Leyland Ltd. - Key offerings
12.4 Berkshire Hathaway Inc.
- Berkshire Hathaway Inc. - Overview
- Berkshire Hathaway Inc. - Business segments
- Berkshire Hathaway Inc. - Key news
- Berkshire Hathaway Inc. - Key offerings
- Berkshire Hathaway Inc. - Segment focus
12.5 Blue Bird Corp.
- Blue Bird Corp. - Overview
- Blue Bird Corp. - Business segments
- Blue Bird Corp. - Key offerings
- Blue Bird Corp. - Segment focus
12.6 Daimler Truck AG
- Daimler Truck AG - Overview
- Daimler Truck AG - Business segments
- Daimler Truck AG - Key news
- Daimler Truck AG - Key offerings
- Daimler Truck AG - Segment focus
12.7 Ford Motor Co.
- Ford Motor Co. - Overview
- Ford Motor Co. - Business segments
- Ford Motor Co. - Key news
- Ford Motor Co. - Key offerings
- Ford Motor Co. - Segment focus
12.8 GreenPower Motor Co. Inc.
- GreenPower Motor Co. Inc. - Overview
- GreenPower Motor Co. Inc. - Product / Service
- GreenPower Motor Co. Inc. - Key offerings
12.9 JCBLGroup
- JCBLGroup - Overview
- JCBLGroup - Product / Service
- JCBLGroup - Key offerings
12.10 Mahindra and Mahindra Ltd.
- Mahindra and Mahindra Ltd. - Overview
- Mahindra and Mahindra Ltd. - Business segments
- Mahindra and Mahindra Ltd. - Key news
- Mahindra and Mahindra Ltd. - Key offerings
- Mahindra and Mahindra Ltd. - Segment focus
12.11 REV Group Inc.
- REV Group Inc. - Overview
- REV Group Inc. - Business segments
- REV Group Inc. - Key offerings
- REV Group Inc. - Segment focus
12.12 Porsche Automobil Holding SE
- Porsche Automobil Holding SE - Overview
- Porsche Automobil Holding SE - Business segments
- Porsche Automobil Holding SE - Key news
- Porsche Automobil Holding SE - Key offerings
- Porsche Automobil Holding SE - Segment focus
12.13 Tata Motors Ltd.
- Tata Motors Ltd. - Overview
- Tata Motors Ltd. - Business segments
- Tata Motors Ltd. - Key news
- Tata Motors Ltd. - Key offerings
- Tata Motors Ltd. - Segment focus
12.14 The Lion Electric Co.
- The Lion Electric Co. - Overview
- The Lion Electric Co. - Product / Service
- The Lion Electric Co. - Key offerings
12.15 Trans Tech Bus
- Trans Tech Bus - Overview
- Trans Tech Bus - Product / Service
- Trans Tech Bus - Key offerings
12.16 Traton SE
- Traton SE - Overview
- Traton SE - Business segments
- Traton SE - Key offerings
- Traton SE - Segment focus
12.17 Van Con Inc.
- Van Con Inc. - Overview
- Van Con Inc. - Product / Service
- Van Con Inc. - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
13.3 Currency conversion rates for US$
- Currency conversion rates for US$
13.4 Research methodology
- Research methodology
13.5 Data procurement
- Information sources
13.6 Data validation
- Data validation
13.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
13.8 Data synthesis
- Data synthesis
- 360 degree market analysis
- 360 degree market analysis
13.10 List of abbreviations
- List of abbreviations