United States bus market size is projected to exhibit a growth rate (CAGR) of 5.20% during 2024-2032. The increasing popularity of sustainable and eco-friendly transportation solutions, along with the growing focus on passenger comfort, is primarily driving the market growth.
Report Attribute
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Key Statistics
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Base Year
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2023 |
Forecast Years
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2024-2032
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Historical Years
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2018-2023
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Market Growth Rate (2024-2032) | 5.20% |
A bus is a mode of transportation intended for conveying people, goods, or data from one location to another. Available in diverse sizes and configurations such as city buses, double-deckers, minibuses, and articulated buses, each is tailored to cater to distinct passenger capacities and cargo requirements. Incorporating advanced technologies like global positioning system (GPS) navigation, hybrid or electric propulsion systems, and passenger connectivity options, buses prioritize safety, efficiency, and an enhanced passenger experience. Their role extends to mitigating traffic congestion, thereby reducing the time individuals spend in traffic and alleviating the corresponding adverse environmental effects.
The United States bus market is a diverse and dynamic sector encompassing various types of vehicles designed to transport people and goods efficiently across different terrains. This market includes city buses, double-deckers, minibuses, and articulated buses, each tailored to meet specific passenger capacities and cargo demands. Additionally, in the United States, buses are not merely utilitarian vehicles; they are integrated with cutting-edge technologies to enhance safety, efficiency, and the overall passenger experience, thereby acting as another significant growth-inducing factor. Besides this, features like global positioning system (GPS) navigation, hybrid or electric propulsion systems, and connectivity options contribute to the modernization of the bus fleet, which is positively influencing the regional market. Moreover, one significant role of buses in the U.S. is their contribution to alleviating traffic congestion, offering a practical solution to reduce commuting times and associated environmental impacts. Apart from this, as cities focus on sustainable and efficient public transportation systems, the demand for advanced buses equipped with eco-friendly technologies is on the rise. The United States bus market is poised for continued growth that will reflect a commitment to innovative transportation solutions that address both the mobility needs of the population and the broader environmental challenges associated with urban transit in the coming years.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on type, fuel type, seat capacity, and application.
Type Insights:
The report has provided a detailed breakup and analysis of the market based on the type. This includes single deck and double deck.
Fuel Type Insights:
A detailed breakup and analysis of the market based on the fuel type have also been provided in the report. This includes diesel, electric and hybrid, and others.
Seat Capacity Insights:
The report has provided a detailed breakup and analysis of the market based on the seat capacity. This includes 15-30 seats, 31-50 seats, and more than 50 seats.
Application Insights:
A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes transit bus, intercity/coaches, and others.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include Northeast, Midwest, South, and West.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the key players include:
(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)
Report Features | Details |
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Base Year of the Analysis | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Units | US$ Billion |
Scope of the Report | Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:
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Types Covered | Single Deck, Double Deck |
Fuel Types Covered | Diesel, Electric and Hybrid, Others |
Seat Capacities Covered | 15-30 Seats, 31-50 Seats, More Than 50 Seats |
Applications Covered | Transit Bus, Intercity/Coaches, Others |
Regions Covered | Northeast, Midwest, South, West |
Companies Covered | AB Volvo, Blue Bird Corporation, BYD Co. Ltd., Gillig LLC, GreenPower Motor Company Inc., NFI Group Inc., The Lion Electric Company, etc. (Please note that this is only a partial list of the key players, and the complete list is provided in the report.) |
Customization Scope | 10% Free Customization |
Report Price and Purchase Option | Single User License: US$ 3699 Five User License: US$ 4699 Corporate License: US$ 5699 |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |