News on U.S. government agencies, U.S. politics, companies doing business with U.S. federal government. Read U.S. national and local news. This site is not affiliated with United States Government.
Press release distribution service
Home : U.S. Government News Search Engine                          

Home > U.S. Government News > Marketplace :
Home: United State Government News
Home | News | Submit Press Release |

Bus Market is expected to Reach USD 26.18 billion by 2029 at a CAGR of 7.1 percent

(USGovernment-News.Com, September 10, 2023 ) As per Maximize Market research, the Bus Market was USD 16.2 billion in 2022 and is expected to grow at a CAGR of 7.1 percent over the forecast period to reach USD 26.18 billion by 2029.

Bus Market Report Scope and Research Methodology

The report's scope covers market overview, segmentation, competitive analysis, and future outlook, and data sources. The Bus Market Report assesses market size, trends, and key players in the bus industry. Research methodology includes data collection through primary and secondary sources, data analysis, expert interviews, and market forecasting.

Request For Free Sample Report :

Bus Market Dynamics

The investments in the bus infrastructure such as bus depots, terminals, and charging stations are increasing, which is driving the growth of the market. Compared to rail investment, the improvement of bus-based public transport has been considered a more cost-effective option.

Bus Market Regional Insights

Asia Pacific region dominated the market in the year 2022 as China is the largest market majorly driven by its large population. India is another country holding a major share of the Bus market.

Request For Free Sample Report :

Bus Market Segmentation

By Type

Transit Bus

School Bus

Coach/Intercity Bus

Shuttle Bus

Mini Bus

By Seating Capacity

Small Bus (Up to 15 passengers)

Medium Bus (16 to 35 passengers)

Large Bus (36 + passengers)

By Fuel Type



Natural Gas



By Application

Urban Transit

School Transportation

Tourism and Charter

Employee Transportation


Hotel Shuttle

By Distribution Channel

Domestic Market

International Market

By Sales Channel



Request For Free Sample Report :

Bus Key Competitors include

Anhui Ankai Automobile Co. Ltd

BYD Company Limited

Alexander Dennis Limited (ADL)

King Long United Automotive Industry Co. Ltd.

Zhengzhou Yutong Group Co. Ltd

Maximize Market Research is leading Automotive and Transportation research firm, has also published the following reports:

Solar Bus Market - The market size is expected to reach USD 15.16 Bn by 2029 at a CAGR of 21.855 percent during the forecast period.

Semi autonomous and Autonomous Bus Market - The Market size is expected to reach a Volume of 994094 Units by 2029 at a CAGR of 24.3 percent during the forecast period.

About Maximize Market Research:

Maximize Market Research provides B2B and B2C research on 6,500 high-growth emerging opportunities and technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics and communications, Internet of Things, Food and Beverages, Aerospace and defense, and other manufacturing sectors.


Dnyaneshwari Yevale


Source: EmailWire.Com


U.S. Governement News: Politics
  • Presidential Elections
  • Democrates
  • Congress
  • House of Representatives
  • President Obama
  • Republican Party
  • Mitt Romney
  • U.S. Senate
  • U.S. Military
  • U.S. Politics
  • Politics Video Feeds

    U.S. Government Resource Center
    We are pleased to offer you this exciting, new, and entirely free professional resource. Visit our Free Industry resource center today to browse our selection of 600+ complimentary Industry magazines, white papers, webinars, podcasts, and more. Get popular titles including:

    Point of Beginning
    Overall Labor Effectiveness (OLE) Achieving a Highly Effective Workforce

    No credit cards, coupons, or promo codes required. Try it today!

    USGovernment-News.Com is a news service of GroupWeb Media LLC