Australia Bus Market Size, Share and Growth Analysis Report - Forecast Trends and Outlook (2025-2034)
Description
Australia Bus Market Report and Forecast 2025-2034
Market Outlook
According to the report by Expert Market Research (EMR), the Australia bus market size reached around USD 173.20 million in 2024. Aided by the growing demand for sustainable transportation, advancements in vehicle technology, and the government's focus on public transport infrastructure, the market is projected to grow at a CAGR of 7.5% between 2025 and 2034 to attain nearly USD 357.61 million by 2034.
Buses are an essential mode of transport for millions of Australians, serving both urban and rural communities. As the country continues to focus on reducing its carbon footprint and improving public transport systems, the demand for buses, including electric and hybrid models, is expected to rise. This growth is supported by continued investments in infrastructure and a focus on improving connectivity between cities and regions.
In recent years, the Australian government has placed significant emphasis on upgrading and expanding public transportation networks. These investments, including both federal and state-level initiatives, have created a robust environment for the growth of the Australia bus market. Projects aimed at improving urban mobility, such as dedicated bus lanes, public-private partnerships, and expanded routes, continue to support the demand for buses. Additionally, the commitment to enhancing rural and regional transport systems is leading to a broader deployment of buses across Australia, ensuring that public transportation remains a viable and sustainable mode of travel for all demographics. The government's focus on sustainability, along with its investment in the electrification of public transport fleets, is driving the market toward greener transportation solutions.
As per the Australia bus market analysis, environmental concerns, coupled with government initiatives to meet carbon reduction targets, have spurred the demand for eco-friendly public transport solutions in Australia. Buses are central to this shift, particularly with the growing adoption of electric and hybrid models. These buses not only offer lower emissions compared to traditional diesel-powered vehicles but also contribute to the overall improvement of air quality in urban areas.
The push for electric buses (e-buses) is expected to be one of the key factors driving the Australia bus market expansion during the forecast period. As of 2022, several Australian cities have already started integrating electric buses into their fleets, and the transition is expected to accelerate, driven by technological advancements, better charging infrastructure, and increased government support. With environmental sustainability becoming a priority for both consumers and regulators, this trend is expected to significantly boost the market.
Australia's urbanisation has increased the demand for efficient, reliable, and convenient public transport systems. Major cities such as Sydney, Melbourne, and Brisbane are seeing rapid population growth, leading to congestion on roads and increased demand for public transport options. Buses, due to their flexibility and cost-effectiveness, remain a popular mode of transport in urban areas. This is one of the key Australia bus market trends.
In particular, buses offer a viable solution to alleviate congestion and improve the overall efficiency of public transport networks. Smart bus services equipped with real-time tracking, mobile applications for ticketing, and route optimisation are gaining popularity, offering a more streamlined and attractive alternative to private car use. The growing emphasis on seamless, integrated public transport systems across Australian cities is expected to further drive the Australia bus market development.
Technological innovations in bus design and manufacturing are playing an essential role in transforming the Australia bus market landscape. The introduction of smart technologies, such as automated bus systems, telematics, and advanced driver assistance systems (ADAS), is improving operational efficiency and safety. These innovations not only enhance the passenger experience but also enable better fleet management for bus operators. Furthermore, advancements in fuel-efficient engines and alternative propulsion technologies, such as compressed natural gas (CNG) and hydrogen fuel cells, are contributing to a more diverse and environmentally friendly bus fleet. The integration of digital technologies in buses also supports better customer engagement, with features such as Wi-Fi connectivity, USB charging points, and improved accessibility for disabled passengers.
Australia's tourism sector continues to grow, with both international and domestic tourists increasingly opting for bus travel as a means to explore the country. Bus travel provides a convenient and cost-effective way for tourists to visit various attractions, particularly in regions that are not as accessible by other forms of public transport. Tour operators offering scenic bus tours across Australia are expanding their services to meet the growing demand. Regional and intercity buses are crucial for supporting tourism, and as the sector continues to thrive, the need for buses to accommodate this demand will increase. With improved transportation connectivity, regional towns and cities can benefit from better access to major tourist destinations, contributing to the Australia bus market expansion.
Despite the promising growth outlook, the Australia bus market does face certain challenges. One of the primary hurdles is the high upfront cost associated with purchasing electric and hybrid buses. Although these vehicles offer long-term savings through lower fuel consumption and maintenance costs, the initial investment required can be a barrier for many public transport authorities, especially in regional or rural areas. In addition, the development of the necessary charging infrastructure for electric buses remains a challenge in some parts of the country. Furthermore, the rapid growth of urban areas and increasing population densities have placed additional pressure on existing bus networks, making it difficult to meet the rising demand for efficient and reliable public transport services.
The Australia bus market is poised for continued growth, fuelled by urbanization, sustainability goals, and technological advancements. The shift toward greener, more efficient bus fleets, combined with ongoing government support for public transportation infrastructure, will be crucial in meeting the evolving demands of the Australian population. As Australian cities continue to focus on enhancing connectivity, reducing emissions, and improving the overall public transport experience, the bus market is expected to play an essential role in shaping the future of urban mobility.
In conclusion, the Australia bus market is undergoing significant transformation, driven by factors such as technological innovation, environmental sustainability, and increasing demand for efficient public transport systems. With a strong emphasis on reducing carbon emissions, improving safety, and meeting the needs of a growing population, the market is positioned for continued growth over the next several years.
Market Segmentation
The market can be divided based on type, seat capacity, length, fuel type, application, and region.
Market Breakup by Type
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the Australia bus market. Some of the major players explored in the report by Expert Market Research are as follows:
Acquire unparalleled access to critical industry insights with our comprehensive market research reports, meticulously prepared by a team of seasoned experts. These reports are designed to equip decision-makers with an in-depth understanding of prevailing market trends, competitive landscapes, and growth opportunities.
Our high-quality, data-driven analysis provides the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today's competitive market.
Don't miss the opportunity to elevate your business intelligence and strengthen your strategic planning. Secure your organisation's future success by acquiring one of our Expert Market Research reports today.
*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
Market Outlook
According to the report by Expert Market Research (EMR), the Australia bus market size reached around USD 173.20 million in 2024. Aided by the growing demand for sustainable transportation, advancements in vehicle technology, and the government's focus on public transport infrastructure, the market is projected to grow at a CAGR of 7.5% between 2025 and 2034 to attain nearly USD 357.61 million by 2034.
Buses are an essential mode of transport for millions of Australians, serving both urban and rural communities. As the country continues to focus on reducing its carbon footprint and improving public transport systems, the demand for buses, including electric and hybrid models, is expected to rise. This growth is supported by continued investments in infrastructure and a focus on improving connectivity between cities and regions.
In recent years, the Australian government has placed significant emphasis on upgrading and expanding public transportation networks. These investments, including both federal and state-level initiatives, have created a robust environment for the growth of the Australia bus market. Projects aimed at improving urban mobility, such as dedicated bus lanes, public-private partnerships, and expanded routes, continue to support the demand for buses. Additionally, the commitment to enhancing rural and regional transport systems is leading to a broader deployment of buses across Australia, ensuring that public transportation remains a viable and sustainable mode of travel for all demographics. The government's focus on sustainability, along with its investment in the electrification of public transport fleets, is driving the market toward greener transportation solutions.
As per the Australia bus market analysis, environmental concerns, coupled with government initiatives to meet carbon reduction targets, have spurred the demand for eco-friendly public transport solutions in Australia. Buses are central to this shift, particularly with the growing adoption of electric and hybrid models. These buses not only offer lower emissions compared to traditional diesel-powered vehicles but also contribute to the overall improvement of air quality in urban areas.
The push for electric buses (e-buses) is expected to be one of the key factors driving the Australia bus market expansion during the forecast period. As of 2022, several Australian cities have already started integrating electric buses into their fleets, and the transition is expected to accelerate, driven by technological advancements, better charging infrastructure, and increased government support. With environmental sustainability becoming a priority for both consumers and regulators, this trend is expected to significantly boost the market.
Australia's urbanisation has increased the demand for efficient, reliable, and convenient public transport systems. Major cities such as Sydney, Melbourne, and Brisbane are seeing rapid population growth, leading to congestion on roads and increased demand for public transport options. Buses, due to their flexibility and cost-effectiveness, remain a popular mode of transport in urban areas. This is one of the key Australia bus market trends.
In particular, buses offer a viable solution to alleviate congestion and improve the overall efficiency of public transport networks. Smart bus services equipped with real-time tracking, mobile applications for ticketing, and route optimisation are gaining popularity, offering a more streamlined and attractive alternative to private car use. The growing emphasis on seamless, integrated public transport systems across Australian cities is expected to further drive the Australia bus market development.
Technological innovations in bus design and manufacturing are playing an essential role in transforming the Australia bus market landscape. The introduction of smart technologies, such as automated bus systems, telematics, and advanced driver assistance systems (ADAS), is improving operational efficiency and safety. These innovations not only enhance the passenger experience but also enable better fleet management for bus operators. Furthermore, advancements in fuel-efficient engines and alternative propulsion technologies, such as compressed natural gas (CNG) and hydrogen fuel cells, are contributing to a more diverse and environmentally friendly bus fleet. The integration of digital technologies in buses also supports better customer engagement, with features such as Wi-Fi connectivity, USB charging points, and improved accessibility for disabled passengers.
Australia's tourism sector continues to grow, with both international and domestic tourists increasingly opting for bus travel as a means to explore the country. Bus travel provides a convenient and cost-effective way for tourists to visit various attractions, particularly in regions that are not as accessible by other forms of public transport. Tour operators offering scenic bus tours across Australia are expanding their services to meet the growing demand. Regional and intercity buses are crucial for supporting tourism, and as the sector continues to thrive, the need for buses to accommodate this demand will increase. With improved transportation connectivity, regional towns and cities can benefit from better access to major tourist destinations, contributing to the Australia bus market expansion.
Despite the promising growth outlook, the Australia bus market does face certain challenges. One of the primary hurdles is the high upfront cost associated with purchasing electric and hybrid buses. Although these vehicles offer long-term savings through lower fuel consumption and maintenance costs, the initial investment required can be a barrier for many public transport authorities, especially in regional or rural areas. In addition, the development of the necessary charging infrastructure for electric buses remains a challenge in some parts of the country. Furthermore, the rapid growth of urban areas and increasing population densities have placed additional pressure on existing bus networks, making it difficult to meet the rising demand for efficient and reliable public transport services.
The Australia bus market is poised for continued growth, fuelled by urbanization, sustainability goals, and technological advancements. The shift toward greener, more efficient bus fleets, combined with ongoing government support for public transportation infrastructure, will be crucial in meeting the evolving demands of the Australian population. As Australian cities continue to focus on enhancing connectivity, reducing emissions, and improving the overall public transport experience, the bus market is expected to play an essential role in shaping the future of urban mobility.
In conclusion, the Australia bus market is undergoing significant transformation, driven by factors such as technological innovation, environmental sustainability, and increasing demand for efficient public transport systems. With a strong emphasis on reducing carbon emissions, improving safety, and meeting the needs of a growing population, the market is positioned for continued growth over the next several years.
Market Segmentation
The market can be divided based on type, seat capacity, length, fuel type, application, and region.
Market Breakup by Type
- Single Deck
- Double Deck
- 15-30 Seats
- 31-50 Seats
- More than 50 Seats
- Up to 9 Meters
- 9 Meters - 12 Meters
- More Than 12 Meters
- Battery Electric
- Diesel
- Fuel Cell Electric
- Plug-in Hybrid
- Intercity Bus/Motorcoaches
- School Bus
- Transit Bus
- Others
- New South Wales
- Victoria
- Queensland
- Australian Capital Territory
- Western Australia
- Others
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the Australia bus market. Some of the major players explored in the report by Expert Market Research are as follows:
- Grenda Corporation
- Pryor Family Group of Companies
- Custom Bus Group Pty Ltd.
- Nexport Pty Ltd.
- BusTech Pty Ltd.
- Cathro & Partners Pty Ltd.
- Man Truck & Bus Australia
- BLK Auto Pty Ltd.
- I-Bus Australia
- Others
Acquire unparalleled access to critical industry insights with our comprehensive market research reports, meticulously prepared by a team of seasoned experts. These reports are designed to equip decision-makers with an in-depth understanding of prevailing market trends, competitive landscapes, and growth opportunities.
Our high-quality, data-driven analysis provides the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today's competitive market.
Don't miss the opportunity to elevate your business intelligence and strengthen your strategic planning. Secure your organisation's future success by acquiring one of our Expert Market Research reports today.
*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
Table of Contents
149 Pages
- 1 Executive Summary
- 1.1 Market Size 224-225
- 1.2 Market Growth 225(F)-234(F)
- 1.3 Key Demand Drivers
- 1.4 Key Players and Competitive Structure
- 1.5 Industry Best Practices
- 1.6 Recent Trends and Developments
- 1.7 Industry Outlook
- 2 Market Overview and Stakeholder Insights
- 2.1 Market Trends
- 2.2 Key Verticals
- 2.3 Key Regions
- 2.4 Supplier Power
- 2.5 Buyer Power
- 2.6 Key Market Opportunities and Risks
- 2.7 Key Initiatives by Stakeholders
- 3 Economic Summary
- 3.1 GDP Outlook
- 3.2 GDP Per Capita Growth
- 3.3 Inflation Trends
- 3.4 Democracy Index
- 3.5 Gross Public Debt Ratios
- 3.6 Balance of Payment (BoP) Position
- 3.7 Population Outlook
- 3.8 Urbanisation Trends
- 4 Country Risk Profiles
- 4.1 Country Risk
- 4.2 Business Climate
- 5 Australia Bus Market Overview
- 5.1 Key Industry Highlights
- 5.2 Australia Bus Historical Market (218-224)
- 5.3 Australia Bus Market Forecast (225-234)
- 6 Australia Bus Market by Type
- 6.1 Single Deck
- 6.1.1 Historical Trend (218-224)
- 6.1.2 Forecast Trend (225-234)
- 6.2 Double Deck
- 6.2.1 Historical Trend (218-224)
- 6.2.2 Forecast Trend (225-234)
- 7 Australia Bus Market by Seat Capacity
- 7.1 15-3 Seats
- 7.1.1 Historical Trend (218-224)
- 7.1.2 Forecast Trend (225-234)
- 7.2 31-5 Seats
- 7.2.1 Historical Trend (218-224)
- 7.2.2 Forecast Trend (225-234)
- 7.3 More than 5 Seats
- 7.3.1 Historical Trend (218-224)
- 7.3.2 Forecast Trend (225-234)
- 8 Australia Bus Market by Length
- 8.1 Up to 9 Meters
- 8.1.1 Historical Trend (218-224)
- 8.1.2 Forecast Trend (225-234)
- 8.2 9 Meters - 12 Meters
- 8.2.1 Historical Trend (218-224)
- 8.2.2 Forecast Trend (225-234)
- 8.3 More Than 12 Meters
- 8.3.1 Historical Trend (218-224)
- 8.3.2 Forecast Trend (225-234)
- 9 Australia Bus Market by Fuel Type
- 9.1 Battery Electric
- 9.1.1 Historical Trend (218-224)
- 9.1.2 Forecast Trend (225-234)
- 9.2 Diesel
- 9.2.1 Historical Trend (218-224)
- 9.2.2 Forecast Trend (225-234)
- 9.3 Fuel Cell Electric
- 9.3.1 Historical Trend (218-224)
- 9.3.2 Forecast Trend (225-234)
- 9.4 Plug-in Hybrid
- 9.4.1 Historical Trend (218-224)
- 9.4.2 Forecast Trend (225-234)
- 1 Australia Bus Market by Application
- 1.1 Intercity Bus/Motorcoaches
- 1.1.1 Historical Trend (218-2024)
- 1.1.2 Forecast Trend (225-2034)
- 1.2 School Bus
- 1.2.1 Historical Trend (218-2024)
- 1.2.2 Forecast Trend (225-2034)
- 1.3 Transit Bus
- 1.3.1 Historical Trend (218-2024)
- 1.3.2 Forecast Trend (225-2034)
- 1.4 Others
- 11 Australia Bus Market by Region
- 11.1 New South Wales
- 11.1.1 Historical Trend (218-224)
- 11.1.2 Forecast Trend (225-234)
- 11.2 Victoria
- 11.2.1 Historical Trend (218-224)
- 11.2.2 Forecast Trend (225-234)
- 11.3 Queensland
- 11.3.1 Historical Trend (218-224)
- 11.3.2 Forecast Trend (225-234)
- 11.4 Australian Capital Territory
- 11.4.1 Historical Trend (218-224)
- 11.4.2 Forecast Trend (225-234)
- 11.5 Western Australia
- 11.5.1 Historical Trend (218-224)
- 11.5.2 Forecast Trend (225-234)
- 11.6 Others
- 12 Market Dynamics
- 12.1 SWOT Analysis
- 12.1.1 Strengths
- 12.1.2 Weaknesses
- 12.1.3 Opportunities
- 12.1.4 Threats
- 12.2 Porter’s Five Forces Analysis
- 12.2.1 Supplier’s Power
- 12.2.2 Buyer’s Power
- 12.2.3 Threat of New Entrants
- 12.2.4 Degree of Rivalry
- 12.2.5 Threat of Substitutes
- 12.3 Key Indicators for Demand
- 12.4 Key Indicators for Price
- 13 Competitive Landscape
- 13.1 Supplier Selection
- 13.2 Key Global Players
- 13.3 Key Regional Players
- 13.4 Key Player Strategies
- 13.5 Company Profiles
- 13.5.1 Grenda Corporation
- 13.5.1.1 Company Overview
- 13.5.1.2 Product Portfolio
- 13.5.1.3 Demographic Reach and Achievements
- 13.5.1.4 Certifications
- 13.5.2 Pryor Family Group of Companies
- 13.5.2.1 Company Overview
- 13.5.2.2 Product Portfolio
- 13.5.2.3 Demographic Reach and Achievements
- 13.5.2.4 Certifications
- 13.5.3 Custom Bus Group Pty Ltd.
- 13.5.3.1 Company Overview
- 13.5.3.2 Product Portfolio
- 13.5.3.3 Demographic Reach and Achievements
- 13.5.3.4 Certifications
- 13.5.4 Nexport Pty Ltd.
- 13.5.4.1 Company Overview
- 13.5.4.2 Product Portfolio
- 13.5.4.3 Demographic Reach and Achievements
- 13.5.4.4 Certifications
- 13.5.5 BusTech Pty Ltd.
- 13.5.5.1 Company Overview
- 13.5.5.2 Product Portfolio
- 13.5.5.3 Demographic Reach and Achievements
- 13.5.5.4 Certifications
- 13.5.6 Cathro & Partners Pty Ltd.
- 13.5.6.1 Company Overview
- 13.5.6.2 Product Portfolio
- 13.5.6.3 Demographic Reach and Achievements
- 13.5.6.4 Certifications
- 13.5.7 Man Truck & Bus Australia
- 13.5.7.1 Company Overview
- 13.5.7.2 Product Portfolio
- 13.5.7.3 Demographic Reach and Achievements
- 13.5.7.4 Certifications
- 13.5.8 BLK Auto Pty Ltd.
- 13.5.8.1 Company Overview
- 13.5.8.2 Product Portfolio
- 13.5.8.3 Demographic Reach and Achievements
- 13.5.8.4 Certifications
- 13.5.9 I-Bus Australia
- 13.5.9.1 Company Overview
- 13.5.9.2 Product Portfolio
- 13.5.9.3 Demographic Reach and Achievements
- 13.5.9.4 Certifications
- 13.5.1 Others
Pricing
Currency Rates
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