Public School Bus Services in the US
The Public School Bus Services industry, which is primarily engaged in transportation of school students and faculty to and from school or other related locations, is projected to grow over five years to 2018, Economic expansion has eased pressure on state budgets and enabled moderate revenue growth during the period. Unremarkable revenue growth resulted in marginal increases in market share concentration, particularly as major operators pursue acquisitions to supplement organic growth. Still, moderate concentration hinders market participation, as evidenced by the decline in enterprises during the period. The industry's short-term future over the five years to 2023 remains unclear. Positive factors pointing to industry growth include steadily improving state budgets and a rising number of elementary and secondary school children nationwide, both of which will increase industry demand.
This industry includes companies that primarily provide bus services to students in grades K-12 and school employees. School buses transport students to and from school, as well as between school events, field trips, camps and other educational events. Companies also provide transportation for school employees to and from work.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.