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Global School Bus Market 2019-2023

Global School Bus Market 2019-2023

About this market

The advantages of school buses over other modes of transportation is one of the critical factors that will trigger the growth of the market during the forecast period. School buses are built explicitly with the focus of providing safe transportation to school going children. Hence, these buses are fitted with the best safety equipment to secure onboard kids. School buses are designed with a primary focus on safety; therefore, they are provided with protective seating, high crush standards, and rollover protection features. Also, they are also fitted with large windows to increase visibility and comprise some other features such as flashing red lights. cross-view mirrors, and stop-sign arms. Such enhanced safety features of school buses make them the preferred choice for the transportation of students, which will enhance the growth of the global school bus market during the forecast period. Technavio’s analysts have predicted that the school bus market will register a CAGR of over 2% by 2023.

Market Overview

Government initiatives for promoting electric buses

The need for reducing emissions has increased the demand for alternative fuels for public transport. The decline in battery prices supports the adoption of electric school buses by governments. The increasing penetration of electric vehicles in the commercial vehicle segment has attracted the school bus segment, which is driving the global school bus market during the forecast period.

Adoption of new or improvised emission standards

One of the major factors hindering the growth of the global school bus market is the adoption of new and improved emission norms. This provides a significant challenge in developing economies such as a few countries APAC and the MEA, which are still highly dependent on diesel and gasoline-powered school buses. In most of the major school bus regional markets, the introduction of Euro VI emission standard and its country-wise equivalents are expected to be implemented during the forecast period. New or advanced technology additions in school buses result in their price hikes, which harm the growth of the global school bus market.

For the detailed list of factors that will drive and challenge the growth of the school bus market during 2019-2023, view our report.

Competitive Landscape

The market appears to be moderately fragmented. The presence of several companies, including Ashok Leyland Ltd. and Blue Bird Corp., the competitive environment is quite intense. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies. Daimler AG, REV Group Inc., and Tata Motors Ltd. are some of the major companies covered in this report.


Companies Mentioned

Ashok Leyland Ltd.

Blue Bird Corp.

Daimler AG

REV Group Inc.

Tata Motors Ltd.

  • Executive summary
  • Scope of the report
    • Preface
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global automotive market
      • Table Segments of global automotive market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 (units)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Customer landscape
    • Table Customer landscape
  • Market segmentation by powertrain
    • Table Powertrain - Market share 2018-2023 (%)
    • Comparison by powertrain
      • Table Comparison by powertrain
    • ICE-powered - Market size and forecast 2018-2023
      • Table ICE-powered - Market size and forecast 2018-2023 (units)
      • Table ICE-powered - Year-over-year growth 2019-2023 (%)
    • Electric - Market size and forecast 2018-2023
      • Table Electric - Market size and forecast 2018-2023 (units)
      • Table Electric - Year-over-year growth 2019-2023 (%)
    • Market opportunity by powertrain
      • Table Market opportunity by powertrain
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • North America - Market size and forecast 2018-2023
      • Table North America - Market size and forecast 2018-2023 (units)
      • Table North America - Year-over-year growth 2019-2023 (%)
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 (units)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • Europe - Market size and forecast 2018-2023
      • Table Europe - Market size and forecast 2018-2023 (units)
      • Table Europe - Year-over-year growth 2019-2023 (%)
    • MEA - Market size and forecast 2018-2023
      • Table MEA - Market size and forecast 2018-2023 (units)
      • Table MEA - Year-over-year growth 2019-2023 (%)
    • South America - Market size and forecast 2018-2023
      • Table South America - Market size and forecast 2018-2023 (units)
      • Table South America - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Global crude oil prices 2007-2017 ($/bbl)
      • Table Impact of drivers and challenges
  • Market trends
    • Shift toward electric bus manufacturing by OEMs
    • Technological innovations
    • Retrofitted electric buses
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Ashok Leyland Ltd.
      • Table Ashok Leyland Ltd. - Vendor overview
      • Table Ashok Leyland Ltd. - Business segments
      • Table Ashok Leyland Ltd. - Organizational developments
      • Table Ashok Leyland Ltd. - Geographic focus
      • Table Ashok Leyland Ltd. - Segment focus
      • Table Ashok Leyland Ltd. - Key offerings
    • Blue Bird Corp.
      • Table Blue Bird Corp. - Vendor overview
      • Table Blue Bird Corp. - Business segments
      • Table Blue Bird Corp. - Organizational developments
      • Table Blue Bird Corp. - Geographic focus
      • Table Blue Bird Corp. - Segment focus
      • Table Blue Bird Corp. - Key offerings
    • Daimler AG
      • Table Daimler AG - Vendor overview
      • Table Daimler AG - Business segments
      • Table Daimler AG - Organizational developments
      • Table Daimler AG - Geographic focus
      • Table Daimler AG - Segment focus
      • Table Daimler AG - Key offerings
    • REV Group Inc.
      • Table REV Group Inc. - Vendor overview
      • Table REV Group Inc. - Business segments
      • Table REV Group Inc. - Organizational developments
      • Table REV Group Inc. - Geographic focus
      • Table REV Group Inc. - Segment focus
      • Table REV Group Inc. - Key offerings
    • Tata Motors Ltd.
      • Table Tata Motors Ltd. - Vendor overview
      • Table Tata Motors Ltd. - Business segments
      • Table Tata Motors Ltd. - Organizational developments
      • Table Tata Motors Ltd. - Geographic focus
      • Table Tata Motors Ltd. - Segment focus
      • Table Tata Motors Ltd. - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
    • Definition of market positioning of vendors
      • Table Definition of market positioning of vendors
  • Explore Technavio

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