Global School Bus Market 2021-2025

Global School Bus Market 2021-2025

Technavio has been monitoring the school bus market and it is poised to grow by $ 848.47 mn during 2021-2025, progressing at a CAGR of 3.68% during the forecast period. Our report on the school bus market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by increase in the number of school enrollments and growing Interest toward electric vehicles. In addition, increase in the number of school enrollments is anticipated to boost the growth of the market as well.

The school bus market analysis includes the powertrain segment and geographic landscape.

Technavio's school bus market is segmented as below:

By Powertrain

• ICE-powered
• Electric

By Geographical Landscape

• North America
• APAC
• Europe
• MEA
• South America

This study identifies the advantages of school buses over other modes of transportationas one of the prime reasons driving the school bus market growth during the next few years.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on school bus market covers the following areas:

• School bus market sizing
• School bus market forecast
• School bus market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading school bus market vendors that include Ashok Leyland Ltd., Blue Bird Corp., Daimler AG, Ford Motor Co., Forest River Inc., JCBL Ltd., Mahindra & Mahindra Ltd., Navistar International Corp., REV Group Inc., and Tata Motors Ltd. Also, the school bus market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Companies Mentioned

Ashok Leyland Ltd., Blue Bird Corp., Daimler AG, Ford Motor Co., Forest River Inc., JCBL Ltd., Mahindra & Mahindra Ltd., Navistar International Corp., REV Group Inc., Tata Motors Ltd.