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Public School Bus Services in the US - Industry Market Research Report

  • July 2017
  • 35 pages
  • Ibisworld
Report ID: 198966

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Rerouted: Expansion of services will keep industry revenue afloat

Abstract

Public School Bus Services in the US

The Public School Bus Services industry is projected to grow over the five years to 2017. Accelerating economic expansion has eased some pressure on state budgets and enabled moderate revenue growth over the period. The industry’s short-term future over the five years to 2022 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. Factors complicating performance are forecasting increases in the world price of crude oil, a key input, that operators must try to price into their contracts.

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.

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