1. Market Research
  2. > Automotive
  3. > Motor Vehicle
  4. > Commercial Vehicle Market Trends
Global School Bus Market Analysis, Forecast to 2025

Global School Bus Market Analysis, Forecast to 2025

  • February 2019
  • 97 pages
  • ID: 5749225
  • Format: PDF
  • By Frost & Sullivan

Summary

Table of Contents

School Bus Market is Poised to Reach 109,000 Units Globally by 2025, Driven by the Demand for Safe Transport of Children; Supporting Telematics Services will also see a Surge in Adoption
The demand for school buses globally is expected to grow steadily despite rising oil and commodity prices. Total school bus shipments, estimated at about 92,561 units in 2017, are expected to increase to 109,575 units in 2025, reflecting a compound annual growth rate (CAGR) of 2.1%. North America is the largest contributor to the global school bus market, accounting for a ~48% share in 2017. China and the Middle East are expected to be the fastest growing markets.

New environmental and safety regulations expected in the near term will drive market growth in China and the Middle East.Diesel engines will propel a greater number of school buses.

Given growing environmental concerns triggered by increasing vehicle emissions, eBus sales will gain momentum by 2020.Battery electric vehicles (BEVs) will have a major share by then, followed by fuel cell electric vehicles (FCEVs) and plug-in hybrid vehicles (PHEVs).

However, FCEVs are foreseen as the preferred powertrain in the long term due to their light weight and almost twice the efficiency of traditional internal combustion engines (ICEs).Electrification of school buses will be more prominent in North America and China when compared to other regions of the world and will contribute a sizable portion of the overall school bus sales by 2025.

Medium Duty (MD) buses account for about 56% of the total school bus industry volume, followed by Light Duty (LD) buses (~37%) and Heavy Duty (HD) (~7%) buses. Most MD buses are 9 m and 10 m in length, and are preferred owing to their larger seating capacities and operational efficiency. Rising safety standards and increasing vehicular traffic will lead to higher occupancy rates in school buses. School bus safety standards in North America are more advanced than those for any passenger carriers worldwide. Enabling real-time tracking and advanced connected technologies will ensure that school buses are a preferred mode of transport over economical public transport systems.

The key feature differentiating a school bus from other vehicles is the importance given to safety and security of children.North America has comprehensive safety guidelines and regulations, which include school bus design parameters, driver training and monitoring programmes and laws on student protection, all of which have made school buses the safest vehicles on road.

Other regions however have a reactive approach to safety and are trying to emulate the North American model.This will be aided by the growth in telematics solutions as well.

Strong push by the governments in China, India and the Middle East towards regularising and standardising the school bus will be key to the market growth and to challenge the dominance of North America.

Author: Vineeth Purushotham

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Veronica helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
Electronic Logging Device Market by Component, Form factor, New & Aftermarket Service, Vehicle Type And Region - Global Forecast to 2025

Electronic Logging Device Market by Component, Form factor, New & Aftermarket Service, Vehicle Type And Region - Global Forecast to 2025

  • $ 5650
  • March 2019

Increasing demand for fleet management and its operational efficiency is expected to drive the market for electronic logging deviceThe electronic logging device market is estimated to be USD 12.5 billion ...

China Bus Industry Report, 2019-2025

China Bus Industry Report, 2019-2025

  • $ 2500
  • June 2019

China as the world’s largest bus manufacturer supplies nearly 50% buses in global market. In 2018, the country manufactured 489,000 buses, 7.0% less than in the previous year. China’s bus industry ...

Global School Bus Market 2019-2023

Global School Bus Market 2019-2023

  • $ 2500
  • May 2019

About this marketThe 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 ...


ref:plp2019

Reportlinker.com © Copyright 2019. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on