Global School Bus Market Analysis, Forecast to 2025

Global School Bus Market Analysis, Forecast to 2025

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

RELEASE DATE
21-Feb-2019
REGION
North America
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Market Research
Research Code: K2F0-01-00-00-00
SKU: AU01801-NA-MR_22877
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Description

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

Table of Contents

Executive Summary—Key Findings

Technology Advancements Aiding School Buses

Top Challenges in Adoption of School Buses

Snapshot of Global School Bus Market in 2025

Research Scope

Product and Technology Segmentation

Research Aims and Objectives

Key Questions this Study will Answer

Research Background

Research Methodology

Partial List of Industry Participants

Global School Bus Market—Unit Shipments

Global School Bus Market—Regional Split

Market Scenario Analysis of School Buses

Global School Bus Market—Unit Shipment Forecast by Segment

Global School Bus Market—Regional Split by Technology, 2025

Electric School Bus—Use Case Analysis

North America—School Bus Market: Key Influencing Trends

Overview of Incentives

Emission Regulations

Safety Regulations

Telematics and Connectivity Solutions

North America—Market Scenario Analysis of School Buses

North American School Bus Market Forecast

North America—HD School Bus Market: Powertrain Forecast

North America—MD School Bus Market: Powertrain Forecast

North America—LD School Bus Market: Powertrain Forecast

Market Share of LD-MD-HD School Bus

North America—Partial Matrix of OEM

OEM Profile—Blue Bird Corporation

OEM Profile—IC Bus

OEM Profile—Collins Bus Corporation

Growth Opportunity—Current Offerings and Value-added Services

Strategic Imperatives for Global School Bus Market

Key Conclusions and Future Outlook

The Last Word—3 Big Predictions

Legal Disclaimer

Table of Acronyms Used

Market Engineering Methodology

List of Exhibits

List of Figures
  • 1. Total School Bus Market: Partial List of Industry Participants, Global, 2017
  • 2. Use Case for Electric School Bus, Global, 2017
  • 3. School Bus Market: Incentives, North America, 2017
  • 4. School Bus Market: Fuel Economy and Emission Standards, North America, 2014-2027
  • 5. School Bus Market: OEM Profile, North America, 2017
  • 6. School Bus Market: IC Bus OEM Profile, North America, 2017
  • 7. School Bus Market: Collins Bus OEM Profile, North America, 2017
  • 8. School Bus Market: Purchase Incentive by Chinese Central Government, China, 2017-2018
  • 9. School Bus Market: Emission Standards, China, 2017-2023
  • 10. School Bus Market: Yutong Bus OEM Profile, China, 2017
  • 11. School Bus Market: Shaolin Bus OEM Profile, China, 2017
  • 12. School Bus Market: Incentives, India, 2018
  • 13. School Bus Market: Phase 1 and 2 fuel consumption standards at 40 km/h and 60 km/h, India, 2018- 2030
  • 14. School Bus Market: Tata Motors OEM Profile, India, 2017
  • 15. School Bus Market: Ashok Leyland OEM Profile, India, 2017
  • 16. School Bus Market: Green Initiatives, Middle East, 2018
List of Charts
  • 1. Total School Bus Market: Key Research Findings, Global, 2017-2025
  • 2. Total School Bus Market: Unit Shipment Forecast, Global, 2025
  • 3. Total Bus Market: Segmentation, Global, 2017
  • 4. Total School Bus Market: Key Questions this Study will Answer, Global, 2017-2025
  • 5. Total School Bus Market: Unit Shipments, Global 2017-2025
  • 6. Total School Bus Market: Unit Shipments, Global, 2017 and 2025
  • 7. Total School Bus Market: Market Scenario Analysis, Global, 2017-2025
  • 8. Total School Bus Market: Unit Shipment Forecast Breakdown by Segment, Global, 2017-2025
  • 9. Total School Bus Market: Regional Split by Technology, Global, 2025
  • 10. School Bus Market: Telematics Key Features, North America, 2017
  • 11. School Bus Market: Sales Forecast Scenario Analysis, North America, 2017-2025
  • 12. School Bus Market: Sales by Powertrain, North America, 2017-2025
  • 13. HD School Bus Market: Unit Sales Forecast of Powertrain Adoption, North America, 2017-2025
  • 14. MD School Bus Market: Unit Sales Forecast of Powertrain Adoption, North America, 2017-2025
  • 15. LD School Bus Market: Unit Sales Forecast of Powertrain Adoption, North America, 2017-2025
  • 16. School Bus Market: Market Share by LD, MD and HD Buses, North America, 2017
  • 17. School Bus Market: OEM Overview, North America, 2017-2025
  • 18. School Bus Market: Telematics Key Features, China, 2017-2025
  • 19. School Bus Market: Sales Forecast Scenario Analysis, China, 2017-2025
  • 20. School Bus Market: Sales by Powertrain, China, 2017-2025
  • 21. HD School Bus Market: Unit Sales Forecast of Powertrain Adoption, China, 2017-2025
  • 22. MD School Bus Market: Unit Sales Forecast of Powertrain Adoption, China, 2017-2025
  • 23. LD School Bus Market: Unit Sales Forecast of Powertrain Adoption, China, 2017-2025
  • 24. School Bus Market: Market Share by LD, MD and HD Buses, China, 2017
  • 25. School Bus Market: OEM Overview, China, 2017-2025
  • 26. School Bus Market: Emission Regulation Roadmap, India, 2018
  • 27. School Bus Market: Telematics and Connectivity Solutions, India, 2018
  • 28. School Bus Market: Sales Forecast Scenario Analysis, India, 2017-2025
  • 29. School Bus Market: Sales by Powertrain, India, 2017-2025
  • 30. HD School Bus Market: Unit Sales Forecast of Powertrain Adoption, India, 2017-2025
  • 31. MD School Bus Market: Unit Sales Forecast of Powertrain Adoption, India, 2017-2025
  • 32. LD School Bus Market: Unit Sales Forecast of Powertrain Adoption, India, 2017-2025
  • 33. School Bus Market: OEM Overview, India, 2017-2025
  • 34. School Bus Market: Sales Forecast Scenario Analysis, Middle East, 2017-2025
  • 35. School Bus Market: Sales by Powertrain, Middle East, 2017-2025
  • 36. HD School Bus Market: Unit Sales Forecast of Powertrain Adoption, Middle East, 2017-2025
  • 37. MD School Bus Market: Unit Sales Forecast of Powertrain Adoption, Middle East, 2017-2025
  • 38. LD School Bus Market: Unit Sales Forecast of Powertrain Adoption, Middle East, 2017-2025
  • 39. School Bus Market: OEM Overview, Middle East, 2017-2025
  • 40. Total School Bus Market: Key Conclusions and Future Outlook, Global, 2025
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
More Information
Deliverable Type Market Research
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Table of Contents | Executive Summary~ || Executive Summary—Key Findings~ || Technology Advancements Aiding School Buses~ || Top Challenges in Adoption of School Buses~ || Snapshot of Global School Bus Market in 2025~ | Research Scope and Segmentation~ || Research Scope~ || Product and Technology Segmentation~ || Research Aims and Objectives~ || Key Questions this Study will Answer~ || Research Background~ || Research Methodology~ || Partial List of Industry Participants~ | Market Forecast—Global School Bus Market~ || Global School Bus Market—Unit Shipments~ || Global School Bus Market—Regional Split~ || Market Scenario Analysis of School Buses~ || Global School Bus Market—Unit Shipment Forecast by Segment~ || Global School Bus Market—Regional Split by Technology, 2025~ || Electric School Bus—Use Case Analysis~ | Regional School Bus Market Analysis—North America~ || North America—School Bus Market: Key Influencing Trends~ || Overview of Incentives~ || Emission Regulations~ || Safety Regulations~ || Telematics and Connectivity Solutions~ || North America—Market Scenario Analysis of School Buses~ || North American School Bus Market Forecast~ || North America—HD School Bus Market: Powertrain Forecast~ || North America—MD School Bus Market: Powertrain Forecast~ || North America—LD School Bus Market: Powertrain Forecast~ || Market Share of LD-MD-HD School Bus~ || North America—Partial Matrix of OEM~ || OEM Profile—Blue Bird Corporation~ || OEM Profile—IC Bus~ || OEM Profile—Collins Bus Corporation~ | Regional School Bus Market Analysis—China~ | Regional School Bus Market Analysis—India~ | Regional School Bus Market Analysis—Middle East~ | Growth Opportunities and Companies to Action~ || Growth Opportunity—Current Offerings and Value-added Services~ || Strategic Imperatives for Global School Bus Market~ | Key Conclusions and Future Outlook~ || Key Conclusions and Future Outlook~ || The Last Word—3 Big Predictions~ || Legal Disclaimer~ | Appendix~ || Table of Acronyms Used~ || Market Engineering Methodology~ || List of Exhibits~
List of Charts and Figures 1. Total School Bus Market: Partial List of Industry Participants, Global, 2017~ 2. Use Case for Electric School Bus, Global, 2017~ 3. School Bus Market: Incentives, North America, 2017~ 4. School Bus Market: Fuel Economy and Emission Standards, North America, 2014-2027~ 5. School Bus Market: OEM Profile, North America, 2017~ 6. School Bus Market: IC Bus OEM Profile, North America, 2017~ 7. School Bus Market: Collins Bus OEM Profile, North America, 2017~ 8. School Bus Market: Purchase Incentive by Chinese Central Government, China, 2017-2018~ 9. School Bus Market: Emission Standards, China, 2017-2023~ 10. School Bus Market: Yutong Bus OEM Profile, China, 2017~ 11. School Bus Market: Shaolin Bus OEM Profile, China, 2017~ 12. School Bus Market: Incentives, India, 2018~ 13. School Bus Market: Phase 1 and 2 fuel consumption standards at 40 km/h and 60 km/h, India, 2018- 2030~ 14. School Bus Market: Tata Motors OEM Profile, India, 2017~ 15. School Bus Market: Ashok Leyland OEM Profile, India, 2017~ 16. School Bus Market: Green Initiatives, Middle East, 2018~| 1. Total School Bus Market: Key Research Findings, Global, 2017-2025~ 2. Total School Bus Market: Unit Shipment Forecast, Global, 2025~ 3. Total Bus Market: Segmentation, Global, 2017~ 4. Total School Bus Market: Key Questions this Study will Answer, Global, 2017-2025~ 5. Total School Bus Market: Unit Shipments, Global 2017-2025~ 6. Total School Bus Market: Unit Shipments, Global, 2017 and 2025~ 7. Total School Bus Market: Market Scenario Analysis, Global, 2017-2025 ~ 8. Total School Bus Market: Unit Shipment Forecast Breakdown by Segment, Global, 2017-2025~ 9. Total School Bus Market: Regional Split by Technology, Global, 2025~ 10. School Bus Market: Telematics Key Features, North America, 2017~ 11. School Bus Market: Sales Forecast Scenario Analysis, North America, 2017-2025~ 12. School Bus Market: Sales by Powertrain, North America, 2017-2025~ 13. HD School Bus Market: Unit Sales Forecast of Powertrain Adoption, North America, 2017-2025~ 14. MD School Bus Market: Unit Sales Forecast of Powertrain Adoption, North America, 2017-2025~ 15. LD School Bus Market: Unit Sales Forecast of Powertrain Adoption, North America, 2017-2025~ 16. School Bus Market: Market Share by LD, MD and HD Buses, North America, 2017~ 17. School Bus Market: OEM Overview, North America, 2017-2025~ 18. School Bus Market: Telematics Key Features, China, 2017-2025~ 19. School Bus Market: Sales Forecast Scenario Analysis, China, 2017-2025~ 20. School Bus Market: Sales by Powertrain, China, 2017-2025~ 21. HD School Bus Market: Unit Sales Forecast of Powertrain Adoption, China, 2017-2025~ 22. MD School Bus Market: Unit Sales Forecast of Powertrain Adoption, China, 2017-2025~ 23. LD School Bus Market: Unit Sales Forecast of Powertrain Adoption, China, 2017-2025~ 24. School Bus Market: Market Share by LD, MD and HD Buses, China, 2017~ 25. School Bus Market: OEM Overview, China, 2017-2025~ 26. School Bus Market: Emission Regulation Roadmap, India, 2018~ 27. School Bus Market: Telematics and Connectivity Solutions, India, 2018~ 28. School Bus Market: Sales Forecast Scenario Analysis, India, 2017-2025~ 29. School Bus Market: Sales by Powertrain, India, 2017-2025~ 30. HD School Bus Market: Unit Sales Forecast of Powertrain Adoption, India, 2017-2025~ 31. MD School Bus Market: Unit Sales Forecast of Powertrain Adoption, India, 2017-2025~ 32. LD School Bus Market: Unit Sales Forecast of Powertrain Adoption, India, 2017-2025~ 33. School Bus Market: OEM Overview, India, 2017-2025~ 34. School Bus Market: Sales Forecast Scenario Analysis, Middle East, 2017-2025~ 35. School Bus Market: Sales by Powertrain, Middle East, 2017-2025~ 36. HD School Bus Market: Unit Sales Forecast of Powertrain Adoption, Middle East, 2017-2025~ 37. MD School Bus Market: Unit Sales Forecast of Powertrain Adoption, Middle East, 2017-2025~ 38. LD School Bus Market: Unit Sales Forecast of Powertrain Adoption, Middle East, 2017-2025~ 39. School Bus Market: OEM Overview, Middle East, 2017-2025~ 40. Total School Bus Market: Key Conclusions and Future Outlook, Global, 2025~
Author Vineeth Purushotham
Industries Automotive
WIP Number K2F0-01-00-00-00
Is Prebook No
GPS Codes 9673-A6,9800-A6,9813-A6,9B01-A6,9963-A6,9A70-A6,9AF6-A6,9B13-A6