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Minibus Market Share

  • Report ID: GMI8723
  • Published Date: Mar 2024
  • Report Format: PDF
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Minibus Market Share

Ford and Volkswagen dominate the market with over 12% market share. Ford endeavors to broaden its minibus product range, providing a varied selection of models tailored to different customer segments such as shuttle services, schools, tourism, and urban mobility. These models offer varying seating capacities, fuel options, and customizable features to meet diverse needs.
 

Volkswagen Group prioritizes electric mobility by unveiling electric minibus options powered either by Volkswagen's adaptable MEB platform or specialized electric vehicle platforms. This moves targets environmentally aware consumers and markets with strict emissions standards.
 

Minibus Market Companies

Major companies operating in the minibus industry are:

  • Daimler AG
  • Fiat Chrysler Automobiles
  • Ford
  • General Motors
  • Hyundai
  • Iveco S.p.A.
  • Nissan
  • Renault
  • Toyota
  • Volkswagen
Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

The market size of minibus reached USD 10.3 billion in 2023 and is set to witness over 4% CAGR between 2024 and 2032, due to rapid urbanization in multiple cities worldwide.

The 10 - 20 seats seating capacity segment is expected to hold over 40% of the market share by 2032, as they provide a blend of passenger capacity and maneuverability.

Asia Pacific market size was valued at USD 4.9 billion in 2023, led by the escalating demand for efficient and flexible transportation choices.

Some of the major minibus firms are Daimler AG, Fiat Chrysler Automobiles, Ford, General Motors, Hyundai, Iveco S.p.A., Nissan, Renault, Toyota, and Volkswagen.

Minibus Market Scope

  • Minibus Market Size
  • Minibus Market Trends
  • Minibus Market Analysis
  • Minibus Market Share

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    • Base Year: 2023
    • Companies covered: 20
    • Tables & Figures: 350
    • Countries covered: 25
    • Pages: 220
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