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Shuttle Buses Market Share

Report ID: GMI9307
Published Date: Apr 2024
Report Format: PDF

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Shuttle Buses Market Share

IC Bus and Thomas Built Buses hold a significant market share of over 43% in the shuttle buses industry. Numerous companies prioritize the enhancement of shuttle buses by incorporating advanced features and technologies to distinguish their offerings in the market. Additionally, they provide customization options and adaptable configurations to cater to a wide range of customer requirements, encompassing seating arrangements, wheelchair accessibility, multimedia systems, and branding possibilities.

Some companies establish strategic alliances with Original Equipment Manufacturers (OEMs), suppliers, and technology firms to leverage their knowledge, access advanced technologies, and optimize supply chain operations for accelerated product development and market expansion. Additionally, they engage in partnerships with transit agencies, operators, and transportation service providers to gain insights into market demands, create customized solutions, and secure contracts for shuttle bus services across diverse sectors.

Shuttle Buses Market Companies

Major companies operating in the shuttle buses industry are:

Blue Bird
Collins Bus
Giradin
Gillig
IC Bus
Lion Bus
Micro Bird
Starcraft Bus
Thomas Built Buses
Trans Tech

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of shuttle buses reached USD 15.7 billion in 2023 and will grow at over 6% CAGR between 2024 and 2032, led by the growing awareness of the benefits of public transportation.

The minibuses vehicle segment will exceed USD 9 billion by 2032, as they provide an excellent blend of passenger capacity and mobility.

North America shuttle minibuses industry held a revenue share of over 36% in 2023, as they offer a more efficient and flexible solution than standard buses.

Blue Bird, Collins Bus, Giradin, Gillig, IC Bus, Lion Bus, Micro Bird, Starcraft Bus, and Thomas Built Buses among others.