Market Overview:
The global airport shuttlebus market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for airport shuttlebus services from both domestic and international airports. Additionally, the rising number of passengers opting for shared transportation options is also propelling the growth of the global airport shuttlebus market. Based on type, the electric type segment accounted for a major share of the global airport shuttlebus market in 2017 and is projected to maintain its dominance during the forecast period. This can be attributed to factors such as environmental concerns and government regulations related to emissions that are driving adoption of electric vehicles worldwide. However, with advancements in fuel technology, especially hybrid and plug-in hybrids, fuel-powered vehicles are expected to gain traction over electric vehicles during the forecast period.
Product Definition:
A shuttlebus is a bus that shuttles passengers between different locations, often airport terminals and hotels. The importance of shuttlebuses lies in their ability to provide efficient, low-cost transportation for large numbers of people.
Electric Type:
Electric type airport shuttlebus is a bus that is powered by electricity. It has a battery-powered or electric motor, which drives the vehicle’s engine and provides power to drive the vehicle’s wheels. The engine can be of two types: electric/hybrid and internal combustion.
Fuel Type:
The fuel type used in airport shuttlebus is diesel. The market for airport shuttlebuses uses diesel fuel as the main source of energy to power the buses. There are various types of fuels that can be used such as petrol, diesel, and gas which are used based on their properties and characteristics for a particular application.
Petrol-based shuttles run on petrol.
Application Insights:
The international airport application segment dominated the market in 2017 and is expected to continue its dominance over the forecast period. The growing number of air travelers across the globe has resulted in an increased demand for airport shuttle services, thereby fueling growth at a global level. According to data published by CAPA Center for Aviation, around 940 million passengers traveled through more than 3,000 airports around the world during 2016-2017.
The domestic airport application segment is expected to register a significant CAGR of XX% from 2018 to 2030 owing to increasing passenger traffic at airports within China and India coupled with rising air transportation between these countries. In addition, favorable government policies regarding low-cost carriers are anticipated to further stimulate industry expansion over the coming years.
Regional Analysis:
North America dominated the market in 2017. The growth is attributed to increasing demand for airport shuttle services in U.S. and Canada, which are majorly corporate travelers' destinations, thus creating a need for airport shuttles across the region.
Asia Pacific is expected to be fastest-growing regional market from 2018 to 2030 owing to increasing number of airports and rising passenger traffic in countries such as China.
Growth Factors:
- Increasing demand for airport shuttlebus services due to the growth in air travel.
- Rising number of private jets and helicopters, which has led to an increase in the demand for airport shuttlebus services.
- The development of new airports and expansion of existing airports is expected to lead to an increase in the demand for airport shuttlebus services.
- The increasing popularity of bus charters as a mode of transportation for groups has led to an increase in the demand for airport shuttlebus services.
Scope Of The Report
Report Attributes
Report Details
Report Title
Airport Shuttlebus Market Research Report
By Type
Electric Type, Fuel Type
By Application
Domestic Airport, International Airport
By Companies
Cobus Industries, Zhengzhou YuTong Bus, CIMC Tianda, TAM, Weihai Guangtai, BYD, MAZ, BMC, Kiitokori
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
218
Number of Tables & Figures
153
Customization Available
Yes, the report can be customized as per your need.
Global Airport Shuttlebus Market Report Segments:
The global Airport Shuttlebus market is segmented on the basis of:
Types
Electric Type, Fuel Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Domestic Airport, International Airport
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Cobus Industries
- Zhengzhou YuTong Bus
- CIMC Tianda
- TAM
- Weihai Guangtai
- BYD
- MAZ
- BMC
- Kiitokori
Highlights of The Airport Shuttlebus Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Electric Type
- Fuel Type
- By Application:
- Domestic Airport
- International Airport
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Airport Shuttlebus Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Airport Shuttlebus is a transportation service that provides door-to-door transportation between the airport and your final destination.
Some of the major companies in the airport shuttlebus market are Cobus Industries, Zhengzhou YuTong Bus, CIMC Tianda, TAM, Weihai Guangtai, BYD, MAZ, BMC, Kiitokori.
The airport shuttlebus market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Airport Shuttlebus Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Airport Shuttlebus Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Airport Shuttlebus Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Airport Shuttlebus Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Airport Shuttlebus Market Size & Forecast, 2018-2028
4.5.1 Airport Shuttlebus Market Size and Y-o-Y Growth
4.5.2 Airport Shuttlebus Market Absolute $ Opportunity
Chapter 5 Global Airport Shuttlebus Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Airport Shuttlebus Market Size Forecast by Type
5.2.1 Electric Type
5.2.2 Fuel Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Airport Shuttlebus Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Airport Shuttlebus Market Size Forecast by Applications
6.2.1 Domestic Airport
6.2.2 International Airport
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Airport Shuttlebus Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Airport Shuttlebus Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Airport Shuttlebus Analysis and Forecast
9.1 Introduction
9.2 North America Airport Shuttlebus Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Airport Shuttlebus Market Size Forecast by Type
9.6.1 Electric Type
9.6.2 Fuel Type
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Airport Shuttlebus Market Size Forecast by Applications
9.10.1 Domestic Airport
9.10.2 International Airport
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Airport Shuttlebus Analysis and Forecast
10.1 Introduction
10.2 Europe Airport Shuttlebus Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Airport Shuttlebus Market Size Forecast by Type
10.6.1 Electric Type
10.6.2 Fuel Type
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Airport Shuttlebus Market Size Forecast by Applications
10.10.1 Domestic Airport
10.10.2 International Airport
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Airport Shuttlebus Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Airport Shuttlebus Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Airport Shuttlebus Market Size Forecast by Type
11.6.1 Electric Type
11.6.2 Fuel Type
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Airport Shuttlebus Market Size Forecast by Applications
11.10.1 Domestic Airport
11.10.2 International Airport
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Airport Shuttlebus Analysis and Forecast
12.1 Introduction
12.2 Latin America Airport Shuttlebus Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Airport Shuttlebus Market Size Forecast by Type
12.6.1 Electric Type
12.6.2 Fuel Type
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Airport Shuttlebus Market Size Forecast by Applications
12.10.1 Domestic Airport
12.10.2 International Airport
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Airport Shuttlebus Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Airport Shuttlebus Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Airport Shuttlebus Market Size Forecast by Type
13.6.1 Electric Type
13.6.2 Fuel Type
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Airport Shuttlebus Market Size Forecast by Applications
13.10.1 Domestic Airport
13.10.2 International Airport
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Airport Shuttlebus Market: Competitive Dashboard
14.2 Global Airport Shuttlebus Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cobus Industries
14.3.2 Zhengzhou YuTong Bus
14.3.3 CIMC Tianda
14.3.4 TAM
14.3.5 Weihai Guangtai
14.3.6 BYD
14.3.7 MAZ
14.3.8 BMC
14.3.9 Kiitokori
