Market Overview:
Public transport bus service is a type of mass transit that involves transporting people from one point to another using buses. The global public transport bus service market is segmented on the basis of type, application and region. On the basis of type, the market is divided into light and medium type, large type and specialist services. Light and medium buses are used for urban transport, while long-distance buses are used for intercity travel. Specialist services include tour buses, school buses and hospital shuttles. Geographically, the market is analyzed across North America (U.S., Canada), Latin America (Mexico, Brazil), Europe (Germany France Italy Spain U.K.), Asia Pacific (China India Japan South Korea Australia) Middle East & Africa(South Africa Saudi Arabia). The global public transport bus service market was valued at US$ XX billion in 2017.
Product Definition:
Public transport bus service refers to a system of transporting people using buses. The importance of public transport bus service is that it provides an affordable, efficient way for people to travel. It also helps reduce traffic congestion and pollution.
Light and Medium Type:
Light and medium type Public Transport Bus Service market is expected to grow at a significant rate owing to the factors such as increasing population, rapid urbanization, rising per capita income in developing countries including China and India. The Light & Medium Type Public Transport bus service industry has been growing rapidly over the past few years due to its benefits such as cost-effectiveness, flexibility of routes for commuters.
Large Type:
Large type is defined as any advertising matter which is larger than A0 and its usage in public transport bus service market. The size of the largest advertisement varies according to the location and nature of business. For instance, large-type advertisements on buses can be a huge billboard or small sign with a picture or symbol only; while large-type ads on trains can be an entire wall at each end of the train compartment or just one big advertisement board.
Application Insights:
The urban application segment dominated the global public transport bus service market in 2017, accounting for over 60.0% share of the overall revenue. The growth can be attributed to increasing demand for low-cost travel and growing population in major cities across the world. For instance, according to a study conducted by CUTS Global Union College London, UK will hold 50% of global urban population by 2030 and this number is expected to grow at a significant rate over next few years. This demographic boost will further propel demand for public transport bus services within city limits thereby driving the segment growth during forecast period.
Specialized services are anticipated to witness substantial growth over the forecast period owing to rising demand from corporate clients traveling on business trips or employees working from remote locations requiring assistance in transportation facilities while visiting their offices every day or fortnightly respectively.
Regional Analysis:
Asia Pacific is expected to be the largest regional market over the forecast period. The growth of this region can be attributed to increasing government investments in urban transport infrastructure and rising demand for public transportation services. For instance, China has undertaken various initiatives such as “Housing-For-All†scheme which aims at providing affordable housing units coupled with basic amenities, thus reducing the gap between supply and demand of houses thereby creating an opportunity for global market players operating in this space.
Moreover, growing population along with rapid urbanization across emerging economies including India and Indonesia is anticipated to drive passenger traffic on buses significantly over the next eight years. In addition, introduction of metro rail systems such as Dubai Metro Rail (DMU) by Dubai Government; Hong Kong MTR Corporation Limited by Hong Kong Government; Guangzhou Metro (GZM) by Guangzhou City Government; Beijing Subwayby Beijing Municipal Committee etc.
Growth Factors:
- Increasing population and congestion on roads, especially in urban areas, is expected to drive the demand for public transport bus services over the forecast period.
- Government initiatives to promote public transportation and reduce traffic congestion are likely to support market growth.
- Growing awareness about the benefits of using public transport buses is projected to propel market expansion during the forecast period.
- The increasing number of private vehicles is resulting in increased pollution levels; this is anticipated to fuel demand for public transport bus services as a cleaner alternative over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Public Transport Bus Service Market Research Report
By Type
Light and Medium Type, Large Type
By Application
Urban Transport, Long Distance Transport, Specialist Services
By Companies
Bridj, OurBus, Chariot, DrinBus, Moobil, Europbusways, PostBus
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
144
Number of Tables & Figures
101
Customization Available
Yes, the report can be customized as per your need.
Global Public Transport Bus Service Market Report Segments:
The global Public Transport Bus Service market is segmented on the basis of:
Types
Light and Medium Type, Large 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
Urban Transport, Long Distance Transport, Specialist Services
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:
- Bridj
- OurBus
- Chariot
- DrinBus
- Moobil
- Europbusways
- PostBus
Highlights of The Public Transport Bus Service 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:
- Light and Medium Type
- Large Type
- By Application:
- Urban Transport
- Long Distance Transport
- Specialist Services
- 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 Public Transport Bus Service 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?
Public transport bus service is a type of transportation that provides door-to-door service for people who need to get from one place to another. Buses typically run on fixed routes and stop at designated stops along the way.
Some of the major players in the public transport bus service market are Bridj, OurBus, Chariot, DrinBus, Moobil, Europbusways, PostBus.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Public Transport Bus Service 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 Public Transport Bus Service Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Public Transport Bus Service 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 Public Transport Bus Service 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 Public Transport Bus Service Market Size & Forecast, 2018-2028
4.5.1 Public Transport Bus Service Market Size and Y-o-Y Growth
4.5.2 Public Transport Bus Service Market Absolute $ Opportunity
Chapter 5 Global Public Transport Bus Service 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 Public Transport Bus Service Market Size Forecast by Type
5.2.1 Light and Medium Type
5.2.2 Large Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Public Transport Bus Service 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 Public Transport Bus Service Market Size Forecast by Applications
6.2.1 Urban Transport
6.2.2 Long Distance Transport
6.2.3 Specialist Services
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Public Transport Bus Service 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 Public Transport Bus Service 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 Public Transport Bus Service Analysis and Forecast
9.1 Introduction
9.2 North America Public Transport Bus Service 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 Public Transport Bus Service Market Size Forecast by Type
9.6.1 Light and Medium Type
9.6.2 Large 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 Public Transport Bus Service Market Size Forecast by Applications
9.10.1 Urban Transport
9.10.2 Long Distance Transport
9.10.3 Specialist Services
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 Public Transport Bus Service Analysis and Forecast
10.1 Introduction
10.2 Europe Public Transport Bus Service 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 Public Transport Bus Service Market Size Forecast by Type
10.6.1 Light and Medium Type
10.6.2 Large 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 Public Transport Bus Service Market Size Forecast by Applications
10.10.1 Urban Transport
10.10.2 Long Distance Transport
10.10.3 Specialist Services
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 Public Transport Bus Service Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Public Transport Bus Service 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 Public Transport Bus Service Market Size Forecast by Type
11.6.1 Light and Medium Type
11.6.2 Large 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 Public Transport Bus Service Market Size Forecast by Applications
11.10.1 Urban Transport
11.10.2 Long Distance Transport
11.10.3 Specialist Services
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 Public Transport Bus Service Analysis and Forecast
12.1 Introduction
12.2 Latin America Public Transport Bus Service 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 Public Transport Bus Service Market Size Forecast by Type
12.6.1 Light and Medium Type
12.6.2 Large 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 Public Transport Bus Service Market Size Forecast by Applications
12.10.1 Urban Transport
12.10.2 Long Distance Transport
12.10.3 Specialist Services
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) Public Transport Bus Service Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Public Transport Bus Service 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) Public Transport Bus Service Market Size Forecast by Type
13.6.1 Light and Medium Type
13.6.2 Large 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) Public Transport Bus Service Market Size Forecast by Applications
13.10.1 Urban Transport
13.10.2 Long Distance Transport
13.10.3 Specialist Services
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 Public Transport Bus Service Market: Competitive Dashboard
14.2 Global Public Transport Bus Service Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bridj
14.3.2 OurBus
14.3.3 Chariot
14.3.4 DrinBus
14.3.5 Moobil
14.3.6 Europbusways
14.3.7 PostBus
