The School Bus Market report by HTF Market Intelligence Consulting Private Limited provides an in-depth analysis of the global school bus market, including market size, trends, drivers, and challenges. The market is expected to grow at a CAGR of 7% from 2024 to 2030, reaching a market size of USD 35 billion by 2030. The report identifies electric and autonomous buses, GPS tracking, and enhanced safety features as key trends driving the market growth. Rising student enrollment, safety standards, and adoption of electric buses are major drivers. However, high initial costs, regulatory issues, and lack of EV infrastructure are significant challenges.
The report also highlights the dominance of the Asia-Pacific region, followed by North America and Europe. Key players in the market include Blue Bird Corporation, Thomas Built Buses, IC Bus, Ashok Leyland, and Tata Motors, among others. The report provides a comprehensive analysis of the market, including product types, applications, and regional analysis. The report also offers insights into the market’s growth potential, major trends, and challenges, making it a valuable resource for businesses, investors, and researchers.