School Bus Market by Powertrain Type, Type, and geography - Forecast and Analysis 2023-2027

Published: Oct 2023 Pages: 172 SKU: IRTNTR72068

School Bus Market Forecast 2023-2027

The School Bus Market size is estimated to increase by USD 1,235.20 million between 2022 and 2027 and the size of the market is forecast to grow at a CAGR of 3.93%The growth of the market depends on several factors, such as the increasing number of school enrollments, the growing interest in electric vehicles, and the advantages of school buses over other modes of transportation.

What will be the Size of the School Bus Market During the Forecast Period?

To learn more about this report, View Report Sample

Market Dynamics

Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Driver

The increasing number of school enrollments is driving growth in the market. The increased world population is generating an increase in the number of children who attend school, thanks to countries like China and India. This, in turn, raises the demand for a large number of schools and adequate infrastructure pertaining to the education sector, which includes transportation and other amenities. 
 
However, according to the World Federation of International Schools, which has about 10,000 international schools around the world as of 2020, this increase in school enrolments is an important factor that will contribute to the global bus market's growth over the forecast period. The number of international schools is on the rise even in emerging economies such as India, China, and the UAE. In addition, countries such as the US and Canada are global leaders in the education infrastructure, which is a significant driver for the growth of the global market.


Trends


Technological innovations for effectiveness are a primary trend in the market. The global market is witnessing a few technological innovations in using information technology to ensure the effectiveness. Such in-depth diagnostics ensure more accurate and timely repairs and avoid breakdowns and high maintenance expenses down the line. Advanced Telematics enhances the safety, a variety of sensor-based detection systems are currently available. Sensors for seat belt use, door opening and shutting, stop sign and stop arm functionality, speed control, and engine idle time, among other things, assist in conducting pre-trip tests.

In the event of a driver's failure to notice, lane departure warning and Lane Assist systems shall automatically drive the car back in line. Intelligent Speed Assistance is Speeding in one of three primary factors that contribute to road fatalities. The system will notify drivers of speed limits using GPS-linked speed limit data or speed recognition cameras and will be capable of immediately shutting down acceleration. The introduction of such innovations is likely to positively impact the global market during the forecast period.

Challenge


The lack of adequate charging infrastructure is a major challenge in the market. Electrified road transportation was implemented 20-30 years ago, Over the past ten years, the concept of electric vehicles has spread its applications to different segments, such as light and heavy commercial vehicles. The need to develop an adequate number of recharging stations is crucial for the uptake of energy-efficient cars, including buses that have a heavy dependence on public utilities' electricity networks. However, a significant impediment to the growth of the global market for buses is that there are no adequate infrastructure arrangements in some possible markets. Regulators are working on increasing public awareness about electric vehicles but focusing on building charging infrastructure is also needed to make public and private enterprises adopt electric vehicles.

However, governments play a major role in the development of electric vehicle charging infrastructure. A majority of governments are providing tax relief and subsidies for the purchase of environmentally friendly vehicles; however, there is a lack of focus on the construction and delivery of better-recharging infrastructure. Although the adoption of electric buses drives the global market, the lack of necessary measures for the improvement of charging infrastructure would limit the adoption rate of electric buses, which will hamper the growth of the global market during the forecast period.

Market Customer Landscape

The market research report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Market Customer Landscape

Who are the Major School Bus Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Ashok Leyland Ltd - The company offers school buses such as sunshine diesel.

The research report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

  • Ashok Leyland Ltd
  • Berkshire Hathaway Inc.
  • Blue Bird Corp.
  • Daimler Truck AG
  • Eicher Motors Ltd.
  • Ford Motor Co.
  • GreenPower Motor Co. Inc.
  • Higer Bus USA
  • JCBLGroup
  • Mahindra and Mahindra Ltd.
  • Mercedes Benz Group AG
  • REV Group Inc.
  • Scania AB
  • SML Isuzu Ltd.
  • Tata Motors Ltd.
  • The Lion Electric Co.
  • Trans Tech Bus
  • Traton SE
  • Van Con Inc.
  • Zhengzhou Yutong Group Co. Ltd.

 

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

What is the Largest-Growing Segments in the Market?

Powertrain Type Segment Analysis: 

The ICE-powered segment will account for a major share of the market's growth during the forecast period. In this segment, buses using alternative fuels (other than diesel and gasoline) such as compressed natural gas (CNG) and propane have been considered. All these fuels use the same powertrain (ICE). Fuels used in buses have a harmful impact on the environment, which is one of the major challenges faced by the global market.

Get a glance at the market contribution of various segments Request Free PDF Sample

The ICE-powered segment was valued at USD 4,972.98 million in 2017 and continued to grow until 2021. The pollutants emitted by ICE-powered school buses have led to a reduction in their sales and are expected to grow at a steady rate during the forecast period.

Type Segment Analysis:

Within the global market, type C school buses are a specific segment. Type C is also referred to as an ordinary or "front-engined" vehicle. Their distinctive shape, where the engine is placed at the top of the front outside the passenger compartment, allows them to be easily identified. The trend toward weight and cost reduction in the global market is driven by a combination of factors, including technological advancements, environmental considerations, regulatory requirements, and economic considerations.

Which are the Key Regions for the Market?

North America is estimated to contribute 34% to the growth of the global market during the forecast period.

For more insights on the market share of various regions Request Free PDF Sample now!

Technavio’s analysts have elaborately explained the regional trends, drivers, and challenges that are expected to shape the market during the forecast period.  The market in North America is a consolidated one. The region is characterized by the presence of major manufacturers who also cater to other countries. Blue Bird Corporation, IC Bus, and Thomas Built Buses Inc. are the three key players that occupy a major share of the market. Other major companies are Collins Bus Corporation, Micro Bird, and Lion Electric company. Moreover, companies are introducing new features in their products to increase their market share.

Market Analyst Overview

The School Bus Market witnesses growth with new launches, particularly by major players like BYD, driving market expansion in Asia-Pacific and Europe. United States leads in school bus manufacturing, often through joint ventures. Market trends include a shift towards electric school buses, propelled by government incentives and environmental consciousness, particularly in North America. Challenges like manufacturing shutdowns and trade restrictions are mitigated by R&D investments, ensuring market recovery. Electromobility gains traction, with a stable demand for school transport and growing sales of electric buses, especially in Canada and North America.

Segment Overview

The market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Powertrain Type Outlook (USD Million, 2017 - 2027)

    • ICE-powered

    • Electric

  • Application Outlook (USD Million, 2017 - 2027)

    • Large Enterprise

    • Small and Medium Enterprise

  • Region Outlook (USD Million, 2017 - 2027)

    • North America

      • The U.S.
      • Canada
    • Europe

      • U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC

      • China
      • India
    • Middle East & Africa

      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

 

School Bus Market Scope

Report Coverage

Details

Page number

172

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 3.93%

Market growth 2023-2027

USD 1235.2 million

Market structure

Fragmented

YoY growth 2022-2023(%)

3.6

Regional analysis

North America, APAC, Europe, Middle East and Africa, and South America

Performing market contribution

North America at 34%

Key countries

US, Canada, China, Japan, and UK

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Ashok Leyland Ltd, Berkshire Hathaway Inc., Blue Bird Corp., Daimler Truck AG, Eicher Motors Ltd., Ford Motor Co., GreenPower Motor Co. Inc., Higer Bus USA, JCBLGroup, Mahindra and Mahindra Ltd., Mercedes Benz Group AG, REV Group Inc., Scania AB, SML Isuzu Ltd., Tata Motors Ltd., The Lion Electric Co., Trans Tech Bus, Traton SE, Van Con Inc., and Zhengzhou Yutong Group Co. Ltd.

Market dynamics

Parent market analysis, Market forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our market growth and trends report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

View PDF Sample

What are the Key Data Covered in this Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the market growth and forecasting of the market between 2023 and 2027
  • Precise estimation of the size of the market size and its contribution to the parent market
  • Accurate predictions about upcoming market trends and analysis and changes in consumer behavior
  • Growth of the market industry across Europe, North America, APAC, South America, and Middle East and Africa
  • Thorough market growth analysis of the market’s competitive landscape and detailed information about vendors
  • Comprehensive market analysis and report on the factors that will challenge the market research and growth of market vendors

We can help! Our analysts can customize this market research report to meet your requirements. 

Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Powertrain Type
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global school bus market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on global school bus market 2017 - 2021 ($ million)
    • 4.2 Powertrain Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Powertrain Segment 2017 - 2021 ($ million)
    • 4.3 Type Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Type Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Powertrain Type

    • 6.1 Market segments
      • Exhibit 30: Chart on Powertrain Type - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Powertrain Type - Market share 2022-2027 (%)
    • 6.2 Comparison by Powertrain Type
      • Exhibit 32: Chart on Comparison by Powertrain Type
      • Exhibit 33: Data Table on Comparison by Powertrain Type
    • 6.3 ICE-powered - Market size and forecast 2022-2027
      • Exhibit 34: Chart on ICE-powered - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on ICE-powered - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on ICE-powered - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on ICE-powered - Year-over-year growth 2022-2027 (%)
    • 6.4 Electric - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Electric - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Electric - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Electric - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Electric - Year-over-year growth 2022-2027 (%)
    • 6.5 Market opportunity by Powertrain Type
      • Exhibit 42: Market opportunity by Powertrain Type ($ million)
      • Exhibit 43: Data Table on Market opportunity by Powertrain Type ($ million)

    7 Market Segmentation by Type

    • 7.1 Market segments
      • Exhibit 44: Chart on Type - Market share 2022-2027 (%)
      • Exhibit 45: Data Table on Type - Market share 2022-2027 (%)
    • 7.2 Comparison by Type
      • Exhibit 46: Chart on Comparison by Type
      • Exhibit 47: Data Table on Comparison by Type
    • 7.3 Type C - Market size and forecast 2022-2027
      • Exhibit 48: Chart on Type C - Market size and forecast 2022-2027 ($ million)
      • Exhibit 49: Data Table on Type C - Market size and forecast 2022-2027 ($ million)
      • Exhibit 50: Chart on Type C - Year-over-year growth 2022-2027 (%)
      • Exhibit 51: Data Table on Type C - Year-over-year growth 2022-2027 (%)
    • 7.4 Type B - Market size and forecast 2022-2027
      • Exhibit 52: Chart on Type B - Market size and forecast 2022-2027 ($ million)
      • Exhibit 53: Data Table on Type B - Market size and forecast 2022-2027 ($ million)
      • Exhibit 54: Chart on Type B - Year-over-year growth 2022-2027 (%)
      • Exhibit 55: Data Table on Type B - Year-over-year growth 2022-2027 (%)
    • 7.5 Type A - Market size and forecast 2022-2027
      • Exhibit 56: Chart on Type A - Market size and forecast 2022-2027 ($ million)
      • Exhibit 57: Data Table on Type A - Market size and forecast 2022-2027 ($ million)
      • Exhibit 58: Chart on Type A - Year-over-year growth 2022-2027 (%)
      • Exhibit 59: Data Table on Type A - Year-over-year growth 2022-2027 (%)
    • 7.6 Type D - Market size and forecast 2022-2027
      • Exhibit 60: Chart on Type D - Market size and forecast 2022-2027 ($ million)
      • Exhibit 61: Data Table on Type D - Market size and forecast 2022-2027 ($ million)
      • Exhibit 62: Chart on Type D - Year-over-year growth 2022-2027 (%)
      • Exhibit 63: Data Table on Type D - Year-over-year growth 2022-2027 (%)
    • 7.7 Market opportunity by Type
      • Exhibit 64: Market opportunity by Type ($ million)
      • Exhibit 65: Data Table on Market opportunity by Type ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 67: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 68: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 69: Chart on Geographic comparison
      • Exhibit 70: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2022-2027
      • Exhibit 71: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 72: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 73: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 74: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.4 APAC - Market size and forecast 2022-2027
      • Exhibit 75: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 76: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 77: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 78: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.5 Europe - Market size and forecast 2022-2027
      • Exhibit 79: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 80: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 81: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 82: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.6 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.7 South America - Market size and forecast 2022-2027
      • Exhibit 87: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 88: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 89: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 90: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.8 US - Market size and forecast 2022-2027
      • Exhibit 91: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 92: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 93: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 94: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.9 China - Market size and forecast 2022-2027
      • Exhibit 95: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 96: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 97: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 98: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.10 Canada - Market size and forecast 2022-2027
      • Exhibit 99: Chart on Canada - Market size and forecast 2022-2027 ($ million)
      • Exhibit 100: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
      • Exhibit 101: Chart on Canada - Year-over-year growth 2022-2027 (%)
      • Exhibit 102: Data Table on Canada - Year-over-year growth 2022-2027 (%)
    • 9.11 Japan - Market size and forecast 2022-2027
      • Exhibit 103: Chart on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 104: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 105: Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Exhibit 106: Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • 9.12 UK - Market size and forecast 2022-2027
      • Exhibit 107: Chart on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 108: Data Table on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 109: Chart on UK - Year-over-year growth 2022-2027 (%)
      • Exhibit 110: Data Table on UK - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 111: Market opportunity by geography ($ million)
      • Exhibit 112: Data Tables on Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 113: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 114: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 115: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 116: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 117: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 118: Matrix on vendor position and classification
            • 12.3 Ashok Leyland Ltd
              • Exhibit 119: Ashok Leyland Ltd - Overview
              • Exhibit 120: Ashok Leyland Ltd - Product / Service
              • Exhibit 121: Ashok Leyland Ltd - Key offerings
            • 12.4 Berkshire Hathaway Inc.
              • Exhibit 122: Berkshire Hathaway Inc. - Overview
              • Exhibit 123: Berkshire Hathaway Inc. - Business segments
              • Exhibit 124: Berkshire Hathaway Inc. - Key news
              • Exhibit 125: Berkshire Hathaway Inc. - Key offerings
              • Exhibit 126: Berkshire Hathaway Inc. - Segment focus
            • 12.5 Blue Bird Corp.
              • Exhibit 127: Blue Bird Corp. - Overview
              • Exhibit 128: Blue Bird Corp. - Business segments
              • Exhibit 129: Blue Bird Corp. - Key offerings
              • Exhibit 130: Blue Bird Corp. - Segment focus
            • 12.6 Daimler Truck AG
              • Exhibit 131: Daimler Truck AG - Overview
              • Exhibit 132: Daimler Truck AG - Business segments
              • Exhibit 133: Daimler Truck AG - Key offerings
              • Exhibit 134: Daimler Truck AG - Segment focus
            • 12.7 Ford Motor Co.
              • Exhibit 135: Ford Motor Co. - Overview
              • Exhibit 136: Ford Motor Co. - Business segments
              • Exhibit 137: Ford Motor Co. - Key news
              • Exhibit 138: Ford Motor Co. - Key offerings
              • Exhibit 139: Ford Motor Co. - Segment focus
            • 12.8 GreenPower Motor Co. Inc.
              • Exhibit 140: GreenPower Motor Co. Inc. - Overview
              • Exhibit 141: GreenPower Motor Co. Inc. - Product / Service
              • Exhibit 142: GreenPower Motor Co. Inc. - Key news
              • Exhibit 143: GreenPower Motor Co. Inc. - Key offerings
            • 12.9 JCBLGroup
              • Exhibit 144: JCBLGroup - Overview
              • Exhibit 145: JCBLGroup - Product / Service
              • Exhibit 146: JCBLGroup - Key offerings
            • 12.10 Mahindra and Mahindra Ltd.
              • Exhibit 147: Mahindra and Mahindra Ltd. - Overview
              • Exhibit 148: Mahindra and Mahindra Ltd. - Business segments
              • Exhibit 149: Mahindra and Mahindra Ltd. - Key news
              • Exhibit 150: Mahindra and Mahindra Ltd. - Key offerings
              • Exhibit 151: Mahindra and Mahindra Ltd. - Segment focus
            • 12.11 REV Group Inc.
              • Exhibit 152: REV Group Inc. - Overview
              • Exhibit 153: REV Group Inc. - Business segments
              • Exhibit 154: REV Group Inc. - Key offerings
              • Exhibit 155: REV Group Inc. - Segment focus
            • 12.12 Scania AB
              • Exhibit 156: Scania AB - Overview
              • Exhibit 157: Scania AB - Business segments
              • Exhibit 158: Scania AB - Key offerings
              • Exhibit 159: Scania AB - Segment focus
            • 12.13 Tata Motors Ltd.
              • Exhibit 160: Tata Motors Ltd. - Overview
              • Exhibit 161: Tata Motors Ltd. - Business segments
              • Exhibit 162: Tata Motors Ltd. - Key news
              • Exhibit 163: Tata Motors Ltd. - Key offerings
              • Exhibit 164: Tata Motors Ltd. - Segment focus
            • 12.14 The Lion Electric Co.
              • Exhibit 165: The Lion Electric Co. - Overview
              • Exhibit 166: The Lion Electric Co. - Product / Service
              • Exhibit 167: The Lion Electric Co. - Key offerings
            • 12.15 Trans Tech Bus
              • Exhibit 168: Trans Tech Bus - Overview
              • Exhibit 169: Trans Tech Bus - Product / Service
              • Exhibit 170: Trans Tech Bus - Key offerings
            • 12.16 Traton SE
              • Exhibit 171: Traton SE - Overview
              • Exhibit 172: Traton SE - Business segments
              • Exhibit 173: Traton SE - Key news
              • Exhibit 174: Traton SE - Key offerings
              • Exhibit 175: Traton SE - Segment focus
            • 12.17 Van Con Inc.
              • Exhibit 176: Van Con Inc. - Overview
              • Exhibit 177: Van Con Inc. - Product / Service
              • Exhibit 178: Van Con Inc. - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 179: Inclusions checklist
                • Exhibit 180: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 181: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 182: Research methodology
                • Exhibit 183: Validation techniques employed for market sizing
                • Exhibit 184: Information sources
              • 13.5 List of abbreviations
                • Exhibit 185: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

              PURCHASE FULL REPORT OF

              school bus market market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

              Why should you prefer Technavio's market insights report?

              • Off-the-shelf research reports
              • Reports can be tailored to meet the customer's needs
              • Trusted by more than 100 fortune 500 organizations
              • Information about the market's key drivers, trends, and challenges
              • Parent market analysis
              • Every week, 50,000 people visit our subscription platform
              • Detailed vendors report with competitive landscape
              • Covid-19 impact and recovery analysis
              • Data on revenue-generating market segments
              • Details on the market shares of various regions
              • Five-force market analysis