Prepared for francis w. | Delivered February 18, 2020
US School Bus Market Size
To obtain the market size for school buses in the US, state distribution, a breakdown by bus types (1-8), and the major manufacturers in the US and Canada.
The global school bus market is expected to grow at a CAGR of around
% of this growth will come from North America.
school bus market
in North America is expected to grow at a rate close to
over the next five years. The number of new school buses in the region have been increasing since 2012 (post-recession) and in 2018, there were 44,381 sales. Of these, majority of them i.e.
were from the US and 4,689 were from Canada.
Using the US market numbers of
units sold and a CAGR of
we can triangulate the following:In 2020 there will be approximately 42,931 units sold, in 2021 there will be 44,648 units sold, in 2022 there will be 46,434 units sold, and in 2023 there will be 48,291 units sold.
In the major North American countries, school transport is very organized and has been in existence since many decades. Hence,
demand has been stable
since the past few years and is expected to be similar over the forecast period.
IC engine buses
are expected to have a larger share whereas electric school buses are expected to be the fastest growing segment.
Type C and Type D buses are the
ones followed by others such as Type A.
school buses transport
25 million s
tudents to and from school each day in North America, providing nearly 10 billion trips each year. Nearly sixty-six percent of all school buses are owned and operated by public school districts looking for creative solutions to staffing, training and maintenance challenges.
The major players, according to
, are Thomas Built Buses, Blue Bird Corporation, IC Bus, Tata Motors, and Yutong Bus Co. Ltd.
Market Watch states the top players are Ashok Leyland Ltd., Blue Bird Corporation, Daimler AG, REV Group Inc, and Tata Motors Ltd.
Bus Breakdowns By State
School Bus Fleet shared the number of buses by state for the
The top 100 school district fleets may be viewed
Breakdown by Bus Type
Bus types are organized in market research by type
A, C, and D.
There is not mention in any market research of types 1-8.
sales report by type and region may be viewed
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