"Market Intelligence for High-Geared Performance"

Luxury Shuttle Bus Market Size, Share & Industry Analysis, By Seating Capacity (Below 25 passengers., 25 to 40 passengers., Above 40 passengers.), By Propulsion Type (Diesel/ Gasoline., Alternate Fuels., Battery-Electric Buses., Hybrid Electric Buses.), By Application (Corporate., Government., School Coach., Airport Shuttle., Hospitals & Medical Coach., Tourist Coach., Others.) And Regional Forecast 2022-2029

Region : Global | Report ID: FBI105935 | Status : Ongoing

 

KEY MARKET INSIGHTS

A luxury shuttle bus is a type of public transportation that consists of several features not provided by a motor coach or standard bus. These buses offer better comfort for passengers, such as increased legroom space, or also they can be equipped with numerous technology and facility, such as internet access and kitchens. These buses are more appealing in terms of design, and they have less seating than a conventional bus to give space for other interior amenities.


Consumers' increased preference towards luxury buses over conventional buses and major advancements in technology are expected to drive the growth of the market. Additionally, increased initiatives made by several governments to promote public transport services are expected to boost the growth of the market. However, the high prices of luxury shuttle buses and increased maintenance charges are expected to hamper the growth of the market.


Key Market Driver -

The increased usage of public transport, preference of luxury buses over conventional buses and major advancements in technology are expected to drive the market growth

Key Market Restraint -

the increased prices of luxury shuttle buses and increased maintenance charges are expected to hamper the growth of the market.


Market Segmentation:


The global luxury shuttle bus market is segmented by seating capacity, by propulsion type, by application, and by geography. Based on seating capacity, the market is further sub-segmented into below 25 passengers, 25 to 40 passengers, and above 40 passengers. The 25 to 40 passengers segment is expected to hold the largest share of the market during the forecast period. These buses have optimal seating capacity and also offer a high number of extra amenities, which is attributed to the dominance of this segment. Based on propulsion type, the market is segmented into diesel/gasoline, alternate fuels, battery-electric buses, and hybrid electric buses. The hybrid electric buses segment held the largest share of the market in 2020. The increased carbon emission concerns and increased prices of fuels are some of the factors driving the growth of this segment. Based on application, the market is segmented into corporate, government, school coach, airport shuttle, hospitals and medical coach, tourist coach, and others. The tourist coach segment accounted for the largest market share in 2020. Factors such as increased demand for comfortable luxury buses with additional features such as free Wi-Fi and personal power outlets are expected to drive the demand for luxury shuttle buses in the tourism industry.


Key Players:


Major players operating in the global luxury shuttle bus market include Daimler AG, CNH Industrial N.V., Forest River, Proterra, ARBOC Buses, Federal Coach, Krystal Shuttle Buses, Kamaz, Scania AB, Volkswagen AG, Tata Motors, Toyota Motor Corporation, KSIR Buses, Isuzu Motors Ltd. and LGE Coachworks among others


Key Insights



  • New Advancements in Luxury Shuttle Bus Market.

  • Number of Products, Key Countries, 2020

  • New Product Launches, Key Players


Regional Analysis:


Geographically, the global luxury shuttle bus market is segmented into North America, Europe, Asia Pacific, and the rest of the world. Asia Pacific held the largest share of the market in 2020. Factors such as the presence of extensive facilities for production and a vast consumer base in the region are expected to boost the growth of the market. North America is expected to show steady growth in the market during the forecast period due to customers' increased preference towards luxury buses over conventional buses. Europe is expected to account for a considerable share in the market by the end of the forecast period. Factors such as the presence of major market players in the region and the higher disposable income of the consumers are expected to drive the growth of the market in this region.


To gain extensive insights into the market, Request for Customization


Segmentation


























 ATTRIBUTES 


 DETAILS     

By Seating Capacity




  • Below 25 passengers.

  • 25 to 40 passengers.

  • Above 40 passengers.



By Propulsion Type




  • Diesel/ Gasoline.

  • Alternate Fuels.

  • Battery-Electric Buses.

  • Hybrid Electric Buses.



By Application




  • Corporate.

  • Government.

  • School Coach.

  • Airport Shuttle.

  • Hospitals & Medical Coach.

  • Tourist Coach.

  • Others.



By Geography




  • North America (USA, Canada, and Mexico)

  • Europe (Germany, France, U.K., and Rest of Europe)

  • Asia Pacific (Japan, China, India, South Korea, and Rest of Asia Pacific)

  • Rest of the World



  • Ongoing
  • 2021
  • 2018-2020

    CHOOSE LICENSE TYPE

  • $4850
    $5850
    $7850
    Pre Book

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Automotive & Transportation Clients

Hitachi
KIA
GM
Deloitee
Asahi

Client Testimonials

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X