PUBLISHER: The Business Research Company | PRODUCT CODE: 1680378
PUBLISHER: The Business Research Company | PRODUCT CODE: 1680378
School and employee bus services encompass transportation modes that utilize buses and other motor vehicles to ferry individuals to and from school or transport employees to and from their workplace. These services aim to enhance the safety of children, reduce travel time, and mitigate carbon emissions, contributing to environmental protection by minimizing air pollution.
The primary categories within the school and employee bus service markets include student bus services and employee bus services. Student bus services involve the provision of buses and motor vehicles dedicated to transporting students to and from school. The market is further divided based on ownership into company-owned transportation services, outsourced transportation services, rentals, and pick-and-drop transportation services. Additionally, the segmentation by service type includes mobility as a service (MaaS) and software as a service (SaaS).
The school and employee bus services market research report is one of a series of new reports from The Business Research Company that provides school and employee bus services market statistics, including school and employee bus services industry global market size, regional shares, competitors with a school and employee bus services market share, detailed school and employee bus services market segments, market trends and opportunities, and any further data you may need to thrive in the school and employee bus services industry. This school and employee bus services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The school and employee bus services market size has grown strongly in recent years. It will grow from $65.01 billion in 2024 to $71.12 billion in 2025 at a compound annual growth rate (CAGR) of 9.4%. The growth in the historic period can be attributed to strong economic growth in emerging markets, low interest rate environment, rapid urbanization, and lifestyle changes and increased safety threats.
The school and employee bus services market size is expected to see strong growth in the next few years. It will grow to $93.75 billion in 2029 at a compound annual growth rate (CAGR) of 7.2%. The growth in the forecast period can be attributed to rising population, technological advances, emphasis on cutting carbon emissions, and increasing number of corporates and new educational institutes. Major trends in the forecast period include integration of usb, wi-fi and large screen displays on buses, increase in bus safety features, investments in electric buses, installing hybrid buses, implementation of advanced technologies, and mergers & acquisitions.
The anticipated growth in the school and employee bus services market is expected to be driven by the increasing enrollment of children in schools. The enrollment of children in schools involves the formal registration process for attending an educational institution, and the demand for school bus services is directly influenced by the number of enrolled students. For example, in June 2022, the Texas Education Agency, a division of the Research and Analysis Office of Operations in the United States, reported that Texas public schools experienced an enrollment of 5,427,370 students during the 2021-22 academic year, indicating a growth of 55,784 students or a 1.0% increase compared to the previous school year (2020-21). Therefore, the upward trend in children's enrollment in schools is expected to drive the growth of the school and employee bus services market.
Government initiatives are expected to drive the growth of the school and employee bus services market. Such initiatives involve plans or actions taken by the government to address specific problems or issues, often funded through taxes, grants, and donations. In the context of school and employee bus services, these initiatives provide financial assistance to school districts and businesses, enabling them to purchase new buses, upgrade existing ones, and enhance safety features. For example, in July 2024, The World Resources Institute, a US-based non-profit organization, reported that the number of electric school buses delivered in the United States increased from 971 in December 2022 to 3,769 in December 2023. Thus, government initiatives are driving the growth of the school and employee bus services market.
Leading companies in the school and employee bus services market are introducing new products, such as the Type A electric school bus, to boost their profitability. The Type A electric school bus, introduced by BYD, is a zero-emission vehicle with a seating capacity for 30 students. For example, in January 2022, BYD Company, a China-based manufacturing conglomerate, launched this new Type A electric school bus to transport up to thirty US students at once. Designed to support school districts consistently, the bus serves as both a vehicle and a power storage unit, featuring bi-directional charging capabilities. This allows it to charge overnight during low energy demand periods and then supply clean, emission-free energy back into classrooms while parked during school hours.
Technological innovation is a major trend growing in popularity within the school and employee bus services market. Leading companies are forming partnerships to develop advanced technologies that ensure reliable service for customers. For instance, in March 2023, Lynchburg City Schools, a US-based provider of academic environments and learning services, introduced Traversa Ride 360. This specially designed smartphone app and website enable parents to track their child's bus location in real time, view bus routes, and receive alerts for delays and route changes. The app also allows bus drivers to use tablets to verify each student's presence and ensure they board and disembark at the correct stops.
Major companies operating in the school and employee bus services market include FirstGroup Plc, National Express Group, Student Transportation Inc, Transdev, North America Central School Bus, Cook-Illinois Corporation, Riteway Bus Service, Inc., WE Transport Inc., Krapf Group, Birnie Bus Service Inc., School Transport Services., Takao Transport Service Co. Ltd., The Coach People, MK Chauffeur Drive, Grupo CHAPIN, Budapesti Kozlekedesi Kozpont (BKK), GSP Belgrade, Royal Coach Tours, StorerCoachways, DATTCO Inc, Northfield Lines, Arrow Stage Lines, Rohrer Bus, All Board School Transportation, Passaro Marron, Viacao Aguia Branca, Auto Viacao Catarinense, Sao Geraldo & Gontijo, Autotransportes Andesmar S.A., Nueva Chevallier S.A., Autobuses Santa Fe S.R.L., Transportes Automotores Chevallier S.A., Velocity School Buses Transportation, Emirates Transport Center of School Transport, Yellow Bus Ghana, Ashflex School Bus Services Limited, Golden Arrow Bus Services, PUTCO, Rainbow Coaches, Stabus AMKE
Asia-Pacific was the largest region in the school and employee bus services market in 2024. Western Europe was the second largest region in the school and employee bus services market. The regions covered in the school and employee bus services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the school and employee bus services market report are Australia, China, India, Indonesia, Japan, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, France, Germany, UK, Austria, Belgium, Denmark, Finland, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa
The school and employee bus services market includes revenues earned by entities by providing transportation facilities for employees and students on a regular basis to pick up and drop off, saving time. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
School And Employee Bus Services Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on school and employee bus services market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for school and employee bus services ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The school and employee bus services market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.