According to the latest report by IMARC Group, “Global Airport Bus Market Growth, Share, Size, Industry Trends, Opportunity and Forecast 2022-2027“, the global airport bus market reached a value of US$ XX Billion in 2021. Looking forward, IMARC Group expects the market to grow at a CAGR of XX% during 2022-2027.
The airport bus, also known as the airport shuttle, is used to transport passengers to and from or within the premises of airports. It is painted with bright colors to stand out among other airport vehicles and consists of comfortable seats, temperature control mechanisms, extended storage, restrooms, etc., to enhance the experience of the flight passengers. Airport buses can be of two types, which are fuel and electric. They have low maintenance costs and larger luggage space when compared to other public transport systems. As a result, airline companies across the globe are continuously focusing on easing the overall boarding process with the aid of airport buses.
| Report Metric |
| Historical: 2016-2021 |
| Base Year: 2021 |
| Forecast Year: 2022-2027 |
Airport Bus Market Trends and Drivers:
The escalating adoption of advanced technologies to reduce the carbon footprint in airports and the growing replacement of aging diesel engine-powered buses with new electric buses are primarily driving the airport bus market. Besides this, the rising air passenger traffic levels are also augmenting the market growth.
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Apart from this, the construction of new airports for economic development across various cities, countries, and regions is further catalyzing the global market. Moreover, there elevating availability of highly screened and professionally trained drivers to ensure a safe journey for travelers is acting as another significant growth-inducing factor. Furthermore, the emerging trend of luxury airport buses is expected to bolster the airport bus market in the coming years.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Global Airport Bus Market 2022-2027 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
AB Volvo, BMC Otomotiv Sanayi ve Ticaret A.?., BYD Company Ltd., COBUS Industries GmbH, KIITOKORI OY, Mallaghan, Proterra, Solaris Bus & Coach sp. z o.o. (Construcciones y Auxiliar de Ferrocarriles S.A.), TAM-Europe., Weihai Guangtai Airport Equipment Co. Ltd. and Yutong Bus Co. Ltd.
The report has segmented the market on the basis of region, type, sales channel and application.
Breakup by Type:
- Electric
- Fuel
Breakup by Sales Channel:
- Direct Sales
- Distributor
Breakup by Application:
- Domestic Airport
- International Airport
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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