Luxury Shuttle Bus Market
Luxury Shuttle Bus Market Forecasts to 2028 – Global Analysis By Seating Capacity (Below 25 Passengers, 26 to 35 Passengers, 36 to 55 Passengers, and 56 Passengers & Above), Propulsion, Application and By Geography
According to Stratistics MRC, the Global Luxury Shuttle Bus Market is accounted for $2.98 billion in 2020 and is expected to reach $6.15 billion by 2028 growing at a CAGR of 9.5% during the forecast period. While the factors like growing environmental concerns and rising awareness related to public transportation benefits are driving the market growth. However, the manufacturing cost of luxury buses is hampering the market growth.
A luxury shuttle bus is a form of transportation that may feature many amenities which are not provided by a standard bus or motor coach. These buses propose better passenger comfort, such as more legroom, or if they have been equipped with facilities and technology, such as kitchens and Internet access, that are not normally present in other types of buses. Luxury shuttle buses typically cost more to charter than a regular bus or coach because the owners usually invest a greater amount of money in them.
Based on the seating capacity, the 36 to 55 passengers segment is estimated to have a lucrative growth during the forecast period due to an increase in the demand for luxury buses with 36 to 55 passenger capacity.
By geography, the Asia Pacific is going to have a huge demand due to the high production of luxury buses and increasing preference for luxury shuttle buses over conventional buses. Also, the availability of large production facilities and a large consumer base has attracted investment by leading manufacturers in this region.
Some of the key players profiled in the Luxury Shuttle Bus Market include Volvo Group, Forest River, Toyota Motor Corporation, Nanjing Gold Dragon, Scania AB, Proterra, NFI Group, Volkswagen AG, Mahindra Group, LGE Coachworks, Isuzu Motors Limited, Grech Motors, Tata Motors, Federal Coach, Daimler AG, CNH Industrial, Blue Bird Corporation, and Ashok Leyland.
Seating Capacities Covered:
• Below 25 Passengers
• 26 to 35 Passengers
• 36 to 55 Passengers
• 56 Passengers & Above
Propulsions Covered:
• Alternate Fuels
• Battery Electric Buses
• Diesel/Gasoline
• Hybrid Electric Buses
Applications Covered:
• Airport Shuttle
• Corporate
• Government
• Hospital & Medical Coach
• School Coach
• Tourist Coach/Tourism Coach
• Passenger Transport
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Luxury Shuttle Bus Market, By Seating Capacity
5.1 Introduction
5.2 Below 25 Passengers
5.3 26 to 35 Passengers
5.4 36 to 55 Passengers
5.5 56 Passengers & Above
6 Global Luxury Shuttle Bus Market, By Propulsion
6.1 Introduction
6.2 Alternate Fuels
6.3 Battery Electric Buses
6.4 Diesel/Gasoline
6.5 Hybrid Electric Buses
7 Global Luxury Shuttle Bus Market, By Application
7.1 Introduction
7.2 Airport Shuttle
7.3 Corporate
7.4 Government
7.5 Hospital & Medical Coach
7.6 School Coach
7.7 Tourist Coach/Tourism Coach
7.8 Passenger Transport
8 Global Luxury Shuttle Bus Market, By Geography
8.1 Introduction
8.2 North America
8.2.1 US
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 UK
8.3.3 Italy
8.3.4 France
8.3.5 Spain
8.3.6 Rest of Europe
8.4 Asia Pacific
8.4.1 Japan
8.4.2 China
8.4.3 India
8.4.4 Australia
8.4.5 New Zealand
8.4.6 South Korea
8.4.7 Rest of Asia Pacific
8.5 South America
8.5.1 Argentina
8.5.2 Brazil
8.5.3 Chile
8.5.4 Rest of South America
8.6 Middle East & Africa
8.6.1 Saudi Arabia
8.6.2 UAE
8.6.3 Qatar
8.6.4 South Africa
8.6.5 Rest of Middle East & Africa
9 Key Developments
9.1 Agreements, Partnerships, Collaborations and Joint Ventures
9.2 Acquisitions & Mergers
9.3 New Product Launch
9.4 Expansions
9.5 Other Key Strategies
10 Company Profiling
10.1 Volvo Group
10.2 Forest River
10.3 Toyota Motor Corporation
10.4 Nanjing Gold Dragon
10.5 Scania AB
10.6 Proterra
10.7 NFI Group
10.8 Volkswagen AG
10.9 Mahindra Group
10.10 LGE Coachworks
10.11 Isuzu Motors Limited
10.12 Grech Motors
10.13 Tata Motors
10.14 Federal Coach
10.15 Daimler AG
10.16 CNH Industrial
10.17 Blue Bird Corporation
10.18 Ashok Leyland
List of Tables
1 Global Luxury Shuttle Bus Market Outlook, By Region (2019-2028) ($MN)
2 Global Luxury Shuttle Bus Market Outlook, By Seating Capacity (2019-2028) ($MN)
3 Global Luxury Shuttle Bus Market Outlook, By Below 25 Passengers (2019-2028) ($MN)
4 Global Luxury Shuttle Bus Market Outlook, By 26 to 35 Passengers (2019-2028) ($MN)
5 Global Luxury Shuttle Bus Market Outlook, By 36 to 55 Passengers (2019-2028) ($MN)
6 Global Luxury Shuttle Bus Market Outlook, By 56 Passengers & Above (2019-2028) ($MN)
7 Global Luxury Shuttle Bus Market Outlook, By Propulsion (2019-2028) ($MN)
8 Global Luxury Shuttle Bus Market Outlook, By Alternate Fuels (2019-2028) ($MN)
9 Global Luxury Shuttle Bus Market Outlook, By Battery Electric Buses (2019-2028) ($MN)
10 Global Luxury Shuttle Bus Market Outlook, By Diesel/Gasoline (2019-2028) ($MN)
11 Global Luxury Shuttle Bus Market Outlook, By Hybrid Electric Buses (2019-2028) ($MN)
12 Global Luxury Shuttle Bus Market Outlook, By Application (2019-2028) ($MN)
13 Global Luxury Shuttle Bus Market Outlook, By Airport Shuttle (2019-2028) ($MN)
14 Global Luxury Shuttle Bus Market Outlook, By Corporate (2019-2028) ($MN)
15 Global Luxury Shuttle Bus Market Outlook, By Government (2019-2028) ($MN)
16 Global Luxury Shuttle Bus Market Outlook, By Hospital & Medical Coach (2019-2028) ($MN)
17 Global Luxury Shuttle Bus Market Outlook, By School Coach (2019-2028) ($MN)
18 Global Luxury Shuttle Bus Market Outlook, By Tourist Coach/Tourism Coach (2019-2028) ($MN)
19 Global Luxury Shuttle Bus Market Outlook, By Passenger Transport (2019-2028) ($MN)
20 North America Luxury Shuttle Bus Market Outlook, By Country (2019-2028) ($MN)
21 North America Luxury Shuttle Bus Market Outlook, By Seating Capacity (2019-2028) ($MN)
22 North America Luxury Shuttle Bus Market Outlook, By Below 25 Passengers (2019-2028) ($MN)
23 North America Luxury Shuttle Bus Market Outlook, By 26 to 35 Passengers (2019-2028) ($MN)
24 North America Luxury Shuttle Bus Market Outlook, By 36 to 55 Passengers (2019-2028) ($MN)
25 North America Luxury Shuttle Bus Market Outlook, By 56 Passengers & Above (2019-2028) ($MN)
26 North America Luxury Shuttle Bus Market Outlook, By Propulsion (2019-2028) ($MN)
27 North America Luxury Shuttle Bus Market Outlook, By Alternate Fuels (2019-2028) ($MN)
28 North America Luxury Shuttle Bus Market Outlook, By Battery Electric Buses (2019-2028) ($MN)
29 North America Luxury Shuttle Bus Market Outlook, By Diesel/Gasoline (2019-2028) ($MN)
30 North America Luxury Shuttle Bus Market Outlook, By Hybrid Electric Buses (2019-2028) ($MN)
31 North America Luxury Shuttle Bus Market Outlook, By Application (2019-2028) ($MN)
32 North America Luxury Shuttle Bus Market Outlook, By Airport Shuttle (2019-2028) ($MN)
33 North America Luxury Shuttle Bus Market Outlook, By Corporate (2019-2028) ($MN)
34 North America Luxury Shuttle Bus Market Outlook, By Government (2019-2028) ($MN)
35 North America Luxury Shuttle Bus Market Outlook, By Hospital & Medical Coach (2019-2028) ($MN)
36 North America Luxury Shuttle Bus Market Outlook, By School Coach (2019-2028) ($MN)
37 North America Luxury Shuttle Bus Market Outlook, By Tourist Coach/Tourism Coach (2019-2028) ($MN)
38 North America Luxury Shuttle Bus Market Outlook, By Passenger Transport (2019-2028) ($MN)
39 Europe Luxury Shuttle Bus Market Outlook, By Country (2019-2028) ($MN)
40 Europe Luxury Shuttle Bus Market Outlook, By Seating Capacity (2019-2028) ($MN)
41 Europe Luxury Shuttle Bus Market Outlook, By Below 25 Passengers (2019-2028) ($MN)
42 Europe Luxury Shuttle Bus Market Outlook, By 26 to 35 Passengers (2019-2028) ($MN)
43 Europe Luxury Shuttle Bus Market Outlook, By 36 to 55 Passengers (2019-2028) ($MN)
44 Europe Luxury Shuttle Bus Market Outlook, By 56 Passengers & Above (2019-2028) ($MN)
45 Europe Luxury Shuttle Bus Market Outlook, By Propulsion (2019-2028) ($MN)
46 Europe Luxury Shuttle Bus Market Outlook, By Alternate Fuels (2019-2028) ($MN)
47 Europe Luxury Shuttle Bus Market Outlook, By Battery Electric Buses (2019-2028) ($MN)
48 Europe Luxury Shuttle Bus Market Outlook, By Diesel/Gasoline (2019-2028) ($MN)
49 Europe Luxury Shuttle Bus Market Outlook, By Hybrid Electric Buses (2019-2028) ($MN)
50 Europe Luxury Shuttle Bus Market Outlook, By Application (2019-2028) ($MN)
51 Europe Luxury Shuttle Bus Market Outlook, By Airport Shuttle (2019-2028) ($MN)
52 Europe Luxury Shuttle Bus Market Outlook, By Corporate (2019-2028) ($MN)
53 Europe Luxury Shuttle Bus Market Outlook, By Government (2019-2028) ($MN)
54 Europe Luxury Shuttle Bus Market Outlook, By Hospital & Medical Coach (2019-2028) ($MN)
55 Europe Luxury Shuttle Bus Market Outlook, By School Coach (2019-2028) ($MN)
56 Europe Luxury Shuttle Bus Market Outlook, By Tourist Coach/Tourism Coach (2019-2028) ($MN)
57 Europe Luxury Shuttle Bus Market Outlook, By Passenger Transport (2019-2028) ($MN)
58 Asia Pacific Luxury Shuttle Bus Market Outlook, By Country (2019-2028) ($MN)
59 Asia Pacific Luxury Shuttle Bus Market Outlook, By Seating Capacity (2019-2028) ($MN)
60 Asia Pacific Luxury Shuttle Bus Market Outlook, By Below 25 Passengers (2019-2028) ($MN)
61 Asia Pacific Luxury Shuttle Bus Market Outlook, By 26 to 35 Passengers (2019-2028) ($MN)
62 Asia Pacific Luxury Shuttle Bus Market Outlook, By 36 to 55 Passengers (2019-2028) ($MN)
63 Asia Pacific Luxury Shuttle Bus Market Outlook, By 56 Passengers & Above (2019-2028) ($MN)
64 Asia Pacific Luxury Shuttle Bus Market Outlook, By Propulsion (2019-2028) ($MN)
65 Asia Pacific Luxury Shuttle Bus Market Outlook, By Alternate Fuels (2019-2028) ($MN)
66 Asia Pacific Luxury Shuttle Bus Market Outlook, By Battery Electric Buses (2019-2028) ($MN)
67 Asia Pacific Luxury Shuttle Bus Market Outlook, By Diesel/Gasoline (2019-2028) ($MN)
68 Asia Pacific Luxury Shuttle Bus Market Outlook, By Hybrid Electric Buses (2019-2028) ($MN)
69 Asia Pacific Luxury Shuttle Bus Market Outlook, By Application (2019-2028) ($MN)
70 Asia Pacific Luxury Shuttle Bus Market Outlook, By Airport Shuttle (2019-2028) ($MN)
71 Asia Pacific Luxury Shuttle Bus Market Outlook, By Corporate (2019-2028) ($MN)
72 Asia Pacific Luxury Shuttle Bus Market Outlook, By Government (2019-2028) ($MN)
73 Asia Pacific Luxury Shuttle Bus Market Outlook, By Hospital & Medical Coach (2019-2028) ($MN)
74 Asia Pacific Luxury Shuttle Bus Market Outlook, By School Coach (2019-2028) ($MN)
75 Asia Pacific Luxury Shuttle Bus Market Outlook, By Tourist Coach/Tourism Coach (2019-2028) ($MN)
76 Asia Pacific Luxury Shuttle Bus Market Outlook, By Passenger Transport (2019-2028) ($MN)
77 South America Luxury Shuttle Bus Market Outlook, By Country (2019-2028) ($MN)
78 South America Luxury Shuttle Bus Market Outlook, By Seating Capacity (2019-2028) ($MN)
79 South America Luxury Shuttle Bus Market Outlook, By Below 25 Passengers (2019-2028) ($MN)
80 South America Luxury Shuttle Bus Market Outlook, By 26 to 35 Passengers (2019-2028) ($MN)
81 South America Luxury Shuttle Bus Market Outlook, By 36 to 55 Passengers (2019-2028) ($MN)
82 South America Luxury Shuttle Bus Market Outlook, By 56 Passengers & Above (2019-2028) ($MN)
83 South America Luxury Shuttle Bus Market Outlook, By Propulsion (2019-2028) ($MN)
84 South America Luxury Shuttle Bus Market Outlook, By Alternate Fuels (2019-2028) ($MN)
85 South America Luxury Shuttle Bus Market Outlook, By Battery Electric Buses (2019-2028) ($MN)
86 South America Luxury Shuttle Bus Market Outlook, By Diesel/Gasoline (2019-2028) ($MN)
87 South America Luxury Shuttle Bus Market Outlook, By Hybrid Electric Buses (2019-2028) ($MN)
88 South America Luxury Shuttle Bus Market Outlook, By Application (2019-2028) ($MN)
89 South America Luxury Shuttle Bus Market Outlook, By Airport Shuttle (2019-2028) ($MN)
90 South America Luxury Shuttle Bus Market Outlook, By Corporate (2019-2028) ($MN)
91 South America Luxury Shuttle Bus Market Outlook, By Government (2019-2028) ($MN)
92 South America Luxury Shuttle Bus Market Outlook, By Hospital & Medical Coach (2019-2028) ($MN)
93 South America Luxury Shuttle Bus Market Outlook, By School Coach (2019-2028) ($MN)
94 South America Luxury Shuttle Bus Market Outlook, By Tourist Coach/Tourism Coach (2019-2028) ($MN)
95 South America Luxury Shuttle Bus Market Outlook, By Passenger Transport (2019-2028) ($MN)
96 Middle East & Africa Luxury Shuttle Bus Market Outlook, By Country (2019-2028) ($MN)
97 Middle East & Africa Luxury Shuttle Bus Market Outlook, By Seating Capacity (2019-2028) ($MN)
98 Middle East & Africa Luxury Shuttle Bus Market Outlook, By Below 25 Passengers (2019-2028) ($MN)
99 Middle East & Africa Luxury Shuttle Bus Market Outlook, By 26 to 35 Passengers (2019-2028) ($MN)
100 Middle East & Africa Luxury Shuttle Bus Market Outlook, By 36 to 55 Passengers (2019-2028) ($MN)
101 Middle East & Africa Luxury Shuttle Bus Market Outlook, By 56 Passengers & Above (2019-2028) ($MN)
102 Middle East & Africa Luxury Shuttle Bus Market Outlook, By Propulsion (2019-2028) ($MN)
103 Middle East & Africa Luxury Shuttle Bus Market Outlook, By Alternate Fuels (2019-2028) ($MN)
104 Middle East & Africa Luxury Shuttle Bus Market Outlook, By Battery Electric Buses (2019-2028) ($MN)
105 Middle East & Africa Luxury Shuttle Bus Market Outlook, By Diesel/Gasoline (2019-2028) ($MN)
106 Middle East & Africa Luxury Shuttle Bus Market Outlook, By Hybrid Electric Buses (2019-2028) ($MN)
107 Middle East & Africa Luxury Shuttle Bus Market Outlook, By Application (2019-2028) ($MN)
108 Middle East & Africa Luxury Shuttle Bus Market Outlook, By Airport Shuttle (2019-2028) ($MN)
109 Middle East & Africa Luxury Shuttle Bus Market Outlook, By Corporate (2019-2028) ($MN)
110 Middle East & Africa Luxury Shuttle Bus Market Outlook, By Government (2019-2028) ($MN)
111 Middle East & Africa Luxury Shuttle Bus Market Outlook, By Hospital & Medical Coach (2019-2028) ($MN)
112 Middle East & Africa Luxury Shuttle Bus Market Outlook, By School Coach (2019-2028) ($MN)
113 Middle East & Africa Luxury Shuttle Bus Market Outlook, By Tourist Coach/Tourism Coach (2019-2028) ($MN)
114 Middle East & Africa Luxury Shuttle Bus Market Outlook, By Passenger Transport (2019-2028) ($MN)
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
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