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Australia Bus Market Size, Share, Growth, Report, Analysis: By Type: Single Deck, Double Deck; By Seat Capacity: 15-30 Seats, 31-50 Seats, More than 50 Seats; By Length: Up to 9 Meters, 9 Meters - 12 Meters, More Than 12 Meters; By Fuel Type: Battery Electric, Diesel, Others; By Application; Regional Analysis; Competitive Landscape; 2024-2032
Australia Bus Market Outlook
The Australia bus market size was valued at USD 173.20 million in 2023. The market is further projected to grow at a CAGR of 7.5% between 2024 and 2032, reaching a value of USD 333.61 million by 2032.
Key Takeaways
- According to the Australian Bureau of Statistics (ABS), there are over 86,000 buses and coaches operating in Australia. These vehicles collectively travel an average of 24,600 kilometres per annum.
- The bus industry provides a wide range of jobs, including roles for drivers, mechanics, engineers, and transport professionals.
- Using buses instead of cars could reduce health-related costs due to air pollution by USD 20 million annually and decrease greenhouse gas emissions by over 400,000 tonnes per year.
- The manufacture of buses and coaches contributes USD 5 billion each year to the Australian economy.
Buses are a preferred mode of public transportation in Australia, especially for tourists, offering cost-effective and convenient travel options. Modern technology, such as Google Maps and various apps like Moovit and TripView, enhances the ease of finding bus routes and schedules, facilitating seamless navigation for travellers. Additionally, hop-on-hop-off bus tours offer flexibility for exploring different destinations on the Australia map. Overall, buses play a vital role in the Australian transportation system, providing an accessible and affordable mode of travel for both locals and tourists.
The bus market in Australia is witnessing a shift towards digital innovation to meet evolving customer demands and expectations, driving the adoption of end-to-end digital solutions for enhanced supply chain visibility. Additionally, there is a push for Intelligent Speed Assistance (ISA) systems to improve road safety, with expectations for ISA to gain momentum in Australia like developments in the EU.
The shift to zero-emission vehicles, such as electric buses is another significant trend, with every state and territory in Australia planning to increase their EV fleets and charging networks, supported by government funding initiatives. Stakeholders in the transport and logistics sector are actively working to track emissions accurately and reduce carbon footprints through sustainable fleet management practices.
Moreover, there is an increasing demand for luxury and specialty buses in Australia, driven by private use for events like corporate gatherings and airport transfers. This trend caters to consumers seeking premium transportation services and contributes to Australia bus market growth by offering specialized bus options.
Even though battery electric buses are gaining traction in the market due to their zero-emission operation and environmental benefits; fuel cell electric buses are also emerging as a sustainable alternative in the market, offering clean energy solutions with hydrogen fuel cells. These buses cater to consumers looking for efficient and environmentally friendly transportation options.
Market Segmentation
Australia Bus Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
- Single Deck
- Double Deck
Market Breakup by Seat Capacity
- 15-30 Seats
- 31-50 Seats
- More than 50 Seats
Market Breakup by Length
- Up to 9 Meters
- 9 Meters - 12 Meters
- More Than 12 Meters
Market Breakup by Fuel Type
- Battery Electric
- Diesel
- Fuel Cell Electric
- Plug-in Hybrid
Market Breakup by Application
- Intercity Bus/Motorcoaches
- School Bus
- Transit Bus
- Others
Market Breakup by Region
- New South Wales
- Victoria
- Queensland
- Western Australia
- Australian Capital Territory
- Others
Competitive Landscape
Market players are engaged in manufacturing of electric buses to stay ahead in the competition.
- Grenda Corporation
- Pryor Family Group of Companies
- Custom Bus Group Pty Ltd.
- Nexport Pty Ltd.
- BusTech Pty Ltd.
- Cathro & Partners Pty Ltd.
- Man Truck & Bus Australia
- BLK Auto Pty Ltd.
- I-Bus Australia
- Others
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Type |
|
| Breakup by Seat Capacity |
|
| Breakup by Length |
|
| Breakup by Fuel Type |
|
| Breakup by Application |
|
| Breakup by Region |
|
| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
|
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Australia Bus Market Overview
8.1 Key Industry Highlights
8.2 Australia Bus Historical Market (2018-2023)
8.3 Australia Bus Market Forecast (2024-2032)
9 Australia Bus Market by Type
9.1 Single Deck
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Double Deck
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Australia Bus Market by Seat Capacity
10.1 15-30 Seats
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 31-50 Seats
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 More than 50 Seats
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
11 Australia Bus Market by Length
11.1 Up to 9 Meters
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 9 Meters - 12 Meters
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 More Than 12 Meters
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
12 Australia Bus Market by Fuel Type
12.1 Battery Electric
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Diesel
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Fuel Cell Electric
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Plug-in Hybrid
12.4.1 Historical Trend (2018-2023)
12.4.2 Forecast Trend (2024-2032)
13 Australia Bus Market by Application
13.1 Intercity Bus/Motorcoaches
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 School Bus
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Transit Bus
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 Others
14 Australia Bus Market by Region
14.1 New South Wales
14.1.1 Historical Trend (2018-2023)
14.1.2 Forecast Trend (2024-2032)
14.2 Victoria
14.2.1 Historical Trend (2018-2023)
14.2.2 Forecast Trend (2024-2032)
14.3 Queensland
14.3.1 Historical Trend (2018-2023)
14.3.2 Forecast Trend (2024-2032)
14.4 Australian Capital Territory
14.4.1 Historical Trend (2018-2023)
14.4.2 Forecast Trend (2024-2032)
14.5 Western Australia
14.5.1 Historical Trend (2018-2023)
14.5.2 Forecast Trend (2024-2032)
14.6 Others
15 Market Dynamics
15.1 SWOT Analysis
15.1.1 Strengths
15.1.2 Weaknesses
15.1.3 Opportunities
15.1.4 Threats
15.2 Porter’s Five Forces Analysis
15.2.1 Supplier’s Power
15.2.2 Buyer’s Power
15.2.3 Threat of New Entrants
15.2.4 Degree of Rivalry
15.2.5 Threat of Substitutes
15.3 Key Indicators for Demand
15.4 Key Indicators for Price
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Grenda Corporation
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Pryor Family Group of Companies
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Custom Bus Group Pty Ltd.
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Nexport Pty Ltd.
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 BusTech Pty Ltd.
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Cathro & Partners Pty Ltd.
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Man Truck & Bus Australia
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 BLK Auto Pty Ltd.
16.2.8.1 Company Overview
16.2.8.2 Product Portfolio
16.2.8.3 Demographic Reach and Achievements
16.2.8.4 Certifications
16.2.9 I-Bus Australia
16.2.9.1 Company Overview
16.2.9.2 Product Portfolio
16.2.9.3 Demographic Reach and Achievements
16.2.9.4 Certifications
16.2.10 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Australia Bus Market: Key Industry Highlights, 2018 and 2032
2. Australia Bus Historical Market: Breakup by Type (USD Million), 2018-2023
3. Australia Bus Market Forecast: Breakup by Type (USD Million), 2024-2032
4. Australia Bus Historical Market: Breakup by Seat Capacity (USD Million), 2018-2023
5. Australia Bus Market Forecast: Breakup by Seat Capacity (USD Million), 2024-2032
6. Australia Bus Historical Market: Breakup by Length (USD Million), 2018-2023
7. Australia Bus Market Forecast: Breakup by Length (USD Million), 2024-2032
8. Australia Bus Historical Market: Breakup by Fuel Type (USD Million), 2018-2023
9. Australia Bus Market Forecast: Breakup by Fuel Type (USD Million), 2024-2032
10. Australia Bus Historical Market: Breakup by Application (USD Million), 2018-2023
11. Australia Bus Market Forecast: Breakup by Application (USD Million), 2024-2032
12. Australia Bus Historical Market: Breakup by Region (USD Million), 2018-2023
13. Australia Bus Market Forecast: Breakup by Region (USD Million), 2024-2032
14. Australia Bus Market Structure
Key Questions Answered in the Report
In 2023, the market reached an approximate value of USD 173.20 million.
The market is expected to grow at a CAGR of 7.5% between 2024 and 2032.
The bus market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 333.61 million by 2032.
The market is being driven due to necessity of buses for convenient transportation, introduction of fuel-efficient and zero emission vehicles, including bus; and rising employment opportunities in the market due to increasing manufacturing of buses.
Key trends aiding the bus market expansion in Australia include a growing focus on creating more sustainable and innovative transportation solutions, adoption of Intelligent Speed Assistance (ISA) systems to improve road safety, and the fast transition to electric vehicles (EVs), which is supported by government funding initiatives.
Regions considered in the market are New South Wales, Victoria, Queensland, Western Australia, and Australian Capital Territory, among others.
Based on application, the market segmentations include intercity bus/motorcoaches, school bus, and transit bus.
Battery electric, diesel, fuel cell electric, and plug-in hybrid buses are considered in the report.
Key players in the market are Grenda Corporation, Pryor Family Group of Companies, Custom Bus Group Pty Ltd, Nexport Pty Ltd, BusTech Pty Ltd, Cathro & Partners Pty Ltd, Man Truck & Bus Australia, BLK Auto Pty Ltd, and I-Bus Australia, among others.
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