Reports
Israel Bus Transportation Market: By Bus Size: Minibuses, Mid Buses, Large Buses; By Type: Single Deck, Double Deck; By Fuel Type: Diesel, Electric and Hybrid; By Application; By End Use; Historical Market and Forecast (2018-2028); Market Dynamics: SWOT Analysis; Competitive Landscape; Industry Events and Developments
Israel Bus Transportation Market Outlook
The Israel bus transportation market is estimated to grow in the forecast period of 2023-2028 at a CAGR of 3.8%.
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Increasing Trend of Sustainable Transportation Augmenting the Market Growth of Bus Transportation in Israel
The introduction of various favourable government initiatives to boost the use of sustainable transportation is bolstering the market for bus transportation in Israel. The surging development of public transport initiatives and transport infrastructure development is also bolstering the use of bus transportation in Israel. Moreover, the expansion of the fleet of zero-emission buses owing to the trend of sustainability is propelling the Israel bus transportation market. With the strengthening of Israel’s transition to emission-free transportation for a quieter and cleaner environment, the market for bus transportation is growing. As electric buses provide passengers with safe, reliable, and comfortable transportation, the market is witnessing a healthy growth. Furthermore, the market is predicted to observe growing trend of smart transportation and the transition to driverless and autonomous buses, which is expected to streamline bus transportation while enhancing the safety levels.
Market Segmentation
Bus transportation refers to public transportation that is used for carrying passengers, typically along a fixed route. It is one of the most common modes of transportation and is convenient and more affordable than the personal mode of transportation. Moreover, bus transportation is safe and offers energy-efficient mode of transportation.
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The major bus sizes of bus transportation are:
- Minibuses
- Mid Buses
- Large Buses
Based on type, the market is bifurcated into:
- Single Deck
- Double Deck
The market can be broadly categorised on the basis of fuel types into:
- Diesel
- Electric and Hybrid
By application, the market is segmented into:
- Public Bus
- Tourism Bus
- Service Bus
- School Bus
- Others
The market, based on end use, is segmented into:
- Transit Bus
- Intercity/Coaches
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Modernisation of Transportation Network to Drive the Market for Bus Transportation in Israel
The modernisation of transportation networks and the increasing use of innovative technologies to offer convenient, faster, and cleaner ways to travel are driving the Israel bus transportation market. The increasing utilisation of intercity and interurban electric buses that are powered by natural gases is also fuelling the market growth. With rapid urbanisation and industrialisation in the region, improvements in public transportation are likely to provide further impetus to the market for bus transportation in Israel. The Israeli government is also attempting to encourage public transportation to reduce carbon emissions, which is expected to augment the market growth. For instance, in February 2022, Israel announced its decision to mandate zero-emission new buses for public transportation from 2026.
The market growth of bus transportation in Israel can be attributed to the increasing investments in road infrastructure, the introduction of smartphone-operated technologies to facilitate daily commute, the growing trend of smart traffic regulation, and the introduction of mobile ticketing. The improvements in bus stop distribution and the implementation of smart traffic management systems are fuelling the market growth. With the expansion of bus lanes, public transportation is increasingly used to enhance cost-efficiency and schedule optimisation, which is expected to aid the market growth.
Key Players in the Israel Market for Bus Transportation
The report presents a detailed analysis of the following key players in the Israel bus transportation market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Merkavim transportation Ltd.
- BYD Company Ltd.
- Xiamen Golden Dragon Bus Co.,LTD
- Higer Bus Company Limited.
- Daimler AG
- Volvo Group
- Others
The comprehensive report looks into the macro and micro aspects of the market. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Bus Size |
|
| Breakup by Type |
|
| Breakup by Fuel Type |
|
| Breakup by Application |
|
| Breakup by End Use |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*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 Israel Bus Transportation Market Analysis
8.1 Key Industry Highlights
8.2 Israel Bus Transportation Historical Market (2018-2022)
8.3 Israel Bus Transportation Market Forecast (2023-2028)
8.4 Israel Bus Transportation Market by Bus Size
8.4.1 Minibuses
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Mid Buses
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Large Buses
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.5 Israel Bus Transportation Market by Type
8.5.1 Single Deck
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Double Deck
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.6 Israel Bus Transportation Market by Fuel Type
8.6.1 Diesel
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Electric and Hybrid
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.7 Israel Bus Transportation Market by Application
8.7.1 Public Bus
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2022)
8.7.1.3 Forecast Trend (2023-2028)
8.7.2 Tourism Bus
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2022)
8.7.2.3 Forecast Trend (2023-2028)
8.7.3 Service Bus
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2018-2022)
8.7.3.3 Forecast Trend (2023-2028)
8.7.4 School Bus
8.7.4.1 Market Share
8.7.4.2 Historical Trend (2018-2022)
8.7.4.3 Forecast Trend (2023-2028)
8.7.5 Others
8.8 Israel Bus Transportation Market by End Use
8.8.1 Transit Bus
8.8.1.1 Market Share
8.8.1.2 Historical Trend (2018-2022)
8.8.1.3 Forecast Trend (2023-2028)
8.8.2 Intercity/Coaches
8.8.2.1 Market Share
8.8.2.2 Historical Trend (2018-2022)
8.8.2.3 Forecast Trend (2023-2028)
9 Market Dynamics
9.1 SWOT Analysis
9.1.1 Strengths
9.1.2 Weaknesses
9.1.3 Opportunities
9.1.4 Threats
9.2 Porter’s Five Forces Analysis
9.2.1 Supplier’s Power
9.2.2 Buyer’s Power
9.2.3 Threat of New Entrants
9.2.4 Degree of Rivalry
9.2.5 Threat of Substitutes
10 Competitive Landscape
10.1 Market Structure
10.2 Company Profiles
10.2.1 Merkavim transportation Ltd.
10.2.1.1 Company Overview
10.2.1.2 Product Portfolio
10.2.1.3 Demographic Reach and Achievements
10.2.1.4 Certifications
10.2.2 BYD Company Ltd.
10.2.2.1 Company Overview
10.2.2.2 Product Portfolio
10.2.2.3 Demographic Reach and Achievements
10.2.2.4 Certifications
10.2.3 Xiamen Golden Dragon Bus Co.,LTD
10.2.3.1 Company Overview
10.2.3.2 Product Portfolio
10.2.3.3 Demographic Reach and Achievements
10.2.3.4 Certifications
10.2.4 Higer Bus Company Limited.
10.2.4.1 Company Overview
10.2.4.2 Product Portfolio
10.2.4.3 Demographic Reach and Achievements
10.2.4.4 Certifications
10.2.5 Daimler AG
10.2.5.1 Company Overview
10.2.5.2 Product Portfolio
10.2.5.3 Demographic Reach and Achievements
10.2.5.4 Certifications
10.2.6 Volvo Group
10.2.6.1 Company Overview
10.2.6.2 Product Portfolio
10.2.6.3 Demographic Reach and Achievements
10.2.6.4 Certifications
10.2.7 Others
11 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Israel Bus Transportation Market: Key Industry Highlights, 2018 and 2028
2. Israel Bus Transportation Historical Market: Breakup by Bus Size (USD Million), 2018-2022
3. Israel Bus Transportation Market Forecast: Breakup by Bus Size (USD Million), 2023-2028
4. Israel Bus Transportation Historical Market: Breakup by Type (USD Million), 2018-2022
5. Israel Bus Transportation Market Forecast: Breakup by Type (USD Million), 2023-2028
6. Israel Bus Transportation Historical Market: Breakup by Fuel Type (USD Million), 2018-2022
7. Israel Bus Transportation Market Forecast: Breakup by Fuel Type (USD Million), 2023-2028
8. Israel Bus Transportation Historical Market: Breakup by Application (USD Million), 2018-2022
9. Israel Bus Transportation Market Forecast: Breakup by Application (USD Million), 2023-2028
10. Israel Bus Transportation Historical Market: Breakup by End Use (USD Million), 2018-2022
11. Israel Bus Transportation Market Forecast: Breakup by End Use (USD Million), 2023-2028
12. Israel Bus Transportation Market Structure
Key Questions Answered in the Report
The Israel bus transportation market is estimated to grow at a CAGR of 3.8% between 2023 and 2028.
The market is being fuelled by the increasing use of sustainable transportation, the expansion of fleet of zero-emission buses, and the growing trend of smart transportation.
The market is likely to be bolstered by the modernisation of transportation network, rapid urbanisation, and the increasing investments in road infrastructure.
The major bus sizes of bus transportation in the market are minibuses, mid buses, and large buses.
The significant types of bus transportation in the market are single deck and double deck.
The various fuel types of bus transportation are diesel and electric and hybrid.
The several applications of bus transportation are public bus, tourism bus, service bus, and school bus, among others.
The major end uses of bus transportation are transit bus and intercity/coaches.
The major players in the market are Merkavim transportation Ltd., BYD Company Ltd., Xiamen Golden Dragon Bus Co.,LTD, Higer Bus Company Limited., Daimler AG, and Volvo Group, among others.
Analyst Review
The Israel bus transportation market is driven by the increasing use of sustainable transportation. Aided by the increasing investments in road infrastructure, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 3.8%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the market. Based on bus size, the market can be segmented into minibuses, mid buses, and large buses. By type, the market is bifurcated into single deck and double deck. On the basis of fuel types, the market is divided into diesel and electric and hybrid. Based on application, the market is segmented into public bus, tourism bus, service bus, and school bus, among others. By end uses, the market is divided into transit bus and intercity/coaches. The key players in the above market include Merkavim transportation Ltd., BYD Company Ltd., Xiamen Golden Dragon Bus Co.,LTD, Higer Bus Company Limited., Daimler AG, and Volvo Group, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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